Sarsia Seed AS located in Bergen, Norway signed up as a new investor in Xsens AS.
January 2018 a 10 million NOK capital increase was obtained from Sarsia Seed and existing investors Proventure and Investinor. “We are very pleased with the development of Xsens and that both existing and new investors are continuing to feed capital into the company as it delivers its set milestones”, says Christopher Giertsen, Chairman of Xsens AS. CEO, Magne Husebø, is also satisfied with the latest developments. 2017 became a very good year for the company where we had focus on the industrialization of the Measurement Technology as well as certification work of the same. During 2018 we will deliver several pilot installations and start harvesting from sales and services. This last capital investment is important in order for Xsens AS to hire more resources into Sales and Services.