Top 25 Life Science VC Funds & Investors in Finland (June 2026)
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| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Voima Ventures
VC Fund
|
4 | Finland, Sweden, Norway | Seed, Pre-Seed, Series A | Biotechnology, Health Care, Artificial Intelligence | $439k–$18M |
|
Nordic Foodtech VC
VC Fund
|
3 | Finland, Denmark, Sweden | Seed, Series A, Pre-Seed | Biotechnology, Food and Beverage, Life Science | $549k–$18M |
|
Inventure
VC Fund
|
2 | Finland, Sweden, United States | Seed, Series A, Series B | Software, Information Technology, Health Care | $549k–$23M |
|
Icebreaker.vc
VC Fund
|
2 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence | $106k–$25M |
|
European Investment Bank
VC Fund
|
2 | Germany, France, The Netherlands | Debt Financing, Post-IPO Debt | Biotechnology, Health Care, Energy | |
|
Tesi
VC Fund
|
2 | Finland, United States, Switzerland | Series A, Series B | Software, Manufacturing, Health Care | $2.2M–$41M |
|
K5 Global
VC Fund
|
1 | United States, United Kingdom, Brazil | Seed, Series A, Pre-Seed | Software, Information Technology, Artificial Intelligence | $50k–$50M |
|
United Ventures
VC Fund
|
1 | Italy, United States, United Kingdom | Series A, Seed | Software, Information Technology, FinTech | $274k–$18M |
|
Cassa Depositi e Prestiti
VC Fund
|
1 | Italy, Turkey, Spain | Debt Financing, Post-IPO Debt, Pre-Seed | Energy, Manufacturing, CleanTech | $71k–$437M |
|
Stephen Industries
VC Fund
|
1 | Finland, Sweden | Seed, Series A, Pre-Seed | Health Care, Biotechnology, Apps | $330k–$45M |
|
Innovestor
VC Fund
|
1 | Finland, Denmark, Sweden | Seed, Pre-Seed | Software, Health Care, Information Technology | $163k–$4.5M |
|
Springvest
VC Fund
|
1 | Finland | Series A, Seed | Biotechnology, Health Care, Energy | $1.5M–$53M |
|
Advent Life Sciences
VC Fund
|
1 | United States, United Kingdom, France | Series A, Series B | Biotechnology, Health Care, Medical | $5.5M–$75M |
|
Tiger Global Management
VC Fund
|
1 | United States, India, China | Series B, Series A, Series C | Software, FinTech, Financial Services | $8M–$260M |
|
VTT Ventures
VC Fund
|
1 | Finland | Seed, Series A | Manufacturing, Biotechnology, 3D Technology | |
|
Valio
VC Fund
|
1 | Sweden, Finland | Series A, Series B | Life Science, Biotechnology | $8.5M–$12M |
|
Novartis Venture Fund
VC Fund
|
1 | United States, Switzerland, United Kingdom | Series B, Series A, Series C | Biotechnology, Health Care, Therapeutics | $5.1M–$120M |
|
Lifeline Ventures
VC Fund
|
1 | Finland, United States, United Kingdom | Seed, Series A | Software, Health Care, E-Commerce | $547k–$20M |
|
Takoa Invest
VC Fund
|
1 | Finland, Israel | Seed, Series B, Series C | Biotechnology, Mobile, Retail | $483k–$1.3M |
|
Wave Ventures
VC Fund
|
1 | Finland, Sweden, Germany | Seed, Pre-Seed | Software, Internet, Information Technology | $165k–$2.1M |
|
Finnvera Venture Capital
VC Fund
|
1 | Finland, United States, Chile | Seed, Series A | Software, Health Care, Information Technology | $250k–$22M |
|
Finnish Climate Fund
VC Fund
|
1 | Finland | Debt Financing, Series A | Energy, Renewable Energy, Manufacturing | $2.6M–$14M |
|
Thames Trust
VC Fund
|
1 | United Kingdom, Finland | Seed, Series A, Series B | SaaS, FinTech, Finance | |
|
Athensmed
VC Fund
|
1 | Finland | Seed, Series A | Health Care, Medical, mHealth | $1.1M–$1.3M |
|
Business Finland
VC Fund
|
1 | Finland, United States, United Kingdom | Grant, Seed, Debt Financing | Software, Biotechnology, SaaS | $53k–$11M |
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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.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: Finland, Sweden, Norway
Investor stats
- Total investments: 59
- Round size: Seed $1M–$5.9M; Pre-Seed $439k–$2.1M; Series A $3.8M–$18M
- Lead/follow: 64% lead, 36% follow
Portfolio highlights
- Cellfion — Cellfion provides sustainable materials for next level clean energy storage and conversion devices.
