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Tesi (Suomen Teollisuussijoitus)

Invests in Finnish industry and growth companies through development capital and strategic ownership-linked financing.

Finland
Key stats
Annual funding-
Programs5
Active grants5
Total grants5
About

Tesi (Suomen Teollisuussijoitus) is Finland's state-owned investment company, with ownership steering from the Ministry of Economic Affairs and Employment. It holds about EUR 3.2 billion in assets under management and deployed EUR 425 million in 2025, focusing on minority equity positions rather than grants.

Its mandate reaches technology, deep tech, clean economy, health and life sciences, indus…

Programs & grants under this funder
Tesi Direct Fund Investments (LP)

Offers Tesi Direct Fund Investments fund partner, fund partner commitments of to Finnish venture fund, growth, and small/mid-cap buyout funds.

1 grant
Tesi Direct Fund Investments (LP)
Open
- pool·Rolling submission
Tesi Growth Equity Investments

Funds Tesi Growth Equity Investments, minority equity co-investment in Finnish scaleups with revenue and proven growth.

1 grant
Tesi Growth Equity Investments
Open
- pool·Rolling submission
Tesi Industrial Investments

Funds Tesi Industrial Investments, large-scale equity financing for Finnish industrial scaleup and green infrastructure projects.

1 grant
Tesi Industrial Investments
Open
- pool·Rolling submission
KRR (Kasvurahastojen Rahasto) — Growth Fund of Funds

Offers KRR Kasvurahastojen Rahasto - Growth Fund of Funds, anchor fund partner commitments to Finnish venture fund/PE funds through Tesi's KRR fund-of-funds.

1 grant
KRR (Kasvurahastojen Rahasto) — Growth Fund of Funds
Open
- pool·Rolling submission
Tesi Venture Capital Investments

Funds Tesi Venture Capital Investments, minority equity co-investment in Finnish tech startups at Series A/B alongside private VCs.

1 grant
Tesi Venture Capital Investments
Open
- pool·Rolling submission
Parent entityMinistry of Economic Affairs and Employment of Finland
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