Dec 6, 2022

Speiz team is glad to announce another investment from the leading Norwegian investor TRK Group AS. TRK Group AS was founded by Trond Riiber Knudsen in 2015, leaving McKinsey after 23 years as a Director/Senior Partner. Within the last 5 years, TRK group has invested in more than 60 early-stage ventures with global ambitions and a focus on disruptive technologies, digital services and marketplaces. To name a few, SpaceMaker or Kolonial . Also, the company is actively leveraging growth opportunities in African emerging markets. While being an active investor, Trond Riiber Knudsen is a board member of Opera Software, Laerdal Medical and The North Alliance. Also, he shares his expertise being a member of the Advisory Board of SpareBank 1 Markets and Laerdal Million Lives Fund. Moreover, Trond spends significant time in Addis Ababa, Ethiopia where he co-founded the only paper and packaging recycling business employing 7.600 people. Trond has been a Dedicated Advisor to the Speiz team from the very early days of building the company at the Antler program. Trond’s expertise helped Speiz to build a foundation for the company’s grand vision to disrupt the B2B warehouse and storage market to make it more efficient and environmentally sustainable. "I was working with the Speiz team from the very beginning as an advisor and saw them delivering exceptional results in a matter of weeks. Very impressive team! The warehouse and storage market has to improve and accept circular economy principles to become more efficient and sustainable. Speiz is going to be big!" — says Trond Riiber Knudsen Trond Riiber Knudsen and Speiz team Trond Riiber Knudsen ’s investment is the latest in a series of investments Speiz has attracted recently, including Antler VC fund and Innovation Norway grant. The investment will be used for further Speiz business and product development making the market more efficient and environmentally friendly. We are very excited about Trond joining our team as an investor. Warehouse and storage industry is fragmented and lacks transparency. Trond’s expertise, know-how and investment will lift our team to the next level and enable Speiz to provide groundbreaking solutions to B2B warehouse and storage market. We have grand plans at Speiz but to achieve all of our goals we need to build a superstars team. Trond is definitely one of them! — says Paulius Kvedaras, CEO & Co-founder at Speiz . Speiz gathers data from multiple warehouse and storage market sources, including directly from warehouse suppliers, structures it and makes it useful as well as accessible. The company’s warehouse and storage solutions enable Suppliers to generate more revenue and Demand clients to find exactly what they been looking for and, often, save money. Our products will turn this industry upside down in the coming years. For us, it makes no sense that millions of square meters are left unused each year while at the same time demand is growing and real estate development account for 40% of the world`s total emissions. For some reason, the idea of a circular economy has not yet reached the world of commercial real estate and we are going to do something about that. — Says Sondre Magnussen, COO & Co-founder at Speiz. Founding team Paulius Kvedaras, CEO & Co-founder of Speiz , has significant experience as a previous fintech platform startup founder and CEO as well as >10 years experience in FMCG business. The pain of underutilised warehouse space being a pure sunk cost, he felt himself. Sondre Magnussen, COO & Co-founder of Speiz , is a lawyer by education that has >10 years experience in the real estate development business. The pain of finding tenants and renting out warehouses, he felt himself. Speiz consists of a well-balanced founders, advisors, board members and investors team . This combination of expertise and know-how has enabled the company to get traction of investments, suppliers and demand clients as well as generate revenue within the first months of operation.