# First Fellow Partners

> First Fellow Partners is a VC fund in Helsinki backing Software and SaaS. See 76 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Helsinki, Finland
- Total investments: 76
- Last investment: May 2026
- Lead investor: 24%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/first-fellow-partners
- X (Twitter): https://twitter.com/first_fellow
- Website: http://firstfellow.com
- Facebook: https://www.facebook.com/firstfellow

First Fellow Partners is a VC fund in Helsinki focused on Software and SaaS. A private investment firm run by Risto Siilasmaa and Kim Groop. Grounded in a deeply held set of values around entrepreneurship, trust, integrity and helping solve the world’s problems. We partner with strong and ambitious technology entrepreneurs driven by a mission to fix or build something important in the world.

## Contacts

5 contacts available for First Fellow Partners. Shizune tracks 2 team members at First Fellow Partners. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/first-fellow-partners?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $500k–$8M |
| Pre-Seed | $228k–$1.7M |
| Series A | $2.2M–$26M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 19 | 25% |
| SaaS | 9 | 12% |
| Artificial Intelligence | 6 | 8% |
| Machine Learning | 5 | 7% |
| Information Technology | 5 | 7% |

91 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 22 | 29% |
| Series A | 15 | 20% |
| Pre-Seed | 11 | 14% |
| Funding Round | 8 | 11% |
| Series B | 7 | 9% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Finland | 36 | 47% |
| United States | 5 | 7% |
| Sweden | 2 | 3% |
| Estonia | 2 | 3% |
| Norway | 1 | 1% |

7 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Kim Groop | Managing Partner & co-founder | 16 | https://shizune.co/investors/profile/kim-groop |
| Risto Siilasmaa | Co-Founder | 24 | https://shizune.co/investors/profile/risto-siilasmaa |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Quanscient | Quanscient develops multiphysics simulation software utilizing quantum computing algorithms to improve simulation technology. Its Computer Aided Engineering (CAE) platform integrates a unique combination of cloud-native multiphysics solvers, advanced cloud computing, and future quantum integration. The platform also offers engineers over ahundredfold increase in simulation throughput to enable fully digital R&D processes, addressing complex technology challenges in industries like fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace. | $11.6M | Series A | May 26, 2026 |  |
| CRACI | CRACI is a platform that automates EU Cyber Resilience Act compliance for product and service companies. It also secures software supply chains against attacks and vulnerabilities. | $1.6M | Pre-Seed | May 19, 2026 |  |
| Endform | Endform is a software development firm specializing in solutions for test automation, with a primary focus on web applications and websites. | $1.7M | Pre-Seed | Mar 12, 2026 |  |
| Hamina Wireless | Hamina Wireless is a tool for designing wireless networks, from Wi-Fi 6E to 4G, 5G, BLE, Zigbee, and more. |  | Seed | Jul 18, 2025 |  |
| IXI | Pixieray modernizes traditional eyeglass optics by introducing a pioneering adaptive solution giving anyone perfect vision. |  | Series A | Apr 28, 2025 |  |
| Elva | Elva wants to make recruiting internationally as straightforward as hiring domestically so businesses can easily add the greatest people to their teams. | $1.4M | Pre-Seed | Mar 10, 2025 |  |
| FinanceKey | FinanceKey is a software company making APIs that integrate multiple banks and treasury for real-time payments and automate workflows. | $3.1M | Seed | Jan 15, 2025 |  |
| Quanscient | Quanscient develops multiphysics simulation software utilizing quantum computing algorithms to improve simulation technology. Its Computer Aided Engineering (CAE) platform integrates a unique combination of cloud-native multiphysics solvers, advanced cloud computing, and future quantum integration. The platform also offers engineers over ahundredfold increase in simulation throughput to enable fully digital R&D processes, addressing complex technology challenges in industries like fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace. | $5.7M | Series A | Nov 05, 2024 |  |
| Louhe | Louhe provides data driven security culture with explainable AI. | $3.3M | Seed | Oct 14, 2024 |  |
| Cadentia Technologies | Cadentia enables direct and personal relationships between B2C companies and customers. Cadentia's software toolkit empowers B2C companies to create AI powered brand companions that engage with the customers in conversational customer journeys. Conversational, dialog-based customer journeys enable you to listen to, understand, and meet everysingle customer's needs individually. | $1.1M | Pre-Seed | Jun 01, 2024 |  |

10 of 76 investments shown.

## Co-investors
- [Inventure](https://shizune.co/investors/profile/inventure-oy) — VC Fund, 10 deals together
- [Lifeline Ventures](https://shizune.co/investors/profile/lifeline-ventures) — VC Fund, 10 deals together
- [Maki.vc](https://shizune.co/investors/profile/maki-vc) — VC Fund, 9 deals together
- [Tesi](https://shizune.co/investors/profile/tesi) — VC Fund, 6 deals together
- [Illusian Founder Office](https://shizune.co/investors/profile/illusian-family-office) — VC Fund, 4 deals together
- [Tiny Supercomputer Investment Company](https://shizune.co/investors/profile/tiny-vc) — VC Fund, 4 deals together

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### Similar country
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## FAQ

### What does First Fellow Partners invest in?

First Fellow Partners invests primarily in Software, SaaS and Artificial Intelligence startups, most often at Seed and Series A stage. Most of the 76 investments tracked by Shizune back companies in Finland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is First Fellow Partners's check size?

First Fellow Partners typically joins rounds of $500k–$8M at Seed, $228k–$1.7M at Pre-Seed and $2.2M–$26M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds First Fellow Partners participates in.

### How do I contact First Fellow Partners?

Public channels for First Fellow Partners include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at First Fellow Partners?

The team at First Fellow Partners includes Kim Groop (Managing Partner & co-founder) and Risto Siilasmaa (Co-Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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