Danish fund Nordic Alpha Partners has decided that the North Jutland based company, Carheal ApS will be the fund's first investment. Carheal produces a technological variant of spray booths for car refinishing. A total of DKK 54m is invested in Carheal for a yet undisclosed stake size. In 2017, Carheal had a turnover of DKK 30.5m, while the company is expected to increase revenue by 67% to DKK 50m in 2018. The fund's focus differs from the other Danish funds by having an investment scope on industrial companies with a digitalization potential. Nordic Aplha Partners’ fund size is DKK 945m.