Icebreaker VC

What is Icebreaker VC?

Icebreaker VC is a venture capital fund headquartered in Finland, with a focus on early-stage and seed investments. Since their inception in 2017, they have been supporting over 100 teams from the idea phase to seed and beyond.

Icebreaker VC's investment approach is to invest up to 1.5 million euros in first tickets within Estonia, Finland, and Sweden. Their portfolio showcases a diverse range of companies in various sectors that they have helped develop.

The firm prides itself on being actively involved with partners supporting portfolio companies throughout the idea stage and subsequent growth phases. They have a team of experienced General Partners and a Partner who work closely with entrepreneurs to validate ideas and scale businesses.

Notable portfolio companies include Roadcloud, which was acquired by Goodyear; Klaus, which has received investment from Zendesk and Creandum; and eBrands, which raised a $30M Series A with notable investors such as Varma Pension Fund and Rettig Group. Other significant investments include Hoxhunt's $40M Series B round and Tesseract's $25M Series A.

Icebreaker VC also provides resources such as their Playbook vol 3 to aid startups in their growth journey.

Additionally, the firm is supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI), aimed at supporting financing for productive investments in the EU and improving access to financing.