Illusian Family Office

Illusian Family Office serves as the private investment vehicle for Ilkka Paananen, the highly successful co-founder and CEO of Supercell, the Helsinki-based mobile game development giant. Leveraging the substantial wealth generated from Supercell's global success, including its majority acquisition by Tencent for over $10 billion, Illusian provides patient capital and strategic guidance to early-stage technology companies. Based in Finland, the family office is deeply rooted in the Nordic startup ecosystem but maintains a global outlook for its investments.

Illusian's investment philosophy centers on disruptive innovation, primarily focusing on sectors such as gaming, software, deep tech, and consumer internet. As a family office, they are known for their long-term investment horizon, often taking a more hands-on approach than traditional venture capital firms by offering operational insights and access to Paananen's extensive network. They seek out companies with strong founding teams and significant growth potential, aiming to support them through critical early development phases.

While specific investment figures for family offices can be less transparent, Illusian typically deploys capital in seed to Series A funding rounds. Their initial check sizes generally range from approximately $500,000 to $5,000,000, depending on the company's stage and capital needs. Notable investments include participation in rounds for companies like Varjo, a leading VR/AR hardware developer, and Wolt, the food delivery service that was acquired by DoorDash for over $8 billion, underscoring Illusian's capacity to identify and back high-growth ventures with global ambitions.