Kvanted Oy (“Kvanted”)

Updated: August 2026

OWNERSHIP AND MANAGERS

Kvanted Fund I Ky (the “Fund”) is a limited partnership incorporated and existing under the laws of Finland and managed by its General Partner Kvanted GP I Oy. Kvanted GP I Oy has appointed Kvanted Oy (“Kvanted”) to manage the partnership. Kvanted is owned by the partners Axel Ahlström, Eerik Paasikivi and Maria Wasastjerna.

SHORT DESCRIPTION AND DETAILS OF KVANTED

Kvanted is an early-stage Venture Capital firm and industrial technology investor based in Helsinki, with geographical focus expanding across the Nordics and DACH. Kvanted invests in next-generation founders building at the intersection of industrial and deep tech. Its investment thesis is driven by three converging forces: aging industrial systems, an inflection point in technologies such as AI, quantum and advance hardware, and a strategic urgency that together are creating momentum for category-defining industrial technology solutions. The Fund’s first closing took place in May 2023, and investments began in the fall of 2023.

LIMITED PARTNER CLASSIFICATION AND GEOGRAPHICAL LOCATION

REGISTERED AIFM

Kvanted is a registered Alternative Investment Fund Manager (AIFM). This entity is supervised by the Finnish Financial Supervisory Authority.

REPORTING AND VALUATION GUIDELINES

Kvanted follows Invest Europe’s Investor Reporting Guidelines in investor reporting. The valuation of the portfolio is done in accordance with the International Private Equity and Venture Capital Valuation (IPEV) Guidelines.

FVCA MEMBERSHIP

Kvanted is a member of the Finnish Venture Capital Association (FVCA) and follows the association’s rules and guidelines. Kvanted is also a member of the Finnish Startup Community (FSC).

APPROACH TO SUSTAINABLE INVESTMENT

The Fund is carefully managed, and sustainability risks are taken into consideration when making investments. Kvanted makes the following disclosure in accordance with the Sustainable Finance Disclosure Regulation.

Integration of sustainability risks in the investment process (SFDR art. 3(1))

Kvanted integrates sustainability risks into its investment decision-making process in accordance with Article 3(1) SFDR. Sustainability risks are defined as environmental, social, or governance events or conditions that, if they occur, could cause an actual or potential material negative impact on the value of an investment.

In the initial screening, potential investments are reviewed against Kvanted’s exclusion list. The firm does not invest in companies operating in fossil fuels, weapons, tobacco, alcohol, gambling, or adult entertainment, or in companies involved in illegal activities. Kvanted also pays special attention to identifying irremediable issues such as unethical management practices and carefully assesses reputational risks.

As part of the investment process, Kvanted conducts detailed due diligence and applies a proprietary sustainability assessment using data collected through an investee company questionnaire. This ensures alignment with Kvanted’s sustainable investing guidelines and allows integration of relevant sustainability factors into relevant investment terms.

The sustainability assessment helps identify gaps in sustainability risk management, forming the basis for target setting and post-investment monitoring. Kvanted practices active ownership and keeps sustainability risk management on the board’s agenda, supported by annual sustainability evaluations. The General Partner oversees the Fund’s sustainability efforts, and Kvanted Oy’s Board of Directors is regularly informed.

Statement of no consideration of adverse impacts on sustainability factors (SFDR art. 4(1)(a))

While Kvanted does integrate sustainability risks in the investment decision-making process, Kvanted does not currently consider the adverse impacts of its investment decisions on sustainability factors under Article 4(1)(a) SFDR. The regulatory framework governing these disclosures continues to evolve, including the European Commission’s Omnibus simplification package proposed in 2025, and detailed requirements remain subject to change. Kvanted will revisit this position as the regulatory landscape clarifies and stable guidance becomes available.

Kvanted tailors its sustainability approach to each portfolio company’s stage and situation, with active ownership exercised through board representation and annual sustainability evaluations. Kvanted’s sustainability practices are set out in more detail in Kvanted’s Code of Conduct.

Transparency of remuneration policies in relation to the integration of sustainability risks (SFDR art. 5)

Kvanted’s remuneration policies are structured to the effect that these do not encourage excessive risk-taking with respect to sustainability risks. Kvanted’s investment professionals, who manage the investments against compensation, must follow Kvanted’s internal policies and procedures related to sustainability.

Transparency of the promotion of environmental or social characteristics on websites (SFDR art. 10)

The Fund is classified as an Article 8 fund, promoting environmental or social characteristics, and will invest fully in line with its investment strategy and investment restrictions. The Fund does not make and does not intend to make sustainable investments within the meaning of Art. 2 no. 17 SFDR or environmentally sustainable investments within the meaning of Art. 3 Taxonomy; hence, no portion of its investments will be aligned with the Taxonomy. Article 8 periodic disclosures are included in the fund documentation and provided annually to investors with the annual report. These pre-contractual periodic disclosures follow the mandatory templates set out in the SFDR Regulatory Technical Standards. Kvanted will disclose any significant findings related to negative impacts on sustainability factors in its annual report should they occur.   

SUSTAINABILITY-RELATED DISCLOSURES

Kvanted Fund I Ky

CONTACT FOR FUND RELATED INQUIRIES

Maria Wasastjerna, maria@kvanted.com

Kvanted Fund I Ky

00120 Helsinki

www.kvanted.com