# Top 50 Internet VC (Venture Capital) Funds in Finland in June 2026

## Business Finland
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 31
- 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.

## Superhero Capital
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 21
- 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€.

## Visionplus
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 19
- Stages: Seed, Series A
- Focus: Software, Information Technology, Internet

WE HELP YOU TO GROW FASTER!

## Reaktor Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 16
- 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.

## Icebreaker.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 13
- 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.

## Tesi
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 12
- 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

## Vendep Capital
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 12
- Stages: Seed, Series A
- Focus: SaaS, Software, Analytics

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

## Inventure
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 11
- 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.

## Finnvera Venture Capital
- Type: VC Fund
- Location: Kuopio, Eastern Finland, Finland
- Relevant deals: 11
- 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.

## Innovestor
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 11
- 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.

## OpenOcean
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 10
- Stages: Series A, Series B, Seed
- Focus: Software, Information Technology, SaaS

OpenOcean is an early-stage venture capital firm investing in B2B software across Europe with offices in London & Helsinki.

## Lifeline Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 10
- 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.

## Maki.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 8
- 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.

## Conor Venture Partners
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 7
- 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.

## Butterfly Ventures
- Type: VC Fund
- Location: Oulu, Oulu, Finland
- Relevant deals: 6
- 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.

## VTT Ventures
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 6
- 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?

## Gorilla Capital
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 5
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, SaaS, Information Technology

Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies.

## Redstone.VC
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 5
- 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.

## Initial Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Gaming, Mobile, Software

Initial Capital is an investor in seed and early-stage technology companies with a focus on games, consumer services & technology enablers.

## Wave Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- 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.

## Voland Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Series A
- Focus: Information Technology, Software, Marketing

Voland is a hands-on technology growth investor. A trusted partner for entrepreneurs, applying our expertise to enhance our portfolio companies.

## Trind Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Trind VC is a founder-first venture capital firm investing in early-stage consumer startups across Europe. We back ambitious teams, help them grow, and stay by their side through every stage of the journey.

## Karma Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Series A, Series B, Seed
- Focus: Software, Artificial Intelligence, Information Technology

karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.

## Nordea
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Debt Financing, Seed
- Focus: FinTech, Financial Services, Banking

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

## First Fellow Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Artificial Intelligence

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

## Xiaomi
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 3
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Software, Hardware

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## SanomaVentures
- Type: VC Fund
- Location: Hoofddorp, Noord-Holland, The Netherlands
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Internet, SEO, Finance

SanomaVentures is the venturing arm of European media company Sanoma Corporation (SAA1V), aiming to support innovative start-ups in digital information, entertainment and education by providing them with capital, media exposure, expertise and access to Sanoma’s business network.SanomaVentures focuses on early stage investments in start-ups activein online consumer services, e-commerce, mobile, video, online advertising and education. SanomaVentures has offices in Amsterdam and Helsinki.

## 5Y Capital
- Type: VC Fund
- Location: Xuhui, Shanghai, China
- Relevant deals: 3
- Stages: Series A, Series B, Series C
- Focus: Artificial Intelligence, Biotechnology, Software

5Y Capital is a firm engaged in providing early-stage venture investments. It was formerly known as Morningside Venture Capital.
The investment firm manages USD 5bn in dual-currency funds in USD and RMB, backed by world-renowned sovereign wealth funds, family offices, fund of funds, university endowments, pensions, and foundations. It is aninvestment firm of Morningside Group.It was headquartered in Xuhui, Shanghai, China in 2008 by Ken Shi and Richard Liu.

## Wellington Partners
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 3
- Stages: Series A, Series B
- Focus: Health Care, Biotechnology, Medical

Wellington Partners is a venture capital firm that invests in technology and life sciences companies, focusing on Digital Media, Software, Electronics & Photonics, Resource Efficiency, and Biotech/Life Sciences. It is committed to providing outstanding entrepreneurs with the necessary resources to fund their strategies. We typically leadfinancing rounds ranging from € 0.5 million to € 20 million. Depending on the maturity of the company, its own commitment can go as high as € 15 million.Wellington was established in 1998 and has offices in Munich, London, and Zurich.

## Sisu Game Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Gaming, Video Games, Software

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

## Centre for Economic Development, Transport and the Environment
- Type: VC Fund
- Relevant deals: 3
- Stages: Grant
- Focus: SaaS, FinTech, Lighting

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

## Evli Growth Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Series B, Series A, Series C
- Focus: E-Commerce, EdTech, Internet

We partner with the most beautiful European startups.

## HOWZAT Partners
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Travel, E-Commerce, SaaS

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

## Vito Ventures
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, Information Technology, Internet of Things

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

## Mobility Ventures
- Type: VC Fund
- Location: Addison, Texas, United States
- Relevant deals: 2
- Stages: Seed, Angel, Series C
- Focus: Mobile, Apps, Retail

MOBILITY VENTURES: WE HELP ENTREPRENEURS SUCCEED!

