# Tekes Venture Capital: portfolio, investments and team

> Tekes Venture Capital is a vc firm. 26 investments on record, latest Oct 2015. Portfolio, stages, co-investors and team.

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

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

# Tekes Venture Capital

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

Quiet VC firm

Seed Grant Series A

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 26 on record

Since the last cheque **4025** days **00** hrs **00** min **00** sec

Median round **$1.0M** Rounds led **0 of 26** Sole investor **7 rounds** Exits **2 from the portfolio** Mostly in **Finland, 92%**

Pitch Tekes Venture Capital

## Tekes Venture Capital highlights

- 01 26 rounds on record
- 02 Mostly Seed and Grant: 69% of its rounds
- 03 Sole investor in 7 rounds, median $133K
- 04 2 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 **26 appearances**

- **2015** 3 rounds
- **Oct** **[Fimmic](https://millionrounds.com/company/fimmic)** Seed · FI **$1.7M** With 2 others
- **Aug** **[Smarp](https://millionrounds.com/company/smarp)** Seed · FI **$1.5M** With 1 other
- **Jun** **[bttn](https://millionrounds.com/company/bttn)** Seed · FI **$3.0M** With 1 other
- **2014** 9 rounds
- **Dec** **[Stylewhile](https://millionrounds.com/company/stylewhile)** Venture · FI **$430K** With 4 others
- **Dec** **[Runteq](https://millionrounds.com/company/runteq)** Debt · FI **$131K** Sole investor
- **Nov** **[Smarp](https://millionrounds.com/company/smarp)** Grant · FI **$313K** Sole investor
- **Sept** **[Invesdor](https://millionrounds.com/company/invesdor)** Grant **$66K** Sole investor
- **Aug** **[Cyberlightning Ltd.](https://millionrounds.com/company/cyberlightning-ltd)** Series A · FI **$4.2M** With 1 other
- **Jul** **[Nosto](https://millionrounds.com/company/nosto)** Series A · FI **$5.5M** With 3 others
- **May** **[Modti](https://millionrounds.com/company/modti)** Seed · FI **$137K** With 1 other
- **Mar** **[Bonusbay](https://millionrounds.com/company/bonusbay)** Grant · FI **$1.0M** Sole investor
- **Feb** **[IroFit](https://millionrounds.com/company/irofit)** Seed · FI **$82K** With 2 others
- **2013** 8 rounds
- **Aug** **[Thinglink](https://millionrounds.com/company/thinglink)** Seed · US · techcrunch.com **$2.0M** With 3 others
- **Aug** **[Thinglink](https://millionrounds.com/company/thinglink)** Series A · FI **$2.0M** With 3 others
- **Jul** **[Wauwaa](https://millionrounds.com/company/wauwaa)** Seed · GB · arcticstartup.com **$412K** With 2 others
- **Jul** **[SportSetter](https://millionrounds.com/company/sportsetter)** Seed · FI **$133K** Sole investor
- **May** **[Surveypal](https://millionrounds.com/company/surveypal)** Seed · FI **$1.1M** Sole investor
- **Mar** **[Canatu](https://millionrounds.com/company/canatu)** Series B · FI **$12M** With 3 others
- **Jan** **[bttn](https://millionrounds.com/company/bttn)** Seed · FI **$1.0M** With 1 other
- **Jan** **[ProtoGeo](https://millionrounds.com/company/protogeo)** Seed · FI · techcrunch.com **$1.6M** With 3 others
- **2012** 3 rounds
- **Oct** **[Bonusbay](https://millionrounds.com/company/bonusbay)** Grant · FI **$81K** Sole investor
- **May** **[Runteq](https://millionrounds.com/company/runteq)** Debt · FI **$66K** With 1 other
- **Jan** **[Stylewhile](https://millionrounds.com/company/stylewhile)** Seed · FI **$300K** With 1 other
- **2011** 1 round
- **Feb** **[Applifier](https://millionrounds.com/company/applifier)** Seed · FI · fis.dowjones.com **$2.0M** With 4 others
- **2010** 2 rounds
- **Sept** **[Canatu](https://millionrounds.com/company/canatu)** Series A · FI · finsmes.com **$6.4M** With 3 others
- **Jul** **[GigsWiz](https://millionrounds.com/company/gigswiz)** Seed · FI · eu.techcrunch.com **$193K** With 1 other

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 **2 in all**

**[ProtoGeo](https://millionrounds.com/company/protogeo)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **Undisclosed** Apr 2014

**[Applifier](https://millionrounds.com/company/applifier)** Bought by Unity Technologies **Undisclosed** Mar 2014

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

## The cheque

Seed Grant Series A

Median round joined **$1.0M** the round, not its cheque Alone, median **$133K**

Led 0 of 26 rounds **0%**

- **Sole investor:** 7 rounds
- **Last cheque:** Oct 2015
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Seed *14*
- Grant *4*
- Series A *4*
- Debt *2*
- Series B *1*
- Venture *1*

Cheques by year Led Joined

2010 2015

Often in the room with

- [Inventure Oy](https://millionrounds.com/fund/inventure-oy) 5
- [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) 4
- [Eric Wahlforss](https://millionrounds.com/fund/eric-wahlforss) 2
- [Infosto](https://millionrounds.com/fund/infosto) 2
- [Jari Ovaskainen](https://millionrounds.com/fund/jari-ovaskainen) 2
- [John Maloney](https://millionrounds.com/fund/john-maloney) 2

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## Who they invest alongside

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

[**Inventure Oy** VC firm **5** rounds together](https://millionrounds.com/fund/inventure-oy)[**Lifeline Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/lifeline-ventures)[**Eric Wahlforss** VC firm **2** rounds together](https://millionrounds.com/fund/eric-wahlforss)[**Infosto** Investment firm **2** rounds together](https://millionrounds.com/fund/infosto)[**Jari Ovaskainen** Angel **2** rounds together](https://millionrounds.com/fund/jari-ovaskainen)[**John Maloney** Angel **2** rounds together](https://millionrounds.com/fund/john-maloney)[**PROfounders Capital** VC firm **2** rounds together](https://millionrounds.com/fund/profounders-capital)

## Quick answers about Tekes Venture Capital

### What does Tekes Venture Capital invest in?

Tekes Venture Capital invests most often at Seed and Grant (69% of the rounds on record).

### How active is Tekes Venture Capital?

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

### How big are Tekes Venture Capital's cheques?

The median round it joins is $1.0M.

### Does Tekes Venture Capital lead rounds?

Rarely, if at all: none of its 26 investments on record names it as the lead.

### Where does Tekes Venture Capital invest?

Most of the companies it backs are in Finland (92%).

### Is Tekes Venture Capital investing now?

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

### Who does Tekes Venture Capital invest alongside?

Most often Inventure Oy (5 rounds together), Lifeline Ventures (4 rounds together) and Eric Wahlforss (2 rounds together).

### What kind of investor is Tekes Venture Capital?

Tekes Venture Capital is a VC firm.

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