Funding

Maki.vc funding news – Helsinki-based Maki.vc has Launched its Third Fund of €100 Million

Nov 12, 2024 | By Kailee Rainse

Maki.vc funding news - Helsinki-based Maki.vc has Launched its Third Fund of €100 Million

Helsinki-based venture capital firm Maki.vc has launched its third fund of €100M to invest in early-stage startups in the Nordics and Northern Europe. The fund focuses on the Nordic region and takes advantage of its strong tech expertise and supportive public investment environment.

SUMMARY

  • Helsinki-based venture capital firm Maki.vc has launched its third fund of €100M to invest in early-stage startups in the Nordics and Northern Europe.
  • Founded in 2018, Maki.vc focuses on early-stage investments in deep tech and brand-driven startups, both in consumer and enterprise sectors.

Backed by over 50 investors, including leaders from Skype, Wise, RELEX Solutions, Aiven, and Supercell, the fund will benefit from their experience in growing tech companies.

It has also created a global network of advisors to offer practical support to startups in areas like recruitment, branding, and funding.

Aim of the new fund

The new fund from it is an Article 8 fund, which focuses on investing in startups that support environmental and social goals. It targets pre-seed and seed-stage companies.

Pauliina Martikainen, Partner at Maki.vc, says, “The Nordics represent one of the most significant startup funding regions in Europe, and we believe that investment opportunities here are greater than ever. This unique ecosystem blends cutting-edge R&D, strong industry collaborations, deep tech expertise, and a proven track record of entrepreneurial success, making it the ideal launchpad for tech companies to achieve meaningful global impact.”

It has already made seven investments, including in companies like Distance Technologies, QMill, and Ever Cars. Initial investments range from €300K to €3M, with some follow-up funding for promising startups. Previous funds from it have supported companies like Spinnova (which went public in 2021) and exits like Ultimate (acquired by Zendesk) and Revela (acquired by Oddity).

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About Maki.vc

Founded in 2018, Maki.vc focuses on early-stage investments in deep tech and brand-driven startups, both in consumer and enterprise sectors. The firm is led by partners Ilkka Kivimäki, Pauliina Martikainen-Rahnu, Pirkka Palomäki, and Paavo Räisänen, and invests in companies with strong scientific innovation, intellectual property, and customer insights.

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