Top 50 Energy VC Funds & Investors in Finland (June 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Lifeline Ventures
VC Fund
|
16 | Finland, United States, United Kingdom | Seed, Series A | Software, Health Care, E-Commerce | $547k–$20M |
|
Tesi
VC Fund
|
11 | Finland, United States, Switzerland | Series A, Series B | Software, Manufacturing, Health Care | $2.2M–$41M |
|
Business Finland
VC Fund
|
10 | Finland, United States, United Kingdom | Grant, Seed, Debt Financing | Software, Biotechnology, SaaS | $53k–$11M |
|
Finnvera Venture Capital
VC Fund
|
9 | Finland, United States, Chile | Seed, Series A | Software, Health Care, Information Technology | $250k–$22M |
|
Butterfly Ventures
VC Fund
|
9 | Finland, Sweden, Norway | Seed, Pre-Seed | Health Care, Software, Information Technology | $110k–$4.4M |
|
Superhero Capital
VC Fund
|
5 | Finland, Lithuania, Estonia | Seed, Pre-Seed | Software, Information Technology, Internet | $212k–$3.1M |
|
Voima Ventures
VC Fund
|
5 | Finland, Sweden, Norway | Seed, Pre-Seed, Series A | Biotechnology, Health Care, Artificial Intelligence | $439k–$18M |
|
Stephen Industries
VC Fund
|
4 | Finland, Sweden | Seed, Series A, Pre-Seed | Health Care, Biotechnology, Apps | $330k–$45M |
|
Finnish Climate Fund
VC Fund
|
4 | Finland | Debt Financing, Series A | Energy, Renewable Energy, Manufacturing | $2.6M–$14M |
|
Wave Ventures
VC Fund
|
3 | Finland, Sweden, Germany | Seed, Pre-Seed | Software, Internet, Information Technology | $165k–$2.1M |
|
Redstone.VC
VC Fund
|
3 | Germany, Finland, Switzerland | Seed, Series A, Pre-Seed | Software, Information Technology, Health Care | $505k–$17M |
|
Grid.vc
VC Fund
|
3 | Finland, Estonia | Seed, Pre-Seed | Energy, Renewable Energy, SaaS | $20k–$6.3M |
|
Valve Ventures
VC Fund
|
3 | Finland | Seed, Series A | Energy, CleanTech, Oil and Gas | $1.1M–$6.7M |
|
Holdix Oy Ab
VC Fund
|
3 | Finland | Seed, Series A | Energy, Seafood, Recycling | $2M–$8.3M |
|
Springvest
VC Fund
|
3 | Finland | Series A, Seed | Biotechnology, Health Care, Energy | $1.5M–$53M |
|
Nidoco
VC Fund
|
3 | Finland, Sweden, Estonia | Seed, Series A | Software, Health Care, Apps | $327k–$2.7M |
|
2C Ventures
VC Fund
|
3 | Estonia, Finland, Italy | Pre-Seed, Seed | Software, Renewable Energy, SaaS | $1M–$4.2M |
|
VTT Ventures
VC Fund
|
3 | Finland | Seed, Series A | Biotechnology, Manufacturing, Sensor | $460k–$13M |
|
Nordic Option
VC Fund
|
2 | Finland | Seed, Series C | Software, Manufacturing, 3D Technology | |
|
JOINT JOURNEY
VC Fund
|
2 | United States, Russian Federation, United Kingdom | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence | $30k–$3.4M |
|
Sitra
VC Fund
|
2 | Finland, The Netherlands | Series A, Series C | Health Care, Biotechnology, Therapeutics | |
|
OMV Petrom
VC Fund
|
2 | France, Finland, The Netherlands | Series A, Private Equity, Corporate Round | Fuel, Energy, Clean Energy | $45M–$45M |
|
PC Rettig & CO Impact
VC Fund
|
2 | Finland | Seed | Mining, Robotics, 3D Printing | $3.3M–$8.3M |
|
Nordic Foodtech VC
VC Fund
|
2 | Finland, Denmark, Sweden | Seed, Series A, Pre-Seed | Biotechnology, Food and Beverage, Life Science | $549k–$18M |
|
Emerald Technology Ventures
VC Fund
|
2 | United States, Germany, Finland | Series B, Series A | Manufacturing, Software, Energy | |
|
Vantaan Energia
VC Fund
|
2 | Finland, Sweden | Seed, Private Equity | Automotive, Electronics, Mobile Apps | $2M–$4.4M |
|
Heraeus
VC Fund
|
2 | Germany, China, Japan | Seed, Corporate Round, Series A | Manufacturing, Biotechnology, Therapeutics | $4.4M–$8.5M |
|
PeakBridge
VC Fund
|
2 | Israel, United States, United Kingdom | Series A, Seed, Series B | Food and Beverage, Health Care, Food Processing | $768k–$50M |
|
Maki.vc
VC Fund
|
2 | Finland, Norway, Denmark | Seed, Series A, Pre-Seed | Software, E-Commerce, Information Technology | $900k–$37M |
|
UB FIGG
VC Fund
|
2 | Finland | Series A | Chemical, Forestry, Recycling | $26M–$30M |
|
Turret Oy
VC Fund
|
2 | Finland | Seed, Series A | Energy, Farming, Seafood | $2.7M–$45M |
|
Inventure
VC Fund
|
2 | Finland, Sweden, United States | Seed, Series A, Series B | Software, Information Technology, Health Care | $549k–$23M |
|
Halton Ventures
VC Fund
|
2 | Finland | Smart Building, Energy, GreenTech | ||
|
Übermorgen Ventures
VC Fund
|
2 | Germany, Switzerland, Finland | Seed, Pre-Seed, Series A | Software, Energy, Renewable Energy | $344k–$12M |
|
True Ventures
VC Fund
|
2 | United States, United Kingdom, Canada | Seed, Series A, Series B | Software, Information Technology, Artificial Intelligence | $1.2M–$50M |
|
Innovestor
VC Fund
|
2 | Finland, Denmark, Sweden | Seed, Pre-Seed | Software, Health Care, Information Technology | $163k–$4.5M |
|
Failup Ventures
VC Fund
|
2 | Finland, United States, Sweden | Seed, Pre-Seed | Software, E-Commerce, Power Grid | $649k–$7M |
|
Bragiel Brothers
VC Fund
|
2 | United States, Finland, Japan | Seed, Series A, Pre-Seed | Software, Information Technology, FinTech | $255k–$68M |
|
CFT Nordic Capital
VC Fund
|
1 | Finland | Seed | Energy, Semiconductor | |
|
Ecolab
VC Fund
|
1 | United States, Finland, Canada | Series A, Series B | Software, SaaS, Manufacturing | |
|
Aura Group
VC Fund
|
1 | Australia, Finland | Series A, Seed | iOS, Blockchain, Information Technology | |
|
C2 Ventures
VC Fund
|
1 | United States, Canada, Finland | Seed, Pre-Seed, Series A | Software, Information Technology, FinTech | |
|
European Circular Bioeconomy Fund
VC Fund
|
1 | The Netherlands, France, Italy | Series B, Series A, Series C | Biotechnology, AgTech, Agriculture | |
|
Sojitz
VC Fund
|
1 | Japan, United States, India | Corporate Round, Series A | Health Care, Medical, Manufacturing | |
|
Finnfund
VC Fund
|
1 | Kenya, India, South Africa | Debt Financing, Series B | Financial Services, FinTech, Energy | |
|
Goldacre
VC Fund
|
1 | United Kingdom, Israel, Spain | Seed, Series A, Series B | Software, Artificial Intelligence, Information Technology | |
|
LähiTapiola
VC Fund
|
1 | Finland | Debt Financing | Banking, FinTech, Internet | |
|
Kiilto Ventures
VC Fund
|
1 | Finland, Portugal | Seed | Construction, CRM, Hospital | |
|
University of Helsinki
VC Fund
|
1 | Finland, Luxembourg | Seed, Grant, Pre-Seed | Apps, Hospital, Consulting | |
|
Taaleri
VC Fund
|
1 | Finland, Kenya | Seed, Pre-Seed | Financial Services, FinTech, Lending | |
| Access all 209 VC funds in Finland Energy startups. | |||||
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Lifeline Ventures Oy is a venture capital firm specializing in startups, growth capital, and early stage investments. The firm seeks to invest in healthcare, games, web based and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. The firm targets investing between €0.5 million ($0.66million) and €1 million ($1.32 million). It seeks make inception to Series A investments. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland.
