# Juha Lehtola

> Juha Lehtola is a Series B investor at Tesi (Helsinki) backing Software and Apps. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Tesi](https://shizune.co/investors/profile/tesi)
- Location: Helsinki, Finland
- Total investments: 9
- Last investment: Nov 2025
- Lead investor: 11%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/juha-lehtola-1765b

Juha Lehtola is a Series B investor at Tesi in Helsinki focused on Software and Apps. Juha Lehtola has a combination of professional experience in the venture capital and ICT industries. Before joining Nordic Venture Partners in 2007, Juha worked with Aura Capital where he has completed a number of early stage VC investments across different technology sectors in Finland. His prior work experience includes sales and internationalbusiness development in the software industry, latest at QPR Software which is a Finnish enterprise software company listed in the Helsinki Stock Exchange.Juha's academic credentials include an M.Sc. in Industrial Management from Helsinki University of Technology.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 33% |
| Apps | 1 | 11% |
| SaaS | 1 | 11% |
| EdTech | 1 | 11% |
| Mining | 1 | 11% |

24 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 3 | 33% |
| Series A | 2 | 22% |
| Venture - Series Unknown | 2 | 22% |
| Seed | 1 | 11% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| NestAI | NestAI is building next-generation AI for unmanned vehicles, autonomous operations, and command and control (C2) platforms across logistics, inspection, surveillance, security, and defense domains. | $115.3M | Venture - Series Unknown | Nov 20, 2025 |  |
| IQM Quantum Computers | IQM Quantum Computers builds and delivers superconducting full-stack quantum computer systems and cloud services designed for research institutions and developers. It offers several products including Spark, a compact 5-qubit system for academic use, Radiance, a scalable platform with configurations from 20 to 150 qubits, and Resonance, a managedcloud service that provides high-fidelity quantum processors with tools, algorithm libraries, and pulse-level programmability. The company develops hardware topologies such as Crystal and Star, which enhance connectivity and aim to support error-corrected, fault-tolerant computing through the integration of quantum error-correction codes. In addition, IQM provides developer-focused resources such as SDKs, multi-framework compatibility, and educational programs to facilitate quantum algorithm experimentation. | $320M | Series B | Sep 03, 2025 |  |
| IQM Quantum Computers | IQM Quantum Computers builds and delivers superconducting full-stack quantum computer systems and cloud services designed for research institutions and developers. It offers several products including Spark, a compact 5-qubit system for academic use, Radiance, a scalable platform with configurations from 20 to 150 qubits, and Resonance, a managedcloud service that provides high-fidelity quantum processors with tools, algorithm libraries, and pulse-level programmability. The company develops hardware topologies such as Crystal and Star, which enhance connectivity and aim to support error-corrected, fault-tolerant computing through the integration of quantum error-correction codes. In addition, IQM provides developer-focused resources such as SDKs, multi-framework compatibility, and educational programs to facilitate quantum algorithm experimentation. | $130.7M | Series A | Jul 22, 2022 |  |
| Wirepas | Wirepas vision is to enable profitable large-scale business for their customers by unique multi-hop mesh network solution in the fast growing Internet of Things market. Wirepas Pino is the only connectivity solution in the market offering deterministic performance, local radio adaptability capability and very high reliability at any scale, solvingone of the most common problems in IoT platforms. | $11.8M | Venture - Series Unknown | Sep 01, 2021 |  |
| MaaS Global | MaaS Global is the Mobility-as-a-Service operator, is set to change how people move in the future. As the world’s first-ever mobility operator, they’re set to make the biggest change in transport since affordable cars came to market. They aim to provide people an alternative to owning a car – an alternative that is not just equally good, but muchbetter. By fulfilling people’s every travel need, complemented by attractive value-added services, they are enabling a future of easy, efficient, and sustainable mobility. | $12.9M | Series B | Aug 25, 2021 |  |
| HEI Schools | HEI Schools has packaged the Finnish early learning model to benefit the different needs of early education operators around the world. HEI Schools Toolkit digital customers can get ahead of the competition by advertising that they are using a Finnish-based curriculum, as well as save in teacher resources & planning time with continuouslyupdated lesson plans. The Teacher Certificate program participants can learn more about the world-renowned and highly sought-after Finnish educational model. HEI Schools Learning Center customers get to enjoy a turn-key concept with a fully branded model, including teacher training, beautiful space design, global community, and operational support in addition to the high-quality curriculum. | $2.4M | Series A | Apr 11, 2021 |  |
| IQM Quantum Computers | IQM Quantum Computers builds and delivers superconducting full-stack quantum computer systems and cloud services designed for research institutions and developers. It offers several products including Spark, a compact 5-qubit system for academic use, Radiance, a scalable platform with configurations from 20 to 150 qubits, and Resonance, a managedcloud service that provides high-fidelity quantum processors with tools, algorithm libraries, and pulse-level programmability. The company develops hardware topologies such as Crystal and Star, which enhance connectivity and aim to support error-corrected, fault-tolerant computing through the integration of quantum error-correction codes. In addition, IQM provides developer-focused resources such as SDKs, multi-framework compatibility, and educational programs to facilitate quantum algorithm experimentation. | $41.4M | Series A | Nov 10, 2020 |  |
| IQM Quantum Computers | IQM Quantum Computers builds and delivers superconducting full-stack quantum computer systems and cloud services designed for research institutions and developers. It offers several products including Spark, a compact 5-qubit system for academic use, Radiance, a scalable platform with configurations from 20 to 150 qubits, and Resonance, a managedcloud service that provides high-fidelity quantum processors with tools, algorithm libraries, and pulse-level programmability. The company develops hardware topologies such as Crystal and Star, which enhance connectivity and aim to support error-corrected, fault-tolerant computing through the integration of quantum error-correction codes. In addition, IQM provides developer-focused resources such as SDKs, multi-framework compatibility, and educational programs to facilitate quantum algorithm experimentation. | $12.6M | Seed | Jul 09, 2019 |  |
| Wirepas | Wirepas vision is to enable profitable large-scale business for their customers by unique multi-hop mesh network solution in the fast growing Internet of Things market. Wirepas Pino is the only connectivity solution in the market offering deterministic performance, local radio adaptability capability and very high reliability at any scale, solvingone of the most common problems in IoT platforms. | $15.8M | Series B | May 14, 2019 |  |

