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Top 50 Consumer VC Funds & Investors in Finland (May 2026)

The most active venture capital funds investing in Finland Consumer startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Consumer 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
14 Finland, United States, Argentina Series A, Series B Software, Manufacturing, Health Care $1.8M–$20M
Lifeline Ventures
VC Fund
14 Finland, United States, United Kingdom Seed, Series A Software, Health Care, E-Commerce $429k–$20M
Butterfly Ventures
VC Fund
12 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $214k–$2M
Business Finland
VC Fund
12 Finland, United States, United Kingdom Seed, Grant Software, Information Technology, SaaS $36k–$3.2M
Finnvera Venture Capital
VC Fund
11 Finland, United States, Switzerland Seed, Series A Software, Health Care, Information Technology $250k–$21M
Innovestor
VC Fund
8 Finland, Denmark, Sweden Seed, Series A Software, Health Care, Manufacturing $482k–$4.3M
Maki.vc
VC Fund
7 Finland, Germany, United Kingdom Seed, Series A Software, SaaS, E-Commerce $750k–$12M
VTT Ventures
VC Fund
6 Finland Seed, Series A Manufacturing, Biotechnology, 3D Technology $460k–$1.8M
Inventure
VC Fund
5 Finland, Sweden, Denmark Seed, Series A Software, Information Technology, Health Care $482k–$12M
Voima Ventures
VC Fund
4 Finland, Norway, Sweden Seed, Pre-Seed Biotechnology, Health Care, Software $429k–$3.2M
Reaktor Ventures
VC Fund
4 Finland, Germany, United States Seed, Pre-Seed, Series A Software, Internet, Health Care $129k–$6.4M
Superhero Capital
VC Fund
4 Finland, Estonia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Internet $161k–$4.1M
VNT Management
VC Fund
3 Finland, Germany Series B, Seed Manufacturing, Electronics, Information Technology $3.2M–$4.3M
OpenOcean
VC Fund
3 Finland, United States, United Kingdom Series A, Series B, Seed Software, Information Technology, Enterprise Software $1.3M–$30M
Conor Venture Partners
VC Fund
3 Finland, United States, Sweden Series A, Series B, Seed Software, Analytics, Semiconductor $1.1M–$15M
First Fellow Partners
VC Fund
3 Finland, United States, Estonia Seed, Series A Software, SaaS, Enterprise Software $375k–$33M
Supercell
VC Fund
3 United States, Finland, Sweden Seed, Corporate Round Gaming, Video Games, PC Games $412k–$16M
Summit Partners
VC Fund
2 United States, Germany, Canada Private Equity, Series B Software, Information Technology, Health Care $15M–$135M
Vsquared Ventures
VC Fund
2 Germany, United States, Spain Seed, Series A, Series C Artificial Intelligence, Software, Manufacturing $3.4M–$64M
CapMan
VC Fund
2 Finland, Russian Federation, Sweden Private Equity, Series B Software, Information Technology, Manufacturing $2M–$100M
Icebreaker.vc
VC Fund
2 Finland, Estonia, Sweden Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $54k–$16M
Centre for Economic Development, Transport and the Environment
VC Fund
2 Finland Grant SaaS, FinTech, Lighting
Leaguer Venture Capital
VC Fund
2 China, United States, Finland Series A, Seed Artificial Intelligence, Semiconductor, Robotics $1.4M–$7.7M
Nordea
VC Fund
2 Finland, Sweden, Norway Debt Financing, Seed FinTech, Financial Services, Banking $107k–$94M
Faurecia
VC Fund
2 France, United States, Finland Series A, Corporate Round Automotive, Software, Electronics $4.6M–$25M
Vito Ventures
VC Fund
2 Germany, Finland, United States Series A, Seed Software, Information Technology, Internet of Things $4.3M–$16M
Salvia GmbH
VC Fund
2 Germany, Finland Series B, Seed, Series A Music, Product Design, Business Intelligence
Wave Ventures
VC Fund
2 Finland, Sweden, Germany Seed, Pre-Seed Software, Mobile Apps, Internet $107k–$600k
Ventech
VC Fund
2 France, Germany, United States Series A, Series B Software, E-Commerce, Biotechnology $5M–$64M
Harwick Overseas
VC Fund
2 Finland Seed Fashion, E-Commerce, Marketplace
True Ventures
VC Fund
1 United States, United Kingdom, Canada Series A, Seed, Series B Software, Information Technology, Internet $1M–$35M
Ambient Sound Investments
VC Fund
1 Estonia, United States, United Kingdom Seed, Series A Internet, Software, E-Commerce $200k–$3.7M
Horizon 2020
VC Fund
1 Spain, United Kingdom, Israel Grant, Seed Biotechnology, Health Care, Software $59k–$5.1M
Blue Ivy Ventures
VC Fund
1 United States, Finland, Singapore Series A, Series B Software, Health Care, SaaS $1.5M–$45M
VIA Equity
VC Fund
1 Finland, Denmark, United States Private Equity Software, Manufacturing, Film
Bold Capital Partners
VC Fund
1 United States, Hong Kong, Canada Series A, Seed, Series B Health Care, Software, Biotechnology $2M–$50M
Nokia
VC Fund
1 United States, Finland, France Series B, Series A Semiconductor, Software, Wireless $5.5M–$230M
Bayern Kapital
VC Fund
1 Germany, United States, Finland Seed, Series A Software, Information Technology, Health Care $750k–$16M
Infosto
VC Fund
1 Finland Series A, Series B, Series C Sensor, Organic, Automotive
Amor & Labor Oy
VC Fund
1 Finland Seed Women's, Hardware, Software
QCI
VC Fund
1 Finland Series A Computer, Hardware, Product Design
FIH Mobile
VC Fund
1 United States, China, India Series B, Series A Apps, Consumer Electronics, Augmented Reality $14M–$14M
World Fund
VC Fund
1 Germany, United Kingdom, Sweden Seed, Series A Hardware, Energy Storage, Energy Efficiency $1.8M–$64M
Contriber Ventures
VC Fund
1 Estonia, Finland, Germany Seed, Angel, Series A Software, Apps, 3D Technology $964k–$2.1M
Tofino Capital
VC Fund
1 Finland Series A Computer, Hardware, Product Design
Qualcomm
VC Fund
1 United States, China, Israel Series B, Series A Mobile, Software, Wireless $201k–$500M
Santo Venture Capital
VC Fund
1 Germany, Finland Series A, Series B, Series D Energy, Clinical Trials, Environmental Engineering
Lindström
VC Fund
1 Finland Seed Textiles, Manufacturing, Consumer Goods
FAST — by GETTYLAB
VC Fund
1 United States, United Kingdom, France Pre-Seed, Seed Software, Biotechnology, Health Care $125k–$5.4M
KSVFinland
VC Fund
1 Finland Seed Electronics, Cloud Computing
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Tesi
VC Fund · Helsinki, Southern Finland, Finland · 14 investments in Finland Consumer 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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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 14 investments in Finland Consumer 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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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 12 investments in Finland Consumer 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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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 12 investments in Finland Consumer 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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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 11 investments in Finland Consumer 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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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 8 investments in Finland Consumer 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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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 7 investments in Finland Consumer 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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VTT Ventures
VC Fund · Espoo, Southern Finland, Finland · 6 investments in Finland Consumer 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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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 5 investments in Finland Consumer 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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Voima Ventures
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Consumer 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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Access 48,091 investors

