East Hill Equity - Managing Scania Growth Capital

Last week, the East Hill Team visited Sweden Sustaintech Venture Day, where our Investment Manager Fredrik Eiserman had the pleasure to moderate a pitch session together with Ingrid Capacity, Emulate, and T.Loop. Together, they delved deeper into large-scale batteries for enhanced grid stability, how virtual batteries could improve usage of our distributed energy resources, and how to optimize data center design to utilize the excess heat created. Big thank you to Cleantech Scandinavia and Magnus Agerström for hosting such a great event! 🌳

Bits & Pretzels is just around the corner! 🥨 The East Hill team will be there in (almost) full force. Don't hesitate to reach out to Christian, Daniel, Cornelia or Fredrik 👋 See you in Munich! 🇩🇪

Will we meet you in Copenhagen? 👀 Cornelia Bjellerup and Fredrik Eiserman will be at TechBBQ, and they hope to see many of you there! 🇩🇰

We are very proud today that our portfolio company sennder has announced the acquisition of the European Surface Transportation (EST) operations of C.H. Robinson. The combined business will become a Top 5 FTL player in Europe with combined revenues of €1.4bn, a joint team of 1,700 employees and a European footprint that stretches 20+ locations. The acquisition will deliver significant growth potential, unlock the full power of network density and technology for the European road freight industry, improve unit economics and accelerate decarbonization efforts. Congratulations sennder-team! 🚚

Exciting News! CYCLE Acquires Ebike4Delivery 🚴 This strategic move enhances CYCLE's last-mile delivery services, promoting faster and greener deliveries across Europe 📦 Congratulations to Luis Orsini-Rosenberg, Nikodemus Seilern and the rest of the CYCLE team on this significant milestone! We are proud to support your mission of transforming urban logistics 🚀 👀 For more information: https://lnkd.in/dNr2JpSd

Thank you for the journey, Swed-Weld! 🤝 Our portfolio company Swed-Weld, a leading producer of add-on equipment to automated manufacturing cells based in Värnamo, has been acquired by Atlas Copco Group. 💬 “We are very happy to become members of the Atlas Family and to continue to develop and expand our product offering in the Atlas Copco Group” said Peter Sprigg, CEO of Swed-Weld. Although sad to see you go after ~6 years, we know that you will be in safe hands with Atlas and their Motor Vehicle Industry division! 👀 For more information: https://lnkd.in/gMmj3_Eg

 Welcome to the gang, Black Semiconductor 👋 💰 We're very thrilled to announce our participation in Black's €255 million funding, the largest funding for a deep tech company manufacturing chips in Europe to date, joining forces with Project A, Porsche Ventures, Capnamic, TVF | TechVision Fonds, NRW.BANK, Vsquared Ventures, Cambium Capital Management and Onsight Ventures, combined with public funding from Federal Ministry for Economic Affairs and Climate Action and Ministerium für Wirtschaft, Industrie, Klimaschutz und Energie des Landes NRW. 🎉 Congratulations to Daniel Schall, Sebastian Schall, and Cedric Huyghebaert! 🇩🇪 Founded 2020 in Aachen, Black is developing a new way to build networks of chips leveraging the novel material graphene, enabling speed-up of data communication between chips for unparalleled performance, improved energy-efficiency, and reduced manufacturing cost. 💬 East Hill partner Daniel Riazzoli shares: "The technology developed by Black Semiconductor will be a key component of the automotive semiconductor of the future. An innovative photonics communication network will enable more advanced functionalities in next-generation autonomous and software-defined vehicles.” 👀 For more information: https://lnkd.in/daF9rQ8Q Christian Zeuchner Cornelia Bjellerup Fredrik Eiserman Nicolas von Stackelberg

Are you also in Paris for Viva Technology? Don't hesitate to reach out to the East Hill Team 👋 We're all very excited to talk with innovative companies, other investors, and to reconnect with friends across Europe. Hope to see many of you there! 🇫🇷 Daniel Riazzoli Christian Zeuchner Cornelia Bjellerup Fredrik Eiserman

New exciting news from our first investment, unicorn sennder is going intermodal! Good luck with the partnership!

Congratulations to a great JEC 2024, sustainably onwards and upwards!