Vitosha Venture Partners invests into startups that have a connection with Bulgaria, or willing to establish one. For example a sales team’s office or a development unit.
They do not invest into gambling or similar types of startups.
Valuation: €2-4 M
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.
Kiilto Ventures is the family office of Kiilto Group. Kiilto develops, manufactures and markets chemical industry solutions in four business areas: construction, industrial bonding and hygiene solutions, professional cleanliness and hygiene, and consumer business. Kiilto Ventures is seeking B2B and B2G companies disrupting and innovating the way things are done in these sectors.
They prefer to invest into companies they can have a business collaboration with, for example as a client, sales channel or RDI partner.
They value sustainability and appreciate alternative solutions to achieve the desired results with a better environmental impact. Other interest areas include for example hygiene validation and management with data, and identifying invisible dirt, bacteria or viruses, especially automatically from surfaces, and hygiene as a service.
Kiilto Ventures prefers ownership stakes between 10-20%. They appreciate getting a board seat.
Kiilto’s aim is to be carbon neutral by 2028.
SCM Advisors is the UK-headquartered investment arm of the Ukrainian SCM conglomerate. SCM’s main industries are metals (especially steel), mining, and energy,. They also have a broad range of other investments e.g. in banking, retail and real estate.
They have a preference for B2B and data. About a third of their portfolio companies use AI or machine learning. They are interested in hardware investments too, especially on companies related to their group’s businesses. Health solutions like process automatization are interesting, but not pharmaceutical drugs.
They’re a co-investor, often the 2nd to 4th biggest investor on a round.
A technology-building accelerator by Producement, founded by ex-Transferwise engineers. They invest software-building for startups at a discount and possibility to pay half by equity, convertible debt or similar.
Revenue is not mandatory but preferred. They look for customer validation of demand, and are focused on helping make the technology work and be scalable.
They are also able to help the best startups attract funding.
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.
SET Ventures focuses on early growth stage companies furthering the transition of the energy sector. Their customer and investor network and expertise in growing companies helps you be ready for scaling your business.
SET Ventures invests into companies doing smart energy solutions, mainly software and services. Hardware is ok as well, as long as the solution has a software or service component.
Companies have to have an impact on the energy system, furthering its transition. For example electric mobility solutions are relevant, but old-fashioned energy solutions would not be.
SET Ventures has excellent expertise in energy sector. “Many companies can skip through the first half of their presentation as we are already familiar with the basic problems and very well embedded in the whole European energy system.”
They’re looking at companies below €25M valuation pre-money (€30M post-money). The companies have to have the potential to be worth over €200M on exit.
SET Ventures seeks to hold a significant minority stake of typically 20% or more. typically takes an active board position but never sit on the management team. Fund lifetime is 10+2 years, they’re in it for the long haul (typically 4-7 years), not seeking to exit in a short time frame.
Contact to info@setventures.com goes to three people and they go through and respond to each case.
Northbound Startups is a cross-border accelerator program between Finland (Turku), Sweden (Västerås) and Estonia (Tallinn). They help startups build their business and get an investment from local and international investors. They connect startups to investors, mentors, buyers etc. from all three areas, boosting the startups’ ability to work across the Baltic sea. The program is free for startups.
The two-year project offers two comprehensive acceleration programs. one per year. Application period for autumn 2020 program is open from 15.6.2020 until mid-August and the program begins in September 2020 and ends in March 2021. The dates for the second batch are approx a month earlier in 2021.
The program collaborates with institutional investors, investor networks and other accelerator and incubator programs, such as Turku BusinessUp.
Previous similar programs, like Springboard, ignited multiple startups that got a great international start in 2 or 3 countries and cities through the program.
Elisa seeks startups to purchase innovations from as an early customer. They’re also seeking mature startups to acquire.
Their focus is on solutions that help them sell more connectivity solutions or additional services to their current customers. E.g. automation, industry 4.0, health care, entertainment, smart homes etc.
They’re happy to connect with startups that are interested in Finnish or Nordic-Baltic market.
Jätkäsaari Mobility Lab offers ways to pilot solutions in real-life city context in Helsinki, Finland. Their sweet spot is solutions that are ready to be tested, but they’re happy to discuss also with idea stage projects to see about future collaboration potential. The solutions should be related to safe and sustainable smart mobility.
They have 1-2 agile piloting calls per year, but also ongoing applications, so feel free to contact them any time.
The most recent call is open until 18.8.2020 with a maximum cost of one agile pilot being €15 000.