Startup Wise Guys, founded in 2012 and based in Tallinn, Estonia, is a prominent early-stage investor and accelerator in the Central and Eastern European (CEE) region and the Nordics. The organization has accelerated over 165 startups, primarily in B2B SaaS, fintech, and cybersecurity, achieving a startup survival and success rate exceeding 77%. Its intensive three-month accelerator program focuses on product validation, development, and sales to business customers, supported by a network of over 200 international and local mentors. The program culminates in Demo Days and major tech events where startups present their ventures to potential investors. Additionally, participants gain access to an alumni community of more than 145 startups across 40 countries and exclusive alumni events centered on business development and fundraising. Startup Wise Guys also manages dedicated funds targeting various sectors, including an Africa Fund that invests in fintech, health tech, and digital SaaS, among others.

Practica Capital UAB is a venture capital firm based in Vilnius, Lithuania, founded in 2011. It specializes in investments across various stages, including incubation, seed, early venture, and growth capital, primarily targeting technology-driven micro, small, and medium-sized enterprises. The firm invests in companies located in the Baltic region—Lithuania, Latvia, and Estonia—as well as in Nordic countries and select European markets. Practica Capital typically invests between €0.003 million and €3 million, focusing on equity and quasi-equity instruments while aiming for a minority stake in its portfolio companies. The firm actively engages with its investments by offering guidance and often taking board seats. Practica Capital seeks to exit its investments within two to five years through various means, including trade sales, IPOs, or refinancing. Currently managing €50 million across multiple funds, it has made over 50 investments and continues to be a prominent player in the Baltic venture capital landscape.

70 Ventures is a venture capital firm established in 2018 and located in Vilnius, Lithuania. The firm specializes in supporting promising B2B entrepreneurs by assisting them in building effective, data-driven sales teams that can generate predictable revenue. It focuses on investment opportunities within the B2B, software, and commercial products and services sectors. 70 Ventures provides funding across various stages of development, from pre-seed to Series A, contingent upon achieving specific revenue milestones.

The Lithuanian Business Angel Network (LitBAN), established in 2018 and based in Vilnius, Lithuania, aims to promote and enhance business angel activity in the region. It focuses on educating potential investors, facilitating connections, and organizing events to encourage collaboration and deal syndication. LitBAN seeks to create a supportive environment for angel investing, not only within Lithuania but also across Nordic countries, thereby fostering a vibrant ecosystem for startups and investors alike.

Open Circle Capital is a venture capital investment firm established in 2017 and based in Vilnius, Lithuania. The firm focuses on investing in technology companies within the fields of information and communications technology, robotics, and high-tech, primarily targeting firms in Northern Europe. Open Circle Capital prefers to partner with teams led by serial entrepreneurs who possess experience in growth, fundraising, or successful exits. The firm is particularly interested in companies that have achieved initial revenue and demonstrate high growth potential, as well as the capability to expand into international markets. Open Circle Capital's investment process begins with an initial conversation to understand the founders' ambitions, followed by a series of meetings to evaluate the opportunity, discuss terms, and conduct due diligence before formalizing the investment.

Iron Wolf Capital is a venture capital firm founded in 2018 and located in Vilnius, Lithuania. It focuses on early-stage investments in sectors such as information technology, fintech, marketplaces, the internet of things, SaaS, artificial intelligence, machine learning, and deep tech. The firm seeks to invest between EUR 0.2 million and 2.0 million and emphasizes environmental, social, and governance (ESG) criteria in its investment decisions. With a team that combines entrepreneurial and financial expertise, Iron Wolf Capital aims to support innovative individuals with global aspirations, leveraging its extensive networks and hands-on experience to address the challenges of building international businesses. The firm has a strong presence in the Baltics and London, reflecting its commitment to fostering growth in the region.

BaltCap is an independent private equity firm established in 1995, based in Tallinn, Estonia, specializing in small and midmarket buyout and expansion capital investments across the Baltic States. With a team of 16 experienced professionals and local offices in all three Baltic countries, BaltCap has managed several private equity and venture capital funds, amassing over EUR 260 million in total capital and executing more than 60 investments. The firm targets established companies with growth potential, focusing on sectors such as business and financial services, healthcare, technology, media, telecommunications, consumer goods, renewable energy, and logistics. Additionally, BaltCap manages specific funds, including an infrastructure fund aimed at energy and clean technology projects. The firm is a member of various private equity associations and has been a signatory of the United Nations Principles for Responsible Investment since 2008.

