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Top 50 Food and Beverage Startup Investors in Finland (May 2026)

The most active venture capital funds and angel investors investing in Finland Food and Beverage startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Food and Beverage startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Lifeline Ventures
VC Fund
8 Finland, United States, United Kingdom Seed, Series A Software, Health Care, E-Commerce $429k–$20M
Ilkka Paananen
Angel
5 Finland, United States, Germany Seed, Series A, Series B Software, E-Commerce, FinTech $1.2M–$4.4M
Ali Omar
Angel
4 Finland, United States, Estonia Seed, Pre-Seed, Angel Software, SaaS, Artificial Intelligence $54k–$2.1M
Illusian Family Office
VC Fund
4 Finland, United States, Germany Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $2.4M–$23M
Butterfly Ventures
VC Fund
3 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $214k–$2M
Inventure
VC Fund
3 Finland, Sweden, Denmark Seed, Series A Software, Information Technology, Health Care $482k–$12M
Laurel Bowden
Angel
3 United Kingdom, Germany, France Series C, Series B, Series D Software, SaaS, E-Commerce $12M–$70M
Innovestor
VC Fund
3 Finland, Denmark, Sweden Seed, Series A Software, Health Care, Manufacturing $482k–$4.3M
First Fellow Partners
VC Fund
3 Finland, United States, Estonia Seed, Series A Software, SaaS, Enterprise Software $375k–$33M
Lasse Järvinen
Angel
2 Finland, Canada, Sweden Angel, Seed Marketplace, Restaurants, Software $54k–$161k
Business Finland
VC Fund
2 Finland, United States, United Kingdom Seed, Grant Software, Information Technology, SaaS $36k–$3.2M
Reaktor Ventures
VC Fund
2 Finland, Germany, United States Seed, Pre-Seed, Series A Software, Internet, Health Care $129k–$6.4M
Alfabeat
VC Fund
2 Poland, United Kingdom, United States Seed, Series A, Pre-Seed Software, Marketing, Internet $199k–$1.2M
Verdane
VC Fund
2 Sweden, Norway, Germany Private Equity, Series A E-Commerce, Software, Information Technology $4.4M–$100M
TukkuHeino
VC Fund
2 Finland Pre-Seed Cooking, Children, Education
Finnish Climate Fund
VC Fund
1 Finland Debt Financing Biotechnology, Food Processing, Service Industry $2.6M–$11M
Elias Aalto
Angel
1 Finland, Sweden Seed, Convertible Note News, Video, Internet $430k–$10M
Maki.vc
VC Fund
1 Finland, Germany, United Kingdom Seed, Series A Software, SaaS, E-Commerce $750k–$12M
Arto Rastas
Angel
1 Finland Seed SaaS, Marketplace, Food Processing
Timo Soininen
Angel
1 Finland, United States, Sweden Seed, Series A Software, E-Commerce, Shoes $2.1M–$16M
Lukasz Gadowski
Angel
1 Germany, United States, Sweden Series A, Seed, Angel Internet, E-Commerce, Software $1M–$59M
VTT Ventures
VC Fund
1 Finland Seed, Series A Manufacturing, Biotechnology, 3D Technology $460k–$1.8M
EQT Ventures
VC Fund
1 Sweden, Germany, United States Series A, Series B, Seed Software, Information Technology, SaaS $2M–$52M
Green Campus Innovations Oy
VC Fund
1 Finland Seed Energy, Battery, Biotechnology
Kori Capital
VC Fund
1 Finland Food and Beverage
Aboa Advest
VC Fund
1 Finland Seed Food Processing, Food and Beverage
General Catalyst
VC Fund
1 United States, United Kingdom, India Series A, Series B, Seed Software, Health Care, Internet $1M–$80M
Nicoya
VC Fund
1 United States, Sweden, Finland Seed, Pre-Seed, Series A Food and Beverage, Grocery, Leisure $6.1M–$14M
Dan Bragiel
Angel
1 United States, Finland, Latvia Seed, Series A, Series C Software, Logistics, Mobile $600k–$5M
Sebastian Östman
Angel
1 Finland Seed Wellness, Nutrition, Personal Health
Rasmus Östman
Angel
1 Finland Seed Wellness, Nutrition, Personal Health
Julia Jouhki
Angel
1 Finland Seed Wellness, Nutrition, Personal Health
Stockholm Techstars Accelerator
VC Fund
1 Israel, Norway, Sweden Pre-Seed Pet, FinTech, Finance $120k–$120k
Insta Ventures
VC Fund
1 United States, Estonia, France Seed, Pre-Seed E-Commerce, Food and Beverage, Grocery $500k–$5M
Christian Jantzen
Angel
1 Denmark, Sweden, Finland Seed, Pre-Seed, Angel Software, SaaS, Information Technology $250k–$3.5M
Stefan Lindberg
Angel
1 Finland Seed, Pre-Seed Wellness, Fitness, Software $296k–$430k
Hercculia
VC Fund
1 Finland Seed Food Processing, Food and Beverage
Ananda Impact Ventures
VC Fund
1 Germany, United Kingdom, Finland Seed, Series A Health Care, Software, Information Technology $3.1M–$16M
Juha-Petteri Kukkonen
Angel
1 Finland Seed, Convertible Note News, Internet, Wellness $296k–$430k
Turret Oy
VC Fund
1 Finland Seed Farming, Seafood, Food and Beverage
Niklas Zennström
Angel
1 United Kingdom, Sweden, Finland Series A, Seed, Series B Software, Internet, Apps $5M–$45M
Peter Carlsson
Angel
1 Sweden, Finland, Germany Seed, Angel Information Technology, Food and Beverage, AgTech
FV Group Holding AB
VC Fund
1 Finland Farming, Seafood, Food and Beverage
Aura Pääomasijoitus
VC Fund
1 Finland Seed Food Processing, Food and Beverage
Loudspring
VC Fund
1 Finland, United States Series A, Seed, Grant SaaS, Smart Building, Property Management
Finnvera Venture Capital
VC Fund
1 Finland, United States, Switzerland Seed, Series A Software, Health Care, Information Technology $250k–$21M
Courage Ventures Management
VC Fund
1 Finland, United States Seed, Pre-Seed Health Care, Apps, Online Games
Nordic Foodtech VC
VC Fund
1 Finland, Denmark, Sweden Seed, Series A Biotechnology, Seafood, Life Science $321k–$4.3M
Tesi
VC Fund
1 Finland, United States, Argentina Series A, Series B Software, Manufacturing, Health Care $1.8M–$20M
Mikael Hed
Angel
1 Finland, Lithuania Seed, Angel, Series B E-Commerce, Consumer Electronics, Hardware $1M–$9.5M
Access all 43 investors in Finland Food and Beverage startups.

