Aker ASA: Cognite Announces USD 150 Million Investment by TCV
Aker ASA (“Aker”) today announced that Cognite has raised USD 150 million in a Series B investment by TCV, a leading technology-focused growth equity firm. The new funding round will allow Cognite to accelerate growth initiatives, including product development and international expansion. The investment round values Cognite at USD 1.6 billion, marking one of the largest private founding rounds for a Software-as-a-Service (SaaS) company in Europe.The Series B investment round comes as Cognite continues to experience significant customer growth and is scaling globally. Cognite’s flagship