Eqvitec hires Hadar Cars as investment directorNordic technology-focused venture capital firm Eqvitec Partners has appointed Hadar Cars as an investment director in its Stockholm office.
Previously, Cars was president in CellPoint Systems and co-founder in Orange Sverige. He started his career at Ericsson, including working in Japan as a general manager for Japan Ericsson's fixed network systems division.
Jukka Mäkinen, managing partner, Eqvitec Partners, said, 'Hadar's previous experience from venture capital investments, combined with his background from both entrepreneurial ventures and corporate world are great assets for Eqvitec and we are very happy to add him to our Swedish team.'
Eqvitec has offices in Helsinki and Stockholm. The firm currently advises five funds with a total capital base of €440m.
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