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

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Investor list

Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 8 investments in Finland Food and Beverage 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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Ilkka Paananen
Angel · Helsinki, Southern Finland, Finland · 5 investments in Finland Food and Beverage startups, 8 in the past 12 months

Ilkka Paananen, is the CEO and co-founder of Supercell, the Helsinki-based mobile games developer behind Clash of Clans, Hay Day, Boom Beach, Clash Royale and Brawl Stars. Since its founding in 2010, Supercell's five games have amassed 100m daily players and remain in the global top 10 years after launch. In June 2016, Supercell became thefirst European technology start-up to reach a valuation of $10 billion.In addition to his role at Supercell, Ilkka helps other entrepreneurs as both an investor and as an active member of the Nordic startup community where he mentors and coaches other founders. Alongside his co-founder Mikko Kodisoja, he has established the We Foundation to fight social inequality and help disadvantaged children in Finland.Prior to founding Supercell, he was the CEO & co-founder of Finnish games developer Sumea, which was later acquired by Digital Chocolate, where he worked as President until 2010. Ilkka holds a Master of Science degree from the Helsinki University of Technology.

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Finland, United States, Germany

Investor stats

  • Total investments: 41
  • Round size: Seed $1.2M–$4.4M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Isometric — Isometric is a carbon removal registry and science platform
  • Linear — Linear allows the user to manage software development and track bugs. Built for speed and efficiency.The founders started Linear from their own frustrations building software projects in successful high-growth companies like Airbnb, Coinbase and Uber. The founders wanted to create the tools that focus us and its team in making progress, not getin the way. Tools that are fast and efficient. Speed and performance were the main things Linear focuses on early on and keep focusing on that.
  • Getpaid — Payments infrastructure for B2B marketplaces, wholesalers and SaaS platforms. B2B checkout to process all B2B transactions online & offline | payout instantly | automate complex money flows, end-to-end reconciliation.
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Ali Omar
Angel · Helsinki, Southern Finland, Finland · 4 investments in Finland Food and Beverage startups

Ali Omar is a Member of the Finnish Business Angels Network. He attended Aalto University and the University of Oulu.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Finland, United States, Estonia

Investor stats

  • Total investments: 59
  • Round size: Seed $215k–$2.1M; Angel $54k–$1.6M; Pre-Seed $54k–$707k
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • MÖ Foods — MÖ Kaurajogu is domestic, completely herbal and above all delicious. All our products are manufactured in Central Ostrobothnia, Lohtaja.
  • GoalProfit — GoalProfit is the world’s first low code retail optimization platform empowering retailers to build customized intelligence applications. It was founded by former IBM executives, Maxim Morozov and Oleg Sidorkin. GoalProfit is on a mission to make big data solutions available for all retailers and help them to survive in a new post-covid reality.
  • Builderhead — Builderhead is a construction management software designed for real estate developers and general contractors. The software combines project development, procurement, and construction management into a streamlined pipeline. We bring an industry spesific Project Development CRM, Bid Management Tools and Project Management Software in one easy-to-useplatform which integrates easily with other most used software in the industry. Even thought the construction industry accounts for 13% of the world’s GDP, there's been a global problem of poor productivity within the industry as productivity growth has increased only 1% over the past 20 years. From the real estate developers and general contractors point of view, the biggest issue is the projects that turn unprofitable unexpectedly. One unprofitable project destroys the whole year profits and another one can bankrupt the entire company. Most of the decisions that affect the success of a project are made before construction begins, but still there are no smart tools available for that stage to help the construction companies avoid unprofitable projects. We solve this global problem by bringing the most critical steps to the success of a construction project on the same platform.
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Illusian Family Office
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Food and Beverage startups

