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Top 50 Enterprise Software Startup Investors in Finland (November 2026)

The most active venture capital funds and angel investors investing in Finland Enterprise Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Enterprise Software startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ali Omar
Angel
6 Finland, United States, Estonia Seed, Pre-Seed, Angel Software, Artificial Intelligence, SaaS $57k–$2.2M
Lifeline Ventures
VC Fund
5 Finland, United States, United Kingdom Seed, Series A, Venture - Series Unknown Software, Health Care, Artificial Intelligence $430k–$22M
Tesi
VC Fund
5 Finland, United States, Switzerland Series A, Series B Software, Manufacturing, Information Technology $2.4M–$46M
Finnvera Venture Capital
VC Fund
5 Finland, United States, Chile Seed, Venture - Series Unknown, Series A Software, Health Care, Information Technology $228k–$23M
Visionplus
VC Fund
4 Finland, United States, United Kingdom Seed, Venture - Series Unknown, Series A Software, Information Technology, Internet $87k–$14M
Summit Partners
VC Fund
4 United States, Germany, United Kingdom Private Equity, Series B, Venture - Series Unknown Software, Information Technology, Health Care $4.8M–$290M
OpenOcean
VC Fund
4 Finland, United States, Germany Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $2.3M–$30M
octopus investments
VC Fund
3 United Kingdom, United States, Finland Venture - Series Unknown, Series A, Series B Software, SaaS, E-Commerce $1.8M–$16M
Icebreaker.vc
VC Fund
3 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $110k–$25M
Reaktor Ventures
VC Fund
3 Finland, Germany, United States Seed, Pre-Seed, Series A Software, Internet, E-Commerce $151k–$6.8M
Marten Mickos
Angel
3 Finland, United States, Sweden Seed, Series A, Convertible Note Software, Enterprise Software, Internet $550k–$10M
Business Finland
VC Fund
3 Finland, United States, United Kingdom Grant, Seed, Debt Financing Software, SaaS, Biotechnology $52k–$6.6M
Kedar Dani
Angel
2 Finland Seed, Series A Software, Machine Learning, Enterprise Software
LEO Innovation Lab
VC Fund
2 United States, Finland, United Kingdom Seed, Series A Health Care, mHealth, Software $620k–$2.8M
Molten Ventures
VC Fund
2 United Kingdom, United States, Germany Series A, Series B, Series C Software, Information Technology, Artificial Intelligence $3.2M–$200M
Creathor Ventures
VC Fund
2 Germany, Switzerland, United States Series A, Series B, Seed Software, Health Care, Biotechnology $1.1M–$30M
Nordic Angel Program
VC Fund
2 Norway, Estonia, Finland Seed, Angel Apps, Software, Productivity Tools $70k–$1M
Kulpreet Singh
Angel
2 Finland, Germany, United States Seed, Series A, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $3M–$10M
Inventure
VC Fund
2 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $549k–$25M
Superhero Capital
VC Fund
2 Finland, Lithuania, Estonia Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $114k–$7.3M
Gorilla Capital
VC Fund
2 Finland, Sweden, Estonia Pre-Seed, Seed, Venture - Series Unknown Software, Information Technology, SaaS $149k–$2.1M
Bachmaier Invest GmbH
VC Fund
2 Austria, Finland Seed, Series A Software, Construction, Infrastructure $12M–$12M
Maki.vc
VC Fund
2 Finland, Norway, Denmark Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $578k–$37M
Qualcomm Ventures
VC Fund
2 United States, China, India Series B, Series A, Series C Software, Artificial Intelligence, Mobile $3M–$130M
Sparkmind.vc
VC Fund
2 Finland, Germany, Sweden Seed, Series A Education, E-Learning, Software $793k–$10M
Henry Nilert
Angel
2 Finland, Latvia, United States Pre-Seed, Seed, Angel Software, Health Care, Enterprise Software $393k–$2.6M
Nauta Capital
VC Fund
1 Spain, United Kingdom, United States Series A, Seed, Series B Software, SaaS, Mobile $1.2M–$27M
Martin Ostermayer
Angel
1 Germany, Spain, Finland Seed, Pre-Seed, Series A Education, Apps, Software $1.1M–$5.9M
Janne Jormalainen
Angel
1 Finland, United Kingdom Pre-Seed, Angel Hardware, Software, Health Care $360k–$1.7M
Timo Hentunen
Angel
1 Finland Pre-Seed Training, Education, Human Resources
Reetta Rajala
Angel
1 Finland Pre-Seed Training, Education, Human Resources
eEquity
VC Fund
1 Sweden, Denmark, Finland Venture - Series Unknown, Private Equity, Seed E-Commerce, Fashion, Retail $2.4M–$15M
Ambient Sound Investments
VC Fund
1 Estonia, United States, United Kingdom Seed, Series A, Series B Internet, Software, E-Commerce $200k–$6M
Conor Venture Partners
VC Fund
1 Finland, United States, Sweden Series A, Series B, Seed Software, Analytics, Semiconductor $1.1M–$16M
Ria Parppei
Angel
1 Finland Pre-Seed Training, Education, Human Resources
Ventech
VC Fund
1 France, Germany, United States Series A, Series B, Seed Software, E-Commerce, Internet $1.2M–$68M
Aboa Venture Management
VC Fund
1 Finland Seed, Private Equity Software, Manufacturing, Hardware
Atlassian Ventures
VC Fund
1 United States, Australia, United Kingdom Seed, Series B Software, Information Technology, Artificial Intelligence
Failup Ventures
VC Fund
1 Finland, United States, Sweden Seed, Pre-Seed Artificial Intelligence, Power Grid, Electric Vehicle
Innovestor
VC Fund
1 Finland, Denmark, Sweden Seed, Series A Software, Health Care, Manufacturing
Jonathan Scudder
Angel
1 Finland, United Kingdom Seed, Pre-Seed Artificial Intelligence, Software, Cyber Security
Verdane
VC Fund
1 Sweden, Norway, Germany Venture - Series Unknown, Private Equity Software, E-Commerce, Information Technology $2.2M–$100M
Runa Capital
VC Fund
1 United States, Germany, France Series A, Seed, Series B Software, SaaS, Financial Services
Jan Goetz
Angel
1 Finland Pre-Seed Machine Learning, Enterprise Software, Artificial Intelligence
Nordic Venture Partners (Sweden)
VC Fund
1 Sweden, Denmark, Finland Series A, Series B Software, Information Technology, Gaming $3.3M–$12M
Ridge Ventures
VC Fund
1 United States, Canada, Finland Series A, Seed, Series B Software, Internet, Information Technology
Ilkka Hiidenheimo
Angel
1 Finland Pre-Seed Industrial, Manufacturing, Nanotechnology
Bryant Chou
Angel
1 United States, Canada, Finland Seed, Series A, Angel Software, E-Commerce, SaaS
Juha Vartiainen
Angel
1 Finland Pre-Seed Machine Learning, Enterprise Software, Artificial Intelligence
OnCorps
VC Fund
1 Finland Series A, Series C Database, Software, Open Source
Access all 150 investors in Finland Enterprise Software startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Ali Omar
Angel · Helsinki, Southern Finland, Finland · 6 investments in Finland Enterprise Software startups

