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The Venture Codex

Overview

Venture capital firm developing high-tech companies from VTT technology.

Founded

2010

Deals · 12mo

0

Stage focus

Seed

Geographic focus

Finland

Sector focus

—

Investment portfolio

9rounds
NAMEDATESIZE
Flow Computing
Jun 2024Participated
$4 MSeed
Steady Energy
Jun 2023Led
$2 MSeed
Dispelix
Nov 2021Participated
$33 MSeries B
Kuva Space
Oct 2021Participated
$5 MSeed
Minima Processor
Jun 2017Participated
$6 MSeed
FocalSpec
Mar 2017Participated
$4 MOther Equity
BioMensio
Nov 2016Participated
$3 MOther Equity
Grainsense
Feb 2016Participated
$2 MOther Equity
Asqella
Apr 2015Led
$2 MOther Equity
Flow Computing
Jun 2024Participated
$4 MSeed
Steady Energy
Jun 2023Led
$2 MSeed
Dispelix
Nov 2021Participated
$33 MSeries B
Kuva Space
Oct 2021Participated
$5 MSeed
Minima Processor
Jun 2017Participated
$6 MSeed
FocalSpec
Mar 2017Participated
$4 MOther Equity
BioMensio
Nov 2016Participated
$3 MOther Equity
Grainsense
Feb 2016Participated
$2 MOther Equity
Asqella
Apr 2015Led
$2 MOther Equity
9
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Insights

Time horizon

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Deal Distribution

VTT Ventures: 9 funding rounds are recorded in the selected participation categories.All available history.
VTT Ventures: 9 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed13
Series B01
Other Equity13

Monthly Deal Activity

VTT Ventures: 9 deals are recorded across 139 months.All available history.
VTT Ventures: 9 deals are recorded across 139 months. All available history
MonthDeals
Apr '151
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '161
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '161
Dec '160
Jan '170
Feb '170
Mar '171
Apr '170
May '170
Jun '171
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '211
Nov '211
Dec '210
Jan '220
Feb '220
Mar '220
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 '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '241
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 '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

VTT Ventures: Hardware & Robotics is the largest displayed sector by deal count (5 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.

VTT Ventures: Hardware & Robotics is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Hardware & Robotics5
Manufacturing3
Clean Energy & Sustainability3
Space & Frontier Tech3
Enterprise Software2
AI & Machine Learning2
AR/VR2
Consumer & Lifestyle1
Media & Entertainment1
Health & Life Sciences1
Food & Agriculture1
Professional Services1
Data, Analytics & IT1

Deal Size Distribution

VTT Ventures: 9 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.

VTT Ventures: 9 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M7
$5M-$10M1
$10M-$25M0
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

VTT Ventures: Europe has the largest recorded deal count among the displayed regions (9 deals).All available history.

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

VTT Ventures: Europe has the largest recorded deal count among the displayed regions (9 deals). All available history
RegionDeals
Europe9
VTT Ventures: 20 co-investors are shown, with Lifeline Ventures sharing 3 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.

Investment Strategy

VTT Ventures: Led accounts for 22% and participating for 78% of round participation.All available history.
VTT Ventures: Led accounts for 22% and participating for 78% of round participation. All available history
CategoryDeals (count)Share (%)
Led222%
Participating778%
VTT Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
VTT Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led2100%

Team

Mikko Kumpulainen

Vice President, Investments