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Investments in best funds

So far Business Finland Venture Capital Ltd has invested in 19 funds that have collected funds in the total amount of approx. 380 million euros. The funds have invested in approximately to 420 companies altogether.

Funds make their initial investments start-up companies typically during the first 3-4 years of the term of the fund, which is normally 10 year. A start-up company seeking equity investment should approach funds' management companies directly. You can learn more about funds  and their investment focus areas on funds' websites. 

Investments

Venture Capital Fund Investments

Gorilla Capital Fund III Ky
Investment: EUR 15.7 million
Established 2023

Failup Fund I Ky
Investment: EUR 15 million
Established 2023

Greencode I Ky 
Investment: EUR 23.4 million
Established 2023

FOV Venture Fund I Ky 
Investment: EUR 10 million
Established 2022

NFT.VC Fund I Ky
Investment: EUR 20 million
Established 2020

Gorilla Capital Fund 2017 Ky
Investment: EUR 6 million
Established 2017

Icebreaker Fund I Ky
Investment: EUR 6 million
Established 2016.

Butterfly Venture Fund III Ky
Investment: EUR 6 million
Established 2016

Superhero Venture Fund 2015 Ky
Investment: EUR 6 million
Established 2015

IPR.VC Fund I Ky
Investment: EUR 6 million
Established 2015

Investments in Vigo accelerators

Business Finland Venture Capital Ltd aqcuired six fund interest in Vigo accelerators from Finnvera Plc in 2014.

Clean Future Fund Ky
Investment: EUR 800 000
Established 2010

Lifeline Ventures Fund I Ky
Investment: EUR 3 million
Established 2012

Gorilla Kiihdytys 2012 Ky
Investment: EUR 500 000 
Established 2012

EW1 Venture Fund Ky
Investment: EUR  400 000
Established 2013

Royal Majestics Fashion & Design Fund Ky
Investment: EUR  700 000
Established 2013

Vendep Startup Rahasto I Ky
Investment: EUR 2 million
Established 2013

Industrial Policy Investments

Turku Marine Industry Holding Oy
Investment: EUR 80 million
Year: 2023