Volue
Norwegian technology company providing software and digital services for energy, power grids, water, and infrastructure.
Last updated August 27, 2026
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Overview
Volue is a Norwegian technology company focused on software and data-driven digital services for energy, power-grid, water, and infrastructure organizations. The company was created in March 2020 through the combination of four Nordic businesses: Markedskraft, Powel, Scanmatic, and Wattsight. Their activities brought together expertise in energy-market analysis and trading, utility and infrastructure software, industrial measurement and monitoring, and data services. Volue positions its technology around the digitalization of sectors undergoing major operational and environmental change. Its software is intended to help energy companies manage increasingly renewable and variable power systems, support electricity-market decisions, operate and plan grid assets, and improve the use of infrastructure data. In the water field, the company has worked on reducing waste through the use of machine learning and real-time information. More broadly, Volue presents digital tools as a means of improving efficiency while reducing greenhouse-gas emissions and other environmental impacts. The company's formation was followed by a rapid move toward the public markets. Volue announced preparations for an initial public offering in October 2020, and its shares began trading under the symbol VOLUE. The Oslo Børs approved the company's admission to trading in April 2021, with listing on the Oslo Stock Exchange beginning in May 2021. The company also expanded its energy-trading capabilities through the acquisition of Likron in December 2020. Volue's business scope spans energy-market software, renewable-energy and power-system applications, grid management, water-management solutions, and infrastructure technology. Its products and services are aimed primarily at utilities, energy traders, network operators, water companies, public-sector infrastructure organizations, and other asset-intensive customers. The company has its headquarters in Oslo and additional offices in Europe. Available reference material identifies Europe and North America as operating markets, although a complete geographic breakdown is not established here. Volue has also participated in publicly supported technology and innovation initiatives. In May 2021, it received a grant from Innovation Norway for work intended to reduce water waste with machine learning and real-time data. The European Commission identified the company's energy-trading-platform development as an innovation associated with the Horizon 2020 funding program. These activities reflect Volue's stated emphasis on combining specialized industry software with automation, forecasting, optimization, and data analysis to support the transition toward more sustainable energy and infrastructure systems. The company remains an active public technology business. The available material does not establish a current chief executive, detailed ownership structure, current market capitalization, or a complete product-by-product catalog, so those fields are left unspecified rather than inferred.
History
Volue was established in March 2020 as a Nordic technology group assembled from Markedskraft, Powel, Scanmatic, and Wattsight. The combination brought together businesses with experience in energy-market analysis, trading and forecasting, utility software, industrial monitoring, and infrastructure data. The new company was designed to address the growing need for digital tools in sectors affected by renewable-energy deployment, more complex electricity markets, aging infrastructure, and pressure to reduce environmental impacts. From its beginning, Volue described its mission in terms of efficiency, digitalization, and emissions reduction. Its target industries included energy production and trading, electricity-grid operations, water management, and broader infrastructure services. Rather than operating as a general consumer technology brand, Volue developed specialized business software and data solutions for asset-intensive organizations and public utilities. The company moved toward a public listing during its first year. In October 2020, Volue announced preparations for an initial public offering on the Oslo Stock Exchange, and its shares began trading under the ticker VOLUE. In December of the same year, it acquired Likron, an energy-trading-solutions company. The transaction expanded Volue's capabilities in software supporting energy-market participants and trading operations. Volue's public-market transition continued in 2021. Oslo Børs approved Volue ASA for admission to trading on 21 April 2021. The listing began on 4 May 2021, and the company published its first annual report on 14 April 2021. These events established Volue as a publicly traded Norwegian technology company shortly after its formation. The company has also pursued applied innovation in water and energy. In May 2021, Innovation Norway provided a grant for work intended to reduce water waste through machine learning and real-time data. The project illustrates Volue's use of analytics and operational information to improve infrastructure efficiency. Separately, the European Commission identified Volue's development of an energy-trading platform as a key innovation within the Horizon 2020 funding context. Volue is headquartered in Oslo and maintains additional offices in Europe. Its business covers energy-market and trading applications, renewable-energy and power-system management, grid software, water solutions, and infrastructure technology. The available references do not provide a complete chronology of later acquisitions, product releases, leadership changes, or financial performance. Accordingly, this history records the documented formation, listing, acquisition, and innovation milestones without extending beyond the available evidence.
