Heikki E Rautajoki

Co-founder, chairman @ MedicubeX

About

Co-founder of several start-ups and advisor for over 250 start-ups and early-stage growth companies from 1998 till present. Co-founder of one of the first technology business incubators in Finland – together with Innopoli and Marketing Institute – acting as CEO and Board member 1998-2008. Pioneer in cross-border incubation, awarded by NBIA (USA) for cross-border activities in the Baltics and NW Russia. Co-founder and seed investor at Creax, MobiDiag, GAN Optoelectronics/OptoGAN, FirstExit and Future Health Solutions, and angel investor at Medigoo Oy and Wello Oy. Expertise in start-up valuations, angel investing, M&A, exit strategy and advisory services in life science innovations, medical/health and environmental diagnostics. Present and past activities: - Angel investor & evaluator at FiBAN/EBAN network since 2013 - M&A/Exit Advisor at FirstExit in affiliation with Suomen Yrityskaupat - Accredited EU Horizon2020 HealthTech evaluator 2017 - - SPARK (Finland) mentor 2018 - - European HealthTech Investment Forum Expert Jury & Coach 2017-2019 - Accredited TEKES/Business Finland Innovation service provider 2016 - - Market & business evaluation studies for Mobidiag, VTT/HUS, HelsinkiEarInstitute, AirDetec, MobiAir, ElixiOil and NovaVitaKliinik Over 30 years of experience in managing and developing business opportunities for technology growth companies in Finland and abroad. Before 1998 acting as Senior Management Consultant at KPMG, number of executive positions in Finland and North America including CEO of Exel Composites, Director of Neste LatinAm and CEO of Outokumpu Mexicana SA. Since 2009 Chairman of Creax Oy, providing M&A and business advisory services for start-ups and early stage growth companies. Graduate Aalto University / Helsinki University of Technology. Post-graduate PhD studies of Entrepreneurship at Aalto University and Executive Program at INSEAD (France).

Country

Finland

City

Helsinki

Industry

Fundraising

Skill

Start-ups, Start-up Ventures, Managing Start-ups, Business Valuation, Mergers & Acquisitions, Entrepreneurship, Business Strategy, Angel Investing, New Business Development, New Ventures, Management Consulting, Health, Materials Science, Environmental Monitoring, Strategic Planning, Business Development

Experience

Co-founder, chairman

MedicubeX Ltd

2020-3 - Present · 6 yrs 7 mos

Helsinki Metropolitan Area

Autonomous self-testing and remote appointment station

Member

Finnish Business Angels Network (FiBAN)

2011 - Present · 15 yrs

CEO

Creax Oy

2008 - Present · 18 yrs

Helsinki

Expertise in start-up valuations and fund raising, strategic and business plan consulting, M&A, team building, innovation management, market entry and other business development advisory services, such as (funded by) - MoBiDiag Oy, molecular rapid diagnostics for infectious diseases (Tekes, SITRA, Raisio), co-founder, vice-chair 2000-2003 www.mobidiag.com - MoBiAir Diagnostics Oy, environmental diagnostics and IAQ monitoring (Tekes, EU), co-founder, chairman 2003-2007 http://www.ist-world.org/OrgUnitDetails.aspx?OrgUnitId=0d8216c29ceb4ce1ba9c1aa3995e650b - OptoGAN/GAN Optoelectronics Oy, LED chip technologies (Tekes, VTN, TeSi, ViaV, Onexim), co-founder, chairman 2003-2004 www.optogan.com, www.optogan.ru - Tinnoff Oy, specializing in adaptive treatment of tinnitus and stress, (Tekes, private), www.tinnoff.com - Helsinki Ear Institute, HBOT (hyberbaric oxygen therapy), (Tekes, private) 2008-2014, www.happihoito.fi - NovaVita Kliinik AS, infertility and medical genetics, (EAS, private) 2011-2014, www.novavita.ee - Exakti Intelligence Oy, neuromarketing applications, (Tekes, private/HYR), www.exakti.fi - RVS Technology Ltd., surface restoration, (Tekes, private), www.rvs-tec.com - Ardin Software Oy, software development (Tekes, private), http://www.ardinsoftware.fi - mElement Oy/ FifthElement, software development (Tekes, JOY Capital) - NetPhone Finland Oy, net calling (Tekes, Sentica Partners, NetOne) - Geracap Oy, mobile applications (Tekes,Teleca) - Karttakone Oy, map data applications (Tekes, WM-data, Logica) - Bellstream Oy, software development (Tekes, Magnolia Ventures)

Private Investor

Medigoo Inc.

2016 - Present · 10 yrs

Helsinki Area, Finland

Executive Chairman

CreaxHealth

2007-9 - 2025-5 · 17 yrs 9 mos

Helsinki Area, Finland

Chairman of the Board, Co-founder

AirDetec Oy

2015 - 2019 · 4 yrs

Helsinki

AirDetec is developing a universal, low-cost Indoor Air Quality (IAQ) detector, monitoring all most important IAQ readings 24/7 real-time.

Member

Estonian Business Angels Network (EstBAN)

2013 - 2018 · 5 yrs

Tallinn

M&A / Exit Advisor - in affiliation with Suomen Yrityskaupat

Suomen Yrityskaupat Oy

2014 - 2017 · 3 yrs

Tallinn, Estonia

Co-founder, CEO, Board member

Technology Business Incubator / Technopolis & Marketing Institute

1998 - 2008 · 10 yrs

Helsinki

Co-founder, Chairman

Gan Optoelectronics - OptoGaN Ltd

2003 - 2004 · 1 yr

Helsinki

Education

Aalto University

Materials Sciences

Graduated from Aalto University / Helsinki University of Technology. Post-graduate PhD studies of Entrepreneurship (Helsinki School of Economics and Business Administration / Aalto University) and Executive Program at INSEAD (France).