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INVESTMENT CRITERIA AND PROCESS
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COMPANY |
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Description: |
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Company Stage |
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Start-up to intermediary stage, occasionally seed
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Uniqueness |
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Disruptive global technology, products or service |
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Patents in some industries |
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Barrier to entry through technology or first-mover advantage |
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Market |
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Substantial if successful
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Management |
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Exceptional key persons, not necessarily complete team
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Teknoinvest's Role |
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Clear value adding opportunities
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Industry Areas |
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IT and Communications |
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Life Sciences
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Geography |
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Primarily Nordic and US origin or association
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FINANCIAL |
Criterion: |
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Description: |
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Investment Vehicle |
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Mainly equity |
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Equity-derivatives |
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Convertible debt |
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Bridge loans as part of equity deal
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Investment Size |
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Normally NOK 5-50 million incl. follow-up investments |
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No single investment >20% of active fund
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Investor Role
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Minority position |
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No other external controlling party Lead investor, or |
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Together with reputable, trustworthy lead investor |
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Availability of exit through listing, trade sale or merger
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