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

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Finland, United States, Estonia

Investor stats

  • Total investments: 69
  • Round size: Seed $227k–$2.2M; Angel $57k–$1.7M; Pre-Seed $168k–$734k
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Themo — Themo's innovation is an algorithm that optimizes the price of exchange electricity and the consumption of electricity. Themo offers an easy and environmentally friendly way to save on electricity consumed by heating.
  • GoalProfit — GoalProfit is the world’s first low code retail optimization platform empowering retailers to build customized intelligence applications. It was founded by former IBM executives, Maxim Morozov and Oleg Sidorkin. GoalProfit is on a mission to make big data solutions available for all retailers and help them to survive in a new post-covid reality.
  • Retailgrid — Retail pricing software that lifts margin, not workload. Competitor price monitoring every 4 hours, price optimization and plain-English rules in a Grid your team already knows. Free pricing audit.
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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 5 investments in Finland Enterprise Software 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: 208
  • Round size: Seed $580k–$5.4M; Series A $2.8M–$22M; Venture - Series Unknown $430k–$11M
  • Lead/follow: 38% lead, 62% 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.
  • 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.
  • Coherence Quantum — Coherence Quantum is a quantum hardware company that creates integrated cryogenic signaling and control platforms designed for solid-state quantum computers.
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Tesi
VC Fund · Helsinki, Southern Finland, Finland · 5 investments in Finland Enterprise Software 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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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 5 investments in Finland Enterprise Software 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, Information Technology
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Finland, United States, Chile

Investor stats

  • Total investments: 96
  • Round size: Seed $250k–$2.3M; Series A $1.8M–$23M; Venture - Series Unknown $228k–$11M
  • Lead/follow: 17% lead, 83% 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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Visionplus
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Enterprise Software startups

WE HELP YOU TO GROW FASTER!

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 76
  • Round size: Seed $87k–$1.3M; Series A $2M–$14M; Venture - Series Unknown $100k–$4M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Pebble — Meet Pebble Flow: a 100% electric RV with active towing, auto-hitching and infinite off-grid power via our Extended Solar upgrade. Reserve now.
  • LiveMusicStage — We're a live music venue online. We let you to actually take part in the shows and interact with the bands while they're playing. You're always in the front row
  • BetterDoctor — Our provider network software solutions & services provide unmatched tools & insights for you. Discover how you can measure, manage, monitor & model.
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Summit Partners
VC Fund · Boston, Massachusetts, United States · 4 investments in Finland Enterprise Software startups, 12 in the past 12 months

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, Venture - Series Unknown
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 271
  • Round size: Series B $15M–$140M; Private Equity $25M–$290M; Venture - Series Unknown $4.8M–$130M
  • Lead/follow: 67% lead, 33% 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.
  • Cognitive Credit — Cognitive Credit - Advancing technology for credit investors
  • 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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OpenOcean
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Enterprise Software 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: 102
  • Round size: Seed $2.8M–$13M; Series A $2.3M–$22M; Series B $7.3M–$30M
  • Lead/follow: 40% lead, 60% 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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octopus investments
VC Fund · Andorra, Aragon, Spain · 3 investments in Finland Enterprise Software startups

Octopus Investments is a manager of venture capital trusts and investments that qualify for relief from inheritance tax. They invest in renewable energy, small companies, healthcare, and property. Their products include business relief, venture capital trusts, enterprise investment schemes, funds, and more.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Venture - Series Unknown, Series A, Series B
  • Geography: United Kingdom, United States, Finland

Investor stats

  • Total investments: 42
  • Round size: Series A $3.8M–$10M; Series B $4.4M–$16M; Venture - Series Unknown $1.8M–$9.4M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.5M in 2026

Portfolio highlights

  • Ixico — IXICO is a neuroscience company delivering AI-powered neuroimaging and biomarker analysis for CNS clinical trials. Trusted by global pharma and biotech to accelerate drug development.
  • Ossprey Security — Ossprey Security is a British cybersecurity company that detects malicious open-source packages in npm and PyPI using AI-powered behavioural analysis. Unlike signature-based scanners, Ossprey analyses what packages do at runtime to catch novel threats before they reach production. A graduate of both the Cyber Runway Launch and Grow programmes,Ossprey is working with copmanies across UK and European fintech, crypto, and technology companies to establish the standard for open-source dependency security.Engineering teams depend on open-source software at scale, and the supply chain attacks targeting those ecosystems are accelerating faster than traditional defences can track. Ossprey's just-in-time AI scanning pipeline catches malicious packages in real time, without relying on databases of known threats.The platform is API-first, with integrations across the CLI, CI/CD pipeline, AI security coding apps, IDEs, SCA, and a security dashboard, giving teams visibility at the point of dependency resolution rather than after a compromise has occurred. Ossprey has detected confirmed real-world campaigns including Shai-Hulud, Bitwarden CLI breach, and the Telnyx PyPI compromise.
  • Weev — Weev is an Electric vehicle (EV) charge point operator.
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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Enterprise Software 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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Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Enterprise Software 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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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Marten Mickos
Angel · San Francisco, California, United States · 3 investments in Finland Enterprise Software startups

Marten Mickos is the CEO of HackerOne, Inc. the leading vulnerability coordination and bug bounty platform. Previously Marten was the CEO of Eucalyptus Systems, acquired by Hewlett-Packard where he served as head of the cloud business. As the CEO of MySQL AB from 2001 to 2008, Marten grew that company from a garage start-up to the second largest open source company in the world. Marten holds a M.Sc. in technical physics from Helsinki University of Technology in his native Finland.