Illusian is a Family Office founded in 2014 by Ilkka Paananen, entrepreneur, investor, co-founder and CEO of Supercell, the global leader in mobile games. They support founders and makers who shape society through technology and create impact at scale. Their mission is to unleash the potential of European entrepreneurship to solve the world’sbiggest problems. Illusian's activities consist of three pillars: investing, philanthropy, and family services. They often partner with leading venture capital funds to help bring their vision to life.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Finland, United States, Germany

Investor stats

  • Total investments: 24
  • Round size: Seed $2.4M–$4.4M; Series A $5.9M–$23M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bob W — Book the smartest alternative to hotels and random rentals. Climate-neutral and locally designed apartments in handpicked districts. Stay days, weeks or months.
  • Elicit — Elicit is an artificial intelligence research assistant that uses language models to help users automate research workflows. This research assistant finds relevant papers without a perfect keyword match, summarizes takeaways from the papers, and extracts key information from the papers.
  • Plan A — Automate your company's ESG and carbon footprint reporting and reduce your emissions. Create decarbonisation plans plans based on data and science.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 3 investments in Finland Food and Beverage 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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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Food and Beverage 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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Laurel Bowden
Angel · London, England, United Kingdom · 3 investments in Finland Food and Beverage startups

Laurel is a General Partner at 83North (formerly Greylock IL), which she joined in 2008. Her areas of focus include: software, internet and fintech. Laurel has led investments in many leading European companies, including Just Eat (LSE: JE), Qliktech (NASDAQ: QLIK) and Hybris (acquired by SAP).Her current company boards and investmentsinclude Workable, Mirakl, NotontheHighStreet, Wonga, Wandera, iZettle, BlueVine, Ebury and Investec PLC & Ltd.Laurel was previously at GE and JVP. She holds a BS in Electrical Engineering from the University of Cape Town and an MBA from INSEAD.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Series C, Series B, Series D
  • Geography: United Kingdom, Germany, France

Investor stats

  • Total investments: 54
  • Round size: Series B $15M–$32M; Series C $12M–$70M; Series D $12M–$49M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Huuva — We believe today’s food delivery market is broken and aim to fix this for all value chain stakeholders by making virtual food courts the new industry standard.Huuva develops a plug-n-play solution for restaurateurs to scale their brands to new markets with healthy unit economics. For consumers, Huuva creates unique virtual food court experiencesdirectly into food delivery applications.
  • SellerX — We buy and build Amazon businesses, helping entrepreneurs realise the next stage of their businesses, and their lives.
  • Pandas — We are Green Panda and our mission is to give consumers the most value out of their smartphone with zero hassle, by empowering them to sell/trade it in the fastest, safest, and easiest way possible. 1Bn (with a B!) smartphones stop being used, every year after you upgrade to the latest and greatest. But there is a solution as simple astrading them in and getting paid while participating in the circular economy. So, why aren’t people selling their old phones, we wondered? This is where Green Panda comes in. Inspired by humans and powered by tech, we make sure that the frustrating experience of selling your smartphone is now as quick and easy as using a kiosk near you. Our patented A.I. technology in the Green Panda kiosks allows us to evaluate a smartphone’s condition, from the smallest nick to serious technical issues, with unprecedented accuracy. Oh, and we pay users on the spot, straight to their bank account/credit card.
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Food and Beverage 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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First Fellow Partners
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Food and Beverage 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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Lasse Järvinen
Angel · Helsinki, Southern Finland, Finland · 2 investments in Finland Food and Beverage startups

Lasse Järvinen - Co-Founder @ Bonusway

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Investment focus

  • Industry: Marketplace, Restaurants, Software
  • Stage:Angel, Seed
  • Geography: Finland, Canada, Sweden

Investor stats

  • Total investments: 7
  • Round size: Angel $54k–$161k
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • DealGuru — DealGuru is a stealth startup in a ecommerce space.
  • Hostaway — Hostaway Vacation Rental Software and Airbnb Management System Helps You Grow Your Vacation Rental Property Management Business By Automating And Streamlining Every Aspect Of Your Business across Airbnb, Vrbo, Booking.com, Expedia, and many more.
  • Fiksuvuokraus.fi — Fiksuvuokraus.fi is an apartment renting platform for long-term contracts. In our service, the rental process is simplified and accelerated with the latest technologies that are primarily used only for apartment selling. We think that also rental apartments deserve to be found with modern tools.
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Access 48,091 investors

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

Browse database — It's Free!
Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Food and Beverage 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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Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Food and Beverage 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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Alfabeat
VC Fund · Gdansk, Pomorskie, Poland · 2 investments in Finland Food and Beverage startups

Welcome to Alfabeat, a specialist seed and early stage venture capital fundfocused on Enterprise SaaS companies from Central and Eastern Europe,backed by successful enterprise software founders.

