Telenor Amp Invests in Oslo-based Startup Shapemaker
Summary
This strategic partnership drives innovation and may propel the industry into a new era of efficiency and sustainability.Shapemaker is on a mission to revolutionise telecommunications infrastructures civil design and analysis. By automating the design process, Shapemaker dramatically reduces the time required for structural calculations from weeks to minutes. This innovation aligns perfectly with the industry trend of separating passive infrastructure.Telenor Amp was launched during last years Capital Markets Day as part of Telenors new strategy. These funds will also enable Shapemaker to execute its ambitious commercial plan and position the company for continued growth.Shapemakers ability to convert paid pilot projects into permanent commercial agreements, including partnerships with companies like Telia Towers, showcases the market demand for their solution.The partnership between Telenor and Shapemaker marks an exciting chapter for all involved. Together, they aim to shape the future of telecommunications infrastructure design and analysis, driving efficiency and sustainable growth in the industry.Ingrid Sofie \xd8vrum Sem, who was responsible for the investment from Shapemakers side, Our initial plan was to start fundraising this fall, but when the dialogue accelerated with Telenor, the choice was easy.