# Top 50 Consumer Startup Investors in Finland in June 2026

## Tesi
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 16
- 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: 14
- 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.

## 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.

## Finnvera Venture Capital
- Type: VC Fund
- Location: Kuopio, Eastern Finland, Finland
- Relevant deals: 12
- 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: 12
- 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.

## Maki.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 10
- 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.

## Innovestor
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 9
- 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.

## Ali Omar
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 8
- 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.

## VTT Ventures
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 8
- 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?

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

## 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€.

## Redstone.VC
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 5
- 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.

## Conor Venture Partners
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 5
- Stages: Series A, Series B, Seed
- Focus: Software, Analytics, Semiconductor

Conor Venture Partners is a new breed technology venture capital fund and management company. Conor invests in early-stage companies originating from Nordic and Baltic countries. Investment areas include information and communications technology, embedded software, semiconductor technology, electronics, new materials and optics.

## Reaktor Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Internet, Software, E-Commerce

Reaktor Ventures has moved to the next phase by focusing its efforts to actively supporting current portfolio companies. This means that the fund has ended its investment period and is not investing into new companies. Between 2013 and 2018 we have invested into 42 different companies and one early stage fund. We will naturally keep makingfollow-up investments to current portfolio companies.

## First Fellow Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- 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.

## Voima Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- 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.

## Ilkka Paananen
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, FinTech

Ilkka Paananen, is the CEO and co-founder of Supercell, the Helsinki-based mobile games developer behind Clash of Clans, Hay Day, Boom Beach, Clash Royale and Brawl Stars. Since its founding in 2010, Supercell's five games have amassed 100m daily players and remain in the global top 10 years after launch. In June 2016, Supercell became thefirst European technology start-up to reach a valuation of $10 billion.In addition to his role at Supercell, Ilkka helps other entrepreneurs as both an investor and as an active member of the Nordic startup community where he mentors and coaches other founders. Alongside his co-founder Mikko Kodisoja, he has established the We Foundation to fight social inequality and help disadvantaged children in Finland.Prior to founding Supercell, he was the CEO & co-founder of Finnish games developer Sumea, which was later acquired by Digital Chocolate, where he worked as President until 2010. Ilkka holds a Master of Science degree from the Helsinki University of Technology.

## OP Financial Group
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Debt Financing, Post-IPO Debt, Series A
- Focus: Energy, Renewable Energy, FinTech

OP Financial Group is one of the largest financial companies in Finland. It consists of 180 cooperative banks and their central organization. The financial group has over 1.4 million customer-owners

## FOV Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Gaming, 3D Technology

FOV Ventures invests in early-stage European companies across Spatial Computing, AI, 3D, and Robotics.

## Leena Niemistö
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Health Care, Software, E-Commerce

Leena Niemistö

## Centre for Economic Development, Transport and the Environment
- Type: VC Fund
- Relevant deals: 3
- Stages: Grant
- Focus: SaaS, FinTech, Lighting

The Centres for Economic Development, Transport and the Environment (ELY Centres) are responsible for the regional implementation and development tasks of the central government.Finland has a total of 15 ELY Centres, which are tasked with promoting regional competitiveness, well-being and sustainable development and curbing climate change.ELY Centres have three areas of responsibility:- Business and industry, labour force, competence and cultural activities.- Transport and infrastructure.- Environment and natural resources.

## VNT Management
- Type: VC Fund
- Location: Vaasa, Western Finland, Finland
- Relevant deals: 3
- 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.

## Supercell
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Gaming, Video Games, PC Games

Visit Supercell.com and find out more about us and our games.

## 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.

## 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.

## Firstminute Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

firstminute is a seed fund backed by over 130 unicorn founders and a world-class community.

## Metsa Spring
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 3
- 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.

## Tiny Supercomputer Investment Company
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Backing great companies when they're tiny

## John Lindfors
- Type: Angel
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 3
- Stages: Series A, Seed, Series D
- Focus: E-Commerce, Eyewear, Internet

John Lindfors is a Co-Founder of DST Global. He previously worked at Goldman Sachs as the head of tech and media investment banking in the EMEA region before transitioning to Digital Sky Technologies in 2010.

## OpenOcean
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Series A, Series B, Seed
- Focus: Software, Information Technology, SaaS

OpenOcean is an early-stage venture capital firm investing in B2B software across Europe with offices in London & Helsinki.

## Illusian Founder Office
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- 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.

