EAF Finland
EAF Finland co-invests with selected experienced Business Angels into innovative Finnish early stage SMEs.
Investment partner for experienced business angels
EAF Finland co-invests with selected experienced Business Angels into innovative Finnish early stage SMEs.
BFVC has committed EUR 15 million in the EAF Finland angel fund. The fund's size is EUR 30 million and its other investor and advisor is the European Investment Fund. The fund is aimed at experienced business angels, in support of their investments in innovative startup SMEs.
The fund's operating model is part of the European Investment Fund's Angel Investment Programme. Six other EU countries besides Finland have funds that operate on the same principle.
The investment period of EAF Finland has ended and it will not enter into new co-investment framework agreements with business angels.
How does an angel fund work?
The business angels make decisions about investments and exits on behalf of themselves and the fund. Co-investments are made on a 50–50 principle, meaning that the fund and the business angel will invest the same amount in the company
For more information please see the European Investment Fund's website
