Top 30 Retail Startup Investors in Finland (October 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 — Retail pricing software that lifts margin, not workload. Competitor price monitoring every 4 hours, price optimization and plain-English rules in a Grid your team already knows. Free pricing audit.

Portfolio highlights

• Socure — Identity Starts Here. Accurately verify & onboard more new customers with Socure, the leading provider of digital identity verification & fraud solutions.
• Philz Coffee — We specialize in customized blends with coffee shops in California and Chicago, IL Buy coffee online or find your nearest Philz location.
• Keyfactor — Keyfactor helps organizations secure machine identities, cryptography, and AI systems with trust infrastructure that enables digital trust, crypto-agility, and quantum readiness.

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

• Cachet — Adaptive insurance solutions for micromobility, car-sharing and gig work platforms in 16 countries. Feel in control of risk and handle claims in one system.
• Oplane — Connect your repo. See and fix your vulnerabilities in minutes. AI-powered threat modeling - no consultants, no weeks of docs.
• Cota Robotics — Cota Robotics deploys general-purpose robots in retail stores through a Robot-as-a-Service model, integrating with existing environments without requiring changes to store layouts or infrastructure. The company automates shelf replenishment, inbound handling, and order picking using human-in-the-loop teleoperation, with autonomy increasing asdeployment data trains its models.

Portfolio highlights

• Zapflow — Zapflow is the all in one solution for investment professional working in venture capital, private equity and alternative investments.
• Wellness Foundry — MealLogger, your photo food journal and nutrition network, is the fast and easy way to keep track of your personal wellness. App available on iOS and Android
• EatAndTheCity — EatAndTheCity helps international newspapers, magazines, local media & food guides monetise the influence of their content. We enhance the communication between local communities and local media. Their revenue generating restaurant journalism platform for media companies allows users to not only discover but to reserve gastronomic experiences.EatAndTheCity’s white label platform already collaborates with leading companies in Finland and Estonia and Germany. Media and publishing companies are able to leverage their connection with local communities to generate new revenue streams. Combining these features and the business model in cooperation with local media companies differentiates us from the competitors.

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

• ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
• Verda — Verda provides a full-stack AI cloud platform for the development, training, and deployment of AI models. Its services include GPU instances, instant clusters, serverless containers, managed storage, and other cloud infrastructure powered by NVIDIA hardware. Verda also operates an AI Lab focused on large-scale training, inference optimization, reinforcement learning, and AI systems engineering. Its platform serves AI developers and organizations across the full AI lifecycle, from prototyping to scalable inference.
• Verda (formerly DataCrunch) — DataCrunch is a cloud service provider which facilitates utilization and integration of state of the art AI/ML models

Portfolio highlights

• Khoy — Khoy Company is a furniture company focused on designing and developing comfortable, user-friendly, and sustainable sofa beds. It combines functionality, comfort, and modern design to create versatile furniture for everyday living, with an emphasis on sustainability and space efficiency.
• AnaCardio — AnaCardio develops drugs targeting a novel mechanism that improves cardiac contractility and aims to improve clinical outcomes in heart failure.
• Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.

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

• FermLabs — Ferm Labs ingredient startup specializing in proprietary, high-yield bioprocessing platforms.
• 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 — Retail pricing software that lifts margin, not workload. Competitor price monitoring every 4 hours, price optimization and plain-English rules in a Grid your team already knows. Free pricing audit.

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

• Complir — Complir's AI agents map product data, analyse compliance risks, generate documentation and track regulations across every market you sell in.
• SmallClaims — SmallClaims is a LegalTech company that provides technology-enabled legal collection and representation services for civil claims up to 100,000 DKK. The company represents businesses and private individuals in small claims under the simplified court process and in enforcement court proceedings. SmallClaims uses automated workflows, algorithms, and machine learning to assess cases, initiate proceedings, and manage large volumes of lawsuits. Its team acts as a party representative rather than a law firm, handling communication with courts, debtors, and debtor representatives. The service covers steps from initial demand letters and payment orders to court filings, judgment enforcement, and administration of instalment plans. SmallClaims aims to make pursuing smaller monetary claims procedurally manageable and economically viable for its clients.
• EnforceShield — EnforceShield provides an agentic AI system designed to identify and eliminate stolen or misused content.

