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Top 50 Manufacturing Startup Investors in Finland (June 2026)

The most active venture capital funds and angel investors investing in Finland Manufacturing startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Manufacturing startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Tesi
VC Fund
17 Finland, United States, Switzerland Series A, Series B Software, Manufacturing, Health Care $2.2M–$41M
Butterfly Ventures
VC Fund
12 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $110k–$4.4M
Finnvera Venture Capital
VC Fund
11 Finland, United States, Switzerland Seed, Series A Software, Health Care, Information Technology $250k–$22M
Inventure
VC Fund
10 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Health Care $549k–$23M
Lifeline Ventures
VC Fund
10 Finland, United States, United Kingdom Seed, Series A Software, Health Care, E-Commerce $547k–$20M
Business Finland
VC Fund
8 Finland, United States, United Kingdom Seed, Grant, Debt Financing Software, SaaS, Biotechnology $48k–$11M
Redstone.VC
VC Fund
7 Germany, Finland, Switzerland Seed, Series A, Pre-Seed Software, Information Technology, Health Care $505k–$16M
Innovestor
VC Fund
5 Finland, Denmark, Sweden Seed, Pre-Seed Software, Health Care, Information Technology $163k–$4.1M
Visionplus
VC Fund
4 Finland, United States, United Kingdom Seed, Series A Software, Information Technology, Internet $77k–$14M
VTT Ventures
VC Fund
4 Finland Seed, Series A Biotechnology, Manufacturing, Sensor $460k–$13M
VNT Management
VC Fund
4 Finland, Germany Series B, Seed Manufacturing, Electronics, Information Technology $3.3M–$4.4M
Ali Omar
Angel
4 Finland, United States, Estonia Seed, Pre-Seed, Angel Software, SaaS, Artificial Intelligence $53k–$2.1M
Leena Niemistö
Angel
3 Finland, United States Seed, Pre-Seed Health Care, Software, E-Commerce $480k–$3.2M
Ventech
VC Fund
3 France, Germany, United States Series A, Series B, Seed Software, E-Commerce, Internet $1.2M–$69M
LähiTapiola
VC Fund
2 Finland Debt Financing, Seed Manufacturing, Apps, EdTech $5.4M–$16M
Nidoco
VC Fund
2 Finland, Sweden, Estonia Seed, Series B Health Care, Software, Artificial Intelligence
UB FIGG
VC Fund
2 Finland Series A Chemical, Forestry, Recycling $26M–$30M
VIA Equity
VC Fund
2 Finland, Denmark, Iceland Private Equity Software, Information Technology, Consulting
Maki.vc
VC Fund
2 Finland, Norway, Denmark Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $900k–$37M
Hannu Turunen
Angel
2 Finland, Sweden, United States Seed, Pre-Seed SaaS, Mobile, Delivery $1.7M–$2M
Stephen Industries
VC Fund
2 Finland, Sweden Seed, Pre-Seed, Series A Health Care, Biotechnology, Apps $330k–$45M
CapMan
VC Fund
2 Finland, Russian Federation, Sweden Private Equity, Series B Software, Information Technology, Manufacturing $2.1M–$100M
Halton Ventures
VC Fund
2 Finland Smart Building, Energy, GreenTech
Glyn Eggar
Angel
2 Finland Seed Gaming, Software, 3D Printing $132k–$1.1M
Veli-Pekka Saarnivaara
Angel
2 Finland Seed Gaming, Software, 3D Printing $132k–$1.1M
Voima Ventures
VC Fund
2 Finland, Sweden, Norway Seed, Pre-Seed, Series A Biotechnology, Health Care, Artificial Intelligence $439k–$18M
Innovations Kapital
VC Fund
2 Sweden, Denmark, United States Series B, Series C Biotechnology, Health Care, Software $5.5M–$30M
Metsa Spring
VC Fund
2 Finland, Sweden Seed, Series A GreenTech, Sustainability, Chemical $395k–$8.4M
Nordic Option
VC Fund
2 Finland Seed, Series C Software, Manufacturing, 3D Technology
LIFTT
VC Fund
2 Italy, United Kingdom, France Seed, Series A Software, Biotechnology, Manufacturing $329k–$21M
Renaldas Zioma
Angel
1 Finland, Ukraine, Lithuania Seed, Angel, Pre-Seed Artificial Intelligence, Manufacturing, Information Technology
Soren Jensen Radgivende Ingeniorfirma
VC Fund
1 Finland Energy, GreenTech, Smart Cities
Ilkka Hiidenheimo
Angel
1 Finland Pre-Seed Industrial, Manufacturing, Nanotechnology
Infosto
VC Fund
1 Finland Series A, Series B, Series C Sensor, Organic, Automotive
Aura Group
VC Fund
1 Australia, Finland, Singapore Series A, Seed Information Technology, Financial Services, Internet
Logispring
VC Fund
1 United States, Finland Series A, Series B, Series C Security, Supply Chain Management, iOS
PC Rettig & CO Impact
VC Fund
1 Finland Seed Mining, Robotics, 3D Printing
Lauri Rosendahl
Angel
1 Finland CleanTech, Advanced Materials, Packaging Services
Etera
VC Fund
1 Finland Robotics, Manufacturing, Internet of Things
Sinituote Oy
VC Fund
1 Finland Debt Financing Manufacturing, Electric Vehicle, Public Transportation
HTGF (High-Tech Gruenderfonds)
VC Fund
1 Germany, Switzerland, United States Seed, Series A Software, Biotechnology, Information Technology
ITOCHU International
VC Fund
1 Finland Series A Recycling, Manufacturing, Wood Processing
Vendep Capital
VC Fund
1 Finland, United States, Canada Seed, Series A SaaS, Software, Analytics
Ben Feder
Angel
1 Finland, United States, Singapore Seed, Series C Gaming, Shoes, Information Technology
Suffice International
VC Fund
1 Finland Debt Financing Electric Vehicle, Battery, Manufacturing
Aleksander Leonard Larsen
Angel
1 Norway, Singapore, Brazil Seed, Series A, Pre-Seed Gaming, Digital Entertainment, Blockchain
Building Ventures
VC Fund
1 United States, Finland Series A, Seed, Series B Software, Construction, Artificial Intelligence
Leaguer Venture Capital
VC Fund
1 China, United States, Finland Series A, Seed, Series B Manufacturing, Advanced Materials, Artificial Intelligence
Secto Design
VC Fund
1 Finland Seed Product Management, Paper Manufacturing
Übermorgen Ventures
VC Fund
1 Germany, Switzerland, Finland Seed, Pre-Seed Software, Energy, Renewable Energy
Access all 108 investors in Finland Manufacturing startups.

