

Joy Laoun
News Editor, Vestbee

Vendep Capital’s Fund IV is backed by existing institutional investors, including Tesi, KRR, Sitra, Pension Insurance Company Elo, Saastamoinen Foundation, Gösta Serlachius Fine Arts Foundation, and Teknologiateollisuus

Balnord plans to invest in at least 22 companies out of its Fund I, with initial cheque sizes ranging from €500,000 to €3 million.

The new fund will invest in around 30 impact-driven companies tackling climate and social challenges, bringing Rubio’s total assets under management to €220 million.

The investment was backed by KBC Focus Fund, Cap Horn, Bpifrance, the European Innovation Council Fund, Elaia Partners, Sensinnovat and Beeyond.

Dialog’s $4.4 million seed round was led by Galion.exe.

The investment was led by Noshaq and SPDG, with support from ROM InWest.