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Argo, Northstream form venture company

STOCKHOLM, Sweden-A new wireless ventures company will help Scandinavian entrepreneurs build “world-beating wireless companies,” according to a release from Argo Global Capital and Northstream.

The two companies teamed up to create Argnor Wireless Ventures, which will provide development capital and support for up-and-coming wireless companies in Scandinavia.

“We will strengthen these companies’ strategies, introduce them to valuable networks, help find any expertise they lack and pave the way for them to establish relations with the important actors in our industry,” said Anders Bjorkman, president of Argnor.

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