Finnfund

investment firm

About

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries.

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
€75M
Founded date
Jan 1, 1980
Operating Status
Active
Legal Name
Finnish Fund for Industrial Cooperation Ltd.
Investor Type
Government Office,Venture Capital

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
€75M
Finnfund has raised a total of €75M in funding over 2 rounds. Their latest funding was raised on Oct 17, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 17, 2022 Debt Financing €75M Detail

Investments

Number of Investments
Number of Lead Investments
34
21
Finnfund has made 34 investments. Their most recent investment was on Nov 28, 2022, when Igloo raised $27M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 28, 2022 Igloo
Series B $27M Artificial Intelligence
Series Unknown $3.40M Digital Media Yes
Oct 23, 2022 Vinfast
Debt Financing $135M Automotive
Debt Financing €90M Financial Services
May 23, 2022 Lona
Series Unknown Food and Beverage

Employee Profiles

Number of Employee Profiles
2
Finnfund has 2 current employee profiles, including Executive Jaakko Kangasniemi

Exits

Finnfund has had 5 exits. Finnfund most notable exits include Mobisol ,   Maarifa Education Holdings

Date Company Name Exit Type Industry
Sep 3, 2019 Mobisol M&A Energy Detail
Feb 1, 2015 Maarifa Education Holdings M&A Education Detail
Jan 1, 2015 Nafoods Group IPO Agriculture Detail
Jun 28, 2002 Incap IPO Manufacturing Detail
Nov 18, 1998 Access Bank IPO Banking Detail