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

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Investor list

Tesi
VC Fund · Helsinki, Southern Finland, Finland · 17 investments in Finland Manufacturing startups

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

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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

  • ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
  • Wirepas — Wirepas offers a standards-based, ultra-reliable mesh connectivity for infrastructure-grade IoT. Proven in millions of devices worldwide.
  • 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.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 12 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 86
  • Round size: Seed $219k–$2.1M; Pre-Seed $110k–$4.4M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • 10Lines — Explore cutting-edge pavement marking robots for faster, autonomous striping and significant CO2 reduction. Contact us now!
  • CooliBlade — Superior power electronics cooling solutions for applications like solar and wind energy, energy storage, EV charging and telecommunications.
  • Popit — Popit makes medication connected with a unique, medical grade solution. It tracks medication use automatically and reminds ONLY if you miss. Developed together with healthcare professionals.
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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 11 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Series A
  • Geography: Finland, United States, Switzerland

Investor stats

  • Total investments: 92
  • Round size: Seed $250k–$1.5M; Series A $1.7M–$22M
  • Lead/follow: 15% lead, 85% 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.
  • 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.
  • Nexstim — Nexstim is a medical device company that specializes in image-guided transcranial magnetic stimulation. The company is committed to improving the quality of life of patients with significant unmet clinical needs. It has developed a SmartFocus TMS technology designed for the treatment of the major depressive disorder.The company was founded in2000 and is headquartered in Helsinki, Southern Finland.
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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 10 investments in Finland Manufacturing startups

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 164
  • 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

  • Omocom — Omocom offers safe, simple and secure insurance for all kind of renting, sharing and re-using, digitally, automated and integrated into the sales flow of the platform
  • Moncyte Health — Unique technology and novel data for personalized and optimal treatment of high cholesterol
  • Blueprint Genetics — We offer complete genetic testing and genetic diagnostics to medical professionals worldwide. Learn more about our winning clinical-grade NGS offering!
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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 10 investments in Finland Manufacturing startups

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.

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Investment focus

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

Investor stats

  • Total investments: 178
  • Round size: Seed $547k–$5.4M; Series A $2.7M–$20M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $171M in 2023

Portfolio highlights

  • ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
  • Carbo Culture — We are a project developer with proprietary climate technology. We are building a rapidly scalable biochar carbon removal solution.
  • 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.
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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 8 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Software, SaaS, Biotechnology
  • Stage:Seed, Grant, Debt Financing
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 181
  • Round size: Seed $127k–$4.2M; Grant $48k–$11M; Debt Financing $212k–$4.9M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • SSAB
  • Valio — We are Valio Group: the most innovative dairy and food company in the world.
  • Jaakko.com — Reinventing the housing market with no agents, more homes, and less fees.
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Redstone.VC
VC Fund · Berlin, Berlin, Germany · 7 investments in Finland Manufacturing startups

The Redstone team is an international and diverse group of serial entrepreneurs, investors, investment professionals, tech analysts and data scientists.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Finland, Switzerland

Investor stats

  • Total investments: 158
  • Round size: Seed $505k–$6.6M; Pre-Seed $1.3M–$3.1M; Series A $1.6M–$16M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $57M in 2023

Portfolio highlights

  • Kvantify — Quantum computing will revolutionize many aspects of computing. We can help your business harness the full potential of Quantum Computing and High-Performance Computing today.
  • ALLSIDES — Covision Media specializes in creating high-quality, relightable 3D models using their industrial 3D scanners. These scanners capture detailed surface information and PBR textures, and are designed for easy integration into virtual environments.
  • Wave Photonics — Wave Photonics is leading the revolution in rapid PIC design technology. We are enabling rapid, fabrication-tolerant photonic integrated circuit development for any wavelength or platform.
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 5 investments in Finland Manufacturing startups

Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Denmark, Sweden

Investor stats

  • Total investments: 74
  • Round size: Seed $507k–$4.1M; Pre-Seed $163k–$2M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • 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.
  • Neumirna Therapeutics — Founded in 2020, NEUmiRNA focuses on achieving transformative disease modification for neurological conditions.
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Visionplus
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Manufacturing startups

WE HELP YOU TO GROW FASTER!

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 74
  • Round size: Seed $77k–$1.3M; Series A $2M–$14M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Pebble — Pebble is a electric vehicle manufacturing startup.
  • Transfluent — Professional translations for all business needs. Fast. Easy.
  • BetterDoctor — Our provider network software solutions & services provide unmatched tools & insights for you. Discover how you can measure, manage, monitor & model.
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VTT Ventures
VC Fund · Espoo, Southern Finland, Finland · 4 investments in Finland Manufacturing startups

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?

