Within the business area Venture Creation, Serendipity works to identify and develop potential innovations originating from research-intensive environments. Each year the company initiates a number of collaborations with leading researchers and prominent innovators from various fields. For each project, a team of scientists and entrepreneurs with complementary skills is formed, who together build a business with the aim to drive their innovations to market.
Serendipity exercises active ownership in a portfolio of innovative growth businesses through its Venture Management business area. Serendipity’s management is involved in the operation and strategic development of its respective holdings. In the last five years we have generated an average annual return of 32 percent. Our ambition is to over time continue to generate an annual average ROE in excess of 20 percent.
The business area Innovative Services offers external clients a range of differentiated niche technical services and management consulting services, relating to innovations and innovation processes. Innovative Services leverages knowledge base, customer base and network obtained from Serendipity’s other business areas The offering is continuously evolving and there is large potential for both organic and inorganic growth going forward.
Serendipity Innovations is an investment management and technology service firm with specialist competence in innovation processes and niche technical services.
Our operations include Venture Creation, Venture Management and Innovative Services, which are based upon the same knowledge base of company building, innovation know-how, and technical competency.
Since its inception in 2004, Serendipity has founded and managed more than 15 technology companies within clean tech, life sciences, materials engineering, IT and medical technology, as well as managed over 30 advanced projects for external clients and partners.
Our goal is to strengthen our position as a leading generator of innovations and to continue to be a model organization for the conversion of technical knowledge into marketable solutions for industry leaders.
Working with innovation processes and building companies requires the ability to anticipate what type of products and services are going to solve societal challenges five or ten years down the road. We do not claim that we can predict the future, but with a proven methodology and a strong corporate culture we make sure to be involved and develop some of the innovations that will make a real difference for society and industry.
Solving grand challenges requires a rational, opportunity-driven approach. A solid track record and close connections to places where knowledge is generated helps researchers and companies approach Serendipity Innovations with the research they wish to commercialize or the problems that they need solved. Projects are evaluated based on the strength of their impact, niche, differentiation, scalability and margins.