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Top 50 Hardware Startup Investors in Finland in May 2026

A list of 50 angel investors and VC (Venture Capital) funds that invest in Hardware startups based in Finland. We rank investors based on the number of investments they made in Hardware companies from Finland. We update this investor list every month.

Top 50 Hardware Startup Investors in Finland in May 2026

Investor Hardware Finland investments
Lifeline Ventures 26
Inventure 22
Butterfly Ventures 22
Tesi 19
Finnvera Venture Capital 19
Business Finland 17
Superhero Capital 12
VTT Ventures 11
Icebreaker.vc 10
Maki.vc 9
Sisu Game Ventures 8
Innovestor 8
Conor Venture Partners 7
Reaktor Ventures 7
Ali Omar 6
First Fellow Partners 6
Redstone.VC 6
Jyri Engestrom 5
Voima Ventures 5
Visionplus 5
OP Financial Group 5
Nordic Option 4
Leena Niemistö 4
VNT Management 4
OpenOcean 4
Centre for Economic Development, Transport and the Environment 3
Mikael Hed 3
Wave Ventures 3
Supercell 3
FOV Ventures 3
Leaguer Venture Capital 3
Vito Ventures 3
Dawn Capital 2
CapMan 2
Risto Siilasmaa 2
Bragiel Brothers 2
The Venture Reality Fund/VRF 2
Tiny VC 2
Summit Partners 2
Samsung Venture Investment 2
Abdulrahman Al-Qahtani 2
Nordea 2
Mikko Kuitunen 2
Presence Capital 2
Jerry Pruttz Holding Ab 2
Salvia 2
ETF Partners 2
John Lindfors 2
Innovations Kapital 2
PROfounders Capital 2

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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland

Lifeline Ventures Oy is a venture capital firm specializing in startups, growth capital, and early stage investments. The firm seeks to invest in healthcare, games, web based and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. The firm targets investing between €0.5 million ($0.66million) and €1 million ($1.32 million). It seeks make inception to Series A investments. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland.

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Investment focus

  • Software, Health Care, E-Commerce
  • Seed, Series A, Funding Round
  • Finland, United States, United Kingdom

Portfolio highlights

  • ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
  • Supercell — Visit Supercell.com and find out more about us and our games.
  • Nordcraft — Create AAA web apps that delight your users
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Inventure
VC Fund · Helsinki, Southern Finland, Finland

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

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Investment focus

  • Software, Information Technology, Health Care
  • Seed, Series A, Series B
  • Finland, Sweden, United States

Portfolio highlights

  • Abzu — Abzu's AI is built for the modern researcher, where explainability, small data, and new insights are at the core of innovative discoveries.
  • Yeply — Yeply Mobile Bike Service is a start-up that specializes in bicycle maintenance. Yeply’s ideology is that bicycle maintenance should be an easy, quick, and effortless experience for the customer. It believes that every bike is worth caring for and they value every cyclist equally - cycling belongs to everyone.It was founded in 2016 and isheadquartered in Helsinki, Finland.
  • Hopsworks — Hopsworks is an online platform for the development and operation of Machine Learning (ML) pipelines at scale, based around the industry's first Feature Store for ML.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland

Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.

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Investment focus

  • Health Care, Software, Information Technology
  • Seed, Funding Round, Pre-Seed
  • Finland, Sweden, Norway

Portfolio highlights

  • Atium — Clean water is one of the largest future challenges we stand before, and toxic pollutants are a large contributing factor. Heavy metals are some of the most toxic chemicals to human health and it is our goal, through our innovation, to contribute to a world where water treatment is more environmentally friendly and effective. Atium exists to helpensure clean water, for everyone.
  • Zenniz — Zenniz is an ITF approved game tracking solution that provides real-time info, such as automated line calling, stroke and serve speeds, shot charts, match statistics and more. Players and coaches at all levels can use Zenniz on and off the court to help improve their game. For tennis clubs, Zenniz is an easy and cost-effective way to upgrade to thenext level. Due to a new, innovative sensor technology, they’ve been able to keep the cost to a minimum, making Zenniz accessible for all clubs, coaches and players.
  • Popit — Popit makes medication connected with a unique, medical grade solution. It tracks medication use automatically and reminds ONLY if you miss. Developed together with healthcare professionals.
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Tesi
VC Fund · Helsinki, Southern Finland, Finland

Finnish Industry Investment Ltd is a government-owned investment company. It invests the proceeds accrued from the privatisation of state-owned companies in stimulating the growth and internationalisation of Finnish businesses.Finnish Industry Investment invests in venture capital funds and directly in growth companies, together with privateco-investors. The targets are in all sectors. Capital investments are needed for financing the growth of investee companies, and for spin-offs, major industrial investments, and sector and corporate restructurings.The investments of Finnish Industry Investment amount to over MEUR 570

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Investment focus

  • Software, Manufacturing, Health Care
  • Funding Round, Series A, Series B
  • Finland, United States, Switzerland

Portfolio highlights

  • ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
  • Wirepas — Wirepas offers a standards-based, ultra-reliable mesh connectivity for infrastructure-grade IoT. Proven in millions of devices worldwide.
  • Measurlabs — We provide testing services for any material, product, or chemical, helping product developers and quality managers get the information they need about their products.
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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 1 investment in the past 12 months

Finnvera makes direct investments in early-stage enterprises through Seed Fund Vera Ltd. Finnvera's goal is to cover shortcomings existing on the market between product development funding and private equity investments. Finnvera does not compete with private financiers; instead, it strives to supplement the financial market.Finnvera'sinvestments enable, start and accelerate growth and internationalisation among investment targets. Enterprises are developed to make them attractive targets for further financing by other investors and industrial actors. Investments are made in technology enterprises at an early stage and in technology-intensive or innovative service enterprises that have potential for developing into international growth enterprises.Finnvera is also known as a specialised financing company owned by the State of Finland. It provides its clients with loans, guarantees, venture capital investments and export credit guarantees.

