TLDR:
- Singapore-based venture capital firm Leo Capital launches €25 million fund for Nordic B2B startups in Helsinki
- Helsinki intensifies efforts to attract international investors and entrepreneurs, with initiatives like “Founders to Finland” and “Venture Nordics”
Helsinki’s startup ecosystem received a boost with the announcement of Singapore-based Leo Capital launching its Nordic headquarters in the Finnish capital. The venture capital firm, known for managing funds in the Asia Pacific region, cited similarities between Finland and Singapore as a key reason for the expansion. The move aligns with Helsinki’s efforts to attract global investors and entrepreneurs, with initiatives like the “Founders to Finland” and “Venture Nordics” programs, coinciding with the Slush 2024 event.
Johanna Huurre, business director at Helsinki Partners, highlighted the significance of attracting larger international funds to elevate Finland’s success stories. With a focus on deep tech and climate change solutions, Helsinki aims to position itself as a hub for innovation and sustainable business. The entry of Leo Capital into Helsinki’s ecosystem is seen as a step towards bridging the gap between local startups and global investment opportunities.
Rahul Ranjani, partner at Manerama Capital, emphasized the cutting-edge tech landscape in Finland that offers investment opportunities in various sectors. As Helsinki continues to cultivate interest in the Nordic startup scene, initiatives like these are expected to play a vital role in positioning the city as a global destination for entrepreneurs and investors.
