"Deep Tech" company Nornir is raising $2M in Seed Round

Top Quote Nornir AS is a deep tech company in Oslo that is on the verge of commercializing its new product Synx. To finish the last step of the process it is launching a funding round that will assist finishing development and launching the final product. End Quote
  • (1888PressRelease) January 29, 2019 - Nornir AS, the developer of the innovative Real Time Web (RTW) technology, is carrying out an open share issue with subscription period from January 25 to February 27, 2019, to finance the launch of their main product, Synx AIOS.

    Nornir has in recent months changed its strategy from delivering custom smart-city solutions to cultivating its core technology as a tool for developers. We have named the new product Synx AIOS and it is a product that will simplify the data distribution on the web. Synx AIOS is planned to be launched 2 months after the issue is closed.

    “It’s always a challenge to get funding for deep tech related products and services. But we have had a good period of testing and demonstrations so we believe that our technology is a “game changer” with great upside for the right investor, says founder and CEO Paal Kristian Levang.

    The Synx product is a suite of developer tools for creating RTW services. RTW is an active nervous system for the physical Internet. Here you can access data from the physical world (IoT / AI) from the source (no server or database) and you can connect with artificial intelligent web resources based on web links. The network is akin to a nervous system for AI, which keeps ownership and data branch intact and an intelligent method to manage that. We design the network to be heterogeneous and is backward compatible with the World Wide Web (WWW). As a developer, you become part of the network by setting up your own domain name. Nornir’s vision is that the WWW, which links information, can be supplemented with linking live data from intelligent resources around the world. With full GDPR support, all people in the world can access each other’s data whenever and wherever with easy integration that does not require programming.

    For further information and to receive a prospectus, please contact:

    Pål Kristian Levang
    Nornir AS
    paal ( @ ) nornir dot no | mobile: +47 48 20 12 65

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