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PortfolioGLEX

GLEXEnergy-tech pioneer

Sector
EnergyTech SaaS
Region
Norway

Overview

GLEX - energy-tech pioneer - is a TGC Capital Partners portfolio company operating in the EnergyTech SaaS category, with primary footprint across Norway.

Where GLEX fits in TGC’s focus

Energy technology operates across utility, grid-services, asset-monitoring, and decarbonisation use cases - and is sold into utilities, grid operators, and industrial buyers with multi-year procurement cycles. Execution depth in operating-data integration, certification, and grid-services compliance is the difference between pilots and revenue.

The execution work that GLEX navigates - operating-data integration (SCADA, EMS), grid-services certification, multi-jurisdiction compliance, and enterprise procurement against utility and industrial buyers - is typical of companies at this stage in the category.

Regional context

TGC has direct Norwegian coverage through partners with operating histories in the Oslo, Bergen, and Stavanger ecosystems, and a Nordic-wide investment thesis that prioritises companies expanding from Norway into adjacent Nordic markets first, Europe second. GLEX’s footprint in Norway sits within the coverage TGC maintains across the region.

TGC’s role

TGC Capital Partners works with GLEX as an investor and partner: a minority stake together with revenue engineering and software engineering from Gateway Group. Strategic mentorship and our global network are available when the company needs them.

Next step: a two-hour workshop.

Book the intro call and we fix the workshop date on it.