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Top 50 Marketplace Startup Investors in Finland (June 2026)

The most active venture capital funds and angel investors investing in Finland Marketplace startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Marketplace startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ali Omar
Angel
20 Finland, United States, Estonia Seed, Pre-Seed, Angel Software, SaaS, Artificial Intelligence $53k–$2.1M
Lifeline Ventures
VC Fund
13 Finland, United States, United Kingdom Seed, Series A Software, Health Care, E-Commerce $547k–$20M
Reaktor Ventures
VC Fund
12 Finland, Germany, United States Seed, Pre-Seed, Series A Internet, Software, E-Commerce $137k–$6.6M
Superhero Capital
VC Fund
11 Finland, Lithuania, Estonia Seed, Pre-Seed Software, Information Technology, Internet $212k–$3.1M
Business Finland
VC Fund
10 Finland, United States, United Kingdom Grant, Seed, Debt Financing Software, Biotechnology, SaaS $53k–$11M
Tesi
VC Fund
10 Finland, United States, Switzerland Series A, Series B Software, Manufacturing, Health Care $2.2M–$41M
Maki.vc
VC Fund
9 Finland, Norway, Denmark Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $900k–$37M
Inventure
VC Fund
7 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Health Care $549k–$23M
Visionplus
VC Fund
7 Finland, United States, United Kingdom Seed, Series A Software, Information Technology, Internet $77k–$14M
Gorilla Capital
VC Fund
6 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, SaaS, Information Technology $149k–$5.5M
Innovestor
VC Fund
6 Finland, Denmark, Sweden Seed, Pre-Seed Software, Health Care, Information Technology $163k–$4.5M
Ilkka Paananen
Angel
6 Finland, United States, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, FinTech $1.2M–$68M
OpenOcean
VC Fund
5 Finland, United States, United Kingdom Series A, Series B, Seed Software, Information Technology, SaaS $2.3M–$30M
Finnvera Venture Capital
VC Fund
5 Finland, United States, Chile Seed, Series A Software, Health Care, Information Technology $250k–$22M
Illusian Founder Office
VC Fund
4 Finland, United States, Germany Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $2.5M–$90M
First Fellow Partners
VC Fund
4 Finland, United States, Sweden Seed, Series A, Pre-Seed Software, SaaS, Artificial Intelligence $228k–$26M
Olli Sirkiä
Angel
3 Finland, Estonia Seed, Angel, Pre-Seed Software, Marketplace, SaaS $53k–$768k
Butterfly Ventures
VC Fund
3 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $110k–$4.4M
Wave Ventures
VC Fund
3 Finland, Sweden, Germany Seed, Pre-Seed Software, Internet, Information Technology $165k–$2.1M
Eurazeo
VC Fund
3 France, United States, Germany Series B, Seed Software, Information Technology, Health Care $2.7M–$120M
Jonas Dromberg
Angel
3 Sweden, Finland Angel, Series A E-Commerce, SaaS, Internet $5.5M–$12M
John Lindfors
Angel
3 Finland, South Korea, Sweden Series A, Seed, Series D E-Commerce, Eyewear, Internet $1M–$48M
FOV Ventures
VC Fund
3 Finland, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Gaming, 3D Technology $360k–$37M
Wellington Partners
VC Fund
3 Germany, United States, United Kingdom Series A, Series B Health Care, Biotechnology, Medical $3.1M–$55M
Firstminute Capital
VC Fund
3 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $650k–$30M
Metsa Spring
VC Fund
3 Finland, Sweden Seed, Series A GreenTech, Sustainability, Chemical $395k–$8.4M
Vendep Capital
VC Fund
3 Finland, United States, Sweden Seed, Series A SaaS, Software, Analytics $713k–$13M
Evli Growth Partners
VC Fund
3 Finland, Germany, Poland Series B, Series A, Series C E-Commerce, EdTech, Internet $5.5M–$60M
Risto Siilasmaa
Angel
3 Finland, Sweden, Estonia Seed, Series A, Pre-Seed Software, Information Technology, SaaS $228k–$29M
Nuard Ventures
VC Fund
3 Finland, Germany, United States Seed IaaS, Video, Fashion $339k–$680k
Flashpoint
VC Fund
3 United States, United Kingdom, Israel Series A, Seed Software, SaaS, Machine Learning $750k–$19M
Mikko Silventola
Angel
2 Estonia, United States, Sweden Pre-Seed, Seed, Angel Transportation, Information Technology, E-Commerce
Timo Soininen
Angel
2 Finland, Sweden, United States Seed, Pre-Seed Software, Gaming, FinTech $834k–$16M
Baidu
VC Fund
2 China, United States, Israel Series A, Series B, Series C Internet, Software, Artificial Intelligence $2.8M–$553M
VTT Ventures
VC Fund
2 Finland Seed, Series A Biotechnology, Manufacturing, Sensor $460k–$13M
Harwick Overseas
VC Fund
2 Finland Seed Fashion, E-Commerce, Marketplace
Kim Väisänen
Angel
2 Finland Series A Video, Internet, E-Commerce $6.6M–$6.6M
Mandatum
VC Fund
2 Finland Private Equity Internet, SEO, Big Data $16M–$28M
Teemu Jokinen
Angel
2 Finland Pre-Seed, Angel Software, SaaS, Marketplace $149k–$2.4M
Otto Hilska
Angel
2 Finland Seed, Series A E-Commerce, Advertising, Electronics $982k–$1.3M
Mobility Ventures
VC Fund
2 Spain, Finland, United States Seed, Angel, Series C Mobile, Apps, Retail
Jerry Pruttz Holding Ab
VC Fund
2 Finland Seed Video, Database, Internet
Tera Ventures
VC Fund
2 Estonia, United States, United Kingdom Seed, Series A, Pre-Seed Software, E-Commerce, Artificial Intelligence $120k–$12M
SanomaVentures
VC Fund
2 Finland, The Netherlands Seed, Series A Internet, SEO, Finance $466k–$3M
Lasse Järvinen
Angel
2 Finland, Canada, Sweden Angel, Seed Software, E-Commerce, Marketplace $53k–$159k
Icebreaker.vc
VC Fund
2 Finland, Estonia, Sweden Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $106k–$25M
David Helgason
Angel
2 United States, Denmark, Finland Seed, Series A Software, Gaming, Information Technology $1.1M–$30M
Alfvén & Didrikson
VC Fund
2 Sweden, United Kingdom, Finland Series B, Series A Software, SaaS, Internet $5M–$175M
Anthemis
VC Fund
2 United States, United Kingdom, France Seed, Series A, Series B FinTech, Financial Services, Software $1.3M–$60M
Marianne Vikkula
Angel
2 Finland Seed Wholesale, E-Commerce, Marketplace
Access all 200 investors in Finland Marketplace startups.

