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Top 20 Retail VC Funds & Investors in Finland (October 2026)

The most active venture capital funds 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
Summit Partners
VC Fund
4 United States, Germany, Canada Private Equity, Series B, Series C Software, Information Technology, Health Care $15M–$290M
Mobility Ventures
VC Fund
3 United States, Spain, Finland Seed, Angel, Series B Mobile, Apps, SaaS $640k–$4.5M
Icebreaker.vc
VC Fund
2 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $110k–$25M
Varma Mutual Pension Insurance Company
VC Fund
2 Finland, United Kingdom Series A, Series B, Venture - Series Unknown Software, Information Technology, Hardware $8.2M–$320M
Veikko Laine Oy
VC Fund
2 Finland Post-IPO Equity, Venture - Series Unknown Retail, Internet, Marketing $8.2M–$11M
Innovestor
VC Fund
2 Finland, Sweden, Denmark Seed, Venture - Series Unknown, Pre-Seed Software, Health Care, Information Technology $204k–$5.1M
Baidu
VC Fund
2 China, United States, Israel Series A, Series B, Series C Internet, Artificial Intelligence, Software $3M–$594M
Maki.vc
VC Fund
1 Finland, Norway, Denmark Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $578k–$37M
Rettig Group
VC Fund
1 Finland, United Kingdom Seed, Post-IPO Equity, Venture - Series Unknown SaaS, Retail, Internet
Fort Ross Ventures
VC Fund
1 United States, Israel, Russian Federation Series B, Series C, Series A Software, Artificial Intelligence, FinTech $3.3M–$75M
Heino Group
VC Fund
1 Finland Seed, Angel, Pre-Seed B2B, Fruit, Gaming $384k–$1.9M
Mandatum Asset Management
VC Fund
1 Finland Venture - Series Unknown Information Services, Information Technology, iOS $13M–$22M
SBT Venture Capital
VC Fund
1 United States, United Kingdom, Canada Series A, Series B, Seed FinTech, Financial Services, Mobile $3.3M–$12M
Reaktor Ventures
VC Fund
1 Finland, Germany, United States Seed, Pre-Seed, Series A Software, Internet, E-Commerce $137k–$6.8M
SCB 10X
VC Fund
1 United States, Thailand, Singapore Seed, Series A, Series B Blockchain, Software, Financial Services $1.2M–$100M
Gorilla Capital
VC Fund
1 Finland, Sweden, Estonia Pre-Seed, Seed, Venture - Series Unknown Software, Information Technology, SaaS $149k–$2.1M
Finnvera Venture Capital
VC Fund
1 Finland, United States, Chile Seed, Series A Software, Health Care, Manufacturing $250k–$23M
Redstone.VC
VC Fund
1 Germany, Finland, Switzerland Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $460k–$17M
Vendep Capital
VC Fund
1 Finland, United States, Denmark Seed, Series A, Venture - Series Unknown Software, SaaS, Information Technology $823k–$13M
Flashpoint
VC Fund
1 United States, Israel, United Kingdom Series A, Seed, Debt Financing Software, Artificial Intelligence, SaaS $800k–$19M
Access all 52 VC funds in Finland Retail startups.

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

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Investor list

Summit Partners
VC Fund · Boston, Massachusetts, United States · 4 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, Series C
  • Geography: United States, Germany, Canada

Investor stats

  • Total investments: 254
  • Round size: Series B $15M–$150M; Series C $20M–$125M; Private Equity $30M–$290M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: Likely still investing — raised $9.5B in 2024

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.
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Mobility Ventures
VC Fund · Addison, Texas, United States · 3 investments in Finland Retail startups

MOBILITY VENTURES: WE HELP ENTREPRENEURS SUCCEED!

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Investment focus

  • Industry: Mobile, Apps, SaaS
  • Stage:Seed, Angel, Series B
  • Geography: United States, Spain, Finland

Investor stats

  • Total investments: 6
  • Round size: Seed $640k–$4.5M
  • Lead/follow: 33% lead, 67% 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.
  • 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.
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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Retail startups

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.

