DeepTech Alliance alumni raises 64 MNOK
Tunable, an alumni startup previously selected for our Industry 4.0 Accelerator, raises 64 million NOK. Tunable develops sensor technology that can capture different types of gas simultaneously – a technology that supports the maritime industry in becoming more environmentally friendly.
The investment round of 64 MNOK was led by the German industrial company Trumpf, which earlier this year, invested in another Norwegian sensor startup. GTT, a leading engineering company based in France, are also among the new owners.
Former participant in Industry 4.0 Accelerator
Tunable, participated in DeepTech Alliance’s Industry 4.0 Accelerator in 2021. A European alliance, which in Norway is represented by Kongsberg Innovation. Since then, the startup company have fueled its company into international business opportunities and now it secures international investors.
In 2021 Tunable’s CEO said:
The industry 4.0 program has given us valuable insights on how to fuel our company into international business opportunities. The introduction to business partners has opened business opportunities all over Europe for us
Kristian Hovet, CEO at Tunable
– Our technology supports the maritime sector’s efforts to become more environmentally friendly and provides productivity improvements, Hovet adds.
Further development
With funding in place, Tunable will further develop their sensor technology and focus on increased sales effort.