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Investment focus

  • Industry: Software, Enterprise Software, Internet
  • Stage:Seed, Series A, Convertible Note
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 16
  • Round size: Seed $550k–$4.5M; Series A $5M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tangled — The next-generation social coding platform.
  • Pandatron — With clients like SAP, Universal Pictures & Skanska, Pandatron is a startup that supports change management. We do it by scaling AI-driven coaching 1-on-1s to every employee, which also allows us to measure change.
  • Coherence Quantum — Coherence Quantum is a quantum hardware company that creates integrated cryogenic signaling and control platforms designed for solid-state quantum computers.
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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Enterprise Software startups, 15 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, United Kingdom

Investor stats

  • Total investments: 247
  • Round size: Seed $137k–$3.5M; Grant $52k–$6.6M; Debt Financing $252k–$6.5M
  • Lead/follow: 43% lead, 57% 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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Kedar Dani
Angel · London, England, United Kingdom · 2 investments in Finland Enterprise Software startups

Kedar Dani, UiPath.

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Investment focus

  • Industry: Software, Machine Learning, Enterprise Software
  • Stage:Seed, Series A
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Workfellow — Find what breaks the flow of work and processes - automatically. Then just fix it!
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LEO Innovation Lab
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Finland Enterprise Software startups

Innovating to improve life for people living with a skin condition

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Investment focus

  • Industry: Health Care, mHealth, Software
  • Stage:Seed, Series A
  • Geography: United States, Finland, United Kingdom

Investor stats

  • Total investments: 6
  • Round size: Seed $620k–$2.8M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • TalkLife — TalkLife is an online peer to peer support network for mental health; a global community to share the ups and downs of life with like-minded people 24/7.
  • Remedly — Cloud-Based EHR, RCM, and Practice Management Built for Aesthetic and Mental Health Practices. HIPAA-Compliant. Save 8+ Hours per Week. Book a Demo.
  • Combinostics — Using a combination of science and innovative AI technology, we aim to make a difference in the lives of patients with neurological disorders.
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Molten Ventures
VC Fund · London, England, United Kingdom · 2 investments in Finland Enterprise Software startups

Molten Ventures is a leading British venture capital firm backing Europe’s highest-growth private technology companies. Our expert investment team stay ahead of the curve, identifying transformative trends and next-generation companies before they break through. We combine multiple pools of capital to invest at all stages of the business lifecycle—from seed and early stage to growth and late stage—focusing on disruptive sectors like Spacetech, Fintech, and AI. Our strategy is simple: back bold ideas, scale them with capital and expertise, and unlock high-value exits—whether through strategic acquisitions, trade buy-outs, or IPOs. Since our 2016 IPO, we’ve delivered strong realised returns, reinvesting into the next wave of innovation—creating a virtuous cycle of growth and value.

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Investment focus

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

Investor stats

  • Total investments: 235
  • Round size: Series A $3.2M–$31M; Series B $8.3M–$60M; Series C $11M–$200M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — raised $7M in 2011

Portfolio highlights

  • StrikeAd — StrikeAd Fusion, a proprietary technology platform for agencies and advertisers to plan, execute, and evaluate their mobile advertisements. It is created to answer the ever growing need of media planning and buying agencies to manage their mobile campaigns effectively through a single platform. The company's platform is not a bolt on to anexisting DSP but a mobile-specific platform in its own right, a single console through which agencies can plan, execute and evaluate hundreds of mobile campaigns, minute-by-minute, on a global basis.
  • MAIA Technology — MAIA is a cloud native, API-first platform that unifies mission-critical data, Portfolio Management, Trading & Compliance, Risk & Performance, IBOR and Middle Office workflows into one architecture.
  • Mobile Travel Technologies — Mobile Travel Technologies (MTT) is the leading mobile travel technology specialist for airlines, hotels and travel intermediaries with an extensive customer base across the global travel industry.MTT’s advanced mobile travel platform powers some of the most successful and highest revenue generating mobile channels in the travel industry. As apioneer in this space having first launched mobile bookings for airlines in 2006, MTT has remained a first mover in mobile travel and has picked up many awards along the way for its successful, customer focused travel apps & mobile sites. MTT offers its clients unrivalled travel industry expertise, world-class mobile development, creative design, mobile usability expertise and a sophisticated mobile travel platform. MTT clients include Saudi Arabian Airlines (Saudia), the flag carrier for Kingdom of Saudi Arabia, LAN Airlines in Chile and TAM Airlines in Brazil (the LATAM Airlines Group), easyJet, transavia.com of the Air France KLM Group, Flybe, Jumeirah Group and Atlantis The Palm, Dubai.
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Creathor Ventures
VC Fund · Bad Homburg, Hessen, Germany · 2 investments in Finland Enterprise Software startups

We have been investing at the frontier of technology and science for over 30 years. We know what it takes to succeed.

