SINTEF Innovation Concept. Sinvent AS 1

Transcription

1 SINTEF Innovation Concept Sinvent AS 1

2 1. SINTEF Group 2. SINTEFs tech transfer operation 3. SINTEF spin-offs. Examples Sinvent AS 2

3 Technology for a better society Sinvent AS 3

4 Our partners The Norwegian University of Science and Technology, NTNU NTNU is a centre for technological education and research in Norway, with a solid foundation in the natural sciences. The University of Oslo, UiO The University of Oslo is Norway s largest and oldest institution of higher education. Strategic Interaction NTNU personnel working on SINTEF projects SINTEF employees teach at NTNU Joint use of laboratories and instruments NTNU and SINTEF Collaboration in R&D Sinvent AS 4

5 Projects in SINTEF 60% 59% 50% 46% 40% 30% 27% 25 % 20% 10% 3% 13% 17% 11% Proportion of projects Proportion of total turnover 0% Under Over Project size in NOK, 2009 Size of projects and proportion of turnover (7216 projects for 2200 customers in total in 2009) Sinvent AS 5

6 Occupational groups in SINTEF 13 % (243) Adm. staff/leaders 6 % (110) Technical personnel 9 % (166) Engineers 73 % (1376) Researchers Of whom 634 hold doctorates SINTEF has 2123 employees from 68 countries Sinvent AS 6

7 Investments (% of net operating revenues) Buildings Scientific equipment Sinvent AS 7

8 Gross operating revenue International contracts 14 % Other sources of income 11 % RCN basic grant 4 % RCN strategic programme 3 % RCN project support 18 % Public sector 11 % Industry and commerce 39 % The SINTEF Group turnover in 2009: NOK 2.8 billion Sinvent AS 8

9 SINTEF organisation SINTEF Holding Sinvent AS 9

10 1. SINTEF Group 2. SINTEFs tech transfer operation 3. SINTEF spin-offs. Examples Sinvent AS 10

11 Sinvent AS is a wholly owned subsidiary of SINTEF, with corporate responsibility of SINTEF s tech transfer operation SINTEF s license portfolio SINTEF s venture portfolio SINTEF s IPR portfolio Sinvent AS 11

12 Forvaltning Forvaltning Organisasjonsstruktur 100% 97% SINTEF Fiskeri og 1,2% SINTEF Holding AS 100% Sinvent AS Havbruk AS 56% Marintek AS 7,4% 63% 61% SINTEF Energi AS 14,3% 25% SpinOut Venture II AS 75% SINTEF 100% SINTEF Petroleums- 14,3% Venture II AS 100% SINTEF Venture III AS forskning AS Sinvent AS 12

13 Sinvent AS - Management Anders Lian - Managing Director - BBA NHH - Norsk Hydro (7 years Norway, England and France) - Gjensidige NOR (10 years; Group financials, life insurance, investor relations and private equity) Nils Spidsøe - Director - Master of Science NTNU - SINTEF - 21 years in various positions - Research Director of SINTEF Civil and Environmental Engineering Jostein Bjøndal - Investment manager - BBA NHH, MIB NHH - SINTEF (5 years; R&D and management) - Leiv Eiriksson Nyfotek (3 years; innovation and investment processes) - Fokus Bank (2 years; Sales corporate market), Danske Securities (1 year; Corporate Finance) Kåre Herje Financial manager - BBA, BA University of Vermont - Director Export / Import companies for 5 years in US / Canada - IBM 2 years (Facilities Planning) - SINTEF 8 years in various positions at HQ Marit Cecilie Solem Administration - SINTEF - 16 years in various departments and positions Sinvent AS 13

14 1. SINTEF Group 2. SINTEFs tech transfer operation 3. SINTEF spin-offs. Examples Sinvent AS 14

15 Venture portfolio Name Phase Industry Revolt Technology AS Seed High quality batteries based on metal-air fuel cells Biosergen AS Seed Development and license of Nystatin derivates for use in production of antibiotics against fungus infections ResMan AS Growth Permanent, wireless and reliable downhole measurement systems for inflow monitoring and control Crusin AS Seed Resusable crucibles for solar cell production Comex Growth Technologies for production and classification of fine powders and optical separation of large particles. Ecowat AS Seed Equipment for water and gas purification and pollution handling Optosense AS Venture Sensors for demanding gas measurement applications edrilling Solutions AS Venture Systems for simulating, monitoring and visualising drilling operations in three dimensions and in real-time polight AS Seed Cost-efficient autofocus lens for micro cameras SpermVital AS Venture Technology for embedding sperm cells in a gel for artificial insemination GasSecure AS Seed Systems for wireless gas detection Sinvent AS 15

