# Top 50 Proptech VC (Venture Capital) Funds in Finland in June 2026 ## Icebreaker.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 7 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms. ## Superhero Capital - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 5 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Internet Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€. ## Business Finland - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 4 - Stages: Seed, Grant, Debt Financing - Focus: Software, SaaS, Biotechnology Business Finland finances business R&D projects and public research projects at universities, research institutes and universities of applied sciences. Read more about R&D and business funding. ## Maki.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 4 - Stages: Seed, Series A, Pre-Seed - Focus: Software, E-Commerce, Information Technology We partner with deep tech and brand-driven companies obsessed in challenging category norms. The Nordics are our home, but we take on a global front in spotting the unexpected - from B2B to B2C, with a sweet spot for scientific advances, strong IP, and customer understanding that looks beyond convention.We invest in early stage companies: fromtheir inception to series A and beyond. We share in the vision of founders as champions and challengers, drawing on our experiences from scaling some of the strongest tech companies ourselves. ## Finnvera Venture Capital - Type: VC Fund - Location: Kuopio, Eastern Finland, Finland - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Health Care, Information Technology Finnvera makes direct investments in early-stage enterprises through Seed Fund Vera Ltd. Finnvera's goal is to cover shortcomings existing on the market between product development funding and private equity investments. Finnvera does not compete with private financiers; instead, it strives to supplement the financial market.Finnvera'sinvestments enable, start and accelerate growth and internationalisation among investment targets. Enterprises are developed to make them attractive targets for further financing by other investors and industrial actors. Investments are made in technology enterprises at an early stage and in technology-intensive or innovative service enterprises that have potential for developing into international growth enterprises.Finnvera is also known as a specialised financing company owned by the State of Finland. It provides its clients with loans, guarantees, venture capital investments and export credit guarantees. ## Speedinvest - Type: VC Fund - Location: Vienna, Wien, Austria - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: Software, FinTech, Financial Services Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More. ## Butterfly Ventures - Type: VC Fund - Location: Oulu, Oulu, Finland - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Health Care, Software, Information Technology 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. ## Tesi - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - Stages: Series A, Series B - Focus: Software, Manufacturing, Health Care 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 ## Innovestor - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Software, Health Care, Information Technology Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services. ## Gorilla Capital - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Pre-Seed, Seed, Series A - Focus: Software, SaaS, Information Technology Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies. ## Curiosity VC - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Information Technology Investing in the next generation B2B software companies in the Benelux, Nordics & Baltics ## Bonnier Capital - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Seed, Series A - Focus: Internet, E-Commerce, Health Care Bonnier Capital is the investment division of the Bonnier Group. Since 2016, we invest in promising companies in structurally growing industries and have become a reliant investment partner to companies of various sizes. ## Wave Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Internet, Information Technology Founded in 2016, Wave Ventures is the largest student-run VC in Europe, backed by Nordic unicorn founders, investing in Gen Z entrepreneurs at the earliest stage. We operate both from Finland and Sweden with a team of five people from the top universities in the region. ## Finnish Climate Fund - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Debt Financing, Series A - Focus: Energy, Renewable Energy, Manufacturing The Climate Fund focuses on combating climate change, boosting low-carbon industry and promoting digitalisation. ## Adevinta Ventures - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Automotive, Rental, FinTech Adevinta is a leading online classifieds group in Europe. Our portfolio spans consumer goods, mobility, real estate, holiday rentals and jobs. ## Valve Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A - Focus: Energy, CleanTech, Oil and Gas Valve Ventures is a Helsinki-based angel and early-stage venture investor. ## Picus Capital - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, Software, FinTech Picus Capital is an early-stage technology investment firm with a long-term investment philosophy. We work together with daring technology companies to build successful, global companies challenging the status quo and shaping tomorrow. ## Reaktor Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Internet, Software, E-Commerce Reaktor Ventures has moved to the next phase by focusing its efforts to actively supporting current portfolio companies. This means that the fund has ended its investment period and is not investing into new companies. Between 2013 and 2018 we have invested into 42 different companies and one early stage fund. We will naturally keep makingfollow-up investments to current portfolio companies. ## Lifeline Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Health Care, E-Commerce 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. ## Halton Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Focus: Smart Building, Energy, GreenTech Halton Ventures operates as a venture capital firm. ## Activum - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Software, Real Estate, Logistics ActivumSG is a private equity investment manager focused on real estate related opportunities in selected European markets. ## Inventure - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, Health Care Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more. ## Schibsted - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Series A, Seed - Focus: Apps, Financial Services, Finance A global family of digital consumer brands leading the way across media, online marketplaces and technology ventures. ## Rockaway Ventures - Type: VC Fund - Location: Prague, Hlavni mesto Praha, Czech Republic - Relevant deals: 1 - Stages: Seed, Series A - Focus: Travel, Tourism, Rental Rockaway Ventures (Fund of Rockaway Capital) focuses on late-stage venture and growth equity ESG investments in digital economy in Europe ## Voland Partners - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Series A - Focus: Information Technology, Software, Marketing Voland is a hands-on technology growth investor. A trusted partner for entrepreneurs, applying our expertise to enhance our portfolio companies. ## PC Rettig & CO Impact - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Mining, Robotics, 3D Printing PC Rettig & CO Impact ## Finow - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Energy, Oil and Gas, Real Estate Finow ## Sustainable Future Ventures - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Series A, Series B - Focus: Software, Energy, Construction Investing in technology companies to enable a more sustainable built environment. ## Tiny VC - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Information Technology Backing great companies when they're tiny ## Scale Capital - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, SaaS Scale Capital is an early-stage technology investor, helping Nordic, B2B, and tech founder teams scale and win in the US market. ## OP Financial Group - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Debt Financing, Series A - Focus: Energy, Financial Services, FinTech OP Financial Group is one of the largest financial companies in Finland. It consists of 180 cooperative banks and their central organization. The financial group has over 1.4 million customer-owners ## UAV OÜ - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Energy, Battery, Military UAV OÜ is a private limited company. ## Voima Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Biotechnology, Health Care, Artificial Intelligence Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and value adding capital. They shed light on the ideas and technology which require time and courage to build. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics,software & ICT and AI. In addition, Voima Ventures has invested in more than 30 deep tech startups, including companies like Solar Foods, Infinited Fiber Company, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and European Investment Fund (EIF), backed by Finnish private and institutional investors. ## Bachmaier Invest GmbH - Type: VC Fund - Location: Grünwald, Bayern, Germany - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Construction, Infrastructure Bachmaier Invest GmbH is an investment firm. ## HMG Invest - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: SaaS, Software, Sales Beteiligungsverwaltung. Tätigkeit laut Firmenbucheintrag: Investitionen (Immobilienkauf, Bauherrenmodelle und Unternehmensbeteiligungen) ## Zenith Venture Capital - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Sports, Apps Zeniths vision is to become the obvious partner for entrepreneurs and investors. We believe this will be achieved by helping entrepreneurs to build fantastic companies and thus deliver attractive return to our investors. ## Canon Marketing Japan - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 1 - Stages: Series B, Series A, Seed - Focus: Video, PaaS, Information Technology Canon Marketing Japan is a distributor and seller of canon products. They also provide marketing and other services. They offer products and services that include business use multifunctional products, commercial printing systems, laser printers, embedded software, system integration, digital cameras, interchangeable lenses, medical equipment, andsemi-conductor manufacturing equipment. ## Mediahuis - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 1 - Stages: Seed, Series A - Focus: Education, Human Resources, E-Learning Mediahuisis a venture capital arm of the independent publishing and media company is on a mission to support founders who are changing the way we learn and work. As a lead investor, MHV participates in European EdTech & HRTech companies, from Series A and beyond. ## First Fellow Partners - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, SaaS, Artificial Intelligence First Fellow Partners is a private investment firm built on a founder-first philosophy. We invest only our own capital, backing bold, mission-driven technology entrepreneurs from idea to lasting impact. ## Acurio Ventures - Type: VC Fund - Location: Bilbao, Pais Vasco, Spain - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, E-Commerce, Internet Acurio Ventures partners with visionary founders to make history happen. Acurio Ventures is a European early-stage VC that invests across sectors and business models and that relies on its entrepreneurial DNA, flexible approach and proven value add to partner with the best founders out there. ## Houghton Street Ventures - Type: VC Fund - Location: Holborn, Camden, United Kingdom - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, iOS, E-Commerce Houghton Street Ventures is a venture capital firm that invests in the best of the alumni, students, and faculty of LSE. ## Global Brain Corporation - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 1 - Stages: Series A, Series B - Focus: Information Technology, Software, Artificial Intelligence Global Brain Corporation is a venture capital firm that invests in companies from seed or early to pre-IPO startups. Global Brain has invested in 300+ startups from seed/early to pre-IPO startups and achieved 25 IPOs and 61 M&As as a result of providing hands-on support services and resources to its portfolio startups. Global Brain hasmanaged a pure investment fund as well as multiple corporate venture capital funds partnered together with tier 1 public companies of telecom, real estate development, financial service, beverages, agriculture food, logistics, and electronic devices. ## Cocoa - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Information Technology WE ARE COCOA #LETSDOTHIS ## United Bankers - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Focus: Chemical, Real Estate, Biotechnology United Bankers is an investment company involved in real estate and various other businesses. ## Metsa Spring - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Series A - Focus: GreenTech, Sustainability, Chemical We boldly invest in and support promising startups and potential innovations that explore new uses for sustainably-grown Nordic wood. ## Suffice International - Type: VC Fund - Relevant deals: 1 - Stages: Debt Financing - Focus: Electric Vehicle, Battery, Manufacturing Suffice International ## IDC Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Series A, Series B - Focus: Financial Services, FinTech, E-Commerce IDC Ventures is the venture capital arm of Grupo IDC, a Latin American investment bank founded in 1995. Grupo IDC’s activities cover Private Equity, Venture Capital, Real Estate, Infrastructure, Corporate Finance, and a Guatemalan Broker-Dealer. For the past decade, IDC has been involved in technology start-ups through co-managed funds, directinvestments, and joint ventures, working with tech companies to accelerate their penetration and expansion across LATAM. The latest fund is created by a select group of corporate leaders, successful entrepreneurs. and venture capitalists from Latin America.This fund will invest in tech start-ups from Series A to growth stages across Europe, the US, and Latin America. ## Future Energy Ventures - Type: VC Fund - Location: Essen, Nordrhein-Westfalen, Germany - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Energy, Information Technology Future Energy Ventures is a unique venture capital fund that brings together corporate partners and world-class start-ups to shape the future energy landscape. Future Energy Ventures invests in digital and digitally enabled technologies and business models that have the potential to redefine the future energy landscape.From its operational hubsin Germany, Israel and Silicon Valley, Future Energy Ventures looks for both investments and scaling opportunities for its portfolio globally and new investment opportunities.Future Energy Ventures is the venture capital investment and collaboration platform of E.ON, one of Europe’s largest operators of energy networks and energy-related infrastructure. ## FJ Labs - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, E-Commerce, Financial Services FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups. ## Springvest - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Series A, Seed - Focus: Biotechnology, Health Care, Energy 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.