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Investment focus

  • Software, Health Care, Information Technology
  • Seed, Funding Round, Series A
  • Finland, United States, Switzerland

Portfolio highlights

  • AISTI — AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free – bringing sustainability to construction tile by tile.
  • 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.
  • Nexstim — Nexstim is a medical device company that specializes in image-guided transcranial magnetic stimulation. The company is committed to improving the quality of life of patients with significant unmet clinical needs. It has developed a SmartFocus TMS technology designed for the treatment of the major depressive disorder.The company was founded in2000 and is headquartered in Helsinki, Southern Finland.
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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 2 investments 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

  • Software, SaaS, Biotechnology
  • Seed, Grant, Funding Round
  • Finland, United States, United Kingdom

Portfolio highlights

  • AIATELLA — Automating medical image analysis
  • SparkReceipt — Scan, categorize, and stay tax-ready automatically with AI. Built for small business owners and entrepreneurs who want to cry less over receipts, and stay organized all year.
  • University of Eastern Finland — The University of Eastern Finland is a multidisciplinary university which offers teaching in more than 100 major subjects. The university comprises four faculties: the Philosophical Faculty, the Faculty of Science and Forestry, the Faculty of Health Sciences, and the Faculty of Social Sciences and Business Studies.
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland

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

  • Software, Information Technology, Internet
  • Seed, Pre-Seed, Funding Round
  • Finland, Lithuania, Estonia

Portfolio highlights

  • Zadaa — We are the world’s first marketplace to make selling and buying secondhand as simple as in an online store. We have revolutionised C2C logistics regarding pricing and marketplace integration between multiple logistic companies operating on different markets. Zadaa is live on German, Danish and Finnish markets.
  • ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
  • Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
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VTT Ventures
VC Fund · Espoo, Southern Finland, Finland

VTT is a powerhouse of technology development and scientific research. Many of the most significant Finnish technology start-ups were brought to life at VTT. Do you want to invest in ongoing ventures?

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Investment focus

  • Biotechnology, Manufacturing, Sensor
  • Seed, Funding Round, Series A
  • Finland

Portfolio highlights

  • Dispelix — See-through, full color waveguide combiners for a wide range of XR applications. From near-eye to head-up.
  • Solar Foods — The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent onagriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.
  • Infinited Fiber Company — Infinited Fiber Company is a Finnish biotech founded in 2016 to commercialize a breakthrough recycling technology that can turn cellulose-rich raw materials – like cotton-rich textile waste, used cardboard, or wheat or rice straw – into high-quality textile fibers with the look and feel of cotton. The patented technology has been validated byleading brands and is ready to be scaled. Infinited Fiber Company won the Europas 2020 Hottest Sustainability Tech Award, and was listed on the Global 50 to Watch by Cleantech Group in 2019. In 2016 Infinited Fiber Company was selected into WWF’s Climate Solver network. The company is headquartered in Espoo, Finland.
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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland

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

  • Software, Information Technology, Artificial Intelligence
  • Pre-Seed, Seed, Series A
  • Finland, Estonia, Sweden

Portfolio highlights

  • Lutso — Empowering older adults to live independently, safely, and with dignity. Lutso is the smarter way to support aging at home.
  • Cytely — Transforms microscopy from image-driven to data-driven through AI-powered autonomous targeting that captures high-resolution data of critical cellular events, enabling researchers to solve complex biological problems in minutes instead of years.
  • NROC Security — Prevent data leaks, govern shadow AI, prove compliance, and save 50% on GenAI subscriptions
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland

We partner with deep tech and brand-driven companies obsessed in challenging category norms. The Nordics are our home, but we take on a global front in spotting the unexpected - from B2B to B2C, with a sweet spot for scientific advances, strong IP, and customer understanding that looks beyond convention.We invest in early stage companies: fromtheir inception to series A and beyond. We share in the vision of founders as champions and challengers, drawing on our experiences from scaling some of the strongest tech companies ourselves.

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Investment focus

  • Software, E-Commerce, Information Technology
  • Seed, Series A, Funding Round
  • Finland, Norway, Denmark

Portfolio highlights

  • Disior — At Disior, we build software to measure and model tissue structures in CT- and MRI-images for better diagnosis and treatment planning.Our solutions are for clinical use. They enable fast, accurate and reproducible measuring for diagnostics and patient-specific, optimized treatment planning. Based on mathematical modelling, Disior algorithmsextract the correct shape or structure from the medical image. This way, the software is not dependent on finding familiar structures or comparing something to reference data. We combine engineering and R&D talent with medical and biotechnology professionals. Our team brings together decades of experience in creating world’s best simulation and modelling systems from smartphone R&D; clinicians and researchers in maxillofacial and orthopedics; and technology innovation and commercialization.For demo, pilots and research projects, please contact Anna-Maria Henell, CEO: +358 50 483 6433 / anna-maria (at) disior.com
  • Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
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Sisu Game Ventures
VC Fund · Helsinki, Southern Finland, Finland

Sisu Game Ventures is an early-stage venture capital fund focused 100% on games. We set up shop in 2014 to support the most promising founders in the industry. Sisu has deep roots in the Nordic region, but our network of founders is fully global.The Sisu team consists of Samuli, Paul, Erik, Kalle, Moaffak, Kadri, and Jere - all of whom haveextensive backgrounds in the game industry and startup circles, both as entrepreneurs and investors. We've founded and built sixteen game companies since the early 90s and had several successful exits. Apart from funding companies, the team uses their expertise to act as a studio builder. Individual founders are supported in building their team, honing their product strategy and in gathering the right group of investors.

