CapMan Growth

We build growth stories of the future

Significant minority investments in Nordic growth companies – from entrepreneurs for entrepreneurs.

How we work


What’s new

Our new €97 million growth fund closed

The new growth fund to make significant minority investments in growth-stage companies with ambitious growth and expansion goals. The fund has attracted some of the most successful Finnish entrepreneurs to back it.

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What’s new

Welcoming Unikie to our portfolio

The second investment from our new fund is Unikie, a Finnish technology company, founded in 2015, that develops software technology platforms for car industry, smart machinery, industry 4.0 and telecommunications. Unikie’s spearhead Unikie AI Vision, is cutting edge solution for autonomous vehicles software.

Get to know Unikie


From entrepreneurs for entrepreneurs

We invest in ambitious Nordic growth companies.

  • Typical target company

    5–100 MEUR

    Growth stage company with a turnover of €5–100 million.

  • Typical investment size

    3–20 MEUR

    We can be the sole investor or work together with other investors.

  • Typical ownership


    With us the entrepreneur maintains control.

How we work

“We evaluated numerous options, but CapMan was a clear choice. They understood the industry and our mission very well, and they had the best plan to maximize the potential of our company and brand.”

Douglas Castro

Neural DSP


  • Digital Workforce is planning an IPO

    CapMan Growth’s portfolio company Digital Workforce is planning an initial public offering and a listing on the Nasdaq First North Growth Market Finland.

  • Unikie selected growth company of the year

    CapMan Growth portfolio company Unikie has been named growth company of the year by the esteemed Kasvu Open

  • Unikie and Valmet develop next generation logistics solutions

    CapMan Growth portfolio company Unikie and automotive service provider Valmet Automotive are developing an innovative logistics solution at the car plant site in Uusikaupunki, Finland.

  • Ben Trowbridge joins Arctic Security board

    CapMan Growth portfolio company Arctic Security’s board is strengthened as Ben Trowbridge has been named as a member of its Board of Directors.

  • Our portfolio company Unikie is named Tivi-company 2021

    Finnish IT media Tivi has named the internationally growing software developer Unikie as Tivi-company of the year in Finland.

  • Digital Workforce named as a leader in Midsize RPA Services

    Our portfolio company Digital Workforce received great international recognition in the Forrester Wave Midsize RPA Services report.

  • CapMan Growth to back Emblasoft Test & Measurement

    CapMan Growth invests in Swedish Emblasoft Test & Measurement, a provider of software-based test solutions for the telecommunications industry.

  • CapMan Growth to back the growth of Unikie, software technology developer of autonomous vehicles

    In 2019 Unikie was the third fastest growing technology company in Finland and its known for software technology platforms for autonomous vehicles.

  • CapMan Growth closes its second fund at €97 million

    CapMan Growth closes its second €97 million fund which exceeded its original target size. With the new growth fund there is almost €100 million to invest in Nordic growth companies.

  • Our portfolio companies awarded in Finnish entrepreneurship awards

    Picosun and Neural DSP were awarded prestigious Finnish entrepreneurship awards by Suomen Yrittäjät ry.

  • CapMan Growth establishes a new growth fund and invests in sound processing technology leader Neural DSP

    The new fund is looking to invest in fast growing companies and has attracted some of the most successful Finnish entrepreneurs to back it. CapMan Growth has established a new €85 million growth fund which makes significant minority investments in growth stage companies with ambitious growth and expansion goals. The fund has raised €74 million […]

  • CapMan Growth appoints Heikki Vesterinen as new Partner

    CapMan Growth appoints Heikki Vesterinen (M.Sc., eMBA) as new Partner to strengthen the team to accelerate the launch of a new Growth fund, which is planned as a successor to the team’s first fund. Heikki has over 15 years of experience in growth finance, and insight into private equity from banking, M&A and advisory, in […]

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Our investments

  • Suomen Avustajapalvelut

    Finnish leader in high-quality personal assistance service

  • Sofigate

    A business technology transformation company.

  • Emblasoft
    Test & Measurement

    Software-based test solutions for the telecommunications industry

  • Unikie

    Future of autonomous vehicles

  • Neural DSP

    Cutting-edge sound processing software and hardware for musicians

  • Insplan

    Power, communication, and lighting grid engineering

See the portolio


We are a team of seven growth investment professionals. In addition to capital, we bring a wealth of know-how and experience to the table in themes like expansion, M&A, recruiting, and other cornerstones of growth.

Get to know us


Grow with us – get in touch!

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