Nordics
Midroc New Technology leads €9m round for CorPower Ocean
Wave energy startup has so far raised тЌ38m in equity and public investments
Lugard Road invests $73m in Investcorp-backed Ageras
Transaction reportedly gives the company a valuation of around $244m
Tikehau closes T2 Energy Transition Fund on €1.1bn
Fund targets European companies operating in the clean energy production, low-carbon transport and energy efficiency segments
Multiples Heatmap: average pricing hits 11x in busy Q4
Healthcare, financial services and TMT assets continue to drive valuations up, while Nordic and UK regions see highest multiples
Skylake Capital holds first close, makes first deal
Debut fund leads a $3m round in UK-based deep-learning startup Mindtrace
Longship to buy Norwegian company Gexcon
Purchase price could be around тЌ29.2m, according to a local press report
IK, ICG to acquire minority stake in Norwegian firm Formue
Deal reportedly values the company at тЌ292m
Nordic Capital-backed Cint lists on Nasdaq Stockholm
IPO was priced at SEK 72 per share, corresponding to a market capitalisation of roughly SEK 9.8bn (тЌ974m)
Verdane-backed Humble Co sold to Bayn Group for €80.5m
During the GP's holding period, the company's EBITA margin went from 7% to 40%
Advent Life Sciences raises $215m across two new funds
Funds invest in early- and mid-stage life sciences companies developing new therapeutics and technologies
PSG's Mapal bolts on GetCompliant
With this add-on, Mapal expects to strengthen its existing software offering and expand its presence in the Nordic region
Secondary pricing flies high for infra funds; venture sees big jump
Across all strategies, highest prices are paid for 2016-2018 vintages, Setter Capital research shows
Verdane-backed e-retailer Desenio to list in Q1
Private placement will give the company a valuation of around тЌ1.1bn
Five Seasons launches second fund
VC targets the European food technology industry, primarily investing in series-A and -B rounds
PE-backed NutraQ sold to trade in NOK 3.1bn deal
Based on the company's 2020 EBITDA of NOK 188m, the deal achieved an EBITDA multiple of 16.5x
Goldman Sachs, Via Equity buy Swedish IT firm Advania
Existing investors in the company reinvested alongside the new GP
Tikehau launches SPAC to invest in financial services sector
Tikehau sponsors the vehicle in partnership with FinanciУЈre Agache, Jean-Pierre Mustier and Diego De Giorgi
Litorina-backed Fractal Gaming Group completes listing
IPO was priced at SEK 41 per share, which corresponds to a market capitalisation of around SEK 1.2bn (тЌ119m)
Industrifonden leads €4.6m extended series-A for EnginZyme
Latest round brings company's total series-A funding to тЌ11m
Eurazeo Smart City II Venture holds €80m first close
Fund invests in energy, transport, property technology and logistics startups worldwide
EQT sells Flying Tiger Copenhagen to Treville
Company founder Lennart Lajboschitz has also reportedly sold his 29% stake in the company
Ermitage launches fund advisory boutique in Helsinki
Firm will help GPs raise capital from institutional investors and large family offices in Europe and South Korea
EQT Ventures leads €75m series-B round for Instabox
Funding will be used to develop technology to enhance value-chain for customers and merchants, and for expansion outside of Sweden
Monterro opens Munich office
Stefan Lehotkay is to join the B2B software investor's team and will head its Munich operations