VNT Management logo

VNT Management

Europe, Western Finland, Finland, Vaasa

Description

VNT Management is a specialized venture capital firm headquartered in Vaasa, Finland, with a dedicated focus on the clean energy sector. The firm targets innovative companies developing technologies and business models in renewables, electrical systems, and energy savings. Since its inception, VNT Management has positioned itself as a key investor in the European cleantech landscape, aiming to support the transition towards a more sustainable energy future. Their investment philosophy centers on identifying and nurturing growth-stage companies that are either revenue-generating or on the cusp of commercialization.

The firm manages a series of funds, including VNT Early Stage Fund I, VNT Growth Fund II, and VNT Growth Fund III. The most recent, VNT Growth Fund III, launched in 2019, had a target size of EUR 100 million (approximately USD 108 million), underscoring their capacity for substantial investments. VNT Management typically provides initial investments ranging from EUR 0.5 million to EUR 3 million (approximately USD 0.54 million to USD 3.24 million). This indicates a preference for later-seed to Series A rounds, supporting companies beyond the very earliest stages.

Beyond initial capital, VNT Management is committed to supporting its portfolio companies through subsequent funding rounds. Their total investment per company can reach up to EUR 10 million (approximately USD 10.8 million), demonstrating a long-term partnership approach. The firm primarily focuses its investment activities on the Nordic countries and broader Europe, leveraging its regional expertise and network. With a track record of approximately 38 investments and 10 exits, VNT Management has demonstrated an active and strategic approach to portfolio management, contributing to the growth and maturation of the European clean energy ecosystem.

Investor Profile

VNT Management has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 6 rounds, about 30% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in Finland, Switzerland, Germany.
  • Strong thematic focus on Energy, Renewable Energy, Electronics.
  • Typical check size: $540K – $3.2M.

Stage Focus

  • Series Unknown (40%)
  • Series B (20%)
  • Seed (20%)
  • Series A (10%)
  • Series C (5%)
  • Debt Financing (5%)

Country Focus

  • Finland (65%)
  • Switzerland (15%)
  • Germany (15%)
  • Estonia (5%)

Industry Focus

  • Energy
  • Renewable Energy
  • Electronics
  • Manufacturing
  • Energy Efficiency
  • Information Technology
  • Clean Energy
  • Cleantech
  • Electrical Distribution
  • Internet Of Things
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does VNT Management frequently co-invest with?

OC
Europe, Vaud, Switzerland, Vevey
Co-Investments: 2
Wecken & Cie.
Europe, Basel-Stadt, Switzerland, Basel
Co-Investments: 2
Finnish Climate Fund
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 1
VIA Equity
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 1
Finnvera Venture Capital
Europe, Eastern Finland, Finland, Kuopio
Co-Investments: 3
SET Ventures
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 1
Tesi
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 5
Climate Investment
Europe, England, United Kingdom, London
Co-Investments: 1
BNP Paribas Private Equity
Europe, Ile-de-France, France, Paris
Co-Investments: 1
Statkraft Ventures
Europe, Nordrhein-Westfalen, Germany, Düsseldorf
Co-Investments: 3

What are some of recent deals done by VNT Management?

Norsepower Oy

Helsinki, Southern Finland, Finland

Norsepower Oy is a clean technology and engineering company pioneering the generation of renewable wind energy.

Clean EnergyCleanTechEnergyEnergy Efficiency
Series CMar 28, 2023
Amount Raised: $30,348,783
DEPsys

Puidoux, Vaud, Switzerland

DEPsys is a technology company that delivers solutions enabling traditional low-voltage electricity networks.

Electrical DistributionElectronicsEnergyInternet of ThingsRenewable Energy
Series BFeb 12, 2019
Amount Raised: $13,119,434
DEPsys

Puidoux, Vaud, Switzerland

DEPsys is a technology company that delivers solutions enabling traditional low-voltage electricity networks.

Electrical DistributionElectronicsEnergyInternet of ThingsRenewable Energy
Series UnknownJan 18, 2018
Amount Raised: $2,085,288
Visedo

Lappeenranta, Southern Finland, Finland

Visedo Oy develops, manufactures and delivers electrical drive trains for heavy mobile work machine, marine vessel and bus applications.

Electric VehicleManufacturingPublic Transportation
Debt FinancingDec 19, 2016
Amount Raised: $15,604,357
DEPsys

Puidoux, Vaud, Switzerland

DEPsys is a technology company that delivers solutions enabling traditional low-voltage electricity networks.

Electrical DistributionElectronicsEnergyInternet of ThingsRenewable Energy
Series AJun 14, 2016
Amount Raised: $3,112,815
Norsepower Oy

Helsinki, Southern Finland, Finland

Norsepower Oy is a clean technology and engineering company pioneering the generation of renewable wind energy.

Clean EnergyCleanTechEnergyEnergy Efficiency
SeedJan 31, 2016
Amount Raised: $3,249,137
WeSustain

Buxtehude, Niedersachsen, Germany

WeSustain develops and sells web-based software for enterprise sustainability management.

Information TechnologySoftwareSustainability
Series BDec 15, 2014
Amount Raised: $4,976,251
Valopaa

Helsinki, Southern Finland, Finland

Valopaa develops and markets LED fixtures, intelligent lighting systems, and lighting technologies in Finland.

ElectronicsLightingManufacturing
SeedNov 18, 2013
Amount Raised: $2,700,856
Siqens

Munich, Bayern, Germany

replacing diesel generators with patented fuel cell technology

Clean EnergyCleanTechEnergyFuel Cell
Series UnknownOct 21, 2013
Cajo Technologies

Kempele, Oulu, Finland

Cajo Technologies produces innovative laser marking solutions for all industrial and branding purposes.

IndustrialInformation TechnologyLaserManufacturing
Series UnknownOct 17, 2013
Amount Raised: $1,366,074