Lifeline Ventures, a Helsinki-based VC, has recently launched a 57 million euro fund for the purpose of investing in startups. Since its establishment in 2009, Lifeline Ventures has set up at least three funds. Among their investments include fifty-five early stage startups with some notable success.
Although this new fund will focus primarily on Finnish Startups, there remains an interest in global Health Tech startups. The main focus for now is Finland due to the VC’s interest and knowledge of what’s happening on a local scale. Among their investors is Finnish Industry Investment, an investment company owned by the government. Besides that, other high profile investors have also been attracted, including two of Supercell’s founders.
