As a proud investor in Tunable, we are excited to announce our participation in the latest fundraising round, which raised an additional 16 million Norwegian kroner, following last year's successful round of 64 million Norwegian kroner directed towards European deep-tech investors Trumpf Capital and GTT.

Joining us in this round are esteemed investors such as the Skeie family through Skeie Technology, MP Pension, the Markussen family in SBH Holding AS, and Ludens AS, owned by NEL CEO Jon Andre Løkke. Løkke has also taken on the role of Chairman of Tunable, succeeding Frode Meringdal in January.

The NEL CEO has a lot of experience in the industrial startup scene in Norway. He has been involved in Norsk Titanium, Scatech, and is also the new chairman of the publicly listed startup Bergen Carbon Solutions.

Along with a private individual, we have invested in this round under the same terms as the previous summer's issuance.

Tunable has ambitious plans for growth, targeting revenue of 400 million Norwegian kroner by 2026, up from 24 million in 2022.

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Based on article in Shifter

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