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Top 10 Oil and Gas Startup Investors in Finland (June 2026)

The most active venture capital funds and angel investors investing in Finland Oil and Gas startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Oil and Gas startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Finow
VC Fund
1 Finland Series A Energy, Oil and Gas, Real Estate
Valve Ventures
VC Fund
1 Finland Seed, Series A Energy, CleanTech, Oil and Gas $1.1M–$6.7M
Liquido.VC
VC Fund
1 Finland Seed Energy, Software, Education
Stephen Industries
VC Fund
1 Finland, Sweden Seed, Pre-Seed, Series A Health Care, Biotechnology, Apps $330k–$45M
Nordic Investment Bank
VC Fund
1 Sweden, Finland, Norway Debt Financing, Post-IPO Debt Energy, Real Estate, Manufacturing $16M–$1.5B
Korkia
VC Fund
1 Finland Energy, Oil and Gas, Renewable Energy
Springvest
VC Fund
1 Finland Series A, Seed Biotechnology, Health Care, Energy $1.5M–$53M
Lifeline Ventures
VC Fund
1 Finland, United States, United Kingdom Seed, Series A Software, Health Care, E-Commerce $547k–$20M
Butterfly Ventures
VC Fund
1 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $110k–$4.4M
Turret Oy
VC Fund
1 Finland Seed, Series A Energy, Farming, Seafood $2.7M–$45M
Access all 21 investors in Finland Oil and Gas startups.

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Investor list

Finow
VC Fund · 1 investments in Finland Oil and Gas startups

Finow

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Investment focus

  • Industry: Energy, Oil and Gas, Real Estate
  • Stage:Series A
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woodio — Woodio is a digital designing agency.
  • Griffin Refineries — Griffin Refineries is a Finnish circular economy company that provides innovative waste management solutions globally.
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Valve Ventures
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Oil and Gas startups

Valve Ventures is a Helsinki-based angel and early-stage venture investor.

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Investment focus

  • Industry: Energy, CleanTech, Oil and Gas
  • Stage:Seed, Series A
  • Geography: Finland

Investor stats

  • Total investments: 9
  • Round size: Seed $1.1M–$1.8M; Series A $4.4M–$6.7M
  • Lead/follow: 11% lead, 89% 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.
  • QHeat — QHeat offers Clean geothermal energy solutions for sustainable built environments
  • Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
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Liquido.VC
VC Fund · 1 investments in Finland Oil and Gas startups

We help startups in building pre-seed and seed financing rounds from designing the pitch deck to closing the round. We also build our own startup portfolio by investing and supporting the carefully selected growth companies.

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Investment focus

  • Industry: Energy, Software, Education
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Seppo — Seppo is an online programme for creating educational games. It can be used on all levels from pre-school to university.
  • Polar Night Energy — Polar Night Energy - Seasonal heat storage in district heating and industrial applications. The energy revolution is here.
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Stephen Industries
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Oil and Gas 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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Nordic Investment Bank
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Oil and Gas startups, 15 in the past 12 months

NIB finances projects that improve competitiveness and the environment of the Nordic and Baltic countries. The Bank offers long-term loans and guarantees on competitive market terms to its clients in the private and public sectors. NIB is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania,Norway and Sweden. The Bank has lending operations both in and outside its member countries. NIB acquires the funds for its lending by borrowing on the international capital markets. NIB's bonds enjoy the highest possible credit rating. NIB's vision is a prosperous and sustainable Nordic-Baltic region. NIB works towards that goal by financing projects that improve competitiveness and the environment of their member countries. Through this, NIB is living up to their promise of financing the future. NIB's core values are competence, commitment and cooperation. By providing long-term loans to its customers, NIB makes a lasting impact on the competitiveness and environment of the region. NIB is a reliable source of long-term funding for its customers. All projects are reviewed from the sustainability perspective. Therefore a NIB loan may be regarded as a quality stamp. NIB only finances specific investment projects that fulfil the Bank’s mission.

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Investment focus

  • Industry: Energy, Real Estate, Manufacturing
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Sweden, Finland, Norway

Investor stats

  • Total investments: 55
  • Round size: Post-IPO Debt $36M–$1.5B; Debt Financing $16M–$339M
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • Gren — Gren's ambition is to enable customers, businesses, cities, and partners alike, to thrive, whatever they might be up to, because needs and goals are what really matter. Their heating and cooling business used to be part of the large energy utility Fortum's business in the Baltic countries, with a track record of pioneering spanningdecades.
  • Orkuveitan — Orkuveitan is an energy and utility company, owns and operates geothermal power stations to provide electricity and hot water to industries and households. They also act as a communications firm that installs and operates a fiber optic network connecting homes and businesses.
  • Reitir Fasteignafelag — Reitir Fasteignafelag owns, leases, and manages commercial properties. Their property portfolio includes office space, retail space, specialized commercial space, and a hotel, as well as ambitious development projects.
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Korkia
VC Fund · 1 investments in Finland Oil and Gas startups

Korkia is a private equity firm that makes investments in renewable energy and clean tech sectors. It also specializes in alternative investment fund management and also provides financial advisory and consultancy services.

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Investment focus

  • Industry: Energy, Oil and Gas, Renewable Energy
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Griffin Refineries — Griffin Refineries is a Finnish circular economy company that provides innovative waste management solutions globally.
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Springvest
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Oil and Gas startups

The Citizenship Fund started out when the founders of the company discovered in their previous positions that a promising Finnish growth company will spend a great deal of time and energy in arranging financing. A good business idea and a team with excellent team could take months in financial negotiations and the outcome could be a return to thestart-up. At the same time, investors often wanted new types of higher potential investments alongside traditional alternatives.These two challenges were possible by removing the promising growth companies as investors, even for non-traditional venture capital investors. Citizenship wanted to create a service in which the company would be able to capitalize on business quickly and flexibly, but the decision-making business would be left to the company itself. From today's point of view, Springvest's goal is that an increasing number of Finnish investors can get involved in the story of Finnish growth companies and potential success.

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Investment focus

  • Industry: Biotechnology, Health Care, Energy
  • Stage:Series A, Seed
  • Geography: Finland

Investor stats

  • Total investments: 22
  • Round size: Seed $1.5M–$7.6M; Series A $3.6M–$53M
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
  • Volare — Refining food industry side streams into sustainable protein, oil and fertilizers.
  • CurifyLabs — CurifyLabs enables 3D printed personalized medicines in pharmacies and hospitals. Always close to the patient.
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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Oil and Gas 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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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 1 investments in Finland Oil and Gas 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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Turret Oy
VC Fund · Uusimaa, Southern Finland, Finland · 1 investments in Finland Oil and Gas startups

Turret Oy is an investment vehicle controlled by Paul Ehrnrooth

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Investment focus

  • Industry: Energy, Farming, Seafood
  • Stage:Seed, Series A
  • Geography: Finland

Investor stats

  • Total investments: 9
  • Round size: Seed $2.7M–$8.3M; Series A $33M–$45M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Digitalist — Say hello to Digitalist in Finland, your true partner for digital transformation. From customer experience consulting to cutting-edge technology services, we help businesses to future-proof their operations.
  • TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
  • Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
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Oil and Gas Investor funding in Finland at a glance

Stats across 12 deals from 21 investors.

21
investors
in Finland Oil and Gas startups
12
deals
in Finland Oil and Gas startups
$9.7M
median round
in Finland Oil and Gas startups
38%
lead investors
lead at least one round
33%
Debt Financing
most common funding stage
95/5
VC / Angel
share of investor count

Access all 21 investors in Finland Oil and Gas startups.

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