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Investment focus

  • Gaming, Video Games, Virtual Reality
  • Seed, Series A, Funding Round
  • Finland, United States, Iceland

Portfolio highlights

  • Bitmagic — Bitmagic creates a game concept, and it builds a background story and creates an immersive 3D world.
  • VIZTA DGTL — VIZTA is an innovative gaming studio at the forefront of significant technology shifts and increasing demands from new generations and various consumers.
  • emptyvessel — Emptyvessel is a gaming community that helps in crafting the new horizons of gaming.
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland

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

  • Software, Health Care, Manufacturing
  • Seed, Funding Round, Series A
  • Finland, Denmark, Sweden

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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Conor Venture Partners
VC Fund · Espoo, Southern Finland, Finland

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

  • Software, Analytics, Semiconductor
  • Series A, Series B, Seed
  • Finland, United States, Sweden

Portfolio highlights

  • Neo4j — Connect data as it's stored with Neo4j. Perform powerful, complex queries at scale and speed with our graph data platform.
  • Blackwood Seven — Blackwood Seven is a media analytics platform which strives to increase the effect of company’s media spend using our predictive analytics framework built on machine learning and artificial intelligence. Using real-time modelling and advanced KPI prediction we are able to increase a company’s media ROI by up to 15-25%.
  • 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.
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Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland

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

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Investment focus

  • Internet, Software, E-Commerce
  • Seed, Pre-Seed, Series A
  • Finland, Germany, United States

Portfolio highlights

  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • Swappie — Buy refurbished iPhones at an affordable price - Swappie offers refurbished and cheap iPhones with a free 12-month Swappie warranty.
  • Videoly — The easiest way for online retailers to get hand-picked and automatically embedded product videos.
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Ali Omar
Angel · Helsinki, Southern Finland, Finland

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

  • Software, SaaS, Artificial Intelligence
  • Seed, Pre-Seed, Angel
  • Finland, United States, Estonia

Portfolio highlights

  • MÖ Foods — MÖ Kaurajogu is domestic, completely herbal and above all delicious. All our products are manufactured in Central Ostrobothnia, Lohtaja.
  • React & Share — High volume, high quality feedback directly from your customers. React & Share helps digital comms teams improve their websites and satisfy their customers.
  • Plain Complex — VUOROX IS AN AI-POWERED ROSTER SCHEDULING APP FOR HEALTHCARE
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First Fellow Partners
VC Fund · Helsinki, Southern Finland, Finland · 1 investment in the past 12 months

First Fellow Partners is a private investment firm built on a founder-first philosophy. We invest only our own capital, backing bold, mission-driven technology entrepreneurs from idea to lasting impact.

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Investment focus

  • Software, SaaS, Artificial Intelligence
  • Seed, Series A, Pre-Seed
  • Finland, United States, Estonia

Portfolio highlights

  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
  • Hamina Wireless — Fast and simple wireless network design and site survey tools for network engineers and IT admins - For better Wi-Fi, Private 5G, and wireless IoT. Get started in just 2 minutes!
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Redstone.VC
VC Fund · Berlin, Berlin, Germany

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

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Investment focus

  • Software, Information Technology, Health Care
  • Seed, Series A, Funding Round
  • Germany, Finland, France

Portfolio highlights

  • CommerceClarity — CommerceClarity offers AI-powered catalogue optimization solutions that turn catalogue operations into a competitive advantage.
  • Connectome Health — Connectome is a cognitive intelligence platform that measures and understands how the brain changes over time using transparent, science-backed data people and organisations can trust.
  • Multiverse Computing — World leaders in quantum computing for the financial industry. The first quantum & quantum-inspired toolbox for finance.
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Jyri Engestrom
Angel · San Francisco, California, United States

Jyri Engeström is an Investor and Partner of Yes VC. He attended Lancaster University

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Investment focus

  • Software, Apps, Internet
  • Seed, Series A, Angel
  • United States, Finland, Spain

Portfolio highlights

  • Jow — Jow is a grocery shopping app that simplifies shopping and gives advice of what to eat. This app offers free and simple recipes that adapt to the customer's taste. It automatically creates a customized menu with delicious recipes and fills the cart with all the ingredients necessary for cooking.Jow was founded in 2017 and is headquartered inParis, France.
  • Orchid Labs — Orchid Labs is an open-source project committed to ending surveillance and censorship on the internet. Orchid uses an overlay network built upon the existing internet, which is driven by a peer-to-peer tokenized bandwidth exchange, creating a more inclusive, liberated internet. Orchid Labs was founded in 2017 by Dr. Steven Waterhouse, Jay Freeman,Brian J. Fox, Gustav Simonsson, and Stephen Bell.
  • Gyroscope Innovations — Gyroscope Innovations is a new OS for the human body. It was started by Anand Sharma in 2014 as a personal project called April Zero.
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Voima Ventures
VC Fund · Helsinki, Southern Finland, Finland

Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and value adding capital. They shed light on the ideas and technology which require time and courage to build. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics,software & ICT and AI. In addition, Voima Ventures has invested in more than 30 deep tech startups, including companies like Solar Foods, Infinited Fiber Company, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and European Investment Fund (EIF), backed by Finnish private and institutional investors.

