Sparkmind.vc was founded in 2017 with a view of establishing the first Northern European venture capital fund management company focused on the learning sector. All our partners have extensive experience in the field of venture capital and a passion for learning and entrepreneurship.
Sparkmind.vc is primarily owned by its partners.
Sparkmind.vc is a registered alternative investment fund manager (AIFM) under chapter 1 section 3 of the Finnish Act on Alternative Investment Funds Managers (162/2014). We are supervised by the Finnish Financial Supervisory Authority.
Sparkmind.vc is a member of the Finnish Venture Capital Association (FVCA) and complies with the association’s rules and guidelines.
Our fund, the Sparkmind Fund LP, was established in 2019 with a total amount of investment commitments of €55,3m.
The Sparkmind Fund LP (the official company name being EduImpact Fund Ky) was established in 2019 with a total amount of investment commitments of €55,3m.
The Sparkmind Fund LP makes venture capital investments, with a focus on the learning sector in Europe. The fund makes single investments up to €5m.
The Sparkmind Fund LP has sustainable investment as its objective in accordance with Article 9 (2) of the EU Sustainable Finance Disclosure Regulation ((EU) 2019/2088, SFDR). For more information with regards to information disclosed of the Fund under Article 10 (1) of the SFDR, please see the Sustainability related disclosures document.
Public sector: 31%
Foundations and donations: 23%
Pension companies: 14%
Family offices: 8%
Private individuals: 5%
Academic institutions: 5%
General Partner: 2%
Insurance companies: 1%
Funds of funds: 1%
Other asset managers: 0%
Outside of Europe: 0%
We follow Invest Europe’s Investor Reporting Guidelines in our investor reporting. The valuation of the portfolio is done in accordance with the International Private Equity and Venture Capital Valuation (IPEV) Guidelines.