- Kuva Space — Kuva Space improves life on Earth through daily, space-borne hyperspectral imaging and AI. We offer Earth observation solutions for more sustainable business.
- Sofi Filtration — Innovation in Industrial Liquid Filtration
We are investing in #FutureFood. Nordic FoodTech VC is the first fund in the Nordics investing explicitly in the future of food
Show more...Investment focus
- Industry: Biotechnology, Food and Beverage, Life Science
- Stage:Seed, Series A, Pre-Seed
- Geography: Finland, Denmark, Sweden
Investor stats
- Total investments: 27
- Round size: Seed $549k–$5.5M; Pre-Seed $1M–$1.9M; Series A $7.4M–$18M
- Lead/follow: 52% lead, 48% follow
- Last fund: Likely still investing — raised $49M in 2021
Portfolio highlights
- Fiberdom — Fiberdom develops sustainable materials from wood fibers, focusing on plastic-free solutions. The company offers a range of compostable cutlery designed for food service and take-away applications. These products are fully recyclable and comply with European regulations, making them suitable for environmentally conscious consumers. Fiberdomemphasizes innovation in transforming wood fibers into high-performance materials, contributing to sustainability efforts in various industries. The commitment to creating eco-friendly alternatives positions Fiberdom as a key player in the materials innovation sector.
- PaRAS Aqua — Hybrid Flow-through System | Our Precision Hybrid Flow-through System - an affordable option for environmentally friendly fish farming >>
- Endless Food — Endless Food Co is a food innovation firm focusing on the junction of pleasure and sustainability. Endless Food Co was pulled together by a common idea that the transition to a greener and more egalitarian future food system will be driven by flavor, and having spent the last decade pioneering sustainable gastronomy
Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.
Show more...Investment focus
- Industry: Software, Information Technology, Health Care
- Stage:Seed, Series A, Series B
- Geography: Finland, Sweden, United States
Investor stats
- Total investments: 165
- Round size: Seed $549k–$6M; Series A $1.3M–$17M; Series B $1.3M–$23M
- Lead/follow: 46% lead, 54% follow
- Last fund: Likely still investing — raised $169M in 2022
Portfolio highlights
- Finch — Optimize building design with AI and graph technology. Get immediate feedback on performance, detect errors and find optimal solutions.
- Reveel — Say goodbye to paper maps, brochures, and outdated audio guides. Reveel offers digital solutions for destinations such as UNESCO sites, sights, museums, cities, hotels and parks, taking the visitor experience to the next level. Become part of the smart destination movement, enhance the visitor experience, and discover the future of travel.
- ONEiO — ONEiO is a cloud-native integration service provider connecting people, processes, and tools – enabling seamless collaboration without traditional integration hassle. Provided as a turn-key solution, as self-service, or something in between. You choose.
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.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Pre-Seed, Seed, Series A
- Geography: Finland, Estonia, Sweden
Investor stats
- Total investments: 122
- Round size: Seed $384k–$5.2M; Pre-Seed $106k–$1.3M; Series A $3.1M–$25M
- Lead/follow: 54% lead, 46% follow
- Last fund: May invest from a new fund soon — raised $22M in 2021
Portfolio highlights
- Cytely — Transforms microscopy from image-driven to data-driven through AI-powered autonomous targeting that captures high-resolution data of critical cellular events, enabling researchers to solve complex biological problems in minutes instead of years.
- ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
- NROC Security — Prevent data leaks, govern shadow AI, prove compliance, and save 50% on GenAI subscriptions
The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Energy
- Stage:Debt Financing, Post-IPO Debt
- Geography: Germany, France, The Netherlands
Investor stats
- Total investments: 247
- Lead/follow: no public data
Portfolio highlights
- Amadix — Amadix develops and commercializes breakthrough discoveries in cancer diagnosis with a clear commercial rationale, addressing unmet medical needs in oncology. After analytical validation and demonstration of clinical validity and utility through international multicentre studies, the products will be commercialized worldwide.The most advancedproduct developed by Amadix is Colofast, an innovative non-invasive screening signature for colorectal cancer (CRC) and advanced adenoma diagnosis in blood designed to solve a significant health priority: the high mortality rate due to colon cancer worldwide (around half of the diagnosed patients).Amadix team consist of industry veterans with robust expertise in the Oncology Diagnostic area. They are a top level management team with international experience in cancer diagnostics, the pharmaceutical industry, the biotechnology sector and intellectual property. Amadix also has independent board members with international profiles and many years of experience in oncology and diagnostics, who advise the management team on strategy, commercialization and business development in Europe and the US.
- Greenlight Biosciences — Next Generation Crop Protection
- Azienda Comprensoriale Acquedottistica — ACA Spa is an integrated water service company.
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
Show more...Investment focus
- Industry: Software, Manufacturing, Health Care
- Stage:Series A, Series B
- Geography: Finland, United States, Switzerland
Investor stats
- Total investments: 142
- Round size: Series A $2.2M–$41M; Series B $3.1M–$35M
- Lead/follow: 16% lead, 84% follow
Portfolio highlights
- Wirepas — Wirepas offers a standards-based, ultra-reliable mesh connectivity for infrastructure-grade IoT. Proven in millions of devices worldwide.
- Kide Science — Kide Science supports young children's scientific thinking through play-based learning, which predicts better learning outcomes in school.
- MaaS Global — Whim combines all the transportation you need: Public transport, shared cars, bikes, e-scooters, taxis, and more! One app to plan, book, and pay.
Backing category-defining companies from inception to IPO.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, United Kingdom, Brazil
Investor stats
- Total investments: 178
- Round size: Seed $100k–$10M; Pre-Seed $50k–$5.5M; Series A $75k–$50M
- Lead/follow: 2% lead, 98% follow
Portfolio highlights
- Kled AI — Meet Nitrility, The World's First Intellectual Property Marketplace.
- Chain — Chain is a pop-up restaurant that accepts deliveries and offers popular chain restaurant dishes.
- CircleLink Health — CircleLink Health offers telephone nursing for chronic care management and behavioral health integration. It allows providers to improve health and earn new medicare payments up to $60K/year per doctor. CircleLink makes it easy by handling patient targeting, enrollment, and integration with various EHRs so doctors can stay on one system.CircleLink uses 100% registered nurses for meaningful remote patient engagement on physicians' behalf.
We are an independent Venture Capitalfirm supporting visionary entrepreneurs toreinvent industries through technology.
Show more...Investment focus
- Industry: Software, Information Technology, FinTech
- Stage:Series A, Seed
- Geography: Italy, United States, United Kingdom
Investor stats
- Total investments: 80
- Round size: Seed $274k–$10M; Series A $3.3M–$18M
- Lead/follow: 55% lead, 45% follow
- Last fund: Likely still investing — raised $176M in 2023
Portfolio highlights
- Akamas — Akamas uses advanced application-aware AI to optimize performance, reduce cloud costs, and ensure reliability
- Wallife — Wallife is an InsurTech company that helps in eliminating improper use of biometric data. The company protects against new risks originating from technological and scientific progress in the areas of genetics, biometrics, and biohacking. Wallife was founded in 2020 and is headquartered in Roma, Lazio, Italy.
