Otovo Completes Capital Raise for Final Phase of its Transformation into an AI-Enabled Energy Services Platform

Otovo ASA (Euronext Oslo Børs: OTOVO; "Otovo"), an AI-enabled platform for behind-the-meter energy services for homes and businesses, today announced it has completed a private placement financing of $3 million in gross proceeds, bringing the total capital raised by Otovo to approximately $40 milli…