Last Mile Solutions announced raising NOK 15 million from strategic backers BKK Digitek and Eidsiva Bredbånd.

Norway 15 February 2021

Last Mile Solutions, an Asker, Norway-based B2B provider of a EV charging & smart energy management platform, completed a NOK 15M ($1.8M) capital funding round.

The money was raised from strategic investors BKK Digitek and Eidsiva Bredbånd, who will control 37.5% of the equity, post transaction.

Last Mile Solutions, founded in 2006 and led by CEO Hans-Jørgen Solli, is selling on-demand IoT networks, monitoring various utility services parameters, such as measuring household water consumption. The company has 8500 sensors in operation within 30 base stations in their local municipality Asker and works with other local Norwegian municipalities.