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Scandinavia - 10 things you need to know about the Nordic investment market in September 2019.

This is a dealflow summary for the Nordic private companies we tracked for the month of September. During September we added a total of 196 deals in our databases.

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Before we delve into the September's numbers, we have two little announcements to make:
 
#1 We have started to expand Nordic 9 to Spain. Part of it is a little get-together we organize with the local community in Madrid on October 23. If you are interested to join or know anybody who does, please contact Dragos at dragos at nordic9 dot com
 
#2 We also have started Sunday CET, a newsletter including a selection of what we found note worthy in the European investment space. You can check it out and subscribe from here.

 

1. Total investment transactions

79 deals | $310.08M value | 25 with undisclosed data

> See all the investment deals for September

2. Top 5 largest investment transactions

  • Finland ePassi Payments (Financial Services) - $45.37M
  • Denmark Simple Feast (Food Industry, Mobile) - $33.29M
  • Finland MaaS Global Oy (Mobile, Transportation) - $32.6M
  • Finland Happy Or Not (Advertising, Big Data, Competitive Intelligence, CRM, Retail) - $25M
  • Denmark STipe Therapeutics (Biotech, Health services, Pharma) - $21.81M

> See the entire list

3. Investment distribution per country

  • Sweden Sweden - 35 deals
  • Denmark Denmark - 20 deals
  • Finland Finland - 14 deals
  • Norway Norway - 9 deals
  • Iceland Iceland - 1 deals

> See the entire macro summary

4. Investment distribution number

  • < 0.5M - 9 transactions
  • 0.5M - 1M - 9 transactions
  • 1M - 5M - 20 transactions
  • 5M - 10M - 6 transactions
  • 10M - 20M - 5 transactions
  • 20M - 50M - 5 transactions
  • n/a - 25 transactions
  • TOTAL - 79 transactions

> See more details

5. Investment distribution value

  • < 0.5M - 3.24M investment value
  • 0.5M - 1M - 5.2M investment value
  • 1M - 5M - 44.11M investment value
  • 5M - 10M - 39.17M investment value
  • 10M - 20M - 60.29M investment value
  • 20M - 50M - 158.07M investment value
  • n/a - N/A
  • TOTAL - 310.08M investment value

> See more details

6. Top 5 Nordic cities by the number of investment transactions

  • Sweden Stockholm : 27 deals - Software Services (12), Mobile (6), Marketplace (5)
  • Denmark Copenhagen : 12 deals - Software Services (7), Financial Services (3), Manufacturing (2)
  • Finland Helsinki : 7 deals - Software Services (4), Manufacturing (2), Competitive Intelligence (2)
  • Denmark Aarhus : 5 deals - Software Services (3)
  • Sweden Gothenburg : 3 deals - Manufacturing (2), Software Services (2)

> See the entire list

7. Top 5 active verticals by the number of transactions

  • Software Services : 38 deals - $61.24M value
  • Manufacturing : 23 deals - $60.44M value
  • Health services : 10 deals - $29.35M value
  • Mobile : 9 deals - $69.38M value
  • Financial Services : 9 deals - $54.16M value

> See the entire list and the industry breakdown

8. Secondary and M&A transactions

  • Secondary - 14 deals
  • M&A - 25 deals

> See all transactions

9. Active investors (min 2 transactions)

  • Sweden Almi Invest - 4 deals
  • Denmark ByFounders - 3 deals
  • Finland Maki VC - 3 deals
  • Norway Investinor - 3 deals
  • Sweden Schibsted Growth - 2 deals
  • Finland Butterfly Ventures - 2 deals
  • Denmark PreSEED Ventures - 2 deals
  • Denmark Futuristic VC - 2 deals
  • Sweden Chalmers Ventures - 2 deals
  • Denmark The Nordic Web Ventures - 2 deals
  • Denmark Syddansk Innovation (SDTI) - 2 deals

Number of active investors during the month: 113

> See all the active investors for the month September

10. Angel investors (min 2 transactions)

Number of active investors during the month: 50

No angel investors with at least 2 transactions.

> See all the active angel investors for the month September

11. VC investors (min 2 transactions)

  • Denmark ByFounders - 3 deals
  • Finland Maki VC - 3 deals
  • Norway Investinor - 3 deals
  • Sweden Schibsted Growth - 2 deals
  • Finland Butterfly Ventures - 2 deals
  • Denmark PreSEED Ventures - 2 deals
  • Denmark Futuristic VC - 2 deals
  • Denmark The Nordic Web Ventures - 2 deals

Number of active investors during the month: 33

> See all the active VC investors for the month September

12. Non-Nordic investors

  • Ventech - 2 deals
  • Seedcamp - 2 deals
  • Bregal Milestone - 1 deal
  • Balderton Capital - 1 deal
  • 14W - 1 deal

Number of active investors during the month: 38

> See all the non-Nordic investors for the month September

This digest was sent to about 2000 investors and startup people interested in the Nordics. Do you know anybody who might find it useful? Share it with them!

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The investment data is presented on as is basis for companies transacted on the Nordic private market and doesn't consider debt instruments, grants and ICOs. Secondary transactions include equity sale to a secondary investment manager.

Data is collected via customised software from primary and secondary sources and cross-verified from multiple places, including governmental data providers such as Bolagsverket, Virk and Brønnøysund. Information is manually curated and translated in English for 5 different countries and languages, tracking more than 10,000 entities from the Nordic area.

Nordic 9 is the most comprehensive Scandinavia-focused data platform, tracking competitive intelligence about companies, investors and transactions from the private market.

 

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