Stockholm-based funding agency Incore Make investments has raised €25 million to increase its portfolio with the launch of Incore Make investments II, a brand new fund designed to speed up the expansion of high-potential SaaS, embedded finance and FinTech corporations throughout Europe.
The fund has attracted notable traders together with NHL star Victor Hedman, TV character Renée Nyberg, artist Molly Sandén and handball legend Staffan Olsson, underlining Incore’s distinctive mannequin of mixing capital with high-profile strategic help.
“Incore Make investments II is the pure evolution of our funding technique,” mentioned Nicolai Chamizo, CEO and Founding father of Incore Make investments. “We’re constructing on a robust basis and increasing into larger alternatives with a selective and high-conviction strategy. Conventional finance is shifting in direction of extra revolutionary and scalable options, and we see an amazing alternative to help the subsequent wave of transformative companies.”
Based in 2022, Incore Make investments focuses on progress stage investments, contributing each sector experience in addition to deep networks within the European tech house.
Constructing on the success of Incore Make investments, the brand new fund will help companies with confirmed income fashions and robust progress potential, significantly within the Nordic and Northern European markets, together with the UK.
Incore Make investments II will present strategic and long-term capital to companies which have already demonstrated robust fundamentals, however want help to scale additional. The fund takes a selective strategy, investing in corporations with established income streams and permitting them to speed up progress with out the constraints of conventional enterprise capital.
By figuring out high-potential alternatives early, Incore Make investments II goals to increase its portfolio whereas deepening its involvement in key investments, guaranteeing hands-on partnerships to drive operational progress.
In accordance with Incore, this launch comes as FinTech, SaaS and embedded finance industries proceed to evolve beneath regulatory shifts akin to PSD2/3 and the increasing open banking framework.
Europe has been a breeding floor for monetary innovation, however growth-stage corporations usually wrestle to safe funding that balances strategic involvement with long-term progress potential – as per feedback by Incore. By bridging this hole, Incore Make investments II goals to be influential in serving to European startups create new financial alternatives.
As a part of its progress technique, Incore has additionally strengthened its staff by hiring Kasper Terrvik as Funding Supervisor. Kasper, who beforehand labored in Bloomberg’s analytics division earlier than becoming a member of SEB Company Finance as an M&A analyst specializing in expertise and progress corporations, brings experience in deal sourcing, valuation and monetary modelling.
Kasper Terrvik commented, “Incore Make investments is an thrilling agency with robust momentum, and the chance to assist form and scale a dynamic funding firm is very compelling. With our new fund, we have now the mandate to pursue high-growth software program companies throughout a number of verticals, and I stay up for figuring out and supporting probably the most promising corporations on this house.”
