Helsinki-based Wave Ventures announces a third fund of €7M to invest in Gen Z founders in the Nordics and Baltics.
The fund, supported by investors like the founders of Slack, Bolt, Skype, and others, aims to back the most exceptional Gen Z founders.
Wave Ventures, founded in 2016, focuses on early-stage founders and has made over 50 initial investments through its first two funds, backing nearly 80% of Finnish startups led by young CEOs.
With Fund III, the firm plans to expand its investment strategy, supporting 3 to 10 new teams per country annually, focusing on initial angel and pre-seed funding rounds of up to €100,000.