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Top 10 Oil and Gas Startup Investors in Finland (July 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
Nordic Investment Bank
VC Fund
2 Sweden, Finland, Norway Debt Financing, Post-IPO Debt Energy, Real Estate, Manufacturing $16M–$290M
Liquido.VC
VC Fund
1 Finland Seed Energy, Software, Education
Stephen Industries
VC Fund
1 Finland, Sweden Seed, Series A, Pre-Seed Software, Health Care, Biotechnology $330k–$45M
Springvest
VC Fund
1 Finland Series A, Seed Biotechnology, Health Care, Energy $1.6M–$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–$4.3M
Turret Oy
VC Fund
1 Finland Seed, Series A Energy, Farming, Seafood $2.7M–$45M
Valve Ventures
VC Fund
1 Finland Seed, Series A Energy, CleanTech, Oil and Gas $1.1M–$30M
Finow
VC Fund
1 Finland Series A Energy, Oil and Gas, Real Estate
Korkia
VC Fund
1 Finland Energy, Oil and Gas, Renewable Energy
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Nordic Investment Bank
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Oil and Gas startups, 29 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: 92
  • Round size: Post-IPO Debt $36M–$290M; Debt Financing $16M–$191M
  • Lead/follow: 87% lead, 13% 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.
  • Neste — Neste creates sustainable aviation fuel, renewable diesel, and renewable feedstock solutions for the polymers and chemicals industries. Its global range of products and services allows customers to lower their carbon footprint by combining high-quality renewable products and oil products with tailor-made service solutions. Neste is a majorproducer of renewable diesel and renewable aviation fuel. They are recognized for their efforts in developing and commercializing advanced biofuels that aim to reduce greenhouse gas emissions. The company places a strong emphasis on sustainability and is committed to producing renewable and low-carbon products. Their goal is to contribute to a more sustainable future by providing alternatives to conventional fossil fuels. It is involved in the concept of the circular economy, where it aim to turn waste and residues into valuable raw materials. This approach aligns with their commitment to sustainability and reducing the environmental impact of their operations. While historically known as an oil refining company, Neste has strategically shifted its focus towards renewable solutions and sustainable business practices.
  • Tide — Tide is Norway's second-largest bus company and one of the largest bus players in Denmark. Tide has more than 5,000 employees, 2,150 buses, and an annual turnover of more than NOK 3 billion. They are a key player when new and more environmentally friendly technologies are implemented in our industry.
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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: Software, Health Care, Biotechnology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, Sweden

Investor stats

  • Total investments: 17
  • Round size: Seed $1.2M–$8.2M; Pre-Seed $330k–$4.3M; Series A $8.3M–$45M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • AlixLabs — AlixLabs is a Swedish semiconductor startup, founded in 2019.
  • Cronvall
  • Freepress.ai — Freepress operates with an AI-driven virtual news editor that analyzes hundreds of thousands of publicly available and licensed articles from different countries.
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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: 23
  • Round size: Seed $1.6M–$7.6M; Series A $3.6M–$53M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
  • MedicubeX — MedicubeX aims to revolutionize preventive healthcare by building a network of autonomous self-measurement and telehealth eHealth Stations. We are the most advanced health kiosk and the first one in the Nordics. The eHealth Station offers regular clinical-grade medical check-ups for everyone regardless of location.
  • CurifyLabs — CurifyLabs enables 3D printed personalized medicines in pharmacies and hospitals. Always close to the patient.
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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: 190
  • 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

  • ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
  • 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: 87
  • Round size: Seed $373k–$2.1M; Pre-Seed $110k–$4.3M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Zenniz — Zenniz is an ITF approved game tracking solution that provides real-time info, such as automated line calling, stroke and serve speeds, shot charts, match statistics and more. Players and coaches at all levels can use Zenniz on and off the court to help improve their game. For tennis clubs, Zenniz is an easy and cost-effective way to upgrade to thenext level. Due to a new, innovative sensor technology, they’ve been able to keep the cost to a minimum, making Zenniz accessible for all clubs, coaches and players.
  • CooliBlade — Superior power electronics cooling solutions for applications like solar and wind energy, energy storage, EV charging and telecommunications.
  • Polar Light Technologies — Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.
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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: 10
  • Round size: Seed $2.7M–$8.2M; Series A $30M–$45M
  • Lead/follow: 30% lead, 70% 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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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–$30M
  • 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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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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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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Oil and Gas Investor funding in Finland at a glance

Stats across 16 deals from 22 investors.

22
investors
in Finland Oil and Gas startups
16
deals
in Finland Oil and Gas startups
$16M
median round
in Finland Oil and Gas startups
41%
lead investors
lead at least one round
38%
Debt Financing
most common funding stage
95/5
VC / Angel
share of investor count

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