Inventure

Investment decisions are led by founding partners Timo Tirkkonen and Samuli Sirén, alongside partner Tuomas Kosonen. The partnership operates with a consensus model across its small team of fewer than 15 professionals in Helsinki. No external investment committee or parent organization influences portfolio construction.

Inventure sources primarily through the dense Nordic founder and angel network it has cultivated since 2005, spanning Finland, Sweden, and the Baltic states. The firm benefits from relationships with repeat entrepreneurs who exited companies like MySQL, Nokia divisions, and the Supercell gaming cluster. Cross-border syndication with other Nordic venture firms further expands its pipeline.

Inventure typically leads or co-leads pre-seed through Series A rounds with initial commitments between €1 million and €5 million. The firm maintains significant reserves for follow-on investments in breakout portfolio companies. Stage coverage is concentrated at the earliest institutional inflection point — where technical risk is partially resolved but commercial scale is not yet proven.

Inventure's investment focus is almost exclusively on Finland, Sweden, and the broader Baltic region. The firm's thesis relies on proximity to Nordic technical talent and the ability to conduct deep, locally informed diligence. Occasional exceptions may occur when Nordic-founded companies relocate or expand globally early in their lifecycle.

Inventure's most prominent exit is Wolt, the Helsinki-based delivery platform acquired by DoorDash in 2022 for approximately €7 billion. The firm was an early backer. Other notable exits or mature positions include Swappie, the refurbished electronics marketplace, and IQM, a quantum computing company that has attracted significant international funding.

The founding partners — Timo Tirkkonen and Samuli Sirén — remain actively involved day-to-day, with Tuomas Kosonen as a named partner added in later years. The firm has not publicly disclosed a formal succession plan. Given its small partnership and Helsinki-only footprint, transition risk is a legitimate consideration for institutional allocators evaluating long-duration commitments.

Yes. Inventure participates in syndicates that frequently include European corporate venture arms and strategic investors, particularly in deep tech and enterprise software rounds. The firm views strategic co-investors as validation partners rather than competitors, given the Nordic ecosystem's collaborative norms.