Northzone Ventures

Northzone Ventures is a London-based venture capital investment firm founded in 1996. It operates across Europe and the United States, focusing on a diverse range of industries, including healthcare, semiconductors, software, hardware, artificial intelligence, blockchain, and gaming. With a strong emphasis on partnering with entrepreneurs, Northzone has raised over €1.5 billion and has a notable track record of collaborating with the founders of successful companies such as Spotify and Klarna. The firm maintains a presence in the Nordics, London, and New York, allowing it to connect its portfolio companies with customers, business partners, and talent on a global scale.

Alexander Agureev

Vice President

Torleif Ahlsand

General Partner

Molly Alter

Principal

Tomas Bennich

Venture Partner

Nick Boesel

Associate

Harriet Hamblin

Vice President

Jackson Heddy

CFO

Michiel Kotting

General Partner

Sanjot Malhi

Partner

Manavi Mehra

Vice President

Naseem Moumene

Associate

Michelle Nacouzi

Vice President

Christoffer Norman

Investment Manager

Hans Otterling

General Partner

Kilian Pender

Partner

Par-Jorgen Parson

General Partner

Deepka Rana

Investment Manager

Wendy Xiao

Partner

Jessica Schultz

Partner

Marta Sjogren

Partner

Bjorn Stray

Partner

Past deals in Nordic Europe

Anyfin

Series C in 2023
Anyfin is a financial technology company headquartered in Stockholm, Sweden, that focuses on helping individuals improve their financial situations. Founded in 2018, it offers a loan refinancing platform that enables users to refinance existing loans by taking a photograph, simplifying the process. The company utilizes publicly available consumer data, artificial intelligence, and mobile technology to assist clients with good credit ratings in obtaining better terms and lower interest rates on their loans without extending the repayment period. In addition to refinancing, Anyfin has expanded its services to include features that help users track subscriptions and manage their finances more effectively. The company is committed to providing fair and transparent financial services, ensuring that users only receive offers that genuinely improve their financial circumstances.

Depict

Series A in 2022
Depict.ai, founded in 2019 and based in Stockholm, Sweden, develops a product recommendation engine aimed at enhancing e-commerce stores' capabilities. The software is designed to provide high-quality product recommendations comparable to those of major retailers, enabling smaller businesses to enhance their digital storefronts and compete effectively in the market. By democratizing access to advanced recommendation technology, Depict.ai allows clients to increase their overall revenue without the need for extensive sales data. This empowers brands to present their unique stories and identities more effectively, ultimately supporting their growth in a competitive landscape.

Matsmart

Series C in 2021
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.

Anyfin

Series B in 2021
Anyfin is a financial technology company headquartered in Stockholm, Sweden, that focuses on helping individuals improve their financial situations. Founded in 2018, it offers a loan refinancing platform that enables users to refinance existing loans by taking a photograph, simplifying the process. The company utilizes publicly available consumer data, artificial intelligence, and mobile technology to assist clients with good credit ratings in obtaining better terms and lower interest rates on their loans without extending the repayment period. In addition to refinancing, Anyfin has expanded its services to include features that help users track subscriptions and manage their finances more effectively. The company is committed to providing fair and transparent financial services, ensuring that users only receive offers that genuinely improve their financial circumstances.

Labster

Series C in 2021
Labster is a company that specializes in creating virtual laboratory simulations to enhance science education for students. Founded in 2011 in Copenhagen, Denmark, Labster's platform utilizes mathematical algorithms to deliver immersive, interactive 3D learning experiences that include molecular animations, quizzes, and theoretical background. These simulations are designed to engage students in a game-like environment, facilitating both theoretical and experimental learning. Labster's innovative approach aims to improve educational outcomes while significantly reducing costs compared to traditional laboratory methods. By focusing on scalable online tools for teaching life sciences, Labster is committed to transforming science education and making it accessible to a global audience.

