30.5.2019

VTT – Fund Formation of Voima Ventures Fund II for anchor LP

Castrén & Snellman represented VTT Technical Research Centre as a cornerstone investor in the establishment and fund formation of new €50 million fund focusing on deep technology.

Voima Ventures is a truly deep tech fund launched in the spring 2019 and investing across all stages, starting from a spin-off and seed, up to series A and growth. Voima Ventures primarily invests in Finland, the Nordics and the Baltics and combines science-driven innovation together with the Nordic serial entrepreneurial experience and a global mindset.

VTT Technical Research Centre of Finland Ltd is a state-owned provider of research and innovation services and information for domestic and international customers and partners, both in the private and public sectors. VTT is part of Finland’s innovation system and operates under the mandate of the Ministry of Economic Affairs and Employment. VTT Group has three subsidiary companies.