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Investment focus

  • Industry: Biotechnology, Manufacturing, Sensor
  • Stage:Seed, Series A
  • Geography: Finland

Investor stats

  • Total investments: 24
  • Round size: Seed $460k–$6M; Series A $1.7M–$13M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Dispelix — See-through, full color waveguide combiners for a wide range of XR applications. From near-eye to head-up.
  • 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.
  • Infinited Fiber Company — Infinited Fiber Company is a Finnish biotech founded in 2016 to commercialize a breakthrough recycling technology that can turn cellulose-rich raw materials – like cotton-rich textile waste, used cardboard, or wheat or rice straw – into high-quality textile fibers with the look and feel of cotton. The patented technology has been validated byleading brands and is ready to be scaled. Infinited Fiber Company won the Europas 2020 Hottest Sustainability Tech Award, and was listed on the Global 50 to Watch by Cleantech Group in 2019. In 2016 Infinited Fiber Company was selected into WWF’s Climate Solver network. The company is headquartered in Espoo, Finland.
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Access 48,091 investors

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

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VNT Management
VC Fund · Vaasa, Western Finland, Finland · 4 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Manufacturing, Electronics, Information Technology
  • Stage:Series B, Seed
  • Geography: Finland, Germany

Investor stats

  • Total investments: 8
  • Round size: Series B $3.3M–$4.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Visedo — Danfoss Editron specializes in hybrid and electric powertrain systems for off-highway and marine markets.
  • WeSustain — WeSustain develops and sells web-based software for enterprise sustainability management. The company’s ESM software is a management support system that helps companies go green and manage products, processes, and technologies in an environment-friendly manner.WeSustain’s ESM software enables the clients to establish a software-supported ESMsolution, as well as manage, improve, and report their ESM performance on a global basis while mitigating sustainability risks. The company was founded in 2010 and is based in Buxtehude, Germany.
  • Cajo Technologies — Laser Marking - Cajo turnkey solutions for traceability & product markings. Easy to use & optimized for industrial production processes.
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Ali Omar
Angel · Helsinki, Southern Finland, Finland · 4 investments in Finland Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 62
  • Round size: Seed $263k–$2.1M; Angel $53k–$1.6M; Pre-Seed $163k–$724k
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • MÖ Foods — MÖ Kaurajogu is domestic, completely herbal and above all delicious. All our products are manufactured in Central Ostrobothnia, Lohtaja.
  • React & Share — High volume, high quality feedback directly from your customers. React & Share helps digital comms teams improve their websites and satisfy their customers.
  • Plain Complex — VUOROX IS AN AI-POWERED ROSTER SCHEDULING APP FOR HEALTHCARE
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Leena Niemistö
Angel · Helsinki, Southern Finland, Finland · 3 investments in Finland Manufacturing startups

Leena Niemistö

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Investment focus

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

Investor stats

  • Total investments: 18
  • Round size: Seed $480k–$3.2M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
  • Maire — Maire - AI co-pilot for industry leading B2C E-commerce brands. From Industry Trends to Market Research and Search Intent Analysis
  • 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.
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Ventech
VC Fund · Paris, Ile-de-France, France · 3 investments in Finland Manufacturing startups

On-the-ground expert investors in early-stage digital. Ready to meet you, wherever you are.

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Series A, Series B, Seed
  • Geography: France, Germany, United States

Investor stats

  • Total investments: 190
  • Round size: Seed $1.2M–$5.8M; Series A $3.8M–$18M; Series B $5.6M–$69M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Crobox — Crobox's next generation guided selling solution humanizes your product data and discovery experience with product finders and product data enrichment.
  • Antidot — Antidot is a software vendor that leverages 20 years of advanced research in semantic search and content enrichment to develop its content delivery platform (CDP). The company’s products multiply the value of content by delivering dynamic information in a personalized and contextualized form. Antidot helps more than 150 customers around the worldimprove their operational efficiency.
  • Custom Surgical — Custom Surgical is democratizing hardware and software to record microscope procedures easily and quickly without any professional engineer to attach or cables to share live.
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LähiTapiola
VC Fund · Espoo, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

LähiTapiola is based on mutual company form, a group of companies owned by its customers, serving the personal, farm, entrepreneurial.

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Investment focus

  • Industry: Manufacturing, Apps, EdTech
  • Stage:Debt Financing, Seed
  • Geography: Finland

Investor stats

  • Total investments: 6
  • Round size: Debt Financing $5.4M–$16M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Enfuce — Launch and scale payment card programmes faster with a platform built for compliance, flexibility, and growth. See how Enfuce helps fintechs and financial institutions go to market with confidence.
  • Steady Energy — Steady Energy aims to decarbonize the energy-intensive heating industry starting with residential and district heating.
  • Altum Technologies — Minimize production stops and expenses due to fouling and scaling. Discover Altum's ZPD ultrasound fouling mitigation solutions for zero process downtime.
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Nidoco
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Finland Manufacturing startups

Nidoco AB is a Swedish investment company whose strategy is to create long-term value through active ownership of public and private companies.

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Investment focus

  • Industry: Health Care, Software, Artificial Intelligence
  • Stage:Seed, Series B
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 21
  • Lead/follow: no public data

Portfolio highlights

  • Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
  • eMabler — We accelerate our customers' business growth by convenience in eMobility with our API-first platform
  • TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
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UB FIGG
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Chemical, Forestry, Recycling
  • Stage:Series A
  • Geography: Finland

Investor stats

  • Total investments: 4
  • Round size: Series A $26M–$30M
  • Lead/follow: 100% lead, 0% follow
  • Last fund: Likely still investing — raised $129M in 2023

Portfolio highlights

  • Notpla — We are a combination of designers and chemists, engineers and entrepreneurs. We’re hard to define because what we’re doing hasn’t been done before. We create advanced packaging solutions that disappear, naturally.
  • Paptic — Paptic is manufacturing company that revolutionizes environmental new material, wood-based renewable and recyclable products replacing paper and plastic. Paptic Ltd was April 2015. The company is based in Espoo, Finland and employs today 10 persons.
  • Nordtreat — Nordtreat is a producer of bio-based flame retardants for the global construction products industry. Nordtreat's NORFLAM® flame retardants for wood protect over 2000 buildings around the world.
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VIA Equity
VC Fund · Hellerup, Hovedstaden, Denmark · 2 investments in Finland Manufacturing startups

VIA equity is a leading Northern European Multi-stage private equity firm with an excellent track record of building and transforming their investments into national and international industry leaders. Their core investment focus is within a broad definition of the TMT/ICT and Services industries but they consider investments in a wide rangeof sectors.

