Nordic Option

Nordic Option is a private equity fund based in Oulu, Finland, specializing in providing growth capital to promising companies primarily within Northern Finland. Established with a clear mandate to foster regional economic development, the firm targets businesses that have already achieved a degree of operational maturity and are poised for significant expansion. Their investment philosophy centers on supporting companies through critical growth phases, including market expansion, internationalization efforts, and the development of new products or services.

The fund typically engages with companies seeking capital for strategic initiatives rather than early-stage seed funding. Nordic Option's investment sweet spot ranges from €0.5 million to €3 million per company, which translates to approximately $540,000 to $3,240,000 USD based on recent exchange rates. Beyond capital injection, Nordic Option positions itself as an active and hands-on partner, providing strategic guidance and operational support to its portfolio companies, aiming to accelerate their growth trajectories and enhance their market position.

Nordic Option manages multiple funds, with its current primary vehicle being Nordic Option Fund III, which commands a capital base of €30 million, equivalent to approximately $32.4 million USD. Since its inception in 2012, the firm has demonstrated a consistent commitment to its regional focus, having invested in over 30 companies across a diverse array of sectors. These include technology, manufacturing, services, and health tech, reflecting a broad yet strategic approach to nurturing innovation and growth within the Northern Finnish business ecosystem.