Cavai adds funding from Investinor.

Cavai, an Oslo, Norway-based provider of ad-tech solutions, secured NOK 4M ($430k) in funding.

The funding was provided by Norwegian state-owned investment company Investinor, which joins existing shareholders in the company.

Later edit: The money is part of a larger NOK 32 million ($3.4M) closed during the first part of 2020.

Cavai, founded in 2018 by CEO Steffen Svartberg, developed and is selling an conversational advertising platform, providing acess to text and voice controlled chatbots that can be delivered on millions of websites,mobile apps, social media and programmatic TV. The company has clients such as Nordea, Rema 1000, Hewlett Packard and the British The Telegraph and several large media agencies.