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Tesi

Porkkalankatu 1, Helsinki, Uusimaa, 00180, Finland

Overview

Government-owned investment company supporting Finnish business growth.

Founded

1995

Deals · 12mo

13

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B

Geographic focus

Finland
United States

Sector focus

Digital Media
Fashion
Finance
Hardware
...

Investment portfolio

96rounds
NAMEDATESIZE
Kasvu Therapeutics
Sep 2026Participated
$34 MSeries A
Verda (DataCrunch)
Sep 2026Participated
$189 MSeries B
Steady Energy
Sep 2026Participated
$127 MOther Equity
ICEYE
Jun 2026Participated
$520 MSeries F
Verda (DataCrunch)
Apr 2026Participated
$117 MOther Equity
Kelluu
Apr 2026Participated
$18 MSeries A
Capalo AI
Feb 2026Participated
$13 MSeries A
Vexlum
Feb 2026Participated
$12 MSeed
Avenue Biosciences
Jan 2026Led
$6 MSeed
Ren-Gas
Dec 2025Participated
$19 MOther Equity
ICEYE
Dec 2025Participated
$175 MSeries E
IQM Quantum Computers
Dec 2025Participated
$46 MOther Equity
Kasvu Therapeutics
Sep 2026Participated
$34 MSeries A
Verda (DataCrunch)
Sep 2026Participated
$189 MSeries B
Steady Energy
Sep 2026Participated
$127 MOther Equity
ICEYE
Jun 2026Participated
$520 MSeries F
Verda (DataCrunch)
Apr 2026Participated
$117 MOther Equity
Kelluu
Apr 2026Participated
$18 MSeries A
Capalo AI
Feb 2026Participated
$13 MSeries A
Vexlum
Feb 2026Participated
$12 MSeed
Avenue Biosciences
Jan 2026Led
$6 MSeed
Ren-Gas
Dec 2025Participated
$19 MOther Equity
ICEYE
Dec 2025Participated
$175 MSeries E
IQM Quantum Computers
Dec 2025Participated
$46 MOther Equity
96
Items
...
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Insights

Time horizon

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Deal Distribution

Tesi: 96 funding rounds are recorded in the selected participation categories.All available history.
Tesi: 96 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed210
Series A512
Series B412
Series C+09
Other Equity1032

Monthly Deal Activity

Tesi: 96 deals are recorded across 227 months.All available history.
Tesi: 96 deals are recorded across 227 months. All available history
MonthDeals
Dec '071
Jan '080
Feb '080
Mar '080
Apr '080
May '080
Jun '080
Jul '080
Aug '080
Sep '080
Oct '080
Nov '080
Dec '080
Jan '090
Feb '090
Mar '090
Apr '090
May '090
Jun '090
Jul '090
Aug '090
Sep '090
Oct '090
Nov '090
Dec '090
Jan '100
Feb '101
Mar '100
Apr '100
May '100
Jun '100
Jul '100
Aug '101
Sep '100
Oct '100
Nov '101
Dec '100
Jan '112
Feb '110
Mar '110
Apr '110
May '112
Jun '111
Jul '110
Aug '111
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '121
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '121
Dec '120
Jan '130
Feb '131
Mar '130
Apr '132
May '131
Jun '130
Jul '130
Aug '130
Sep '130
Oct '131
Nov '131
Dec '130
Jan '140
Feb '140
Mar '141
Apr '140
May '140
Jun '140
Jul '140
Aug '141
Sep '140
Oct '140
Nov '141
Dec '140
Jan '150
Feb '151
Mar '150
Apr '150
May '150
Jun '151
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '161
Mar '161
Apr '160
May '161
Jun '161
Jul '160
Aug '160
Sep '160
Oct '160
Nov '161
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '171
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '182
Mar '181
Apr '181
May '181
Jun '180
Jul '182
Aug '180
Sep '181
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '191
Jun '191
Jul '192
Aug '190
Sep '190
Oct '190
Nov '190
Dec '191
Jan '202
Feb '200
Mar '200
Apr '200
May '200
Jun '201
Jul '200
Aug '201
Sep '200
Oct '200
Nov '202
Dec '200
Jan '211
Feb '210
Mar '210
Apr '212
May '210
Jun '211
Jul '210
Aug '210
Sep '212
Oct '210
Nov '212
Dec '210
Jan '221
Feb '222
Mar '220
Apr '221
May '220
Jun '221
Jul '221
Aug '221
Sep '221
Oct '220
Nov '221
Dec '221
Jan '231
Feb '231
Mar '231
Apr '233
May '230
Jun '231
Jul '230
Aug '230
Sep '231
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '240
Apr '242
May '240
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '251
May '252
Jun '250
Jul '250
Aug '250
Sep '252
Oct '250
Nov '251
Dec '253
Jan '261
Feb '262
Mar '260
Apr '262
May '260
Jun '261
Jul '260
Aug '260
Sep '263
Oct '260