## OP Corporate Bank
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Series A, Post-IPO Debt
- Focus: Software, Hardware, Internet

OP Corporate Bank

## Eurazeo
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series B, Seed
- Focus: Software, Information Technology, Health Care

Eurazeo is a private equity and venture capital firm that invests in SMEs and manages a diversified portfolio of assets.With its expertise in private equity, real estate, and private debt, the group supports companies of all sizes in their development commitment through the commitment of its 235 professionals. It provides companies with thenecessary investments needed to realize their growth potential.The firm was founded in 1969 and is based in Paris, Ile-de-France, France.

## Leaguer Venture Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Manufacturing, Advanced Materials, Artificial Intelligence

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

## Antler
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

## BAI capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Software, Internet, Financial Services

BAI Capital is a leading venture capital fund in China. Since 2008, the team of BAI Capital has invested in more than 200 portfolios, including 17+ IPOs and 40+ unicorns. BAI Capital has two main focuses: China-based global companies and China’s structural transformation. BAI Capital seeks to partner with and empower outstanding Chinese companiesand entrepreneurs that can leverage the multiplier effect of China’s technology, talent, and supply chain advantages and to expand globally in consumer retail and services, fintech, media and content innovation, Web3 and metaverse. On the other hand, at the turning point of China’s structural transformation, the fund will also seize major cross-cycle disruption opportunities in frontier and infra tech, electric vehicles and autonomous driving, and industrial upgrade driven by enterprise software development.The investor base for BAI Capital includes institutional investors such as sovereign wealth funds, large insurance companies, internet giants and fund of funds globally, as well as Bertelsmann. BAI Capital has its background from Bertelsmann Asia Investments, part of the Bertelsmann Group.

## KoppiCatch
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed
- Focus: Mobile, Sensor, Internet

We cover mobile and web, services and technology, b-to-b and b-to-c. But, we do not invest in games.Our business is our passion: we love creating and building new services and products around BIG opportunities. As a result, KoppiCatch works with large corporations on new businesses but is also a co-founder in 5 startups. And more is coming.Grow with us - we accelerate startups and growth. KoppiCatch acceleration model brings our portfolio companies with hands-on-involvement and execution to the product development, go-to-market phase, fund raising and growth strategy.

## Northzone
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Software, FinTech, Information Technology

Northzone is a multi-stage venture capital firm operating across Europe and the US. Since 1996, it has backed more than 250 companies, including Spotify, Klarna, Spring Health, and Black Forest Labs.

## Illusian Founder Office
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Artificial Intelligence, Information Technology

Illusian is the Founder Office of people who have founded and scaled companies like Supercell, Zalando, Wolt, Aiven, Pigment, and Smartly. While the group is still busy running their businesses, they've aligned their networks, capital, and expertise to simultaneously support the next generation of builders.

## Digital Future
- Type: VC Fund
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: SaaS, Software, Advertising

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

## Mandatum
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 2
- Stages: Private Equity
- Focus: Internet, SEO, Big Data

Mandatum helps secure essential funding, fostering growth through strategic partnerships and building long-lasting relationships with investors and entrepreneurs alike.

## Click Ventures
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Mobile, Financial Services

Click Ventures is a Seed to Series A venture capital firm investing in highly scalable technology startups across promising sectors.

## Alfvén & Didrikson
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 2
- Stages: Series B, Series A
- Focus: Software, SaaS, Internet

Alfvén & Didrikson is an active and long-term backer of passionate entrepreneurs and teams with international growth ambitions. Since 2010, Alfvén & Didrikson team has made investments in fast-growing Northern European companies such as Trustly, Quinyx, Glue, Acast, Offerta, Sympa, PE accounting, and PingPong.

## Baidu
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 2
- Stages: Series A, Series B, Series C
- Focus: Internet, Software, Artificial Intelligence

Baidu is a search engine that enables individuals to obtain information and finds what they need. Baidu offers functional online search, Tieba community search, industry-based vertical search, mp3 search, portal channels, and instant messaging services. Its products include Baidu Webpage, Baidu Video, Baidu Map, hao123.com, BaiduPedia, Baidu Input,Baidu Toolbar, TTPlayer, Iqiyi, and Sky Software.

## Jerry Pruttz Holding Ab
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Video, Database, Internet

Investor

## DN Capital
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Software, SaaS, E-Commerce

DN Capital is an early-stage venture capital firm that invests primarily in Europe and North America. The firm focuses on companies that plan to establish operations on both sides of the Atlantic, and strives to help its companies build international businesses. Founded in 2000, the company has operations in London and Silicon Valley. DN Capital’sprevious funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile app), Auto1 (world's largest used car marketplace), Purplebricks (IPO London) and Quandoo (sold to Recruit).
