Business Finland

Summary

Business Finland appeared to be the Corporate Investor, which was created in 2018. The leading representative office of defined Corporate Investor is situated in the Helsinki. The company was established in Europe in Finland.

Besides them, we counted 1 critical employee of this fund in our database.

The typical case for the fund is to invest in rounds with 1-2 participants. Despite the Business Finland, startups are often financed by Tekes, VTT Ventures, Finnvera Venture Capital. The meaningful sponsors for the fund in investment in the same round are Reaktor Ventures, Maki.vc, Wave Ventures. In the next rounds fund is usually obtained by Vesalius Biocapital Partners, Novo Seeds, Novartis Venture Fund.

Considering the real fund results, this Corporate Investor is 15 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 13-24 deals per year. The increased amount of exits for fund were in 2017. The typical startup value when the investment from Business Finland is 1-5 millions dollars. The high activity for fund was in 2019. Deals in the range of 1 - 5 millions dollars are the general things for fund.

We can highlight the next thriving fund investment areas, such as Artificial Intelligence, Machine Learning. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Finland. Among the most popular portfolio startups of the fund, we may highlight ICEYE, Mobidiag, Revonte. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. The fund has no exact preference in some founders of portfolio startups.