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Investment focus

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

Investor stats

  • Total investments: 99
  • Round size: Seed $1.1M–$7.7M; Series A $2M–$12M; Series B $5.1M–$30M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $90M in 2016

Portfolio highlights

  • Ledgy — Digitize your cap table, automate equity plans and simplify compliance. Find out how leading companies use Ledgy to empower their employees and engage investors.
  • HeyJobs — Intelligent recruiting | more hires with performance marketing | only qualified candidates | fast recruiting success | over 1,500 companies use HeyJobs to find employees
  • Tacalyx — Tacalyx develops therapeutics targeting cancer-specific carbohydrate antigens on the surface of metastatic malignant tumors where no satisfactory treatments exist.The name Tacalyx is derived from TACA (Tumor Associated Carbohydrate Antigen) and ‘lyx’ from the term Glycocalyx, the glycan-containing layer covering cells. Cancer cells differ fromnormal cells by displaying aberrant carbohydrate structures on their surfaces promoting metastasis, angiogenesis or suppression of the immune system. TACAs result from the aberrant glycosylation that is seen with transformation to a tumor cell and represent attractive targets for cancer treatment since they are displayed with high cancer specificity and enhance tumor virulence via the mentioned diverse mechanisms.
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Nordic Angel Program
VC Fund · 2 investments in Finland Enterprise Software startups

International training and investment program for business angels

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Investment focus

  • Industry: Apps, Software, Productivity Tools
  • Stage:Seed, Angel
  • Geography: Norway, Estonia, Finland

Investor stats

  • Total investments: 5
  • Round size: Seed $354k–$1M; Angel $70k–$134k
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • GlucoSet — GlucoSet develops tools for accurate continuous glucose monitoring in Intensive Care Units, to reduce patient mortality and hospital costs.
  • Fractory — Custom metal fabrication services | Prototyping, project & volume production | 1-1 engineering support, flexible payment terms, instant quotes & lead times.
  • Zelos Team Management — Zelos Team Management is a claim-based signup app for volunteer and on-demand teams. Post shifts and tasks, let people claim what fits, and coordinate in built-in chat. Free for unlimited members.
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Kulpreet Singh
Angel · London, General Santos, Philippines · 2 investments in Finland Enterprise Software startups

Kulpreet Singh is Managing Partner at Overture Capital. He attended IMD.

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Investment focus

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

Investor stats

  • Total investments: 7
  • Round size: Seed $3M–$3.5M; Series A $3.1M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Better Stack — Delightful observability tools that turn your logs & monitoring into a secret weapon for shipping better software faster.
  • Workfellow — Find what breaks the flow of work and processes - automatically. Then just fix it!
  • Membrane — Integrate any API instantly. Keep integrations working as things change. Membrane is agentic integration infrastructure with unlimited API coverage.
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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Enterprise Software 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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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Enterprise Software startups, 16 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: 105
  • Round size: Seed $228k–$2.6M; Pre-Seed $114k–$1.8M; Venture - Series Unknown $1.6M–$7.3M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely actively investing — fresh fund, raised $41M in 2025

Portfolio highlights

  • KineDB — KineDB develops a dual-purpose database engine capable of operating as an embedded system on mobile devices or clustered within cloud data centers. The technology natively integrates replication, data history tracking, and merge logic to support continuous offline writing and automatic data synchronization upon reconnection. It utilizes a peer-to-peer data balancing architecture to eliminate traditional sharding and replica configuration processes. Every data write is permanent and addressable, providing an built-in audit trail that allows versioning and rollbacks. Additionally, the system writes logs directly to cloud object storage, enabling operational servers to function ephemerally without local state management. KineDB recently closed a cross-border pre-seed investment round with Superhero Capital, NGL and the founders of Formalize. Start-up lawyer Michael Pilegaard from Mace Legal acted as legal counsel to KineDB during the pre-seed investment round.
  • 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.
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Gorilla Capital
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Enterprise Software startups

Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies.

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Investment focus

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

Investor stats

  • Total investments: 80
  • Round size: Seed $294k–$1.5M; Pre-Seed $149k–$680k; Venture - Series Unknown $1.1M–$2.1M
  • Lead/follow: 65% lead, 35% follow
  • Last fund: Likely actively investing — fresh fund, raised $49M in 2025

Portfolio highlights

  • Amplifiles — Amplifiles is a PropTech startup that turns real estate listing photos into fully branded, high-quality videos in minute, no filming or editing required. Our video engine helps agents, photographers, and marketplaces boost engagement, generate more leads, and unlock new revenue streams.
  • Comparables.ai — The leading M&A and valuation intelligence platform. Find +110% more relevant companies 10.5x faster. Access comprehensive financials, transaction data, and AI analysis on 370M+ companies worldwide.
  • Nordic Information Control — Inventering och klassificering av information, automatiskt med Nordic Information Control Platform. Automatic Regulatory compliance.
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Bachmaier Invest GmbH
VC Fund · Grünwald, Bayern, Germany · 2 investments in Finland Enterprise Software startups

Bachmaier Invest GmbH is an investment firm.

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Investment focus

  • Industry: Software, Construction, Infrastructure
  • Stage:Seed, Series A
  • Geography: Austria, Finland

Investor stats

  • Total investments: 3
  • Round size: Series A $12M–$12M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Infrakit — Infrakit offers a cloud-based platform that enables collaboration and information sharing among various stakeholders involved in construction projects, such as designers, contractors, owners, and operators. The platform provides real-time visibility into project progress and helps to reduce errors, improve quality, and increase efficiency.Inaddition to its cloud-based platform, Infrakit also offers a range of services, including consulting, training, and support to help customers make the most of their digital solutions.Infrakit Group Oy has gained recognition in the construction industry for its innovative and user-friendly software solutions. The company has customers in Finland and other countries around the world, and it continues to expand its offerings to meet the changing needs of the construction industry.
  • ImmoCheckout GmbH — ImmoCheckout GmbH are into real estate software distribution.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Enterprise Software 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: from their 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: 104
  • Round size: Seed $948k–$8.3M; Pre-Seed $578k–$2.7M; Series A $3.5M–$37M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — 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.
  • 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.
  • Volare — Refining food, beverage and agricultural sidestreams into protein, oil and fertilizers. Sustainable Black Soldier Fly Protein & Oil for Pet Food and Aquafeed from Finland.
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Qualcomm Ventures
VC Fund · San Diego, California, United States · 2 investments in Finland Enterprise Software startups

As a global corporate venture firm, we invest in entrepreneurs who are building revolutionary businesses that redefine the world around us.

