CapMan has raised EUR 142.3 million for a new fund focused on expansion and later-stage technology companies in the Nordic region. It already has four portfolio companies: Mawell Oy, a Finnish supplier of ICT solutions to the healthcare sector; KMW Energi AB, a Swedish manufacturer of biofuel plants; Movial Applications Oy, a Finnish developer of IP communications software; and IT2 Holding ApS, a Danish developer of software for the financial sector.
Fundraising for the CapMan Technology 2007 fund has ended and the fund was closed at EUR 142.3 million. The fund is one of the largest technology funds ever raised in the Nordic countries. The fund's investment focus is on expansion and later-stage technology companies. The fund's investment activity has made a lively start, with the fund investing in four new portfolio companies.
CapMan Technology 2007 fund's investment focus is on expansion and later-stage technology companies in the Nordic countries. The turnover of portfolio companies typically exceeds EUR 2 million and the size of the fund's investment is EUR 3