EAGL raised 5.85 million in equity in 38 minutes
EAGL Technologies is first of its kind to deliver a self-service golf cart rental system in a market valued at NOK 70 billion in annual turnover. This is the company's first public offering and 199 investors took part in the equity round to strengthen the capital and participate in the company's growth. The offering took only 38 minutes from the book opened, until it was full, and shares worth NOK 5.85 million where sold.
Growth ambitions and solid investors
- When I discovered the project at Folkeinvest, I realized that the company had something exciting for the future and had found a product market fit. I had to participate and I will also contribute with my own experience for the company to succeed.
Jason Eckhoff, Founder Restplass.no and BusinessClass.com
- I have traveled the world as a professional playing countless golf courses, and have seen with my own eyes how complicated it can be to rent a golf cart. The technology is a sustainable solution for all golf clubs that want to make the sport accessible for everyone. I chose to join as an active shareholder and will make sure to build and manage the right networks for the company.
Suzann “Tutta” Pettersen, Golf professional & former world nr. 2
- As an avid hobby golfer, The EAGL concept will enable and help me and others in the same situation to play golf in an otherwise hectic everyday life.
Emil Hegle Svendsen, 4 times Olympic gold medalist in biathlon
The equity enables EAGL to grow the company outside Scandinavian borders, as well as establishing a strong position in the local markets.
Kai Stiberg, CEO EAGL