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Investment focus

  • Industry: Software, Artificial Intelligence, Mobile
  • Stage:Series B, Series A, Series C
  • Geography: United States, China, India

Investor stats

  • Total investments: 587
  • Round size: Series A $3M–$27M; Series B $7.3M–$63M; Series C $13M–$130M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • Blippar — Blippar provides augmented reality solutions and provides you with easy to use tools to build it yourself.
  • TestMu AI — Agentic QA for web/mobile, chat, voice, IVR and Agents. Agent Assurance for real-world enterprises and AI first companies.
  • JAMDAT Mobile — Wireless game developer and publisher for multiple cell platforms. Headquartered in Los Angeles, JAMDAT has employees in locations around the world, including Honolulu, Montreal, Tokyo, London, Bucharest and Hyderabad. The company was acquired by Electronic Arts and brought into the fold of the EA Mobile line of games (with JAMDAT CEO Mitch Laskyleading the worldwide mobile gaming efforts) in December of 2005.
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Sparkmind.vc
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Enterprise Software startups

Sparkmind.vc is the first Nordic venture capital company focused on the learning sector. The company invests in teams transforming early childhood, K12, higher, secondary and vocational education as well as corporate and lifelong learning. The investment sweet spot of the company is from seed to international growth phase with single investments upto €5m.

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Investment focus

  • Industry: Education, E-Learning, Software
  • Stage:Seed, Series A
  • Geography: Finland, Germany, Sweden

Investor stats

  • Total investments: 23
  • Round size: Seed $793k–$3.2M; Series A $3.9M–$10M
  • Lead/follow: 65% lead, 35% follow
  • Last fund: May invest from a new fund soon — raised $62M in 2020

Portfolio highlights

  • Tiney — Tiney are on a mission to reimagine at-home childcare & unlock the potential of every child. For parents, this means easy access to an exceptional and affordable childcare community that’s built around busy modern lives. For children, this means high quality and thoughtful play-based learning in safe settings that goes beyond nationalrequirements for early education. For childcare providers, this means allowing them to focus on the children in their care, relieving the burden of running a small business and ensuring maximum job satisfaction.
  • AUTOVIO — Autovio offers digital concepts for driving schools.
  • Pandatron — With clients like SAP, Universal Pictures & Skanska, Pandatron is a startup that supports change management. We do it by scaling AI-driven coaching 1-on-1s to every employee, which also allows us to measure change.
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Henry Nilert
Angel · Helsinki, Southern Finland, Finland · 2 investments in Finland Enterprise Software startups

Henry Nilert

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Investment focus

  • Industry: Software, Health Care, Enterprise Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Finland, Latvia, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $853k–$2.6M; Pre-Seed $393k–$655k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Nordigen — Nordigen is a free open banking API that provides PSD2 data connections to all major European banks.
  • GoalProfit — GoalProfit is the world’s first low code retail optimization platform empowering retailers to build customized intelligence applications. It was founded by former IBM executives, Maxim Morozov and Oleg Sidorkin. GoalProfit is on a mission to make big data solutions available for all retailers and help them to survive in a new post-covid reality.
  • Retailgrid — Retail pricing software that lifts margin, not workload. Competitor price monitoring every 4 hours, price optimization and plain-English rules in a Grid your team already knows. Free pricing audit.
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Nauta Capital
VC Fund · London, England, United Kingdom · 1 investments in Finland Enterprise Software startups

We support visionary founders across Europe as they build the next generation of B2B software companies.

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Investment focus

  • Industry: Software, SaaS, Mobile
  • Stage:Series A, Seed, Series B
  • Geography: Spain, United Kingdom, United States

Investor stats

  • Total investments: 176
  • Round size: Seed $1.2M–$5.4M; Series A $2.7M–$12M; Series B $3.5M–$27M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $220M in 2021

Portfolio highlights

  • NetBird — Wiretrustee is an open-source VPN platform built on top of WireGuard® making it easy to create secure private networks for your organization or home. It requires zero configuration effort leaving behind the hassle of opening ports, complex firewall rules, VPN gateways, and so forth.
  • Tangany — Europe's regulated digital asset custodian. Trusted by 60+ banks, brokers and financial institutions. MiCA-licensed and BaFin regulated from Germany. API-first.
  • Universal Quantum — Universal Quantum is building quantum computers to tackle real-world problems that would take today’s fastest supercomputers billions of years to solve.
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Martin Ostermayer
Angel · 1 investments in Finland Enterprise Software startups

CEO of Shortcut Ventures GmbH in Hamburg, Germany.Martin Ostermayer is one of the CEOs of the venture capital firm, Shortcut Ventures, located in Hamburg, Germany. After graduating in Business Administration from the University of Hamburg, Ostermayer received his MBA from the University of San Francisco in 1998, majoring in telecommunicationsand business strategy.In 1999, he set up handy.de, which became Europe’s largest provider of mobile entertainment services with business partners Thorsten Rehling and Dirk Freise. They also created blau.de, the first independent wireless service discounter in Germany, in 2005. They led the company until 2011.

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Investment focus

  • Industry: Education, Apps, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, Spain, Finland

Investor stats

  • Total investments: 10
  • Round size: Seed $1.1M–$3.3M; Series A $4.8M–$5.9M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • AUDAVIS — AUDAVIS is developing the most innovative approach that will revolutionize auditing. With data-driven full automation by AUDAVIS and a new AI-based approach, every financial statement becomes a breeze with unprecedented efficiency.
  • heyData — heyData is a legal tech company. HeyData offers a digitized data protection officer for companies.
  • Graswald AI — Graswald engages in the creation of natural and digital 3D worlds for the entertainment industry.
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Janne Jormalainen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Enterprise Software startups

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

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Investment focus

  • Industry: Hardware, Software, Health Care
  • Stage:Pre-Seed, Angel
  • Geography: Finland, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Angel $360k–$1.7M; Pre-Seed $393k–$1.1M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • UMNAI — UMNAI helps organisations build, deploy and govern explainable AI decision systems for high-impact environments.
  • Loupedeck — Loupedeck custom consoles offer analog control with digital precision for effortless creative workflow. Shop now with free shipping!
  • NurseBuddy — Meet Nursebuddy: a smart, intuitive platform engineered in Finland and built to help tomorrow's homecare businesses thrive.
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Timo Hentunen
Angel · 1 investments in Finland Enterprise Software startups

Timo Hentunen

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Investment focus

  • Industry: Training, Education, Human Resources
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pandatron — With clients like SAP, Universal Pictures & Skanska, Pandatron is a startup that supports change management. We do it by scaling AI-driven coaching 1-on-1s to every employee, which also allows us to measure change.
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Reetta Rajala
Angel · 1 investments in Finland Enterprise Software startups

Reetta Rajala

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Investment focus

  • Industry: Training, Education, Human Resources
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pandatron — With clients like SAP, Universal Pictures & Skanska, Pandatron is a startup that supports change management. We do it by scaling AI-driven coaching 1-on-1s to every employee, which also allows us to measure change.
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eEquity
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Finland Enterprise Software startups

eEquity invests in online related business models, primarily in the Nordics with the ambition to build large market leaders. The ambition for each investment is to build market-leading businesses in close partnerships with entrepreneurs.Since They have a comprehensive portfolio of companies within the same business fields the entrepreneurs willsignificantly benefit from being plugged into Their network and from exchanging experience and expertise between the portfolio companies.They look for passionate entrepreneurs with a scalable and differentiated business model that adresses a substantial market. They are opportunistic in their investment process.

