Novator Partners

Novator Partners is a private equity investment firm established in 2004 and headquartered in London, United Kingdom. Founded by Thor Bjorgolfsson, the firm specializes in investing across various sectors, including telecommunications, pharmaceuticals, information technology, and renewable energy. Novator focuses on complex investment situations that may involve intricate structures or cross-border dynamics. The firm is dedicated to developing strong management teams within its portfolio companies, granting them operational autonomy while maintaining oversight through board representation. To enhance value in its investments, Novator engages in restructuring and de-risking strategies, which may include refinancing, integrating acquired assets, or pursuing strategic sales and public offerings.

Marcus Burch

Principal

Andrea Cantoni

Principal

Ingo Eschweiler

Principal

James Manning-Coe

Principal

Andri Sveinsson

Partner and CFO

Florian Reich-Rohrwig Ph.D

CFO

Past deals in Iceland

Verne Global

Venture Round in 2020
Verne Global, Inc. is a provider of computing solutions specializing in colocation and high-performance computing (HPC)-as-a-Service. Founded in 2006 and based in Arlington, Virginia, the company operates an environmentally-friendly data center campus in Keflavik, Iceland, which has been operational since 2012. This 45-acre facility, built on the site of a former NATO Command Center, was designed to address the challenges of rising power costs and carbon emissions in the data center industry. By utilizing renewable energy sources, including geothermal and hydroelectric power, Verne Global offers a competitively priced, carbon-neutral energy solution. The strategic location of the campus allows global clients to benefit from affordable power while ensuring reliability, making it an appealing option for industries such as artificial intelligence, earth sciences, engineering, financial services, life sciences, and scientific research. Verne Global operates as a subsidiary of Verne Holdings ehf.

Verne Global

Series D in 2015
Verne Global, Inc. is a provider of computing solutions specializing in colocation and high-performance computing (HPC)-as-a-Service. Founded in 2006 and based in Arlington, Virginia, the company operates an environmentally-friendly data center campus in Keflavik, Iceland, which has been operational since 2012. This 45-acre facility, built on the site of a former NATO Command Center, was designed to address the challenges of rising power costs and carbon emissions in the data center industry. By utilizing renewable energy sources, including geothermal and hydroelectric power, Verne Global offers a competitively priced, carbon-neutral energy solution. The strategic location of the campus allows global clients to benefit from affordable power while ensuring reliability, making it an appealing option for industries such as artificial intelligence, earth sciences, engineering, financial services, life sciences, and scientific research. Verne Global operates as a subsidiary of Verne Holdings ehf.

Greenqloud

Venture Round in 2014
Greenqloud ehf. is a software company based in Reykjavik, Iceland, specializing in cloud management solutions through its flagship product, Qstack. Founded in 2010, Greenqloud initially offered public cloud computing services powered by renewable energy but shifted focus to developing Qstack, a cloud infrastructure platform that enables private, public, and hybrid cloud deployments. Qstack is hypervisor-agnostic, supporting various technologies such as KVM, VMware, and Microsoft Hyper-V, and features a Kubernetes-based orchestration layer for managing containers and applications. The platform facilitates resource management and data storage, allowing users to maintain control and transparency over their cloud resources. Greenqloud serves both local and international clients, leveraging its extensive experience in cloud services and partnerships with major technology firms. As of 2017, Greenqloud operates as a subsidiary of NetApp, Inc.
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