# Miston

> Miston is a VC fund in Espoo backing Music, Mobile and Industrial. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Espoo, Finland
- Total investments: 2
- Last investment: Nov 2019
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.miston.fi

Miston is a Finnish based private investment company with decades of experience.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Music | 1 | 50% |
| Mobile | 1 | 50% |
| Industrial | 1 | 50% |
| Machine Learning | 1 | 50% |
| Internet of Things | 1 | 50% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 1 | 50% |
| Funding Round | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Distence | Downtime cuts industrial productivity leading to €158b in losses p.a. in EU alone. With fully integrated edge computing and cloud technology, we offer a true prescriptive health management system for industrial assets to maximize machine health. The solution serves as a platform for machinelearning and AI. This intelligence enables its users tooptimise the usage and maintenance of their equipment, creating vast energy and maintenance savings. Distence’s specialty is in rotating machinery with the combination of vibration analysis and other continuous condition monitoring methodologies. Distence has delivered thousands of machine health solutions to more than 40 countries worldwide, including major clients such as Moventas (wind turbine gears), ABB, DB Santasalo, Danfoss and Skanska (construction crane intelligence). | $3.4M | Series B | Nov 01, 2019 |  |
| Mobile Backstage | Mobile Backstage is a FRM (Fan Relationship Management) platform, that changes the way anyone with a fan-base, such as bands and artists, connect with their fans. Mobile Backstage believe that a true fan is worth a million listeners, and can help to identify who they are and provide a platform to build a community, increase fan engagement andboth manage & monetize fan relationships.Mobile Backstage have apps for different platforms, such as Facebook, iOS and Android, to interact with fans. Customers include major music companies and bands like Evanescence. | $1.1M |  | May 08, 2012 |  |

2 of 2 investments shown.

## Co-investors
- [Finnvera Venture Capital](https://shizune.co/investors/profile/finnvera-venture-capital) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Warner Music Group](https://shizune.co/investors/profile/warner-music-group) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Goodwater Capital](https://shizune.co/investors/profile/goodwater-capital) — VC Fund

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

### Similar country
- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund
- [Lifeline Ventures](https://shizune.co/investors/profile/lifeline-ventures) — VC Fund
- [Tesi](https://shizune.co/investors/profile/tesi) — VC Fund

## Featured in investor lists
- [Music Investors in Finland](https://shizune.co/investors/music-investors-finland)
- [Music VC Funds in Finland](https://shizune.co/investors/music-vc-funds-finland)

## FAQ

### What does Miston invest in?

Miston invests primarily in Music, Mobile and Industrial startups, most often at Series B and Funding Round stage. Most of the 2 investments tracked by Shizune back companies in Finland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Miston last invest?

The most recent investment recorded for Miston closed in Nov 2019. Shizune tracks 2 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co