Finnfund (Finnish Fund for Industrial Cooperation Ltd.)
Venture Capital
Active
Helsinki, Finland
46
19M
37
1.05
13
0.20
5
- Areas of investment
Summary
Finnfund (Finnish Fund for Industrial Cooperation Ltd.) is the famous VC, which was founded in 1980. The main office of represented VC is situated in the Helsinki. The company was established in Europe in Finland.
The increased amount of exits for fund were in 2015. Speaking about the real fund results, this VC is 57 percentage points more often commits exit comparing to other organizations. The fund is generally included in less than 2 deals every year. Comparing to the other companies, this Finnfund (Finnish Fund for Industrial Cooperation Ltd.) performs on 4 percentage points more the average number of lead investments. The important activity for fund was in 2019. The common things for fund are deals in the range of 10 - 50 millions dollars.
The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Finnfund (Finnish Fund for Industrial Cooperation Ltd.), startups are often financed by The MasterCard Foundation, PROPARCO, LeapFrog Investments. The meaningful sponsors for the fund in investment in the same round are Vostok Emerging Finance, Polkuni, PROPARCO. In the next rounds fund is usually obtained by PROPARCO, Vostok Emerging Finance, The MasterCard Foundation.
Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. The fund has specific favorite in a number of founders of portfolio startups. For fund there is no match between the country of its foundation and the country of its the most frequent investments - Nigeria. Among the most successful fund investment fields, there are Banking, Financial Services. Among the various public portfolio startups of the fund, we may underline Access Bank Plc., JUMO, Yalelo
Besides them, we counted 12 critical employees of this fund in our database.
Investor highlights
- Industry generalist
- Yes
- Industry focus
- Geo focus
- Check size
- 1M — 27M
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Investments analytics
Analytics
- Total investments
- 46
- Lead investments
- 13
- Exits
- 5
- Rounds per year
- 1.05
- Follow on index
- 0.20
- Investments by industry
- Financial Services (16)
- FinTech (10)
- Mobile Payments (6)
- Information Technology (6)
- Renewable Energy (6) Show 63 more
- Investments by region
-
- Nigeria (4)
- South Africa (6)
- Kenya (6)
- Senegal (1)
- India (4) Show 16 more
- Peak activity year
- 2021
- Number of Unicorns
- 1
- Number of Decacorns
- 1
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Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 16
- Avg. valuation at time of investment
- 56M
- Group Appearance index
- 0.61
- Avg. company exit year
- 5
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Latest deals
Company name | Deal date | Industry | Deal stage | Deal size | Location |
---|---|---|---|---|---|
AwanTunai | 12 Mar 2024 | Financial Services, FinTech, Payments, Peer to Peer | Early Stage Venture | 27M | Jakarta Raya, Jakarta, Indonesia |
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