poLight AS has raised an equity round of NOK 160 million from new investors and existing shareholders. The private placement, which was oversubscribed, attracted several established leading Norwegian and international institutional investors.
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Encap Security, provider of uncompromising authentication for financial institutions and Alliance Venture Polaris portfolio company, has been acquired by AllClear ID, the world leader in protecting organisations, their employees, and their customers from the fallout of a data breach.
Wake is a tool to share design within teams and with customers. The company is based in San Francisco and Oslo. Alliance Venture co-invests with First Round Capital and Slow Ventures
Kolonial.no has raised MNOK 12 in a seed round led by Alliance Venture. Kolonial.no is experiencing rapid growth in an underserved segment of the Norwegian e-commerce market. The total market for groceries in Norway is around NOK 160 billion, with an estimated 0,1% of this sold through online players. In comparable markets, like Sweden and the UK, the market penetration is much higher.