Top 25 Retail Startup Investors in Finland (August 2026)

Portfolio highlights

• Themo — Themo's innovation is an algorithm that optimizes the price of exchange electricity and the consumption of electricity. Themo offers an easy and environmentally friendly way to save on electricity consumed by heating.
• GoalProfit — GoalProfit is the world’s first low code retail optimization platform empowering retailers to build customized intelligence applications. It was founded by former IBM executives, Maxim Morozov and Oleg Sidorkin. GoalProfit is on a mission to make big data solutions available for all retailers and help them to survive in a new post-covid reality.
• Retailgrid — Agentic AI pricing platform for mid-market retailers. Turn messy retail data into structured, explainable price decisions in days, not months.

Portfolio highlights

• ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
• ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
• Verda (formerly DataCrunch) — DataCrunch is a cloud service provider which facilitates utilization and integration of state of the art AI/ML models

Portfolio highlights

• Noumena — Noumena is an AI-powered growth intelligence firm. It focused on brand growth to develop AI agents for marketing decision-making and execution, allowing marketing to transition from depending on human experience to a learnable and evolving intelligent system.
• True Talents For China (TTC) — True Talents For China (TTC) is a digital and intelligent professional talent service company that provides digital platforms, business platforms, data platforms, enterprise cloud services, and other services.
• Humanoid Robot Innovation Center — Humanoid Robot Innovation Center develops prototypes of universal humanoid robot bodies.

Portfolio highlights

• Retailgrid — Agentic AI pricing platform for mid-market retailers. Turn messy retail data into structured, explainable price decisions in days, not months.
• Bahn Express — Euroopan nopein autojen kuljetus. Autoliikkeille, autokauppiaille ja kalustonhallintaan. Euroopan halki 72 tunnissa.
• Cornea Sense — CorneaSense is a medtech startup developing a non-invasive, eye-based sensing device that measures ocular surface hydration to enable early detection and monitoring of conditions such as dry eye disease and systemic health disorders. The technology aims to provide real-time, objective eye biomarkers for improved clinical diagnosis and patient care.

Portfolio highlights

• IndoorAtlas — Discover the power of indoor positioning technology with IndoorAtlas. Build innovative indoor location-based solutions using our cross-platform SDK. Explore case studies and start developing today.
• FreightWaves — FreightWaves is the most trusted provider of global supply chain and transportation and logistics news and media. Breaking news coverage, white papers, podcasts, webinars, and live events.
• Eelp! — Eelp! is an app to delegate all personal daily needs busy people have, 365. Taking your car for a wash, pet-sitting your dog while traveling, doing groceries, sending a physiotherapist home, a manicure to the office, a cab to the airport.. an Eelper will manage that for you, with best providers at best price, happy to Eelp.

Portfolio highlights

• Cytely — Cytely operationalizes biological measurement, turning microscopy into standardized, reproducible data so research teams can accelerate discovery.
• Oplane — Connect your repo. See and fix your vulnerabilities in minutes. AI-powered threat modeling - no consultants, no weeks of docs.
• ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!

Portfolio highlights

• eBrands — eBrands is an ecommerce group company that acquires, operates and scales small and medium-sized consumer brands
• NoHo Partners — NoHo Partners Plc is a Finnish restaurant group behind approximately 250 restaurants, bars, pubs, nightclubs and entertainment centres. The name derives from the words ‘Nordic Hospitality Partners’, which communicate the key goals, opportunities and strengths of the Group.

Portfolio highlights

• Celcoin — Founded in 2016 by Marcelo França and Adriano Meirinho, Celcoin, the company offers a platform that allows companies to connect to the financial system simply and without bureaucracy to offer innovative experiences to their customers, whether in the digital world, with more than 170 clients including banks, fintechs, brokerages and loyaltycompanies, in other words, in the physical world, where it has its own network of more than 38,000 digital correspondents in 3,200 Brazilian municipalities. A pioneer in its segment, Celcoin adopts a unique multi-channel strategy in its segment, and already processes more than 11 million financial transactions and a volume in excess of R$1.8 billion monthly.Celcoin came up with the idea of ​​facilitating new players to the financial system, which until its inception was completely closed, difficult to access and difficult to connect. With its set of Open Finance solutions (APIs for Transactions, APIs for Physical Networks and Open Banking APIs), more than 8 million Brazilians are impacted monthly in the physical and virtual world with their solutions.
• PostPilot — PostPilot is the leading direct mail platform for ecommerce and DTC.
• Earned Wealth — Forme Financial is a platform that offers estate planning, debt management, insurance planning, and investment management services.

Portfolio highlights

• Walkbase — Walkbase offers advanced retail analytics to boost marketing impact and personalize the in-store shopping experience, driving better engagement and sales.

