# Top 50 Health Care Startup Investors in Finland in June 2026 ## Business Finland - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 18 - Stages: Grant, Seed, Debt Financing - Focus: Software, Biotechnology, SaaS 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. ## Butterfly Ventures - Type: VC Fund - Location: Oulu, Oulu, Finland - Relevant deals: 17 - Stages: Seed, Pre-Seed - Focus: Health Care, Software, Information Technology 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. ## Lifeline Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 16 - Stages: Seed, Series A - Focus: Software, Health Care, E-Commerce 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. ## Finnvera Venture Capital - Type: VC Fund - Location: Kuopio, Eastern Finland, Finland - Relevant deals: 15 - Stages: Seed, Series A - Focus: Software, Health Care, Information Technology 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. ## Tesi - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 13 - Stages: Series A, Series B - Focus: Software, Manufacturing, Health Care 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 ## Voima Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 13 - Stages: Seed, Pre-Seed, Series A - Focus: Biotechnology, Health Care, Artificial Intelligence 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. ## Icebreaker.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 12 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence 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. ## Innovestor - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 10 - Stages: Seed, Pre-Seed - Focus: Software, Health Care, Information Technology Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services. ## Ali Omar - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 8 - Stages: Seed, Pre-Seed, Angel - Focus: Software, SaaS, Artificial Intelligence Ali Omar is a Member of the Finnish Business Angels Network. He attended Aalto University and the University of Oulu. ## Springvest - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 7 - Stages: Series A, Seed - Focus: Biotechnology, Health Care, Energy The Citizenship Fund started out when the founders of the company discovered in their previous positions that a promising Finnish growth company will spend a great deal of time and energy in arranging financing. A good business idea and a team with excellent team could take months in financial negotiations and the outcome could be a return to thestart-up. At the same time, investors often wanted new types of higher potential investments alongside traditional alternatives.These two challenges were possible by removing the promising growth companies as investors, even for non-traditional venture capital investors. Citizenship wanted to create a service in which the company would be able to capitalize on business quickly and flexibly, but the decision-making business would be left to the company itself. From today's point of view, Springvest's goal is that an increasing number of Finnish investors can get involved in the story of Finnish growth companies and potential success. ## Redstone.VC - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 7 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, FinTech The Redstone team is an international and diverse group of serial entrepreneurs, investors, investment professionals, tech analysts and data scientists. ## Reaktor Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 5 - Stages: Seed, Pre-Seed, Series A - Focus: Internet, Software, E-Commerce 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. ## Leena Niemistö - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 5 - Stages: Seed, Pre-Seed - Focus: Health Care, Software, E-Commerce Leena Niemistö ## Inventure - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 5 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, Health Care Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more. ## Visionplus - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 5 - Stages: Seed, Series A - Focus: Software, Information Technology, Internet WE HELP YOU TO GROW FASTER! ## Nordic Science Investments - Type: VC Fund - Relevant deals: 5 - Stages: Seed, Pre-Seed, Series A - Focus: Biotechnology, Medical, Health Diagnostics We partner with founders to transform unseen scientific discoveries into future breakthroughs, jointly moving businesses, people, and the world forward. ## Superhero Capital - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 4 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Internet 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€. ## Nidoco - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 4 - Stages: Seed, Series A - Focus: Software, Health Care, Apps Nidoco AB is a Swedish investment company whose strategy is to create long-term value through active ownership of public and private companies. ## Maki.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 4 - Stages: Seed, Series A, Pre-Seed - Focus: Software, E-Commerce, Information Technology 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. ## VTT Ventures - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 4 - Stages: Seed, Series A - Focus: Biotechnology, Manufacturing, Sensor 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? ## Oy Hammaren & Co Ab - Type: VC Fund - Location: Finland, Minnesota, United States - Relevant deals: 4 - Stages: Angel, Series A - Focus: Health Care, Wellness, GreenTech Oy Hammaren & Co Ab provides financial services and insurance activities. ## Jyri Engestrom - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Apps, Internet Jyri Engeström is an Investor and Partner of Yes VC. He attended Lancaster University ## Johannes Schildt - Type: Angel - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, Software, Information Technology Johannes Schildt, a true serial entrepreneur who founded or co-founded more than 3 companies, started his first company while still in school. Schildt later made a meteoric career at Stardoll working alongside people like Henrik Torstensson & Marcus Gners. Johannes successfully launched Stardoll's first official Facebook game, reaching1,000,000 monthly unique users within 3 months after launch. Today, Johannes is the CEO & Co-founder of Kry. By combining new technology with leading medical expertise KRY has built a platform to make healthcare digital. ## Elias Aalto - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Internet, Health Care, Information Technology Elias Aalto is Wolt's Advisor and a Co-Founder before that. ## Athensmed - Type: VC Fund - Relevant deals: 3 - Stages: Seed, Series A - Focus: Health Care, Medical, mHealth Athensmed Oy ## Stefan Lindberg - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Wellness, Nutrition, Fruit Stefan Lindberg is co-owner of YSUB. ## Sitra - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - Stages: Series A, Series C - Focus: Health Care, Biotechnology, Therapeutics Sitra is the venture capital investment arm of Sitra specializing in investments in seed, start-ups, early stage opportunities, and other funds. The firm invests through its three programmes namely, Health Care Programme, the Food and Nutrition Programme, and the Environmental Programme. Within the Health Care Programme, investments are focused oncompanies engaged in paper-free health care, seamless services, decentralised specialised health care, and support services. Within the Food and Nutrition Programme, investments are made in enterprises engaged in the food and nutrition sector, including value-adding upgrading of raw materials and new applications and service concepts in food and nutrition technology. ## Cor Group - Type: VC Fund - Location: Oulu, Oulu, Finland - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, Medical, Biotechnology Cor Group management consulting firm serving Psychological, Educational, and Behavioral Services. ## Nostetta Ventures - Type: VC Fund - Location: Kuopio, Eastern Finland, Finland - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Health Care, Medical Device Nostetta Ventures is a venture capital company investing in growth companies mainly in the North Savo region. ## Almaral - Type: VC Fund - Location: Kaarina, Western Finland, Finland - Relevant deals: 3 - Stages: Seed - Focus: Medical Device, Software, Education Almaral provides risk management advice long-term strategy development budgeting operational function setup legal support early-stage sales and marketing function setup, and commercialization. ## M Ventures - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 3 - Stages: Series A, Series B, Seed - Focus: Biotechnology, Health Care, Therapeutics Merck Ventures is the strategic, corporate venture capital arm of Merck. Its mandate is to invest in innovative technologies and products with the potential to significantly impact Merck‘s core business areas. From its headquarters in Amsterdam and offices in the US and Israel we invest globally in transformational ideas driven by greatentrepreneurs. Merck Ventures takes an active role in its portfolio companies and teams up with entrepreneurs and co-investors to translate innovation towards commercial success. Merck Ventures has a significant focus on early-stage investing and company creation including the creation of spin-offs to leverage Merck‘s science and technology base. ## Lynx Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 3 - Stages: Series A, Seed - Focus: Health Care, Medical, Therapeutics cross-border, healthcare, life science, investment, VC, China, US ## Broadview Ventures - Type: VC Fund - Location: Boston, Massachusetts, United States - Relevant deals: 2 - Stages: Series A, Seed, Debt Financing - Focus: Health Care, Biotechnology, Medical Device Broadview Ventures, Inc. (Broadview) was established in 2008 as a new program conceived by the Leducq family. Through Broadview, the trust will work to accelerate the development of promising technology in cardiovascular and neurovascular disease through targeted investment in and support of early stage technology ventures.The FoundationLeducq, based in Paris, France, is the beneficiary of a charitable trust. In order to further the Foundation Leducq's mission in cardiovascular and neurovascular disease, the trust has made funds available to Broadview to develop a program which will promote early state technology in these fields through investments, licensing agreements and consortium funding arrangements, as well as professional, management and consulting support.With this initiative the trust joins other leaders in the venture philanthropy movement in seeking creative solutions to the problem of what is commonly referred to as the 'translational gap', a significant component of which is a lack of funding at a critical moment in the development of new technology and science. ## Metsola Ventures - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 2 - Stages: Series A - Focus: Medical, mHealth, Health Care Metsola Ventures ## Heraeus - Type: VC Fund - Location: Hanau, Hessen, Germany - Relevant deals: 2 - Stages: Seed, Corporate Round, Series A - Focus: Manufacturing, Biotechnology, Therapeutics Heraeus, the technology group headquartered in Hanau, Germany, is a leading international family-owned portfolio company. ## Vesalius Biocapital Partners - Type: VC Fund - Location: Strassen, Luxembourg, Luxembourg - Relevant deals: 2 - Stages: Series B, Series A, Series C - Focus: Biotechnology, Health Care, Medical Vesalius Biocapital Partners invests in companies active in human health through venture capital funds raised since 2007. They have contributed to developing 20 companies since inception.With more than € 150 million under management in two funds. Vesalius Biocapital Partners plays the role of lead investor in the large majority of its financingrounds.Their companies are based in Europe allowing easy interaction with management.They invest in all stages of development and do not shy away from relatively early-stage projects with a sound proprietary technology and corresponding IP, unique team skills and a clear competitive edge based on solid data. ## Mika Ihamuotila - Type: Angel - Relevant deals: 2 - Stages: Seed, Post-IPO Equity - Focus: Sustainability, FinTech, Internet Mika Ihamuotila - Board of Directors @ Rovio Entertainment Corporation ## Stephen Industries - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A - Focus: Apps, Water, Energy We fund futurebreakthroughs ## Novo Holdings - Type: VC Fund - Location: Hellerup, Hovedstaden, Denmark - Relevant deals: 2 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Medical Novo Holdings is a world-leading life science investor with a focus on creating long-term value. ## Pontos Group - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Focus: Genetics, Hospital, Automotive Pontos is a family owned Finnish private equity and real estate investment company operating in Finland, the Baltic States, and Portugal. ## Kustaa Piha - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed - Focus: Health Care, Health Diagnostics, Medical Device Healthcare business development, management, and investing. Very good knowledge on healthcare services and public health. Kustaa Piha is interested in new business and investment opportunities and better ways of producing excellent healthcare services. ## Conor Venture Partners - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 2 - Stages: Series A, Series B, Seed - Focus: Software, Analytics, Semiconductor 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. ## University of Helsinki - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Grant, Pre-Seed - Focus: Apps, Hospital, Consulting The University of Helsinki has the widest range of disciplines in Finland. It was established in Turku in 1640, but was transferred to Helsinki in 1828. The number of faculties is eleven. There are 35,000 degree students and 7,900 staff. The number of degrees taken each year is an average 5,000, of which about 470 are doctorates. The Universityconcentrates on high-level scientific research and researcher education. Scientific research is also the basis of the teaching provided by the University. The University operations support the development of society, as well as business and industry. University representatives offer their competencies for the benefit of society through a number of positions of trust and expertise. The results produced by the research and teaching carried out at the University have been widely acclaimed. The University participates in more than half of the national Centres of Excellence in Research, elected by international scientific panels. The University of Helsinki has been invited to be a member of the League of European Research Universities, a co-operation body for the leading European research universities. According to international expert panels, also the teaching provided by the University of Helsinki is of a high European level. The University has strong international connections. It has some 80 co-operation agreements with universities on different continents. The University researchers are in great demand as experts in international scientific communities, meetings and publications. The University is bilingual, but in addition to Finnish and Swedish teaching is also provided in English. Besides Helsinki, the University has operations at 20 localities throughout Finland. ## Samsung Venture Investment - Type: VC Fund - Location: Seocho, Seoul-t'ukpyolsi, South Korea - Relevant deals: 2 - Stages: Series A, Series B, Seed - Focus: Information Technology, Software, Health Care Samsung Venture Investment is plays the role of driving the discovery and development of new businesses and technologies. ## Korpun Siemen - Type: VC Fund - Location: Oulu, Oulu, Finland - Relevant deals: 2 - Stages: Seed, Angel - Focus: Software, Information Technology, Pet Korpun Siemen is backed by 33 investors who have combined their initial investment activities and have extensive experience in start-up, growth and family businesses in various industries. The company includes active angel investors, entrepreneurs in growth companies and investors who have already exited their companies. ## Cascara Ventures - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Medical, Health Care, Biotechnology 96 Normal 0 false false false EN-GB X-NONE X-NONE ## Asko Schrey - Type: Angel - Relevant deals: 2 - Stages: Seed, Angel - Focus: Software, Artificial Intelligence, FinTech Asko Schrey ## EQT Life Sciences - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 2 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Therapeutics Providing capital plus strategic, clinical, operational, financial, and commercial support to deliver the added value inventors seek. ## Mikael Hed - Type: Angel - Location: Greater Los Angeles Area, California, United States - Relevant deals: 2 - Stages: Seed, Angel, Series A - Focus: E-Commerce, Health Care, Consumer Electronics 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. ## Anssi Vanjoki - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Angel, Series A - Focus: Medical, Hardware, Health Care As Executive Vice President and General Manager of Multimedia, Nokia, Anssi Vanjoki heads a business group that is responsible for developing Nokia Nseries multimedia computers and associated experiences and services. This fast growing segment of consumer electronics will shape our lives in a fundamental way. A highly respected brand authoritywith over 25 years of marketing experience, Anssi has been a driving force in Nokia's efforts to address the mobile markets. His work has focused on developing Nokia's brand durability, loyalty and continuity, while, at the same time, advancing Nokia's vision of a mobile world. Anssi joined Nokia in 1991 and was named Vice President, Sales, Nokia Mobile Phones, before his promotion in 1994 to Senior Vice President, Nokia Mobile Phones Europe and Africa. In 1998 he was made Executive Vice President, Nokia Mobile Phones Europe and Africa and became a member of the Group Executive Board of Nokia. In addition, in 1999, Anssi took responsibility for Nokia's Digital Convergence Unit and, in 2002, also headed up the Business Unit Management. He was appointed to his present position on January 1st 2004. Prior to joining Nokia, Anssi held a variety of management positions at 3M Corporation. Anssi is the Chairman of the Board of Amer Group, and was a member of the Governing Committee of the European Foundation for Quality Management 2001 - 2003. He is a Knight, 1st Class, of the Order of the White Rose of Finland. Anssi holds a master's degree in economics from the Helsinki School of Economics and Business Administration. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co