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Top 20 Retail Startup Investors in Finland (June 2026)

The most active venture capital funds and angel investors investing in Finland Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Retail startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ali Omar
Angel
4 Finland, United States, Estonia Seed, Pre-Seed, Angel Software, SaaS, Artificial Intelligence $53k–$2.1M
Summit Partners
VC Fund
2 United States, Germany, Canada Private Equity, Series B Software, Information Technology, Health Care
Innovestor
VC Fund
2 Finland, Denmark, Sweden Seed, Pre-Seed Software, Health Care, Information Technology $163k–$4.1M
Mobility Ventures
VC Fund
2 Spain, Finland, United States Seed, Angel, Series C Mobile, Apps, Retail
Baidu
VC Fund
2 China, United States, Israel Series A, Series B, Series C Internet, Software, Artificial Intelligence $2.8M–$553M
Rite Ventures
VC Fund
1 Sweden, Finland Venture - Series Unknown E-Commerce, Retail, Grocery
Leif Linden
Angel
1 Finland Seed Retail, Analytics, Predictive Analytics
Olli-Pekka Kallasvuo
Angel
1 Finland Series A Mobile, Retail, Big Data
Flashpoint
VC Fund
1 United States, United Kingdom, Israel Series A, Seed Software, SaaS, Machine Learning $750k–$19M
SCB 10X
VC Fund
1 United States, Thailand, Singapore Seed, Series A, Series B Software, Blockchain, Financial Services $1.2M–$93M
Heino Group
VC Fund
1 Finland Seed, Pre-Seed, Venture - Series Unknown B2B, Fruit, Gaming $384k–$2M
Vendep Capital
VC Fund
1 Finland, United States, Sweden Seed, Series A SaaS, Software, Analytics $713k–$33M
Gorilla Capital
VC Fund
1 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, SaaS, Information Technology $149k–$5.5M
Redstone.VC
VC Fund
1 Germany, Finland, Switzerland Seed, Series A, Pre-Seed Software, Information Technology, FinTech $505k–$17M
Fort Ross Ventures
VC Fund
1 United States, Israel, Russian Federation Series B, Series C, Series A Software, FinTech, Artificial Intelligence $3.3M–$75M
Finnvera Venture Capital
VC Fund
1 Finland, United States, Chile Seed, Series A Software, Health Care, Information Technology $250k–$22M
Reaktor Ventures
VC Fund
1 Finland, Germany, United States Seed, Pre-Seed, Series A Internet, Software, E-Commerce $137k–$6.6M
Maki.vc
VC Fund
1 Finland, Norway, Denmark Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $900k–$37M
SBT Venture Capital
VC Fund
1 Israel, Switzerland, United States Series B, Series D FinTech, Software, Finance $5.8M–$12M
Henry Nilert
Angel
1 Finland, Latvia, United States Pre-Seed, Seed, Angel Software, Health Care, Information Technology $393k–$2.2M
Access all 37 investors in Finland Retail startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Ali Omar
Angel · Helsinki, Southern Finland, Finland · 4 investments in Finland Retail startups

Ali Omar is a Member of the Finnish Business Angels Network. He attended Aalto University and the University of Oulu.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Finland, United States, Estonia

Investor stats

  • Total investments: 62
  • Round size: Seed $263k–$2.1M; Angel $53k–$1.6M; Pre-Seed $163k–$724k
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • MÖ Foods — MÖ Kaurajogu is domestic, completely herbal and above all delicious. All our products are manufactured in Central Ostrobothnia, Lohtaja.
  • React & Share — High volume, high quality feedback directly from your customers. React & Share helps digital comms teams improve their websites and satisfy their customers.
  • Plain Complex — VUOROX IS AN AI-POWERED ROSTER SCHEDULING APP FOR HEALTHCARE
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Summit Partners
VC Fund · Boston, Massachusetts, United States · 2 investments in Finland Retail startups

Summit Partners is a global alternative investment firm that invests in growth equity, fixed income and public equity opportunities in technology, healthcare and other growth sectors.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Private Equity, Series B
  • Geography: United States, Germany, Canada

Investor stats

  • Total investments: 195
  • Lead/follow: no public data

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.
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Retail startups

Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Denmark, Sweden

Investor stats

  • Total investments: 76
  • Round size: Seed $507k–$4.1M; Pre-Seed $163k–$2M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Capalo AI — We maximize the value of your energy storage systems. Now and in the future.
  • Teitur Trophics — Teitur Trophics is a biotech company developing circular peptides for neurodegenerative diseases. The company was founded in 2020 and is headquartered in Aarhus, Denmark.
  • Neumirna Therapeutics — Founded in 2020, NEUmiRNA focuses on achieving transformative disease modification for neurological conditions.
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Mobility Ventures
VC Fund · Addison, Texas, United States · 2 investments in Finland Retail startups

MOBILITY VENTURES: WE HELP ENTREPRENEURS SUCCEED!

