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Top 35 Impact Angel Investors in Finland (August 2026)

The most active angel investors investing in Finland Impact startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Impact startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Leena Niemistö
Angel
3 Finland, United States Seed, Pre-Seed Health Care, Software, E-Commerce $480k–$3.4M
Ali Omar
Angel
3 Finland, United States, Estonia Seed, Pre-Seed, Angel Software, Artificial Intelligence, SaaS $53k–$2.2M
Mika Ihamuotila
Angel
3 Finland Seed, Post-IPO Equity Sustainability, FinTech, Internet
Risto Siilasmaa
Angel
2 Finland, Sweden, Estonia Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $228k–$29M
David Helgason
Angel
2 United States, Denmark, Finland Seed, Series A, Pre-Seed Software, Gaming, Artificial Intelligence $242k–$30M
Mikael Hed
Angel
2 Finland, Sweden, Lithuania Seed, Series B, Angel E-Commerce, Health Care, Consumer Electronics $1.1M–$43M
Kim Groop
Angel
1 Finland, Sweden, Germany Seed, Pre-Seed, Series A Software, SaaS, Machine Learning $340k–$33M
Jeffrey Zirlin
Angel
1 United States, Brazil, Canada Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Gaming $2.6M–$25M
Dan Bragiel
Angel
1 United States, Finland, Latvia Seed, Series A, Pre-Seed Software, FinTech, Logistics $600k–$5M
Albert Wenger
Angel
1 United States, Germany, Switzerland Series A, Series B, Seed Software, Internet, Analytics $650k–$40M
Antero Vartia
Angel
1 Finland Venture - Series Unknown GreenTech, Health Care, Innovation Management
Vesa Puttonen
Angel
1 Finland Venture - Series Unknown CleanTech, Advanced Materials, Packaging Services
Jawed Karim
Angel
1 United States, Finland, Germany Seed, Series A, Angel Software, Financial Services, FinTech $100k–$20M
Aleksander Leonard Larsen
Angel
1 Norway, Denmark, Singapore Seed, Series A, Pre-Seed Gaming, Blockchain, Video Games $1.6M–$60M
Ilkka Paananen
Angel
1 Finland, United States, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, FinTech $1.2M–$65M
Jonathan Oppenheimer
Angel
1 Finland Seed Energy, Oil and Gas
Luc De Vos
Angel
1 Belgium, Finland, United States Seed, Series A, Private Equity Analytics, Consulting, B2B $22k–$11M
Timo Soininen
Angel
1 Finland, Sweden, United States Seed, Pre-Seed, Series A FinTech, Software, Gaming $828k–$16M
Sebastien Borget
Angel
1 United States, France, Estonia Seed, Series A, Pre-Seed Blockchain, Gaming, Cryptocurrency $250k–$60M
Trung Nguyen
Angel
1 Singapore, Canada, Finland Seed, Pre-Seed, Series B Blockchain, Cryptocurrency, Web3 $3.2M–$5.4M
Teemu Päivinen
Angel
1 Finland Venture - Series Unknown GreenTech, Health Care, Innovation Management
Mikael Westerlund
Angel
1 Finland Seed Biotechnology, Environmental Engineering
Riitta Ekengren
Angel
1 Finland Seed Biotechnology, Environmental Engineering
Jasper Pääkkönen
Angel
1 Finland GreenTech, Health Care, Innovation Management
Maija Itkonen
Angel
1 Finland Seed, Convertible Note News, Internet, Consulting
Hannu Turunen
Angel
1 Finland, Sweden, United States Seed, Pre-Seed SaaS, Mobile, Delivery $1.7M–$2M
Jaakko Ollila
Angel
1 Finland Seed SaaS, Hotel, Events
Granström Mari
Angel
1 Finland Seed Biotechnology, Environmental Engineering
Jukka Rannila
Angel
1 Finland Venture - Series Unknown CleanTech, Advanced Materials, Packaging Services
Renaldas Zioma
Angel
1 Lithuania, Finland, United States Angel, Pre-Seed, Convertible Note Internet, Artificial Intelligence, Software $85k–$2.1M
Lauri Rosendahl
Angel
1 Finland Venture - Series Unknown CleanTech, Advanced Materials, Packaging Services
Kyösti Kakkonen
Angel
1 Finland Seed CleanTech, Advanced Materials, Packaging Services
Mikko Kuitunen
Angel
1 Finland, Poland, The Netherlands Angel, Pre-Seed, Series B Mobile, Hardware, Software $1.1M–$1.6M
Jukka Sonninen
Angel
1 Finland Seed SaaS, Forestry, Software
Mikko Rannila
Angel
1 Finland Venture - Series Unknown CleanTech, Advanced Materials, Packaging Services
Access all 46 angel investors in Finland Impact startups.