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

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Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Consumer startups

Reaktor Ventures has moved to the next phase by focusing its efforts to actively supporting current portfolio companies. This means that the fund has ended its investment period and is not investing into new companies. Between 2013 and 2018 we have invested into 42 different companies and one early stage fund. We will naturally keep makingfollow-up investments to current portfolio companies.

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Investment focus

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

Investor stats

  • Total investments: 54
  • Round size: Seed $129k–$1.9M; Pre-Seed $161k–$1.8M; Series A $1.7M–$6.4M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • Swappie — Buy refurbished iPhones at an affordable price - Swappie offers refurbished and cheap iPhones with a free 12-month Swappie warranty.
  • Videoly — The easiest way for online retailers to get hand-picked and automatically embedded product videos.
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Consumer startups, 8 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: 51
  • 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

  • Phaver — Welcome to the biggest mobile app on Lens Protocol. Access all that Web3 Social has to offer through one easy-to-use app. Engage with your favourite creators, connect your NFT's, earn rewards and more
  • Videobot — Grow your business with personalised video funnels that engage your audience with human interaction, capture leads, guide your users, enhance customer satisfaction and increase conversion rate.Short videos have already become dominant across social media platforms. Now, this beloved user experience is available on company websites as well. The applications are vast and varied. Discover how it all works by reserving your own presentation slot.
  • Doublepoint — Solving Next-Generation Interactions. Doublepoint provides future computing platforms more intuitive, robust and versatile interactions.
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VNT Management
VC Fund · Vaasa, Western Finland, Finland · 3 investments in Finland Consumer 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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OpenOcean
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Consumer startups

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

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Investment focus

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

Investor stats

  • Total investments: 81
  • Round size: Seed $1.6M–$11M; Series A $1.3M–$13M; Series B $7.3M–$30M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Nosto — Use Powerful Personalization Made Easy on e-Commerce Platforms. Nosto generates a 10-30% Average Increase in Revenue.
  • Hygraph — Hygraph is the next generation GraphQL-Native Federated Content Platform. Integrate all your services with our unique content federation approach and deliver to any destination of choice using our content APIs
  • Sunlight.Io — Sunlight makes performance possible anywhere - from the cloud to the edge. Demanding applications like AI, Big Data, Analytics and Rendering run 3x faster on Sunlight compared to legacy virtualisation, and because Sunlight has a tiny footprint - it’s perfect for the edge. Enterprises and MSPs use Sunlight to cut the costs of delivering highperformance IT by 70%.The company was founded in 2018 and is headquartered in Cambridge, UK.
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Conor Venture Partners
VC Fund · Espoo, Southern Finland, Finland · 3 investments in Finland Consumer startups

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.