Depict

Seed Round in 2020
Depict.ai, founded in 2019 and based in Stockholm, Sweden, develops a product recommendation engine aimed at enhancing e-commerce stores' capabilities. The software is designed to provide high-quality product recommendations comparable to those of major retailers, enabling smaller businesses to enhance their digital storefronts and compete effectively in the market. By democratizing access to advanced recommendation technology, Depict.ai allows clients to increase their overall revenue without the need for extensive sales data. This empowers brands to present their unique stories and identities more effectively, ultimately supporting their growth in a competitive landscape.

Labster

Venture Round in 2020
Labster is a company that specializes in creating virtual laboratory simulations to enhance science education for students. Founded in 2011 in Copenhagen, Denmark, Labster's platform utilizes mathematical algorithms to deliver immersive, interactive 3D learning experiences that include molecular animations, quizzes, and theoretical background. These simulations are designed to engage students in a game-like environment, facilitating both theoretical and experimental learning. Labster's innovative approach aims to improve educational outcomes while significantly reducing costs compared to traditional laboratory methods. By focusing on scalable online tools for teaching life sciences, Labster is committed to transforming science education and making it accessible to a global audience.

Matsmart

Venture Round in 2019
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.

HappyOrNot

Series B in 2019
HappyOrNot Ltd. is a Finnish company founded in 2009, specializing in customer and employee satisfaction analytics. It has developed a widely recognized feedback system known as the 'Smiley' feedback system, which includes various wireless devices such as the Smiley Terminal, Smiley Touch, Web Smileys, and Smiley Wall. These devices gather instant feedback from customers in diverse settings, including retail, transportation, healthcare, and education. With over 25,000 Smiley Terminals installed globally, HappyOrNot serves more than 4,000 clients across 117 countries, providing valuable insights that enable organizations to enhance their service delivery. The company’s feedback data is visualized on a four-point scale, helping businesses make informed decisions based on actual customer and employee experiences. HappyOrNot is headquartered in Tampere, Finland, with additional offices in several countries and a global reseller network, making it a key player in the field of customer experience management.

Anyfin

Series A in 2019
Anyfin is a financial technology company headquartered in Stockholm, Sweden, that focuses on helping individuals improve their financial situations. Founded in 2018, it offers a loan refinancing platform that enables users to refinance existing loans by taking a photograph, simplifying the process. The company utilizes publicly available consumer data, artificial intelligence, and mobile technology to assist clients with good credit ratings in obtaining better terms and lower interest rates on their loans without extending the repayment period. In addition to refinancing, Anyfin has expanded its services to include features that help users track subscriptions and manage their finances more effectively. The company is committed to providing fair and transparent financial services, ensuring that users only receive offers that genuinely improve their financial circumstances.

Kitab Sawti

Private Equity Round in 2019
Kitab Sawti AB is an Arabic audio entertainment service that specializes in producing and distributing audiobooks and podcasts through its mobile applications. Founded in 2016 and based in Stockholm, Sweden, the company aims to promote the reading and appreciation of Arabic literature. Kitab Sawti collaborates with authors, publishers, and libraries to secure exclusive copyrights, thereby facilitating access to a wide range of Arabic literary content for a global audience. The platform offers features that allow users to easily find and listen to audiobooks, enhancing their engagement with Arabic language and literature. As of July 2020, Kitab Sawti AB operates as a subsidiary of Storytel AB.

Labster

Series B in 2019
Labster is a company that specializes in creating virtual laboratory simulations to enhance science education for students. Founded in 2011 in Copenhagen, Denmark, Labster's platform utilizes mathematical algorithms to deliver immersive, interactive 3D learning experiences that include molecular animations, quizzes, and theoretical background. These simulations are designed to engage students in a game-like environment, facilitating both theoretical and experimental learning. Labster's innovative approach aims to improve educational outcomes while significantly reducing costs compared to traditional laboratory methods. By focusing on scalable online tools for teaching life sciences, Labster is committed to transforming science education and making it accessible to a global audience.

