Taking Nordic Technology to the Next Level. And Beyond.

Transcription

1 1 Taking Nordic Technology to the Next Level. And Beyond.

2 Top tier European VC with a Nordic base Long standing VC, established in 1996 Broad international investor base Experienced investment team of 8 General Partners in three locations Extensive industry network and co-investment experience Technology focus. One of the most active Clean Tech investors Emphasis on hands-on involvement and value added support 67 investments made to date, 30+ active Top-tier performance and exit record 2 2

3 NZ invests in game changing opportunities Large international market opportunity Compelling value proposition and a scalable business model Stellar and committed management team Significant potential for value creation Reasonable resources and time required to meet milestones Product easily recognized by potential customers They will act with a sense of urgency Channels to reach customers are definable and accessible Domain & customer knowledge and understanding Entrepreneurial drive and willingness to win Sustainable competitive advantages Protectable and unique IP First mover not sufficient! 3

4 A leading Nordic VC institution since 1996 Northzone learnings People make the difference Have a global focus from the outset Focus on operations and the building of a great company Commercial partnerships have limited value before they start to deliver results Give the company enough leeway to prove itself Be aware of changes in the industry, and be prepare to adjust Companies we DON T invest in Too early, not enough proof Size of the opportunity not big enough Unclear value proposition Business model not scalable Core management team not in place Limited competitive advantage, not unique enough A nice to have product or service not need to have 4

5 Extensive network of syndication partners International VCs Accel Partners Arts Alliance Cambrian Ventures Canopy Group Carlyle Group Diamond Technology Partners Foundation Capital GEO Capital Holland Ventures Index Ventures Intel Capital JMI Equity KT Ventures New Media Spark Sofinnova Partners TVM Wellington Partners 3i Network multiplier Industry insights Risk sharing Nordic VCs Alliance Ventures Conor Venture Partners Creandum Eqvitec Ferd Venture Four Seasons Venture InnovationsKapital Investor Growth Capital Provider Venture Partners Nordic Venture Partners Teknoinvest Viking Venture Vækstfonden Corporations Caldera Cisco Inprise Borland Intel (Intel Capital) Orkla Schibsted Telenor TK Corp. (KT Ventures) Verisign Viewsonic 5

6 Materials and Clean Tech Silicon Carbide (SiC) wafers and epitaxial layers (2005) a unique technology that uses thermal energy from the sun for air conditioning. (2008) Re-chargeable highcapacity Zinc/Air batteries (2005) wave energy device developer (2008) Patented system for hydraulic transmission which will increase the efficiency of wind turbines (2007) Breakthrough thermoelectric cooling and waste heat reclaim technology based on nano-scale semiconductor constructions. (2007) 6

7 Successful IPOs from Northzone s portfolio Listed on Oslo Stock Exchange (2005) Listed on Oslo Stock Exchange in 1997 Listed on London Stock Exchange in 2000 Listed on Oslo Stock Exchange (2006) Listed on Oslo Stock Exchange (2003) Merged with Labs2 and listed on Stockholm Stock Exchange (2004) Listed on Oslo Stock Exchange (2003) and later acquired by TeliaSonera (2006) Merged with Wicom and listed on Oslo Stock Exchange (2004) 7

8 Notable trade sales from Northzone s portfolio Acquired by TeliaSonera (2006) Acquired by Valueclick, Inc. (2005) Acquired by Telenor ASA (2006) Acquired by Enghouse Group (2008) Acquired by Euronext, the pan-european Stock Exchange (2006) Acquired by Canon, Inc. (2001) Acquired by Orkla Media (2004) Acquired by Spray (2000), and later sold to Lycos Europe (2001) Acquired by Travelocity, Inc. (2002) Acquired by Verisign Inc. (Nasdaq-listed 2008) 8

9 Consumer Applications investments Scandinavian online classified service for cars (1997) Online Virtual Factory outlet (2000) An application that empowers consumers to easily transfer, share and sync personal media. (2007) European online portal for digital photo services (2000) VisualDNA - a new method to personalize the web experience based on images (2007) European ski-and online booking site (1999) European online recruitment site and technology (1997) Online market place and service provider for real estate (2000) Online streaming music service (2008) Developer and publisher of Massive Multiplayer Online Games (2004) Shopping search and product comparison website (2003) Product review and comparison site (2006) The lowest cost mobile operator in Spain (2007) 9 Licence operator of the global name top level domain (1999) Scandinavia s leading travel site (1999) Leading European travel and leisure website (1998)

10 Communications investments Wireless communication platform for data, voice and video (2006) Provisioning tool for VoIP access point devices (2004) xdsl broadband provider with triple play offering (2000) IP-based wireless and broadband billing platform (2000) 3rd party service provider for operators and ISPs (1999) Ingress blocking and network mgt SW for cable operators (2005) IM and Presence platform for mobile operators (2000) Open source application development framework and UI platform (2000) Mobile operator for cruise ships and ferries (2004) Virtual PBX systems for mobile and IP telephony (2004) Solutions for professional video transport over IP networks (2005) 10

11 Semiconductors, HW and Hardware EDA tools for formal verification of semiconductor designs (2003) Optical components based on light modulator technology (2001) Low cost liquid cooling for high performance computers (2005) Fabless semiconductors for backplane switching (2004) Programmable network interface adapters for 1-10Gb (2004) Process for fabrication of micro- and nanostructures in metals. (2006) Integrated Module Board (IMB) technology (2007) 11

12 Enterprise SW and IT Services investments E-learning software and services delivering turn-key solutions (2000) Platform for distribution of corporate financial information (1999) Specialized online purchasing pool for SMEs and residentials (1997) Development platform for converged voice and data solutions (2002) Online purchasing pool and SW for admin. processes (2000) IT outsourcing services for SMEs (2000) Service Level Management platform (2006) Identity and Access management solutions (2004) Java desktop technology (1998) Web based OS and SW development platform (2007) Market leading Web Content Management System used by more than 1,700 companies. Complete and cost effective ERP and CRM solutions for SMEs (1998) Enterprise search engine technology (2007) 12

13 Northzone in summary Unparalleled track record in building Nordic technology companies 68 investments to date, 30+ currently active Among the 30 active, 7 are headquartered abroad, and 9 have non-nordic CEOs Fund size and experience to take companies all the way 18 IPOs and Trade Sales to date Proven ability to add value to portfolio companies Partner team of entrepreneurs and/or international business managers Generally recognized as the most active contributor in portfolio companies Significant impact on strategy, business model and execution Rapidly moving into the group of European top-tier VCs The biggest fund in the Nordic region, nearing the size of leading European VCs Significant amount of funding from top-tier European and Nordic investors Strong reputation with unmatched deal flow from the Nordics Documented ability to attract co-investors and syndicate investments 13

14 Contact Copenhagen Strandvejen 100 4th floor 2900 Hellerup Denmark Tel Oslo BA2 Centre Bygdøy Allé 2 Pb. 573 Sentrum 0105 Oslo Norway Tel Stockholm Mäster Samuelsgatan 42, Floor Stockholm Sweden Tel