Canica

Canica is one of the largest privately owned investment companies in Norway. Our operations are focused on active, long-term ownership, primarily within sectors covering retail, fast moving consumer goods and real estate. Canica can offer core expertise within the fields of business development and finance, as well as capital and network in order to create value and employment in a long-term perspective.

Nils Kloumann Selte

CEO

Jan Ole Stangeland

CFO

25 past transactions

Porter AS

Merger/Acquisition in 2020
Porter AS owns and operates a portal for same-day deliveries of goods for online commerce. The company arranges for deliveries from its platform through collaboration with professional bids and businesses, to provide delivery of the goods, at home, at work, or wherever the client wants. The order goes to Porter portal when the goods are ready for collection at the sender, after which the company provides for execution of the delivery as soon as practicable after the order of the courier service is received and verified. It serves shippers and receivers of goods in urban areas. Porter AS was founded in 2016 and is based in Oslo, Norway.

Cytovation

Series A in 2022
Cytovation AS, a biotechnology company, develops peptide products for the treatment of cutaneous warts caused by human papilloma virus (HPV). The company's product CyPep-1 consists of 27 amino acids, targets HPV diseased cells, and kills the wart cells by disrupting the cell membrane and creating an immune response through the release of antigens. CyPep-1 has world-wide patent protection across the USA, Europe, Japan, and China. The company was founded in 2001 and is based in Bergen, Norway.

Galecto

Private Placement in 2020
Galecto, Inc. develops small molecules for the treatment of severe diseases, including fibrosis and cancer. The company, founded in 2011, builds on more than 10 years of research centering on the role of galectin-3 and LOXL-2, and the use of modulators of these proteins to treat fibrosis-related diseases and cancer. Combined with a strong patent estate, these assets give Galecto a unique therapeutic platform.

Arcus ASA (OB:ARCUS)

Merger/Acquisition in 2018
Arcus ASA, together with its subsidiaries, imports, produces, markets, sells, and distributes wine and spirits. It offers its products under the Lysholm Linie, Løiten Linie, Gammel Opland, Gilde, Aalborg, Malteserkreutz and Snälleröds, Gammel Dansk, Braastad cognac, Vikingfjord, Amundsen, Brennevin Seksti, Vanlig, Dworek, Hammer, Kalinka, Dobra, Doppio Passo, Pietro de Campo, Hot n’Sweet, Dooley’s, Eau de Vie, Golden Cock, St. Hallvard, Upper Ten, Dry Anis, Star Gin, and Akvavit brands. The company also provides logistics services for alcoholic beverages. It operates in Norway, Sweden, Finland, Denmark, Germany, the United States, and internationally. Arcus ASA is headquartered in Hagan, Norway.

Farmasiet

Private Equity Round in 2019
Farmasiet is Norway's largest online pharmacy delivering to the entire country. We also have a physical pharmacy in Sandefjord.

Tollbugata 8

Merger/Acquisition in 2017
Tollbugata 8 comprises a real estate property and is located in Norway.

Antler

Venture Round in 2020
Antler identifies and invests in exceptional individuals and early-stage businesses with the potential to build global companies. The platform supports startups from inception, starting with team formation and business model validation, through to providing an unmatched capital pathway. We invest at the pre-seed stage and look to continue investing through Series C, building our relationship with portfolio companies as a long-term investor and supporter. This is particularly evident in our local portfolio growth, having invested in ~50 companies since mid-2019. This is more early-stage bets than any other VC in the country.

Bildeler

Private Equity Round in 2019
Bildeler.no operates an online retailer of auto parts. The company’s store, sales and procurement are located at Lierskogen, between Drammen and Oslo. After the transaction, Verdane and Canica will together own 90 percent of Bildeler.no

Cytovation

Series A in 2023
Cytovation AS, a biotechnology company, develops peptide products for the treatment of cutaneous warts caused by human papilloma virus (HPV). The company's product CyPep-1 consists of 27 amino acids, targets HPV diseased cells, and kills the wart cells by disrupting the cell membrane and creating an immune response through the release of antigens. CyPep-1 has world-wide patent protection across the USA, Europe, Japan, and China. The company was founded in 2001 and is based in Bergen, Norway.

Arundo Analytics

Private Placement in 2018
Arundo Analytics, Inc. develops analytics products that analyze data from the client’s assets and predicts the likely failures to enhance their operations. The company’s analytics solutions allow clients to make operational and maintenance decisions. It primarily services asset intensive industries with big data and machine learning products in the United States. The company was incorporated in 2015 and is based in Houston, Texas with additional offices in Palo Alto, California; Oslo, Norway; Stockholm, Sweden; and London, United Kingdom.

