Trill Impact

Trill Impact is a private equity firm founded in 2019, specializing in impact investing with a focus on mid-sized companies in Northern Europe. The firm aims to create value while advancing the Sustainable Development Goals, positioning itself as a leader in Impact Private Equity. With approximately EUR 1.2 billion in assets under management, Trill Impact operates through various investment strategies, including Impact Private Equity, Impact Ventures, and Microfinance. The firm is supported by a team of around 65 experienced professionals based in the Nordics, Germany, Luxembourg, and the USA, who actively engage in identifying and nurturing investment opportunities that align with environmental and social impact objectives.

Hanna Eiderbrant

Investment Director

Hannah Larby

Investment Manager

Matthew Levine

Partner and Head of US office

Chee-Wei Wong

Partner

19 past transactions

May Health

Series B in 2024
May Health specializes in developing innovative solutions for infertility related to Polycystic Ovary Syndrome (PCOS). The company offers a minimally invasive procedure aimed at restoring ovulation in women with PCOS, providing a more natural approach to pregnancy. This one-time treatment is performed transvaginally under ultrasound guidance, eliminating the need for general anesthesia. The procedure is designed to assist the body's natural ovulation process and can be conducted in a clinical setting, similar to techniques used by fertility specialists in in vitro fertilization (IVF). May Health's focus is on delivering effective, durable solutions for patients seeking to conceive while minimizing the medicalization of the pregnancy experience.

MinervaX

Venture Round in 2023
Minervax is focused on developing a vaccine to prevent infections caused by Group B streptococcus (GBS), which can lead to serious health issues in newborns and adverse pregnancy outcomes. The company is researching a specific fusion protein that has demonstrated the ability to stimulate strong protective immunity against various clinically significant GBS strains. By utilizing this innovative approach, Minervax aims to provide medical professionals with an effective tool to protect newborns from potentially life-threatening bacterial infections associated with GBS.

Open Cosmos

Series B in 2023
Open Cosmos Ltd is a space technology company based in Harwell, United Kingdom, specializing in the design, manufacture, launch, and operation of microsatellites. Founded in 2015, the company aims to simplify access to space for various organizations by providing end-to-end solutions for telecommunications, Earth observation, navigation, and scientific missions. Open Cosmos's offerings include satellite platforms, mission simulation tools, and payload development services. Its innovative products, such as Simple-I for payload innovation and Simple-o for orbit programs, facilitate satellite missions. The company also operates a software platform, qbapp, which allows customers to define missions, simulate operations, and select satellite designs. Additionally, Open Cosmos manages integration, testing, launch logistics, ground control, and insurance, ensuring a comprehensive approach to satellite deployment and operation. Through its OpenOrbit and DataCosmos platforms, the company enables users to access and analyze satellite data efficiently, supporting informed decision-making across multiple sectors.

tado°

Venture Round in 2023
tado° GmbH is a Munich-based company that specializes in developing and marketing home climate control systems. Founded in 2010, the company offers a combination of hardware and software solutions designed to enhance the efficiency of heating and cooling systems in residential and small business environments. tado°'s innovative products adjust to the behavior of residents in real time while also considering weather forecasts and building characteristics. The company distributes its offerings through both retail stores and online platforms, positioning itself at the intersection of technology and sustainable energy management in the cleantech market. With an additional office in London, tado° continues to focus on integrating Internet of Things technology into everyday climate control solutions.

MinervaX

Series C in 2022
Minervax is focused on developing a vaccine to prevent infections caused by Group B streptococcus (GBS), which can lead to serious health issues in newborns and adverse pregnancy outcomes. The company is researching a specific fusion protein that has demonstrated the ability to stimulate strong protective immunity against various clinically significant GBS strains. By utilizing this innovative approach, Minervax aims to provide medical professionals with an effective tool to protect newborns from potentially life-threatening bacterial infections associated with GBS.

Cinclus Pharma

Venture Round in 2022
Cinclus Pharma AG is a clinical-stage biotechnology company based in Basel, Switzerland, specializing in the development of small molecules for the treatment of gastric acid-related diseases, particularly gastroesophageal reflux disease (GERD). The company's lead asset, X842, is designed for patients suffering from severe erosive GERD, a condition for which effective treatment options are limited. In addition to X842, Cinclus Pharma is exploring a dual therapy approach that combines an antibiotic targeting Helicobacter pylori, a bacterium associated with gastric and duodenal mucosal issues. The company's research efforts aim to address significant unmet medical needs in the treatment of these conditions.

