Genuine northern ownership.
Helping small and medium-sized companies to grow in Northern Finland
Nordic Option is a reliable and responsible development partner for companies already on the path to growth. Our venture fund operates as an LLC, and we focus our investments on growing small and medium-sized companies located in Northern Finland. Our criteria for investing are verified growth and significant growth prospects.
In our partnerships we take advantage of the substantial networks we have built, our previous experience from growing companies, and the processes and tools we have developed along the way.
We provide companies with good prospects for growth and vouch to also give support throughout possible hardships. Our partnerships are built on transparency and mutual trust, which nurtures growth and expansion.
Nordic Option Oy ownership is genuinely in Northern Finland.
Nordic Option is owned by 29 companies, communities and municipalities in the area.
- Arvo Sijoitusosuuskunta 34,23 %
- Oulu ICT Sijoitus Oy (Partnera) 34,23 %
- The City of Oulu 18,48 %
- Municipality of Kempele 1,46 %
- Keskinäinen vakuutusyhtiö Kaleva 1,46 %
- Nordea Pankki Oyj 1,46 %
- Rest of the owners combined 8,8 %
Transparency, honesty, and human interaction are essential in building trust, which in turn is the foundation of a successful partnership.
We stay active and constantly develop our knowledge further to ensure that the growth we build lasts.
We systematically develop our practices in good administration. We demand environmental and societal responsibility to be taken into account when conducting business.
By keeping the long-term trajectory and goals of our partners in mind when building them up, we can ensure great performance and value creation.
Offering comprehensive growth
Nordic Option enables comprehensive growth in Northern Finland. We have participated in Kasvu Open and Polar Bear Pitching and are partnered with Business Oulu. We also invest small-scale in companies in their infancy. We provide long-term growth for companies throughout their development paths.
The story of Nordic Option begins in the early 90’s, when Finnvera and municipalities in Northern Finland founded a venture capital called Teknoventure Oy. In its first years Teknoventure made investments in companies in their early stages, whereas later on the focus has been more on growth state companies.
In 2014 Finnvera Oyj relinquished its majority stake by selling its shares to private investors Arvo Sijoituskunta and Oulu ICT Sijoitus Oy, the latter of which is owned by Partnera Oyj. The change in ownership also saw the fund change from public to private.
Board of directors & team
The CEO of Nordic Option is Jaakko Lampela, (M.Sc. in accounting and finance). Serving as its Investment Director is Teemu Puumalainen, (M.Sc. in accounting and finance).
The board of directors makes its investment decisions based on the proposals of the CEO and Investment Director. The members of the board have broad experience from investing and entrepreneurship. Additionally, when needed, Nordic Option can use its extensive network of advisors.
Jari is the CEO of Arvo Sijoitusosuuskunta. He has over 30 years of experience from corporate finance and restructuring.
Sami is currently acting as CFO of Suomen Autokauppa. Previously he has served as the Acting CEO of Partnera Oy and as a Senior Manager at KPMG Oy Ab. Sami has garnered broad experience from corporate management, mergers, acquisitions and restructuring, due diligence tasks, evaluations, and corporate finance assignments.
Kati is currently acting as the Investment Director of Arvo Sijoitusosuuskunta. Previously she has served as the CEO of Arvo Sijoitusosuuskunta for 5 years. Additionally, Kati serves as the CEO of Arvo Invest Nordic Oy and is a member of the board for numerous other entities. She has approximately 17 years of experience from finance and investing.
Juha has lengthy experience from executive positions in international electronics industry. Currently Juha is serving as the Director of Economic Development at BusinessOulu.
Tommi is a Managing Director. He has approximately 15 years of experience in sales, management, and strategic development of growing businesses in the ICT sector. He combines strong technical and business education with practical experience in sales, marketing, and communications.