AGGREGATE MEDIA LAUNCH VENTURE FUND IN FINLAND
Aggregate Media, a leading Media-for-Equity investor, signs agreements with Clear Channel Finland and Bauer Media Finland. Expands venture fund on the Finnish market.
Aggregate Media is the predominant Media-for-Equity investor in Sweden since 2002, with a track-record of well over 200 investments in start-ups and growth companies. Aggregate Media’s business model is to invest a substantial marketing budget in its portfolio companies allowing them to accelerate their growth and to tap into a larger market. In Sweden, Aggregate Media represents 12 of the largest media houses throughout its investment funds.
Aggregate Media has now signed agreements with Clear Channel and Bauer Media in Finland. Two separate agreements which, in combination, allows for Aggregate Media to deploy a relevant media-for-equity offer to target the Finnish venture capital scene
“We are pleased to announce the partnerships with Clear Channel and Bauer Media in Finland. Clear Channel and Bauer Media’s networks in Finland is a key building brick for providing relevant media space for ventures looking to grow their businesses on the Finnish market. Over the last years we have seen an increasing interest for the Finnish market, and there are definitely a lot of interesting ventures spinning out from Finland”, says Fredrik Malmsten, Aggregate Media.
“This setup with Aggregate Media provides us access to a highly interesting segment of small and fast growing companies, who otherwise might not have been able to become our customers at this stage due to lack of capital or knowledge”, says Timo Tammi, CEO Clear Channel Finland.
“We are looking forward to tap into the Finnish venture scene through the fund structure Aggregate Media has. There is huge amount of startups and other companies with more potential than resources. We strongly believe that Bauer Media has possibilities to help these businesses in their search for growth”, says Sami Tenkanen, CEO Bauer Media Finland
As an effect of this news Aggregate Media will start working actively with identifying, evaluating and invest in interesting investment opportunities in Finland. Amongst others, Aggregate Media will attend the conference Slush in Helsinki at the end of November.
“We are looking for innovative and fast growing companies across all sectors, but primarily B2C products and services. Companies with a proven business model, but lack of financial assets to fully utilise their market potential are more than welcome to get in touch”, says Fredrik Malmsten, Aggregate Media.
For further information, please contact:
Investment Manager, Aggregate Media
+46 704 86 93 48
About Aggregate Media
Aggregate Media was founded in 2002 and has since invested with media as expansion capital in more than 200 companies. Current and former portfolio companies include amongst others: Babyshop, MrGreen, LeoVegas, Bygghemma, Mathem, Storytel, Travelpartner,,Bythjul, Lenson, Fortnox, Outnorth, Bemz, EcoRide, Billogram, Readly,
The funds are co-owned by several major Nordic media companies spanning across all major media channels. Currently Aggregate Media invests from Aggregate Media Fund VIII KB. For more information, please visit www.aggregatemedia.com