Firms

Greencode Ventures

Greencode Ventures

greencode.vc

Greencode Ventures is a Helsinki-headquartered venture capital firm backing European startups that apply AI and digital technology to energy, industry and infrastructure. It invests from seed through Series A, with published tickets up to EUR5 million. The firm began investing in 2023 and was founded by Kaisa Hietala, Terhi Vapola and Ines Bergmann-Nolting. Its portfolio includes Ubotica, Ora Computing, LiveEO, Groundhawk and Supercritical. Its current public directory lists nine team members and three advisers. The August 2023 first-close announcement reported nearly EUR40 million, and its 2024 impact report described approximately EUR55 million raised at the latest close, explicitly stating that this was not the final close.

Founded
2023
Type
Venture capital

Funds1

  • Greencode Ventures Fund I€55M

    First venture fund, launched in 2023. Its first close in August 2023 was nearly EUR40 million; the 2024 impact report described approximately EUR55 million raised at the latest close and explicitly identified it as not the final close. The amount is an approximate historical close, not verified final fund size. No exact announcement day is asserted.

Team

Tero Ojanperä
Tero Ojanperä

Greencode Ventures, Advisory Board Member

—— – —

Operations and support

Emma HägerströmEmma HägerströmVisiting Analyst
Ines Bergmann-NoltingInes Bergmann-NoltingManaging Partner
Juulia KorkiavaaraJuulia KorkiavaaraMarketing Communications & Investor Relations Manager
Kaisa HietalaKaisa HietalaFounder & Chair
Karin HenrikssonKarin HenrikssonVenture Partner
Mark FarrellyMark FarrellyVenture Scout
Mika AnttonenMika AnttonenAdvisory Board Member
Mikael LassooyMikael LassooyFinance & Operations Manager
Paul BotjePaul BotjePrincipal
Sari BaldaufSari BaldaufAdvisory Board Member
Terhi VapolaTerhi VapolaFounder & Managing Partner

Co-investing

ACT Venture Capital
Atlantic Bridge
Constructor Capital
Lightspeed
MMC Ventures

Investments