Participation type: The only investor in a round

Valo Ventures

Valo is a multi-stage, thematic venture capital firm seeking companies that apply digital technologies to the physical world and create economic value as well as long-term societal and environmental benefits. They focus on 5 global megatrends. They typically invest $2-15M tickets and prefer to lead/co-lead with an active role. They are based out of Palo Alto, California, USA.

Investment scope in brief:

  • US, Europe and Israel
  • Multi-stage (Seed-C), $2-15M investment
  • Mission-driven around five megatrends: Climate Change, Circular Economy, Mobility & Autonomy, Urbanization, and Empowered People

The anchor LP of Valo is the Finnish energy company Fortum.

Valkea Growth Club

Valkea Growth Club is the startup acceleration, investment and support program of Fortum, a large Finnish energy corporation. The main goal that unites everyone associated with the Valkea Growth Club is to create a cleaner future.

Valkea develops Fortum’s experimented concepts to standalone companies and looks for external early stage startups to assist them in their journey. They offer expertise, development opportunities, funding and premises at Maria 01 in Helsinki.

Their mandate in brief:

  • Thematically focused around energy systems, sustainability & resource efficiency, and empowered consumers
  • High quality, usually digital solutions with >50M€ revenue scale potential
  • Series Seed-A, low 100k€s to low M€s
  • Startups with Nordic activities

They are interested especially in software solutions, but hardware can also be relevant.

Speedinvest

Speedinvest invests into digital software solutions and helps them scale internationally, especially in the US. They have several funds, some of specializing in for example marketplaces, fintech and industrial tech. Deep tech, SaaS, enterprise and consumer solutions, and digital health are also of especial interest to them.

They have offices in Berlin, London, Munich, Silicon Valley and Vienna.

They focus on both B2B and B2C solutions, but are interested in considering B2G cases as well.

They seek an ownership stake of 10% or higher a usually a board seat. They typically lead rounds.

Lifeline Ventures

Lifeline Ventures is one of the most successful Finnish venture funds, focusing on teams with Finnish founders. They invest into companies in early stage only and have the capacity to follow-on at least pro rata until very late stages.

They prefer to lead the rounds of their initial investments and seek a board seat.

VenturesOne

VenturesOne invests into European and South Asian companies. They’re sector-agnostic, focusing more on teams and business models. They have a preference for B2B, but invest into strong companies with other clients types as well.

Kristjan Raude

Kristjan’s background is in digital marketing and personal development, and he has a passion for startups where he can leverage these and his business development acumen. He considers himself as quite active in supporting his portfolio companies, although he’s more than happy to leave the daily operations to the management team.

He has a preference for B2B and deep tech but other kinds of startups are also interesting, except not B2G.

Truffle Capital

Truffle Capital invests into software-intensive companies. They have a preference for deep tech and B2B and B2B2C, but have invested into strong B2C or applied tech cases as well.

Sector-wise they’re especially interested in fintech and insurtech.

Maniv Mobility

Maniv Mobility invests into mobility companies worldwide. They have extensive networks in the mobility industry and have many car companies as their limited partners.

They invest into both hardware and software, as well as deep tech and applied tech. They prefer B2B or B2C, but B2G is also possible. They’re often the lead or solo investor, but can be a follow investor in exceptional cases.

They’re based in Tel Aviv, Israel. They have approx. 30 companies in their portfolio and are currently managing their second fund by the end of 2020.

Marlion

Marlion is the angel investment company of Tuomas Pahlman. His background is in measurement technology and analytics software. He’s looking for B2B companies in related areas to invest in.

He prefers to invest in a syndicate. Occasionally does solo investments as well.

Fil Rouge Capital

Fil Rouge Capital invests into startups operating or opening an office in Croatia. They prefer software, marketplaces and applied tech, but are interested in deep tech and hardware as well.

They have an acceleration program that invests €50k into all accepted companies. The participants can be pre-revenue.

Their VC side €200-500k tickets into companies with revenue at least from early pilot customers and a strong growth potential.

They prefer to lead or co-lead investment syndicates, but are willing to consider solo investments as well.