Target funds

Indekon Oy

The fund, established in 1990.

Geographical area
The fund makes investments mostly in the areas of Southern Karelia and Kymenlaakso.

Ownership
Veraventure holds 46.53% of Indekon Oy.

Management company
Innofinance Oy (http://www.innofinance.fi)

Itä-Suomen Rahasto Oy

The fund came into being in spring 2009, when Karinvest Oy, Savon Teknia Oy and Etelä-Savon Pääomarahasto Oy were merged.

Geographical area
The fund makes investments in the areas of Kainuu, Northern and Southern Savo, and Northern Karelia.

Ownership
Veraventure owns 34% of Itä-Suomen Rahasto Oy.

Management company
Canelco Capital Oy (http://www.canelco.fi)

JyväsSeed Fund Oy

The fund was established in 2004.

Geographical area
The fund makes investments in the economic area of Central Finland.

Ownership
Veraventure owns 40% of JyväsSeed Fund Oy.

Management company
Midinvest Management Oy (http://www.midinvestment.fi)

Luoteis-Venäjä Rahasto Oy

The fund was established in 2006.

Geographical area
The fund makes investments in the areas of Southern Karelia, Southern Savo and Kymenlaakso.

Line of business
The fund makes investments in Finnish SMEs that operate, or are about to locate, in the above areas. These investments are then used for the enterprises’ projects and activities in Russia.

Ownership
Veraventure owns 69,99 % of Luoteis-Venäjä Rahasto Oy.

Management company
Imatran Seudun Kehitysyhtiö Oy (http://www.kehy.fi)

Länsi-Suomen Pääomarahasto Oy

The fund was established in 2007.

Geographical area
The fund makes investments in the areas of Varsinais-Suomi and Satakunta.

Ownership
Veraventure owns 40,12 % of Länsi-Suomen Pääomarahasto Oy.

Management company
Aboa Venture Management Oy (http://www.profitagroup.fi)

Midinvest Oy

The fund was established in 1994.

Geographical area
The fund makes investments in enterprises operating mainly in Central Finland.

Ownership
Veraventure owns 29.23% of Midinvest Oy.

Management company
Midinvest Management Oy (http://www.midinvestment.fi)

Pikespo Invest Oy Ltd

The fund was established in 1984.

Geographical area
The fund makes investments in the areas of Southern and Western Finland.

Ownership
Veraventure owns 49% of Pikespo Invest Oy Ltd.

Management company
Canelco Capital Oy (http://www.canelco.fi)

Spinno-Seed Oy

The fund was established in 1994.

Geographical area
The fund makes investments in the area of Uusimaa.

Ownership
Veraventure owns 28.30% of Spinno-Seed Oy.

Management company
Innofinance Oy (http://www.innofinance.fi)

Teknoventure Oy

The fund was established in 1994.

Geographical area
The fund makes investments in the Northern Finland.

Ownership
Veraventure owns 48.39% of Teknoventure Oy.

Management company
Teknoventure Management Oy (http://www.teknoventure.fi)

Uudenmaan Pääomarahasto Oy

The fund was established in 2005.

Geographical area
The fund makes investments in the areas of Uusimaa and Eastern Uusimaa.

Ownership
Veraventure owns 40% of Uudenmaan Pääomarahasto Oy.

Management company
Canelco Capital Oy (http://www.canelco.fi)

Virtaa Hämeeseen Oy

The fund was established in 2001.

Geographical area
The fund makes investments in the area of Hämeenlinna.

Ownership
Veraventure owns 21.70% of Virtaa Hämeeseen Oy.

Management company
Kehittämiskeskus Häme Oy (http://www.kehittamiskeskus.fi)

Oy Wedeco Ab

The fund was established in 1987.

Geographical area
The fund makes investments in the area of the former Province of Vaasa.

Ownership
Veraventure owns 39.80% of Oy Wedeco Ab.

Management company
Oy Wedeco Management Ab (http://www.wedeco.fi)

Aboa Venture III Ky

The fund no longer makes new investments.

Ownership
Veraventure owns 2.26% of Aboa Venture III Ky

Management company
Aboa Venture Management Oy (http://www.profitagroup.fi)