# Incitia Partners: portfolio, investments and team

> Incitia Partners is a vc firm based in Norway. 4 investments on record, latest Jul 2013. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/incitia-partners (Millionrounds; every figure on the page links to its filing or article)

Norway · [Investor](https://millionrounds.com/investors)

# Incitia Partners

Last cheque observed Jul 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet VC firm

Seed Series A Series B Advertising Electric Vehicle

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 4 on record

Since the last cheque **4870** days **00** hrs **00** min **00** sec

Median round **$5.5M** Rounds led **0 of 4** Exits **2 from the portfolio**

Pitch Incitia Partners

## Incitia Partners highlights

- 01 4 rounds on record
- 02 Mostly Seed and Series A: 50% of its rounds
- 03 2 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Advertising Electric Vehicle
- **Based in:** Norway
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2013** 2 rounds
- **Jul** **[Biowater Technology](https://millionrounds.com/company/biowater-technology)** Series A · US **$6.5M** With 2 others
- **Jul** **[Biowater Technology](https://millionrounds.com/company/biowater-technology)** Seed · US · nordicgreen.net **$6.4M** With 2 others
- **2008** 1 round
- **Jan** **[Arctic Silicon Devices](https://millionrounds.com/company/arctic-silicon-devices)** Series B · NO **$4.5M** With 1 other
- **2005** 1 round
- **Feb** **[T-VIPS](https://millionrounds.com/company/t-vips)** Venture · NO **$4.5M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[T-VIPS](https://millionrounds.com/company/t-vips)** Bought by nevion **Undisclosed** Jan 2013

**[Arctic Silicon Devices](https://millionrounds.com/company/arctic-silicon-devices)** Bought by Hittite Microwave **$12M** Jan 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$5.5M** the round, not its cheque

Led 0 of 4 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jul 2013
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Seed *1*
- Series A *1*
- Series B *1*
- Venture *1*

Cheques by year Led Joined

2005 2013

Often in the room with

- [Mallin Venture](https://millionrounds.com/fund/mallin-venture) 2
- [Sembcorp Industries](https://millionrounds.com/fund/sembcorp-industries) 2

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## Who they invest alongside

The investors most often in the same rounds as Incitia Partners. A count of rooms they were both in, not a relationship either has claimed.

[**Mallin Venture** VC firm **2** rounds together](https://millionrounds.com/fund/mallin-venture)[**Sembcorp Industries** Corporate VC **2** rounds together](https://millionrounds.com/fund/sembcorp-industries)

## Quick answers about Incitia Partners

### What does Incitia Partners invest in?

Incitia Partners invests most often at Seed and Series A (50% of the rounds on record), in sectors such as Advertising and Electric Vehicle.

### How active is Incitia Partners?

4 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2013.

### How big are Incitia Partners's cheques?

The median round it joins is $5.5M.

### Is Incitia Partners investing now?

No investments in the last 12 months; the latest was in Jul 2013.

### Who does Incitia Partners invest alongside?

Most often Mallin Venture (2 rounds together) and Sembcorp Industries (2 rounds together).

### What kind of investor is Incitia Partners?

Incitia Partners is a VC firm based in Norway.

### Where does this information on Incitia Partners come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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