Lifeline Ventures, a Helsinki, Finland-based sector agnostic early-stage investor, closed a new €150m fund.
The firm is looking to fund early-stage companies with the potential of becoming category leaders, with first-time investments ranging from €150K to €2M.
Along with launching the new vehicle, Lifeline has launched Entrepreneur in Residence and Next-Gen Investor initiatives with the goal of growing and supporting future investors and founders in-house.
One of the first Entrenepeurs in Residence at Lifeline is Pauliina Meskanen, who is building a deep-tech climate startup and supports Lifeline Ventures’s portfolio companies in climate tech. Prior to joining Lifeline, she was an investor in two VC funds and run a climate tech consultancy helping commercialize energy innovations.
Founded by Timo Ahopelto and Petteri Koponen in 2009, the team has invested in companies like Supercell, Wolt, Oura, ICEYE, Aiven, and Applifier in the pre-seed stage. With the new fund, Lifeline continues on its path in backing future success stories and founders at a very early stage.
FinSMEs
17/05/2023