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Top 20 Travel VC Funds & Investors in Finland (August 2026)

The most active venture capital funds investing in Finland Travel startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Travel startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Icebreaker.vc
VC Fund
4 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $110k–$25M
Tesi
VC Fund
3 Finland, United States, Switzerland Series A, Series B Software, Manufacturing, Health Care $2.4M–$41M
Maki.vc
VC Fund
3 Finland, Norway, Denmark Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $834k–$37M
Activum
VC Fund
3 United Kingdom, France, Austria Seed, Series A, Series B Software, Real Estate, Logistics $1.8M–$62M
Reaktor Ventures
VC Fund
3 Finland, Germany, United States Seed, Pre-Seed, Series A Internet, Software, E-Commerce $137k–$6.8M
Business Finland
VC Fund
3 Finland, United States, Sweden Grant, Seed, Debt Financing Software, SaaS, Biotechnology $52k–$10M
Falkensteiner Ventures
VC Fund
1 Austria, Finland, The Netherlands Seed, Pre-Seed Hospitality, SaaS, Travel
Zenith Venture Capital
VC Fund
1 Sweden, Denmark, Finland Seed, Series A, Series B Software, Sports, Apps $531k–$12M
River Venture Partners
VC Fund
1 The Netherlands, Finland, Latvia Seed, Angel, Pre-Seed Internet, Software, SaaS $60k–$3M
Springvest
VC Fund
1 Finland Series A, Seed, Venture - Series Unknown Biotechnology, Health Care, Medical $1.6M–$53M
Finnvera Venture Capital
VC Fund
1 Finland, United States, Chile Seed, Series A Software, Health Care, Information Technology $250k–$22M
Veritas Venture Partners
VC Fund
1 United States, Israel, Finland Series A, Series B, Series C Mobile, Internet, Software $3M–$18M
Vendep Capital
VC Fund
1 Finland, Denmark, United States Seed, Series A, Pre-Seed SaaS, Software, Information Technology $106k–$13M
Inventure
VC Fund
1 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Health Care $549k–$25M
Butterfly Ventures
VC Fund
1 Finland, Sweden, Norway Seed, Pre-Seed Software, Health Care, Information Technology $110k–$4.3M
Rockaway Ventures
VC Fund
1 Germany, United States, Czech Republic Seed, Series A, Venture - Series Unknown Artificial Intelligence, Travel, Software $631k–$520M
Global Brain Corporation
VC Fund
1 Japan, United States, United Kingdom Series A, Series B Information Technology, Software, Artificial Intelligence
Morro Ventures
VC Fund
1 Puerto Rico, Chile, United States Seed, Pre-Seed, Series A Financial Services, FinTech, SaaS $150k–$12M
Canon Marketing Japan
VC Fund
1 Japan, Finland, United States Series B, Series A, Seed Video, PaaS, Information Technology
Alcom
VC Fund
1 Finland Travel, Internet
Access all 28 VC funds in Finland Travel startups.

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

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Investor list

Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Travel 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: 135
  • Round size: Seed $384k–$5.2M; Pre-Seed $110k–$1.3M; Series A $3.1M–$25M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — raised $22M 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.
  • ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
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Tesi
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Travel startups

Finnish Industry Investment Ltd is a government-owned investment company. It invests the proceeds accrued from the privatisation of state-owned companies in stimulating the growth and internationalisation of Finnish businesses.Finnish Industry Investment invests in venture capital funds and directly in growth companies, together with privateco-investors. The targets are in all sectors. Capital investments are needed for financing the growth of investee companies, and for spin-offs, major industrial investments, and sector and corporate restructurings.The investments of Finnish Industry Investment amount to over MEUR 570

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Investment focus

  • Industry: Software, Manufacturing, Health Care
  • Stage:Series A, Series B
  • Geography: Finland, United States, Switzerland

