About Nornir
Nornir is a company based in Oslo (Norway) founded in 2006 by Paal Kristian Levang.. Nornir offers products and services including HIVE Collective, AI Services, and Eko Control. Nornir operates in a competitive market with competitors including Arduino, Alif Semiconductor, Raspberry Pi, Deepwave Digital and OpenBCI, among others.
- Headquarter Oslo, Norway
- Founders Paal Kristian Levang
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Products & Services of Nornir
Nornir offers a comprehensive portfolio of products and services, including HIVE Collective, AI Services, and Eko Control. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unified dashboard for IoT integrations and efficient data sharing.
Streamlines operations and enhances security in smart city environments.
Optimizes building energy use with remote sensor control.
Funding Insights of Nornir
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Feb 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2021 | Amount | Debt – Conventional - Nornir | Valuation |
investors |
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| Jun, 2019 | Amount | Grant - Nornir | Valuation |
investors |
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| Feb, 2019 | Amount | Grant - Nornir | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nornir
Nornir has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Global Emerging Markets and EIC Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nornir
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nornir
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nornir Comparisons
Competitors of Nornir
Nornir operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Arduino, Alif Semiconductor, Raspberry Pi, Deepwave Digital and OpenBCI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of an open-source electronics prototyping platform
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| domain | founded_year | HQ Location |
Processors and microcontrollers for AI-enabled embedded computing are supplied.
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| domain | founded_year | HQ Location |
Provider of computing products designing, documentation, support and manufacturing of Microcontrollers
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| domain | founded_year | HQ Location |
AI-based embedded digital signal processor boards are provided.
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| domain | founded_year | HQ Location |
Open-source brain-computer interfaces are provided for biosensing and neurofeedback.
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| domain | founded_year | HQ Location |
IoT-enabled development boards are developed for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Nornir
When was Nornir founded?
Nornir was founded in 2006 and raised its 1st funding round 13 years after it was founded.
Where is Nornir located?
Nornir is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
What does Nornir do?
Nornir was founded in 2006 in Oslo, Norway, and operates within the IoT sector. Development kits are offered for prototyping low-powered wireless solutions connected to the Real-Time Web. These kits feature an ESP module with Wi-Fi support, along with embedded temperature and hall sensors plus buttons. Developers are enabled to integrate devices into web-based network topologies for direct communication.
Who are the top competitors of Nornir?
Nornir's top competitors include Arduino, Alif Semiconductor and Raspberry Pi.
What products or services does Nornir offer?
Nornir offers HIVE Collective, AI Services, and Eko Control.
Who are Nornir's investors?
Nornir has 3 investors. Key investors include European Union, Global Emerging Markets, and EIC Fund.
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