{"id":6322,"date":"2020-08-31T14:36:02","date_gmt":"2020-08-31T12:36:02","guid":{"rendered":"https:\/\/norinnova.nettrakett.net\/pazzing-former-kahoot-top-bets-on-new-game-concept\/"},"modified":"2024-04-18T13:17:09","modified_gmt":"2024-04-18T11:17:09","slug":"pazzing-former-kahoot-top-bets-on-new-game-concept","status":"publish","type":"post","link":"https:\/\/norinnova.no\/en\/pazzing-former-kahoot-top-bets-on-new-game-concept\/","title":{"rendered":"Pazzing: Former Kahoot top bets on new game concept"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6322\" class=\"elementor elementor-6322 elementor-2411\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a50b485 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a50b485\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[{&quot;jet_parallax_layout_image&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;_id&quot;:&quot;5fabb9c&quot;,&quot;jet_parallax_layout_image_tablet&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_image_mobile&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_speed&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:50,&quot;sizes&quot;:[]},&quot;jet_parallax_layout_type&quot;:&quot;scroll&quot;,&quot;jet_parallax_layout_direction&quot;:&quot;1&quot;,&quot;jet_parallax_layout_fx_direction&quot;:null,&quot;jet_parallax_layout_z_index&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_x&quot;:50,&quot;jet_parallax_layout_bg_y&quot;:50,&quot;jet_parallax_layout_bg_size&quot;:&quot;auto&quot;,&quot;jet_parallax_layout_animation_prop&quot;:&quot;transform&quot;,&quot;jet_parallax_layout_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;jet_parallax_layout_bg_x_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_x_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_y_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_y_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_size_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_size_mobile&quot;:&quot;&quot;}]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4f592183\" data-id=\"4f592183\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-53e34689 elementor-widget elementor-widget-text-editor\" data-id=\"53e34689\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/norinnova.no\/wp-content\/uploads\/2020\/08\/PR-Pazzing-1024x585.jpg\" alt=\"\" width=\"1024\" height=\"585\"><\/p>\n<h2>The game founders behind the AR platform Pazzing hit the mark during the investor hunt<\/h2>\n<div>\n<a rel=\"author\" itemprop=\"url name\" href=\"mailto:redaksjonen@shifter.no\" style=\"color: rgb(0, 120, 160); line-height: inherit; font-family: Roboto, sans-serif; font-size: 15.3px; font-style: italic; background-color: rgb(255, 255, 255);\"><span style=\"color: rgb(0, 120, 160); line-height: inherit; font-family: Roboto, sans-serif; font-size: 15.3px; font-style: italic; background-color: rgb(255, 255, 255);\">The editorial team<\/span><font color=\"#0078a0\" face=\"Roboto, sans-serif\" style=\"color: rgb(0, 120, 160); line-height: inherit; font-family: Roboto, sans-serif; font-size: 15.3px; font-style: italic; background-color: rgb(255, 255, 255);\">\n  <span style=\"line-height: inherit; font-size: 15.3px; background-color: rgb(255, 255, 255);\">\n    <i>\n      &nbsp;\n    <\/i>\n  <\/span>\n<\/font><span style=\"color: rgb(0, 120, 160); line-height: inherit; font-family: Roboto, sans-serif; font-size: 15.3px; font-style: italic; background-color: rgb(255, 255, 255);\">shifter.no<\/span><\/a><font color=\"#000000\"><span style=\"font-size: 15.3px;\"><br><\/span><\/font><span style=\"color: gray; font-family: Roboto, sans-serif; font-size: 0.78em; font-style: italic; letter-spacing: 0.05em; text-transform: uppercase;\">REDAKSJONEN@SHIFTER.NO<\/span><p><\/p>\n<p style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">The gaming company&nbsp; Pazzing<strong>&nbsp; has gained<\/strong>&nbsp;<strong>Martin Kv\u00e6rnstuen<\/strong>, former CFO of&nbsp;<strong>Kahoot<\/strong>, as an owner in a financing round totaling&nbsp;<strong>three million kroner<\/strong>.<\/p>\n<p style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">Pazzing is developing a gaming platform that combines social experiences and gaming tasks in augmented reality (AR) linked to geographical locations. Previously, the entrepreneurs have received public grants from, among others&nbsp;<strong>Research Council&nbsp;<\/strong>to develop a prototype of the gaming platform.<\/p>\n<p style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">&#8211; We are very pleased to have created a successful prototype of Pazzing, which has been well received by betting players, resulting in very competent and engaging investors joining our further development,&#8221; says co-founder and CEO&nbsp;<strong>Martin Mathisen<\/strong>.<\/p>\n<div style=\"position: relative; padding: 0px 0.7rem 0.7rem; margin-bottom: 0px; float: right; clear: right; width: auto; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">\n<div style=\"margin: 20px auto 0px; width: 331px; height: 200px;\"><iframe data-parent-top=\"true\" data-adn-console=\"warnings\" scrolling=\"no\" frameborder=\"0\" width=\"331\" height=\"200\" style=\"display: block; padding: 0px;\"><\/iframe><\/div>\n<\/div>\n<p style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">&#8211; The next step is to recruit new talented employees to the team who share our vision of creating social and engaging gaming experiences,&#8221; he says.