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Top 50 Climate VC Funds & Investors in Finland (October 2023)

The most active venture capital funds investing in Finland Climate startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Climate startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Tesi
VC Fund
23 Finland, United States, Argentina Series A, Series B Software, Manufacturing, Health Care $1.8M–$20M
Finnvera Venture Capital
VC Fund
14 Finland, United States, Switzerland Seed, Series A Software, Health Care, Information Technology $250k–$21M
Butterfly Ventures
VC Fund
14 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $214k–$2M
Lifeline Ventures
VC Fund
14 Finland, United States, United Kingdom Seed, Series A Software, Health Care, E-Commerce $429k–$20M
Inventure
VC Fund
11 Finland, Sweden, Denmark Seed, Series A Software, Information Technology, Health Care $482k–$12M
Business Finland
VC Fund
10 Finland, United States, United Kingdom Seed, Grant Software, Information Technology, SaaS $36k–$3.2M
Innovestor
VC Fund
7 Finland, Denmark, Sweden Seed, Series A Software, Health Care, Manufacturing $482k–$4.3M
VNT Management
VC Fund
6 Finland, Germany Series B, Seed Manufacturing, Electronics, Information Technology $3.2M–$4.3M
Voima Ventures
VC Fund
4 Finland, Norway, Sweden Seed, Pre-Seed Biotechnology, Health Care, Software $429k–$3.2M
VTT Ventures
VC Fund
4 Finland Seed, Series A Manufacturing, Biotechnology, 3D Technology $460k–$1.8M
Visionplus
VC Fund
4 Finland, United States, United Kingdom Seed, Series A Software, Information Technology, Internet $75k–$1.1M
Nidoco
VC Fund
3 Finland, Sweden, Estonia Seed, Series B Health Care, Software, Artificial Intelligence $675k–$2.7M
Aura Group
VC Fund
3 Australia, Finland Series A, Seed iOS, Blockchain, Information Technology $5.4M–$13M
Bragiel Brothers
VC Fund
2 United States, Finland, Japan Seed, Series A, Pre-Seed Software, FinTech, Information Technology $255k–$68M
Sitra
VC Fund
2 Finland, The Netherlands Series A, Series C Health Care, Biotechnology, Therapeutics
True Ventures
VC Fund
2 United States, United Kingdom, Finland Series A, Seed, Series B Software, Information Technology, Internet $1M–$35M
First Fellow Partners
VC Fund
2 Finland, United States, Estonia Seed, Series A Software, SaaS, Enterprise Software $375k–$33M
Innovations Kapital
VC Fund
2 Sweden, Denmark, United States Series B, Series C Biotechnology, Health Care, Software $5.5M–$30M
Taaleri
VC Fund
2 Finland, Kenya Seed, Pre-Seed Financial Services, FinTech, Lending $236k–$6.4M
Wave Ventures
VC Fund
2 Finland, Sweden, Germany Seed, Pre-Seed Software, Mobile Apps, Internet $107k–$600k
Valve Ventures
VC Fund
2 Finland Seed, Series A Energy, CleanTech, Oil and Gas $4.3M–$6.5M
Maki.vc
VC Fund
2 Finland, Germany, United Kingdom Seed, Series A Software, SaaS, E-Commerce $750k–$12M
Übermorgen Ventures
VC Fund
2 Germany, Switzerland, Finland Seed, Pre-Seed Energy, Software, Renewable Energy $328k–$4.3M
LähiTapiola
VC Fund
2 Finland Debt Financing Banking, FinTech, Internet $5.4M–$16M
Ventech
VC Fund
2 France, Germany, United States Series A, Series B Software, E-Commerce, Biotechnology $5M–$64M
Emerald Technology Ventures
VC Fund
2 United States, Germany, Canada Series B, Series A Manufacturing, Energy, Software $5.1M–$17M
Springvest
VC Fund
2 Finland Series A Biotechnology, Health Care, Energy
CapMan
VC Fund
2 Finland, Russian Federation, Sweden Private Equity, Series B Software, Information Technology, Manufacturing $2M–$100M
Nordic Option
VC Fund
2 Finland Seed, Series C Software, Manufacturing, 3D Technology
VIA Equity
VC Fund
2 Finland, Denmark, United States Private Equity Software, Manufacturing, Film
Nina Capital
VC Fund
1 United States, United Kingdom, Austria Seed, Pre-Seed, Series A Health Care, Artificial Intelligence, Medical $573k–$21M
Finnish Climate Fund
VC Fund
1 Finland Debt Financing Biotechnology, Food Processing, Service Industry $2.6M–$11M
PC Rettig & CO Impact
VC Fund
1 Finland Seed Mining, Robotics, 3D Printing
Viventures
VC Fund
1 United States, France, China Series B, Series A Software, Biotechnology, E-Commerce $7M–$77M
EM Group
VC Fund
1 Finland Battery, Manufacturing, Product Design
Superhero Capital
VC Fund
1 Finland, Estonia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Internet $161k–$4.1M
Vantaan Energia
VC Fund
1 Finland Seed Industrial Manufacturing, Environmental Engineering
Fennia Group
VC Fund
1 Finland Battery, Manufacturing, Product Design
Stephen Industries
VC Fund
1 Finland Seed Manufacturing, Wood Processing
Infosto
VC Fund
1 Finland Series A, Series B, Series C Sensor, Organic, Automotive
KPMG
VC Fund
1 United States, Australia, United Kingdom Series A, Series B Software, Information Technology, Enterprise Software $4.2M–$20M
John Nurminen Oy
VC Fund
1 Finland Series A CleanTech, Clean Energy, Renewable Energy
Shenzhen Lietou Fund
VC Fund
1 Finland Video, Sensor, Robotics
Etera
VC Fund
1 Finland Robotics, Manufacturing, Internet of Things
Fortum
VC Fund
1 Finland Series A CleanTech, Clean Energy, Renewable Energy
FIH Mobile
VC Fund
1 United States, China, India Series B, Series A Apps, Consumer Electronics, Augmented Reality $14M–$14M
CMPC Ventures
VC Fund
1 Finland Seed Product Management, Paper Manufacturing
Green Campus Innovations
VC Fund
1 Finland Debt Financing Manufacturing, Electric Vehicle, Public Transportation
Building Ventures
VC Fund
1 United States, Finland Series A, Seed, Series B Software, Construction, Real Estate $1M–$20M
Moomin Characters
VC Fund
1 Finland Seed Biotechnology, Environmental Engineering
Access all 50 VC funds in Finland Climate startups.

