HomeFinland-StartupsVC firm Ventech expands into Scandinavia with the help of Tero Mennander

VC firm Ventech expands into Scandinavia with the help of Tero Mennander

Paris-created Venture Capital firm Ventech pursues its unique Sino-European strategy and expands its European platform towards the Nordics, a rapidly growing hotbed for investments into innovative new companies.

Tero Mennander joins the team to open Ventech’s new office in Helsinki. This is Ventech’s fourth base-camp, after successfully setting up shop in Paris (1998), Shanghai (2008) and Munich (2013). Tero will lead the firm’s investment activities in the region, focusing on high-growth innovation-driven companies, primarily around the formidable technology hubs of Helsinki, Stockholm and Copenhagen. What might help, aside of his 25-year experience in the technology sector, is that Tero speaks Finnish, Swedish, English and French and understands Russian.

Ventech is one of Europe’s leading venture capital firms and it invests through offices in Paris, Munich and Helsinki into high-growth companies with a focus on the digital economy (internet, media, e-commerce, mobile, software and communications infrastructures). With more than €650 million raised since 1998, Ventech has invested in over 120 companies in Europe, China, Russia and in the US. Ventech has also been present in China since 2006, with a dedicated team based in Shanghai. In 2015, Ventech China announced the first closing of its new US$180 million third fund.

Jean Bourcereau, Managing Partner with Ventech, says: “We are very excited to extend our reach to the Scandinavian market with Tero. Our goal is to repeat our success-story in Germany where Christian Claussen has managed in a very short time frame to position Ventech as a local partner for German entrepreneurs, giving them access to the international network of the firm.”

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Ieva Treija
Ieva Treija
Ieva Treija has joined EU-Startups.com in August 2015. She has two passions: marketing and startups. Background in journalism helps her to put both passions together and come up with exciting stories for the readers. Ieva lives in in Riga (Latvia).

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