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Investment focus

  • Industry: Software, Information Technology, Consulting
  • Stage:Private Equity
  • Geography: Finland, Denmark, Iceland

Investor stats

  • Total investments: 8
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Esmiley
  • Saarni Cloud — Saarni Cloud operates as a software group providing SaaS services in the field of HR. Its services cover work management, digital learning, financial management, and analytics.
  • All NRG Group
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, Norway, Denmark

Investor stats

  • Total investments: 92
  • Round size: Seed $900k–$8M; Pre-Seed $1.1M–$2.7M; Series A $3.3M–$37M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Yaak Technologies ApS — Safety in urban self-driving is currently an afterthought. At Yaak, we distill safety from driving experts for the next generation of human and autonomous driving.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
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Hannu Turunen
Angel · 2 investments in Finland Manufacturing startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
  • Cargofy — Cargofy it's a mobile assistant, kind of a "Siri" but for truck drivers. We help truckers access to high paying loads through our app, and receive discounts on fuel, maintenance, and truck parts.
  • Picosun — Picosun is the leading manufacturer of Atomic Layer Deposition (ALD) reactors for micro- and nanotechnology applications. Picosun provides the customers with versatile, reliable, and user-friendly ALD process tools, which offer world leading process quality and unique scalability from basic research to fully automated high throughput industrialproduction. Picosun is based in Espoo, Finland, its production facilities are located in Masala (Kirkkonummi), Finland, its US headquarters in Detroit, Michigan, and its Asian headquarters in Singapore. PICOSUN™ ALD process tools have been installed in various prominent industries and high-level reasearch organizations across Europe, USA, Asia and Australia. Picosun has world-wide sales and support network with distributors and representatives in over 30 countries.
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Stephen Industries
VC Fund · Espoo, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

We fund futurebreakthroughs

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Investment focus

  • Industry: Health Care, Biotechnology, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Sweden

Investor stats

  • Total investments: 13
  • Round size: Seed $1.4M–$8.3M; Pre-Seed $330k–$4.4M; Series A $8.4M–$45M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • StemSight — StemSight is a Finnish high-tech startup developing cell therapies for corneal blindness using human pluripotent stem cells.
  • HYPERMINE — Hypermine a novel laser-based mineralogy sensing technology to optimize resource recovery and reduce the negative environmental effects of mining.
  • TILT Biotherapeutics — TILT Biotherapeutics is the leading company globally working in the area of enabling tumor T-cell therapy with oncolytic viruses. TILT is a preclinical stage company working in the field of cancer immunotherapy and will soon translate its unique approach into clinical trials. The company’s patented technology involves utilization of oncolyticviruses for enhancement of tumor T-cell therapy. Initial embodiments of the technology will be used to enhance tumor infiltrating lymphocyte (TIL), chimeric antigen receptor (CAR-T) and checkpoint inhibiting antibody therapy. The TILT approach has the potential to achieve similar results in CAR-T therapy of solid tumors as currently achieved for CD19+ hematological tumors.
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CapMan
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Private Equity, Series B
  • Geography: Finland, Russian Federation, Sweden

Investor stats

  • Total investments: 59
  • Round size: Series B $2.1M–$14M; Private Equity $16M–$100M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $179M in 2019

Portfolio highlights

  • CSE Entertainment — WE BRING JOY AND MOVEMENT FOR MILLIONS OF PEOPLE AROUND THE WORLD. In our core is the idea of diversity and equality of physical activity and sport. We are changing eSport and Exergaming concepts, and in 2025 CSE will be the leading exergaming brand in the world. Our products and services are used widely in family entertainment, fitness,education, and rehabilitation.
  • Kuntokeskus Liikku — Kuntokeskus Liikku is a fitness club that provides multidisciplinary services like gym, aquatics, and sports training.
  • Suomen Avustajapalvelut
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Halton Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

Halton Ventures operates as a venture capital firm.

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Investment focus

  • Industry: Smart Building, Energy, GreenTech
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Smart Heating — Smart Heating focus on hybrid heating systems for real estates. Smart Heating implements energy-efficient heating solutions for more than 100 buildings.
  • Soletair Power — Soletair Power is a Finnish startup founded in 2016, operating in the fields of Direct Air Capture and power-to-X technology. The company captures CO2 from the air by retrofitting buildings' ventilation systems with carbon capture technology, resulting in low building emissions. Captured carbon dioxide can be mineralized into concrete, storedas pressurized gas or liquid, transported, and used as raw materials to produce synthetic products. In 2020, Wärtsilä, together with Soletair Power and Q-Power, created their first enclosed Power-to-X unit in the world which can produce synthetic methane from air-captured CO2 straight from the Finland pavilion in Expo 2020 Dubai, United Arab Emirates. The company has delivered multiple carbon dioxide capturing units since then to Germany, Finland, and Denmark.
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Glyn Eggar
Angel · 2 investments in Finland Manufacturing startups

Glyn Eggar

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Investment focus

  • Industry: Gaming, Software, 3D Printing
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Round size: Seed $132k–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 3DBear — 3DBear combines immersive technologies and education for the best learning results Augmented reality (AR), Virtual Reality (VR), 360-photos & 3D printing.
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Veli-Pekka Saarnivaara
Angel · 2 investments in Finland Manufacturing startups

Veli-Pekka Saarnivaara

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Investment focus

  • Industry: Gaming, Software, 3D Printing
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Round size: Seed $132k–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 3DBear — 3DBear combines immersive technologies and education for the best learning results Augmented reality (AR), Virtual Reality (VR), 360-photos & 3D printing.
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Voima Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

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.