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

• eBrands — eBrands is an ecommerce group company that acquires, operates and scales small and medium-sized consumer brands
• Goodsted — One connected layer for housing associations, local authorities, suppliers and community partners. Mobilise your people, work with partners and deliver on what your communities actually need.
• Purmo Group — Purmo Group is a sustainable indoor climate comfort solution comprehensive product offering includes radiators.

Portfolio highlights

• PayKey — The PayKey social banking and mobile P2P payment solution: A patent-pending mobile payment keyboard that seamlessly integrates with your banking application and lets users complete a transaction without leaving their social application.
• 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.
• Pagaya — AI-powered credit analysis. More credit approvals without undue risk. It's all possible when you partner with Pagaya.

Portfolio highlights

• Retailgrid — Retail pricing software that lifts margin, not workload. Competitor price monitoring every 4 hours, price optimization and plain-English rules in a Grid your team already knows. Free pricing audit.

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

• 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

• 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.
• Mobeewave — Mobeewave sees the evolution of cashless payment from cards towards ubiquitous mobile money. By equipping a mobile phone with secure, contactless payment-acceptance capability, Mobeewave’s award-winning patented technology powers a True Wallet Experience for consumers, allowing them to put cash in to their mobile wallets as well as make payments.With Mobeewave, anyone can accept cashless payment for anything, anyhow, enabling in-person consumer-to-consumer transactions, between strangers as well as friends and family, in a secure, trusted and open environment.
• 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.

Portfolio highlights

• Glitzi — Terapeutas certificados y expertos en belleza confiables, que garantizan la mejor experiencia.
• Walkbase — Walkbase offers advanced retail analytics to boost marketing impact and personalize the in-store shopping experience, driving better engagement and sales.
• SAPI — Our embedded credit solution provides platforms with a flexible end-to-end lending program that enables them to offer fast and attractive financing for their merchants, to grow their ecosystems and businesses.

Portfolio highlights

• Cerby — Collaborate without chaos. Cerby helps your team be productive while protecting your brand. Secure unmanageable applications. Only with Cerby.
• Hearvana — Hearvana is a IT consulting company.
• Pokee AI — Pokee - Your AI workflow assistant.

Portfolio highlights

• Revian — Try Revian Red risk-free with our 6-Month 100% Money Back Guarantee. Revian's Wireless Cap + Smart App gives you total control of your treatment. FDA cleared for men and women. Clinical trial results establish Revian Red as a safe and more effective alternative to other hair growth treatments.
• Particula — Particula brings new life into Rubik's cube, dice, and chess using AI, connectivity, and interactivity. Enter a smart games world with modern versions of classics!
• Rep AI — Shopify's #1 AI Concierge (chatbot) for eCommerce. Rep converts more traffic (CVR), increases sales (AOV), and can handle up to 97% of your support tickets.

Portfolio highlights

• HappySignals — HappySignals is the Experience Intelligence Platform. See how people are impacted by the technology they use at work: support, devices and AI tools.
• Novatron — Novatron offers pioneering, easy-to-use 3D Machine Control Systems and Technology for Infrastructure Construction Professionals and OEMs.
• Takomo Golf Company — Shop Takomo Golf: Tour-proven golf clubs designed with sleek Nordic style. Experience premium DTC irons without elitist price tags.

Portfolio highlights

• Proximi.io — Indoor navigation solution that utilizes any indoor positioning technology. Guides your visitors indoors and outdoors across your venue.
• 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.
• MusiClock — MusiClock offers MusiClock, an application that is designed to assist its users to learn scales and other music theories. It enables its users to play along with virtual bands, learn to play the guitar and piano, and access notes and accidentals. MusiClock was founded by Pietu Polonen in 2014.

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

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

Portfolio highlights

• Amplifiles — Amplifiles is a PropTech startup that turns real estate listing photos into fully branded, high-quality videos in minute, no filming or editing required. Our video engine helps agents, photographers, and marketplaces boost engagement, generate more leads, and unlock new revenue streams.
• Comparables.ai — The leading M&A and valuation intelligence platform. Find +110% more relevant companies 10.5x faster. Access comprehensive financials, transaction data, and AI analysis on 370M+ companies worldwide.
• Nordic Information Control — Inventering och klassificering av information, automatiskt med Nordic Information Control Platform. Automatic Regulatory compliance.

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

• 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 — Shop Takomo Golf: Tour-proven golf clubs designed with sleek Nordic style. Experience premium DTC irons without elitist price tags.