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Investment focus

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

Investor stats

  • Total investments: 42
  • Round size: Seed $1.1M–$2.5M; Series A $3M–$11M; Series B $2.5M–$15M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2010

Portfolio highlights

  • TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
  • Blackwood Seven | Part of Kantar Group — Attribute, predict and optimize the business outcome of marketing and media plans with Blackwood Seven's Unified Marketing Modeling platform.
  • Verto Analytics — Verto Analytics (Verto) operates a passive metering panel that provides researchers, advertisers, and publishers the data they need to keep up with the rapid and changing pace of consumer media consumption on every app, device, service, and platform. This ongoing, longitudinal panel captures a wide breadth of behaviors—all enriched to clients’behavioral analysis or custom survey studies. Our single-source, passive metering data sets provide the information needed to understand the full digital footprint of the U.S. population. Our Data Labs are located in the US, and in Helsinki, Finland. http://www.vertoanalytics.com.
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First Fellow Partners
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Consumer 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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Supercell
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Consumer startups

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

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Investment focus

  • Industry: Gaming, Video Games, PC Games
  • Stage:Seed, Corporate Round
  • Geography: United States, Finland, Sweden

Investor stats

  • Total investments: 21
  • Round size: Seed $412k–$3.9M; Corporate Round $2.8M–$16M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • Space Ape — Space Ape is a mobile gaming company dedicated to creating the highest quality games for players worldwide. Its diverse and talented team of 100 is dedicated to creating the highest quality and most successful mobile games in the world. It’s the company's passion, imagination, and inventiveness that drives them in their pursuit to creategenre-defining game experiences.The company was founded in 2012 and is based out of London, England.
  • Klang Games — Klang Games is an entertainment & game development studio in Berlin, developing the MMO Simulation and Virtual World, Seed. Klang is always hiring!
  • Phantom Gamelabs — Phantom Gamelabs is a mobile game studio that specializes in multiplayer Action RPGs and Looter Shooter games.
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Summit Partners
VC Fund · Boston, Massachusetts, United States · 2 investments in Finland Consumer startups, 9 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 184
  • Round size: Series B $15M–$87M; Private Equity $30M–$135M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Certania — Certania is a provider of testing, inspection, and certification (TIC) services focused on addressing global challenges.
  • TradingHub — TradingHub provides trade data analytics to the financial services industry. Among their clients are global banks, leading asset managers, hedge funds and major regulatory institutions. Throughout their product suite they employ market-leading analytic techniques. Employing these sophisticated methodologies, their tools produce accurate andactionable results, allowing their clients to:-Identify actions that may constitute market abuse.-Identify potential rogue traders.-Analyse best execution.-Objectively assess and improve the performance of traders.
  • Keeper Security — Keeper is the top-rated password and secrets manager for protecting businesses and families from cyberthreats. Try free now!
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Vsquared Ventures
VC Fund · Munich, Bayern, Germany · 2 investments in Finland Consumer startups, 11 in the past 12 months

Vsquared Ventures invests in early-stage deep-tech companies that are tackling society's most pressing challenges, with a focus on quantum and novel computing, green energy, robotics, AI/ML, new space, synthetic biology, and healthcare. It is committed to a partnership and will go to any length to help accelerate and scale vision,unlocking all seemingly impossible possibilities.

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Investment focus

  • Industry: Artificial Intelligence, Software, Manufacturing
  • Stage:Seed, Series A, Series C
  • Geography: Germany, United States, Spain

Investor stats

  • Total investments: 32
  • Round size: Seed $3.4M–$8.6M; Series A $4.8M–$64M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Dynelectro — Dynelectro offers a unique method extending life expectancy of solid oxide electrolysis (SOE) from two years up to ten years. Dynamic control is deployed to offset intermittent power within green fuel production. We have proprietary technologies which can unlock significant potential to reduce the cost of green hydrogen. We design and manufacture a novel method to produce green hydrogen using commercially available hardware.
  • NEURA Robotics — NEURA Robotics is revolutionizing the world of robotics by using cognitive capabilities to bring robots and humans closer together.
  • Atrandi Biosciences — Achieve your discoveries easier using high-throughput screening and droplet microfluidics. Create your own custom workflows for any R&D or academic applications.
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CapMan
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Consumer 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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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Consumer startups, 11 in the past 12 months

Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms.

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Investment focus

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

Investor stats

  • Total investments: 98
  • Round size: Seed $375k–$5.2M; Pre-Seed $54k–$857k; Series A $2.7M–$16M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: May invest from a new fund soon — raised $21M in 2021

Portfolio highlights

  • Aibidia — Discover the Aibidia TXM Platform and our digital transfer pricing applications, eliminating billions of euros in tax inefficiencies and risks.
  • 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.
  • IPRally — Improve your invalidity, patentability and FTO searches. Easy-to-use patent search web application, powered by unique AI knowledge graph technology.
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Centre for Economic Development, Transport and the Environment
VC Fund · 2 investments in Finland Consumer startups

The Centres for Economic Development, Transport and the Environment (ELY Centres) are responsible for the regional implementation and development tasks of the central government.Finland has a total of 15 ELY Centres, which are tasked with promoting regional competitiveness, well-being and sustainable development and curbing climate change.ELY Centres have three areas of responsibility:- Business and industry, labour force, competence and cultural activities.- Transport and infrastructure.- Environment and natural resources.

