Finland-based Sanoma Group, an international media group, has established SanomaVentures, a venture fund focussing on early stage investments.
The firm plans to stick to startups focussing on the media, and is looking to invest between €100,000 ($130,000) and €500,000 in e-commerce, e-learning, online ads, online consumer services, and mobile and tablet apps.
The firm has a large presence in Nordic countries with media outlets in 20 European countries, and intends to use its media influence to give exposure in addition…
