# Top 50 Biotech Startup Investors in Finland in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Business Finland | 12 | Finland, United States, United Kingdom | Grant, Seed, Debt Financing | Software, Biotechnology, SaaS |
| Tesi | 9 | Finland, United States, Switzerland | Series A, Series B | Software, Manufacturing, Health Care |
| Voima Ventures | 9 | Finland, Sweden, Norway | Seed, Pre-Seed, Series A | Biotechnology, Health Care, Artificial Intelligence |
| Lifeline Ventures | 9 | Finland, United States, United Kingdom | Seed, Series A | Software, Health Care, E-Commerce |
| Finnvera Venture Capital | 8 | Finland, United States, Chile | Seed, Series A | Software, Health Care, Information Technology |
| Springvest | 6 | Finland | Series A, Seed | Biotechnology, Health Care, Energy |
| Butterfly Ventures | 5 | Finland, Sweden, Norway | Seed, Pre-Seed | Health Care, Software, Information Technology |
| Icebreaker.vc | 4 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Innovestor | 3 | Finland, Denmark, Sweden | Seed, Pre-Seed | Software, Health Care, Information Technology |
| Nordic Foodtech VC | 3 | Finland, Denmark, Sweden | Seed, Series A, Pre-Seed | Biotechnology, Food and Beverage, Life Science |
| Nordic Science Investments | 3 | Finland, Sweden, United States | Seed, Pre-Seed, Series A | Biotechnology, Medical, Health Diagnostics |
| Stephen Industries | 3 | Finland, Sweden | Seed, Series A, Pre-Seed | Health Care, Biotechnology, Apps |
| Sauli Törmälä | 2 | Finland | Seed | Life Science, Biotechnology |
| Leena Niemistö | 2 | Finland, United States | Seed, Pre-Seed | Health Care, Software, E-Commerce |
| VTT Ventures | 2 | Finland | Seed, Series A | Biotechnology, Manufacturing, Sensor |
| HealthCap | 2 | United States, Sweden, France | Series B, Series A | Biotechnology, Health Care, Medical |
| Inventure | 2 | Finland, Sweden, United States | Seed, Series A, Series B | Software, Information Technology, Health Care |
| European Investment Bank | 2 | Germany, France, The Netherlands | Debt Financing, Post-IPO Debt | Biotechnology, Health Care, Energy |
| Sitra | 2 | Finland, The Netherlands | Series A, Series C | Health Care, Biotechnology, Therapeutics |
| Finnish Climate Fund | 2 | Finland | Debt Financing, Series A | Energy, Renewable Energy, Manufacturing |
| EQT Life Sciences | 2 | United States, The Netherlands, Switzerland | Series A, Series B, Series C | Biotechnology, Health Care, Therapeutics |
| Fazer | 2 | Finland | Series A, Series B | Biotechnology, Food Processing |
| Pontos Group | 2 | Finland |  | Genetics, Hospital, Automotive |
| Sofinnova Partners | 2 | France, United States, United Kingdom | Series A, Series B, Series C | Biotechnology, Health Care, Medical |
| Wave Ventures | 1 | Finland, Sweden, Germany | Seed, Pre-Seed | Software, Mobile Apps, Information Technology |
| Creathor Ventures | 1 | Germany, Switzerland, United States | Series A, Series B | Software, Health Care, Biotechnology |
| Stockholm Techstars Accelerator | 1 | Israel, Norway, Sweden | Pre-Seed | Pet, FinTech, Finance |
| Aqua Spark | 1 | United States, Norway, Israel | Series A, Seed | Biotechnology, Aquaculture, Seafood |
| Kristian Ranta | 1 | Finland, United States | Seed, Pre-Seed | Health Care, Apps, Internet |
| Athensmed | 1 | Finland | Seed, Series A | Health Care, Medical, mHealth |
| Riitta Ekengren | 1 | Finland | Seed | Biotechnology, Environmental Engineering |
| Ananda Impact Ventures | 1 | Germany, United Kingdom, Finland | Seed, Series A | Health Care, Software, Information Technology |
| Horizon 2020 | 1 | Spain, Switzerland, Israel | Grant, Seed | Biotechnology, Health Care, Software |
| Capricorn Partners | 1 | Belgium, United States, The Netherlands | Series A, Series B | Biotechnology, Software, Health Care |
| The Forum Corporation | 1 | Finland | Series A | Biotechnology |
| K5 Global | 1 | United States, United Kingdom, Brazil | Seed, Series A, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Jorma Ollila | 1 | Finland | Seed | Life Science, Market Research, Quantum Computing |
| Metsola Ventures | 1 | Finland | Series A | Medical, mHealth, Health Care |
| Novartis Venture Fund | 1 | United States, Switzerland, United Kingdom | Series B, Series A, Series C | Biotechnology, Health Care, Therapeutics |
| Emerald Technology Ventures | 1 | United States, Germany, Finland | Series B, Series A | Manufacturing, Software, Energy |
| Cor Group | 1 | Finland | Seed, Pre-Seed, Series A | Health Care, Medical, Biotechnology |
| Avohoidon Tutkimussäätiö | 1 | Finland | Seed | Therapeutics, Biotechnology, Health Diagnostics |
| Agronomics | 1 | United States, Finland, Germany | Series A, Seed, Series B | Biotechnology, Food and Beverage, Food Processing |
| Ascend Capital Partners | 1 | Finland, Israel, Austria | Series A, Seed | Health Care, Medical Device, Software |
| Thames Trust | 1 | United Kingdom, Finland | Seed, Series A, Series B | SaaS, FinTech, Finance |
| Keenan Rice | 1 | United States, Finland, United Kingdom | Seed, Series A, Angel | Software, Information Technology, SaaS |
| David Helgason | 1 | United States, Denmark, Finland | Seed, Series A | Software, Gaming, Information Technology |
| XR Invest | 1 | Finland, United States | Series A, Series C | Medical Device, Sensor, Medical |
| Lundbeckfonden Ventures | 1 | United States, Denmark, United Kingdom | Series B, Series A, Series C | Biotechnology, Health Care, Therapeutics |
| Marten Mickos | 1 | Finland, United States, Sweden | Seed, Series A, Convertible Note | Software, Enterprise Software, Internet |

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