Copen\u00adha\u00adgen \/ Berlin \u2014 Verdane, a Euro\u00adpean private equity firm specia\u00adli\u00adzing in growth capi\u00adtal, today announ\u00adced the final closing of the Verdane Idun I Fund (\u201cIdun\u201d or \u201cthe Fund\u201d) at the hard cap of \u20ac300 million. The fund is thus above the origi\u00adnal target fund volume of 225 million euros. Idun is an impact fund compli\u00adant with Article 9 of the EU Disclo\u00adsure Regu\u00adla\u00adtion that invests in tech\u00adno\u00adlogy-based compa\u00adnies in Europe. With the launch of Idun, Verdane under\u00adpins its ambi\u00adti\u00adons in the field of sustaina\u00adbi\u00adlity and aims to achieve posi\u00adtive sustainable effects through its invest\u00adments in fast-growing companies.<\/p>\n
The fund has alre\u00adady made three invest\u00adments: in Auntie<\/strong> (www.auntie.io), a digi\u00adtal provi\u00adder of work\u00adplace mental well\u00adbe\u00ading services, in Spond<\/strong> (www.spond.com), a digi\u00adtal plat\u00adform for grass\u00adroots sports and physi\u00adcal health promo\u00adtion, and in a third company to be announ\u00adced at a later date.<\/p>\n Bjarne Kveim Lie (Photo \u00a9 <\/strong>Verdane), Co-Foun\u00adder and Mana\u00adging Part\u00adner of Verdane<\/strong>.We would like to thank both our exis\u00adting and new inves\u00adtors for the trust they have placed in us. Their encou\u00adra\u00adge\u00adment of Idun rein\u00adforces our approach of focu\u00adsing on tech\u00adno\u00adlogy as a key driver of more sustainable deve\u00adlo\u00adp\u00adment. We believe that inves\u00adtors like Verdane should take a leading role in this deve\u00adlo\u00adp\u00adment and support foun\u00adders and manage\u00adment teams in inte\u00adgra\u00adting sustaina\u00adbi\u00adlity into their busi\u00adness models, ther\u00adeby crea\u00adting value with a posi\u00adtive impact. The success of Idun\u2019s fund\u00adrai\u00adsing also reflects the contin\u00adued deve\u00adlo\u00adp\u00adment of our company and we look forward to inves\u00adt\u00ading the commit\u00adted capi\u00adtal in a way that makes a posi\u00adtive contri\u00adbu\u00adtion to the world we live in.\u201d<\/p>\n Inves\u00adtors in the fund include leading insti\u00adtu\u00adti\u00adons such as Nysn\u00f8, the Norwe\u00adgian sove\u00adreign wealth fund for invest\u00adments to address climate change, and AP3, one of Sweden\u2019s largest public pension funds.<\/p>\n As with Verda\u00adne\u2019s previous invest\u00adments, Idun will focus on tech\u00adno\u00adlogy-based solu\u00adti\u00adons in the core areas of energy tran\u00adsi\u00adtion, sustainable consump\u00adtion, and resi\u00adli\u00adent socie\u00adties. Verdane bene\u00adfits from its many years of expe\u00adri\u00adence as a growth inves\u00adtor in sustainable busi\u00adness models.<\/p>\n All of Idun\u2019s invest\u00adments must meet both finan\u00adcial and tangi\u00adble sustaina\u00adbi\u00adlity crite\u00adria. Verdane under\u00adstands this to mean contri\u00adbu\u00adting to the imple\u00admen\u00adta\u00adtion of at least one of the UN Sustainable Deve\u00adlo\u00adp\u00adment Goals (SDGs), as well as quali\u00adfy\u00ading invest\u00adments accor\u00adding to an \u201cImpact Frame\u00adwork\u201d deve\u00adlo\u00adped speci\u00adfi\u00adcally by Verdane and based on the Impact Manage\u00adment Project. Each port\u00adfo\u00adlio company of the Idun Fund will regu\u00adlarly report on defi\u00adned sustaina\u00adbi\u00adlity metrics. Both the carried inte\u00adrest and the loan terms of the fund are linked to the achie\u00adve\u00adment of the asso\u00adcia\u00adted sustaina\u00adbi\u00adlity targets.<\/p>\n Idun has recei\u00adved strong support from exis\u00adting inves\u00adtors, most of whom are insti\u00adtu\u00adtio\u00adnal inves\u00adtors, inclu\u00adding foun\u00adda\u00adti\u00adons, family offices and pension funds.