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Investment focus

  • Biotechnology, Health Care, Artificial Intelligence
  • Seed, Pre-Seed, Funding Round
  • Finland, Sweden, Norway

Portfolio highlights

  • AISTI — AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free – bringing sustainability to construction tile by tile.
  • Farang — Farang is an AI research lab based in Sweden developing the next-generation of foundational Large Language Models. The company was founded in 2025 and consists of a team of highly experienced researchers, developers, entrepreneurs and business professionals, joined by prominent deep-tech VCs and angel investors.
  • Avenue Biosciences — From biotechnology tools to therapy discovery and development: Our platform enhances production yield and the quality of your end product.
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Visionplus
VC Fund · Helsinki, Southern Finland, Finland

WE HELP YOU TO GROW FASTER!

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Investment focus

  • Software, Information Technology, Internet
  • Seed, Funding Round, Series A
  • Finland, United States, United Kingdom

Portfolio highlights

  • Pebble — Pebble is a electric vehicle manufacturing startup.
  • Transfluent — Professional translations for all business needs. Fast. Easy.
  • 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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OP Financial Group
VC Fund · Helsinki, Southern Finland, Finland · 1 investment in the past 12 months

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

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Investment focus

  • Energy, FinTech, Renewable Energy
  • Debt Financing, Series A, Funding Round
  • Finland, France, Sweden

Portfolio highlights

  • Helen — Helen sell electricity to about 450,000 customers and heat more than 90 percent of Helsinki's properties with district heating.
  • Srv Yhtiot
  • Cactos — The New Standard of Energy Storage Systems - The Cactos smart energy storage system secures critical power supply locally and allows for efficient utilisation of renewable energy globally.
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Nordic Option
VC Fund · Oulu, Oulu, Finland

Nordic Option is a private equity fund focusing its investments on growth companies. It provides capital investments in small and medium-sized growth companies that have already established themselves in Northern Finland. The fund's investment strategy includes the possibility to make up to 5 early-stage growth investments with one millioneuros.The firm's value of investments in portfolio companies is approximately EUR 10 million and the value of loans granted is approximately EUR 1 million.

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Investment focus

  • Hardware, Software, Electronics
  • Funding Round, Seed, Series C
  • Finland

Portfolio highlights

  • Haltian — We solve the challenges of a sustainable future, one IoT innovation at a time
  • SensorFu — SensorFu brings proactive confidence to mission-critical OT systems across all industries.
  • Brightplus Oy — Brightplus is an innovative renewable materials manufacturing company from Finland. We specialise in design and development of new functional properties for industrial biomaterial solutions. We cater for industries like packaging, construction, cosmetics and consumer goods. Our expertise is based on developing solutions to multiple industries andproviding fast prototyping and full fit for customers’ production lines. Our deep chemical BrightBio® technology creates an optimal fit between coatings, barriers and plastic replacing materials to help you in raising your material functionality to the next level.
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Leena Niemistö
Angel · Helsinki, Southern Finland, Finland

Leena Niemistö

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Investment focus

  • Health Care, Software, E-Commerce
  • Seed, Funding Round, Pre-Seed
  • Finland, United States

Portfolio highlights

  • ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
  • Maire — Maire - AI co-pilot for industry leading B2C E-commerce brands. From Industry Trends to Market Research and Search Intent Analysis
  • Finnadvance — Finnadvance is an Organ-On-Chip company developing high throughput biological barriers on chips to mimic human biology such as vascular, lung and the Blood-Brain-Barriers for small molecule, micro-nano-formulation permeability and toxicity testing with in-vivo like dynamic cell cultures.
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VNT Management
VC Fund · Vaasa, Western Finland, Finland

VNT Management is a venture capital management company that offers its services to investors and entrepreneurs.The company offers investors with 3 venture capital funds, all of which focus on clean technology. Furthermore, it offers an IRR of 25% and a position in the top quartile of European venture capital funds. Entrepreneurs are offered withsupply management, business idea, application, and product concept development, and technology scanning and evaluation services.VNT Management was founded in 2002 and is based in Finland.

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Investment focus

  • Manufacturing, Electronics, Information Technology
  • Funding Round, Series B, Seed
  • Finland, Germany

Portfolio highlights

  • Visedo — Danfoss Editron specializes in hybrid and electric powertrain systems for off-highway and marine markets.
  • WeSustain — WeSustain develops and sells web-based software for enterprise sustainability management. The company’s ESM software is a management support system that helps companies go green and manage products, processes, and technologies in an environment-friendly manner.WeSustain’s ESM software enables the clients to establish a software-supported ESMsolution, as well as manage, improve, and report their ESM performance on a global basis while mitigating sustainability risks. The company was founded in 2010 and is based in Buxtehude, Germany.
  • Cajo Technologies — Laser Marking - Cajo turnkey solutions for traceability & product markings. Easy to use & optimized for industrial production processes.
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OpenOcean
VC Fund · Helsinki, Southern Finland, Finland

