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TRACXN MONTHLY REPORT
MAY 2021
NORDICS TECH
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
Nordics Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 8
Top Funded Business Models - last 1 year 10
New Analyst Picks 11
IPOs 15
Acquisitions 16
Recent News 18
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Nordics Tech Snapshot – May 2021
Nordics Tech: Snapshot – May 2021
Note : "Investors" refers to "Institutional Investors" only
3
$624M
15 6
Overall Geo Stats
20
16
58
32
26
Funding Rounds $ Invested Analyst Picks
Cognite Upgraded
to UNICORN
New Investors
Temasek
Maersk Oil Trading
Series A+ rounds Active Investors IPOs
ITAB
SyntheticMR
Acquisitions
Tatab Hyrservice#@
Teknikutbildarna#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Stockholm
(7 Rounds, $190M)
Copenhagen
(6 Rounds, $57.1M)
Helsinki
(2 Rounds, $15.4M)
Ekero
(1 Rounds, $1.1M)
$150M - Series B
Cognite (2016, Lysaker, $225M)
$110M - Series B
Einride (2016, Stockholm, $160M)
$100M - Series C
Oura (2013, Oulu, $148M)
$61.0M - Series D
Doktor.se (2016, Stockholm, $122M)
EQT Ventures
(2 Investments)
Temasek
(2 Investments)
Byfounders
(2 Investments)
DIG Investment
(2 Investments)
Digital Twin
Cognite
Manufacturing Tech
Oil & Gas Tech
Electric Vehicles
Einride
Market Size
Companies Covered 14,639
Funded Companies 5,644
Total Funding $45.3B
Funding in last 12 months $9.9B
Top Exits
IPOs 348
Acquisitions 1,256
Company Stage
Unicorns 5
Soonicorns 78
Minicorns 435
Editor Picks 1,768
Series A+ 1,285
Series C+ 280
Acqui-Hires 3
Deadpooled 1,036
Top Cities
Stockholm (1,139 Rounds, $12.7B)
Copenhagen (1,116 Rounds, $14.5B)
Top Investors
Almi Invest (286 Investments)
Accelerace (139 Investments)
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Nordics Tech as of May 2021
Nordics Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (May 2021)*
Cognite
(2016, Lysaker, $225M)
$150M - Series B TCV
Einride
(2016, Stockholm, $160M)
$110M - Series B Temasek
Oura
(2013, Oulu, $148M)
$100M - Series C Elysian Park
Doktor.se
(2016, Stockholm, $122M)
$61.0M - Series D Consensus Asset Management
CytoKi Pharma
(2019, Vaerlose, $45.0M)
$45.0M - Series A Lundbeck Foundation
Contractbook
(2015, Copenhagen, $43.6M)
$30.0M - Series B Tiger Global Management
Fiksua ruoka
(2016, Espoo, $23.2M)
$23.2M - Series B Verdane
Forecast
(2016, Copenhagen, $34.1M)
$19.0M - Series A Balderton Capital
Exeger
(2009, Stockholm, $45.1M)
$18.0M - Series B
Dirac
(2001, Uppsala, $41.8M)
$17.7M - Series B TIN Fonder
Howspace
(2008, Helsinki, $14.6M)
$14.6M - Series A Forestay Capital
*Shows only the lead Investors
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (1/3)
List of Funding Rounds in Nordics Tech in May 2021
Nordics Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$61.0M - Series D
Doktor.se (2016, Stockholm, $121.8M)
Provider of an app for telehealth solutions
Consensus Asset Management, Norron, Skabholmen
Invest
LATE STAGE
$100.0M - Series C
Oura (2013, Oulu, $148.0M)
Provider of the wearable ring for tracking sleep quality
and activity
Elysian Park, Temasek, JAZZ Venture Partners, Eisai,
Bedford Funds, and 9 more
EARLY STAGE
$4.5M - Series A
WaveTouch (2013, London, $10.9M)
Developer of pressure-sensitive interactive touch
displays
EARLY STAGE
$11.1M - Series B
OnDosis (2017, Gothenburg, $14.5M)
Developer of a drug delivery system
Aeternum, DIG Investment
EARLY STAGE
$14.6M - Series A
Howspace (2008, Helsinki, $14.6M)
AI-based digital collaboration and social learning
platform
Forestay Capital, Inventure
EARLY STAGE
$17.7M - Series B
Dirac (2001, Uppsala, $41.8M)
Provider of digital audio optimization solutions
DIG Investment, TIN Fonder
EARLY STAGE
$18.0M - Series B
Exeger (2009, Stockholm, $45.1M)
Develops materials to improve cell performance
EARLY STAGE
$19.0M - Series A
Forecast (2016, Copenhagen, $34.1M)
Web-based project management platform
Balderton Capital, Seed Capital, Heartcore Capital,
Crane Venture Partners
EARLY STAGE
$23.2M - Series B
Fiksua ruoka (2016, Espoo, $23.2M)
Online retailer offering multi-category packed surplus
products
Verdane
EARLY STAGE
$30.0M - Series B
Contractbook (2015, Copenhagen, $43.6M)
Cloud-based legal contract management solutions
proivder
Tiger Global Management, Bessemer Venture Partners,
Byfounders, Gradient Ventures
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (2/3)
List of Funding Rounds in Nordics Tech in May 2021
Nordics Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
6
EARLY STAGE
$45.0M - Series A
CytoKi Pharma (2019, Vaerlose, $45.0M)
Developer of therapeutic epithelial based diseases
Lundbeck Foundation, Seventure Partners, Ysios
Capital
EARLY STAGE
$110.0M - Series B
Einride (2016, Stockholm, $160.4M)
Developer of autonomous electric shuttles and freight
mobility platform
Temasek, Northzone, Maersk Oil Trading, Build Capital
Partners, Norrsken VC, and 4 more
EARLY STAGE
$150.0M - Series B
Cognite (2016, Lysaker, $225.0M)
Provider of AI-based production data analysis software
TCV
EARLY STAGE
Series A
APIM Therapeutics (2009, Trondheim, $3.6M)
Develops anti-cancer therapies potentiating
chemotherapy induced responses in cancer cells
EARLY STAGE
Series A
MATE (2016, Copenhagen, $11.4M)