Access 48,091 investors

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

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Investor list

Tesi
VC Fund · Helsinki, Southern Finland, Finland · 23 investments in Finland Climate startups, 10 in the past 12 months

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, Argentina

Investor stats

  • Total investments: 123
  • Round size: Series A $1.8M–$8M; Series B $2.5M–$20M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Virta — The Virta platform for electric vehicle charging gives you an accelerated and cost-effective channel to launch, operate, and grow an EV charging business.
  • Measurlabs — We provide testing services for any material, product, or chemical, helping product developers and quality managers get the information they need about their products.
  • Algorithmiq — Algorithmiq utilizes its expertise in quantum information, complex systems, and computational physics to develop algorithms to develop new and effective drugs, solve problems in life sciences, and discover new materials.
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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 14 investments in Finland Climate 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, Switzerland

Investor stats

  • Total investments: 85
  • Round size: Seed $250k–$1.4M; Series A $1.7M–$21M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Enfuce — Enfuce is a cloud-based financial services provider that specializes in card issuing and payment processing services. It helps banks, fintech, and financial institutions become and remain fully PSD2 compliant, and helps them give third-party service providers access to digital accounts.The company was founded in 2016 and is headquartered inEspoo, Finland.
  • Nordcloud — Nordcloud is a European leader in public cloud infrastructure solutions and cloud-native application services. Since 2011 we have completed more than 500 deployments to help our enterprise customers gain the maximum benefits of the cloud, including security, agility, scalability and overall cost-savings.
  • Aurealis Pharma — Multi-target cell and gene therapies for unmet medical needs. Developing therapies for chronic wounds, cancer and inflammatory diseases.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 14 investments in Finland Climate 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: Health Care, Software, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 69
  • Round size: Seed $214k–$2M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Reactional Music — GESTRUMENT is the revolutionary gesture based instrument.
  • EmbeDL — Efficient Deep Learning for Embedded Systems
  • Retein — Aquammodate is a greentech company that produces highly pure water at minimum energy cost.
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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 14 investments in Finland Climate startups, 9 in the past 12 months

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.

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Investment focus

  • Industry: Software, Health Care, E-Commerce
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 143
  • Round size: Seed $429k–$4M; Series A $2.2M–$20M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — raised $139M in 2019

Portfolio highlights

  • Metroc — Creating sales and marketing solutions for the construction & real-estate industry.
  • Measurlabs — We provide testing services for any material, product, or chemical, helping product developers and quality managers get the information they need about their products.
  • Steady Energy — Steady Energy aims to decarbonize the energy-intensive heating industry starting with residential and district heating.
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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 11 investments in Finland Climate startups, 6 in the past 12 months

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
  • Geography: Finland, Sweden, Denmark

Investor stats

  • Total investments: 138
  • Round size: Seed $482k–$3M; Series A $1.1M–$12M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $154M in 2022

Portfolio highlights

  • Haltian — End-to-end IoT solutions and world-glass product design services from Haltian
  • Commsignia — Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems. Its product line includes a V2X Communication Software Stack and Commsignia’s own security stack implementation, Hybrid V2X/ADAS Safety Applications, a V2X Simulator, On-Board Units (OBU) and Roadside Units(RSU).The company was founded in 2012 and is headquartered in Santa Clara, California.
  • Value.Space — Space based risk assessments & monitoring
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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 10 investments in Finland Climate startups, 14 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, Information Technology, SaaS
  • Stage:Seed, Grant
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 137
  • Round size: Seed $107k–$3.2M; Grant $36k–$2.8M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Fixably — Fixably is the repair management solution to seamlessly connect all users, from the end customer to the technician, and all repair systems within your service business.
  • Valosan — Scale your international PR into any local market. With Valosan, you connect with PR specialists in local markets and pitch your story to real journalists
  • Vensum Power — Revolutionizing power conversion. More power in same package, less energy waste and low maintenance.
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 7 investments in Finland Climate startups

Welcome to Innovestor! We are a Finnish investment company focusing on venture capital, corporate venturing services, and real estate.

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Investment focus

  • Industry: Software, Health Care, Manufacturing
  • Stage:Seed, Series A
  • Geography: Finland, Denmark, Sweden

Investor stats

  • Total investments: 49
  • Round size: Seed $482k–$4.3M; Series A $750k–$3.2M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: May invest from a new fund soon — raised $32M in 2020

Portfolio highlights

  • SynergyXR — SynergyXR is a no-code, cloud platform that lets companies design, onboard, sell, and support across all XR devices without writing a single line of code
  • HVR Cardio — HVR Cardio Transformative Mitral Valve Repair Solutions The Future of Mitral Valve Repair Our mission is to develop solutions for mitral valve interventions that are faster, easier to use, and less invasive without compromising clinical efficacy. About HVR Cardio Utilization of new technologies and less...
  • Teitur Trophics — Teitur Trophics is a biotech company developing circular peptides for neurodegenerative diseases. The company was founded in 2020 and is headquartered in Aarhus, Denmark.
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VNT Management
VC Fund · Vaasa, Western Finland, Finland · 6 investments in Finland Climate startups

VNT Management is a venture capital management company that offers its services to investors and entrepreneurs.The company offers investors with 3 venture capital funds, all of which focus on clean technology. Furthermore, it offers an IRR of 25% and a position in the top quartile of European venture capital funds. Entrepreneurs are offered withsupply management, business idea, application, and product concept development, and technology scanning and evaluation services.VNT Management was founded in 2002 and is based in Finland.

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Investment focus

  • Industry: Manufacturing, Electronics, Information Technology
  • Stage:Series B, Seed
  • Geography: Finland, Germany

Investor stats

  • Total investments: 8
  • Round size: Series B $3.2M–$4.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Visedo — Danfoss Editron specializes in hybrid and electric powertrain systems for off-highway and marine markets.
  • WeSustain — WeSustain develops and sells web-based software for enterprise sustainability management. The company’s ESM software is a management support system that helps companies go green and manage products, processes, and technologies in an environment-friendly manner.WeSustain’s ESM software enables the clients to establish a software-supported ESMsolution, as well as manage, improve, and report their ESM performance on a global basis while mitigating sustainability risks. The company was founded in 2010 and is based in Buxtehude, Germany.
  • Cajo Technologies — Our turnkey laser marking solutions for traceability and product markings are easy to use and optimized for industrial production processes.
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Voima Ventures
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Climate startups, 9 in the past 12 months

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.

