Focused on the mobile and wireless innovation, IoT and the converging digital space. They invest primarily in the Nordics and US-based companies in growth stages. Special focus on scaling from Nordic to US.

Experience

Nexit was founded in late 90’s with offices in Helsinki and Silicon Valley.  During the last almost 20 years over 10.000 deals studied, 25 investments made creating multiple high value exits to US & Asian market.

How much do they invest?

They are an active hands on investor, typically in lead position. They normally invest between €1m and €5m.

How do they work?

Apply and they will look through your business plan or executive summary. They look for companies that they can help make big.

This makes a difference to them

They look for innovative solutions that are the next big thing within mobile and wireless innovation, IoT and the converging digital space.

Key People

Artturi Tarjanne – Co-founder and General Partner at Nexit Ventures
Artturi is an entrepreneurial and international Infocom industry veteran with over 25 years of experience: software entrepreneur, business angel and venture capitalist. He has served for ten years on the  FVCA the FVCA board last years as the Chairman. Artturi studied at Helsinki University of Technology.
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Pekka Salonoja - General Partner at Nexit Ventures
Pekka Salonoja is a highly respected Infocom professional, with a 20-year career in Nokia. Mr. Salonoja has held several key positions at Nokia, latest as Vice President and General Manager of Server Software Products at Nokia Mobile Phones, responsible for Nokia’s messaging and mobile internet server business with 650+ R&D and product management staff in Europe, US and China. Mr. Salonoja holds a M.Sc. degree in electronics from the Helsinki University of Technology.
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Michel Wendell - General Partner at Nexit Ventures
Michel Wendell has over 25 years of broad experience in launching and managing international Infocom companies. By advising successful start-ups and billion-dollar market leaders in Finland, Sweden, France and the United States, Mr. Wendell has gained a thorough understanding of the changing dynamics of globalizing markets and rapidly developing technologies. His extensive network of contacts in Silicon Valley, where he resides, is a significant resource to Nexit’s portfolio companies.
LinkedIn

Startups they funded

Aava Mobile, Rightware, Bitfone, Ekahau, Hantro, Funambol, Conformiq, Ecrio, Octoshape, Hybrid Graphics and Mobile365.