Energy Ventures IV had its final closing in April 2011 with a committed capital of USD 350 million. The fund is backed by renowned international and Norwegian investors. The list of investors includes previous Energy Ventures investors like Temasek, Argentum, KLP, Keppel, Klaveness Invest AS, Storebrand, Jebsen Asset Management AS and DnBNOR. In addition the new fund includes international investors like SL Capital Partners, UTIMCO (University of Texas Investment Management Company), Meketa Investment Group and Parish Capital to form a solid investor base in the fund.

Energy Ventures IV is a closed-end venture capital fund with a fund life of eight years. Energy Ventures IV is open for new investments.

Energy Ventures IV has made two investment.