<\/p>\n<h2 class=\"MsoNormal\" style=\"font-weight: 200; padding: 0.7rem 380.797px 0.2em 0.7rem; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; line-height: 1.2em; font-size: 1.9em; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif;\">Gets Kahoot millions<\/h2>\n<p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">In the app, mobile players work together to solve a series of puzzles presented in AR, much like a &#8220;digital rebus race&#8221;. Players can also create their own tasks and then share their gaming experiences with friends, family and other Pazzing players.<\/p><p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\"><strong>Martin Kv\u00e6rnstuen<\/strong>&nbsp;left his job as Head of Finance at Kahoot this summer after six years.<\/p><p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\"><strong>At the same time, he sold<a href=\"https:\/\/shifter.no\/nyheter\/han-selger-kahoot-aksjer-for-over-260-millioner-kroner-skal-gjore-som-jeg-alltid-har-gjort-finne-og-utvikle-nye-selskaper\/185344\" style=\"color: rgb(0, 120, 160); line-height: inherit;\">&nbsp;shares for more than SEK 260 million, which he would use to find and create new companies<\/a>.<\/strong><\/p><div class=\"column adnuntius-ad floatRight widthAuto display-label\" style=\"position: relative; padding: 0px 0.7rem 0.7rem; margin-bottom: 0px; float: right; clear: right; width: auto; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\"><div id=\"adn-0000000000076db5\" class=\"adnuntius-ad-content\" style=\"margin: 20px auto 0px; width: 331px; height: 270px;\"><iframe id=\"adn-widget-0.71591699869258\" name=\"adn-widget-0.71591699869258\" data-parent-top=\"true\" data-adn-console=\"warnings\" scrolling=\"no\" frameborder=\"0\" width=\"331\" height=\"270\" style=\"display: block; padding: 0px;\"><\/iframe><\/div><\/div><p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">He is now investing one million kroner of his winnings in Pazzing.<\/p><p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">&#8211; They have created a well-thought-out game concept that contains many of the elements that I believe are necessary for success. It will be interesting to assist the company both financially and hopefully with some good advice in the years to come,&#8221; says Kv\u00e6rnstuen.<\/p><p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">He is joined by&nbsp;<strong>Norinnova<\/strong>&nbsp;and a small collective of Norwegian angel investors in the round.<\/p><p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">In addition to private investor capital, Pazzing receives NOK 125,000 from Nordnorsk Filmsenter and NOK 400,000 from Innovation Norway to further develop the AR platform.<\/p><h2 class=\"MsoNormal\" style=\"font-weight: 200; padding: 0.7rem 380.797px 0.2em 0.7rem; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; line-height: 1.2em; font-size: 1.9em; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif;\">Inspired by Norwegian successes<\/h2><p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">The game founders, based in Troms\u00f8, Norway, believe that the development of the game in Norway in no way hinders the global ambitions of the game project.<\/p><p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">&#8211; Norwegian successes such as Kahoot,&nbsp;<strong>Wordfeud&nbsp;<\/strong>and the game studio&nbsp;<strong>Dirtybit&nbsp;<\/strong>who have made&nbsp;<strong>The FunRun games<\/strong> have been a great inspiration for us. Our goal is of course to follow these examples in the long term by taking our own game project out into the world,&#8221; says Mathisen.<\/p><p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">Furthermore, the founders emphasize that there is still a long road to international success, but are pleased that the team is constantly reaching new milestones.<\/p><p class=\"MsoNormal\" style=\"margin: 0.1em 0px; padding: 0.4em 380.797px 0.4em 0.7rem; overflow-wrap: break-word; color: rgb(51, 51, 51); font-family: Merriweather, sans-serif; font-size: 17px;\">&#8211; We are humbled and proud to have knowledgeable investors in place, and our next focus will be to find more talented and enterprising employees who will both thrive in our team and who are passionate about taking part in the development of the exciting game project,&#8221; Mathisen concludes.<\/p>\n<\/div>\n<h3><span style=\"font-size: 1.75rem;\">&nbsp;<\/span><\/h3>\n<h3><br><\/h3>\n<ul>\n<li>\n<ul>\n<\/ul>\n<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The game founders behind the AR platform Pazzing hit the mark during the investor hunt The editorial team &nbsp; shifter.noREDAKSJONEN@SHIFTER.NO The gaming company&nbsp; Pazzing&nbsp; has gained&nbsp;Martin Kv\u00e6rnstuen, former CFO of&nbsp;Kahoot, as an owner in a financing round totaling&nbsp;three million kroner. Pazzing is developing a gaming platform that combines social experiences and gaming tasks in augmented [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":5758,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[64],"tags":[],"class_list":["post-6322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pazzing: Former Kahoot top bets on new game concept &#8211; Norinnova<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/norinnova.no\/en\/pazzing-former-kahoot-top-bets-on-new-game-concept\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"STUD-ENT: Apply for 1 million kroner to develop your business idea\" \/>\n<meta property=\"og:description\" content=\"Student or recent master&#039;s degree candidate? 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