Lavo TV raises $8M in equity funding from British investment firm Alpha Blue Ocean.

Norway United Kingdom 10 April 2018

Lavo TV, an Oslo, Norway-based company providing a video streaming service, secured NOK 60M in capital investment added to the company. The backing comes from investors including private equity firm Alpha Blue Ocean and the money will be deployed on a 12-months period timeline.

Lavo TV, founded in 2016 by CEO Tom Roger Sokki, developed a video streaming service available on a mobile application.

Prior to this deal, the company raised more than $6M in two rounds, one in 2016 and one in 2017.

Total investments received (USD): 14.02M