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Finnfund

Europe, Southern Finland, Finland, Helsinki

Description

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries.

Investor Profile

Finnfund has made 50 investments, with 5 in the past 12 months and 54% as lead.

Stage Focus

  • Debt Financing (38%)
  • Series Unknown (30%)
  • Series B (8%)
  • Post Ipo Debt (4%)
  • Series C (4%)
  • Series D (4%)
  • Series A (4%)
  • Seed (4%)
  • Post Ipo Equity (2%)
  • Private Equity (2%)

Country Focus

  • Kenya (14%)
  • Nigeria (12%)
  • United States (10%)
  • South Africa (8%)
  • Finland (8%)
  • India (6%)
  • Ethiopia (6%)
  • Singapore (4%)
  • United Kingdom (4%)
  • Pakistan (4%)

Industry Focus

  • Financial Services
  • Energy
  • Renewable Energy
  • Health Care
  • Banking
  • Solar
  • Fintech
  • Agriculture
  • Finance
  • Information Technology
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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 Finnfund frequently co-invest with?

FMO
FMO
Europe, Zuid-Holland, The Netherlands, The Hague
Co-Investments: 2
Helios Investment Partners
Helios Investment Partners
Europe, England, United Kingdom, London
Co-Investments: 2
Norfund
Norfund
Europe, Oslo, Norway, Oslo
Co-Investments: 7
U.S. International Development Finance Corp
U.S. International Development Finance Corp
North America, District of Columbia, United States, Washington
Co-Investments: 3
African Infrastructure Investment Managers
African Infrastructure Investment Managers
Africa, NA - South Africa, South Africa, Cape Town
Co-Investments: 2
BlueOrchard Finance S A
BlueOrchard Finance S A
Europe, Geneve, Switzerland, Geneva
Co-Investments: 4
CDC Group
CDC Group
Europe, England, United Kingdom, London
Co-Investments: 3
Proparco
Proparco
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Oikocredit International
Oikocredit International
Europe, Utrecht, The Netherlands, Amersfoort
Co-Investments: 2
Belgian Investment Company for Developing Countries
Belgian Investment Company for Developing Countries
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 2

Which angels does Finnfund often collaborate with?

PS
Pam Scott
North America, California, United States
Shared Deals: 1
TK
Tim Koogle
North America, California, United States, Belvedere Tiburon
Shared Deals: 1

What are some of recent deals done by Finnfund?

Fibertime Group

Stellenbosch, NA - South Africa, South Africa

Fibertime Group is an information technology company.

Information TechnologyInternet
Series UnknownMar 3, 2025
Amount Raised: $2,097,111
Xac Bank

Ulaanbaatar, Ulaanbaatar, Mongolia

Xac Bank is a is a community development bank and microfinance institution that contributes to socio-economic development of the country.

BankingConsumer LendingFinanceFinancial ServicesLending
Debt FinancingJan 29, 2025
Amount Raised: $10,000,000
Cassava Technologies

London, England, United Kingdom

Cassava Technologies is an information technology company.

Information TechnologySoftware
Series UnknownDec 16, 2024
Amount Raised: $90,000,000
Beacon Power Services

Lagos, Lagos, Nigeria

Beacon Power Services is a utility company that provides energy management software and analytics for utilities.

EnergyEnergy EfficiencyEnergy ManagementSoftware
Series ANov 6, 2024
Amount Raised: $9,057,036
Access Bank

Lagos, Lagos, Nigeria

Access Bank is a financial institution that provides financial services to retail, business, commercial, and corporate customers.

BankingFinancial Services
Debt FinancingJul 16, 2024
Amount Raised: $314,722,617
AwanTunai

Jakarta, Jakarta Raya, Indonesia

AwanTunai is a fintech startup that offers access to loans and working capital to micro-retail merchants.

Financial ServicesFinTechPaymentsSupply Chain Management
Series BMar 12, 2024
Amount Raised: $27,500,000
Hewatele

Nairobi, Nairobi Area, Kenya

Hewatele is a social enterprise that provides affordable quality medical oxygen to all needy patients.

Health CareMedicalMedical Device
Series UnknownFeb 14, 2024
Amount Raised: $20,000,000
Hewatele

Nairobi, Nairobi Area, Kenya

Hewatele is a social enterprise that provides affordable quality medical oxygen to all needy patients.

Health CareMedicalMedical Device
Series UnknownOct 20, 2023
Amount Raised: $8,900,000
Ipak Yuli Bank

Tashkent, NA - Uzbekistan, Uzbekistan

Ipak Yuli Bank offers banking, investing, and other financial services to individuals, SMBs, and large corporations.

BankingDebit CardsFinancial ServicesLending
Debt FinancingSep 21, 2023
Amount Raised: $15,000,000
Kentegra Biotechnology Holdings LLC

Nairobi, Nairobi Area, Kenya

Biotechnology company specialized in the production of organic insecticide pyrethrum

AgricultureBiotechnologyFarming
Series UnknownAug 22, 2023
Amount Raised: $15,000,000
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