Developer of electric-bicycles
Marcy Venture Partners
SEED STAGE
$180.7K - Seed
kitchengrowth (2020, Stockholm, $180.7K)
Platform offering ghost kitchen solution for restaurant
industries
SEED STAGE
$853.4K - Angel
Inscripta (2015, Helsinki, $853.4K)
Solution for dictation and transcription of medical data
Ali Omar, Henry Nilert, Leena Niemistö, Jari
Paakkarinen
SEED STAGE
$982.9K - Seed
Ridely (2016, Stockholm, $982.9K)
App-based training solution for equestrians sports
Almi Invest, Sophie Stenbeck, Charlotte McAuley, Mark
McAuley, Per Brilioth
SEED STAGE
$1.1M - Seed
Ridesum (2017, Ekero, $1.1M)
Platform offering digital horse training platform
Zenith Group, Hooks
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (3/3)
List of Funding Rounds in Nordics Tech in May 2021
Nordics Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
7
SEED STAGE
$2.5M - Seed
Defined (2021, , $2.5M)
Decentralized network for financial products
Version One Ventures, Tiny Capital, , Inflection
Ventures, Compound, and 3 more
SEED STAGE
$2.6M - Seed
FRVR (2014, Copenhagen, $5.6M)
Game development studio
Hiro Capital
SEED STAGE
$5.5M - Seed
Tame (2016, Copenhagen, $7.6M)
Event planning and marketing software
VF Venture, Byfounders, Mikkel Lomholt, Sune Alstrup,
Ulrik Lehrskov Schmidt
SEED STAGE
$6.1M - Seed
Vev (2017, Oslo, $6.6M)
SaaS-driven interactive content creation platform
EQT Ventures, Skyfall Ventures, Sagene Tech Ventures
SEED STAGE
Seed
Tempo (2017, Copenhagen)
Cloud-based platform offering mail management
software
Boost VC
SEED STAGE
Seed
Corite (1999, Stockholm, $681.7K)
Music promotion through fans
SEED STAGE
Seed
Iamip (2013, Stockholm, $2.1M)
Cloud-based patent analytics and management
software provider
Black Pearls
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors (1/2)
List of New Investors in Nordics Tech in May 2021
Nordics Tech: List of New Investors
8
Investor Company Info Round Amount Round Name
Temasek
322 portfolio companies | Private equity firm focused on multiple sector
Oura
Provider of the wearable ring for tracking sleep quality and activity
$100M Series C
Maersk Oil Trading
14 portfolio companies | Conglomerate providing services to logistics, oil & gas
industries
Einride
Developer of autonomous electric shuttles and freight mobility
platform
$110M Series B
TIN Fonder
4 portfolio companies | Venture capital focused on tech companies
Dirac
Provider of digital audio optimization solutions
$17.73M Series B
Aeternum
1 portfolio companies | Aeternum
OnDosis
Developer of a drug delivery system
$11.05M Series B
c6e.vc
2 portfolio companies | Capital6 Eagle – Investment as a service
Defined
Decentralized network for financial products
$2.50M Seed
Consensus Asset Management
1 portfolio companies | Consensus Asset Management
Doktor.se
Provider of an app for telehealth solutions
$60.96M Series D
Tiny Capital
2 portfolio companies | Private equity firm focused on acquisitions
Defined
Decentralized network for financial products
$2.50M Seed
Marcy Venture Partners
9 portfolio companies | Venture capital firm investing in consumer businesses
MATE
Developer of electric-bicycles
Undisclosed Series A
Build Capital Partners
2 portfolio companies | Sector agnostic accelerator and private equity firm
focused on tech companies
Einride
Developer of autonomous electric shuttles and freight mobility
platform
$110M Series B
JAZZ Venture Partners
35 portfolio companies | Tech & Life Science focused VC firm investing in the US
Oura
Provider of the wearable ring for tracking sleep quality and activity
$100M Series C
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors (2/2)
List of New Investors in Nordics Tech in May 2021
Nordics Tech: List of New Investors
9
Investor Company Info Round Amount Round Name
Compound
130 portfolio companies | US focused VC firm
Defined
Decentralized network for financial products
$2.50M Seed
Next Ventures
4 portfolio companies | Provider of IT staffing services
Oura
Provider of the wearable ring for tracking sleep quality and activity
$100M Series C
Eisai
6 portfolio companies | Developer of drugs for oncology and neurological
disorders
Oura
Provider of the wearable ring for tracking sleep quality and activity
$100M Series C
one capitall ltd
1 portfolio companies | Welcome To One Capital
Oura
Provider of the wearable ring for tracking sleep quality and activity
$100M Series C
hitcomusic.com
1 portfolio companies | Hitco Entertainment
Corite
Music promotion through fans
Undisclosed Seed
TCG
15 portfolio companies | Diversified investment management firm
Oura
Provider of the wearable ring for tracking sleep quality and activity
$100M Series C
Version One Ventures
76 portfolio companies | Seed & early stage tech-focused VC firm funding
companies in the US & Canada
Defined
Decentralized network for financial products
$2.50M Seed
Black Pearls
13 portfolio companies | Tech focused seed stage VC firm investing in Poland
Iamip
Cloud-based patent analytics and management software provider
Undisclosed Seed
Forestay Capital
13 portfolio companies | VC firm investing in software and data-driven startups
Howspace
AI-based digital collaboration and social learning platform
$14.58M Series A
Metaplanet
4 portfolio companies | Investing in founders defining the future | Metaplanet
