Portfolio company launching in Silicon Valley
We are pleased to announce that our portfolio company Norlase is on its way to launch in Silicon Valley!
We have followed this innovative high tech company since our first investment back in 2014 when they established as a high tech spin-off from Danish Technical University. And we’re proud to still be part of their journey with several follow-up investments since then.
At Spring Nordic we believe – in line with what Norlase’s young CEO Oliver Hvidt – that collaboration across sectors is crucial for the successful commercialization of high tech innovation. Norlase is an excellent example of such a collaboration.
“I call for more collaboration between the Danish education sector. Collaboration is neccessary if we are to promote the innovation we are so proud of as a country,” says Hvidt to Danish finance media Finans.dk. The CEO is himself from a business university (CBS) but founded Norlase with researchers from a technical university (DTU).
At Spring Nordic we invested in Norlase because they fulfilled many of the qualities that support our investment decisions.
Best of luck over there to Oliver and his team at Norlase! Read the article at Finans.dk here.