Portfolio highlights

• Munchi — Munchi allows restaurants to manage all orders, payments and loyalty in one platform with the power of AI.
• Mobal — It is time to get your Business Profiles in shape. Meet your customers where they are and stand out where it matters most.
• Nordic Information Control — Inventering och klassificering av information, automatiskt med Nordic Information Control Platform. Automatic Regulatory compliance.

Portfolio highlights

• Custobar — Custobar gives a comprehensive understanding of each of customers.Custobar is founded upon great use of customer data, which is gathered both in online and bricks-and-mortar stores. This enables multi-channel campaigns that can strengthen either area, while bridging the gap between the two like no other solution.Product development started in2012 by a team well-versed in retailer needs, and based in Helsinki, Finland, Custobar already provides its unique sales and marketing platform to over 50 major customers across Europe.
• Grönska — Grönska is a young, Swedish tech-company that develops technology for vertical farming, and grows and sells vegetables and herbs. Vertical farming that is based on the use of LED lighting and hydroponic watering systems. This method allows us to grow food indoors, locally and all year round. The reason we do this is to offer a sustainable, locallygrown alternative to imported food and to enable more self-sufficient cities.Grönska was founded in 2014 and constructed the largest vertical farm in the Nordics in 2018.
• Takomo Golf Company — Takomo Golf Company manufactures and sells golf products.

Portfolio highlights

• Aavuus — Aavuus is building a global network of ground-based laser stations to detect and track space debris with high precision.
• Disior — At Disior, we build software to measure and model tissue structures in CT- and MRI-images for better diagnosis and treatment planning.Our solutions are for clinical use. They enable fast, accurate and reproducible measuring for diagnostics and patient-specific, optimized treatment planning. Based on mathematical modelling, Disior algorithmsextract the correct shape or structure from the medical image. This way, the software is not dependent on finding familiar structures or comparing something to reference data. We combine engineering and R&D talent with medical and biotechnology professionals. Our team brings together decades of experience in creating world’s best simulation and modelling systems from smartphone R&D; clinicians and researchers in maxillofacial and orthopedics; and technology innovation and commercialization.For demo, pilots and research projects, please contact Anna-Maria Henell, CEO: +358 50 483 6433 / anna-maria (at) disior.com
• Quanscient — Quanscient develops multiphysics simulation software utilizing quantum computing algorithms to improve simulation technology. Its Computer Aided Engineering (CAE) platform integrates a unique combination of cloud-native multiphysics solvers, advanced cloud computing, and future quantum integration. The platform also offers engineers over ahundredfold increase in simulation throughput to enable fully digital R&D processes, addressing complex technology challenges in industries like fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace.

Portfolio highlights

• Nomerra — The AI Coworker in Private Market Operations
• LimX Dynamics — Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots
• Zhuji Dynamics — Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots

Portfolio highlights

• Nordigen — Nordigen is a free open banking API that provides PSD2 data connections to all major European banks.
• GoalProfit — GoalProfit is the world’s first low code retail optimization platform empowering retailers to build customized intelligence applications. It was founded by former IBM executives, Maxim Morozov and Oleg Sidorkin. GoalProfit is on a mission to make big data solutions available for all retailers and help them to survive in a new post-covid reality.
• Retailgrid — Agentic AI pricing platform for mid-market retailers. Turn messy retail data into structured, explainable price decisions in days, not months.

Portfolio highlights

• Retailgrid — Agentic AI pricing platform for mid-market retailers. Turn messy retail data into structured, explainable price decisions in days, not months.

Portfolio highlights

• Vegemi — Vegemi is a free smartphone app that promotes eating fruits and vegetables through gaming. The software was designed with the entire family in mind, but especially to demonstrate youngsters the health advantages of fruits and vegetables in a way that motivates and inspires them.
• Fiberdom — Fiberdom develops sustainable materials from wood fibers, focusing on plastic-free solutions. The company offers a range of compostable cutlery designed for food service and take-away applications. These products are fully recyclable and comply with European regulations, making them suitable for environmentally conscious consumers. Fiberdomemphasizes innovation in transforming wood fibers into high-performance materials, contributing to sustainability efforts in various industries. The commitment to creating eco-friendly alternatives positions Fiberdom as a key player in the materials innovation sector.
• Arctic Farming — Disrupting food production by making vertical farming mainstream.

Portfolio highlights

• GitHits — Code context layer for coding agents. Version-aware index for agents to search, navigate, and inspect open-source code.
• Agileday — Connect your business elements in one tool and manage your entire operations with Agileday. Match sales, projects, and talent together and optimize your business.
• Test of Things — Automate IoT security testing and compliance with major standards and accelerate product development with Test of Things.

Portfolio highlights

• Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
• allies.digital — Allies is a match-making platform curating businesses with IT-, digital and creative agencies. No more miss-matches when buying IT & creative services.
• StarBerry Games — StarBerry Games GmbH is a mobile games company based in Berlin, Germany. The company develops free-to-play casual mobile games and is best known for its games Merge Mayor and Idle Coffee Corp.

