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Mandate Vinge advises Industrifonden and ACTIVE Venture Partners in connection with Barnebys.se investment

October 09, 2012

Vinge has advised Industrifonden and ACTIVE Venture Partners in connection with their total investment of MSEK 9 in Barnebys.se, a search engine for auctions. The capital contribution will primarily be used for international expansion, starting with the UK as well as for continued business development.

Industrifonden invests in small and medium-sized companies with international growth potential. The fund has assets of SEK 3.6 billion and has invested in approximately 90 companies within the technology, cleantech, life science and industrial sectors.

ACTIVE Venture Partners is a European venture capital firm helping technology companies in the start-up and expansion phases of their development. The firm was founded in 2002 and has its registered office in Barcelona. ACTIVE currently manages two funds with a total value of EUR 75 million.

Vinge’s team primarily consisted of partner Johan Larsson and associate Nicolina Kindblom.

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