Ownershop and managers

The IPR.VC Fund I KY, IPR.VC Fund II Ky and IPR.VC Fund III are limited partnerships incorporated and existing under the laws of Finland and are managed by their General Partners IPR.VC Fund GP Oy (Fund I), IPR.VC Fund II GP Oy and IPR.VC Fund III Oy respectively, which in turn are owned by and have appointed IPR.VC Management Oy (IPR.VC) to manage the partnership. IPR.VC Management Oy is owned by the partners Timo Argillander, Tanu-Matti Tuominen, Jarkko Virtanen, Eeva Ahdekivi and their holding companies.

Short description of the fund and establishment

IPR.VC is a seed and growth stage VC management firm in Helsinki. The firm invests in media and entertainment companies and IP assets. The first closing of the Fund I was in September 2015 and investments to portfolio companies started late 2015. For the Fund II, the first closing was in September 2019, and investing began in late 2019. Funds I and II have ended their investment period. Fund III first closing and commencement of investment period was in November 2023.

Timo Argillander (timo (at) and Tanu-Matti Tuominen (tanu-matti (at)

We currently actively invest from a 60,5M€ IPR.VC Fund III Ky in terms of new initial investments.

Fund I EUR20m Investors

Fund II EUR65m Investors

Fund III EUR60,5m Investors

Fund I

Target assetSegmentYear of investment
Blidz OyInternet2016
Brooklyn King OyFilm2016
Film and Music Entertainment LtdFilm2018
Fire Monkey OyTV2020
Fisher King OyTV2015
Gigglebug Entertainment OyAnimation2016
Helsinki Immaterial OyFilm, TV2016
Lightneer OyGame2016
Mamocita OyFilm2017
NTRNZ Media OyTV2018
Tähtiloiste Elokuvatuotanto OyFilm2016

Fund II

Target assetSegmentYear of investment
A24 Distribution, LLCFilm2020
AGC StudiosTV2022
Atlantic Nomad LtdTV2020
Film Slate Nordic Ky
(XYZ Films slate)
Take Two StudiosTV2022

Exited Investments

Target assetSegmentExit
Cohu Experience OyInternet2018
Cone Entertainment OyMusic2021
Elysian Film Group LtdFilm2019
Film and Music Entertainment LtdFilm2018
Gutsy Media OyTV2019
Koukoi Games OyGame2021
Luminoir OyTV2016
Mogul Movies OyFilm2019
Pod entertainment AbAnimation2020
Rival Games OyGame2021
Salla Simukka OyFilm2020
Tribeflame OyGame2021
Tubecon OyEvent2021
Tunnel Ground Oy /
Orico Interactive
Unique EntertainmentMusic2018