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

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Investor list

Ali Omar
Angel · Helsinki, Southern Finland, Finland · 20 investments in Finland Marketplace 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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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 13 investments in Finland Marketplace 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: 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.
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Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland · 12 investments in Finland Marketplace startups

Reaktor Ventures has moved to the next phase by focusing its efforts to actively supporting current portfolio companies. This means that the fund has ended its investment period and is not investing into new companies. Between 2013 and 2018 we have invested into 42 different companies and one early stage fund. We will naturally keep makingfollow-up investments to current portfolio companies.

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Investment focus

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

Investor stats

  • Total investments: 54
  • Round size: Seed $137k–$2M; Pre-Seed $159k–$1.8M; Series A $1.7M–$6.6M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • Swappie — Buy refurbished iPhones at an affordable price - Swappie offers refurbished and cheap iPhones with a free 12-month Swappie warranty.
  • Videoly — The easiest way for online retailers to get hand-picked and automatically embedded product videos.
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 11 investments in Finland Marketplace startups

Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Lithuania, Estonia

Investor stats

  • Total investments: 93
  • Round size: Seed $212k–$3.1M; Pre-Seed $618k–$1.8M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Zadaa — We are the world’s first marketplace to make selling and buying secondhand as simple as in an online store. We have revolutionised C2C logistics regarding pricing and marketplace integration between multiple logistic companies operating on different markets. Zadaa is live on German, Danish and Finnish markets.
  • eMabler — We accelerate our customers' business growth by convenience in eMobility with our API-first platform
  • ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 10 investments in Finland Marketplace 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, Biotechnology, SaaS
  • Stage:Grant, Seed, Debt Financing
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 197
  • Round size: Seed $297k–$3.5M; Grant $53k–$11M; Debt Financing $241k–$5.8M
  • Lead/follow: 42% lead, 58% 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.
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Tesi
VC Fund · Helsinki, Southern Finland, Finland · 10 investments in Finland Marketplace 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

  • 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.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 9 investments in Finland Marketplace 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: 93
  • Round size: Seed $900k–$8M; Pre-Seed $1.1M–$2.7M; Series A $3.3M–$37M
  • Lead/follow: 46% lead, 54% 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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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 7 investments in Finland Marketplace 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: 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.
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Visionplus
VC Fund · Helsinki, Southern Finland, Finland · 7 investments in Finland Marketplace 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

  • Film Finances — Discover Film Finances Inc., the global leader in film completion guarantees, ensuring on-schedule and on-budget delivery for over seven decades. Explore our services and industry expertise.
  • LiveMusicStage — We're a live music venue online. We let you to actually take part in the shows and interact with the bands while they're playing. You're always in the front row
  • 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.
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Gorilla Capital
VC Fund · Helsinki, Southern Finland, Finland · 6 investments in Finland Marketplace startups

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

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 63
  • Round size: Seed $274k–$1.3M; Pre-Seed $149k–$680k; Series A $2.6M–$5.5M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Upsy Company — Join Zotabet Casino today to enjoy special benefits and an amazing gaming environment with a wide range of slots!
  • Pandatron — With clients like SAP, Universal Pictures & Skanska, Pandatron is a startup that supports change management. We do it by scaling AI-driven coaching 1-on-1s to every employee, which also allows us to measure change.
  • Nordic Information Control — Inventering och klassificering av information, automatiskt med Nordic Information Control Platform. Automatic Regulatory compliance.
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Access 48,091 investors

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

Browse database — It's Free!
Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 6 investments in Finland Marketplace 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: 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.
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Ilkka Paananen
Angel · Helsinki, Southern Finland, Finland · 6 investments in Finland Marketplace startups