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Investment focus

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

Investor stats

  • Total investments: 31
  • Round size: Seed $750k–$3.2M; Pre-Seed $429k–$804k
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $96M in 2023

Portfolio highlights

  • ÄIO — Innovative food technologies to replace palm oil, coconut oil and animal fats with sustainable and healthier alternatives.
  • Alba Health — Discover your baby's gut health & microbiome for the best start in life.
  • Quantagonia — Advanced quantum algorithms, for your most important business problems, delivering breakthrough performance on today's high-performance computers, with seamless migration for later use on quantum computers.
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VTT Ventures
VC Fund · Espoo, Southern Finland, Finland · 4 investments in Finland Climate startups

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?

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Investment focus

  • Industry: Manufacturing, Biotechnology, 3D Technology
  • Stage:Seed, Series A
  • Geography: Finland

Investor stats

  • Total investments: 21
  • Round size: Seed $460k–$1.8M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Dispelix — See-through, full color waveguide combiners for a wide range of XR applications. From near-eye to head-up.
  • Quanturi Oy — Quanturi's robust wireless temperature monitoring systems are specifically designed for monitoring hay, compost, grain and many other fermentable materials during storage. Our systems decrease fire risks and ensure quality certification.
  • Solar Foods — The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent onagriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.
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Access 48,091 investors

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

Browse database — It's Free!
Visionplus
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Climate startups

WE HELP YOU TO GROW FASTER!

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 74
  • Round size: Seed $75k–$1.1M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Pebble — Pebble is a electric vehicle manufacturing startup.
  • Transfluent — Professional translations for all business needs. Fast. Easy.
  • BetterDoctor — BetterDoctor helps validate and deliver accurate provider data to health plans, health systems, and hundreds of other companies via its API — from startups to publicly traded ones. This ultimately helps achieve the mission of helping consumers find the healthcare they need.Today, BetterDoctor's data platform and APIs power 9 health plans,350 companies, 1,500 developers, helping millions of people find the right doctor each month. Health Plans BetterDoctor uses multi-modal outreach to drive providers to attest their information on BetterDoctor's online portal. API PartnersBetterDoctor brings transparency to doctor data. Their real-time platform, master database and API services enable everyone to add doctor data to their systems, websites and applications. Today, BetterDoctor API and data tools power health insurance companies, healthcare startups and doctor search tools. https://betterdoctor.com/developers
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Nidoco
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Finland Climate startups

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

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Investment focus

  • Industry: Health Care, Software, Artificial Intelligence
  • Stage:Seed, Series B
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 14
  • Round size: Seed $675k–$2.7M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Spiral — Easily make a difference every day
  • Voltan Energy — Voltan Energy is a sustainable and affordable local heating and cooling solutions.
  • Skeleton Technologies — Skeleton Technologies is the global leader in ultracapacitor & supercapacitor energy storage and helps companies in automotive, transportation, grid, and industry to save energy.
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Aura Group
VC Fund · Singapore, Central Region, Singapore · 3 investments in Finland Climate startups

Aura Group is a financial services company operating out of Australia and Singapore that provides tailored wealth and funds management solutions across the Asia Pacific region. Our vision is to build trust that lasts generations.

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Investment focus

  • Industry: iOS, Blockchain, Information Technology
  • Stage:Series A, Seed
  • Geography: Australia, Finland

Investor stats

  • Total investments: 7
  • Round size: Series A $5.4M–$13M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • InStitchu — InStitchu is an online custom clothier specializing in tailor made menswear. Customers are able to design custom made garments online which are then made to their exact measurements.InStitchu provides tailor made, high quality menswear through a simple online ordering process. Once a customer has added measurements to their profile, a suit orshirt can be ordered in a few minutes and on its way in two weeks. There are multiple ways for a customer to get their measurements perfected and enjoy that “perfect fit” InStitchu customers keep coming back for - our measurement guide will take you on a journey from your living room to the hustle and bustle of our tailor’s studio. Customers can choose from a wide range of globally sourced high quality wool and cotton fabrics, and when you’ve chosen, we’ll deliver your design right to your door. This new approach to shopping is stress free and cuts out the middleman, allowing us to deliver customers luxury tailor made suits and shirts without the high price tag.
  • Lygon — Lygon is the platform for digital bank guarantees. Our platform utilises Blockchain technology to offer speed, trust and flexibility and makes guarantees simple and effective for all.
  • Global Reviews — Prioritised, enterprise-wide decision making, based on digital intelligence and customer centric research. Learn how Global Reviews can help your business here.
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Bragiel Brothers
VC Fund · San Francisco, California, United States · 2 investments in Finland Climate startups

Bragiel Brothers is an early-stage venture capital fund that invests in seed and Series A rounds. Dan Bragiel launched the firm in San Francisco, California in 2016.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Finland, Japan

Investor stats

  • Total investments: 66
  • Round size: Seed $665k–$4.4M; Pre-Seed $255k–$1.8M; Series A $3.5M–$68M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • UpCodes — Explore a searchable database of US construction and building code. Code regulations are consolidated by state and city for easier navigation.
  • Wunderite — Wunderite is the only digital forms solution built for insurance agents by agents. Wunderite makes PDFs, Supplementals, and ACORDs easy for producers, Account managers, and customers, by putting them online, and making any question assignable with the click of a button, on any device. Additionally, we save time by enriching (auto-filling) customer data.
  • Inspectify — If you are looking to buy or sell a home, Inspectify helps you find the best home inspectors in your area.
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Sitra
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Climate startups

Sitra is the venture capital investment arm of Sitra specializing in investments in seed, start-ups, early stage opportunities, and other funds. The firm invests through its three programmes namely, Health Care Programme, the Food and Nutrition Programme, and the Environmental Programme. Within the Health Care Programme, investments are focused oncompanies engaged in paper-free health care, seamless services, decentralised specialised health care, and support services. Within the Food and Nutrition Programme, investments are made in enterprises engaged in the food and nutrition sector, including value-adding upgrading of raw materials and new applications and service concepts in food and nutrition technology.

