Today we announce that byWiT has secured close to 90 MSEK in our annual new share issue 2023.

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 opportunities for high value development.

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.

Annie Lööf joins byWiT’s board to further develop the board with new skills supporting the company’s future plans.

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.

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 our current portfolio.

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 to enter with an additional 30 MSEK in a larger new issue that closes at the end of September.

byWiT is on a mission to build digital growth companies by financial as well as operational engagement. We work in close collaboration with our portfolio companies in the development of their Go-To-Market-plans and strategies as well as giving them access to byWiT’s extensive expertise, know-how, tools and network.

Continuing our successful work with our portfolio of 11 companies, who are driving change and digitalization within different industries, byWiT has now opened our annual new share issue.

byWiT has invested in GFO-X, a regulated trading venue focused on listed derivatives on digital assets. Based in London, the company has been granted a license by the UK FCA as a Multilateral Trading Facility, or MTF. GFO-X is launching the platform together with an established global clearing house. We believe that GFO-X will be a leader in the new era of regulated exchanges that trade 24/7.

First investment in June 2022
Visit their website for more information: www.gfo-x.com

byWiT is now expanding its ownership in Proxify, the Swedish tech company connecting talented developers with growing companies by building virtual development teams. The funds will primary be used to accelerate Proxify’s global expansion.

byWiT invests in Root Digital Group, a leading player within digital marketing and e-commerce. With cutting-edge expertise, a technical toolbox for increased efficiency and optimization of resources as well as an in-depth understanding of business value, the group creates a comprehensive offer for successful digital transformation and growth. Root Digital Group combines several leading niche companies with the ambition to continue growing through acquisitions in complementary business areas and geographies.

First investment in June 2022

Visit their website for more information: www.beet.se

Ulrika Hasselgren, a pioneer within sustainability in the Nordics and with an extensive competence in sustainable investments, is joining byWiT’s board. With her expertise, she is an important addition to the board.

byWiT invests in Bright, a Swedish SaaS company digitizing the energy industry with its open and data driven digital platform. The ready to use white-label solution gives households control of their electricity consumption, district heating, solar production and their smart home.

First investment in April 2022.

Visit their website for more information: www.getbright.se

Thursday March 10, byWiT kicked-off our first Chamipons byWiT event, gathering all our portfolio companies during an afternoon. As we see all of them and everyone working for and with us as part of the byWiT family its key to build strong connections and relationships. We support and help each other during rainy days, and we celebrate each other’s successes.

byWiT invests in Zebrain, the Nordic region’s first digital platform for subscribing in potential. It is an effective and measurable method for people development based on coaching.

First investment Feb 2022

Visit their website for more information: www.zebrain.se

byWiT invests in Epicenter, northern Europe’s largest co-working concept for digital innovation. With over 550 membership companies and over 150 community events gathering over 6000 digital talents every year, Epicenter is the heart of digital innovations, talents, and companies.

First investment Jan 2022

Visit their website for more information: www.weareepicenter.com

byWiT invests in Pensionera, a fast-growing digital pension solution offering a wide range of pension products, such as savings, occupational pension, and funds as well as advice for private customers.

First investment dec 2021

Visit their website for more information: www.pensionera.se

byWiT invests in Proxify, connecting talented developers with growing companies by building virtual development teams. With their large network of talents they can support companies worldwide.

First investment Jan 2022

Visit their website for more information: www.proxify.io

Coeli works with active investment management and offers unique investment opportunities in the areas of Real Estate, Private Equity and privately listed companies with significant value potential.

byWIT Invests in Prime Penguin, a technology platform offering E-Commerce a single-source, plug-and-play, connection to a global logistic network (3PL Partners). The platform has an overview to track and manage all logistical and warehouse activities on one cloud-based platform.

First investment Nov 2021

Visit their website for more information: www.primepenguin.com

byWiT invests in Klingit, a creative tech platform that helps companies with designs, UX, social media marketing, faster and more efficient than ever before.

First investment Nov 2021

Visit their website for more information: www.klingit.com

byWiT invests in Lanetalk, digitizing the world of bowling. With 150 million bowlers in the world, Lanetalk offers worldwide competition, live scoring and learning in one app Lanetalk reasonly helt the worlds largerst competion and brought +5000 players and +500 000 viewers together.

First investment Nov 2021

Visit their website for more information: www.lanetalk.com

byWiT invests in E-farm.com who digitizes the sales of farm equipment. Their global digital trading platform for used farm machinery covers all markets in Europe.

First investment Nov 2021

Visit their website for more information: www.e-farm.com