Would Tesi be a suitable investor for your business?

We make minority investments in Finnish companies together with other investors. We share financial risk, accelerate the growth and international expansion of our portfolio companies and believe in active ownership.

Investment focus

Venture
Capital

 

 

Growth
Equity
Industrial
Investments

Venture capital

  • Suitable for companies with strong international growth potential. For example, technology companies with a scalable business models and high growth targets.
  • We foster the later stage venture capital market by participating as part of a syndicate in A-C investment rounds EUR 3–25+ million in size.
  • We base our investment decisions on a couple of factors: evidence of international growth, expertise of the syndicate and competencies of the team. Economic and societal impact is also important to us. We invest in the most promising healthtech and deeptech companies also at an earlier stage on a case-by-case basis.
  • The size of our own investment is typically EUR 2-15 million. Investments are always made together with private professional investors, mainly Finnish and international venture capital funds.
  • Our focus: ICT / industrial digitalisation, healthtech, deeptech and the circular economy.

See our venture capital portfolio

Growth equity

  • We make minority investments in SMEs on a strong growth path.
  • The capital needs of our portfolio companies vary. These can be e.g. international expansion, product and service development, investments, strengthening of the balance sheet, corporate and industry restructuring and mergers & acquisitions.
  • When evaluating an investment, we are looking for a credible growth plan, competent operational management and evidence of growing, profitable operations. Do the Board and co-investors have the expertise needed to implement the value creation plan?
  • Our target companies typically have net sales of EUR 15–300 million. The size of our investment is usually EUR 5–20 million.
  • Implementing a growth strategy usually requires long-term risk-taking as well as risk-sharing among several owners. Our co-investors are typically Finnish and international private equity companies, pension companies, industrial investors and private investors.
  • Our focus: the circular economy, digitalisation and other businesses seeking significant societal and economic impact.

See our growth equity portfolio

Industrial investments

  • We finance major industrial companies and their investments in Finland. These investments include new plants, new equipment and expansion projects. Financing packages for M&As are often created to build larger and internationally stronger corporate entities.
  • Our portfolio companies’ net sales are more than EUR 100 million and their operations are growing strongly internationally. The size of our investments is usually EUR 5-20 million.
  • After the investment, we participate in business development alongside our private co-investors, mainly via Board activities and strategy work.

See our industrial portfolio

Our approach

Sharing
risk

We make minority investments in Finnish companies together and on the same terms as other investors. We aim to maximize our societal impact and economic value in our investments.

Value creation
and active ownership

Our role in the syndicate is always adapted to the needs of the company. Together with our co-investors we also bring external professionals to the boards of our portfolio companies – always based on the company’s needs.

Part of the international
VC & PE community

We have strong networks in the international venture capital and private equity community, and good visibility into Finnish deal flow. In addition to capital, we provide business expertise and international networks to help implement our portfolio companies’ growth strategies.

Strong and
experienced investor

We are a financially strong and stable investor with a long investment horizon. The members of Tesi’s teams are experienced in investing in different industries, value creation, board work as well as advisory and consulting services.

Larger rounds
for companies' needs

Together with EIB, we channel the investments of the European Fund for Strategic Investments (EFSI) to fuel the growth of Finnish companies. A typical investment is EUR 15-30 million per company. As always, we make minority investments together with other private investors, whose share of the investment round must be at least equal to the combined share of Tesi and EFSI.

Responsibility
and impact

Companies impact our society. Together, we solve the challenges of sustainable development e.g. by investing in the circular economy. By financing innovative companies, we improve competitiveness and raise Finland to the forefront of renewed economic growth.

Want to learn more?
Contact us!
Growth & Industrial Investments