Unknown Group

Unknown Group does startup scouting for corporations and governments, helping them find startups to buy from or partner with.

Combient Foundry

Combient Foundry is the venture client unit of a group of Nordic industrial corporations, including Epiroc, KONE, Scania, Stora Enso, Husqvarna Group and Fazer. Together they outline new business opportunities and ensure the corporations are ready to cooperate with agile startups, and publish new opportunities two to three times a year.

The business opportunities typically aim to start pilot projects of €50-200k within a few months, with the goal of long-term cooperation as a client and/or other forms of partnership.

They most often seek physical or software solutions. New operational and business models have also been relevant for them. Most of their challenges are B2B or B2C, but there have been cases involving B2G clients as well.

Submissions for their autumn period are open until 22.10.2020. The next period is expected to open in 2/2021.

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.

Maxion Advanced Technologies

Iochpe-Maxion is a Brazilian wheel and chassis manufacturer, looking to connect companies in the mobility industry to develop new partnerships and revenue streams.

They prefer working with companies that have funding and at least a working proof of concept of their technology. Traction is also highly valued.

LH Startup MAQER

LH Startup MAQER is the venture client unit of LafargeHolcim, a multinational corporation with a background in manufacturing building materials. They’re looking for partners and suppliers in industry 4.0, logistics, services and retail.

They seek solutions that have at least early traction with pilot users and that have received their first professional investment already.

Maersk Growth

Maersk Growth invests into companies with global ambitions to shape the end-to-end supply chains. They’re the CVC arm of the global logistics giant Maersk, offering excellent growth opportunities for companies working with supply chains or logistics.

They’re interested in technological and non-technological companies both. Many of their investments are into operational companies that leverage technology but for whom the core competence might be in the operations side.

They prefer co-investing with traditional VCs. They’re happy to be a follow-investor but can lead and occasionally solo invest as well.

Tesi

Tesi focuses on investing into companies with revenue and a proven product-market-fit. They occasionally invest pre-revenue as well, for example into especially strong deep tech cases.

They’re not interested in pharmaceuticals, but other health tech is interesting.

They invest into companies that are based in Finland or have a strong connection with (interest in) Finland.

They prefer being co-lead or lead investor. They don’t invest solo.

EIT InnoEnergy

EIT InnoEnergy is a multi-LP fund focusing on energy-related startups in Europe. They have excellent connections, and know the public sector especially thoroughly.

Prefer B2C but others are also interesting. They prefer co-investing but also invest solo.

EIT Innoenergy is a Pan European investor in the cleantech ecosystem. With a strong focus on impact technologies, aiming to empower citizens, provide access to clean(er) energy, and encourage international cooperation. Thematic tracks include renewables, mobility, battery, hydrogen, storage, smart cities, energy efficiency, smart grid, circular economy. A worldwide reach with offices in Poland (responsible for the geographical region ranging from Estonia to Turkey), Germany, Sweden, the Netherlands, Spain, Portugal, and the U.S.

Our aim is to support sustainable energy innovations that provide the industry with derisked solutions. These innovative companies reduce energy costs, increase system performance and competitiveness, while decreasing greenhouse gas (GHG) emissions, and creating jobs.

Tehnopol Startup Incubator

Tehnopol Startup Incubator is located in Tallinn, Estonia. Applications are open all through the year, selection process and intake are in batches around the year.

Current focus areas are health tech, space tech, B2B ICT, greentech and smart cities. Startups from other areas are also welcome.

Most of their participating companies are B2B or B2C. They also have a separate program focused on the needs of B2G startups, which they’re happy to tell more about.

Participating teams have to have or establish a company in Estonia (takes 15 minutes) within a month of joining the program.

Deutsche Telekom Capital Partners

Deutsche Telekom Capital Partners (DTCP) invests into B2B SaaS companies with approx. €5M ARR. They’re happy to get to know companies already at €1M ARR.

They do follow-on investments.