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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–$5.5M; Pre-Seed $439k–$2.1M; Series A $3.8M–$18M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • MVision AI — AI-powered solutions that automate repetitive tasks, enable efficient radiotherapy workflows, and promote consistency across clinical processes.
  • Quantrol Ox — Building Machine Learning Based Software for Quantum Control with a goal to maximise quantum computer uptime.
  • Adamant Health — Adamant Health’s unique technology to analyse Parkinson’s disease symptoms is based on over 15 years of academic research at the University of Eastern Finland. With the technology, clinicians have several days detailed visibility to the patient’s symptoms and is able to optimise the treatment accordingly. Pharma companies benefit from the objectiveand long-term RW data in their clinical and post market studies and can utilise it as complementary diagnostics tool for personalised medication.
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Innovations Kapital
VC Fund · Göteborg, Vastra Gotaland, Sweden · 2 investments in Finland Manufacturing startups

InnovationsKapital was founded in 1994 and is a leading independent venture capital firm for innovative growth companies in the Nordic region. The business, carried out from offices in and Stockholm, Gothenburg and New York, is focused on investments within ICT and Healthcare & Life Sciences, dynamic sectors that are rapidly expanding and whereNordic research plays an important role. The capital is provided by highly reputable Swedish and international institutional investors.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series B, Series C
  • Geography: Sweden, Denmark, United States

Investor stats

  • Total investments: 19
  • Round size: Series B $5.6M–$30M; Series C $5.5M–$15M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Silecs — PiBond manufactures materials used in electronic devices, including patterning materials for semiconductors and optical materials. We also develop complete solutions that allow our clients to focus on creating innovative products.
  • SantoSolve — SantoSolve is developing topical analgesic products based on non-radioactive strontium as the active substance. The Development program was initiated based on experimental clinical use of strontium-based products showing evidence of strong local analgesic effects on several localized pain conditions of both nociceptive and neuropatic origin. Nosignificant adverse effects associated with the treatment was reported.The company’s lead product, 2PX, is topically administered, utilizing dermal penetration enhancers for delivery of the active agent to its subdermal site of action. Phase I safety and pharmacology studies showed the active agent to have low systemic bioavailability, and only few and minor adverse effects were observed at the site of administration. In open label Phase II clinical trials, the product has shown strong analgesic effect in both nociceptive and neuropatic pain conditions. In follow up, placebo controlled trials, the analgesic effect of the product has been further documented. In the company’s most advanced pain indication under study, osteoarthritis, the company has recently completed the Phase II program.These trials supports the open label results and document statistically that the analgesic effect in patients treated with 2PX is superior to that observed with placebo treatment.
  • Action Pharma — Providing a surprisingly human shopping experience. Trusted and secure. Millions of domains to choose from.
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Metsa Spring
VC Fund · Espoo, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

We boldly invest in and support promising startups and potential innovations that explore new uses for sustainably-grown Nordic wood.

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Investment focus

  • Industry: GreenTech, Sustainability, Chemical
  • Stage:Seed, Series A
  • Geography: Finland, Sweden

Investor stats

  • Total investments: 12
  • Round size: Seed $395k–$5.3M; Series A $4.4M–$8.4M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Adsorbi — Adsorbi use cellulose from the Nordic forest to help air purification companies to capture gaseous air pollutants.
  • FineCell — FineCell is a sustainable cellulose microfibers provider that enables manufacturers to make new products with reduced carbon footprints and differentiated properties.The company's cellulose microfibers possess physical and chemical properties that differ from competing products and provide differentiated benefits for the users. It has beensupported by Vinnova (Sweden’s innovation agency) and EIT InnoEnergy.The Linköping, Ostergotlands Lan-based company was established in 2015 by Jonatan Henschen, Jonas Engstrand, Monica Ek, and Kloce Dongfang Li.
  • Woodio — Woodio is a digital designing agency.
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Nordic Option
VC Fund · Oulu, Oulu, Finland · 2 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Software, Manufacturing, 3D Technology
  • Stage:Seed, Series C
  • Geography: Finland

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Haltian — We solve the challenges of a sustainable future, one IoT innovation at a time
  • SensorFu — SensorFu detects new network leak paths before they are exploited. If you're required to operate isolated networking environments, SensorFu helps you to anwer question: is my network isolation working as intended? Leaks from isolated network segments can be a result of human error or malice, and they may violate security policies orcontractual obligations. SensorFu automates previously manual audit checks, and it empowers IT- and IT security ops to ensure continuous network, and network segment isolation that meets their mission specific policies and regulatory requirements. SensorFu Beacon is available as virtual appliance, software application and as hardware appliance.
  • Brightplus — Brightplus is an innovative renewable materials manufacturing company from Finland. We specialise in design and development of new functional properties for industrial biomaterial solutions. We cater for industries like packaging, construction, cosmetics and consumer goods. Our expertise is based on developing solutions to multiple industries andproviding fast prototyping and full fit for customers’ production lines. Our deep chemical BrightBio® technology creates an optimal fit between coatings, barriers and plastic replacing materials to help you in raising your material functionality to the next level.
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LIFTT
VC Fund · Turin, Piemonte, Italy · 2 investments in Finland Manufacturing startups

A not-only-profit operating investment company, eager to create a bridge between innovative ideas, territory and capital.

