Helsinki-based seed-stage venture capital firm Maki.vc has launched its third fund, totaling €100 million, to support tech startups focused on environmental and social impact across the Nordics and Northern Europe, with an emphasis on pre-seed and seed rounds.
- Founded in 2018, Maki.vc is a venture capital firm that invests in deep tech and brand-driven startups at the pre-seed and seed stages. The firm has built a portfolio of 45 startups to date, including Cherrypick, Jennis, CardioSignal, Blast, and Zevoy.
- Fund III is dedicated to investing in early-stage startups across the Nordics and Northern Europe, with a focus on scientific breakthroughs, strong intellectual property, and a deep understanding of customer needs. Offering ticket sizes from €300,000 to €3 million and a reserve for follow-on investments, the fund is designed to support startups from inception through to commercialization.
- The new fund has already invested in six startups across deep tech and consumer sectors, including:
- Distance Technologies: Pioneering the first glasses-free mixed-reality solution.
- QMill: Applying quantum computing to industrial use cases with practical, near-term impacts.
- Ever Cars: An online marketplace for buying and selling electric vehicles, founded by veterans from Stanford, Uber, Morgan Stanley, and BCG.
- Startups will gain several advantages by accessing a global network of advisors, including supported LPs, as well as expert partners who provide ongoing assistance in areas such as early-stage recruiting, branding, and securing follow-on funding.
- The new fund is supported by over 50 limited partners, including the founders of Skype, Wise, RELEX Solutions, WithSecure (formerly F-Secure), Aiven, and Supercell.
"Our investment decisions are just the beginning – together with our community of LPs, advisors, and operators, we help build startups that challenge category norms and reshape industries," Maki.vc's team, commented.
