Weekly Wrap-Up: Tech. Growth. Tactical position.

Weekly Wrap-Up: Tech. Growth. Tactical position.

Here are the most important news items from the past week from the unlisted companies on Eqvor's platform. Stay up to date with developments in the unlisted market.

Northmill – Record results for Q4 and full-year 2025

Northmill delivered its strongest quarter ever, with profit before tax of 63 MSEK in Q4 – an increase of +92% compared with the previous year. Full-year 2025 landed at 224 MSEK in profit before tax, equivalent to growth of +56%.

The B2B business grew strongly and passed SEK 1 billion in lending, while the number of card customers rose to more than 200,000. The loan portfolio grew by +30% to a total of SEK 5.6 billion, driven by both B2B and B2C.

"We have delivered transformational growth and shown that our strategy for tech-driven banking works," says CEO Julie Chatterjee.
On Eqvor's platform, Northmill shares traded at SEK 20,000 per share during the past week, slightly lower than earlier in January.

Mentimeter – Clear steps towards the stock exchange

Mentimeter is strengthening its board with several new additions and is now seeking key expertise in stock exchange regulations – a clear sign that a listing is approaching.

"Mentimeter will be a great fit for the stock exchange," says CEO Johnny Warström. The company has grown rapidly internationally and is now ready to take the next step in its growth journey as a public SaaS company.

Storsala – Completes its largest acquisition to date, in Södertälje

Storsala has acquired Tellus 4 – a town-centre property of 18,000 square metres. The deal strengthens the company's portfolio in the Stockholm region and marks its entry into Södertälje.

Voi – New share issue approved at an extraordinary general meeting

New share issue approved at an extraordinary general meeting: 1,040,000 new Series C Supercommon preference shares have been approved at the general meeting.

VNV Global: Listing not until 2027. Voi's largest owner is marking down the valuation and signalling that a stock market listing is likely to be delayed until next year

Sigrid Therapeutics – New CEO: Claus Kjaersgaard

Sigrid has recruited Claus Kjaersgaard as its new CEO, with a background at Otivio, Smartfish and GlaxoSmithKline. He takes the helm on 1 February 2026.

Instabee – New milestone: 352,000 locker compartments in operation

Instabox, part of Instabee Group, has passed 352,000 active locker compartments in Sweden. The expansion enables more efficient deliveries with shorter driving distances and higher fill rates – in line with Instabee's focus on sustainable, technology-driven logistics.

Epidemic Sound – The Yard Woman named one of the "One’s To Watch 2026"

After a strong year, Epidemic's artist The Yard Woman has been named one of the most promising names of 2026 by Youth Music. Mentoring from Richie Hawtin and global visibility on TikTok and at fashion weeks are taking her career to the next level.

Stegra – Construction pause at the port, but financing is on its way

Despite reports of halted work at Luleå port, Stegra says additional financing is close. 3,000 people are back after the Christmas break, and production of green steel is expected to start as planned in 2027.

Virtune – Launches Virtune BNB ETP on Nasdaq Stockholm

This week Virtune launched a new exchange-traded product – Virtune BNB ETP, which gives physically backed exposure to the crypto asset BNB. At the same time, Virtune Sui ETP was listed on Xetra – the first of its kind in Germany. In total, Virtune now manages digital assets for more than 152,000 investors in Europe.

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