Trustpilot

Series E in 2019
Trustpilot is a global review platform that enables consumers to share and discover reviews of businesses, fostering a transparent marketplace. With over 58 million reviews covering more than 270,000 domains, it serves as a valuable resource for individuals making purchasing decisions. The platform offers companies tools to harness consumer feedback, aiming to enhance customer experiences and drive business improvement. Trustpilot's reviews attract over 3 billion views monthly from users worldwide, reflecting its significant reach and influence. Headquartered in multiple cities, including Copenhagen, London, and New York, Trustpilot employs around 700 individuals from diverse backgrounds, emphasizing its commitment to a multicultural work environment. The company's mission is to bridge the gap between consumers and businesses, ultimately creating better experiences for all stakeholders involved.

Anyfin

Series A in 2018
Anyfin is a financial technology company headquartered in Stockholm, Sweden, that focuses on helping individuals improve their financial situations. Founded in 2018, it offers a loan refinancing platform that enables users to refinance existing loans by taking a photograph, simplifying the process. The company utilizes publicly available consumer data, artificial intelligence, and mobile technology to assist clients with good credit ratings in obtaining better terms and lower interest rates on their loans without extending the repayment period. In addition to refinancing, Anyfin has expanded its services to include features that help users track subscriptions and manage their finances more effectively. The company is committed to providing fair and transparent financial services, ensuring that users only receive offers that genuinely improve their financial circumstances.

Zervant

Series B in 2018
Zervant is a company based in Espoo, Finland, founded in 2010, that specializes in providing an online invoicing platform tailored for micro enterprises across Europe. The platform caters to sole traders and small businesses, offering features such as e-invoicing, postal invoicing, payment reminders, time tracking, and payment scheduling. By automating the invoicing process, Zervant helps its clients enhance efficiency in managing their financial operations. The company's core markets include Finland, Sweden, the UK, France, Germany, Belgium, and Austria.

Matsmart

Venture Round in 2018
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.

HappyOrNot

Series A in 2017
HappyOrNot Ltd. is a Finnish company founded in 2009, specializing in customer and employee satisfaction analytics. It has developed a widely recognized feedback system known as the 'Smiley' feedback system, which includes various wireless devices such as the Smiley Terminal, Smiley Touch, Web Smileys, and Smiley Wall. These devices gather instant feedback from customers in diverse settings, including retail, transportation, healthcare, and education. With over 25,000 Smiley Terminals installed globally, HappyOrNot serves more than 4,000 clients across 117 countries, providing valuable insights that enable organizations to enhance their service delivery. The company’s feedback data is visualized on a four-point scale, helping businesses make informed decisions based on actual customer and employee experiences. HappyOrNot is headquartered in Tampere, Finland, with additional offices in several countries and a global reseller network, making it a key player in the field of customer experience management.

Labster

Series A in 2017
Labster is a company that specializes in creating virtual laboratory simulations to enhance science education for students. Founded in 2011 in Copenhagen, Denmark, Labster's platform utilizes mathematical algorithms to deliver immersive, interactive 3D learning experiences that include molecular animations, quizzes, and theoretical background. These simulations are designed to engage students in a game-like environment, facilitating both theoretical and experimental learning. Labster's innovative approach aims to improve educational outcomes while significantly reducing costs compared to traditional laboratory methods. By focusing on scalable online tools for teaching life sciences, Labster is committed to transforming science education and making it accessible to a global audience.

Matsmart

Venture Round in 2017
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.

Matsmart

Venture Round in 2016
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.

iZettle

Series D in 2016
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications for small businesses and entrepreneurs. Founded in 2010, iZettle revolutionized the market by introducing the first mini chip card reader designed for smartphones and tablets, enabling seamless payment processing. The company offers a range of products, including the iZettle Card Reader Lite, along with software that enhances payment speed, business management, sales analytics, customer engagement, and funding solutions. iZettle serves a diverse clientele across various countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of September 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.

Zervant

Series A in 2016
Zervant is a company based in Espoo, Finland, founded in 2010, that specializes in providing an online invoicing platform tailored for micro enterprises across Europe. The platform caters to sole traders and small businesses, offering features such as e-invoicing, postal invoicing, payment reminders, time tracking, and payment scheduling. By automating the invoicing process, Zervant helps its clients enhance efficiency in managing their financial operations. The company's core markets include Finland, Sweden, the UK, France, Germany, Belgium, and Austria.

