# Inventure Oy: portfolio, investments and team

> Inventure Oy is a vc firm. 43 investments on record, latest Nov 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/inventure-oy (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# Inventure Oy

Last cheque observed Nov 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Seed Series A Series B

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 43 on record

Since the last cheque **4003** days **00** hrs **00** min **00** sec

Median round **$1.6M** Rounds led **0 of 43** Sole investor **12 rounds** Exits **4 from the portfolio** Mostly in **Finland, 70%**

Pitch Inventure Oy

## Inventure Oy highlights

- 01 43 rounds on record
- 02 Mostly Seed and Series A: 88% of its rounds
- 03 Sole investor in 12 rounds, median $1.3M
- 04 4 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **43 appearances**

- **2015** 7 rounds
- **Nov** **[Sólfar Studios](https://millionrounds.com/company/solfar-studios)** Seed · IS **$2.1M** With 4 others
- **Aug** **[Wirepas](https://millionrounds.com/company/wirepas)** FI **Undisclosed** Sole investor
- **Aug** **[Yoogaia](https://millionrounds.com/company/yoogaia)** Seed · FI **$3.0M** With 3 others
- **Jul** **[AdasWorks](https://millionrounds.com/company/adasworks)** Seed · DE **$2.5M** With 2 others
- **May** **[Bitbar](https://millionrounds.com/company/bitbar)** Series A · FI **Undisclosed** With 5 others
- **May** **[GLIMR](https://millionrounds.com/company/glimr)** Seed · GB **Undisclosed** With 1 other
- **Mar** **[Detectify](https://millionrounds.com/company/detectify)** Seed · SE **$1.7M** With 5 others
- **2014** 15 rounds
- **Nov** **[Wolt](https://millionrounds.com/company/wolt)** Seed · FI **$500K** With 1 other
- **Nov** **[Mindfield Games](https://millionrounds.com/company/mindfield-games)** Seed · FI **$375K** With 2 others
- **Nov** **[IroFit](https://millionrounds.com/company/irofit)** Seed · FI **$600K** With 2 others
- **Oct** **[Yoogaia](https://millionrounds.com/company/yoogaia)** Seed · FI **$630K** With 1 other
- **Sept** **[Beddit](https://millionrounds.com/company/beddit)** Seed · FI **$8.0M** With 3 others
- **Sept** **[Blueprint Genetics](https://millionrounds.com/company/blueprint-genetics)** Venture · FI **$3.9M** With 1 other
- **Aug** **[Kyynel](https://millionrounds.com/company/kyynel)** Series A · FI **$2.7M** With 1 other
- **Aug** **[Cyberlightning Ltd.](https://millionrounds.com/company/cyberlightning-ltd)** Series A · FI **$4.2M** With 1 other
- **Jun** **[Spectral Engines](https://millionrounds.com/company/spectral-engines)** Seed · FI **$1.2M** With 2 others
- **May** **[Boomlagoon](https://millionrounds.com/company/boomlagoon)** Series A · FI **$3.6M** With 4 others
- **Apr** **[CBTec Oy](https://millionrounds.com/company/cbtec-oy)** Seed · FI **$304K** Sole investor
- **Apr** **[Klevu Oy](https://millionrounds.com/company/klevu-oy)** Seed · FI **$344K** With 1 other
- **Apr** **[Lingvist](https://millionrounds.com/company/lingvist)** Seed · EE **$1.3M** With 2 others
- **Apr** **[Froont](https://millionrounds.com/company/froont)** Seed · LV **$689K** With 1 other
- **Mar** **[Mekitec](https://millionrounds.com/company/mekitec)** Venture · FI **$2.8M** With 1 other
- **2013** 3 rounds
- **Aug** **[Thinglink](https://millionrounds.com/company/thinglink)** Series A · FI **$2.0M** With 3 others
- **Aug** **[Thinglink](https://millionrounds.com/company/thinglink)** Seed · US · techcrunch.com **$2.0M** With 3 others
- **Mar** **[Canatu](https://millionrounds.com/company/canatu)** Series B · FI **$12M** With 3 others
- **2012** 5 rounds
- **Nov** **[WOT Services](https://millionrounds.com/company/wot-services)** Series A · FI · techcrunch.com **$1.3M** With 2 others
- **Nov** **[Miradore](https://millionrounds.com/company/miradore)** Series B · FI · techcrunch.com **$1.5M** With 1 other
- **Aug** **[46elks](https://millionrounds.com/company/46elks)** Seed · SE **$125K** With 1 other
- **Jul** **[Merus Power Dynamics](https://millionrounds.com/company/merus-power-dynamics)** Series A · FI **$1.3M** Sole investor
- **Jun** **[BeiZ](https://millionrounds.com/company/beiz)** Series A · CN **$756K** Sole investor
- **2011** 3 rounds
- **Nov** **[Valon Lasers](https://millionrounds.com/company/valon-lasers)** Series A · FI **$2.0M** Sole investor
- **Feb** **[Freespee](https://millionrounds.com/company/freespee)** Series A · GB **$1.5M** Sole investor
- **Feb** **[Freespee](https://millionrounds.com/company/freespee)** Seed · SE · eu.techcrunch.com **$1.5M** Sole investor
- **2010** 5 rounds
- **Sept** **[Canatu](https://millionrounds.com/company/canatu)** Series A · FI · finsmes.com **$6.4M** With 3 others
- **Aug** **[Iptune](https://millionrounds.com/company/iptune)** Series A · FI · finsmes.com **$1.7M** With 2 others
- **Jan** **[Conmio](https://millionrounds.com/company/conmio)** Series A · FI · arcticstartup.com **$2.0M** Sole investor
- **Jan** **[ScanNano](https://millionrounds.com/company/scannano)** Series A · FI · technopolisonline.com **$1.7M** Sole investor
- **Jan** **[Rightware Oy](https://millionrounds.com/company/rightware-oy)** Series A · FI · finsmes.com **$4.3M** With 1 other
- **2009** 3 rounds
- **Oct** **[Freespee](https://millionrounds.com/company/freespee)** Seed · SE · inventure.fi **$1.2M** Sole investor
- **Feb** **[Whitevector](https://millionrounds.com/company/whitevector)** Series A · FI · whitevector.com **$383K** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **4 in all**