Contrarian Ventures is a venture capital firm based in Vilnius, Lithuania, with additional offices in London and Amsterdam. Established in 2017, the firm specializes in early-stage investments, predominantly in the energy sector and e-mobility. Its investment focus includes innovative areas such as smart grid technology, energy efficiency, big data and analytics, energy storage solutions, e-car infrastructure, smart homes, and renewable energy solutions. The firm aims to support the sustainable energy transition, primarily targeting companies in Europe and Israel.

Change Ventures is a venture capital firm established in 2016 and headquartered in Tallinn, Estonia. It is the first pre-seed and seed fund actively investing in all three Baltic states—Estonia, Latvia, and Lithuania—and also supports Baltic diaspora entrepreneurs globally. The firm focuses on technology startups, particularly in the B2B and SaaS sectors, making initial investments between €100,000 and €750,000, with opportunities for follow-on funding in later rounds. Change Ventures adopts a founder-friendly investment approach, aiming to expedite decision-making processes and assist entrepreneurs in achieving product-market fit, raising additional capital, and scaling their businesses, all while leveraging a strong network of investors and partners.

Superhero Capital is a venture capital firm based in Helsinki, Finland, established in 2015. It specializes in seed-stage investments, targeting startups and early-stage companies primarily in the business-to-business software sector. The firm focuses on technology-enabled companies in areas such as healthcare, financial services, and various business services. Superhero Capital aims to make investments ranging from €100,000 to €500,000, concentrating on opportunities within Finland and the Baltic region. The firm is committed to supporting insight-driven startups that demonstrate potential for growth and innovation.

StartupHighway is a Baltic startup accelerator and early seed stage fund located in Vilnius, Lithuania, established in 2011. The organization specializes in providing tailored support to innovative technology startups, emphasizing value maximization. Its acceleration program typically lasts three months but can be adjusted based on the individual needs of each participating startup. StartupHighway focuses on addressing the specific challenges faced by startups, analyzing their growth potential, and developing customized plans to foster success. Instead of general mentorship, it offers targeted guidance through meetings with elite mentors relevant to each startup's unique circumstances, thereby enhancing networking opportunities and facilitating meaningful connections in the industry.

Presto II is an early-stage venture capital fund managed by Presto Ventures, which was founded in 2016 and is based in Prague, Czech Republic. The fund focuses on investing in emerging markets within the Central and Eastern Europe region, including the Baltics, Balkans, and Ukraine. It targets promising business-to-business technology startups at the pre-seed and seed stages, providing investments of up to EUR 3 million. Presto II aims to support around 40 startups, offering not just financial backing but also resources and guidance to help these companies achieve significant growth and success in both local and global markets.

bValue Fund is a venture capital firm based in Warsaw, Poland, focused on investing in pre-seed, seed, and early-stage companies across various sectors. Established in 2016, the firm primarily targets enterprises within the CEE region, particularly in Poland and Ukraine. Its investment strategy emphasizes industries undergoing digital transformation, including hi-tech, engineering, fintech, logistics, healthcare, and e-commerce. bValue Fund typically invests between €0.25 million and €1 million in companies that demonstrate potential for growth, preferably those with recurring revenues or a minimum viable product. The firm seeks minority stakes in its portfolio companies and leverages the extensive experience and networks of its management team and investors to help businesses scale and navigate challenges. With a diversified portfolio, bValue Fund aims to support innovative solutions that have the potential to become global leaders.

Invalda INVL is an asset management company based in the Baltics, established in 1991. The company manages a diverse range of financial instruments, including pension and mutual funds, alternative investments such as private equity and private debt, and individual portfolios. With over 200,000 clients in Lithuania and Latvia, as well as international investors, Invalda INVL oversees assets exceeding 850 million euros. Its operations are divided into two main segments: investment management and investment activities. The investment management segment focuses on managing various funds and providing services like financial brokerage and land administration. The investment activity segment encompasses the group's investments in unconsolidated subsidiaries, associates, and financial assets, covering sectors such as agriculture, life insurance, facility management, real estate, and banking.

