LUXEMBOURG — 20 November 2025 — Lifeline Ventures, the Helsinki-based early-stage venture capital firm, has chosen fundcraft to provide digital fund operations for its new €400 million Fund VI (announced in October 2025 and featured by Bloomberg), its largest fund to date and one of the biggest venture vehicles ever raised in Finland.
Founded in 2009, Lifeline Ventures has built a strong reputation for backing ambitious founders across health, games, technology, and web sectors, helping to shape the Nordic tech ecosystem. After five Finland-domiciled funds, Lifeline is now launching Fund VI as a Luxembourg SCSp.
Fund VI is backed by several major institutional investors, including some of the Nordic region’s largest pension funds and global venture capital allocators, underscoring strong confidence in Lifeline’s track record and long-term vision.
For this new structure, fundcraft will serve as central administrator, providing full back-office infrastructure and operations including KYC, capital calls, and reporting, while enabling Lifeline’s teams to self-service and initiate and oversee many workflows directly on the platform. Lifeline will act as AIFM, leveraging fundcraft’s digital-native platform and processes to enable a seamless investment experience and enhanced operational efficiency. Lifeline selected fundcraft for its productised, transparent approach to fund administration and its ability to combine institutional-grade controls with modern technology. Among the features that stood out were:
- Automated processes such as capital calls, that reduce execution time from weeks to minutes
- Bank connectivity with preferred banking partner, enabling automatic reconciliation and real-time cash management
- Predictable, bps-based pricing on capital deployed, ensuring transparency and alignment as the fund grows
This partnership also marks fundcraft’s first client in Finland, strengthening its footprint in the Nordic market.
Alexandre Dumont, Country Head Luxembourg at fundcraft, said:
We’re seeing more and more established venture capital firms choose Luxembourg as their base to scale globally. It offers the right regulatory environment, investor confidence, and international reach. When combined with fundcraft’s digital infrastructure, it becomes the perfect launchpad for global growth.”
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About fundcraft
fundcraft is Europe’s premier provider of end-to-end digital fund operations for the alternative asset management industry.
Its integrated product offering encompasses every aspect of the fund lifecycle, from fundraising and investor onboarding to daily operations, data management, and reporting. Fundcraft’s digital platform offers an open, collaborative, and transparent operating system that centralises data, processes, and interactions into a single source of truth. This enables seamless collaboration among stakeholders – fundcraft delivery experts, asset managers, auditors, tax advisors, banks and depositaries – on a unified platform.
By combining cutting-edge technology with expert service delivery, fundcraft automates every aspect of fund administration, including transfer agency, accounting, and risk management, enhancing efficiency, transparency, and control throughout the fund lifecycle. As a CSSF-licensed AIFM and central administrator, fundcraft supports over 250 Luxembourg-domiciled funds for Venture Capital, Private Equity, Private Debt, and Fund of Funds firms, representing more than €13 billion in fund commitments.
For further details, please visit www.fundcraft.lu | press@fundcraft.lu