# Top 50 Impact VC (Venture Capital) Funds in Finland in June 2026 ## Lifeline Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 12 - 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. ## Business Finland - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 10 - Stages: Seed, Grant, Debt Financing - Focus: Software, SaaS, Biotechnology 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. ## Finnvera Venture Capital - Type: VC Fund - Location: Kuopio, Eastern Finland, Finland - Relevant deals: 9 - 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. ## Butterfly Ventures - Type: VC Fund - Location: Oulu, Oulu, Finland - Relevant deals: 7 - 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. ## Tesi - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 7 - 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 ## Superhero Capital - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 6 - 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€. ## Voima Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 4 - 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. ## Finnish Climate Fund - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 4 - Stages: Debt Financing, Series A - Focus: Energy, Renewable Energy, Manufacturing The Climate Fund focuses on combating climate change, boosting low-carbon industry and promoting digitalisation. ## Stephen Industries - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, Biotechnology, Apps We fund futurebreakthroughs ## Nidoco - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 3 - 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. ## Springvest - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - 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. ## Wave Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Software, Internet, Information Technology 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. ## 2C Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Pre-Seed, Seed - Focus: Software, Renewable Energy, SaaS 2C Ventures is an early-stage venture capital firm investing in European cleantech startups driving the energy transition and circular economy. Backing visionary founders tackling climate challenges. ## Halton Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Focus: Smart Building, Energy, GreenTech Halton Ventures operates as a venture capital firm. ## 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. ## Inventure - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - 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. ## Failup Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, E-Commerce, Power Grid Failup Ventures is a Finnish-American venture capital fund based in San Francisco and Helsinki. We invest in early-stage startups with strong, mission driven teams. ## PC Rettig & CO Impact - Type: VC Fund - Relevant deals: 2 - Stages: Seed - Focus: Mining, Robotics, 3D Printing PC Rettig & CO Impact ## Holdix Oy Ab - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A - Focus: Energy, Oil and Gas, Renewable Energy Holdix Oy Ab is a Finnish family-owned investment company situated in Helsinki. Our investment policy is based on responsible and active ownership, long-term perspective, sustainable value creation, and environmental considerations. ## OMV Petrom - Type: VC Fund - Location: Bucharest, Bucuresti, Romania - Relevant deals: 2 - Stages: Series A, Private Equity, Corporate Round - Focus: Fuel, Energy, Clean Energy OMV Petrom SA is an integrated oil and gas company. The exploration & Production segment consists of the exploration, development, & production of crude oil, & natural gas. ## PeakBridge - Type: VC Fund - Location: Valletta, NA - Malta, Malta - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Food and Beverage, Health Care, Food Processing PeakBridge is a highly networked, global impact VC that funds and connects the people, technology and processes that will shape the future of food. We invest in visionary pioneers, from early stage to Series A-B, with scalable, protectable climate and health-focused technologies. At their core: a deep commitment to disrupting our food system whiledriving positive impact. Our team is spread across seven countries and includes pioneers of FoodTech investment and decades of deep Agri-Food operational and financial experience. Together, we create exceptional value for bold FoodTech entrepreneurs and investors. A member of the Edmond de Rothschild Private Equity partnership, PeakBridge is also the only venture capital firm that is an official partner of the world’s largest Agri-Food innovation initiative, EIT Food. ## Maki.