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Tesi

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 122
Average round size
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The average size of a deal this fund participated in
$13M
Portfolio companies 89
Rounds per year 4.36
Lead investments 11
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.26
Exits 9
Key employees 16
Stages of investment
Early Stage Venture
Late Stage Venture
Seed

Areas of investment

  • Software
  • Manufacturing
  • Health Care
  • Information Technology
  • Hardware
Summary

Tesi is the famous VC, which was founded in 1995. The company was established in Europe in Finland. The main office of represented VC is situated in the Helsinki.

Among the various public portfolio startups of the fund, we may underline Enevo, ICEYE, M-Files Besides, a startup needs to be aged 6-10 years to get the investment from the fund. The fund has no exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Among the most successful fund investment fields, there are Biotechnology, Software. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Finland.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Tesi, startups are often financed by Lifeline Ventures, OpenOcean, Conor Venture Partners. The meaningful sponsors for the fund in investment in the same round are OpenOcean, Conor Venture Partners, Inventure. In the next rounds fund is usually obtained by First Fellow Partners, Reaktor Ventures, Lifeline Ventures.

The fund is constantly included in 2-6 deals per year. Considering the real fund results, this VC is 0 percentage points more often commits exit comparing to other organizations. The common things for fund are deals in the range of 5 - 10 millions dollars. The top amount of exits for fund were in 2014. The important activity for fund was in 2006. Despite it in 2019 the fund had an activity. Comparing to the other companies, this Tesi performs on 19 percentage points less the average number of lead investments.

The overall number of key employees were 16.

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Typical Co-investors
Tesi is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Tesi:

Funds with similar focus

Funds from Finland
Funds with similar focus located in Finland:
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Funds with similar focus acting as lead investors:

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Carbo Culture

Environmental Engineering
Sustainability
$18M28 Nov 2023 Helsinki, Uusimaa, Finland

Measurlabs

E-Commerce
Trading Platform
$2M01 Sep 2023 Helsinki, Southern Finland, Finland

Algorithmiq

Life Science
Market Research
Quantum Computing
$16M27 Jun 2023 Turku, Western Finland, Finland

eniferBio

Biotechnology
Life Science
$12M18 Apr 2023 Espoo, Uusimaa, Finland

Aurealis Therapeutics

Biotechnology
Pharmaceutical
Therapeutics
$10M30 Mar 2023 Kuopio, Eastern Finland, Finland

Norsepower Oy

Clean Energy
CleanTech
Energy
Energy Efficiency
$33M28 Mar 2023 Helsinki, Uusimaa, Finland

Safegrid

$6M20 Feb 2023 Uusimaa, Southern Finland, Finland

HVR Cardio

Health Care
Health Diagnostics
$12M11 Jan 2023 Espoo, Southern Finland, Finland

IQM

Computer
Hardware
Product Design
Quantum Computing
$151M22 Jul 2022 Espoo, Uusimaa, Finland

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Total investments 122
Average round size 13M
Rounds per year 4.36
Peak activity year 2022
Lead investments 11
Follow on index 0.26
Exits 9
Group Appearance index 0.95

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Carbo Culture

Environmental Engineering
Sustainability
$18M28 Nov 2023 Helsinki, Uusimaa, Finland

Measurlabs

E-Commerce
Trading Platform
$2M01 Sep 2023 Helsinki, Southern Finland, Finland

Algorithmiq

Life Science
Market Research
Quantum Computing
$16M27 Jun 2023 Turku, Western Finland, Finland

eniferBio

Biotechnology
Life Science
$12M18 Apr 2023 Espoo, Uusimaa, Finland

Aurealis Therapeutics

Biotechnology
Pharmaceutical
Therapeutics
$10M30 Mar 2023 Kuopio, Eastern Finland, Finland

Norsepower Oy

Clean Energy
CleanTech
Energy
Energy Efficiency
$33M28 Mar 2023 Helsinki, Uusimaa, Finland

Safegrid

$6M20 Feb 2023 Uusimaa, Southern Finland, Finland

HVR Cardio

Health Care
Health Diagnostics
$12M11 Jan 2023 Espoo, Southern Finland, Finland

IQM

Computer
Hardware
Product Design
Quantum Computing
$151M22 Jul 2022 Espoo, Uusimaa, Finland
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