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Investment focus

  • Industry: Mobile, Apps, Retail
  • Stage:Seed, Angel, Series C
  • Geography: Spain, Finland, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

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.
  • InnerWireless — InnerWireless, Inc. provides in-building wireless and RFID solutions to healthcare, enterprise, government, and hotel/gaming markets. InnerWireless solutions provide in-building wireless wide area network (WAN) and WLAN solutions for voice, data, multimedia, location, and other wireless services to the mobile workforce. It offers WirelessUtility, a broadband infrastructure that provides wireless signal coverage for mobility, communication, and real-time access to data. This solution also provides access to WAN services, including cellular services, paging capability, two-way radio service, first responder technology, WiFi access, enterprise voice service, and building automation and security. InnerWireless offers Horizon Converged Wireless platform for wide area services, building distribution, local area services, and segment distribution; and PanGo Unified Asset Visibility platform for asset, workflow, and inventory management, as well as to aggregate and synthesize data from various RTLS, RFID, and sensor sources. InnerWireless, Inc. was formerly known as E-tron Technologies, Inc.InnerWireless was founded in 1998 and is headquartered in Richardson, Texas.
  • 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.
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Baidu
VC Fund · Beijing, Beijing, China · 2 investments in Finland Retail startups

Baidu is a search engine that enables individuals to obtain information and finds what they need. Baidu offers functional online search, Tieba community search, industry-based vertical search, mp3 search, portal channels, and instant messaging services. Its products include Baidu Webpage, Baidu Video, Baidu Map, hao123.com, BaiduPedia, Baidu Input,Baidu Toolbar, TTPlayer, Iqiyi, and Sky Software.

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Investment focus

  • Industry: Internet, Software, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Israel

Investor stats

  • Total investments: 124
  • Round size: Series A $3.5M–$184M; Series B $2.8M–$553M; Series C $14M–$425M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — raised $1.5B in 2017

Portfolio highlights

  • Infimind — Infinind is a provider of artificial intelligence technology and solutions focused on fashion. With massive fashion data, international leading computer vision algorithms and engineering capabilities, and with the vision of "fashion for good", we are committed to making fashion more cool.The company has top talent reserves. Thefounding team comes from the National Key Laboratory of artificial intelligence, network, etc. of the computing Department of Tsinghua University. It also has a consulting team composed of professors from top universities at home and abroad, such as Tsinghua University, people's Congress, MIT, Stanford, NUS, etc.At the beginning of its establishment, the company obtained close attention from the top capital, and now it has obtained billion class a rounds of financing from famous institutions such as Jinshajiang, magic measure, Sequoia, Turing, etc.
  • 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.
  • Lingao Technology — Lingao Technology dedicates to the development and application of advanced technological solution
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Rite Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Finland Retail startups

Building Great Companies for a Long Time

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Investment focus

  • Industry: E-Commerce, Retail, Grocery
  • Stage:Venture - Series Unknown
  • Geography: Sweden, Finland

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • MatHem — MatHem is an e-commerce company that combines a complete grocery store online with recipes and subscriptions for ready-made groceries. It delivers food to Swedish homes 7 days a week. The company also combines a full grocery store online with prescription and subscription finished shopping bags. MatHem offers a broad range of grocery products andadjacent household consumables, catering to more than half of Swedish households. The company food is delivered to your door with their own temperature-controlled to ensure an unbroken cold chain.Mathem.se has been awarded The Grocery Website of the Year (Årets matsajt) in 2010, 2011 and 2013 by the Swedish online magazine Internet world. It was founded in 2009 and is based in Stockholm, Sweden
  • Takomo Golf Company — Takomo Golf Company manufactures and sells golf products.
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Leif Linden
Angel · 1 investments in Finland Retail startups

Leif Linden

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Investment focus

  • Industry: Retail, Analytics, Predictive Analytics
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

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.
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Olli-Pekka Kallasvuo
Angel · 1 investments in Finland Retail startups

