The Fund will invest in 15 startups that have early revenue as proof of market validation. Our strategy is to invest in business-to-business companies, which have a high-growth international opportunity and a committed team. We look for market traction and competitive advantages which enable a strong market position.
So far we have invested in 8 companies. Most of them have entered into Tekes' Young Innovative Companies (NIY) program. The fund co-invests with the NIY program and its milestones.
Size of the fund is 5 million euros and investors are primarily private individuals and Tekes Venture Capital. The maximum size of investment into a single company is 500 000 euros. The investments we have done so far have always been done as a part of syndicated rounds. The rounds have ranged between 500 000 to 2 500 000 euro.
The acceleration period focuses on actions that can make your product or service grow and internationalize faster. Our network in Finland and the Silicon Valley will work side by side with the entrepreneurs typically assisting in recruiting key personnel and raising further funding rounds.
The acceleration model is always tailored to fit the needs of your startup. We have wealth of hands-on experience in product development online marketing, customer acquisition and fund raising.