Edvard Boguslavskij, together with Sunstone Capital recently ran a survey with the aim of finding out how Danish founders view venture capitalists and what their needs are in order to discover what is important when choosing a VC firm.
Last week we compared the 10 largest rounds from the 1st half of 2016 compared to the previous two years. Following this, we got several requests asking us to reveal what the largest rounds have been so far. So, without further ado, here are the 20 largest rounds of 2016 so far.
With the first half of the year coming to a close, there has been a sense that while there has been no funding slowdown in the Nordics in terms of the numbers of investments, perhaps there has been fewer larger rounds than before.
In order to get a macro view of this assumption, we've compared the 10 largest rounds of H1 2016 to the 10 largest rounds in H1 2014 and 2015.
While keeping track of all of the investments in the region gives us a good indication as to which verticals are particularly hot in the region right now, they don't necessarily help us see what the hot trends are until after the fact.
We took a quick look at what verticals are being searched for and where using Google Trends to see if we can get a better idea of what the main hubs in the Nordics may be looking at next.
We've picked out an investment for one of Norway's most promising startups, an exit for one of Sweden's most impressive gaming companies and a success that may just save the future of one of the regions most loved companies.
May was one of the busiest months of the year so far, as we recorded 63 investments (a record), including five above $10 million and 10 exits, including eBay acquiring Sweden's Expertmaker and Paradox going public at a $418 million valuation.
The first five months of 2016 are indicating that we are now beginning to see the impact of the increased investment over the last two years, with VC-backed tech exits in the Nordics currently up at 44.4%, meaning nearly 1 in 2 tech exits in the Nordics are VC-backed.