Fairpoint Capital is a new B2B technology investment fund sprung out of the technology team of SEB Venture Capital, thus leveraging over two decades of VC investment experience. SEB is the cornerstone investor and other investors are Nordic institutions.
Fairpoint Capital announced the launch of its first fund, securing SEK 900 Million in total for investments in B2B Technology mainly in the Nordic region. The Fund is an active minority investor focusing on early growth stage technology companies.
“The timing for launching the Fund is highly interesting, and our B2B focus entails huge opportunities. The Nordic region is a hotbed for talented entrepreneurs, and the pace of innovation is increasing. With a very experienced management team in place, we are ready to invest in companies that develop transformational technologies, and to support the entrepreneurs that will lead the next wave of Nordic high-tech breakthroughs.”
said Frederick Johansson, CEO and Investment Director at Fairpoint Capital.
The Fund will target investments from late seed to B rounds in unique technologies and business models that are highly scalable. Products that address global markets, with strong growth drivers and a solid commercial proof of concept are of primary interest.
The management team consists of Frederick Johansson, Ulf Lewander, Filip Petersson, and Andreas Pennervall.
- Fairpoint Capital secures commitments of SEK 900 Milllion in total, to support the entrepreneurs that will lead the next wave of Nordic high-tech breakthroughs.
- SEB is the cornerstone investor behind Fairpoint Capital. Other investors are Nordic institutions.