Oura
Provider of the wearable ring for tracking sleep quality and activity
$100M Series C
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
10
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲2 Internet First Point of Sale Financing $1.7B 4 Klarna | $1.0B | Series H
2 ▲2 Retail Stores Shopper Purchase Financing $1.7B 4 Klarna | $1.0B | Series H
3 ▼-1 Lithium Ion Batteries $600M 1 Northvolt | $600M | Series C
4 -- Electric Cars $550M 1 Polestar | $550M | Series D
5 ▲1 Food Ordering Platforms $544M 2 Wolt | $536M | Series E
6 ▲32 Music Licensing Marketplace $455M 2 Epidemic Sound | $450M | Series D
7 -- Oil and Gas Analytics Software $225M 2 Cognite | $150M | Series B
8 ▲145 Plant Based Seafood Substitutes $200M 1 Oatly | $200M | Series C
9 ▲1 Open Banking Aggregation APIs $163M 4 Tink | $103M | Series D
10 -- Wine Listing and Recommendation Platforms $155M 1 Vivino | $155M | Series D
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (1/4)
Interesting Companies identified by Analysts in Nordics Tech in May 2021
Nordics Tech: Analyst Picks
11
Upgraded to UNICORN
Cognite (2016, Lysaker, $75.0M, Series A)
Provider of AI-based production data analysis software
TCV,Acceland
Upgraded to SOONICORN
Einride (2016, Stockholm, $15.4M, Series A)
Developer of autonomous electric shuttles and freight
mobility platform
Ericsson, KI capital, Plum Alley Investments and 13
other Investors
Upgraded to SOONICORN
Exeger (2009, Stockholm, $10.0M, Series A)
Develops materials to improve cell performance
SEK, Fortum, Wallenstam and 10 other Investors
Upgraded to MINICORN
FRVR (2014, Copenhagen, $3.0M, Seed)
Game development studio
Hiro Capital, Makers Fund, Paul Heydon and 2 other
Investors
Upgraded to MINICORN
Tame (2016, Copenhagen, $654K, Seed)
Event planning and marketing software
Tommy Andersen, Ulrik Lehrskov Schmidt, Hampus
Jakobsson and 7 other Investors
Upgraded to MINICORN
Fiksua ruoka (2016, Espoo, $23.2M, Series B)
Online retailer offering multi-category packed surplus
products
Innovestor,Verdane,Prodeko Venturesand
Upgraded to MINICORN
OnDosis (2017, Gothenburg, $3.4M, Series A)
Developer of a drug delivery system
University of Gothenburg, Aeternum, Sanner Ventures
and 4 other Investors
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (2/4)
Interesting Companies identified by Analysts in Nordics Tech in May 2021
Nordics Tech: Analyst Picks
12
Upgraded to MINICORN
CytoKi Pharma (2019, Vaerlose, $45.0M, Series A)
Developer of therapeutic epithelial based diseases
Seventure Partners,Ysios Capital,Lundbeck
Foundationand
Upgraded to MINICORN
Howspace (2008, Helsinki, $14.6M, Series A)
AI-based digital collaboration and social learning
platform
Inventure, Red Giraffe Advisors, Forestay Capital and 1
other Investors
Upgraded to MINICORN
Doktor24 (2016, Stockholm, Unfunded)
Digital patient management software for healthcare
professionals
Added to Editor's Pick
Asarina Pharma (2006, Umea, $7.8M, Series A)
GABA-A modulating steroid antagonist for
premenstrual dysphoric disorder (PMDD)
Handelsbanken, Swedbank Robur, Idinvest Partners
and 6 other Investors
Added to Editor's Pick
EpiEndo Pharmaceuticals (2014, Reykjavik, $3.0M,
Grant (prize money))
Developer of proprietary therapies for treating chronic
respiratory diseases
European Union, Brunnur Ventures, Brunnur Ventures
and 1 other Investors
Added to Editor's Pick
Ridesum (2017, Ekero, $1.1M, Seed)
Platform offering digital horse training platform
Hooks,Zenith Groupand
Added to Editor's Pick
Apoteket (1970, Solna, Unfunded)
Online store for the purchase of medicines and
healthcare products
Added to Editor's Pick
Ridely (2016, Stockholm, $983K, Seed)
App-based training solution for equestrians sports
Sophie Stenbeck, Charlotte McAuley, Mark McAuley
and 2 other Investors
Added to Editor's Pick
Zettle (2010, Stockholm, Unfunded)
Payment processing solutions for merchants &
businesses
Added to Editor's Pick
Eurocard (1965, Solna, Unfunded)
Expense management software for businesses
Added to Editor's Pick
Mer (2020, Kristiansand, Unfunded)
Operator of electric vehicle charging stations
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (3/4)
Interesting Companies identified by Analysts in Nordics Tech in May 2021
Nordics Tech: Analyst Picks
13
Added to Editor's Pick
Think Outside (2017, Bergen, Undisclosed, Series A)
Provider of a ground-penetrating radar-based imaging
solution for various industries
Farmhouse Capital, Butterfly Ventures, GoHub and 3
other Investors
Added to Editor's Pick
Oncopeptides (2000, Stockholm, Unfunded)
Developer of drugs for the treatment of cancer
Added to Editor's Pick
FieldSense (2015, Aarhus, Unfunded)
Provider of an AI and cloud-based weather tracking
system for agriculture industries
Added to Editor's Pick
DogTracks (2018, Raa, Unfunded)
Platform offering dog tracking application
Added to Editor's Pick
JABII (2016, Copenhagen, Unfunded)
Provider of an augmented reality-based boxing game
Added to Editor's Pick
BRP Systems (2004, Linkoping, Unfunded)
Cloud-based management software for gyms and
fitness centers
Added to Editor's Pick
Serca Pharmaceuticals (2018, Lysaker, Unfunded)
Developer of a drug for myocardial infarction and heart
failure
Sarsia Seedand
