DNV

DNV

Independent assurance and risk management firm.

Overview

DNV is a global assurance and risk management firm that certifies the safety and compliance of a company’s systems, products, and supply chains across industries like maritime, energy, healthcare, and food. Its work involves independent verification and certification, using standardized, science-based criteria to assess ships, pipelines, safety management, and other processes, ensuring they meet agreed standards. What sets DNV apart is its long history and wide reach: born from 19th-century maritime risk assessment, it has grown into a multinational organization with about 15,000 employees in over 100 countries, and it combines deep domain expertise with a focus on safety and sustainability, including digitalization and the energy transition. The company’s goal is to be the trusted voice on safety and sustainability, helping clients manage risk, improve reliability, and demonstrate compliance through trusted certifications and assessments.

About DNV

Simplify's Rating
Why DNV is rated
B+
Rated A on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Consulting

Industrial & Manufacturing

Energy

Company Size

10,001+

Company Stage

Grant

Total Funding

$2.1M

Headquarters

Bærum, Norway

Founded

1864

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Simplify's Take

What believers are saying

  • DNV reported NOK 35.3 billion 2025 revenue and 5,615 million EBITDA in March 2026.
  • DNV raised R&D investment to 6% of revenue from January 2026.
  • Headcount reached 15,380 across 127 nationalities, signaling continued hiring and global expansion.

What critics are saying

  • Offshore wind downturn cuts certification demand if developers delay projects through 2027.
  • Major oil, shipping, and utilities customers use competitors and internal teams to bypass DNV.
  • If maritime decarbonization standards stall before IMO 2028, DNV's new product bets lose urgency.

What makes DNV unique

  • DNV owns industry rules: 2026 hydrogen and onboard carbon capture recommended practices.
  • DNV certified Nordseecluster A milestone on June 4, 2026, proving offshore authority.
  • DNV Ventures embeds its standards into portfolio products like Gridcog, Vind AI, and SkyFi.

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Funding

Total Funding

$2M

Above

Industry Average

Funded Over

2 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Flexible Work Hours

Company News

Shipping Professional Network in London
Jul 15th, 2026
Event #140 - DNV maritime Forecast.

Event #140 - DNV maritime Forecast. The Shipping Professional Network London is pleased to announce that The Shipping Professional Network London will be holding Event #140 - DNV Maritime Forecast in October, in partnership with DNV. Further details to be confirmed soon!

ESG News
Jul 14th, 2026
ABB leads $10M Series A in Gridcog to scale energy modelling platform.

ABB leads $10M Series A in Gridcog to scale energy modelling platform. Key takeaways. * Gridcog raised $10 million in a Series A round led by ABB Electrification Ventures, with participation from Axpo, DNV Ventures, and VERBUND X Ventures. * The funding will support Gridcog's European expansion and product development, addressing regulatory shifts in energy. * Gridcog's platform replaces spreadsheets with cloud-based scenario modeling, helping stakeholders assess financial and carbon impacts of energy projects. * The company has modeled over 16,000 energy projects and operates in more than 40 countries, now headquartered in London. * ABB and DNV Ventures will collaborate with Gridcog to enhance energy project implementation and advisory services. Energy modeling start-up Gridcog, has closed a $10 million Series A round led by ABB Electrification Ventures, with participation from Axpo, DNV Ventures and VERBUND X Ventures. Existing shareholders AlbionVC and the Clean Energy Finance Corporation (CEFC) also took part in the oversubscribed round. The raise brings four major energy companies onto Gridcog's cap table as strategic investors - a notable structure given that competitors of these same investors also rely on Gridcog's platform for project modelling and investment decisions. Gridcog's software replaces spreadsheet-based analysis with cloud-based scenario modelling, simulation and optimization, giving developers, utilities, independent power producers, and commercial and industrial customers a transparent view of both the financial case and carbon impact of a project before capital is committed. The company says its platform has modelled more than 16,000 energy projects across more than 40 countries to date. The new capital will fund Gridcog's European expansion, selective entry into new markets, and continued product development, as regulatory shifts - including hybridisation rules in Spain and Germany and emerging battery storage roadmaps - raise the bar for detailed pre-feasibility studies ahead of investment decisions. Fabian Le Gay Brereton, CEO and co-founder of Gridcog, commented: "Most modelling tools ask you to trust a number you can't trace. Gridcog does the opposite: every assumption is visible, every result goes down to the interval, and it's all backed by rigorous deterministic computational modelling and mathematical optimisation." As part of the round, ABB's Electrification Service division will pair its energy advisory and microgrid engineering expertise with Gridcog's modelling capabilities, aiming to help commercial and industrial customers move faster from concept to implementation on integrated, service-led energy projects. DNV Ventures is separately deepening its role as a data and advisory partner, engaging with project developers earlier in the lifecycle using Gridcog's platform alongside DNV's Solcast data. Stuart Thompson, President of ABB's Electrification Service division, commented: "The energy transition increasingly depends on projects that combine renewables, storage and flexible loads, making accurate modelling more important than ever." Founded in Australia in 2020, Gridcog is now headquartered in London with additional offices in Berlin, Madrid, Perth and Melbourne. The company is led by CEO Fabian Le Gay Brereton and CPO Pete Tickler (co-founders), alongside CTO Matt Ryan and CCO Genna Boyle. Subscribe & Follow for daily ESG insights. Join the Conversation: Follow ESG News on LinkedIn to engage with its global community of 50K+ sustainability leaders and C-suite executives.

