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Redstone unveils €10 million fund targeting DeepTech, defence and energy transition in Finland

German VC Redstone has announced the launch of the North Karelia Growth Fund II, aimed at raising 10 million euros for DeepTech and energy transition initiatives. The fund is backed by various regional investors, emphasizing the growing focus on these sectors.

Nordic Startup News desk Based on reporting by EU-Startups Finland · Single-source report
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Redstone has announced the launch of the North Karelia Growth Fund II, with an aim to raise €10 million. This fund will target sectors such as DeepTech, defense, and energy transition in Finland, reflecting a strategic focus on advancing these critical industries.

The fund's backers include prominent local investors, showcasing confidence in the potential of these sectors. This initiative not only builds on the foundation set by the original North Karelia Growth Fund but also acknowledges the growing expertise and innovation within the region.

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EU-Startups Finland Open source

Redstone unveils €10 million fund targeting DeepTech, defence and energy transition in Finland

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