# Top 50 Climate Startup Investors in Finland in June 2026

## Tesi
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 22
- 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

## Lifeline Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 17
- 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.

## Butterfly Ventures
- Type: VC Fund
- Location: Oulu, Oulu, Finland
- Relevant deals: 16
- 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.

## Finnvera Venture Capital
- Type: VC Fund
- Location: Kuopio, Eastern Finland, Finland
- Relevant deals: 14
- 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.

## Business Finland
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 13
- 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.

## Inventure
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 11
- 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.

## Redstone.VC
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 8
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Health Care

The Redstone team is an international and diverse group of serial entrepreneurs, investors, investment professionals, tech analysts and data scientists.

## Innovestor
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 7
- 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.

## Voima Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 6
- 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.

## Stephen Industries
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Biotechnology, Apps

We fund futurebreakthroughs

## Superhero Capital
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 5
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Internet

Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€.

## VNT Management
- Type: VC Fund
- Location: Vaasa, Western Finland, Finland
- Relevant deals: 5
- Stages: Series B, Seed
- Focus: Manufacturing, Electronics, Information Technology

VNT Management is a venture capital management company that offers its services to investors and entrepreneurs.The company offers investors with 3 venture capital funds, all of which focus on clean technology. Furthermore, it offers an IRR of 25% and a position in the top quartile of European venture capital funds. Entrepreneurs are offered withsupply management, business idea, application, and product concept development, and technology scanning and evaluation services.VNT Management was founded in 2002 and is based in Finland.

## VTT Ventures
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 4
- 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?

## Finnish Climate Fund
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- 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.

## Ali Omar
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, SaaS, Artificial Intelligence

Ali Omar is a Member of the Finnish Business Angels Network. He attended Aalto University and the University of Oulu.

## Leena Niemistö
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Health Care, Software, E-Commerce

Leena Niemistö

## Visionplus
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, Information Technology, Internet

WE HELP YOU TO GROW FASTER!

## Springvest
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- 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.

## Wave Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Internet, 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.

## Mika Ihamuotila
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Post-IPO Equity
- Focus: Sustainability, FinTech, Internet

Mika Ihamuotila - Board of Directors @ Rovio Entertainment Corporation

## Ventech
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Internet

On-the-ground expert investors in early-stage digital. Ready to meet you, wherever you are.

## True Ventures
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Artificial Intelligence

Founded in 2005, True Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups. With more than $3.8 billion under management, True provides seed and Series A financing to entrepreneurs in some of today's growing markets. With more than 40 team members including special advisors, operationsprofessionals, and founders-turned-investors, True represents one of the largest and most experienced teams dedicated to the ecosystem. The True team believes creativity flourishes when founders are supported fully and empowered to pursue brave ideas. To that end, the True Platform offers programs that inspire professional and personal growth. To date, True has helped more than 350 companies launch and scale their businesses, creating over 85,000 jobs worldwide. True was awarded Venture Firm of the Year by the National Venture Capital Association in 2018. To learn more, visit www.trueventures.com.

## Hannu Turunen
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: SaaS, Mobile, Delivery

Hannu Turunen is the Member of the Board of Exalocus. He was a Board Member at Men&Mice.

## 2C Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Pre-Seed, Seed
- Focus: Software, Renewable Energy, SaaS

2C Ventures is an early-stage venture capital firm investing in European cleantech startups driving the energy transition and circular economy. Backing visionary founders tackling climate challenges.

## Mikael Hed
- Type: Angel
- Location: Greater Los Angeles Area, California, United States
- Relevant deals: 3
- Stages: Seed, Angel, Series A
- Focus: E-Commerce, Health Care, Consumer Electronics

Mikael Hed currently works as a Chairman for Yazen. He previously worked at Rovio Entertainment as a CEO. Mikael Hed attended Tulane University - A.B. Freeman School of Business.

## Nidoco
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Health Care, Apps

Nidoco AB is a Swedish investment company whose strategy is to create long-term value through active ownership of public and private companies.

## Veli-Pekka Saarnivaara
- Type: Angel
- Relevant deals: 2
- Stages: Seed
- Focus: Gaming, Software, 3D Printing

Veli-Pekka Saarnivaara

## Innovations Kapital
- Type: VC Fund
- Location: Göteborg, Vastra Gotaland, Sweden
- Relevant deals: 2
- Stages: Series B, Series C
- Focus: Biotechnology, Health Care, Software

InnovationsKapital was founded in 1994 and is a leading independent venture capital firm for innovative growth companies in the Nordic region. The business, carried out from offices in and Stockholm, Gothenburg and New York, is focused on investments within ICT and Healthcare & Life Sciences, dynamic sectors that are rapidly expanding and whereNordic research plays an important role. The capital is provided by highly reputable Swedish and international institutional investors.

## Aura Group
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Internet, Software, E-Commerce

Aura Group is a financial services company operating out of Australia and Singapore that provides tailored wealth and funds management solutions across the Asia Pacific region. Our vision is to build trust that lasts generations.

## Turret Oy
- Type: VC Fund
- Location: Uusimaa, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Energy, Farming, Seafood

Turret Oy is an investment vehicle controlled by Paul Ehrnrooth

## First Fellow Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Artificial Intelligence

First Fellow Partners is a private investment firm built on a founder-first philosophy. We invest only our own capital, backing bold, mission-driven technology entrepreneurs from idea to lasting impact.