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

  • Software, Information Technology, SaaS
  • Series A, Series B, Seed
  • Finland, United States, United Kingdom

Portfolio highlights

  • Booksy — Booksy - book appointments online. Find & book beauty services like hairdressing, manicure, spa or massage. Check prices & reviews!
  • Bitrise — Continuous integration and delivery built for mobile: Automate iOS and Android builds, testing and deployment from your first install to the one millionth.
  • Authologic — Automate KYC, KYB & AML to prevent fraud, ensure compliance and onboard customers noticeably faster with Authologic. Scale your business revenue today.
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Centre for Economic Development, Transport and the Environment
VC Fund

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

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Investment focus

  • SaaS, FinTech, Lighting
  • Grant, Funding Round
  • Finland

Portfolio highlights

  • TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
  • Palofy Analytics Oy — Palofy Analytics is a customer loyalty partner and Worldline ISO for SME's. We are developing analysis and forecasting tools that help merchants to get more sales and predict staffing needs. This also enables getting accurate analysis and predictions on channel, store, product group, or product level.Our licenced technology leveragesexisting payment cards as customer loyalty cards, reducing customer friction and removing work overhead from staff.Service areas: • Restaurant and hospitality • RetailPalofy Analytics is an Independent Sales Organization (ISO) for Europe's largest payment acquirer Worldline and multiple SaaS and Fintech companies. Our Alfa Rating is AA
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Mikael Hed
Angel · Greater Los Angeles Area, California, United States

Mikael Hed currently works as a Chairman for Yazen. He previously worked at Rovio Entertainment as a CEO. Mikael Hed attended Tulane University - A.B. Freeman School of Business.

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Investment focus

  • E-Commerce, Health Care, Consumer Electronics
  • Seed, Angel, Series A
  • Finland, Sweden, Lithuania

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
  • CGTrader — Join the fastest-growing 3D model marketplace today!
  • Loupedeck — Loupedeck custom consoles offer analog control with digital precision for effortless creative workflow. Shop now with free shipping!
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Wave Ventures
VC Fund · Helsinki, Southern Finland, Finland

Founded in 2016, Wave Ventures is the largest student-run VC in Europe, backed by Nordic unicorn founders, investing in Gen Z entrepreneurs at the earliest stage. We operate both from Finland and Sweden with a team of five people from the top universities in the region.

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Investment focus

  • Software, Internet, Mobile Apps
  • Seed, Pre-Seed, Funding Round
  • Finland, Sweden, Germany

Portfolio highlights

  • Bought — A fully automated secondhand marketplace unleashing the 95% of hidden secondhand supply with AI.
  • Sustashift — Sustashift offers a comprehensive legal CSRD reporting tool, providing tailored audit templates and automated XBRL tagging to streamline compliance and reduce manual reporting efforts.
  • 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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Supercell
VC Fund · Helsinki, Southern Finland, Finland

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

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Investment focus

  • Gaming, Video Games, PC Games
  • Seed, Funding Round, Series A
  • Finland, United States, United Kingdom

Portfolio highlights

  • Appcharge — Built for mobile gaming, we help publishers grow revenue and personalize every player interaction and checkout.
  • Nilo — Nilo is a collaborative 3D platform that works across desktop, mobile, Discord, and Telegram. It combines generative AI with world-building tools, allowing users to generate assets, characters, animations, and code from natural language or drawings. The result: a radically simplified creation experience that lowers the barrier to entry andaccelerates how quickly new ideas can be built, tested, and shared.It’s creation at the speed of culture: whether spinning up a game inspired by today’s viral sound, turning a group chat joke into a playable world or crafting a custom hangout, Nilo transforms imagination into interaction — instantly and collaboratively.Nilo’s key features include:Text-to-3D generation: Create characters, environments, and code from prompts or images. Browser-Based: Nilo runs entirely in your browser - no installs, no downloads, no friction. Voice-enabled coding: A built-in AI-powered code editor that supports spoken commands and natural language for playful, social programming. Real-time multiplayer: Co-create and play with friends instantly.Nilo was founded in April 2024, bringing together veterans from Fortnite, Twitch, YouTube, Snapchat, Microsoft, Adobe, Blizzard, VRChat, Rec Room, and major VFX projects such as Avatar and Star Wars.
  • Redemption Games — Our studio is built on the principle of blending great artistry and design with top-notch research and data to produce games that are both beautifully created and have blockbuster market potential.
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FOV Ventures
VC Fund · London, England, United Kingdom

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

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Investment focus

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

Portfolio highlights

  • Roro — Roro is a new mobile gaming studio that creates imaginative play experiences using Unreal Engine. Roro is a small, nimble company with a clear vision wanting to expand with more craftspeople who can help build the future.
  • Spogen.ai — Spogen.ai is a speaking AI assistant that improves machinery operation and maintenance efficiency.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
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Leaguer Venture Capital
VC Fund · Shenzhen, Guangdong, China · 3 investments in the past 12 months

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

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Investment focus

  • Manufacturing, Advanced Materials, Artificial Intelligence
  • Series A, Seed, Series B
  • China, United States, Finland

Portfolio highlights

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

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

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Investment focus

  • Software, Information Technology, Internet of Things
  • Series A, Seed, Funding Round
  • Germany, Finland, United States

Portfolio highlights

  • Soley — Strategisches Produktportfolio-Management einfach digitalisieren mit Soley: Produktportfolio-Analyse und Produktportfolio-Optimierung auf Knopfdruck.
  • Wirepas — Wirepas offers a standards-based, ultra-reliable mesh connectivity for infrastructure-grade IoT. Proven in millions of devices worldwide.
  • Artisense Corporation — Pocket-sized camera module enables centimeter-precise positioning in any environment. Indoors and outdoors. Critical for autonomous vehicles, robotics, mapping.
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Dawn Capital
VC Fund · London, England, United Kingdom

We are a family of investors, entrepreneurs, strategists and operational specialists, drawn together by our passion for helping B2B founders build category-defining companies.

