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Top 50 Consumer VC Funds & Investors in Finland (October 2026)

The most active venture capital funds investing in Finland Consumer startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Consumer startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Lifeline Ventures
VC Fund
17 Finland, United States, United Kingdom Seed, Series A, Venture - Series Unknown Software, Health Care, Artificial Intelligence $430k–$22M
Tesi
VC Fund
16 Finland, United States, Switzerland Series A, Series B Software, Manufacturing, Information Technology $2.4M–$46M
Business Finland
VC Fund
14 Finland, United States, Sweden Grant, Seed, Debt Financing Software, SaaS, Biotechnology $50k–$10M
Innovestor
VC Fund
14 Finland, Sweden, Denmark Seed, Venture - Series Unknown, Pre-Seed Software, Health Care, Information Technology $204k–$5.1M
Butterfly Ventures
VC Fund
13 Finland, Sweden, Norway Seed, Pre-Seed Software, Health Care, Information Technology $110k–$4.3M
Finnvera Venture Capital
VC Fund
12 Finland, United States, Chile Seed, Series A Software, Health Care, Manufacturing $250k–$23M
Maki.vc
VC Fund
10 Finland, Norway, Denmark Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $578k–$37M
VTT Ventures
VC Fund
10 Finland Seed, Venture - Series Unknown, Series A Manufacturing, Biotechnology, Electronics $460k–$14M
Superhero Capital
VC Fund
7 Finland, Lithuania, Estonia Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $114k–$7.3M
Voima Ventures
VC Fund
7 Finland, Sweden, Norway Seed, Pre-Seed, Series A Biotechnology, Health Care, Artificial Intelligence $464k–$30M
Inventure
VC Fund
6 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $549k–$25M
Icebreaker.vc
VC Fund
5 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $110k–$25M
Redstone.VC
VC Fund
5 Germany, Finland, Switzerland Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $460k–$17M
First Fellow Partners
VC Fund
5 Finland, United States, Sweden Seed, Series A, Pre-Seed Software, SaaS, Information Technology $256k–$26M
FOV Ventures
VC Fund
5 Finland, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Gaming, 3D Technology $333k–$37M
Conor Venture Partners
VC Fund
5 Finland, United States, Sweden Series A, Series B, Seed Software, Analytics, Semiconductor $1.1M–$18M
Antler
VC Fund
4 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Firstminute Capital
VC Fund
4 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $650k–$21M
Summit Partners
VC Fund
4 United States, Germany, Canada Private Equity, Series B, Series C Software, Information Technology, Health Care $15M–$290M
OP Financial Group
VC Fund
4 Finland, France, Sweden Debt Financing, Post-IPO Debt, Series A Energy, Renewable Energy, FinTech $39k–$3.2B
Reaktor Ventures
VC Fund
4 Finland, Germany, United States Seed, Pre-Seed, Series A Software, Internet, E-Commerce $151k–$6.8M
OpenOcean
VC Fund
3 Finland, United States, Germany Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $2.3M–$30M
Illusian Founder Office
VC Fund
3 Finland, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $2.6M–$90M
Supercell
VC Fund
3 Finland, United States, United Kingdom Seed, Series A Gaming, Video Games, PC Games $425k–$26M
Centre for Economic Development, Transport and the Environment
VC Fund
3 Finland Grant, Seed SaaS, Software, FinTech $34k–$7.4M
VNT Management
VC Fund
3 Finland, Germany, Switzerland Series B, Seed Manufacturing, Electronics, Energy $3.3M–$13M
Metsa Spring
VC Fund
3 Finland, Sweden Seed, Venture - Series Unknown, Series A GreenTech, Sustainability, Chemical $395k–$8.3M
Tiny Supercomputer Investment Company
VC Fund
3 United Kingdom, Germany, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $750k–$37M
Amazon Alexa Fund
VC Fund
3 United States, United Kingdom, Canada Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, Consumer Electronics $120k–$30M
Wave Ventures
VC Fund
3 Finland, Sweden, Germany Pre-Seed, Seed, Venture - Series Unknown Software, Information Technology, Internet $183k–$4M
Varma Mutual Pension Insurance Company
VC Fund
3 Finland, United Kingdom Series A, Series B, Venture - Series Unknown Software, Information Technology, Hardware $8.2M–$320M
Born2Grow
VC Fund
2 Germany, Finland, United States Seed, Series A, Series B Software, Medical, Health Care $1.1M–$6M
Leaguer Venture Capital
VC Fund
2 China, United States, Finland Series A, Seed, Series B Manufacturing, Advanced Materials, Artificial Intelligence
Matadero QED
VC Fund
2 Finland Seed, Series A Mining, Computer, Hardware
Tiny VC
VC Fund
2 United Kingdom, Germany, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $750k–$27M
COREangels Lisbon
VC Fund
2 Portugal, Finland, United Kingdom Seed, Pre-Seed, Angel Artificial Intelligence, Software, Marketing $83k–$2.7M
Samsung Venture Investment
VC Fund
2 South Korea, United States, India Series A, Series B, Seed Information Technology, Artificial Intelligence, Software $83k–$25M
Bragiel Brothers
VC Fund
2 United States, Finland, Japan Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $125k–$25M
Nordea
VC Fund
2 Finland, Sweden, Norway Debt Financing, Seed FinTech, Financial Services, Banking
Virta Equity
VC Fund
2 Finland Seed, Series A, Venture - Series Unknown B2B, SaaS, Software
Vsquared Ventures
VC Fund
2 Germany, United States, Switzerland Seed, Series A, Series B Artificial Intelligence, Semiconductor, Manufacturing $4.2M–$124M
Veikko Laine Oy
VC Fund
2 Finland Post-IPO Equity, Venture - Series Unknown Retail, Internet, Marketing $8.2M–$11M
CapMan
VC Fund
2 Finland, Russian Federation, Sweden Private Equity, Series B Software, Information Technology, Health Care $2.1M–$100M
Plural Platform
VC Fund
2 United Kingdom, United States, Germany Series A, Seed, Series B Artificial Intelligence, Software, Manufacturing $5.6M–$470M
Nuard Ventures
VC Fund
2 Finland, Germany, United States Seed, Angel, Pre-Seed IaaS, Video, Gaming $159k–$680k
Tencent
VC Fund
2 China, United States, United Kingdom Series B, Series A, Series C Software, Artificial Intelligence, E-Commerce $3M–$418M
Ventech
VC Fund
2 France, Germany, United States Series A, Seed, Series B Software, Artificial Intelligence, SaaS $1.3M–$67M
Forvia
VC Fund
2 France, United States, Finland Series A, Corporate Round, Series B Automotive, Software, Electronics $4.6M–$25M
Salvia
VC Fund
2 Germany, France, Finland Series A, Seed, Series B Semiconductor, Hardware, Software $4.5M–$131M
SNÖ Ventures
VC Fund
2 Norway, United States, Sweden Seed, Pre-Seed, Venture - Series Unknown Software, Artificial Intelligence, Machine Learning $978k–$5.5M
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Investor list

Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 17 investments in Finland Consumer startups

Lifeline Ventures is one of the world's highest performing venture funds. Founded by serial entrepreneurs, Lifeline partners closely with resilient founders from day one — supporting them with funding, talent, and everything it takes to build category-leading companies. The fund is sector-agnostic and seeks to make inception to Series A investments. Lifeline Ventures was founded in November 2009 and is based in Helsinki, Finland.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 203
  • Round size: Seed $580k–$5.4M; Series A $2.8M–$22M; Venture - Series Unknown $430k–$17M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fresh fund, raised $464M in 2025

Portfolio highlights

  • Verda — Verda provides a full-stack AI cloud platform for the development, training, and deployment of AI models. Its services include GPU instances, instant clusters, serverless containers, managed storage, and other cloud infrastructure powered by NVIDIA hardware. Verda also operates an AI Lab focused on large-scale training, inference optimization, reinforcement learning, and AI systems engineering. Its platform serves AI developers and organizations across the full AI lifecycle, from prototyping to scalable inference.
  • S-Transistors — S-Transistors is one of the few businesses founded on a truly novel core technology that has the potential to serve as an enabling layer for a whole industry.
  • Thor Dynamics — Headquartered in Orlando, Florida, with a European base in Finland, Thor Dynamics specializes in directed energy systems for defense against drones and drone swarms. The company’s innovative solutions are available worldwide to protect critical infrastructure and enhance national security. Laser Armor™ is a complete directed energy counter-dronesolution. Utilizing advanced radar and optical systems it can detect, track, and target hostile targets. High-power directed energy from Thor’s Laser Engines then eliminates the threat in seconds. Multiple safety systems ensure accurate target identification and minimal collateral damage.
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Tesi
VC Fund · Helsinki, Southern Finland, Finland · 16 investments in Finland Consumer startups

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 private co-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

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Investment focus

  • Industry: Software, Manufacturing, Information Technology
  • Stage:Series A, Series B
  • Geography: Finland, United States, Switzerland

Investor stats

  • Total investments: 154
  • Round size: Series A $2.4M–$46M; Series B $3.1M–$40M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $177M in 2017

Portfolio highlights

  • Vexlum — VECSELs Novel semiconductor lasers for high-impact applications in quantum technology, medicine and semiconductor industry.
  • Verda — Verda provides a full-stack AI cloud platform for the development, training, and deployment of AI models. Its services include GPU instances, instant clusters, serverless containers, managed storage, and other cloud infrastructure powered by NVIDIA hardware. Verda also operates an AI Lab focused on large-scale training, inference optimization, reinforcement learning, and AI systems engineering. Its platform serves AI developers and organizations across the full AI lifecycle, from prototyping to scalable inference.
  • Kasvu Therapeutics — Kasvu develops first and best-in-class small molecule neuroplastogens for diseases where neuronal connectivity is altered
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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 14 investments in Finland Consumer startups, 16 in the past 12 months

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.

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Investment focus

  • Industry: Software, SaaS, Biotechnology
  • Stage:Grant, Seed, Debt Financing
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 241
  • Round size: Seed $151k–$3.5M; Grant $50k–$10M; Debt Financing $252k–$6.5M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • STRGY AI — The strategy was never the problem. The evidence was correct, sitting in someone's hands, and it died anyway because nothing in the organization was built to carry that evidence from where it was seen to where it could be acted on, and keep it alive long enough to matter. Not a bad plan. Not bad people. A structural gap between signal andauthority that every existing tool — decks, dashboards, status meetings — is too static and too easy to ignore to actually close.STRGY exists because that gap is the default state of every organization above a certain size, and closing it has always required either a heroic individual repeating themselves for years or luck (the corporate pilot needed one person to remember "do not drop this" at the right moment, and no one did). That's not a strategy problem to solve with a better framework — it's an infrastructure problem. You need something that holds the signal, doesn't forget it, doesn't get bored repeating it, and resurfaces it automatically the moment the gap between evidence and action starts to widen. That's what a human can't do reliably at scale, and what software with real memory can.
  • Coolbrook — Coolbrook is a manufacturer of naphtha cracking-based reactors. Their technology is intended to replace the conventional steam cracker furnace in existing and new olefins plants, enabling petrochemical clients to get improved product yield and lower energy consumption.
  • Solar Foods — Solar Foods is a food-tech startup that specializes in testing a technology that uses electricity to produce hydrogen which is combined with carbon dioxide, water, vitamins, and minerals to feed and grow microbial biomass that can be used as edible protein. The industrial biotech startup develops a protein called Solein, a nutritious, sustainablesubstitute for animal-derived proteins. Solein is created using elements from the air—CO2, water, nitrogen—and electricity. This single-cell protein is cultivated through gas fermentation, essentially deriving edible calories from hydrogen-oxidizing microbes.
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 14 investments in Finland Consumer startups

Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Finland, Sweden, Denmark

Investor stats

  • Total investments: 98
  • Round size: Seed $477k–$4.5M; Pre-Seed $204k–$2M; Venture - Series Unknown $529k–$5.1M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $33M in 2023

Portfolio highlights

  • Khoy — Khoy Company is a furniture company focused on designing and developing comfortable, user-friendly, and sustainable sofa beds. It combines functionality, comfort, and modern design to create versatile furniture for everyday living, with an emphasis on sustainability and space efficiency.
  • AnaCardio — AnaCardio develops drugs targeting a novel mechanism that improves cardiac contractility and aims to improve clinical outcomes in heart failure.
  • Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 13 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 91
  • Round size: Seed $224k–$2.2M; Pre-Seed $110k–$4.3M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $49M in 2022

Portfolio highlights

  • DREV — DREV is a cleantech company manufacturing contamination control solutions for the world’s most advanced manufacturing facilities.
  • Zenniz — Zenniz is an ITF approved game tracking solution that provides real-time info, such as automated line calling, stroke and serve speeds, shot charts, match statistics and more. Players and coaches at all levels can use Zenniz on and off the court to help improve their game. For tennis clubs, Zenniz is an easy and cost-effective way to upgrade to thenext level. Due to a new, innovative sensor technology, they’ve been able to keep the cost to a minimum, making Zenniz accessible for all clubs, coaches and players.
  • Polar Light Technologies — Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.
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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 12 investments in Finland Consumer startups

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's investments 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.

