Participating investors have contributed in the past to over €7 Billion in total investments.
The Tech Tour Ocean 2024 Investment Programme has recently announced its selection of the 34 most promising emerging companies. These selection was made by a Selection Panel of 35 active investors and corporate partners through a collaborative scouting and review methodology. (See the selected companies below.)
Key insights
Investor commitment: The participating investors collectively have made 700+ previous investments, amassing a total of €7.4 Billion. The group consists of 70% investment funds and 30% corporates.
Company funding: Historically, the selected companies have already received 121 investments from 67 current investors.
Top countries by selected companies: Norway stands out as the leading country, hosting 12 companies, which underscores its significant role in the programme. This is followed by Switzerland and the Netherlands, each with 3 companies, and Sweden and Finland, which are represented by 2 companies each. This distribution underlines the programme's broad geographic reach and Norway's prominent position.
Most represented subsectors: The companies are predominantly concentrated in the energy and food sectors, which together form a significant majority, accounting for 41% and 37% respectively. Transportation also contributes, representing 10% of the focus areas. This emphasis on the primary sectors highlights the strategic significance of energy and food within the ocean sector.
Check the Infogram below for more insights.
The selected companies will showcase their solutions at a live event on 13-14 May 2024 in Bodø, Norway. The event will feature pitching sessions, keynote speeches, panel discussions, one2one meetings, and extensive networking opportunities.
The Programme is co-organised with KPB, Innovation Norway, Løvold, Olaisen Blue Rogn, Gigante Havbruk AS, and supported by Katapult, Corporate Ventures Advisory, Ocean Hyway Cluster, ÅKP, Arctic Investment Group, and ShapingBio.
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For more information on additional Tech Tour programmes in the sustainability sector, visit our upcoming events.