Draft:Nolan Gray
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Nolan Gray (born 1990) is an American entrepreneur and venture capitalist. He is a co-founder and general partner of Florent Venture Partners, a European venture capital firm focused on artificial intelligence and enterprise software.[1]
Gray was named to the Forbes 30 Under 30 list in 2020 for his contributions to energy and technology entrepreneurship.[2] He received this recognition after co-founding Svea Solar, which he initially bootstrapped to over $50 million in sales,[3] later raising more than $200 million in funding,[4] and building the company into one of Europe’s fastest-growing climate technology firms with annual revenues exceeding $200 million.[5][6]
Early life and education
[edit]Gray studied business and philosophy at the University of San Francisco.[7] He began his career in Silicon Valley in 2011 and, following his first exit, relocated to Europe around 2014, where he co-founded one of the continent’s leading climate technology companies.[8]
Career
[edit]Jobscience and early career
[edit]Gray was an early employee and served as Chief Marketing Officer at Jobscience, a San Francisco–based recruitment software company.[9] Jobscience was later acquired by Vista Equity Partners as part of a series of acquisitions in the HR and recruitment technology sector.[10]
Svea Solar
[edit]In 2014, Gray co-founded Svea Solar, which grew into one of the largest solar energy companies in Europe and the largest in Sweden.[11] The company was listed twice in the Financial Times FT1000 list of Europe’s fastest-growing companies.[12][13]
Svea Solar reached revenues of 2 billion SEK (~$200 million) in 2024.[14] It also secured major funding, including a €100 million investment from CarVal Investors for utility-scale solar parks,[15] and a substantial growth investment from Altor Equity Partners exceeding $100 million.[16]
Additional Swedish-language coverage also features the company’s Dagens Industri Supergasell status and rapid climate-tech growth.[17][18]
Florent Venture Partners
[edit]In 2024, Gray co-founded Florent Venture Partners (commonly branded as Florent), a European venture capital firm where he serves as a general partner.[19] He co-founded the firm together with Lars Rasmussen, co-founder of Google Maps, Danish entrepreneur Mads Rydahl, and Christian Dorffer. The firm invests in enterprise artificial intelligence, with focus areas including the Defense industry, Energy industry, Food industry, Financial services, and Data infrastructure.
Advisory roles
[edit]Gray has served as a founding advisor to Aira, a Vargas Holding–backed company focused on heat pumps that raised $150 million in 2025.[20]
He is also an advisor to Copado, a Salesforce DevOps platform that reached unicorn status in 2021.[21]
Recognition
[edit]- Named to the Forbes 30 Under 30 list (2020).[22]
- Profiled in Bloomberg, Financial Times, Sifted, and Swedish press including Dagens industri, Energipress and Resumé for his contributions to renewable energy and venture capital.
References
[edit]- ^ "Ex-Google Maps, Siri Executives Back $59 Million European Fund for Industry-Specific AI". Bloomberg. 9 September 2025.
- ^ "Nolan Gray". Forbes.
- ^ "Årets Supergasell ska få solen att konkurrera ut kolet". Dagens Industri (in Swedish).
- ^ "Altor acquires a significant minority stake in Svea Solar" (Press release). Altor Equity Partners. 2021.
- ^ "From Startup to Giant: 5 Takeaways from Building Svea Solar from 0 to 2 Billion SEK". Upsales. 2024.
- ^ "FT 1000: Europe's Fastest Growing Companies 2024". Financial Times. 2024.
- ^ "Nolan Gray LinkedIn". LinkedIn.
- ^ "Svea Solar in the running towards shaping a fossil-free Europe". Svea Solar press release. 5 April 2020.
- ^ "Bullhorn acquires two SF-based firms, eyes $200M in revenue". Boston Business Journal. 13 March 2018.
- ^ "Bullhorn Acquires Talent Rover and Jobscience" (Press release). Bullhorn. 13 March 2018.
- ^ "Svea Solar in the running towards shaping a fossil-free Europe". Svea Solar press release. 5 April 2020.
- ^ "FT 1000: Europe's Fastest Growing Companies 2024". Financial Times. 2024.
- ^ "FT 1000: Europe's Fastest Growing Companies 2023". Financial Times. 2023.
- ^ "From Startup to Giant: 5 Takeaways from Building Svea Solar from 0 to 2 Billion SEK". Upsales. 2024.
- ^ "Svea Solar raises a further €100 million, this time for expansion of utility scale solar parks". PV Magazine. 2024.
- ^ "Altor acquires a significant minority stake in Svea Solar" (Press release). Altor Equity Partners. 2021.
- ^ "Årets Supergasell ska få solen att konkurrera ut kolet". Dagens Industri (in Swedish).
- ^ "Energipress: Solenergi expansion". Energipress (in Swedish).
- ^ "Ex-Google Maps, Siri Executives Back $59 Million European Fund for Industry-Specific AI". Bloomberg. 9 September 2025.
- ^ "Altor-Backed Aira Raises $150 Million for Heat Pump Expansion". Bloomberg. 11 August 2025.
- ^ "Meet the CEO of a Salesforce DevOps $1B Unicorn". Salesforce Ben. 2021.
- ^ "Nolan Gray". Forbes.