<\/p>\n Idun\u2019s manage\u00adment team has both signi\u00adfi\u00adcant entre\u00adpre\u00adneu\u00adrial expe\u00adri\u00adence and exten\u00adsive exper\u00adtise in impact inves\u00adt\u00ading. The Idun team is part of the Verdane plat\u00adform with its more than 90 invest\u00adment experts, as well as the Verdane Elevate team, which consists of experts with parti\u00adcu\u00adlar opera\u00adtio\u00adnal know-how. With this approach, Verdane can opti\u00admally support compa\u00adnies in reali\u00adzing their full value crea\u00adtion poten\u00adtial and making a posi\u00adtive contri\u00adbu\u00adtion to a more sustainable world. The fund will be mana\u00adged by part\u00adners Chris\u00adtian Jebsen <\/strong>and Erik Osmund\u00adsen<\/strong>, supported by direc\u00adtors Reed Snyder and Karin Kans and sustaina\u00adbi\u00adlity lead Axel Elmqvist.<\/p>\n Chris\u00adtian Jebsen, Part\u00adner at Verdane, said, \u201cCoupled with the announce\u00adment of the Idun closing at the begin\u00adning of the year, we see a strong pipe\u00adline of poten\u00adtial invest\u00adment oppor\u00adtu\u00adni\u00adties across Northwest Europe, as eviden\u00adced by the fund\u2019s first invest\u00adments in three promi\u00adsing new port\u00adfo\u00adlio compa\u00adnies. We believe that sustaina\u00adbi\u00adlity will play an incre\u00adasingly important role as a dedi\u00adca\u00adted stra\u00adtegy for growth and private equity invest\u00adments. The entire indus\u00adtry is just evol\u00adving stron\u00adgly towards a more sustainable and respon\u00adsi\u00adble mind\u00adset. As an estab\u00adlished part\u00adner for growth in tech\u00adno\u00adlogy and sustaina\u00adbi\u00adlity, Verdane crea\u00adtes value and helps its port\u00adfo\u00adlio compa\u00adnies scale their busi\u00adness models. We look forward to working with their manage\u00adment teams to make a posi\u00adtive impact.\u201d<\/p>\n Verdane is one of the most active growth equity inves\u00adtors in Northwest Europe, having made 17 invest\u00adments in 2021, inclu\u00adding four port\u00adfo\u00adlio tran\u00adsac\u00adtions. Idun will comple\u00adment the exis\u00adting Capi\u00adtal and Edda fund stra\u00adte\u00adgies, adding an important invest\u00adment area to Verdane. The fund aims to deve\u00adlop a frame\u00adwork and tools for impact inves\u00adt\u00ading that will set bench\u00admarks and be available to the rest of the invest\u00adment company\u2019s teams as they refine and add value to their invest\u00adment strategies.<\/p>\n About Verdane<\/strong><\/p>\n Verdane is an invest\u00adment company specia\u00adli\u00adzing in growth capi\u00adtal that supports compa\u00adnies with sustainable and tech\u00adno\u00adlogy-based busi\u00adness models in their inter\u00adna\u00adtio\u00adnal growth. Verdane parti\u00adci\u00adpa\u00adtes as a mino\u00adrity or majo\u00adrity inves\u00adtor in indi\u00advi\u00addual compa\u00adnies or port\u00adfo\u00adlios of compa\u00adnies, focu\u00adsing on three core themes: Copen\u00adha\u00adgen \/ Berlin \u2014 Verdane, a Euro\u00adpean private equity firm specia\u00adli\u00adzing in growth capi\u00adtal, today announ\u00adced the final closing of the Verdane Idun I Fund (\u201cIdun\u201d or \u201cthe Fund\u201d) at the hard cap of \u20ac300 million. The fund is thus above the origi\u00adnal target fund volume of 225 million euros. Idun is an impact fund [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":39274,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1369,1373],"tags":[],"class_list":["post-40174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-investors","category-venture-capital-en"],"yoast_head":"\n
\nDigi\u00adtal Consu\u00admer, Soft\u00adware and Sustainable Society. Verda\u00adne\u2019s funds have capi\u00adtal commit\u00adments of \u20ac3.6 billion. Since 2003, the company has inves\u00adted in more than 135 fast-growing companies.
\nVerda\u00adne\u2019s team of more than 90 employees, with offices in Berlin, Copen\u00adha\u00adgen, Helsinki, London, Oslo and Stock\u00adholm, is commit\u00adted to being the best part\u00adner for growth capi\u00adtal in Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"