Vibbio secured $2M in financing, aims to expand internationally.

Norway 22 May 2019
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Vibbio, an Oslo, Norway-based B2B company providing a SaaS video creation platform, completed a NOK 13M ($1.5M) capital investment round.

In addition to the equity, the company has also secured a NOK 4M ($500k) growth loan from Innovasjon Norge.

The equity funding was supported by a range of Norwegian investors, institutional and angels, including Orkla Venture, Nettuno Capital, Skagerak Maturo, Investinor, Eirik Dahle and Thomas Falck. Following the deal, the founders and company's management will control about 60% of the company's shares.

Vibbio, founded 2016 by Marianne Bratt Ricketts and Stine Norum, built a cloud-based video solution dedicated for marketing departments looking to create and promote video advertising.

Prior to this round, Vibbio was backed by investors including Martin Hauge and Tomorrow Today (2M2D).

Total investments received (USD): 2.13M

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