Nordic Option

Nordic Option is a private equity fund focusing its investments on growth companies. It provides capital investments in small and medium-sized growth companies that have already established themselves in Northern Finland. The fund's investment strategy includes the possibility to make up to 5 early-stage growth investments with one million euros. The firm's value of investments in portfolio companies is approximately EUR 10 million and the value of loans granted is approximately EUR 1 million.

Teemu Puumalainen

Investment Manager and Investment Director

Teemu Puumalainen

Investment Director

Past deals in Finland

Brightplus Oy

Funding Round in 2021
Brightplus is an innovative renewable materials manufacturing company from Finland. We specialise in design and development of new functional properties for industrial biomaterial solutions. We cater for industries like textiles, packaging, construction, cosmetics and consumer goods. Our expertise is based on developing solutions to multiple industries and providing fast prototyping and full fit for customers’ production lines.

Screentec Oy

Private Equity Round in 2018
Screentec Oy, founded in 1989 and based in Oulu, Finland, specializes in the design, development, and manufacturing of user interfaces, computer keyboards, sensors, and custom medical electrodes. The company focuses on creating products that are durable and reliable, catering to various demanding environments such as hospitals, heavy industry, vehicles, and professional kitchens. Screentec's offerings are engineered to withstand high wear and ensure consistent performance, making them suitable for applications that require exceptional operational dependability.

FocalSpec

Venture Round in 2017
FocalSpec is a Finnish high-tech company based in Oulu that specializes in the production of advanced 3D optical sensors and related automated quality control systems. Its product lineup includes sensors, surface profilers, and 3D at-line scanners designed for various industries, including metal, electronics, plastics, and medical sectors. FocalSpec provides high-resolution 3D imaging and precise measurement capabilities, allowing clients to enhance their manufacturing processes and ensure quality control. The company operates globally, supported by a subsidiary in Atlanta and a network of integrators and distribution partners.

Valtavalo

Private Equity Round in 2015
Valtavalo Ltd was founded in 2008 to develop, manufacture and supply energy-efficient lighting solutions in Finland and globally. By concentrating on large volumes and clients, Valtavalo, as the largest LED tube manufacturer in the Northern Countries, can set competitive prices for new and advanced technologies, which have often in the past been regarded as too expensive.

Sotkamo Silver

Private Equity Round in 2010
Sotkamo Silver is a Sweden-based exploration and development company focused on the extraction of mineral deposits in the Nordic region. The company primarily operates the Taivaljarvi silver mine project, which is complemented by its interests in two gold deposits: Harnas, a former small-scale mining site in Sweden, and the Hopevuori gold occurrence in Finland. Sotkamo Silver aims to create positive social and environmental impacts through its mining activities.
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