Led · Series A · Jul 2024

eAgronom provides farm management and sustainability tools that help independent farmers and agricultural groups implement crop monitoring, automated reporting, crop and yield plans, and activity schedules. Founded in 2016, the company has modernised hundreds of thousands of hectares across Europe and Africa. It works with more than 3,000 farmers in 14 countries and its partner farms have stored 525,000 tCO2 p.a. Soil health is central to its work and underpins its carbon offsetting and insetting programs that subsidise regenerative practices. eAgronom is targeting 4.1 million hectares by 2025 and plans to expand its presence in key markets. The company intends to scale Scope 3, sustainable finance, and other sustainability initiatives to reduce farmer risk and drive adoption. eAgronom offers a data-driven digital platform that combines agronomy, IT and environmental science to help farmers manage farms more sustainably and profitably. Its core product includes GHG monitoring and data-measuring technology plus a carbon programme that verifies farm footprints and enables farmers to earn carbon credits. The platform delivers direct subsidies and guidance to optimise fuel and fertiliser use, improve soil quality, and avoid greenwashing. eAgronom reports over 1.2 million hectares of farmland under management across Europe and Africa and supports farmers in Spain, Poland, Romania, East Africa and seven additional markets. The company says its carbon credit income programme creates supplementary revenue streams and better access to finance for farmers. eAgronom plans to scale its carbon programme across Europe and Africa following initial successes. eAgronom, founded in 2016, began as farm management software and has grown into one of the largest agtech companies in the Baltics. Its core product is farm management software and consultancy that reduces administrative load and helps farmers achieve higher yields and income. The company already supports over 1,500 agribusinesses covering more than one million hectares across Europe. With new funding, eAgronom plans to pivot the majority of its business toward a farming-based carbon credits platform and to expand into new markets, including outside the EU. It intends to improve carbon-tracking technologies and launch the Solid World DAO to provide liquidity and transparency for high-quality carbon projects using blockchain and the Web3 community. Management says the platform will provide transparent tracking and access to capital for nature-based companies and aims to become a leading developer of high-quality carbon credits. eAgronom offers an AI-powered farm management platform that automates crop rotation plans, integrates satellite NDVI data, and analyses farmers' financial performance. The product is used by about 1,500 farmers managing roughly 1 million hectares of grain land in Europe. The company plans to roll out AI-powered digital consultancy services across more countries. eAgronom raised a €1.2 million convertible equity round and has recruited Kristjan Luha, a former Nike Vice President, as Chief Commercial Officer to support commercial expansion. Founded in 2016 and based in Tallinn, Estonia, the startup has raised a total of €4.5 million to date. It is preparing to raise a further €10 million in a Series A in the spring of next year. eAgronom is an agtech startup that provides a web and mobile platform enabling farmers to manage and oversee their entire farm, employees and fields in real time. As a planning and management tool for grain farmers, the platform helps users achieve economic gains and reduce risks through proper planning and task timing in sowing rotational systems. The company has rolled out in nine European countries and is used to manage over 700,000 hectares. Headquartered in Tartu, Estonia, and founded by Robin Saluoks and Stenver Jerkku two years ago, eAgronom employs over 35 specialists. It raised €1m in seed funding to improve the platform's agronomical and financial analysis modules and to scale sales and support teams.

Participated · Equity · Jun 2022

Yabie is a Stockholm-based fintech that provides cloud-based checkout and payment solutions for SMEs. Founded in 2017 by Mathias Plank, the company's all-in-one platform bundles software, hardware, checkout systems, and payment options that integrate with accounting. Yabie serves more than 4,000 enterprise customers in Sweden and processes over 100 million transactions annually, with transaction volume exceeding €380M. In June 2022 the company raised €15M at a €91M valuation in an oversubscribed financing led by Absolute Unlisted. The new capital will be used to accelerate platform development and support expansion into new markets. To date Yabie has raised €50M.

Participated · Debt Financing · Oct 2021

Alelion provides lithium-ion battery systems and technology to support electrification of industrial vehicles and more sustainable energy use. The company emphasizes powerful solutions, automated production and an empowering approach. Alelion is reviewing its long-term capital needs and financing opportunities in the rapidly growing market for sustainable electrification. Major owners include Pegroco Invest, Blomqvist Listed Sustainability and Fouriertransform. The company is headquartered in Gothenburg, Sweden and its shares trade on Nasdaq First North Growth Market, Stockholm with G&W Fondkommission as certified adviser. Recent short-term financing measures were taken to secure operations while strategic financing options are reviewed. Alelion Batteries AB develops small-scale energy storage devices and is based in Nödinge, Sweden. The company intends to use new capital to develop energy storage devices aimed at alternative energy solutions and lighting. It raised €2m in funding from IKEA GreenTech AB to support that development. IKEA GreenTech is identified as the investment arm of IKEA Group and focuses on investing in innovative technology companies in small-scale solutions. Christian Ehrenborg, CEO of IKEA GreenTech AB, said the involvement provides new opportunities and expressed hope that, together with other partners, they can help develop Alelion into a successful player in the small-scale energy storage market. The financing is reported by FinSMEs on 30/10/2010. Alelion Batteries AB is a Nödinge, Sweden-based developer and manufacturer of energy storage systems for the automotive industry. Founded in 2006 as a spin-out from ETC Batteries and Fuelcells, the company operates a 1600 m2 production area in Nödinge. The company received a KRO28m venture capital investment from investors including Fouriertransform AB and some of the company’s existing owners, including Pegroco Invest. Following the transaction, Fouriertransform became the largest shareholder. The new capital will be used to expand production and sales efforts and to strengthen Alelion’s position in the Nordic region.

