Ably Medical raises $4M from a group of Norwegian angel investors.

Norway Investments 03 May 2018
Share on FacebookShare on Twitter

Ably Medical, an Ålesund, Norway startup providing technology-based medical beds, raised NOK 32M ($4M) in capital investment.

The money was provided by 12 Norwegian angel investors via Pir i Invest, for 32%, at a company valuation of NOK 100M.

Ably Medical, founded at the end of 2015 by Kjell-Are Furnes, Arve Voldsund, Jørn Refsnæs and Cato Bjørkli, developed a hospital bed equipped with a variety of sensors and artificial intelligence to monitor patients in order to learn, know, mobilize and collaborate with the nursing and medical personnel.

Prior to this deal, the company raised a little more than $1M, from investors including Yngve Sævik, who will own 14.6% of the compant