STOCKHOLM, Sweden—Argnor Wireless Ventures secured US$50 million for investments in Nordic wireless technology and products. Investors include Skandia, American Bessemer Venture Partners, Artic Ventures and TIF Ventures.
Argnor is looking for wireless investments primarily in Sweden and Finland, but also in Denmark, Norway and Iceland, the company said.
“Argnor views the Nordic market as one of the most interesting regions,” the company said. “There is both broad technical competence, as well as world-leading expertise within this area in the region.”
