Hudya raises NOK 14M, aims for IPO in a year after being founded.

Norway Investments 10 July 2017
Share on FacebookShare on Twitter

Hudya, a Lysaker, Norway-based startp providing a two-sided marketplace for consumers for all sorts of utilities, announced raising NOK 14M ($1.68M) in an equity investment round.

The money comes from a range of local private investors, including Adolfsen Group, and was placed at a NOK 143M ($17.2M) valuation of the company.

Hudya, founded in 2016 and led by CEO Børge Leknes, has developed a digital platform that aims to simplify the purchase of traditional consumer services. Those services include telecom, energy or insurance products.

Prior to this transaction, Hudya received NOk 3M from the Norwegian reasearch Council and intends to float its shares on the publick exchange by the end of 2017.