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Key people at Norrlandsfonden.
Norrlandsfonden is a foundation providing flexible top-up loans, guarantees, and sureties to foster growth companies in northern Sweden. This leading regional financier offers bespoke solutions for establishment, development, and expansion, complementing existing capital and bank financing. This mechanism ensures businesses access critical funds, cultivating a dynamic regional economy.
Founded in 1961, Norrlandsfonden was created to bolster business development throughout Norrland. Its capital originated from contributions by LKAB and the Swedish state. The founding insight addressed the critical need for accessible financing for small and medium-sized enterprises, stimulating economic vitality and industrial expansion in northern regions.
The organization supports growth-oriented companies in Norrbotten, Västerbotten, Västernorrland, Jämtland, and Gävleborg, covering diverse sectors like manufacturing, IT, and hospitality. Norrlandsfonden prioritizes businesses investing in new technologies or novel areas with significant growth potential. Its long-term vision seeks to contribute to Norrland's economic strength, enabling continuous growth for regional companies and populace.
Norrlandsfonden has 3 tracked investments across 2 companies. The latest tracked deal is $3.0M Series A in Crosser in April 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2019 | Crosser | $3.0M Series A | — | Spintop Ventures, 42CAP, Almi Invest, Industrifonden |
| Oct 1, 2017 | Crosser | $2.0M Seed | Spintop Ventures | Almi Invest |
| May 10, 2011 | BehavioSec | $1.4M Other Equity | Sami Ahvenniemi, Innovationsbron, Partnerinvest Norr | Lunova, PNF Venture Capital |
Key people at Norrlandsfonden.