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Investment focus

  • Industry: Software, Marketing, Internet
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Poland, United Kingdom, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $199k–$1.2M; Pre-Seed $300k–$1.2M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • SunRoof — Roof of the future
  • Monetizr — Monetizr is a unique in-game advertising platform that enables brand marketers to engage with GenZ and Millennial audiences. Monetizr offers sequential multi-touch brand placements, scalability across hundreds of mobile games, high engagement, and data collection in exchange for valuable rewards.
  • Fluency — Fluency is a blockchain-empowered CBDC proprietary platform revolutionizing the existing financial system. Their blockchain enterprise smart contract platform was developed for the purpose of building and interconnecting national multi CBDC networks. Fluency Aureum allows issuance, distribution, and exchange of multi-CBDCs between central banks,commercial banks, merchants, and consumers. The company's proprietary technology is specifically tailored with the idea of bringing technological and economical innovations of digital currencies to the existing financial system.It was incorporated in 2019, headquartered in London, UK with subsidiaries in Delaware, US, and Dublin, Ireland.
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Verdane
VC Fund · Oslo, Oslo, Norway · 2 investments in Finland Food and Beverage startups, 8 in the past 12 months

The preferred growth partner to tech-enabled businesses in Northern Europe.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Private Equity, Series A
  • Geography: Sweden, Norway, Germany

Investor stats

  • Total investments: 117
  • Round size: Series A $4.4M–$28M; Private Equity $10M–$100M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Blinto — Blinto offers an online auction platform that offers both sellers and buyers the opportunity to meet via a complete online auction service. The products primarily auctioned on its websites are construction machines, commercial vehicles, and tools.
  • Verified — Verified specializes in providing services for electronic signing, identification, anti-money laundering and API integration solutions.
  • Urban Volt — UrbanVolt makes sustainability easy via our unique light as a service model. They retrofit commercial premises with led lighting for no upfront cost. Their unique light as a service business model allows their clients to enjoy cash and energy savings from the moment of installation. They created this company and capex-free model because theybelieve businesses should not bear the financial risk of energy reduction projects. Their commitment to maintaining light fittings makes sustainability easy.
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TukkuHeino
VC Fund · 2 investments in Finland Food and Beverage startups

TukkuHeino

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Investment focus

  • Industry: Cooking, Children, Education
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Carrot Revolution — Versatile recipes, designed by food education experts, and a game-like cooking experience guarantee a fun and safe cooking hobby in the child's own home.
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Finnish Climate Fund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Food and Beverage startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Elias Aalto is Wolt's Advisor and a Co-Founder before that.

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Investment focus

  • Industry: News, Video, Internet
  • Stage:Seed, Convertible Note
  • Geography: Finland, Sweden

Investor stats

  • Total investments: 4
  • Round size: Seed $430k–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • memmo.me — memmo.me provides a webpage for offering and distributing personalized video messages from actors, athletes, musicians, and other talent.
  • Helppy — Helppy is redefining elderly care. We are the trusted companion of seniors and their families. Helppy is a personalized elderly care platform supported by technology. We provide personal care, family support and a broad range of additional services to elderly at home.
  • ArcticStartup — ArcticStartup is helping to build communities with uncapped opportunities through media, events, PR and consulting since 2007.Launched in 2007 by Antti Vilpponen and Miikka Kukkosuo as founding writers and getting out two-three articles a week, ArcticStartup quickly started gaining traction. In 2008 Ville Vesterinen and Karri Saarinen joinedthe founding team and ArcticStartup launched its own that were at first held in a small bar of Dubrovnik in Helsinki. Both the media and events started going international in 2009, expanding to the neighbouring Nordics & Baltics. This growth continued until 2012, when the company nearly shut-down as the founders wanted to move-on to other projects. At that point Dmitri Sarle and Greg Anderson took over the company and re-founded ArcticStartup with Jan Ameri joining very shortly.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Food and Beverage 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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Arto Rastas
Angel · Tampere, Western Finland, Finland · 1 investments in Finland Food and Beverage startups

I am a cook who never found it just as the journey on the trail. Thus, I decided to walk through several trails. What I mean is that, one day I can do a very modern and innovative cuisine, and again on the second day I can and I want to do something else. However, both of these must be in its own address.