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Investment focus

  • Industry: Health Care, Biotechnology, Therapeutics
  • Stage:Series A, Series C
  • Geography: Finland, The Netherlands

Investor stats

  • Total investments: 7
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
  • NaturVention — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
  • SET Ventures — Venture capital firm focused broadly on innovative energy generation, distribution storage and efficiency.
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True Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Finland Climate startups, 34 in the past 12 months

A Silicon Valley-based venture capital firm focused on early stage technology startups. We invest in brilliant people who bring ideas that matter to life.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Finland

Investor stats

  • Total investments: 497
  • Round size: Seed $1M–$5.5M; Series A $1.5M–$15M; Series B $3M–$35M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Deduce — Deduce protects businesses and their customers from unauthorized account access, data leakage, and identity fraud. We eliminate fraud in real-time using risk algorithms and behavioral analytics across the most comprehensive network of consumer identity data. This empowers any organization to harness the value of collective identity-based threatintelligence and cybersecurity.
  • Lex — Lex is a modern writing tool that helps people think through their ideas and communicate more effectively.
  • Diligent Robotics — We build robots like Moxi that assist hospital staff with routine activities so they can focus on caring for patients.
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First Fellow Partners
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Climate startups

A private investment firm run by Risto Siilasmaa and Kim Groop. Grounded in a deeply held set of values around entrepreneurship, trust, integrity and helping solve the world’s problems. We partner with strong and ambitious technology entrepreneurs driven by a mission to fix or build something important in the world.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Seed, Series A
  • Geography: Finland, United States, Estonia

Investor stats

  • Total investments: 60
  • Round size: Seed $375k–$7.8M; Series A $1.3M–$33M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Paebbl — The modular technology from Paebbl may be included in any carbon capture system and is industrially scalable. As a result, Paebbl provides a raw material stream that is carbon-negative, radically altering the economics of preventing carbon from entering our environment.
  • NFTPort — Simple & powerful NFT infrastructure and APIs. Mint NFTs, deploy contracts, get multi-chain NFT data and enhanced APIs. Grab your free API Key now: nftport.xyz
  • The Upright Project — Upright enables smarter decision-making for investors, companies and governments by quantifying the net impact of companies.
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Innovations Kapital
VC Fund · Göteborg, Vastra Gotaland, Sweden · 2 investments in Finland Climate startups

InnovationsKapital was founded in 1994 and is a leading independent venture capital firm for innovative growth companies in the Nordic region. The business, carried out from offices in and Stockholm, Gothenburg and New York, is focused on investments within ICT and Healthcare & Life Sciences, dynamic sectors that are rapidly expanding and whereNordic research plays an important role. The capital is provided by highly reputable Swedish and international institutional investors.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series B, Series C
  • Geography: Sweden, Denmark, United States

Investor stats

  • Total investments: 19
  • Round size: Series B $5.6M–$30M; Series C $5.5M–$15M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Silecs — PiBond manufactures materials used in electronic devices, including patterning materials for semiconductors and optical materials. We also develop complete solutions that allow our clients to focus on creating innovative products.
  • SantoSolve — SantoSolve is developing topical analgesic products based on non-radioactive strontium as the active substance. The Development program was initiated based on experimental clinical use of strontium-based products showing evidence of strong local analgesic effects on several localized pain conditions of both nociceptive and neuropatic origin. Nosignificant adverse effects associated with the treatment was reported.The company’s lead product, 2PX, is topically administered, utilizing dermal penetration enhancers for delivery of the active agent to its subdermal site of action. Phase I safety and pharmacology studies showed the active agent to have low systemic bioavailability, and only few and minor adverse effects were observed at the site of administration. In open label Phase II clinical trials, the product has shown strong analgesic effect in both nociceptive and neuropatic pain conditions. In follow up, placebo controlled trials, the analgesic effect of the product has been further documented. In the company’s most advanced pain indication under study, osteoarthritis, the company has recently completed the Phase II program.These trials supports the open label results and document statistically that the analgesic effect in patients treated with 2PX is superior to that observed with placebo treatment.
  • Action Pharma — Providing a surprisingly human shopping experience. Trusted and secure. Millions of domains to choose from.
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Taaleri
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Climate startups

Taaleritehdas Wealth Management is helping all Finns see the advantages of ownership and find their own way to own.

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Investment focus

  • Industry: Financial Services, FinTech, Lending
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Kenya

Investor stats

  • Total investments: 8
  • Round size: Seed $236k–$6.4M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Rester — Rester is a Finnish company enabling the recovery of business textiles into a new textile fibre and quality raw material.
  • Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
  • Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
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Wave Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Climate startups

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.

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Investment focus

  • Industry: Software, Mobile Apps, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, Germany

Investor stats

  • Total investments: 24
  • Round size: Seed $250k–$600k; Pre-Seed $107k–$500k
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Solu — Solu.co is a Fastest Growing hub for Technology, How-to, Gadgets, Entertainment, Lifestyle, Digital Marketing And Business Ideas.
  • Solu — Discover the next generation toolkit for analyzing, storing and sharing bacterial genomes.
  • Taika Tech — Taika Tech builds a novel interface for controlling the surrounding technology by making sense of your hand movement and location with a smart ring
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Valve Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Climate startups

Valve Ventures is a Helsinki-based angel and early-stage venture investor.

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Investment focus

  • Industry: Energy, CleanTech, Oil and Gas
  • Stage:Seed, Series A
  • Geography: Finland

Investor stats

  • Total investments: 6
  • Round size: Series A $4.3M–$6.5M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
  • Woodio — Woodio is a digital designing agency.
  • Infinited Fiber Company — Infinited Fiber Company is a Finnish biotech founded in 2016 to commercialize a breakthrough recycling technology that can turn cellulose-rich raw materials – like cotton-rich textile waste, used cardboard, or wheat or rice straw – into high-quality textile fibers with the look and feel of cotton. The patented technology has been validated byleading brands and is ready to be scaled. Infinited Fiber Company won the Europas 2020 Hottest Sustainability Tech Award, and was listed on the Global 50 to Watch by Cleantech Group in 2019. In 2016 Infinited Fiber Company was selected into WWF’s Climate Solver network. The company is headquartered in Espoo, Finland.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Climate startups, 6 in the past 12 months

Maki.vc is an early-stage venture capital firm partnering with deep tech & brand-driven startups obsessed with challenging category norms.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Series A
  • Geography: Finland, Germany, United Kingdom

Investor stats

  • Total investments: 63
  • Round size: Seed $750k–$7.8M; Series A $1.8M–$12M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $107M in 2021

Portfolio highlights

  • Strise — Strise is signaling a new era of enterprise software and organizational change, transforming how companies work and empowering individual growth through knowledge. We believe in the AI-enabled financial institution without data silos where users and data are working together to solve even the most complex business problems.
  • Databutton — Databutton is an online app builder that empowers the next generation of entrepreneurs and innovators. It enables anyone to create dynamic online apps in minutes by connecting to a growing array of sources, models, and integrations, or by utilizing their own datasets. 먹튀검증 https://muktts.net/
  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
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Übermorgen Ventures
VC Fund · Zürich, Zurich, Switzerland · 2 investments in Finland Climate startups, 9 in the past 12 months

We are an early stage VC for climate tech startups.

