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Veturi Venture Accelerator

Founders Jussi Harvela Moaffak Ahmed

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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 6
Average round size
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The average size of a deal this fund participated in
$1M
Portfolio companies 5
Rounds per year 0.46
Lead investments 1
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.17
Key employees 2
Stages of investment
Seed

Areas of investment

  • Information Services
  • Information Technology
  • Sales
  • Search Engine
  • Service Industry
Summary

In 2008 was created Veturi Venture Accelerator, which is appeared as VC. The company was established in Europe in Finland. The main department of described VC is located in the Espoo.

The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Veturi Venture Accelerator, startups are often financed by Gorilla Ventures Oy. The meaningful sponsors for the fund in investment in the same round are Superhero Capital, Reaktor Ventures, Pekka Vartiainen. In the next rounds fund is usually obtained by Finnvera Venture Capital, Steve Blank, Reaktor Ventures.

The fund has no specific favorite in a number of founders of portfolio startups. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Among the most popular fund investment industries, there are Social, Information Technology. Among the most popular portfolio startups of the fund, we may highlight Blaast, Oppex. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Finland.

This organization was formed by Jussi Harvela, Moaffak Ahmed.

The fund is constantly included in less than 2 deals per year. Considering the real fund results, this VC is 3 percentage points less often commits exit comparing to other organizations. The important activity for fund was in 2010. Deals in the range of 1 - 5 millions dollars are the general things for fund.

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Funds with similar focus located in Finland:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Camment

Broadcasting
Information Technology
Video Streaming
$767K25 Jul 2017 Helsinki, Uusimaa, Finland

Information Services
Sales
Search Engine
Service Industry
$1M17 Nov 2014 Helsinki, Uusimaa, Finland

Oppex

Information Services
Sales
Search Engine
Service Industry
$283K01 Jan 2012 Helsinki, Uusimaa, Finland

Blaast

Information Services
Information Technology
Mobile
$3M31 Dec 2010 Finland, Uusimaa

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Total investments 6
Average round size 1M
Rounds per year 0.46
Peak activity year 2010
Lead investments 1
Follow on index 0.17
Group Appearance index 0.50

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Camment

Broadcasting
Information Technology
Video Streaming
$767K25 Jul 2017 Helsinki, Uusimaa, Finland

Information Services
Sales
Search Engine
Service Industry
$1M17 Nov 2014 Helsinki, Uusimaa, Finland

Oppex

Information Services
Sales
Search Engine
Service Industry
$283K01 Jan 2012 Helsinki, Uusimaa, Finland

Blaast

Information Services
Information Technology
Mobile
$3M31 Dec 2010 Finland, Uusimaa
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