Finnish VC investor Tesi has launched a new venture fund-of-funds backed by Finnish institutional investors, with a €150m capacity.
Primomiglio, Banca di Piacenza, Intesa Sanpaolo Vita, Be Shaping the Future and CRIF also take part in the round
Centerbridge Partners, which invested in the company in 2013, retains a minority stake
Company will use the proceeds to commercialise its flagship product across the US
SFO specialises in the takeover and further development of mechanical and plant engineering companies