Ilkka Paananen, is the CEO and co-founder of Supercell, the Helsinki-based mobile games developer behind Clash of Clans, Hay Day, Boom Beach, Clash Royale and Brawl Stars. Since its founding in 2010, Supercell's five games have amassed 100m daily players and remain in the global top 10 years after launch. In June 2016, Supercell became thefirst European technology start-up to reach a valuation of $10 billion.In addition to his role at Supercell, Ilkka helps other entrepreneurs as both an investor and as an active member of the Nordic startup community where he mentors and coaches other founders. Alongside his co-founder Mikko Kodisoja, he has established the We Foundation to fight social inequality and help disadvantaged children in Finland.Prior to founding Supercell, he was the CEO & co-founder of Finnish games developer Sumea, which was later acquired by Digital Chocolate, where he worked as President until 2010. Ilkka holds a Master of Science degree from the Helsinki University of Technology.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 60
  • Round size: Seed $2.4M–$16M; Pre-Seed $1.2M–$2.7M; Series A $8M–$68M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Droppe — Order work equipment directly from manufacturers. Support small businesses and source more responsibly from local and European manufacturers. Order from several suppliers at the same time with one shopping cart. Test samples for free and order products for your workplaces without extra hassle. Find nitrile gloves, protective clothing, work gloves, work accessories, disposable gloves, disinfectants, sanitizers and other supplies in one place.
  • Taito.ai — Taito.ai provides an AI platform that allows users to develop and deploy intelligent applications. It supports various tools and features for building machine learning models. Users can access resources for training and optimizing their AI solutions.
  • Lovable — Lovable builds software that builds software. Lovable vision is to unlock human creativity by enabling anyone to create software.
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OpenOcean
VC Fund · Helsinki, Southern Finland, Finland · 5 investments in Finland Marketplace startups

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

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Investment focus

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

Investor stats

  • Total investments: 95
  • Round size: Seed $2.8M–$11M; Series A $2.3M–$22M; Series B $7.3M–$30M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Bitrise — Continuous integration and delivery built for mobile: Automate iOS and Android builds, testing and deployment from your first install to the one millionth.
  • Hygraph — A GraphQL-native headless CMS that marketers and developers love. Structure content, scale with AI, and launch faster across every channel.
  • Outlyer — Outlyer is a self-service infrastructure monitoring platform made for DevOps and microservices. We monitor your full stack—from servers and cloud providers to databases, containers and custom metrics. We give you dashboards, analytics and alerts that are easy to set up and customize for both developer and operations teams.Outlyer is monitoring,done differently.
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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 5 investments in Finland Marketplace 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, 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.
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Illusian Founder Office
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Marketplace startups

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

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Investment focus

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

Investor stats

  • Total investments: 49
  • Round size: Seed $2.5M–$9M; Series A $5.9M–$44M; Series B $35M–$90M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CodeWords
  • Vibe — Advertise your brand on CTV & OTT content with Vibe's self-serve ad platform to target hundreds of channels & networks and reach millions of households.
  • Riff — Databutton is an online app builder that empowers the next generation of entrepreneurs and innovators. It enables anyone to create dynamic online apps in minutes by connecting to a growing array of sources, models, and integrations, or by utilizing their own datasets. 먹튀검증 https://muktts.net/
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First Fellow Partners
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Marketplace startups

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

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 72
  • Round size: Seed $500k–$8M; Pre-Seed $228k–$1.7M; Series A $2.2M–$26M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Louhe — Double the reach of your existing physical security investment with a fraction of the cost. Let LOUHE detect and respond to security anomalies on your site, and use it to audit your physical security posture.
  • LumiDB — Turn petabyte-scale point cloud archives into a live, queryable utility. LumiDB streams spatially indexed 3D data into your CAD, GIS, and AI workflows.
  • FinanceKey — FinanceKey helps you future-proof connectivity, gain real-time cash visibility across the organisation and manage money movements with ease.
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Olli Sirkiä
Angel · 3 investments in Finland Marketplace startups

Olli has background in management consultancy (McKinsey & Company 2007-2009) and software business (LeadDesk Oyj (publ) 2010-2018).

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Investment focus

  • Industry: Software, Marketplace, SaaS
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Finland, Estonia

Investor stats

  • Total investments: 6
  • Round size: Seed $307k–$768k; Angel $53k–$159k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Freska — Freska, voted one of the hottest tech start-ups in Finland, is an online home services company currently disrupting the traditional home cleaning industry in the Nordics, backed by top-tier VCs (Acton, Spintop and Addventure) post Series A. Freska delivers top quality cleaning services with total flexibility for the customer to select a time,decide on the service and manage the subscription in an easy-to-use online interface or a native app. However, Freska does not only clean homes, it creates real jobs. All Freska cleaners have been subject to a thorough recruitment process followed by a thorough Freska-onboarding. They are all skilled professionals and core members of the Freska family, knowing that they will earn a good living from their job and have a community that supports them.
  • Offerilla — Offerilla is the most popular marketplace for local discounts. Offerilla was founded by entrepreneurs Risto Juntunen, Mikko Ollikkala and Aleksi Paavola.
  • Fiksuvuokraus.fi — Fiksuvuokraus.fi is an apartment renting platform for long-term contracts. In our service, the rental process is simplified and accelerated with the latest technologies that are primarily used only for apartment selling. We think that also rental apartments deserve to be found with modern tools.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 3 investments in Finland Marketplace 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: 87
  • Round size: Seed $219k–$2.1M; Pre-Seed $110k–$4.4M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Atium — Clean water is one of the largest future challenges we stand before, and toxic pollutants are a large contributing factor. Heavy metals are some of the most toxic chemicals to human health and it is our goal, through our innovation, to contribute to a world where water treatment is more environmentally friendly and effective. Atium exists to helpensure clean water, for everyone.
  • Reactional Music — Reactional Music is creating a new commercial layer for the global games industry that uses premium, licensed music to drive both user acquisition and player engagement. The company’s technology allows developers and publishers to integrate commercial music at two critical points in the player lifecycle:- Music in User Acquisition – improvingconversion, ROI, and campaign lifespan in playable ads and performance marketing.- Music in Games – increasing retention, session length, and monetization through adaptive, personalized music experiences.Reactional’s platform combines a patented rule-based adaptive music engine, a licensed catalog of more than six million tracks, and an automated rights and royalty system. The technology is already integrated with Unity and Unreal and is deployed across live projects with leading publishers and studios.
  • 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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Wave Ventures
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Marketplace startups

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.