DNV
Jul 2nd, 2026
DNV updates seismic design guidance as wind expands into earthquake-prone regions.

DNV updates seismic design guidance as wind expands into earthquake-prone regions. DNV has published an updated edition of its recommended practice DNV-RP-0585 Seismic design of wind power plants, providing enhanced guidance for the design of onshore and offshore wind assets exposed to earthquake loading. As wind power deployment expands into seismically active markets, particularly across Asia-Pacific, earthquake loading is increasingly becoming a key design consideration. Seismic events can significantly affect wind turbines, foundations, offshore substations, power cables and installation vessels, creating engineering challenges beyond those addressed by conventional wind and wave design approaches. The updated recommended practice provides harmonized guidance for assessing and managing seismic risks throughout the design process. It complements existing DNV standards for wind turbines, support structures and offshore substations, while supporting projects designed in accordance with the IEC 61400 series. "Wind power projects are increasingly being developed in regions where earthquake loading is a primary design driver rather than a secondary consideration," says Mette Redanz, Vice President for Renewables Certification at DNV. "The updated recommended practice provides the industry with consistent and transparent methodologies for seismic design, enabling safer and more reliable wind power projects in some of the world's most demanding environments." The 2026 edition incorporates lessons learned from recent projects and from the ACE 2-EVOLUTION joint industry project (JIP), which brings together more than 20 companies from across the offshore wind value chain. Key updates in the new edition include: * Enhanced guidance on seismic analysis methodologies and modelling requirements * Updated recommendations for soil-structure interaction and foundation damping * Clarifications on seismic loading, ground motion selection and post-processing requirements * Guidance for identifying critical design positions within large wind power plants * New recommendations for installation vessels operating in seismic regions * An informative appendix summarizing local seismic design requirements in Japan "Effective seismic design requires close alignment between turbine, foundation and geotechnical disciplines," explains Marcus Klose, Project manager for the ACE joint industry project and Head of Section Offshore Technology and Innovation at DNV. "This update reflects insights gained through international collaboration and practical project experience, providing engineers with clearer guidance while supporting consistency and confidence across the industry." Applicable to both onshore and offshore projects, DNV-RP-0585 provides guidance on seismic hazard assessment, design load cases, geotechnical considerations, analysis methods and post-earthquake actions. The recommended practice supports designers, developers, suppliers, purchasers, regulators and certification bodies involved in wind projects in seismically active regions worldwide.

Carbon Herald
Jun 22nd, 2026
DNV launches first standardized framework for onboard carbon capture.

DNV launches first standardized framework for onboard carbon capture. June 22, 2026 Classification society DNV has published a landmark recommended practice (RP) establishing a standardized framework to measure and verify the performance of onboard carbon capture and storage (OCCS) systems. The new guideline, DNV-RP-0698, arrives as the maritime industry searches for immediate decarbonization solutions, providing a critical technical foundation for the scaling of onboard captured carbon technologies. With roughly 90% of the global operational fleet still entirely dependent on conventional fossil fuels, OCCS is rapidly emerging as a vital transitional pathway. It offers a practical emission-reduction strategy for existing vessels that cannot easily or economically retrofitted to run on low-greenhouse gas fuels. This industry push is mirrored on the regulatory front, where the International Maritime Organization (IMO) has already initiated development on formal OCCS guidelines, targeted for completion by 2028. Establishing a shared technical language for maritime CCS. Built around rigorous mass balance principles, the DNV framework defines a harmonized set of key performance metrics. These include absolute capture rates, the specific quantity of captured CO2, remaining atmospheric emissions, and gross capture efficiency. Crucially, the framework remains entirely technology-neutral, accommodating pre-combustion, post-combustion, oxy-fuel, and alternative capture architectures. To ensure market trust, the RP introduces a structured, third-party verification process. This protocol encompasses comprehensive system documentation, measurement setup evaluation, performance calculations, and strict uncertainty assessments. According to DNV, establishing this shared technical language is essential for mitigating investment risks early in the design phase. The initiative highlights a growing reality for the maritime sector: long vessel lifespans mean the existing fleet requires immediate, bolt-on environmental solutions. By providing a clear methodology to account for the full performance picture, rather than just raw capture volumes, the new practice enables shipyards, manufacturers, and shipowners to make highly informed deployment decisions for both newbuild and retrofit projects worldwide.

Windtech International
Jun 8th, 2026
DNV invests in Vind AI and integrates wind modelling technology into renewable energy platform

DNV has made a strategic minority investment in Vind AI through DNV Ventures and will take an observer seat on the company's board. The investment supports Vind AI's platform development and international expansion. Vind AI operates a digital platform for renewable energy project development. As part of the deal, DNV's CFD-ML wind modelling technology will be integrated directly into the Vind AI platform. The funding round included participation from existing investors Norrsken VC and Arkwright X, plus Vind AI employees, who retain approximately 70% ownership as the largest shareholder group. Vind AI will continue operating independently and collaborating with data and technology partners across the sector.

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