Added to Editor's Pick
Consent Management (2018, Vasteras, Unfunded)
Website consent manager for GDPR compliance
Added to Editor's Pick
Adonis (2020, Etne, Unfunded)
Cloud-based HR and payroll management solution for
enterprises
Added to Editor's Pick
Verified (2012, Oslo, Unfunded)
Electronic signing and authentication solutions
Added to Editor's Pick
RPMAhealthcare (2020, Sonderborg, Unfunded)
Cloud and AI-based remote patient monitoring
solutions
Added to Editor's Pick
PressPort (2002, Koege, Unfunded)
SaaS-driven platform offering diversified solutions for
digital publishing companies
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (4/4)
Interesting Companies identified by Analysts in Nordics Tech in May 2021
Nordics Tech: Analyst Picks
14
Added to Editor's Pick
Corsmed (2016, Stockholm, Unfunded)
Online medical training tool for healthcare
professionals
Added to Editor's Pick
Captego (2018, Aarhus, Unfunded)
Online safety & inspection software for the
construction industry
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
IPO Date Company IPO Mcap Exchange Ticker
21 May 2021
ITAB (1978, Jonkoping, )
Self checkout solutions for offline retailers
LON:0RGW
21 May 2021
SyntheticMR (2007, Linkoping, )
Provides software solutions for Magnetic Resonance Imaging
LON:0G79
20 May 2021
Oatly (1997, Malmo, $233M)
Manufacturer of oats-based beverages and food products
$10.1B NASDAQ:OTLY
19 May 2021
Hexagon (1992, Stockholm, )
Digital conglomerate providing sensor, software and autonomous
solutions
LON:0GRX
07 May 2021
Boliden (1924, Stockholm, )
Mining and smelting company
LON:0YAL
14 May 2021
Betsson Group (1963, Stockholm, )
Operator of multiple online gambling sites
LON:0A37
IPOs
List of IPOs in Nordics Tech in May 2021
Nordics Tech: IPOs
15
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions (1/2)
List of Acquisitions in Nordics Tech in May 2021
Nordics Tech: Acquisitions
16
Acq. Date Company Acquirer Deal Size
10 May 2021
Tatab Hyrservice(1988, Tranas)
Online platform for industrial equipment rentals
Screen Capital
10 May 2021
Teknikutbildarna(1999, Sundsvall)
Electrical courses providers to individuals & business
Trainor
10 May 2021
StormGeo(1997, Bergen)
Provider of decision support for weather sensitive operations
Alfa Laval $435.3M
10 May 2021
Puppyplaats(2013, Stockholm)
Platform offering pet adoption service
petmediagroup.com
11 May 2021
FRAME BREAK(2018, Skovde)
Video game developer focusing on casual games
Amplifier Game Invest
12 May 2021
Redox(2004, Averoey)
Provider of of disinfection solutions to the fishing and aquaculture
industry
Bluefront Equity $18.1M
12 May 2021
FossID(2016, Stockholm)
Provider of open source compliance and security tools
Snyk
14 May 2021
Exerp(1994, Copenhagen)
Member management software for fitness clubs
Clubessential Holdings
17 May 2021
Benemen(2007, Helsinki)
Cloud based telephony services provider
EnReach
18 May 2021
Beemray(2014, Turku)
Provides real-time online and offline behavioral insights
Verve
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions (2/2)
List of Acquisitions in Nordics Tech in May 2021
Nordics Tech: Acquisitions
17
Acq. Date Company Acquirer Deal Size
21 May 2021
Landax(1990, Hamar)
Quality Management Health compliance
ornsoftware.com $11.4M
21 May 2021
glō(2005, Sunnyvale, $161.0M)
Nanotechnology based LED technology provider
Nanosys
24 May 2021
Whalebone(2017, Stockholm)
Cloud-based digital event management solution provider
Bizzabo
26 May 2021
Ryde Technology(2019, Oslo)
App-based electric scooter sharing platform
Equip Capital
27 May 2021
Nordija(1998, Kongens Lyngby)
IPTV and OTT service delivery platform
24i $6.5M
30 May 2021
MedSciNet(1995, Stockholm)
Software suite for clinical trials and studies.
CSAM
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Nordics Tech in May 2021
Nordics Tech:News
18
Exit News
.
● Swedish oat milk brand Oatly prepares Nasdaq IPO Proactive Investors
.
● Sweden fintech Tink buys startup Fintecsystems Business Insider
.
● Kahoot picks up Clever for $500m in latest acquisition Silicon Republic
.
● Oatly gets $10 billion valuation in New York IPO PageOne
.
● EQT Private Equity to sell StormGeo to Alfa Laval EQT
.
● Oprah Winfrey-backed Oatly’s IPO reportedly prices stock at top-of-range
$17/share Seeking Alpha
.
● Broadridge Completes Acquisition of Itiviti Finance Magnates
.
● Smart Eye acquires Affectiva Research Live
.
People News
.
● Rovio appoints VP of marketing Kieran O'Leary to COO Pocket Gamer
.
● Centric Brands Adds To Leadership Team And Board Of Directors SGB Media
● Brand Licensing Software Leader Flowhaven Bolsters North America Sales
Team with Strategic Hires PR Newswire
.
● New members elected to Occlutech's board of directors PR Newswire
.
● Bioretec Announces Scientific Advisory Board Orthopedics
.
● Norwegian biometrics company Zwipe launches in the MENA region ITP
.
● Cavai appoints Matt Gauthier as Sales Director for US division MarTech Series
.
Company News
.
● Transgene and BioInvent Receive IND Approval from the U.S. FDA for BT-001, a
Novel Oncolytic Virus for the Tre... Business Wire
.
● Zealand Pharma receives first FDA approval and prepares for launch of
Zegalogue® (dasiglucagon) injection GlobeNewswire
.
Regulatory News
.
