Conor Venture Partners Invited to Join Nordic Venture Network

By Artur Surov on 3 Feb, 2011 9:21 |

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.

Location: Espoo, FinlandWebsite: http://www.conor.vcConor Venture Partners Ltd is a new breed technology venture capital fund and management company. Conor invests in early-stage companies originating from Finland, Sweden and the Baltics. Investment areas include information and communications technology, embedded software, semiconductor technology, electronics, new materials and optics.
Source: Press release
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