Energy Micro Raises $13M in First Funding Round

Energy Micro AS, an Oslo, Norway-based developer and supplier of energy friendly microcontrollers, has secured $13m in its first funding round.
Investors include Northzone Ventures and Investinor.
The capital infusion will enable the company to continue the development of its microcontroller product portfolio, to develop and bring to market a family of energy friendly radio products and to expand the organisation and sales channels to support future high growth.
In conjunction with the round, Steinar Fossen, Investment Director of Investinor, has joined Energy Micro’s board of directors.

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