Maki.vc
Helsinki-based early-stage venture capital firm; co-led Distance Technologies' $2.7M pre-seed round (June 2024) and returned as a participant in its €10M GV-led seed round (September 2024).
Maki.vc is a Helsinki-based venture capital firm investing in pre-seed and seed rounds for Nordic founders, with a stated focus on deep tech and brand-driven, category-changing companies without industry or geographic restrictions. Founded in 2018, it has raised roughly €260 million in total across three funds — an initial ~€80M fund, a €100M Fund II (2021), and a €100M Fund III (2024) focused partly on quantum computing and green tech.
Overview
- Firm
- Maki.vc
- Headquarters
- Helsinki, Finland
- Founded
- 2018
- AUM
- ~€260M across three funds since 2018 (self-reported by the firm; individual fund sizes — ~€80M, €100M, €100M — don't sum exactly to the stated total, likely reflecting partial deployment/commitment rounding)
- Stages
- Pre-Seed, Seed
- Thesis
- Within the deep tech and brand-driven focus, we have no industry or geographical restrictions, but instead we look for relentless founders.
- Website
- maki.vc
Portfolio companies2
Partners2
- Founderilkka-kivimakiIlkka Kivimaki is a Founding Partner of Maki.vc, the Helsinki-based seed-stage venture capital firm he co-founded with Pirkka Palomaki in 2018; a serial entrepreneur, he co-founded and sold Wicom Communications to SAP, was Wolt's first outside investor and former chairman, and has chaired Slush and Startup Sauna.
- Founderpirkka-palomakiPirkka Palomaki is a Founding Partner of Maki.vc, the Helsinki-based seed-stage venture capital firm he co-founded with Ilkka Kivimaki in 2018; a former F-Secure and startup executive, he brings B2B SaaS, IoT, and cybersecurity operating experience to Maki.vc's deep-tech and brand-driven investment thesis.
Frequently asked
- What is Maki.vc?
- Within the deep tech and brand-driven focus, we have no industry or geographical restrictions, but instead we look for relentless founders.
- How much does Maki.vc manage?
- Maki.vc manages ~€260M across three funds since 2018 (self-reported by the firm; individual fund sizes — ~€80M, €100M, €100M — don't sum exactly to the stated total, likely reflecting partial deployment/commitment rounding) in assets, and was founded in 2018.
- What stages does Maki.vc invest at?
- Maki.vc invests at Pre-Seed, Seed.
Sources & citations2
2 sources behind every claim
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