Sitra

What is Sitra?

Sitra, also known as the Finnish Innovation Fund, is a Corporate Venture Capital firm based in Helsinki, Southern Finland, Finland. They operate as an independent public foundation that aims to promote sustainable development, wellbeing, and innovative economy across Finland.

Sitra invests in initiatives that strengthen Finland’s competitiveness and contribute to the nation's economic growth, with a strong focus on leveraging data and artificial intelligence, democracy and polarization, and sustainability transition. They address challenges and opportunities related to the utilization of data and AI in enhancing Finnish prosperity and accelerating sustainable economic growth.

The fund actively seeks solutions for renewing democracy, enhancing participation, and preventing polarization. Committed to the sustainability transition, Sitra endeavors to create solutions that enable good life, successful business, and a sustainable public economy within the limits of the Earth's carrying capacity. They produce long-term foresight insights with societal prediction and analysis to inform and strengthen future thinking and impact on future trends.

In addition to funding, Sitra provides educational programs to improve the capacity of decision-makers and change agents to tackle important societal challenges and opportunities.

They are involved in shaping policies and encouraging public debate to foster an environment favorable for sustainable innovation. Sitra's website highlights their commitment to these initiatives and offers resources such as publications, tools, and up-to-date information on ongoing projects and events related to their fields of activity.

What they say:

We are an investment arm that also invests in other funds.

What we look for: We invest in seed and early-stage opportunities, including fintech startups.