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Tesi

Tesi, officially known as Finnish Industry Investment Ltd, is a state-owned investment company based in Helsinki, Finland. It invests in venture capital and private equity funds, as well as directly in Finnish startups and growth companies, focusing on sectors like deep technology and health technology.

Website
tesi.fi
Founded
1995
Recorded stages
Seed, Growth Equity, Series A, Series B, Series C, Series D
Recorded regions
Europe, North America

Online destinations

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Official links

Pages the organization runs itself.

Overview

Tesi, officially known as Suomen Teollisuussijoitus Oy, is a Finnish state-owned venture capital company founded in 1995. Its mission is to promote economic growth and renewal in Finland by investing in promising Finnish companies. Tesi operates as a market-driven investor, focusing on both venture capital funds and direct investments in startups, scale-ups, and industrial companies. The organization aims to support companies with potential for global scalable growth, particularly in sectors such as deep technology, health technology, clean transition, and the defense industry. Tesi emphasizes strengthening domestic ownership and participates in larger growth financing rounds, acting as a minority co-investor alongside private capital.

Focus

Tesi's investment strategy is market-driven, with a goal of half of the investments being direct and half being fund investments. The organization emphasizes sectors such as deep technology, health technology, clean transition, and the defense industry, while also being open to high-potential companies outside these themes. Tesi participates in larger growth financing rounds to support Finnish companies in scaling effectively.

Support

Tesi adds value to its portfolio companies by acting as a minority co-investor, providing not only capital but also strategic support and access to a network of private investors. The organization focuses on companies with scalable growth potential, ensuring that they have the necessary resources and guidance to succeed in competitive markets.

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