- 2021
Oslo Børs admission approved
[1]Oslo Børs approved Volue ASA for admission to trading on 21 April 2021.
- 2021
Oslo listing commenced
[1]Volue began trading on the Oslo Stock Exchange on 4 May 2021.
- 2021
Innovation Norway water project grant
[1]Volue received support for a machine-learning and real-time-data project aimed at reducing water waste.
- 2020
Volue established
[1]Volue was founded in March 2020 through the combination of Markedskraft, Powel, Scanmatic, and Wattsight.
- 2020
IPO preparations announced
[1]Volue announced preparations for an initial public offering on the Oslo Stock Exchange in October 2020.
- 2020
Likron acquired
[1]Volue acquired Likron, expanding its energy-trading software capabilities.
Products and positioning
Specialized enterprise software and digital services for energy and infrastructure transition
Energy software
Volue Energy
Volue Energy is the broad energy-focused area associated with the company's software for power markets, energy trading, renewable-energy operations, and power-system management. The offering reflects the company's role in helping utilities, traders, producers, and other energy-sector participants work with market data, forecasts, operational information, and increasingly variable renewable generation. The available references identify the business area but do not provide a definitive list of individual modules or current product names.
Infrastructure software
Volue Infrastructure
Volue Infrastructure covers digital solutions for infrastructure-related operations, including water and utility use cases, monitoring, data management, and operational improvement. Its documented innovation work includes applying machine learning and real-time data to reduce water waste. The business area is intended for organizations managing physical networks and public or industrial assets, although the available material does not specify a complete catalog of current products.
Energy trading software
Energy-trading platform
Volue has developed technology for energy trading and was recognized by the European Commission in connection with Horizon 2020 as a key innovator for an energy-trading-platform initiative. The platform-related work sits within the company's broader effort to provide digital tools for increasingly complex power markets. Specific launch dates, product architecture, and commercial deployment details are not established by the available references.
Brand decisions
2020
Acquisition of LikronM&ABackground
Volue was building a broad energy-technology platform after its formation from four Nordic businesses and sought to strengthen its energy-trading capabilities.
Action taken
Volue acquired Likron, a company specializing in energy-trading solutions, in December 2020.
Aftermath
The acquisition expanded Volue's documented portfolio in energy trading and complemented its energy-market software activities. The available material does not provide transaction terms or subsequent financial effects.
2020
Public-listing strategyStrategyBackground
After being formed in March 2020, Volue pursued access to public capital and visibility through an Oslo Stock Exchange listing.
Action taken
The company announced IPO preparations in October 2020 and proceeded toward admission to trading on Oslo Børs.
Aftermath
Volue became publicly traded in May 2021 under the VOLUE symbol. No issue size or valuation is included because the available reference does not provide those figures.
Recent events
- 2021
Volue received Innovation Norway grant for water-waste reduction[1]
Other
Innovation Norway awarded Volue support for a project using machine learning and real-time data to reduce water waste.
- 2021
Volue admitted to trading on Oslo Børs[1]
Other
Oslo Børs approved Volue ASA for admission to trading, with the company's listing commencing in May 2021 after approval in April.
- 2020
Volue formed through combination of four Nordic technology businesses[1]
M&A · Other
Markedskraft, Powel, Scanmatic, and Wattsight were combined to create Volue, a company focused on digitalization in energy and infrastructure.
- 2020
Volue announced preparations for Oslo Stock Exchange IPO[1]
Other
Volue announced an initial public offering process in October 2020 and began trading under the VOLUE symbol.
- 2020
Volue acquired Likron[1]
M&A
Volue acquired Likron, a company working with energy-trading solutions, strengthening its capabilities in energy-market technology.
Sources2 sources
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