Creandum continues to expand its investment team

2011-05-31

Press release as PDF

STOCKHOLM - (May 31, 2011) - Creandum, the Nordic venture firm for early stage and expansion technology companies, recently announced the recruitment of Hjalmar Winbladh as Venture Partner and now continues to strengthen its team by adding Carl Fritjofsson to its roster list of investment professionals.

"We really see how the successful performance of Nordic technology companies have nurtured the ecosystem in the Nordic region, and the opportunity for venture in the region has never been better. For this reason we feel confident with expanding our team and investing into our operations," says Staffan Helgesson, Creandum general partner.

Creandum is the only active Swedish independent technology venture firm, and Carl will join the firm as an Associate, primarily being responsible of sourcing and analyzing new investment opportunities for the firm. Prior to Creandum, Carl was a media and consumer Internet entrepreneur bringing fresh experience and network from Nordic startup environment. Amongst other he co-founded one of the Nordic region's primary vertical ad network, AdProfit, and has been an advisor to Groupon's Swedish management team.

"We have known Carl for quite some time as an entrepreneur, and always been impressed by his industry insights, and as we chose to expand our team he felt like a perfect complementing team member," says Staffan Helgesson, Creandum general partner.

Prior to Carl's startup journeys he worked in management consulting for almost 4 years, giving him an attractive combined skillset of analytics and operational startup experience. Carl is also a Finalist of the venture network Society of Kauffman Fellows.

"Creandum is a venture firm with a great reputation amongst the entrepreneurial community and an impressive portfolio with Spotify, Edgeware, Linas Matkasse to name a few. I'm thrilled to join the firm and continue to build the Nordic region's most prominent venture firm," adds Carl Fritjofsson.

FOR MORE INFORMATION, PLEASE CONTACT:

Staffan Helgesson, General Partner, Creandum Email: staffan@creandum.com Mobile: +46 703 776 582

Carl Fritjofsson, Associate, Creandum Email: carl@creandum.com Mobile: +46 709 504 007

About Creandum

Creandum is a Nordic venture capital firm investing in innovative and fast-growing technology companies within consumer, software and hardware industries. The firm has €120M under management and investments in companies like Spotify, Cint and Videoplaza ranging from early stage to expansion, across the Nordic countries. For more information, please visit www.creandum.com

Creandum has as one of its corner investors the 6th Swedish National Pension Fund and is among other major international investors supported by the European Communities Growth and Employment Initiative, MAP - ETF Start-up Facility.