Schibsted Ventures participated in a round which pushed the smart energy provider's overall funding to over $170m as it eyes European expansion.

Sweden-based energy management software provider Tibber has secured $100m in series C funding from investors including Schibsted Ventures, the corporate venture capital subsidiary of media company Schibsted.

The round was led by private equity firm Summa Equity and also featured Eight Roads Ventures, a subsidiary of investment and financial services group Fidelity, as well as VC firm Balderton Capital.

Founded in 2016, Tibber offers renewable energy to customers at lower prices, in conjunction with a mobile app that monitors their…

Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.