Growth Phase
Investments

GROWTH-PHASE, TECH-FOCUSED COMPANIES

Our investments and holdings will primarily be focusing on technology-based companies with highly scalable business models. Our geographical focus is the Nordic countries where entrepreneurial activities show one of the highest success rates globally

Grid scale battery storage and data centre projects

  • Apatura is a UK based developer of renewable energy projects, primarily BESS (Battery Energy Storage System) and solar power currently expanding into providing Powered Land for data centres, enabling hyperscale data center expansion in Scotland.
  • Apatura has been involved in over 120 wind turbine projects since inception in 2014 and has since 2022 built a strong pipeline of BESS projects.
  • The company is currently active in the UK and previously had the name Green Power Consultants.

Protecting metals from corrosion, ammonia & hydrogen

  • A Swedish deep-tech company providing a novel metal coating solution that solves key problems in protecting metal in challenging conditions.
  • The technology is tested and the performance proven through hundreds of cycles from field tests.
  • The company is at an early stage, but has already received strong interest from customers and targets to sign a number of customer contracts during 2025.

A new level of multiplayer gaming

  • Privately owned tech company within the gaming industry
  • The platform Lemur aims to reduce complexity and cost of software development in the gaming industry
  • Focus on minimizing the on-boarding process when starting game development
    • Goal set at under 30 minutes, performed entirely by front-end developers without prior back-end knowledge (compared to available solutions today averaging 1 month of work from back-end developers)
    • Large savings for game developers
  • The MMO and online game platform Scape is built using Lemur and provides a new level of gaming and creator experience. Scape has integrated blockchain technology an assets held on the platform are truly owned

Solving unmet needs in radiology and patient handling for sustainable healthcare

  • A Swedish medtech company, incubated within the Sahlgrenska University Hospital, with a mission to solve unmet needs within patient handling through innovative products
  • Njord’s first product in commercial use, AtleĀ® 180, is a patented motorized patient handling device, with global market potential. Njord targets to increase patient throughput, reduce staffing and provide benefits for staff health, initially at radiology departments
  • Although in an early stage of the product lifecycle, several reputable radiology departments in the Swedish home market have taken the product into full use, and the product is in use in Finland, Norway and Denmark. The company now expands in Europe
  • A second product, with focus the elderly care market segment, is being prototyped

Smart cloud-based Access Control

  • Swedish software company focused on cloud-based physical access control
    • A management system to control when doors should be locked or unlocked, and who should have access, when, and how
    • Users can open doors with tags, codes, or mobile phones. Doors can also be opened remotely
    • Powerful Site Manager solution to enable large-scale delegated administration of user groups and sites
  • Largely a SaaS business, providing customers with Access Control as a Service (ACaaS)
  • Positioned to benefit from the wave of change in real estate through proptech. Current low-tech and proprietary solutions are challenged by modern, cost effective, and flexible solutions
  • Targets to become a leading international supplier of cloud-based, open-hardware solutions for access control

Well-positioned merchant of organic kids
clothes and accessories

  • Swedish high-end baby and kids clothes and accessories.
    • Sales today mainly in Sweden, the Nordics and Germany
  • Customer segments are parents focusing on sustainable, durable and uniquely designed items
    • Very strong brand and customer loyalty
  • Production mainly in Turkey and China; logistics and storage via third-party in Sweden
  • Shifting to e-commerce as main channel
    • Sales via resellers only on certain high-margin items
    • Significant investments in e-platform made
  • Founded and managed by two sisters
    • Sara, marketing & FMCG background with deep online and e-tail expertise
    • Anna, design and fashion background with solid products and production knowledge