Tesi Overview
Tesi is a state-owned investment company with an industrial policy mission focused on driving economic growth, renewal, and investments in Finland. It invests on market terms in venture capital and private equity funds, as well as directly in startups, scale-ups, and large industrial projects. Tesi operates as a market-driven minority investor, co-investing alongside private investors on equal terms, and aims for both profit and impact. The company has a long investment horizon, typically ranging from 3 to 8 years, and its investments under management total approximately €2.1 billion.
Is Tesi the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Tesi, along with a list of other relevant VCs, is available on Hopohopo.io.
Tesi
Investment focus
Invest in
- Baltics
- Nordics
- Western Europe 11 / 14
- Southern Europe 8 / 9
- Central Eastern Europe
- Middle East 1 / 16
Investment role
Lead and follow
Stages
Series A, Series B or later
First ticket size
€2,000,000 - €50,000,000
Contact information
Investment Analyst
Daria Andreeva
Director, Fund Investments
Matias Kaila
Investment Director
Joni Karsikas
Investment Management Specialist
Miki Kauste
VC investments
Juha Lehtola
How to approach funds like Tesi
When approaching Tesi, emphasize your startup’s potential to contribute to Finland’s economic renewal and long-term growth, especially if your business model demonstrates scalability and a clear path to measurable impact. Highlight how your venture can attract or catalyze additional private investment, as Tesi values strong syndication and co-investment opportunities. Articulate your vision for sustainable value creation and be prepared to discuss how your team can execute over a multi-year horizon, aligning with Tesi’s patient capital approach.
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