## Ventech
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- 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.

## Amazon Alexa Fund
- Type: VC Fund
- Location: Seattle, Washington, United States
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Artificial Intelligence, Machine Learning

The Amazon Alexa Fund is Amazon’s venture capital fund investing in artificial intelligence, frontier tech, voice, robotics, and digital health across consumer and enterprise. We invest in early- to growth-stage companies globally. To learn more, visit us at alexafund.com.

## Mikko Kuitunen
- Type: Angel
- Location: Tampere, Western Finland, Finland
- Relevant deals: 2
- Stages: Angel, Pre-Seed, Series C
- Focus: Mobile, Hardware, Software

Mikko Kuitunen is the Founder and Executive Chair at Vincit. He attended Tampere University of Technology 1965-2018.

## Zach Shelby
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Internet of Things, Hardware, Software

Zach Shelby is the Co-Founder & CEO at Edge Impulse.

## Otto Hilska
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: E-Commerce, Advertising, Electronics

Otto is a serial entrepreneur who started his first software company at the age of 18. His second company Flowdock raised money from Silicon Valley and got acquired by Rally Software in 2013. After that he spent four years scaling Smartly.io from 30 to 350 people as the Chief Product Officer.After leaving Smartly.io, Otto started working on yetanother startup. Founded in November 2019, Swarmia is building a B2B SaaS product to help self-organizing software teams to continuously improve their ways of working based on data from development tools.Otto has served as the chairman of Startup Foundation, that’s behind the Slush conference, Junction hackathon, Maria 0-1 startup space, and many other ecosystem projects.

## 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.

## Vsquared Ventures
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Artificial Intelligence, Semiconductor, Manufacturing

Vsquared Ventures invests in early-stage deep-tech companies that are tackling society's most pressing challenges, with a focus on quantum and novel computing, green energy, robotics, AI/ML, new space, synthetic biology, and healthcare. It is committed to a partnership and will go to any length to help accelerate and scale vision,unlocking all seemingly impossible possibilities.

## Salvia
- Type: VC Fund
- Location: Holzkirchen, Bayern, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Analytics, Health Care

Salvia operates as a Family Office that has transitioned into a venture capital investor with an entrepreneurial focus. The organization concentrates on innovative startups within the deep-tech and scientific domains. Its mission is to discover talent and viable business models, invest in them, and foster the development of sustainable companies.

## Harwick Overseas
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Fashion, E-Commerce, Marketplace

Harwick Overseas is an investment company managed by Jari Ovaskainen.

## Janne Jormalainen
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Pre-Seed, Angel
- Focus: B2B, SaaS, Hardware

Janne Jormalainen is a Co-Founder and Chairman of the Board at New Nordic School. He is also a serial entrepreneur and angel investor.

## Vito Ventures
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, Information Technology, Internet of Things

Die Digitalisierung stellt uns vor neue Herausforderungen, denen wir mutig begegnen. Mit VC/O gestalten wir die Zukunft mit und investieren in sie.

## Nuard Ventures
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: IaaS, Video, Fashion

Nuard Ventures invests in innovative early stage companies. 

## Icebreaker.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- 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.

## Samsung Venture Investment
- Type: VC Fund
- Location: Seocho, Seoul-t'ukpyolsi, South Korea
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Information Technology, Software, Health Care

Samsung Venture Investment is plays the role of driving the discovery and development of new businesses and technologies.

## 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.

## Tiny VC
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Backing great companies when they're tiny

## Summit Partners
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 2
- Stages: Private Equity, Series B
- Focus: Software, Information Technology, Health Care

Summit Partners is a global alternative investment firm that invests in growth equity, fixed income and public equity opportunities in technology, healthcare and other growth sectors.

## Leaguer Venture Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Manufacturing, Advanced Materials, Artificial Intelligence

Shenzhen Leaguer Venture Capital Co., Ltd. is a high-tech venture capital company founded by Research Institute of Tsinghua University in Shenzhen (RITS) in August 1999. Its current registered capital is RMB 333.3333 million, managing assets amounted to RMB 1.5 billion. With solid capital strength, rich experience of investment and flexiblemechanism, Leaguer VC has invested more than 50 portfolio companies, ranging from IT, new material, medicine, electronics to optomechatronics and hi-tech incubators, etc. The average IRR for the current investments exceeds 30%. Leaguer VC has successfully finished its fund-raising of RMB 160 million in 2009 and set up fund management companies and venture capital companies located in Changzhou and Wuxi.

## Forvia
- Type: VC Fund
- Location: Nanterre, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Corporate Round
- Focus: Automotive, Software, Electronics

FORVIA is a leading technology supplier in the automotive industry. We are a global tech company, placing Sustainability at the heart of our activities and relying on our people to address the challenges of our industry.
