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| 20.04.2020

South-Savo Fund

South-Savo Startup Fund invests in recently incorporated and seed-stage startups with operations in the region without sector limitations. First closing of the fund is EUR 3.5m and it consists of investments by the Cities of Mikkeli, Savonlinna and Pieksämäki – in Finland, Centre for Economic Development, Transport and the Environment, private investors and Redstone. Typical investment is EUR 25-150k in equity with the potential for follow-on investments up to 350k in total. The fund is managed by Redstone partners Oskari Lehtonen and Kaj Hagros.