- Everli — Scegli il supermercato, fai la spesa online e ricevila a casa all'ora che preferisci. Risparmia tempo ed evita code e borse pesanti con Everli.
The CDP Group is a joint-stock company that supports economic development through financing and investment. It provides funding for public infrastructure, businesses, and strategic projects in key sectors such as energy, transportation, and digital innovation. CDP also invests in venture capital, private equity, and sustainable initiatives tofoster long-term growth. The institution works with governments, financial entities, and enterprises to promote economic stability and innovation.
Show more...Investment focus
- Industry: Energy, Manufacturing, CleanTech
- Stage:Debt Financing, Post-IPO Debt, Pre-Seed
- Geography: Italy, Turkey, Spain
Investor stats
- Total investments: 57
- Round size: Pre-Seed $71k–$439k; Post-IPO Debt $12M–$437M; Debt Financing $5.9M–$368M
- Lead/follow: 49% lead, 51% follow
- Last fund: Likely actively investing — fund raised in 2024
Portfolio highlights
- Gruppo Di Martino — Gruppo Di Martino is an Italian logistics and transportation company
- EuroGroup Laminations — We develop and produce stators and rotors solutions for the energy transition, guaranteeing maximum efficiency and sustainability on a global scale.
- Aviapartner Handling SpA — Aviapartner Handling is the European provider of airport ground handling services. Aviapartner Handling is the subsidiary of Aviapartner.
We fund futurebreakthroughs
Show more...Investment focus
- Industry: Health Care, Biotechnology, Apps
- Stage:Seed, Series A, Pre-Seed
- Geography: Finland, Sweden
Investor stats
- Total investments: 16
- Round size: Seed $1.2M–$8.3M; Pre-Seed $330k–$4.4M; Series A $8.4M–$45M
- Lead/follow: 19% lead, 81% follow
Portfolio highlights
- AlixLabs — AlixLabs is a Swedish semiconductor startup, founded in 2019.
- Cronvall —
- Freepress.ai — Freepress operates with an AI-driven virtual news editor that analyzes hundreds of thousands of publicly available and licensed articles from different countries.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services.
Show more...Investment focus
- Industry: Software, Health Care, Information Technology
- Stage:Seed, Pre-Seed
- Geography: Finland, Denmark, Sweden
Investor stats
- Total investments: 79
- Round size: Seed $507k–$4.5M; Pre-Seed $163k–$2M
- Lead/follow: 61% lead, 39% follow
- Last fund: May invest from a new fund soon — raised $35M in 2020
Portfolio highlights
- Innomost — Innomost develops and produces high-value bioactive ingredients from forest industry side streams that enable customers to make innovations in the cosmetic beauty industry. Its current product portfolio consists of birch charcoal powder, birch bark powder, betulin, suberin, and azelaic acid, which can trigger innovation in all cosmetic productcategories including skincare, haircare, body care, decorative cosmetics, and oral care.
- Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.
- Teitur Trophics — Teitur Trophics is a biotech company developing circular peptides for neurodegenerative diseases. The company was founded in 2020 and is headquartered in Aarhus, Denmark.
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.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Energy
- Stage:Series A, Seed
- Geography: Finland
Investor stats
- Total investments: 23
- Round size: Seed $1.5M–$7.6M; Series A $3.6M–$53M
- Lead/follow: 74% lead, 26% follow
Portfolio highlights
- ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
- MedicubeX — MedicubeX aims to revolutionize preventive healthcare by building a network of autonomous self-measurement and telehealth eHealth Stations. We are the most advanced health kiosk and the first one in the Nordics. The eHealth Station offers regular clinical-grade medical check-ups for everyone regardless of location.
- CurifyLabs — CurifyLabs enables 3D printed personalized medicines in pharmacies and hospitals. Always close to the patient.
