FinTech Magazine - April 2022 | Page 132

BoxGroup
ALMI Invest

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BoxGroup

Based in : New York , USA Founded by : David Tisch & Adam Rothenberg
Launched in 2009 , BoxGroup ’ s mantra is , “ Investing in dreams at the earliest stage with companies like Plaid , Airtable , Ro , Ramp , and 400 more …” To date , BoxGroup has made 494 investments , and as a direct consequence of these investments , the business has exited from 96 so far . The company specilaises in technology startups during the early stages of their development . Industryspecific investments include consumer , fintech , insurtech enterprise , health and more .

ALMI Invest

Based in : Stockholm , Sweden Founded by : Parent company Almi Företagspartner AB , which is owned by the Swedish state
A state-owned VC , Almi Invest is a subsidiary of Almi Företagspartner . The Group consists of 16 regional subsidiaries , including four wholly owned subsidiaries .
The VC invests in Swedish companies that offer innovative and scalable business models and motivated entrepreneurs . The entity is made up of seven , regionally-based venture capital funds that manage US $ 1.6bn of investments . Up to half of ALMI Invest ’ s capital is sourced from EU structural funds , which accounts for an investment of $ 53mn . Almi Invest has invested in close to 400 companies , including Billhop , Binary Brains and Agricam .
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