Welcome to Norwegian Investment Forum
Norwegian Investment Forum has been the largest venture capital conference in Norway the last 17 years.
It’s a unique arena for investors to meet Norwegian entrepreneurs, to network and discuss trending industry topics.
The topic for 2015 is ”The Changing Landscape of Venture Investing”.
The Changing Landscape of Venture Investing
Norwegian Investment Forum is the largest annual venture capital event in Norway that gathers 300 participants from the Nordic venture capital community, business angels and start-up companies. International keynote speakers set the agenda and point out trends for the coming years. Norwegian Investment Forum presents the most interesting blend of promising Norwegian start-ups, from digital/mobile, life science and med tech, energy/maritime and impact investments.
The event is an exclusive opportunity to meet the leading Nordic and European investors to discuss investments, exits and industry trends, and to expand your business network for future collaboration.
Welcome to the 17th annual Norwegian Investment Forum!
Click the headings and read more about the main topics:
PART ONE: THE NEW VENTURE CAPITAL
”Nordic Tech is on Fire”, according to Creandum. With only 3% of Europe’s population, the Nordic have taken on 11% of Europe’s VC investment and turned that into $3.9 bn yearly in exit value over the last ten years, In 2014, 4 Nordic unicorns ($bn) exited and the total annual exit value was the highest ever.
Seed funding boom in U.S. We have heard about the Series A Crunch since 2011. The number of seed-funded companies has quadrupled over the last four years in U.S. More than 200 micro venture capital firms have raised more than $4 bn to invest in early stage companies, AngelList and FundersClub are growing, incubators and accelerators are pushing out large numbers of companies at Demo Day. Now, they look to Europe and the Nordics.
New players. In Europe, we’ve seen a number of new VC’s setting up. Felix Ventures and Mosaic Ventures are both spin out teams from other established funds. The European entrepreneurial ecosystems show a general increase in the capacity to generate talent and successful startups, capable of attracting foreign investors. Google Ventures launched a $100m fund dedicated exclusively to Europe last year, and there are more U.S. funds crossing the Atlantic in search of interesting companies.
What does this mean to the entrepreneurs, the investors and the LPs? We have invited some of the key players in the market to give us their Point of View on The New Venture Capital.
Tatiana Issaeva is the co-founder and Partner of Fluent Digital Capital. She is a strong believer in the European innovation potential and a bright future of the European Venture capital as an asset class.
Sean Percival is a marketing guru and Partner at 500 Startups, passionate about giving organizations an unfair advantage in the marketplace. He is an investor in over 75 companies and program director of the Mountain View accelerator.
PART TWO: SCALING UP!
The technology works well, the customers love the product – but scaling up & international growth is a total different game. How do you identify the potential global winners from the ”small, local business forever” ’s? When is it time to cut loose? Our industry depends on high returns on exits. What are the appetites of the Corporate M&As?
In this session, we will hear from some of the experts in the field.
Haakon Overli co-founded Dawn Capital in London. Five years ago, Dawn funded one of the most promising Norwegian startups, Gelato Group, with series A funding in 2010. Today, Gelato are located in 12 countries and reported 83% revenue growth in Q1 2015.
Hjalmar Winbladh has a solid reputation in the tech and digital space as the creator of businesses like Sendit, Rebtel and Wrapp. Now, he scales up EQT Partners’ digital and technological competence by joining the investment advisory firm full time.
Another Day. Another Exit. Jason Purcell and First Capital assists European tech ventures in growth funding and M&As. He knows what the corporations loaded with cash wants. It’s all about timing, right? Or is it?
PART THREE: ENTREPRENEURS GOES GLOBAL
Ambitious entrepreneurs and investors, here’s to you. Just to give you a teaser:
“Small companies had a tough time selling to big companies. They like stable vendors, and small companies are notoriously unstable.”
“We walked in the desert for a long time.”
“I love my venture capitalists; they’re great people and supported us really well. We took some loans from family, tens of thousands of dollars initially and a bit later, more later, some from the bank and worked really hard. We didn’t pay ourselves salary for many years, which I’m sort of proud of. It’s like a badge of honor.”
“…Over my dead body, would I let (the company) fail.”
These are some quotes from David Helgason. Born in Reykjavik, raised in Copenhagen, studied physics, Arabic and psychology, founded several startups – but became world famous for disrupting the gaming industry through Unity Technologies. He co-founded the company in 2004 with two buddies, moved to San Francisco and got funded by Sequoia Capital, WestSummit, iGlobe Partners and others. Unity Technologies has 550 employees in 27 locations, from 32 different nationalities today.
Introducing first speakers
Founder of Unity Technologies
David is a technologist and visionary, founder of Unity, non-executive director of Plain Vanilla, and a restless entrepreneur with a passion for creating feedback loops between innovation and teams and revenue streams, applying new and old business models to changing industries, and pushing people to do the very best they can do.
David‘s background is in software, an assortment university dabbling, creating companies, and helping entrepreneurs. He served as CEO of the game technology company Unity Technologies since co-founding it in 2003 and until October 2014, with the unflinching vision to democratize game development, and to develop technology and business models for the next generation of the games industry.
Partner, Co-Head of EQT Ventures, Stockholm
Mr. Winbladh is Co-Head of EQT Ventures and joined EQT Partners in 2015. Prior to joining EQT Partners, Mr. Winbladh supported EQT Partners for several years as key Industrial Advisor with the TMT segment. Mr. Winbladh founded SendIt in 1994, one of world’s first developers of mobile internet technology incl world’s first clouded mobile mail service, having patents for underlying technology for MMS etc. In 1997 SendIt listed on the Stockholm Stock Exchange and was later acquired by Microsoft in 1999. Mr. Winbladh has also previously founded Rebtel (a leading independent mobile voice over IP company), Epidemic Sound, Sinch and Wrapp. Mr. Winbladh holds a degree from INSEAD, France, and a degree from Stockholm University, Sweden
Sean Percival is a Partner at 500 Startups with a focus on the Nordics, Bitcoin and the Mountain View accelerator.
