K Fund

K Fund is based in Spain, investing especially in Spain but also elsewhere in Europe, Israel and Russia.

They’re the lead investor in most of their cases.

 

Inovo Venture Partners

Software-focused, but do other investments as well. Especial expertise in B2B, both enterprises and SMEs, and SaaS or marketplace business models.

Geographically focused in Central Eastern Europe (80%), with a mandate to invest anywhere (20%). Often a co-investor, but do lead and solo investments as well.

Lagoon Capital

Investment company of Ari Korhonen, one of the longest-standing angel investors in Finland. Invests into software companies. His sweet spot for initial tickets is €50-100k, other sizes are doable on a case-by-case basis.

Ari grew his original company Komartek to an internationally successful one, sold it to WM-data in in 2004, and served as a Vice President of WM-data. WM-data is nowadays known as CGI.

Within the last 14 years, Ari has made angel investments in 39 companies. In those he has participated totally to 128 investment rounds. The companies invested in include MariaDB, DealDash, Klevu, Miradore and Sympa. Of these investments, he has had six successful exits; Small Giant Games, Severa, Paytrail, Octo3, In4mo and The Switch.

Ari is also an investor in venture capital and buyout funds which include Seedcamp, 500 Startups, True Global Ventures, Spintop Ventures, Evli Growth Partners and KJK Capital. Of these investments, he has had one successful exit; Seedcamp fund II. In Spintop Ventures he is also a Senior Advisor and in Evli Growth Partners a Growth Partner. Ari is also Advisory Board member in Finnish Industry Investments (Tesi) and LUT University.

Ari was elected by FiBAN (Finish Business Angels Network) as Business Angel of the Year in Finland in 2014. He is a co-founder and honorary member of FiBAN and Vice Chairman of the Board during 2010-2012. Ari has been an EBAN (European Business Angels Network) board member and Vice-President during 2012-2016. He was awarded EBAN Lifetime Achievement Award in 2015. He is also an active member in many international business angel networks, like EstBAN, NordicBAN, Global Super Angels Club, etc… Ari has been featured by EU-Startups as one of the top 40 of Europe’s most active and most influential angel investors.

Ari was awarded Honorary Doctorate in Economics and Business Administration by LUT University in 2017. He holds a Master of Science degree in engineering from LUT University.

M&M Growth Partners

They do VC tickets of €100k-500k, and growth tickets €200k-5M. They invest only in software with an emphasis on B2B and deep tech. Traction and sales are required, preference for over €500k ARR.

Preferred contact point is contact@mmgp.fi.

Commercialization Reactor

Accelerator with ongoing applications. Programs start in batches. Currently everything online, but they plan to resume physical participation programs later.

Requirements: Deep tech. Significant understanding behind tech. Team of founders have to include at least one scientist and one entrepreneur. Have to be from EEA or UK or Switzerland or willing to move to Latvia. Have to establish a company in Latvia for the acceleration program.

Sustainable Ventures

Annual acceleration fund and program for sustainable ventures.

Companies have to be UK tax registered. Investment tickets and mentioned sizes here are in British pounds.

Turing Studio

Fundraising, branding, design and business development consulting. Helping clients with development projects around the globe.

Does not organize clinical trials, but they do user research and interviews and help with all business areas.

Katalista Ventures

Hybrid accelerator / fund. Looking at triple top line benefit: people, planet, profit.

Prefer B2B and software. Others are possible in especially strong cases.

Active investor. Putting time into each company. Comfortable with minority stakes. Prefer to co-invest.

 

bValue

Focus on B2B, especially light-touch sales model SaaS for SMEs. B2C, B2B to large enterprises and B2G are also possible in strong cases.

Geographically focus is on CEE, but elsewhere in EU is also possible. Non-EU companies are investable if they establish an office in EU.

Focus on software and valuations below €20M, but occasionally invests in hardware, or especially strong cases with higher valuations.

Active investor. Normally doesn’t take a board seat.

GrayBella Capital

GrayBella Capital is a pan-European venture capital fund investing in healthcare and complex technology fast growth companies. They invest €2-7M in trenches and welcome other investors on board.

Their goal is to help companies scale internationally while keeping core operations locally in their primary market.

They have a preference for B2B. Their especial focus is on bioinformatics, genomics and other areas where health meets IT. Clinical trials are out of their scope.