Innovestor

Innovestor is a Nordic venture capital investor and financial services company based in Helsinki, with offices in Jyväskylä, Stockholm, and Moscow. The firm specializes in providing funding and strategic insights to early-stage growth companies in various sectors, including commercial products, information technology, industrial, and cybersecurity. Innovestor Growth Fund III, launched in 2020, is focused on investing in growth opportunities across Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. For investors, Innovestor curates attractive investment opportunities in carefully selected companies, while for growth companies, it offers competitive funding terms and access to a team of experienced professionals and industry experts. Innovestor is supervised by the Finnish Financial Supervisory Authority.

Sara Kangaspeska

Investment Director

Pekka A. Viljakainen

Venture Partner

Past deals in Moscow

Navigine

Venture Round in 2017
Navigine is a provider of advanced mobile technologies that facilitate indoor navigation, marketing, and tracking solutions for various industries, including retail, transportation, and logistics. Founded in 2011 and based in Moscow, Russia, the company offers a comprehensive platform featuring several key products. These include a mobile SDK that integrates indoor navigation and analytics into applications, a software system for tracking assets and vehicles within large buildings, and a platform for online-to-offline customer attribution to enhance foot traffic monetization. Navigine's services support interactive mapping, real-time motion analysis, and location-based notifications, catering to diverse venues such as airports, shopping malls, hotels, and hospitals. With over 500 client installations globally, Navigine aims to improve user experience while enabling businesses to effectively leverage indoor positioning technology.

Alvega Technologies

Series A in 2016
Alvega Technologies, Inc. has developed a new clean and cost efficient process technology (SALT) for alkylate production for the oil refining industry. Alkylate is a key component in cleaner gasoline grades (e.g. EURO-5/6). With the tightening of emission standards (worldwide), the demand for alkylate is expected to grow substantially. Alvega Technologies, Inc. has in laboratory test verified the SALT technology (proof-of-concept). Investors are now offered to participate in the next development phase, where the company will construct a pilot plant, and prepare for commercialisation of the technology.

Navigine

Venture Round in 2016
Navigine is a provider of advanced mobile technologies that facilitate indoor navigation, marketing, and tracking solutions for various industries, including retail, transportation, and logistics. Founded in 2011 and based in Moscow, Russia, the company offers a comprehensive platform featuring several key products. These include a mobile SDK that integrates indoor navigation and analytics into applications, a software system for tracking assets and vehicles within large buildings, and a platform for online-to-offline customer attribution to enhance foot traffic monetization. Navigine's services support interactive mapping, real-time motion analysis, and location-based notifications, catering to diverse venues such as airports, shopping malls, hotels, and hospitals. With over 500 client installations globally, Navigine aims to improve user experience while enabling businesses to effectively leverage indoor positioning technology.
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