# Top 50 Startup Investors in Finland in June 2026 ## Business Finland - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 108 - Stages: Grant, Seed, Debt Financing - Focus: Software, Biotechnology, SaaS Business Finland finances business R&D projects and public research projects at universities, research institutes and universities of applied sciences. Read more about R&D and business funding. ## Lifeline Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 100 - 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. ## Tesi - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 78 - 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 ## Icebreaker.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 71 - 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. ## Finnvera Venture Capital - Type: VC Fund - Location: Kuopio, Eastern Finland, Finland - Relevant deals: 68 - 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. ## Superhero Capital - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 62 - 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€. ## Inventure - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 60 - 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. ## Butterfly Ventures - Type: VC Fund - Location: Oulu, Oulu, Finland - Relevant deals: 56 - 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. ## Visionplus - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 51 - Stages: Seed, Series A - Focus: Software, Information Technology, Internet WE HELP YOU TO GROW FASTER! ## Ali Omar - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 51 - Stages: Seed, Pre-Seed, Angel - Focus: Software, SaaS, Artificial Intelligence Ali Omar is a Member of the Finnish Business Angels Network. He attended Aalto University and the University of Oulu. ## Innovestor - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 47 - 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. ## Maki.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 47 - 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. ## First Fellow Partners - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 43 - 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. ## Reaktor Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 41 - 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. ## Voima Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 36 - 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. ## Gorilla Capital - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 31 - 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: 26 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, FinTech The Redstone team is an international and diverse group of serial entrepreneurs, investors, investment professionals, tech analysts and data scientists. ## Vendep Capital - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 23 - 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. ## Sisu Game Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 19 - 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. ## OpenOcean - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 19 - 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. ## Ilkka Paananen - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 18 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, FinTech 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. ## VTT Ventures - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 17 - 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? ## Play Ventures - Type: VC Fund - Location: Grand Cayman, Midland, Cayman Islands - Relevant deals: 17 - Stages: Seed, Pre-Seed, Series A - Focus: Gaming, Video Games, Software Play Ventures is a venture funding that invests globally in games and game services startups. ## Illusian Founder Office - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 16 - 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. ## Wave Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 16 - 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. ## Springvest - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 15 - 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. ## Conor Venture Partners - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 14 - 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. ## Antler - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 14 - 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! ## Initial Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 13 - 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. ## Nordic Foodtech VC - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 13 - Stages: Seed, Series A, Pre-Seed - Focus: Biotechnology, Food and Beverage, Life Science We are investing in #FutureFood. Nordic FoodTech VC is the first fund in the Nordics investing explicitly in the future of food ## Leena Niemistö - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 12 - Stages: Seed, Pre-Seed - Focus: Health Care, Software, E-Commerce Leena Niemistö ## Nidoco - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 12 - 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. ## Risto Siilasmaa - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 11 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, SaaS 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. ## Supercell - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 11 - Stages: Seed, Series A - Focus: Gaming, Video Games, PC Games Visit Supercell.com and find out more about us and our games. ## FOV Ventures - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 11 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Gaming, 3D Technology FOV Ventures invests in early-stage European companies across Spatial Computing, AI, 3D, and Robotics. ## Spintop Ventures - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 10 - Stages: Seed, Series A - Focus: Software, Information Technology, SaaS Founded in 2009, Spintop Ventures is a venture capital firm backed by a network of successful tech entrepreneurs who have invested in Spintop alongside institutional investors, family offices and some of the most experienced private investors in early stage growth companies. ## David Helgason - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 10 - Stages: Seed, Series A - Focus: Software, Gaming, Information Technology 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. ## byFounders - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 10 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Health Care byFounders is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global network. Believing in the power of tech to shape our future, byFounders takes an impact-aware approach to investing and working with the broader startup ecosystem. ## PROfounders Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 10 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Apps We are PROfounders. We are the proactive European early-stage venture fund. ## LVP - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 10 - Stages: Seed, Series A - Focus: Gaming, Video Games, Mobile LVP is a venture capital seed fund with a difference - they're operating experts in the games sector, and they only ever invest in the games ecosystem. That means they bring real experience and deep understanding. They speak the same language, share the same references, understand the same challenges - and they believe in the same vision.They know instinctively where the opportunities lie; where there are strengths to be harnessed and exposures to be covered. In fine-grain, no-hiding, straight-talking detail. They know when to bide time, when to iterate and when to go wide. And how.They invest in people. That means founders with the potential to build the best in the world; teams with terrific, creative games development skills, or fantastic ideas for revolutionary games technology or services… and a vision that sets them apart. ## Finnish Climate Fund - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 10 - 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: 10 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, Biotechnology, Apps We fund futurebreakthroughs ## Miki Kuusi - Type: Angel - Location: Helsinki, Southern Finland, Finland - Relevant deals: 9 - Stages: Seed, Angel, Pre-Seed - Focus: Software, E-Commerce, Artificial Intelligence Miki Kuusi is based out of Helsinki, Southern Finland and is the CEO of Deliveroo and the Co-founder & CEO of Wolt. Miki previously worked at NoHo Partners as a Board Member. Miki Kuusi attended the Aalto University. Miki Kuusi has been received the Forbes 30 under 30 award. ## Nordic Science Investments - Type: VC Fund - Relevant deals: 9 - Stages: Seed, Pre-Seed, Series A - Focus: Biotechnology, Medical, Health Diagnostics We partner with founders to transform unseen scientific discoveries into future breakthroughs, jointly moving businesses, people, and the world forward. ## Valve Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 9 - Stages: Seed, Series A - Focus: Energy, CleanTech, Oil and Gas Valve Ventures is a Helsinki-based angel and early-stage venture investor. ## Voland Partners - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 8 - 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. ## CapMan - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 8 - Stages: Private Equity, Series B - Focus: Software, Information Technology, Manufacturing CapMan is a leading Nordic private assets management and investment company. They have built value in unlisted businesses, real estate and infrastructure for 30 years. They serve investors in the private assets class on a broad scale. Their roots are Nordic but their handprint and their networks are international.At CapMan, they build betterorganised, managed, and financially stable companies, because this contributes to overall economic well-being. More jobs and innovations equal better conditions for the society. Similarly, they invest in real estate and infrastructure, because they believe that functional high-quality environments and utilities are cornerstones for functioning societies. ## Jyri Engestrom - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 8 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Apps, Internet Jyri Engeström is an Investor and Partner of Yes VC. He attended Lancaster University ## Trind Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 8 - 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. ## John Lindfors - Type: Angel - Location: Hong Kong, Hong Kong Island, Hong Kong - Relevant deals: 7 - Stages: Series A, Seed, Series D - Focus: E-Commerce, Eyewear, Internet John Lindfors is a Co-Founder of DST Global. He previously worked at Goldman Sachs as the head of tech and media investment banking in the EMEA region before transitioning to Digital Sky Technologies in 2010. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co