Fazer Lab

Fazer is looking for food tech startups who focus on food (the substance), raw materials and food production process technologies.

For example solutions that help in berry or cocoa availability around the year would be interesting.

They’re interested especially in commercial cooperation, and also willing to invest in a few select startups.

Startup introductions can be sent to Jussi Loponen: https://www.linkedin.com/in/zloponen/. Please include an introductory text in the connection request.

Change Ventures

Change Ventures invests into startups in the Baltics, or with Baltic founders on their teams.

OP Lab

OP Lab is the startup collaboration unit of OP, a major Finnish bank. They seek startups to purchase innovations from as an early adopter, while also seeking for more mature startups to acquire.

Their focus is on solutions that are linked to fields of banking, insurance & finance in general. Fields such as fintech, insurtech, AI, biometrics, customer experience, and loyalty etc. are of interest to them.

They’re happy to connect with startups that are interested in the Finnish market.

AI4Cities

AI4Cities is looking for solutions that use articial intelligence to reduce carbon emissions and energy consumption. The participating cities are Amsterdam, Copenhagen, Helsinki, Paris region Stavanger, Tallinn.

They’re seeking 40 consortiums to participate in phase 1 (up to €40k per company), of which 20 continue to phase 2 (up to €80k) and three to phase 3 (up to €240k).

An applying consortium can consist of one or more companies. The emphasis is on European companies (main applicant of consortium and at least 50% of the budget expenditure).

Companies can seek others to form consortiums with through the matchmaking of two pre-events as well as the form on the website.

Their applications are open from 1.12.2020 to 28.2.2021.

Contact through website and email: info@ai4cities.eu.

Rocket Cluster

Lithuanian cluster of engineering, design and production companies, specializing in products of at least one cubic meter in size and orders from €30k upwards. They’re especially able to orchestrate complex offerings, up to 50 suppliers for one project. Their focus is in metal and plastic production.

Their ideal customers are from the following sectors:

  • Micro- and macro-algae
  • Aquaculture & marine
  • Industry & offshore
  • Indoor and outdoor marketing

Their offering is most often used by companies with a TRL of 4-8, but sometimes as early stage as 2.

They are also happy to help in the technical part of writing applications for Horizon and other grants. They’re also interested in discussing helping companies where management team wants to simplify their involvement or move on to something else.

Practica Capital

Practica Capital is a Lithuanian fund investing especially into early-stage companies, focusing especially on tech companies in the Baltics. They also invest into companies in some nearby areas or with Baltic founders elsewhere in Europe.

They have an especial liking for marketplaces, SaaS, space tech, mobility, fintech, big data, AI, and interdisciplinary life science startups, including health tech and biotech. Drug discovery and other solutions with very long development time spans are out of their focus. They prefer tech solutions but are also interested in especially strong non-tech solutions as well. Idea stage companies are only interesting with founding teams that include serial entrepreneurs.

They are an active investor, helping the deals happen by getting the rest of the needed investors on board.

They have invested in more than 50 companies, leading to more than 20 exits.

If they lead the investment they often take a board seat, especially in fields where their experience is helpful.

The Founder Institute Finland & Global Center of Excellence for Food Ecosystems

The Founder Institute runs two pre-seed acceleration programs in Finland: a general one for all founders, as well as a Global Center of Excellence for Food Ecosystems, interested in all food-related solutions.

Their program works for all founders, even those who don’t have an idea yet, until the stage of having good sales and the first professional investor on board.

The programs cost €599/€799 (early bird/regular fee), with a possibility to get a stipend to cover the costs. The participants also commit to a 4% warrant.

APX

APX invests into early stage software companies in Europe and Israel and offers them a 100-day tailormade acceleration program. After the program they usually invest more pro rata.

They’re backed by Porsche, the luxury car manufacturer, and Axel Springer, the biggest media company in Europe. They have an extensive network of industrial connections in Germany, including the globally leading companies in multiple fields.

Their main value add is in business development. They focus on companies who are ready to sell at least a pilot version to customers already.

Their initial investment is always €50k for 5% ownership stake. They also offer office in Berlin for four months for free. They invest into over 40 companies per year.

Startup Lions / Whitecoach

Startup Lions / Whitecoach invest into very early stage Finnish startups and helps them get more funding from banks, the state and other investors. They’re often the first investor, who helps the company get the business and further investments going.

Sector-wise they’re not investing into games, pharma or other very capital-intensive areas, but almost everything else is interesting for them.

Startup Lions and Whitecoach are two separate investment companies who share many key people and operating models. They seek a 10-50% ownership stake and board chairperson position in the companies they invest in.

Frontier Growth Capital

Frontier Growth Capital company is the early stage angel investment company of Mikko Silventola, focusing on pre-seed or seed stage tech companies. The earlier the stage the better, and software is preferred.

Mikko has invested into three unicorns and many companies that are valued at over €100M. He can help opening doors, fundraising (incl. attracting strategic angels) and other crucial growth company tasks.