Investor stats

  • Total investments: 152
  • Round size: Series A $2.4M–$41M; Series B $3.1M–$35M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
  • Vexlum — A #laser company providing high-power #VECSELs for #QuantumTechnology
  • CurifyLabs — CurifyLabs enables 3D printed personalized medicines in pharmacies and hospitals. Always close to the patient.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Travel 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: 102
  • Round size: Seed $948k–$8.3M; Pre-Seed $834k–$2.7M; Series A $3.3M–$37M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fund raised 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.
  • Disior — At Disior, we build software to measure and model tissue structures in CT- and MRI-images for better diagnosis and treatment planning.Our solutions are for clinical use. They enable fast, accurate and reproducible measuring for diagnostics and patient-specific, optimized treatment planning. Based on mathematical modelling, Disior algorithmsextract the correct shape or structure from the medical image. This way, the software is not dependent on finding familiar structures or comparing something to reference data. We combine engineering and R&D talent with medical and biotechnology professionals. Our team brings together decades of experience in creating world’s best simulation and modelling systems from smartphone R&D; clinicians and researchers in maxillofacial and orthopedics; and technology innovation and commercialization.For demo, pilots and research projects, please contact Anna-Maria Henell, CEO: +358 50 483 6433 / anna-maria (at) disior.com
  • Quanscient — Quanscient develops multiphysics simulation software utilizing quantum computing algorithms to improve simulation technology. Its Computer Aided Engineering (CAE) platform integrates a unique combination of cloud-native multiphysics solvers, advanced cloud computing, and future quantum integration. The platform also offers engineers over ahundredfold increase in simulation throughput to enable fully digital R&D processes, addressing complex technology challenges in industries like fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace.
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Activum
VC Fund · Berlin, Berlin, Germany · 3 investments in Finland Travel startups

ActivumSG is a private equity investment manager focused on real estate related opportunities in selected European markets.

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Investment focus

  • Industry: Software, Real Estate, Logistics
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, France, Austria

Investor stats

  • Total investments: 16
  • Round size: Seed $1.8M–$4.3M; Series A $11M–$28M; Series B $15M–$62M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $572M in 2018

Portfolio highlights

  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • Swapp — Real estate developers, architects and engineers use Swapp to design buildings in a smart, flexible and efficient process.
  • Storebox — Storebox is the first fully digitized self-storage solution in Europe, with more than 140 locations in Austria, Germany, Switzerland and Luxembourg. We offer storage spaces for private and business purposes, which are automatically accessible at any time. With our successful and recently awarded franchise system, we manage to grow and will continueto expand within Europe.Storebox is more than just a self-storage system. FULL-SERVICE CLICK & COLLECT Click & Collect directly in your neighbourhood? Storebox allows you to quickly and easily expand the Click & Collect offer for your customers to new districts, cities and countries. We coordinate the transport and customer communication for you.MICRO-HUBS FOR THE LAST MILE Use central warehouse locations in urban areas as a starting point for the last mile. Storebox as a micro-depot offers you the fastest way to your customers, allowing you to save time, money and emissions. Customer proximity and responsiveness through local storage: Benefit from our strategically positioned storage units and serve the needs of your customers as quickly as possible. At the same time, you can reduce unnecessarily driven kilometres by your employees in the field and thus save time and money.SPARE PARTS WAREHOUSE FOR SERVICE TECHNICIANS With Storebox you can store spare parts and goods directly where they will be used. In this way, you are in close proximity to the customer and save yourself long travel times for collecting the materials from a central warehouse. Create more efficiency by receiving deliveries of goods 24/7 directly to the Storebox and returning them if necessary.
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Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Travel startups

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

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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: 58
  • Round size: Seed $137k–$2M; Pre-Seed $159k–$1.8M; Series A $1.7M–$6.8M
  • Lead/follow: 14% lead, 86% 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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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Travel startups, 19 in the past 12 months

Business Finland finances business R&D projects and public research projects at universities, research institutes and universities of applied sciences. Read more about R&D and business funding.

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Investment focus

  • Industry: Software, SaaS, Biotechnology
  • Stage:Grant, Seed, Debt Financing
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 229
  • Round size: Seed $297k–$3.5M; Grant $52k–$10M; Debt Financing $241k–$6.5M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • 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.
  • Coolbrook — Our RotoDynamic electric technology can cut 30% of industrial emissions annually, delivering hope at industrial scale.
  • Solar Foods — Solar Foods is a food-tech startup that specializes in testing a technology that uses electricity to produce hydrogen which is combined with carbon dioxide, water, vitamins, and minerals to feed and grow microbial biomass that can be used as edible protein. The industrial biotech startup develops a protein called Solein, a nutritious, sustainablesubstitute for animal-derived proteins. Solein is created using elements from the air—CO2, water, nitrogen—and electricity. This single-cell protein is cultivated through gas fermentation, essentially deriving edible calories from hydrogen-oxidizing microbes.
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Falkensteiner Ventures
VC Fund · Vahr, Bremen, Germany · 1 investments in Finland Travel startups

We support selected founders in hotel, lodging, leisure and elderly care from the concept-, early stage-, pre-seed or seed-phase with specific know how, professional network, investment and infrastructure. Our geographical focus for traction in the first acceleration phase is German speaking Europe - and where you are.

