Summa Equity, a Private Equity firm in the Nordics has raised €610 million (SEK 6.5 billion) in the second funding round. It has been announced that this capital will be used to invest in the company’s commitments to solve global challenges. On the whole, the private equity firm has raised aggregated capital commitments of €1 billion (SEK 11 billion).
Notably, Summa Equity was founded in 2016 by Reynir Indahl and is one of the first Private Equity firms to commit to UN SDG (Sustainable Development Goals). It does it by aligning its investment and value creation strategy with the framework of SDG.