Friar Venture, our regional venture fund in Telemark and Vestfold, has hit the ground running in its first six months. The fund is experiencing strong deal flow, showcasing the incredible innovation happening within the region. We're thrilled to announce that Friar Venture has already made three exciting investments, highlighting the dynamic and promising landscape we're engaging with. The future looks bright as we continue to support and foster groundbreaking ventures in the region. Read about the three companies that Friar Venture has invested in so far below.

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Reprice is our bet in the e-commerce space, offering automated, real-time pricing strategies for online retailers. Their platform adjusts prices based on market trends, demand, and competition, helping businesses maximize revenue and maintain competitiveness. Reprice simplifies pricing management, allowing retailers to focus on growth and profitability in a dynamic market. Learn more: Reprice

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Friar Venture invested in Cemit due to its strong economic and impact business case for their customers. Cemit's platform creates digital twins of tracks, enabling precise anomaly detection and predictive maintenance. This reduces downtime, cuts operational costs, and enhances public transportation reliability while promoting greener, more sustainable transportation solutions. Learn more: Cemit

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Our investment in Fast Travel aims to transform taxi operations at high-traffic locations. Their platform offers real-time tracking and efficient dispatching, reducing wait times and improving service quality. By encouraging eco-friendly vehicles and better matching supply and demand, Fast Travel is making taxi services more sustainable and efficient. Learn more: Fast Travel

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