v e n t u r e s
NORDIC
VENTURE CAPITAL
& PRIVATE EQUITY
Building outstanding global brands and companies in the long-term
OUR FOCUS
Consumer Brands
Technology
Companies that are focusing on consumer products and services
Companies that utilise digital technologies in scaling operations
Global
Positive Impact
Companies with ambition to become global rapidly
Companies that have a positive impact on environment or society
WE ARE DIFFERENT
PowerBank Ventures differs from other venture capital and private equity funds. We do not have an investment time horizon or rush for exit. We do not seek for control, but support that of the founders. We currently invest our own funds and do not manage that of third parties. We offer support as advisors, board members, chairmen and just partners. We primarily add value by offering advice and secondarily capital. The industry usually works the other way around.
We help companies in strategy, finance, brand, customer experience, use of technology in scaling operations and leadership among others.
OUR PHILOSOPHY
We believe that companies need to have a bold strategy, high ambition and values of high integrity. They should primarily focus on the team and personnel. Only by doing this, they deliver what's most important: add significant value for customers. Financial returns will follow in the long-term. This philosophy derives from the Finnish and Nordic values.
We are based in Helsinki and have a strong network stretching to Stockholm, Copenhagen, Tallinn, London, New York, Tokyo, Hong Kong and Silicon Valley.
INVESTMENT HIGHLIGHTS
Rovio
Early investor in Rovio, the creator of Angry Birds with over 4 billion downloads and two movies. Position as chairman at the IPO valued at 1 billion USD
Marimekko
Main shareholder in Marimekko, the iconic Finnish fashion and home products brand with over 160 stores globally. Position as CEO and later chairman
Sulapac
Early investor in Sulapac, the innovative and
sustainable packaging
company replacing plastics with wood-based materials. Role: advisor
Carbo Culture
Early investor in California- based Carbo Culture, the developer of an environmental technology that rapidly converts biomass waste into a high purity carbon
Musopia
Investor in Musopia, a developer of popular music learning applications. Role: chairman
Fifth Corner Inc.
Early investor in Fifth Corner Inc., the creator of YOU-app health technology platform, which later merged with Hintsa Performance. Role: advisor
Invesdor
Early investor in Invesdor, the leading Nordic equity crowdfunding platform. Role: advisor
TILT Biotherapeutics
A globally leading clinical stage company working on cancer solutions using immunotherapy
World of Mouth
Seed investment in World of Mouth, the global restaurant guide app. Role: partner and advisor
Performance of PowerBank
Annualised coumpounded post-tax return of over 10% for the past 10+ years
2019
7,0M€
2018
4,4M€
2017
3,1M€
2016
3,0M€
”2020s will see widespread adoptation of tech platforms such as 5G and artificial intelligence, machine learning and IoT. Value chains and businesses will truly be disrupted. As a CEO, chairman and board member, I have personally witnessed this development in branded retailing, media, gaming, banking, telecoms and medical tech, knowing these are only first steps in the coming transformation. It is my belief that understanding and application of technology in every aspect of business will distinguish successful companies in all industries. We therefore seek to merge this technological opportunity in our porfolio companies, whether they are consumer brands, services or companies with positive impact on environment”
Mika Ihamuotila, Ph.D.,
Chairman & Founder
CONTACTS
Contact us by filling out the following contact form: