# Top 50 Real Estate 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.

## 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.

## 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.

## 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

## 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.

## 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.

## 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.

## 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.

## 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.

## 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.

## 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

## 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.

## 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.

## 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.

## 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.

## 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.

## 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.

## Alma Mundi Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, InsurTech, Insurance

We back bold and purpose-driven founders.

## 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)

## Norion Bank
- Type: VC Fund
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Construction, Building Material

Financing bank for corporates and Real Estate companies

## 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.

## 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.

## 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.

## The Flying Object
- Type: VC Fund
- Location: Washington, District of Columbia, United States
- Relevant deals: 1
- Stages: Seed, Series B, Pre-Seed
- Focus: Drones, Software, Robotics

The Flying Object is a sector-focused global fund investing in breakthrough solutions across the Technology of Flight.

## Vendep Capital
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: SaaS, Software, Analytics

We back early-stage B2B SaaS founders in the Nordics & Baltics with capital, expertise, and long-term partnership. See how we invest and support growth.

## 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.

## River Venture Partners
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Internet, Software, SaaS

Investing in the next generation B2B software companies in the Benelux, Nordics & Baltics

## 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.

## Tiny Supercomputer Investment Company
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Backing great companies when they're tiny

## MiraclePlus
- Type: VC Fund
- Location: Haidian, Beijing, China
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Artificial Intelligence, Software, Information Technology

MiraclePlus invests in and accelerates early-stage startups. MiraclePlus assists startups in developing products that are good enough to succeed in the market. MiraclePlus' acceleration program works with the founders to get each team in top shape so that they can present to thousands of investors on Demo Day.

## Morro Ventures
- Type: VC Fund
- Location: San Juan, NA - Puerto Rico, Puerto Rico
- Relevant deals: 1
- Stages: Series A, Pre-Seed, Seed
- Focus: Software, Financial Services, FinTech

Morro Ventures is a fairly recent addition to Puerto Rico, or La Isla del Encanto to those of us on the inside. I traded the New York smog for the Caribbean breeze in early March, with the goal of launching the island’s first institutional venture capital fund under the auspices of Advent-Morro Equity.

## Finow
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A
- Focus: Energy, Oil and Gas, Real Estate

Finow

## 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.

## 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.

## 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

## 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.

## Soren Jensen Radgivende Ingeniorfirma
- Type: VC Fund
- Location: Aarhus, Midtjylland, Denmark
- Relevant deals: 1
- Focus: Energy, GreenTech, Smart Cities

Søren Jensen advises on inspirational civil engineering with hardcore engineering knowledge and the latest technology.

## 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.

## Taaleri Bioindustry
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Chemical, Forestry, Construction

We at Taaleri Bioindustry systematically invest in the development and production of resource-efficient and sustainable materials on an industrial scale.


## 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.

## Suffice International
- Type: VC Fund
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Electric Vehicle, Battery, Manufacturing

Suffice International

## 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.

## YIT Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Software, Property Management

YIT Ventures, the venture arm of Finnish multinational construction company YIT Group (“YIT”) with a market capitalization of EUR 1 mrd.

## Fuel Venture Capital
- Type: VC Fund
- Location: Miami, Florida, United States
- Relevant deals: 1
- Stages: Series A, Seed, Convertible Note
- Focus: Financial Services, FinTech, Information Technology

Fuel Venture Capital is a firm located in the heart of Miami's iconic Coconut Grove where it works to fund the world's most promising startups and integrate lifelong investors into the creative economy. Fuel Venture Capital applies a tested methodology to mitigate the risk of early-stage investing. Founded in 2016, Fuel Venture Capital isindustry agnostic in its venture sourcing, targeting instead exceptional entrepreneurs with experience and vision. The firm’s “founder-focused, investor-driven” approach is led by a core team with decades years of combined experience in investment banking, wealth management, and executive leadership.

## 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