InnKap 4 Partners L.P. acquires stake in Oxeon AB

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Founded in 2003, Oxeon has quickly established itself as the market leader in Spread Tow reinforcements. Use of these Spread Tow carbon reinforcements increases the mechanical performance of composite material products and reduces the weight. Utilization of Oxeon’s TeXtreme® Spread Tow Fabrics and TeXero® Spread Tow Tapes by manufacturers of advanced aerospace, automotive, racing, industrial and sports products in applications that have critical material performance requirements has affirmed the significance of Oxeon’s ultra light materials.

InnovationsKapital invests in Nordic high-tech companies with strong growth. “Oxeon AB is a very exciting company with a unique product offering and with impressive customer traction. The company has a strong management team and we see this as a great opportunity to invest in a company with good growth and profitability”, says Staffan Ingeborn, responsible for InnovationsKapital’s investment in Oxeon.

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For more information, please contact:

Staffan Ingeborn, Managing Director, InnovationsKapital, +46 31 60 91 90 staffan.ingeborn@innkap.se

InnovationsKapital

InnovationsKapital was founded in 1994 and is a private and independent early stage venture capital firm for innovative growth companies. The business, carried out from offices in Gothenburg and Stockholm, is focused on Nordic investments within ICT and Healthcare & Life Sciences. To date, over 65 investments have been made. Successful exits include Altitun, Arexis, BioInvent/Alligator, Carmen Systems, Kreatel Communications, NordNav and Spotfire. InnovationsKapital advises four venture capital funds aggregating EUR 323 million in committed capital. The capital is provided by highly reputable Swedish and international institutional investors.

Further information about InnovationsKapital can be found at www.innkap.se.