Antler launches new Nordic fund with a focus also on Finland – final closing at the size of EUR 100 million
International venture capital investor Antler has closed its second Nordic-focused fund, sized at around EUR 100 million and targeting early-stage tech companies. Antler’s operating model is based on 12-week residences, where participants form teams and establish startups. The geographical area’s respective fund then invest in the most promising of these companies. Globally, Antler manages a total of 17 venture capital funds. Antler has already organized its first residences in Finland.
“The new Nordic fund by Antler has a significant focus on Finland. In addition, the manager’s operating model is unique and develops and diversifies the local startup ecosystem. As Antler also actively advances sustainability in its portfolio, we are pleased to welcome a new player in the Finnish venture capital market,” explains Enni Rautio, Interim Director of Tesi’s Fund Investments team.
“Technological development is accelerating faster than ever, opening great opportunities for early-stage Nordic startups. With AI making business development more efficient and cost-effective, startups can challenge traditional players like never before. In this dynamic landscape, Helsinki is an ideal place to start a company – for both local and international entrepreneurs. It is great to have Tesi on board,” says Jussi Kallasvuo, Partner at Antler.
In addition to Tesi, investors include SmartCap from Estonia, among others. Tesi has not invested in Antler’s previous funds.
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Additional information:
Enni Rautio, Interim Director, Fund Investments
enni.rautio@tesi.fi
+358 45 137 3653
Tesi (officially Finnish Industry Investment Ltd) is a state-owned, market-driven investment company that invests in venture capital and private equity funds and directly in Finnish startups and growth companies. tesi.fi | X (Twitter) | LinkedIn | Instagram | Bluesky | Threads | Newsletter