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Investor list

Leena Niemistö
Angel · Helsinki, Southern Finland, Finland · 3 investments in Finland Impact startups

Leena Niemistö

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Investment focus

  • Industry: Health Care, Software, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Finland, United States

Investor stats

  • Total investments: 19
  • Round size: Seed $480k–$3.4M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Vapaus — A circular economy startup Vapaus provides sustainable mobility solutions – Employee benefit bicycles and shared electric vehicles as a ready-to-use serviceWith its services, Vapaus supports customers’ to create and strengthen a better experience of the work community, to save on the costs of commuting and business travels, and to move towardssmarter and more environmentally friendly modes of transport, both at work and in employees’ leisure time.Every kilometer traveled by the Vapaus mobility solution removes carbon dioxide from the air, helping not only the environment but also customers on their way to carbon neutrality. The mission of Vapaus is to be a global leader when it comes to sustainable Corporate Mobility.
  • 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
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Ali Omar
Angel · Helsinki, Southern Finland, Finland · 3 investments in Finland Impact startups

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

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Investment focus

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

Investor stats

  • Total investments: 62
  • Round size: Seed $263k–$2.2M; Angel $53k–$1.6M; Pre-Seed $165k–$724k
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Themo — Themo's innovation is an algorithm that optimizes the price of exchange electricity and the consumption of electricity. Themo offers an easy and environmentally friendly way to save on electricity consumed by heating.
  • GoalProfit — GoalProfit is the world’s first low code retail optimization platform empowering retailers to build customized intelligence applications. It was founded by former IBM executives, Maxim Morozov and Oleg Sidorkin. GoalProfit is on a mission to make big data solutions available for all retailers and help them to survive in a new post-covid reality.
  • Retailgrid — Agentic AI pricing platform for mid-market retailers. Turn messy retail data into structured, explainable price decisions in days, not months.
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Mika Ihamuotila
Angel · Helsinki, Southern Finland, Finland · 3 investments in Finland Impact startups

Mika Ihamuotila - Board of Directors @ Rovio Entertainment Corporation

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Investment focus

  • Industry: Sustainability, FinTech, Internet
  • Stage:Seed, Post-IPO Equity
  • Geography: Finland

Investor stats

  • Total investments: 6
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
  • Sulapac — Reduce your CO2 emissions and eliminate microplastic pollution without compromising operational efficiency or customer experience.
  • NoHo Partners — NoHo Partners Plc is a Finnish restaurant group behind approximately 250 restaurants, bars, pubs, nightclubs and entertainment centres. The name derives from the words ‘Nordic Hospitality Partners’, which communicate the key goals, opportunities and strengths of the Group.
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Risto Siilasmaa
Angel · Helsinki, Southern Finland, Finland · 2 investments in Finland Impact startups

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

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 24
  • Round size: Seed $1.7M–$29M; Pre-Seed $228k–$393k; Series A $1.3M–$13M
  • Lead/follow: 42% lead, 58% follow

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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David Helgason
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Finland Impact startups

David is a technologist, the founder of Unity Technologies, non-exec director to others, and a restless entrepreneur with a passion for creating feedback loops between innovation and teams and products, applying new and old business models to changing industries, and pushing people to do the very best they can do.David's background is inprogramming, an assortment of university dabbling, creating companies, and helping entrepreneurs. He served as CEO of Unity Technologies since co-founding it in 2003 and until October 2014, with an unflinching vision to democratize game development, and to develop technology and business models for the next phase of the games industry. David Helgason attended the University of Copenhagen.

