BackingMinds expands in Finland with investment in Saidot, which helps companies control their AI agents5.11.2026 14:47:02 EET | BackingMinds | Press release
STOCKHOLM / HELSINKI, 2026-11-05 - Following the recent €50 million first close of its third fund, Nordic venture capital firm BackingMinds is expanding its presence in Finland with an investment in Helsinki-based Saidot. Backed by the European Investment Fund and leading tech founders including Supercell’s Ilkka Paananen, BackingMinds is doubling down on Nordic companies tackling Europe’s biggest challenges. Saidot is building the infrastructure enterprises need to trust and scale AI agents, giving every agent clear ownership, rules and accountability. Existing investors Crowberry Capital and Ventic also participate in the round. Companies are investing heavily in AI agents, software that can carry out tasks on its own, but around half of these projects never get past the pilot stage.1 The main obstacle is trust. Companies cannot say who is responsible for an agent, what it is allowed to do or what it depends on. Nearly half of organizations have confirmed or suspected that an AI agen
















