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Jari Ovaskainen

OTHER INVESTOR TYPE
3 INVESTMENTS
2 PORTFOLIO
1 EXITS
Description

Mr. Jari Ovaskainen is an Angel Investor. He was the Founder at Iobox. He is a Board Member at Camment. He is also an Angel Investor. He served as Executive at Andersen Consulting. He serves as a Board Member at Next Games. Preon Capital Partners is an investment vehicle of Jari Ovaskainen, one of the most successful Business Angels in Europe. Jari had his first unicorn in 1999 with the founding of Iobox , a Finnish internet portal that was sold the following year to Terra Mobile (Telefonica) for €230m in cash, representing the largest Finnish VC exit in history at the time. But Jari's fame reached planetary level one decade later, when he seeded Supercell, a gaming company that built blockbusters of the caliber of Clash of Clans, Boom Beach and Hay Day. Supercell went through several M&A transactions, the last occurring in 2016 when the company was acquired by Tencent at the stellar valuation of $10.3b. In 2014 Jari invested in Advanced Accelerator Applications (AAA), a nuclear-medicine spinoff from CERN, Geneva, that develops a breakthrough radio-therapy treatment for gastro-entero pancreatic neuroendocrine tumors. Today AAA trades at the Nasdaq stock exchange with the ticker AAAP. In October 2017 Novartis announced its intention to acquire AAA for $3.9b in cash. In 2017, after selling the gaming company Boomlagoon, Jari had his last spectacular exit with the highly successful IPO of Next Games at Nadsaq FNH. Next Games trades with the ticker NXTGMS and develops global scale video games following an innovative licensing model. As of today Jari is still Next Games' largest shareholder.

Primary Investor Type
Angel (individual)
Primary Office
  • Fredrikinkatu 61 A
  • 3rd Floor
  • 00100 Helsinki
  • Finland

+358 040 0000000

Jari Ovaskainen Investments (3)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
CREAL3D 07-Jun-2018 Seed Round 00000 Electronics (B2C) Product Development 0000 0000000000
0000000 06-Sep-2017 00000 00000 000 Multimedia and Design Software Generating Revenue 0000 0000000000
000000000 18-Oct-2010 0000 00000 Entertainment Software Profitable
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Jari Ovaskainen Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000000 31-Oct-2013 000000000000000000 00.00 Completed
  • 2 buyers
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Jari Ovaskainen Team (1)

Name Title Deals Funds Boards Office Contact
Info
Jari Ovaskainen Angel Investor 0 0 Helsinki, Finland