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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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Eurazeo
VC Fund · Paris, Ile-de-France, France · 3 investments in Finland Marketplace startups

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

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series B, Seed
  • Geography: France, United States, Germany

Investor stats

  • Total investments: 276
  • Round size: Seed $2.7M–$16M; Series B $18M–$120M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Back Market — Back Market is an online marketplace for refurbished electronics. The company brings refurbished electronic devices and appliances to customers in 13 countries (including the United States, France, Germany, the United Kingdom, Italy, Spain, Belgium, Austria, the Netherlands, and more recently, Portugal, Japan, Finland, and Ireland). It employs ateam of 480 employees and counting across its 4 offices located in New York, Berlin, Paris, and Bordeaux.Launched in 2014 by Thibaud Hug de Larauze, Quentin Le Brouster, and Vianney Vaute, Back Market is headquartered in Paris, France.
  • Electra — Electra is a platform that provides Charging stations Ultrafast for electric vehicles.
  • Etix Everywhere — Provide Data Center services and connectivity to improve your presence and efficiency! Your partner for collocation is Etix Everywhere!
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Jonas Dromberg
Angel · Helsinki, Southern Finland, Finland · 3 investments in Finland Marketplace startups

Jonas Dromberg - Investor & Advisor @ Apprl

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Investment focus

  • Industry: E-Commerce, SaaS, Internet
  • Stage:Angel, Series A
  • Geography: Sweden, Finland

Investor stats

  • Total investments: 5
  • Round size: Series A $5.5M–$12M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Apprl — Performance-based influencer marketing, made for e-commerce brands, and an invitation-only service for digital content creators.
  • Klevu — Klevu Oy is a self-learning search engine that helps online retailers turn visitors into customers. Its search for SMEs focuses on fast, relevant search with actionable insights into shoppers’ search and easy self-service integration.Klevu Oy’s enterprise edition provides natural language search with ease of catalog maintenance and insights intoshopping experience. It is based in Helsinki, Southern Finland.
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John Lindfors
Angel · Hong Kong, Hong Kong Island, Hong Kong · 3 investments in Finland Marketplace startups

John Lindfors is a Co-Founder of DST Global. He previously worked at Goldman Sachs as the head of tech and media investment banking in the EMEA region before transitioning to Digital Sky Technologies in 2010.

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Investment focus

  • Industry: E-Commerce, Eyewear, Internet
  • Stage:Series A, Seed, Series D
  • Geography: Finland, South Korea, Sweden

Investor stats

  • Total investments: 18
  • Round size: Seed $1M–$4.4M; Series A $8.2M–$48M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Varjo — Varjo provides military-grade XR headsets, software, and professional services for mission-critical training and simulation across air, land, and sea.
  • Sana — Sana is an AI company building the next generation of knowledge tools. Designed and engineered in Stockholm, Sweden.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
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FOV Ventures
VC Fund · London, England, United Kingdom · 3 investments in Finland Marketplace startups

FOV Ventures invests in early-stage European companies across Spatial Computing, AI, 3D, and Robotics.

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Investment focus

  • Industry: Software, Gaming, 3D Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, United Kingdom, Germany

Investor stats

  • Total investments: 32
  • Round size: Seed $2M–$11M; Pre-Seed $360k–$4.4M; Series A $8.6M–$37M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Roro — Roro is a new mobile gaming studio that creates imaginative play experiences using Unreal Engine. Roro is a small, nimble company with a clear vision wanting to expand with more craftspeople who can help build the future.
  • Spogen.ai — Spogen.ai is a speaking AI assistant that improves machinery operation and maintenance efficiency.
  • Psytec Games — Psytec Games is a London-based independent video game development studio creating innovative virtual reality games with a focus on social connection and co-operative gameplay.Our most recent title, Windlands 2 was highly praised upon launch thanks to its innovative locomotion mechanics and action-packed multiplayer gameplay. VROasis calledWindlands 2 “One of the best VR titles of the year”, and UploadVR called it “an unrivalled joy in VR”. Today, it’s user reviews continue to average 9/10 (Steam) and 4.4/5 (Meta Quest), with new players discovering the worlds we’ve created every day.Comprised of a small team of talented designers, programmers and artists, Psytec Games is working to redefine what VR action-adventure games can be, channelling over 10+ years of VR game development expertise.
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Wellington Partners
VC Fund · Munich, Bayern, Germany · 3 investments in Finland Marketplace startups

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

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 194
  • Round size: Series A $3.1M–$33M; Series B $7.7M–$55M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $222M in 2019

Portfolio highlights

  • nyra health — myReha is an artificial intelligence and evidence-based neurological research tablet app that offers a revolutionary form of therapy. myReha was founded in 2020 and was headquartered in Vienna, Austria.
  • UiPath — Reinvent your workplace with the leading robotic process automation platform and learn how UiPath can help your company become a fully automated enterprise.
  • UroMems — The device is developing an active implantable medical device based on the cutting edge technologyl in the field of embedded systems and micro-technologies for the development of its products.
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Firstminute Capital
VC Fund · London, England, United Kingdom · 3 investments in Finland Marketplace startups