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Investment focus

  • Industry: SaaS, FinTech, Lighting
  • Stage:Grant
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
  • Palofy Analytics Oy — Palofy Analytics is a customer loyalty partner and Worldline ISO for SME's. We are developing analysis and forecasting tools that help merchants to get more sales and predict staffing needs. This also enables getting accurate analysis and predictions on channel, store, product group, or product level.Our licenced technology leveragesexisting payment cards as customer loyalty cards, reducing customer friction and removing work overhead from staff.Service areas: • Restaurant and hospitality • RetailPalofy Analytics is an Independent Sales Organization (ISO) for Europe's largest payment acquirer Worldline and multiple SaaS and Fintech companies. Our Alfa Rating is AA
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Leaguer Venture Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in Finland Consumer startups

Shenzhen Leaguer Venture Capital Co., Ltd. is a high-tech venture capital company founded by Research Institute of Tsinghua University in Shenzhen (RITS) in August 1999. Its current registered capital is RMB 333.3333 million, managing assets amounted to RMB 1.5 billion. With solid capital strength, rich experience of investment and flexiblemechanism, Leaguer VC has invested more than 50 portfolio companies, ranging from IT, new material, medicine, electronics to optomechatronics and hi-tech incubators, etc. The average IRR for the current investments exceeds 30%. Leaguer VC has successfully finished its fund-raising of RMB 160 million in 2009 and set up fund management companies and venture capital companies located in Changzhou and Wuxi.

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Investment focus

  • Industry: Artificial Intelligence, Semiconductor, Robotics
  • Stage:Series A, Seed
  • Geography: China, United States, Finland

Investor stats

  • Total investments: 18
  • Round size: Seed $1.4M–$6.9M; Series A $6.7M–$7.7M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • EXCEEDDATA — EXCEEDDATA provides enterprise customers with one-stop big data intelligent analysis products and consulting. The company was established in 2015 and is based in Haidian, Beijing, China.
  • Micro Creative — Micro Creative focuses on the development of millimeter-wave radar sensor chips and solutions for related application scenarios.
  • Li Krypton Technology — Likrypton Technology provides product research and development in key areas of new energy vehicles and autonomous driving.
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Nordea
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Consumer startups

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.

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Debt Financing, Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 23
  • Round size: Seed $182k–$3.5M; Debt Financing $107k–$94M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Tibber — Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway andSweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.
  • Statzon — Make data-driven plans & faster decisions with a simple access to +1M datasets & market reports about 8,000 topics from +200 trusted data providers.
  • Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.
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Faurecia
VC Fund · Nanterre, Ile-de-France, France · 2 investments in Finland Consumer startups

As a global leader in automotive technology, Faurecia provides innovative solutions to automotive challenges.

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Investment focus

  • Industry: Automotive, Software, Electronics
  • Stage:Series A, Corporate Round
  • Geography: France, United States, Finland

Investor stats

  • Total investments: 17
  • Round size: Series A $4.6M–$25M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Canatu — We create the most advanced carbon nanotubes for industry-transforming products. Discover more!
  • Outsight — Defeat the complexity of working with 3D Data thanks to the first LiDAR pre-processor.
  • Moovency — Moovency is a startup specialized in quantifying the risks of musculoskeletal disorders in an industrial environment. The company's software connects to camera feeds in work environments such as manufacturing and construction to gauge the potential physical strain on workforces, enabling employers to analyse and measure human movemen
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Vito Ventures
VC Fund · Munich, Bayern, Germany · 2 investments in Finland Consumer startups

Vito Ventures invests in break-through tech and business startups in the fields of IoT, B2B marketplaces, enterprise, SaaS and energy tech. Vito Ventures backs ambitious founders and startups applying technology to solve fundamental problems of society ranging from climate change to energy security. They believe that superb engineering andradical entrepreneurial thinking is needed to tackle major challenges of the upcoming decades. With its investments they empower startups, which will make a difference both within their industry and beyond. Through its industrial investor base, they have access to extensive resources (e.g., R&D facilities, global market reach, mass production capabilities). Its portfolio companies can actively leverage their investor’s domain expertise and knowledge base in the fields of Cooling-, Heating- and Energy-technology, Industry 4.0 and Internet of Things. Whether it is developer capacity or prototyping experience, they want to build bridges and open doors whenever possible.

