Maki.vc Unveils €100M Fund for Nordic Deep Tech Startups at Slush 2024

November 21, 2024
Maki.vc Unveils €100M Fund for Nordic Deep Tech Startups at Slush 2024
  • During the 2024 Slush event, Maki.vc launched its third fund, totaling 100 million euros, with a focus on investing in deep tech startups at the pre-seed and seed stages.

  • The fund emphasizes the Nordic region, which is recognized as a significant startup financing area due to its advanced technologies and supportive public investment landscape.

  • Pauliina Martikainen-Rahnu, a partner at Maki.vc, highlights the Nordic countries for their robust research and development capabilities and success in technology ventures.

  • Maki.vc is committed to supporting projects with environmental and social objectives, having already invested in seven startups, including Distance Technologies, QMill, and Ever Cars.

  • The firm has a track record of success, with previous funds boosting companies like Spinnova, which went public in 2021, and facilitating exits for Ultimate and Revela.

  • Maki.vc's portfolio features notable growth stories such as IQM, Onego Bio, Strise, Enfuce, and CardioSignal, showcasing a diverse range of innovative technologies.

  • The fund is backed by over 50 limited partners (LPs), including founders of prominent companies like Skype, Wise, and Supercell, who bring valuable market experience.

  • Maki.vc has built a global network of advisors, including LPs and expert partners, to provide ongoing guidance in areas like recruitment and brand development.

  • Initial investments from Maki.vc typically range from 300,000 to 3 million euros, with selective follow-up investments for portfolio startups.

Summary based on 1 source


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