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Investment focus

  • Industry: Software, Biotechnology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Italy, United Kingdom, France

Investor stats

  • Total investments: 69
  • Round size: Seed $329k–$4.7M; Series A $2.7M–$21M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • CareGlance — CareGlance is the provider of real-time monitoring systems based on SS-OCT technology. Fast, precise and developed for the industry!
  • Maieutical Labs — I Maieutical Labs sono un insieme di piattaforme ispirate al Mastery Learning, immersive e mobile-oriented, dedicate allo studio nella scuola secondaria
  • Wearable Robotics — Wearable Robotics produces and develops wearable robotic systems and exoskeletons for rehabilitation, assistance and human-power augmentation.
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Renaldas Zioma
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Finland Manufacturing startups

Renaldas Zioma

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Investment focus

  • Industry: Artificial Intelligence, Manufacturing, Information Technology
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Finland, Ukraine, Lithuania

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • #Rens — RENS Original is the World's First Sneaker made from recycled coffee and plastic. We know you've been drinking it, now it is time to wear it.
  • PIXEVIA — PIXEVIA - AI for retail. Our flagship product - fully autonomous stores, powered by AI, cameras, and sensors. You simply walk in, take what you want, and go.
  • Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
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Soren Jensen Radgivende Ingeniorfirma
VC Fund · Aarhus, Midtjylland, Denmark · 1 investments in Finland Manufacturing startups

Søren Jensen advises on inspirational civil engineering with hardcore engineering knowledge and the latest technology.

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Investment focus

  • Industry: Energy, GreenTech, Smart Cities
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Soletair Power — Soletair Power is a Finnish startup founded in 2016, operating in the fields of Direct Air Capture and power-to-X technology. The company captures CO2 from the air by retrofitting buildings' ventilation systems with carbon capture technology, resulting in low building emissions. Captured carbon dioxide can be mineralized into concrete, storedas pressurized gas or liquid, transported, and used as raw materials to produce synthetic products. In 2020, Wärtsilä, together with Soletair Power and Q-Power, created their first enclosed Power-to-X unit in the world which can produce synthetic methane from air-captured CO2 straight from the Finland pavilion in Expo 2020 Dubai, United Arab Emirates. The company has delivered multiple carbon dioxide capturing units since then to Germany, Finland, and Denmark.
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Ilkka Hiidenheimo
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

Ilkka Hiidenheimo is the CEO of Sharper Shape.

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Investment focus

  • Industry: Industrial, Manufacturing, Nanotechnology
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Picosun — Picosun is the leading manufacturer of Atomic Layer Deposition (ALD) reactors for micro- and nanotechnology applications. Picosun provides the customers with versatile, reliable, and user-friendly ALD process tools, which offer world leading process quality and unique scalability from basic research to fully automated high throughput industrialproduction. Picosun is based in Espoo, Finland, its production facilities are located in Masala (Kirkkonummi), Finland, its US headquarters in Detroit, Michigan, and its Asian headquarters in Singapore. PICOSUN™ ALD process tools have been installed in various prominent industries and high-level reasearch organizations across Europe, USA, Asia and Australia. Picosun has world-wide sales and support network with distributors and representatives in over 30 countries.
  • Confidentialmind — The ConfidentialMind software stack enables you to integrate AI-solutions such as language models into your workflows and processes without data leaks to third parties. We will find a way to protect your data.
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Infosto
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

Infosto is a Finland-based venture capital firm that specializes in early stage investments.

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Investment focus

  • Industry: Sensor, Organic, Automotive
  • Stage:Series A, Series B, Series C
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Canatu — We create the most advanced carbon nanotubes for industry-transforming products. Discover more!
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Aura Group
VC Fund · Singapore, Central Region, Singapore · 1 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Information Technology, Financial Services, Internet
  • Stage:Series A, Seed
  • Geography: Australia, Finland, Singapore

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • Betterx — Betterx is a technology company focused on infrastructure to support Web3.0 and Digital Assets.
  • Lygon — Lygon operates as a blockchain banking start-up. The Lygon platform is an industry solution that streamlines the bank guarantee process for everyone.
  • Giftaway — Giftaway is an eGift platform that makes it easy for businesses to reward and incentivize stakeholders such as employees and customers.
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Logispring
VC Fund · New York, New York, United States · 1 investments in Finland Manufacturing startups

Add more credibility to your site - get a premium domain today. Straight-forward shopping experience.

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Investment focus

  • Industry: Security, Supply Chain Management, iOS
  • Stage:Series A, Series B, Series C
  • Geography: United States, Finland

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Confidex — Confidex is supplier of high-performing contactless ticketing and RFID tag solutions and services to make supply chains, transactions and authentication of goods and people more efficient and secure. Today, we are innovating and exploring with our customers how our solutions can help people and companies to address their problems and challenges byfusing strong combination of RFID tag design competence, RF engineering and customization to manufacturing experience.
  • Exaprotect — facilitate meeting regulatory and audit compliance and mitigate security risks.
  • Odyssey Logistics & Technology Corporation — As a global logistics provider, Odyssey offers multimodal services for intermodal, rail, warehousing, LTL & LCL, managed services & consulting
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PC Rettig & CO Impact
VC Fund · 1 investments in Finland Manufacturing startups

PC Rettig & CO Impact

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Investment focus

  • Industry: Mining, Robotics, 3D Printing
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.
  • Polar Night Energy — Polar Night Energy - Seasonal heat storage in district heating and industrial applications. The energy revolution is here.
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Lauri Rosendahl
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

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

Etera is a pension company that takes care of the Finnish pension insurance.

