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The Venture Codex

Overview

Wealth management helping Finns understand ownership advantages.

Founded

2007

Deals · 12mo

2

Stage focus

—

Geographic focus

Finland

Sector focus

Finance
Financial Services

Investment portfolio

7rounds
NAMEDATESIZE
Fintoil
Aug 2026Participated
$87 MOther Equity
Ren-Gas
Dec 2025Participated
$19 MOther Equity
Finnish Food Factory
Sep 2025Led
$12 MOther Equity
Enifer
May 2024Led
$39 MSeries B
Nordtreat
Mar 2022Led
$4 MOther Equity
Tracegrow
Jun 2021Led
$2 MOther Equity
Betolar
Nov 2020Led
$2 MOther Equity
Fintoil
Aug 2026Participated
$87 MOther Equity
Ren-Gas
Dec 2025Participated
$19 MOther Equity
Finnish Food Factory
Sep 2025Led
$12 MOther Equity
Enifer
May 2024Led
$39 MSeries B
Nordtreat
Mar 2022Led
$4 MOther Equity
Tracegrow
Jun 2021Led
$2 MOther Equity
Betolar
Nov 2020Led
$2 MOther Equity
7
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Insights

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Deal Distribution

Taaleri: 7 funding rounds are recorded in the selected participation categories.All available history.
Taaleri: 7 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series B10
Other Equity42

Monthly Deal Activity

Taaleri: 7 deals are recorded across 72 months.All available history.
Taaleri: 7 deals are recorded across 72 months. All available history
MonthDeals
Nov '201
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '211
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '221
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '250
Dec '251
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

Taaleri: Clean Energy & Sustainability is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Taaleri: Clean Energy & Sustainability is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Clean Energy & Sustainability4
Food & Agriculture3
Manufacturing2
Real Estate & Construction2
Space & Frontier Tech2
Health & Life Sciences1

Deal Size Distribution

Taaleri: 7 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Taaleri: 7 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M3
$5M-$10M0
$10M-$25M2
$25M-$50M1
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Taaleri: Europe has the largest recorded deal count among the displayed regions (7 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Taaleri: Europe has the largest recorded deal count among the displayed regions (7 deals). All available history
RegionDeals
Europe7
Taaleri: 11 co-investors are shown, with Voima Ventures sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Taaleri: 11 co-investors are shown, with Voima Ventures sharing 2 recorded deals. All available history
Co-investorShared deals
Voima Ventures2
Allianz1
Business Finland1
Finnish Climate Fund1
Finnvera1
HitecVision1
Nordic Foodtech VC1
Suomen Tavara ja Raha1
Tesi1
Valio1
Valve Ventures1

Investment Strategy

Taaleri: Led accounts for 71% and participating for 29% of round participation.All available history.
Taaleri: Led accounts for 71% and participating for 29% of round participation. All available history
CategoryDeals (count)Share (%)
Led571%
Participating229%
Taaleri: Single-lead accounts for 80% and co-led for 20% of lead dynamics.All available history.
Taaleri: Single-lead accounts for 80% and co-led for 20% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead480%
Co-led120%

Team

Tero Luoma

Investment Director, Partner