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Investment focus

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

Investor stats

  • Total investments: 143
  • Round size: Seed $409k–$5.4M; Pre-Seed $110k–$1.3M; Series A $3.1M–$25M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $24M in 2021

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.
  • 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.
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Varma Mutual Pension Insurance Company
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Retail startups

Varma Mutual Pension Insurance Company operates as a pension insurance company in Finland. It provides pension insurance services, including insurance and pension services, vocational rehabilitation, insurance contribution estimates, and calculations. The company also provides training and guidance related to well-being at work and to socialsecurity while working abroad. In addition, Varma's additional services include online services; client financing services for pension foundations and funds; and advisory services for insured employees and entrepreneurs. The company was founded as Varma-Sampo Mutual Pension Insurance Company in 1998 and changed its name to Varma Mutual Pension Insurance Company in December 2003. Varma Mutual Pension Insurance Company is headquartered in Helsinki, Finland.

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Investment focus

  • Industry: Software, Information Technology, Hardware
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Finland, United Kingdom

Investor stats

  • Total investments: 15
  • Round size: Series A $53M–$131M; Series B $189M–$320M; Venture - Series Unknown $8.2M–$117M
  • Lead/follow: 20% lead, 80% follow

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.
  • Verda (formerly DataCrunch) — DataCrunch is a cloud service provider which facilitates utilization and integration of state of the art AI/ML models
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Veikko Laine Oy
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Retail startups

Veikko Laine Oy's products include both common and exotic fruits and brands. The firm directly imports goods from five different continents and personalizes the products to customers' specifications. The firm has its own transportation.

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Investment focus

  • Industry: Retail, Internet, Marketing
  • Stage:Post-IPO Equity, Venture - Series Unknown
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Round size: Venture - Series Unknown $8.2M–$11M
  • Lead/follow: 33% lead, 67% follow

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.
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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, Venture - Series Unknown, Pre-Seed
  • Geography: Finland, Sweden, Denmark

Investor stats

  • Total investments: 97
  • Round size: Seed $477k–$4.5M; Pre-Seed $204k–$2M; Venture - Series Unknown $529k–$5.1M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $33M in 2023

Portfolio highlights

  • Khoy — Khoy Company designs and develops comfortable, user-friendly, and sustainable sofa beds.
  • 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.
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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, Artificial Intelligence, Software
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Israel

Investor stats

  • Total investments: 138
  • Round size: Series A $3.7M–$194M; Series B $3M–$594M; Series C $14M–$446M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $1.5B in 2017

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.
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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: 103
  • Round size: Seed $948k–$8.3M; Pre-Seed $578k–$2.7M; Series A $3.5M–$37M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely actively investing — fresh fund, raised $106M in 2024

Portfolio highlights

  • Aavuus — Aavuus is building a global network of ground-based laser stations to detect and track space debris with high precision.
  • Metaktik — Tactical Metasurface Antenna Solution for Defence. Ultralight Antennas for Satellites.
  • 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.
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Rettig Group
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail startups

Rettig Group is a Finnish family held investment company that creates value for generations through active and responsible ownership.

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Investment focus

  • Industry: SaaS, Retail, Internet
  • Stage:Seed, Post-IPO Equity, Venture - Series Unknown
  • Geography: Finland, United Kingdom

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • eBrands — eBrands is an ecommerce group company that acquires, operates and scales small and medium-sized consumer brands
  • Goodsted — The Stakeholder Impact Management Platform to achieve ESG & social value targets, and scale your collective impact.
  • Purmo Group — Purmo Group is a sustainable indoor climate comfort solution comprehensive product offering includes radiators.
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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, Artificial Intelligence, FinTech
  • 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 $7.6M–$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 — 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.
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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, Angel, Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 6
  • Round size: Seed $384k–$1.9M
  • Lead/follow: 33% lead, 67% 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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Mandatum Asset Management
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail startups

Mandatum serves institutional and professional investors as well as family offices with its strong investment expertise, long experience and extensive resources.

