New follow-up investment in THINK
THINK Holdings has completed a USD 40 million funding round to support product development and further expansion on the North American market.
The funding round was led by RockPort Capital and Ener, which both increased their funding with USD 12.5 million. Investinor also participated in the funding round, investing almost NOK 20 million in the company, hence increasing their total investment in the Norwegian electric car maker to NOK 30.7 million.
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| Fund | Investinor |
| Portfolio Company | THINK Holdings |
| Date of Transaction | 2010-05-11 |
| Transaction | Finance round |
| Seller | |
| Buyer | |
| Size of Transaction | NOK 20.0m |
| Ind. Focus | Cleantech |
| Geography | Norway |
| Stage | Venture |