Karriere Tutor

Acquisition in 2022
Karriere Tutor support you with excellent, proven training programs in digital learning formats and future technologies.

Delivery Associates

Private Equity Round in 2022
Delivery Associates is a management advisory services company that focuses on supporting governments and social impact organizations. The firm specializes in developing systems and software tailored to the needs of its clients, in addition to providing training for effective policy implementation. Through these services, Delivery Associates aims to empower clients to advance their initiatives and achieve their goals.

Kimbrer Systems

Private Equity Round in 2022
Kimbrer Systems provides refurbished and end-of-life hardware for data center maintenance and optimization. Their services include a live help desk, technical support, and professional logistics. They engaged in servers, storage systems, and network equipment for major brands.

Komet Irrigation

Private Equity Round in 2022
Komet Irrigation is a manufacturer of components for irrigation systems, specializing in products such as sprinklers, regulators, and high-capacity guns used in pivot and hose reel systems. The company's offerings are designed to ensure uniform water distribution, consistent water droplet size, and low energy consumption. By providing these advanced irrigation solutions, Komet Irrigation supports original equipment manufacturers, dealers, and farmers in promoting sustainable agricultural practices.

InfraKraft

Private Equity Round in 2022
InfraKraft is a consulting organization that creates infrastructure to help handicraft industries. They focus on establishing a handicraft manufacturing culture that adopts rapid product development techniques to promote the development of products from design to product.

Raksystems

Venture Round in 2022
Raksystems is a privately held company based in Vantaa, Finland, specializing in property survey and consultancy services for the construction and real estate sectors, primarily in the Nordic countries. Founded in 1989, Raksystems focuses on green construction, building condition assessments, and indoor air quality services. The company supports both new and renovation projects, ensuring the well-being, value, and functionality of properties while fostering healthier living environments for their users.

i-SOLUTIONS Health

Acquisition in 2021
i-SOLUTIONS Health GmbH is a provider of healthcare information technology solutions, headquartered in Mannheim, Germany. The company develops and designs user-friendly solutions aimed at streamlining daily operations in healthcare settings. By enhancing the quality of medical outcomes, i-SOLUTIONS Health contributes significantly to the efficiency and success of healthcare organizations. Formerly known as iSOFT Health GmbH, the company rebranded in December 2014 and is currently a subsidiary of ARUBA Holding GmbH.

Meona

Acquisition in 2021
Meona is a Company designs and develops clinical software products which support pharmacists in the preparation, prescription, and billing of cytostatic solutions. Meona serves customers in Germany.

ILT Education

Acquisition in 2021
ILT Education is an EdTech company in the Nordics and is expanding globally. It offers EdTech services that make a true impact on educational institutions, from preschools all the way up to adult education.

Allurity

Venture Round in 2021
Allurity is a collective of technology-driven cybersecurity service providers dedicated to fostering a secure digital environment. The company focuses on investing in cybersecurity firms that offer both proactive and reactive services, as well as software and data protection solutions. By supporting these specialized companies, Allurity aims to enhance their growth potential and contribute to the fight against cybercrime, ultimately promoting a safer online landscape for individuals and organizations alike.

Mesalvo

Venture Round in 2021
Mesalvo is a healthcare software provider for hospitals, radiologists, and laboratories.

Nordomatic

Acquisition in 2020
Nordomatic is a Swedish company founded in 1967, recognized as a pioneer in providing brand-independent solutions for the real estate market. The company specializes in building management systems (BMS), energy optimization services, and system integration. By offering advanced control and monitoring systems, Nordomatic plays a crucial role in reducing energy consumption and enhancing indoor climates for property owners in Scandinavia. The company prides itself on its expertise and innovative approach, continuously advancing its services to meet the evolving needs of the real estate sector.

Nordomatic

Venture Round in 2020
Nordomatic is a Swedish company founded in 1967, recognized as a pioneer in providing brand-independent solutions for the real estate market. The company specializes in building management systems (BMS), energy optimization services, and system integration. By offering advanced control and monitoring systems, Nordomatic plays a crucial role in reducing energy consumption and enhancing indoor climates for property owners in Scandinavia. The company prides itself on its expertise and innovative approach, continuously advancing its services to meet the evolving needs of the real estate sector.
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