Summa Equity Leads 14M SEK Growth Investment in Metry

Summa Equity Leads $100M Series C Investment in Tibber

March 10, 2022

Energy

Summa Equity Fund III has invested in Tibber, a Norwegian smart energy provider, as part of a $100 million Series C financing to support Tibber’s product development and European expansion. Existing and new investors (including Balderton Capital, Schibsted and Eight Roads) participated in the round to back Tibber’s growth in smart home energy services, EV smart-charging and virtual battery capabilities.

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.

Summa Equity Invests in EA Technology

October 14, 2024

Energy

Impact investor Summa Equity has completed an investment in UK-headquartered EA Technology, partnering with selling management and employee shareholders to scale the company's smart grid hardware, software and services. The deal (from Summa Equity Fund III) will support EA Technology's capability enhancement and international roll-out; EA reported ~£48m revenue in 2023 and around 300 employees.

Summa Equity Acquires Majority Stake in myneva

June 30, 2021

Software

Summa Equity Fund II has acquired a majority stake in myneva, a Hamburg‑based European software provider offering SaaS solutions for the social care sector. myneva serves around 2,000 customers across six European countries, has approximately 220 employees and €30m in revenue; Summa intends to support further digitization, international expansion and continued growth.

Summa Equity Acquires Majority Stake in Logpoint

March 2, 2023

Cybersecurity

Summa Equity is acquiring a majority stake in Logpoint, the Copenhagen-based cybersecurity vendor, via its EUR 2.3bn Fund III to build a European cybersecurity powerhouse. The transaction leaves Yttrium as a significant minority shareholder and is subject to final regulatory approval (expected Q2 2023).

Summa Equity Acquires Majority Stake in Axion BioSystems

July 15, 2021

Medical Devices

Summa Equity Fund II has acquired a majority stake in Axion BioSystems, a US life science tools company that develops MEA (microelectrode array) and impedance-based bioelectronic assay technologies. Summa plans to support Axion's commercial scale-up and global growth to accelerate adoption of its platforms across academia and biopharma, particularly in cell and gene therapy and drug discovery applications.