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Investment focus

  • Industry: Software, Gaming, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Denmark, Finland

Investor stats

  • Total investments: 79
  • Round size: Seed $1.1M–$8M; Pre-Seed $242k–$2.4M; Series A $4.3M–$30M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • ScyAI — Risk intelligence that thinks with you.
  • Noah — API-first stablecoin payments, enterprise-grade compliance and real-time settlements, powered by stablecoin technology.
  • Flow Engineering — Requirements management, made collaborative
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Mikael Hed
Angel · Greater Los Angeles Area, California, United States · 2 investments in Finland Impact startups

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

  • Industry: E-Commerce, Health Care, Consumer Electronics
  • Stage:Seed, Series B, Angel
  • Geography: Finland, Sweden, Lithuania

Investor stats

  • Total investments: 10
  • Round size: Seed $1.1M–$2.2M; Angel $1.1M–$1.6M; Series B $9.5M–$43M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
  • 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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Kim Groop
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Impact startups

Kim Groop - Managing Partner & co-founder @ First Fellow Partners

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Investment focus

  • Industry: Software, SaaS, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Sweden, Germany

Investor stats

  • Total investments: 16
  • Round size: Seed $340k–$8.3M; Pre-Seed $1.1M–$1.6M; Series A $9M–$33M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Enevo — Enevo works with its customers to transform the financial, environmental and social impact of waste. Founded in 2010, Enevo began providing waste data from dumpster sensors using its proprietary analytics software. Enevo now provides full management of waste and recycling services for restaurant, retail and commercial property customers throughoutNorth America. It provides the first predictive end-to-end solution that automates the whole planning and operations of waste and recycling logistics.Enevo has raised more than $34M in private equity funding to date and continues to invest in technology and new processes to deliver the peace of mind its customers need.
  • Coneksion — Youredi is the leading integration solution provider for the Supply Chain and Logistics industries.
  • Detectify — Detectify's external attack surface management tool - assess, prioritize, remediate continuously growing external attack surfaces.
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Jeffrey Zirlin
Angel · 1 investments in Finland Impact startups

Jeffrey Zirlin is the Co-Founder and Growth Lead at Sky Mavis.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Brazil, Canada

Investor stats

  • Total investments: 15
  • Round size: Seed $2.6M–$5.4M; Series A $10M–$25M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Play AI — The Orchestration Layer for Crypto x AI
  • Metagood — Metagood is the operating layer for tokenized assets across their full lifecycle: compliance, transfer rules, entitlements, corporate actions, and audit.
  • VOYA Games — Voya Games is a Berlin-based game development studio. The company focuses on creating a network of interconnected Web3 games centered around player ownership and tokenized economies. Their flagship title, Craft World, is a casual resource management game set in a post-apocalyptic world where players collaborate with friendly dinosaurs to rebuildcivilization. Craft World integrates blockchain features such as NFTs and a utility token called Dyno Coin, enabling players to own, trade, and participate in a decentralized game economy.
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Dan Bragiel
Angel · San Francisco, California, United States · 1 investments in Finland Impact startups

Dan Bragiel has co-founded 2 companies and has been involved in startups for the past 10 years. He began with mobile gaming at Paragon 5 focusing on running the offices in Poland, Netherlands and Argentina. He then co-founded the startup Meetro, a pioneer in the location/mobile space. He then went on to start Lefora that was sold in 2010.