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Investment focus

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

Investor stats

  • Total investments: 24
  • Round size: Series A $4.3M–$16M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • IQM Quantum Computers — IQM is the leading European quantum hardware company in superconducting circuits. We build quantum computers
  • Crate.io — CrateDB is the leading open-source, distributed SQL database, empowering customers to turn data into business value
  • Micropsi Industries — Micropsi Industries is a robotics software company. Our AIs allow robots to learn from humans and act in dynamic environments.
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Salvia GmbH
VC Fund · Holzkirchen, Bayern, Germany · 2 investments in Finland Consumer startups

Salvia is a private investment company based in Holzkirchen near Munich, which was founded in 2014 by Helmut Jeggle. Originally started with traditional angel investments, Salvia has developed into an entrepreneurial venture capital investor.

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Investment focus

  • Industry: Music, Product Design, Business Intelligence
  • Stage:Series B, Seed, Series A
  • Geography: Germany, Finland

Investor stats

  • Total investments: 5
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • IQM Quantum Computers — IQM is the leading European quantum hardware company in superconducting circuits. We build quantum computers
  • OQmented — Outstanding MEMS-based laser scanning for top-notch 3D environment perception and AR projections. Unmatched in terms of size, performance and reliability.
  • Mimi Hearing Technologies — Mimi is building a digital wellbeing platform that bridges the gap between hearing wellbeing and the best personalized listening experience.
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Wave Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Consumer 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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Ventech
VC Fund · Paris, Ile-de-France, France · 2 investments in Finland Consumer 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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Harwick Overseas
VC Fund · 2 investments in Finland Consumer startups

Harwick Overseas is an investment company managed by Jari Ovaskainen.

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Investment focus

  • Industry: Fashion, E-Commerce, Marketplace
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Stylewhile — Stylewhile creates next generation fashion shopping experience on mobile. With Stylewhile, users can try and buy outfits instead of just clothes. Based in Helsinki, Finland, Stylewhile targets the US apparel e-commerce with a strong team with backgrounds in games, e-commerce and apps.Stylewhile was launched on iOS in September 2013 togetherwith Saks Fifth Avenue. The company is backed by Lifeline Ventures, Harwick Overseas and Reaktor Polte.
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True Ventures
VC Fund · Palo Alto, California, United States · 1 investments in Finland Consumer startups, 33 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, Canada

Investor stats

  • Total investments: 490
  • 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

  • Carbon13 — We are the venture builder for the climate emergency, with a mission to reduce CO2e emissions by 400m tonnes through scalable climate tech ventures.
  • PayNearMe — PayNearMe is a modern and reliable billing and payments platform that lets your customers pay how, when and where they want.
  • Manifest — Manifest is a cybersecurity firm focused on assisting businesses in securing their software supply chains. Manifest is creating the first all-in-one SBOM management platform.
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Ambient Sound Investments
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Finland Consumer startups

Ambient Sound Investments (ASI) was established in 2003 as an equal partnership by four founding engineers at Skype to hold a minority stake in Skype. At the end of 2005 ASI sold its Skype shares to eBay and now operates as a private investment vehicle.

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Investment focus

  • Industry: Internet, Software, E-Commerce
  • Stage:Seed, Series A
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Seed $200k–$3.7M; Series A $514k–$3.7M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Cgates — Cgates is largest independent pay TV and internet service provider. It provides digital and interactive television, fibre-optic broadband internet and fixed telephony to subscribers across the country. The company was founded in 1991 and has developed into a leading telecom operator via numerous acquisitions and organic growth. Investor consortiumled by Livonia Partners acquired a significant minority stake in September 2017 to support growth of the company and further network and technology upgrades.
  • Pomelo Fashion — Shop the latest fashion at POMELO fashion. Designed and manufactured in house for quality and style. Dresses, tops, knits, jackets, denim, accessories and more!
  • Ampler Bikes — Smart, durable and light e-bikes that look like classic bicycles. Select your Ampler e-bike online today and start your journey.
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Horizon 2020
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Finland Consumer startups

The EU framework programme for research and innovation

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Grant, Seed
  • Geography: Spain, United Kingdom, Israel

Investor stats

  • Total investments: 118
  • Round size: Seed $66k–$5.1M; Grant $59k–$3.3M
  • Lead/follow: 68% lead, 32% follow

Portfolio highlights

  • Fairbrics — Fairbrics is developing the first synthetic fiber with a net positive impact on climate change and capable of meeting the demand of the market.
  • Partseeker — Partseeker is digital platform for buying and selling automotive used spare parts online.Connecting supply and demand, enriching and controlling spare parts information and thanks to our technology, we offer a smart way for consumers and professional car wrecker to sell and buy automotive used spare parts through our platforms.We provide abetter alternative to new product offering original parts, used or renewed allowing consumer to save time, money and our planet resourcesFor more information please visit www.partseeker.it
  • Neuron soundware — Neuron Soundware is a deep tech startup in AI and IoT using audio analysis to detect broken machines.Neuron soundware develops a detection system that detects machine problems. By recording audio data via sensors and the subsequent automatic evaluation, failures or abnormal behaviors of machines are detected and production breakdowns areprevented.Neuron soundware was named “Idea of ​the Year 2016” in the Czech Republic for the combination of artificial intelligence and IoT (using acoustic sensors). Founded in 2016 by Pavel Konečný in Prague, the company received EUR 600,000 investment by J&T Ventures in 2017. In 2018, Neuron soundware was classified as a “Cool Vendor in Acoustic Technologies for Predictive Maintenance” by Gartner. And one year later the company closed Round A with EUR 5.75 milion investment from INVEN CAPITAL and LEAD VENTURES.We are proud to work with clients such as Airbus, Siemens, BMW, Skoda, MVV Energie, Bosch, LG or Daimler."We listen - so you can fix it before it breaks."​
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Blue Ivy Ventures
VC Fund · Boston, Massachusetts, United States · 1 investments in Finland Consumer startups

Alumni Ventures offers diversified venture portfolios to accredited investors into highly competitive deals that individuals typically do not have access to on their own.

