Synergi
Founders: Antti Hämmäinen, Harri Iisakka, Petrus Holm
We are a sector agnostic early-stage investor that wants to partner with founders from the very beginning of their journey and support them throughout their growth. Our team has global experience in building and scaling companies both as founders and in various CxO roles. We invest in ambitious and determined teams that can one day become industry leaders.
The Fund makes a follow-on investment of EUR 95k in Spacent. The investment is a part of the targeted round of EUR 1m.
Spacent is a Finnish proptech company specialised in enabling more effective space resource use of corporate and institutional clients. Spacent’s aim is to bring solutions for large occupiers in order to build adaptability, sustainability and efficiency in their space use. The company also works with property owners and operators in order to boost their income and customer base. Spacent is founded by real estate professionals who have wide experience in service architecture, real estate development and consultation.
CEO: Antti Tuomela
Founders: Antti Tuomela, Anssi Salonen, Eetu Ristaniemi, Jarmo Suominen
Lifeline Ventures Fund IV invests EUR 1.25M of the targeted round of 1.5M at the post-money valuation of 6.25M. The Fund’s fully-diluted ownership (incl. option programmes and angel investments) is 20.0%. The Company is building an AI-based company database which enables its users to make high quality searches, clustering and market size analyses. Inven’s first customers are M&A professionals who are using Inven’s software to identify M&A targets faster and with substantially better results. The Inven team has identified a market opportunity of approx. USD 3BN.
Inven is a SAAS company helping M&A professionals find and analyze companies faster with the help of AI.
Founders: Niilo Pirttijärvi, Tommi Kupiainen, Ekku Jokinen
Ninchat was exited in October 2022.
Ninchat is a cloud based communication service for businesses. It can be used for team communication, customer service or live group discussions. Ninchat can be embedded anywhere the end users are – e.g. on a website, mobile site, application or a social media site.
CEO: Ville Mujunen
Founders: Ville Mujunen, Jari Jaanto, Antti Laakso, Heini Björk
The acquisition of Wolt by DoorDash was closed on June 1st. The Fund has sold the first two released tranches (47%) of its Doordash shares in June and August resulting in 7,3 M€ proceeds and 3.8x multiple.
Read moreWolt is a technology company building the one app for discovering and getting great food in your city. The Helsinki-based company has operations in +20 countries and +120 cities, serving food from over 10,000 restaurants with over 20,000 courier partners. The company was founded in 2014 and employs over 2,000 people. Wolt was acquired by DoorDash in 2022.
CEO: Miki Kuusi
Founders: Elias Aalto, Juhani Mykkänen, Lauri Andler, Mika Matikainen, Miki Kuusi, Oskari Pétas