imove secured NOk 10 million in strategic investment from DSD

imove, a Bergen, Norway-based company providing a subscription service for cars and scooters, announced in a press release the completion of a NOK 10 million ($1.1M) in capital investment from Det Stavangerske Dampskibsselskap AS (DSD).

The investment will give DSD an ownership interest in imove of about 17%.

Imove, founded in 2018 and led by CEO Hans Kristian Aas, operates a mobile application via which consumer can access a car subscription, micro-mobility and Software-as-a-Service (SaaS) services. Today, the services are offered in several Norwegian cities.