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Investment focus

  • Industry: Hospitality, SaaS, Travel
  • Stage:Seed, Pre-Seed
  • Geography: Austria, Finland, The Netherlands

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • AVISIO — AVISIO brings digital inventory and procurement management to independent hotels and restaurants with a highly integrated and user friendly SaaS solution. AVISIO integrates the used POS and PMS systems to automate inventory processes and give smart order quantity suggestions based on booking data.
  • JetCamp — Camping & holiday park search engine & booking platform. 22.000 campings and parks across Europe. Multilingual site. PMS & channel manager connectivity. Set up in 2019 by ex-Thomas Cook managers Erwin Hoevenaar and Roderik Verburg. Together they share +40 years of digital marketing, online sales and management of travel-sellingcompanies
  • Keyone — Keyone is a tech-driven vacation rental management company assisting home owners in buying, managing, and selling their assets with ease.
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Zenith Venture Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Finland Travel startups

Zeniths vision is to become the obvious partner for entrepreneurs and investors. We believe this will be achieved by helping entrepreneurs to build fantastic companies and thus deliver attractive return to our investors.

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Investment focus

  • Industry: Software, Sports, Apps
  • Stage:Seed, Series A, Series B
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 23
  • Round size: Seed $531k–$4.5M; Series A $1.8M–$12M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Cerve — Cerve helps food and beverage companies turn fragmented data into reliable insights and agentic automations.
  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • CoCoach — Build your dream coaching business with everything you need from day one. Get the 4 essential parts you need for a successful headstart.
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River Venture Partners
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Finland Travel startups

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

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Investment focus

  • Industry: Internet, Software, SaaS
  • Stage:Seed, Angel, Pre-Seed
  • Geography: The Netherlands, Finland, Latvia

Investor stats

  • Total investments: 22
  • Round size: Seed $424k–$3M; Angel $60k–$800k
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Fledger — Fledgerr develops cutting-edge equity management solution.
  • Contentoo — Contentoo is Europe’s leading platform for content marketing talent built to help rising companies work with the full power of content. We offer a global pool of pre-screened freelance writers, localisation experts, designers, strategists, and many other creatives combined with best-in-class tools to level up your content creation.Visitwww.contentoo.com for more information.
  • Clubee — Manage your club with ease. Websites, Member Management, Communication, Finance, Sponsorships and more.
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Springvest
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Travel startups

The Citizenship Fund started out when the founders of the company discovered in their previous positions that a promising Finnish growth company will spend a great deal of time and energy in arranging financing. A good business idea and a team with excellent team could take months in financial negotiations and the outcome could be a return to thestart-up. At the same time, investors often wanted new types of higher potential investments alongside traditional alternatives.These two challenges were possible by removing the promising growth companies as investors, even for non-traditional venture capital investors. Citizenship wanted to create a service in which the company would be able to capitalize on business quickly and flexibly, but the decision-making business would be left to the company itself. From today's point of view, Springvest's goal is that an increasing number of Finnish investors can get involved in the story of Finnish growth companies and potential success.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: Finland

Investor stats

  • Total investments: 23
  • Round size: Seed $1.6M–$7.6M; Series A $3.6M–$53M; Venture - Series Unknown $9.1M–$29M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
  • MedicubeX — MedicubeX aims to revolutionize preventive healthcare by building a network of autonomous self-measurement and telehealth eHealth Stations. We are the most advanced health kiosk and the first one in the Nordics. The eHealth Station offers regular clinical-grade medical check-ups for everyone regardless of location.
  • CurifyLabs — CurifyLabs enables 3D printed personalized medicines in pharmacies and hospitals. Always close to the patient.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 1 investments in Finland Travel 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: 95
  • Round size: Seed $250k–$2.3M; Series A $1.7M–$22M
  • 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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Veritas Venture Partners
VC Fund · Ra'anana, HaMerkaz, Israel · 1 investments in Finland Travel startups

Veritas is dedicated to providing entrepreneurs with a fast and discreet reply. They try to be responsive to what is often the entrepreneur's greatest need - a sensitive ear - before and after their investment is made.While they attempt to add value to their portfolio companies in all facets of their development, they believe that the mostvaluable input they provide to entrepreneurs is listening to them and accompanying them in what can be a lonely climb to the top.

