Venture capital firm Northzone raised $500m for its newest fund, Northzone IX.
DXC Technology (NYSE: DXC), a Tysons, VA-based IT services company bringing digital innovation to enterprises, acquired Syscom, a provider of service management and security consulting and solutions in Norway.
inzpire.me, an Oslo, Norway-based startup which humanises advertising via its data-driven influencer marketing platform, raised €1.2m in funding.
ayfie Group, an Oslo, Norway-based provider of advanced big text analytics solutions, raised $10m in funding.
CardioMech AS, an Oslo, Norway-based company developing a transcatheter mitral valve repair technology, closed on a convertible note financing of $5m.
SafetyWing, an Oslo, Norway-based startup that offers medical insurance for digital nomads, raised $3.5m in seed funding.
NEC Corporation (NEC; TOKYO: 6701) acquired OncoImmunity AS, a Norway-based bioinformatics company that develops proprietary machine learning software to support the fight against cancer.
AV Group Ltd., an asset manager with offices in New York, Cayman Islands, Norway and Singapore with a focus on growing Norwegian based ESG and Impact companies globally, has just launched a Singapore based Fund.
eSmart Systems, a Halden, Norway-based provider of AI-based analytics for infrastructure inspection and asset health monitoring, completed a capital raise of USD 34.4m.
Earth Science Analytics AS, a Stavanger, Norway-based Artificial Intelligence petroleum geoscience software provider, raised a series A funding from Saudi Aramco Energy Ventures (SAEV).
Standout Capital has acquired a majority stake in VisBook, a Kvikne/Oppdal Norway and Gothenburg Sweden-based provider of property management systems for hotels, activity centers and camping sites.
Asolvi, a Trondheim, Norway-based provider of service management software for small and medium-sized enterprises in the field service industry, acquired Vantage Computing, a Hitchin, UK-based developer of service management solutions.
Zwipe, an Oslo, Norway-based biometric startup, raised $14m in funding.
The Kindred Group, a large, international online gambling company, is going to court against a Norwegian regulator.
The world’s largest sovereign wealth fund is currently located in Norway. The Government Pension Fund was established back in the 90s when the country was enjoying large amounts of profit from its oil and gas exports almost all around the world. It is currently valued at $1 trillion.