ValueTech

ValueTech seed fund is focused on transformative technologies that benefit multiple types of industries, such as solutions in energy, cybersecurity and manufacturing.

Investment companies have to have a Polish legal entity, but don’t need to move entirely to Poland. They’re often the lead investor.

They’re happy to serve on a supervisory board, but not get actively involved with company management.

Revo Capital

Revo Capital invests into developing East-European markets. Traction is required and B2B is preferred, but B2C is also ok.

They often look for a board seat. Their home market is in Turkey.

They consider themselves active helpers of their companies, especially in expanding beyond the home market. Founders of the fund have C-level background in the largest Turkish telecom.

Startup Wise Guys

They have three main programs: B2B (SaaS), Cyber Security, Fintech, and a pre-accelerator for idea stage companies. The applications are ongoing, but the programs are done in batches.

Strong focus on B2B. B2B2C is possible if it’s B2B focused. B2G is possible in especially strong cases. They invest in software and marketplaces. Hardware is ok, as long as the main value in the software side.

Main acceleration programs take companies from proof-of-concept stage onwards. Idea stage companies can apply into the pre-acceleration program.

Initial ticket almost always solo, follow-on is a co-investment with possibility to lead.

 

ReadyFireAim

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.

Innovation Nest

Focusing on B2B software, especially SaaS. Very B2B-oriented forms of B2B2C can also be interesting.

Prefer at least €10k MRR. For exceptional founders, exceptions can be made.

Geographically they focus on EEA + Switzerland + UK. They prefer to invest in syndicates as a lead or co-investor.

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.

Insta Ventures

Prefer B2B, certain B2C niches are also interesting. Prefer cases with over €15k monthly revenue.

Only co-invest in rounds that already have a lead investor. Majority of deals (70%) from Nordics and Baltics, especially Finland, Sweden, Estonia and Lithuania so far. 15% from Central and Eastern Europe and 15% elsewhere from the world.

Does not invest in mobile gaming or hardware. Hardware-enabled software is interesting.