● EU to charge Apple over anti-competitive App Store fees this week AppleInsider
Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
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AI Companies in Nordics
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Company Due Diligence
Detailed profile of Northvolt
Competitors of Tradeshift
Cap Tables of Epidemic Sound
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Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
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Tracxn - Geo - Nordics Tech - May 2021

  • 1. TRACXN MONTHLY REPORT MAY 2021 NORDICS TECH
  • 2. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Contents 2 Nordics Tech Snapshot 3 Investment Snapshot 4 List of Funding Rounds 5 New Investors 8 Top Funded Business Models - last 1 year 10 New Analyst Picks 11 IPOs 15 Acquisitions 16 Recent News 18
  • 3. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Nordics Tech Snapshot – May 2021 Nordics Tech: Snapshot – May 2021 Note : "Investors" refers to "Institutional Investors" only 3 $624M 15 6 Overall Geo Stats 20 16 58 32 26 Funding Rounds $ Invested Analyst Picks Cognite Upgraded to UNICORN New Investors Temasek Maersk Oil Trading Series A+ rounds Active Investors IPOs ITAB SyntheticMR Acquisitions Tatab Hyrservice#@ Teknikutbildarna#@ Top Funding Rounds Top Markets Top Investors Top Cities Monthly Leader Board Stockholm (7 Rounds, $190M) Copenhagen (6 Rounds, $57.1M) Helsinki (2 Rounds, $15.4M) Ekero (1 Rounds, $1.1M) $150M - Series B Cognite (2016, Lysaker, $225M) $110M - Series B Einride (2016, Stockholm, $160M) $100M - Series C Oura (2013, Oulu, $148M) $61.0M - Series D Doktor.se (2016, Stockholm, $122M) EQT Ventures (2 Investments) Temasek (2 Investments) Byfounders (2 Investments) DIG Investment (2 Investments) Digital Twin Cognite Manufacturing Tech Oil & Gas Tech Electric Vehicles Einride Market Size Companies Covered 14,639 Funded Companies 5,644 Total Funding $45.3B Funding in last 12 months $9.9B Top Exits IPOs 348 Acquisitions 1,256 Company Stage Unicorns 5 Soonicorns 78 Minicorns 435 Editor Picks 1,768 Series A+ 1,285 Series C+ 280 Acqui-Hires 3 Deadpooled 1,036 Top Cities Stockholm (1,139 Rounds, $12.7B) Copenhagen (1,116 Rounds, $14.5B) Top Investors Almi Invest (286 Investments) Accelerace (139 Investments)
  • 4. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Investment Snapshot Investment Snapshot of Nordics Tech as of May 2021 Nordics Tech: Investment Snapshot 4 # Rounds $ Funding Investment Trend Top Investments (May 2021)* Cognite (2016, Lysaker, $225M) $150M - Series B TCV Einride (2016, Stockholm, $160M) $110M - Series B Temasek Oura (2013, Oulu, $148M) $100M - Series C Elysian Park Doktor.se (2016, Stockholm, $122M) $61.0M - Series D Consensus Asset Management CytoKi Pharma (2019, Vaerlose, $45.0M) $45.0M - Series A Lundbeck Foundation Contractbook (2015, Copenhagen, $43.6M) $30.0M - Series B Tiger Global Management Fiksua ruoka (2016, Espoo, $23.2M) $23.2M - Series B Verdane Forecast (2016, Copenhagen, $34.1M) $19.0M - Series A Balderton Capital Exeger (2009, Stockholm, $45.1M) $18.0M - Series B Dirac (2001, Uppsala, $41.8M) $17.7M - Series B TIN Fonder Howspace (2008, Helsinki, $14.6M) $14.6M - Series A Forestay Capital *Shows only the lead Investors
  • 5. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (1/3) List of Funding Rounds in Nordics Tech in May 2021 Nordics Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 5 LATE STAGE $61.0M - Series D Doktor.se (2016, Stockholm, $121.8M) Provider of an app for telehealth solutions Consensus Asset Management, Norron, Skabholmen Invest LATE STAGE $100.0M - Series C Oura (2013, Oulu, $148.0M) Provider of the wearable ring for tracking sleep quality and activity Elysian Park, Temasek, JAZZ Venture Partners, Eisai, Bedford Funds, and 9 more EARLY STAGE $4.5M - Series A WaveTouch (2013, London, $10.9M) Developer of pressure-sensitive interactive touch displays EARLY STAGE $11.1M - Series B OnDosis (2017, Gothenburg, $14.5M) Developer of a drug delivery system Aeternum, DIG Investment EARLY STAGE $14.6M - Series A Howspace (2008, Helsinki, $14.6M) AI-based digital collaboration and social learning platform Forestay Capital, Inventure EARLY STAGE $17.7M - Series B Dirac (2001, Uppsala, $41.8M) Provider of digital audio optimization solutions DIG Investment, TIN Fonder EARLY STAGE $18.0M - Series B Exeger (2009, Stockholm, $45.1M) Develops materials to improve cell performance EARLY STAGE $19.0M - Series A Forecast (2016, Copenhagen, $34.1M) Web-based project management platform Balderton Capital, Seed Capital, Heartcore Capital, Crane Venture Partners EARLY STAGE $23.2M - Series B Fiksua ruoka (2016, Espoo, $23.2M) Online retailer offering multi-category packed surplus products Verdane EARLY STAGE $30.0M - Series B Contractbook (2015, Copenhagen, $43.6M) Cloud-based legal contract management solutions proivder Tiger Global Management, Bessemer Venture Partners, Byfounders, Gradient Ventures
