Record-high Net Asset Value of NOK 70.8 billion
Aker ASA published its financial results for the third quarter of 2021 on Friday 5 November, 2021. Click to read more: Record-high Net Asset Value of NOK 70.8 billion
Join the Aker Asset Management team
Aker has appointed Yngve Slyngstad as CEO and senior partner of Aker Asset Management. Slyngstad will be responsible for building and developing active asset management to become a new business area in Aker, on par with the company's industrial holdings.
In the coming months we will be recruiting for the new team at Aker Asset Management. Feel free to reach out by sending your CV/LinkedIn profile to mina.teigland@akerasa.com, or call +47 913 94 747, and leave your contact information.
Cognite valued at USD 1.6 billion following investment by venture capital firm TCV
Seven months after its first external financing round, a second investment round raises Cognite valuation to USD 1.6 billion. TCV, a leading growth equity firm with a decades of experience in scaling technology companies, is investing USD 150 million and becomes the third largest shareholder in Cognite. The Series B investment marks one of the largest funding rounds for a SaaS company in Europe and positions Cognite for continued global growth. Click here to read the full stock exchange release.
Renewable energy and green technologies
Aker Horizons is a holding company with a portfolio of companies in the renewable energy and green technologies space, and with focus on long-term value creation. Through Aker Horizons, Aker is taking an active role to develop and operate in broader and rapidly growing renewable energy and green technology segments.
Aker ASA joins First Movers Coalition as Founding Member
During the first week of COP26 in Glasgow in 2021, US President Joe Biden announced First Movers Coalition. A new initiative set to fast-track the development of emerging green technologies. The First Movers Coalition (FMC) is an initiative by the World Economic Forum and US special envoy for the environment John Kerry to drive demand for decarbonizing technologies, by encouraging some of the world’s leading companies commit their spending power toward low carbon products. Aker, together with some of the world’s biggest companies, are joining the FMC as a founding member.
RunwayFBU: A venture capital fund and techhub
Aker has established a new home for tech, data and entrepreneurship. The new early-stage venture capital fund and tech hub, RunwayFBU, is a USD 35 million VC fund, which will invest in early to mid-stage start-ups software-driven technology companies built by ambitious entrepreneurs.
Aker is building a venture lab for industrial technology in Bergen
Prototech changes name to Clara Venture Labs, and represent Aker’s positioning within industrial technology and materials. The company will build on its existing positioning within research and development of technologies for space and ocean space, especially regenerative fuel cells for green shipping and energy storage in space. Aker contributes
with resources, industrial competence and active ownership in the commercial development. Earlier this year Aker also acquired the business of advanced materials company Abalonyx, which is re-branded to LayerOne and becomes part of Clara.
Learn more about Clara Venture Labs here: https://claraventurelabs.com/
An ocean technology centre
Together with Aker, The World Economic Forum has established C4IR Ocean - a center for the fourth industrial revolution. The goal is to use technology and digital innovation for sustainable and profitable ocean economy. The technology centre's flagship is the Ocean Data Platform, built on Cognite Data Fusion.