Private Equity & Venture Capital

Private Equity & Venture Capital

Companies owned by private equity investors are among Finland’s fastest growing enterprises. The private equity markets have grown steadily over the past ten years. Finland has an active buyout market, and venture capital investments in later-stage growth companies are at record levels. Many investors are excited by bringing about change, such as developing new innovations or solving global problems.

Private equity investments often seek growth through improved efficiency, scaling and through add-on acquisitions. In contrast, the value of growth investments is usually based on expertise, technology or intellectual property rights. This being the case, investors must ensure that the rights to core assets remain with the company. Private equity investing also involves regulatory issues: the establishment and operation of alternative investment funds are closely regulated, whereas the regulatory framework of many innovative businesses is still taking shape.

Our dedicated experts will provide private equity and venture capital investors, entrepreneurs and fund investors solutions for investments at any stage, acquisitions and financing arrangements, fund establishment, LP advice and key personnel incentive schemes. We know your business and understand your goals—we focus on what matters.

Latest references

We advised Readpeak in an arrangement where Finnish growth fund Voland Partners made an investment in Readpeak. Readpeak is a service platform specialising in native advertising for purchasing, designing, and targeting the distribution of advertising space. Readpeak has quickly risen to a leading position with its platform solution, which enables an easy way to target and schedule communications as part of the news feed on media sites. Readpeak is a company founded in Helsinki in 2014, which has since expanded to nine European market areas and collaborates with over a thousand publishers. Readpeak redefines content-driven advertising using advanced machine learning models, creating added value for both quality media and journalism. Voland Partners is a minority investor specialising in the development of technology companies, with a mission to work together with entrepreneurs to build successful companies responsibly, creating success stories that benefit the entire society. Readpeak is Voland Partners’ sixth investment target, into which the fund company is investing from its first growth fund of 57 million euros.
Case published 10.4.2025
We advised KoBold Metals on the Finnish legal and tax aspects related to its earn-in agreement with Aurion Resources. Under the agreement, KoBold (through its wholly owned subsidiary KoBold Exploration Finland Oy) can earn an undivided 75% interest in commodities discovered (other than any discoveries that are predominantly gold or silver), by incurring USD 12 million in exploration expenditures on or before the fifth anniversary of the date of signing the agreement. The exploration area covers approximately 35 km2 in Aurion’s 100% owned 160 km2 Risti Property in Sodankylä, Finland Following satisfaction by KoBold of the earn-in requirements, a joint venture will be established with KoBold owning 75% and Aurion 25%. KoBold Metals Company is a US-based exploration and mining company, supported by high profile investors such as Breakthrough Energy Ventures, Andreessen Horowitz, and Equinor. It combines expertise in geosciences with artificial intelligence, machine learning, and data science to improve and accelerate the exploration process in search of the critical minerals necessary for the global energy transition.
Case published 26.3.2025
We represented Ugly Duckling Ventures in the EUR 4 million seed funding round of Skyfora. The investment will support the deployment of Skyfora’s advanced weather intelligence solutions, including their state-of-the-art Telecom GNSS Meteorology solutions. Ugly Duckling Ventures led the funding round alongside LUMO Labs, and other investors included, among others, Voima Ventures and EIC Fund. Ugly Duckling Ventures is a venture capital fund based in Copenhagen, Denmark, that focuses on seed and pre-seed stage investments in Nordic ventures. Skyfora is a Finnish weather intelligence company that provides next-generation AI-powered weather forecasting and data collection solutions. Their innovative Telecom GNSS Meteorology solutions are designed for optimizing the performance of AI weather forecasts improving global climate change resilience and weather-insight across industries.
Case published 4.3.2025
We advised CapMan Buyout in the exit of Renoa Group. Renoa Group management together with Korpi Capital and other investors have acquired the group. Renoa Group is a Finnish established expert in the building technology sector specializing in detached houses in Finland and Sweden. Renoa is a major provider of turnkey domestic water & heating, sewer system and electricity network renovations, with significant operations also in Sweden. The Group reported sales of €35 million and employed c. 300 personnel across its 10 offices in Finland and 6 in Sweden. Korpi Capital is a Finnish investment company with holdings in 29 companies. 
Case published 14.1.2025