Olli-Pekka Kallasvuo is the President and Chief Executive Officer of Nokia as of June 1, 2006.Olli-Pekka joined Nokia in 1980 as Corporate Counsel, and has held roles of increasing responsibility since that time. In 1987 he was appointed Assistant Vice President, Legal Department, and in 1988 he was named Assistant Vice President, Finance. In1990 he was promoted to Senior Vice President, Finance.In 1992, Olli-Pekka was named Executive Vice President and Chief Financial Officer. In 1997-1998 he served as Corporate Executive Vice President, Nokia Americas, being responsible for all Nokia’s business operations in the Americas. He returned to the position of Chief Financial Officer at the beginning of 1999, the position he had held prior to moving to the United States. From 2004-2005 Kallasvuo was Executive Vice President and General Manager of Mobile Phones. On October 1, 2005 he was named President and COO before his appointment to the current position.Olli-Pekka has been a member of the Group Executive Board of Nokia since 1990. On April 1, 2007, Olli-Pekka was appointed Chairman of the Board of Nokia Siemens Networks. In May 2007, Mr. Kallasvuo was nominated as member of the Board of Directors at Nokia. Starting January 2009, he will also serve as a Member of the Board of the Confederation of Finnish Industries EK.He holds a master’s degree in law from the University of Helsinki. Prior to joining Nokia, Olli-Pekka held a variety of positions with the Union Bank of Finland.Olli-Pekka was born on July 13, 1953, in Lavia, Finland. In his spare time, he enjoys golf, tennis and reading about political history.

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Investment focus

  • Industry: Mobile, Retail, Big Data
  • Stage:Series A
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Walkbase — Walkbase offers advanced retail analytics to boost marketing impact and personalize the in-store shopping experience, driving better engagement and sales.
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Flashpoint
VC Fund · London, England, United Kingdom · 1 investments in Finland Retail startups

Venture capital serves as funding for emerging, inventive enterprises poised for rapid expansion.

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Investment focus

  • Industry: Software, SaaS, Machine Learning
  • Stage:Series A, Seed
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 108
  • Round size: Seed $750k–$4M; Series A $2.3M–$19M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: Likely still investing — raised $10M in 2021

Portfolio highlights

  • 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.
  • Crowded — Banking for Greek Life that allows you to seamlessly pay dues, P2P transfers, deposits, and make payments with your virtual debit card. Tailored tools for events, ticketing, chat organizational management and more.
  • Kaiko Systems — Kaiko Systems empowers shipping companies to make smarter, safer, and more collaborative operational and safety decisions through advanced data analysis and intelligent decision support.
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SCB 10X
VC Fund · Bangkok, Krung Thep, Thailand · 1 investments in Finland Retail startups

SCB 10X From Experiment to Exponential Growth

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Investment focus

  • Industry: Software, Blockchain, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Thailand, Singapore

Investor stats

  • Total investments: 71
  • Round size: Seed $1.2M–$16M; Series A $3.8M–$55M; Series B $7.4M–$93M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • TENYX — Discover innovative solutions for digital transformation at Tenyx. Explore our cutting-edge technology services designed to drive business growth and elevate your digital presence.
  • Rakkar Digital — Safeguard your digital assets with Rakkar, Asia's leading digital asset custody provider for institutional crypto custody.
  • SBI Digital Markets — SBI Digital Markets is a financial and digital solutions company that offers blockchain, asset management, and advice services.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Heino Group
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail startups

Heino Group is a food and drink industry company that has grown into an active entrepreneur, investor, owner, and supporter of foodtech companies.

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Investment focus

  • Industry: B2B, Fruit, Gaming
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Finland

Investor stats

  • Total investments: 4
  • Round size: Seed $384k–$2M
  • Lead/follow: 50% lead, 50% follow

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.
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Vendep Capital
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Retail startups

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.

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Investment focus

  • Industry: SaaS, Software, Analytics
  • Stage:Seed, Series A
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 41
  • Round size: Seed $713k–$3.2M; Series A $3.4M–$33M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2021

Portfolio highlights

  • 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.
  • Hopsworks — Hopsworks is an online platform for the development and operation of Machine Learning (ML) pipelines at scale, based around the industry's first Feature Store for ML.
  • Test of Things — Test of Things is to protect customers and society from cyber incidents by making IoT cybersecurity easy and automated. They are building a cloud service that automates security testing so customers can ship secure, compliant products with peace of mind.Their platform integrates security into the development lifecycle, enabling continuous testingthat lowers risks and costs while enhancing reputation.
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Gorilla Capital
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail startups

Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 62
  • Round size: Seed $274k–$549k; Pre-Seed $149k–$680k; Series A $2.6M–$5.5M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • Mobal — It is time to get your Business Profiles in shape. Meet your customers where they are and stand out where it matters most.
  • Serviceform — Welcome to future of communication - the truly all-in-one conversion and management software built for established businesses. Start now!
  • Pandatron — With clients like SAP, Universal Pictures & Skanska, Pandatron is a startup that supports change management. We do it by scaling AI-driven coaching 1-on-1s to every employee, which also allows us to measure change.
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Redstone.VC
VC Fund · Berlin, Berlin, Germany · 1 investments in Finland Retail startups

