Nordstjernan Invests in Insurtech Insurello

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 Makes Minority Investment in Zimpler

March 29, 2022

Payments & Fintech

Nordstjernan Growth, the growth arm of family-controlled investor Nordstjernan AB, is making a minority growth investment in Stockholm-based payments company Zimpler. The capital will support Zimpler's commercial expansion, development of new customer verticals, geographic expansion and broader product offering.

Nordstjernan Invests in engcon (5% Stake) Ahead of Nasdaq Stockholm Listing

June 8, 2022

Manufacturing

Nordstjernan has committed approximately SEK 350 million to acquire a 5% stake in engcon in connection with engcon's listing on Nasdaq Stockholm. engcon is the world's leading manufacturer of tiltrotators, reporting revenues of SEK 1,571 million and an adjusted operating margin of 22.3% for the 12 months ended March 31, 2022; the investment is a long-term, strategic minority participation to support the company's listing and growth.

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 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 Leads $28.5M Series B in Oden Technologies

April 10, 2024

AI & Machine Learning

Nordstjernan Growth led a $28.5 million Series B investment in Oden Technologies, a data and AI software provider for the manufacturing industry. New investors Flat Capital, Recurring Capital Partners and Oden customer INX International joined the round, with existing backers including Atomico and EQT Ventures also participating to support product development, Process AI expansion and customer growth in the U.S. market.