Norway

Verdane from Norway closes €700M Idun II Fund to drive sustainable Tech and Decarbonization in Europe
Norwegian investment firm Verdane has finalized its Idun II fund at €700 million, more than doubling the size of its predecessor, Idun I, which closed at €300 million. Targeting investments in sustainable, tech-enabled companies, Idun II aims to accelerate Europe’s transition to a low-carbon economy, with a strong emphasis on sectors like energy transition and resource efficiency.
sensiBel, a Norwegian deep-tech company specializing in the development of next-generation MEMS (MicroElectroMechanical Systems) microphones, has announced a successful funding round of €7M led by Sennheiser. The round saw participation from existing investors, including TRUMPF Venture, Skagerak Capital, Investinor, SINTEF Venture, MP Pensjon, and Halden Kommunale Pensjonskasse.