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Investment focus

  • Industry: Software, Health Care, Manufacturing
  • Stage:Seed, Series A
  • Geography: Finland, United States, Chile

Investor stats

  • Total investments: 95
  • Round size: Seed $250k–$2.3M; Series A $1.8M–$23M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • ARAUCO — ARAUCO is a diversified global company in the forestry industry. They use world-class technologies and processes throughout the value chain. They are present in the forestry, pulp, timber, panels and renewable energy businesses.
  • eMabler — EMabler is an EV charging infrastructure software company that develops an API-first platform used by businesses to operate, manage, and scale electric vehicle charging networks. It provides a centralized system for charge point management, billing, pricing, roaming, and energy optimization, allowing operators to control large networks of EVchargers from a single platform. The software connects charging hardware with business systems such as CRM, payment, and energy management tools through open APIs and a large library of integrations. The company focuses on enabling enterprises, such as energy utilities, parking operators, and retail businesses, to embed EV charging directly into their existing services and digital platforms rather than building standalone charging systems. This includes white-label solutions where charging is integrated into a company’s own app or customer experience under its brand.
  • CHAOS — At CHAOS, we strive to democratize data and harness the power of AI and cutting-edge technology, delivering transformative location insights that empower decision-makers to design more liveable cities- sustainable, human-centered where the quality-of-life soars.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 10 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, Norway, Denmark

Investor stats

  • Total investments: 103
  • Round size: Seed $948k–$8.3M; Pre-Seed $578k–$2.7M; Series A $3.5M–$37M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely actively investing — fresh fund, raised $106M in 2024

Portfolio highlights

  • Aavuus — Aavuus is building a global network of ground-based laser stations to detect and track space debris with high precision.
  • Metaktik — Tactical Metasurface Antenna Solution for Defence. Ultralight Antennas for Satellites.
  • Quanscient — Quanscient develops multiphysics simulation software utilizing quantum computing algorithms to improve simulation technology. Its Computer Aided Engineering (CAE) platform integrates a unique combination of cloud-native multiphysics solvers, advanced cloud computing, and future quantum integration. The platform also offers engineers over ahundredfold increase in simulation throughput to enable fully digital R&D processes, addressing complex technology challenges in industries like fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace.
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VTT Ventures
VC Fund · Espoo, Southern Finland, Finland · 10 investments in Finland Consumer startups

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?

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Investment focus

  • Industry: Manufacturing, Biotechnology, Electronics
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Finland

Investor stats

  • Total investments: 24
  • Round size: Seed $460k–$3.3M; Series A $1.8M–$14M; Venture - Series Unknown $1.5M–$9.2M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Dispelix — See-through, full color waveguide combiners for a wide range of XR applications. From near-eye to head-up.
  • Solar Foods — Solar Foods is a food-tech startup that specializes in testing a technology that uses electricity to produce hydrogen which is combined with carbon dioxide, water, vitamins, and minerals to feed and grow microbial biomass that can be used as edible protein. The industrial biotech startup develops a protein called Solein, a nutritious, sustainablesubstitute for animal-derived proteins. Solein is created using elements from the air—CO2, water, nitrogen—and electricity. This single-cell protein is cultivated through gas fermentation, essentially deriving edible calories from hydrogen-oxidizing microbes.
  • Infinited Fiber Company — Infinited Fiber Company is a Finnish biotech founded in 2016 to commercialize a breakthrough recycling technology that can turn cellulose-rich raw materials – like cotton-rich textile waste, used cardboard, or wheat or rice straw – into high-quality textile fibers with the look and feel of cotton. The patented technology has been validated byleading brands and is ready to be scaled. Infinited Fiber Company won the Europas 2020 Hottest Sustainability Tech Award, and was listed on the Global 50 to Watch by Cleantech Group in 2019. In 2016 Infinited Fiber Company was selected into WWF’s Climate Solver network. The company is headquartered in Espoo, Finland.
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 7 investments in Finland Consumer startups, 14 in the past 12 months

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€.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Finland, Lithuania, Estonia

Investor stats

  • Total investments: 103
  • Round size: Seed $228k–$2.6M; Pre-Seed $114k–$1.8M; Venture - Series Unknown $1.6M–$7.3M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely actively investing — fresh fund, raised $41M in 2025

Portfolio highlights

  • Bilt.me — Describe your app idea and Bilt builds it. Preview on your phone, publish to the App or Play Store when you're ready.
  • Guideless — Guideless turns any browser workflow into a polished, AI-narrated video guide in minutes. No screen recording, no tedious editing. Just turn on our Chrome extension, click through your process as you normally would, and instantly get a share-ready guide.Use cases: Product walkthroughs, customer onboarding, employee training, and supportdocumentation.Key features: - AI-written narration and natural voiceover. - Smart zooms and highlights for clarity. - Built-in captions for accessibility. - Always consistent and on-brand. - Shareable URLs, embed codes, and export to MP4How it works: - Add the Chrome extension. - Capture your workflow. - Share your guide.Privacy built-in: Your guides and data are never used to train AI models and are securely encrypted.Check https://guideless.ai/gallery and get inspired with curated guides showcasing workflows, product demos, and tutorials across every use case.
  • SeeTrue Technologies — Ultra-low-power eye tracking from SeeTrue delivers accurate gaze data for AR/VR, microscope & camera eyepieces and wearables, powered by custom sensors.
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Voima Ventures
VC Fund · Helsinki, Southern Finland, Finland · 7 investments in Finland Consumer startups, 7 in the past 12 months

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.

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Investment focus

  • Industry: Biotechnology, Health Care, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 62
  • Round size: Seed $1M–$5.9M; Pre-Seed $464k–$2.1M; Series A $3.9M–$30M
  • Lead/follow: 65% lead, 35% follow
  • Last fund: Likely still investing — raised $108M in 2023

Portfolio highlights

  • Reduciner — Reduciner's vision to turn industrial CO₂ emissions from a liability into a valuable resource. Its technology converts captured carbon dioxide and biochar into valuable feedstocks such as carbon monoxide and activated carbon, enabling circular carbon use in emissions-intensive industries. Reduciner combines strong scientific expertise withindustrial applicability across sectors such as cement, steel, and chemicals. Its electricity-driven process allows industries to reduce emissions without major changes to existing infrastructure, offering a resilient and cost-competitive way to reduce carbon dependency while creating new value from CO₂ emissions.
  • TheStorage — Flexible industrial heat electrification and scalable energy storage. TheStorage offers cost efficient, sustainable grid scale energy storage that can discharge heat, steam or CHP.
  • Aventix — Aventix is a bioanalytics/life-science instrumentation company that develops sensor-based laboratory tools.
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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 6 investments in Finland Consumer startups

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 180
  • Round size: Seed $549k–$6M; Series A $1.3M–$17M; Series B $1.3M–$25M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Lassie — Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets
  • Capalo AI — We maximize the value of your energy storage systems. Now and in the future.
  • Algorithmiq — Algorithmiq utilizes its expertise in quantum information, complex systems, and computational physics to develop algorithms to develop new and effective drugs, solve problems in life sciences, and discover new materials.
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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 5 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 144
  • Round size: Seed $409k–$5.4M; Pre-Seed $110k–$1.3M; Series A $3.1M–$25M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $24M in 2021

Portfolio highlights

  • Cachet — Adaptive insurance solutions for micromobility, car-sharing and gig work platforms in 16 countries. Feel in control of risk and handle claims in one system.
  • Oplane — Connect your repo. See and fix your vulnerabilities in minutes. AI-powered threat modeling - no consultants, no weeks of docs.
  • Cota Robotics — Cota Robotics deploys general-purpose robots in retail stores through a Robot-as-a-Service model, integrating with existing environments without requiring changes to store layouts or infrastructure. The company automates shelf replenishment, inbound handling, and order picking using human-in-the-loop teleoperation, with autonomy increasing asdeployment data trains its models.
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Redstone.VC
VC Fund · Berlin, Berlin, Germany · 5 investments in Finland Consumer startups, 22 in the past 12 months

