Fund profile / Finland

Maki Fund III.

Geography: Finland
Stage: Pre-Seed
Fund size: €100M
Focus: AI/ML, Deep Tech and SaaS
Signals: Published

N°01 / About

About Maki Fund III.

Maki Fund III. is a venture capital firm based in Finland, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Deep Tech, SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionFinland

Funding StagePre-Seed

Industry Focus

AI/ML

Deep Tech

SaaS

Investor Signals Profile

active

Sweet Spot

Deep tech founders leveraging Nordic science to build European scale

deep tech

quantum computing

Nordic + pan-European

science-to-company

frontier technology

precision fermentation

biotech commercialization

Bullish Signals

Active in Aalto quantum cohort judgingexternal

Strong Nordic deep tech ecosystem tiesexternal

Backing quantum & frontier tech earlyexternal

Europe quantum thesis: IQM, QMill, Quanscientlinkedin

Engaged doctoral/post-doc founder pipelinelinkedin

Co-judging with IQM & VTT leaderslinkedin

Quantum: computing, simulation, secure infralinkedin

Sunstead Hack partner: pan-European ecosystem convenersocial

Connected to 13 founder communities across Europesocial

WT on ground at Sunstead (30 teams, Arctic)social

Hosting dinners, founder matchmaking across continentssocial

Portfolio: Onego Bio precision fermentation successsocial

Backing biotech commercialization via consumer partnershipssocial

Partnering Aiven for Startups & Founders House Helsinkisocial

Actively hosting founder community events (crayfish party)social

Contrarian Signals

Heavy Nordic/Aalto network focusexternal

High technical risk tolerance requiredexternal

Founder Do's

Think early about customers & adoption

Bridge lab research to scalable business

Move early on technical risk

Build from deep technical advantage

Reference Europe quantum leaders (IQM, QMill, Quanscient)

Network across European founder ecosystems

Connect with 13+ founder communities across continent

Secure early commercial partnerships (B2B2C routes)

Attend Maki ecosystem events (Helsinki crayfish parties, etc.)

Founder Don'ts

Don't stay purely research-focused

Don't ignore commercialization path

Don't skip customer discovery

31 signals on Maki Fund III.

15 bullish · 2 contrarian · 9 pitch do's · 3 don'ts · 2 GP profiles, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size€100M

Saves0

Website

People

Key People

Aavo Räisänen, Lkka Kivimäki, Irkka Alomäki

Pirkka PalomäkiPartner

Wilson TukiainenInvestment Manager

N°04 / See also

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