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Key people at Lyse.
Lyse was founded in 1999 by Eimund Nygaard (Founder & CEO).
Lyse is a Norwegian industrial and multi-utility company that develops and operates critical infrastructure across energy and telecommunications. The company provides a comprehensive suite of services including electricity generation, predominantly from hydropower, district heating, fiber broadband connectivity, and mobile communication solutions. Lyse actively invests in future-proof digital infrastructure, including 5G and IoT technologies, to enhance societal connectivity and facilitate sustainable resource management for both residential and business customers.
Established in 1998 through the consolidation of municipal energy companies, Lyse is fully owned by a consortium of 14 municipalities in southwestern Norway. This foundational structure reflects an original insight to create a unified entity capable of delivering essential utility services, initially energy, water, and sewage, and later expanding into modern telecommunications, to foster regional development and ensure long-term community benefit. The company’s profits are reinvested into infrastructure and distributed back to its owner municipalities.
Lyse serves a broad customer base of Norwegian households and businesses with its integrated offerings. The company’s overarching vision is to drive the green energy transition and enable a robust digital future for the country, emphasizing sustainable growth and a holistic view of the energy system. It aims to remain a vital contributor to societal development and infrastructure modernization across Norway.
Key people at Lyse.
Lyse was founded in 1999 by Eimund Nygaard (Founder & CEO).
Lyse has 1 tracked investment across 1 company. The latest tracked deal is $25.0M Series B in Particula in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 26, 2024 | Particula | $25.0M Series B | — | Eviny, Hafslund, Investinor, NRP Zero, Orlen VC, Sarsia, Steinsvik Family Office |