eSmart Systems gets 100m NOK investment
11th December 2016
Level39 member and data-analysis platform for smart-city and energy industries, eSmart Systems has received an investment of 100M NOK (£9.35m) from Norwegian industrial software company Konsberg Digital.
Based out of Norway (and brought to Level39 via our Norwegian partner Innovation Norway) – eSmart Systems received the investment from Kongsberg and entered into a strategic partnership – with Kongsberg Digital taking a 34% stake in the business.
The team have a HQ in Halden, Norway as well as a hot-desk membership on our High Growth Space.
eSmart Systems will be focusing on digital development and services for advanced analytics and machine learning with Kongsberg, an established player internationally.
“Our goal since starting up in 2013 has been to establish a major Norwegian player in the international market. We are therefore very happy and highly motivated to enter into this close partnership with Kongsberg Digital. KONGSBERG represents the best of Norwegian technology and has an impressive international standing. This will certainly help our ambitions of becoming a world-leading supplier of digital intelligence for the energy sector”, says Knut H. H. Johansen, founder and CEO of eSmart Systems.