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Investment focus

  • Industry: SaaS, Marketplace, Food Processing
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Foodiac — Foodiac is an online marketplace for private chefs and high-end catering. It offers a SaaS-based business model for chefs and small catering companies to build their business and brand. The company was founded by Miikka Mäkiö in 2014 and is headquartered in Helsinki, Southern Finland.
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Timo Soininen
Angel · Zürich, Zurich, Switzerland · 1 investments in Finland Food and Beverage startups

Timo Soininen is the co-founder at Small Giant Games. Timo Soininen is the CEO and co-founder of Small Giant Games, maker of the hit game Empires & Puzzles. Small Giant joined Zynga, Inc (ZNGA) in December 2018, when Zynga acquired 80% of Small Giant at $700M valuation. Prior to Small Giant he was the longtime CEO of Habbo Hotel and is also anactive angel investor in several technology startups ranging from biomaterials and digital health to games (Spinnova, Aiforia, Critical Force). Timo holds a M.Sc. degree in Marketing from Helsinki School of Economics/Aalto University and just loves tennis.

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Investment focus

  • Industry: Software, E-Commerce, Shoes
  • Stage:Seed, Series A
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 7
  • Round size: Seed $2.1M–$16M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • #Rens — RENS Original is the World's First Sneaker made from recycled coffee and plastic. We know you've been drinking it, now it is time to wear it.
  • Ark Kapital — ArK is a precision financing company that empowers technology businesses to grow faster, enables owners to maintain control, and reduces risk for investors. ArK is founded by a world-class AI technology developer, a six-time-founder, and the veteran banker you always wanted.
  • Voltan Energy — Voltan Energy is a sustainable and affordable local heating and cooling solutions.
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Lukasz Gadowski
Angel · Berlin, Berlin, Germany · 1 investments in Finland Food and Beverage startups

Lukasz Gadowski is the Founder and CEO of Team Global. He previously worked at Circ as a Co-Founder. Lukasz Gadowski attended HHL Leipzig Graduate School of Management.

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Investment focus

  • Industry: Internet, E-Commerce, Software
  • Stage:Series A, Seed, Angel
  • Geography: Germany, United States, Sweden

Investor stats

  • Total investments: 47
  • Round size: Seed $1M–$10M; Series A $4.3M–$59M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Bardeen — Bardeen is an automation app to replace your repetitive tasks with a single shortcut and control your web apps from anywhere. Explore our integrations with your favorite apps and hundreds of pre-built playbooks that help you stay in the flow.
  • TAU Systems — TAU Systems provides medical imaging technology.
  • MILES — Carsharing nach Kilometern statt Minuten. MILES Autos und Transporter einfach per App mieten und losfahren!
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VTT Ventures
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Food and Beverage 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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EQT Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Finland Food and Beverage startups, 20 in the past 12 months

EQT Ventures is a European VC fund with just over €2.3 billion in total capital raised. EQT Ventures I launched in May 2016, with commitments totalling €566 million and a simple mission - to be the kind of VC the team would have liked to have had on their own startup journeys. Recognizing that building and growing a company takes more than justcapital, the EQT Ventures team provides founders with support and advice throughout different stages of growth. EQT Ventures doesn't focus on particular markets or industries, but bold and ambitious founders who have the grit and determination to build global success stories. EQT Ventures II launched in November 2019, with commitments totalling €660 million. EQT Ventures III launched in 2022, with commitments totalling €1.1 billion, making it the biggest European Venture Capital fund committed to early stage tech startups. The EQT Ventures team is based across six offices in London, Stockholm, Berlin, Paris, Amsterdam, Paris and San Francisco, taking a locals with locals approach and supporting founders on the ground. Motherbrain, EQT Ventures' in-house-developed artificial intelligence (AI) platform, ensures the team has data-driven approach and has driven more than $100 million in portfolio company investments.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series A, Series B, Seed
  • Geography: Sweden, Germany, United States

Investor stats

  • Total investments: 162
  • Round size: Seed $2M–$11M; Series A $5.4M–$43M; Series B $14M–$52M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Fly.io — Fly.io offers an Application Delivery Network (ADN) intended to help website owners get connected with their customers easily. The company's application delivery network uses a global network of servers to accept visitor traffic, run middleware on requests, then route them to backend applications, enabling website owners to direct theirvisitors to their respective sites securely and in a few clicks.
  • Verkor — Verkor is a French industrial company set to amplify battery cell production.
  • Volt.io — Increase retention and digital sales by allowing your customers to initiate direct payments, from their bank accounts to yours in real-time. Your checkout in super-drive, powered by Volt.
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Green Campus Innovations Oy
VC Fund · 1 investments in Finland Food and Beverage startups

Provide an effective, outsourced incubation and acceleration platform .

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Investment focus

  • Industry: Energy, Battery, Biotechnology
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Akkurate — Sandvik Battery Electric Loaders and Trucks TH550B LH518B Mobile Charging Station Battery as a Service
  • 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.
  • The Human Touch Robotics — Introducing robotics with the lightness of the human touch in realms once thought impossible.
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Kori Capital
VC Fund · New York, New York, United States · 1 investments in Finland Food and Beverage startups

We are a Private Equity and Venture Capital firm founded by a consortium of industry leaders. Areas of emphasis include emerging industries such as AI, Blockchain, Cannabis, e-sports, fintech, and many others. Parent company for numerous publicly listed entities with a track record of successful exits.

