Fonn raised NOK 30M from Idekapital, Aidiom, Skagerak Maturo, Investinor and Oxer Kapital.

Fonn, an Oslo, Norway-based software developer of a field management tool for construction projects, completed a NOK 30M ($3.4M) capital investment round.

The money was provided by a range of investors from Norway, including Idekapital, Aidiom, Skagerak Maturo, Investinor and Oxer Kapital. Proceeds will be used to help company's efforts to expand business outside of Norway, specifically in the US and the UK markets.

Fonn, founded in 2016 and led by CEO Jan Tore Grindheim, developed a SAAS software-based field management tool for construction projects, with inclusive usability for all tech skill levels. The tool enables all users in a construction project, with up-to-date information and all communication in one place, and is in use by customers including Brinkman and Roche Constructor.

Prior to this round, in 2019, Fonn raised $1M.