Tidewave R&D starts 2022 with DSD as the new co-owner, as the health technology company has raised fresh capital to accelerate the sale of its future-oriented reversible mattresses for the health sector. On the owner side comes the investment company DSD, which is now making its first investment in the health area.
The family-owned, Stavanger-based investment company DSD announces that it has become a co-owner of KVS Technologies, which is raising capital to execute its ambitious growth plans.
The general meeting of DSD has elected Lena Nymo Helli and Anita Krohn Traaseth as new board members in the company.
DSD joins the ownership side of the crisis management company Rayvn. Rayvn has developed a digital tool that is used in emergency management, and DSD itself has very good experience with the tool from one of its' former subsidiaries.
Energy storage technology, such as batteries is one of the crucial solutions required to support the shift to a low-carbon economy. When the Norwegian based battery technology company Beyonder recently raised NOK 125 million from investors in support of its ambitious growth plans, DSD entered as a co-owner.
Validé has created a new pre-seed fund with strong regional backers including Lyse, TDVeen, DSD and the City of Stavanger.
“We are participating in the fund to strengthen the county of Rogaland’s ecosystem for entrepreneurs and investors”, says the group of investors.
The new fund is called Validé Invest II.
DSD AS, formerly Det Stavangerske Dampskibsselskab, has built up a strong, trusted brand name over the course of 165 years. Now the group is changing its look – to a new, more future-oriented visual identity that reflects the company’s new strategy.