Sitra
Overview
Sitra, the Finnish Innovation Fund, is an independent public foundation operating directly under the supervision of the Finnish Parliament. Its mission is to promote Finland's well-being and accelerate economic growth within the limits of nature's carrying capacity. Sitra functions both as a think tank and as an investment company, supporting projects that increase the efficiency of the economy, improve the level of education or research, or study future development scenarios. The foundation's endowment was valued at 771 million euros in 2017, with returns averaging approximately 30 million euros annually. These returns fund Sitra's operations, which include financing experiments, studies, and innovations that renew Finland. Sitra's investment activities encompass various asset classes, including private equity, venture capital, real estate, infrastructure, and fixed income. The foundation invests across multiple stages, from seed to buyout, and focuses on a wide range of industries, such as technology, healthcare, energy, environmental services, financial services, consumer goods, manufacturing, telecommunications, media, transportation, education, agriculture, construction, retail, and real estate. Geographically, Sitra's investments are primarily focused in Finland, with additional interests in the United States and France. The foundation's investment sizes range from 1 million to 50 million euros, depending on the project and its alignment with Sitra's mission and strategic objectives. Sitra's approach combines foresight activities to understand future trends with practical initiatives that drive societal renewal and sustainable economic growth. By collaborating with various sectors, Sitra aims to create a fair, sustainable, and inspiring future that ensures people's well-being within the limits of the earth's carrying capacity.
Investment Focus
- Alignment with Sitra's mission to promote Finland's well-being and sustainable economic growth
- Focus on projects that increase economic efficiency, improve education or research, or explore future development scenarios
- Potential for significant impact on Finnish society and the economy
- Sustainability and environmental responsibility
- Innovative approaches to societal challenges
Portfolio Companies
Reach Sitra directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about Sitra
What sectors does Sitra invest in?
Sitra invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Real Estate, and is based in Helsinki, Finland. Sitra is listed as a institutional investor in the ConnectSafely investor database.
What stage does Sitra invest at?
Sitra backs companies at Seed, Early Stage, Growth, Late Stage, Buyout and Turnaround, writing cheques of 1M - 50M.
Which regions does Sitra invest in?
Sitra invests across United States, France and Finland.
Who are the partners at Sitra?
Team members listed for Sitra include Matti Paavonen (Chief Economist) and Sami Tuhkanen (Vice President Investments).
What companies has Sitra invested in?
Sitra's portfolio includes Access Capital Fund II, Boston Millennia Partners II LP and Baltic Investment Fund III LP.
How do I contact Sitra?
Sitra's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