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - 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. ## UB FIGG - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Series A - Focus: Chemical, Forestry, Recycling UB Forest Industry Green Growth Fund ("UB FIGG") is a private equity fund investing in companies focused on plastic and other fossil fuel based material replacements, higher value and more efficient use of wood and agricultural raw material side streams and greater use of these raw materials across a wide range of intermediate and enduses.Through its investments, the Fund helps the forest and bio-based industries to create solutions to mitigate climate change. UB FIGG is a signatory of Operating Principles for Impact Management and reports on the environmental and climate impact of its investments. ## Sitra - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - 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. ## True Ventures - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, Artificial Intelligence Founded in 2005, True Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups. With more than $3.8 billion under management, True provides seed and Series A financing to entrepreneurs in some of today's growing markets. With more than 40 team members including special advisors, operationsprofessionals, and founders-turned-investors, True represents one of the largest and most experienced teams dedicated to the ecosystem. The True team believes creativity flourishes when founders are supported fully and empowered to pursue brave ideas. To that end, the True Platform offers programs that inspire professional and personal growth. To date, True has helped more than 350 companies launch and scale their businesses, creating over 85,000 jobs worldwide. True was awarded Venture Firm of the Year by the National Venture Capital Association in 2018. To learn more, visit www.trueventures.com. ## Valve Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A - Focus: Energy, CleanTech, Oil and Gas Valve Ventures is a Helsinki-based angel and early-stage venture investor. ## Turret Oy - Type: VC Fund - Location: Uusimaa, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A - Focus: Energy, Farming, Seafood Turret Oy is an investment vehicle controlled by Paul Ehrnrooth ## Übermorgen Ventures - Type: VC Fund - Location: Zürich, Zurich, Switzerland - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Energy, Renewable Energy We are an early stage VC for climate tech startups. ## Innovestor - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - 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. ## Bragiel Brothers - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, FinTech Classic arcade gaming experience ## Redstone.VC - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, Health Care The Redstone team is an international and diverse group of serial entrepreneurs, investors, investment professionals, tech analysts and data scientists. ## Climate Investment - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Energy, CleanTech, Manufacturing OGCI Climate Investments focuses on delivering the transition to lower carbon emission energy sources. The leaders of the ten major oil and gas companies are committed to the direction set out by the Paris Agreement on climate change. They support its agenda for global action and the need for urgency. Through their collaboration in Oil and GasClimate Initiative (OGCI), they can be a catalyst for change in their industry and more widely.OGCI aims to increase the ambition, speed and scale of the initiatives they undertake as individual companies to reduce the greenhouse gas footprint of their core oil and gas business – and to explore new businesses and technologies. ## LähiTapiola - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 1 - Stages: Debt Financing - Focus: Banking, FinTech, Internet LähiTapiola is based on mutual company form, a group of companies owned by its customers, serving the personal, farm, entrepreneurial. ## C2 Ventures - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, FinTech Bridging the gap between founders and capital through content, connections and experience. ## Born2Grow - Type: VC Fund - Location: Heilbronn, Baden-Wurttemberg, Germany - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Health Care, Medical Born2Grow is a german venture fund focusing on early stage investments. They invest up to 500k€ in innovative business models. They are based in Heilbronn in Baden-Wuerttemberg. Born2Grow focus on investments lies within the MedTech, BioTech, FinTech area as well as some other online industries ## Soren Jensen Radgivende Ingeniorfirma - Type: VC Fund - Location: Aarhus, Midtjylland, Denmark - Relevant deals: 1 - Focus: Energy, GreenTech, Smart Cities Søren Jensen advises on inspirational civil engineering with hardcore engineering knowledge and the latest technology. ## Bonnier Ventures - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Health Care, Digital Media, Software Bonnier Capital is the investment division of the Bonnier Group. Since 2016, we invest in promising companies in structurally growing industries and have become a reliant investment partner to companies and funds of various sizes. ## Fortum - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 1 - Stages: Series A - Focus: CleanTech, Clean Energy, Renewable Energy Fortum’s competence in