Formica Capital

Type

Private equity

Status

Active

Location

Gothenburg, Sweden

Total investments

7

Average round size

21M

Portfolio companies

6

Follow on index

0.14

Stages of investment
Private EquityEarly Stage Venture
Areas of investment
InternetFinancial ServicesInformation TechnologyConsumerMobileRenewable EnergyMobile DevicesSolarWaste ManagementMachinery Manufacturing

Investor highlights

Geo focus
DenmarkFinlandIcelandNorwaySweden

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Investments analytics

Analytics

Total investments
7
Lead investments
0
Follow on index
0.14
Investments by industry
  • Renewable Energy (2)
  • Financial Services (2)
  • Machinery Manufacturing (1)
  • Consumer (1)
  • Waste Management (1)
  • Show 9 more
Investments by region
  • Sweden (5)
  • Singapore (2)
Peak activity year
2020

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Quantitative data

Avg. startup age at the time of investment
8
Avg. valuation at time of investment
150M
Group Appearance index
0.29

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Latest deals

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How we get our data

At Unicorn Nest, we combine cutting-edge technology with human expertise to build one of the most reliable venture capital databases in the market. Our process begins with automated AI-enhanced data collection, leveraging the full potential of Large Language Models (LLMs).

Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.