Fell Tech - #135 amongst the fastest growing Tech Companies in Europe

After already being ranked Norway’s 13th fastest growing Technology Company by Deloitte in 2023, Fell Tech has been recognized as one of the fastest growing European Tech Companies in Deloitte’s Fast 500 ranking of the entire Europe and Middle East (“EMEA”) region.
August 9, 2024 by
Fell Tech - #135 amongst the fastest growing Tech Companies in Europe
Magnus Schilling

This acknowledgement proves that we are on the right path, as we’re riding a strong wave of progress going into the second half of 2024!

The Deloitte EMEA Fast 500 programme is an objective industry ranking that

identifies and recognises the fastest-growing technology companies across

Europe, the Middle East, and Africa .
Read Deloitte's EMEA 500 Fast Report here


The first half of this year saw us successfully conduct and overcome numerous challenging strategic adjustments related to the launch of new solutions in a difficult core market.
As a result of this our initiatives across all business units are now advancing and looking very promising as we’ve streamlined processes and kicked off new partnerships that leverage our technology and products actively across multiple existing and new markets.

Abra has grown to become a fully functional HEMS (Home Energy Management System) platform, designed to monitor and manage a household's energy generation, storage, and consumption.
This has been an essential milestone in our expansion and co-operation in the energy sector, where our activities have also sparked interest abroad, showing strong and concrete potential to bring our solutions to new markets.

Looking forward, we are thrilled about accelerating our market presence with expanded distribution channels in H2 24!

We will continue leveraging our proven technological ecosystem to capture and dominate our existing market segment whilst securing growth in new market positions here at home in Norway.
To reach our ambitious goals of expansion, we are setting up distribution operationally in the US, and Sweden/Denmark from H2 24 with existing distribution network and channel partners, having targeted go-to-market plans for expanding in these markets from 2025.

Having built all solutions on one unified ecosystem the way we have has given us a competitive edge over potential competitors in many of the partnership dialogues and projects that are now materializing.

We could not have achieved this without your trust and support!

As we move into the second half of the year, we remain dedicated to delivering on our promises and exceeding expectations!
We’re excited for what lies ahead and are incredibly thankful to have you with us on this journey!

Take a look at our 2023 Annual Report to discover more about Fell Tech!


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