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First Fellow Partners is a private investment firm founded by Risto Siilasmaa (former Nokia Chairman and F-Secure founder) and Kim Groop. Based in Helsinki, Finland, the firm invests its own founder capital in mission-driven technology entrepreneurs across Europe, with check sizes ranging from $1M to $50M.
Average disclosed round size is $18.8M (across 5 rounds with reported amounts).
Portfolio
22
Fund Size
—
Top Stage
Unknown
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
23 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Elva | Pre-Seed | — | Jan 2026 |
 FinanceKey | Seed | — | Jun 2025 |
| IIXI | Series A | $32.2M | Apr 2025 |
| FinanceKey | Seed | — | Jan 2025 |
 Quanscient | Seed | — | Nov 2024 |
 Epassi | Growth | — | Aug 2023 |
 The Upright Project | Unknown | — | Dec 2022 |
 Aito | Pre-Seed | — | May 2019 |
| MMeeshkan | Pre-Seed | — | Dec 2018 |
 Small Giant Games | Growth | $5.7M | Mar 2017 |
 Yaak | Unknown | — | — |
 LumiDB | Pre-Seed | $1.6M | — |
 CybExer Technologies | Unknown | — | — |
 Endform | Seed | — | — |
 Small Giant | Unknown | $41M | — |
| PPicosun | Unknown | $13.5M | — |
| IInclus | Unknown | — | — |
| CCybexer | Growth | — | — |
| UUpright Project | Seed | — | — |
| TTalentAdore | Unknown | — | — |
 Heltti | Seed | — | — |
| CCRACI | Pre-Seed | — | — |
 CRACI Corporation | Pre-Seed | — | — |
Top Co-Investors
Maki.vc5 shared
Wave Capital3 shared
Lifeline Ventures3 shared
EQT Ventures2 shared
Spintop Ventures2 shared
Creandum2 shared
PROfounders Capital2 shared
Planet A2 shared
Specialist VC2 shared
Karma Ventures2 shared
Tesi1 shared
Eurazeo1 shared
Heartcore Capital1 shared
firstminute capital1 shared
Illusian1 shared
byFounders1 shared
Plural Platform1 shared
FPV Ventures1 shared
Amazon Alexa Fund1 shared
Last updated: 8 September 2026