Kauppalehti│Energy sector experts Kaisa Hietala and Terhi Vapola founding a new VC-fund

June 6, 2023 Greencode

"Green transition is one of the biggest - in not the biggest - reallocations of capital. We want to act on this opportunity." 

Greencode was featured in Kauppalehti on 25th of May. In the article, Greencode's partners Kaisa and Terhi highlighted the importance of digital technologies to take steps towards the green transition already now, challenging the existing belief that the relevant technologies are still a decade or two away. 

Greencode's anchor investor Business Finland Venture Capital (BFVC) has invested 25 million euros into the fund, which makes it the biggest investment they have ever made. BFVC's chair of the board Harry Brade comments "I'm not aware of any fund that has the same level of visibility to the European green transition startup landscape than Greencode. They have a high potential to develop into significant investor in Europe". 

Kauppalehti's article is written by Matti Keränen.

Read the full article here. [In Finnish]

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