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Investment focus

  • Software, SaaS, Financial Services
  • Series A, Series B, Series C
  • United Kingdom, United States, Denmark

Portfolio highlights

  • Harbr — The Harbr data commerce platform powers high-margin data businesses by enabling customized data product design and delivery at scale to drive significant revenue
  • BRYTER — BRYTER is the AI productivity suite for legal work, made actionable through rule-based workflows.
  • Inforcer — Standardize Microsoft 365 security policies across multiple tenants with ease using inforcer. Gain visibility, upsell security offerings, increase compliance and reduce risk. Book a demo now!
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CapMan
VC Fund · Helsinki, Southern Finland, Finland

CapMan is a leading Nordic private assets management and investment company. They have built value in unlisted businesses, real estate and infrastructure for 30 years. They serve investors in the private assets class on a broad scale. Their roots are Nordic but their handprint and their networks are international.At CapMan, they build betterorganised, managed, and financially stable companies, because this contributes to overall economic well-being. More jobs and innovations equal better conditions for the society. Similarly, they invest in real estate and infrastructure, because they believe that functional high-quality environments and utilities are cornerstones for functioning societies.

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Investment focus

  • Software, Information Technology, Manufacturing
  • Private Equity, Funding Round, Series B
  • Finland, Russian Federation, Sweden

Portfolio highlights

  • Groweo — Groweo focus on smart, efficient growth through software and services is crucial for businesses looking to thrive in today’s competitive landscape.
  • Tana — Tana provides machines and equipment for the mechanical processing of solid waste. The company manufactures landfill compactors and recycling machinery. Tana uses electrical control systems and artificial intelligence solutions in its equipment. An online inquiry form is available on the company website.
  • TerraWise — TerraWise is an experienced and trusted partner for various types of infrastructure construction projects. The company focuses on delivering demanding projects related to environmental construction and specialized quarrying, offering a complete set of services in each area. TerraWise’s key value proposition is based on expertise, high-qualityresults and commitment to agreed schedules.
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Risto Siilasmaa
Angel · Helsinki, Southern Finland, Finland · 2 investments in the past 12 months

Risto Siilasmaa is based out of Helsinki, Southern Finland and is the Board of Direcctor of Donut Lab. He previously worked as Founder of F-Secure. Risto Siilasmaa attended Aalto University.

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Investment focus

  • Software, Information Technology, SaaS
  • Seed, Series A, Pre-Seed
  • Finland, Sweden, Estonia

Portfolio highlights

  • Inven — Save time by using AI to find companies. Inven scans millions of websites to provide comprehensive data on companies similar to your search criteria.
  • Donut Lab — Redefining Electric Mobility Across All Industries. World's First Complete Electric Vehicle (EV) Hardware Platform With Unified Software.
  • The Upright Project — Upright enables smarter decision-making for investors, companies and governments by quantifying the net impact of companies.
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Bragiel Brothers
VC Fund · San Francisco, California, United States

Classic arcade gaming experience

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Investment focus

  • Software, Information Technology, FinTech
  • Seed, Series A, Pre-Seed
  • United States, Finland, Japan

Portfolio highlights

  • Gridware — Using remote telemetry and edge AI, Gridware wildfire prevention technology powers a grid that is smarter and more reliable than ever before.
  • Assured Health — Streamline healthcare credentialing, licensing & payor enrollment with Assured's all-in-one platform. Automate admin Ops, boost efficiency & manage providers effortlessly.
  • Inspectify — If you are looking to buy or sell a home, Inspectify helps you find the best home inspectors in your area.
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The Venture Reality Fund/VRF
VC Fund · Palo Alto, California, United States

The Venture Reality Fund drives innovation and investment at the intersection of immersive, spatial, and intelligent computing for consumer and enterprise sectors.

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Investment focus

  • Virtual Reality, Software, Augmented Reality
  • Seed, Series A, Series B
  • United States, Finland, Australia

Portfolio highlights

  • Lilac — Access interruptible enterprise GPUs from idle capacity at up to 40% below standard rates. Same enterprise hardware, spot economics.
  • Oasiz — Oasiz is pioneering what it calls “playable content”—a new category where AI-powered tools enable users to generate games in seconds and share with the same speed and cultural resonance as memes or short videos. Unlike traditional game platforms, Oasiz is designed for viral discovery: creators can layer in the subtle cues, humor, and authenticitythat fuel TikTok’s cultural waves, but now in the form of games.
  • Windup Minds — Stay: Forever Home is a heartwarming virtual pet game where you meet Ember, a magical companion bringing joy, adventure, and connection. Discover her emerging world, uncover hidden treats, and build your forever home together!
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Tiny VC
VC Fund · Berlin, Berlin, Germany · 16 investments in the past 12 months

