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Top 5 Franchise VC Funds & Investors in Finland (July 2026)

The most active venture capital funds investing in Finland Franchise startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Franchise startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Business Finland
VC Fund
5 Finland, United States, United Kingdom Grant, Seed, Debt Financing Software, Biotechnology, SaaS $53k–$10M
HOWZAT Partners
VC Fund
2 United Kingdom, Germany, United States Seed, Series A Travel, E-Commerce, SaaS $318k–$11M
Vendep Capital
VC Fund
2 Finland, United States, Denmark Seed, Series A SaaS, Software, Information Technology $713k–$13M
Innovestor
VC Fund
2 Finland, Sweden, Denmark Seed, Pre-Seed Software, Health Care, Information Technology $204k–$4.5M
Digital Future
VC Fund
2 United States, Canada, Ukraine Seed, Pre-Seed, Series A Software, SaaS, Mobile $120k–$2.6M
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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 5 investments in Finland Franchise startups, 19 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, Biotechnology, SaaS
  • Stage:Grant, Seed, Debt Financing
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 219
  • Round size: Seed $297k–$3.5M; Grant $53k–$10M; Debt Financing $241k–$6.7M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • 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.
  • 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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HOWZAT Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Finland Franchise startups

Howzat Partners is a venture capital firm specializing in incubation, seed, start up, growth capital, early stage, and mid venture investments. The firm seeks to invest in digital businesses with a focus on internet, digital media, e-commerce companies. It invests globally. It acts as as sounding board. The firm also makes co-investments. HowzatPartners was founded in 2006 and is based in Luxembourg and London.

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Investment focus

  • Industry: Travel, E-Commerce, SaaS
  • Stage:Seed, Series A
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 94
  • Round size: Seed $318k–$2.2M; Series A $1.5M–$11M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Wingly — Wingly is a flight sharing platform. Find pilots or passengers for your trip.
  • Quoroom — A single intelligent platform to manage capital raising,equity, debt and employee options
  • Mymoria — MYMORIA offers an one-stop-online-shop for full configuration and complete commissioning of funerals. Mymoria is able to offer its services significantly cheaper than traditional mortician homes. The company is offering its services nationwide and work hard to organize our processes efficiently while maintaining thehigh service standards.
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Vendep Capital
VC Fund · Espoo, Southern Finland, Finland · 2 investments in Finland Franchise startups

We back early-stage B2B SaaS founders in the Nordics & Baltics with capital, expertise, and long-term partnership. See how we invest and support growth.

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Investment focus

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

Investor stats

  • Total investments: 46
  • Round size: Seed $713k–$5.4M; Series A $3.4M–$13M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2021

Portfolio highlights

  • GitHits — GitHits gives AI coding agents access to open-source code
  • 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.
  • Test of Things — Test of Things is to protect customers and society from cyber incidents by making IoT cybersecurity easy and automated. They are building a cloud service that automates security testing so customers can ship secure, compliant products with peace of mind.Their platform integrates security into the development lifecycle, enabling continuous testingthat lowers risks and costs while enhancing reputation.
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Franchise startups

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

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Investment focus

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

Investor stats

  • Total investments: 87
  • Round size: Seed $478k–$4.5M; Pre-Seed $204k–$2M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Jaakko.com — Reinventing the housing market with no agents, more homes, and less fees.
  • Retailgrid — Retailgrid is an AI-powered retail workspace that enables pricing, merchandising, and commercial teams to analyze data, run simulations, and make decisions in real time. Combining a flexible spreadsheet-like interface with AI agents, RetailGrid replaces fragmented tools and manual workflows with a single system for pricing optimization, promotionplanning, and assortment decisions. The platform connects to product, sales, and competitor data, automatically generates insights, and allows teams to test scenarios and deploy decisions at scale. RetailGrid is built for data-driven retailers looking to move faster and operate with the efficiency of top-tier consulting, without the cost or complexity.
  • Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.
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Digital Future
VC Fund · Kyiv, Kyyiv, Ukraine · 2 investments in Finland Franchise startups

Digital Future is a leading Ukraine-born VC firm. We provide late seed and early stage funding to revenue-enabled companies with initial traction, scalable business model, indefatigable team and global ambition. Our portfolio includes companies from Ukraine, Europe, Israel, and United States.

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Investment focus

  • Industry: Software, SaaS, Mobile
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Ukraine

Investor stats

  • Total investments: 32
  • Round size: Seed $120k–$2.6M; Pre-Seed $250k–$1.2M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Attendify — Create engaging hybrid & virtual events, mobile apps & event registration to elevate the attendee experience & put your event data to work. Get started for free.
  • LifeTracker
  • Reply.io — Reply is the leading AI-powered sales engagement platform that automates multichannel touchpoints with leads and customers throughout the sales process. From email search on LinkedIn to meetings booked right on the platform - Reply saves up to 40% of SDR and Sales teams time to focus on closing deals. Backed with a top-notch AI algorithm, Replyhelps SDRs and sales reps tailor and improve sales messages and focus on the hottest leads faster. Its robust reporting system tracks all activities for team members and automatically logs them to your CRM via native integrations, rich API with 40+ methods, or Zapier.The platform is recognized among the top 50 tools for sales in 2021 by G2 and trusted by over 2500 companies worldwide.Crush your sales quotas and book more meetings with Reply: 1. Reply automates bulk email search, LinkedIn outreach, personal emails, calls, SMS, and WhatsApp messages according to your sales playbook. 2. It offers out-of-the-box email and sequence templates with proven top performance to help you launch your outreach sequence in an hour. 3. Streamline the workflow with native CRM integrations, rich API with 40+ method, and the power of Zapier to automatically sync data and keep CRM records up to date. 4. Reply is backed with AI features: Email Sorting (check the ‘Interested’ folder for the hottest leads to focus on); Email Quality service and Email Assistant to create best-practice email copy which is likely to convert. 5. Collaborate in teams within sequences and prospects, manage workload between team members, and perform account-based selling. 6. Track your team progress with detailed in-depth reports and stats for sequences, calls, tasks, and team performance.Reply use cases: ✓ OUTBOUND SALES - automate outbound outreach to significantly scale sales and empower revenue growth. ✓ INBOUND SALES - engage in communication with potential customers and close more inbound deals. ✓ ACCOUNT MANAGEMENT - communicate with existing customers on a personal level. ✓ STAFFING & RECRUITING - reaching out to prospective job candidates. ✓ BUSINESS DEVELOPMENT - building relations with future partners. ✓ PR & LINK BUILDING - pitching journalists and bloggers with your idea.For more information visit https://reply.io
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Franchise VC funding in Finland at a glance

Stats across 8 deals from 13 investors.

13
investors
in Finland Franchise startups
8
deals
in Finland Franchise startups
$424k
median round
in Finland Franchise startups
23%
lead investors
lead at least one round
50%
Seed
most common funding stage

Access all 13 VC funds in Finland Franchise startups.

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