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So far Alliance has created 26 blog entries.

Alliance Venture invests in Altua

2019-04-17T03:45:07+00:00

Altua, the developer of Grunt – the tool that gives PowerPoint users superpowers, announced a new funding round of 16 MNOK (1.9 MUSD) to take Grunt to market. Alliance Venture, a new investor, joined the syndicate of existing investors. See article from Finansavisen (in Norwegian).

Alliance Venture invests in Altua 2019-04-17T03:45:07+00:00

Xeneta raises 70 MNOK (8.2 MUSD) in new funding

2019-04-18T04:14:07+00:00

Xeneta, the leading freight price benchmarking and market intelligence platform, has raised a new funding round of 70 MNOK (8.2 MUSD) led my Investinor. Existing shareholders Smedvig Capital, Creandum, Alliance Ventures, and Alden participated in the funding round. See announcement from Investinor.

Xeneta raises 70 MNOK (8.2 MUSD) in new funding 2019-04-18T04:14:07+00:00

Novelda secures 15 MUSD in growth funding for its XeThru radar sensor business

2019-04-18T04:15:29+00:00

Novelda, a developer and supplier of adaptive smart sensors, has closed a USD 15 million funding round to further develop and take the XeThru radar sensor technology into high volume applications. Alliance Venture participated in the round led by Investinor. See the company’s announcement.

Novelda secures 15 MUSD in growth funding for its XeThru radar sensor business 2019-04-18T04:15:29+00:00

poLight announces successful IPO raising 130 MNOK

2018-09-28T23:06:51+00:00

poLight ASA today announced the successful completion of its initial public offering (IPO). The first day of trading of the company’s shares on the Oslo Stock Exchange is expected to be Monday 1 October 2018 under the ticker OSE: PLT. In the offering poLight has raised 130 MNOK in new funds. See the company’s announcement.

poLight announces successful IPO raising 130 MNOK 2018-09-28T23:06:51+00:00

Boost.ai secures 5 MUSD Series A investment from Alliance Venture

2018-02-09T23:30:43+00:00

Boost.ai, provider of the world’s most robust virtual assistant platform, announced today the closing of a new round of financing from Alliance Venture. Boost.ai has developed the world’s most robust natural language processing (NLP) algorithms. These algorithms enable virtual assistants built on the James® platform to respond to customer enquiries quickly, efficiently and with unrivaled accuracy. The financing will be used to strengthen the technical and commercial teams within boost.ai, and to support expansion beyond the Nordics. See article (in Norwegian).

Boost.ai secures 5 MUSD Series A investment from Alliance Venture 2018-02-09T23:30:43+00:00

Aquabyte raises 3.5 MUSD seed funding; aims to transform fish farming through computer vision and machine learning

2018-01-30T20:03:03+00:00

Aquabyte, a startup applying computer vision and machine learning models to dramatically optimize fish farming efficiency, today announced a 3.5 MUSD Seed Round of funding co-led by Costanoa Ventures and New Enterprise Associates (NEA) with participation from Alliance Venture, Princeton University and other investors. See press release, Forbes article and Shifter article (Norw).

Aquabyte raises 3.5 MUSD seed funding; aims to transform fish farming through computer vision and machine learning 2018-01-30T20:03:03+00:00

Arundo Analytics raises 25MUSD Series A funding to bring large-scale machine learning into asset-heavy industries

2018-01-26T17:54:47+00:00

Arundo Analytics, a software company powering advanced analytics in heavy industry and Alliance Venture portfolio company, announced today an initial closing of 25 MUSD on its Series A financing round. To date, the company has raised over $32.5 million since its founding in 2015. “This investment is a validation of the product and market strategy our team pursued over the last two years,” said Tor Jakob Ramsøy, CEO of Arundo. See article.

Arundo Analytics raises 25MUSD Series A funding to bring large-scale machine learning into asset-heavy industries 2018-01-26T17:54:47+00:00

Swarm64 raises 12.5 MUSD Series B round led by Intel Capital

2018-01-07T15:35:43+00:00

Alliance Venture portfolio company, Swarm64 – an enabler of real-time analytics for high velocity and big data – has raised 12.5 MUSD Series B round led by Intel Capital. The funding will be used to strengthen Swarm64’s position as a global leader in FPGA-based accelerators for relational databases. Alliance Venture participated in the round. See press release in English and article in Norwegian.

Swarm64 raises 12.5 MUSD Series B round led by Intel Capital 2018-01-07T15:35:43+00:00

Aprila Bank has raised 170 MNOK (20 MUSD) in funding

2018-01-03T13:04:37+00:00

Alliance Venture invested early alongside FJLabs and was later joined by several reputable Norwegian investors. Aprila delivers a fully automated on-the-spot financing solution for SMEs with an innovative distribution model. The solution will address the SME funding gap through a seamless integration with established ERP solutions and accounting services. See article in Norwegian.

Aprila Bank has raised 170 MNOK (20 MUSD) in funding 2018-01-03T13:04:37+00:00

Alliance Venture leads 2.5 MUSD investment round in Northern.tech

2017-12-04T21:54:45+00:00

Northern.tech, a supplier of software for “Securing the World’s Connected Devices”, recently raised a new funding round of 2.5 MUSD, led by Alliance Venture and with Investinor also participating. Northern.tech’s product portfolio includes CFEngine, Mender and Zener.
We have shared our perspectives on the new investment in a blog post.

Alliance Venture leads 2.5 MUSD investment round in Northern.tech 2017-12-04T21:54:45+00:00