Antler

Private Placement in 2020
Antler identifies and invests in exceptional individuals and early-stage businesses with the potential to build global companies. The platform supports startups from inception, starting with team formation and business model validation, through to providing an unmatched capital pathway. We invest at the pre-seed stage and look to continue investing through Series C, building our relationship with portfolio companies as a long-term investor and supporter. This is particularly evident in our local portfolio growth, having invested in ~50 companies since mid-2019. This is more early-stage bets than any other VC in the country.

Mixed-use high street building in Central Oslo

Merger/Acquisition in 2018
Mixed-use high street building in Central Oslo comprises a real estate property. The asset is located in Norway.

Arundo Analytics

Series A in 2018
Arundo Analytics, Inc. develops analytics products that analyze data from the client’s assets and predicts the likely failures to enhance their operations. The company’s analytics solutions allow clients to make operational and maintenance decisions. It primarily services asset intensive industries with big data and machine learning products in the United States. The company was incorporated in 2015 and is based in Houston, Texas with additional offices in Palo Alto, California; Oslo, Norway; Stockholm, Sweden; and London, United Kingdom.

Arcus ASA (OB:ARCUS)

Merger/Acquisition in 2017
Arcus ASA, together with its subsidiaries, imports, produces, markets, sells, and distributes wine and spirits. It offers its products under the Lysholm Linie, Løiten Linie, Gammel Opland, Gilde, Aalborg, Malteserkreutz and Snälleröds, Gammel Dansk, Braastad cognac, Vikingfjord, Amundsen, Brennevin Seksti, Vanlig, Dworek, Hammer, Kalinka, Dobra, Doppio Passo, Pietro de Campo, Hot n’Sweet, Dooley’s, Eau de Vie, Golden Cock, St. Hallvard, Upper Ten, Dry Anis, Star Gin, and Akvavit brands. The company also provides logistics services for alcoholic beverages. It operates in Norway, Sweden, Finland, Denmark, Germany, the United States, and internationally. Arcus ASA is headquartered in Hagan, Norway.

Soil Steam

Funding Round in 2021
Soil Steam, founded by 3 farmers in the 1990-ies (Finn Limseth, Hans Kristian Westrum and Arvid Laksesvela) and led by CEO Oddbjørn Bergem, developed a technology that uses vacuum to force steam into the ground. The purpose is to make the crops bigger and to prevent vegetables from rotting without the use of harmful pesticides. The technology is patented for use in mobile machines, and Soil Steam claims to be the only company in the world that does this.

Oncoinvent

Venture Round in 2021
Oncoinvent AS develops antibody based therapeutics for cancer patients. It offers Radspherin, an alpha-emitting radioactive microsphere designed for treatment of metastatic cancers in body cavities; radiotherapeuti; radioimmunotherapeutic; and immunotherapeutic products. The company was founded in 2010 and is based in Oslo, Norway.

Skitude

Series A in 2019
Skitude Holding AS provides digital and mobile platforms for the monitoring, gamification, and sharing of skiing, snowboarding, and other outdoor activity experiences. It connects skiers and outdoor enthusiasts with mountain resorts through a range of smartphone apps, access to ski resorts through Skitude Instant Access, and the purchase of ski passes and other ski resort services. The company was founded in 2016 and is headquartered in Oslo, Norway.

Skioo

Series A in 2016
Skioo is the mobile and web solution, skiers have instant access to a large network of partner resorts in Switzerland and Norway. Skiers can also go straight to the slopes without having to queue at the lift ticket office or buy their ticket in advance. Launched in 2012 by Gregory Barbezat in Lausanne, Switzerland, Skioo has already partnered with many ski resorts in the country. After a rapidly growing roster of users and partners in Switzerland, Skioo expanded to Norway in 2016.

Oncoinvent

Venture Round in 2017
Oncoinvent AS develops antibody based therapeutics for cancer patients. It offers Radspherin, an alpha-emitting radioactive microsphere designed for treatment of metastatic cancers in body cavities; radiotherapeuti; radioimmunotherapeutic; and immunotherapeutic products. The company was founded in 2010 and is based in Oslo, Norway.

Healthily

Venture Round in 2022
Healthily is the world’s first medically approved self-care app designed around you. Combining responsive AI with trusted insights and tools, we match your personal needs to the latest information from doctors and healthcare specialists. So you can understand your health and take the next step with confidence, wherever you are. Used by millions of people all over the world, Healthily’s pioneering approach to online clinical safety has attracted the support of leading investors and health organisations.

SixBondStreet AS

Private Equity Round in 2019
Sixbondstreet is an online retailer of exclusive furniture and decorative items.sixbondstreet with international impulses and a desire to deliver the little extra in furniture and interior design.