Show more...Investment focus
- Industry: Software, Health Care, E-Commerce
- Stage:Seed, Series A
- Geography: Finland, United States, United Kingdom
Investor stats
- Total investments: 179
- Round size: Seed $547k–$5.4M; Series A $2.7M–$20M
- Lead/follow: 39% lead, 61% follow
- Last fund: Likely still investing — raised $171M in 2023
Portfolio highlights
- Realm — Realm is a search engine for the workplace reimagined with AI. Designed to help fast-moving teams better leverage their collective knowledge.
- 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.
- Everywear Games — Metacore is a wearable game studio. The company was founded in 2014 by industry veterans from Remedy, Digital Chocolate and Rovio and it is the pioneer of smartwatch gaming. It’s award-winning Apple Watch launch title, Runeblade, has received worldwide recognition from press, fans and industry heavyweights and it’s games are consistently on top ofglobal charts.
Finnish Industry Investment Ltd is a government-owned investment company. It invests the proceeds accrued from the privatisation of state-owned companies in stimulating the growth and internationalisation of Finnish businesses.Finnish Industry Investment invests in venture capital funds and directly in growth companies, together with privateco-investors. The targets are in all sectors. Capital investments are needed for financing the growth of investee companies, and for spin-offs, major industrial investments, and sector and corporate restructurings.The investments of Finnish Industry Investment amount to over MEUR 570
Show more...Investment focus
- Industry: Software, Manufacturing, Health Care
- Stage:Series A, Series B
- Geography: Finland, United States, Switzerland
Investor stats
- Total investments: 142
- Round size: Series A $2.2M–$41M; Series B $3.1M–$35M
- Lead/follow: 16% lead, 84% follow
Portfolio highlights
- Wirepas — Wirepas offers a standards-based, ultra-reliable mesh connectivity for infrastructure-grade IoT. Proven in millions of devices worldwide.
- Kide Science — Kide Science supports young children's scientific thinking through play-based learning, which predicts better learning outcomes in school.
- MaaS Global — Whim combines all the transportation you need: Public transport, shared cars, bikes, e-scooters, taxis, and more! One app to plan, book, and pay.
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.
Show more...Investment focus
- Industry: Software, Biotechnology, SaaS
- Stage:Grant, Seed, Debt Financing
- Geography: Finland, United States, United Kingdom
Investor stats
- Total investments: 197
- Round size: Seed $297k–$3.5M; Grant $53k–$11M; Debt Financing $241k–$5.8M
- Lead/follow: 42% lead, 58% follow
- Last fund: May invest from a new fund soon — last raise in 2017
Portfolio highlights
- Agileday — Connect your business elements in one tool and manage your entire operations with Agileday. Match sales, projects, and talent together and optimize your business.
- Marginum — Pioneering the next-generation quantitative surgical techniques.
- Valio — We are Valio Group: the most innovative dairy and food company in the world.
Finnvera makes direct investments in early-stage enterprises through Seed Fund Vera Ltd. Finnvera's goal is to cover shortcomings existing on the market between product development funding and private equity investments. Finnvera does not compete with private financiers; instead, it strives to supplement the financial market.Finnvera'sinvestments enable, start and accelerate growth and internationalisation among investment targets. Enterprises are developed to make them attractive targets for further financing by other investors and industrial actors. Investments are made in technology enterprises at an early stage and in technology-intensive or innovative service enterprises that have potential for developing into international growth enterprises.Finnvera is also known as a specialised financing company owned by the State of Finland. It provides its clients with loans, guarantees, venture capital investments and export credit guarantees.
Show more...Investment focus
- Industry: Software, Health Care, Information Technology
- Stage:Seed, Series A
- Geography: Finland, United States, Chile
Investor stats
- Total investments: 94
- Round size: Seed $250k–$2.3M; Series A $1.7M–$22M
- Lead/follow: 15% lead, 85% 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.
- Volare — Refining food industry side streams into sustainable protein, oil and fertilizers.
- CHAOS — CHAOS is an urban forecasting company for real estate investors and city developers. Our AI platform processes urban data and crowd insights to forecast investment and development for creating liveable cities.
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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- Industry: Health Care, Software, Information Technology
- Stage:Seed, Pre-Seed
- Geography: Finland, Sweden, Norway
Investor stats
- Total investments: 87
- Round size: Seed $219k–$2.1M; Pre-Seed $110k–$4.4M
- Lead/follow: 41% lead, 59% follow
Portfolio highlights
- Atium — Clean water is one of the largest future challenges we stand before, and toxic pollutants are a large contributing factor. Heavy metals are some of the most toxic chemicals to human health and it is our goal, through our innovation, to contribute to a world where water treatment is more environmentally friendly and effective. Atium exists to helpensure clean water, for everyone.
- Reactional Music — Reactional Music is creating a new commercial layer for the global games industry that uses premium, licensed music to drive both user acquisition and player engagement. The company’s technology allows developers and publishers to integrate commercial music at two critical points in the player lifecycle:- Music in User Acquisition – improvingconversion, ROI, and campaign lifespan in playable ads and performance marketing.- Music in Games – increasing retention, session length, and monetization through adaptive, personalized music experiences.Reactional’s platform combines a patented rule-based adaptive music engine, a licensed catalog of more than six million tracks, and an automated rights and royalty system. The technology is already integrated with Unity and Unreal and is deployed across live projects with leading publishers and studios.
- Popit — Popit makes medication connected with a unique, medical grade solution. It tracks medication use automatically and reminds ONLY if you miss. Developed together with healthcare professionals.
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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- Industry: Software, Information Technology, Internet
- Stage:Seed, Pre-Seed
- Geography: Finland, Lithuania, Estonia
Investor stats
- Total investments: 93
- Round size: Seed $212k–$3.1M; Pre-Seed $618k–$1.8M
- Lead/follow: 54% lead, 46% follow
- Last fund: May invest from a new fund soon — raised $35M in 2020
Portfolio highlights
- Zadaa — We are the world’s first marketplace to make selling and buying secondhand as simple as in an online store. We have revolutionised C2C logistics regarding pricing and marketplace integration between multiple logistic companies operating on different markets. Zadaa is live on German, Danish and Finnish markets.