Portfolio highlights

• Deci AI — Deci enables deep learning to live up to its true potential by using AI to build better AI. With the company’s end-to-end deep learning acceleration platform, AI developers can build, optimize, and deploy faster and more accurate models for any environment, including cloud, edge or mobile. With Deci’s platform, developers can increase deeplearning model inference performance by 3x-15x, on any hardware, while still preserving accuracy. This translates directly into new use cases on limited hardware, substantially shorter development cycles, and reduced compute costs by up to 80%. The platform is powered by Deci’s Automated Neural Architecture Construction (AutoNAC) technology, an algorithmic optimization engine that squeezes maximum utilization out of any hardware. The AutoNAC engine contains a Neural Architecture Search (NAS) component that redesigns a given trained model’s architecture to optimally improve its inference performance (throughput, latency, memory, etc.) for specific target hardware while preserving its baseline accuracy. Deci achieved a record-breaking 11.8x accelerated inference speedup on Intel CPUs at MLPerf Industry Benchmark and has been named to the CBInsights top 100 AI companies. Led by a team of world-class deep learning experts, Deci lets AI developers focus on what they do best - creating innovative AI-based solutions for our world’s most complex problems.
• Rookout — Code doesn’t always behave as you expect it to and your team is wasting too much time to understand why. Rookout provides secure, fast, and simple data access, no matter what architecture or where the code is running. By providing the developer with instant, laser-focused data, developer teams can understand their code and see an increase inproductivity, velocity, and efficiency.
• SegmentStream — At SegmentStream we partner with growth leaders to drive more revenue from paid media through full-funnel attribution, incrementality measurement and automated cross-channel budget allocation powered by predictive AI.

Portfolio highlights

• Avansera — Avansera delivers real-time predictive analytics and targeted digital marketing solutions for FMCG companies to improve their marketing and supply chain processes. Consumer actions and purchase data is recorded live from active user interaction with Avansera's Ostosnero (ShopperStar) grocery shopping information and optimization platform.

Portfolio highlights

• eBrands — eBrands is an ecommerce group company that acquires, operates and scales small and medium-sized consumer brands
• Purmo Group — Purmo Group is a sustainable indoor climate comfort solution comprehensive product offering includes radiators.

Portfolio highlights

• ARAUCO — ARAUCO is a diversified global company in the forestry industry. They use world-class technologies and processes throughout the value chain. They are present in the forestry, pulp, timber, panels and renewable energy businesses.
• eMabler — EMabler is an EV charging infrastructure software company that develops an API-first platform used by businesses to operate, manage, and scale electric vehicle charging networks. It provides a centralized system for charge point management, billing, pricing, roaming, and energy optimization, allowing operators to control large networks of EVchargers from a single platform. The software connects charging hardware with business systems such as CRM, payment, and energy management tools through open APIs and a large library of integrations. The company focuses on enabling enterprises, such as energy utilities, parking operators, and retail businesses, to embed EV charging directly into their existing services and digital platforms rather than building standalone charging systems. This includes white-label solutions where charging is integrated into a company’s own app or customer experience under its brand.
• CHAOS — At CHAOS, we strive to democratize data and harness the power of AI and cutting-edge technology, delivering transformative location insights that empower decision-makers to design more liveable cities- sustainable, human-centered where the quality-of-life soars.

Portfolio highlights

• Loyalis — Loyalis is the rewards program used by millions of online customers. Launched and automatically tailored in minutes. Available on @Shopify & @Bigcommerce
• Zesty — Zesty by DoorDash
• Eurosender — Eurosender is the digital platform for companies and individuals looking for a unified solution for global logistics processes. Eurosender comprises a wide variety of logistics services in different geographies.

Portfolio highlights

• Vonder — Vonder is a Microlearning and Micro engagement Platform where students can continuously engage with learning with bite-sized. Vonder begins with 2 former Teach For Thailand’s alumni in the summer of 2018. Working with students in underprivileged schools. Today, Vonder has been delivering several types of micro learning.
• Hearvana — Hearvana is a IT consulting company.
• Pokee AI — Frontier Agent Running In Your Infra and Compute. Pokee AI's official X account.

Portfolio highlights

• eToro — Trade and invest on a trusted multi-asset platform. Get ideas from 35M users, practise with a demo account or copy top-performing traders automatically.
• Walkbase — Walkbase offers advanced retail analytics to boost marketing impact and personalize the in-store shopping experience, driving better engagement and sales.
• NetGuardians — NetGuardians is a leading software company recognized for its innovative solutions to keep operational risk under control. Using smart behavioral analysis methods, they have designed technology that quickly identifies atypical activity, effectively controls data leaks, and alerts you to potential internal fraud. Bundled for the banking sector,their solution can also be easily configured for any field of activity.