Icebreaker.vc: Closes Two Funds Totalling €120M

  • Icebreaker.vc, a Helsinki, Finland-based venture capital firm, closed its second fund, at €100M, and raised a separate €20M Opportunity Fund
  • The firm’s second fund invests €150–800k in startups in Estonia, Finland and Sweden at their angel and pre-seed stage while the opportunity fund will used to continue investing in their Fund 1 portfolio companies
  • Icebreaker has broad investment scope, focusing on strong domain-expert founding teams with complementary skills, strong technology and global markets
  • The firm has created a portfolio development practice for Founder Development, Hiring, Growth Program and support companies in planning and strategy
  • Icebreaker collaborates internally, sharing knowledge and learning from mistakes and successes
  • In addition to the investment team Icebreaker has a core operational growth team, and they aim to connect with the best external parties for specific topics in hiring, branding, law, etc
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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