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VTT Ventures, VC Fund

VTT Ventures

VC Fund

Espoo, Finland

VTT Ventures is a VC fund in Espoo focused on Manufacturing and Biotechnology. VTT Ventures Ltd.’s mission is to focus on extracting value from VTT technology in developing VTT based high-tech companies with international growth potential.

Total investments:
24
Last investment:
Lead investor:
13%

Last updated:

Industries VTT Ventures invests in

ManufacturingBiotechnologyElectronicsEnergySensor

Stages VTT Ventures invests in

SeedVenture - Series UnknownSeries ASeries BFunding Round

Countries VTT Ventures invests in

Finland

Round sizes

Seed $460k–$3.3MSeries A $1.8M–$14MVenture - Series Unknown $1.5M–$9.2M

Contacts

NameEmailPhoneSocials

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Round size

Seed
$460k–$3.3M
Series A
$1.8M–$14M
Venture - Series Unknown
$1.5M–$9.2M

Investment Focus

Industry

  • Manufacturing 5 (21%)
  • Biotechnology 4 (17%)
  • Electronics 3 (13%)
  • Energy 2 (8%)
  • Sensor 2 (8%)
See all 37 industries →

Stage

  • Seed 7 (29%)
  • Venture - Series Unknown 6 (25%)
  • Series A 3 (13%)
  • Series B 3 (13%)
  • Funding Round 1 (4%)

Team

NameTitleInvestmentsLinksEmail
Mikko Kumpulainen
Mikko Kumpulainen Vice President, Investments
Vice President, Investments Total investments: 1
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Investments

CompanyDescriptionRoundLinks
Solar Foods is a food-tech startup that specializes in testing a technology that uses electricity to produce hydrogen which is combined with carbon dioxide, water, vitamins, and minerals to feed and grow microbial biomass that can be used as edible protein. The industrial biotech startup develops a protein called Solein, a nutritious, sustainablesubstitute for animal-derived proteins. Solein is created using elements from the air—CO2, water, nitrogen—and electricity. This single-cell protein is cultivated through gas fermentation, essentially deriving edible calories from hydrogen-oxidizing microbes. $8.7M / Series B / Nov 16, 2023
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. $13.9M / Series B / May 31, 2023
Dispelix is a manufacturer and designer of next-gen lightweight smart glasses and AR displays. Optical see-through near-to-the-eye displays are at the core of smart glasses products and define most of their important characteristics. To meet and exceed consumer expectations the see-through display should meet three key design objectives at thesame time. To this day nobody has been able to do it. $32.9M / Series B / Nov 08, 2021
Dispelix is a manufacturer and designer of next-gen lightweight smart glasses and AR displays. Optical see-through near-to-the-eye displays are at the core of smart glasses products and define most of their important characteristics. To meet and exceed consumer expectations the see-through display should meet three key design objectives at thesame time. To this day nobody has been able to do it. $13.7M / Series A / Nov 02, 2018
Solar Foods is a food-tech startup that specializes in testing a technology that uses electricity to produce hydrogen which is combined with carbon dioxide, water, vitamins, and minerals to feed and grow microbial biomass that can be used as edible protein. The industrial biotech startup develops a protein called Solein, a nutritious, sustainablesubstitute for animal-derived proteins. Solein is created using elements from the air—CO2, water, nitrogen—and electricity. This single-cell protein is cultivated through gas fermentation, essentially deriving edible calories from hydrogen-oxidizing microbes. $2.5M / Venture - Series Unknown / Mar 23, 2018
Quanturi Develops And Markets Connected Objects And Solutions For The Analysis Of Associated Data, For The Agricultural, Forestry And Waste Markets. $1.5M / Venture - Series Unknown / Feb 26, 2018
Minima Processors technology enables energy efficiency improvement of up to 20x in digital processors compared to legacy solutions. The main efficiency increase comes from ultra-low voltage (subthreshold) operation and additionally the elimination of timing margins brings gains at nominal operating voltages. $6M / Seed / May 31, 2017
FocalSpec is a privately held Finnish high tech company offering laboratory level measurement precision for online quality control and manufacturing line process optimization. Our product range consists of sensors, 2D profilers and 3D at-line scanners for metal, electronics, plastics and medical industries as well as for systems integrators.FocalSpec’s headquarters is located in Oulu, Finland and it operates globally through its subsidiary in Atlanta, USA and a skilled network of integrators and distribution partners. $3.8M / Venture - Series Unknown / Mar 17, 2017
TactoTek develops and licenses injection-molded structural electronics (IMSE®) technologies. Automotive, aviation, connected home, industrial control, and medical brands use TactoTek innovations to create next-generation user experiences that are compelling, differentiated, and more sustainable. Designers use TactoTek IP to integrate circuits andcomponents directly into plastic parts, transforming conventional structures into smart interactive surfaces. TactoTek licenses its intellectual property, including over 280 patents and critical know-how developed over a decade of intensive R&D and quality testing, to global manufacturers who use reliable, standardized manufacturing processes to produce curved-shape and conformal electronics $9.2M / Venture - Series Unknown / Feb 21, 2017
Desentum is a research-oriented biopharmaceutical company specialized in developing novel types of allergy vaccines that are based on switching the immune system's response to allergens from hypersensitivity to tolerance. They have a unique approach for designing allergy vaccines. By studying the molecular mechanism of the hypersensitivityreaction, they have made discoveries that allow for improved design of vaccines against common types of allergies. Their goal is to provide long-term relief for patients suffering from allergic symptoms, as well as reduce the social and economic burden allergies cause to both individuals and society. $2M / Series A / Jan 23, 2017
See all 24 investments →

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FAQ

What does VTT Ventures invest in?

VTT Ventures invests primarily in Manufacturing, Biotechnology and Electronics startups, most often at Seed and Venture - Series Unknown stage. Most of the 24 investments tracked by Shizune back companies in Finland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is VTT Ventures's check size?

VTT Ventures typically joins rounds of $460k–$3.3M at Seed, $1.8M–$14M at Series A and $1.5M–$9.2M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds VTT Ventures participates in.

How do I contact VTT Ventures?

Public channels for VTT Ventures include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at VTT Ventures?

The team at VTT Ventures includes Mikko Kumpulainen (Vice President, Investments). The Team section lists each member with their title, investment count and links.

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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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