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

## Tesi
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 14
- Stages: Series A, Series B
- Focus: Software, Manufacturing, Health Care

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

## Lifeline Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 14
- Stages: Seed, Series A
- Focus: Software, Health Care, E-Commerce

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

## Butterfly Ventures
- Type: VC Fund
- Location: Oulu, Oulu, Finland
- Relevant deals: 12
- Stages: Seed, Pre-Seed
- Focus: Health Care, Software, Information Technology

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

## Business Finland
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 12
- Stages: Seed, Grant
- Focus: Software, Information Technology, SaaS

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.

## Finnvera Venture Capital
- Type: VC Fund
- Location: Kuopio, Eastern Finland, Finland
- Relevant deals: 11
- Stages: Seed, Series A
- Focus: Software, Health Care, Information Technology

Finnvera makes direct investments in early-stage enterprises through Seed Fund Vera Ltd. Finnvera's goal is to cover shortcomings existing on the market between product development funding and private equity investments. Finnvera does not compete with private financiers; instead, it strives to supplement the financial market.Finnvera'sinvestments enable, start and accelerate growth and internationalisation among investment targets. Enterprises are developed to make them attractive targets for further financing by other investors and industrial actors. Investments are made in technology enterprises at an early stage and in technology-intensive or innovative service enterprises that have potential for developing into international growth enterprises.Finnvera is also known as a specialised financing company owned by the State of Finland. It provides its clients with loans, guarantees, venture capital investments and export credit guarantees.

## Innovestor
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 8
- Stages: Seed, Series A
- Focus: Software, Health Care, Manufacturing

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

## Maki.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 7
- Stages: Seed, Series A
- Focus: Software, SaaS, E-Commerce

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

## VTT Ventures
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Manufacturing, Biotechnology, 3D Technology

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?

## Inventure
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Software, Information Technology, Health Care

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

## Voima Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Biotechnology, Health Care, Software

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.

## Reaktor Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Internet, Health Care

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.

## Superhero Capital
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, Internet

Early-stage VC searching for the next Superheroes.

## VNT Management
- Type: VC Fund
- Location: Vaasa, Western Finland, Finland
- Relevant deals: 3
- Stages: Series B, Seed
- Focus: Manufacturing, Electronics, Information Technology

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.

## OpenOcean
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Series A, Series B, Seed
- Focus: Software, Information Technology, Enterprise Software

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

## Conor Venture Partners
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 3
- Stages: Series A, Series B, Seed
- Focus: Software, Analytics, Semiconductor

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

## First Fellow Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, SaaS, Enterprise Software

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.

## Supercell
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 3
- Stages: Seed, Corporate Round
- Focus: Gaming, Video Games, PC Games

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

## Summit Partners
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 2
- Stages: Private Equity, Series B
- Focus: Software, Information Technology, Health Care

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.

## Vsquared Ventures
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Series C
- Focus: Artificial Intelligence, Software, Manufacturing

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.

## CapMan
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Private Equity, Series B
- Focus: Software, Information Technology, Manufacturing

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

## Icebreaker.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

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

## Centre for Economic Development, Transport and the Environment
- Type: VC Fund
- Relevant deals: 2
- Stages: Grant
- Focus: SaaS, FinTech, Lighting

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.

## Leaguer Venture Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Artificial Intelligence, Semiconductor, Robotics

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.

## Nordea
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Debt Financing, Seed
- Focus: FinTech, Financial Services, Banking

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

## Faurecia
- Type: VC Fund
- Location: Nanterre, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Corporate Round
- Focus: Automotive, Software, Electronics

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

## Vito Ventures
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, Information Technology, Internet of Things

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.

## Salvia GmbH
- Type: VC Fund
- Location: Holzkirchen, Bayern, Germany
- Relevant deals: 2
- Stages: Series B, Seed, Series A
- Focus: Music, Product Design, Business Intelligence

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.

## Wave Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Mobile Apps, Internet

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.

## Ventech
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, E-Commerce, Biotechnology

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

## Harwick Overseas
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Fashion, E-Commerce, Marketplace

Harwick Overseas is an investment company managed by Jari Ovaskainen.

## True Ventures
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, Information Technology, Internet

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.

## Ambient Sound Investments
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Internet, Software, E-Commerce

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.

## Horizon 2020
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Grant, Seed
- Focus: Biotechnology, Health Care, Software

The EU framework programme for research and innovation

## Blue Ivy Ventures
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Health Care, SaaS

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

## VIA Equity
- Type: VC Fund
- Location: Hellerup, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Private Equity
- Focus: Software, Manufacturing, Film

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.

## Bold Capital Partners
- Type: VC Fund
- Location: Santa Monica, California, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Health Care, Software, Biotechnology

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

## Nokia
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Semiconductor, Software, Wireless

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

## Bayern Kapital
- Type: VC Fund
- Location: Landshut, Bayern, Germany
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Health Care

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.

## Infosto
- Type: VC Fund
- Location: Espoo, Southern Finland, Finland
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Sensor, Organic, Automotive

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

## Amor & Labor Oy
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Women's, Hardware, Software

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

## QCI
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A
- Focus: Computer, Hardware, Product Design

QCI is an investment firm.

## FIH Mobile
- Type: VC Fund
- Location: Langfang, Hebei, China
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Apps, Consumer Electronics, Augmented Reality

FIH Mobile is a handset manufacturing and Integrator services company.

## World Fund
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Hardware, Energy Storage, Energy Efficiency

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

## Contriber Ventures
- Type: VC Fund
- Location: Tartu, Tartumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: Software, Apps, 3D Technology

.Cocoon | Hubs | Investments

## Tofino Capital
- Type: VC Fund
- Location: Washington, District of Columbia, United States
- Relevant deals: 1
- Stages: Series A
- Focus: Computer, Hardware, Product Design

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

## Qualcomm
- Type: VC Fund
- Location: San Diego, California, United States
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Mobile, Software, Wireless

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.

## Santo Venture Capital
- Type: VC Fund
- Location: Holzkirchen, Bayern, Germany
- Relevant deals: 1
- Stages: Series A, Series B, Series D
- Focus: Energy, Clinical Trials, Environmental Engineering

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

## Lindström
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Textiles, Manufacturing, Consumer Goods

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

## FAST — by GETTYLAB
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Software, Biotechnology, Health Care

Backing engineers building awe, wonder, speed.

## KSVFinland
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Electronics, Cloud Computing

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

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co