Alongside Statoil Technology Invest in the round are venture capital firms Investinor and ProVenture Management.
Verdande Technology, a Norway-based provider of real-time case-based reasoning (CBR) technology, has raised NKr45m ($8m) from a consortium including local oil major Statoil’s corporate venturing unit.
Alongside Statoil Technology Invest in the round are venture capital firms Investinor and ProVenture Management. Statoil first invested in Verdande in 2006, while Baker Hughes, a New York-listed oil services company, took a minority equity stake in Verdande Energy, a subsidiary of Verdande Technology, in September last year.
Separately, Verdande has just gained a…
