Navidium in a $4.7 million investment deal with Momentum Partners and Odfjell.

Navidium, an Oulu, Finland-based developer of software solutions for the maritime industry, announced that it raised NOK 40 million ($4.7M) in funding.

The money was raised from investors including the Norway-based Momentum Partners.

Navidium, founded in 2013 and led by CEO Arto Koistinen, is involved in digital solutions for the maritime world, based on real-time data in order to be able to offer safe and sound support of IoT for all vessels and sites concerned both on board the vessel and at shore.