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General Information

Phone+358 - 9 - 680 3680
DescriptionVenture Capital



Mannerheimintie 14 A (9th floor)
Helsinki, 00101, FIN


CEO & President
Investment Director


Finnish Industry Investment

Finnish Industry Investment Ltd is a government-owned investment company. It invests the proceeds accrued from the privatisation of state-owned companies in stimulating the growth and internationalisation of Finnish businesses.

Finnish Industry Investment invests in venture capital funds and directly in growth companies, together with private co-investors. The targets are in all sectors. Capital investments are needed for financing the growth of investee companies, and for spin-offs, major industrial investments, and sector and corporate restructurings.

The investments of Finnish Industry Investment amount to over MEUR 570

Recent Milestones


Company Date Round Size Participants
Mekitec 3/2014Venture Round€2.2M2
Visedo 12/2013Venture Round€4M2
Scoopshot 11/2013Series A$3.9M2
SkySQL 10/2013Series B$20M5
M-Files 4/2013Series A€6M2
Enevo 4/2013Series A€2M2
MetGen 2/2013Venture Round€2.2M3
Scoopshot 1/2013Venture Round€4.5M1
WOT Services Ltd. 11/2012Series A$1.3M3
SkySQL 4/2012Series A$4M2
Academica 8/2011Venture Round1
Mendor 6/2011Series B€8.1M4
Silecs 5/2011Series E$16M4
Nexstim 1/2011Venture Round€11M6
European Batteries 1/2011Venture Round€13.7M3
Beneq 1/2011Venture Round€9M2
Valmet Automotive 11/2010Venture Round€20M2
Confidex 2/2010Venture Round$3.76M2
EpiCrystals 2/2009Venture Round$7.67M2
WOT Services Ltd. 2/2009Venture Round3
Conformiq 2/2009Venture Round$4.2M2
Axel Technologies 1/2009Series B$3.1M2
Silecs 1/2009Venture Round$7.87M3
Virtual Air Guitar Company 10/2007Seed$169k1
Quosis 1/2007Seed$260k2
Aspida 12/2006Venture Round$654k1
Concilio Networks 10/2006Venture Round€1M2
Max Rumpus 9/2006Venture Round$254k2
Helmi Technologies 8/2006Series B$2.5M2
Magnasense 5/2006Venture Round$193k2
ASAN Security Technologies 2/2006Venture Round$1.31M2
Iqua 1/2006Series A$3.06M2
Trackway 1/2006Series B$1.23M2
Ipsat Therapies 4/2005Series C$9.02M4



  1. Mekitec Raises €2.2M ( [edit]
  2. Cleantech company Visedo raises € 4 million to finance international growth ( [edit]
  3. On-Demand Photography Marketplace Scoopshot Snaps $3.9 Million Series A ( [edit]
  4. SkySQL Raises $20M To Support Open-Source Relational Database MariaDB ( [edit]
  5. M-Files Raises $7.8M Series A For Its Metadata-Powered Enterprise Content Management Solution ( [edit]
  6. Enevo Completes €2M Funding Round ( [edit]
  7. MetGen Raises €2.2M in Funding ( [edit]
  8. Scoopshot, The On-Demand Photography Marketplace, Raises $1.2M From World’s “Top Selling” Stock Photographer ( [edit]
  9. Web Of Trust, The Crowdsourced Safe Surfing Tool, Raises Further $1.3M Led By Inventure ( [edit]
  10. SkySQL raises $4M for database support services ( [edit]
  11. Academica Receives Equity Investment ( [edit]
  12. Mendor Raises EUR 8.1 Million in a Series B Financing Round for Global Market Expansion ( [edit]
  13. Silecs Raises US$16 Million of Venture Capital Funding ( [edit]
  14. Nexstim, a Medical Device Company, Raises over EUR 11 Million in New Equity Financing ( [edit]
  15. European Batteries Raises €13,7M ( [edit]
  16. Beneq Receives €9M Equity Investment ( [edit]
  17. Valmet Automotive Receives €20M Equity Investment ( [edit]
  18. Confidex Secures Second Round Financing and Loans Worth €5 Million ( [edit]
  19. Follow-on investment of MEUR 6 in laser company EpiCrystals ( [edit]
  20. Capital Report Index [edit]
  21. Conformiq raises $4.2M to automate software tests ( [edit]
  22. Axel Technologies Raises EUR 2.4M for Mobile TV Technology Commercialization ( [edit]
  23. Industry Investment, InnovationsKapital and Tempo Capital Partners invest MEUR 6 in Silecs Oy ( [edit]
  24. Finnish game industry has funding and know-how ( [edit]
  25. Quosis ( [edit]
  26. EDGAR [edit]
  27. Conor Venture Partners and Finnish Industry Investment to Invest in Concilio Networks ( [edit]
  28. EDGAR [edit]
  29. Helmi Technologies Secures $2.5 Million in Funding ( [edit]
  30. EDGAR [edit]
  31. EDGAR [edit]
  32. EDGAR [edit]
  33. EDGAR [edit]
  34. EDGAR [edit]
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Last Edited 3/13/14

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