Norwegian Founders Fund draws a new fund with NOK 70M to be invested in 50 companies.

Dn.no
Norway 20 September 2016
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Several leading industry players join a fund to help start-up companies in the startup phase. The Fund is 70 million.

The so-called Founders Fund II is thus more than twice as large as the precursor, which was set up in 2013.

We started fund one by 30 million in the last quarter of 2013, when no one else was interested. Approximately no invested so early. No one took the risk, says for dn.no partner Tor Bækkelund in Startuplab.

Among investors Founders Fund II is Kjell Inge Røkke, Ferd's Johan H. Andresen, Tapada founder Are Traasdahl and Opera founder Jon von Tetzchner.

Original story