Tesi

What is Tesi?

Tesi, also known as Finnish Industry Investment Ltd, is a state-owned investment company that aims at generating global success stories by investing in Finnish startups and growth companies. With headquarters in Finland, Tesi actively supports companies that have the potential to grow into market leaders in the Nordics and beyond.

They follow a seed investment specialty, indicating a focus on early-stage funding where the capability for innovation and internationalization are crucial. Tesi typically engages with minimum investments of 5 million euros, showcasing their commitment to substantial and influential funding rounds. They operate as a venture capital (VC) firm, extending financial resources to assist companies through their growth phases.

Tesi's portfolio includes a diverse range of sectors and they have shown particular interest in advancing the digital information society, renewable energy such as solar power, and healthcare innovations, including effective cancer therapies. Alongside direct investments, Tesi also plays a role as a co-investor and engages in fund-raising processes through their KRR funds-of-funds program.

Their sustainable development agenda is evident from their responsible investment practices and sustainability reporting. Tesi makes their market data on Finnish venture capital and private equity funds, as well as startup and growth companies publicly available, supporting transparency in the investment domain. By providing growth funding, as in the case of Rester's textile recycling solutions, and facilitating acquisitions that lead to market leadership, as with their 2023 initial investments, Tesi validates their commitment to fostering innovation and business expansion.

They emphasize on creating and nurturing a collaborative environment where ventures can scale up and achieve significant milestones, aligning with their motto, 'Grow Together.'