Illusian
Also known as Illusian Group Oy, Illusian Capital Oy, Illusian: The Founder Office
Helsinki "founder office" pooling the own capital of a group of tech founders and operators; co-invests in start-ups from pre-seed to growth and funds philanthropy.
USEFUL FOR Fund managers raising capital · Founders · Business owners seeking a long-term partner · Co-investors
Identity
- HEADQUARTERS
- Helsinki, Finland
- FOUNDED
- 2014
- OUTSIDE CAPITAL
- Yes — also manages others' money
Investment approach
- GEOGRAPHY
- Europe
- STAGES
- Pre-SeedSeedSeries ASeries BGrowth
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Venture capitalDirect investments
Overview
Illusian describes itself as a founder office for a group of founders and operators from companies such as Supercell, Zalando, Wolt and Aiven. It says it invests only its own money, from pre-seed to growth, always as co-investments alongside venture funds, and also backs philanthropic initiatives. Its management company Illusian Capital Oy is an alternative investment fund manager licensed by the Finnish FIN-FSA and also provides asset management to clients, mainly through funds. Illusian Group Oy was registered in Helsinki in 2014.
Investment thesis
Invests only its own money, from pre-seed to growth, always as co-investments with leading venture funds, to help build the next generation of European high-growth companies.
Holdings & investments (8)
- Artificial Intelligence
- Software & SaaS
- Artificial Intelligence
- Software & SaaS
- Deep Tech
- Artificial Intelligence
- Artificial Intelligence
- Biotech & Life Sciences
People
Frequently asked questions
Illusian is a multi family office based in Helsinki, Finland, founded in 2014.
Illusian invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes venture capital and direct investments.
Illusian invests at Pre-Seed, Seed, Series A, Series B and Growth stages in Artificial Intelligence, Software & SaaS, Deep Tech and Biotech & Life Sciences.
Key people at Illusian include Ilkka Paananen (Founder-member (Supercell)), Marianne Vikkula (Founder-member (Wolt)), Oskari Saarenmaa (Founder-member (Aiven)) and Miika Huttunen (Founder-member (Realm)).
Illusian's holdings and investments include DeepL, n8n, Suno, Linear, Makiina, Baseten, Nexos AI and Gameto.
Yes. Illusian manages capital from outside investors.