Outfittery

Series E in 2016
Outfittery provides an online personal shopping service for men. OUTFITTERY’s mission is to take the pain out of shopping for men – as an online version of the “personal shopping”.Their personal style experts put together two or three outfits for each of their customers based on their preferences and personality from a range of top brands. Each customer is served and advised personally after a first online contact and an (optional) phone call. They keep the range of clothes constantly up to date by looking for the most interesting men´s fashion brands and the best items of popular designers worldwide.Their service is free and the individually selected items are sent to their customers free of charge. Customers only pay for the pieces that they want to keep in their wardrobe and feel comfortable in. OUTFITTERY today is the pioneer and market leader in curated shopping for men in Europe, shipping to eight countries (Germany, Austria, Switzerland, Netherlands, Belgium, Luxemburg, Sweden and Denmark).

Supponor

Series B in 2016
Supponor is a sports media and technology company that specializes in virtual perimeter advertising for live sports broadcasts. Its proprietary DBRLive technology allows for the replacement of traditional advertising with dynamic digital content tailored to specific audiences, ensuring that viewers see relevant pitch-side advertisements during events. The company operates a robust media platform that integrates seamlessly with live broadcasts, enhancing the value of perimeter billboard inventory for rights holders and creating targeted marketing opportunities for brands. Headquartered in the UK, Supponor collaborates with local partners at sporting events worldwide, while its research and development team in Finland continually enhances the technology behind DBRLive. The company is privately held, with ownership shared among management, private investors, and venture capital funds.

Matsmart

Venture Round in 2015
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.

iZettle

Series D in 2015
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications for small businesses and entrepreneurs. Founded in 2010, iZettle revolutionized the market by introducing the first mini chip card reader designed for smartphones and tablets, enabling seamless payment processing. The company offers a range of products, including the iZettle Card Reader Lite, along with software that enhances payment speed, business management, sales analytics, customer engagement, and funding solutions. iZettle serves a diverse clientele across various countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of September 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.

Spotify

Series G in 2015
Spotify Limited is a leading digital music-streaming service that offers users on-demand access to a vast library of songs across various devices, including computers, mobile phones, and home entertainment systems. Founded in 2006 and headquartered in Stockholm, Sweden, Spotify allows users to search for and discover music from friends, artists, and celebrities, while also enabling them to create, share, and edit playlists collaboratively. The platform includes features like personalized recommendations and radio playlists based on users' listening habits. Spotify operates on a freemium model, with revenue generated primarily from its premium subscription service and a secondary ad-supported service. As of 2023, the company boasts 602 million monthly active users, with a significant portion of its revenue derived from subscriptions. Additionally, Spotify provides tools for artists to promote their music through advertising and social media integration.

Trustpilot

Series D in 2015
Trustpilot is a global review platform that enables consumers to share and discover reviews of businesses, fostering a transparent marketplace. With over 58 million reviews covering more than 270,000 domains, it serves as a valuable resource for individuals making purchasing decisions. The platform offers companies tools to harness consumer feedback, aiming to enhance customer experiences and drive business improvement. Trustpilot's reviews attract over 3 billion views monthly from users worldwide, reflecting its significant reach and influence. Headquartered in multiple cities, including Copenhagen, London, and New York, Trustpilot employs around 700 individuals from diverse backgrounds, emphasizing its commitment to a multicultural work environment. The company's mission is to bridge the gap between consumers and businesses, ultimately creating better experiences for all stakeholders involved.

Outfittery

Series C in 2015
Outfittery provides an online personal shopping service for men. OUTFITTERY’s mission is to take the pain out of shopping for men – as an online version of the “personal shopping”.Their personal style experts put together two or three outfits for each of their customers based on their preferences and personality from a range of top brands. Each customer is served and advised personally after a first online contact and an (optional) phone call. They keep the range of clothes constantly up to date by looking for the most interesting men´s fashion brands and the best items of popular designers worldwide.Their service is free and the individually selected items are sent to their customers free of charge. Customers only pay for the pieces that they want to keep in their wardrobe and feel comfortable in. OUTFITTERY today is the pioneer and market leader in curated shopping for men in Europe, shipping to eight countries (Germany, Austria, Switzerland, Netherlands, Belgium, Luxemburg, Sweden and Denmark).

