The smart sensor company Elliptic Labs has today been admitted to trading on Merkur Market (ticker code: ELABS-ME). Elliptic Labs creates software-only sensors that are sustainable, eco-friendly, and already deployed in over 100 million devices. Recently, the company raised NOK 125 million through a private placement. The placement attracted very strong interest from Norwegian and international investors, and was significantly oversubscribed, reported the company.
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