Aboa Advest
Family-owned Turku investment company founded in 2015 by Timo Ketonen; invests in VC and buyout funds and some startups, focusing on deep tech and the Baltic Sea blue economy.
USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Ketonen (Timo Ketonen and his children)
- HEADQUARTERS
- Turku, Finland
- FOUNDED
- 2015
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- SECTORS
- Deep TechClimate & Energy
- GEOGRAPHY
- FinlandEurope
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Funds (as LP)Venture capitalPrivate equityDirect investmentsImpact
Overview
Aboa Advest Oy is a family-owned investment company in Turku, founded in January 2015 and owned by Timo Ketonen (80%) and his two children. Since 2020 it invests mainly through venture capital and buyout funds, with a smaller share in direct startup investments, in Finnish and Nordic growth companies. It focuses on deep tech and the Baltic Sea blue economy and co-founded A'Pelago, which runs the Nordic Blue Accelerator.
Investment thesis
Equity investments in Finnish and Nordic growth companies, mainly through buyout and VC funds, with a deep tech and blue economy focus and a 10-year horizon; target allocation 30% buyout funds, 50% VC funds, 20% startups.
Holdings & investments (19)
- Wave Ventures
- FOV Ventures
- Innovestor
- MAKI.VC
- Node VC
- Voima Ventures
- Redstone (Redstone Blue Fund I)
- Saari Partners
- Evolver
- A'Pelago
- Cosmethics
- OneMind Dogs
- The Other Danish Guy
- Musopia
- MySpeaker
- Oceanvolt
- Sharetribe
- Verge
- eMathStudio
People
Frequently asked questions
Aboa Advest is a single family office based in Turku, Finland, founded in 2015.
Aboa Advest invests on behalf of the Ketonen (Timo Ketonen and his children) family.
Aboa Advest invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes funds (as lp), venture capital, private equity, direct investments and impact.
Aboa Advest invests in Deep Tech and Climate & Energy.
Key people at Aboa Advest include Timo Ketonen (CEO & Founder; Board member), Mikael Ketonen (Chairman of the Board), Patrik Anckar (Board member) and Iiro Hollmén (Board member and secretary).
Aboa Advest's holdings and investments include Wave Ventures, FOV Ventures, Innovestor, MAKI.VC, Node VC, Voima Ventures, Redstone (Redstone Blue Fund I) and Saari Partners, among others.
No. Aboa Advest invests its own capital and does not raise money from outside investors.