ININ Group: Funding, Investors & Team (Sep 2026)
ELOP AS is a Norwegian start-up company specializing in the development of ultrasonic equipment for non-destructive inspection and testing (NDI/NDT) of concrete structures. The international team of highly qualified employees has been designing a new multi element handheld ultrasonic 3D scanner. ELOP’s strategy is to develop technology then sell instrumentation and licenses based on a novel combination of polymer-based ultrasonic transducer arrays and rollers for None Destructive Inspection of solid materials (patent is pending). ELOP collaborates with partners such as Prevas AS, Aurotech Ultrasound AS, COWI, RAMBOL in order to fulfill this project. The company has received significant grants from Innovation Norway, the Regional Research Fund Inland and EU program Horizon 2020 in addition to its own investments.
ININ Group has raised $5.7M across 1 funding round on record, the most recent an undisclosed round of $5.7M announced in Jun 2024.
That round is above the $5.2M median round size for Data and Analytics companies tracked on FundedIQ over the last two years.
ININ Group Company Profile and Key Stats
Latest funding round on record: Jun 2024.
ININ Group Funding Rounds
ININ Group Founders and Leadership Team
No contact details are on record for this team yet.
ININ Group Funding Compared to Other Data and Analytics Startups
ININ Group's latest round of $5.7M is above the median round in Data and Analytics. Medians cover the last 24 months of disclosed rounds.
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ININ Group Funding FAQs
What does ININ Group do?
ELOP AS is a Norwegian start-up company specializing in the development of ultrasonic equipment for non-destructive inspection and testing (NDI/NDT) of concrete structures. The international team of highly qualified employees has been designing a new multi element handheld ultrasonic 3D scanner. ELOP’s strategy is to develop technology then sell instrumentation and licenses based on a novel combination of polymer-based ultrasonic transducer arrays and rollers for None Destructive Inspection of solid materials (patent is pending). ELOP collaborates with partners such as Prevas AS, Aurotech Ultrasound AS, COWI, RAMBOL in order to fulfill this project. The company has received significant grants from Innovation Norway, the Regional Research Fund Inland and EU program Horizon 2020 in addition to its own investments.
How much funding has ININ Group raised?
ININ Group has raised $5.7M across 1 round on record. The most recent is an undisclosed round of $5.7M announced in Jun 2024.
When did ININ Group last raise funding?
ININ Group's most recent funding round on record is an undisclosed round of $5.7M, announced in Jun 2024.
Who founded ININ Group?
FundedIQ lists Terje Melandso (Founder) at ININ Group.
Where is ININ Group headquartered?
ININ Group is based in Hamar, Hedmark, Norway.
How many employees does ININ Group have?
ININ Group is in the 1-10 employee band.
How does ININ Group's funding compare to other Data and Analytics startups?
ININ Group's latest round of $5.7M is above the $5.2M median round size for Data and Analytics companies on FundedIQ across 1,842 tracked companies over the last two years.
About FundedIQ's ININ Group Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for ININ Group is left off this page rather than filled in.
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