Business Finland Venture Capital Ltd has made a 12 million Euros commitment to NFT.VC Fund I Ky. The management company of the fund is Nordic FoodTech VC. The size of the fund is 24,5 million Euros after the first closing and its target size is 40 million Euros. Besides Business Finland Capital Ltd, the fund’s current investors are pension institutions, insurance companies and investment companies. The fund uses asymmetric profit sharing that favors private investors.
See fund manager’s press release on the topic (in Finnish): https://news.cision.com/fi/nordic-foodtech/r/pohjoismaiden-ensimmainen-ruokajarjestelmaa-uudistaviin-teknologiayrityksiin-sijoittava-rahasto-tule,c3089685
For more information on Business Finland Venture Capital Ltd please contact: Esko Raunio, email@example.com, +358 40 543 9252.