# Top 50 Biotech VC (Venture Capital) Funds in Finland in June 2026 ## Business Finland - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 10 - Stages: Seed, Grant, Debt Financing - Focus: Software, SaaS, Biotechnology Business Finland finances business R&D projects and public research projects at universities, research institutes and universities of applied sciences. Read more about R&D and business funding. ## Lifeline Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 9 - Stages: Seed, Series A - Focus: Software, Health Care, E-Commerce Lifeline Ventures Oy is a venture capital firm specializing in startups, growth capital, and early stage investments. The firm seeks to invest in healthcare, games, web based and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. The firm targets investing between €0.5 million ($0.66million) and €1 million ($1.32 million). It seeks make inception to Series A investments. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland. ## Voima Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 9 - Stages: Seed, Pre-Seed, Series A - Focus: Biotechnology, Health Care, Artificial Intelligence Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and value adding capital. They shed light on the ideas and technology which require time and courage to build. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics,software & ICT and AI. In addition, Voima Ventures has invested in more than 30 deep tech startups, including companies like Solar Foods, Infinited Fiber Company, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and European Investment Fund (EIF), backed by Finnish private and institutional investors. ## Tesi - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 9 - Stages: Series A, Series B - Focus: Software, Manufacturing, Health Care Finnish Industry Investment Ltd is a government-owned investment company. It invests the proceeds accrued from the privatisation of state-owned companies in stimulating the growth and internationalisation of Finnish businesses.Finnish Industry Investment invests in venture capital funds and directly in growth companies, together with privateco-investors. The targets are in all sectors. Capital investments are needed for financing the growth of investee companies, and for spin-offs, major industrial investments, and sector and corporate restructurings.The investments of Finnish Industry Investment amount to over MEUR 570 ## Finnvera Venture Capital - Type: VC Fund - Location: Kuopio, Eastern Finland, Finland - Relevant deals: 8 - Stages: Seed, Series A - Focus: Software, Health Care, Information Technology Finnvera makes direct investments in early-stage enterprises through Seed Fund Vera Ltd. Finnvera's goal is to cover shortcomings existing on the market between product development funding and private equity investments. Finnvera does not compete with private financiers; instead, it strives to supplement the financial market.Finnvera'sinvestments enable, start and accelerate growth and internationalisation among investment targets. Enterprises are developed to make them attractive targets for further financing by other investors and industrial actors. Investments are made in technology enterprises at an early stage and in technology-intensive or innovative service enterprises that have potential for developing into international growth enterprises.Finnvera is also known as a specialised financing company owned by the State of Finland. It provides its clients with loans, guarantees, venture capital investments and export credit guarantees. ## Butterfly Ventures - Type: VC Fund - Location: Oulu, Oulu, Finland - Relevant deals: 5 - Stages: Seed, Pre-Seed - Focus: Health Care, Software, Information Technology Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm. ## Springvest - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 5 - Stages: Series A, Seed - Focus: Biotechnology, Health Care, Energy The Citizenship Fund started out when the founders of the company discovered in their previous positions that a promising Finnish growth company will spend a great deal of time and energy in arranging financing. A good business idea and a team with excellent team could take months in financial negotiations and the outcome could be a return to thestart-up. At the same time, investors often wanted new types of higher potential investments alongside traditional alternatives.These two challenges were possible by removing the promising growth companies as investors, even for non-traditional venture capital investors. Citizenship wanted to create a service in which the company would be able to capitalize on business quickly and flexibly, but the decision-making business would be left to the company itself. From today's point of view, Springvest's goal is that an increasing number of Finnish investors can get involved in the story of Finnish growth companies and potential success. ## Icebreaker.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 4 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms. ## Stephen Industries - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, Biotechnology, Apps We fund futurebreakthroughs ## Nordic Foodtech VC - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - Stages: Seed, Series A - Focus: Biotechnology, Life Science, Water We are investing in #FutureFood. Nordic FoodTech VC is the first fund in the Nordics investing explicitly in the future of food ## Innovestor - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Software, Health Care, Information Technology Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services. ## Inventure - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, Health Care Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more. ## Fazer - Type: VC Fund - Location: Vantaa, Southern Finland, Finland - Relevant deals: 2 - Stages: Series A, Series B - Focus: Biotechnology, Food Processing Fazer Group mission is to create taste sensations. Customer orientation, quality and operations are based. ## Nordic Science Investments - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Biotechnology, Medical, Health Diagnostics We partner with founders to transform unseen scientific discoveries into future breakthroughs, jointly moving businesses, people, and the world forward. ## HealthCap - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Series B, Series A - Focus: Biotechnology, Health Care, Medical HealthCap, a life science investor and company creator. Our motivation is to find innovative ideas and invest that could impact healthcare and society. ## Sitra - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Series