Nordstjernan Leads $28.5M Series B in Oden Technologies

Summa Equity, Verdane and Kinnevik Invest NOK 1.5bn in Oda

December 16, 2022

E-Commerce

Summa Equity, Verdane and Kinnevik are investing NOK 1.5 billion of new equity in Norwegian online grocery retailer Oda to support its profitable growth and international expansion. Existing shareholders (including Rasmussen Group and Prosus) are contributing an additional NOK 621 million through debt conversion, giving Oda an implied post-transaction equity value of approximately NOK 3.5 billion.

Nordstjernan Sells Nordstjernan Growth AB to Buyers Led by Caspar Callerström and Thomas von Koch

March 13, 2025

Financial Services

Nordstjernan has sold its Nordstjernan Growth AB unit to a company co-owned by Caspar Callerström and Thomas von Koch. The divestiture transfers a five-company growth portfolio (Mentimeter, Roaring, Insurello, Zimpler and Oden Technologies) to the new owners so Nordstjernan can focus on larger investments.

Nordstjernan Growth and Creades Invest in Mentimeter AB

June 23, 2022

Cloud & SaaS

Nordstjernan Growth is investing SEK 150 million in Mentimeter AB as part of a growth capital round; Creades is joining as a new investor and existing owner Alfvén & Didrikson is reinvesting additional capital. The funding will support Mentimeter's continued development of its audience-engagement SaaS platform, which the company says has been used by hundreds of millions of individuals globally.

Nordstjernan Takes Minority Stake in Roaring

March 24, 2021

Payments & Fintech

Nordstjernan has agreed to invest just over 20% in Swedish fintech Roaring, becoming a partner to the founders and existing shareholders to support the company's continued growth. Roaring — founded in 2016 and based in Täby, Stockholm — provides KYC/AML automation and data/API services to companies across sectors; the capital comes from Nordstjernan's Growth & New Technology initiative.

Nordstjernan Invests in Insurtech Insurello

July 9, 2021

Insurance

Nordstjernan, via its Nordstjernan Growth initiative, has made a growth investment in Stockholm-based insurtech Insurello and will become a partner to the founders and existing shareholders. Insurello, founded in 2016, offers a scalable, automated claims-management platform that helps individuals identify policies and secure fair compensation; Nordstjernan cited potential to expand the service into additional geographies and verticals.

Nordstjernan Acquires Finnish Diagnostics Company Aidian from Axcel-managed Funds

February 22, 2022

Medical Devices

Nordstjernan has signed an agreement to acquire Finnish in‑vitro diagnostics company Aidian from funds managed by Nordic private equity firm Axcel. Aidian, headquartered in Espoo, Finland, develops, manufactures and sells point‑of‑care instruments and tests (250+ employees; ~EUR100m sales in 2021); the transaction is expected to close in Q1 2022 and terms were not disclosed.