Portfolio Review Q1 2021

The first quarter of the year was one of our most active in the history of the company. The period saw two exits, six funding rounds in the portfolio, and one new investment.


Exits

Whiteboard.fi was sold to Kahoot!. The rapid growth of the company was underlined with an exit in less than six months after the investment. Read our post about the exit here.


Our stake in Cityvarasto was sold in a secondary transaction.


Investment Activity

A new investment was made into tax technology company RoyaltyRange. RoyaltyRange provides data globally to industry-leading multinational enterprises, global consulting companies, and international law firms in more than 60 countries.


Follow-on investments were made into Jeff, Skand, and SportaPost.


Portfolio Highlights

Cambri received €3.6 million Series A funding round. The round was lead by OpenOcean and Spintop Ventures.


Montinutra, a subsidiary of our portfolio company Montisera, got an investment of €1 million from Metsä Spring and private investors.


Jeff raised $1 million from angel investors and Startup Wiseguys.


Screenful received an investment from Atlassian Ventures.


Skand completed its funding round on Invesdor platform, raising €845 thousand. The equity funding is supplemented by €1 million debt financing.

Recent Posts

See All

2021 continued as an active year for the portfolio companies, with two companies announcing their funding rounds. Investment Activity One new and one follow-up investment was made in Q3. RFA invested

As with the first quarter of the year, also the second quarter was active for RFA with three new investments and one follow-on rounds. Several portfolio companies also succeeded in their fundraising.