Goldfish Fund is a venture capital firm established in 2001 and based in Vilnius, Lithuania. The firm specializes in investing in early-stage startups within Frontier Markets, seeking opportunities that demonstrate strong potential for growth. Goldfish Fund focuses on a diverse array of sectors, including e-commerce, security, retail, food, restaurant chains, beauty, entertainment, robotics, travel technology, mobile applications, marketplaces, and internet technology. The firm aims to support companies with exceptional products and talented teams that aspire to develop into world-class enterprises.

SpeedInvest GmbH is a venture capital firm based in Vienna, Austria, founded in 2011. It specializes in early-stage investments, focusing on technology-related startups across Europe, particularly in sectors such as deep tech, fintech, insurtech, consumer tech, and marketplaces. The firm typically invests between €0.25 million and €3 million in pre-seed, seed, and Series A stages, while preferring to acquire minority stakes of up to 20% in its portfolio companies. SpeedInvest aims to be actively involved in the companies it invests in, often taking on operational roles for six months to one year. With additional offices in cities like San Francisco, Berlin, Paris, and London, SpeedInvest leverages a global network to support entrepreneurs in building successful businesses, thus contributing to the development of Europe’s startup ecosystem.

Lead Ventures is a venture capital firm based in Budapest, Hungary, that focuses on financing scale-ups and emerging growth companies in Central and Eastern Europe. Established in 2017, it specializes in investments across various sectors, including mobility, energy and sustainability, as well as B2B services, software, chemicals, IoT, and retail. The firm typically invests between €1 million and €10 million, targeting dynamic teams with strong growth potential and validated market solutions. With €100 million under management, Lead Ventures is backed by MOL, a leading energy company in the region, along with two financial institutions dedicated to supporting the startup ecosystem. The firm aims to empower promising ventures with not only capital but also experience and a robust professional network, fostering innovation to transform industries.

Livonia Partners is a private equity firm founded in 2013 and based in Rīga, Latvia, with additional offices in Tallinn, Estonia, and Vilnius, Lithuania. The firm focuses on buyout and growth capital investments in small to mid-sized companies, primarily in the Baltic region. It targets sectors such as manufacturing, technology, consumer products, healthcare, and financial services. Livonia Partners typically invests between €3 million and €15 million in companies with an enterprise value ranging from €10 million to €100 million, preferring majority ownership but also considering minority stakes. The firm has a strong emphasis on businesses that employ fewer than 500 people and is capable of co-investing in larger transactions of up to €70 million. With assets under management exceeding €100 million, Livonia Partners is supported by a highly experienced team with a broad range of operational expertise across various industries in the Baltic region and beyond.

FIRSTPICK is a venture capital firm established in 2022 and based in Vilnius, Lithuania, specializing in early-stage investments in technology and fintech companies within the Baltic region. The firm has invested in a diverse portfolio of 50 startups, including notable names such as kevin, Ondato, and HeavyFinance. FIRSTPICK supports startups through a pre-acceleration program that offers equity-free grants of €5,000 per individual, alongside an acceleration program that provides initial investments ranging from €50,000 to €250,000. The firm also has the capacity to invest up to €1 million in follow-on rounds. FIRSTPICK focuses on fostering a community of over 100 founders, offering them early market access, impactful partnerships, and valuable expertise to enhance their growth potential.

byFounders is a venture capital firm established in 2017, with its headquarters in Copenhagen, Denmark, and an additional office in San Francisco, California. The firm focuses on early-stage investments in startups, particularly at the pre-seed, seed, and occasionally Series A stages, with a strong emphasis on technology companies, especially those leveraging Artificial Intelligence. byFounders primarily targets the Nordics and Baltics, but also considers opportunities in Silicon Valley. The firm invests across a diverse range of sectors, including business-to-business SaaS, consumer technology, cybersecurity, deep tech, fintech, gaming, and more. The byFounders Collective, which comprises experienced entrepreneurs, supports the next generation of ambitious founders, emphasizing a commitment to fostering innovation and growth within the tech ecosystem.

