Ventech
January 18, 2016

Ventech expands into Scandinavia and appoints Tero Mennander to lead this effort

Ventech expands into Scandinavia and appoints Tero Mennander to lead this effort

Paris-created Venture Capital firm Ventech pursues its unique Sino-European strategy and expands
its European platform towards the Nordics, a rapidly growing hotbed for investments into innovative
new companies.
Tero Mennander joins the team to open Ventech’s new office in Helsinki. It constitutes Ventech’s
fourth base-camp, after successfully setting up shop in Paris (1998), Shanghai (2008) and Munich
(2013). Tero will lead the firm’s investment activities in the region, focusing on high-growth innovation driven
companies, primarily around the formidable technology hubs of Helsinki, Stockholm and
Copenhagen.
Tero brings his 25-year experience in the technology sector acquired in various roles on the
entrepreneurial as well as the investors’ side. Most recently, he was founder and CEO of PulseOn Oy
(connected wearables). Prior to Pulse On, he was heading Nokia’s Business Development activities in
the areas of corporate development and venturing where he specifically concentrated on innovation
in mobile payment or connected devices. Before that, he worked as an investor for Nordic Ventures
Partners and previously for Sitra. He can speak Finnish, Swedish, English and French and understands
Russian.
Jean Bourcereau, Managing Partner with Ventech, says: ‘We are very excited to extend our reach to
the Scandinavian market with Tero. Our goal is to repeat our success-story in Germany where Christian
Claussen has managed in a very short time frame to position Ventech as a local partner for German
entrepreneurs, giving them access to the international network of the firm. With this new move, we
strengthen our position as a strong partner for Europe’s most ambitious entrepreneurs in the digital
economy’.
Tero Mennander comments: ‘I am extremely enthusiastic about joining a well-established European
fund and will push hard to further establish our brand in Scandinavia. ’Paris-created Venture Capital firm Ventech pursues its unique Sino-European strategy and expands
its European platform towards the Nordics, a rapidly growing hotbed for investments into innovative
new companies.