waste-to-energy and strong financial resources, a true Nordic circular economy champion will be formed. ## Vantaan Energia - Type: VC Fund - Location: Vantaa, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Private Equity - Focus: Automotive, Electronics, Mobile Apps Vantaan Energia is one of Finland's largest urban energy companies. ## VTT Technical Research Centre of Finland - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed - Focus: Mining, Lighting, Automotive VTT is one of Europe’s leading research institutions. We are owned by the Finnish state. Our task is to advance the utilisation and commercialisation of research and technology in commerce and society. Through scientific and technological means, we turn large global challenges into sustainable growth for businesses and society. We bring togetherpeople, business, science and technology to solve the biggest challenges of our time. This is how we create sustainable growth, jobs and wellbeing and bring exponential hope. ## VNT Management - Type: VC Fund - Location: Vaasa, Western Finland, Finland - Relevant deals: 1 - Stages: Series B, Seed - Focus: Manufacturing, Electronics, Information Technology 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. ## European Circular Bioeconomy Fund - Type: VC Fund - Location: Bonn, Nordrhein-Westfalen, Germany - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Biotechnology, AgTech, Agriculture European Circular Bioeconomy Fund invest and partner with entrepreneurs to accelerate late-stage circular bioeconomy companies. ## KPMG - Type: VC Fund - Location: Amstelveen, Noord-Holland, The Netherlands - Relevant deals: 1 - Stages: Series A, Series B - Focus: Software, Information Technology, Enterprise Software KPMG is a global network of professional firms providing Audit, Tax & Advisory services. ## University of Helsinki - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - 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. ## Takeoff Partners - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed - Focus: Software, CRM, Sales Takeoff Partners are experienced growth advisors and private investors. ## Volvo Cars Tech Fund - Type: VC Fund - Location: Mountain View, California, United States - Relevant deals: 1 - Stages: Series C, Series A - Focus: Automotive, Software, Electric Vehicle TechFund meta description ## VTT Ventures - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Series A - Focus: Manufacturing, Biotechnology, 3D Technology 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? ## Aura Group - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Series A, Seed - Focus: iOS, Blockchain, Information Technology Aura Group is a financial services company operating out of Australia and Singapore that provides tailored wealth and funds management solutions across the Asia Pacific region. Our vision is to build trust that lasts generations. ## Nordic Option - Type: VC Fund - Location: Oulu, Oulu, Finland - Relevant deals: 1 - Stages: Seed, Series C - Focus: Software, Manufacturing, 3D Technology 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. ## Volvo Cars - Type: VC Fund - Location: Göteborg, Vastra Gotaland, Sweden - Relevant deals: 1 - Stages: Seed, Post-IPO Debt - Focus: CleanTech, Electric Vehicle, Automotive The first mass-produced Volvo car rolled off the production line in Gothenburg in 1927. Since then, they have delivered a steady stream of cars equipped with world-leading innovations. Today, they are one of the most well-known and respected car brands in the world with sales in about 100 countries.Volvo Car Group (Volvo Cars) is owned byZhejiang Geely Holding (Geely Holding) of China. Volvo Cars formed part of the Swedish Volvo Group until 1999 when Ford Motor Company bought the company. In 2010, Geely Holding acquired Volvo Cars.They produce premium cars with the following body types: Sedans, Estates/Sportswagons, Cross Country vehicles, SUVs, and Convertibles. Their cars are characterized by intuitive, human-focused, functional Scandinavian design and good craftsmanship.Relative to the strength of the brand, Volvo Cars is a small producer with global sales reaching 421,951 cars in 2012. Their largest markets are the United States, Sweden, China, Germany, and the UK. Their corporate and brand strategy is ”Designed Around You” and puts people at the heart of everything they do.As a responsible company, they want to contribute to a more sustainable society. To ensure that they are in harmony with customers and society, they do their part by spearheading the development of sustainable mobility - from plug-in hybrids and all-electric cars to active cooperation in a partnership project on road trains.They are proud to continuously deliver world-first solutions; innovations that put people first, by saving and simplifying their lives. Volvo Cars was owned by AB Volvo until 1999 when it was acquired by the Ford Motor Company as part of its Premier Automotive Group. Geely Holding Group then acquired Volvo Cars from Ford in 2010.