Varma Mutual Pension Insurance Company is Finland's largest private-sector pension insurer, managing statutory earnings-related pension cover for over 900,000 people. It invests pension assets across fixed income, equities, real estate, and hedge funds, and also makes direct investments in unlisted Finnish growth companies in areas such as space technology, AI cloud services, battery technology, and quantum computing.
They made 3 investments in the last 12 months. Average disclosed round size is $113.2M (across 4 rounds with reported amounts).
Portfolio
5
Fund Size
—
Top Stage
Series C
Last 12 Mo
3
Team
Markus Aho
Deputy CEO, Chief Investment Officer
Hanna Kaskela
Senior Vice-President, Sustainability and Communications
Kaisu Viitasalo
Head of Legal Affairs
Suvi Hintsanen-Kärpijoki
Senior Vice-President, Customer Relations
Tarja Syvälä
Senior Vice-President, Pension and Insurance Services
Portfolio Breakdown
Stage Distribution
Sector Distribution
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| DDataCrunch | Series C | — | Sep 2025 |
| IIQM Finland | Series B | $50M | Sep 2025 |
| IIQM Quantum Computers | Unknown | $320M | Sep 2025 |
| RReOrbit Oy | Series A | $53M | Jan 2025 |
 eBrands | Growth | $30M | — |
Top Co-Investors
Last updated: 19 September 2026