Nordic Unquote
VC-backed Ziebel raises $10m
Corporate venture funds ConocoPhillips Technology Ventures and Chevron Technology Ventures have led a $10m round for Ziebel, a Norwegian oil services company.
Kinnevik's Stenbeck to chair Zalando board
Kinnevik chairman Cristina Stenbeck is set to take over as the new chairman of listed online retailer Zalando, according to the Financial Times.
Sintef launches fourth seed fund
Trondheim-based Sintef has launched Sintef Venture IV, a NOK 209m seed fund aimed at technology-driven SMEs.
Deal in Focus: Herkules acquires Didriksons
Herkules Capitalтs acquisition of Didriksons, a Swedish functional clothing brand, highlights the growing appeal of Nordic sportswear for consumers.
Kinnevik CEO steps down
Kinnevik CEO Mia Brunell Livfors has announced her decision to step down as president and CEO of the business.
Segulah acquires KP Components
Segulah has agreed to acquire Danish metal components provider KP Components.
CapMan acquires The North Alliance
CapMan has agreed to invest in The North Alliance (NOA), a network of seven communication, design and technology companies in the Nordic region.
Adelis acquires NGI
Adelis Equity Partners has acquired a majority stake in NGI, a Danish manufacturer of stainless steel levelling feet, via its first fund.
Sentica Partners picks up Func Food
Sentica Partners has acquired a majority stake in sports nutrition company Func Food Finland.
Northcap commits €2.5m to adQuota
Danish venture capital firm Northcap has invested тЌ2.5m in Danish mobile advertisement platform adQuota International.
Seed Capital et al. invest €1.5m in Deskwolf
Seed Capital, VУІkstfonden and business angels have invested тЌ1.5m in Deskwolf, a start-up that helps SMEs use Facebook as a marketing tool.
IK's Attendo rumoured to list this year
IK Investment Partners could list Swedish elderly care provider Attendo on the Stockholm exchange this year, according to media reports.
Segulah's European Travel Interactive buys Flygresor.se
Segulah portfolio company European Travel Interactive (ETI) has acquired price comparison website Flygresor.se.
DFJ Esprit et al. back Trustpilot
DFJ Esprit and its Menlo Park-based parent DFJ have led a $25m series-C round for consumer review site Trustpilot.
CVC sells Matas stake for $216m
CVC Capital Partners has sold its entire holding in Danish beauty retailer Matas for $216m (DKK 1.18bn), equating to 19.4% of the total share capital.
Herkules acquires Didriksons
Herkules has agreed to acquire a majority stake in Didriksons, a Swedish functional clothing retailer.
Erhvervsinvest backs Scanbur
Erhvervsinvest has invested in Danish life sciences company Scanbur.
Inventure Fund II holds first close on €50m
Inventure has held a first close for Inventure Fund II, an early-stage venture capital fund, on тЌ50m.
FlatFrog closes $10m round
FlatFrog Laboratories, a Sweden-based multi-touch systems provider, has raised a further $10m from Invus, Sunstone Capital and Intel Capital.
Credo Partners partially exits Lönne Holding
Credo Partners has sold LУЖnne Holding to Brammer, while simultaneously acquiring the group's subsidiary LУЖnne Service.
Sequoia leads $22m round for Plain Vanilla
Sequoia Capital has led a $22m series-B funding round for Plain Vanilla, an Icelandic application developer, alongside Chinese investment holding company Tencent Holdings.
Floating the idea of more Nordic IPOs
The Nordic IPO market, which has remained dormant for around five years, is emerging from its slumber. Karin Wasteson reports
Capvest buys Scandza
Capvest Equity Partners has completed the management buyout of Nordic food and beverage business Scandza.
Nordic Capital Fund VIII hits final close at €3.5bn hardcap
Nordic Capital's eighth fund has held a final close on its hardcap of тЌ3.5bn ($4.8bn).