Tech Company Financing Transactions

Otovo Funding Round

Agder Energi Venture, Axel Johnson and DNB participated in a $130.5 million funding round for Otovo. The round was announced on 1/25/2023.

Transaction Overview

Company Name
Announced On
1/25/2023
Transaction Type
Debt
Venture Equity
Amount
$130,470,000
Round
Undisclosed
Proceeds Purpose
The solar power installation race continues to heat up as Norway's Otovo adds another �120 million to the coffers.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Torggata 7
Oslo, 0181
NO
Phone
Undisclosed
Email Address
Overview
Otovo is the easiest way for homeowners to get solar panels on the roof and batteries in the home. We are a marketplace that organizes a network of hundreds of local and highly qualified solar installers that we have carefully reviewed. We use our proprietary technology to analyze the potential of any home and provide precise advice on the ideal project so we can provide clients with an offer in seconds.
Profile
Otovo LinkedIn Company Profile
Social Media
Otovo Company Twitter Account
Company News
Otovo News
Facebook
Otovo on Facebook
YouTube
Otovo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andreas Thorsheim
  Andreas Thorsheim LinkedIn Profile  Andreas Thorsheim Twitter Account  Andreas Thorsheim News  Andreas Thorsheim on Facebook
Chief Operating Officer
Michal Karnibad
  Michal Karnibad LinkedIn Profile  Michal Karnibad Twitter Account  Michal Karnibad News  Michal Karnibad on Facebook
Co-Founder
Simen Jørgensen
  Simen Jørgensen LinkedIn Profile  Simen Jørgensen Twitter Account  Simen Jørgensen News  Simen Jørgensen on Facebook


 

 

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Where The Data Comes From

We do our best to report on tech company VC transactions. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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