Scandinova Systems

ScandiNova is mainly owned by the investment company Bure Equity AB (28%) and two venture capital investors, Industrifonden (32%) and SEB Venture Capital (22%). The remaining shares are distributed between private owners and employees.

Industrifonden, based in Sweden, is an early stage venture capital fund that was founded 1979 and with assets of 500 MUSD. The fund invests in companies with international growth potential in the Life Science, Deep Tech and Transformative Tech sectors. It has holdings in over 60 companies. See website.

Bure is an investment company and a good owner. By actively building successful companies and operations with a long-term perspective, Bure generates an attractive return for its shareholders. Bure was listed on Nasdaq Stockholm in 1993. Today, Bure has a net asset value of approximately SEK 15 billion consisting of fourteen portfolio companies, of which seven are listed. Bure’s principal owners are the Tigerschiöld family, the Björkman family, AMF and AP4. See website.

SEB Venture Capital is the venture capital arm of ”Skandinaviska Enskilda Banken” an established financial group in Northern Europe founded in 1856. SEB Venture Capital was founded in 1995 and have invested over SEK 3bn in 100 companies. It operates as an evergreen fund and invests in companies with substantial growth potential. See website.