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Investment focus

  • Industry: Software, FinTech, Logistics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Finland, Latvia

Investor stats

  • Total investments: 16
  • Round size: Seed $600k–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Enevo — Enevo works with its customers to transform the financial, environmental and social impact of waste. Founded in 2010, Enevo began providing waste data from dumpster sensors using its proprietary analytics software. Enevo now provides full management of waste and recycling services for restaurant, retail and commercial property customers throughoutNorth America. It provides the first predictive end-to-end solution that automates the whole planning and operations of waste and recycling logistics.Enevo has raised more than $34M in private equity funding to date and continues to invest in technology and new processes to deliver the peace of mind its customers need.
  • Jerry — Jerry simplifies the expensive, frustrating, and time-consuming aspects of car ownership.
  • Jerry — Jerry.AI provides an AI- and machine-learning-based platform that compares car and home insurance options and helps users purchase coverage through a mobile app and web experience. The service shops insurance with multiple carriers, manages policy switching, and supports refinancing of auto loans. Jerry.AI also offers car maintenance reminders,repair cost estimates, and a driving score program that rewards safe driving. The company operates as a licensed insurance broker in all US states and Washington, D.C., and emphasizes limited data sharing through its DataLock Guarantee.
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Albert Wenger
Angel · New York, New York, United States · 1 investments in Finland Impact startups

Albert Wenger is a managing partner at Union Square Ventures. Before joining USV, Albert was the president of del.icio.us through the company’s sale to Yahoo and an angel investor (Etsy, Tumblr). He previously founded or co-founded several companies, including a management consulting firm and an early hosted data analytics company. Albert graduatedfrom Harvard College in economics and computer science and holds a Ph.D. in Information Technology from MIT.

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Investment focus

  • Industry: Software, Internet, Analytics
  • Stage:Series A, Series B, Seed
  • Geography: United States, Germany, Switzerland

Investor stats

  • Total investments: 108
  • Round size: Seed $650k–$16M; Series A $1M–$40M; Series B $4.3M–$30M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Brale — One regulated system for stablecoin issuance, custody, payments, and compliance. 75+ programs in production across 45 US jurisdictions. SOC 2 Type II. Book a demo.
  • Terra.do — Learn about climate change and start working on climate change solutions today with the Terra.do community.
  • Phlair — Carbon Atlantis is producing energy-efficient approach for ocean-based carbon dioxide removal.
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Access 48,091 investors

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

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Antero Vartia
Angel · 1 investments in Finland Impact startups

Antero Vartia is a former Finnish MP and the founder of Compensate, a non-profit built to empower individuals and businesses to combat climate change. The thought Antero wanted to bring forth was that every person should be allowed to take responsibility for their own emissions. Exactly like a person is responsible for cleaning up after themselveswhen they make a mess. That is why Compensate was founded, to make the carbon impact of goods and services visible to each of us in our everyday life. Although informing and offsetting is an essential part of Compensate, the foundation is really about making a change. The change Antero and Compensate want to create is a systemic one. To make compensating a natural part of everyone’s life and make it feel like it is what we always should have done. The change in the way of thinking is what is needed to save the planet from the most drastic effects of climate change.

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Investment focus

  • Industry: GreenTech, Health Care, Innovation Management
  • Stage:Venture - Series Unknown
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
Show all investments...

Vesa Puttonen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Impact startups

Vesa Puttonen is a professor of finance from Finland.

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Investment focus

  • Industry: CleanTech, Advanced Materials, Packaging Services
  • Stage:Venture - Series Unknown
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
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Jawed Karim
Angel · Palo Alto, California, United States · 1 investments in Finland Impact startups

Jawed Karim is a Co-Founder of the popular video-sharing website YouTube. Prior to YouTube, he was a software architect at PayPal. Jawed holds degrees in computer science from UIUC and from Stanford University.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A, Angel
  • Geography: United States, Finland, Germany

Investor stats

  • Total investments: 30
  • Round size: Seed $600k–$7M; Angel $100k–$250k; Series A $4M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BlindPay — BlindPay is a stablecoin API that enables companies to send and receive money worldwide using fiat money, stablecoins and multiple blockchains. We handle all the complex compliance and regulatory requirements, so companies can focus on their core business.
  • Beglaubigt.de — https://t.co/BCWk4L679n ist die erste Plattform zur Digitalisierung des Notariats in Europa.
  • Conduit — Conduit is a better way for global businesses to simply and cheaply move money with faster speed, better visibility and fewer steps than traditional payment rails.Why choose Conduit? With the Conduit payments platform, your entire team has the tools they need to move money between USD and multiple local Latam currencies. Our dashboard issimple to use, with better transparency and faster, more exact quotes than alternatives.
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Aleksander Leonard Larsen
Angel · 1 investments in Finland Impact startups

Aleksander Leonard Larsen is the Co-Founder and COO at Sky Mavis.

