Athanase Innovation AB (publ)

Climate Impact & Sustainability Data (2021, 2023)

High competition in the technology sector.
Risk of unsuccessful investments in innovative companies.
Limited transparency and irregular pricing in the private equity market.
Dependence on key personnel.
Potential for limited or misleading information during due diligence.
Concentration risk due to a small number of investments in the early stages of the investment business.
Market risk due to price changes in financial markets and exchange rates.
Operational risks due to internal processes, human error, faulty systems, or external events.

Continuous due diligence of numerous companies.
Diversification of investments across various structural growth themes to reduce risk.
Active management and development of portfolio companies to create value.
Utilizing a network of industrial experts for deeper understanding of potential investments.
Expansion of the investment organization and establishment of an office in North America to increase investment opportunities.
Growth of the organization to reduce dependence on key personnel.

Difficulty attracting sufficient external capital in the current market climate.
Continued delays in raising external capital for fund activities.
Decreased order intake for Ivisys in Europe due to reduced customer investment and in North America due to a need for reference installations before placing orders.

Synthetic buyback of own shares to create shareholder value.
Continued support for Ivisys, including additional equity and loan contributions.
Exploration of collaborations with other fund actors.
Focus on the Industrial Tech fund strategy after abandoning the US Pre-IPO strategy.

Frameworks Used: K3