Kahoot to buy American edtech firm Clever for up to $500 million

Not often that a European tech company buys a US-based company for half a billion dollars, but here we are: Norway’s Kahoot this morning announced that it is acquiring California-based Clever, a K-12 EdTech learning platform. The combination of two of the world’s leading digital learning platforms will set Kahoot back up to $500 million, […]

Norway’s online grocer Kolonial bags €220 million, rebrands as Oda

As with just about every aspect of our former non-digital lives, the global pandemic has rapidly accelerated changes that were bound to come. And if it wasn’t already apparent, Oslo-based Kolonial’s raise of ~€220 million (2.2 billion NOK) is yet another indicator of the already red hot European online grocery delivery sector. The round was […]

Oslo-based employee engagement and learning platform Motimate acquired by Kahoot!

In and Oslo-to-Oslo transaction, learning platform Kahoot! has acquired cross-town employee engagement and learning app provider Motimate. Kahoot! has acquired 100% of the shares of Motimate at an enterprise value of $25 – $27 million on a cash and debt-free basis, including a 2021 performance-based element, reflecting an approximate 5x multiple on an ARR target […]

Norwegian video meeting startup Whereby raises $12 million in Series-A funding

Whereby, the video meeting platform that’s taking on Zoom, Microsoft, and Google, has raised $12 million in a Series-A round. The round was funded by Point Nine as well as more than 20 angel investors including founders of companies including Miro, Typeform, GoCardless, and this other little nordic startup Spotify . The capital is expected […]