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

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Finland, Switzerland

Investor stats

  • Total investments: 179
  • Round size: Seed $460k–$7.8M; Pre-Seed $1M–$4.4M; Series A $1.7M–$17M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fresh fund, raised $29M in 2026

Portfolio highlights

  • FermLabs — Ferm Labs ingredient startup specializing in proprietary, high-yield bioprocessing platforms.
  • LimX Dynamics — Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots
  • Zhuji Dynamics — Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots
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First Fellow Partners
VC Fund · Helsinki, Southern Finland, Finland · 5 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 76
  • Round size: Seed $500k–$8M; Pre-Seed $256k–$1.7M; Series A $2.3M–$26M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • CRACI — CRACI records build dependencies, identifies releases affected by vulnerabilities, and tracks the response from triage to a fixed release.
  • Endform — Run your Playwright tests 10x faster across isolated machines. Catch failures before they reach production and stop flaky tests from slowing your team down.
  • Quanscient — Quanscient develops multiphysics simulation software utilizing quantum computing algorithms to improve simulation technology. Its Computer Aided Engineering (CAE) platform integrates a unique combination of cloud-native multiphysics solvers, advanced cloud computing, and future quantum integration. The platform also offers engineers over ahundredfold increase in simulation throughput to enable fully digital R&D processes, addressing complex technology challenges in industries like fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace.
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FOV Ventures
VC Fund · London, England, United Kingdom · 5 investments in Finland Consumer startups

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

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Investment focus

  • Industry: Software, Gaming, 3D Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, United Kingdom, Germany

Investor stats

  • Total investments: 38
  • Round size: Seed $1.9M–$11M; Pre-Seed $333k–$4.2M; Series A $8.2M–$37M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $22M in 2022

Portfolio highlights

  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
  • Spogen.ai — The next-generation CCMS for machinery, ready on day one. One source for manuals and AI assistants, improved by every question from the field.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
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Conor Venture Partners
VC Fund · Espoo, Southern Finland, Finland · 5 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Software, Analytics, Semiconductor
  • Stage:Series A, Series B, Seed
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 49
  • Round size: Seed $1.1M–$3.3M; Series A $3.9M–$8.8M; Series B $2.5M–$18M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2010

Portfolio highlights

  • crystalsol — COLOKSGP hadir sebagai platform agen slot online terpercaya di Indonesia yang mengutamakan kenyamanan, kepraktisan, dan keamanan para penggunanya. Dengan tampilan website yang ringan dan ultra-responsif, kamu bisa menikmati seluruh permainan dengan mulus dari ponsel maupun komputer.
  • Verto Analytics — Verto Analytics (Verto) operates a passive metering panel that provides researchers, advertisers, and publishers the data they need to keep up with the rapid and changing pace of consumer media consumption on every app, device, service, and platform. This ongoing, longitudinal panel captures a wide breadth of behaviors—all enriched to clients’behavioral analysis or custom survey studies. Our single-source, passive metering data sets provide the information needed to understand the full digital footprint of the U.S. population. Our Data Labs are located in the US, and in Helsinki, Finland. http://www.vertoanalytics.com.
  • Aito Technologies — We are a world leader in Customer Experience Analytics for mobile operators. Aito provides better understanding and management the entire customer life cycle helping them identify key relationships and the context between business drivers, customer segments, networks, services, and devices, throughout the customer life cycle.
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Antler
VC Fund · Singapore, Central Region, Singapore · 4 investments in Finland Consumer startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Singapore, Australia

Investor stats

  • Total investments: 2387
  • Round size: Seed $158k–$4.6M; Pre-Seed $100k–$600k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • iiba — Iiba is a geospatial platform that specializes in providing location information related to child-rearing.
  • Obud — Obud is a wellness reservation systems that is designed for holistic health and lifestyle management purposes. The company's systems offer a comprehensive suite of tools for booking wellness activities, managing schedules, and accessing curated wellness programs, enabling wellness centers to streamline their operations, enhance userengagement, and promote a balanced and healthy lifestyle.
  • Plouton AI —
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Firstminute Capital
VC Fund · London, England, United Kingdom · 4 investments in Finland Consumer startups, 11 in the past 12 months

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

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 221
  • Round size: Seed $2.5M–$10M; Pre-Seed $650k–$5.5M; Series A $6M–$21M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — raised $100M in 2023

Portfolio highlights

  • Vocca — Voice AI for healthcare: 1,500+ practices, 20+ specialties. Vocca answers every patient call, books into your software and follows up with patients, 24/7.
  • StandardX — StandardX is a deep-tech company building the isotope refinery powered by a scalable, compact particle accelerator platform.
  • Pilgrim — Pioneering a biologically enhanced future for humanity.
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Summit Partners
VC Fund · Boston, Massachusetts, United States · 4 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Private Equity, Series B, Series C
  • Geography: United States, Germany, Canada

Investor stats

  • Total investments: 256
  • Round size: Series B $15M–$150M; Series C $20M–$125M; Private Equity $30M–$290M
  • Lead/follow: 66% lead, 34% follow
  • Last fund: Likely still investing — raised $9.5B in 2024

Portfolio highlights

  • Socure — Identity Starts Here. Accurately verify & onboard more new customers with Socure, the leading provider of digital identity verification & fraud solutions.
  • Philz Coffee — We specialize in customized blends with coffee shops in California and Chicago, IL Buy coffee online or find your nearest Philz location.
  • Keyfactor — Keyfactor helps organizations secure machine identities, cryptography, and AI systems with trust infrastructure that enables digital trust, crypto-agility, and quantum readiness.
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OP Financial Group
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Consumer startups

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

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Investment focus

  • Industry: Energy, Renewable Energy, FinTech
  • Stage:Debt Financing, Post-IPO Debt, Series A
  • Geography: Finland, France, Sweden

Investor stats

  • Total investments: 18
  • Round size: Series A $16M–$29M; Post-IPO Debt $46M–$3.2B; Debt Financing $39k–$540M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Fortum — By providing our customers and the Nordic energy system with a supply of reliable energy, we aim to power a world where people, businesses, and nature thrive together. With respect for the environment, decades of expertise and smart solutions, we strive to meet our customers' needs.
  • Qivalis — Qivalis is a financial technology company designed for payments, settlements, and financial services.
  • Srv Yhtiot — SRV is a Finnish construction company known for lifecycle-wise construction, responsible operations and strong client collaboration. Discover our services, expertise and key projects.
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Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Consumer startups

Reaktor Ventures they invest in seed stage companies and helps them to create markets.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Germany, United States

