TLDR
- Singapore’s Leo Capital launches €25M fund for Nordic B2B startups
- Leo Capital’s Europe Fund I targets later-stage B2B startups in the Nordic region
Singapore-based venture capital firm Leo Capital has launched its Nordic headquarters in Helsinki to support regional B2B startups, accompanied by the establishment of a €25 million fund, Europe Fund I. This fund is specifically aimed at later-stage B2B startups in the Nordic region, marking Leo Capital’s first fund focused on Europe.
Leo Capital’s expansion to Finland was influenced by their participation in the 90 Day Finn program and the supportive entrepreneurial ecosystem in the country. A significant investment in the fund has been made by Business Finland Venture Capital. The Nordic region, known for its openness and global perspective, offers an inviting environment for international funds, especially in the later-stage funding area where Leo Capital plans to make a strong impact.
Recognizing the challenge of attracting larger international investors to Finland, Leo Capital aims to bridge the gap in later-stage funding and elevate success stories in the region. With an extensive network and experience, Leo Capital’s entry into Helsinki’s ecosystem is seen as a significant step towards this goal.
Overall, Leo Capital’s Europe Fund I represents a strategic move to support ambitious B2B startups in the Nordic region and contribute to the growth and success of the local tech ecosystem.