Flyer One Ventures is a venture capital firm established in 2018 and based in Warsaw, Poland. The firm focuses on investing in early-stage startups across various sectors, including B2B and B2C markets. With a particular interest in companies that demonstrate high growth potential, Flyer One Ventures aims to support innovative startups by providing not only financial backing but also strategic guidance. The firm leverages its expertise in digital marketing and product development to assist portfolio companies in optimizing their operations and expanding into international markets. By focusing on startups in regions with limited access to early-stage financing, Flyer One Ventures seeks to empower entrepreneurs and help them scale their businesses to achieve global recognition.

Moneta VC is a venture capital firm established in 2014 and based in Tel Aviv, Israel. The firm focuses on investing in Data Science Technology startups, particularly in the areas of fintech, insuretech, and financial-related artificial intelligence. Moneta operates two parallel funds, Seed and Growth, to support ventures at various stages of their capital development. The firm is backed by leading financial institutions from the United States, Africa, and Asia, enhancing its capability to foster innovation and growth within its portfolio companies.

AltaIR Capital is a venture capital firm founded in 2005 and based in San Francisco, California. The firm specializes in managing funds that invest in early and growth stage startups across a variety of sectors. It focuses on companies that operate in productivity tools, future of work, software as a service, financial technology, insurance technology, artificial intelligence, and digital health. AltaIR Capital aims to support innovative companies with disruptive ideas and significant return potential, often backing key players in the startup ecosystem, including top incubator graduates and promising teams.

Fitek is a provider of financial process automation solutions and services, established in 1995 and based in Tallinn, Estonia. Operating in Estonia, Latvia, Lithuania, and Slovakia, the company specializes in optimizing and automating financial processes, including purchase invoice management, document workflow, and sales invoice solutions. Fitek serves over 1,000 customers across the Baltic states, Nordic, and Central European countries, including leading banks, telecoms, public sector institutions, and various other industries. With a workforce of more than 130 qualified professionals, Fitek's solutions enable clients to significantly reduce costs and improve efficiency, reportedly saving up to five times the resources typically allocated to financial processes.

Founded in 2020, Cats.VC is a venture capital firm based in Vilnius, Lithuania. The firm seeks to invest in software companies based in Europe.

European Investment Bank (EIB) provides lending, borrowing, and treasury services primarily in the European Union. The company offers project loans for the public and private sectors; loans to banks and other intermediaries; structured finance products; guarantees and securitization instruments for senior and subordinated debts; project bonds; equity and fund investment products such as infrastructure equity and debt funds, and environmental funds; and venture capital funds and security packages for funds. The company also offers microfinance; risk sharing finance for research, development, and innovation projects; finance and technical expertise for sustainable energy projects; infrastructure project advisory services; support for urban development projects; guarantees for transport infrastructure; and funding for public-private partnerships and small- and medium-sized enterprises. EIB serves the transportation, global loans, energy, industry, health, education, water, sewerage, infrastructure, services, telecommunications, agriculture, and fisheries sectors. European Investment Bank was founded in 1958 and is based in Luxembourg.

Avallon Sp. z o.o. is a private equity firm based in Lodz, Poland, established in 2001. It specializes in small to mid-sized management buyouts and other investment strategies, focusing on high-growth companies across various sectors, including orthopedics, rehabilitation, fast-moving consumer goods, and manufacturing. The firm typically invests between €4 million and €15 million, with the potential for transaction values to reach €30 million through debt or co-investment. Avallon prefers to acquire a majority stake, aiming for a minimum share of 30% in the companies it invests in. It targets businesses with annual sales between PLN 50 million and PLN 250 million, primarily in Central and Eastern Europe, with a strong emphasis on Poland. The firm does not engage in investments related to industries such as gambling, alcohol, tobacco, or defense and seeks to exit its investments within three to seven years. Through over 100 capital investments, Avallon collaborates closely with management teams, providing them with expertise and resources to drive growth.

They specialise in complex transactions: they have expertise in and can assist in helping businesses that are hampered by shareholder issues or facing temporary challenges. They are fast, flexible and ready to provide customized solutions tailored to the needs of a business and its current owners.