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Series A, Series B
  • Geography: United States, Finland, Singapore

Investor stats

  • Total investments: 64
  • Round size: Series A $5M–$20M; Series B $1.5M–$45M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Humu — Confidently achieve your most ambitious goals. Give everyone the personalized, step-by-step support they need to take the best route towards big, shared finish lines.
  • Printify — Sell custom t-shirts, phone cases, and 800+ products with your designs printed on demand. We will handle printing and shipping to your customers.
  • Cambium Carbon — Cambium Carbon is an early stage social enterprise start up focused on implementing systems-level natural climate solutions centered on reforestation and urban wood reuse.
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VIA Equity
VC Fund · Hellerup, Hovedstaden, Denmark · 1 investments in Finland Consumer 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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Bold Capital Partners
VC Fund · Santa Monica, California, United States · 1 investments in Finland Consumer startups, 8 in the past 12 months

A collection of entrepreneurs, engineers, physicists, doctors, surfers, and musicians who are committed to helping entrepreneurs achieve their dreams of changing the world.

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Investment focus

  • Industry: Health Care, Software, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Hong Kong, Canada

Investor stats

  • Total investments: 88
  • Round size: Seed $2M–$15M; Series A $4M–$40M; Series B $2.5M–$50M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Viome — Test your gut microbiome and measure your health down to the molecular level to get personalized nutrition recommendations and supplements made uniquely for you.
  • Crowdz — Make accounts receivables a thing of the past with a competitive invoice auction for selling your invoices with invoice financing
  • Solarea Bio — Solarea Bio is a biotech company in Cambridge MA building solutions for health disorders using bacteria and fungi native to healthy foods to create powerful synergistic, anti-inflammatory microbial assemblages.
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Nokia
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Consumer startups

Nokia is an innovative global leader in 5G, networks and phones. See how we create the technology that helps the world act together

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Investment focus

  • Industry: Semiconductor, Software, Wireless
  • Stage:Series B, Series A
  • Geography: United States, Finland, France

Investor stats

  • Total investments: 15
  • Round size: Series A $5.5M–$230M; Series B $6.5M–$23M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Team8 — Team8 builds and invests in companies, improving the odds of entrepreneurial success by investing way more than capital.
  • HMD — HMD Global mission to make modern mobile technology accessible to everyone. Learn more about Nokia phones, tablets, products and services.
  • ClariPhy Communications — ClariPhy Communications is a fabless semiconductor company that develops mixed-signal CMOS integrated circuits for optical networking and communication applications. It offers CL1011, a XAUI-based Ethernet transceiver for enterprise networks and data centers; and CL1012, a clock and data recovery integrated circuit for metro and long haul telecomnetworks. The company's customers include OEMs of networking equipment, such as switches, servers, and optical modules. It serves various markets, including enterprise local area networks, enterprise data centers, and telecom wide area networks. ClariPhy Communications was founded in 2002 and is based in Irvine, California with an additional office in Los Altos, California.
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Bayern Kapital
VC Fund · Landshut, Bayern, Germany · 1 investments in Finland Consumer startups, 21 in the past 12 months

Bayern Kapital (founded at the end of 1995) is a wholly owned subsidiary of the LfA Foerderbank Bayern (Bavaria‘s development bank). Bayern Kapital’s objective is to finance research and development as well as the market launch of new products, product diversifications, and expansion of the market share.The requesting company has to be located inBavaria. Industries are e. g. IT/software, life sciences, new materials, micro-systems and environmental technologies.Bayern Kapital and its funds have invested in more than 250 companies and currently manages funds to the value of EUR 340 m. The five investing funds currently managed by Bayern Kapital are Seedfonds Bayern, Clusterfonds Start-Up!, Innovationsfonds, Innovationsfonds EFRE and Wachstumsfonds Bayern.

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Investment focus

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

Investor stats

  • Total investments: 152
  • Round size: Seed $750k–$4.6M; Series A $1.5M–$16M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2010

Portfolio highlights

  • EGYM — EGYM makes the gym work for everyone. They provide gym operators, trainers and members with the technology to advance the user experience and thus make gyms more profitable. There is their own EGYM cloud where they connect all hardware on the training floor (supplier independent) into one cloud and they provide trainers and members via theirTrainer App and Member App access to that data. As the strength area is typically purely mechanical they have even developed their own smart strength machines-connected to their cloud as well.
  • 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.
  • ChargeX — ChargeX provides electric car charging solutions. Tobias Wagner, Michael Masnitza, and Johannes Engeln founded it in 2017, with its headquarters in Munich in Germany.
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Infosto
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Consumer 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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Amor & Labor Oy
VC Fund · 1 investments in Finland Consumer startups

Amor & Labor Oy is a venture capital that offers early stage investments for businesses.

