25 May 2023

VNTRS, a venture studio focused on transforming good ideas into great ventures, today announced its expansion into Finland. The company's commitment to fostering innovative ideas and startups has already positively impacted numerous startups. The Finnish expansion will be led by Ronny Eriksson, a venture architect, with renowned advisors Kustaa Valtonen and Peter Vesterbacka joining the board.

Ronny Eriksson will take the lead as Head of VNTRS Finland. His proven track record includes 5 years of entrepreneurial experience both as a founder and managing large-scale innovation and acceleration projects.

Eriksson stated, "I'm excited to bring VNTRS to Finland. This expansion allows us to leverage Finland's innovative spirit and entrepreneurial talent, creating a positive impact on our startup ecosystems further growth. I am confident that together with VNTRS, we can bring a new form of support to accelerate growth and facilitate success for more startups."

Joining Eriksson are Kustaa Valtonen and Peter Vesterbacka, both esteemed figures in the Nordic startup scene. Valtonen, a successful Angel Investor and Vesterbacka, an Angel Investor and famously associated with Angry Birds & Slush, will provide invaluable guidance and oversight as advisory board members. Both Vesterbacka and Valtonen working on the Bay Area tunnel project.

Kustaa Valtonen commented, "VNTRS has already proven its ability to create great ventures in Sweden and Estonia. With this expansion to Finland, I am certain that we will see even more innovative startups rise and thrive. I look forward to working closely with Ronny and VNTRS in this exciting venture." Peter Vesterbacka highlights "it's important that we create the gravity for our Finest Bay Area region. VNTRS is one of those components developing the ecosystem."

VNTRS is a venture studio and sweat equity investor renowned for its unique approach to venture building, with a hands-on approach that promotes entrepreneurial mindset, fosters personal development, and shares risk and rewards with its clients. The company's portfolio includes over 25 investments across various industries in Sweden, Estonia, Denmark, Finland, Latvia and Norway, including Strawbees, Beleco, Combify, Votemo, Commu and Preglife.

Kristaps Prusis, CEO of VNTRS, added, "We are delighted to welcome Ronny Eriksson to the VNTRS family and look forward to expanding our operations to Finland under his leadership and very happy about to include Kustaa Valtonen and Peter Vesterbacka in our board as they share the same vision of a strong New Nordic startup ecosystem. Our ultimate aim is to create the best possible conditions for good ideas to succeed and grow, and we believe Finland and the whole region has an enormous potential."

This move signifies VNTRS's continuous growth and commitment to supporting startups and helping them become successful ventures. With this expansion, VNTRS is well positioned to bring their unique blend of entrepreneurship, innovation, and risk-sharing to a new market, promising exciting opportunities for Finnish startups and the broader New Nordic region.

About VNTRS: VNTRS is a venture studio dedicated to turning good ideas into great ventures with local offices in Stockholm and Tallinn. From startups to large corporations, VNTRS uses its diverse expertise to provide the means for businesses to succeed. With its unique approach of sharing risk and rewards with its clients through the sweat equity model, VNTRS is changing the narrative of startup success. For more information, visit www.vntrs.com.

Press Contact: Ronny Eriksson Ronny.eriksson@vntrs.com +358505177908