Investments
3Funds
2About PAAB
PAAB consist of a group of company experienced people who actively contribute to strengthening business ideas and business plans for entrepreneurs as well as earnings and asset development for portfolio companies.v
PAAB Headquarter Location
Kungsgatan 41
Uppsala, 753 21,
Sweden
+46(0) 8 707 294 532
Latest PAAB News
Sep 29, 2021
According to the report released yesterday, a deficit will occur if the problem of mismatch of the 25-year loan repayment period to the federal government and the 45-year lease collection period of the state water operator is not reconciled between the Ministry of Finance (MoF) and PAAB. KUALA LUMPUR: Pengurusan Aset Air Bhd (PAAB) is expected to face a cash flow deficit of between RM13.25mil and RM235.21mil over 12 years from 2025 to 2037, said the Auditor-General’s Report (LKAN) 2019 Series 2. According to the report released yesterday, a deficit will occur if the problem of mismatch of the 25-year loan repayment period to the federal government and the 45-year lease collection period of the state water operator is not reconciled between the Ministry of Finance (MoF) and PAAB. “This is due to the shorter loan repayment period compared to the lease collection period which in turn creates the risk of PAAB’s ability to settle the loans owed to the federal government,” it said. — Bernama Article type: metered
PAAB Investments
3 Investments
PAAB has made 3 investments. Their latest investment was in Flashe Gaming as part of their Seed VC on May 5, 2020.
PAAB Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/9/2020 | Seed VC | Flashe Gaming | $0.31M | Yes | 2 | |
6/12/2019 | Seed VC | |||||
12/10/2016 | Unattributed VC |
Date | 5/9/2020 | 6/12/2019 | 12/10/2016 |
|---|---|---|---|
Round | Seed VC | Seed VC | Unattributed VC |
Company | Flashe Gaming | ||
Amount | $0.31M | ||
New? | Yes | ||
Co-Investors | |||
Sources | 2 |
PAAB Fund History
2 Fund Histories
PAAB has 2 funds, including PAAB I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/31/2007 | PAAB I | Early-Stage Venture Capital | 1 | ||
PAAB II |
Closing Date | 12/31/2007 | |
|---|---|---|
Fund | PAAB I | PAAB II |
Fund Type | Early-Stage Venture Capital | |
Status | ||
Amount | ||
Sources | 1 |
PAAB Team
3 Team Members
PAAB has 3 team members, including current Chief Executive Officer, Bjorn Berg.
Name | Work History | Title | Status |
|---|---|---|---|
Bjorn Berg | Chief Executive Officer | Current | |
Björn Berg | Amic, Amersham Biosciences, and Syncron International | Chief Executive Officer | Current |
Monica Hedberg | Owner | Current |
Name | Bjorn Berg | Björn Berg | Monica Hedberg |
|---|---|---|---|
Work History | Amic, Amersham Biosciences, and Syncron International | ||
Title | Chief Executive Officer | Chief Executive Officer | Owner |
Status | Current | Current | Current |