He launched his first internet startup in 2006 for a mere $12, then sold it in 2009 at an 835,000% return on investment. His second internet company (the popular media site lalawag), which he founded with his wife Laurie, was created in 2008 and sold in 2010. More recently Sean was the CEO and Co-Founder of Wittlebee, the kids clothing club. Prior to that he was the Vice President of Online Marketing at Myspace.
He’s also been a recognized, leading authority in digital business, media, entertainment, online marketing, and e-commerce, working with high-profile startups and companies including MySpace, Tsavo Media, Docstoc, and Mahalo among others. His projects and insight have also been featured in Forbes Magazine, The Los Angeles Times, TechCrunch and at SMX: Search Marketing Expo and many more.
Managing Partner at Fluent Digital Capital
Tatiana is Managing Partner of Fluent Digital Capital, a new generation fund of funds focusing on European early stage and micro venture capital funds investing in digital technology. Before co-founding Fluent Digital in March 2015, Tatiana was Venture Capital Investment Manager at European Investment Fund (EIF), the largest European growth and venture capital fund-of-funds. During her 4 years at EIF, Tatiana has led investments into 15 European early stage and growth venture capital funds, including latest funds of Creandum, Inventure, Sunstone, Prime Ventures, Atomico and Balderton. She also worked on the development of EIF’s new investment products and represented EIF at European Digital Forum working group. Before joining EIF in early 2011, Tatiana was contributing to the development of next generation mobile networks in various technical and business roles at Nokia. She holds an MBA from Aalto University School of Business and M.Sc. in Information Technology from Lappeenranta University of Technology.
Haakon is a co-founder of Dawn Capital. Dawn Capital is a venture fund focused on Enterprise Software and Fintech. Dawn are a team of experienced entrepreneurs who help European Founders build great global companies. The portfolio companies include Gelato Group, iControl, iZettle Mimecast, Neo Technology, Showpad, and 90MIN.
Prior to Dawn He co-founded Self Trade, a pan-European online broker, and acted as the CEO for the highly successful British part of the business and was a member of their European Executive Board. Self Trade S.A was floated in April 2000 at €750M and then sold in October 2000 to DAB (a subsidiary of HVB of Germany) for €911M. In an earlier life, Haakon was Head of Technology Investment Banking at ING Barings and worked at JP Morgan in New York.
Haakon has served on the boards of Self Trade and Wonga.comamongst others, and currently looks after Dawn’s investments in Neo Technology, 90MIN and First Care.
Throughout his career, Haakon has been helping early stage companies with their first commercial efforts through to managing accelerated growth, often by serving as an interim manager or board member.
Jason is the CEO and co-founder of FirstCapital. He is an accomplished and experienced investment banker, with a successful track record of advising on transactions in Europe, US and Asia and delivering exceptional value to clients. In a career spanning more than 20 years Jason has worked on a wide range of deals including mergers, acquisitions, exits, MBOs, fundraisings and IPOs.
Prior to founding FirstCapital, Jason was a Director of Union Bank of Switzerland (UBS), where he worked in international capital markets. Notably he established the subcontinent desk in London in the early 90s, and was instrumental in setting up investment banking operations in India and Pakistan. Previously, he was a number 1 ranked equity analyst with Smith New Court based in Hong Kong. Jason is a Chartered Financial Analyst, and has a BA and MA in Management Studies and Physics from Cambridge University.
CALL FOR COMPANIES!
We want to showcase the best of Norwegian technology startups within:
- Part 1 08:30 - 11:45
THE NEW VENTURE CAPITAL
- Part 2 12:30-14:10
- Part 3 16:00
- Part 4 17:30 – 18:30
Oslo Innovation Week
Conference presenter: Anne Worsøe
Welcome and Opening
“State of the Venture Capital market” KC Agerup, Oslotech
The landscape is changing; a new type of investors is funding the startups. Who are they, how do they work and what does this means to the institutional investors and entrepreneurs?
Keynotes and Fireside chat
9:10 – 10:00
The New Venture Capital – an LP POV” Tatiana Issaeva, Fluent Digital Capital
“Accelerators money ball” Sean Percival, 500 Startups
10:00 – 10:10
10:10 – 10:30
10:30 – 11:45
LUNCH 11:45 – 12:30
Power pitch (10 min)
Break (20 min)
2 (3) x 8 Company presentations A (75 min):
- Health & life science
- Energy, sustainability, impact investing
“Chasing Nordic Unicorns”, Haakon Overli, Dawn Capital
“The Series B Crunch”, Hjalmar Winbladh, EQT
“Another day, another exit.” Jason Purcell, Co-founder & Managing Director First Capital
14:00 – 14:10
14:10 – 14:30
14:30 – 15:45
15:45 – 16:00
Power pitch (10 min)
Break (20 min)
2 (3) x 8 Company presentations B (75 min):
- Health & life science
- Energy, sustainability, impact investing
16:00 – 16:30
“What it takes to conquer the world.” David Helgason, co-founder Unity Technologies
16:30 – 17:30
Startups can compete to win a solid first price in the OIW 100 Pitches contest. Investors, media and delegates can get an overview on what’s stirring on the Norwegian startup scene. The winner will be announced at the Finale and party Thursday 15 October @ Norwegian Investment Forum
Drinks & food
18:30 – 23:00
12. – 16. October 2015
@osloiw #oiw2015 #norinv2015