Conor – Designing Global Winners

 
 

Conor Venture Partners Invited to Join Nordic Venture Network

Espoo, Finland and Stockholm, Sweden – February 3, 2011 – Conor Venture Partners, a leading Finnish early-stage technology VC, today announced that it has been invited to join the Nordic Venture Network (NVN), a private club of 12 leading technology venture capital firms in the Nordic region. 

The network was established in 1999 and it focuses on strategic relationship building between its members and international financial and industrial players. In addition, NVN also acts as a discussion forum of joint issues amongst the members as well as between the members and the major Nordic private equity investors. Sponsors of NVN are the leading public investors in each Nordic country. 

“We are very happy to invite Conor to our network of the leading Nordic technology venture capital firms”, comments Staffan Helgesson, Chairman of NVN, “Conor’s high activity level in the Nordics combined with their active syndication strategy are very much aligned with the strategy and spirit of our members.  NVN and its members are looking forward to working with Conor for years to come.” 

“Conor is very honoured to be invited in such a prestige network of Nordic venture firms”, says Jari Mieskonen, Managing Partner at Conor, “We plan to be a very active contributing member in the network and look forward to working closely  with other venture companies in the network.” 

“NVN opens contacts not otherwise available for a separate venture company such as Conor”, concludes Jarkko Penttilä, Partner at Conor, who already joined NVN on its exhibition to China in the second week of January, “This was very much proved already during the meetings with top Chinese venture investors and fast growing industrial companies and science parks.”

Through NVN international investors, venture funds, advisors and large technology companies get access to strategic business relations with the leading firms on the Nordic market. Since all leading Nordic based Technology Venture firms are members of NVN, the members make up at least 80% of the Nordic Technology Venture Capital market.

For further information, please contact:

Jari Mieskonen, Managing Partner
Conor Venture Partners
Tel. +358 50 563 6992
jari.mieskonen (at) conor.vc 

Staffan Helgesson, Chairman
Nordic Venture Network    
Tel. +46 70 377 6582 
staffan.helgesson (at) creandum.com

About Conor Venture Partners Oy

Conor Venture Partners is a leading early-stage technology VC investing in Finland, Sweden and the Baltics. With 70 million euros under management Conor invests in disruptive technologies in ICT, embedded systems, electronics, new materials and optics.  The Conor portfolio includes companies such as Aito Technologies, Neo Technology, Imbera Electronics and Supponor Systems. For more information, please visit www.conor.vc

About Nordic Venture Network

The Nordic Venture Network is coordinated by Nordic Investment Solutions (NIS), which is a leading independent Private Equity advisory firm based in Stockholm. Since 2003 NIS has created a strong position as an advisor to institutional investors, public authorities and expanding companies. The 12 members of the Nordic Venture Network have between them about 3 billion euros under management, 300 portfolio companies and 100 investment professionals. For more information, please visit www.nordicventure.net