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Investment focus

  • Industry: E-Commerce, Fashion, Retail
  • Stage:Venture - Series Unknown, Private Equity, Seed
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 29
  • Round size: Seed $2.4M–$15M; Private Equity $3.6M–$7.4M; Venture - Series Unknown $2.4M–$7.1M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $90M in 2015

Portfolio highlights

  • Briqpay — Briqpay provides solutions to enable and make business-to-business sales online more accessible. With Briqpay, merchants can have full control of the entire customer journey, from creating an account to the checkout and finally analyzing the data in their back office.
  • Go North — Go North is an e-commerce aggregator operated by Amazon FBA entrepreneurs.
  • Camphouse — Camphouse unifies media planning, budgets, activation and reporting in one platform, so advertisers and agencies plan with clarity and control.
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Ambient Sound Investments
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Finland Enterprise Software startups

Ambient Sound Investments (ASI) was established in 2003 as an equal partnership by four founding engineers at Skype to hold a minority stake in Skype. At the end of 2005 ASI sold its Skype shares to eBay and now operates as a private investment vehicle.

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Investment focus

  • Industry: Internet, Software, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 31
  • Round size: Seed $200k–$3.7M; Series A $527k–$3.7M; Series B $5.2M–$6M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Pomelo Fashion — Shop the latest fashion at POMELO fashion. Designed and manufactured in house for quality and style. Dresses, tops, knits, jackets, denim, accessories and more!
  • KappaZeta — Kappazeta's AI-driven satellite insights help governments and businesses make fact-baseddecisions and save time on analyzing vast amounts of data globally.
  • Ampler Bikes — Ampler is a light electric bike for everyone who seeks freedom and adventure in their daily routines and commutes. No heavy batteries, bulky screens or other clutter. We combine modern technology with a traditional bicycle design to make pedalling easier, lighter and faster. Our vision is to offer emotive zero-emission commuting for everyone.Since 2016, Ampler has grown from a small bicycle startup into a committed e-bike company with a large international team and showrooms in Berlin, Cologne, Amsterdam, Zurich and Tallinn. Our lightweight e-bike models Curt, Stout and Stellar have won multiple awards and are being used every day by over 10,000 happy riders all over Europe.Our team spirit, mission, values and production principles are still the same as on the early days of Ampler. All our bikes are designed with the highest attention to details and are hand-assembled in our factory in Tallinn, Estonia.
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Conor Venture Partners
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Enterprise Software 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: 45
  • Round size: Seed $1.1M–$3.3M; Series A $3.9M–$8.8M; Series B $2.4M–$16M
  • Lead/follow: 33% lead, 67% 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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Ria Parppei
Angel · 1 investments in Finland Enterprise Software startups

Ria Parppei

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Investment focus

  • Industry: Training, Education, Human Resources
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pandatron — With clients like SAP, Universal Pictures & Skanska, Pandatron is a startup that supports change management. We do it by scaling AI-driven coaching 1-on-1s to every employee, which also allows us to measure change.
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Ventech
VC Fund · Paris, Ile-de-France, France · 1 investments in Finland Enterprise Software startups

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

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Investment focus

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

Investor stats

  • Total investments: 203
  • Round size: Seed $1.2M–$6.6M; Series A $3.8M–$18M; Series B $5.6M–$68M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Botify — Search engines miss about half the content on enterprise websites. Uncover those hidden opportunities with Botify, the leading enterprise SEO platform!
  • Crobox — Crobox's next generation guided selling solution humanizes your product data and discovery experience with product finders and product data enrichment.
  • mediarithmics — A sustainable and privacy-first next-Gen Data Platform to deliver advanced use cases for leading retail, media and broadcast players. We also provide you with the most advanced solutions for a cookieless and compliant future.
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Aboa Venture Management
VC Fund · Turku, Western Finland, Finland · 1 investments in Finland Enterprise Software startups

Aboa Venture Management Oy is a venture capital company in Southwest Finland concentrating in small and medium sized enterprises.

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Investment focus

  • Industry: Software, Manufacturing, Hardware
  • Stage:Seed, Private Equity
  • Geography: Finland

Investor stats

  • Total investments: 9
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Headai — Headai Space is here. Early access now open.
  • Baltic Tank — Baltic Tank specializes in the provision of storage and handling services for various types of liquid sprays (chemicals, oils, biofuels, coating pigments, food fats and other liquid foods). Our goal is to provide our customers with high quality and cost-effective service by utilizing the latest technology and strategically correct storage space. Intotal, we also offer rail freight and customs clearance services.
  • Teijo-Talot — Teijo-Talot manufactures high-quality premises for commercial and public sectors. We deliver, for example, social care, educational and business premises, as well as production facilities. The buildings are manufactured indoors in stable state-of-the-art factory conditions and they adhere to strict quality, environmental and health criteria. Allpremises are delivered completely ready, including electricity, plumbing and interior decorations. Our customers value our short delivery times and our turnkey solutions. Our prices are competitive and fixed, as are our delivery times.SUSTAINABLE AND ECO-FRIENDLY We value energy efficiency and sustainability in our business. We manufactured the first kindergarten in Finland that received the Nordic Swan Ecolabel. Our customers feel that the quality of indoor air, the safety of used materials and care for the environment are very important aspects of constructing different premises.OUR SERVICE We offer turnkey solutions from design to implementation, from groundworks to assembly on site. We take care of the whole project for you! Our unique operation model and revolutionary production concept save your time and money. The earlier in the planning stage you contact us, the more you gain. We have four production facilities around Finland that will respond to your needs quickly. With our help, it is easy to make decisions on new premises.
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Atlassian Ventures
VC Fund · Sydney, New South Wales, Australia · 1 investments in Finland Enterprise Software startups

Here at Atlassian Ventures we are passionate about funding the future of work and new ways to collaborate in the cloud.