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Investment focus

  • Industry: Food and Beverage
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Ruoka Boksi — Ruokaboksi toimittaa valmiiksi suunnitellut, herkulliset, helpot ja monipuoliset reseptit kotiovellesi.
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Aboa Advest
VC Fund · Turku, Western Finland, Finland · 1 investments in Finland Food and Beverage startups

Aboa Advest is an investment company focusing on startups and other growth companies. We specialise in Business Model development and service concepts for startups. We assist in financing growth through our know-how and extensive network of partners. We are particularly interested in impact investing: Impact investing generates a beneficial socialor environmental impact, as well as a financial return.

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Investment focus

  • Industry: Food Processing, Food and Beverage
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Entis — Entis is an insect food brand that makes food products that offer an alternative source of protein. Entis' snacks are insect and vegetable protein-based and can be eaten directly from a pack or incorporated into dishes, allowing consumers to get access to tasty snacks that help them achieve daily nutritional goals.
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General Catalyst
VC Fund · Cambridge, Massachusetts, United States · 1 investments in Finland Food and Beverage startups, 67 in the past 12 months

Investing in powerful, positive change that endures

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Investment focus

  • Industry: Software, Health Care, Internet
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 883
  • Round size: Seed $1M–$7.5M; Series A $5M–$30M; Series B $9M–$80M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $600M in 2021

Portfolio highlights

  • Evvy — Evvy is for people with vaginas who want to be empowered with information about their microbiome. Their mission is to close the gender health gap by discovering and leveraging overlooked biomarkers in the female body — starting with the vaginal microbiome.
  • QuriousBit — QuriousBit is a gaming studio that develops casual puzzle games for mobile platforms.
  • Cartwheel — Cartwheel provides multi-tiered, evidenced-based mental health support from licensed clinicians, designed around your entire school community.
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Nicoya
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Finland Food and Beverage startups

Nicoya is a business-accelerating investment company focusing on foodtech.

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Investment focus

  • Industry: Food and Beverage, Grocery, Leisure
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Sweden, Finland

Investor stats

  • Total investments: 6
  • Round size: Seed $6.1M–$14M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Foodiq — Foodiq is a one-of-a-kind food manufacturer that can both develop and manufacture plant-based products.
  • Kavall — Kavall is a grocery delivery startup.
  • JULIENNE BRUNO — Julienne Bruno made with naturally plant-based ingredients like fermented legumes & slow roasted vegetables.
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Dan Bragiel
Angel · San Francisco, California, United States · 1 investments in Finland Food and Beverage startups

Dan Bragiel has co-founded 2 companies and has been involved in startups for the past 10 years. He began with mobile gaming at Paragon 5 focusing on running the offices in Poland, Netherlands and Argentina. He then co-founded the startup Meetro, a pioneer in the location/mobile space. He then went on to start Lefora that was sold in 2010.

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Investment focus

  • Industry: Software, Logistics, Mobile
  • Stage:Seed, Series A, Series C
  • Geography: United States, Finland, Latvia

Investor stats

  • Total investments: 9
  • Round size: Seed $600k–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Enevo — Enevo works with its customers to transform the financial, environmental and social impact of waste. Founded in 2010, Enevo began providing waste data from dumpster sensors using its proprietary analytics software. Enevo now provides full management of waste and recycling services for restaurant, retail and commercial property customers throughoutNorth America. It provides the first predictive end-to-end solution that automates the whole planning and operations of waste and recycling logistics.Enevo has raised more than $34M in private equity funding to date and continues to invest in technology and new processes to deliver the peace of mind its customers need.
  • Jerry — Jerry is an AI, ML, and bot-powered car ownership app that saves customers time and money on car expenses. With its first product, Jerry redesigned and disrupted the century-old car insurance process, turning stacks of pages and hours of calls into a handful of clicks. The company was founded in 2017 and is based in Palo Alto, California.
  • Drip Capital — Drip Capital offers trade financing product targeted towards SMEs in developing markets. Its automated risk assessment model allows rapidly growing SMEs quick and easy access to finance. With a focus on technology, Drip aims to eliminate the hassle of paperwork and bureaucracy and create a seamless borrowing experience for its clients.The companyconsists of a team of financial consultants, engineers and analysts from Wharton, Stanford, and IITs with years of experience at Standard Chartered, Black Rock and Yahoo. They are backed by leading Silicon Valley investors - Y Combinator and StartX. They are always eager to connect with sharp minds to grow within their quest to becoming the future of global trade finance.Drip Capital was founded in 2015 and is headquartered in Palo Alto, California.
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Sebastian Östman
Angel · Espoo, Southern Finland, Finland · 1 investments in Finland Food and Beverage startups

Sebastian Östman is an Angel Investor.

