Katalysen Ventures increases its ownership in InvitePeople and ConexBird

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Katalysen Ventures AB (publ) (“Katalysen”) is pleased to announce its increased participation in Matchmeeting AB (“InvitePeople”) and ConexBird Oy (“ConexBird”). As a result, Katalysen becomes a 15% equity shareholder in InvitePeople, with an option to acquire an additional 4% of outstanding shares, and a 13% equity shareholder in ConexBird.

Following a share issue exclusive for existing shareholders at favourable terms, and the acquisition of options on existing equity, Katalysen has increased its ownership in InvitePeople to 15% through direct equity and an additional 4% through options. Katalysen notes that these options are currently in-the-money.

InvitePeople is a Sweden/Germany-based leader in hybrid event software for enterprises. Following a successful entry into the German-speaking market, InvitePeople can count several banks, and enterprise giants such as IKEA & Deutsche Bahn amongst its 100+ clients. Katalysen values that InvitePeople is particularly well positioned ahead of an expected wave of consolidation in the event software sector. InvitePeople is currently actively preparing itself for the opportunities that may arise from such market events.

Similarly, Katalysen has expanded its ownership in Finland-based ConexBird through a convertible issue exclusively available to existing shareholders at very favourable terms. If converted Katalysen’s ownership in ConexBird is bolstered from 5.5% to 13%. ConexBird, currently engaged in severall discussions with major corporations in the machine equipment and shipping sectors, anticipates leveraging the capital infusion to finalize these promising discussions with a positive result.

For more information on Katalysen Ventures or the related portfolio companies, please contact:
CEO Peter Almberg
Phone: +46 76 860 37 00
E-mail: contact@katalysen.com
Web: 
www.katalysen.com

About Katalysen Ventures: Katalysen Ventures, established in 2016 in Stockholm, is a publicly listed venture developer for entrepreneur-led ventures. From our offices in Stockholm and Geneva, we actively support our portfolio of early-stage innovation ventures. As a dynamic force in the startup ecosystem, we propel visionary ideas to tangible success. With a passion for disruption, we empower entrepreneurs, provide strategic guidance and hands-on support, and fuel growth through our diverse network of venture co-developers and co-investors.

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