Investments into Finnish startups hit a new record high at 349M€ in 2017 (FVCA)

Statistics collected by Finnish Business Angels Network ry (FiBAN) and Finnish Venture Capital Association ry (FVCA) show Finland blasting to another all-time high on investments made into Finnish startups and early stage growth companies in 2017.

The most significant change occurred in the number of foreign investors setting their sights on the region, as foreign investments surged to 208M€, resulting in a yearly increase of 33 %. Foreign investors are increasingly attracted to the maturing startup ecosystem of Finland. The region’s development on this front is significant, as the number of foreign investments has increased tenfold since 2010.

Read the full article on FVCA website

FVCA 2017 investments

Source: Finnish VC firms: FVCA, EDC; Business Angels: FiBAN, Finnvera; Foreign investments: HBH Investor Services, EDC, FVCA, public sources; Other: Repomedia, FVCA