Petri Kalliokoski appointed as new Chairman of the Board for Innovestor Ventures

Petri Kalliokoski

Petri Kalliokoski has been appointed as the new Chairman of the Board for Innovestor Ventures.

At Innovestor, our goal is to provide not only capital but also crucial know-how and networks to our portfolio companies to support them in building their business’. In order to achieve this, we strive to surround ourselves with the best possible people and build a solid team.

I have worked closely with Petri for the past couple of years. Taking into consideration his drive, vast experience in venture capital and active approach in developing technology driven growth companies, this is an obvious next step for us as we further develop our Nordic Source ecosystem” says Innovestor Group’s CEO Tommi Äijälä.

Petri is currently the Chairman, CEO and one of the main owners of High Metal Ltd, including MKT Food Tech, a 70 year old family company focusing on food production technologies and innovation in machinery. He is also a private investor and serves as Chairman or Board Member in several growth companies (e.g. Petri joined the Innovestor Ventures board as a member in 2018 and acts as an advisor for Innovestor Group.

“I’m very excited and motivated by this new role. It’s also great to be a part of developing Innovestor Groups operating model, which is bringing something new and needed to the growth companies and ecosystems by combining venture investments, growth programs and co-investing. All focusing on supporting the growth of our portfolio companies” states Kalliokoski.

Prior to his current positions, Petri acted as the Deputy CEO of VTT Technical Research Centre and Chairman of VTT Ventures for several years until 1/2018, including several board positions in high-tech growth companies. He was a key person in ramping-up and developing VTT Ventures investment strategy and operations, resulting in a significant portfolio of science- and research-based spin-offs.

About Innovestor:

Innovestor is a growth company venture capital investor and financial services company, with the largest private venture backed portfolio in the Nordics. Our Innovestor Ventures team manages two Venture Capital funds and we actively make direct investments into early-stage technology driven growth companies. Unlike any other of the regions venture capital investors, we operate an online Co-investment Platform, through which private investors can invest together with us into our pre-vetted target companies. To date, we have invested around 130 million euros and have roughly 500+ co-investors. Additionally, through our strategic ownership in Kasvun Roihu, we operate Finlands largest pro-bono growth sparring competition Kasvu Open and Grow to Market acceleration programs for founders and partners. We have offices in Helsinki (HQ), Jyväskylä, Stockholm and Moscow.

About Innovestor Ventures:

Innovestor Ventures is the venture capital arm of Innovestor Group. We are an active Helsinki-based early stage venture capital firm focusing on ambitious growth companies in all fields of technology in the Finland+ region. We manage one of the largest portfolios of venture backed companies in the Nordics and our mission is to be a growth catalyst combining not only the much-needed capital, but also supporting our portfolio companies with valuable contacts and know-how. We syndicate actively and have an extensive network of co-investors among other venture funds, business angels and corporate investors in Finland and abroad.