firstminute is a seed fund backed by over 130 unicorn founders and a world-class community.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 188
  • Round size: Seed $2.4M–$10M; Pre-Seed $650k–$5.5M; Series A $6.8M–$30M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Klu.ai — Klu.ai is a generative AI platform that simplifies the process of designing, deploying, and optimizing AI applications.The company integrates major large language models (LLMs) such as Anthropic Claude, Azure OpenAI, GPT-4, and over 15 other models, enabling rapid prompt/model experimentation, data gathering, and user feedback. The platformoffers features like Klu Actions for content generation, business operations workflows, content analysis, and summarization, as well as optimization techniques for A/B testing and fine-tuning support for models like OpenAI's GPT-3.5 Turbo and GPT-4. Klu.ai is committed to data privacy and security, providing data obfuscation and redaction features to protect sensitive information.Klu.ai is founded by Stephen M. Walker II in 2022 and is located in San Francisco, California.
  • Layla AI — Layla operates as a travel discovery platform.
  • Stitch — One API integration for enterprise online payments across South Africa. Accept Pay by bank, debit + credit card, cash, manual EFT, debit order and crypto.
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Metsa Spring
VC Fund · Espoo, Southern Finland, Finland · 3 investments in Finland Marketplace 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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Vendep Capital
VC Fund · Espoo, Southern Finland, Finland · 3 investments in Finland Marketplace 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, Sweden

Investor stats

  • Total investments: 42
  • Round size: Seed $713k–$3.2M; Series A $3.4M–$13M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2021

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.
  • Hopsworks — Hopsworks is an online platform for the development and operation of Machine Learning (ML) pipelines at scale, based around the industry's first Feature Store for ML.
  • Test of Things — Test of Things is to protect customers and society from cyber incidents by making IoT cybersecurity easy and automated. They are building a cloud service that automates security testing so customers can ship secure, compliant products with peace of mind.Their platform integrates security into the development lifecycle, enabling continuous testingthat lowers risks and costs while enhancing reputation.
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Evli Growth Partners
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Marketplace startups

We partner with the most beautiful European startups.

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Investment focus

  • Industry: E-Commerce, EdTech, Internet
  • Stage:Series B, Series A, Series C
  • Geography: Finland, Germany, Poland

Investor stats

  • Total investments: 18
  • Round size: Series A $5.5M–$21M; Series B $9.5M–$60M; Series C $24M–$60M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • Insify — Insify is an insurance company that offers digital insurance solutions to freelancers and small businesses. The company was founded in 2020 by Koen Thijssen and is headquartered in Amsterdam, Netherlands.
  • Tylko — Tylko offers uncompromising quality at a fair price, while perfectly fitted to your space & easily ordered online.
  • Refurbed — Refurbed operates as an online marketplace for refurbished products in the german-speaking world. It sells renewed phones, laptops and tablets which are up to 40% cheaper and 100% more environmentally friendly than their brand-new, store-bought counterparts. Refurbed devices are renewed through a 40-step process, making them look like new andfunction like new. On top of that, each device comes with at least a 12-month guarantee.The company was founded in 2017 and is headquartered in Vienna, Austria.
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Risto Siilasmaa
Angel · Helsinki, Southern Finland, Finland · 3 investments in Finland Marketplace startups

Risto Siilasmaa is based out of Helsinki, Southern Finland and is the Board of Direcctor of Donut Lab. He previously worked as Founder of F-Secure. Risto Siilasmaa attended Aalto University.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 23
  • Round size: Seed $1.7M–$29M; Pre-Seed $228k–$393k; Series A $1.3M–$13M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Inven — Save time by using AI to find companies. Inven scans millions of websites to provide comprehensive data on companies similar to your search criteria.
  • Donut Lab — Redefining Electric Mobility Across All Industries. World's First Complete Electric Vehicle (EV) Hardware Platform With Unified Software.
  • The Upright Project — Upright enables smarter decision-making for investors, companies and governments by quantifying the net impact of companies.
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Nuard Ventures
VC Fund · 3 investments in Finland Marketplace startups

Nuard Ventures invests in innovative early stage companies.

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Investment focus

  • Industry: IaaS, Video, Fashion
  • Stage:Seed
  • Geography: Finland, Germany, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $339k–$680k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • WARD — WARD is a fantasy sport game, where fans can watch their favourite eSports matches and predict what will happen in real time.WARD is a startup out of Berlin which has created a “pick and predict” real-time prediction smartphone game, where players can win real prizes. People love to watch e-sports. We believe on these occasions they still want tobe able to participate.However, until now no product has offered anything other than the ability to watch. There’s been no way for fans to spectate, participate, analyse and predict the outcomes of their favourite games.
  • MVision AI — AI-powered solutions that automate repetitive tasks, enable efficient radiotherapy workflows, and promote consistency across clinical processes.
  • Polka Dot Studio — Kalian Bisa Memasang Taruhan Online Dengan Sangat Mudah Dan Nyaman Di Situs DEWAHOKI Yang Sudah Resmi Di Indonesia
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Flashpoint
VC Fund · London, England, United Kingdom · 3 investments in Finland Marketplace startups

Venture capital serves as funding for emerging, inventive enterprises poised for rapid expansion.

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Investment focus

  • Industry: Software, SaaS, Machine Learning
  • Stage:Series A, Seed
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 117
  • Round size: Seed $750k–$4M; Series A $2.3M–$19M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2021

Portfolio highlights

  • TraceAir — Construction platform providing drone flights, 3D mapping, analytics, and data processing services to accelerate site work.
  • Rep AI — Shopify's #1 AI Concierge (chatbot) for eCommerce. Rep converts more traffic (CVR), increases sales (AOV), and can handle up to 97% of your support tickets.
  • Dodona Analytics — Dodona Analytics is an e-mobility platform.
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Mikko Silventola
Angel · 2 investments in Finland Marketplace startups

Mikko is an active investor, with over 50 investments globally. Besides Europe, he is also active in Southeast Asia, Middle East, and Lat Am. He is the first investor of Bolt (Estonia), an investor of Rappi (Colombia), and of Hugo (El Salvador). He has founded 3 international media companies which in total have generated over €35M in sales overjust a few years. He has helped companies with internationalization, fundraising and M&As in Asia, Europe and the Middle East.