Ambient Sound Investments OÜ is a private investment firm based in Tallinn, Estonia, established in 2003 by four founding engineers of Skype. Initially created to hold a minority stake in Skype, the firm has since evolved into a family office specializing in direct and fund of fund investments. It focuses on private equity and venture capital across various stages, including incubation, seed/startup, and growth capital, while also investing in private equity and real estate funds. Ambient Sound Investments targets technology-driven companies in sectors such as information technology, software, and social media, primarily in the United States, Europe, and Asia, with a particular interest in Eastern European markets like Russia and the Nordic countries. The firm typically invests between €0.5 million and €2 million, preferring to maintain a minority stake of around 25 percent in its portfolio companies, although it may pursue a majority stake in incubators. Additionally, Ambient Sound Investments engages in co-investments and has begun investing in public equity.

ZGI Capital is a private equity and venture capital firm based in Riga, Latvia, founded in 2005. The firm specializes in investments in seed and startup stages, as well as in early to late venture and growth capital opportunities, primarily focusing on the Fintech sector. ZGI Capital aims to support entrepreneurs who lack start-up capital, managing a total of €7.4 million in assets, which, when combined with bank financing, can support investment projects totaling up to €30 million. The firm typically invests between €0.5 million and €1 million, with potential investments reaching up to €5.7 million depending on the project. ZGI Capital generally prefers equity investments and acts as a minority shareholder, holding a maximum of 49% of equity. Investment terms range from three to six years, with exits achieved through the sale of stakes to other investors. The firm focuses its investments in the Baltics and CIS countries, while deliberately avoiding sectors such as synthetic fiber manufacturing, agriculture, and logistics.

Olympic Entertainment Group AS is a prominent provider of gaming services, operating casinos primarily in the Baltic States, including Estonia, Latvia, and Lithuania, as well as in Slovakia, Italy, and Malta. The company manages a substantial network of gaming establishments, with a total of 115 casinos and 27 betting points, which together offer a diverse range of entertainment options. Founded in 1993 and headquartered in Tallinn, Estonia, Olympic Entertainment Group emphasizes customer service and innovative design to enhance the gaming experience. Additionally, the company provides software services, internet solutions, and also operates hotels and bars, contributing to a comprehensive leisure and entertainment portfolio. As of 2018, it functions as a subsidiary of Odyssey Europe AS, which oversees its strategic management and financing.

Enterprise Investors, founded in 1990 and based in Warsaw, Poland, is the oldest and one of the largest private equity firms in Central and Eastern Europe. The firm specializes in mid-market succession-driven buyout transactions and provides expansion financing to high-growth companies across various sectors, including consumer goods, retail, financial services, IT, industrial products, business process outsourcing, and healthcare. With a total capital exceeding EUR 2 billion, Enterprise Investors has raised eight funds and has invested EUR 1.7 billion in 137 companies. The firm's focus on medium-sized enterprises positions it as a key player in the region's private equity landscape.

3TS Capital Partners is a private equity and venture capital firm headquartered in Helsinki, Finland, founded in 1999. The firm specializes in providing growth capital and buyout funding to small and medium-sized businesses, with a strong emphasis on technology and related sectors, including media, communications, and technology-enabled services. It primarily focuses on investment opportunities in Central and Eastern Europe, particularly in European Union accession countries, but may also consider exceptional cases in Ukraine and Turkey. The firm typically invests between €1 million and €30 million in companies with enterprise values ranging from €1.5 million to €300 million, often seeking significant minority or majority stakes. 3TS aims to enhance the value of its portfolio companies through active partnership and strategic support, while planning to exit investments within three to five years through sales or initial public offerings. The firm has garnered over €300 million from various investors, including prominent financial institutions and corporations.

Vinted is an online marketplace focused on promoting second-hand fashion as a preferred choice for consumers. The platform allows users, primarily targeting girls and women, to buy, sell, and swap clothing, accessories, and lifestyle items through a peer-to-peer model. Its mobile-first approach includes an online chatting feature that facilitates communication between users, making the shopping experience more accessible and cost-effective. By fostering a community around second-hand goods, Vinted aims to encourage sustainable fashion practices while providing a user-friendly environment for transactions.

