Finland-based venture capital firm Lifeline Ventures has recently closed a €164 million fund to invest in early-stage startups.
This fund is the largest ever raised by a Finnish VC firm and will be used to invest in startups in the Nordic region. The fund will focus on early-stage investments in the technology sector, including software, hardware, and digital services. It will also invest in startups in the health, gaming, and consumer sectors. Lifeline Ventures has a long history of investing in early-stage startups, having invested in over 100 companies since its founding in 2011.
The firm has also been involved in some of the most successful exits in the Nordic region, including the sale of Smartly.io to Facebook for $400 million. The new fund will allow Lifeline Ventures to continue to invest in early-stage startups in the Nordic region. The firm will be looking to invest in companies that have the potential to become global leaders in their respective industries. The closing of this fund is a major milestone for Lifeline Ventures and the Nordic startup ecosystem. It is a sign that the region is becoming increasingly attractive to venture capital firms, and that the region is producing more and more startups with the potential to become global leaders.