Vionlabs

Seed Round in 2015
Vionlabs AB is a technology company based in Stockholm, Sweden, with an additional office in Barcelona, Spain, that focuses on developing digital ecosystems for carriers, cable networks, and internet providers across Scandinavia, Europe, and the Middle East. The company specializes in advanced AI-driven solutions designed to enhance content discovery, user engagement, and content management in the media and entertainment industry. Its offerings include MMDb, an application that helps users discover music through movies, as well as digital ecosystems for online film and TV distribution, such as those developed for Tele 2 in Sweden and Latvia. Vionlabs also provides atflick, a social video-on-demand service. By utilizing multi-layered deep learning and content analysis, Vionlabs aims to deliver personalized viewing experiences, streamline content workflows, and improve overall viewer satisfaction for streaming services and broadcasters.

AllUnite

Series A in 2014
AllUnite is a global advertising technology platform founded in 2013 in Copenhagen, Denmark, by entrepreneurs Esben Elmoe and Kasper Gevaldig. The company specializes in audience measurement for out-of-home advertising, providing a comprehensive solution that includes hardware and technology for data collection, processing, and analysis. AllUnite's platform enables advertising firms and media agencies to measure, forecast, and target audiences effectively in various locations such as stores, cinemas, airports, and shopping centers. Additionally, it offers features for traffic and conversion rate measurement, re-targeting, and customer profiling, which help businesses deliver personalized advertisements to potential customers in close proximity to their locations.

Spotify

Secondary Market in 2014
Spotify Limited is a leading digital music-streaming service that offers users on-demand access to a vast library of songs across various devices, including computers, mobile phones, and home entertainment systems. Founded in 2006 and headquartered in Stockholm, Sweden, Spotify allows users to search for and discover music from friends, artists, and celebrities, while also enabling them to create, share, and edit playlists collaboratively. The platform includes features like personalized recommendations and radio playlists based on users' listening habits. Spotify operates on a freemium model, with revenue generated primarily from its premium subscription service and a secondary ad-supported service. As of 2023, the company boasts 602 million monthly active users, with a significant portion of its revenue derived from subscriptions. Additionally, Spotify provides tools for artists to promote their music through advertising and social media integration.

iZettle

Series C in 2014
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications for small businesses and entrepreneurs. Founded in 2010, iZettle revolutionized the market by introducing the first mini chip card reader designed for smartphones and tablets, enabling seamless payment processing. The company offers a range of products, including the iZettle Card Reader Lite, along with software that enhances payment speed, business management, sales analytics, customer engagement, and funding solutions. iZettle serves a diverse clientele across various countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of September 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.

Boomlagoon

Series A in 2014
Boomlagoon, based in Helsinki, Finland, is a mobile game developer that specializes in creating character-driven, free-to-play multiplayer games across various platforms. The company comprises experienced professionals from renowned game studios, including Rovio and Remedy, which contributes to its strong understanding of mobile gaming. Boomlagoon has received multiple Editor’s Choice awards and has been recognized globally for its innovative games, which feature diverse gameplay mechanics and engaging experiences that attract and retain players.

Footway

Series A in 2014
Footway is an online shoe retailer headquartered in Kista, Sweden. The company operates a platform with specialized online stores, offering a diverse selection of approximately 800 brands, including well-known names such as Nike, Adidas, Converse, and Dr. Martens. Footway serves around 2 million customers across approximately 24 markets, providing a wide range of footwear options tailored to various preferences and needs.

mCASH

Series A in 2014
mCASH is a Norwegian startup company that has developed a unique payment service. It's based on a new infrastructure connecting banks, merchants and consumers for instant smart mobile payments. mCASH increases revenue for banks, enables multi channel sales and data services for merchants while providing an award winning user experience.

