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Summa Equity

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 17
Average round size
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The average size of a deal this fund participated in
$22M
Portfolio companies 7
Rounds per year 2.12
Lead investments 4
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.59
Exits 1
Key employees 12

Areas of investment

  • CleanTech
  • Aerospace
  • Air Transportation
  • Energy
  • Software
Summary

Summa Equity appeared to be the VC, which was created in 2016. The company was established in Europe in Sweden. The main department of described VC is located in the Stockholm.

For fund there is no match between the location of its establishment and the land of its numerous investments - Norway. Among the most successful fund investment fields, there are Information Technology, SaaS. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Documaster.

The standard case for the fund is to invest in rounds with 2 partakers. Despite the Summa Equity, startups are often financed by TeleVenture Management, Summa Digital, Norselab. The meaningful sponsors for the fund in investment in the same round are Norselab, Chalmers Ventures AB.

The common things for fund are deals in the range of 1 - 5 millions dollars. The top activity for fund was in 2019. The fund is constantly included in 2-6 deals per year.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Summa Equity:
Typical Co-investors
Summa Equity is more likely to invest in rounds together with the following funds:
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Summa Equity:
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Moonrise Venture Partners -
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SiE Information Industry Investment Fund -
Stockholm Business Angels, STOAF Stockholm, Stockholm County, Sweden

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

ZeroAvia

Aerospace
Air Transportation
CleanTech
$34M12 Sep 2024 California, United States

ZeroAvia

Aerospace
Air Transportation
CleanTech
$116M18 Sep 2023 California, United States

Tibber

Apps
Customer Service
Energy
Energy Efficiency
Energy Management
$106M09 Mar 2022 Norway, Vestfold og Telemark, Norway

ZeroAvia

Aerospace
Air Transportation
CleanTech
$35M13 Dec 2021 California, United States

ZeroAvia

Aerospace
Air Transportation
CleanTech
$13M29 Jun 2021 California, United States

ZeroAvia

Aerospace
Air Transportation
CleanTech
$24M31 Mar 2021 California, United States

ZeroAvia

Aerospace
Air Transportation
CleanTech
$21M16 Dec 2020 California, United States

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Total investments 17
Average round size 22M
Rounds per year 2.12
Peak activity year 2021
Lead investments 4
Follow on index 0.59
Exits 1
Group Appearance index 0.82

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

ZeroAvia

Aerospace
Air Transportation
CleanTech
$34M12 Sep 2024 California, United States

ZeroAvia

Aerospace
Air Transportation
CleanTech
$116M18 Sep 2023 California, United States

Tibber

Apps
Customer Service
Energy
Energy Efficiency
Energy Management
$106M09 Mar 2022 Norway, Vestfold og Telemark, Norway

ZeroAvia

Aerospace
Air Transportation
CleanTech
$35M13 Dec 2021 California, United States

ZeroAvia

Aerospace
Air Transportation
CleanTech
$13M29 Jun 2021 California, United States

ZeroAvia

Aerospace
Air Transportation
CleanTech
$24M31 Mar 2021 California, United States

ZeroAvia

Aerospace
Air Transportation
CleanTech
$21M16 Dec 2020 California, United States
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