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Investment focus

  • Industry: Transportation, Information Technology, E-Commerce
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia, United States, Sweden

Investor stats

  • Total investments: 18
  • Lead/follow: no public data

Portfolio highlights

  • Bought — Everything you've bought, automatically ready for resale.
  • Droppe — Order work equipment directly from manufacturers. Support small businesses and source more responsibly from local and European manufacturers. Order from several suppliers at the same time with one shopping cart. Test samples for free and order products for your workplaces without extra hassle. Find nitrile gloves, protective clothing, work gloves, work accessories, disposable gloves, disinfectants, sanitizers and other supplies in one place.
  • Tab — Tab is the API-first company that enables smart receipts to arrive straight to your mobile bank app, all linked to your payment card. We help merchants deliver a seamless checkout experience and to unlock new avenues for post-sale engagement, banks to offer better user experiences & reducing customer support costs and consumers can wave goodbyeto lost receipts, tedious expense reporting processes and a more engaging banking experience.
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Timo Soininen
Angel · Zürich, Zurich, Switzerland · 2 investments in Finland Marketplace startups

Timo Soininen is the co-founder at Small Giant Games. Timo Soininen is the CEO and co-founder of Small Giant Games, maker of the hit game Empires & Puzzles. Small Giant joined Zynga, Inc (ZNGA) in December 2018, when Zynga acquired 80% of Small Giant at $700M valuation. Prior to Small Giant he was the longtime CEO of Habbo Hotel and is also anactive angel investor in several technology startups ranging from biomaterials and digital health to games (Spinnova, Aiforia, Critical Force). Timo holds a M.Sc. degree in Marketing from Helsinki School of Economics/Aalto University and just loves tennis.

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Investment focus

  • Industry: Software, Gaming, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $2.1M–$16M; Pre-Seed $834k–$2M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Studio 555 — Redefining digital interior design with unrivaled technology, UX and visual fidelity
  • Minit Games — Minit Games provides bite-sized, instantly playable HTML5 games in a tailored, algorithmically driven feed.
  • Seven Stars — De perfecte match in IT. Die maken wij. Als IT-flex regisseur en specialist in IT-bemiddeling verbinden we professionals met de beste IT-opdrachten. Snel, soepel en zonder gedoe. We make IT spark.
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Baidu
VC Fund · Beijing, Beijing, China · 2 investments in Finland Marketplace startups

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

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Investment focus

  • Industry: Internet, Software, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Israel

Investor stats

  • Total investments: 129
  • Round size: Series A $3.5M–$184M; Series B $2.8M–$553M; Series C $14M–$425M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $1.5B in 2017

Portfolio highlights

  • Noumena — Noumena is an AI-powered growth intelligence firm. It focused on brand growth to develop AI agents for marketing decision-making and execution, allowing marketing to transition from depending on human experience to a learnable and evolving intelligent system.
  • Lingao Technology — Lingao Technology dedicates to the development and application of advanced technological solution
  • True Talents For China (TTC) — True Talents For China (TTC) is a digital and intelligent professional talent service company that provides digital platforms, business platforms, data platforms, enterprise cloud services, and other services.
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VTT Ventures
VC Fund · Espoo, Southern Finland, Finland · 2 investments in Finland Marketplace 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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Harwick Overseas
VC Fund · 2 investments in Finland Marketplace startups

Harwick Overseas is an investment company managed by Jari Ovaskainen.

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Investment focus

  • Industry: Fashion, E-Commerce, Marketplace
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Stylewhile — Stylewhile creates next generation fashion shopping experience on mobile. With Stylewhile, users can try and buy outfits instead of just clothes. Based in Helsinki, Finland, Stylewhile targets the US apparel e-commerce with a strong team with backgrounds in games, e-commerce and apps.Stylewhile was launched on iOS in September 2013 togetherwith Saks Fifth Avenue. The company is backed by Lifeline Ventures, Harwick Overseas and Reaktor Polte.
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Kim Väisänen
Angel · Helsinki, Southern Finland, Finland · 2 investments in Finland Marketplace startups

Kim Väisänen - Growth Partner @ Evli Growth Partners

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Investment focus

  • Industry: Video, Internet, E-Commerce
  • Stage:Series A
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Round size: Series A $6.6M–$6.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Videoly — The easiest way for online retailers to get hand-picked and automatically embedded product videos.
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Mandatum
VC Fund · Oslo, Oslo, Norway · 2 investments in Finland Marketplace startups

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

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Investment focus

  • Industry: Internet, SEO, Big Data
  • Stage:Private Equity
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Round size: Private Equity $16M–$28M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Nosto — Nosto brings solutions for online marketing automation for the global e-commerce industry. The company’s platform-independent SaaS solution enhances customers’ online shopping experience by enabling personalized product recommendations in real time. Its plug and play solution makes the technology easily accessible to online stores of allsize, automating marketing activities and increasing conversion, customer retention and store revenues as a result. Nosto’s first customers include leading brands like Angry Birds, Intersport, JOY, Reima, Outnorth and Sanoma’s Huuto.
  • Oddlygood Global — Oddlygood is a processor of oat-based milks and yogurts as well as plant-based cheese and other dairy alternatives
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Teemu Jokinen
Angel · Helsinki, Southern Finland, Finland · 2 investments in Finland Marketplace startups

Experienced founder, board member, advisor and investor. Currently in 20+ companies (early stage) angel / pre-seed investor. Focus on SaaS, platforms, marketplaces and deep tech.

