Launch of regulated trading platform for digital assets byWiT are a proud investor in GFO-X, supporting their vision from the beginning. Today, we are thrilled to share the news of a major milestone: GFO-X has officially launched the UK’s first FCA-regulated trading venue for centrally cleared digital asset derivatives. This launch marks a significant leap forward […]
Just one year after joining byWiT as CFO, Frida Lönnqvist is now becoming a partner in the company. During her first year, she has demonstrated strong drive and competence, contributing significantly to establishing a clear financial structure, leading sustainability efforts, and actively supporting our portfolio companies. ”Frida has during the past year taken byWiT to […]
byWiT is bringing in two prominent business profiles to its board. Åsa Hedin, who will become the new chairman of the board, is a successful leader with extensive experience in growth, M&A, and internationalization. Jenny Keisu, a well-established entrepreneur, investor, and leader in tech and sustainability, will join as a new board member. “byWiT has […]
Today we announce that byWiT has secured close to 90 MSEK in our annual new share issue 2023. This is our third new share issue since start and totally byWiT has attracted just over 950 MSEK since autumn 2021. We will primarily use the new funding to invest in and develop new scale up growth […]
byWiT invests in future global champions to digitize analog industries. As a multi-stage investor, byWiT backs companies with proven capacity for growth and with a great development potential. Its operational involvement in the companies, such as growth strategies, M&A and Go-To-Market plans, serves to reduce risk in the scale-up growth stages while also increasing the […]
byWiT is further expanding its team by recruiting Frida Lönnqvist as CFO. Frida previously worked in Private Equity as part of the investment team at Segulah Advisor, where she conducted several acquisitions, including those within the buy and build strategy, which is also part of byWiT’s investment strategy. Frida most recently comes from her role […]
Annie Lööf joins byWiT’s board to further develop the board with new skills supporting the company’s future plans. With her extensive experience from the political arena in driving important business issues and with a great commitment to entrepreneurship, company building and impact companies, she will be an important part of byWiT’s board. “Digitalisation is a […]
byWiT recruits Karl Litterfeldt as CTO to strengthen its technical offer to current and future portfolio companies. Karl will also be an important part in digitizing and further developing byWiT’s search for the next-generation Scale-up Growth companies using data, analysis, and AI. “Karl feels like a perfect match for byWiT and complements us with his […]
byWiT announces today that we have secured over 300 MSEK in our annual new share issue with a goal of raising another 100 MSEK before the first quarter of 2023. byWiT has now attracted over 850 MSEK in 10 months. We will use the new funding for new investments as well as continuing to build […]
In November 2021, Coeligruppen together with its customers and investor network invested in byWiT. Coeli was also principally responsible for the issue, which was oversubscribed and closed at just over 500 MSEK. After an already successful start, byWiT can now show turnover growth of roughly 120% in our portfolio companies and an increase in the share price. Coeli chooses […]