A, Series C - Focus: Health Care, Biotechnology, Therapeutics Sitra is the venture capital investment arm of Sitra specializing in investments in seed, start-ups, early stage opportunities, and other funds. The firm invests through its three programmes namely, Health Care Programme, the Food and Nutrition Programme, and the Environmental Programme. Within the Health Care Programme, investments are focused oncompanies engaged in paper-free health care, seamless services, decentralised specialised health care, and support services. Within the Food and Nutrition Programme, investments are made in enterprises engaged in the food and nutrition sector, including value-adding upgrading of raw materials and new applications and service concepts in food and nutrition technology. ## Sofinnova Partners - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 2 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Medical Sofinnova Partners is a leading European venture capital firm in life sciences, specializing in healthcare and sustainability. Based in Paris, London and Milan, the firm brings together a team of professionals from all over the world with strong scientific, medical and business expertise. ## Finnish Climate Fund - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Debt Financing, Series A - Focus: Energy, Renewable Energy, Manufacturing The Climate Fund focuses on combating climate change, boosting low-carbon industry and promoting digitalisation. ## EQT Life Sciences - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 2 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Therapeutics Providing capital plus strategic, clinical, operational, financial, and commercial support to deliver the added value inventors seek. ## European Investment Bank - Type: VC Fund - Location: Luxembourg, Luxembourg, Luxembourg - Relevant deals: 2 - Stages: Debt Financing, Post-IPO Debt - Focus: Biotechnology, Health Care, Energy The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture. ## VTT Ventures - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A - Focus: Biotechnology, Manufacturing, Sensor VTT is a powerhouse of technology development and scientific research. Many of the most significant Finnish technology start-ups were brought to life at VTT. Do you want to invest in ongoing ventures? ## Pontos Group - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Focus: Genetics, Hospital, Automotive Pontos is a family owned Finnish private equity and real estate investment company operating in Finland, the Baltic States, and Portugal. ## Emerald Technology Ventures - Type: VC Fund - Location: Zürich, Zurich, Switzerland - Relevant deals: 1 - Stages: Series B, Series A - Focus: Manufacturing, Software, Energy Emerald Technology Ventures specializes in clean technology venture capital. Emerald focuses on the areas of energy, water, and materials. , Emerald manages several venture capital funds and venture capital portfolio mandates. ## Illusian Founder Office - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, Information Technology Illusian is the Founder Office of people who have founded and scaled companies like Supercell, Zalando, Wolt, Aiven, Pigment, and Smartly. While the group is still busy running their businesses, they've aligned their networks, capital, and expertise to simultaneously support the next generation of builders. ## Nordea - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Debt Financing, Seed - Focus: FinTech, Financial Services, Banking Nordea Bank is Denmark's second-largest bank and counts every fourth Dane among its customers. Through their nationwide network of some 340 branch offices and a broad range of self-service facilities, they are able to offer you a full scale of financial products and services, including Netbank, Online Investment, telephone banking and cashdispensers. ## Wave Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Mobile Apps, Information Technology Founded in 2016, Wave Ventures is the largest student-run VC in Europe, backed by Nordic unicorn founders, investing in Gen Z entrepreneurs at the earliest stage. We operate both from Finland and Sweden with a team of five people from the top universities in the region. ## Valio - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Series A, Series B - Focus: Life Science, Biotechnology We are Valio Group: the most innovative dairy and food company in the world. ## MTIP AG - Type: VC Fund - Location: Basel, Basel-Stadt, Switzerland - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Health Care, Artificial Intelligence, Medical MTIP is a growth capital investor that specializes in scaling up healthtech companies in rapidly expanding global markets. Visit our website! ## Aqua Spark - Type: VC Fund - Location: Utrecht, Utrecht, The Netherlands - Relevant deals: 1 - Stages: Series A, Seed - Focus: Biotechnology, Aquaculture, Seafood Aqua-Spark is an investment fund with a focus on sustainable aquaculture businesses around the world. The small-to-medium enterprises (SMEs) they invest in are working toward the production of safe, accessible aquatic life, such as fish, shellfish and plants, in ways that do not harm their oceans. Their investors value the fact that each investmentaims to create triple impact—specifically, each investment is chosen for its potential to generate significant financial returns while also activating positive environmental and social outcomes.Aqua-Spark believes that committing to a long-term vision is the way to realize effective and lasting impact results. When it comes to investments, they do not seek quick exits; instead, they look for entrepreneurs who strive to build and scale toward the future, who see their business as major economic opportunities that can also help solve looming environmental and food security challenges over the long-term. As an essential of each investee, Aqua-Spark seeks sustainability. ## Ananda Impact Ventures - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 1 - Stages: Seed, Series A - Focus: Health Care, Software, Information Technology We are the home for entrepreneurs with a big vision who want to create something less ordinary. Something that matters. For all of us. ## Keksintösäätiö - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Apps, Health Care, Biotechnology Keksintösäätiö ## Visionplus - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Information Technology, Internet WE HELP YOU TO GROW FASTER! ## Novartis Venture Fund - Type: VC Fund - Location: Basel, Basel-Stadt, Switzerland - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Biotechnology, Health Care, Therapeutics