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Investment focus

  • Industry: Gaming, Blockchain, Video Games
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Norway, Denmark, Singapore

Investor stats

  • Total investments: 20
  • Round size: Seed $1.6M–$8.2M; Series A $20M–$60M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Makina — The DeFi Execution Engine. Community Chat: https://t.co/ngGchIzFrU Support: https://t.co/LSN1rdkqYC
  • Pixels — Pixels is a play-to-earn MMO game built around the NFT assets you already own. Build your NFT a home in the metaverse and get farming.
  • Lens Protocol — Lens Protocol is a composable and decentralized social graph, ready for you to build on so you can focus on creating a great experience, not scaling your users.
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Ilkka Paananen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Impact startups

Ilkka Paananen, is the CEO and co-founder of Supercell, the Helsinki-based mobile games developer behind Clash of Clans, Hay Day, Boom Beach, Clash Royale and Brawl Stars. Since its founding in 2010, Supercell's five games have amassed 100m daily players and remain in the global top 10 years after launch. In June 2016, Supercell became thefirst European technology start-up to reach a valuation of $10 billion.In addition to his role at Supercell, Ilkka helps other entrepreneurs as both an investor and as an active member of the Nordic startup community where he mentors and coaches other founders. Alongside his co-founder Mikko Kodisoja, he has established the We Foundation to fight social inequality and help disadvantaged children in Finland.Prior to founding Supercell, he was the CEO & co-founder of Finnish games developer Sumea, which was later acquired by Digital Chocolate, where he worked as President until 2010. Ilkka holds a Master of Science degree from the Helsinki University of Technology.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 63
  • Round size: Seed $2.5M–$16M; Pre-Seed $1.2M–$2.7M; Series A $8M–$65M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • CodeWords — CodeWords is a technology startup working on AI systems for workflow automation. Their platform CodeWords lets anyone create automations and AI workflows by chatting with AI. Agemo's technology is designed to build code-based workflows and systems that can autonomously reason through software.
  • Qutwo — We unite Qutwo OS and world-class AI and quantum scientists with the most forward-looking enterprises to develop competitive edge through classical AI, hybrid, and full quantum systems. We tackle the most challenging problems in AI computing.
  • Lovable — Build apps, websites, and digital products faster using Lovable's AI-powered platform, no deep coding skills required.
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Jonathan Oppenheimer
Angel · 1 investments in Finland Impact startups

Jonathan Oppenheimer

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Investment focus

  • Industry: Energy, Oil and Gas
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Polar Night Energy — Polar Night Energy - Seasonal heat storage in district heating and industrial applications. The energy revolution is here.
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Luc De Vos
Angel · Leuven, Vlaams-Brabant, Belgium · 1 investments in Finland Impact startups

Luc De Vos is the non-executive director at Hybrid Software Group PLC. Luc De Vos attended KU Leuven.

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Investment focus

  • Industry: Analytics, Consulting, B2B
  • Stage:Seed, Series A, Private Equity
  • Geography: Belgium, Finland, United States

Investor stats

  • Total investments: 12
  • Round size: Seed $22k–$4.2M; Series A $2.4M–$11M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Apirium — Apirium acts as your ICT architect for the digital economy.
  • Husky Marketing Planner — Marketing planning & marketing calendar tool for marketing teams. Makes the complete marketing planning clear on one central digital platform.
  • DataStories International — DataStories a Partners in Performance Company, is an end-to-end prescriptive analytics provider for your operations. Real-time optimisation for better quality, yield and energy efficiency.
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Timo Soininen
Angel · Zürich, Zurich, Switzerland · 1 investments in Finland Impact startups

Timo Soininen is the co-founder at Small Giant Games. Timo Soininen is the CEO and co-founder of Small Giant Games, maker of the hit game Empires & Puzzles. Small Giant joined Zynga, Inc (ZNGA) in December 2018, when Zynga acquired 80% of Small Giant at $700M valuation. Prior to Small Giant he was the longtime CEO of Habbo Hotel and is also anactive angel investor in several technology startups ranging from biomaterials and digital health to games (Spinnova, Aiforia, Critical Force). Timo holds a M.Sc. degree in Marketing from Helsinki School of Economics/Aalto University and just loves tennis.