**[Beddit](https://millionrounds.com/company/beddit)** Bought by [Apple](https://millionrounds.com/fund/apple) **Undisclosed** May 2017

**[Whitevector](https://millionrounds.com/company/whitevector)** Bought by M-Brain **Undisclosed** Jul 2013

**[Iptune](https://millionrounds.com/company/iptune)** Bought by Aito Technologies **Undisclosed** Feb 2013

**[FRWD Technologies](https://millionrounds.com/company/frwd-technologies)** Bought by [Elisa](https://millionrounds.com/fund/elisa) **Undisclosed** Jan 2007

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$1.6M** the round, not its cheque Alone, median **$1.3M**

Led 0 of 43 rounds **0%**

- **Sole investor:** 12 rounds
- **Last cheque:** Nov 2015
- **Exits:** 4 from the portfolio

Rounds by stage said on their site

- Seed *20*
- Series A *17*
- Series B *3*
- Venture *2*

Cheques by year Led Joined

2005 2015

Often in the room with

- [Inventure](https://millionrounds.com/fund/inventure) 5
- [Tekes Venture Capital](https://millionrounds.com/fund/tekes-venture-capital) 5
- [Finnish Industry Investment](https://millionrounds.com/fund/finnish-industry-investment) 3
- [Almi Invest](https://millionrounds.com/fund/almi-invest) 2
- [Eric Wahlforss](https://millionrounds.com/fund/eric-wahlforss) 2
- [Finnvera Venture Capital](https://millionrounds.com/fund/finnvera) 2

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## Who they invest alongside

The investors most often in the same rounds as Inventure Oy. A count of rooms they were both in, not a relationship either has claimed.

[**Inventure** VC firm **5** rounds together](https://millionrounds.com/fund/inventure)[**Tekes Venture Capital** VC firm **5** rounds together](https://millionrounds.com/fund/tekes-venture-capital)[**Finnish Industry Investment** Investment firm **3** rounds together](https://millionrounds.com/fund/finnish-industry-investment)[**Almi Invest** VC firm **2** rounds together](https://millionrounds.com/fund/almi-invest)[**Eric Wahlforss** VC firm **2** rounds together](https://millionrounds.com/fund/eric-wahlforss)[**Finnvera Venture Capital** Government **2** rounds together](https://millionrounds.com/fund/finnvera)[**Infosto** Investment firm **2** rounds together](https://millionrounds.com/fund/infosto)[**John Maloney** Angel **2** rounds together](https://millionrounds.com/fund/john-maloney)[**Lifeline Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/lifeline-ventures)[**Nordic Venture Partners** Private equity **2** rounds together](https://millionrounds.com/fund/nordic-venture-partners)[**Risto Siilasmaa** VC firm **2** rounds together](https://millionrounds.com/fund/risto-siilasmaa)

## Quick answers about Inventure Oy

### What does Inventure Oy invest in?

Inventure Oy invests most often at Seed and Series A (88% of the rounds on record).

### How active is Inventure Oy?

43 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2015.

### How big are Inventure Oy's cheques?

The median round it joins is $1.6M.

### Does Inventure Oy lead rounds?

Rarely, if at all: none of its 43 investments on record names it as the lead.

### Where does Inventure Oy invest?

Most of the companies it backs are in Finland (70%), Sweden (10%) and the United Kingdom (5%).

### Is Inventure Oy investing now?

No investments in the last 12 months; the latest was in Nov 2015.

### Who does Inventure Oy invest alongside?

Most often Inventure (5 rounds together), Tekes Venture Capital (5 rounds together) and Finnish Industry Investment (3 rounds together).

### What kind of investor is Inventure Oy?

Inventure Oy is a VC firm.

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