- eMabler — We accelerate our customers' business growth by convenience in eMobility with our API-first platform
- ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
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.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: Finland, Sweden, Norway
Investor stats
- Total investments: 59
- Round size: Seed $1M–$5.9M; Pre-Seed $439k–$2.1M; Series A $3.8M–$18M
- Lead/follow: 64% lead, 36% follow
Portfolio highlights
- Cellfion — Cellfion provides sustainable materials for next level clean energy storage and conversion devices.
- Kuva Space — Kuva Space improves life on Earth through daily, space-borne hyperspectral imaging and AI. We offer Earth observation solutions for more sustainable business.
- Sofi Filtration — Innovation in Industrial Liquid Filtration
We fund futurebreakthroughs
Show more...Investment focus
- Industry: Health Care, Biotechnology, Apps
- Stage:Seed, Series A, Pre-Seed
- Geography: Finland, Sweden
Investor stats
- Total investments: 16
- Round size: Seed $1.2M–$8.3M; Pre-Seed $330k–$4.4M; Series A $8.4M–$45M
- Lead/follow: 19% lead, 81% follow
Portfolio highlights
- AlixLabs — AlixLabs is a Swedish semiconductor startup, founded in 2019.
- Cronvall —
- Freepress.ai — Freepress operates with an AI-driven virtual news editor that analyzes hundreds of thousands of publicly available and licensed articles from different countries.
The Climate Fund focuses on combating climate change, boosting low-carbon industry and promoting digitalisation.
Show more...Investment focus
- Industry: Energy, Renewable Energy, Manufacturing
- Stage:Debt Financing, Series A
- Geography: Finland
Investor stats
- Total investments: 20
- Round size: Debt Financing $2.6M–$14M
- Lead/follow: 40% lead, 60% 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.
- Enifer — Enifer Bio is an expert at squeezing every last drop of value from biorefining operations. The solution is built on decades of Finnish expertise to allow the production of valuable protein-rich feed from streams previously considered worthless. The company has developed a new, sustainable production process for high-quality fish feed raw material.The company's method enables the efficient production of a single cell protein from fish by-products as a raw material for fish feed. The protein can replace soy, which is commonly used in fish feed and whose cultivation poses ecological challenges, such as deforestation in South America.
- Volare — Refining food industry side streams into sustainable protein, oil and fertilizers.
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.
Show more...Investment focus
- Industry: Software, Internet, Information Technology
- Stage:Seed, Pre-Seed
- Geography: Finland, Sweden, Germany
Investor stats
- Total investments: 36
- Round size: Seed $329k–$2.1M; Pre-Seed $165k–$1.6M
- Lead/follow: 11% lead, 89% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- CRACI — CRACI is a platform that automates EU Cyber Resilience Act compliance for product and service companies. It also secures software supply chains against attacks and vulnerabilities.
- CYBRET AI — CYBRET AI is an AI security research and development lab that develops autonomous security solutions with humans in and not in the loop.
- Newly — Newly is the easiest way to build and ship cross-platform mobile apps — no senior engineering team required.Our mission is to empower a new generation of builders to launch high-quality native mobile apps without getting blocked by code, complexity, or cost.We’re building the first truly accessible mobile app development tool — combining thespeed of no-code with the power of real code when you need it — and opening the door for the estimated 99.5% of people who currently can’t build mobile apps on their own.Newly is used by early-stage founders, junior developers, designers, and product teams who want to ship faster and smarter.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!The Redstone team is an international and diverse group of serial entrepreneurs, investors, investment professionals, tech analysts and data scientists.
Show more...Investment focus
- Industry: Software, Information Technology, Health Care
- Stage:Seed, Series A, Pre-Seed
- Geography: Germany, Finland, Switzerland
Investor stats
- Total investments: 167
- Round size: Seed $505k–$6.6M; Pre-Seed $1.3M–$3.1M; Series A $1.6M–$17M
- Lead/follow: 40% lead, 60% follow
- Last fund: Likely still investing — raised $57M in 2023
Portfolio highlights
- UpHill — Clinical algorithms, medical events, scientific evidence and a simulation software in one place
- ALLSIDES — Covision Media specializes in creating high-quality, relightable 3D models using their industrial 3D scanners. These scanners capture detailed surface information and PBR textures, and are designed for easy integration into virtual environments.
- Multiverse Computing — World leaders in quantum computing for the financial industry. The first quantum & quantum-inspired toolbox for finance.
Grid.vc is the first investor in superb teams disrupting the energy business.
Show more...Investment focus
- Industry: Energy, Renewable Energy, SaaS
- Stage:Seed, Pre-Seed
- Geography: Finland, Estonia
Investor stats
- Total investments: 6
- Round size: Seed $20k–$6.3M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Bioreactor — Bioreactor is a revolutionary technology that converts bio waste into clean energy through biomass gasification. It's a sustainable, efficient and cost-effective solution that addresses energy poverty, energy security and climate change. With the use of the latest technology in computational fluid dynamics, cloud-optimized digital twin anddeep learning algorithms, the Bioreactor can optimize its performance in real-time over a wide range of fuels and operating conditions. The Bioreactor is a game changer in the energy industry, it can reduce greenhouse gas emissions, drastically lower energy costs, and help to alleviate energy poverty on a national scale.
- Safegrid — Smarter sensors for a smarter grid
- Vensum Power — Revolutionizing power conversion. More power in same package, less energy waste and low maintenance.
Valve Ventures is a Helsinki-based angel and early-stage venture investor.
Show more...Investment focus
- Industry: Energy, CleanTech, Oil and Gas
- Stage:Seed, Series A
- Geography: Finland
Investor stats
- Total investments: 9
- Round size: Seed $1.1M–$1.8M; Series A $4.4M–$6.7M
- Lead/follow: 11% lead, 89% 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.
- QHeat — QHeat offers Clean geothermal energy solutions for sustainable built environments
- Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
Holdix Oy Ab is a Finnish family-owned investment company situated in Helsinki. Our investment policy is based on responsible and active ownership, long-term perspective, sustainable value creation, and environmental considerations.
Show more...Investment focus
- Industry: Energy, Seafood, Recycling
- Stage:Seed, Series A
- Geography: Finland
Investor stats
- Total investments: 7
- Round size: Seed $2M–$8.3M
- Lead/follow: 14% lead, 86% follow
Portfolio highlights
- Fiberdom — Fiberdom develops sustainable materials from wood fibers, focusing on plastic-free solutions. The company offers a range of compostable cutlery designed for food service and take-away applications. These products are fully recyclable and comply with European regulations, making them suitable for environmentally conscious consumers. Fiberdomemphasizes innovation in transforming wood fibers into high-performance materials, contributing to sustainability efforts in various industries. The commitment to creating eco-friendly alternatives positions Fiberdom as a key player in the materials innovation sector.
- Hailia Oy — We mainstream seafood sidestreams with technology that upcycles them into tasty food products.
- Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
The Citizenship Fund started out when the founders of the company discovered in their previous positions that a promising Finnish growth company will spend a great deal of time and energy in arranging financing. A good business idea and a team with excellent team could take months in financial negotiations and the outcome could be a return to thestart-up. At the same time, investors often wanted new types of higher potential investments alongside traditional alternatives.These two challenges were possible by removing the promising growth companies as investors, even for non-traditional venture capital investors. Citizenship wanted to create a service in which the company would be able to capitalize on business quickly and flexibly, but the decision-making business would be left to the company itself. From today's point of view, Springvest's goal is that an increasing number of Finnish investors can get involved in the story of Finnish growth companies and potential success.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Energy
- Stage:Series A, Seed
- Geography: Finland
Investor stats
- Total investments: 23
- Round size: Seed $1.5M–$7.6M; Series A $3.6M–$53M
- Lead/follow: 74% lead, 26% follow
Portfolio highlights
- ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
- MedicubeX — MedicubeX aims to revolutionize preventive healthcare by building a network of autonomous self-measurement and telehealth eHealth Stations. We are the most advanced health kiosk and the first one in the Nordics. The eHealth Station offers regular clinical-grade medical check-ups for everyone regardless of location.
- CurifyLabs — CurifyLabs enables 3D printed personalized medicines in pharmacies and hospitals. Always close to the patient.
Nidoco AB is a Swedish investment company whose strategy is to create long-term value through active ownership of public and private companies.
Show more...Investment focus
- Industry: Software, Health Care, Apps
- Stage:Seed, Series A
- Geography: Finland, Sweden, Estonia
Investor stats
- Total investments: 24
- Round size: Seed $327k–$2.7M
- Lead/follow: 38% lead, 62% follow
Portfolio highlights
- Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
- TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
- CHAOS — CHAOS is an urban forecasting company for real estate investors and city developers. Our AI platform processes urban data and crowd insights to forecast investment and development for creating liveable cities.
2C Ventures is an early-stage venture capital firm investing in European cleantech startups driving the energy transition and circular economy. Backing visionary founders tackling climate challenges.
Show more...Investment focus
- Industry: Software, Renewable Energy, SaaS
- Stage:Pre-Seed, Seed
- Geography: Estonia, Finland, Italy
Investor stats
- Total investments: 9
- Round size: Seed $1.2M–$4.2M; Pre-Seed $1M–$2.3M
- Lead/follow: 67% lead, 33% follow
Portfolio highlights
- GaltTec — GaltTec focuses on developing and marketing microtubular solid oxide fuel cells. GaltTec specializes in drones, off-grid equipment, IoT, portable devices, and space equipment. GaltTec was founded in 2022 and was headquartered in Tartu, Estonia.
- Bisly — Bisly Scalable Building Automation reduces the overhead for building professionals and makes energy saving easy and affordable.
- 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.
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?
Show more...Investment focus
- Industry: Biotechnology, Manufacturing, Sensor
- Stage:Seed, Series A
- Geography: Finland
Investor stats
- Total investments: 24
- Round size: Seed $460k–$6M; Series A $1.7M–$13M
- 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 — The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent onagriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.
- 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.
Nordic Option is a private equity fund focusing its investments on growth companies. It provides capital investments in small and medium-sized growth companies that have already established themselves in Northern Finland. The fund's investment strategy includes the possibility to make up to 5 early-stage growth investments with one millioneuros.The firm's value of investments in portfolio companies is approximately EUR 10 million and the value of loans granted is approximately EUR 1 million.
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- Industry: Software, Manufacturing, 3D Technology
- Stage:Seed, Series C
- Geography: Finland
Investor stats
- Total investments: 7
- Lead/follow: no public data
Portfolio highlights
- Haltian — We solve the challenges of a sustainable future, one IoT innovation at a time
- SensorFu — SensorFu detects new network leak paths before they are exploited. If you're required to operate isolated networking environments, SensorFu helps you to anwer question: is my network isolation working as intended? Leaks from isolated network segments can be a result of human error or malice, and they may violate security policies orcontractual obligations. SensorFu automates previously manual audit checks, and it empowers IT- and IT security ops to ensure continuous network, and network segment isolation that meets their mission specific policies and regulatory requirements. SensorFu Beacon is available as virtual appliance, software application and as hardware appliance.
- Brightplus — Brightplus is an innovative renewable materials manufacturing company from Finland. We specialise in design and development of new functional properties for industrial biomaterial solutions. We cater for industries like packaging, construction, cosmetics and consumer goods. Our expertise is based on developing solutions to multiple industries andproviding fast prototyping and full fit for customers’ production lines. Our deep chemical BrightBio® technology creates an optimal fit between coatings, barriers and plastic replacing materials to help you in raising your material functionality to the next level.
Active investment firm that calling founders with a great product vision across diverse industries
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed
- Geography: United States, Russian Federation, United Kingdom
Investor stats
- Total investments: 102
- Round size: Seed $30k–$3.4M; Pre-Seed $31k–$621k
- Lead/follow: 3% lead, 97% follow
Portfolio highlights
- Renova — AI-driven no-code platform for insurance industry.
- Whizz — My Device is a subscription-based rental service provider for devices like electric scooters, bicycles, home sports equipment, etc.
- inspace — inspace is the innovative platform that streamlines workplace management and optimizes space utilization. Elevate your workplace experience with inspace.
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Browse database — It's Free!Sitra is the venture capital investment arm of Sitra specializing in investments in seed, start-ups, early stage opportunities, and other funds. The firm invests through its three programmes namely, Health Care Programme, the Food and Nutrition Programme, and the Environmental Programme. Within the Health Care Programme, investments are focused oncompanies engaged in paper-free health care, seamless services, decentralised specialised health care, and support services. Within the Food and Nutrition Programme, investments are made in enterprises engaged in the food and nutrition sector, including value-adding upgrading of raw materials and new applications and service concepts in food and nutrition technology.
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- Industry: Health Care, Biotechnology, Therapeutics
- Stage:Series A, Series C
- Geography: Finland, The Netherlands
Investor stats
- Total investments: 7
- Lead/follow: 14% lead, 86% follow
Portfolio highlights
- Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
- NaturVention — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
- SET Ventures — SET propels founders from early growth to European scale. We invest in and grow the solutions powering the digital energy economy.
OMV Petrom SA is an integrated oil and gas company. The exploration & Production segment consists of the exploration, development, & production of crude oil, & natural gas.
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- Industry: Fuel, Energy, Clean Energy
- Stage:Series A, Private Equity, Corporate Round
- Geography: France, Finland, The Netherlands
Investor stats
- Total investments: 4
- Round size: Series A $45M–$45M
- Lead/follow: 25% lead, 75% follow
Portfolio highlights
- EIT InnoEnergy — InnoEnergy is industrialising clean tech innovation for a net zero economy. We invest in startups and build industrial value chains.
- Respiră Verde — Respiră Verde engages in the waste fats and used edible oils. Respiră Verde engages in the non-hazardous waste management segment and collection, recovery and final disposal of used (or expired) edible oils and fats.
- Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
PC Rettig & CO Impact
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- Industry: Mining, Robotics, 3D Printing
- Stage:Seed
- Geography: Finland
Investor stats
- Total investments: 2
- Round size: Seed $3.3M–$8.3M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.
- Polar Night Energy — Polar Night Energy - Seasonal heat storage in district heating and industrial applications. The energy revolution is here.
