Illusian
Overview
Illusian is a research and investment company, operating as the family office for a group of founders and operators from successful European tech companies like Supercell, Wolt, and Zalando. It invests its own capital and co-invests with venture funds in startups from pre-seed to growth, aiming to support the next generation of entrepreneurs. The firm has both a venture and a philanthropy arm. It is specifically noted as the family office of Ilkka Paananen, the co-founder & CEO of Supercell.
Portfolio Companies
21
Website
illusian.orgInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Elicit | Sep 2023 | Seed | Co-investor |
| Riff | Oct 2025 | Series A | Co-investor |
| Moritz | May 2026 | Seed | Co-investor |
| Ontik | May 2025 | Seed | Co-investor |
| Trace.Space | Feb 2025 | Seed | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Illusian based?
Illusian is headquartered in Helsinki, Uusimaa, Finland.
When was Illusian founded?
Founding year information for Illusian is not publicly available.
How many portfolio companies does Illusian have?
Illusian has 21 portfolio companies in Caplight's dataset.
What are some companies in Illusian's portfolio?
Portfolio companies visible on Caplight include Elicit, Riff, Moritz, Ontik, Trace.Space.
What was Illusian's most recent investment shown here?
Illusian's most recent investment in this portfolio sample was in Moritz in 2026.
What sectors does Illusian focus on?
Illusian focuses on Consumer & Commerce, FinTech, Consumer & Commerce, Mobility, Transportation & Logistics, Healthcare & Life Sciences, Enterprise Software, Media, Entertainment & Gaming, Frontier & Industrial Tech, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Consumer & Commerce, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, Frontier & Industrial Tech, Consumer & Commerce, Enterprise Software, Enterprise Software, Telecommunications & Networking, Enterprise Software, AI, Data & Cloud Infrastructure, Consumer & Commerce, Enterprise Software.
What company stages does Illusian focus on?
Illusian typically invests at the Early stage.