Trustpilot

Series C in 2014
Trustpilot is a global review platform that enables consumers to share and discover reviews of businesses, fostering a transparent marketplace. With over 58 million reviews covering more than 270,000 domains, it serves as a valuable resource for individuals making purchasing decisions. The platform offers companies tools to harness consumer feedback, aiming to enhance customer experiences and drive business improvement. Trustpilot's reviews attract over 3 billion views monthly from users worldwide, reflecting its significant reach and influence. Headquartered in multiple cities, including Copenhagen, London, and New York, Trustpilot employs around 700 individuals from diverse backgrounds, emphasizing its commitment to a multicultural work environment. The company's mission is to bridge the gap between consumers and businesses, ultimately creating better experiences for all stakeholders involved.

Mojn

Secondary Market in 2014
Mojn Ltd. is a company based in Copenhagen, Denmark, that specializes in enhancing e-commerce businesses' customer engagement through personalized email communications. Founded in 2013, Mojn offers a platform that integrates with existing email providers to facilitate the automatic insertion of tailored email templates for specific user segments. This service enables businesses to effectively re-target potential customers who have created accounts but have not completed purchases, by sending personalized emails based on individual profiles and previously viewed products. As of December 2015, Mojn operates as a subsidiary of LiveIntent Inc.

Trustpilot

Series B in 2012
Trustpilot is a global review platform that enables consumers to share and discover reviews of businesses, fostering a transparent marketplace. With over 58 million reviews covering more than 270,000 domains, it serves as a valuable resource for individuals making purchasing decisions. The platform offers companies tools to harness consumer feedback, aiming to enhance customer experiences and drive business improvement. Trustpilot's reviews attract over 3 billion views monthly from users worldwide, reflecting its significant reach and influence. Headquartered in multiple cities, including Copenhagen, London, and New York, Trustpilot employs around 700 individuals from diverse backgrounds, emphasizing its commitment to a multicultural work environment. The company's mission is to bridge the gap between consumers and businesses, ultimately creating better experiences for all stakeholders involved.

iZettle

Series B in 2012
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications for small businesses and entrepreneurs. Founded in 2010, iZettle revolutionized the market by introducing the first mini chip card reader designed for smartphones and tablets, enabling seamless payment processing. The company offers a range of products, including the iZettle Card Reader Lite, along with software that enhances payment speed, business management, sales analytics, customer engagement, and funding solutions. iZettle serves a diverse clientele across various countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of September 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.

Trustpilot

Series A in 2011
Trustpilot is a global review platform that enables consumers to share and discover reviews of businesses, fostering a transparent marketplace. With over 58 million reviews covering more than 270,000 domains, it serves as a valuable resource for individuals making purchasing decisions. The platform offers companies tools to harness consumer feedback, aiming to enhance customer experiences and drive business improvement. Trustpilot's reviews attract over 3 billion views monthly from users worldwide, reflecting its significant reach and influence. Headquartered in multiple cities, including Copenhagen, London, and New York, Trustpilot employs around 700 individuals from diverse backgrounds, emphasizing its commitment to a multicultural work environment. The company's mission is to bridge the gap between consumers and businesses, ultimately creating better experiences for all stakeholders involved.

Asetek

Venture Round in 2009
Asetek is a leading provider of energy-efficient liquid cooling systems designed for data centers, servers, workstations, and high-performance PCs. The company specializes in innovative cooling technology aimed at reducing power consumption and greenhouse gas emissions while minimizing acoustic noise and maximizing performance. With over 1.3 million units deployed globally, Asetek's patented all-in-one liquid cooling solutions are utilized by original equipment manufacturers and channel partners worldwide. The company's offerings also cater to DIY enthusiasts through partnerships with notable brands. Founded in 2000 and headquartered in San Jose, California, Asetek has established a significant international presence, with offices in Denmark, China, and Taiwan, and generates the majority of its revenue from the Asia region, followed by the Americas.