Advent Life Sciences is a venture team investing in life sciences businesses. The team consists of 11 professionals with extensive scientific, medical and operational experience, and a long-standing track record of entrepreneurial and investment success across the UK, Europe and the US. The Firm invests in a range of sectors within life sciences,principally in new drug discovery, enabling technologies, and med tech. Realizations in the last three years include Algeta, Avila, CN Creative, EUSA, Micromet. Current investments include Acutus, Biocartis, Cellnovo, f2G, NeRRe,
Show more...Investment focus
- Industry: Biotechnology, Health Care, Medical
- Stage:Series A, Series B
- Geography: United States, United Kingdom, France
Investor stats
- Total investments: 65
- Round size: Series A $5.5M–$53M; Series B $21M–$75M
- Lead/follow: 38% lead, 62% follow
- Last fund: May invest from a new fund soon — last raise in 2021
Portfolio highlights
- MiroBio — MiroBio's platform is based on ground-breaking research by their scientific founders at the University of Oxford delineating how immune cells communicate and how they are activated. These insights have enabled MiroBio to create antibodies that can leverage natural signalling mechanisms to restore immune system balance and control.
- Acutus Medical — Acutus Medical develops medical technologies to treat complex cardiac arrhythmia. The company's platform displays the heart’s true activation pattern, turning the chaos of a complex arrhythmia into a clear vision for electrophysiologists.Acutus Medical is a privately funded company founded in 2011 and based in Carlsbad, California. Itsproducts are co-developed in the U.S. and Europe with an exceptional team of medical scientists, biomedical engineers, and other professionals.It was founded in 2011 and headquartered in Carlsbad, California.
- Beacon Therapeutics — Beacon aids in restoring and improving the vision of patients with ophthalmic gene therapy. Find out more.
Founded in 2001, Tiger Global Management, LLC (“Tiger Global”) is a New York-based investment firm pursuing a long-term approach to investing in leading, global public and private companies that leverage technological innovation. Tiger Global’s public equity business includes fundamentally oriented long/short, long-focused and crossoverstrategies, targeting investments in high-quality, public growth companies. The private equity business invests in early through late stage companies that pursue innovative approaches to new and existing industries, building on over 20 years of experience investing in hundreds of businesses in more than 30 countries with more than 90 portfolio company IPOs. With a strong track record investing across sectors and stages, Tiger Global aims to be a thought partner to companies and their management teams across their lifecycle in public and private markets. The Firm’s mission is to generate world-class returns for its investors and to do so in a way that makes its employees, partners and portfolio companies proud.
Show more...Investment focus
- Industry: Software, FinTech, Financial Services
- Stage:Series B, Series A, Series C
- Geography: United States, India, China
Investor stats
- Total investments: 881
- Round size: Series A $8M–$50M; Series B $17M–$130M; Series C $26M–$260M
- Lead/follow: 57% lead, 43% follow
- Last fund: Likely still investing — raised $2.2B in 2024
Portfolio highlights
- Progcap — Progcap is revolutionising the way financial access is delivered to underserved segments of the Indian retail economy, through specialized financing and technology products that empower small and medium businesses (SMBs) to progress without obstacles.
- Regrello — Regrello is an AI-powered platform designed to revolutionize supply chain and manufacturing operations. Traditional supply chains often rely on outdated methods like email and legacy enterprise resource planning (ERP) systems, leading to inefficiencies and communication challenges. Regrello addresses these issues by offering intelligent verticalsolutions that streamline processes, centralize data, and enhance collaboration among internal and external teams. The platform's advanced AI capabilities enable rapid customization, allowing businesses to tailor solutions in hours rather than months. By automating workflows, Regrello reduces manual tasks by up to 45% and accelerates cycle times by 35%, resulting in increased productivity and cost savings. Trusted by over 150 leading manufacturing companies, including industry giants like Dell, Regrello provides enterprise-grade security and compliance, ensuring data integrity and protection. The platform's user-friendly interface facilitates seamless integration with existing systems, promoting efficient communication and data sharing across the supply chain. With a commitment to innovation and excellence, Regrello empowers businesses to optimize their operations, improve quality, and gain a competitive edge in the manufacturing sector.Regrello Corp. was founded in December - 2020 and Headquartered in San Francisco, California.