Investor stats

  • Total investments: 60
  • Round size: Seed $151k–$2.1M; Pre-Seed $158k–$1.8M; Series A $1.7M–$6.8M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • allies.digital — Allies is a match-making platform curating businesses with IT-, digital and creative agencies. No more miss-matches when buying IT & creative services.
  • StarBerry Games — StarBerry Games GmbH is a mobile games company based in Berlin, Germany. The company develops free-to-play casual mobile games and is best known for its games Merge Mayor and Idle Coffee Corp.
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OpenOcean
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Consumer startups

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

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: Finland, United States, Germany

Investor stats

  • Total investments: 101
  • Round size: Seed $2.8M–$13M; Series A $2.3M–$22M; Series B $7.3M–$30M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — raised $142M in 2021

Portfolio highlights

  • Ubitium — Ubiquitous computing, universal RISC-V microprocessor
  • Arbio — Arbio is transforming the property management landscape for alternative accommodations by leveraging advanced AI technology. Our solutions drive higher revenue, increased profitability, and superior operational efficiency - setting a new industry benchmark.By combining data-driven insights with seamless automation, we optimize every aspect ofproperty performance, enhancing both owner returns and guest satisfaction.With a vision to redefine how properties are managed and monetized, Arbio is paving the way for a more efficient, profitable, and scalable future in the alternative accommodations market.
  • Sitegeist — Sitegeist Robotics develops autonomous, modular construction robots to automate dangerous tasks like hydrodemolition, sandblasting, and drilling, boosting productivity and addressing labor shortages.Sitegeist Robotics primarily serves the construction industry, focusing on infrastructure renovation and building site operations.
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Illusian Founder Office
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 54
  • Round size: Seed $2.6M–$10M; Series A $5.9M–$42M; Series B $35M–$90M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CodeWords — CodeWords is a technology startup working on AI systems for workflow automation. Their platform CodeWords lets anyone create automations and AI workflows by chatting with AI. Agemo's technology is designed to build code-based workflows and systems that can autonomously reason through software.
  • Zero — Protect your devices and gain access to websites. Round-the-clock customer support. VPN for Windows, Android, macOS, iOS, and routers. Free trial period.
  • NewOrbit Space — NewOrbit Space is a satellite manufacturing company. We engineer Earth's lowest orbiting satellites, at altitudes of 180km (3x lower than conventional LEO satellites) we enable better imagery resolution and telecommunication services from space.
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Supercell
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Consumer startups

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

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Investment focus

  • Industry: Gaming, Video Games, PC Games
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 36
  • Round size: Seed $425k–$4.3M; Series A $4.3M–$26M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • 2UP Games — We make co-op mobile games that connect friends, family and strangers. We're backed by Supercell. We're hiring!
  • Applivery — Best-in-class Device Management Solution, easy-to-use admin experience in a cloud-based platform, made for Android and Apple devices. A secure MDM used by governments and enterprises.
  • Redemption Games — Our studio is built on the principle of blending great artistry and design with top-notch research and data to produce games that are both beautifully created and have blockbuster market potential.
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Centre for Economic Development, Transport and the Environment
VC Fund · 3 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: SaaS, Software, FinTech
  • Stage:Grant, Seed
  • Geography: Finland

Investor stats

  • Total investments: 7
  • Round size: Grant $34k–$7.4M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • AISTI — AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free – bringing sustainability to construction tile by tile.
  • Redkik Inc. — Innovative embedded technology for the logistics industry enabling instant transactional insurance quotation for convenience and flexibility.
  • Palofy Analytics Oy — Palofy Analytics was a customer loyalty partner for SMEs and NGOs. We are developing analysis and forecasting tools that help merchants to get more sales and predict staffing needs. This also enables getting accurate analysis and predictions on channel, store, product group, or product level.Our licensed technology leverages existing paymentcards as customer loyalty cards, reducing customer friction and removing work overhead from staff. We also help NGOs use portable contactless donation devices and onboard them acquirers.Service areas: • Restaurant and hospitality • Retail • Non-government organizations
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VNT Management
VC Fund · Vaasa, Western Finland, Finland · 3 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Manufacturing, Electronics, Energy
  • Stage:Series B, Seed
  • Geography: Finland, Germany, Switzerland

Investor stats

  • Total investments: 13
  • Round size: Series B $3.3M–$13M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — raised $103M in 2011

Portfolio highlights

  • DEPsys — Our advanced smart grid solutions and insights empower electricity DSOs and simplify their journeys through the energy transition.
  • Visedo — Danfoss Editron specializes in hybrid and electric powertrain systems for off-highway and marine markets.
  • Norsepower Oy — Norsepower Rotor Sails | Wind Propulsion
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Metsa Spring
VC Fund · Espoo, Southern Finland, Finland · 3 investments in Finland Consumer startups

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

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Investment focus

  • Industry: GreenTech, Sustainability, Chemical
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Finland, Sweden

Investor stats

  • Total investments: 12
  • Round size: Seed $395k–$5.9M; Series A $4.4M–$8.3M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Adsorbi — Adsorbi use cellulose from the Nordic forest to help air purification companies to capture gaseous air pollutants.
  • FineCell — FineCell is a sustainable cellulose microfibers provider that enables manufacturers to make new products with reduced carbon footprints and differentiated properties.The company's cellulose microfibers possess physical and chemical properties that differ from competing products and provide differentiated benefits for the users. It has beensupported by Vinnova (Sweden’s innovation agency) and EIT InnoEnergy.The Linköping, Ostergotlands Lan-based company was established in 2015 by Jonatan Henschen, Jonas Engstrand, Monica Ek, and Kloce Dongfang Li.
  • Fiberwood — Fiberwood is a new eco-friendly wood fiber insulation that can be used for a variety of purposes. Fiberwood has excellent insulating properties, is entirely bio-based, and thus contains no plastic or other fossil-based materials.
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Tiny Supercomputer Investment Company
VC Fund · San Francisco, California, United States · 3 investments in Finland Consumer startups, 20 in the past 12 months

Backing great companies when they're tiny

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 197
  • Round size: Seed $1.2M–$8M; Pre-Seed $750k–$3.5M; Series A $7M–$37M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • Xylo — Xylo offers higher quality processes with full officer oversight, reducing planning uncertainty and boosting UK housing delivery.
  • Build — The AI-native operating partner for the built world. Build pairs agentic AI with CRE domain experts to accelerate commercial real estate development from concept to completion.
  • Honest Mobile — It's time for mobile done right. Explore SIM-only plans that include bills that go down, support in seconds and a shrinking carbon footprint as standard. One of the UK's top-rated mobile networks.
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Amazon Alexa Fund
VC Fund · Seattle, Washington, United States · 3 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, Consumer Electronics
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 169
  • Round size: Seed $120k–$5.6M; Series A $5.3M–$30M; Venture - Series Unknown $250k–$28M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2017

Portfolio highlights

  • Hearvana — Hearvana is a IT consulting company.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
  • Fable Studio — Fable is building next-generation AI authoring tools to create interactive characters who can live, learn and make decisions with us.
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Wave Ventures
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: Finland, Sweden, Germany

Investor stats

  • Total investments: 40
  • Round size: Seed $329k–$2.1M; Pre-Seed $183k–$4M; Venture - Series Unknown $675k–$1M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely actively investing — fresh fund, raised $12M in 2026

