CardioMech Raises $5M in Funding
CardioMech AS, an Oslo, Norway-based company developing a transcatheter mitral valve repair technology, closed on a convertible note financing of $5m.
Norway
SafetyWing Secures $3.5M in Seed Funding
SafetyWing, an Oslo, Norway-based startup that offers medical insurance for digital nomads, raised $3.5m in seed funding.
NEC Acquires Bioinformatics Company OncoImmunity AS
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.
AVG Launches Two Funds
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 Raises $34M in Funding
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 Receives Investment from Saudi Aramco Energy Ventures
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 Acquires Majority Stake in VisBook
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 Acquires Vantage Computing
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.
Biometric Startup Zwipe Raises $14M
Zwipe, an Oslo, Norway-based biometric startup, raised $14m in funding.
Kindred Files Suit in Court Against Norwegian Gambling Regulator
The Kindred Group, a large, international online gambling company, is going to court against a Norwegian regulator.
What Happened With the Norwegian Oil Fund and its Gambling Disinvestment?
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 Closes Undisclosed Series A Funding
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 Receives $30M Strategic Investment from Opera
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 Raises US$5M in Funding
Memory, an Oslo, Norway-based AI startup providing an automatic time tracking app, raised US$5m in funding.
Learning Platform Kahoot! Raises $15M
Kahoot!, an Oslo, Norway-based learning platform, raised $15m in funding.