InnovationsKapital is growing - Jonas Risberg new Investment Director

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InnovationsKapital is growing - Jonas Risberg new Investment Director Jonas Risberg has joined InnovationsKapital, one of the leading start-up and early stage venture capital firms in the Nordic region. As an Investment Director on the Information & Communication Technology (ICT) team Jonas Risberg will be based in the Stockholm office. InnovationsKapital has recently started a new fund, InnKap 3 Partners, with Euro 132 million to invest in Sweden, Denmark and Finland. Jonas Risberg was previously with WorldCom where he was Vice President Country Business Group responsible for 5 countries in Europe. Prior to that he was MD Worldcom Nordic for 5 years. During this time the company grew from a start up to $150 million turnover with 550 employees. Earlier he held several sales, marketing and executive positions at IBM Sweden and Ericsson cable. He has a Master of Science in Engineering and Business Administration from Linköping Institute of Technology. "Jonas Risberg represents a 'hard-to-find' combination of IT business operations and management experience on an international level and he compliments our team very well", says Staffan Ingeborn, Managing Director of InnovationsKapital. "His experience is an excellent fit with our strategic direction and focus on ICT related investments in the Nordic region". "I am delighted to join InnovationsKapital", says Jonas Risberg. "I have great respect for the business approach and competence InnovationsKapital has developed over the years, with a very strong commitment to their portfolio companies and a team-oriented culture. The track record of InnovationsKapital is impressive and I am pleased to be part of the team." InnovationsKapital was founded in 1994 and is today one of Sweden's leading early stage venture capital firms for innovative growth companies. The business, carried out from offices in Gothenburg and Stockholm, is focused on investments within ICT and HealthCare & Life Sciences - dynamic sectors that are rapidly expanding and where Nordic research plays a leading role. The capital is managed in three funds and is provided by highly reputable Swedish and international institutional investors. Gothenburg September 27, 2001 For further information please contact: Staffan Ingeborn, Managing Director, InnovationsKapital (www.innkap.se) phone: + 46 31 60 91 90 or + 46 705 83 14 34 e-mail: staffan.ingeborn@innkap.se Jonas Risberg, Investment Director, InnovationsKapital (www.innkap.se) phone: +46 8 54 50 14 90 or +46 703 78 17 00 e-mail: jonas.risberg@innkap.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/27/20010927BIT00170/bit0002.doc http://www.waymaker.net/bitonline/2001/09/27/20010927BIT00170/bit0002.pdf