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Investment focus

  • Industry: Wellness, Nutrition, Personal Health
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Taimi.love — Taimi manufactures optimized nutrients for a balanced life.
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Rasmus Östman
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Food and Beverage startups

Rasmus Östman is an Angel Investor.

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Investment focus

  • Industry: Wellness, Nutrition, Personal Health
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Taimi.love — Taimi manufactures optimized nutrients for a balanced life.
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Julia Jouhki
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Food and Beverage startups

Julia Jouhki is an Angel Investor.

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Investment focus

  • Industry: Wellness, Nutrition, Personal Health
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Taimi.love — Taimi manufactures optimized nutrients for a balanced life.
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Stockholm Techstars Accelerator
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Finland Food and Beverage startups

The Stockholm Techstars Accelerator invests in early-stage, high-growth companies looking to build and expand in the Nordic-Baltic startup ecosystem.

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Investment focus

  • Industry: Pet, FinTech, Finance
  • Stage:Pre-Seed
  • Geography: Israel, Norway, Sweden

Investor stats

  • Total investments: 7
  • Round size: Pre-Seed $120k–$120k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • goscore — Fair human credit scoring, credit check, and assessment for you
  • Terrawaste — TerraWaste is a next-generation chemical recycling company that turns non-recyclable waste into value by creating new, climate-positive materials with a pollution-free process. TerraWaste focuses on lowering the level of need for virgin oil extraction by recycling plastics with chemical recycling technology 'htloop' into high-qualityclimate-positive crude oil, biochar, and high-value chemicals to support companies globally to become more sustainable and circular. Our technology (htloop) is developed on a process developed in the laboratory for over 20 years and hasn’t been commercialized until recently. TerraWaste is the first company to use HTL to recycle plastic waste and turn it into new plastic products. The unique thing is the state-of-the-art technological system that will recycle waste in a continuous-flow system, at the same time reusing heat and water in a loop, that way dramatically decreasing energy consumption. Our process is pollution free, and we produce carbon-negative output materials, that way offsetting other, carbon-heavy industries.
  • Five Letter Foods — Real food for dogs. Ultra-processed junk food is boring and makes your dog sick. Our meal kits have a full swing of variety. Death to kibble.
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Insta Ventures
VC Fund · Limassol, Limassol, Cyprus · 1 investments in Finland Food and Beverage startups

Insta Ventures is a venture capital firm that has been investing in different IT technology sectors since 2019. Currently, we are looking for tech startups that are in the early stages of development of their products. Our investment team consists of experienced professionals with solid backgrounds in the IT sphere. Our goal is to help ambitiousteams create innovative products, spread them globally, and maintain fast-growing companies.Typically, we invest $100K-500K during a growing stage of a company's lifecycle (seed / late seed / pre-round A), and then help to develop its marketing and sales, as well as prepare the company for the next investment phase.We appreciate co-investments. Let's invest together!

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Investment focus

  • Industry: E-Commerce, Food and Beverage, Grocery
  • Stage:Seed, Pre-Seed
  • Geography: United States, Estonia, France

Investor stats

  • Total investments: 11
  • Round size: Seed $500k–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bairro — Produtos em minutos
  • Conduit.app — No-code data analytics for Digital Marketeers in DTC/ E-commerce/ SaaS businesses
  • Pop Market — Pop Market delivers thousands of grocery and convenience products in less than 15 minutes.The company operates a vertically-integrated model, sourcing products directly from suppliers and distributing them from its own network of delivery-only "dark stores”. By having more control of its supply chain, it has the ability to limit food wasteand offer ultra-fast delivery times. Pop Market is backed by leading global investors and its team brings together deep industry experience.
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Christian Jantzen
Angel · London, England, United Kingdom · 1 investments in Finland Food and Beverage startups

Danish angel investor, based in London.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Denmark, Sweden, Finland

Investor stats

  • Total investments: 27
  • Round size: Seed $500k–$3.5M; Pre-Seed $250k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Medusa — For developers who must customize e-commerce setups, Medusa is a new digital commerce engine that provides extensibility and customizability with low developer effort. Unlike Shopify, BigCommerce and others, we offer an open, modular architecture that removes the need for hacky workarounds and secures maintainability and speed.
  • Heyhack — Automated web application security testing, protection, and reporting for software-as-a-service businesses.
  • Fullview — Fullview let's you instantly monitor, control and analyze user sessions for faster real time customer support. No downloads. Easy to integrate.
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Stefan Lindberg
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Food and Beverage startups

Stefan Lindberg is co-owner of YSUB.

