References/30 Mar 2012

Borenius advised Lifeline Ventures in setting up its first venture capital fund

We advised Lifeline Ventures in setting up its first venture capital fund, a €20 million fund for early stage growth companies. The target size of the fund is €30 million. We acted as the legal advisor to Lifeline Ventures and drafted the fund documentation. Lifeline Ventures is one the Vigo accelerators (www.vigo.fi). The fund has an investment period of 5 years and is anticipated to make 10 to 20 investments over the years. The fund’s focus is on health, games, web and general high technology.

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