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Investment focus

  • Industry: Energy, Software, Renewable Energy
  • Stage:Seed, Pre-Seed
  • Geography: Germany, Switzerland, Finland

Investor stats

  • Total investments: 31
  • Round size: Seed $536k–$4.3M; Pre-Seed $328k–$1.3M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • CleanHub — Become plastic neutral with CleanHub and prevent ocean bound plastic before it can cause damage
  • Openvolt — A developer friendly API for unlocking access to smart meter data across Europe. Build more impactful apps in Energy Efficiency, ESG, EV Charging, Demand Response and a host of other use cases.
  • E-mobilio — E-mobilio is a consulting and mediation platform for electromobility.
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LähiTapiola
VC Fund · Espoo, Southern Finland, Finland · 2 investments in Finland Climate startups

LähiTapiola is based on mutual company form, a group of companies owned by its customers, serving the personal, farm, entrepreneurial.

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Investment focus

  • Industry: Banking, FinTech, Internet
  • Stage:Debt Financing
  • Geography: Finland

Investor stats

  • Total investments: 4
  • Round size: Debt Financing $5.4M–$16M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Enfuce — Enfuce is a cloud-based financial services provider that specializes in card issuing and payment processing services. It helps banks, fintech, and financial institutions become and remain fully PSD2 compliant, and helps them give third-party service providers access to digital accounts.The company was founded in 2016 and is headquartered inEspoo, Finland.
  • Connected Finland — The IoT operator of Finland, enabling millions of smart devices to connect directly to internet, with the most energy and cost efficient connectivity solut
  • Altum Technologies — Fouling costs several billions of euros every year and Altum can solve these issues. With Altum's unique approach:- You won't have production downtime - You will be more energy efficient - You don't need to use chemicals for cleaning - You will minimize maintenance - You will increase health and safety - You will act moresustainableThrough their intelligent software, Altum is the only company in the world who can completely control Power Ultrasound to make fouling disappear once and for all without stopping production. This is done by externally applying the system to any liquid carrying equipment (heat exchangers, pipes, tanks, cooling towers, filters, reactors, etc.) without the need to do any changes to them.Their externally installed power ultrasound solution is capable to clean almost any dirt, like biofouling, mineral scaling, chemical fouling.There are numerous different cases in which their power ultrasound patented solution can help.
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Ventech
VC Fund · Paris, Ile-de-France, France · 2 investments in Finland Climate startups, 6 in the past 12 months

On-the-ground expert investors in early-stage digital. Ready to meet you, wherever you are.

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Investment focus

  • Industry: Software, E-Commerce, Biotechnology
  • Stage:Series A, Series B
  • Geography: France, Germany, United States

Investor stats

  • Total investments: 162
  • Round size: Series A $5M–$18M; Series B $5.6M–$64M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Treon — The foundation for massive IoT
  • Prewave — Supplier monitoring for purchasing, supply chain management and sustainability managers.
  • Microoled — Our best technology is vision. Designing the future of microdisplay applications. Our proprietary AMOLED technology elevates near-eye displays to the next level with optimal picture resolution, image brightness, and power con-sumption efficiency.
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Emerald Technology Ventures
VC Fund · Zürich, Zurich, Switzerland · 2 investments in Finland Climate startups

We provide venture capital for companies with cutting-edge technology that solves key issues in the transition to a net zero emissions world.

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Investment focus

  • Industry: Manufacturing, Energy, Software
  • Stage:Series B, Series A
  • Geography: United States, Germany, Canada

Investor stats

  • Total investments: 68
  • Round size: Series A $5.6M–$10M; Series B $5.1M–$17M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • sewts — Founded in 2019 and based in Munich, sewts GmbH provides cutting-edge perception software, pushing the boundaries of robotics in processing of easily deformable materials. sewts has developed and demonstrated a unique technology that uses high-precision finite element method (FEM) simulations to efficiently train machine learning algorithms. Theintelligent software solution enables countless applications in industrial automation like the handling of textiles in industrial laundries or the manufacturing of garment. sewts is backed by APEX Ventures, Bayern Kapital, High-Tech Gründerfonds, UnternehmerTUM Initiative for Industrial Innovators and a couple of highly experienced business angels.
  • Colibri Energy — Colibri Energy - Lithium Batteries produces battery solutions for GSE & Logistics to reduce costs of operations and provide sustainable alternatives.
  • NanoGraf Corporation — SiNode Systems is a materials venture based out of Northwestern University that is commercializing a novel silicon based anode technology developed by research team led by Professor Harold Kung. SiNode aims to change the status quo of the industry by developing high performance anodes for Li-ion batteries.
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Springvest
VC Fund · 2 investments in Finland Climate startups

Investment focus

  • Industry: Biotechnology, Health Care, Energy
  • Stage:Series A
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Convion — Convion is a fuel cell system developer committed to commercializing solid oxide fuel cell systems in range of 50–300kW for distributed power generation. The company's products are designed for premium energy efficiency, reliability, and operational flexibility. Convion will provide its customers with sustainable power generation solutions forpower security, energy independence, and premium efficiency.Convion was founded 2012 and is based in Finland.
  • Mobidiag — Mobidiag is a commercial stage, fast-growing Finnish-French biotechnology company that develops and markets innovative molecular diagnostic solutions for gastrointestinal infections, antimicrobial resistance management, healthcare associated infections (HAIs), respiratory infections and sepsis. Based on well-established qPCR and microarraytechnologies, Mobidiag offers a broad range of tests and automated platforms. These include a comprehensive range of fast, reliable and cost-effective molecular diagnostic solutions for the detection of infectious diseases adapted to laboratories of all sizes. They allow detection of most clinically relevant bacteria, parasites, viruses and markers for antibiotic resistance.
  • Finbiosoft — Finbiosoft is a company focused in developing Validation Manager™ software service. Validation Manager is the perfect tool for clinical laboratories and diagnostic companies to digitalize, automate and standardize the time-consuming and error sensitive data handling of validations and verifications.
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CapMan
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Climate startups

