Versiro, a Trondheim, Norway-based AI-driven startup, has raised €2.34 million in seed funding, bringing the company’s valuation to €10.5 million.
Investors
The funding round was led by Alliance VC, with participation from Sondo Capital, former E.ON CEO Johannes Teyssen, Hans Geelmuyden, Superside founder Fredrik Thomassen, and Enode founders Henrik Langeland and Nikolai Heum.
Alliance is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders with global ambitions. The firm was founded in 2001 and is based in Oslo, Norway.
Versiro Use of Funds
The company will use the funding to scale its innovative solutions across Europe.
About Versiro
Founded in 2022 by Simon Risanger and Markus Löschenbrand, Versiro emerged from the PhD research of its founders at the Norwegian University of Science and Technology (NTNU). The company leverages artificial intelligence to provide real-time decision support for power producers, optimizing market decisions and managing the unpredictability of renewable energy sources. Versiro’s solutions process vast amounts of data to deliver real-time, risk-adjusted strategies tailored to each producer’s unique production and risk profile.
Funding Details
Company: Versiro AS
Raised: €2.34M
Round: Seed Round
Funding Month: July 2024
Lead Investors: Alliance VC
Additional Investors: Sondo Capital, Johannes Teyssen, Hans Geelmuyden, Fredrik Thomassen, Henrik Langeland, Nikolai Heum
Company Website: https://www.versiro.com/
Software Category: Multi-Market Decision Support
Source: https://arcticstartup.com/versiro-raises-e2-34-million/