Participated · Series F · Jun 2026

ICEYE owns and operates a large synthetic aperture radar (SAR) satellite constellation designed to deliver persistent monitoring and change detection anywhere on Earth. Its customers include organisations in defence and intelligence, environmental monitoring, insurance, and emergency management. The company says its capabilities enable fast decision-making and contribute to safety and sovereign intelligence needs. Founded and headquartered in Finland, ICEYE operates globally with over 1,000 employees across multiple countries, including Poland, Spain, the UK, Australia, Japan, the UAE, Greece, and the US. Financially, ICEYE reported scaling revenue, profitability, and cash generation in 2025 and has secured a €300 million 3-year committed revolving credit facility to support growth and provide liquidity; the article also states the company has previously raised over $760 (amount as reported).

Participated · Equity · Apr 2026

Verda (formerly DataCrunch) builds vertically integrated AI cloud infrastructure that manages physical servers, data centres, and application-layer tools to provide on-demand, high-performance compute. Founded in 2020 and based in Helsinki, the company's Finnish data centres run on 100% renewable energy and leverage Nordic cooling and power advantages. Verda operates a dedicated AI Lab that works directly with customers to inform product decisions and is a NVIDIA Preferred Partner. The company reports being cash-flow positive and said its revenue run rate more than doubled to over $60 million in Q1 2026. It serves enterprise customers including Nokia, 1X, ExpressVPN, and Freepik. Verda plans to use new funding to accelerate product development, hire 100+ staff, and expand into the UK and US.

Participated · Series A · Sep 2025

ReOrbit develops the OrbitCloud private satellite network that links drones and handheld devices directly to satellites using 3GPP Non-Terrestrial Network standards while performing AI inference on board. The company’s architecture uses processors and fast intersatellite links to share tasks for reliability, aiming to deliver processed intelligence directly to devices without routing data via ground stations. ReOrbit targets military and industrial users that require communications independent of terrestrial infrastructure. Founded in 2019 and based in Helsinki, the company has about 80–90 employees and plans to expand to 200–250 staff by the end of 2026. In March 2026 ReOrbit signed a €150 million asset-financing deal with SLI for two GEO satellites, with first delivery slated for 2029. The firm is pursuing a larger programme expected to exceed €40 million and has set a goal of achieving €1 billion in sales within four years.

Participated · Series B · Sep 2025

IQM Quantum Computers is a Finland-based developer of quantum computing technology. The company is preparing for public listings on Nasdaq and the Helsinki Stock Exchange. Ahead of those listings, IQM secured $146 million in PIPE financing tied to a SPAC combination with Real Asset Acquisition Corp., including a new commitment from Ilmarinen. IQM plans to use the funds to advance its technology and scale commercial operations. The financing strengthens the company’s near-term financial position as it moves toward becoming a public company.

Led · Equity · Mar 2025

eBrands provides an export platform that streamlines supply chain, sales, finance and compliance to enable consumer brands to enter global marketplaces and retailers. Its infrastructure connects brands to major channels such as Amazon, Walmart and Target without requiring local infrastructure. Since launching in 2020 the company has helped dozens of consumer brands, including Mysoda, Coach Soak and Bodyotics, expand internationally. Led by CEO Robin Bade, eBrands offers a proprietary AI-powered tool called Apollo to support market and channel expansion. The company intends to use the new funding to continue development of Apollo to enable expansion into 60 markets and sales channels. The article reports the round brought the company’s total capital raised to €50M. eBrands, founded in 2020, buys established Nordic e-commerce brands and scales them onto international marketplaces. The company focuses its acquisitions on sustainability, wellness, sports and lifestyle categories and emphasizes Nordic values such as minimalism, functionality and natural materials. eBrands positions itself as an accelerator of Nordic innovation, offering entrepreneurs a model to grow their businesses through its online sales expertise. Management has prioritized sustainability actions across its portfolio and encourages marketplace sellers to implement sustainability measures. One portfolio brand, MioEco, manufactures its products purely by solar power, illustrating the company’s sustainability emphasis. The recent financing is intended to develop the current portfolio and to acquire additional Northern European businesses for global expansion and rapid growth.