Digi.fi event. Investment topics, Innovation Money Cycle.

1. H e l s i n k i - S h a n g h a i
Exciting VC Investment Topics, May 2012
Sami Lampinen, Inventure Oy

2. 2011 facts
• 14 portfolio companies
• 470 employees
• EUR 70m in 2011 revenue
• Sales growth 55% in 2011
• 4% of revenue from Finland
• Finnish ownership +80%

3. Topic 1: Future materials & material
processing
• From micro to nanoelectronics
– from nano to molecular and atom –size materials
• Carbon as a future source of materials, metals, semiconductors,
transistors, energy storage
• Processes for converting/transforming widely available existing
materials (H2O, CO, Ag) into BigBang IPR
• Converting, refining, reusing existing scarce material inventory

4. Topic 2: Automated society
• From data capture to data analysis, to cloud storage and big data
• From Big to AllData: Automated & assisted transactions using all
the information available, everywhere, all the time.
– 247 AllData on consumer behaviour, purchase &
consumption, automated ordering, forecasting
– Health sensoring, measuring, predicting your health and life.
Advising on medication, preventing the worst.
– Environmental modelling, energy & weather, pollution.
– Traffic, logistics, waste

5. Topic 3: Life at Work / Workstyle
• From Ctrl-Alt-Del to SaaS, Dropbox & SlideShare
• From iPad access to Work at any location with any Device
– Services and technologies enabling project based and virtual
team based assignments, for multiple sets of employers
– Multiple working environments and distributed tasks
– Paid by $25 per hour to $0,03 per task or or
– Value based work with a bonus every hour?
– Do social networks correlate to employee retention?

6. Innovation Money cycle
Innovations
Research
Inventions
Entrepreneurs Value
growth
Wealth
creation

7. Radical Owner Actions for Finland
• Extreme industry focus in capturing and securing globally
leading technology research domains
• Revolution of Finland into a Start-up haven with truly tropical
entrepreneurial climate
• Maximise the value creation and Wealth accumulation to Finnish
entrepreneurs, owners & investors
• Increase, nurture and capitalize on the Assets of Finland
• Turbocharging the Innovation money cycle: Invest - Innovate –
Grow – Exit.... Re-invest – Innovate – Grow – Exit....

8. Innovation vs. Money cycle
Innovations
Research
Inventions
Entrepreneurs Value
Growth
Finland Wealth
Creation

9. Inventure – the leading early-stage investor in Finland
• Full focus on commercializing innovations and early-stage technology
companies
• Funds under management +53 M€
• Offices in Helsinki, Finland and Shanghai, China
• Value creation strategy driven by lead investor responsibility, hands-on
approach, and full investment capacity
• Professional team with solid track record in the Nordic venture capital and
with broad industrial network
• Portfolio examples include Freespee, Silex Microsystems, Beneq, Thinglink,
Rightware and Valon lasers

10. Inventure ecosystem
Nanotechnology Mobile & Media IPR-rich
Compotents Software Cleantech
Investee companies Investee companies Investee companies
Customers
Customers Customers

11. 3 P’s
• People
– Everything is people’s business
• Product
– Niche, scalable products
– First mover advantage, disruptive technology, or explosive
consumer appeal?
• Passion
– Real commitment
– Positive energy and drive

12. 3 T’s
• Team
– Are we backing the superstar or the team?
– Our role as a VC?
• Time
– Reality. Don’t fund any business too early.
• Targets
– What do you measure, KPIs?
– Where to focus and when?

13. 3 E’s
• Entry
– Very significant for the VC
– What is needed to reach the next level and when
• Execution
– Execution of the vision, strategy and expectations
– Responsibilities of different team members
• Exit
– Crystal clear plan, or
– Boost the disruption