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Investment focus

  • Industry: FinTech, Software, Gaming
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $2.2M–$16M; Pre-Seed $828k–$2M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Studio 555 — Redefining digital interior design with unrivaled technology, UX and visual fidelity
  • Minit Games — Minit Games provides bite-sized, instantly playable HTML5 games in a tailored, algorithmically driven feed.
  • Seven Stars — De perfecte match in IT. Die maken wij. Als IT-flex regisseur en specialist in IT-bemiddeling verbinden we professionals met de beste IT-opdrachten. Snel, soepel en zonder gedoe. We make IT spark.
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Sebastien Borget
Angel · San Francisco, California, United States · 1 investments in Finland Impact startups

Sebastien Borget is based out of Paris, Île-de-France and serves as the Global Ambassador of The Sandbox. Sebastien attended The Chinese University of Hong Kong.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, France, Estonia

Investor stats

  • Total investments: 87
  • Round size: Seed $1.1M–$9M; Pre-Seed $250k–$7M; Series A $5M–$60M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Rocapine — We craft apps that help people feel truly alive
  • VOYA Games — Voya Games is a Berlin-based game development studio. The company focuses on creating a network of interconnected Web3 games centered around player ownership and tokenized economies. Their flagship title, Craft World, is a casual resource management game set in a post-apocalyptic world where players collaborate with friendly dinosaurs to rebuildcivilization. Craft World integrates blockchain features such as NFTs and a utility token called Dyno Coin, enabling players to own, trade, and participate in a decentralized game economy.
  • Pacific Meta — Pacific Meta is a tech startup that creates a web3 platform with the goal of offering guidance to businesses using blockchain technology. The firm platform aids in the product's localization for the Japanese market and offers community management services, enabling businesses to promote themselves on social media platforms and work withinfluencers in the cryptocurrency space.
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Trung Nguyen
Angel · 1 investments in Finland Impact startups

Trung Nguyen CEO at Axie Infinity. He attended FPT University during 2010-2017.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Singapore, Canada, Finland

Investor stats

  • Total investments: 8
  • Round size: Seed $3.2M–$5.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Moku — Worshipping a mischievous Moki with big balls and a small brain. 8887 NFTs, 900+ traits, 3 epic games.
  • RISE Labs — RISE is a high-performance Ethereum L2 where orderbooks are a native primitive. Purpose-built for onchain financial markets. Secured by Ethereum.
  • Bitlayer — Bitlayer is the first Bitcoin second-layer network, based on BitVM, offering ultra-scalability and L1 security, aiming to be Bitcoin's computing layer.
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Teemu Päivinen
Angel · New York, New York, United States · 1 investments in Finland Impact startups

Teemu Päivinen is the Founder and CEO of Gevulot. He previously worked at Radicle as an Investor. Teemu Päivinen attended Aalto University.

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Investment focus

  • Industry: GreenTech, Health Care, Innovation Management
  • Stage:Venture - Series Unknown
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
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Mikael Westerlund
Angel · Raseborg, Southern Finland, Finland · 1 investments in Finland Impact startups

Mikael Westerlund - Business Project Lead @ Agate Sensors

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Investment focus

  • Industry: Biotechnology, Environmental Engineering
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Origin by Ocean — We rid the oceans of harmful algae and turn it into everyday goods.
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Riitta Ekengren
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Impact startups

Riitta Ekengren is an Angel Investor.

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Investment focus

  • Industry: Biotechnology, Environmental Engineering
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Origin by Ocean — We rid the oceans of harmful algae and turn it into everyday goods.
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Jasper Pääkkönen
Angel · 1 investments in Finland Impact startups

Jasper Pääkkönen

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Investment focus

  • Industry: GreenTech, Health Care, Innovation Management
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
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Maija Itkonen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Impact startups

Maija Itkonen is based out of Helsinki, Southern Finland and is the CEO & Co-Founder of Onego Bio. Maija previously worked at Gold&Green Foods as a Chief Innovation Officer. Maija Itkonen attended Aalto University School of Science and Technology.