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Investment focus

  • Industry: Robotics, Manufacturing, Internet of Things
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • NewIcon — NewIcon is a health tech company specializing in pharmacy automation systems based on advanced software and robotics.
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Sinituote Oy
VC Fund · 1 investments in Finland Manufacturing startups

Sinituote Oy is the leading manufacturer and marketer of cleaning equipment, clothing care products, and car care products in the Nordic countries. The family business belongs to the multidisciplinary SINI Group. Sinituote Oy is a Finnish family business that has been operating in its current form since 1988. The history of the company,especially known for its cleaning supplies, dates back to the 1940s. Sinituote invests heavily in product development and is constantly bringing new tools to the market to maintain the cleaning, order, and functionality of the home. The company's goal is to make the daily life of Finnish homes easier.

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Investment focus

  • Industry: Manufacturing, Electric Vehicle, Public Transportation
  • Stage:Debt Financing
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Endev — Endev LTD is a Finnish clean tech company that provides thermal treatment solutions for wastewater and other industrial sludges. Endev´s innovative PAKU solution has been developed to handle municipal sludge locally, efficiently and economically.
  • Visedo — Danfoss Editron specializes in hybrid and electric powertrain systems for off-highway and marine markets.
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HTGF (High-Tech Gruenderfonds)
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 1 investments in Finland Manufacturing startups, 34 in the past 12 months

The seed investor High-Tech Gründerfonds (HTGF) finances tech start-ups with growth potential and has supported more than 700 start-ups since 2005. With the launch of its fourth fund, HTGF now has about 1.4 billion euros under management. Its team of experienced investment managers and start-up experts support young companies with expertise,entrepreneurial spirit and passion. HTGF’s focus is on high-tech start-ups in the fields of digital tech, industrial tech, life sciences, chemistry and related business areas. To date, external investors have injected about 5 billion euros of capital into the HTGF portfolio via more than 2,000 follow-on financing rounds. In addition, HTGF has already successfully sold shares in more than 170 companies. Fund investors in this public-private partnership include the German Federal Ministry for Economic Affairs and Climate Action, KfW Capital and 45 companies from a wide range of industries. Fund investors in this public-private partnership include the German Federal Ministry for Economic Affairs and Climate Action, KfW Capital and 45 companies from a wide range of industries.

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Investment focus

  • Industry: Software, Biotechnology, Information Technology
  • Stage:Seed, Series A
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 468
  • Lead/follow: no public data

Portfolio highlights

  • Eyeo — eyeo revolutionizes imaging with color splitter sensors. Capture sharper, brighter images in low light using optical waveguide innovation, discover how it works
  • nuuEnergy — nuuEnergy is a tech-enabled solution aiming to revolutionize the heat pump installation industry. By leveraging technology and industry expertise, we streamline the purchasing and installation process. Our unique approach, refinanced through innovative strategies, promotes a self-reliant and carbon-neutral lifestyle for all our customers.
  • Steuerboard — Steuerboard serves as a collaborative platform facilitating digital interaction between tax advisors and clients. The mission of Steuerboard is to rethink the way accountants and clients work together.
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ITOCHU International
VC Fund · New York, New York, United States · 1 investments in Finland Manufacturing startups

The North American flagship company of ITOCHU Corporation, ITOCHU International provides trading services for more than 20,000 items and manages a portfolio of more than 20 subsidiaries and affiliates as well as a diversified range of investments. Headquartered in New York and operating in the US, Canada and Mexico, the company is involved in a wide variety of businesses, with particular strength in the machinery, aerospace and electronics, food, forest products, chemicals, energy and alternative energy sectors.

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Investment focus

  • Industry: Recycling, Manufacturing, Wood Processing
  • Stage:Series A
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Paptic — Paptic is manufacturing company that revolutionizes environmental new material, wood-based renewable and recyclable products replacing paper and plastic. Paptic Ltd was April 2015. The company is based in Espoo, Finland and employs today 10 persons.
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Vendep Capital
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: SaaS, Software, Analytics
  • Stage:Seed, Series A
  • Geography: Finland, United States, Canada

Investor stats

  • Total investments: 35
  • Lead/follow: no public data

Portfolio highlights

  • Cluby — Cluby is a technology platform that provides restaurants with the best tools for managing and communicating with loyal consumers.
  • Claimlane — Claimlane is an end-to-end returns management solution for brands and retailers to manage any type of return, across all sales channels and markets. Perfectly document claims and returns. Streamline workflows. Get quality insights. Turn unhappy claimers into loyal customers. That's Claimlane.
  • Eyeball — Eyeball operates as a digital platform for youth football.
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Ben Feder
Angel · New York, New York, United States · 1 investments in Finland Manufacturing startups

Ben Feder is an accomplished and creative and entrepreneur and investor, with a long and proven track record in the media and telecommunications sector. He has held pubic company board positions in Japan and the United States. Ben is co-founder of ZelnickMedia, a successful private equity firm in the U.S.that focuses on the media andcommunications industries; and he is formerly the CEO of Take Two Interactive, a $2 billion public video game company that develops and publishes video games such as Grand Theft Auto, NBA 2K, and Civilization.

