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Startup loan from Innovation Norway

10/8/2020

Altered Power has been granted a startup loan from Innovation Norway!

Altered Power has been granted a startup loan of MNOK 2.4 from Innovation Norway. With this, we have reached our funding goals for now and we are fully financed for producing the HYRE products. The fundings in this phase total MNOK 4.8 through emission, commercialization grant and startup loan and enables us to take the leap from startup to manufacturing company.