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Investment focus

  • Industry: Mobile, Internet, Software
  • Stage:Series A, Series B, Series C
  • Geography: United States, Israel, Finland

Investor stats

  • Total investments: 14
  • Round size: Series A $3M–$4M; Series B $5M–$13M; Series C $5.5M–$18M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • fring — fring is a mobile communication service that enables free mobile Group Video calls, video calls, voice calls and live chat. fring is available on all major Smartphones (including iPhone/ iPod touch, Android and Nokia), on any mobile operator, and any mobile internet connection (3G/4G, WiFi, GPRS, EDGE). fring has a real time contactavailability feature which allows you to see who is online before you call them.fring was the 1st to bring mobile VoIP, Video and Group Video over IP. fring adds more than a million new Smartphone users every month.
  • ClickFox — Improve customer experience and achieve significant ROI with BryterCX customer journey analytics. Transform event data into a map of customer behaviors.
  • Ukkoverkot — Ukkoverkot Ltd is a Finnish mobile data operator, that maintains, sells and markets a 450 MHz 4G LTE mobile data network that covers all of Finland. The company focuses purely on the production of wireless telecommunication services, especially for companies, authorities and other demanding user groups and therefore does not offer voice- or SMSservices.In addition to the country wide network service, Ukkoverkot offers high-speed mobile network solutions in a narrower coverage area for both continuous and temporary needs.
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Vendep Capital
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Travel 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, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, Denmark, United States

Investor stats

  • Total investments: 48
  • Round size: Seed $713k–$5.4M; Pre-Seed $106k–$2.8M; Series A $3.9M–$13M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2021

Portfolio highlights

  • GitHits — Code context layer for coding agents. Version-aware index for agents to search, navigate, and inspect open-source code.
  • Agileday — Connect your business elements in one tool and manage your entire operations with Agileday. Match sales, projects, and talent together and optimize your business.
  • Test of Things — Automate IoT security testing and compliance with major standards and accelerate product development with Test of Things.
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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Travel startups

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

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Investment focus

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

Investor stats

  • Total investments: 176
  • Round size: Seed $549k–$5.9M; Series A $1.3M–$17M; Series B $1.3M–$25M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $169M in 2022

Portfolio highlights

  • Leetify — We help gamers identify their weaknesses, work on those weaknesses and track their progression.
  • UpCloud — World's fastest cloud servers with a 100% uptime SLA! Sign up for a free trial today.
  • ONEiO — ONEiO is a cloud-native integration service provider connecting people, processes, and tools – enabling seamless collaboration without traditional integration hassle. Provided as a turn-key solution, as self-service, or something in between. You choose.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 1 investments in Finland Travel startups

Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.

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Investment focus

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

Investor stats

  • Total investments: 89
  • Round size: Seed $275k–$2.1M; Pre-Seed $110k–$4.3M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • DREV — DREV is a cleantech company manufacturing contamination control solutions for the world’s most advanced manufacturing facilities.
  • Zenniz — Zenniz is an ITF approved game tracking solution that provides real-time info, such as automated line calling, stroke and serve speeds, shot charts, match statistics and more. Players and coaches at all levels can use Zenniz on and off the court to help improve their game. For tennis clubs, Zenniz is an easy and cost-effective way to upgrade to thenext level. Due to a new, innovative sensor technology, they’ve been able to keep the cost to a minimum, making Zenniz accessible for all clubs, coaches and players.
  • Polar Light Technologies — Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.
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Rockaway Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Finland Travel startups

Rockaway Ventures (Fund of Rockaway Capital) focuses on late-stage venture and growth equity ESG investments in digital economy in Europe

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Investment focus

  • Industry: Artificial Intelligence, Travel, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Germany, United States, Czech Republic

Investor stats

  • Total investments: 26
  • Round size: Seed $631k–$7.5M; Series A $1.5M–$520M; Venture - Series Unknown $5.9M–$31M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • ValkaAI — ValkaAI is a B2B platform leading in digital human technology, creating generative content solutions for various industries. It's set to disrupt traditional video production with superior scalability and personalization.
  • Filuta AI — Operationalized Composite Artificial Intelligence
  • Float — Float provides homeowners with real-time energy monitoring through a plug-and-play module installed directly into the electrical meter, requiring no electrician. Its AI analyzes every watt consumed, identifying devices (starting with high-energy ones like ovens and improving over time), delivering second-by-second insights into usage patterns,costs, and anomalies via a mobile app.
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Global Brain Corporation
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Finland Travel startups

