Völur, an Oslo, Norway-based global software company focusing on optimizing the meat industry with cutting-edge AI technology, has closed a $2.8 million funding round.
Additionally, the company announced the appointment of Anna Turvoll as its new CEO.
Investors
The funding round saw the participation of new venture capital investors, including Serra Ventures and York IE, alongside Völur's corporate partner, SARIA. Existing backers such as Idékapital, Fusion Fund, and Fortress Fund have also reinforced their commitment with additional investments.
Völur Use of Funds
The funds will be strategically deployed to drive top-line growth and support new expansion initiatives.
About Völur
Founded in 2019, Völur is a B2B SaaS company that develops AI technology to optimize meat industry planning and scheduling. Leveraging deep technical and industry knowledge, the company uses data and AI to empower meat processors with optimal sorting and cutting decisions, maximizing carcass value throughout the entire value chain. The platform provides tools for activities such as production planning, inventory management, and sales operations and planning. Völur is on a mission to make the meat industry more optimized and sustainable with data and AI.
Funding Details
Company: Völur, Inc.
Raised: $2.8M
Round: Unknown
Funding Month: April 2024
Investors: Serra Ventures, York IE, SARIA, Idékapital, Fusion Fund, Fortress Fund
Company Website: https://www.volur.ai/
Software Category: Meat Cutting and Processing Solutions
Source: https://www.volur.ai/articles/volur-appoints-anna-turvoll-as-ceo