Nordic M&A Tech Refresh Selected deals: Updated 25.04/2021 Updated every Monday morning, here 1 | 85 Nordic M&A Tech Refresh Contents Selected deals: 2021 Week 16 (19 apr – 25 apr) 4 Selected deals: 2021 Week 15 (12 apr – 18 apr) 6 Selected deals: 2021 Week 14 (5 apr – 11 apr) 8 Selected deals: 2021 Week 12-13 (22 mar – 4 apr) 10 Selected deals: 2021 Week 11 (15 mar – 21 mar) 12 Selected deals: 2021 Week 10 (08 mar – 14 mar) 14 Selected deals: 2021 Week 09 (01 mar – 07 mar) 15 Selected deals: 2021 Week 08 (22 feb – 28 feb) 17 Selected deals: 2021 Week 06-07 (08 feb – 21 feb) 18 Selected deals: 2021 Week 05 (01 feb – 07 feb) 20 Selected deals: 2021 Week 04 (25 jan – 31 jan) 21 Selected deals: 2021 Week 03 (18 jan – 24 jan) 23 Selected deals: 2021 Week 02 (11 jan – 17 jan) 25 Selected deals: 2021 Week 01 (01 jan – 10 jan) 26 Selected deals: 2020 Week 51-53 (14 dec – 31 dec) 28 Selected deals: 2020 Week 50 (07 dec – 13 dec) 30 Selected deals: 2020 Week 49 (30 nov – 06 dec) 32 Selected deals: 2020 Week 48 (23 nov – 29 nov) 34 Selected deals: 2020 Week 47 (16 nov – 22 nov) 35 Selected deals: 2020 Week 46 (09 nov – 15 nov) 37 Selected deals: 2020 Week 45 (02 nov – 08 nov) 38 Selected deals: 2020 Week 44 (26 oct – 01 nov) 39 Selected deals: 2020 Week 43 (19 oct – 25 oct) 41 Selected deals: 2020 Week 42 (12 oct – 18 oct) 43 Selected deals: 2020 Week 41 (05 oct – 11 oct) 44 Selected deals: 2020 Week 40 (28 sep – 04 oct) 46 Selected deals: 2020 Week 39 (21 sep – 27 sep) 47 Selected deals: 2020 Week 38 (14 sep – 20 sep) 48 Selected deals: 2020 Week 37 (07 sep – 13 sep) 49 Selected deals: 2020 Week 36 (31 aug – 06 sep) 50 Selected deals: 2020 Week 35 (24 aug – 30 aug) 52 Selected deals: 2020 Week 34 (17 aug – 23 aug) 54 Selected deals: 2020 Week 33 (10 aug – 16 aug) 56 Selected deals: 2020 Week 32 (03 aug – 09 aug) 57 Selected deals: 2020 Week 31 (27 july – 02 aug) 58 Selected deals: 2020 Week 30 (20 july – 26 july) 59 2 | 85 Nordic M&A Tech Refresh Selected deals: 2020 Week 29 (13 july – 19 july) 60 Selected deals: 2020 Week 28 (06 july – 12 july) 61 Selected deals: 2020 Week 27 (29 june – 05 july) 62 Selected deals: 2020 Week 26 (22 june – 28 june) 63 Selected deals: 2020 Week 25 (15 june – 21 june) 64 Selected deals: 2020 Week 24 (08 june – 14 june) 65 Selected deals: 2020 Week 23 (01 june – 07 june) 66 Selected deals: 2020 Week 22 (25 may – 31 may) 68 Selected deals: 2020 Week 21 (18 may – 24 may) 69 Selected deals: 2020 Week 20 (11 may – 17 may) 70 Selected deals: 2020 Week 19 (04 may – 10 may) 72 Selected deals: 2020 Week 18 (27 apr – 03 may) 74 Selected deals: 2020 Week 17 (20 apr – 26 apr) 75 Selected deals: 2020 Week 16 (13 apr – 19 apr) 77 Selected deals: 2020 Week 15 (06 apr – 12 apr) 78 Selected deals: 2020 Week 14 (30 mar – 05 apr) 80 Selected deals: 2020 Week 13 (23 mar – 29 mar) 82 Selected deals: 2020 Week 12 (16 mar – 22 mar) 84 Selected deals: 2020 Week 11 (9 mar – 15 mar) 85 3 | 85 Nordic M&A Tech Refresh Selected deals: 2021 Week 16 (19 apr – 25 apr) Acquisitions, mergers and divestitures ► SharkCell, Denmark-based providers of BI solutions in the cloud, acquired by Computas, Norway- based providers of IT solutions and consultancy https://bit.ly/3aE7UKq ► Business Analyze, Norway-based providers of SaaS-based BI solutions, acquired by Viking Venture-backed House of Control Group, Norway-based SaaS developers providing an ecosystem of software solutions for CFO’s https://bit.ly/3gETf5Q ► SkyHost, Denmark-based developers of resource planning and fleet management solutions, acquired by Accel-KKR-backed Duett Software Group, Norway-based provider cloud-based ERP and economics software solutions https://bit.ly/32J8QsS ► Solutionhouse, Denmark/Netherlands-based specialist in Dynamic 365 ERP solutions, acquired by BE-terna Group, Austria-based leading European Microsoft and Infor solutions partner https://bit.ly/3u3UxLe ► Lendify, Sweden-based neobank providing peer-to-peer loans for high credit lenders, acquired by Lunar, Denmark-based mobile-based digital bank providing bank loan, account and management services https://bit.ly/2QTVMOA Growth capital ► Synthesia, Denmark-based AI video generation platform, raises 12,5 USDm in its Series A round led by FirstMark with participation from LDV Capital, MMC Ventures, Seedcamp, TinyVC and BA’s https://tcrn.ch/3gEc7C2 ► Elderlearn, Denmark-based startup building a matching platform for language students and elders, raises 9,6 DKKm from Innovationsfonden, University of Copenhagen and University of Aalborg https://bit.ly/3tR2Daj ► CluedIn, Denmark-based providers of a master data management platform for improved data connectivity across organizations, raises 15 USDm in its Series A led by Dawn Capital, with participation from Nordic Makers and BA’s https://bit.ly/3nlC5eT ► Unicontrol, Denmark-based providers 3D software for excavator operators, raises 6 DKKm from BA’s https://bit.ly/2Qns8S9 ► Lexplore, Sweden-based EdTech startup assessing children’s literacy skills using AI and eye- tracking, raises 5 EURm in funding from Sparkmind.vc https://bit.ly/2PmrCTP ► Jobilla, Finland-based startup developing a talent acquisition solution, raises 2,16 EURm from Trind VC https://bit.ly/32My5KJ 4 | 85 Nordic M&A Tech Refresh ► Ordr, Norway-based order and payments software solutions for the hospitality sector, raises 100 NOKm from Open Ocean and Idekapital https://bit.ly/3xpO3bW ► Nhost, Sweden-based SaaS developer of a serverless backend SaaS, raises 3 USDm in a round led by Nauta Capital with participation from Antler and BA’s https://bit.ly/3sKRu9u ► Virta, Finland-based leading European electric vehicle charging platform, raises 30 EURm in funding from Jolt Capital https://bit.ly/32Mm2x3 New funds ► Icebreaker, Finland-based early- and seed-stage investor, closes its second fund at 100 EURm https://bit.ly/32KeGKz 5 | 85 Nordic M&A Tech Refresh Selected deals: 2021 Week 15 (12 apr – 18 apr) Acquisitions, mergers and divestitures ► Erhvervs Webdesign, Denmark-based provider of website and marketing solutions for SME’s, sells 40% to Finance Zealand, Denmark-based SME-focused private equity-fund https://bit.ly/3dtGFEn ► Luxion, Denmark-based global leader in 3D product design rendering software, sells minority position to GRO Capital, Denmark-based technology-focused private equity-fund https://bit.ly/3dw8MTA ► Conoa AB, Sweden-based specialist in next-gen IT infrastructure, acquired by ProAct, Sweden- based European leader in data centre and cloud services https://bit.ly/3x9v4lU ► Greenbyte, Sweden-based provider of renewable energy management software used globally by wind and solar owners, merge with Power Factors, US-based energy management software and services provider, to form market leader in renewable energy software https://bit.ly/3n2B6zR ► MarketingPlatform, Denmark-based omnichannel marketing platform with an integrated customer data platform, acquired by Link Mobility, Norway-based European leader in mobile messaging and communications plat as a service solutions (CPaaS) https://bit.ly/3ea0CiQ Growth capital ► Tjommi, Denmark/Norway-based FinTech startup automatically claiming money from stores after price drops, raises 4,6 NOKm from Vækstfonden and BA’s https://bit.ly/3drH61R ► Dugga, Sweden-based EdTech startup developing an assessment platform for schools, raises 5,1 USDm in its Series A round led by Sparkmind https://bit.ly/3dvUCBT ► Monta, Denmark-based peer-to-peer platform for electric charging stations, raises 29,8 DKKm from byFounders, Pale Blue Dot, and BA’s https://bit.ly/3sD9SkN ► Cardlay, Denmark-based FinTech providing corporate cards and white-label solutions for banks and card issuers, raises 8 EURm from Global PayTech Ventures https://bit.ly/3amcVr4 ► Paperflow, Denmark-based FinTech providing automated data capturing of invoices and receipts, raises 9 DKKm from Lars Seier Christensen, Preben Damgaard, and other BA’s https://bit.ly/2QhsTfb ► Area9 Lyceum, Denmark-based developer of adaptive learning platforms, raises 140 DKKm from LEGO Ventures, Vækstfonden, European Investment Bank, family offices and BA’s https://bit.ly/3x6blDu ► Cognifirm, Denmark-based process robot for automating internal company processes, receives investment from Accelerace, Denmark-based incubator and pre-seed stage investor https://bit.ly/3mWSeXT 6 | 85 Nordic M&A Tech Refresh New funds ► Tera Ventures, closes 43 EURm seed-stage fund for New Nordics; Nordic and Baltic countries https://bit.ly/32qlFYN ► Pale Blue Dot, closes 87 EURm climate tech fund for European startups https://bit.ly/2ROQp3T 7 | 85 Nordic M&A Tech Refresh Selected deals: 2021 Week 14 (5 apr – 11 apr) Acquisitions, mergers and divestitures ► EasyUpdate, Norway-based administration and booking system for the beauty and wellness segment, acquired by EG, Denmark-based vertical software provider https://bit.ly/2PN036s ► InfoMax, Denmark-based developer of a Digital Asset Management platform, acquired by Viking Venture-backed FotoWare, Norway-based leading supplier of DAM solutions for multiple industries. The acquisition will strengthen FotoWare across Nordics https://bit.ly/2QfSiFM ► Copenhagen Software, Denmark-based developer of Azure-based application and architecture solutions, acquired by Hg-backed IT Relation, Denmark-based leading supplier of IT outsourcing services. Copenhagen Software will be integrated in their Miracle42 subsidiary, focusing on cloud application development, operations and support https://bit.ly/2OFVOcf ► FrontAvenue, Denmark-based developer of SafetyNet, a leading software tool for administration