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.
Decisions, an Oslo, Norway-based provider of a meeting management solution that integrates with Microsoft Office 365, closed its Series A round of undisclosed amount.
StarMaker Inc., a San Francisco, CA-based technology-driven social media company focused on music and entertainment, reeived a $30M strategic investment from Opera Limited (Nasdaq: OPRA).
Memory, an Oslo, Norway-based AI startup providing an automatic time tracking app, raised US$5m in funding.
Kahoot!, an Oslo, Norway-based learning platform, raised $15m in funding.
Mercell, an Oslo, Norway-based e-tendering platform provider, received an investment of undisclosed amount from Viking Venture.
Dogu, a Trondheim, Norway-based provider of SasS based data visualisation solutions, raised $2.4m in funding.
Verdane Capital, an investor and active owner of technology-enabled growth companies in Northern Europe, acquired two companies from early-stage technology investor Skagerak Maturo*.
Exabel, an Oslo, Norway-based developer of an automatic monitoring tool for finance professionals, raised US$4.7M in second seed funding.
Compusoft, a Sarpsborg, Norway-based provider of computer-aided design (“CAD”) software to the kitchen and bathroom retail industries, received an investment from TA Associates, a global growth private equity firm.
Keystone Academic Solutions, an Oslo, Norway-based leader in international student recruitment serving universities and colleges globally, received an unidsclosed investment from Viking Venture, a business to business software as a service investor (B2B SaaS).
Verdane Capital, an investment firm with offices in Copenhagen, Helsinki, London, Oslo and Stockholm, has closed a new fund, at SEK 3 billion.
Kahoot!, an Oslo, Norway-based game-based learning platform, secured $17m in funding.
Boost.ai, a Stavanger, Norway-based provider of chatbots and virtual assistants, closed an up to $5m funding round.
Unacast, a contextual and transparent location data platform, raised $17.5m new funding.