Finnish startup investments break new record
Statistics on private investments and venture capital investments in Finnish early stage companies in 2016 reveal growth of 42 per cent on the previous year.
The total amount invested in Finnish early stage companies in 2016 was 383 million euros. This figure includes Finnish venture capital investments (80 million euros), direct foreign investments (216 million euros), business angel investments (53 million euros) and other sources of finance, including crowdfunding (34 million euros).
Records were broken in business angel investments, crowdfunding and foreign direct investments. In total over 400 startups landed investments.
In addition to the 80 million euros invested in local companies, Finnish VCs also invested 40 million euros in foreign companies.