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Redstone | North Karelia Growth Fund II

vc$25MCo-investsLeads rounds

◆ Fund Size

$25M

◆ Check Size

$0.1M→$0.3M

◆ Location

Germany

◆ Portfolio

63 companies

◆ Activity

Statusactively investing

◆ Links

◆ Share this fund

◆ Investment Thesis

Redstone is an early-stage VC pursuing selected investment strategies by funding teams with creative and brave ideas into technologies that will shape the future for the better. They empower breakthrough technologies across AI, photonics, robotics, connectivity, novel computing to reshape industries and enable next-generation technologies. They back hard technology making industrial systems more efficient, sustainable, and secure. They also empower agriculture, energy, and food innovations for a climate-resilient world, shape the future of finance through technology innovation, and invest in digital health solutions for patient-centric care. Further, they address the biggest social challenges in health, education, and living, invest in the next great economic frontier (Blue Economy), and provide lowest dilutive financing via venture debt.

◆ About Redstone

The €10 million North Karelia Growth Fund II targets DeepTech, defence, and energy transition startups in Finland with initial tickets of €100,000 to €300,000.

◆ Sectors

SemiconductorsPhotonics & OpticsDefense TechClean EnergyEnergy Storage

◆ Stages

pre-seedseed

◆ Geography Focus

Finlandnorth karelia

◆ Team

NameTitleRoleLinks
Aleksandr Glushkov—Team Member
Axel Wünsch—Director
Ben Scheidt—Partner
Christine Xu—Investment Team
Dmitry Gudkov—Head
Eltonjohn D'souza—Investment Team
Frederike Wolff—Investment Team
Götz Gleichmann—Managing Director
Kaj HagrosPartner, RedstoneManaging Partner
Klas Johansen—Investment Team
Lars Haerle—General Partner
Lucas Paul—Investment Team
Lukas André—General Partner
Madeline Marques—Team Assistant
Marco Bruns—Manager
Marco Stutz—Partner
Martin Oertel—Director
Oskari LehtonenPartner, Redstone—

◆ Notable Investments

Seetrue TechnologiesCarbonaideFfibionicNNotelessTethys RoboticsFibionicKelluuSeeTrue TechnologiesMarginum

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does North Karelia Growth Fund II invest in?

North Karelia Growth Fund II invests in Semiconductors, Photonics & Optics, Defense Tech, Clean Energy and Energy Storage at the pre-seed and seed stages.

Which geographies does North Karelia Growth Fund II focus on?

North Karelia Growth Fund II focuses on Finland and north karelia, and is headquartered in Germany.

What is North Karelia Growth Fund II's typical check size?

North Karelia Growth Fund II typically writes checks of $0.1M to $0.3M.