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 $22.7M (across 11 rounds with reported amounts).
Portfolio
11
Fund Size
—
Top Stage
Series B
Last 12 Mo
2
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
13 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| KKentegra Biotechnology Holdings LLC | Unknown | $15M | Sep 2026 |
 Ecofy | Series B | — | Jan 2026 |
| CCassava Technologies | Series C | $90M | Dec 2024 |
 Kasha Global | Series B | $21M | Jul 2023 |
| KKasha | Series B | $21M | Jul 2023 |
 Igloo | Series B | $46M | Nov 2022 |
| KKasha | Series A | $3.6M | Jan 2020 |
 Proteak | Unknown | $7.6M | Oct 2014 |
| FFuzu | Series A | $3.9M | — |
| HHealthifyme Pte Ltd | Series C | $30M | — |
| WWAVE MOBILE MONEY HOLDINGS INC. | Series A | — | — |
| HHewatele | Unknown | $10.5M | — |
| KKasha | Seed | $1.5M | — |
Top Co-Investors
Beyond Capital Ventures2 shared
Five35 Ventures2 shared
British International Investment2 shared
Alt Capital1 shared
GV1 shared
La Maison Partners1 shared
Cathay Innovation1 shared
India Quotient1 shared
FMO1 shared
Kepple Africa Ventures1 shared
Seedstars1 shared
Chiratae Ventures1 shared
Elm1 shared
Unilever Ventures1 shared
HealthQuad1 shared
Khosla Ventures1 shared
Blume Ventures1 shared
Inventus Capital Partners1 shared
Last updated: 8 September 2026