Led · Debt Financing · May 2021

Exeger operates in the solar-cell sector, building photovoltaic solutions and related products. During the second half of 2025 the company is bolstering its balance sheet with at least SEK 160 million raised through new share issues. Management is simultaneously rolling out efficiency measures aimed at increasing profitability. The capital comes from two directed share issues totaling SEK 127.08 million and SEK 32.92 million in guarantee commitments, all priced at SEK 1.00 per share. To further strengthen its finances, Exeger plans a December 2025 rights issue of SEK 110.42 million that will allow existing shareholders to offset dilution caused by the directed issues. The board may expand this rights issue by up to SEK 45 million if demand warrants. Together, the fresh capital and cost-saving initiatives are intended to accelerate Exeger’s path to profitability.

Participated · Equity · Mar 2021

Meniga offers Personal Finance Management (PFM) products and a framework for next-generation digital banking based on data consolidation and enrichment. Its product portfolio includes PFM, carbon insight services, automated real-time notifications, predictive analytics, personalised engagement technologies, targeted rewards and consumer data analytics. Meniga focuses on Data Enrichment and Hyper Personalised Insights and is enabling Payments capabilities for banks in the Open Banking and Open Finance ecosystem. The company serves over 100 million banking customers across 30 countries and operates offices in London, Reykjavik, Stockholm and Warsaw. Led by CEO Raj Soni, Meniga plans to simplify its product portfolio, diversify into verticals beyond banks, target emerging markets across MEA, LatAm and Asia, and create new operational hubs to support growth and post-launch customer support. It intends to use recent funding to clear existing debt and invest in rolling out this new strategy. Meniga builds a suite of digital banking products that help banks use personal finance data to modernize online and mobile experiences, including data aggregation, personal and business finance management, cash-back rewards and transaction-based carbon insights. The company offers a software layer that bridges legacy banking infrastructure and modern APIs to enable consumer-friendly digital experiences. Meniga has launched 18 digital banking solutions across 17 countries and reports a significant increase in demand over the past year. It is headquartered in London with additional offices in Reykjavik, Stockholm, Warsaw, Singapore and Barcelona. The company’s Carbon Insight product lets users track estimated carbon footprints by transaction, category and peer comparison. Meniga says the recent funding will be used to invest in R&D—with particular focus on green banking products—and to bolster its sales and service teams. Meniga's core product is a digital banking platform that helps banks and fintechs use personal finance data, bridging legacy infrastructure with modern APIs to enable consumer-friendly online and mobile experiences. Its product suite includes data aggregation, personal and business finance management, cashback rewards, and transaction-based carbon insights. The company's technology is designed to support Open Banking and is used by more than 90 million banking customers across 30 countries. Meniga plans to use the new funding to continue investing in R&D and to strengthen its sales and service teams to meet growing demand. The company is headquartered in London with significant R&D in Reykjavik and additional offices in Barcelona, Singapore, Stockholm, Helsinki and Warsaw. The recent strategic investment increases Meniga's available capital to support product development and commercial expansion. Meniga provides personal-finance and data-aggregation software that enables banks to make sense of customer data and offer more compelling online and mobile banking products. The company works with banks across 18 markets, including Santander, Intesa, ING Direct, Commerzbank and mBank. Meniga was founded in Iceland in 2009 and sells its technology to incumbent banks and digital channels. Swedbank has begun rolling out Meniga’s technology to customers in Sweden and the Baltic countries and is in the first phase of implementation after striking a deal in 2017. The firm’s recent financing activity includes the latest Swedbank investment and a €7.5m round a year earlier led by Industrifonden. Management frames partnerships such as Swedbank’s as a way to deliver more proactive, digital customer experiences that aggregate Swedbank and external financial data. Meniga provides white-label digital banking and personal finance software to banks and financial institutions, helping them enhance online and mobile channels. The company works with large banks including Santander, Intesa, ING Direct, Commerzbank and mBank. Meniga's products are positioned to help institutions prepare for open banking and to leverage customer data to drive more meaningful, personalized engagement in digital channels. It recently became the first personal finance software provider to partner with Spanish bank IberCaja as part of that bank’s digital-improvement efforts. Meniga maintains an advisory board and has drawn industry figures such as Chris Skinner to advise the business. The company is based in London.