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Investment focus

  • Industry: News, Internet, Consulting
  • Stage:Seed, Convertible Note
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ArcticStartup — ArcticStartup is the leading startup news publication covering the Nordics and Baltics delivering the latest insights on the hottest startups in the region
  • Carbo Culture — We are a project developer with proprietary climate technology. We are building a rapidly scalable biochar carbon removal solution.
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Hannu Turunen
Angel · 1 investments in Finland Impact startups

Hannu Turunen is the Member of the Board of Exalocus. He was a Board Member at Men&Mice.

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Investment focus

  • Industry: SaaS, Mobile, Delivery
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $1.7M–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
  • Cargofy — Cargofy it's a mobile assistant, kind of a "Siri" but for truck drivers. We help truckers access to high paying loads through our app, and receive discounts on fuel, maintenance, and truck parts.
  • Picosun — Picosun is the leading manufacturer of Atomic Layer Deposition (ALD) reactors for micro- and nanotechnology applications. Picosun provides the customers with versatile, reliable, and user-friendly ALD process tools, which offer world leading process quality and unique scalability from basic research to fully automated high throughput industrialproduction. Picosun is based in Espoo, Finland, its production facilities are located in Masala (Kirkkonummi), Finland, its US headquarters in Detroit, Michigan, and its Asian headquarters in Singapore. PICOSUN™ ALD process tools have been installed in various prominent industries and high-level reasearch organizations across Europe, USA, Asia and Australia. Picosun has world-wide sales and support network with distributors and representatives in over 30 countries.
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Jaakko Ollila
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Impact startups

Jaakko Ollila - VP of International Sales @ Booxmedia

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Investment focus

  • Industry: SaaS, Hotel, Events
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
  • MeetingPackage — Intuitive, automated venue sales management for all venues. Use smart automation to boost efficiency, grow revenue, and improve the guest experience.
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Granström Mari
Angel · 1 investments in Finland Impact startups

Granström Mari is the Chief Executive Activist at Origin by Ocean.

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Investment focus

  • Industry: Biotechnology, Environmental Engineering
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Origin by Ocean — We rid the oceans of harmful algae and turn it into everyday goods.
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Jukka Rannila
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Impact startups

Jukka Rannila Entrepeneur and Investor.

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Investment focus

  • Industry: CleanTech, Advanced Materials, Packaging Services
  • Stage:Venture - Series Unknown
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
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Renaldas Zioma
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Finland Impact startups

Renaldas Zioma

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Investment focus

  • Industry: Internet, Artificial Intelligence, Software
  • Stage:Angel, Pre-Seed, Convertible Note
  • Geography: Lithuania, Finland, United States

Investor stats

  • Total investments: 9
  • Round size: Angel $85k–$2.1M; Pre-Seed $219k–$1.7M; Convertible Note $352k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sort A Brick — Sort A Brick transforms your Toy Bricks into endless building experiences
  • Ver.iD — Streamline your user onboarding, verify user credentials, and enjoy seamless Single Sign-On with all identity apps.
  • PIXEVIA — PIXEVIA - AI for retail. Our flagship product - fully autonomous stores, powered by AI, cameras, and sensors. You simply walk in, take what you want, and go.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Lauri Rosendahl
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Impact startups

