# Top 50 VC (Venture Capital) Funds in Finland in June 2026

## Business Finland
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 105
- Stages: Seed, Grant, Debt Financing
- Focus: Software, SaaS, Biotechnology

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.

## Lifeline Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 99
- Stages: Seed, Series A
- Focus: Software, Health Care, E-Commerce

Lifeline Ventures Oy is a venture capital firm specializing in startups, growth capital, and early stage investments. The firm seeks to invest in healthcare, games, web based and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. The firm targets investing between €0.5 million ($0.66million) and €1 million ($1.32 million). It seeks make inception to Series A investments. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland.

## Tesi
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 79
- Stages: Series A, Series B
- Focus: Software, Manufacturing, Health Care

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

## Icebreaker.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 71
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

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.

## Finnvera Venture Capital
- Type: VC Fund
- Location: Kuopio, Eastern Finland, Finland
- Relevant deals: 68
- Stages: Seed, Series A
- Focus: Software, Health Care, Information Technology

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.

## Superhero Capital
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 62
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Internet

Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€.

## Inventure
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 60
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Health Care

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

## Butterfly Ventures
- Type: VC Fund
- Location: Oulu, Oulu, Finland
- Relevant deals: 57
- Stages: Seed, Pre-Seed
- Focus: Health Care, Software, Information Technology

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.

## Visionplus
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 51
- Stages: Seed, Series A
- Focus: Software, Information Technology, Internet

WE HELP YOU TO GROW FASTER!

## Maki.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 47
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, Information Technology

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.

## Innovestor
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 46
- Stages: Seed, Pre-Seed
- Focus: Software, Health Care, Information Technology

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

## First Fellow Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 43
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Artificial Intelligence

First Fellow Partners is a private investment firm built on a founder-first philosophy. We invest only our own capital, backing bold, mission-driven technology entrepreneurs from idea to lasting impact.

## Reaktor Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 41
- Stages: Seed, Pre-Seed, Series A
- Focus: Internet, Software, E-Commerce

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.

## Voima Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 36
- Stages: Seed, Pre-Seed, Series A
- Focus: Biotechnology, Health Care, Artificial Intelligence

Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and value adding capital. They shed light on the ideas and technology which require time and courage to build. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics,software & ICT and AI. In addition, Voima Ventures has invested in more than 30 deep tech startups, including companies like Solar Foods, Infinited Fiber Company, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and European Investment Fund (EIF), backed by Finnish private and institutional investors.

## Gorilla Capital
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 31
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, SaaS, Information Technology

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

## Redstone.VC
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 25
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Health Care

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

## Vendep Capital
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 23
- Stages: Seed, Series A
- Focus: SaaS, Software, Analytics

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.

## OpenOcean
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 19
- Stages: Series A, Series B, Seed
- Focus: Software, Information Technology, SaaS

OpenOcean is an early-stage venture capital firm investing in B2B software across Europe with offices in London & Helsinki.

## Sisu Game Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 19
- Stages: Seed, Series A
- Focus: Gaming, Video Games, Software

Sisu Game Ventures is an early-stage venture capital fund focused 100% on games. We set up shop in 2014 to support the most promising founders in the industry. Sisu has deep roots in the Nordic region, but our network of founders is fully global.The Sisu team consists of Samuli, Paul, Erik, Kalle, Moaffak, Kadri, and Jere - all of whom haveextensive backgrounds in the game industry and startup circles, both as entrepreneurs and investors. We've founded and built sixteen game companies since the early 90s and had several successful exits. Apart from funding companies, the team uses their expertise to act as a studio builder. Individual founders are supported in building their team, honing their product strategy and in gathering the right group of investors.

## Play Ventures
- Type: VC Fund
- Location: Grand Cayman, Midland, Cayman Islands
- Relevant deals: 17
- Stages: Seed, Pre-Seed, Series A
- Focus: Gaming, Video Games, Software

Play Ventures is a venture funding that invests globally in games and game services startups.

