First fund by Nordic Science Investments – focus on science innovations
Nordic Science Investments has closed its first fund and simultaneously launched its investment operations. The target size for the fund is EUR 60 million.
NSI is backed by a group of experts in commercializing research-based innovations (technology transfer), and it invests in the potential of innovations arising from research and science. In addition to growth financing, the company provides strategic support, networks, and assistance in building teams for early-stage spinout companies to launch their businesses.
“For us at Tesi, it is important to support the commercialization of innovations and research, especially since according to our survey published in 2023, the number of new deep technology companies is declining. Investing in specialised funds, especially in new teams, is an excellent way to address this. Nordic Science Investments now brings significant new capital and expertise to the benefit of Finnish science- and research-based startup companies with its first fund. We congratulate the entire team on their excellent work and achievement,” comments Samuel Wendelin, Investment Manager at the Fund Investments team, on Tesi’s commitment.
Read more:
- Press release by NSI, 5 March 2024 (in Finnish)
Additional information:
Samuel Wendelin, Investment Manager, Fund Investments
samuel.wendelin@tesi.fi
+358 50 512 5656
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 | Newsletter