- Avicena Tech — It has been known for decades that optical interconnects have the potential to provide significant benefits even at lengths down to 1 millimeter and below. Silicon photonics, plasmonics, and other high-volume commercial technologies have reached a tipping point where they can be used to address critical chip-to-chip interconnect needs.Avicena’sultra-dense, low-latency, low-cost, low-power optical interconnects revolutionize inter-chip communications and vastly improve the performance of systems that are hampered by legacy chip-to-chip interconnects.
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?
Show more...Investment focus
- Industry: Manufacturing, Biotechnology, 3D Technology
- Stage:Seed, Series A
- Geography: Finland
Investor stats
- Total investments: 21
- Lead/follow: no public data
Portfolio highlights
- Dispelix — See-through, full color waveguide combiners for a wide range of XR applications. From near-eye to head-up.
- Quanturi Oy — Quanturi's robust wireless temperature monitoring systems are specifically designed for monitoring hay, compost, grain and many other fermentable materials during storage. Our systems decrease fire risks and ensure quality certification.
- Solar Foods — The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent onagriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.
We are Valio Group: the most innovative dairy and food company in the world.
Show more...Investment focus
- Industry: Life Science, Biotechnology
- Stage:Series A, Series B
- Geography: Sweden, Finland
Investor stats
- Total investments: 3
- Round size: Series A $8.5M–$12M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Enifer — Enifer Bio is an expert at squeezing every last drop of value from biorefining operations. The solution is built on decades of Finnish expertise to allow the production of valuable protein-rich feed from streams previously considered worthless. The company has developed a new, sustainable production process for high-quality fish feed raw material.The company's method enables the efficient production of a single cell protein from fish by-products as a raw material for fish feed. The protein can replace soy, which is commonly used in fish feed and whose cultivation poses ecological challenges, such as deforestation in South America.
- Melt&Marble — Melt&Marble, formerly known as Biopetrolia, was founded patent holding firm for co-founder Professor Jens Nielsen’s research group.
Learn about the approach the Novartis Venture Fund takes to investing in innovative life science companies developing biotechnology and biopharmaceutical therapeutics that address unmet patient needs.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Therapeutics
- Stage:Series B, Series A, Series C
- Geography: United States, Switzerland, United Kingdom
Investor stats
- Total investments: 213
- Round size: Series A $5.1M–$81M; Series B $11M–$120M; Series C $9M–$75M
- Lead/follow: 25% lead, 75% follow
- Last fund: May invest from a new fund soon — raised $200M in 2009
Portfolio highlights
- Splice Bio — Splice Bio is a gene therapy company based on technology developed in the Muir Lab at Princeton University. The company is developing novel gene therapies based on its proprietary intein platform technology to treat patients that suffer from incurable genetic diseases. The company’s platform has the potential to address two existing limitations ofadeno-associated viruses (AAVs), both by increasing the size of the cargo gene that can be delivered and by expanding the range of tissues that can be targeted.
- Bionano Genomics — Discover how Bionano is striving to elevate health and wellness for all through optical genome mapping (OGM) solutions that transform the way the world sees the genome.
- LOQUS23 THERAPEUTICS — LoQus23 is a DDF-formed company focussing on targeting DNA damage repair pathways to treat Huntington’s disease and other triplet repeat diseases.
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.
Show more...Investment focus
- Industry: Software, Health Care, E-Commerce
- Stage:Seed, Series A
- Geography: Finland, United States, United Kingdom
Investor stats
- Total investments: 179
- Round size: Seed $547k–$5.4M; Series A $2.7M–$20M
- Lead/follow: 39% lead, 61% follow
- Last fund: Likely still investing — raised $171M in 2023
Portfolio highlights
- Realm — Realm is a search engine for the workplace reimagined with AI. Designed to help fast-moving teams better leverage their collective knowledge.