16 Company established in 2004 based on technology from SINTEF Materials and Chemistry Shareholders: SpinOut Venture II (coowned by SINTEF Venture and Verdane Capital), Viking Venture, Northzone, TVM, Sofinnova, RWE Innogy and management Develops and will market high quality batteries based on metal-air fuel cells Located in Zürich, Switzerland. CEO James P. McDougall Sinvent AS 16

17 Company established 2004 based on genetic engineering from SINTEF and NTNU Shareholders: SpinOut Venture II (coowned by SINTEF Venture and Verdane Capital), Karolinska Development II and management Business concept: Development and license of Nystatin derivates for use in production of antibiotics against fungus infections Located in Trondheim. CEO Nils Spidsøe Sinvent AS 17

18 Company established 2005 based on technology from SINTEF and IFE Shareholders: SpinOut Venture II (coowned by SINTEF Venture and Verdane Capital), IFE, Energy Capital Management and management RESMAN offers permanent, wireless and reliable downhole measurement systems for inflow monitoring and control Located in Trondheim. CEO Pål Vorkinn Sinvent AS 18

19 Company established 2003 based on technology from SINTEF Shareholders: SpinOut Venture II (coowned by SINTEF Venture and Verdane Capital), Såkorninvest Midt- Norge, E-Co Norne and management Develops and will market resusable crucibles for solar cell production Located in Trondheim. CEO Arve Solheim Sinvent AS 19

20 Company established May 2007, based on chemical and oil/gas competence in SINTEF Shareholders: SINTEF Venture III, Viking Venture II and Tore Skjetne The Company develops and will market equipment for water and gas purification and pollution handling Located in Trondheim. CEO Tore Skjetne Sinvent AS 20

21 Founded in 1998 SINTEF license converted to shares in the company June 2007, as new investors joined the company Shareholders: SINTEF Venture III, ProVenture, Alliance Polaris, management Development and OEM sales of sensors for demanding gas measurement applications Located in Oslo. CEO: Terje Hanserud Sinvent AS 21

22 Founded in 2005 as spinoff from Ignis ASA and based on SINTEF technology. SINTEF invested in Shareholders: SINTEF Venture III, Viking Venture, Alliance Venture and private and institutional investors Develops cost-efficient autofocus lens for micro cameras Located in Horten. CEO: Geir Gjørva Sinvent AS 22

23 Founded in 2008, based on well drilling research and results from SINTEF Petroleumsforskning Shareholders: SINTEF Venture III, Hitec Products Drilling AS and management Develops and offers systems for simulating, monitoring and visualising drilling operations in three dimensions and in real-time Located in Stavanger og Bergen. CEO: Rolv Rommetveit Sinvent AS 23

24 Founded in 2008, based on alginate research and results from SINTEF Energy Research Shareholders: SINTEF Venture III, Biokapital and Norsvin Develops and will deliver system and technology for embedding sperm cells in a gel for artificial insemination Advantage: increase in fertilisation period, and number of babies, for cattle and pigs and other animals Located in Hamar. CEO: Jørn Ulheim Sinvent AS 24

25 Founded in 2009, based on research and results from SINTEF ICT Shareholders: SINTEF Venture III, Proventure Seed and Viking Venture Develops and will deliver systems for wireless gas detection Located in Oslo. CEO: Knut Sandven Sinvent AS 25

26 Exits some examples Sinvent AS 26

27 Spun out in 1998 from SINTEF Energy Research Listed on OSE 2005 Sold to Arendals Fossekompani AS i 2009 Markets software products and services for energy applications Located in Trondheim Sinvent AS 27

28 Sold to French Bacou-Dalloz June 2007 in a 120mUSD + earn out deal Investors by the time of exit: SpinOut Venture I (co-owned by Sinvent and Verdane Capital), Ferd Venture, Viking Venture and management Investors awarded Venture exit of the year by Nordic Unquote Nacre sells QuietPro, which is an adaptive intelligent hearing protector and communication terminal Located in Trondheim. Sinvent AS 28