We are investing in #FutureFood. Nordic FoodTech VC is the first fund in the Nordics investing explicitly in the future of food
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- Industry: Biotechnology, Food and Beverage, Life Science
- Stage:Seed, Series A, Pre-Seed
- Geography: Finland, Denmark, Sweden
Investor stats
- Total investments: 28
- Round size: Seed $549k–$5.5M; Pre-Seed $1M–$1.9M; Series A $7.4M–$18M
- Lead/follow: 54% lead, 46% follow
- Last fund: Likely still investing — raised $49M in 2021
Portfolio highlights
- Enifer — Enifer Bio is an expert at squeezing every last drop of value from biorefining operations. The solution is built on decades of Finnish expertise to allow the production of valuable protein-rich feed from streams previously considered worthless. The company has developed a new, sustainable production process for high-quality fish feed raw material.The company's method enables the efficient production of a single cell protein from fish by-products as a raw material for fish feed. The protein can replace soy, which is commonly used in fish feed and whose cultivation poses ecological challenges, such as deforestation in South America.
- Hailia Oy — We mainstream seafood sidestreams with technology that upcycles them into tasty food products.
- NPHarvest — NPHarvest is a company with expertise in organic waste management, wastewater treatment, and nutrient recovery. NPHarvest is a research project aiming to enable efficient and profitable nitrogen recycling from waste flows to the fertilizer market, utilizing energy-efficient hydrophobic membrane stripping and ballasted sedimentation of phosphoruswith lime.
Emerald Technology Ventures specializes in clean technology venture capital. Founded in 2000, Emerald focuses on the areas of energy, water, and materials. From offices in Zurich, Switzerland and Toronto, Canada, Emerald manages several venture capital funds and venture capital portfolio mandates.
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- Industry: Manufacturing, Software, Energy
- Stage:Series B, Series A
- Geography: United States, Germany, Finland
Investor stats
- Total investments: 82
- Lead/follow: no public data
Portfolio highlights
- Vytal — Start the Packaging Revolution! We are offering smart & reusable To-Go Packaging-as-a-Service to gastronomy clients & consumers.In Germany the consumption of take-away, convenience and delivery food & drinks is responsible for about 281 kilotons of single-use packaging waste for immediate consumption and is growing at double digitrates. Most of the time, To-Go food containers, snack boxes or coffee cups have a very short life-span of only 30 minutes after which they are tossed into trash (or litter parks, beaches & the ocean). This is not only a giant waste of economic resources as each single use costs between 15 and up to 0,60€ for a stable bowl/box with a lid. It is a horrendous waste of environmental resources (wood, water, crude oil, metals & energy) that are used to produce this packaging. Therefore, a single use packaging not weighing more than 30 grams can easily come with an ecological backpack of more than 8 kilograms when taking into account all the resources used in production (material intensities taken from Wuppertal Institute for Climate, Environment and Energy). Looking at GHG emissions, the picture is similarly bleak: Using CO2 emission factors and the detailed material mix of the single-use packaging waste analyzed by NABU (German Nature and Biodiversity Conservation Union), the 281 thousand tons waste from To-Go consumption generated around 556 thousand tons of CO2 or the equivalent of 195k passenger cars per year (assuming an average distance travelled of 15,000km). With the expected rise of take-away, convenience and delivery food, the related emissions are expected to increase at double digit rates as waste volume is expected to increase and as we saw a shift to plastics relative to cardboard or other materials. While there is a growing awareness of the problem, especially in Germany, there is no scalable solution yet and the commonly used alternative of nature-based & ‘biodegradable’ materials like bagasse or PLA also require many resources for production & transport, and have to be incinerated or go to landfill after use as there is currently no way to compost them.
- Fido Tech — FIDO AI provides innovative water leak detection and management solutions using cutting-edge technology to drive sustainability and efficiency in water systems.
- Keto Software — Strategic portfolio management to steer you through your strategic initiatives in business. Our product Keto AI+ Platform helps you to manage all your OKRs, strategies and Programmes & project portfolios.
Vantaan Energia is one of Finland's largest urban energy companies.
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- Industry: Automotive, Electronics, Mobile Apps
- Stage:Seed, Private Equity
- Geography: Finland, Sweden
Investor stats
- Total investments: 4
- Round size: Seed $2M–$4.4M
- Lead/follow: 75% lead, 25% follow
Portfolio highlights
- Myrspoven — Transform your building with Myrspoven's AI-driven solutions. Reduce energy costs, enhance sustainability, and lower emissions with advanced technology.
- Virta — The Virta platform for electric vehicle charging gives you an accelerated and cost-effective channel to launch, operate, and grow an EV charging business.
- Carbonaide — Carbonaide offers the most effective and robust carbonization technology for pre-cast concrete manufacturers.
Heraeus, the technology group headquartered in Hanau, Germany, is a leading international family-owned portfolio company.
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- Industry: Manufacturing, Biotechnology, Therapeutics
- Stage:Seed, Corporate Round, Series A
- Geography: Germany, China, Japan
Investor stats
- Total investments: 11
- Round size: Series A $4.4M–$8.5M
- Lead/follow: 45% lead, 55% follow
Portfolio highlights
- CSMH — Compound Semiconductor (Xiamen) Technology Co., Ltd. is an advanced semiconductor manufacturing technology based joint venture company invested from the Korea, China and Singapore, registered in the city of Xiamen, China. We have equipped with advanced semiconductor manufacturing tools including MPCVD, MOCVD, LPCVD, HVPE and high temperature PVDto produce high quality Diamond wafer and AlN template on various substrate including Si, sapphire, and polished diamond. Our mission is to be the most advanced compound semiconductor company in the global market, contributing to the related technology development. We have strong R&D team and actively collaborate with best research group around the world. Currently, we are providing the thermal grade polycrystalline diamond, which can be used as an effective heat sink aims to solve the heat issue in temperature sensitive device, such as power devices, lasers and avalanche photodiodes etc. We also provides wafer scale polished diamond with sub-nanometer RMS surface roughness, which might be suitable for the integration of GaN, GaO and AlN epilayers and devices on Diamond via direct bonding or heteoepitaxy.
- Holosolis — Holosolis contributes to the EU’s goal of local PV module production and curbing global warming. We will build the largest photovoltaic panel factory in Europe.
- Tsubame BHB — Tsubame BHB is a Sales company
PeakBridge is a highly networked, global impact VC that funds and connects the people, technology and processes that will shape the future of food. We invest in visionary pioneers, from early stage to Series A-B, with scalable, protectable climate and health-focused technologies. At their core: a deep commitment to disrupting our food system whiledriving positive impact. Our team is spread across seven countries and includes pioneers of FoodTech investment and decades of deep Agri-Food operational and financial experience. Together, we create exceptional value for bold FoodTech entrepreneurs and investors. A member of the Edmond de Rothschild Private Equity partnership, PeakBridge is also the only venture capital firm that is an official partner of the world’s largest Agri-Food innovation initiative, EIT Food.
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- Industry: Food and Beverage, Health Care, Food Processing
- Stage:Series A, Seed, Series B
- Geography: Israel, United States, United Kingdom
Investor stats
- Total investments: 49
- Round size: Seed $768k–$11M; Series A $4.9M–$17M; Series B $11M–$50M
- Lead/follow: 43% lead, 57% follow
- Last fund: Likely still investing — raised $106M in 2022
Portfolio highlights
- Mondra — Unlock supply chain intelligence for food system resilience. Discover insights and solutions to build robust and adaptable food supply chains.