- Thor Dynamics — Headquartered in Orlando, Florida, with a European base in Finland, Thor Dynamics specializes in directed energy systems for defense against drones and drone swarms. The company’s innovative solutions are available worldwide to protect critical infrastructure and enhance national security. Laser Armor™ is a complete directed energy counter-dronesolution. Utilizing advanced radar and optical systems it can detect, track, and target hostile targets. High-power directed energy from Thor’s Laser Engines then eliminates the threat in seconds. Multiple safety systems ensure accurate target identification and minimal collateral damage.
- Everywear Games — Metacore is a wearable game studio. The company was founded in 2014 by industry veterans from Remedy, Digital Chocolate and Rovio and it is the pioneer of smartwatch gaming. It’s award-winning Apple Watch launch title, Runeblade, has received worldwide recognition from press, fans and industry heavyweights and it’s games are consistently on top ofglobal charts.
Takoa Invest is a Finnish family-owned investment company that owns and develops companies and properties with growth potential in Finland and abroad. Takoa Invest is a Finnish family-owned investment company. It owns and develops companies and properties with growth potential in Finland and abroad.
Show more...Investment focus
- Industry: Biotechnology, Mobile, Retail
- Stage:Seed, Series B, Series C
- Geography: Finland, Israel
Investor stats
- Total investments: 4
- Round size: Seed $483k–$1.3M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Theranica — Theranica is a medical device company that has combined neuromodulation therapy with modern wireless technology to develop proprietary wearable solutions that address various medical conditions and disease states. The noninvasive and therapeutic 'smart' patches are controlled by a smartphone app to allow for personalized, portable, andaffordable care. The patch consists of a proprietary 'smart' chip that delivers electrical pulses to neuro-modulate the sensory nerves under the skin. The first application of the technology is for treatment of migraine headaches.
- Finnadvance — Finnadvance is an Organ-On-Chip company developing high throughput biological barriers on chips to mimic human biology such as vascular, lung and the Blood-Brain-Barriers for small molecule, micro-nano-formulation permeability and toxicity testing with in-vivo like dynamic cell cultures.
- IndoorAtlas — Discover the power of indoor positioning technology with IndoorAtlas. Build innovative indoor location-based solutions using our cross-platform SDK. Explore case studies and start developing today.
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.
Show more...Investment focus
- Industry: Software, Internet, Information Technology
- Stage:Seed, Pre-Seed
- Geography: Finland, Sweden, Germany
Investor stats
- Total investments: 36
- Round size: Seed $329k–$2.1M; Pre-Seed $165k–$1.6M
- Lead/follow: 11% lead, 89% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- CRACI — CRACI is a platform that automates EU Cyber Resilience Act compliance for product and service companies. It also secures software supply chains against attacks and vulnerabilities.
- CYBRET AI — CYBRET AI is an AI security research and development lab that develops autonomous security solutions with humans in and not in the loop.
- Newly — Newly is the easiest way to build and ship cross-platform mobile apps — no senior engineering team required.Our mission is to empower a new generation of builders to launch high-quality native mobile apps without getting blocked by code, complexity, or cost.We’re building the first truly accessible mobile app development tool — combining thespeed of no-code with the power of real code when you need it — and opening the door for the estimated 99.5% of people who currently can’t build mobile apps on their own.Newly is used by early-stage founders, junior developers, designers, and product teams who want to ship faster and smarter.
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Browse database — It's Free!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.
Show more...Investment focus
- Industry: Software, Health Care, Information Technology
- Stage:Seed, Series A
- Geography: Finland, United States, Chile
Investor stats
- Total investments: 94
- Round size: Seed $250k–$2.3M; Series A $1.7M–$22M
- Lead/follow: 15% lead, 85% follow
Portfolio highlights
- ARAUCO — ARAUCO is a diversified global company in the forestry industry. They use world-class technologies and processes throughout the value chain. They are present in the forestry, pulp, timber, panels and renewable energy businesses.