Tobii

Series B in 2009
Tobii is a Swedish company specializing in eye tracking technology, which detects eye orientation to determine where a person is looking. Founded in 2001 and headquartered in Danderyd, Sweden, Tobii operates through three main business units: Tobii Dynavox, which offers assistive communication technology; Tobii Pro, which provides eye-tracking solutions and services for behavioral research; and Tobii Tech, which develops eye-tracking components and platforms for various applications. The company holds the world's largest portfolio of eye tracking patents, encompassing essential aspects of hardware design, algorithms, and user experience. Tobii's innovations aim to expand the use of eye tracking in fields such as human-computer interaction, design testing, and medical diagnostics. Its operations extend across Sweden, Europe, the United States, and Asia, with the majority of its revenue generated in the United States.

PlayDo

Venture Round in 2008
PlayDo AB is a creative gaming studio based in Stockholm, Sweden, founded in 1999. The company specializes in developing online games for young players, focusing on social multiplayer experiences. Its flagship offering, Spineworld, is a massively multiplayer online (MMO) game that allows users to engage in virtual worlds. PlayDo emphasizes high safety and security standards in its gaming platform, ensuring a secure environment for users of all ages to enjoy 2D and 3D games.

Wiral Internet Group

Series B in 2008
Wiral Internet Group AB develops and owns Web applications. It also owns PriceRunner, a price-comparison site; and TestFreaks, a consumer product review site, which aggregates and presents data on specific products from professional reviews, user reviews, video reviews, blogs, and forums. In addition, the company has ownership interest in Buzzador, a word-of-mouth marketing company. Wiral Internet Group AB was founded in 2006 and is based in Stockholm, Sweden.

Spotify

Series A in 2008
Spotify Limited is a leading digital music-streaming service that offers users on-demand access to a vast library of songs across various devices, including computers, mobile phones, and home entertainment systems. Founded in 2006 and headquartered in Stockholm, Sweden, Spotify allows users to search for and discover music from friends, artists, and celebrities, while also enabling them to create, share, and edit playlists collaboratively. The platform includes features like personalized recommendations and radio playlists based on users' listening habits. Spotify operates on a freemium model, with revenue generated primarily from its premium subscription service and a secondary ad-supported service. As of 2023, the company boasts 602 million monthly active users, with a significant portion of its revenue derived from subscriptions. Additionally, Spotify provides tools for artists to promote their music through advertising and social media integration.

GoHello

Venture Round in 2007
Speakanet A/S is the Award winning technology company behind GoHello. The company was founded in 2001 in Copenhagen, Denmark, by two Telecoms specialists who realised that the mobile telecommunications sector was both stagnant yet ready for massive disruption. The company is headquartered in Copenhagen, Denmark, with staff in London, UK and Prague, Czech Republic. The company was hailed best Start-up in Ernst & Young's prestigious Entrepreneur Of The Year (2005) competition.

ChapDrive

Venture Round in 2007
ChapDrive is a venture technology company located in Trondheim, Norway. ChapDrive offers a gearless technology for wind turbines based on a patented high efficiency hydraulic drivetrain with high-voltage synchronous generator. ChapDrive’s solution has no mechanical gearbox, no frequency converter, no transformer and no permanent magnets. Benefits are lower top weight, fewer critical components and improved reliability leading to reduced capital expenditure and operating expense and thus reduced cost of energy. ChapDrive has installed, optimized and operated two wind turbines with hydraulic transmission to verify the business potential of the concept. With a strong management team and a staff of 20 competent and dedicated employees ChapDrive is now entering the stage of the commercialization where it is ready to invite partners to finalize development of commercial products and offer the wind industry a unique solution to existing challenges. ChapDrive has its headquarter and workshop in Trondheim, Norway, a test site at Valsnes close to Trondheim, a subsidiary in Silkeborg, Denmark and a representation in Hong Kong, China.