Portfolio highlights

  • CYBRET AI — Continuous Black, Grey, and White box pentesting. Cover authorized targets, prove exploitable findings with replay evidence, and ship the fix.
  • Fluencify — Fluencify is an innovative creator marketing platform that runs end to end user generated content programs for global brands. The software powered solution enforces brand quality guidelines, handles global creator payments, and provides contracted view guarantees to turn influencer marketing into a scalable utility framework.
  • Solace Care — Legacy planning and guided loss support in one digital platform, offered through insurers and employers across the Nordics and the Netherlands.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Varma Mutual Pension Insurance Company
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Consumer startups

Varma Mutual Pension Insurance Company operates as a pension insurance company in Finland. It provides pension insurance services, including insurance and pension services, vocational rehabilitation, insurance contribution estimates, and calculations. The company also provides training and guidance related to well-being at work and to social security while working abroad. In addition, Varma's additional services include online services; client financing services for pension foundations and funds; and advisory services for insured employees and entrepreneurs. The company was founded as Varma-Sampo Mutual Pension Insurance Company in 1998 and changed its name to Varma Mutual Pension Insurance Company in December 2003. Varma Mutual Pension Insurance Company is headquartered in Helsinki, Finland.

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Investment focus

  • Industry: Software, Information Technology, Hardware
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Finland, United Kingdom

Investor stats

  • Total investments: 15
  • Round size: Series A $53M–$131M; Series B $189M–$320M; Venture - Series Unknown $8.2M–$117M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
  • Verda — Verda provides a full-stack AI cloud platform for the development, training, and deployment of AI models. Its services include GPU instances, instant clusters, serverless containers, managed storage, and other cloud infrastructure powered by NVIDIA hardware. Verda also operates an AI Lab focused on large-scale training, inference optimization, reinforcement learning, and AI systems engineering. Its platform serves AI developers and organizations across the full AI lifecycle, from prototyping to scalable inference.
  • Verda (formerly DataCrunch) — DataCrunch is a cloud service provider which facilitates utilization and integration of state of the art AI/ML models
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Born2Grow
VC Fund · Heilbronn, Baden-Wurttemberg, Germany · 2 investments in Finland Consumer startups

Born2Grow is a german venture fund focusing on early stage investments. They invest up to 500k€ in innovative business models. They are based in Heilbronn in Baden-Wuerttemberg. Born2Grow focus on investments lies within the MedTech, BioTech, FinTech area as well as some other online industries

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Investment focus

  • Industry: Software, Medical, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: Germany, Finland, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $1.1M–$6M; Series A $3M–$4.1M; Series B $1.1M–$3.3M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Semorai — Semorai - Intelligent error management for manufacturers We are reinventing the future of quality and error control in the industrial industry with our unique AI-as-a-Service solution.
  • SpinDrive — Spindrive creates customized levitation technology pushing energy efficiency to the maximum level and promoting oil-free solutions.
  • Unchained Robotics — Unchained Robotics engages in the development of artificial intelligence-based control system for robots for electronics production.
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Leaguer Venture Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Manufacturing, Advanced Materials, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Finland

Investor stats

  • Total investments: 36
  • Lead/follow: no public data

Portfolio highlights

  • Wuwen Zhike — Wuwen Zhixing is an intelligent driving service provider dedicated to offering professional and cutting-edge integrated solutions for AI data and simulation verification, as well as developing AI data infrastructure and accelerators.
  • Lingxin Qiaoshou — Lingxin Qiaoshou focuses on the research and development and production of embodied intelligent platforms with "dexterous hands + cloud-based intelligent brain" as the core.
  • Qiu Shui Semiconductor — Qiu Shui Semiconductor is a semiconductor company that specialized on Micro-LED display technology.Qiu Shui Semiconductor's core products are Micro-LED micro display chips and modules, which are widely utilized in digital car lighting, micro projection, and augmented reality displays.
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Matadero QED
VC Fund · 2 investments in Finland Consumer startups

Deep Tech

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Investment focus

  • Industry: Mining, Computer, Hardware
  • Stage:Seed, Series A
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $688k in 2019

Portfolio highlights

  • IQM Quantum Computers — IQM is the leading European quantum hardware company in superconducting circuits. We build quantum computers.
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Tiny VC
VC Fund · Berlin, Berlin, Germany · 2 investments in Finland Consumer startups

Backing great companies when they're tiny

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 129
  • Round size: Seed $1.4M–$6.4M; Pre-Seed $750k–$3.3M; Series A $9.7M–$27M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Genie — Genie is a provider of a Shopify inventory management solution for fast-growing merchants.
  • Serve First — Serve First is an AI customer experience platform that turns real-time feedback into insights, helping drive smarter business decisions.
  • Massive Dynamic — Deploy specialized AI agents for paid media operations (analysis, bidding, reporting, creative workflows and more) while your experts stay in control.
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COREangels Lisbon
VC Fund · 2 investments in Finland Consumer startups

COREangels Boston is a group of operators and entrepreneurs investing at the angel stage in startups which have low capital costs and are either special situations or unicorns-in-waiting.

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Investment focus

  • Industry: Artificial Intelligence, Software, Marketing
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Portugal, Finland, United Kingdom

Investor stats

  • Total investments: 14
  • Round size: Seed $1.2M–$2.7M; Pre-Seed $83k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tilect — The AI pricing platform that joins forecasting, pricing & promotion optimization, and competitive intelligence in one decision layer. 94.6% forecast accuracy, 10K+ competitor signals daily, productive in week one.
  • Weiver — Weiver helps businesses professionally manage, improve, and analyze reviews with a centralized AI platform.
  • GOVA — GOVA is a food-biotech startup that uses creativity and delicious flavor to create the healthiest sugar on the planet.
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Samsung Venture Investment
VC Fund · Seocho, Seoul-t'ukpyolsi, South Korea · 2 investments in Finland Consumer startups, 9 in the past 12 months

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

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Software
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, India

