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Investments into Finnish start-ups rose 57% in 2013

February 26, 2014

The Finnish Business Angel Network (FiBAN) and Finland's Venture Capital Association (FVCA) released their collected statistical data on investments made into early stage growth companies in 2013 by private investors and venture capital companies.

According to the rapport, start-up investments reached 280MEUR last year, growing 120MEUR from 2012 which is a growth of 57%. The numbers include domestic investments (90MEUR), foreign investors who have invested in Finnish start-ups (159MEUR), investments made by Finnish business angels (11MEUR) and other sources of investments including crowdfunding and Vigos (20MEUR).

The statistics include investments to a mobile game company Supercell made in the beginning of 2013 reaching approximately to 100MEUR but even when not taking that into account, the total growth was 20MEUR or 12.5%. Especially foreign investments to Finland have increased remarkably during the past years. FiBAN also expects the growth in equity investment to continue.


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Source: M2 PressWIRE

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