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Investment focus

  • Industry: Software, SaaS, Marketplace
  • Stage:Pre-Seed, Angel
  • Geography: Finland

Investor stats

  • Total investments: 6
  • Round size: Pre-Seed $149k–$2.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
  • Fiksuvuokraus.fi — Fiksuvuokraus.fi is an apartment renting platform for long-term contracts. In our service, the rental process is simplified and accelerated with the latest technologies that are primarily used only for apartment selling. We think that also rental apartments deserve to be found with modern tools.
  • SeeTrue Technologies — Ultra-low-power eye tracking from SeeTrue delivers accurate gaze data for AR/VR, microscope & camera eyepieces and wearables, powered by custom sensors.
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Otto Hilska
Angel · 2 investments in Finland Marketplace startups

Otto is a serial entrepreneur who started his first software company at the age of 18. His second company Flowdock raised money from Silicon Valley and got acquired by Rally Software in 2013. After that he spent four years scaling Smartly.io from 30 to 350 people as the Chief Product Officer.After leaving Smartly.io, Otto started working on yetanother startup. Founded in November 2019, Swarmia is building a B2B SaaS product to help self-organizing software teams to continuously improve their ways of working based on data from development tools.Otto has served as the chairman of Startup Foundation, that’s behind the Slush conference, Junction hackathon, Maria 0-1 startup space, and many other ecosystem projects.

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Investment focus

  • Industry: E-Commerce, Advertising, Electronics
  • Stage:Seed, Series A
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Round size: Seed $982k–$1.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Solu — Solu.co is a Fastest Growing hub for Technology, How-to, Gadgets, Entertainment, Lifestyle, Digital Marketing And Business Ideas.
  • Swappie — Buy refurbished iPhones at an affordable price - Swappie offers refurbished and cheap iPhones with a free 12-month Swappie warranty.
  • Smartly.io — Smartly.io automates every step of social advertising to unlock greater performance and creativity on Facebook, Instagram, and Pinterest.
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Mobility Ventures
VC Fund · Addison, Texas, United States · 2 investments in Finland Marketplace startups

MOBILITY VENTURES: WE HELP ENTREPRENEURS SUCCEED!

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Investment focus

  • Industry: Mobile, Apps, Retail
  • Stage:Seed, Angel, Series C
  • Geography: Spain, Finland, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • 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.
  • InnerWireless — InnerWireless, Inc. provides in-building wireless and RFID solutions to healthcare, enterprise, government, and hotel/gaming markets. InnerWireless solutions provide in-building wireless wide area network (WAN) and WLAN solutions for voice, data, multimedia, location, and other wireless services to the mobile workforce. It offers WirelessUtility, a broadband infrastructure that provides wireless signal coverage for mobility, communication, and real-time access to data. This solution also provides access to WAN services, including cellular services, paging capability, two-way radio service, first responder technology, WiFi access, enterprise voice service, and building automation and security. InnerWireless offers Horizon Converged Wireless platform for wide area services, building distribution, local area services, and segment distribution; and PanGo Unified Asset Visibility platform for asset, workflow, and inventory management, as well as to aggregate and synthesize data from various RTLS, RFID, and sensor sources. InnerWireless, Inc. was formerly known as E-tron Technologies, Inc.InnerWireless was founded in 1998 and is headquartered in Richardson, Texas.
  • Eelp! — Eelp! is an app to delegate all personal daily needs busy people have, 365. Taking your car for a wash, pet-sitting your dog while traveling, doing groceries, sending a physiotherapist home, a manicure to the office, a cab to the airport.. an Eelper will manage that for you, with best providers at best price, happy to Eelp.
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Jerry Pruttz Holding Ab
VC Fund · 2 investments in Finland Marketplace startups

Investor

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Investment focus

  • Industry: Video, Database, Internet
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Grumblo — Your digital marketing business partner specializing in motorsport, performance, and car-enthusiast markets.
  • Klevu — Klevu Oy is a self-learning search engine that helps online retailers turn visitors into customers. Its search for SMEs focuses on fast, relevant search with actionable insights into shoppers’ search and easy self-service integration.Klevu Oy’s enterprise edition provides natural language search with ease of catalog maintenance and insights intoshopping experience. It is based in Helsinki, Southern Finland.
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Tera Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Finland Marketplace startups

Tera Ventures is an international investment firm based in Estonia.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 66
  • Round size: Seed $531k–$4.2M; Pre-Seed $120k–$2.2M; Series A $1.6M–$12M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Secfense — Secfense User Access Security Broker is a network traffic broker that learns the traffic patterns related to authentication and builds an additional security layer between users and their applications.Secfense broker is not a 2FA method. Secfense broker is a tool that enables a quick & easy setup of any 2FA method or authentication standardavailable on the market and introduces it without interfering with applications existing code or database.Without Secfense broker, the 2FA integration often requires changes in the apps' code and then manual check, which can take forever when there are hundreds of apps to protect.Secfense broker streamlines the process by taking over the traffic. The broker knows to which app the user wants to log in, and it asks the user to apply the 2FA method that was chosen for this specific app. Thanks to the Secfense broker the 2FA implementation process is quick & painless across the entire organization. Our customers can also easily switch to any other 2FA method available on the market connecting it with any application or device they need.
  • Brainbase — Unified Licensing Management Software. Track and visualize brand performance, contracts, and royalties. Manage approvals, track deals, and spot contract violations.
  • Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.
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SanomaVentures
VC Fund · Hoofddorp, Noord-Holland, The Netherlands · 2 investments in Finland Marketplace startups

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

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Investment focus

  • Industry: Internet, SEO, Finance
  • Stage:Seed, Series A
  • Geography: Finland, The Netherlands

