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    Finnfund logo

    Finnfund

    Helsinki, FinlandFounded 1980
    www.finnfund.fi/enLinkedIn
    Climate & EnergyFood & AgricultureFintechInfrastructure & Cloud

    Finnfund is Finland's development finance institution and impact investor, providing long-term loans, equity, and mezzanine financing to sustainable businesses in developing countries. It focuses on sectors such as renewable energy, sustainable forestry and agriculture, financial institutions, and digital infrastructure.

    Average disclosed round size is $32.5M (across 15 rounds with reported amounts).

    Find people at Finnfund on Goldilocks AI

    Portfolio

    14

    Fund Size

    —

    Top Stage

    Unknown

    Last 12 Mo

    1

    Team

    RM

    Riikka Molander

    Associate Director

    KK

    Kelvin Kiiru

    Investment Associate

    JN

    Justin Nthala

    Investment Professional

    KZ

    Kyaw Z Latt

    Investment Manager

    PC

    Peter Chappell

    Investment Manager

    NS

    Niklas Simola

    Investments in Telecoms & Tech

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    17 investments
    CompanyRoundAmountDate
    KKentegra Biotechnology Holdings LLCUnknown$15MSep 2026
    Ecofy logoEcofySeries B—Jan 2026
    Cassava Technologies logoCassava TechnologiesSeries C$90MDec 2024
    Cassava Technologies logoCassava TechnologiesUnknown$90MJan 2024
    Kasha logoKashaSeries B$21MJul 2023
    Igloo logoIglooSeries B$46MNov 2022
    Cassava logoCassavaUnknown$90MJan 2022
    Kasha logoKashaSeries A$3.6MJan 2020
    Proteak logoProteakUnknown$7.6MOct 2014
    PPROTEAK UNO, S.A.B. DE C.V.Unknown$7.6MOct 2014
    AALTHELIA CLIMATE FUNDUnknown$60MJan 2013
    FFuzuSeries A$3.9M—
    HHealthifyme Pte LtdSeries C$30M—
    WWAVE MOBILE MONEY HOLDINGS INC.Series A——
    HHewateleUnknown$10.5M—
    Kasha logoKashaSeed$1.5M—
    Twiga logoTwigaSeries C$10.4M—

    Top Co-Investors

    U.S. International Development Finance Corporation3 shared
    International Finance Corporation3 shared
    GV2 shared
    British International Investment2 shared
    FMO2 shared
    La Maison Partners1 shared
    Openspace1 shared
    Cathay Innovation1 shared
    Founders Fund1 shared
    India Quotient1 shared
    Mirova1 shared
    Tesi1 shared
    Kepple Africa Ventures1 shared
    Seedstars1 shared
    Chiratae Ventures1 shared
    Elm1 shared
    Unilever Ventures1 shared
    HealthQuad1 shared
    Khosla Ventures1 shared
    Blume Ventures1 shared

    Last updated: 20 October 2026