A testament to the Credo method
“This is a testament to the strength of our method, team dedication, and the trust we have built with our investors and entrepreneurs over the years,” says Gudmund Killi, Managing Partner at Credo Partners. “Since inception, our mission has been to transform local companies into industry leaders with long-term impact. Credo III builds on this legacy, focusing on B2B services and technology companies in Scandinavia, where we have seen our greatest success stories.”
A shared commitment to sustainable growth
The European Investment Fund’s support for Credo III reflects a shared commitment to driving sustainable economic growth, fostering innovation, and strengthening small and medium-sized enterprises. Backed by the InvestEU programme, EIF’s investment is part of a broader initiative to channel funding into businesses that contribute to Europe’s long-term digital transformation, industrial decarbonisation, and environmental sustainability.
Scaling high-growth companies
Credo has already made significant early investments through Credo III. The first was in Antire, a company that is building a distinct market position in data analytics and machine learning. The second was in Sicra, a well-established IT security, network, and infrastructure company. More investments are on the horizon, with plans to invest in seven to eight companies, with investment sizes ranging from NOK 100-200 million.
An evolution of our approach
“A hands-on approach to shaping business architecture during the critical first two years is key to success,” says Killi. “By targeting niche market segments, we focus resources on key opportunities, enabling our portfolio companies to strengthen their positions and emerge as industry leaders.”
Operations and commercial models are transformed to enable scalability, with organisations prepared for high and profitable growth. Senior teams and resources are built ahead of time to drive expansion and achieve founder independence, ensuring long-term value creation.
Credo III represents a continuation of this proven investment model, with a sharp focus on helping ambitious businesses reach new heights. As the fund continues to raise capital and expand its portfolio, Credo is excited to play an active role in shaping the future of high-growth Nordic companies.
