Canelco Capital

Canelco Capital Oy is a private equity and venture capital firm established in 2009, headquartered in Kuopio, Finland, with additional offices in Helsinki and Tampere. The company specializes in investing in small and medium-sized enterprises, focusing on acquisitions and various ownership arrangements. Canelco Capital targets investments across a diverse range of sectors, including information and communication technology, biotechnology, environmental technology, life sciences, mechanical engineering, industrial products and services, healthcare, and energy. The firm primarily invests in Finland, with a particular emphasis on regions such as Kainuu, North Karelia, Northern Savonia, and Uusimaa. It typically takes minority stakes in its portfolio companies and invests between €0.084 million and €10 million in businesses with enterprise values ranging from €0.063 million to €10 million.