J12 Ventures AB is a venture capital firm established in 2019 and headquartered in Stockholm, Sweden, with additional offices in the United Kingdom and Finland. The firm focuses on pre-seed and early-stage investments, primarily in the Nordic region, including Sweden, Finland, and the Baltics. While J12 Ventures is industry agnostic, it has a preference for technology and software companies. The firm typically invests between €0.1 million and €2 million in equity, targeting innovative companies that demonstrate growth potential.

Fiedler Capital is a venture capital firm established in 2014, headquartered in Vienna, Austria, with operations in Budapest, Hungary. The firm specializes in investing in seed and early-stage startups, primarily in the healthcare, medical technology, software, mobile applications, and data analytics sectors. Fiedler Capital focuses on companies within the Central and Eastern Europe (CEE) and Baltic regions, leveraging a strong network of local partnerships to support entrepreneurial talent. The firm is dedicated to helping these startups develop world-class business models and achieve sustainable growth in international markets.

Icebreaker is an early-stage venture capital fund based in Helsinki, Finland, specializing in investments within the software sector. The fund focuses on financing unique software-driven companies at the idea, angel, and seed stages, typically investing between EUR 40,000 and EUR 350,000. As part of its operations, Icebreaker manages a community that connects hundreds of members, providing access to a network of potential team members, clients, and advisors. The fund's goal is to support the growth of innovative tech companies in Finland.

Nordic Mezzanine is a private equity firm established in 1998 and headquartered in Helsinki, Finland, with an additional office in London. The firm specializes in mezzanine financing, catering to buyouts, growth, and capital restructuring across various sectors, including B2B, B2C, manufacturing, and industrials. It manages dedicated mezzanine funds that attract significant investments from prominent institutional investors in the Nordic countries and Continental Europe, with total funds under management exceeding 480 million euros. Notable among its offerings is the Nordic Mezzanine Fund III, which closed in 2009 with commitments of EUR 240 million. The firm focuses its investments primarily in Northern and Western Europe, targeting sectors such as consumer durables and commercial products.

Basinghall Partners Ltd. is a London-based venture capital firm established in 2017, specializing in seed and early-stage investments in startups primarily located in the UK and the European Union. The firm focuses on businesses in sectors such as B2B, SaaS, digital platforms, IoT, AI, and DeepTech. Basinghall Partners aims to support companies that drive industry transformation by enhancing efficiency, increasing market share, and creating new business models within traditional industries. The firm typically invests between EUR250,000 and EUR5 million in its portfolio companies, which are involved in cross-industry solutions that span the entire value chain, including areas like supply chain management, predictive analytics, and cybersecurity. Basinghall has additional offices in Munich, Germany, and Munsbach, Luxembourg.

Fidelio Capital is a private equity firm based in Stockholm, Sweden, founded in 2010. The firm focuses on investing in small and medium-sized non-public companies in the middle market, primarily in Northern Europe. Fidelio Capital targets businesses with an enterprise value between $10 million and $150 million and annual sales ranging from EUR 10 million to EUR 200 million. It typically makes equity investments between EUR 10 million and EUR 200 million, preferring to retain a majority stake but remaining open to minority investments. The firm aims to partner with previous owners, management, and other industrial companies to foster growth and development, utilizing its own capital for investments.

212 Limited is a venture capital firm established in 2011 and based in Luxembourg City, Luxembourg. The firm specializes in start-up to late venture investments, primarily focusing on internet, communication, and technology sectors, including software, social gaming, eCommerce, mobile applications, social media, and cloud services. It targets investment opportunities in Turkey, the Central and Eastern European (CEE) region, and the Middle East and North Africa (MENA) region. 212 Limited typically invests between $0.5 million and $3 million in portfolio companies and generally prefers to acquire minority stakes. The firm is driven by a vision to cultivate a robust ecosystem in Turkey and its surrounding areas, leveraging the diverse expertise of its team members.

SEAF is a global investment firm that specializes in providing growth capital and operational support to businesses in emerging markets, particularly those underserved by traditional financial sources. Established in 1989 in Washington, D.C., as a subsidiary of the development organization CARE, SEAF focuses on investing in locally owned enterprises with significant growth potential. The firm operates in 18 countries, with a strong presence in Central and Eastern Europe, as well as fund operations in Asia and Latin America. SEAF employs a strategy of making structured debt and equity investments while actively partnering with entrepreneurs to enhance their business capabilities. Its investment approach emphasizes economic development, diversity, inclusion, and measurable impacts in local communities, targeting sectors such as tourism, education, logistics, healthcare, and technology. SEAF aims to create attractive returns for its investors while fostering sustainable growth in the regions it serves.

