Finnish Fund for Industrial Cooperation Ltd. (Finnfund)

Overview

Finnfund is a Finnish development financier and impact investor dedicated to building a sustainable future by investing in businesses that address global development challenges. With over 45 years of experience, Finnfund provides risk capital, long-term investment loans, mezzanine financing, and expertise to companies operating in developing countries. Their investments span sectors critical to sustainable development, including renewable energy, sustainable forestry, sustainable agriculture, financial institutions, and digital infrastructure. The company's investment strategy emphasizes profitability, social and environmental responsibility, and measurable development impact in target countries. Finnfund's portfolio includes investments in various stages, from early-stage ventures to established companies, with a focus on sectors such as renewable energy, sustainable forestry, and digital infrastructure. Their geographical focus encompasses regions in Africa, Asia, and Latin America, with notable investments in countries like Kenya, Honduras, Pakistan, and India. Finnfund is owned by the Finnish State (96.64%), Finnvera (3.30%), and the Confederation of Finnish Industries (0.06%). The company operates with a staff of approximately 100 employees based in Helsinki and Nairobi. In 2023, Finnfund's investment portfolio reached 887 million euros, reflecting their commitment to advancing sustainable development through impactful investments. Their mission is to double their development impact by 2025 and increase the share of private funding in their portfolio to half by 2030, while maintaining a carbon-neutral investment portfolio.

Investment Focus

• Projects must be profitable, socially and environmentally responsible, and produce measurable development impact in target countries.

Portfolio Companies