Kvist Solutions
Seed Round in 2025
Kvist Solutions AS is a software development company based in Oslo, Norway, that focuses on simplifying the BREEAM certification process for buildings. The company offers a digital documentation platform designed to streamline environmental certification, providing users with tools to track progress and status during the certification journey. This enables individuals and businesses to contribute effectively while allowing auditors to assess documentation readiness and set deadlines. With a commitment to sustainability, Kvist Solutions AS aims to empower users to make informed decisions that positively impact environmental management. The company operates within the internet industry and employs a team of 15 dedicated professionals.
Veidekke ASA is a prominent construction and property development firm based in Scandinavia. The company engages in a wide range of activities, including the construction of residential and non-residential buildings, civil engineering projects, and infrastructure developments. It operates through six segments: Construction Norway, which focuses on apartment complexes and commercial buildings; Infrastructure Norway, covering road maintenance, railways, and airports; Construction Sweden, which involves residential units, offices, and cultural institutions; Infrastructure Sweden, focusing on energy, heavy industry, and recycling facilities; and operations in Denmark. Veidekke is committed to delivering high-quality construction services while emphasizing sustainability and innovation in its projects.
Borregaard ASA
Post in 2024
Borregaard ASA is a Norwegian company that develops, produces, and sells biomaterials, biochemicals, and fine chemicals, with operations in Europe, the United States, and Asia. The company is organized into three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment specializes in biopolymers used as binding and dispersing agents across various industries, including construction and agrochemicals, and also produces biovanillin for the food and beverage sector. The BioMaterials segment offers specialty cellulose, which serves as a raw material in the manufacturing of cellulose ethers and other specialty products, as well as cellulose fibrils for industrial applications. The Fine Chemicals segment provides pharmaceutical intermediates and bioethanol. Borregaard ASA operates green biorefineries, focusing on environmentally friendly biochemicals derived from renewable resources, thereby offering sustainable alternatives to oil-based products. Established in 2012, the company is headquartered in Sarpsborg, Norway.
Carnegie Investment Bank
Acquisition in 2024
Carnegie Investment Bank is a prominent financial institution based in Stockholm, Sweden, with a rich history dating back to 1803. The bank specializes in a wide array of services, including financial advisory, wealth management, and investment banking. Its offerings encompass mergers and acquisitions, private placements of debt and equity, initial public offerings, and fundraising advisory. Additionally, Carnegie provides securities brokerage, private banking, and sales trading services. The firm is recognized for its focus on delivering consistent, long-term asset growth for its clients through a disciplined investment philosophy and a stable team of experienced professionals.
Scandi Standard
Post in 2024
Scandi Standard is a leading food company specializing in the production and supply of chicken and chicken-based products across the Nordic region and Ireland. Established in 2013, the company consolidated the largest poultry operations in the region, creating a market leader in the sector. Scandi Standard markets its products under several brand names, including Kronfågel, Danpo, Den Stolte Hane, Naapurin Maalaiskana, and Manor Farm. With operations in Sweden, Denmark, Norway, Finland, and Ireland, the company primarily generates its revenue from the Ready to Cook segment, with a significant portion coming from its home market of Sweden. Scandi Standard employs nearly 1,700 individuals and has an annual turnover of approximately SEK 5.2 billion, focusing on delivering high-quality chicken products to both domestic and export markets.
Embracer Group
Post in 2024
Embracer Group is a parent company that oversees a diverse array of businesses focused on the development and publishing of PC, console, mobile, and tabletop games, along with related media. Formerly known as THQ Nordic AB, the company rebranded to Embracer Group in 2019 to enhance clarity regarding its structure. With a robust portfolio of over 850 owned or controlled brands, Embracer Group includes notable franchises such as Saints Row, Dead Island, and Borderlands. The group operates through ten divisions, including THQ Nordic GmbH, Koch Media GmbH/Deep Silver, and Gearbox Entertainment, among others. Headquartered in Karlstad, Sweden, Embracer Group employs over 12,500 staff and contracted developers across more than 40 countries. The company generates most of its revenue from game development and publishing, with significant income derived from the United States and Europe.
Salmon Evolution
Post in 2023
Salmon Evolution AS is a land-based salmon farming company headquartered in Molde, Norway. Founded in 2017, the company utilizes hybrid flow-through technology to capitalize on optimal conditions for raising salmon. Its production facility is located in Indre Harøy, offering access to a skilled workforce, established infrastructure, renewable energy, and a continuous supply of fresh seawater. Salmon Evolution focuses on the sustainable production of high-quality salmon, ensuring the health and growth of the fish while minimizing environmental impact. The company operates through two reportable segments: Farming Norway, which encompasses various subsidiaries, and Other, which includes revenue and costs not directly tied to the farming activities.