  • 6. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (2/3) List of Funding Rounds in Nordics Tech in May 2021 Nordics Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 6 EARLY STAGE $45.0M - Series A CytoKi Pharma (2019, Vaerlose, $45.0M) Developer of therapeutic epithelial based diseases Lundbeck Foundation, Seventure Partners, Ysios Capital EARLY STAGE $110.0M - Series B Einride (2016, Stockholm, $160.4M) Developer of autonomous electric shuttles and freight mobility platform Temasek, Northzone, Maersk Oil Trading, Build Capital Partners, Norrsken VC, and 4 more EARLY STAGE $150.0M - Series B Cognite (2016, Lysaker, $225.0M) Provider of AI-based production data analysis software TCV EARLY STAGE Series A APIM Therapeutics (2009, Trondheim, $3.6M) Develops anti-cancer therapies potentiating chemotherapy induced responses in cancer cells EARLY STAGE Series A MATE (2016, Copenhagen, $11.4M) Developer of electric-bicycles Marcy Venture Partners SEED STAGE $180.7K - Seed kitchengrowth (2020, Stockholm, $180.7K) Platform offering ghost kitchen solution for restaurant industries SEED STAGE $853.4K - Angel Inscripta (2015, Helsinki, $853.4K) Solution for dictation and transcription of medical data Ali Omar, Henry Nilert, Leena Niemistö, Jari Paakkarinen SEED STAGE $982.9K - Seed Ridely (2016, Stockholm, $982.9K) App-based training solution for equestrians sports Almi Invest, Sophie Stenbeck, Charlotte McAuley, Mark McAuley, Per Brilioth SEED STAGE $1.1M - Seed Ridesum (2017, Ekero, $1.1M) Platform offering digital horse training platform Zenith Group, Hooks
  • 7. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (3/3) List of Funding Rounds in Nordics Tech in May 2021 Nordics Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 7 SEED STAGE $2.5M - Seed Defined (2021, , $2.5M) Decentralized network for financial products Version One Ventures, Tiny Capital, , Inflection Ventures, Compound, and 3 more SEED STAGE $2.6M - Seed FRVR (2014, Copenhagen, $5.6M) Game development studio Hiro Capital SEED STAGE $5.5M - Seed Tame (2016, Copenhagen, $7.6M) Event planning and marketing software VF Venture, Byfounders, Mikkel Lomholt, Sune Alstrup, Ulrik Lehrskov Schmidt SEED STAGE $6.1M - Seed Vev (2017, Oslo, $6.6M) SaaS-driven interactive content creation platform EQT Ventures, Skyfall Ventures, Sagene Tech Ventures SEED STAGE Seed Tempo (2017, Copenhagen) Cloud-based platform offering mail management software Boost VC SEED STAGE Seed Corite (1999, Stockholm, $681.7K) Music promotion through fans SEED STAGE Seed Iamip (2013, Stockholm, $2.1M) Cloud-based patent analytics and management software provider Black Pearls
  • 8. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Investors (1/2) List of New Investors in Nordics Tech in May 2021 Nordics Tech: List of New Investors 8 Investor Company Info Round Amount Round Name Temasek 322 portfolio companies | Private equity firm focused on multiple sector Oura Provider of the wearable ring for tracking sleep quality and activity $100M Series C Maersk Oil Trading 14 portfolio companies | Conglomerate providing services to logistics, oil & gas industries Einride Developer of autonomous electric shuttles and freight mobility platform $110M Series B TIN Fonder 4 portfolio companies | Venture capital focused on tech companies Dirac Provider of digital audio optimization solutions $17.73M Series B Aeternum 1 portfolio companies | Aeternum OnDosis Developer of a drug delivery system $11.05M Series B c6e.vc 2 portfolio companies | Capital6 Eagle – Investment as a service Defined Decentralized network for financial products $2.50M Seed Consensus Asset Management 1 portfolio companies | Consensus Asset Management Doktor.se Provider of an app for telehealth solutions $60.96M Series D Tiny Capital 2 portfolio companies | Private equity firm focused on acquisitions Defined Decentralized network for financial products $2.50M Seed Marcy Venture Partners 9 portfolio companies | Venture capital firm investing in consumer businesses MATE Developer of electric-bicycles Undisclosed Series A Build Capital Partners 2 portfolio companies | Sector agnostic accelerator and private equity firm focused on tech companies Einride Developer of autonomous electric shuttles and freight mobility platform $110M Series B JAZZ Venture Partners 35 portfolio companies | Tech & Life Science focused VC firm investing in the US Oura Provider of the wearable ring for tracking sleep quality and activity $100M Series C
  • 9. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Investors (2/2) List of New Investors in Nordics Tech in May 2021 Nordics Tech: List of New Investors 9 Investor Company Info Round Amount Round Name Compound 130 portfolio companies | US focused VC firm Defined Decentralized network for financial products $2.50M Seed Next Ventures 4 portfolio companies | Provider of IT staffing services Oura Provider of the wearable ring for tracking sleep quality and activity $100M Series C Eisai 6 portfolio companies | Developer of drugs for oncology and neurological disorders Oura Provider of the wearable ring for tracking sleep quality and activity $100M Series C one capitall ltd 1 portfolio companies | Welcome To One Capital Oura Provider of the wearable ring for tracking sleep quality and activity $100M Series C hitcomusic.com 1 portfolio companies | Hitco Entertainment Corite Music promotion through fans Undisclosed Seed TCG 15 portfolio companies | Diversified investment management firm Oura Provider of the wearable ring for tracking sleep quality and activity $100M Series C Version One Ventures 76 portfolio companies | Seed & early stage tech-focused VC firm funding companies in the US & Canada Defined Decentralized network for financial products $2.50M Seed Black Pearls 13 portfolio companies | Tech focused seed stage VC firm investing in Poland Iamip Cloud-based patent analytics and management software provider Undisclosed Seed Forestay Capital 13 portfolio companies | VC firm investing in software and data-driven startups Howspace AI-based digital collaboration and social learning platform $14.58M Series A Metaplanet 4 portfolio companies | Investing in founders defining the future | Metaplanet Oura Provider of the wearable ring for tracking sleep quality and activity $100M Series C