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Investment focus

  • Industry: Information Services, Information Technology, iOS
  • Stage:Venture - Series Unknown
  • Geography: Finland

Investor stats

  • Total investments: 5
  • Round size: Venture - Series Unknown $13M–$22M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • HappySignals — HappySignals is the IT Experience Intelligence platform that turns employee experience into intelligence, and intelligence into real impact.
  • Novatron — Novatron designs, manufactures and delivers machine control systems.
  • Takomo Golf Company — Takomo Golf Company manufactures and sells golf products.
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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, Financial Services, Mobile
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 8
  • Round size: Series A $3.3M–$8M; Series B $5.8M–$12M
  • Lead/follow: 50% lead, 50% 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.
  • 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.
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Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail startups

Reaktor Ventures they invest in seed stage companies and helps them to create markets.

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Investment focus

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

Investor stats

  • Total investments: 60
  • Round size: Seed $137k–$2.1M; Pre-Seed $158k–$1.8M; Series A $1.7M–$6.8M
  • 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
  • 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.
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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: Blockchain, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Thailand, Singapore

Investor stats

  • Total investments: 73
  • Round size: Seed $1.2M–$16M; Series A $3.8M–$100M; 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

  • 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 — Frontier Agent Running In Your Infra and Compute. Pokee AI's official X account.
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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, Information Technology, SaaS
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 79
  • Round size: Seed $294k–$1.5M; Pre-Seed $149k–$680k; Venture - Series Unknown $1.1M–$2.1M
  • Lead/follow: 66% lead, 34% follow
  • Last fund: Likely actively investing — fresh fund, raised $49M in 2025

Portfolio highlights

  • Munchi — Munchi allows restaurants to manage all orders, payments and loyalty in one platform with the power of AI.
  • 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.
  • Nordic Information Control — Inventering och klassificering av information, automatiskt med Nordic Information Control Platform. Automatic Regulatory compliance.
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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, Manufacturing
  • Stage:Seed, Series A
  • Geography: Finland, United States, Chile

Investor stats

  • Total investments: 95
  • Round size: Seed $250k–$2.3M; Series A $1.8M–$23M
  • Lead/follow: 16% lead, 84% follow

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.
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Redstone.VC
VC Fund · Berlin, Berlin, Germany · 1 investments in Finland Retail startups, 22 in the past 12 months

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, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Finland, Switzerland

Investor stats

  • Total investments: 179
  • Round size: Seed $460k–$7.8M; Pre-Seed $1M–$4.4M; Series A $1.7M–$17M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fresh fund, raised $29M in 2026

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
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Vendep Capital
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Retail startups, 6 in the past 12 months

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: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Finland, United States, Denmark

Investor stats

  • Total investments: 55
  • Round size: Seed $823k–$5.4M; Series A $3.9M–$13M; Venture - Series Unknown $1.4M–$13M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely actively investing — fresh fund, raised $93M in 2025

Portfolio highlights

  • Complir — Complir's AI agents map product data, analyse compliance risks, generate documentation and track regulations across every market you sell in.
  • GitHits — Code context layer for coding agents. Version-aware index for agents to search, navigate, and inspect open-source code.
  • EnforceShield — EnforceShield provides an agentic AI system designed to identify and eliminate stolen or misused content.
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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, Artificial Intelligence, SaaS
  • Stage:Series A, Seed, Debt Financing
  • Geography: United States, Israel, United Kingdom

Investor stats

  • Total investments: 132
  • Round size: Seed $800k–$4M; Series A $2.3M–$19M; Debt Financing $1.8M–$15M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: Likely actively investing — fund raised in 2026

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.
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Retail VC funding in Finland at a glance

Stats across 46 deals from 52 investors.

52
investors
in Finland Retail startups
46
deals
in Finland Retail startups
$4.2M
median round
in Finland Retail startups
52%
lead investors
lead at least one round
20%
Venture - Series Unknown
most common funding stage

Access all 52 VC funds in Finland Retail startups.

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