Tech startups in the Nordic and Baltic regions or Norther Europe will be wooting. Conor Venture Partners has closed Conor Technology Fund II, its second early stage technology fund, at €46.5 million ($59 million).
According to fund’s limited partners include the European Investment Fund, Finnish Industry Investment, Etera Mutual Pension Insurance Company, Veritas Pension Insurance Company, Atine Investment Partners and FoF Growth (managed by Finnish Industry Investment). It also includes other major Finnish investors.
Overall, CVP now has €70 million under management and also invests in embedded systems, electronics, new materials and optics. The portfolio includes Aito Technologies, Neo Technology, Imbera Electronics and Supponor Systems.
Hat tip: arcticstartup