Finnish Industry Investment Invests €10M in DFJ Esprit III Growth Fund

Government-owned investment company Finnish Industry Investment Ltd has made a €10m investment commitment to the new European cross stage fund, DFJ Esprit Capital III.
The new fund, which is managed by DFJ Esprit Capital, invests in promising European fast growth technology companies and the Nordic countries are expected to be a strong area of focus.
It aims to focus on companies that have a decisive technology or business model, combined with substantial potential for growth in international markets. A typical investment will be €3-10 in one or more phases. Portfolio companies operate in the technology, media, telecoms, medtech and cleantech sectors.
DFJ Esprit Capital has closed commitments of €85m from European institutional and public sector investors at first closing. The final target size of the fund is €150m.

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