Norway's $1.8T oil fund expects to save $400M from its $2B in annual trading costs by using AI to trade more efficiently, and it has already saved nearly $100M
Financial Times :
Data center infrastructure startup Arkon Energy raised $110M led by Bluesky Capital to grow its US BTC mining capacity and launch an AI cloud service in Norway
Jacquelyn Melinek / TechCrunch :
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Reuters : Instacart reveals IPO filing, disclosing PepsiCo investment, profitability Dan Frommer / The New Consumer : Parade...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Bill Peters / MarketWatch : Instacart files for IPO, joining crowded field of gig-economy names as markets rebound Hayden Fi...
Norway-based RPA Supervisor, which lets companies control and manage their robotic process automation tools, has raised a $20M Series A led by Dawn Capital
Kyle Wiggers / TechCrunch :
Norway's Tibber, which makes smart home devices to provide energy consumption analytics, raises a $100M Series C, bringing its total funding to $181.5M
Dan Taylor / Tech.eu :
Zoom has invested an additional $30M in Norway-based Neat, which makes video conferencing devices, bringing its total investment to $41M
Joseph F. Kovar / CRN :
Norwegian startup Gelato, a marketplace for printing services, for everything from mugs to clothing, raises $240M led by Insight Partners at a $1B+ valuation
- Norway software firm secures $240 million from investors — Gelato targets 3D technology as its business expands
Norway-based imove, a white-label service that lets companies offer car subscription services under their own brands, raises $22.3M Series A
Mike Butcher / TechCrunch :
Lunar Way, a Denmark-based banking app that raised €13M and expanded to Norway in February, raises €26M, says it has obtained a European banking license
Mary Loritz / EU-Startups :