- Volare — Refining food industry side streams into sustainable protein, oil and fertilizers.
- CHAOS — CHAOS is an urban forecasting company for real estate investors and city developers. Our AI platform processes urban data and crowd insights to forecast investment and development for creating liveable cities.
The Climate Fund focuses on combating climate change, boosting low-carbon industry and promoting digitalisation.
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- Industry: Energy, Renewable Energy, Manufacturing
- Stage:Debt Financing, Series A
- Geography: Finland
Investor stats
- Total investments: 20
- Round size: Debt Financing $2.6M–$14M
- Lead/follow: 40% lead, 60% follow
Portfolio highlights
- AISTI — AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free – bringing sustainability to construction tile by tile.
- Enifer — Enifer Bio is an expert at squeezing every last drop of value from biorefining operations. The solution is built on decades of Finnish expertise to allow the production of valuable protein-rich feed from streams previously considered worthless. The company has developed a new, sustainable production process for high-quality fish feed raw material.The company's method enables the efficient production of a single cell protein from fish by-products as a raw material for fish feed. The protein can replace soy, which is commonly used in fish feed and whose cultivation poses ecological challenges, such as deforestation in South America.
- Volare — Refining food industry side streams into sustainable protein, oil and fertilizers.
Thames Trust
Show more...Investment focus
- Industry: SaaS, FinTech, Finance
- Stage:Seed, Series A, Series B
- Geography: United Kingdom, Finland
Investor stats
- Total investments: 3
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- STEM — For makers, learners, and players. Creative computing projects, stories, and more.
- Algorithmiq — Algorithmiq utilizes its expertise in quantum information, complex systems, and computational physics to develop algorithms to develop new and effective drugs, solve problems in life sciences, and discover new materials.
- ABAKA Holdings — Fintilect delivers hyper-personalized digital banking solutions to financial institutions, empowering them to adapt, respond and prosper. Find out more.
Athensmed Oy
Show more...Investment focus
- Industry: Health Care, Medical, mHealth
- Stage:Seed, Series A
- Geography: Finland
Investor stats
- Total investments: 4
- Round size: Seed $1.1M–$1.3M
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- VideoVisit — VideoVisit is a Nordic health technology company, developing digital solutions for home care and healthcare sectors. They make healthcare available to everyone, anywhere and anytime, and strive to provide solutions that help people live independently at home for as long as possible. They collaborate with healthcare specialists to ensure that oursolutions are available to everyone.
- Finnadvance — Finnadvance is an Organ-On-Chip company developing high throughput biological barriers on chips to mimic human biology such as vascular, lung and the Blood-Brain-Barriers for small molecule, micro-nano-formulation permeability and toxicity testing with in-vivo like dynamic cell cultures.
- Moncyte Health — Unique technology and novel data for personalized and optimal treatment of high cholesterol
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.
Show more...Investment focus
- Industry: Software, Biotechnology, SaaS
- Stage:Grant, Seed, Debt Financing
- Geography: Finland, United States, United Kingdom
Investor stats
- Total investments: 196
- Round size: Seed $297k–$3.5M; Grant $53k–$11M; Debt Financing $241k–$5.8M
- Lead/follow: 41% lead, 59% follow
- Last fund: May invest from a new fund soon — last raise in 2017
Portfolio highlights
- Agileday — Connect your business elements in one tool and manage your entire operations with Agileday. Match sales, projects, and talent together and optimize your business.
- Marginum — Pioneering the next-generation quantitative surgical techniques.
- Valio — We are Valio Group: the most innovative dairy and food company in the world.
Life Science VC funding in Finland at a glance
Stats across 27 deals from 34 investors.
Access all 34 VC funds in Finland Life Science startups.
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