Greencode Ventures Holds First €40M Close of New Fund

Greencode Ventures
Greencode Ventures Team

Greencode Ventures, a Helsinki, Finland-based venture capital firm focused on accelerating the green transition through investing in digital-first startups, held the first close of the new fund, at €40M. 

Limited Partners included Business Finland Venture Capital, Nordea Life Assurance Finland, Pohjola Insurance, OP Life Assurance Company, Konstsamfundet Ventures, Kelonia, Stephen Industries, Atavus, Nidoco, Halton Ventures, Ikorni Invest, Tre Smeder, KJL Consulting and others. 

Started in 2023, Greencode Ventures is a pan-European VC firm specialising in green transition with rapidly scaling digital solutions. The firm is based in Finland, Germany and Sweden.

The founding partners are Kaisa Hietalam Terhi Vapolam and Ines Bergmann-Nolting. The founding team also consists of two entrepreneurs in the digital impact space Manuel Heckmann and Karin Henriksson, and has been strengthened by green transition professionals Patrik Fjällberg and Oskari Ojavuo. 

In this days, the firm has invested in Supercritical, a marketplace for carbon removal to support innovative digital solutions that combat climate change and promote a sustainable future.

FinSMEs

28/08/2023