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.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Private Equity, Series B
  • Geography: Finland, Russian Federation, Sweden

Investor stats

  • Total investments: 51
  • Round size: Series B $2M–$14M; Private Equity $16M–$100M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: May invest from a new fund soon — raised $171M in 2019

Portfolio highlights

  • Napier AS — Napier in the terms of the fish offers sustainable transportation for the entire globe. Napier provides for farmers that require lucrative, environmentally friendly transportation of farmed fish from the cage to the slaughterhouse.
  • Serverius — The company Serverius provides supporting IT infrastructure services.
  • fuZion A/S — Datacenter and infrastructure provider
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Nordic Option
VC Fund · Oulu, Oulu, Finland · 2 investments in Finland Climate startups

Nordic Option is a private equity fund focusing its investments on growth companies. It provides capital investments in small and medium-sized growth companies that have already established themselves in Northern Finland. The fund's investment strategy includes the possibility to make up to 5 early-stage growth investments with one millioneuros.The firm's value of investments in portfolio companies is approximately EUR 10 million and the value of loans granted is approximately EUR 1 million.

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Investment focus

  • Industry: Software, Manufacturing, 3D Technology
  • Stage:Seed, Series C
  • Geography: Finland

Investor stats

  • Total investments: 7
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Haltian — End-to-end IoT solutions and world-glass product design services from Haltian
  • SensorFu — SensorFu detects new network leak paths before they are exploited. If you're required to operate isolated networking environments, SensorFu helps you to anwer question: is my network isolation working as intended? Leaks from isolated network segments can be a result of human error or malice, and they may violate security policies orcontractual obligations. SensorFu automates previously manual audit checks, and it empowers IT- and IT security ops to ensure continuous network, and network segment isolation that meets their mission specific policies and regulatory requirements. SensorFu Beacon is available as virtual appliance, software application and as hardware appliance.
  • Brightplus — Brightplus is an innovative renewable materials manufacturing company from Finland. We specialise in design and development of new functional properties for industrial biomaterial solutions. We cater for industries like packaging, construction, cosmetics and consumer goods. Our expertise is based on developing solutions to multiple industries andproviding fast prototyping and full fit for customers’ production lines. Our deep chemical BrightBio® technology creates an optimal fit between coatings, barriers and plastic replacing materials to help you in raising your material functionality to the next level.
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VIA Equity
VC Fund · Hellerup, Hovedstaden, Denmark · 2 investments in Finland Climate startups

VIA equity is a leading Northern European Multi-stage private equity firm with an excellent track record of building and transforming their investments into national and international industry leaders. Their core investment focus is within a broad definition of the TMT/ICT and Services industries but they consider investments in a wide rangeof sectors.

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Investment focus

  • Industry: Software, Manufacturing, Film
  • Stage:Private Equity
  • Geography: Finland, Denmark, United States

Investor stats

  • Total investments: 5
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Nets — We help financial institutions, businesses and merchants make tomorrow easier for their customers while delivering unrivalled security and stability.
  • Advania — Advania is a leading company in the field of information technology and provides customers with reliable advice and services. They have solutions in all areas of information technology and customers can apply to their individual solutions or integrate its services. Among their customers are large companies and institutions. They're in closecooperation with many international IT companies, such as Dell EMC, Microsoft, Oracle, SAP Business Objects and VeriSign. Their business is certified under ISO 27001 is an international standard for information security. They are proud of Their professionalism, clear communication and the mutual benefits created in collaboration with their customers and suppliers.
  • Dolphin Software — Dolphin Software Solutions is a Software development and consulting company that provides innovative software solution services to multinational companies with a commitment to excellence in service and products. We have become a premier provider of leading edge technology by conforming to the customer needs and expectations in a timely and costeffective manner.
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Nina Capital
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Finland Climate startups, 15 in the past 12 months

We deploy early stage capital to fuel the growth of need-driven health technology companies.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Medical
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Austria

Investor stats

  • Total investments: 58
  • Round size: Seed $1.2M–$6M; Pre-Seed $573k–$964k; Series A $5M–$21M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • basys.ai — Basys.ai automates the process of prior authorization and utilization management to improve costs and timeliness for health plans/payers using an AI-based platform. The proprietary platform automates the process of encoding/digitizing the payer policies using machine learning, thus reducing the piloting timeline by up to 9 months.
  • Lillian Care — Lillian is building a nationwide network of health facilities in Germany.
  • ALFIE — AI software platform that provides consistent and automated measurements from radiographic images used to assess spinal disorders.
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Finnish Climate Fund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Climate startups

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

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Investment focus

  • Industry: Biotechnology, Food Processing, Service Industry
  • Stage:Debt Financing
  • Geography: Finland

Investor stats

  • Total investments: 5
  • Round size: Debt Financing $2.6M–$11M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Aeromon — We provide real-time, easy to understand data on airborne emissions for OGMP 2.0 Level 5 and EN17628 compliant reporting.
  • Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
  • Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
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PC Rettig & CO Impact
VC Fund · 1 investments in Finland Climate startups

PC Rettig & CO Impact

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Investment focus

  • Industry: Mining, Robotics, 3D Printing
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.
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Viventures
VC Fund · San Mateo, California, United States · 1 investments in Finland Climate startups

Set up in September 1998, Viventures is a venture capital fund with a presence in the United States (San Mateo) and in Europe (Paris). The Fund was established to provide capital for innovative telecommunications and Internet businesses. Viventures invests in start-ups or expanding businesses with innovative Internet and telecommunicationsstrategies. The Fund provides seed capital and supports these newly founded companies in order to ensure their long-term development in Europe as well as in the United States. Viventures' investors include Vivendi, British Telecom, Mannesmann, Siemens, Nokia and Cisco.

