Emerald Technology Ventures – Investment in Visedo

We assisted Emerald Technology Ventures in its investment in Visedo Oy. The finance round was managed by Emerald Technology Ventures, with Ilmarinen, LähiTapiola, Suffice International, Sinituote, Finnish Industry Investment, VNT Management, Green Campus Innovations and Visedo’s employees participating in the funding. The financing round of EUR 20 million in aggregate was one of the largest in Finland in 2016. The financing round consisted of an equity investment of EUR 13.5 million and EUR 6.5 million from other sources.

Emerald Technology Ventures is a globally recognised investment firm in the areas of energy, water, agriculture, advanced materials and industrial IT. Founded in 2000, the company has raised four venture capital funds and has completed nearly 60 venture investments. From offices in Zurich, Switzerland, and Toronto, Canada, Emerald has managed assets of more than USD 660 million to date.

Founded in 2009, Visedo is a Finnish company specialising in electric powertrains and components for heavy-duty machinery, commercial vehicles and the marine industry. Visedo’s head office is located in Lappeenranta, Finland, and the company has a subsidiary in the Netherlands. Visedo has a broad, international client base, with exports to Europe and Asia representing 90 percent of its sales.