Nordic Foodtech VC Fund II

About Nordic Foodtech VC Fund II

Nordic Foodtech VC Fund II is a venture capital firm based in Finland, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in Food Beverage, SaaS, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionFinland

Funding StagePre Seed

Industry Focus

Food Beverage

Saas

Investor Signals Profile

active

Sweet Spot

Deep foodtech scientist-founder in Nordics/Baltics, early-stage

deep foodtech

Nordic & Baltic focus

early-stage

fermentation & biotech

sustainable food systems

Bullish Signals

18 portfolio cos, 1 exit (2025)external

Investments active 2020–2025external

5 partners, diverse domain expertiseexternal

New deal announced soonexternal

Mö Foods added 2025 — still deployingexternal

3 advisors incl. Chief Advisor addedexternal

Full soil-to-orbit thesis scopeexternal

Precision fermentation theme across 5+ coswebsite

Portfolio spans protein, fats, nutrients, agri-datawebsite

Actively seeking new deals publiclywebsite

Contrarian Signals

Narrow Nordic/Baltic geo focus onlyexternal

Deep tech = long time-to-revenueexternal

Food system niche limits deal flowexternal

Only 1 exit across 18 portfolio cosexternal

Several 2024 cos — heavy vintage concentrationwebsite

Founder Do's

Build on hard science or engineering

Target food system transformation

Be based in Nordics or Baltics

Show clear sustainability impact

Solve upstream food/farming problems

Founder Don'ts

Don't pitch without deep tech core

Don't approach if outside Nordic/Baltic region

Don't pitch consumer apps or pure software

Key GPs & Partners

Louise Heiberg

Partner

foodtech engineerinvestment professionalDenmark-based

Pekka Siivonen-Uotila

Partner

founderentrepreneurcompany builder

Lauri Reuter

Partner

PhD biotechventure scientistdeep tech

Jari Tuovinen

Partner

corporate financefund managementseasoned investor

Mika Kukkurainen

Partner

brand strategistfood industryretail

Leena Saarinen

Advisor

food industry execboard professional

Daniel Skaven Ruben

Advisor

impact-drivensuperconnectorfoodtech network

Kaisa Poutanen

Chief Advisor

academicfood technologynutrition

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Fund Overview

Fund Size€40M

Saves0

Website

Key People

Louise Heiberg, Lauri Reuter

Louise HeibergPartner

Pekka Siivonen-UotilaPartner

Lauri ReuterPartner

Jari TuovinenPartner

Mika KukkurainenPartner

Leena SaarinenAdvisor

Daniel Skaven RubenAdvisor

Kaisa PoutanenChief Advisor

About Nordic Foodtech VC Fund II

Investment Focus

Investor Signals Profile

Sweet Spot

Bullish Signals

Contrarian Signals

Founder Do's

Founder Don'ts

Key GPs & Partners

Unlock Investor Signals

Fund Overview

Key People

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