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Investment focus

  • Industry: Gaming, Shoes, Information Technology
  • Stage:Seed, Series C
  • Geography: Finland, United States, Singapore

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Rens Original — RENS Original is the World's First Sneaker made from recycled coffee and plastic. We know you've been drinking it, now it is time to wear it.
  • Verto Analytics — Verto Analytics (Verto) operates a passive metering panel that provides researchers, advertisers, and publishers the data they need to keep up with the rapid and changing pace of consumer media consumption on every app, device, service, and platform. This ongoing, longitudinal panel captures a wide breadth of behaviors—all enriched to clients’behavioral analysis or custom survey studies. Our single-source, passive metering data sets provide the information needed to understand the full digital footprint of the U.S. population. Our Data Labs are located in the US, and in Helsinki, Finland. http://www.vertoanalytics.com.
  • Armada Interactive — We are a Helsinki-based gaming startup that develops PvP mobile games
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Suffice International
VC Fund · 1 investments in Finland Manufacturing startups

Suffice International

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Investment focus

  • Industry: Electric Vehicle, Battery, Manufacturing
  • Stage:Debt Financing
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Visedo — Danfoss Editron specializes in hybrid and electric powertrain systems for off-highway and marine markets.
  • Akkurate — Sandvik Battery Electric Loaders and Trucks TH550B LH518B Mobile Charging Station Battery as a Service
  • Soletair Power — Soletair Power is a Finnish startup founded in 2016, operating in the fields of Direct Air Capture and power-to-X technology. The company captures CO2 from the air by retrofitting buildings' ventilation systems with carbon capture technology, resulting in low building emissions. Captured carbon dioxide can be mineralized into concrete, storedas pressurized gas or liquid, transported, and used as raw materials to produce synthetic products. In 2020, Wärtsilä, together with Soletair Power and Q-Power, created their first enclosed Power-to-X unit in the world which can produce synthetic methane from air-captured CO2 straight from the Finland pavilion in Expo 2020 Dubai, United Arab Emirates. The company has delivered multiple carbon dioxide capturing units since then to Germany, Finland, and Denmark.
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Aleksander Leonard Larsen
Angel · 1 investments in Finland Manufacturing startups

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

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Investment focus

  • Industry: Gaming, Digital Entertainment, Blockchain
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Norway, Singapore, Brazil

Investor stats

  • Total investments: 17
  • Lead/follow: no public data

Portfolio highlights

  • Mocaverse — Mocaverse is the Animoca Brands membership NFT collection of 8,888 unique beings: The Mocas. Join the Mocas in the realms to Learn, Play, Do Good, and Build together as we champion our Web3 values!
  • Pixels — Pixels is a play-to-earn MMO game built around the NFT assets you already own. Build your NFT a home in the metaverse and get farming.
  • Sequence — Horizon is building a New Dimension where Internet economies are fun, accessible, and for the benefit of all participants. We have two amazing products to make this real:Sequence, which consists of i) a friendly crypto, NFT + Web3 smart wallet, and ii) a seamless developer platform for Ethereum, NFTs, Web3, DeFi and Dapps. Sequence makes it easyfor users to access and for developers to build the next generation of Internet economies and experiences.Skyweaver, a digital trading card game—powered by Sequence + blockchain—where players actually own the game items they win and purchase. For the first time, gamers can easily and securely sell and trade their items.
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Building Ventures
VC Fund · Boston, Massachusetts, United States · 1 investments in Finland Manufacturing startups

Building Ventures is a venture capital firm based in Boston, MA. We partner with Built Environment entrepreneurs and early-stage startups.

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Investment focus

  • Industry: Software, Construction, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: United States, Finland

Investor stats

  • Total investments: 47
  • Lead/follow: no public data

Portfolio highlights

  • Clearstory.build — Construction's leading Change Order Communication Platform. We help Subs, GCs, and Owners communicate T&M Tags and Change Order Requests in real-time.
  • Station A — Station A helps real estate owners and long-term tenants rapidly identify and install solar, battery, and EV charging projects.
  • SmartPM Technologies — SmartPM is an automated construction project controls platform. Access the construction schedule control you need for smarter project management.
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Leaguer Venture Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Manufacturing, Advanced Materials, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Finland

Investor stats

  • Total investments: 36
  • Lead/follow: no public data

Portfolio highlights

  • Wuwen Zhike — Wuwen Zhixing is an intelligent driving service provider dedicated to offering professional and cutting-edge integrated solutions for AI data and simulation verification, as well as developing AI data infrastructure and accelerators.
  • Lingxin Qiaoshou — Lingxin Qiaoshou focuses on the research and development and production of embodied intelligent platforms with "dexterous hands + cloud-based intelligent brain" as the core.
  • Qiu Shui Semiconductor — Qiu Shui Semiconductor is a semiconductor company that specialized on Micro-LED display technology.Qiu Shui Semiconductor's core products are Micro-LED micro display chips and modules, which are widely utilized in digital car lighting, micro projection, and augmented reality displays.
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Secto Design
VC Fund · Kauniainen, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

Timeless wooden lighting collection with a Scandinavian feel. Handmade in Finland.

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Investment focus

  • Industry: Product Management, Paper Manufacturing
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Woamy — Woamy produces edible, non-toxic, recyclable cellulose-based foam with a directional strength that mimics wood. Based on a decade of scientific research, we make sustainable foam in Espoo Finland.
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Übermorgen Ventures
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Finland Manufacturing startups

We are an early stage VC for climate tech startups.

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Investment focus

  • Industry: Software, Energy, Renewable Energy
  • Stage:Seed, Pre-Seed
  • Geography: Germany, Switzerland, Finland

Investor stats

  • Total investments: 39
  • Lead/follow: no public data

Portfolio highlights

  • Marathon Fusion — The fuel cycle for fusion energy.
  • Companion.energy — Companion.energy provides energy management, forecasting and flexibility software to bridge the gap between energy procurement and operations.
  • Open Forest Protocol — With Open Forest Protocol (OFP), measure, report, verify and fund forestation projects with digital transparency
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Manufacturing Investor funding in Finland at a glance

Stats across 123 deals from 108 investors.

108
investors
in Finland Manufacturing startups
123
deals
in Finland Manufacturing startups
$3.8M
median round
in Finland Manufacturing startups
53%
lead investors
lead at least one round
31%
Seed
most common funding stage
85/15
VC / Angel
share of investor count

Access all 108 investors in Finland Manufacturing startups.

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