Otovo is a renewable energy company that simplifies the process of obtaining solar panels and batteries for homeowners. Established in Oslo in 2016, Otovo operates a marketplace that connects customers with a network of thoroughly vetted local energy installers. Utilizing proprietary technology, the company assesses the solar potential of residential properties and provides tailored project recommendations. Otovo has successfully completed thousands of solar energy installations across Europe, striving to become the leading residential solar energy provider on the continent. The company consists of a diverse team of engineers, programmers, and technical consultants located in various European cities, including Stockholm, Paris, and Madrid. In addition to facilitating the installation of solar panels, Otovo offers subscription services for customers to access renewable energy solutions. The company is well-capitalized, supported by prominent Scandinavian investment entities.
Climeon is a clean technology company based in Stockholm, Sweden, that specializes in converting waste heat and geothermal heat into clean electricity. Founded in 2011 by Thomas Öström and Joachim Karthäuser, Climeon develops innovative solutions for the recycling and conversion of low-temperature heat into sustainable energy. Its primary product, the Climeon Heat Power system, efficiently generates electricity from waste heat, catering to various sectors including geothermal, industrial processes, power stations, and maritime applications. The company operates across multiple regions, including Sweden, Europe, North America, and Asia, focusing on environmentally friendly energy solutions.
Space Norway
Funding Round in 2019
Space Norway formerly known Norsk Romsenter Eiendom, specializes in providing satellite mobile broadband coverage to civilian and military users in the Arctic. It has a disposal satellite-based communications capacity providing coverage of the Troll Research Station in Antarctica. The solution onboard the Thor 7 satellite has been developed in cooperation with Telenor. The company is driven by a mission to own and lease out space-related infrastructure, and to make other investments in space-related activities. Space Norway is also the owner of Statsat AS, a company that manages small satellites owned by the Norwegian state, such as AISSat-1 and -2 and Norsat-1 and -2. Space Norway was founded in 1995 as a subsidiary of the Norwegian Space Centre to operate as a vehicle for the Centre’s operational activities.
ePekebok
Venture Round in 2018
ePekebok AS develops a reading platform Lesemeister that gives students access to e-books from the Norwegian publishers. The platform enables readers get readpoints, read with and without sound, record and listen in own reading voice, and automatic reading log.
Nille AS
Acquisition in 2018
Nille AS is a discount retail chain based in Trollåsen, Norway, founded in 1981. The company specializes in a diverse range of products aimed primarily at women, including candles, napkins, birthday supplies, kitchen items, and textiles. Nille AS sells its products through both online and offline stores, catering to customers looking for affordable household items. As of April 27, 2018, it operates as a subsidiary of DNB ASA.
Chooose
Angel Round in 2017
Chooose AS, based in Oslo, Norway, specializes in providing climate compensation solutions for consumer-facing enterprises. The company offers a platform that integrates seamlessly into e-commerce checkouts and consumer applications, enabling businesses to offer high-impact climate action options to their customers. Chooose operates a marketplace for carbon credits and provides tools for emission calculations and carbon removal transactions. Established in 1997, the company has gained recognition for its innovative approach, being named Norway's startup of the year in 2017 and recognized as a top global tech startup by Sir Richard Branson and the Extreme Tech Challenge. In addition to its core services, Chooose also sells gift cards online.
Recipharm, established in Sweden in 1995 and headquartered in Jordbro, is a prominent Contract Development and Manufacturing Organisation (CDMO) that serves pharmaceutical and biotech companies. With a workforce of approximately 3,500 employees, Recipharm specializes in supporting clients throughout the entire lifecycle of pharmaceutical products, from early development to commercial manufacturing. The company is dedicated to delivering innovative solutions that help its clients bring products to market efficiently and cost-effectively. By prioritizing respect for all stakeholders and ensuring value for money, Recipharm distinguishes itself in a competitive industry, reinforcing its commitment to long-term partnerships with its clients.
NorSun
Debt Financing in 2009
NorSun is a Norwegian solar energy company that specializes in the manufacture and marketing of high-performance monocrystalline silicon ingots and wafers. The company utilizes the Czochralski process to produce its products, which involves melting polysilicon and shaping it into pseudo-square blocks before slicing them into thin wafers using diamond wire saws. NorSun's modern production facilities, located in Årdal, Norway, and Vantaa, Finland, have an expected annual production capacity exceeding 200 MWp. The company serves a select group of leading manufacturers in the solar cell industry, emphasizing quality, innovation, and manufacturing excellence. NorSun is dedicated to advancing economies of scale and fostering technological improvements that enhance the efficiency and affordability of converting sunlight into electricity.
Boliden is a metals company focused on sustainable development, operating in the fields of exploration, mining, smelting, and metals recycling. The company manages six mining areas and five smelters across Sweden, Norway, Finland, and Ireland, employing approximately 5,500 individuals and generating an annual turnover of around SEK 40 billion. Boliden's mining operations include both open-pit and underground mines, extracting ores primarily for zinc, copper, gold, and silver. The extracted ores are processed into metal concentrates at local concentrators and further refined into high-quality metals at the company's smelters. Boliden's products are mainly sold to industrial customers in Europe, with significant demand from the automotive and construction industries. The company plays a vital role in the circular economy by supplying essential resources while ensuring the recycling of metals after use, thereby contributing to long-term value for shareholders, employees, customers, suppliers, and local communities.