  • 10. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Top Funded Business Models - last 1 year * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year. 10 Rank Business Model $ Funding # Rounds Top Funding Round 1 ▲2 Internet First Point of Sale Financing $1.7B 4 Klarna | $1.0B | Series H 2 ▲2 Retail Stores Shopper Purchase Financing $1.7B 4 Klarna | $1.0B | Series H 3 ▼-1 Lithium Ion Batteries $600M 1 Northvolt | $600M | Series C 4 -- Electric Cars $550M 1 Polestar | $550M | Series D 5 ▲1 Food Ordering Platforms $544M 2 Wolt | $536M | Series E 6 ▲32 Music Licensing Marketplace $455M 2 Epidemic Sound | $450M | Series D 7 -- Oil and Gas Analytics Software $225M 2 Cognite | $150M | Series B 8 ▲145 Plant Based Seafood Substitutes $200M 1 Oatly | $200M | Series C 9 ▲1 Open Banking Aggregation APIs $163M 4 Tink | $103M | Series D 10 -- Wine Listing and Recommendation Platforms $155M 1 Vivino | $155M | Series D
  • 11. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (1/4) Interesting Companies identified by Analysts in Nordics Tech in May 2021 Nordics Tech: Analyst Picks 11 Upgraded to UNICORN Cognite (2016, Lysaker, $75.0M, Series A) Provider of AI-based production data analysis software TCV,Acceland Upgraded to SOONICORN Einride (2016, Stockholm, $15.4M, Series A) Developer of autonomous electric shuttles and freight mobility platform Ericsson, KI capital, Plum Alley Investments and 13 other Investors Upgraded to SOONICORN Exeger (2009, Stockholm, $10.0M, Series A) Develops materials to improve cell performance SEK, Fortum, Wallenstam and 10 other Investors Upgraded to MINICORN FRVR (2014, Copenhagen, $3.0M, Seed) Game development studio Hiro Capital, Makers Fund, Paul Heydon and 2 other Investors Upgraded to MINICORN Tame (2016, Copenhagen, $654K, Seed) Event planning and marketing software Tommy Andersen, Ulrik Lehrskov Schmidt, Hampus Jakobsson and 7 other Investors Upgraded to MINICORN Fiksua ruoka (2016, Espoo, $23.2M, Series B) Online retailer offering multi-category packed surplus products Innovestor,Verdane,Prodeko Venturesand Upgraded to MINICORN OnDosis (2017, Gothenburg, $3.4M, Series A) Developer of a drug delivery system University of Gothenburg, Aeternum, Sanner Ventures and 4 other Investors
  • 12. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (2/4) Interesting Companies identified by Analysts in Nordics Tech in May 2021 Nordics Tech: Analyst Picks 12 Upgraded to MINICORN CytoKi Pharma (2019, Vaerlose, $45.0M, Series A) Developer of therapeutic epithelial based diseases Seventure Partners,Ysios Capital,Lundbeck Foundationand Upgraded to MINICORN Howspace (2008, Helsinki, $14.6M, Series A) AI-based digital collaboration and social learning platform Inventure, Red Giraffe Advisors, Forestay Capital and 1 other Investors Upgraded to MINICORN Doktor24 (2016, Stockholm, Unfunded) Digital patient management software for healthcare professionals Added to Editor's Pick Asarina Pharma (2006, Umea, $7.8M, Series A) GABA-A modulating steroid antagonist for premenstrual dysphoric disorder (PMDD) Handelsbanken, Swedbank Robur, Idinvest Partners and 6 other Investors Added to Editor's Pick EpiEndo Pharmaceuticals (2014, Reykjavik, $3.0M, Grant (prize money)) Developer of proprietary therapies for treating chronic respiratory diseases European Union, Brunnur Ventures, Brunnur Ventures and 1 other Investors Added to Editor's Pick Ridesum (2017, Ekero, $1.1M, Seed) Platform offering digital horse training platform Hooks,Zenith Groupand Added to Editor's Pick Apoteket (1970, Solna, Unfunded) Online store for the purchase of medicines and healthcare products Added to Editor's Pick Ridely (2016, Stockholm, $983K, Seed) App-based training solution for equestrians sports Sophie Stenbeck, Charlotte McAuley, Mark McAuley and 2 other Investors Added to Editor's Pick Zettle (2010, Stockholm, Unfunded) Payment processing solutions for merchants & businesses Added to Editor's Pick Eurocard (1965, Solna, Unfunded) Expense management software for businesses Added to Editor's Pick Mer (2020, Kristiansand, Unfunded) Operator of electric vehicle charging stations
  • 13. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (3/4) Interesting Companies identified by Analysts in Nordics Tech in May 2021 Nordics Tech: Analyst Picks 13 Added to Editor's Pick Think Outside (2017, Bergen, Undisclosed, Series A) Provider of a ground-penetrating radar-based imaging solution for various industries Farmhouse Capital, Butterfly Ventures, GoHub and 3 other Investors Added to Editor's Pick Oncopeptides (2000, Stockholm, Unfunded) Developer of drugs for the treatment of cancer Added to Editor's Pick FieldSense (2015, Aarhus, Unfunded) Provider of an AI and cloud-based weather tracking system for agriculture industries Added to Editor's Pick DogTracks (2018, Raa, Unfunded) Platform offering dog tracking application Added to Editor's Pick JABII (2016, Copenhagen, Unfunded) Provider of an augmented reality-based boxing game Added to Editor's Pick BRP Systems (2004, Linkoping, Unfunded) Cloud-based management software for gyms and fitness centers Added to Editor's Pick Serca Pharmaceuticals (2018, Lysaker, Unfunded) Developer of a drug for myocardial infarction and heart failure Sarsia Seedand Added to Editor's Pick Consent Management (2018, Vasteras, Unfunded) Website consent manager for GDPR compliance Added to Editor's Pick Adonis (2020, Etne, Unfunded) Cloud-based HR and payroll management solution for enterprises Added to Editor's Pick Verified (2012, Oslo, Unfunded) Electronic signing and authentication solutions Added to Editor's Pick RPMAhealthcare (2020, Sonderborg, Unfunded) Cloud and AI-based remote patient monitoring solutions Added to Editor's Pick PressPort (2002, Koege, Unfunded) SaaS-driven platform offering diversified solutions for digital publishing companies
