Top 10 Oil and Gas VC Funds & Investors in Finland (June 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Nordic Investment Bank
VC Fund
|
1 | Sweden, Finland, Norway | Debt Financing, Post-IPO Debt | Energy, Real Estate, Renewable Energy | $16M–$1.3B |
|
Finow
VC Fund
|
1 | Finland | Series A | Energy, Oil and Gas, Real Estate | |
|
Liquido.VC
VC Fund
|
1 | Finland | Seed | Energy, Software, Education | |
|
Butterfly Ventures
VC Fund
|
1 | Finland, Sweden, Norway | Seed, Pre-Seed | Health Care, Software, Information Technology | $110k–$4.4M |
|
Springvest
VC Fund
|
1 | Finland | Series A, Seed | Biotechnology, Health Care, Energy | $3.6M–$53M |
|
Stephen Industries
VC Fund
|
1 | Finland, Sweden | Seed, Pre-Seed, Series A | Health Care, Biotechnology, Apps | $330k–$45M |
|
Turret Oy
VC Fund
|
1 | Finland | Seed, Series A | Energy, Farming, Seafood | $2.7M–$45M |
|
Korkia
VC Fund
|
1 | Finland | Energy, Oil and Gas, Renewable Energy | ||
|
Valve Ventures
VC Fund
|
1 | Finland | Seed, Series A | Energy, CleanTech, Oil and Gas | $4.4M–$6.7M |
|
Lifeline Ventures
VC Fund
|
1 | Finland, United States, United Kingdom | Seed, Series A | Software, Health Care, E-Commerce | $547k–$20M |
| Access all 20 VC funds in Finland Oil and Gas startups. | |||||
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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.
Show more...Investment focus
- Industry: Energy, Real Estate, Renewable Energy
- Stage:Debt Financing, Post-IPO Debt
- Geography: Sweden, Finland, Norway
Investor stats
- Total investments: 37
- Round size: Post-IPO Debt $36M–$157M; Debt Financing $16M–$1.3B
- 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.
Finow
Show more...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.
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.
Show more...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.
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.
Show more...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.
The Citizenship Fund started out when the founders of the company discovered in their previous positions that a promising Finnish growth company will spend a great deal of time and energy in arranging financing. A good business idea and a team with excellent team could take months in financial negotiations and the outcome could be a return to thestart-up. At the same time, investors often wanted new types of higher potential investments alongside traditional alternatives.These two challenges were possible by removing the promising growth companies as investors, even for non-traditional venture capital investors. Citizenship wanted to create a service in which the company would be able to capitalize on business quickly and flexibly, but the decision-making business would be left to the company itself. From today's point of view, Springvest's goal is that an increasing number of Finnish investors can get involved in the story of Finnish growth companies and potential success.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Energy
- Stage:Series A, Seed
- Geography: Finland
Investor stats
- Total investments: 20
- Round size: Series A $3.6M–$53M
- Lead/follow: 80% lead, 20% 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.
- Solar Foods — The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent onagriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.
We fund futurebreakthroughs
Show more...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.
Turret Oy is an investment vehicle controlled by Paul Ehrnrooth
Show more...Investment focus
- Industry: Energy, Farming, Seafood
- Stage:Seed, Series A
- Geography: Finland
Investor stats
- Total investments: 8
- Round size: Seed $2.7M–$8.3M; Series A $33M–$45M
- Lead/follow: 13% lead, 87% 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.
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.
Show more...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.
Valve Ventures is a Helsinki-based angel and early-stage venture investor.
Show more...Investment focus
- Industry: Energy, CleanTech, Oil and Gas
- Stage:Seed, Series A
- Geography: Finland
Investor stats
- Total investments: 6
- Round size: Series A $4.4M–$6.7M
- Lead/follow: 17% lead, 83% follow
Portfolio highlights
- Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
- Woodio — Woodio is a digital designing agency.
- 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.
Lifeline Ventures Oy is a venture capital firm specializing in startups, growth capital, and early stage investments. The firm seeks to invest in healthcare, games, web based and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. The firm targets investing between €0.5 million ($0.66million) and €1 million ($1.32 million). It seeks make inception to Series A investments. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland.
Show more...Investment focus
- Industry: Software, Health Care, E-Commerce
- Stage:Seed, Series A
- Geography: Finland, United States, United Kingdom
Investor stats
- Total investments: 178
- Round size: Seed $547k–$5.4M; Series A $2.7M–$20M
- Lead/follow: 38% lead, 62% follow
- Last fund: Likely still investing — raised $171M in 2023
Portfolio highlights
- ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
- Carbo Culture — We are a project developer with proprietary climate technology. We are building a rapidly scalable biochar carbon removal solution.
- Everywear Games — Metacore is a wearable game studio. The company was founded in 2014 by industry veterans from Remedy, Digital Chocolate and Rovio and it is the pioneer of smartwatch gaming. It’s award-winning Apple Watch launch title, Runeblade, has received worldwide recognition from press, fans and industry heavyweights and it’s games are consistently on top ofglobal charts.
Oil and Gas VC funding in Finland at a glance
Stats across 10 deals from 20 investors.
Access all 20 VC funds in Finland Oil and Gas startups.
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