Tekes — Funding Finnish Clean Tech Companies. Too Much Capital?

During the first day of our tour of Finland’s clean tech companies, we got to meet with Kari Herlevi a Senior Business Advisor recently back in Finland after a tour in Silicon Valley with Tekes, the entity charged with executing the Finish government’s seed investment strategy in technology and innovation. Investing through grants and soft loans, Tekes offers Finnish entrepreneurs a source of capital that a dormant VC and Angel Investing industry fails to provide. Almost invariably, over the course of the ensuing three days Tekes was mentioned as a source of funding for the companies we visited.

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