Global Brain Corporation is a venture capital firm that invests in companies from seed or early to pre-IPO startups. Global Brain has invested in 300+ startups from seed/early to pre-IPO startups and achieved 25 IPOs and 61 M&As as a result of providing hands-on support services and resources to its portfolio startups. Global Brain hasmanaged a pure investment fund as well as multiple corporate venture capital funds partnered together with tier 1 public companies of telecom, real estate development, financial service, beverages, agriculture food, logistics, and electronic devices.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Series A, Series B
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 470
  • Lead/follow: no public data

Portfolio highlights

  • Monogusa — Monoxer is a Information Technology.
  • Zenno Astronautics — Zenno Astronautics hardware and software products ensure satellite missions are effectively managed, guaranteeing maximum economic returns and responsible use of space.
  • Counter Culture Company — Counter Culture Company is an online platform that offers K-pop dance classes ranging from beginner to professional levels.
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Morro Ventures
VC Fund · San Juan, NA - Puerto Rico, Puerto Rico · 1 investments in Finland Travel startups

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

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Investment focus

  • Industry: Financial Services, FinTech, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Puerto Rico, Chile, United States

Investor stats

  • Total investments: 24
  • Round size: Seed $1.1M–$4.7M; Pre-Seed $150k–$1.1M; Series A $2M–$12M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2018

Portfolio highlights

  • Toteat — Headquarters located at Vitacura 2771, of. 504, Las Condes, Santiago de Chile
  • Kiwi — Kiwi is a leading platform that helps Latinos living in the US, who may have limited credit data and access to capital, build credit history through unsecured lines of credit and alternative credit builder programs. As the fastest-growing minority segment in the US, the Latino market is expected to reach over 100 million in the next few decades.Our mission is to empower Latinos by providing tools and resources to establish credit, access capital and save money.
  • BackChannel — BackChannel is an online B2B platform for inventory transactions and for buying and selling online goods.
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Canon Marketing Japan
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Finland Travel startups

Canon Marketing Japan is a distributor and seller of canon products. They also provide marketing and other services. They offer products and services that include business use multifunctional products, commercial printing systems, laser printers, embedded software, system integration, digital cameras, interchangeable lenses, medical equipment, andsemi-conductor manufacturing equipment.

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Investment focus

  • Industry: Video, PaaS, Information Technology
  • Stage:Series B, Series A, Seed
  • Geography: Japan, Finland, United States

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Asilla — Asilla develops and provides AI specialized in image and video analysis. Its services, the Vehicle recognition AI, recognizes the manufacturer and model from the image of the vehicle. It also has a censorship service that detects inappropriate images that can not be released, including copyrights and obscene expressionsAsilla was founded in 2015and is based in Tokyo, Japan.
  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • MODE — MODE offers customized solutions to unleash the power of real-world data for your business.
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Alcom
VC Fund · Mariehamn, NA - Åland Islands, Åland Islands · 1 investments in Finland Travel startups

Ålcom is a local provider of GSM, 3G and LTE mobile; fixed telephony, broadband, ISP services and IPTV in the autonomous Finnish region of the Åland Islands. In 2016, Ålcom partered with Ukko Mobile to extend Ukko Mobile's LTE 450MHz coverage also in Åland.[1] At the same time, Ålcom took a minority stake in Ukko Mobile.

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Investment focus

  • Industry: Travel, Internet
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Ukkoverkot — Ukkoverkot Ltd is a Finnish mobile data operator, that maintains, sells and markets a 450 MHz 4G LTE mobile data network that covers all of Finland. The company focuses purely on the production of wireless telecommunication services, especially for companies, authorities and other demanding user groups and therefore does not offer voice- or SMSservices.In addition to the country wide network service, Ukkoverkot offers high-speed mobile network solutions in a narrower coverage area for both continuous and temporary needs.
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Travel VC funding in Finland at a glance

Stats across 18 deals from 28 investors.

28
investors
in Finland Travel startups
18
deals
in Finland Travel startups
$1.6M
median round
in Finland Travel startups
46%
lead investors
lead at least one round
39%
Seed
most common funding stage

Access all 28 VC funds in Finland Travel startups.

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