Talouselämä│Kaisa Hietala and Terhi Vapola founding a new VC-fund. "No matter what the economic condition is, the right time is now"

June 6, 2023 Greencode

"The demand for solutions enabling green transition is high, and we can't just sit and wait until the economic cycle turns. The need for investments is so high that the right time is now." 

Greencode was featured in Talouselämä on 25th of May. The article described Greencode's aim to find digital solutions in energy, heavy industries, mobility and living that accelerates green transition. 

Greencode is still rounding up investors. According to Terhi and Kaisa, fundraising has been successful - even though the war, rise in interest rates and the threat of recession have slowed down investors' decision making. 

According to Harry Brade - chair of the board of BFVC, an anchor investor for Greencode - the fund made an impression by having a deep substance matter expertise and large networks by having an international team across Europe. 

Talouselämä's article is written by Matti Keränen.

Read the full article here. [In Finnish]

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