# Peter Vesterbacka

> Peter Vesterbacka is a pre-seed investor at Finest Bay Area backing Software. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Finest Bay Area](https://shizune.co/investors/profile/finest-bay-area)
- Location: Helsinki, Finland
- Total investments: 6
- Last investment: Nov 2024
- Lead investor: 17%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/petervesterbacka
- X (Twitter): http://twitter.com/pvesterbacka
- Website: https://x.com/pvesterbacka
- Facebook: http://www.facebook.com/petervesterbacka

Peter Vesterbacka is a pre-seed investor at Finest Bay Area in Helsinki focused on Software and Artificial Intelligence. Peter Vesterbacka is the Founder at FinEst Bay Area, Mobile Monday, and Slush. He served as the Chief Marketing Officer and Mighty Eagle of Rovio Entertainment Oy. Vesterbacka manages the Rovio Entertainment’s business strategy, including expanding Angry Birds into broader entertainment franchise. He serves as Senior Advisor of Transfluent Oy.Previously, he has founded Some Bazaar, he has held several communications industry related positions at Hewlett Packard and founded the Hewlett Packard Mobile E Services Bazaar and he is the co-founder and original initiator of MobileMonday. He serves as a Director of Star Wreck Studios, Start Up Sauna, BlueGiga Technologies Oy, Oy Filmkompaniet Alpha Ab and American Chamber of Commerce in Finland. He served as a Director of F-Secure Oyj since 2014 until April 7, 2015. Vesterbacka has studied marketing at Åbo Akademi.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 50% |
| Artificial Intelligence | 3 | 50% |
| SaaS | 1 | 17% |
| Gaming | 1 | 17% |
| Fashion | 1 | 17% |

25 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 3 | 50% |
| Seed | 2 | 33% |
| Series A | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Estonia | 2 | 33% |
| Finland | 2 | 33% |
| Faroe Islands | 1 | 17% |
| United States | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Snorble | Snorble is a company dedicated to the development of AI-based products designed to support families in fostering healthy habits through magical experiences. Built on our Lullaboo™ platform, we connect advanced technologies and entertainment content with health and wellness. Our flagship product is an AI-driven device named Snorble® who captures theimaginations of children while building healthy habits (with an initial focus on sleep). |  | Seed | Nov 18, 2024 |  |
| HeiTech Ltd (HeiTech Oy) (Hei.io) | Hei.io - AI Dubbing for Events & Video The need for on-demand and spontaneous voiceover interpretation of videos was inflamed by the language barriers, making it difficult, inconvenient, and expensive for people to get real-time information through videos and meetings. Using AI, our software can automatically transcribe, caption, and voiceoverall of content into any language, and into any format possible. |  | Pre-Seed | Apr 01, 2022 |  |
| Ready Player Me | Wolf3D is a developer of 3D printing and scanning platform for virtual reality and games. Its platform offers 3D printing of human sculptures using ultrasound data and creates models of bones and organs for surgical planning and for use in games and virtual reality helping developers to integrate 3D models into existing games, game engines, or VRapplications. | $13M | Series A | Dec 28, 2021 |  |
| Edumus | Edumus is a marketplace and platform that enables specialists from different fields and industries to join schools as part-time teachers. | $218K | Pre-Seed | Jun 11, 2021 |  |
| Polka Dot Studio | PolkaDot, based in Helsinki, Finland, is a female led mobile games studio that creates fashion and lifestyle games for women. This is highly underserved audience with big spending potential and demand for new experiences. Our first game is a social mobile game where female players can interact with the brands they know, and influencers theyidolize, through fashion, in a fun and rewarding way. | $650K | Seed | Jan 17, 2018 |  |
| Usable | The biggest challenge in AI isn't model capability — it is long-term memory. Models have limited context, and existing solutions can't be shared across teams, technologies, or time. Usable solves this with a cross-AI team repository featuring elegant primitives, dual vector/graph intelligence, and an event-sourcing architecture basedon Flowcore Platform. Slush 100 semifinalists in 2024. |  | Pre-Seed |  |  |

6 of 6 investments shown.

## Co-investors
- [Samsung NEXT](https://shizune.co/investors/profile/samsungnext) — VC Fund, 2 deals together
- [Konvoy](https://shizune.co/investors/profile/konvoy-ventures) — VC Fund, 1 deal together
- [Mavaconsult](https://shizune.co/investors/profile/mavaconsult) — VC Fund, 1 deal together
- [NordicNinja VC](https://shizune.co/investors/profile/nordicninja-vc) — VC Fund, 1 deal together
- [Nuard Ventures](https://shizune.co/investors/profile/nuard-ventures) — VC Fund, 1 deal together
- [Nutshell Invest OU](https://shizune.co/investors/profile/nutshell-invest-ou) — VC Fund, 1 deal together

## About Finest Bay Area

VC Fund



1 contacts available at Finest Bay Area.

| Name | Title | Profile |
| --- | --- | --- |
| Peter Vesterbacka | Founder | https://shizune.co/investors/profile/peter-vesterbacka |

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## FAQ

### What does Peter Vesterbacka invest in?

Peter Vesterbacka invests primarily in Software, Artificial Intelligence and SaaS startups, most often at Pre-Seed and Seed stage. Most of the 6 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Peter Vesterbacka last invest?

The most recent investment recorded for Peter Vesterbacka closed in Nov 2024. Shizune tracks 6 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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