Meet the team behind Kairos - Control Room Assistant

Meet the Board


Chairman of the board

Børge Richard Kolstad

Børge Richard Kolstad

Chairman of the Board

Børge is currently working as a partner in Wellwork Innovation AS. He has over 40 years of experience from the Oil & Gas industry, with 30 years in leadership positions. For the past 20 years, Børge has been working as an entrepreneur within different projects, such as: Sense EDM/Sense Intellifield, OTG, Norwegian Seals, 2TD Drilling, Meta Ltd, Read Cased Hole Ltd and Target Intervention. Børge was the president/CEO of Maritime Well Service(now Altus) for 10 years. Børge is a petroleum engineer graduate, with additional leadership education from BI.


Board of Directors


Terje Berg-Utby

Board Member

Terje Berg-Utby is Partner in Skagerak Maturo AS. He holds a PhD from Industrial Economics at NTNU within in Venture Capital Governance. Terje has worked with venture capital investments since 2006 with focus on SaaS and IOT companies. Terje's current portfolio includes Tunable, Effera, Intelecy, Kairos, Vixel, Vilmer and Inline. Prior engagements are among others Zisson, Penetrace, Integrasco, Nordic Ceramics and Wtek.

Frederik Hvistendahl

Frederik Hvistendahl

Board Member

Frederik holds an MSc. from NTNU in Trondheim and has 30+ years’ experience from the Oil & Gas industry. He started his career with 15 years in the global service company Schlumberger and has since held the position of CEO in five different service companies catering to the O&G industry: Hitec, Scandpower, Quickflange, Apply Sørco and Acona. Frederik enjoys creating value combining clever people and capital, and for the last three years he has been investing in start-up companies full-time through his position as Senior Partner in ProVenture. Frederik also hold several board positions in companies within the O&G industry.


Claus Myllerup

Board Member

Claus is the CTO of Kairos Technology AS and the MD of our Danish branch. Prior to joining Eldor, Claus was SVP Energy Technology at Lloyd’s Register and then Scientific & Commercialization Director at the Danish Hydrocarbon Research and Technology Centre. These appointments has given him great knowledge of the value chains in the energy and maritime industries.Claus' expertise includes operational management, organization development, leading innovation projects and technology troubleshooting. Claus holds a PhD degree in Mechanical Engineering from the Technical University of Denmark.


Our investors

Skagerak MaturoSkagerak Maturo is among the larges and most experienced early-stage technology investors in Norway. The company is present in Kristiansand, Skien, Oslo, and Hamar, and is positioned in close proximity to world leading technology clusters within digitalization, automation and industrial ICT. 

ProVenture is a nationwide leading seed- and early-stage investor fund, based in Trondheim and Stavanger. ProVenture focuses on investing in Norwegian technology companies with international potential, and provides capital and competence to accelerate growth for the companies in their portfolio.


Eldor is a Norwegian registered company that has been in operation since 2006. Eldor started with engineers characterized by their extensive knowledge and experience within system engineering. Eldor are leading specialists within Lifetime Extension, Digitalisation, and Alarm Management.


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