Backing great companies when they're tiny

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Investment focus

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

Portfolio highlights

  • VitVio — VitVio is a platform built around AI and computer vision with the goal of improving efficiency and quality of care in operating rooms.
  • Paper — Paper is an digital canvas designed to help designers create and organize their work.
  • Outcome — TeamOS makes team dependencies visible, speeds up blocker resolution, and offers actionable insights into bottlenecks
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Summit Partners
VC Fund · Boston, Massachusetts, United States · 5 investments 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

  • Software, Information Technology, Health Care
  • Private Equity, Funding Round, Series B
  • United States, Germany, Canada

Portfolio highlights

  • Celcoin — Founded in 2016 by Marcelo França and Adriano Meirinho, Celcoin, the company offers a platform that allows companies to connect to the financial system simply and without bureaucracy to offer innovative experiences to their customers, whether in the digital world, with more than 170 clients including banks, fintechs, brokerages and loyaltycompanies, in other words, in the physical world, where it has its own network of more than 38,000 digital correspondents in 3,200 Brazilian municipalities. A pioneer in its segment, Celcoin adopts a unique multi-channel strategy in its segment, and already processes more than 11 million financial transactions and a volume in excess of R$1.8 billion monthly.Celcoin came up with the idea of ​​facilitating new players to the financial system, which until its inception was completely closed, difficult to access and difficult to connect. With its set of Open Finance solutions (APIs for Transactions, APIs for Physical Networks and Open Banking APIs), more than 8 million Brazilians are impacted monthly in the physical and virtual world with their solutions.
  • PostPilot — PostPilot is the leading direct mail platform for ecommerce and DTC.
  • Earned Wealth — Forme Financial is a platform that offers estate planning, debt management, insurance planning, and investment management services.
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Samsung Venture Investment
VC Fund · Seocho, Seoul-t'ukpyolsi, South Korea · 3 investments in the past 12 months

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

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Investment focus

  • Information Technology, Software, Health Care
  • Series A, Series B, Seed
  • South Korea, United States, India

Portfolio highlights

  • wooptix — Wooptix is a developer of light field and wavefront phase imaging platform designed to acquire all information about the light using...
  • Medisolar — Medisol is a food technology firm that also provides personalized food care solutions.
  • C2N Diagnostics — C2N Diagnostics, LLC is a privately held protein diagnostic and therapeutic discovery company targeting progressive neurodegeneration. They formed in late 2007 by scientific co-founders Drs. David Holtzman and Randall Bateman of Washington University School of Medicine in St. Louis, and LifeTech Research, a Maryland-based technology research andcommercialization firm (www.lifetechresearch.com). They reside at the Center for Emerging Technologies in St. Louis.
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Abdulrahman Al-Qahtani
Angel · Al Khobar, Ash Sharqiyah, Saudi Arabia

Abdulrahman Al-Qahtani is the Chief Executive Officer at DAAL. He attended Prince Mohammad Bin Fahd University.

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Investment focus

  • E-Commerce, Artificial Intelligence, Social Network
  • Seed, Series A, Pre-Seed
  • Finland, Egypt, South Korea

Portfolio highlights

  • Sana — Sana is an AI company building the next generation of knowledge tools. Designed and engineered in Stockholm, Sweden.
  • Yolk.fm — Yolk.fm is a social platform that allows users to chat rather than send text messages.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
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Nordea
VC Fund · Helsinki, Southern Finland, Finland

Nordea Bank is Denmark's second-largest bank and counts every fourth Dane among its customers. Through their nationwide network of some 340 branch offices and a broad range of self-service facilities, they are able to offer you a full scale of financial products and services, including Netbank, Online Investment, telephone banking and cashdispensers.

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Investment focus

  • FinTech, Financial Services, Banking
  • Funding Round, Debt Financing, Seed
  • Finland, Sweden, Norway

Portfolio highlights

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

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

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Investment focus

  • Mobile, Hardware, Software
  • Angel, Pre-Seed, Series C
  • Finland, Poland

Portfolio highlights

  • Tylko — Tylko offers uncompromising quality at a fair price, while perfectly fitted to your space & easily ordered online.
  • Loupedeck — Loupedeck custom consoles offer analog control with digital precision for effortless creative workflow. Shop now with free shipping!
  • The Planet Company — The world's first AI-based tool that cuts through the noise and helps organizations to analyze, compare and enhance concrete sustainability actions.
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Presence Capital
VC Fund · San Francisco, California, United States

Presence Capital is a venture fund investing in early-stage augmented reality (AR) and virtual reality (VR) companies.

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Investment focus

  • Virtual Reality, Augmented Reality, Software
  • Seed, Series A, Series B
  • United States, Finland, Japan

Portfolio highlights

  • TRIPP — Eyes open. Mind Open. World open. Experience a world of awe and wonder with TRIPP.
  • Sandbox VR — Step inside a new dimension and experience a new reality with your friends. See, touch, and hear. VR as it was meant to be. Sandbox VR, In Here, It's Possible.
  • Thirdverse — Thirdverse (formerly known as Yomuneco Inc) is engaged in Virtual Reality content and services planning, development, sales and management.
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Jerry Pruttz Holding Ab
VC Fund

Investor

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Investment focus

  • Video, Database, Internet
  • Seed, Funding Round
  • Finland

Portfolio highlights

  • Grumblo — Your digital marketing business partner specializing in motorsport, performance, and car-enthusiast markets.
  • Klevu — Klevu Oy is a self-learning search engine that helps online retailers turn visitors into customers. Its search for SMEs focuses on fast, relevant search with actionable insights into shoppers’ search and easy self-service integration.Klevu Oy’s enterprise edition provides natural language search with ease of catalog maintenance and insights intoshopping experience. It is based in Helsinki, Southern Finland.
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Salvia
VC Fund · Holzkirchen, Bayern, Germany

