imove to get NOK 20M in capital investment.

imove, a Bergen, Norway-based company providing a subscription service for cars and scooters, announced in a press release that it raised NOK 10M ($2.2M) in a strategic capital investment round.

The funding was backed by local investors including two Norwegian car dealer companies, Hedin Automotive and Frydenbø bil as.

Imove, founded in 2018 by CEO Hans Kristian Aas and Gunnar Birkenfeldt, operates a mobile application via which consumer can access a car subscription, micro-mobility and Software-as-a-Service (SaaS) services.

This round brings to NOk 20M the capital round imov has raised. At the end of 2019, the company secured NOK 10M from DSD.