Sector Breakdown

Tesi: Hardware & Robotics is the largest displayed sector by deal count (24 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.

Tesi: Hardware & Robotics is the largest displayed sector by deal count (24 deals). All available history
SectorDeals
Hardware & Robotics24
Networks, Cloud & Communication23
Health & Life Sciences22
Enterprise Software21
Space & Frontier Tech17
Manufacturing16
Clean Energy & Sustainability12
Consumer & Lifestyle12
Data, Analytics & IT9
Marketing & Advertising9
E-Commerce & Retail8
Transportation & Logistics8
Professional Services7
AI & Machine Learning6
Education & Workforce4
AR/VR4
Real Estate & Construction4
Media & Entertainment4
Food & Agriculture3
Social & Community Platforms3
Travel & Hospitality2
Cybersecurity & Privacy1
Fintech1
Developer Tools1

Deal Size Distribution

Tesi: 96 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.

Tesi: 96 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M20
$5M-$10M13
$10M-$25M35
$25M-$50M15
$50M-$100M3
$100M-$250M8
$250M-$500M1
$500M-$1B1
$1B+0

Deals By Geography

Tesi: Europe has the largest recorded deal count among the displayed regions (83 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Tesi: Europe has the largest recorded deal count among the displayed regions (83 deals). All available history
RegionDeals
Europe83
United States10
001002
Israel1
Tesi: 20 co-investors are shown, with Lifeline Ventures sharing 15 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.

Tesi: 20 co-investors are shown, with Lifeline Ventures sharing 15 recorded deals. All available history
Co-investorShared deals
Lifeline Ventures15
Inventure14
OpenOcean11
Varma8
Ilmarinen7
Maki.vc6
byFounders5
Conor Venture Partners5
European Investment Bank4
Matadero QED4
MIG Fonds4
Molten Ventures4
Vito Ventures4
EIC Fund3
EQT Ventures3
Innovestor3
Reaktor Ventures3
Stephen Industries3
Atomico2
Bayern Kapital2

Investment Strategy

Tesi: Led accounts for 22% and participating for 78% of round participation.All available history.
Tesi: Led accounts for 22% and participating for 78% of round participation. All available history
CategoryDeals (count)Share (%)
Led2122%
Participating7578%
Tesi: Single-lead accounts for 10% and co-led for 90% of lead dynamics.All available history.
Tesi: Single-lead accounts for 10% and co-led for 90% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead210%
Co-led1990%

Team

George Ferguson

Owner & Founder

Heli Ahlroos

Director, Venture Capital Investments

Jan Sasse

CEO

Jan-Patrick Haikkola
Joni Karsikas

Investment Director

Juha Lehtola
Juha Marjosola

CEO and President

Jussi Sainiemi

Investment Director

Juuso Puolanne

Investment Director

Martin Backman

President and CEO

Miia Kaye
Riitta Jaaskelainen

Investment Director

Samppa Sirviö