The Redstone team is an international and diverse group of serial entrepreneurs, investors, investment professionals, tech analysts and data scientists.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Finland, Switzerland

Investor stats

  • Total investments: 163
  • Round size: Seed $505k–$6.6M; Pre-Seed $1.3M–$3.1M; Series A $1.6M–$17M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $57M in 2023

Portfolio highlights

  • Kvantify — Quantum computing will revolutionize many aspects of computing. We can help your business harness the full potential of Quantum Computing and High-Performance Computing today.
  • Ventive Group — Ventive Group is a venture capitalist that provides personalized advice to support innovative startups and SMEs.
  • Wave Photonics — Wave Photonics is leading the revolution in rapid PIC design technology. We are enabling rapid, fabrication-tolerant photonic integrated circuit development for any wavelength or platform.
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Fort Ross Ventures
VC Fund · Grand Cayman, Midland, Cayman Islands · 1 investments in Finland Retail startups

FortRoss Ventures, formerly MoneyTime Ventures, invests in early stage startups with the proven product, technology and go-to-market in the beginning of their international expansion and exponential revenue growth. The firm provides not only capital but give an access to the largest financial institution in CEE (infrastructure, customer base,go-to-market) through establishing the long term partnership (commercial contracts, JVs, other instruments) between the startup and anchor LPs.

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Investment focus

  • Industry: Software, FinTech, Artificial Intelligence
  • Stage:Series B, Series C, Series A
  • Geography: United States, Israel, Russian Federation

Investor stats

  • Total investments: 41
  • Round size: Series A $3.3M–$21M; Series B $8M–$58M; Series C $7.7M–$75M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $30M in 2022

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 — SegmentStream is a data intelligence platform which helps collect and unify from different data sources into own data warehouse for advanced analytics and attribution. Our solution is trusted by leading brands such as Benetton, Nespresso, New Balance, myToys, Eventim Group, and others.
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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 1 investments in Finland Retail startups

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.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Series A
  • Geography: Finland, United States, Chile

Investor stats

  • Total investments: 93
  • Round size: Seed $250k–$1.5M; Series A $1.7M–$22M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • AISTI — AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free – bringing sustainability to construction tile by tile.
  • 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.
  • Volare — Refining food industry side streams into sustainable protein, oil and fertilizers.
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Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail startups

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.

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Investment focus

  • Industry: Internet, Software, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Germany, United States

Investor stats

  • Total investments: 54
  • Round size: Seed $137k–$2M; Pre-Seed $159k–$1.8M; Series A $1.7M–$6.6M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • Swappie — Buy refurbished iPhones at an affordable price - Swappie offers refurbished and cheap iPhones with a free 12-month Swappie warranty.
  • Videoly — The easiest way for online retailers to get hand-picked and automatically embedded product videos.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, Norway, Denmark

Investor stats

  • Total investments: 92
  • Round size: Seed $900k–$8M; Pre-Seed $1.1M–$2.7M; Series A $3.3M–$37M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Yaak Technologies ApS — Safety in urban self-driving is currently an afterthought. At Yaak, we distill safety from driving experts for the next generation of human and autonomous driving.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
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SBT Venture Capital
VC Fund · London, England, United Kingdom · 1 investments in Finland Retail startups

SBT Venture Capital is investing in high growth early stage fin-tech companies breaking new ground and addressing new markets with new technology.

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Investment focus

  • Industry: FinTech, Software, Finance
  • Stage:Series B, Series D
  • Geography: Israel, Switzerland, United States

Investor stats

  • Total investments: 4
  • Round size: Series B $5.8M–$12M
  • Lead/follow: 25% lead, 75% follow

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.
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Henry Nilert
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail startups

Henry Nilert

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Finland, Latvia, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $743k–$2.2M; Pre-Seed $393k–$655k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Nordigen — Nordigen is a free open banking API that provides PSD2 data connections to all major European banks.
  • NurseBuddy — Meet Nursebuddy: a smart, intuitive platform engineered in Finland and built to help tomorrow's homecare businesses thrive.
  • Inscripta — PROFESSIONAL DICTATION MADE EASY
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Retail Investor funding in Finland at a glance

Stats across 31 deals from 37 investors.

37
investors
in Finland Retail startups
31
deals
in Finland Retail startups
$3.3M
median round
in Finland Retail startups
49%
lead investors
lead at least one round
16%
Seed
most common funding stage
86/14
VC / Angel
share of investor count

Access all 37 investors in Finland Retail startups.

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