9 of 9 investments shown.

## Co-investors
- [Maki.vc](https://shizune.co/investors/profile/maki-vc) — VC Fund, 3 deals together
- [OpenOcean](https://shizune.co/investors/profile/open-ocean) — VC Fund, 3 deals together
- [Vito Ventures](https://shizune.co/investors/profile/vito-ventures) — VC Fund, 3 deals together
- [Bayern Kapital](https://shizune.co/investors/profile/bayern-kapital) — VC Fund, 2 deals together
- [Salvia](https://shizune.co/investors/profile/salvia-gmbh) — VC Fund, 2 deals together
- [Varma Mutual Pension Insurance Company](https://shizune.co/investors/profile/varma-mutual-pension-insurance-company) — VC Fund, 2 deals together

## About Tesi

VC Fund · Helsinki, Finland

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

5 contacts available at Tesi.

| Name | Title | Profile |
| --- | --- | --- |
| Henri Grundsten | Director | https://shizune.co/investors/profile/henri-grundsten |
| Juha Lehtola | Head of Direct VC Investments | https://shizune.co/investors/profile/juha-lehtola |
| Heli Kerminen | Director, Venture Capital Investments | https://shizune.co/investors/profile/heli-ahlroos |
| Jan Sasse | CEO | https://shizune.co/investors/profile/jan-sasse |
| Joni Karsikas | Investment Director | https://shizune.co/investors/profile/joni-karsikas |

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## FAQ

### What does Juha Lehtola invest in?

Juha Lehtola invests primarily in Software, Apps and SaaS startups, most often at Series B and Series A stage. Most of the 9 investments tracked by Shizune back companies in Finland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Juha Lehtola last invest?

The most recent investment recorded for Juha Lehtola closed in Nov 2025. Shizune tracks 9 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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