News

Read our press releases, blogs, and statements, as well as news from the Finnish venture capital and private equity industry.

News

MB Funds to sell Raksystems to Trill Impact

Raksystems Group has grown rapidly in recent years and has become the leading property wellbeing expert in the Nordics. MB Funds, who became the owner of the company in...

Deep tech VC Voima Ventures bets on scaling solutions from science and diversity – and is now taking on the Nordics with two new female team members in Sweden

Women-led VC funds are still few and far between - especially in the male-dominated deep tech field. Voima Ventures continues to renew the Nordic tech investing scene as two...

Social shopping app Blidz raises €6m in Seed funding led by General Catalyst and Peak

Helsinki, Finland - March 23rd 2022 - Blidz, the leading social shopping app combining gamification and social group buying, has raised €6m in Seed funding led by General Catalyst...

Tesi’s Diversity Review: A small step in the right direction, plenty more to do on the path to diversity

Tesi’s (Finnish Industry Investment’s) Diversity Review shows that work to improve diversity must continue. There has been progress, though. The age structure of investment teams in private equity and...

Vendep Capital closes Fund III at EUR 70M target size

Helsinki, Finland — February 15, 2022 — European Investment Fund (EIF, www.eif.org) made a EUR 25M investment in this final close. In addition to EIF, Fund III investors include...

European private equity, venture capital industry condemns Russia attack on Ukraine; stands in full support of the Ukrainian people

Brussels, Belgium, 2 March 2022 – Invest Europe - the association representing Europe’s private equity, venture capital and infrastructure sectors, as well as their investors - and national associations...

MB Funds to accelerate the growth of MiNTLY

A Finnish fast-growing IT security and networking professional Mintly gets MB Funds, a private equity company with over 30 years of experience, as its main owner. The founding entrepreneurs...

Vaaka Partners to become the main owner of Finnish staffing industry digital disruptor Bolt.Works – aim set for international expansion

The private equity company Vaaka Partners has signed a deal to become the main owner of the staffing services company Bolt.Works Ltd. This born-digital company has disrupted the Finnish...

Vaaka Partners to invest in Medbase – target set to internationalize Finnish expertise in drug treatment

Unintended, but predictable adverse drug reactions are a growing global issue causing increased mortality, morbidity, and costs to the healthcare system. The complexity of available treatment options sets a...

Innovestor launches Life Science & Health fund in the Nordics

Finnish venture capital firm Innovestor has launched a new Life Science & Health fund focusing on earlystage opportunities in the Nordic and Baltic countries. The fund has completed a...

Nordia, a private equity investor focused on service sector companies, has launched a new growth fund – still open for investors

The new fund, Nordia Kasvu Ky, invests in entrepreneur driven, growth-oriented health care, wellbeing, leisure & travel SMEs. The fund’s target size is 15 million euros. The fund is...

FVCA’s annual master’s thesis competition: Henri Lencioni’s thesis awarded as the best

Finnish Venture Capital Association organizes an annual master’s thesis competition that rewards the most achieved master’s thesis that focuses on the private equity industry. In 2021 the winner was Henri...