- SOUS — One easy-to-use tool to grow traffic, make online sales, seamlessly handle orders and drive retention. Built for food entrepreneurs, built with taste.
- KÄÄPÄ Biotech — Medicinal mushrooms, biotechnology, mycology, forestry, agroforestry, and food production.
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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- Industry: Software, E-Commerce, Information Technology
- Stage:Seed, Series A, Pre-Seed
- Geography: Finland, Norway, Denmark
Investor stats
- Total investments: 93
- Round size: Seed $900k–$8M; Pre-Seed $1.1M–$2.7M; Series A $3.3M–$37M
- Lead/follow: 46% lead, 54% follow
- Last fund: Likely actively investing — fund raised in 2024
Portfolio highlights
- Yaak Technologies ApS — Safety in urban self-driving is currently an afterthought. At Yaak, we distill safety from driving experts for the next generation of human and autonomous driving.
- IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
- Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
UB Forest Industry Green Growth Fund ("UB FIGG") is a private equity fund investing in companies focused on plastic and other fossil fuel based material replacements, higher value and more efficient use of wood and agricultural raw material side streams and greater use of these raw materials across a wide range of intermediate and enduses.Through its investments, the Fund helps the forest and bio-based industries to create solutions to mitigate climate change. UB FIGG is a signatory of Operating Principles for Impact Management and reports on the environmental and climate impact of its investments.
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- Industry: Chemical, Forestry, Recycling
- Stage:Series A
- Geography: Finland
Investor stats
- Total investments: 4
- Round size: Series A $26M–$30M
- Lead/follow: 100% lead, 0% follow
- Last fund: Likely still investing — raised $129M in 2023
Portfolio highlights
- Notpla — We are a combination of designers and chemists, engineers and entrepreneurs. We’re hard to define because what we’re doing hasn’t been done before. We create advanced packaging solutions that disappear, naturally.
- Paptic — Paptic is manufacturing company that revolutionizes environmental new material, wood-based renewable and recyclable products replacing paper and plastic. Paptic Ltd was April 2015. The company is based in Espoo, Finland and employs today 10 persons.
- Nordtreat — Nordtreat is a producer of bio-based flame retardants for the global construction products industry. Nordtreat's NORFLAM® flame retardants for wood protect over 2000 buildings around the world.
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Browse database — It's Free!Turret Oy is an investment vehicle controlled by Paul Ehrnrooth
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- Industry: Energy, Farming, Seafood
- Stage:Seed, Series A
- Geography: Finland
Investor stats
- Total investments: 10
- Round size: Seed $2.7M–$8.3M; Series A $33M–$45M
- Lead/follow: 30% lead, 70% follow
Portfolio highlights
- Digitalist — Say hello to Digitalist in Finland, your true partner for digital transformation. From customer experience consulting to cutting-edge technology services, we help businesses to future-proof their operations.
- TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
- Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.
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- Industry: Software, Information Technology, Health Care
- Stage:Seed, Series A, Series B
- Geography: Finland, Sweden, United States
Investor stats
- Total investments: 165
- Round size: Seed $549k–$6M; Series A $1.3M–$17M; Series B $1.3M–$23M
- Lead/follow: 46% lead, 54% follow
- Last fund: Likely still investing — raised $169M in 2022
Portfolio highlights
- Finch — Optimize building design with AI and graph technology. Get immediate feedback on performance, detect errors and find optimal solutions.
- Reveel — Say goodbye to paper maps, brochures, and outdated audio guides. Reveel offers digital solutions for destinations such as UNESCO sites, sights, museums, cities, hotels and parks, taking the visitor experience to the next level. Become part of the smart destination movement, enhance the visitor experience, and discover the future of travel.
- ONEiO — ONEiO is a cloud-native integration service provider connecting people, processes, and tools – enabling seamless collaboration without traditional integration hassle. Provided as a turn-key solution, as self-service, or something in between. You choose.
Halton Ventures operates as a venture capital firm.
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- Industry: Smart Building, Energy, GreenTech
- Geography: Finland
Investor stats
- Total investments: 3
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- Smart Heating — Smart Heating focus on hybrid heating systems for real estates. Smart Heating implements energy-efficient heating solutions for more than 100 buildings.
- Soletair Power — Soletair Power is a Finnish startup founded in 2016, operating in the fields of Direct Air Capture and power-to-X technology. The company captures CO2 from the air by retrofitting buildings' ventilation systems with carbon capture technology, resulting in low building emissions. Captured carbon dioxide can be mineralized into concrete, storedas pressurized gas or liquid, transported, and used as raw materials to produce synthetic products. In 2020, Wärtsilä, together with Soletair Power and Q-Power, created their first enclosed Power-to-X unit in the world which can produce synthetic methane from air-captured CO2 straight from the Finland pavilion in Expo 2020 Dubai, United Arab Emirates. The company has delivered multiple carbon dioxide capturing units since then to Germany, Finland, and Denmark.
We are an early stage VC for climate tech startups.
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- Industry: Software, Energy, Renewable Energy
- Stage:Seed, Pre-Seed, Series A
- Geography: Germany, Switzerland, Finland
Investor stats
- Total investments: 51
- Round size: Seed $2.2M–$6.2M; Pre-Seed $344k–$4.2M; Series A $2.7M–$12M
- Lead/follow: 22% lead, 78% follow
Portfolio highlights
- UNOWN — Unown is a service and SaaS provider for the fashion industry. Our goal is to revolutionize the way we buy & sell clothing and thereby save 100,000 tons of CO2e every year. We believe that through our leasing, subscription and pre-loved services, we can use resources smarter and create higher value per asset.We enable brands to secure theirshare in the growing secondary markets. They lease out their assets through our revenue share model and get access to deep usage data. We enable customers to experience fashion with a completely new mindset. Our service allows them to rotate their wardrobe while maintaining an efficient and conscious lifestyle.
- Verna — Verna is a business using geospatial data science to address the climate and nature crises.We help landowners, investors, and policymakers to use land in ways that draw down carbon, enhance biodiversity and generate sustainable returns – e.g. through woodland creation, habitat creation and enhancement, and regenerative agriculture.Verna wasestablished in Borehamwood, Hertford.
- Ostrom — We make energy fair, smart and green - one flexible monthly plan with no hidden fees, digital-first and 100% renewable energy.
Founded in 2005, True Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups. With more than $3.8 billion under management, True provides seed and Series A financing to entrepreneurs in some of today's growing markets. With more than 40 team members including special advisors, operationsprofessionals, and founders-turned-investors, True represents one of the largest and most experienced teams dedicated to the ecosystem. The True team believes creativity flourishes when founders are supported fully and empowered to pursue brave ideas. To that end, the True Platform offers programs that inspire professional and personal growth. To date, True has helped more than 350 companies launch and scale their businesses, creating over 85,000 jobs worldwide. True was awarded Venture Firm of the Year by the National Venture Capital Association in 2018. To learn more, visit www.trueventures.com.