## PC Rettig & CO Impact
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Mining, Robotics, 3D Printing

PC Rettig & CO Impact

## Bragiel Brothers
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, FinTech

Classic arcade gaming experience

## Nordic Option
- Type: VC Fund
- Location: Oulu, Oulu, Finland
- Relevant deals: 2
- Stages: Seed, Series C
- Focus: Software, Manufacturing, 3D Technology

Nordic Option is a private equity fund focusing its investments on growth companies. It provides capital investments in small and medium-sized growth companies that have already established themselves in Northern Finland. The fund's investment strategy includes the possibility to make up to 5 early-stage growth investments with one millioneuros.The firm's value of investments in portfolio companies is approximately EUR 10 million and the value of loans granted is approximately EUR 1 million.

## LähiTapiola
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 2
- Stages: Debt Financing, Seed
- Focus: Manufacturing, Apps, EdTech

LähiTapiola is based on mutual company form, a group of companies owned by its customers, serving the personal, farm, entrepreneurial.

## LIFTT
- Type: VC Fund
- Location: Turin, Piemonte, Italy
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Manufacturing

A not-only-profit operating investment company, eager to create a bridge between innovative ideas, territory and capital.

## Emerald Technology Ventures
- Type: VC Fund
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 2
- Stages: Series B, Series A
- Focus: Manufacturing, Software, Energy

Emerald Technology Ventures specializes in clean technology venture capital. Founded in 2000, Emerald focuses on the areas of energy, water, and materials. From offices in Zurich, Switzerland and Toronto, Canada, Emerald manages several venture capital funds and venture capital portfolio mandates.

## Taaleri
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Financial Services, FinTech, Lending

Taaleritehdas Wealth Management is helping all Finns see the advantages of ownership and find their own way to own.


## Heraeus
- Type: VC Fund
- Location: Hanau, Hessen, Germany
- Relevant deals: 2
- Stages: Seed, Corporate Round, Series A
- Focus: Manufacturing, Biotechnology, Therapeutics

Heraeus, the technology group headquartered in Hanau, Germany, is a leading international family-owned portfolio company.

## Risto Siilasmaa
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, SaaS

Risto Siilasmaa is based out of Helsinki, Southern Finland and  is the Board of Direcctor of Donut Lab. He previously worked as Founder of F-Secure. Risto Siilasmaa attended Aalto University.

## Maki.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, Information Technology

We partner with deep tech and brand-driven companies obsessed in challenging category norms. The Nordics are our home, but we take on a global front in spotting the unexpected - from B2B to B2C, with a sweet spot for scientific advances, strong IP, and customer understanding that looks beyond convention.We invest in early stage companies: fromtheir inception to series A and beyond. We share in the vision of founders as champions and challengers, drawing on our experiences from scaling some of the strongest tech companies ourselves.

## CapMan
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Private Equity, Series B
- Focus: Software, Information Technology, Manufacturing

CapMan is a leading Nordic private assets management and investment company. They have built value in unlisted businesses, real estate and infrastructure for 30 years. They serve investors in the private assets class on a broad scale. Their roots are Nordic but their handprint and their networks are international.At CapMan, they build betterorganised, managed, and financially stable companies, because this contributes to overall economic well-being. More jobs and innovations equal better conditions for the society. Similarly, they invest in real estate and infrastructure, because they believe that functional high-quality environments and utilities are cornerstones for functioning societies.

## Glyn Eggar
- Type: Angel
- Relevant deals: 2
- Stages: Seed
- Focus: Gaming, Software, 3D Printing

Glyn Eggar

## David Helgason
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Gaming, Information Technology

David is a technologist, the founder of Unity Technologies, non-exec director to others, and a restless entrepreneur with a passion for creating feedback loops between innovation and teams and products, applying new and old business models to changing industries, and pushing people to do the very best they can do.David's background is inprogramming, an assortment of university dabbling, creating companies, and helping entrepreneurs. He served as CEO of Unity Technologies since co-founding it in 2003 and until October 2014, with an unflinching vision to democratize game development, and to develop technology and business models for the next phase of the games industry. David Helgason attended the University of Copenhagen.

## Valve Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Energy, CleanTech, Oil and Gas

Valve Ventures is a Helsinki-based angel and early-stage venture investor.

## UB FIGG
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Series A
- Focus: Chemical, Forestry, Recycling

UB Forest Industry Green Growth Fund ("UB FIGG") is a private equity fund investing in companies focused on plastic and other fossil fuel based material replacements, higher value and more efficient use of wood and agricultural raw material side streams and greater use of these raw materials across a wide range of intermediate and enduses.Through its investments, the Fund helps the forest and bio-based industries to create solutions to mitigate climate change. UB FIGG is a signatory of Operating Principles for Impact Management and reports on the environmental and climate impact of its investments.

## Holdix Oy Ab
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Energy, Oil and Gas, Renewable Energy

Holdix Oy Ab is a Finnish family-owned investment company situated in Helsinki. Our investment policy is based on responsible and active ownership, long-term perspective, sustainable value creation, and environmental considerations.

## Übermorgen Ventures
- Type: VC Fund
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Energy, Renewable Energy

We are an early stage VC for climate tech startups.

## Halton Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Focus: Smart Building, Energy, GreenTech

Halton Ventures operates as a venture capital firm.

## Metsa Spring
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: GreenTech, Sustainability, Chemical

We boldly invest in and support promising startups and potential innovations that explore new uses for sustainably-grown Nordic wood.