Lauri Rosendahl is a Chair of the Board of Directors at Nasdaq. From February 2013 to May 2014, Mr. Rosendahl oversaw Nordic Equities and Equity Derivatives within Nasdaq’s Transaction Services Nordic division. Since joining Nasdaq in May 2009 until February 2013, Mr. Rosendahl was Head of Product Management for Nordic Equities and Nordic EquityDerivatives. During this time, Nasdaq Nordic implemented CCP clearing for cash equities and launched INET trading system for cash equities and GENIUM INET for equity derivatives. From January 2012 to February 2013, he was, in parallel, responsible for the Baltic and Armenian operations of Nasdaq, during which time the Baltic operations was re-organized and integrated into one regional operation. Mr. Rosendahl has over 20 years of experience in the financial markets, having held several senior management positions within securities trading, equity research and investment banking with several banks and brokers including Deutsche Bank, ABN Amro / Alfred Berg, Carnegie and Kaupthing. He also has a long renowned career as a telecom equipment analyst, in particular for his highly ranked research work on Nokia. As Head of the Helsinki Stock Exchange, Mr. Rosendahl is also a board member of the Securities Market Association in Finland, which is responsible for Corporate Governance and Takeover issues in Finland. Mr. Rosendahl has been a founding member of The Finnish Financial Analyst Society and a board member from 1989 to 1993. He has further acted as member of the board of The Finnish Brokers' Association (1992-1996, 2004-2005), The Private Brokers' Association (1992-1996) and on the Supervisory Board of the Helsinki Stock Exchange (1993-1995). Mr. Rosendahl has also acted as a Member of the Board in the Finnish Deposit Guarantee Fund (2008 – Feb 2009).

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Investment focus

  • Industry: CleanTech, Advanced Materials, Packaging Services
  • Stage:Venture - Series Unknown
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
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Kyösti Kakkonen
Angel · 1 investments in Finland Impact startups

Kyösti Kakkonen is the co-founder of The Tokmanni Group.

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Investment focus

  • Industry: CleanTech, Advanced Materials, Packaging Services
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
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Mikko Kuitunen
Angel · Tampere, Western Finland, Finland · 1 investments in Finland Impact startups

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

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Investment focus

  • Industry: Mobile, Hardware, Software
  • Stage:Angel, Pre-Seed, Series B
  • Geography: Finland, Poland, The Netherlands

Investor stats

  • Total investments: 5
  • Round size: Angel $1.1M–$1.6M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Insify — Insify is an insurance company that offers digital insurance solutions to freelancers and small businesses. The company was founded in 2020 by Koen Thijssen and is headquartered in Amsterdam, Netherlands.
  • Loupedeck — Loupedeck custom consoles offer analog control with digital precision for effortless creative workflow. Shop now with free shipping!
  • The Planet Company — PlanetAI transforms sustainability from a compliance requirement into a strategic sales and market intelligence capability.
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Jukka Sonninen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Impact startups

Aito’s Chairman of the Board. Jukka has worked over 20 years in different management positions within the IT- industry. He has been the founding member and CEO of SAP Finland and now sits at the boards of several companies such as Solteq. He has also supported the Finnish software company Basware and Endero in their international growth andlisting on the stock exchange. Now, he primarily works as the CEO and board member of Fifth Element Oy.

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Investment focus

  • Industry: SaaS, Forestry, Software
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • CollectiveCrunch — CollectiveCrunch is an AI leader in the forestry industry. We collect and analyze a wide range of information, including climate, geo and process data, to bring best-in-class forest inventories and accurate carbon storage calculations to our customers. The largest forest owners the Nordics and Baltics are already using using our solution, LindaForest.With Linda Forest, our customers gain actionable insights, leading to improved forest management, informed forest investments and up-to-date carbon storage analytics. Overall, Linda Forest can reduce forest planning costs while increasing accuracy. We are currently focused on the Nordic and Baltic countries but are soon adopting the solution to Northern America, Russia and other forestry markets. Moreover, we are working with insurance companies to apply our expert analytics to new opportunities such as prediction of forest risk.
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Mikko Rannila
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Impact startups

Mikko Rannila - Founding Partner @ Magnifier

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Investment focus

  • Industry: CleanTech, Advanced Materials, Packaging Services
  • Stage:Venture - Series Unknown
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
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Impact Angel investor funding in Finland at a glance

Stats across 22 deals from 46 investors.

46
investors
in Finland Impact startups
22
deals
in Finland Impact startups
$3.3M
median round
in Finland Impact startups
7%
lead investors
lead at least one round
55%
Seed
most common funding stage

Access all 46 angel investors in Finland Impact startups.

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