News
Up one levelNordic Venture Partners Invests in SANAKO’s International Expansion
HELSINKI, Jan 8, 2008 - Nordic Venture Partners will invest over € 5 million in SANAKO shares. The new capital will allow SANAKO to enhance its presence in key markets including the BRIC countries (Brazil, Russia, India and China) and the Middle East. It will also strengthen the company’s educational offering to its worldwide customer base by collaborating with value network partners.
Atheros Communications Acquires u-Nav Microelectronics
SANTA CLARA, CA, Dec. 13, 2007 - Atheros Communications, Inc. (NASDAQ: ATHR), a leading developer of advanced wireless solutions, today announced that it has signed a definitive agreement to acquire the assets and certain liabilities of u-Nav Microelectronics, a privately held fabless semiconductor company specializing in global positioning system (GPS) chipsets and software that enable mobile location-based products and services. u-Nav's 54 employees are located at its Irvine, CA headquarters and its European engineering facility in Tampere, Finland. The cash and stock transaction, currently valued at approximately $54 million, includes $15.4 million in cash and 1.28 million shares of Atheros common stock and may include an additional consideration to shareholders if certain defined milestones are achieved.
End2End Acquires Terraplay
Stockholm the 1st of Nov, 2007 - Terraplay, world leader in connected mobile gaming and innovator in developing solutions has been acquired by End2End, based in Aalborg, Denmark. End2End is a leading provider of managed service solutions for mobile data. The Terraplay acquisition allows End2End to offer operators market leading solutions in connected and multiplayer gaming, a fully managed mobile gaming offering, in addition to its full mobile content delivery platform.
blinkBox announces UK launch date
After many months of intense development and negotiations with Hollywood Film Studios and international TV companies, blinkBox.com will ‘go live’ in beta format and will thereafter accept registrations from the general public. blinkBox.com is the first ‘one stop’ film and TV site to unleash the power of ‘blinks’. As well as purchasing and downloading films and TV shows, blinkBox enables you to clip your favourite scene, add a personalised message and send it to a friend’s mobile or PC as a ‘blink’.
Nordic Venture Partners announces €12M investment in Exensor
Copenhagen, Denmark - Nordic Venture Partners announces a €12M investment in Exensor, a Swedish based world leader in the development, design, integration and supply of sensor systems for Military and Homeland Security Applications.
Nordic Venture Partners announces the promotion of new partners and investment directors
Venture capital firm Nordic Venture Partners has promoted Thomas Tofte Hansen (Copenhagen) to the position of General Partner, Per von Zelowitz (Stockholm) to Partner and Juha Lehtola (Helsinki) to Investment Director. Mark Johnson joins the firm (Stockholm) as an Investment Director. Nordic Venture Partners is a technology venture capital firm with a global perspective, dedicated to world class performance through hands-on involvement and international networking, applied to ICT ventures with unique potential.
Nordic Venture Partners announces $5.1 Million investment in TraceWorks
Copenhagen, Denmark – Nordic Venture Partners announced today a $5.1M investment in TraceWorks, a Denmark-based company committed to designing, and providing advice and support for the best web-based end-to-end marketing software solution possible.
Player X raises major investment $10 million for growth
January 18th 2007 Mobile media company Player X has announced a second round of venture capital funding raising £5 million ($9.85 million) for rapid expansion and to accelerate its global content strategy across mobile TV, video and games.
Group NBT plc Acquisition of Ascio Technologies A/S
Group NBT, the leading UK domain name management company and managed web hosting provider, is pleased to announce that it has acquired Ascio Technologies A/S ("Ascio"), a provider of domain name services based in Copenhagen.
Part exit in Nordic Venture Partners Portfolio company Ascio Technologies
Copenhagen the 17th of January, The Nordic Venture Partners portfolio company Ascio Technologies was today sold to GroupNBT listed on AIM London Stock Exchange for a total price of the company of EUR 27m in a combination of cash, options and shares.
Polar Rose Raises $5.1 m in Series A Funding for Adding Context to Online Photos
MALMO, Sweden, Nov. 14 /PRNewswire/ -- Polar Rose AB, a company uniquely combining automatic facial recognition with 3D modeling for visual search applications, today announced it has received initial Series A funding. A total of $5.1 m (euro 4 m, SEK 37 m) was raised from Nordic Venture Partners (Copenhagen), the Nordic region's largest IT venture company. Polar Rose was founded with unique expertise in automatic 3D modeling and pattern recognition pioneered by the company's founder and CTO, Dr. Jan Erik Solem.
Nordic Venture Partners makes investment in ZYB
COPENHAGEN, Denmark - 16. October 2006 - Nordic Venture Partners, the leading Scandinavian ICT venture capital firm, today announced that it has invested several million € in ZYB, a free mobile backup and sharing service operating on a global level. Also announced today, Preben Damgaard, co-founder of Damgaard/Navision and former Executive Vice President of Microsoft Business Solutions, has joined ZYB’s board of directors.
Operax raises $15 million led by Nomura International
Stockholm-September 21, 2006-Operax announces it has raised US $15 million in Series C funding for its further global expansion plans, and to strengthen its leadership for QoS Control and Bandwidth Management in convergent all-IP broadband networks. Existing investors Nordic Venture Partners, Innovacom and Emano also participated in this round.
JAlbum raises capital from Nordic Venture Partners
Stockholm, Sweden-August 29, 2006-Nordic Venture Partners has invested in JAlbum. The financing will be used primarily to support the company in enhancing its software and website to support the growing JAlbum community. JAlbum has grown rapidly to become one of the most widely used and loved open-source photo and video album software projects in the world.
Funcom secures €5 million in financing from NVP
Durham, USA – August 25, 2005 – Funcom, a world leading developer and publisher of subscription-based online games like ‘Anarchy Online’ and ‘Age of Conan – Hyborian Adventures’, has secured a €5 million equity investment from Nordic Venture Partners (NVP). The investment is a further testament to Funcom being a world-class developer and publisher of online games, and will further aid the company in developing and publishing online games.
Nordic Venture Partners announces Robert Göthner
Nordic Venture Partners, the leading pan-Nordic venture capital firm, is pleased to announce that Robert Göthner has joined the firm as a Partner. Robert will utilize his extensive venture capital, operational and company building experience in working with the firm’s current portfolio as well as assisting the firm with new opportunities.
Nanoradio fully financed
Nanoradio fully financed to deliver the worlds smallest and lowest power WLAN chipset solution.
Nordic Venture Partners strengthens its team
Nordic Venture Partners has strengthened its operations by engaging Per-Arne Sandström as Senior Advisor from the 1st of January 2005.
NVP secure M€ 115 for new investments
Nordic Venture Partners now has an additional €115 million available for ICT companies in the Nordic.
Another Stockholm OpenCoffee Club on April 26th
Please come and meet Larry McDonald and Per von Zelowitz from Nordic Venture Partners and hopefully many others at the Stockholm OpenCoffee Club. This is a casual meeting to talk about entrepreneurship and technology among friends. We will meet every week in the back room of Cafe Fresco at Grev Turegatan 10 at 14.30. We hope to see you there.