Scape Technologies undergoes successful IPO

Denmark-based Scape Technologies has undergone a successful IPO at Copenhagen NASDAQ on November 27, 2018. Present at the opening bell was Hans Halskov, of Across Partners, who has been instrumental in the early-stage development of the IPO, alongside FU Yuchen, Chairman of Shenzhen Maxonic Automation Co. Ltd.

In 2015, Across Partners identified and negotiated the acquisition of an equity stake in Scape Technologies, representing Maxonic Automation. In parallel, a sales joint venture was establish in Shenzhen to build a Chinese customer base.

The IPO provided new funds of 5 million euros, and a market cap of near 20 MEUR. Small-cap Scape Technologies is now sufficiently funded to enter next stages of product and market developments.