Learn about the approach the Novartis Venture Fund takes to investing in innovative life science companies developing biotechnology and biopharmaceutical therapeutics that address unmet patient needs. ## Tekes Venture Capital - Type: VC Fund - Relevant deals: 1 - Focus: Genetics, Hospital, Health Care Tekes Venture Capital invests in companies in their early stages of development. Its purpose is to develop Finland's venture capital market. ## Unifund - Type: VC Fund - Relevant deals: 1 - Focus: Software, Collaboration, Management Consulting Unifund Jyväskylä Ltd is to support the start-up of research-based businesses. ## The Forum Corporation - Type: VC Fund - Location: Boston, Massachusetts, United States - Relevant deals: 1 - Stages: Series A - Focus: Biotechnology Fortum Oyj is a global learning and development firm specializing in strategy execution for companies in a broad array of industries. ## Metsola Ventures - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 1 - Stages: Series A - Focus: Medical, mHealth, Health Care Metsola Ventures ## Thames Trust - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: SaaS, FinTech, Finance Thames Trust ## Valve Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Series A - Focus: Energy, CleanTech, Oil and Gas Valve Ventures is a Helsinki-based angel and early-stage venture investor. ## XR Invest - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Series C - Focus: Medical Device, Sensor, Medical XR Invest is an investment firm focused on medtech and digital health early-stage start-ups. ## Lundbeckfonden Ventures - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Biotechnology, Health Care, Therapeutics Lundbeckfond Ventures is an evergreen life science venture fund established in the autumn of 2009 and wholly owned by the Lundbeck Foundation. The structure as an evergreen fund allows flexibility in the investment approach and the possibility, when appropriate, to take a long-term perspective in the investments. On an annual basis, LundbeckfondVentures invests up to € 50 million.Lundbeckfond Ventures is a financially driven venture fund generating returns to support the group's activities and operating independently from the Lundbeck Foundation’s controlling ownerships in H. Lundbeck A/S, ALK-Abelló and Falck. ## Agronomics - Type: VC Fund - Location: Douglas, South Lanarkshire, United Kingdom - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Biotechnology, Food and Beverage, Food Processing Venture capital investment can raise funds for your small business. Venture Capital Firms in the UK like Agronomics is a biotech venture capital firm which invest into the clean meat sector. ## Tiger Global Management - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, FinTech, Financial Services Founded in 2001, Tiger Global Management, LLC (“Tiger Global”) is a New York-based investment firm pursuing a long-term approach to investing in leading, global public and private companies that leverage technological innovation. Tiger Global’s public equity business includes fundamentally oriented long/short, long-focused and crossoverstrategies, targeting investments in high-quality, public growth companies. The private equity business invests in early through late stage companies that pursue innovative approaches to new and existing industries, building on over 20 years of experience investing in hundreds of businesses in more than 30 countries with more than 90 portfolio company IPOs. With a strong track record investing across sectors and stages, Tiger Global aims to be a thought partner to companies and their management teams across their lifecycle in public and private markets. The Firm’s mission is to generate world-class returns for its investors and to do so in a way that makes its employees, partners and portfolio companies proud. ## Broadview Ventures - Type: VC Fund - Location: Boston, Massachusetts, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Health Care, Biotechnology, Medical Device Broadview Ventures, Inc. (Broadview) was established in 2008 as a new program conceived by the Leducq family. Through Broadview, the trust will work to accelerate the development of promising technology in cardiovascular and neurovascular disease through targeted investment in and support of early stage technology ventures.The FoundationLeducq, based in Paris, France, is the beneficiary of a charitable trust. In order to further the Foundation Leducq's mission in cardiovascular and neurovascular disease, the trust has made funds available to Broadview to develop a program which will promote early state technology in these fields through investments, licensing agreements and consortium funding arrangements, as well as professional, management and consulting support.With this initiative the trust joins other leaders in the venture philanthropy movement in seeking creative solutions to the problem of what is commonly referred to as the 'translational gap', a significant component of which is a lack of funding at a critical moment in the development of new technology and science. ## Takoa Invest - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series B, Series C - Focus: Biotechnology, Mobile, Retail Takoa Invest is a Finnish family-owned investment company that owns and develops companies and properties with growth potential in Finland and abroad. Takoa Invest is a Finnish family-owned investment company. It owns and develops companies and properties with growth potential in Finland and abroad. ## Stockholm Techstars Accelerator - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Pre-Seed - Focus: Pet, FinTech, Finance The Stockholm Techstars Accelerator invests in early-stage, high-growth companies looking to build and expand in the Nordic-Baltic startup ecosystem. ## H&M Group Ventures - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Series A, Series B - Focus: E-Commerce, Fashion, Textiles H&M Group Ventures is the venture capital arm of the H&M Group. ## Bridford Investments - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Biotechnology, Food Processing Bridford Investments ## Midinvest Management - Type: VC Fund - Location: Jyväskylä, Western Finland, Finland - Relevant deals: 1 - Stages: Seed, Convertible Note - Focus: Software, Information Technology, Internet Midinvest Management is a Finnish private equity firm specialized in ownership arrangements for small- and medium-sized enterprises. ## K5 Global - Type: VC Fund - Location: Los Angeles, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, Artificial Intelligence Backing category-defining companies from inception to IPO.