OF

Otto Froseth

Mentor at Trondheim Opportunity

Trondheim, Trøndelag

Overview

Work Experience

  • Investment Director

    2018 - Current

    Venture capital investor with more than 20 years of executive management experience from one of top ten international technology companies. Creating successful business with strong cultures, within several industrial sectors with focus on ICT/Digitalisation. Specialties: Venture capital, Business and strategy development, Change management and turnarounds, M&A.

  • Head of Venture Capital

    2013

    Investinor is an evergreen private equity investment company with 0,7 bUSD under management. Investinor is funded by the Norwegian Goverment and invest in promising companies aiming for international growth and expansion. Investinor is an active owner of more than 30 companies, whose from their base in Norway has global business and operations.

  • Mentor

    2023

    Trondheim Opportunity skal styrke mulighetene for innvandrere med høy utdanning til å få jobb og gjøre karriere. Målet er at programmet skal skape flere rollemodeller med innvandrerbakgrunn. Deltakerne har høyere utdanning på bachelor-/masternivå eller fagbrev, behersker norsk muntlig godt, og har ambisjoner om å ta sentrale posisjoner i arbeidsliv og samfunn. Gjennom dette skal vi sikre tilgang til rett kompetanse i fremtiden for arbeidslivet i regionen. Vi skal også tilføre næringslivet og det offentlige kompetanse på å bruke kulturelt mangfold til å skape positiv vekst. Trondheim Opportunity er et ettårig mentorprogram for 20 mentorer og 20 menteer. Menteene er innvandrere med høy utdanning som ønsker kobb i tråd med kvalifikasjoner og ambisjoner. Mentorene er ledere med nettverk og bransjekunnskap. Målet med programmet er å styrke mulighetene for menteene til å få relevant jobb, samt sikre tilgang til rett kompetanse for næringslivet og det offentlige, og bruke kulturelt mangfold til å skape lønnsom vekst.

  • Non Executive Director

    2020

    World leading underwater sensor technology Our proprietary Wireless Sense™ technology enables you to tackle some of the biggest challenges in underwater positioning and aquaculture.

  • Non Executive Director

    2019

    Novelda AS is a privately held, R&D driven, sensor company based in Norway and specializing in nanoscale wireless low-power technology for ultra-high resolution impulse radarXeThru Sensor Technology: Novelda’s XeThru Impulse Radar is a complete CMOS radar system integrated on a single chip. This technology is used to implement a high-precision electromagnetic sensor for human vital sign monitoring, personal security, environmental monitoring, industrial/home automation and other novel sensor applications. XeThru can improve the quality of life, and personal comfort and safety, by enabling non-intrusive sensors that collect relevant data while preserving full privacy. The technology combines all traditional sensor functions into one: it detects presence, distance, proximity, gestures and can also see through different materials. It can see through the wall into the next room, it can see into the ground, and it can also be hidden for aesthetic or tamperproof reasons. Novelda provides both development kits and OEM modules to system developers worldwide.

  • Deputy Board member

    2016

    Novelda AS is a privately held, R&D driven, sensor company based in Norway and specializing in nanoscale wireless low-power technology for ultra-high resolution impulse radarXeThru Sensor Technology: Novelda’s XeThru Impulse Radar is a complete CMOS radar system integrated on a single chip. This technology is used to implement a high-precision electromagnetic sensor for human vital sign monitoring, personal security, environmental monitoring, industrial/home automation and other novel sensor applications. XeThru can improve the quality of life, and personal comfort and safety, by enabling non-intrusive sensors that collect relevant data while preserving full privacy. The technology combines all traditional sensor functions into one: it detects presence, distance, proximity, gestures and can also see through different materials. It can see through the wall into the next room, it can see into the ground, and it can also be hidden for aesthetic or tamperproof reasons. Novelda provides both development kits and OEM modules to system developers worldwide

  • Non Executive Director

    2019

    Our Mission - to Secure the World's Connected Devices The world is quickly becoming more connected. Digital services and products will soon affect most aspects of people’s lives including our health, finances, education and entertainment - they are becoming as vital to society as traditional infrastructure services like electricity and water. This means the security of these services becomes more and more important. At a higher level, our purpose is to enable the evolution of our connected world to progress in a safe and reliable way. We all want to live in reliable societies in which technology and connectivity are improving our lives, not putting us at risk. So at Northern.tech, we want to develop products that make our connected world safe to live in.

  • Member Board Of Directors

    2017

    Intelligent Interventions, automatically Stimline’s vision is to transform well intervention operations with innovative products and technology. By creating an integrated environment with closed-loop communication, we believe it is possible to increase efficiency and reliability and offer truly automated wireline and coiled-tubing operations.

  • Non Executive Director

    2018

    Tellu IoT AS was founded over a decade ago as a spin-off from Ericsson Research in Norway. Since then we have been building the TelluCloud platform focussed on the Internet of Things. Our mission is to facilitate the creation and operation of innovative and Trustworthy IOT Services in mission critical solutions and enable innovative efficient real-time operation of our customers’ end-user applications. We want to make a difference for individuals, the society and organisations by using IoT technology in the provision of sustainable, safe healthcare, quality of life, logistics and personal safety services. Our vision is to become the de facto standard IoT platform of choice within selected markets internationally

  • Head of nomination committee

    2016

    SpinChip Diagnostics is a medical device company who is developing a game changing and proprietary platform for in vitro diagnostics point of care analyses. The platform will make it possible to perform a broader range of analyses using one platform and to transfer analyses from central laboratories to point of care without loss in quality. All analyses are performed within a few minutes based on a fraction of a droplet of blood and at a unit cost significantly lower than other point of care platforms.

  • Business Mentor, 100Scaleups programme

    2019 - 2023

    In the 100ScaleUPs programme, we assist your company with developing and executing a new international scaling strategy. BI is one of the leading business schools in Europe and together with Beijing Tsinghua R&D Institute and the Martin Trust Center for MIT Entrepreneurship, we have joined forces to connect your company to the leading international environments in innovation and entrepreneurship. Our partners Investinor, Argentum, Verdane, GCE Ocean Technology and VIS provides access to renown investors, mentors and industrial clusters.

  • Head of nomination committee

    2019 - 2023

    Numascale’s cache coherent node controllers enable system vendors to build Scale-Up servers with 8 processors and beyond (16S, 32S, 64S)etc. Numascale has developed node controllers both for the AMD Opteron with HyperTransport (HT1, HT2, HT3) interconnect and for Intel Xeon with Ultra-Path Interconnect UPI 1.0 technology which is in production for the current Xeon scalable processors. Numascale is currently designing next-generation node controller for Intel’s 2021 server platform

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