Europe’s largest impact fund, the Nordic-born Summa Equity (Summa), is opening an office in Palo Alto this summer, its first outside of Europe. Th opening follows just a few months after Summa announced the launch of a USD2.4 billion impact fund.
Summa partners Tommi Unkuri, Gustavo Salem and Nick Roelofs will lead US operations, and they will be joined by a number of Summa staff, including investment director Anna Ryrberg. The new office is Summa’s fourth; beyond the Stockholm and Oslo offices, Summa opened an office in Munich in 2022.
Summa will be prioritising companies in healthcare, as exponential technological advancements and innovations are rapidly expanding what is possible. In turn, this is creating fundamentally new avenues for impacting health and improving patient outcomes. Summa will be investing in assets that develop innovative and transformative solutions that make healthcare more predictive, preventive, personalised, and participative.