Belgium-based AMAVI Capital, a pan-European PropTech investor, announced on Thursday its expansion into the Nordic region. This strategic move involves the acquisition of 11 companies from SF Ventures AB, a Swedish PropTech investment fund with a focus on the Nordic market.
By integrating these companies into its portfolio, AMAVI Capital now boasts 22 companies, further solidifying its prominent role in the European PropTech ecosystem.
Arne Allewaert and Frédéric Van den Weghe, Managing Partners at AMAVI Capital, says, “We are thrilled to embark on this new chapter for AMAVI Capital as we expand our reach into the Nordics. The acquisition of SF Ventures’ PropTech portfolio and the establishment of our Nordic branch are significant milestones that align perfectly with our pan-European investment strategy.”
“This strategic move enhances our capabilities to identify and support cutting-edge PropTech startups, leveraging the region’s technological advancements and sustainability drive. We are confident that AMAVI Nordics will bring added value to our investors, portfolio companies, and the broader PropTech ecosystem. Together, we look forward to driving innovation and fostering positive change in the European real estate industry,” add Allewaert and Van den Weghe.