Kolos Ventures is a venture capital firm established in 2020 and headquartered in Vilnius, Lithuania. The firm focuses on managing investments in growth-stage information technology companies across a diverse range of sectors, including e-commerce, game development, software as a service, mobile applications, fintech, health technology, education technology, artificial intelligence, machine learning, hardware, and robotics. By targeting these industries, Kolos Ventures aims to support innovative companies that are poised for significant growth.

Inventure is a prominent early-stage venture capital firm based in Helsinki, Finland, with a focus on the Nordic and Baltic regions. Founded in 2005, Inventure specializes in investing in innovative and rapidly growing companies led by exceptional entrepreneurs across various sectors, including technology, software, and digital services. The firm typically makes initial investments ranging from 100,000 euros to 10 million euros throughout the lifecycle of a company. With a team comprising experienced entrepreneurs and industry experts, Inventure is dedicated to supporting startups in their journey to achieve global success. The firm operates not only in Helsinki but also in Stockholm and Shanghai, emphasizing its commitment to fostering growth in the startup ecosystem.

White Cloud Capital is a growth investment firm founded in 2018 and based in Luxembourg. The firm specializes in targeting investments in the healthcare and industrial services and technologies sectors. With a focus on software, healthcare services, healthcare technology systems, big data, and technology media and telecommunications, White Cloud Capital aims to support companies that demonstrate significant growth potential. The firm is committed to fostering innovation and development in its investment areas, leveraging deep industry knowledge and expertise to enhance the value of its portfolio companies. Through its strategic approach, White Cloud Capital seeks to drive advancements in healthcare and related technologies, contributing to the transformation of these critical sectors.

GRO Capital is a private equity firm based in Copenhagen, Denmark, founded in 2014. The firm specializes in providing capital and expertise to mature technology companies that have growth ambitions. GRO Capital focuses on mid-sized business-to-business software companies operating in various sectors, including telematics, Medtech, internet of things, business intelligence and analytics, and fintech. The firm aims to invest in companies with strong management, leading market positions, and high growth potential. Through active ownership, GRO Capital seeks to develop and expand the businesses in which it invests, targeting opportunities across Northern Europe.

VNT Management is a venture capital management company based in Tampere, Finland, established in 2002. The firm focuses on investment opportunities in clean technologies, renewable energy, and power generation, primarily targeting the Nordic and German-speaking markets. VNT Management provides its investors with three venture capital funds, achieving a 25% internal rate of return and ranking in the top quartile of European venture capital funds. In addition to its investment services, the company supports entrepreneurs through various offerings, including supply management, business idea development, application and product concept development, as well as technology scanning and evaluation services.

Petrus Advisers LLP is a hedge fund sponsor. The firm invests in the public equity markets. It invests in the long only equities employing fundamental analysis to make its investments. Petrus Advisers LLP was founded in 2009 and is based in London, United Kingdom.

ForeVest Capital Partners is an independent alternative investment firm based in Warsaw, Poland, established in 2016. The firm specializes in growth equity investments, targeting mid-market companies across Central and Eastern Europe. Additionally, ForeVest manages private equity investments in emerging markets and oversees portfolios of non-performing loans in these regions.

Procuritas is a private equity firm established in 1986 and headquartered in Stockholm, Sweden, with additional offices in Switzerland and the Channel Islands. The firm focuses on management buy-out and buy-in transactions, primarily targeting mid-market companies in the Nordic region, particularly in sectors such as healthcare, e-commerce, security, manufacturing, retail, transportation, and information technology. Procuritas typically invests between €5 million and €100 million in companies with enterprise values ranging from €20 million to €100 million, and it generally seeks to acquire a majority stake in firms with revenues exceeding SEK 300 million. The firm has a history of initiating and structuring buy-outs and has made 32 investments to date, with 22 fully realized. Procuritas tends to invest in portfolio companies over a five-year period, often utilizing debt in its capital structure and preferring to take a board seat in the companies it invests in.