News

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

News

Voima Ventures launches third €90 million VC fund to back Nordic & Baltic science startups from labs to global markets

Nordic early-stage investor Voima Ventures, focusing on science-based companies, announces today its first closing with a new €90 million fund. With the new fund, Voima Ventures’ mission is to...

Fast-growing Finnish company strengthens its shareholder base – EAB Private Equity, part of Evli, and co-investors make over EUR 20 million equity investment in Elcoline

EAB Private Equity, part of Evli Group, is making a significant equity investment in rapidly growing Elcoline, a company which provides industrial maintenance services and implements demanding technical projects. In addition to EAB Private...

Greencode Ventures, the first green transition fund in Finland

Greencode Ventures is the Venture Capital (VC) investor focused on accelerating the green transition.  As the first green transition fund in Finland, Greencode Ventures specializes in rapidly scaling digital...

Finnish growth engine Lifeline Ventures closes a €150 million early-stage fund to continue supporting next-generation companies

Finnish early-stage investor Lifeline Ventures, known for its unique track record in producing unicorns, announces today its new €150 million fund. The new fund lists as one of the...

Meet the Finnish Venture Capital Association’s new members of the board

At the annual meeting of the Finnish Venture Capital Association, one new member and two new deputy members were appointed to the Board. They are Juho Frilander, Juhani Kalliovaara,...

IoT company Haltian raises 22M€ to help building owners hit their ESG goals

Finnish Internet of Things (IoT) company Haltian announced today their new growth funding of 22 million euros. The round was led by Mandatum Asset Management Growth Equity II fund ...

Introducing Juhana Kallio, Finnish Venture Capital Association’s New Chairperson of the Board

Juhana Kallio, who was appointed as the new Chairperson of the Board at the association's annual meeting, has worked in the finance industry for over 20 years. Working with...

Quanscient raises 3.9 million euros to accelerate hardware innovation with fast simulations

Quanscient, founded in 2021, is the first provider of cloud and quantum computing-powered multiphysics simulation technology. Quanscient offers fully digital R&D processes with its unique combination of native multiphysics...

eniferBio raises €11M to make planet-friendly fungal protein from the by-products of food and agricultural processes

The successful A-round was led by Aqua-Spark and joined by Tesi, Valio, Voima Ventures, and Nordic Foodtech VC. With the investment, eniferBio will begin to scale the production of...

MB Funds and Welado have found a match

Finnish infrastructure consultant Welado gets MB Funds, a private equity company with over 30 years of experience, as its main owner. The founding entrepreneurs and the management of Welado...

MVision AI raises 5.4M€ to supercharge cancer treatment with AI

MVision AI is the first cloud-based AI-powered radiotherapy planning solution for treating cancer. MVision uses artificial intelligence to automate cancer treatment planning with its unique automatic segmentation tool. The...

Tesi’s Diversity Review: Number of women doubled in VC & PE investment teams, yet progress remains to be made

Tesi’s Diversity Review of venture capital & private equity investment teams shows progress has been made over the years, but still much needs to be done to improve diversity....