LP profile · Private equity

Tesi

Tesi is a private equity headquartered in Finland (Europe). Ranked #243 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.

Type
Private equity
HQ
Finland
AUM
$2.9B
VC allocation
Power Law score
11,822
LP rank

Historical Background

  • Tesi, officially Finnish Industry Investment Ltd, is a state-owned investment company established in 1995.
  • It operates with a mandate to foster economic growth and renewal by investing in Finnish companies.

Source of Capital

  • Tesi's capital is provided by the Finnish state.

Major Events

  • A new investment strategy is set to launch in early 2025, reinforcing Tesi's position as a market-based minority investor and an instrument of state industrial policy.

Allocation Strategy

  • Tesi's investment activities span venture capital and private equity, with capital deployed into both funds and directly into companies.
  • The firm concentrates on Finnish startups and growth-stage companies, always investing as a minority shareholder alongside private co-investors.
  • While not limited to specific sectors, Tesi shows a preference for deep technology, health technology, and the clean economy, with a focus on sustainable development.
  • The company's stated goal is to attract significant international and domestic capital to support the growth of Finnish enterprises.

Sources

Solutions Ecosystems Reports Resources Data Pricing Book a demo