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Investment focus

  • Industry: Software, Biotechnology, E-Commerce
  • Stage:Series B, Series A
  • Geography: United States, France, China

Investor stats

  • Total investments: 34
  • Round size: Series A $10M–$19M; Series B $7M–$77M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • HaoStay — Found in late 2015 with investment from one of Tencent's Founder. An education one-stop technology platform service company that provide online homestay reservation, post-education service and technology solution that target at parents/students who plan to study in USA and education consultant/company who provide service to theseparents.
  • Epic Sciences — Epic Sciences develops clinical solutions that accelerate drug development and guided therapy across cancer drug indications. Epic's new AR-V7 CTC liquid biopsy test is the first clinically proven predictive test for metastatic castration-resistant prostate cancer.
  • Tactiva Therapeutics — Tactiva Therapeutics is an immuno-oncology company specializing in potent cancer immunotherapy using a dual T cell receptor approach.
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EM Group
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Climate startups

EM Group is a Finnish family-owned company that develops and owns electrical. Our most important subsidiary is Ensto. The group companies operate in 20 countries and employ some 1700 people. The group turnover is approximately 250 million euros. www.emgroup.fi

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Investment focus

  • Industry: Battery, Manufacturing, Product Design
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • European Batteries — Reference Guide For All Your Energy Needs
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Climate startups, 7 in the past 12 months

Early-stage VC searching for the next Superheroes.

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Investment focus

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

Investor stats

  • Total investments: 49
  • Round size: Seed $161k–$2.4M; Pre-Seed $686k–$1.8M; Series A $3.3M–$4.1M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — raised $32M in 2020

Portfolio highlights

  • Epicbrief — Epicbrief joins hundreds of sales representatives on a quest to improve the significance and value of human work in sales.
  • Cactos — The New Standard of Energy Storage Systems - The Cactos smart energy storage system secures critical power supply locally and allows for efficient utilisation of renewable energy globally.
  • Doublepoint — Solving Next-Generation Interactions. Doublepoint provides future computing platforms more intuitive, robust and versatile interactions.
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Vantaan Energia
VC Fund · Vantaa, Southern Finland, Finland · 1 investments in Finland Climate startups

Vantaan Energia is one of Finland's largest urban energy companies.

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Investment focus

  • Industry: Industrial Manufacturing, Environmental Engineering
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Carbonaide — Carbonaide provides award winning technology to utilize and store carbon dioxide in the precast concrete industry. Our mission is to turn concrete from a large emission source into a carbon sink.
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Fennia Group
VC Fund · 1 investments in Finland Climate startups

Fennia Group provides risk management and insurance services for enterprises, entrepreneurs and private households.

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Investment focus

  • Industry: Battery, Manufacturing, Product Design
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • European Batteries — Reference Guide For All Your Energy Needs
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Stephen Industries
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Climate startups

Stephen Industries Inc Oy is a family owned Finnish company. We place great value in technology and innovations that create more environmentally friendly solutions.

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Investment focus

  • Industry: Manufacturing, Wood Processing
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Fiberwood — Fiberwood is a new eco-friendly wood fiber insulation that can be used for a variety of purposes. Fiberwood has excellent insulating properties, is entirely bio-based, and thus contains no plastic or other fossil-based materials.
  • Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
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Infosto
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Climate startups

Infosto is a Finland-based venture capital firm that specializes in early stage investments.

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Investment focus

  • Industry: Sensor, Organic, Automotive
  • Stage:Series A, Series B, Series C
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Canatu — We create the most advanced carbon nanotubes for industry-transforming products. Discover more!
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KPMG
VC Fund · Amstelveen, Noord-Holland, The Netherlands · 1 investments in Finland Climate startups

KPMG is a global network of professional firms providing Audit, Tax & Advisory services.

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Investment focus

  • Industry: Software, Information Technology, Enterprise Software
  • Stage:Series A, Series B
  • Geography: United States, Australia, United Kingdom

Investor stats

  • Total investments: 19
  • Round size: Series A $4.2M–$11M; Series B $13M–$20M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • ContextLabs — Providing solutions that utilize machine learning, artificial intelligence, cryptographic proofing and blockchain to build ground truth and trust with partners and customers.
  • Cranium — Cranium maps, monitors, and manages AI and machine learning environments, protecting against adversarial threats without interruption.
  • WE Impact — WE Impact provides financial assistance and shared resources to support their development, journey success, and preparation for investment. They help them gain access to the market and increase their network of contacts.
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John Nurminen Oy
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Climate startups

John Nurminen Oy is a company that provides distributor of nautical charts.

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Investment focus

  • Industry: CleanTech, Clean Energy, Renewable Energy
  • Stage:Series A
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • AW-Energy — The company develops and delivers technology for converting ocean waves to electricity. AW-Energy has developed WaveRoller - a fully submerged wave energy converter which utilizes wave surge phenomenon. This commonplace effect is observed in near-shore waters where the circular motion of water particles present in open sea waves changes intoelliptical circulation due to more shallow bottom. Before the waves break, typically at the depth of 8-20 metres this elliptical motion is so flat that it is essentially a horizontal back-and-forth movement of water. WaveRoller device is a Panel anchored at its base on the sea bed. The back and forth movement of the wave surge moves the Panel, transferring the kinetic energy to piston pumps. The pumps create a great deal of pressure which is fed into a combination of hydraulic motor/generator, which in turn produces electricity. The nominal capacity of a single commercial-scale Panel ranges between 500 – 1000 kW, depending on the wave resources available on the site. WaveRoller has the ability to generate energy on a wide spectrum of wave states and is also well suited for locations where wave periods are long and the swell is strong.A series of WaveRoller devices can be combined into an array, thus resulting in a wave farm. Since the plant construction is modular with a high degree of independence between individual units, there is no natural upper limit to the number of WaveRoller units that can be used, therefore offering a high level of scalability and reliability. The electricity output from an individual Panel is connected to a hub/substation, thus making it easy to plug-in new units in separate project development stages, as the new capacity is added to the farm. Also, any potential underperformance or service & maintenance breaks of individual units have no impact on the remaining units, thus ensuring uninterrupted power output from the overall farm.The first prototypes were designed and patent applications were filed as early as in 1999, when Rauno Koivusaari, the original inventor co-operated with Fortum Research Centre during the conceptual phase. Since then the technology has evolved following numerous laboratory and wave-tank test trials and ongoing mathematical simulations. Open sea trails started in 2004 and included the Gulf of Finland, marine tests conducted in the European Marine Energy Centre (EMEC), Scotland, and an own testing site in Peniche, Portugal. The subsequent successes and encouraging test results led to continuous increase in the scale of the demonstration plant.The latest demonstration plant/farm consisting of three 100kW WaveRoller units (total nominal capacity of the farm 300kW) is to be deployed in Peniche, Portugal, during the second quarter of 2012. The final assembly is nearing completion in the first quarter of 2012 and will be awaiting suitable weather conditions for the deployment in the following months. The farm will be connected to national grid in Portugal. The company has already secured all the necessary permits and, additionally, holds a licence for 1MW grid connection.
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Shenzhen Lietou Fund
VC Fund · Shenzhen, Guangdong, China · 1 investments in Finland Climate startups

Shenzhen Lietou Fund

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Investment focus

  • Industry: Video, Sensor, Robotics
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Asqella — I found a great domain name for sale on Dan.com. Check it out!
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Etera
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Climate startups

Etera is a pension company that takes care of the Finnish pension insurance.