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Investment focus

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

Investor stats

  • Total investments: 65
  • Lead/follow: no public data

Portfolio highlights

  • Milestone — Milestone ensures your GenAI tools are fully integrated, optimized, and aligned with your business goals, driving measurable ROI and sustained innovation.
  • Unwrap.ai — Understand your customer needs with our AI-powered feedback analytics platform. Save time and resources by building what customers care about.
  • Veza — Veza is the identity security company that enables organizations to understand, manage and control who can and should take what action on what data.
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Failup Ventures
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Enterprise Software startups

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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Investment focus

  • Industry: Artificial Intelligence, Power Grid, Electric Vehicle
  • Stage:Seed, Pre-Seed
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 11
  • Lead/follow: no public data

Portfolio highlights

  • Nvelop — Nvelop is a pioneer in AI-powered, automated IT sourcing, delivering more efficient procurement, faster time-to-market, and enhanced compliance. Nvelop develops an AI-native SaaS platform for sourcing supporting end-to-end IT sourcing processes including solution exploration, requirements gathering, RFP generation, proposal evaluation, andcontracting. Nvelop was founded in 2024. The company is based in Helsinki, Finland. Learn more at www.nvelop.ai.
  • OSCAR — On-demand app for home services like repair, cleaning and laundry with fixed prices in less than 30 minutes.
  • Studio 555 — Studio 555 operates as a tech company, that creates a category where interior design meets gaming and social apps.
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Enterprise Software 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, Manufacturing
  • Stage:Seed, Series A
  • Geography: Finland, Denmark, Sweden

Investor stats

  • Total investments: 66
  • Lead/follow: no public data

Portfolio highlights

  • Aplagon — Aplagon is committed to bringing unique, effective antithrombotic medicines with important safety advantages to patients with unmet needs.
  • Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.
  • Tribune Therapeutics — Tribune Therapeutics is a preclinical biopharmaceutical company building a promising pipeline of novel medicines to treat patients with a wide range of fibrotic diseases. It was founded in 2020 with funding from HealthCap and Novo Seeds.
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Jonathan Scudder
Angel · Bristol, Bristol, City of, United Kingdom · 1 investments in Finland Enterprise Software startups

Jonathan held key roles in a variety of large identity projects before co-founding ForgeRock in Norway, running finance and operations and then relocating to build the ForgeRock engineering lab in Bristol. He believes that awesome humans are the basis of great companies, and has spent the ForgeRock years proving this. He has sat on severalvoluntary, political and private boards and founded a handful of small companies in the past, but thinks ForgeRock is the best thing since sliced bread. Jonathan is a qualified youth and community worker, and has a degree in Informatics from the University of Oslo, Norway.

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Investment focus

  • Industry: Artificial Intelligence, Software, Cyber Security
  • Stage:Seed, Pre-Seed
  • Geography: Finland, United Kingdom

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Lexverify — Lexverify uses artificial intelligence to detect potential legal and compliance concerns in communications. It assists businesses in proactively avoiding legal and regulatory concerns by harnessing the power of AI. Their objective is to make technological communication a benefit rather than a problem.
  • Confidentialmind — The ConfidentialMind software stack enables you to integrate AI-solutions such as language models into your workflows and processes without data leaks to third parties. We will find a way to protect your data.
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Verdane
VC Fund · Oslo, Oslo, Norway · 1 investments in Finland Enterprise Software startups

The preferred growth partner to tech-enabled businesses in Northern Europe.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Venture - Series Unknown, Private Equity
  • Geography: Sweden, Norway, Germany

Investor stats

  • Total investments: 173
  • Round size: Private Equity $11M–$100M; Venture - Series Unknown $2.2M–$96M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $2B in 2025

Portfolio highlights

  • Babyshop — Babyshop was founded in 2006 with vision of building the best online store in the northern parts of Europe for children clothing. Babyshop want to inspire by offer an exclusive shopping experience and excellent customer service with the best mixture of high-quality brands. Here you'll find baby and children's clothes, shoes, toys,strollers, car seats, maternity clothes, accessories and more for children 0-10 years.
  • Guardsquare — Guardsquare is the leader in mobile application security, with multi-layered protection for your Android and iOS apps. Learn more.
  • Eterno Health — Eterno Health operates in the healthcare sector, providing spaces where medical practitioners can independently conduct their practices. The company focuses on preventative healthcare, offering modern facilities for doctors and therapists across various specialties. Eterno Health supports a wide range of health services, aiming to enhance patientcare through accessible and well-equipped practice areas. The organization also engages in health consultations and treatments, ensuring that these services are delivered in state-of-the-art environments. Eterno Health is committed to strengthening health outcomes by facilitating quality healthcare services.
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Runa Capital
VC Fund · Palo Alto, California, United States · 1 investments in Finland Enterprise Software startups

Runa Capital is a global venture capital firm built by serial entrepreneurs that invests in early-stage software startups around the world...

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Investment focus

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

Investor stats

  • Total investments: 143
  • Lead/follow: no public data

Portfolio highlights

  • Ubitium — Ubiquitous computing, universal RISC-V microprocessor
  • Akhetonics — Creating the first all-optical RISC Processor
  • Twenty — Twenty builds the modern salesforce, powered by the open source community.
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Jan Goetz
Angel · Espoo, Southern Finland, Finland · 1 investments in Finland Enterprise Software startups

Jan Goetz is a quantum physicist and CEO of IQM. His strong experience in superconducting circuits is partly based on his past research in QCD Labs at Aalto University and in Walther-Meissner-Institute at Technical University of Munich campus. Jan is globally connected and has a strong drive to develop the future of quantum technologies.

