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October 30, 2006
Swiss/German Angel Network's First IPO Is A Fishy One
The floatation this month of Codfarmers, a Norwegian cod fish farm gives Brains-to-Ventures (b-to-v) , a corporate finance boutique that specializes in dealflow for business angels here, its first IPO of a company funded through its network this month.
Although b-to-v has a portfolio dominated by tech ventures, its first floation since founding in 2001 is an agribusiness called Codfarmers, one of the first companies to enter the cod farming industry in Norway. Founded in 2002, the company spents its first few years in R&D, selling its first generation of cod last year.
Its listing on the Oslo stock exchange in mid-October gave it a valuation of €44.5M.
Read - Erfolgreicher IPO von Codfarmers ASA (b-to-v)
Posted on October 30, 2006 06:45 AM | Posted to entrepreneurship | Permalink
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