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Maritime Robotics secures USD 12 million in growth capital to accelerate international expansion
Maritime Robotics – the leading provider of Uncrewed Surface Vessels (USVs) and Autonomous Navigation Systems in the maritime industry has today announced a USD 12 million capital raise. The funding round was co-led by the Nordic cleantech fund EnvisionTech and the Norwegian state-owned fund Nysnø Climate Investment, with significant participation from Umoe AS and Holta Invest. The round also saw strong support from employees and existing shareholders.
Heimdall Power raises $25 Million Series B to Accelerate Power Grid Optimization Globally
Heimdall Power, the global leader in power grid optimization, today announced a $25 million capital raise in a Series B financing. The round was co-led by EnvisionTech, the Nordic energy efficiency specialist fund, the international energy company Orlen and the Steinsvik Family Office. Existing shareholders, including Investinor, Eviny, Hafslund, Lyse, and Sarsia Seed, participated in the round with a combined $8.5 million USD
EnvisionTech invests in Futurehome, a smart home energy management company
Futurehome AS raises NOK 50 million in growth capital from EnvisionTech to help households optimize and save on their energy consumption through innovative energy management solutions.
EnvisionTech invests in disruptive motor manufacturer Alva Industries
Norwegian cleantech company Alva Industries AS (Alva) has raised USD 11 million (NOK 117 million) in a Series A funding round.
Investors are EnvisionTech, Statkraft Ventures, Drone Fund, Jakob Hatteland, and other existing investors and employees. The funds will be used to scale Alva’s production capacity and product portfolio to become a leading supplier of electric motors in the growing market for industrial drones.
EnvisionTech invests in Umoe Advanced Composites AS (UAC)
EnvisionTech’s latest investment in leading global supplier of glass fibre pressure vessel producer