We back founders with strong values, clear vision, and the ability to execute. We look for multidisciplinary teams who understand the challenge, care about the outcome, and are ready to build.
We focus on real, systemic problems in the built environment. From carbon and circularity to indoor air, energy, and materials, we invest where the need is urgent, the impact is tangible, and the market opportunity is clear.
We look for solutions with technical depth and commercial potential. We support innovation that can scale in complex, physical, and regulated industries.
Stage:
Backing ideas, R2B, pre-seed and seed with follow on until A-round
Initial Ticket Size:
€100,000–€500,000
Focus:
Leading deals in Nordics and Baltics, co-invest Europe wide
How We Support Founders:
We focus on:
Founded in 1919, family-owned and headquartered in Finland. Chemical manufacturing company for:
Operates across the Nordics, Baltics, and parts of Eastern Europe.
Committed to creating sustainable innovations for a cleaner, healthier, and more efficient future.
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Founders: Ville Ilkkala, Iridian Kiiskinen, Kari Ilkkala
CEO: Ville Ilkkala
Founding year: 2018
Invested: 2024
Description: Nobody Engineering offers a patent-pending IoT device combined with software robotics to connect outdated building automation systems to modern digital services. This plug-and-play solution allows for real-time data collection and control, extending the life of existing HVAC and control systems. It eliminates the need for costly upgrades, enabling scalable deployment of digital solutions across diverse building types.
Impact: Nobody Engineering’s solution connects legacy Building Automation Systems (BAS) to smart services enabling energy and CO2e savings through optimization. This postpones the need for costly BAS upgrades / renovating of building till later.
Website: nobodyengineering.com
Founders: Fabian Utigard, Mathias Engevik, Mathias Picker, Thomas Rankin, Henrik Udnes
CEO: Fabian Utigard
Founding year: 2022
Invested: 2024
Description: Kvist Solutions’ software helps real estate and construction companies simplify and streamline green building certifications (e.g. BREEAM and LEED) and sustainability reporting (e.g. Taxonomy, CSRD, internal sustainability management).
Impact: Kvist helps accelerate the construction industry’s transition to sustainability by enabling easier and automated compliance with certificates, EU Taxonomy, CSRD and internal sustainability management, promoting more efficient resource use and lower environmental footprint of buildings.
Website:
kvistsolutions.com
Matti Rönkkö
Experience & background
Focus area