  • 14. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (4/4) Interesting Companies identified by Analysts in Nordics Tech in May 2021 Nordics Tech: Analyst Picks 14 Added to Editor's Pick Corsmed (2016, Stockholm, Unfunded) Online medical training tool for healthcare professionals Added to Editor's Pick Captego (2018, Aarhus, Unfunded) Online safety & inspection software for the construction industry
  • 15. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. IPO Date Company IPO Mcap Exchange Ticker 21 May 2021 ITAB (1978, Jonkoping, ) Self checkout solutions for offline retailers LON:0RGW 21 May 2021 SyntheticMR (2007, Linkoping, ) Provides software solutions for Magnetic Resonance Imaging LON:0G79 20 May 2021 Oatly (1997, Malmo, $233M) Manufacturer of oats-based beverages and food products $10.1B NASDAQ:OTLY 19 May 2021 Hexagon (1992, Stockholm, ) Digital conglomerate providing sensor, software and autonomous solutions LON:0GRX 07 May 2021 Boliden (1924, Stockholm, ) Mining and smelting company LON:0YAL 14 May 2021 Betsson Group (1963, Stockholm, ) Operator of multiple online gambling sites LON:0A37 IPOs List of IPOs in Nordics Tech in May 2021 Nordics Tech: IPOs 15
  • 16. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Acquisitions (1/2) List of Acquisitions in Nordics Tech in May 2021 Nordics Tech: Acquisitions 16 Acq. Date Company Acquirer Deal Size 10 May 2021 Tatab Hyrservice(1988, Tranas) Online platform for industrial equipment rentals Screen Capital 10 May 2021 Teknikutbildarna(1999, Sundsvall) Electrical courses providers to individuals & business Trainor 10 May 2021 StormGeo(1997, Bergen) Provider of decision support for weather sensitive operations Alfa Laval $435.3M 10 May 2021 Puppyplaats(2013, Stockholm) Platform offering pet adoption service petmediagroup.com 11 May 2021 FRAME BREAK(2018, Skovde) Video game developer focusing on casual games Amplifier Game Invest 12 May 2021 Redox(2004, Averoey) Provider of of disinfection solutions to the fishing and aquaculture industry Bluefront Equity $18.1M 12 May 2021 FossID(2016, Stockholm) Provider of open source compliance and security tools Snyk 14 May 2021 Exerp(1994, Copenhagen) Member management software for fitness clubs Clubessential Holdings 17 May 2021 Benemen(2007, Helsinki) Cloud based telephony services provider EnReach 18 May 2021 Beemray(2014, Turku) Provides real-time online and offline behavioral insights Verve
  • 17. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Acquisitions (2/2) List of Acquisitions in Nordics Tech in May 2021 Nordics Tech: Acquisitions 17 Acq. Date Company Acquirer Deal Size 21 May 2021 Landax(1990, Hamar) Quality Management Health compliance ornsoftware.com $11.4M 21 May 2021 glō(2005, Sunnyvale, $161.0M) Nanotechnology based LED technology provider Nanosys 24 May 2021 Whalebone(2017, Stockholm) Cloud-based digital event management solution provider Bizzabo 26 May 2021 Ryde Technology(2019, Oslo) App-based electric scooter sharing platform Equip Capital 27 May 2021 Nordija(1998, Kongens Lyngby) IPTV and OTT service delivery platform 24i $6.5M 30 May 2021 MedSciNet(1995, Stockholm) Software suite for clinical trials and studies. CSAM
  • 18. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Recent News (1/2) Recent News in Nordics Tech in May 2021 Nordics Tech:News 18 Exit News . ● Swedish oat milk brand Oatly prepares Nasdaq IPO Proactive Investors . ● Sweden fintech Tink buys startup Fintecsystems Business Insider . ● Kahoot picks up Clever for $500m in latest acquisition Silicon Republic . ● Oatly gets $10 billion valuation in New York IPO PageOne . ● EQT Private Equity to sell StormGeo to Alfa Laval EQT . ● Oprah Winfrey-backed Oatly’s IPO reportedly prices stock at top-of-range $17/share Seeking Alpha . ● Broadridge Completes Acquisition of Itiviti Finance Magnates . ● Smart Eye acquires Affectiva Research Live . People News . ● Rovio appoints VP of marketing Kieran O'Leary to COO Pocket Gamer . ● Centric Brands Adds To Leadership Team And Board Of Directors SGB Media ● Brand Licensing Software Leader Flowhaven Bolsters North America Sales Team with Strategic Hires PR Newswire . ● New members elected to Occlutech's board of directors PR Newswire . ● Bioretec Announces Scientific Advisory Board Orthopedics . ● Norwegian biometrics company Zwipe launches in the MENA region ITP . ● Cavai appoints Matt Gauthier as Sales Director for US division MarTech Series . Company News . ● Transgene and BioInvent Receive IND Approval from the U.S. FDA for BT-001, a Novel Oncolytic Virus for the Tre... Business Wire . ● Zealand Pharma receives first FDA approval and prepares for launch of Zegalogue® (dasiglucagon) injection GlobeNewswire . Regulatory News . ● EU to charge Apple over anti-competitive App Store fees this week AppleInsider
  • 19. Nordics Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Explore more on Tracxn Explore more about Nordics Tech on Tracxn Platform Nordics Tech: Explore more on Tracxn Platform 19 Companies Recent Companies Covered Funded Companies Editor's Pick Soonicorn Club SaaS Companies in Nordics AI Companies in Nordics Fintech Companies Nordics Consumer Digital in Nordics Company Due Diligence Detailed profile of Northvolt Competitors of Tradeshift Cap Tables of Epidemic Sound Investment Activity Recent Investments Investment Trend of last 10 years Mega Investments Rounds Investors Most Active Investors Most Active Angel Investors Unicorn Investors Exits IPO'd Companies Recent Acquisitions Most Active Acquirers Recent Acquihires News & Events Recent News News on People News on Unicorns Upcoming Events Library Recent Reports Tracxn Blog Global Sector Landscape
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