Tipio to raise more money via Folkeinvest.

Tipio, an Oslo, Norway-based company operating a consumer-driven marketplace for group purchases, secured a fresh capital investment round totalling NOK 2.5M ($240k).

The money was raised via an equity crowdfunding campaign on Folkeinvest in a round that values the company at NOK 20M.

Tipio, founded in 2017 and led by CEO Michael Lybek, developed a digital marketplace allowing consumers to get better purchasing prices by grouping for aquirin gcetain items.