In the first six months of 2013 Finnish hi-tech enterprises recorded a total of 48 venture capital investments worth approximately €166 million. This is an increase of 117% from the corresponding period in the previous year’s total.
The sum of €166 million is more than twice the recorded €76.5 million of venture capital in the first half (H1) 2012. The H1 total of 2013 also represents a visible increase over the €101 million raised in H1 2011. Average round size in the first half of 2013 was €3,5 million, clearly above the €1.6 million average registered in H1 of 2012.
