Teknoventure operated as a manager of private equity funds from 1991 to 2019. In 2019, Teknoventure Oy detached from the Noweco group.

Managed funds / investment funds collected and the number of investments are as follows:
Fund Invested capital (M€) Companies Start year  Closing
Nordic Option OY 22.0 50 1994 Managed until 1/2017
Lapin rahasto I KY 3.2 4 2001 Closed in 2013
Jokilaaksojen Rahasto I KY 5.4 8 2001 Closed in 2016
Teknoventure Rahasto II KY 15.0 14 2002 Closed in 2016
Teknoventure Rahasto III KY 16.0 7 2007 Closed in 2018
Wedeco Fund IV KY 11.0 7 2008 Closed in 2018
Total 72.6 90
In relation to the aforementioned funds, Teknoventure collected a total of EUR 73 million of investment capital from institutional investors, private companies, cities and municipalities. According to management agreement, Teknoventure’s tasks included also the placement of investment assets on portfolio companies, other capital management issues of the companies in question, average value creation for 3-7 years on the investment and the sale of the target company to the new owner. Overall (funds and companies) we have been involved in collecting funding for our arrangements for approximately EUR 250-300 million.