Investor stats

  • Total investments: 145
  • Round size: Seed $83k–$4.1M; Series A $1.7M–$25M; Series B $2.8M–$23M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • MangoBoost — Data Processing Unit (DPU) is a next-generation server accelerator designed to orchestrate various intra-server devices (e.g., CPU, GPU, SSD, NPU, NIC). By maximizing the datacenter’s overall performance and cost efficiency, DPU is now considered as the most important HW/SW solution to realize the next-generation extreme-scale AI serverinfrastructure. However, despite its critical necessity from the datacenter and AI infrastructure, there is no market-leading DPU solution which can meet the customer’s actual demand due to its HW/SW complexity and the application/model heterogeneity. MangoBoost is currently the world’s most highly recognized DPU startup located in US and Korea. We provide the world’s most advanced and flexible DPU HW/SW solutions in order to fully satisfy the needs of various customers. Our DPU HW is fully composable by integrating its rich set of DPU features to construct our customer-optimal DPUs. At the same time, our DPU SW enables to seamlessly deploy the solution to any customer environment. As a result, our DPU solutions are considered very promising to realize the next-generation AI/datacenter infrastructure, and thus they are currently evaluated at various global-leading companies. MangoBoost was founded in early 2022 to commercialize 7 year of top-tier DPU research outcomes achieved at Seoul National University (e.g., many full-system DPU prototypes, many ISCA/MICRO/ASPLOS/OSDI/ATC papers). The current team consists of 45+ system engineers including ~20 top-tier PhDs from Carnegie Mellon University, Seoul National University, POSTECH, U Toronto, and ~20 industry experts from Intel, Microsoft, Samsung, and Naver.
  • AIDIN ROBOTICS — AIDIN ROBOTICS redefine interactive sensors. Advanced force/torque sensor, proximity sensor for human-robot collaboration.
  • Aim Intelligence — Leading AI Security & Safety Solutions Provider - Specializing in AI Risk Detection, Mitigation, and Elimination through Advanced Red Teaming and Defensive Systems | Leading provider of AI Security, Safety, and Compliance solutions
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Bragiel Brothers
VC Fund · San Francisco, California, United States · 2 investments in Finland Consumer startups

Bragiel Brothers is an early-stage venture capital fund that invests in seed and Series A rounds. Dan Bragiel launched the firm in San Francisco, California in 2016.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Finland, Japan

Investor stats

  • Total investments: 83
  • Round size: Seed $1M–$7M; Pre-Seed $125k–$3M; Series A $6.7M–$25M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Salmon Labs — Use Salmon to transform your CRM. Effortlessly clean, verify, and enrich your data. with AI capabilities. Keep Your CRM Data Fresh and Dynamic.
  • Assured Health — Streamline healthcare credentialing, licensing & payor enrollment with Assured's all-in-one platform. Automate admin Ops, boost efficiency & manage providers effortlessly.
  • Inspectify — If you are looking to buy or sell a home, Inspectify helps you find the best home inspectors in your area.
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Nordea
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Debt Financing, Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 23
  • Lead/follow: no public data

Portfolio highlights

  • Tibber — Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway andSweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.
  • Statzon — Make data-driven plans & faster decisions with a simple access to +1M datasets & market reports about 8,000 topics from +200 trusted data providers.
  • Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.
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Virta Equity
VC Fund · 2 investments in Finland Consumer startups

Virta Equity operates as a private equity firm focused on domestic small and medium-sized companies.

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Investment focus

  • Industry: B2B, SaaS, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Khoy — Khoy Company designs and develops comfortable, user-friendly, and sustainable sofa beds.
  • Serviceform — Welcome to future of communication - the truly all-in-one conversion and management software built for established businesses. Start now!
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Vsquared Ventures
VC Fund · Munich, Bayern, Germany · 2 investments in Finland Consumer startups

European early-stage deep tech venture capital firm based in Munich and London, backing founders across robotics, space, computing, AI, tech-bio and energy.

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Investment focus

  • Industry: Artificial Intelligence, Semiconductor, Manufacturing
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, Switzerland

Investor stats

  • Total investments: 77
  • Round size: Seed $4.2M–$19M; Series A $15M–$63M; Series B $30M–$124M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $230M in 2024

Portfolio highlights

  • AlphaLum — Holographic-optic combiners and ultra-low-power interferometric laser sensors enabling all-day wearable AR and intelligent systems at scale.
  • StandardX — StandardX is a deep-tech company building the isotope refinery powered by a scalable, compact particle accelerator platform.
  • Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
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Veikko Laine Oy
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Consumer startups

Veikko Laine Oy's products include both common and exotic fruits and brands. The firm directly imports goods from five different continents and personalizes the products to customers' specifications. The firm has its own transportation.

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Investment focus

  • Industry: Retail, Internet, Marketing
  • Stage:Post-IPO Equity, Venture - Series Unknown
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Round size: Venture - Series Unknown $8.2M–$11M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • eBrands — eBrands is an ecommerce group company that acquires, operates and scales small and medium-sized consumer brands
  • NoHo Partners — NoHo Partners Plc is a Finnish restaurant group behind approximately 250 restaurants, bars, pubs, nightclubs and entertainment centres. The name derives from the words ‘Nordic Hospitality Partners’, which communicate the key goals, opportunities and strengths of the Group.
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CapMan
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Consumer startups

CapMan is a private markets pioneer in the Nordics. Our funds invest in real estate, infrastructure, natural capital and unlisted companies.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Private Equity, Series B
  • Geography: Finland, Russian Federation, Sweden

Investor stats

  • Total investments: 61
  • Round size: Series B $2.1M–$14M; Private Equity $16M–$100M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — raised $181M in 2019

Portfolio highlights

  • Nonna Group Oy — Nonna Group develops new types of housing for the elderly.
  • CSE Entertainment — WE BRING JOY AND MOVEMENT FOR MILLIONS OF PEOPLE AROUND THE WORLD. In our core is the idea of diversity and equality of physical activity and sport. We are changing eSport and Exergaming concepts, and in 2025 CSE will be the leading exergaming brand in the world. Our products and services are used widely in family entertainment, fitness,education, and rehabilitation.
  • Kuntokeskus Liikku — Kuntokeskus Liikku is a fitness club that provides multidisciplinary services like gym, aquatics, and sports training.
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Plural Platform
VC Fund · London, England, United Kingdom · 2 investments in Finland Consumer startups, 14 in the past 12 months

Plural is an early-stage investment fund that backs the most ambitious founders on a mission to change the world through technology.

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Investment focus

  • Industry: Artificial Intelligence, Software, Manufacturing
  • Stage:Series A, Seed, Series B
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 51
  • Round size: Seed $5.6M–$22M; Series A $7.1M–$60M; Series B $27M–$470M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — raised $543M in 2024

Portfolio highlights

  • Metaview — Metaview uplevels the most outcome-defining part of your recruitment process: your interviews.
  • Callosum — Callosum - Co-evolving chips & intelligence
  • The Exploration Company — For Space & Non-Space Industries.
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Nuard Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Consumer startups

Nuard Ventures invests in innovative early stage companies.