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

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Investment focus

  • Software, Analytics, Health Care
  • Seed, Series A, Series B
  • Germany, Finland, United States

Portfolio highlights

  • InPlanet — Our vision is to to remove gigatons of CO2 from the atmosphere while regenerating soils in the tropics.
  • OQmented — Outstanding MEMS-based laser scanning for top-notch 3D environment perception and AR projections. Unmatched in terms of size, performance and reliability.
  • Bambusa Therapeutics — Bambusa Therapeutics operates as biotechnology company, that focuses on developing bispecific antibodies.
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ETF Partners
VC Fund · London, England, United Kingdom · 9 investments in the past 12 months

ETF Partners supports talented entrepreneurs and management teams with investment capital and experience. Its funds come from institutional investors, global corporations, and family offices. The firm creates value by investing in and supporting great European companies that deliver Sustainability Through Innovation.

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Investment focus

  • Software, Renewable Energy, Information Technology
  • Funding Round, Series A, Series B
  • United Kingdom, France, Germany

Portfolio highlights

  • Hubcycle — Hub cycle converts fruit, vegetable waste into raw materials for the hygiene and food industries.
  • Next Sense — Next Sense creates climate-neutral buildings with data insights, simulations, and AI control.
  • Beams — Beams is a new renovation platform. We offer a seamless, end-to-end service to plan, design and build every room in your home.
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John Lindfors
Angel · Hong Kong, Hong Kong Island, Hong Kong

<p>Stoic Venture Capital is an early-stage venture fund investing in emerging science and deep technology.

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Investment focus

  • Education, E-Commerce, Artificial Intelligence
  • Seed, Series A, Pre-Seed
  • Finland, South Korea, Sweden

Portfolio highlights

  • Yolk.fm — Yolk.fm is a social platform that allows users to chat rather than send text messages.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
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Innovations Kapital
VC Fund · Göteborg, Vastra Gotaland, Sweden

InnovationsKapital was founded in 1994 and is a leading independent venture capital firm for innovative growth companies in the Nordic region. The business, carried out from offices in and Stockholm, Gothenburg and New York, is focused on investments within ICT and Healthcare & Life Sciences, dynamic sectors that are rapidly expanding and whereNordic research plays an important role. The capital is provided by highly reputable Swedish and international institutional investors.

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Investment focus

  • Biotechnology, Health Care, Software
  • Funding Round, Series B, Series C
  • Sweden, Denmark, United States

Portfolio highlights

  • Silecs — PiBond manufactures materials used in electronic devices, including patterning materials for semiconductors and optical materials. We also develop complete solutions that allow our clients to focus on creating innovative products.
  • SantoSolve — SantoSolve is developing topical analgesic products based on non-radioactive strontium as the active substance. The Development program was initiated based on experimental clinical use of strontium-based products showing evidence of strong local analgesic effects on several localized pain conditions of both nociceptive and neuropatic origin. Nosignificant adverse effects associated with the treatment was reported.The company’s lead product, 2PX, is topically administered, utilizing dermal penetration enhancers for delivery of the active agent to its subdermal site of action. Phase I safety and pharmacology studies showed the active agent to have low systemic bioavailability, and only few and minor adverse effects were observed at the site of administration. In open label Phase II clinical trials, the product has shown strong analgesic effect in both nociceptive and neuropatic pain conditions. In follow up, placebo controlled trials, the analgesic effect of the product has been further documented. In the company’s most advanced pain indication under study, osteoarthritis, the company has recently completed the Phase II program.These trials supports the open label results and document statistically that the analgesic effect in patients treated with 2PX is superior to that observed with placebo treatment.
  • Action Pharma — Action Pharma A/S operates as a research and development focused biotechnology company. It discovers and develops new drugs and treatment concepts to treat cardiovascular disease and inflammatory diseases, as well as metabolic diseases, such as type-II diabetes and obesity. The company's product pipeline includes AP214, a modifiedÐMSH-peptide analogue for the treatment of post-surgical kidney injury associated with cardiac surgery; and AP1030 and AP11 series, oral anti-diabetic (OAD) for the treatment of type-II diabetes associated with overweight/obesity. Its product pipeline also comprise AP1189, an oral anti-inflammatory compound for the treatment of inflammatory diseases, such as inflammatory bowel disease and rheumatoid arthritis; and AP405, a modified MSH peptide analogue for the treatment of inflammatory skin diseases, such as atopic dermatitis. The company was founded in 2000 and is based in Holte, Denmark.
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PROfounders Capital
VC Fund · London, England, United Kingdom

We are PROfounders. We are the proactive European early-stage venture fund.

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Investment focus

  • Software, Apps, SaaS
  • Seed, Series A, Series B
  • United Kingdom, United States, Finland

Portfolio highlights

  • MindLabs — Live sleep and meditation classes for your mind. Led by experts. Backed by neuroscience. Now available to download on the App Store.
  • Veri — Reveal the foods that help you feel and perform at your best. Track your metabolic health to manage weight, reduce stress and improve sleep.
  • Kinfolk — Resolve 70% of employee requests, run lifecycle programs on autopilot, gain visibility into service delivery and unlock capacity to scale Workforce Ops.
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