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Investment focus

  • Industry: Machine Learning, Enterprise Software, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Confidentialmind — The ConfidentialMind software stack enables you to integrate AI-solutions such as language models into your workflows and processes without data leaks to third parties. We will find a way to protect your data.
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Nordic Venture Partners (Sweden)
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Finland Enterprise Software startups

Nordic Venture Partners (Sweden) is a venture capital firm with a portfolio of investments in the Information and Communications Technology.

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Investment focus

  • Industry: Software, Information Technology, Gaming
  • Stage:Series A, Series B
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 31
  • Round size: Series A $3.3M–$12M; Series B $4M–$12M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $135M in 2005

Portfolio highlights

  • Bitbar — Bitbar is a technology and service company that offers mobile app and game developers with automated software build and test environments. Its portfolio of products includes Testdroid Cloud: an online service for testing applications on real Android and iOS devices; Testdroid Enterprise: an in-house software solution for managing all aspects ofautomated testing on multiple real Android and iOS devices simultaneously; Testdroid PrivateCloud: a cloud-based Devices-as-a-Service that enables companies to access pre-selected real Android and iOS devices for app development and testing; and Testdroid Recorder: a tool for recording user actions, generating reusable Android JUnit test cases, and running them in Testdroid Cloud. Its portfolio of resources includes research papers, eBooks, webinars, slides, and videos.Bitbar has customers from various industries such as gaming, utilities, technology, e-commerce, mobile and communications, social media, and lifestyle. Facebook, Rovio, Avast, Google, Mozilla, eBay, PayPal, Deutsche Telekom, Skype, Flipboard, and Pinterest are some of its customers.Bitbar is operated from Helsinki, Finland.
  • ZirooPay — IroFit mobile card reader allows small businesses accept card payments anywhere they operate, even in areas with poor internet connection. By ensuring widest possible coverage area and effective operations, merchants increase sales and buyers are better served. We improve the overall purchasing experience for billions living in areas withpoor/no Internet connection.
  • PEAR Health Labs — Pear Sports is a health and fitness software platform that delivers digital coaching solutions. The platform pushes the consumer experience to the next level with dynamic, interactive audio and video workouts and personalized coaching.
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Ridge Ventures
VC Fund · San Francisco, California, United States · 1 investments in Finland Enterprise Software startups

Ridge Ventures (formerly IDG Ventures) is an early stage venture capital fund investing in experienced founders redefining how the world uses software.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Finland

Investor stats

  • Total investments: 180
  • Lead/follow: no public data

Portfolio highlights

  • Trifacta — Trifacta has joined Alteryx to help customers and partners bring even more value to their businesses, powered by breakthrough data analytic insights.
  • Uplift — Uplift is an enterprise Buy Now, Pay Later solution serving over 100 of the world's top travel brands. Through personalized, flexible payment options, Uplift helps consumers take control of their budget and experience a world of travel. With a complete range of payment options, Uplift unlocks higher conversions and lifetime customer value formerchant partners.The company was founded in 2014 and is headquartered in Menlo Park, California.
  • Tempered — straightforward network segmentation and secure remote access between any two systems anywhere for IT, Operational Technology, IOT, IIOT, Cloud, Mobile. zero trust SDP
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Ilkka Hiidenheimo
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Enterprise Software startups

Ilkka Hiidenheimo is the CEO of Sharper Shape.

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Investment focus

  • Industry: Industrial, Manufacturing, Nanotechnology
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Picosun — Picosun is the leading manufacturer of Atomic Layer Deposition (ALD) reactors for micro- and nanotechnology applications. Picosun provides the customers with versatile, reliable, and user-friendly ALD process tools, which offer world leading process quality and unique scalability from basic research to fully automated high throughput industrialproduction. Picosun is based in Espoo, Finland, its production facilities are located in Masala (Kirkkonummi), Finland, its US headquarters in Detroit, Michigan, and its Asian headquarters in Singapore. PICOSUN™ ALD process tools have been installed in various prominent industries and high-level reasearch organizations across Europe, USA, Asia and Australia. Picosun has world-wide sales and support network with distributors and representatives in over 30 countries.
  • Confidentialmind — The ConfidentialMind software stack enables you to integrate AI-solutions such as language models into your workflows and processes without data leaks to third parties. We will find a way to protect your data.
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Bryant Chou
Angel · San Francisco, California, United States · 1 investments in Finland Enterprise Software startups

Bryant Chou - Co-founder & Chief Architect @ Webflow

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Series A, Angel
  • Geography: United States, Canada, Finland

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • Gumloop — The no-code platform to build and host AI-powered business automations.
  • Gentrace — Test generative AI across teams. Automate evals, tune retrieval systems, and edit prompts for reliable LLM products and agents. Start for free today.
  • Powder — AI agents for automating document analysis and data extraction for financial operations and compliance.
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Juha Vartiainen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Enterprise Software startups

Juha Vartiainen is the co-founder and chief operations officer of IQM. He has more than ten years of R&D expertise from industry, especially in software development. He holds a PhD in quantum computing.

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Investment focus

  • Industry: Machine Learning, Enterprise Software, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Confidentialmind — The ConfidentialMind software stack enables you to integrate AI-solutions such as language models into your workflows and processes without data leaks to third parties. We will find a way to protect your data.
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OnCorps
VC Fund · Boston, Massachusetts, United States · 1 investments in Finland Enterprise Software startups

Advanced AI solutions for operations to reduce work, errors, and risk. Serving leading firms in the financial services and technology industries.

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Investment focus

  • Industry: Database, Software, Open Source
  • Stage:Series A, Series C
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • MariaDB — MariaDB provides open source database and database as a service (DBaaS) solutions to support scalability, mission-critical deployments, and more.
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Enterprise Software Investor funding in Finland at a glance

Stats across 132 deals from 150 investors.

150
investors
in Finland Enterprise Software startups
132
deals
in Finland Enterprise Software startups
$2M
median round
in Finland Enterprise Software startups
45%
lead investors
lead at least one round
26%
Seed
most common funding stage
79/21
VC / Angel
share of investor count

Access all 150 investors in Finland Enterprise Software startups.

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