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Investment focus

  • Industry: IaaS, Video, Gaming
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Finland, Germany, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $159k–$680k
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • WARD — WARD is a fantasy sport game, where fans can watch their favourite eSports matches and predict what will happen in real time.WARD is a startup out of Berlin which has created a “pick and predict” real-time prediction smartphone game, where players can win real prizes. People love to watch e-sports. We believe on these occasions they still want tobe able to participate.However, until now no product has offered anything other than the ability to watch. There’s been no way for fans to spectate, participate, analyse and predict the outcomes of their favourite games.
  • MVision AI — AI-powered solutions that automate repetitive tasks, enable efficient radiotherapy workflows, and promote consistency across clinical processes.
  • Polka Dot Studio — Kalian Bisa Memasang Taruhan Online Dengan Sangat Mudah Dan Nyaman Di Situs DEWAHOKI Yang Sudah Resmi Di Indonesia
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Tencent
VC Fund · Shenzhen, Guangdong, China · 2 investments in Finland Consumer startups

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operating strategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others. In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively. Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 902
  • Round size: Series A $3M–$157M; Series B $15M–$213M; Series C $23M–$418M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • BYJU'S — BYJU’S is a global ed-tech company that provides highly adaptive, engaging, and effective learning solutions to more than 150 million students around the world. Founded in India in 2011, BYJU's mission is to make high-quality learning accessible to students everywhere.The BYJU's family of brands includes Disney-BYJU's Early Learn,BYJU's FutureSchool, Epic!, Osmo, Tynker, Toppr, and WhiteHat Jr., along with the company’s beloved flagship product, BYJU's: The Learning App. Together, BYJU's solutions support pre-K–12 education and a wide range of competitive exams.BYJU’S delivers a world-class learning experience with tools that sit at the crossroads of mobile, interactive content, and personalized learning methodologies. Byju's geography-agnostic solutions and 12,000+ teachers make learning engaging with visual and contextual programs that adapt to the unique learning style, skill level, and pace of each student. In addition, BYJU’S has innovative partnerships with some of the world's largest companies, including Disney and Google, to drive engagement and help even more students become active and lifelong learners.BYJU’S is backed by blue-chip investors including the Chan-Zuckerberg Initiative, Sequoia Capital, Bond Capital, Silver Lake, BlackRock, Sands Capital Management, Alkeon Capital Management, Sofina, Verlinvest, Tencent, Prosus (previously Naspers Ventures), CPPIB, General Atlantic, Tiger Global, Qatar Investment Authority, Owl Ventures, Lightspeed Venture Partners, Times Internet, Aarin Capital, and IFC. Since 2017, BYJU’S has completed more than 15 acquisitions, including companies in the U.S., UK, Austria, India, and Singapore. A 2021 Time 100 Most Influential Company, BYJU’S is headquartered in India, with operations in more than 21 countries globally and learning programs in more than 8 languages.
  • VIPKID — VIPKid is a global education technology company that connects children with the world’s best teachers for real-time online English immersion learning.VIPKid’s mission is to inspire and empower every child for the future. VIPKid envisions a global classroom that empowers students and teachers through personalized learning, connection of culturesacross the world and the passion for lifelong learning. It believes that education is not one-size-fits-all, rather, all students are unique and the world is within their reach when connected with great teachers capable of personalizing learning and sparking curiosity.Founded in 2013 and formally launched in 2014, VIPKid has become China’s market-leading online education startup, attracting investment from Tencent, Coatue Management, Sequoia Capital, Sinovation Ventures, Yunfeng Capital, Matrix Partners, Learn Capital, Northern Light VC and Bryant Stibel, among others. The VIPKid platform currently connects over 500,000 paying students with over 60,000 teachers in the US and Canada.
  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
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Ventech
VC Fund · Paris, Ile-de-France, France · 2 investments in Finland Consumer startups, 12 in the past 12 months

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

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: France, Germany, United States

Investor stats

  • Total investments: 218
  • Round size: Seed $1.3M–$6.6M; Series A $3.9M–$14M; Series B $5.6M–$67M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely actively investing — fresh fund, raised $207M in 2025

Portfolio highlights

  • amber — info@amberoad.aiambeRoad is developing an intelligent enterprise search engine to help employees to find all relevant documents easily and quickly by integrating all company internal data sources into one search engine. Our solution allows access to all company-wide files from anywhere. Even if you don't exactly know what you are lookingfor, our cutting-edge AI will know because of a range of features implemented in our software.No need to tag documents manually, all in milliseconds - only one search request away.
  • Credoxys — Credoxys develops organic electronic materials for OLED displays, OLED lighting, organic photovoltaics, and sensors. Its portfolio includes dopants and transport materials designed to influence charge transport, optical transmission, power consumption, and energy generation in organic electronic devices. The company also develops materials forscale-up and customer-specific applications.
  • ENGO Eyewear — engo3 is a next generation heads up display built for endurance athletes. Instant, frictionless, hands free access to performance metrics with long battery life and an ultra lightweight form factor. Unlock your data, and experience an entirely new way to train and compete
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Forvia
VC Fund · Nanterre, Ile-de-France, France · 2 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Automotive, Software, Electronics
  • Stage:Series A, Corporate Round, Series B
  • Geography: France, United States, Finland

Investor stats

  • Total investments: 17
  • Round size: Series A $4.6M–$25M; Series B $15M–$22M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Canatu Plc — We create the most advanced carbon nanotubes for industry-transforming products. Discover more!
  • Outsight — Defeat the complexity of working with 3D Data thanks to the first LiDAR pre-processor.
  • Moovency — Moovency is a startup specialized in quantifying the risks of musculoskeletal disorders in an industrial environment. The company's software connects to camera feeds in work environments such as manufacturing and construction to gauge the potential physical strain on workforces, enabling employers to analyse and measure human movemen
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Salvia
VC Fund · Holzkirchen, Bayern, Germany · 2 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: Semiconductor, Hardware, Software
  • Stage:Series A, Seed, Series B
  • Geography: Germany, France, Finland

Investor stats

  • Total investments: 12
  • Round size: Seed $4.5M–$15M; Series A $20M–$131M; Series B $10M–$25M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • InPlanet — Our vision is to to remove gigatons of CO2 from the atmosphere while regenerating soils in the tropics.
  • Bambusa Therapeutics — Bambusa Therapeutics operates as biotechnology company, that focuses on developing bispecific antibodies.
  • Zadient Technologies — Zadient produces semiconductor manufacturing materials that are critical for the entire silicon carbide (SiC) value chain
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SNÖ Ventures
VC Fund · Oslo, Oslo, Norway · 2 investments in Finland Consumer startups

SNÖ is an early stage venture capital firm that empowers Nordic technology entrepreneurs and startups. They founders are builders and entrepreneurs themselves, with unique digital expertise, and are extremely passionate about the various aspects that make a startup succeed.SNÖ is based in Oslo, Norway. It was founded by Magne Uppman and TeodorBjerrang in 2015.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Norway, United States, Sweden

Investor stats

  • Total investments: 42
  • Round size: Seed $978k–$5.5M; Pre-Seed $2.8M–$4.5M; Venture - Series Unknown $1.3M–$5M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2021

Portfolio highlights

  • MusicInfra — Organizing connections between recordings, compositions, and rightsholder claims to reduce friction and enable monetization. AI-powered recognition and matching solutions for the music industry.
  • Sindri — Sindri is a platform that helps the energy industry utilizing artificial intelligence, machine learning, and computer vision technologies.
  • Nolla Health — Scandinavian-inspired healthcare: a private AI health assistant backed by licensed U.S. physicians.
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Consumer VC funding in Finland at a glance

Stats across 310 deals from 299 investors.

299
investors
in Finland Consumer startups
310
deals
in Finland Consumer startups
$2.3M
median round
in Finland Consumer startups
42%
lead investors
lead at least one round
26%
Seed
most common funding stage

Access all 299 VC funds in Finland Consumer startups.

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