INVESTOR / DATA TO 30 SEPTEMBER 2026
Tesi
9 venture rounds in the first 9 months of 2026, at 9 companies in 1 country.
Tesi is an investor headquartered in Finland.
Every venture round since January 2024 in which public sources name Tesi as an investor, in every country our funding reports cover, and the rounds we have seen elsewhere. It is built from the same record as our quarterly funding reports, and updated with them.
At a glance
SHOW DATA
| Row | Pre-seed | Seed | Series A | Growth | Total |
|---|---|---|---|---|---|
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 9M 2026 | 0 | 2 | 5 | 2 | 9 |
9M 2026 runs to 30 September 2026.
| Investor | Rounds together |
|---|---|
| Lifeline Ventures | 3 |
| Inventure | 2 |
| Varma | 2 |
Investors in two or more of the same rounds.
Countries and sectors
A company counts where it is headquartered, or where it started if it later moved abroad.
| Country | Rounds | Share |
|---|---|---|
| Finland | 9 | 100% |
SHOW DATA
| Row | 2024 | 2025 | 9M 2026 |
|---|---|---|---|
| AI | 0 | 0 | 3 |
| Health and bio | 0 | 0 | 3 |
| Energy and climate | 0 | 0 | 2 |
| Defence and security | 0 | 0 | 2 |
| Enterprise software | 0 | 0 | 1 |
| Mobility and logistics | 0 | 0 | 1 |
| Other | 0 | 0 | 1 |
A company can sit in several sectors, so sector counts overlap. Other: no sector on record.
Every round on record
Newest first. Tesi led 1 of them. Each company links to the announcement of the round.
| Company | Country | Month | Stage | Round size | Led | Co-investors |
|---|---|---|---|---|---|---|
| Kasvu Therapeutics | Finland | Sep 2026 | Series A | €30m | Hadean Ventures, Innovestor Life Science Fund | |
| Verda | Finland | Sep 2026 | Growth | €172m | Emergence Capital, MUFG Innovation Partners, Supermicro, Varma, Lifeline Ventures, 6 Degrees Capital, byFounders, Ola Tørudbakken, Mark Saroufim | |
| CurifyLabs | Finland | Jul 2026 | Series A | €12m | Sandwater, HealthCap, Lifeline Ventures | |
| Cactos | Finland | Jun 2026 | Series A | €13m | Union Square Ventures, JTel, Rando Ventures, Hyundai Motor Group, Silence VC, FJ Labs | |
| ICEYE | Finland | Jun 2026 | Growth | €450m | General Atlantic, Solidium, Varma, Ilmarinen, Lifeline Ventures, Nokia, Qatar Investment Authority, TCV | |
| Kelluu | Finland | Apr 2026 | Series A | €15m | NATO Innovation Fund, Keen Venture Partners, Gungnir Capital | |
| Capalo AI | Finland | Feb 2026 | Series A | €11m | Heartcore Capital, VentureFriends, PROfounders, Inventure, Innovestor | |
| Vexlum | Finland | Feb 2026 | Seed | €6.0m | Kvanted, EIC Fund | |
| Avenue Biosciences | Finland | Jan 2026 | Seed | €5.2m | Yes | Balnord, Voima Ventures, Inventure, University of Helsinki, Dimerent |
Exits
Companies Tesi backed that were sold or listed, or where a new investor bought out the earlier ones. Each links to its announcement.
No exits on record.
How this list is made
- A round is listed when a company, investor or press announcement, or a startup database, names Tesi among its investors. Each listed round links to its announcement where one is on record.
- Amounts are the size of the whole round, not the part Tesi invested. Amounts are in euros, converted at about 1.10 US dollars to the euro.
- Stages follow the funding reports: the label the company announced, placed by size where the label clearly does not fit.
- Rounds that were never announced, or that do not name their investors, are not here, so the list is a floor.
Countries our record covers: Poland, Estonia, Lithuania, Latvia, Czechia, Slovakia, Romania, Ukraine, Hungary, Bulgaria, Croatia, Slovenia, Serbia, Bosnia and Herzegovina, North Macedonia, Albania, Montenegro, Kosovo, Moldova, Finland (from 2026), Sweden (from 2026), Norway (from 2026), Denmark (from 2026), Iceland (from 2026). Rounds elsewhere are listed when public sources name Tesi.
The whole market, country by country: startup funding reports. Next update: January 2027.
Raising pre-seed or seed
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