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FiBAN - Finnish Business Angels Network

Company

Investment-firm

Financing round

General

About Company
FiBAN is a national non-profit association that facilitates private investment in unlisted potential growth companies.

Industry

Sector :

Subsector :

founded date

01.04.2010

Number of employees

IPO status

Private

Description

The association has over 650 angel investors who are members, and it does not invest as an organization but rather facilitates matchmaking, educates members, and cooperates with all relevant actors in the startup ecosystem in Finland and the Nordics. FiBAN is one of the largest and most active business angel networks in Europe, and its vision is to make Finland the best country in the world for growth-company investing.
Contacts

Contact Email

Social url

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Financials

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Date 
name 
Lead 
type 
Raised 
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Co-Investors
Exits
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People

Founders
2
Ari Korhonen
Ari Korhonen

Ari Korhonen

Mr. Ari Korhonen is the Founder of Lagoon Capital. He also serves as a Growth Partner at Evli Growth Partners. He serves as a Senior Advisor at Spintop Ventures. He serves as Vice Chairman at DealDash. He serves as Chairman at Klevu and Surveypal. He serves as Chairman at VERSO. He serves as a Partner and Executive at True Global Ventures. He serves as an Advisory Board Member at Finnish Industry Investment. He is an Angel Investor. He served as a Board Member at Helpten. He also served as Chairman at Miradore. He Co-Owned XMLdation.com and served as its Board Member. He co-owned and served as a Board Member at Sympa. He is a Co-Owner of Citysocialising. He also co-owned Twid and served as Chairman. He is the Owner and serves as the Chairman of the Board at Paytrail. He holds an MS (Master of Science) in Engineering from the Lappeenranta University of Technology. Within the last 10 years, he has made Angel investments in 29 companies, with 86 investment rounds in total. These include MariaDB, DealDash, Surveypal, Miradore, In4mo, FlashNode, Thirdpresence, and 360 Cities. From these, he has had three successful exits; Severa, Paytrail, and The Switch. He is also an investor in venture capital funds that include Seedcamp, 500 Start-ups, and True Global Ventures. In Spintop he is also Senior Advisor and Investment Committee member. He is also a member of the Seedcamp Investment Committee. He is an Investment council member of Finnish Industry Investments. He was nominated by EBAN as European Business Angel of the Year in 2009 and elected by FiBAN as Business Angel of the Year in Finland in 2014. He is a co-founder of FiBAN and was Vice Chairman of the Board from 2010 to 2012. He has been an EBAN board member and Vice-President since 2012. He is also a member of EstBAN. He has been featured in several business magazines and blogs. He holds a Master of Science degree in engineering from Lappeenranta University of Technology.

current job

Lagoon Capital
Lagoon Capital

organization founded

1

Ari Korhonen

Claes Mikko Nilsen
Claes Mikko Nilsen

Claes Mikko Nilsen

Claes Mikko Nilsen is the investment director at the Nordic & Baltic fund NordicNinja VC. He is a Finnish-Norwegian, quick-witted character, well-known of his pitch moderator skills. Claes Mikko is an angel network expert and previously co-founded and worked as the first director of Finnish Business Angels Network (FiBAN), which is one of the largest and most active angel networks in Europe, actively inspiring private startup investing. FiBAN received the Finnish Internationalization Award of the President of the Republic in November 2017. After FiBAN, Claes Mikko moved over to manage the ``Nordic angel Dating service`` as the Managing Director of Nordic Business Angel Network (NordicBAN), which is driven by active business angels and angel networks. NordicBAN represents over 10 Nordic & Baltic business angel networks, linking over 1700 business angels, sharing angel investing best practices and supporting the matching of syndication ready startups. In addition to angel activity, Claes Mikko has been part of developing Slush's Investor Day concept, which today is one of the most important events in the North-European startup scene. Claes Mikko has also entrepreneurial background and during his studies was part of establishing student entrepreneurship society BoostTurku. Claes Mikko has worked with startup guiding at EnterpriseHelsinki and building their startup accelerator service, currently NewCo Helsinki. Claes Mikko was a steering board member at the Rising North Fund, which funded startup ecosystem initiatives supporting internationalization of Nordic startups. Claes Mikko is fascinated about startup energy, being able to deliver, and finding that perfect one-liner.

current job

NordicNinja VC
NordicNinja VC

organization founded

1

Claes Mikko Nilsen

Employee Profiles
10
Reetta Ilo

Reetta Ilo

International Affairs Manager

Reidar Wasenius

Reidar Wasenius

Managing Director

Lennu Keinanen

Lennu Keinanen

Member

Petri Lehmuskoski

Petri Lehmuskoski

Business Angel for startups, investor, founding member

Jaakko Salminen

Jaakko Salminen

Chairman

Ari Korhonen

Ari Korhonen

Co-founder

Claes Mikko Nilsen

Claes Mikko Nilsen

Network Manager

Jan D. Oker-Blom

Jan D. Oker-Blom

Managing Director

Activity

Recent News
3
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