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A, Series B
- Geography: United States, United Kingdom, Canada
Investor stats
- Total investments: 597
- Round size: Seed $1.2M–$9.6M; Series A $2M–$28M; Series B $4M–$50M
- Lead/follow: 37% lead, 63% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Bigscreen — Founded by Darshan Shankar in 2014, Bigscreen is a venture-backed startup creating an immersive virtual reality platform that aims to revolutionize the way people work, play, hangout, and collaborate.Use cases of Bigscreen include both entertainment and productivity. Users love using Bigscreen as a "VR movie theater" to watch movies andTV shows. It's also used to play videogames, browse the web, and hangout with friends. It's can also be used for productivity as a tool for remote teams to collaborate together in virtual offices.Since the beta launch in March 2016, Bigscreen has become one of the most popular and highest rated VR apps on the Oculus Store and has an incredible 93% positive rating on Steam. Power users spend 20-30 hours per week in Bigscreen, making it one of the most widely used "killer apps" in the industry.Bigscreen is now the most popular non-gaming VR application in the world.Bigscreen is a fully distributed remote company with employees based around the world in the US & UK.
- Yousician — Yousician is a fun way to learn the guitar, piano, bass, ukulele or singing. Enjoy thousands of songs with Yousician as your personal music teacher!
- Diligent Robotics — We build robots like Moxi that assist hospital staff with routine activities so they can focus on caring for patients.
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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- Industry: Software, Health Care, Information Technology
- Stage:Seed, Pre-Seed
- Geography: Finland, Denmark, Sweden
Investor stats
- Total investments: 79
- Round size: Seed $507k–$4.5M; Pre-Seed $163k–$2M
- Lead/follow: 61% lead, 39% follow
- Last fund: May invest from a new fund soon — raised $35M in 2020
Portfolio highlights
- Innomost — Innomost develops and produces high-value bioactive ingredients from forest industry side streams that enable customers to make innovations in the cosmetic beauty industry. Its current product portfolio consists of birch charcoal powder, birch bark powder, betulin, suberin, and azelaic acid, which can trigger innovation in all cosmetic productcategories including skincare, haircare, body care, decorative cosmetics, and oral care.
- Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.
- Teitur Trophics — Teitur Trophics is a biotech company developing circular peptides for neurodegenerative diseases. The company was founded in 2020 and is headquartered in Aarhus, Denmark.
Failup Ventures is a Finnish-American venture capital fund based in San Francisco and Helsinki. We invest in early-stage startups with strong, mission driven teams.
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- Industry: Software, E-Commerce, Power Grid
- Stage:Seed, Pre-Seed
- Geography: Finland, United States, Sweden
Investor stats
- Total investments: 15
- Round size: Seed $1.4M–$7M; Pre-Seed $649k–$2.5M
- Lead/follow: 53% lead, 47% follow
- Last fund: Likely still investing — raised $34M in 2023
Portfolio highlights
- Nvelop — Nvelop automates source-to-contract procurement. Generate RFPs in minutes, score vendor proposals with AI, and ensure 100% audit compliance. Cut sourcing cycles by 40%.
- Optivian —
- Studio 555 — Redefining digital interior design with unrivaled technology, UX and visual fidelity
Classic arcade gaming experience
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- Industry: Software, Information Technology, FinTech
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, Finland, Japan
Investor stats
- Total investments: 75
- Round size: Seed $1M–$7M; Pre-Seed $255k–$3.8M; Series A $6.1M–$68M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Vital — Intuitive, user friendly, smart hospital software that leverages AI for an optimized patient and clinician experience.
- 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.
- Green Room — Easily keep track of your live shows, team members, and live event finances with Green Room. Green Room is your business manager, scheduling assistant, and basic accountant, all from the convenience of your phone.
CFT Nordic Capital
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- Industry: Energy, Semiconductor
- Stage:Seed
- Geography: Finland
Investor stats
- Total investments: 1
- Lead/follow: no public data
Portfolio highlights
- Minima Processor — Minima Processors technology enables energy efficiency improvement of up to 20x in digital processors compared to legacy solutions. The main efficiency increase comes from ultra-low voltage (subthreshold) operation and additionally the elimination of timing margins brings gains at nominal operating voltages.
Ecolab provides comprehensive solutions, data-driven insights, and personalized service to customers in the food, healthcare, hospitality, and industrial markets in more than countries to advance food safety, maintain clean and safe environments, optimize water and energy use, and improve operational efficiencies and sustainability.
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- Industry: Software, SaaS, Manufacturing
- Stage:Series A, Series B
- Geography: United States, Finland, Canada
Investor stats
- Total investments: 13
- Lead/follow: no public data
Portfolio highlights
- GravitHy — We produce low-carbon iron from hydrogen to offer a new value chain and accelerate the decarbonization of the steel industry.
- Membrion — Remove Problematic Ions to Expand Capacity, Ensure Compliance, and Eliminate Costs with Electro-Ceramic Desalination
- The Water & Carbon Group — The Water & Carbon Group is a contractor that designs, builds, and operates wastewater treatment and ecological infrastructure solutions.
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Browse database — It's Free!Aura Group is a financial services company operating out of Australia and Singapore that provides tailored wealth and funds management solutions across the Asia Pacific region. Our vision is to build trust that lasts generations.
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- Industry: iOS, Blockchain, Information Technology
- Stage:Series A, Seed
- Geography: Australia, Finland
Investor stats
- Total investments: 7
- Lead/follow: no public data
Portfolio highlights
- InStitchu — InStitchu is an online custom clothier specializing in tailor made menswear. Customers are able to design custom made garments online which are then made to their exact measurements.InStitchu provides tailor made, high quality menswear through a simple online ordering process. Once a customer has added measurements to their profile, a suit orshirt can be ordered in a few minutes and on its way in two weeks. There are multiple ways for a customer to get their measurements perfected and enjoy that “perfect fit” InStitchu customers keep coming back for - our measurement guide will take you on a journey from your living room to the hustle and bustle of our tailor’s studio. Customers can choose from a wide range of globally sourced high quality wool and cotton fabrics, and when you’ve chosen, we’ll deliver your design right to your door. This new approach to shopping is stress free and cuts out the middleman, allowing us to deliver customers luxury tailor made suits and shirts without the high price tag.
- Lygon — Lygon operates as a blockchain banking start-up. The Lygon platform is an industry solution that streamlines the bank guarantee process for everyone.
- Global Reviews — Prioritised, enterprise-wide decision making, based on digital intelligence and customer centric research. Learn how Global Reviews can help your business here.
Bridging the gap between founders and capital through content, connections and experience.
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- Industry: Software, Information Technology, FinTech
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Canada, Finland
Investor stats
- Total investments: 69
- Lead/follow: no public data
Portfolio highlights
- Medmo — Patients frequently have to wait longer, travel farther, and pay more for medical imaging than is necessary. That's something we're here to change.
- ePallet — ePallet is a technology and logistics startup that makes it easy and efficient to buy and sell wholesale food by the pallet.ePallet makes it easy for Vendors to sell more and customers to save more. ePallet provides an artificial intelligence (AI)-driven platform that allows customers to directly access to manufacturers’ products in full-palletincrements.
- Surf Protocol — Surf Protocol is a decentralized platform for trading perpetual contracts. The company's goal is to make trading more transparent and secure.
European Circular Bioeconomy Fund invest and partner with entrepreneurs to accelerate late-stage circular bioeconomy companies.
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- Industry: Biotechnology, AgTech, Agriculture
- Stage:Series B, Series A, Series C
- Geography: The Netherlands, France, Italy
Investor stats
- Total investments: 16
- Lead/follow: no public data
Portfolio highlights
- OroraTech — From safeguarding forests and ecosystems to protecting communities and critical assets, OroraTech's advanced technology and reliable insights address challenges, mitigate risks, and drive meaningful impact.