Investor stats

  • Total investments: 5
  • Round size: Seed $466k–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Venuu — Venuu is an event services company that provides solutions for parties, weddings, seminars, meetings and other events. To venue owners, it provides a cost-effective sales and marketing channel to find customers. The company was founded in 2013 and headquartered in Southern Finland, Finland.
  • Peerby Classic — Borrow and rent goods from others nearby - affordable, convenient and green. Tools, bikes, party equipment, electronics and more. Try it now.
  • Yogaia — Yogaia is the first live, interactive online yoga studio in the world. With Yogaia, the studio is where you are, allowing you to attend classes in the convenience of your home with professional teacher instructing you personally via webcam. Yogaia is available on desktop, iOS, Android and Apple TV in English, German and Finnish.
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Lasse Järvinen
Angel · Helsinki, Southern Finland, Finland · 2 investments in Finland Marketplace startups

Serial Entrepreneur and Investor in Internet Businesses and Marketplaces | Board Professional | Co-Founder at DealGuru and Bonusway

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Investment focus

  • Industry: Software, E-Commerce, Marketplace
  • Stage:Angel, Seed
  • Geography: Finland, Canada, Sweden

Investor stats

  • Total investments: 8
  • Round size: Angel $53k–$159k
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • DealGuru — DealGuru is a stealth startup in a ecommerce space.
  • Serviceform — Welcome to future of communication - the truly all-in-one conversion and management software built for established businesses. Start now!
  • Fiksuvuokraus.fi — Fiksuvuokraus.fi is an apartment renting platform for long-term contracts. In our service, the rental process is simplified and accelerated with the latest technologies that are primarily used only for apartment selling. We think that also rental apartments deserve to be found with modern tools.
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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Marketplace startups

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.

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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
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David Helgason
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Finland Marketplace startups

David is a technologist, the founder of Unity Technologies, non-exec director to others, and a restless entrepreneur with a passion for creating feedback loops between innovation and teams and products, applying new and old business models to changing industries, and pushing people to do the very best they can do.David's background is inprogramming, an assortment of university dabbling, creating companies, and helping entrepreneurs. He served as CEO of Unity Technologies since co-founding it in 2003 and until October 2014, with an unflinching vision to democratize game development, and to develop technology and business models for the next phase of the games industry. David Helgason attended the University of Copenhagen.

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Investment focus

  • Industry: Software, Gaming, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Denmark, Finland

Investor stats

  • Total investments: 71
  • Round size: Seed $1.1M–$8M; Series A $4.3M–$30M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • Yousician — Yousician is a fun way to learn the guitar, piano, bass, ukulele or singing. Enjoy thousands of songs with Yousician as your personal music teacher!
  • Absurd:Joy — absurd:joy is bringing joy to remote collaboration with Tangle
  • Noice — Join the team build an awesome combo of social x playful x platform.
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Alfvén & Didrikson
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Finland Marketplace startups

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

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Series B, Series A
  • Geography: Sweden, United Kingdom, Finland

Investor stats

  • Total investments: 15
  • Round size: Series A $5M–$12M; Series B $5M–$175M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Onto — Gotmoves ensures reliable, stress-free vehicle delivery with professional drivers, precise ETAs, and real-time automated updates.
  • Airmee — Airmee provides a new last mile delivery solution. Whether you want to integrate Airmee into your webshop or simply book a local delivery today, we’ve got you covered. Airmee gives customers more – a great deal more – choice and convenience. Items when you want them. Where you want them. In as fast as an hour.
  • Open Payments — Open Payments connects you to multiple banks through one single unified API. This removes the complexity and frictions of many diverse integrations
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Anthemis
VC Fund · London, England, United Kingdom · 2 investments in Finland Marketplace startups

digitally native finance

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 253
  • Round size: Seed $1.3M–$7M; Series A $4M–$24M; Series B $10M–$60M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $150M in 2021

Portfolio highlights

  • Tremor — Tremor designs, builds & manages SmartMarkets utilize state-of-art auction technologies & optimization techniques.
  • TrueLayer — We power faster and safer online payments with our open banking payments network. Onboard users, accept payments & make payouts in seconds. Learn more today.
  • Maxwell Financial Labs — Hi, we're Maxwell. We’re on a mission to revolutionize the $8.5T residential mortgage market by reimagining how mortgage lenders collaborate with homebuyers and real estate agents to buy a home. We connect our hundreds of lenders onto one seamless, intuitively-designed platform, so the focus isn’t the paperwork, it’s the place to call home.Today, hundreds of lenders across the United States use Maxwell’s digital mortgage platform to originate billions in mortgage loans each month at a cycle time 45 percent faster than the national average.
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Marianne Vikkula
Angel · Helsinki, Southern Finland, Finland · 2 investments in Finland Marketplace startups

Marianne Vikkula

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Investment focus

  • Industry: Wholesale, E-Commerce, Marketplace
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Bought — Everything you've bought, automatically ready for resale.
  • Droppe — Order work equipment directly from manufacturers. Support small businesses and source more responsibly from local and European manufacturers. Order from several suppliers at the same time with one shopping cart. Test samples for free and order products for your workplaces without extra hassle. Find nitrile gloves, protective clothing, work gloves, work accessories, disposable gloves, disinfectants, sanitizers and other supplies in one place.
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Marketplace Investor funding in Finland at a glance

Stats across 204 deals from 200 investors.

200
investors
in Finland Marketplace startups
204
deals
in Finland Marketplace startups
$1.3M
median round
in Finland Marketplace startups
39%
lead investors
lead at least one round
39%
Seed
most common funding stage
74/26
VC / Angel
share of investor count

Access all 200 investors in Finland Marketplace startups.

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