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Kongsberg Digital Secures $90 Million Investment from Shell Ventures as well as Id ékapital

marinesalvage by marinesalvage
August 25, 2023
in Technology
0
Kongsberg Digital Secures $90 Million Investment from Shell Ventures and Idékapital
Shane McArdle, CEO of Kongsberg Digital ©Kongsberg Digital

Shane McArdle, Chief Executive Officer of Kongsberg Digital ©Kongsberg Digital

Shell Ventures as well as Id ékapital have actually spent $90 million in Kongsberg Digital, an organization location within Norway’s KONGSBERG.

The financing as well as brand-new financiers will certainly sustain as well as increase the future development as well as growth ofKongsberg Digital The financial investment worths Kongsberg Digital at $540 million post-money, Kongsberg Digital claimed.

Shell Ventures is the company financial backing arm of Shell that buys ingenious innovation firms, service versions as well as development plays to advance the growth of services as well as brand-new innovations that have the prospective to increase the power as well as wheelchair change.

Id ékapital is an endeavor as well as development resources company based in Oslo, Norway, that buys swiftly expanding B2B software program innovation firms with a tried and tested as well as scalable service version wanting to expand as well as increase globally.

“As an industrial software company, Kongsberg Digital is transforming how businesses design, operate, and maintain their assets by shaping how people work for a better tomorrow. Since its establishment in 2016, Kongsberg Digital has experienced substantial growth and established itself as the frontrunner in the digitalization of heavy asset industries with a strong focus on the energy, maritime and renewable sectors,” Kongsberg Digital claimed.

Related:

“Through the Industrial Work Surface, Kongsberg Digital offers its users an end-to-end experience with their industrial data, a place to plan, execute and close out their work all within one unified worksurface. Today, Kongsberg Digital serves some of the world’s largest energy and maritime companies by creating crucial value for its industrial data from well to wake. Businesses trust Kongsberg Digital for its pioneering technology in carbon capture and storage, new energy ventures towards Net-Zero, voyage optimisation, emissions reduction, and balancing grids and complex power systems,” the firm claimed.

Kongsberg Digital claimed the financial investment from Shell Ventures as well as Id ékapital emphasized a solid acknowledgment of what has actually been attained to day as well as is a significant turning point for the company.

The brand-new proprietor framework will certainly sustain Kongsberg Digital’s objective to allow smarter, much safer, as well as greener procedures throughout markets as well as at an also higher range, Kongsberg Digital included.

Related:

Shane McArdl e, CHIEF EXECUTIVE OFFICER of Kongsberg Digital: “As an industrial software company, Kongsberg Digital understands the value of digitalising carbon-intensive industries by deploying new ways of working. This investment from Shell Ventures and Idékapital is a fantastic testimony to Kongsberg Digital’s unwavering commitment to making heavy-asset industries operate smarter, safer, and greener. This financial support strengthens our ambitions for further growth, positioning us to become a significant global player with our technology and digital solutions for heavy-asset industries. I am very much looking forward to working alongside our new investors as we continue to scale globally and drive positive change in these industries. Our efforts to shape the future of work have been recognised and reinforced by this partnership,” claims

“Over the past year, Kongsberg Digital has signed several important contracts, confirming the position as the frontrunner in the industry. Recently two major enterprise agreements have been signed with Shell and Chevron to provide digital twins of their global assets portfolio. Today, Kongsberg Digital has gone live with assets across the globe and have more than 40,000 users of our digital solutions. 

Last year, in June 2022, Kongsberg Digital and MSC, the world’s largest and most extensive container line, signed a contract for digitalizing MSC’s entire fleet of ~500 vessels. These are just some examples of contracts that confirm Kongsberg Digital’s position as the digital frontrunner,” claims Geir Håøy, CHIEF EXECUTIVE OFFICER of KONGSBERG.

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