History

Canelco's roots date back to 1980s when first regional development funds, Pikespo Invest and Savon Teknia, were founded.

1984 Pikespo Invest, development fund focusing on Pirkanmaa region, is founded

1988 Savon Teknia, development fund focusing on Pohjois-Savo region, is founded

1996-1997 Sentio Invest and Teknia Invest management company is founded and Pikespo Invest's employees are transferred to Sentio

1998 Sentio and Teknia are acquired by the Finnish Innovation Fund Sitra

Early 2000s Sentio and Teknia are privatized in stages

2004 Sentio and Teknia are merged to form Sentica Partners Oy.

2005 Sentica sharpens strategy and focuses on growth financing and buyout investments. First buyout fund (Sentica Growth Fund II) is raised

2009 Canelco Capital is founded. Key employees and Canelco bought businesses concerning SMEs acquisitions and other ownership arrangements from Sentica.