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Investment focus

  • Industry: Robotics, Manufacturing, Internet of Things
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • NewIcon — NewIcon is the specialist in pharmaceutical automation systems. Find out more.
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Fortum
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Climate startups

Fortum’s competence in waste-to-energy and strong financial resources, a true Nordic circular economy champion will be formed.

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Investment focus

  • Industry: CleanTech, Clean Energy, Renewable Energy
  • Stage:Series A
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • AW-Energy — The company develops and delivers technology for converting ocean waves to electricity. AW-Energy has developed WaveRoller - a fully submerged wave energy converter which utilizes wave surge phenomenon. This commonplace effect is observed in near-shore waters where the circular motion of water particles present in open sea waves changes intoelliptical circulation due to more shallow bottom. Before the waves break, typically at the depth of 8-20 metres this elliptical motion is so flat that it is essentially a horizontal back-and-forth movement of water. WaveRoller device is a Panel anchored at its base on the sea bed. The back and forth movement of the wave surge moves the Panel, transferring the kinetic energy to piston pumps. The pumps create a great deal of pressure which is fed into a combination of hydraulic motor/generator, which in turn produces electricity. The nominal capacity of a single commercial-scale Panel ranges between 500 – 1000 kW, depending on the wave resources available on the site. WaveRoller has the ability to generate energy on a wide spectrum of wave states and is also well suited for locations where wave periods are long and the swell is strong.A series of WaveRoller devices can be combined into an array, thus resulting in a wave farm. Since the plant construction is modular with a high degree of independence between individual units, there is no natural upper limit to the number of WaveRoller units that can be used, therefore offering a high level of scalability and reliability. The electricity output from an individual Panel is connected to a hub/substation, thus making it easy to plug-in new units in separate project development stages, as the new capacity is added to the farm. Also, any potential underperformance or service & maintenance breaks of individual units have no impact on the remaining units, thus ensuring uninterrupted power output from the overall farm.The first prototypes were designed and patent applications were filed as early as in 1999, when Rauno Koivusaari, the original inventor co-operated with Fortum Research Centre during the conceptual phase. Since then the technology has evolved following numerous laboratory and wave-tank test trials and ongoing mathematical simulations. Open sea trails started in 2004 and included the Gulf of Finland, marine tests conducted in the European Marine Energy Centre (EMEC), Scotland, and an own testing site in Peniche, Portugal. The subsequent successes and encouraging test results led to continuous increase in the scale of the demonstration plant.The latest demonstration plant/farm consisting of three 100kW WaveRoller units (total nominal capacity of the farm 300kW) is to be deployed in Peniche, Portugal, during the second quarter of 2012. The final assembly is nearing completion in the first quarter of 2012 and will be awaiting suitable weather conditions for the deployment in the following months. The farm will be connected to national grid in Portugal. The company has already secured all the necessary permits and, additionally, holds a licence for 1MW grid connection.
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FIH Mobile
VC Fund · Langfang, Hebei, China · 1 investments in Finland Climate startups

FIH Mobile is a handset manufacturing and Integrator services company.

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Investment focus

  • Industry: Apps, Consumer Electronics, Augmented Reality
  • Stage:Series B, Series A
  • Geography: United States, China, India

Investor stats

  • Total investments: 11
  • Round size: Series B $14M–$14M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Lingxi AR — Lingxi AR is an AR optical display technology provider, providing optical solutions for partners developing AR glasses. It is committed to the development of lightweight glasses with large field of view. The optical modules are equipped with nano-scale coupling gratings and optical waveguide technology. AR 3D imaging can be achieved with an angleof view of up to 36 degrees.
  • HMD — HMD Global mission to make modern mobile technology accessible to everyone. Learn more about Nokia phones, tablets, products and services.
  • Journey Technology — An augmented reality technology company.
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CMPC Ventures
VC Fund · 1 investments in Finland Climate startups

CMPC Ventures invest in entrepreneurship in an agile and determined way.

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Investment focus

  • Industry: Product Management, Paper Manufacturing
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woamy — Woamy produces edible, non-toxic, recyclable cellulose-based foam with a directional strength that mimics wood. Based on a decade of scientific research, we make sustainable foam in Espoo Finland.
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Green Campus Innovations
VC Fund · 1 investments in Finland Climate startups

Green Campus Innovations

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Investment focus

  • Industry: Manufacturing, Electric Vehicle, Public Transportation
  • Stage:Debt Financing
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Visedo — Danfoss Editron specializes in hybrid and electric powertrain systems for off-highway and marine markets.
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Building Ventures
VC Fund · Boston, Massachusetts, United States · 1 investments in Finland Climate startups

Building Ventures is a venture capital firm based in Boston, MA. We partner with Built Environment entrepreneurs and early-stage startups.

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Investment focus

  • Industry: Software, Construction, Real Estate
  • Stage:Series A, Seed, Series B
  • Geography: United States, Finland

Investor stats

  • Total investments: 42
  • Round size: Seed $2M–$8.7M; Series A $1M–$18M; Series B $1.5M–$20M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $53M in 2018

Portfolio highlights

  • Mezo — Mezo offers property maintenance and provides visibility from the point of intake to avoid unnecessary trips, remove friction, and reduce cost. The company was founded in 2020 and is headquartered in Chicago, Illinois.
  • UpCodes — Explore a searchable database of US construction and building code. Code regulations are consolidated by state and city for easier navigation.
  • Skillit — We've got you. Free membership for construction workers. The top ENR contractors trust us with their skilled trade hiring needs.
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Moomin Characters
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Climate startups

Moomin Official Site: discover Moominvalley and the magical characters created by Tove Jansson. Get the latest Moomin news and stories.

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Investment focus

  • Industry: Biotechnology, Environmental Engineering
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Origin by Ocean — We rid the oceans of harmful algae and turn it into everyday goods.
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