## VTT Ventures
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 17
- Stages: Seed, Series A
- Focus: Biotechnology, Manufacturing, Sensor

VTT is a powerhouse of technology development and scientific research. Many of the most significant Finnish technology start-ups were brought to life at VTT. Do you want to invest in ongoing ventures?

## Wave Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 16
- Stages: Seed, Pre-Seed
- Focus: Software, Internet, Information Technology

Founded in 2016, Wave Ventures is the largest student-run VC in Europe, backed by Nordic unicorn founders, investing in Gen Z entrepreneurs at the earliest stage. We operate both from Finland and Sweden with a team of five people from the top universities in the region.

## Illusian Founder Office
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 16
- Stages: Seed, Series A, Series B
- Focus: Software, Artificial Intelligence, Information Technology

Illusian is the Founder Office of people who have founded and scaled companies like Supercell, Zalando, Wolt, Aiven, Pigment, and Smartly. While the group is still busy running their businesses, they've aligned their networks, capital, and expertise to simultaneously support the next generation of builders.

## Springvest
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 14
- Stages: Series A, Seed
- Focus: Biotechnology, Health Care, Energy

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.

## Conor Venture Partners
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 14
- Stages: Series A, Series B, Seed
- Focus: Software, Analytics, Semiconductor

Conor Venture Partners is a new breed technology venture capital fund and management company. Conor invests in early-stage companies originating from Nordic and Baltic countries. Investment areas include information and communications technology, embedded software, semiconductor technology, electronics, new materials and optics.

## Initial Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 13
- Stages: Seed, Series A
- Focus: Gaming, Mobile, Software

Initial Capital is an investor in seed and early-stage technology companies with a focus on games, consumer services & technology enablers.

## Nidoco
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 12
- Stages: Seed, Series A
- Focus: Software, Health Care, Apps

Nidoco AB is a Swedish investment company whose strategy is to create long-term value through active ownership of public and private companies.

## Nordic Foodtech VC
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 12
- Stages: Seed, Series A
- Focus: Biotechnology, Life Science, Water

We are investing in #FutureFood. Nordic FoodTech VC is the first fund in the Nordics investing explicitly in the future of food

## FOV Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 11
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Gaming, 3D Technology

FOV Ventures invests in early-stage European companies across Spatial Computing, AI, 3D, and Robotics.

## Supercell
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 11
- Stages: Seed, Series A
- Focus: Gaming, Video Games, PC Games

Visit Supercell.com and find out more about us and our games.

## Stephen Industries
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 10
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Biotechnology, Apps

We fund futurebreakthroughs

## Spintop Ventures
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 10
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Founded in 2009, Spintop Ventures is a venture capital firm backed by a network of successful tech entrepreneurs who have invested in Spintop alongside institutional investors, family offices and some of the most experienced private investors in early stage growth companies.

## Finnish Climate Fund
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 10
- Stages: Debt Financing, Series A
- Focus: Energy, Renewable Energy, Manufacturing

The Climate Fund focuses on combating climate change, boosting low-carbon industry and promoting digitalisation.

## PROfounders Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 10
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, Apps

We are PROfounders. We are the proactive European early-stage venture fund.

## LVP
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 10
- Stages: Seed, Series A
- Focus: Gaming, Video Games, Mobile

LVP is a venture capital seed fund with a difference - they're operating experts in the games sector, and they only ever invest in the games ecosystem. That means they bring real experience and deep understanding. They speak the same language, share the same references, understand the same challenges - and they believe in the same vision.They know instinctively where the opportunities lie; where there are strengths to be harnessed and exposures to be covered. In fine-grain, no-hiding, straight-talking detail. They know when to bide time, when to iterate and when to go wide. And how.They invest in people. That means founders with the potential to build the best in the world; teams with terrific, creative games development skills, or fantastic ideas for revolutionary games technology or services… and a vision that sets them apart.

## Antler
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 9
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

## Trind Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 8
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Trind VC is a founder-first venture capital firm investing in early-stage consumer startups across Europe. We back ambitious teams, help them grow, and stay by their side through every stage of the journey.

