Scroll below the cool iceberg to find out why we started our VC firm and community, who we are, and what we invest in.
We realized that there are at least 10,000 high potential future founders with 5 - 10 years of successful work experience in Finland. However, there was no community for them that would help them develop ideas, find complementary co-founders and start software-driven companies from scratch. We also identified a lack of investors that would back these very early-stage ventures. That’s why we started Icebreaker – a venture capital fund and community – to help these "pre-founders" build the success stories of tomorrow.
As entrepreneurs and investors ourselves, we have learned that a small amount of funding and having the right people around the table can make the difference between failure and success. We want to support founders in getting more out of their own potential and to gain more satisfaction in their careers. We believe that investing in the best teams early and having a strong community supporting them from the start will create the best returns for our own investors.
In Dec 19, 2016 we went to a store to get a new printer. Today we manage in total €70 million with our latest fund being €50M closed in April 2020. We invest €150k - 800k in Finnish, Swedish and Estonian software-driven companies in angel and early seed stages. Our community of pre-founders and founders grows steadily, and you can read more about it here.
We invest in talented and complementary teams building unique software-driven companies. We invest at angel or early seed stage. Our initial investments are €150k - 800k and we make follow-on investments in the subsequent rounds.
Name of the fund: Icebreaker Fund I Ky
Current fund size: €20 million
30% Tekes VC
28% Family offices and seasoned tech entrepreneurs
10% Varma Mutual Pension Insurance Company
8% OP Financial Group
5% Elo Mutual Pension Insurance Company
5% The Seafarer's Pension Fund
5% Draper Esprit
3% Ålands Ömsesidiga Försäkrningsbolag
2% Icebreaker team members