Earlybird Venture Capital, Industrifonden and Investor Growth Capital has invested SEK 68.5m in Sidec Technologies AB, a Swedish biotech company. In the series-B round, Investor Growth Capital and Ealybird joined Industrifonden, an existing investor. The injection of new capital will enable Sidec to go ahead with its planned market expansion, mainly in Europe and the US.
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Indaco Venture and CDP Venture Capital also take part in the round, alongside previous backer Genextra
Deal is Nylacast's second add-on transaction since the GP acquired it in 2018
New vehicle's target is almost double the €153m that Jet raised for its second fund