Tech deals in the Nordics
The digital food chain: Finnish buyout firm Vaaka has
acquired a majority stake in food logistics business LTP Logistics. At the other end of the value chain, Matsmart has raised another
36 MSEK in their ambition to reduce food waste.
Fintech automation is the new black: Automated accounting startup Dooer has
raised $4.6 million. Wint, another tool for automated accounting, has raised
20 MSEK, while Danish accounting software, Dinero, have been
acquired by Visma. Meanwhile automated car-insurer Paydrive
raised 6 MSEK from NFT Ventures, while an auto-advisor for pensions, Pensionera, has raised
12 MSEK from Optimizer Invest.
Ecommerce is beautiful: Swiss Clinic
raised 20 MSEK from Eequity to sell more beauty products, Discovery has
invested in fashion site Boozt, H&M
invests further in digital fashion house in Ivyrevel, while Nordstjernan
sold its stake in not equally glamorous Bygghemma.
Human Resources are hot: Alfen & Didrikson invested
4.4 MEUR in Sympa, the fast-growing Finnish HR tool, while the Norwegian/Danish job-matching "AI" recruitment tool Relink
raised money from Danish SEED Capital.
Games are a big deal: Swedish, Vienna-based video game publisher THQ,
listed on Nasdaq First North at a valuation close to SEK 2 billion, and Swedish MTG
buys 35% stake in German games developer InnoGames, valuing the company at €260 million.
Even bigger deals: Finnish CapMan Group made a
€120 million bid for Finnish investment company Norvestia, Telia
has acquired Norwegian Phonero, a telcom provider for SMEs, for NOK 2.3 billion, while Öhman and Nordic Capital
wants to buy online broker Nordnet valuing the company at SEK 6.5 billion.