# Varma Mutual Pension Insurance Company: portfolio, investments and team > Varma Mutual Pension Insurance Company is an institutional lp based in Finland. 7 investments on record, 2 in the last 12 months, latest Sept 2026. Source: https://millionrounds.com/fund/varma (Millionrounds; every figure on the page links to its filing or article) Finland · [Investor](https://millionrounds.com/investors) # Varma Mutual Pension Insurance Company Last cheque observed Sep 2026; 7 cheques on record. Email Deploying now Institutional LP Series A Series B Series C Finance Recreational Vehicles Follow Varma Mutual Pension Insurance Company and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fvarma) Deploying now **67%** of best year **2** **cheques in 12 months**, 7 on record Since the last cheque **40** days **00** hrs **00** min **00** sec Median round **$64M** Rounds led **1 of 7** Mostly in **Finland, 100%** Pitch Varma Mutual Pension Insurance Company ## Varma Mutual Pension Insurance Company highlights - 01 2 cheques in the last 12 months - 02 Mostly Series A and Series B: 50% of its rounds - 03 Led 1 rounds ## What they do > Olemme myös vastuullinen ja vakavarainen sijoittaja. From their own website - **Type:** Institutional LP - **Cheque size:** Not stated - **Sectors:** Finance Recreational Vehicles - **Based in:** Helsinki, Finland - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **7 appearances** - **2026** 2 rounds - **Sept** **[Verda](https://millionrounds.com/company/verda)** Series B · FI · ArcticStartup **$189M** With 9 others - **Jun** **[ICEYE](https://millionrounds.com/company/iceye)** Series F · FI · Promus Ventures **$521M** With 9 others - **2025** 2 rounds - **Sept** **[ReOrbit](https://millionrounds.com/company/reorbit)** Series A · FI · TechCrunch **$53M** With 6 others - **Sept** **[DataCrunch](https://millionrounds.com/company/datacrunch)** Series A · FI · TechStartups **$64M** *Led* - **2022** 1 round - **Oct** **[Canatu](https://millionrounds.com/company/canatu)** FI · Firms' own news pages **$18M** With 5 others - **2005** 2 rounds - **Sept** **[Vivoxid](https://millionrounds.com/company/vivoxid)** Venture · FI **$6.2M** With 2 others - **Apr** **[Ipsat Therapies](https://millionrounds.com/company/ipsat-therapies)** Series C · FI **$9.0M** With 3 others 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. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **5+** funds on file numbered funds in its name ## The cheque Series A Series B Series C Median round joined **$64M** the round, not its cheque Led 1 of 7 rounds **14%** - **Sole investor:** Never alone - **Last cheque:** Sept 2026 Rounds by stage said on their site - Series A *2* - Series B *1* - Series C *1* - Series F *1* - Venture *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Tesi](https://millionrounds.com/fund/tesi) 3 - [ByFounders](https://millionrounds.com/fund/byfounders) 2 - [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) 2 - [Nordea](https://millionrounds.com/fund/nordea) 2 - [Sitra](https://millionrounds.com/fund/sitra) 2 **Pitching Varma Mutual Pension Insurance Company?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Varma Mutual Pension Insurance Company. A count of rooms they were both in, not a relationship either has claimed. [**Tesi** Government **3** rounds together](https://millionrounds.com/fund/tesi)[**ByFounders** VC firm **2** rounds together](https://millionrounds.com/fund/byfounders)[**Lifeline Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/lifeline-ventures)[**Nordea** VC firm **2** rounds together](https://millionrounds.com/fund/nordea)[**Sitra** Corporate VC **2** rounds together](https://millionrounds.com/fund/sitra) ## Recently backed The latest companies Varma Mutual Pension Insurance Company put money into. [**ICEYE** $521M · Jun 2026](https://millionrounds.com/company/iceye)[**Canatu** $18M · Oct 2022](https://millionrounds.com/company/canatu) ## Quick answers about Varma Mutual Pension Insurance Company ### What does Varma Mutual Pension Insurance Company invest in? Varma Mutual Pension Insurance Company invests most often at Series A and Series B (50% of the rounds on record), in sectors such as Finance and Recreational Vehicles. ### How active is Varma Mutual Pension Insurance Company? 7 investments on record, 2 of them in the last 12 months, and it led 1. The most recent was in Sept 2026. ### What has Varma Mutual Pension Insurance Company invested in recently? Its most recent investments on record: Verda (Series B, Sept 2026), ICEYE (Series F, Jun 2026) and ReOrbit (Series A, Sept 2025). ### How big are Varma Mutual Pension Insurance Company's cheques? The median round it joins is $64M. ### Does Varma Mutual Pension Insurance Company lead rounds? Sometimes: it led 1 of its 7 investments on record (14%). ### Where does Varma Mutual Pension Insurance Company invest? Most of the companies it backs are in Finland (100%). ### Is Varma Mutual Pension Insurance Company investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### Who does Varma Mutual Pension Insurance Company invest alongside? Most often Tesi (3 rounds together), ByFounders (2 rounds together) and Lifeline Ventures (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=varma) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=varma)