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Nordics

Checking energy consumption on a smartphone
Inven, Contrarian lead €5m series A round for Eliq

Startup is a provider of customer engagement software to utility companies

  • Early-stage
  • 23 September 2020
The Unquote Podcast
Unquote Private Equity Podcast: Allocate 2020 special

The Pod discusses our upcoming LP/GP conference, Allocate, touching on illiquidity solutions, secondaries, and ESG

  • Investments
  • 22 September 2020
Macbooks and refurbished Apple products
Icebreaker leads €1.6m round for Fixably

Startup will use proceeds to accelerate its expansion into the US and increase presence in Europe and Asia-Pacific

  • Early-stage
  • 21 September 2020
Baby toys and clothes
Polaris and AAC Capital exit BabySam to trade – report

GPs had reportedly been preparing to sell BabySam as early as 2017

  • Exits
  • 21 September 2020
Per Brilioth of VNV Global
VC Profile: VNV Global

Managing director Per Brilioth discusses portfolio company Voi, seeking network effects and investing in companies at the idea stage

  • GPs
  • 21 September 2020
Physiotherapy exercise
Kinnevik leads $23m series-A round for Joint Academy

Healthtech company has raised $34.2m since being founded six years ago

  • Early-stage
  • 18 September 2020
Office iPads and document browsing
Stirling Square reinvests in Docu Nordic with TA Associates

Stirling Square is deploying equity from its fourth fund, having previously owned the company via its third fund

  • Buyouts
  • 18 September 2020
Fundraising in dollars
Evolution Equity on the road for second fund – report

New York-headquartered venture capital firm held a final close for its debut fund in 2017 on $125m

  • Fundraising
  • 18 September 2020
Hotdesking software and remote access systems
Kahoot! acquires VC-backed Actimo

Listed e-learning company is paying up to $33m for the target company

  • Expansion
  • 17 September 2020
Mood surveys
Nauta Capital leads €4.7m series-A round for HappySignals

New round brings company's total funding so far to €6.2m

  • Early-stage
  • 17 September 2020
Auction houses
MVI acquires majority stake in PS Auction

Deal is MVI's first investment from its second fund, which is aiming to reach its SEK 1bn target by Q1 2021

  • Buyouts
  • 17 September 2020
Cloud computing software and services
One Peak leads $30m series-A round for KeepIt

Round is reportedly the largest SaaS investment in a bootstrapped company in the Nordic region

  • Early-stage
  • 15 September 2020
Shopping online
Klarna valued at $10.6bn after $650m round led by Silverlake

Valuation makes it the highest-valued private European and the fourth-highest in the world

  • Expansion
  • 15 September 2020
Business loans
Sagard NewGen holds first close for €300m first fund

Fund invests in majority and minority stakes of European companies with revenues of up to €150m

  • Funds
  • 14 September 2020
Promotions and recruitment
Verdane adds three to investment team

Stenmarck, Friberg and Stierncreutz are based in Copenhagen, Berlin and Helsinki respectively

  • GPs
  • 14 September 2020
Office IT integration and systems management
Axcel-backed Superoffice to acquire Infobridge – report

According to press reports, InfoBridge generated a turnover of €1.9m in 2019

  • Portfolio management
  • 14 September 2020
Money raised in euros
HIG European Capital Partners III sets target on €1bn

GP is also fundraising for HIG Europe Middle Market LBO Fund, which has a target of €2bn

  • Funds
  • 11 September 2020
Drones
QuadSAT raises €2m in pre-series-A round led by Seraphim

Startup was founded three years ago and plans to raise a series-A round within a year from now

  • Early-stage
  • 10 September 2020
Accounting software and business resource management
Hg-backed Visma acquires Cash Software

Deal is Visma's fourth strategic acquisition in the accountancy software market

  • Portfolio management
  • 10 September 2020
Wind turbines and components
GP-backed PolyTech bolts-on Fos4x

Deal strengthens PolyTech's position as a blade technology specialist

  • Portfolio management
  • 09 September 2020
Pounds sterling
Bridgepoint Development Capital IV hits £1.5bn hard-cap

Fund exceeds its £1bn target after around eight months on the road, Unquote understands

  • Funds
  • 08 September 2020
Magazines available on mobile devices
Readly's upcoming IPO to value company at SEK 2bn

Company will be listed on the Nasdaq Stockholm stock exchange and start trading on 17 September

  • Nordics
  • 08 September 2020
European technology fundraise
Superhero Capital to hold €40m final close by end of 2020

VC firm's new fund will be double the size of its previous fund, which is now fully invested

  • Funds
  • 08 September 2020
Insurance brokers
CEFIF, Leapfrog et al. in $30m round for BIMA

Company has raised more than $200m since being founded 10 years ago

  • Expansion
  • 08 September 2020
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