Finnish early stage venture capital firm Lifeline Ventures closed its third fund, at €57m.
Limited partners in Lifeline Ventures Fund III Ky include new institutions as well as private and family-owned investors.
Led by Partners Timo Ahopelto and Petteri Koponen, and Advisor Ilkka Paananen (Supercell), The Helsinki based firm invests in health, web, games and tech startups.
To date, it has backed approx. 50 companies exiting Applifier, Ditto, Supercell, Moves, and Nonstop Games.