Energy Ventures III had its final closing in January 2008 with a committed capital of NOK 1.34 billion. The cornerstone investors are Ferd, Gjensidige Forsikring, KLP, DnB NOR, Umoe, Hoegh Capital Partners, Jebsen Asset Management, Torvald Klaveness Group, Vital, Storebrand and internationally renowed names like Temasek Holdings, LGT Capital Partners, LMS Capital, Partners Capital and Keppel Offshore & Marine form a solid investor base in the fund.

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

Energy Ventures III has made ten investments and two exits.