Swarm64, a Berlin, Germany-based microprocessor startup, raised NOK4.5m (approximately €560k) in seed funding.
The round was led by Springfondet, with participation from Arne Graee, former CEO of Tandberg Television, who has joined the Board as Chairman, and other angels.
The company intends to use the funds to continue to develop its technology.
Co-founded in 2012 by Eivind Liland, CEO, and Thomas Richter, Swarm64 is designing innovative server architectures which aim to optimize power, logic and complexity, simplify maintenance for data-heavy computing and for emerging cloud applications, and reduce costs.
FinSMEs
26/08/2013