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Investment focus

  • Industry: Women's, Hardware, Software
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Augumenta — We develop intuitive and easy-to-use AR apps and tools that help companies improve their operational efficiency, quality, and safety.
  • Popit Ltd. — Popit makes medication connected with a unique, medical grade solution. It tracks medication use automatically and reminds ONLY if you miss. Developed together with healthcare professionals.
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QCI
VC Fund · 1 investments in Finland Consumer startups

QCI is an investment firm.

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Investment focus

  • Industry: Computer, Hardware, Product Design
  • Stage:Series A
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • IQM Quantum Computers — IQM is the leading European quantum hardware company in superconducting circuits. We build quantum computers
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FIH Mobile
VC Fund · Langfang, Hebei, China · 1 investments in Finland Consumer 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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World Fund
VC Fund · Berlin, Berlin, Germany · 1 investments in Finland Consumer startups

European VC backing entrepreneurs who build climate tech that can save at least 100Mt CO2e emissions per year.

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Investment focus

  • Industry: Hardware, Energy Storage, Energy Efficiency
  • Stage:Seed, Series A
  • Geography: Germany, United Kingdom, Sweden

Investor stats

  • Total investments: 11
  • Round size: Seed $1.8M–$8.6M; Series A $13M–$64M
  • Lead/follow: 82% lead, 18% follow
  • Last fund: Likely still investing — raised $375M in 2021

Portfolio highlights

  • SunRoof — Roof of the future
  • Aedifion — Aedifion develops tools for the cloud-based processing of operating data from building automation systems.
  • Cylib — The cylib process transfers waste from end of life batteries or production scrap into marketable products. Cylib covers all steps from the discharging of batteries up to hydrometallurgical extraction. Since the whole process is in one hand, also the processing of production scraps as well as black mass is possible.
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Contriber Ventures
VC Fund · Tartu, Tartumaa, Estonia · 1 investments in Finland Consumer startups

.Cocoon | Hubs | Investments

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Investment focus

  • Industry: Software, Apps, 3D Technology
  • Stage:Seed, Angel, Series A
  • Geography: Estonia, Finland, Germany

Investor stats

  • Total investments: 7
  • Round size: Seed $964k–$2.1M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Speakly — SPEAKLY is a powerful language learning tool
  • Timbeter — The most accurate and easy-to-use mobile platform with built-in cloud storage, online inventory & reporting for easy adoption. Using image recognition and machine learning technology, Timbeter is creating the world's largest database of photometrically scanned timber logs.
  • Ready Player Me — The Ready Player Me platform leverages AI, ML , and a suite of developer-first tools to empower developers to integrate avatars into their games and apps to launch faster, improve user adoption, and grow revenue through asset monetization.
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Tofino Capital
VC Fund · Washington, District of Columbia, United States · 1 investments in Finland Consumer startups

Tofino Capital is an early stage investor in emerging market technology companies.

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Investment focus

  • Industry: Computer, Hardware, Product Design
  • Stage:Series A
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • IQM Quantum Computers — IQM is the leading European quantum hardware company in superconducting circuits. We build quantum computers
  • Kena Health — Talk to a nurse, doctor or mental health professional on your smartphone with the Kena Health App. Affordable primary healthcare for South Africans. Download Now.
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Qualcomm
VC Fund · San Diego, California, United States · 1 investments in Finland Consumer startups

Qualcomm is an American fabless semiconductor company that designs, manufactures, and markets digital wireless telecommunications products and services. It produces processors and connectivity solutions, displays, software, and charging products.The company is focused on various industries: automotive, education, healthcare, Internet ofEverything, mobile computing, networking, smart cities, smart homes, and wearables.Qualcomm’s products include Gobi, Hy-Fi, IPQ, IZat, Powerline, Snapdragon, Small Cells, VIVE, Wi-Fi platforms, Mirasol, Pixtronix, AllPlay, 2net, Brew, HealthyCircles, QChat, QLearn, RaptorQ, Vuforia, Halo, and WiPower.SnapTrack, Trigenix Ltd, Elata, Berkana Wireless, Qualphone and Airgo Networks are some of the companies that Qualcomm has so far acquired.Qualcomm was co-founded by Irwin M. Jacobs, Andrew Viterbi, Harvey White, Adelia Coffman, Andrew Cohen, Klein Gilhousen, and Franklin Antonio in 1985 and is headquartered in San Diego, California with worldwide presence. It has offices in Australia, Austria, Belgium, Brazil, Canada, China, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Mexico, Netherlands, Nigeria, Philippines, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Thailand, Turkey, U.A.E, United Kingdom, and Vietnam.