T-VIPS

Series B in 2007
T-VIPS AS is a technology company specializing in video transport solutions for the Internet Protocol (IP) markets. Established in 2004 and headquartered in Oslo, Norway, with a subsidiary in Greenwich, Connecticut, T-VIPS focuses on the transportation of live broadcast signals. The company offers a comprehensive suite of products, including video gateways, processing and multiplexing processors, and monitoring and switching equipment. Additionally, T-VIPS provides management solutions for remote monitoring and control of video transport over IP networks, along with services for contribution, terrestrial networks, mobile TV, and IPTV applications. Their offerings cater to a variety of needs, such as broadcast contribution, studio-to-studio media exchange, and live event coverage, among others. T-VIPS also offers technical support, training, network planning, and integration services to enhance client operations in the professional video industry.

Interse

Venture Round in 2007
Interse A/S is a software company that serves the consulting, legal, tax and auditing, life science and biotech, defense and high-tech, public sector, and investment banking industries. It offers iBox, which models and classifies metadata, as well as operates as metadata and free text search and navigation engine. The company's solutions include iBox enterprise search for free text, metadata, synonyms, hierarchies and relations in repositories; iBox SharePoint solution for enhancing collaboration and information re-use in SharePoint; and iBox enterprise classifier, an integrated metadata management and classification tool that provides metadata across enterprise-wide systems. Interse operates in Europe and North America. Interse A/S is based in Copenhagen, Denmark

Asetek

Venture Round in 2005
Asetek is a leading provider of energy-efficient liquid cooling systems designed for data centers, servers, workstations, and high-performance PCs. The company specializes in innovative cooling technology aimed at reducing power consumption and greenhouse gas emissions while minimizing acoustic noise and maximizing performance. With over 1.3 million units deployed globally, Asetek's patented all-in-one liquid cooling solutions are utilized by original equipment manufacturers and channel partners worldwide. The company's offerings also cater to DIY enthusiasts through partnerships with notable brands. Founded in 2000 and headquartered in San Jose, California, Asetek has established a significant international presence, with offices in Denmark, China, and Taiwan, and generates the majority of its revenue from the Asia region, followed by the Americas.

The Qt Company

Series B in 2005
The Qt Company develops and delivers the Qt development framework under commercial and open source licenses. We enable the reuse of software code across all operating systems, platforms and screen types, from desktops and embedded systems to wearables and mobile devices. Qt is used by approximately one million developers worldwide and is the leading independent technology behind millions of devices and applications. Qt is the platform of choice for in-vehicle systems, industrial automation devices, and other business critical application manufacturers, and is used by leading global players in more than 70 industries. The Qt Company is owned by the Qt Group, which operates in China, Finland, Germany, Japan, Korea, Norway, Russia and USA with more than 200 employees worldwide. The Qt Group is headquartered in Espoo, Finland and is listed on Nasdaq Helsinki Stock Exchange. The company’s net sales in year 2015 was 27 MEUR. To learn more visit http://qt.io

T-VIPS

Venture Round in 2005
T-VIPS AS is a technology company specializing in video transport solutions for the Internet Protocol (IP) markets. Established in 2004 and headquartered in Oslo, Norway, with a subsidiary in Greenwich, Connecticut, T-VIPS focuses on the transportation of live broadcast signals. The company offers a comprehensive suite of products, including video gateways, processing and multiplexing processors, and monitoring and switching equipment. Additionally, T-VIPS provides management solutions for remote monitoring and control of video transport over IP networks, along with services for contribution, terrestrial networks, mobile TV, and IPTV applications. Their offerings cater to a variety of needs, such as broadcast contribution, studio-to-studio media exchange, and live event coverage, among others. T-VIPS also offers technical support, training, network planning, and integration services to enhance client operations in the professional video industry.

Funcom

Venture Round in 2004
Funcom is a video game development company based in Oslo, Norway, with additional offices in the United States, China, Switzerland, and Canada. The company specializes in creating and publishing massively multiplayer online games, including popular titles such as Age of Conan, Anarchy Online, and The Secret World. In addition to its online offerings, Funcom also develops offline games like The Park, Hide and Shriek, Dreamfall, and The Longest Journey. By providing a diverse range of gaming experiences across multiple platforms, Funcom aims to engage players with various genres and live gaming experiences.
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