- Elicit Plant — We work with farmers around the world to meet the challenges of climate change and the impact of water scarcity on field crops.
- watttron — Watttron invents a revolutionary heating system that can heat up surfaces heterogeneously.Watttron develops an innovative heating technology that can be used in various industrial processes. It is superior to current heating systems in many ways and offers a number of advantages. On the following pages, you will find information about possibleapplications and opportunities.The company is located in the Technologie- und Gründerzentrum Freital – a technology and start-up center on the outskirts of Dresden, the state capital of Saxony.
Sojitz is operates as a general trading company. The company exports built-up vehicles; assembles, manufactures, and sells local vehicles; and sells automobiles and motorcycle components, commercial aircraft, defense and related equipment, business jets, tires, surface-mounting machines, bearings, oil, natural gas, LNG, petroleum products, nuclearfuels, and nuclear power-related equipment and machinery.
Show more...Investment focus
- Industry: Health Care, Medical, Manufacturing
- Stage:Corporate Round, Series A
- Geography: Japan, United States, India
Investor stats
- Total investments: 31
- Lead/follow: no public data
Portfolio highlights
- Ripplr — Ripplr is a full-stack tech distribution and logistics player that offers data-driven analytics and plugs and play system.
- Tacta Systems — Tacta Systems develops robotics with human-like tactile abilities with Dextrous Intelligence, the nervous system for robots.
- Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.
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- Industry: Financial Services, FinTech, Energy
- Stage:Debt Financing, Series B
- Geography: Kenya, India, South Africa
Investor stats
- Total investments: 53
- Lead/follow: no public data
Portfolio highlights
- Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
- TPL Insurance — TPL Insurance is a Pakistan's first direct insurance company that take care of all insurance related matters.
- Cassava Technologies — Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
Goldacre is a family office investment house focusing on asset management businesses. It is dedicated in supporting businesses that drive change through technology in the real estate sector in the UK, Europe, and Israel.Goldacre aims to deliver above-average returns while controlling risk through market analysis, intelligent financing, andintensive investment management.
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- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Seed, Series A, Series B
- Geography: United Kingdom, Israel, Spain
Investor stats
- Total investments: 15
- Lead/follow: no public data
Portfolio highlights
- Faradai — Dedicated software to help you manage your carbon, ESG and energy data
- Modulous — The Modulous Fastrack solution is a digitally integrated process enabling the rapid design, assembly and delivery of high quality, affordable, sustainable and smart homes.
- Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.
LähiTapiola is based on mutual company form, a group of companies owned by its customers, serving the personal, farm, entrepreneurial.
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- Industry: Banking, FinTech, Internet
- Stage:Debt Financing
- Geography: Finland
Investor stats
- Total investments: 4
- Lead/follow: no public data
Portfolio highlights
- Enfuce — Enfuce is a cloud-based financial services provider that specializes in card issuing and payment processing services. It helps banks, fintech, and financial institutions become and remain fully PSD2 compliant, and helps them give third-party service providers access to digital accounts.The company was founded in 2016 and is headquartered inEspoo, Finland.
- Connected Finland — The IoT operator of Finland, enabling millions of smart devices to connect directly to internet, with the most energy and cost efficient connectivity solut
- Altum Technologies — Fouling costs several billions of euros every year and Altum can solve these issues. With Altum's unique approach:- You won't have production downtime - You will be more energy efficient - You don't need to use chemicals for cleaning - You will minimize maintenance - You will increase health and safety - You will act moresustainableThrough their intelligent software, Altum is the only company in the world who can completely control Power Ultrasound to make fouling disappear once and for all without stopping production. This is done by externally applying the system to any liquid carrying equipment (heat exchangers, pipes, tanks, cooling towers, filters, reactors, etc.) without the need to do any changes to them.Their externally installed power ultrasound solution is capable to clean almost any dirt, like biofouling, mineral scaling, chemical fouling.There are numerous different cases in which their power ultrasound patented solution can help.
Kiilto Ventures is a family-owned company. Kiilto invests strongly in growth and renewal, determined to keep on reinventing and challenging themselves beyond their present core business.
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- Industry: Construction, CRM, Hospital
- Stage:Seed
- Geography: Finland, Portugal
Investor stats
- Total investments: 5
- Lead/follow: no public data
Portfolio highlights
- Delox — Delox is a spin-off of the Faculty of Sciences of the University of Lisbon (FCUL), whose goals consist in the design, development, and production of a vast portfolio of automatic biodecontamination robots. Target applications include the sterilization of medical devices in hospitals, health centers and field hospitals (for humanitarian missions,catastrophe situations, and war zones); room biodecontamination in hospitals, pharma, food industry and space; and laboratory equipment biodecontamination.
- Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
- Asumma Homes — Asumma Homes is a construction technology company that focuses on building a global brand in housing. It provides architectural design, configuration, customization, and construction engineering. Asumma Homes was founded in the year 2021.
The University of Helsinki has the widest range of disciplines in Finland. It was established in Turku in 1640, but was transferred to Helsinki in 1828. The number of faculties is eleven. There are 35,000 degree students and 7,900 staff. The number of degrees taken each year is an average 5,000, of which about 470 are doctorates. The Universityconcentrates on high-level scientific research and researcher education. Scientific research is also the basis of the teaching provided by the University. The University operations support the development of society, as well as business and industry. University representatives offer their competencies for the benefit of society through a number of positions of trust and expertise. The results produced by the research and teaching carried out at the University have been widely acclaimed. The University participates in more than half of the national Centres of Excellence in Research, elected by international scientific panels. The University of Helsinki has been invited to be a member of the League of European Research Universities, a co-operation body for the leading European research universities. According to international expert panels, also the teaching provided by the University of Helsinki is of a high European level. The University has strong international connections. It has some 80 co-operation agreements with universities on different continents. The University researchers are in great demand as experts in international scientific communities, meetings and publications. The University is bilingual, but in addition to Finnish and Swedish teaching is also provided in English. Besides Helsinki, the University has operations at 20 localities throughout Finland.
Show more...Investment focus
- Industry: Apps, Hospital, Consulting
- Stage:Seed, Grant, Pre-Seed
- Geography: Finland, Luxembourg
Investor stats
- Total investments: 7
- Lead/follow: no public data
Portfolio highlights
- NADMED — The standard of NAD measuring
- Solid IO — Solid IO is transforming precision oncology with organ-on-chip technology, delivering real-time, patient-specific insights to improve cancer treatment decisions.
- Moncyte Health — Unique technology and novel data for personalized and optimal treatment of high cholesterol
Taaleritehdas Wealth Management is helping all Finns see the advantages of ownership and find their own way to own.
Show more...Investment focus
- Industry: Financial Services, FinTech, Lending
- Stage:Seed, Pre-Seed
- Geography: Finland, Kenya
Investor stats
- Total investments: 8
- Lead/follow: no public data
Portfolio highlights
- Rester — Rester is a Finnish company enabling the recovery of business textiles into a new textile fibre and quality raw material.
- Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
- Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
Energy VC funding in Finland at a glance
Stats across 223 deals from 209 investors.
Access all 209 VC funds in Finland Energy startups.
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