ProVenture Seed II

In 2014 we launched our second fund with MNOK 525 in committed capital. The fund was fully invested in May 2020 and we are now focused on growing and eventually exiting our portfolio companies.

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Digital real-time collaboration software that interact with most ERP and M&M systems. Increase efficiency and reduce ad-hoc work.


Inline testing and certfication of pressure safety valves.


High accuracy clamp-on flow rate and phase fraction meter for gas, wet gas, oil, water, oil/water and drilling mud systems. Onshoe/topside and subsea application.


Production logging of wells using heat pulses. Provides formation production allocation.


Monitoring of annulus and enclosed well volumes. Provides the operator with real time data access in preparation for drilling, production or intervention of the well.


Filter that removes magnetic micro particles from mud during drilling operation. The effect is improved directional drilling performance and MWD data quality.


Heavy duty fishing tools with a range of new features that increase success rate and significantly reduce the duriation of the fishing operation.

Kairos Technology

Improves production effectiveness by providing a software that will reduce effects of abnormal situations, avoiding shutdowns, and provide real-time decision support when abnormalities occur in complex industrial systems.

Scale Protection

Scale monitoring, management, and protection.


Downhole wireline tool utilizing focused acoustic energy to provide a hole in the borehole wall for stress testing of formation in exploration wells.

Ace Oil Tools AS

Stop collars with superior holding force.

Seabed Separation

Unique subsea separator system with significant IOR-potential, removing produced water at the seabed and offer accurate production allocation at seabed with no production loss.

Well Conveyor

Slim Battery-powered Conveyor (SBC) for conveying logging tools, distributed sensing cables and light intervention tools in slim or restricted, highly deviated and horizontal wells.