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It’s time to say goodbye to 2022!
This year was remarkable in many ways. Very positive for us as a company, yet the war and its far-reaching impacts shook us and the whole world.
We would like to thank you all who’s been part of our journey this year. It would not have been the same without you and your input.
Let’s take a quick look at the year’s most memorable events before heading to the Christmas celebrations with our loved ones.
We launched a new Life Science & Health Fund.
In January, we launched a new Life Science & Health fund focusing on early-stage opportunities in the Nordic and Baltic countries. The team has grown during the year, and the fund has reached its target size. There’s more news to come at the beginning of the next year.
We took action to help the people of Ukraine – as did the whole world.
The world was shaken in February by the aggression of Russia in Ukraine. We decided to take immediate action and help the victims of the war. We provided financial assistance, as well as free working space. Our hearts are with the brave Ukrainian people.
Innovestor started the cooperation with Nuori Yrittäjyys (NY) Ry.
In April 2022, we started a longer-term cooperation with Nuori Yrittäjyys Ry. We are proud to support NY’s mission to teach young people entrepreneurial and financial literacy skills. The year was filled with fantastic activities together, e.g., sparring business ideas and hosting Job Shadow day, not to mention NY’s fantastic 20-year-anniversary gala, in which we had the joy to participate.
Innovestor Real Estate
We launched a new Commercial Real Estate project, which was well received by our current and new investors. The focus is on energy efficiency, stable cash flow, and value appreciation potential. The real estate team also grew during the year.
Innovestor PALO program
In May 2022, we launched a new idea/pre-seed stage program PALO for sustainable technology teams and startups. Eight selected startups got into the program, and each received a €50k investment from us, valuable corporate contacts, guidance from top mentors, and an opportunity to pitch their idea to a large group of investors.
The program will continue even stronger next year, so stay tuned!
New investments – we welcomed 9 new portfolio companies to Innovestor!
During the past year, we made several investments and introduced new portfolio companies. The most recent additions to our portfolio are from Denmark; SynergyXR, Scratcher.io, WARD 247, Enterspeed, a few to mention.
Good news from our existing portfolio companies too, as e.g. Ruokaboksi, Fiksuruoka, Shipit.fi and Abacus Diagnostics (part of Unigen) were among Deloitte’s Fast 50 Finland ranking list.
Innovestor received a new home base, and we threw a pre-Slush housewarming party in November.
After six years, we said goodbye to Mummotunneli and moved to our new office at Annankatu 12. The new office was much awaited after the long homeworking period. We have been glad to have more face-to-face contacts, events, and teamwork during the autumn. Check out the video below from our awesome housewarming party.
So, this year is now officially wrapped! Let’s be in touch and make next year a great one. Merry Christmas and Happy New Year 2023!