Investinor invests in Energy Micro
Northzone, together with Investinor, invests in Norwegian microcontroller company Energy Micro.
Northzone and Investinor will jointly invest NOK 75 million in the company, which specializes in energy friendly microcontrollers. Energy Micro recently won the prestigious Product of the Year 2010 award from the German magazine Elektronik, and the funding will be used to further develop their product portfolio and to support high growth in the future. This investment marks the first investment og the newly raised Northzone VI fund.
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| Fund | Investinor |
| Portfolio Company | Energy Micro |
| Date of Transaction | 2010-03-17 |
| Transaction | Acquisition |
| Seller | |
| Buyer | |
| Size of Transaction | NOK 75.0m |
| Ind. Focus | ICT |
| Geography | Norway |
| Stage | Venture |