## byFounders
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 8
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Health Care

byFounders is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global network. Believing in the power of tech to shape our future, byFounders takes an impact-aware approach to investing and working with the broader startup ecosystem.

## CapMan
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 8
- Stages: Private Equity, Series B
- Focus: Software, Information Technology, Manufacturing

CapMan is a leading Nordic private assets management and investment company. They have built value in unlisted businesses, real estate and infrastructure for 30 years. They serve investors in the private assets class on a broad scale. Their roots are Nordic but their handprint and their networks are international.At CapMan, they build betterorganised, managed, and financially stable companies, because this contributes to overall economic well-being. More jobs and innovations equal better conditions for the society. Similarly, they invest in real estate and infrastructure, because they believe that functional high-quality environments and utilities are cornerstones for functioning societies.

## Voland Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 8
- Stages: Series A
- Focus: Information Technology, Software, Marketing

Voland is a hands-on technology growth investor. A trusted partner for entrepreneurs, applying our expertise to enhance our portfolio companies.

## Nordea
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 7
- Stages: Debt Financing, Seed
- Focus: FinTech, Financial Services, Banking

Nordea Bank is Denmark's second-largest bank and counts every fourth Dane among its customers. Through their nationwide network of some 340 branch offices and a broad range of self-service facilities, they are able to offer you a full scale of financial products and services, including Netbank, Online Investment, telephone banking and cashdispensers.

## Nordic Science Investments
- Type: VC Fund
- Relevant deals: 7
- Stages: Seed, Pre-Seed, Series A
- Focus: Biotechnology, Medical, Health Diagnostics

We partner with founders to transform unseen scientific discoveries into future breakthroughs, jointly moving businesses, people, and the world forward.

## DN Capital
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 6
- Stages: Series A, Series B, Seed
- Focus: Software, SaaS, E-Commerce

DN Capital is an early-stage venture capital firm that invests primarily in Europe and North America. The firm focuses on companies that plan to establish operations on both sides of the Atlantic, and strives to help its companies build international businesses. Founded in 2000, the company has operations in London and Silicon Valley. DN Capital’sprevious funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile app), Auto1 (world's largest used car marketplace), Purplebricks (IPO London) and Quandoo (sold to Recruit).

## OP Financial Group
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 6
- Stages: Debt Financing, Post-IPO Debt, Series A
- Focus: Energy, Renewable Energy, FinTech

OP Financial Group is one of the largest financial companies in Finland. It consists of 180 cooperative banks and their central organization. The financial group has over 1.4 million customer-owners

## Korpun Siemen
- Type: VC Fund
- Location: Oulu, Oulu, Finland
- Relevant deals: 6
- Stages: Seed, Angel
- Focus: Software, Marketing, Information Technology

Korpun Siemen is backed by 33 investors who have combined their initial investment activities and have extensive experience in start-up, growth and family businesses in various industries. The company includes active angel investors, entrepreneurs in growth companies and investors who have already exited their companies.

## Tiny Supercomputer Investment Company
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Backing great companies when they're tiny

## Sparkmind.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Education, E-Learning, EdTech

Sparkmind.vc is the first Nordic venture capital company focused on the learning sector. The company invests in teams transforming early childhood, K12, higher, secondary and vocational education as well as corporate and lifelong learning. The investment sweet spot of the company is from seed to international growth phase with single investments upto €5m.

## Tiny VC
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Backing great companies when they're tiny

## Crowberry Capital
- Type: VC Fund
- Location: Reykjavík, Gullbringusysla, Iceland
- Relevant deals: 6
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Gaming, Health Care

Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics. Our mission is to back people that are good for companies and build companies that are good for people. We have a strong follow-through philosophy and commit to putting your company first.

## Heartcore Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 6
- Stages: Seed, Series A, Series B
- Focus: Software, FinTech, Artificial Intelligence

Heartcore Capital invests in companies re-enchanting the world through technology.
