Samuel Wendelin appointed as the Director of Tesi’s Fund Investments team and member of the Management Team
13.6.2025 10:00:31 EEST | Tesi | Press release
MSc (Econ.) Samuel Wendelin has been appointed as the Director of Tesi’s (Finnish Industry Investment) Fund Investments team and as a member of the Management Team, effective 1 Sep 2025.

Enni Rautio, who served as the Interim Director of the Fund Investments team, will transition – according to prior agreement – to the role of Investment Director in Tesi’s Industrial Investments team, focusing on large-scale industrial projects.
Samuel steps into the team leadership role from his previous position as Investment Director. He has been with Tesi since 2019, and prior to that, he worked at EY, Summa Capital, and Handelsbanken.
“Tesi has entered a new strategic period, during which its role as a builder of growth has strengthened, and we are now better positioned to pursue fund investment activities at greater scale. It’s truly great to welcome Samuel into this new role from within the organization. He has grown into a top-tier professional and has been responsible for preparing Tesi’s new fund investment strategy. I’m confident that our fund investment operations will remain in capable hands,” says Pia Santavirta, CEO of Tesi.
“I would also like to warmly thank Enni, who took on the interim leadership of the Fund Investments team at the turn of the year and guided the team into the new strategic period. I’m pleased that Tesi can offer our top talent professional career opportunities in private equity. We realize career dreams together,” Santavirta continues.
“I’m grateful for the trust placed in me and excited about the opportunity to continue Tesi’s impactful work in this new role. We have a fantastic team and a lot to accomplish in supporting growth companies and developing the Finnish venture capital and private equity market,” says Wendelin.
Keywords
Contacts
Pia SantavirtaCEOTesi
Tel:+358 40 546 7749pia.santavirta@tesi.fiSamuel WendelinDirector of Fund Investments as of 1 Sep 2025
Tel:+358 50 512 5656samuel.wendelin@tesi.fiSusanna AaltonenDirector, Communications and Public AffairsTesi
Contact for communications
Tesi in a nutshell
Tesi (officially Finnish Industry Investment Ltd) is a state-owned, market-driven investment company that invests in venture capital and private equity funds and directly in Finnish startups and growth companies, and to new industrial scale businesses. tesi.fi | X (Twitter) | LinkedIn | Instagram | Bluesky | Threads | Newsletter
Tesi’s background:
- A venture capital and private equity company founded in 1995
- Officially Finnish Industry Investment Ltd
- 100% owned by the Finnish state
- Investments under management EUR 2.6 billion
- EUR 12 billion in net sales and some 70,000 jobs in Finland through those growth companies that have received financing directly from Tesi or indirectly through its portfolio funds

Alternative languages
Subscribe to releases from Tesi
Subscribe to all the latest releases from Tesi by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Tesi
ICEYE:lle miljardin rahoituskierros 10,5 miljardin euron arvostustasolla –Suomen kolmas decacorn on syntynyt9.6.2026 08:52:51 EEST | Tiedote
Suomalainen alansa johtava satelliittiyritys ICEYE on kerännyt 450 miljoonaa euroa uutta kasvupääomaa General Atlanticin johtamalla rahoituskierroksella. Yhdessä secondary-kierroksen kanssa 10,5 miljardin arvostustasolla tehty rahoituskierros nousi yli miljardiin euroon. Tesillä on suomalaisista sijoittajista suurin omistusosuus kierroksen toteutumisen jälkeen.
ICEYE raises over one billion euros at a EUR 10.5 billion valuation — Finland gets its third decacorn9.6.2026 08:52:51 EEST | Press release
Finnish satellite company ICEYE, the world leader in its segment, has raised EUR 450 million in new growth capital in a funding round led by General Atlantic. Together with a secondary placement, the round closed at a valuation of EUR 10.5 billion, exceeding EUR 1 billion in total. Following the completion of the round, Tesi holds the largest ownership stake among Finnish investors.
Suomalaiset pääomasijoitusrahastot tuottavat talouden vastatuulista huolimatta7.5.2026 00:01:39 EEST | Tiedote
Tesin (Suomen Teollisuussijoitus) tuoreen selvityksen mukaan startupeihin sijoittavien suomalaisten venture capital -rahastojen kokonaistuotot ovat kääntyneet nousuun ensimmäistä kertaa sitten vuosien 2021–2022. Vakiintuneisiin kasvuyrityksiin sijoittavat buyout- ja growth-rahastot pitävät pintansa vaikeassa irtautumismarkkinassa ja jatkavat vahvaa tuottokehitystään.
Finnish private equity and venture capital funds deliver returns despite economic headwinds7.5.2026 00:01:39 EEST | Press release
According to a new survey by Tesi (Finnish Industry Investment), the total returns of Finnish venture capital funds investing in startups have turned upward for the first time since 2021–2022. Buyout and growth funds investing in more established growth companies are holding their ground in a challenging exit market and continue their strong return development.
Tesin vuosi 2025: uuden strategian toteutus käyntiin menestyksekkäästi19.3.2026 11:30:44 EET | Tiedote
Tesin (Suomen Teollisuussijoitus Oy:n) uuden strategian toteutus lähti vuonna 2025 erittäin onnistuneesti käyntiin. Tesin tulos 178 miljoonaa euroa jatkoi edellisvuoden positiivista kehitystä, mihin vaikutti erityisesti yksittäisten sijoitusten merkittävät arvonnousut. Turbulentista maailmantilanteesta huolimatta vuoden aikana julkistettiin sekä Suomen historian suurin pääomasijoitusrahasto että suurin suomalaisen listaamattoman yrityksen keräämä rahoituskierros. Myös valtion pääomasijoitustoiminnan keskittäminen Tesiin valmistui suunnitellusti ja onnistuneesti.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom