About Spring Nordic
Spring Nordic is a venture capital firm founded in 1988. It is primarily based out of Roskilde, Denmark. It primarily invests in Denmark based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to High Tech and Consumer. Overall, Spring Nordic portfolio has seen 2 IPOs and 2 acquisitions including key companies like Photocat, Xnovo Technology and AddiFab. Spring Nordic has team of 3 people.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Portfolio Acquisitions
Spring Nordic's List of Top Investments
Spring Nordic has a portfolio of 15 companies. Their most notable investments include Photocat and Bladena.Their portfolio spans across and Denmark. They have invested in Food and Agriculture Tech, High Tech, Consumer and 9 other sectors. Here is the list of top investments by Spring Nordic:
1. Photocat
Manufacturer of photocatalytic fluids for building materials and asphalt applications. The company provides solutions for reducing harmful matters caused by air pollution. Its products are intended for use by municipalities, architects, and manufacturers of bitumen, concrete, asphalt, and hardwood floors. The company offers products effective worldwide through local representatives.
Key facts about Photocat
- Founded Year: 2009
- Location: Roskilde (Denmark)
- Stage: Public
- Total Funding till date: $330K
- Employee Count: 8 as on Dec 31, 2021
- Investors: Spring Nordic and Capnova
- Latest Funding Round: Post IPO, Apr 02, 2020, $*****
- Highlight: Public
2. Bladena
Bladena is a leading manufacturer and distributor of wind turbine blades. Have been developing new designs and technologies to increase the efficiency and performance of the blades by reducing the formation of cracks at higher wind speeds. Product range includes a variety of blades each with a new design and new technology. Products are supplied under the brand names "D-Stiffener", "D-String", "X-Stiffener", "Floor", and "Cap-Stiffener". All the technologies have been patented.
Key facts about Bladena
Xnovo Technology provides analysis and 3D visualization of crystalline materials for engineers and scientists to understand material failure and optimize the strength of materials. The 3D Crystallographic software GrainMapper3D enables diffraction contrast tomography (DCT) on a laboratory setup using ZEISS Xradia 520 Versa X-ray Microscope. The steps include data collection (mount sample in Microscope equipped with DCTScan), processing (load acquired data into the software) and validation (3D image of the material grain structure).
Key facts about Xnovo Technology
4. Heliac
Key facts about Heliac
5. Ucomposites
Developer and manufacturer of specialized glass fiber for composite materials. They have developed a product called UP Exhaust Technology for improving the acoustic performance. The E-glass fibre used in the product can perform normally in high temperature. The fibre material has been designed to be resistant to a blowout. Their other products include non-woven fibres, fibres for thermal insulation and gypsum chopped strands.
Key facts about Ucomposites
IPOs and Publicly Listed companies in Spring Nordic's Portfolio
2 of Spring Nordic's portfolio companies have become public. Photocat got listed on the Nordic and Baltic regions (NASDAQ OMX), in Nov 2015.Here are Spring Nordic's portfolio companies that went public:
Filter this listCompany | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 10, 2015 | - | - | 2398 | |
- | - | - | 4719 |
Acquired companies in Spring Nordic's Portfolio
2 companies from Spring Nordic's portfolio have been acquired. The most recent acquisition were Xnovo Technology in Nov 2024 by Raith.Here are Spring Nordic's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 21, 2024 | - | - | 2552 | |
Apr 04, 2023 | - | - | 2774 |