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Investment focus

  • Industry: Mobile, Software, Wireless
  • Stage:Series B, Series A
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 88
  • Round size: Series A $201k–$500M; Series B $2M–$26M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • TRIPP — TRIPP: Empowering You To Change The Way You FeelNamed the Best VR Meditation App of 2020 by Men’s Health and VR Fitness Insider, The Washington Post calls TRIPP “Meditation-meets-a-video-game-meets-a-Happy-Pill!”TRIPP is the award-winning XR platform designed to address mental and emotional well-being. Proven to drive deep engagement, TRIPPcreates advanced digital products that are based on scientific research and delivered through virtual reality, augmented reality, and mobile devices. TRIPP's platform is currently delivering wellness solutions into consumer households, Fortune 1000 companies and hospitals/clinics worldwide.
  • uMobile — UMobile is an application developing company. They develop applications for mobile users. Few of their applications developed for iOS users are Block Puzzle Extrem
  • Hugging Face — Hugging Face is an open-source & platform provider of machine learning technologies. Hugging Face was launched in 2016 and is headquartered in New York.
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Santo Venture Capital
VC Fund · Holzkirchen, Bayern, Germany · 1 investments in Finland Consumer startups

Santo Venture Capital GmbH is a venture capital firm founded in 2011 and which operates as a subsidiary of ATHOS Service Gmbh.

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Investment focus

  • Industry: Energy, Clinical Trials, Environmental Engineering
  • Stage:Series A, Series B, Series D
  • Geography: Germany, Finland

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • IQM Quantum Computers — IQM is the leading European quantum hardware company in superconducting circuits. We build quantum computers
  • Temedica — Temedica is a Munich, Germany-based digital health company with the mission to put the patient into the center of healthcare. To this end, the company offers solutions both for patients and for other stakeholders in the healthcare universe. Temedica’s two platforms, Temedica-Apps and Permea, enable customer-tailored solutions to advancepersonalized healthcare. To best support patients with complex, chronic conditions, the company develops state-of-the-art digital patient companions. These apps help patients with personalized guidance and navigate them through the healthcare system considering their individual needs. Temedica is also an expert in compiling, structuring and analyzing real world data. Its B2B-directed data analytics platform Permea is designed to enable unique insights along the whole healthcare value chain and patient journey.
  • Efficient Energy — Efficient Energy GmbH is an innovative manufacturer and system supplier of environmentally friendly refrigeration technology, based in Feldkirchen near Munich, Germany. The company developed the Bluezero-technology, which uses water as a refrigerant and and thereby entirely avoids fluorinated refrigerants (HFCs). Efficient Energy helps itscustomers overcome the increasing regulatory challenges of refrigeration technology, and offers them long-term, sustainable solutions with its eChiller model range. The eChiller chilled water units are ideally suited for process cooling, machine cooling and the cooling of technical equipment and data centres and provide cooling capacities from 35 kW to 120 kW, depending on the model. With its outstanding cost efficiency and low CO2 footprint, companies benefit on many fronts. The pioneering technology has also been noticed by politics and the media, and has received multiple awards for the eChiller. These include among others the European Business Award for the Environment 2018/2019 from the European Comission and the Red Herring Europe Top 100 in 2020.
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Lindström
VC Fund · 1 investments in Finland Consumer startups

We are one of Europe's leading textile service companies with over 170 years of experience in the textile industry

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Investment focus

  • Industry: Textiles, Manufacturing, Consumer Goods
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Rester — Rester is a Finnish company enabling the recovery of business textiles into a new textile fibre and quality raw material.
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FAST — by GETTYLAB
VC Fund · San Francisco, California, United States · 1 investments in Finland Consumer startups

Backing engineers building awe, wonder, speed.

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Investment focus

  • Industry: Software, Biotechnology, Health Care
  • Stage:Pre-Seed, Seed
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 95
  • Round size: Seed $2.5M–$5.4M; Pre-Seed $125k–$2.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yakoa — Yakoa is a NFT Fraud Detection Network.
  • Redbird — Redbird is an operating system that empowers data driven teams to easily create custom applications that automate advanced analytics work in minutes, without writing code.
  • Fluent Metal — Fluent Metal is a company that makes metal 3D printing economical, efficient, and safe.
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KSVFinland
VC Fund · 1 investments in Finland Consumer startups

The ”heart and soul” of the company is Klaus Viljanmaa, who earned his spurs as an entrepreneur in Finland

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Investment focus

  • Industry: Electronics, Cloud Computing
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Solu — Solu.co is a Fastest Growing hub for Technology, How-to, Gadgets, Entertainment, Lifestyle, Digital Marketing And Business Ideas.
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Consumer VC funding in Finland at a glance

Stats across 3 deals from 2 investors.

2
investors
in Finland Consumer startups
3
deals
in Finland Consumer startups
$1.1M
median round
in Finland Consumer startups
50%
lead investors
lead at least one round
67%
Grant
most common funding stage

Access all 2 VC funds in Finland Consumer startups.

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