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Otovo plans capital raise and AI platform — shares jump 21.9%
After the Q3 2025 earnings call, Otovo announced a planned capital raise of 45–80 million NOK (4.5–8 million USD) and the launch of an AI-powered energy service platform for households. The company aims for positive operating cash flow by Q2 2026 and targets 65,000 service subscribers in 2025, with a goal to grow that number to 250,000 by 2028. Following the announcements, the share rose 21.91% to $0.83 as investors reacted positively to the strategic growth plans and the merger with Onvi. » Más en de.investing.com
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