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Conor Venture Partners

Europe, Southern Finland, Finland, Espoo

Description

Conor Venture Partners is a prominent early-stage venture capital firm based in Espoo, Finland, with a dedicated focus on technology companies emerging from the vibrant Nordic and Baltic regions. The firm positions itself as a crucial financial partner for nascent businesses, primarily engaging in Seed and Series A funding rounds. Their investment philosophy centers on identifying and nurturing innovative deep tech, software, and industrial solutions that demonstrate significant growth potential and often address complex challenges.

The firm's investment strategy is characterized by its commitment to providing substantial initial capital, typically ranging from €0.5 million to €3 million (approximately $540,000 to $3.24 million USD) for their first cheque. This initial commitment is designed to help startups achieve critical milestones and scale their operations. Beyond the initial investment, Conor Venture Partners is prepared to offer significant follow-on funding, potentially investing up to €8 million (approximately $8.64 million USD) over the lifetime of a portfolio company, underscoring their long-term partnership approach.

Conor Venture Partners manages total funds amounting to €140 million (approximately $151.2 million USD), which enables them to support a diverse portfolio of companies across various technology sectors. Their portfolio spans areas such as artificial intelligence, enterprise SaaS, industrial technology, health tech, and sustainable solutions, reflecting a broad yet strategic interest in transformative technologies. The firm emphasizes active support for its portfolio companies, leveraging its extensive network and operational expertise to assist founders in navigating the challenges of early-stage growth and market expansion. This hands-on approach aims to accelerate the development of their investments, fostering innovation and creating lasting value in the Nordic and Baltic tech ecosystems.

Investor Profile

Conor Venture Partners has backed more than 42 startups, with 1 new investments in the last 12 months alone. The firm has led 14 rounds, about 33% of its total and boasts 12 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Finland, United States, Denmark.
  • Strong thematic focus on Analytics, Software, Electronics.
  • Typical check size: $540K – $3.2M.

Stage Focus

  • Series A (26%)
  • Series B (24%)
  • Series Unknown (21%)
  • Seed (19%)
  • Series C (7%)
  • Private Equity (2%)

Country Focus

  • Finland (50%)
  • United States (26%)
  • Denmark (7%)
  • Sweden (5%)
  • Austria (5%)
  • United Kingdom (5%)
  • Estonia (2%)

Industry Focus

  • Analytics
  • Software
  • Electronics
  • Machine Learning
  • 3d Technology
  • Automotive
  • Product Design
  • Fintech
  • Business Intelligence
  • Market Research
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Conor Venture Partners frequently co-invest with?

Vaekstfonden
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 3
Business Finland
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 3
CF
Co-Investments: 2
Forvia
Europe, Ile-de-France, France, Nanterre
Co-Investments: 2
VTT Ventures
Europe, Southern Finland, Finland, Espoo
Co-Investments: 4
Heartcore Capital
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 7
Tesi
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 8
OpenOcean
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 4
Northzone
Europe, England, United Kingdom, London
Co-Investments: 8
Eight Roads Ventures
Europe, England, United Kingdom, London
Co-Investments: 3

Which angels does Conor Venture Partners often collaborate with?

JB
Europe, England, United Kingdom, London
Shared Deals: 1
Shared Deals: 1
BF
North America, New York, United States, New York
Shared Deals: 2
SF
North America, United States
Shared Deals: 2
SM
North America, Georgia, United States, Duluth
Shared Deals: 2
TG
North America, New York, United States, New York
Shared Deals: 2

What are some of recent deals done by Conor Venture Partners?

TactoTek

Oulu, Oulu, Finland

TactoTek develops and licenses in-mold structural electronics (IMSE) technology, enabling the creation of interactive and smart products.

3D TechnologyAutomotiveElectronicsManufacturingProduct Design
Series UnknownNov 19, 2024
Amount Raised: $60,000,000
Verto Analytics

Helsinki, Southern Finland, Finland

A consumer-centric measurement solution for monitoring consumers’ behavior on every device, app, and platform they use throughout the day.

AnalyticsBusiness IntelligenceMarket Research
Series CNov 27, 2019
Amount Raised: $16,000,000
Verto Analytics

Helsinki, Southern Finland, Finland

A consumer-centric measurement solution for monitoring consumers’ behavior on every device, app, and platform they use throughout the day.

AnalyticsBusiness IntelligenceMarket Research
Series CJul 11, 2018
Amount Raised: $13,400,000
Blackwood Seven | Part of Kantar Group

Copenhagen, Hovedstaden, Denmark

Blackwood Seven is a software company focusing on predictive analytics for businesses.

AnalyticsArtificial Intelligence (AI)Machine LearningMarketing AutomationPredictive AnalyticsSoftware
Private EquityMay 31, 2018
Amount Raised: $19,642,529
TactoTek

Oulu, Oulu, Finland

TactoTek manufactures 3D structural electronics by integrating printed circuitry and electronic components into injection-molded plastics.

3D TechnologyAutomotiveElectronicsInternet of ThingsLightingProduct Design
Series BFeb 15, 2018
Amount Raised: $14,600,000
Zervant

Espoo, Southern Finland, Finland

Zervant is a market leading pan-European provider of online invoicing solutions

BillingFinanceFinancial ServicesFinTechInternetMobile AppsPaymentsSmall and Medium BusinessesSoftware
Series BFeb 13, 2018
Amount Raised: $7,412,303
BehavioSec

San Francisco, California, United States

BehavioSec is the pioneer for behavioral biometrics and continuous authentication, protecting millions of users and billions of transactions

BiometricsFinTechFraud DetectionNetwork SecuritySecurity
Series BJan 29, 2018
Amount Raised: $17,500,000
TactoTek

Oulu, Oulu, Finland

TactoTek manufactures 3D structural electronics by integrating printed circuitry and electronic components into injection-molded plastics.

3D TechnologyAutomotiveElectronicsInternet of ThingsLightingProduct Design
Series UnknownFeb 21, 2017
Amount Raised: $9,200,000
Blackwood Seven | Part of Kantar Group

Copenhagen, Hovedstaden, Denmark

Blackwood Seven is a software company focusing on predictive analytics for businesses.

AnalyticsArtificial Intelligence (AI)Machine LearningMarketing AutomationPredictive AnalyticsSoftware
Series UnknownAug 30, 2016
Amount Raised: $15,100,000
Zervant

Espoo, Southern Finland, Finland

Zervant is a market leading pan-European provider of online invoicing solutions

BillingFinanceFinancial ServicesFinTechInternetMobile AppsPaymentsSmall and Medium BusinessesSoftware
Series AAug 16, 2016
Amount Raised: $4,510,091