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Investment focus

  • Industry: Wellness, Fitness, Software
  • Stage:Seed, Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Round size: Seed $296k–$430k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YSUB — YSUB produces a beverage containing hemp - lemonade with a hint of hemp seeds, soothing botanicals, and some vitamins. It also has CBD beverage, but cannot sell due to regulations in Finland and other Nordic countries and is trying to create a campaign to create awareness.
  • Taimi.love — Taimi manufactures optimized nutrients for a balanced life.
  • StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
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Hercculia
VC Fund · 1 investments in Finland Food and Beverage startups

Hercculia

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Investment focus

  • Industry: Food Processing, Food and Beverage
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Entis — Entis is an insect food brand that makes food products that offer an alternative source of protein. Entis' snacks are insect and vegetable protein-based and can be eaten directly from a pack or incorporated into dishes, allowing consumers to get access to tasty snacks that help them achieve daily nutritional goals.
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Ananda Impact Ventures
VC Fund · Munich, Bayern, Germany · 1 investments in Finland Food and Beverage startups

We are the home for entrepreneurs with a big vision who want to create something less ordinary. Something that matters. For all of us.

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Investment focus

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

Investor stats

  • Total investments: 44
  • Round size: Series A $3.1M–$16M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $116M in 2022

Portfolio highlights

  • EcoG — EcoG connects and enables monetizing charging infrastructure with an API-software platform. EcoG is the first cloud-based platform to enable shared revenue streams and value-added services in fast charging. With EcoG a personalized and customized EV fast charging experience is easy to implement and operate.
  • Klim — Klim enables farmers to transition to regenerative agriculture at scale by providing them financial support, knowledge, documentation tools, and a community via our digital companion for farmers.Klim-verified carbon removal credits, generated by Klim farmers, help companies to transition to net zero by offsetting their carbon emissions locallyand with maximum impact and transparency.
  • OroraTech — OroraTech provides global real-time information services. The first target market is early detection and monitoring of wildfires, extended by a proprietary constellation of thermal imaging nanosatellites equipped with in-space AI image processing. At the beginning of 2020, OroraTech launched an MVP called Wildfire Service (WFS) that enables quickdetection and monitoring of wildfires on a global scale. The combination of existing thermal-infrared satellite data with external data layers, such as fuel, wind, and risk maps results in an automatic generation of fire alerts and the display of current fire perimeters for users. The MVP was launched in early 2020 and has gained increasing traction with governmental and large corporate customers all over the world.
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Juha-Petteri Kukkonen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Food and Beverage startups

Juha-Petteri Kukkonen runs family office KVKI Capital, which helps food & beverage startups and growth companies with their world-shaping ideas. He has founded the digital agency Piraija Interactive and a mobile app company, CreateTrips. He also have a strong background in advertising and PR and have worked for agencies like SEK & Grey,Satama Interactive, Mindshare Worldwide, and Valve.

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Investment focus

  • Industry: News, Internet, Wellness
  • Stage:Seed, Convertible Note
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Round size: Seed $296k–$430k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YSUB — YSUB produces a beverage containing hemp - lemonade with a hint of hemp seeds, soothing botanicals, and some vitamins. It also has CBD beverage, but cannot sell due to regulations in Finland and other Nordic countries and is trying to create a campaign to create awareness.
  • Taimi.love — Taimi manufactures optimized nutrients for a balanced life.
  • ArcticStartup — ArcticStartup is helping to build communities with uncapped opportunities through media, events, PR and consulting since 2007.Launched in 2007 by Antti Vilpponen and Miikka Kukkosuo as founding writers and getting out two-three articles a week, ArcticStartup quickly started gaining traction. In 2008 Ville Vesterinen and Karri Saarinen joinedthe founding team and ArcticStartup launched its own that were at first held in a small bar of Dubrovnik in Helsinki. Both the media and events started going international in 2009, expanding to the neighbouring Nordics & Baltics. This growth continued until 2012, when the company nearly shut-down as the founders wanted to move-on to other projects. At that point Dmitri Sarle and Greg Anderson took over the company and re-founded ArcticStartup with Jan Ameri joining very shortly.
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Turret Oy
VC Fund · 1 investments in Finland Food and Beverage startups

Turret Oy is an investment vehicle controlled by Paul Ehrnrooth

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Investment focus

  • Industry: Farming, Seafood, Food and Beverage
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • FIFAX — Fifax Ab's business idea is to cultivate a first-class rainbow trout with a modern, innovative and environmentally friendly method. To this end, Fifax has built a fish farm for a dry land using the Circulating Technique (RAS). The plant is located in Eckerö, Storby, on the western Åland.Fifax Ab's goal is to produce the best, domestic,good quality and fresh rainbow trout.
  • Voltan Energy — Voltan Energy is a sustainable and affordable local heating and cooling solutions.
  • Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
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Niklas Zennström
Angel · London, England, United Kingdom · 1 investments in Finland Food and Beverage startups

Niklas Zennström is CEO and Founding Partner at Atomico. He works daily with founders and sits on the boards of Farmdrop, Lilium, Pipedrive, Oden Technologies and Varjo. Niklas is an experienced technology investor and entrepreneur, having previously co-founded and managed globally successful technology companies including Skype, Kazaa andJoltid. Niklas founded Atomico in 2006. He is passionate about partnering about founders solving big challenges facing their planet with digital technology.In 2007, he co-founded Zennström Philanthropies with his wife, Catherine. They focus their efforts in two areas: human rights and the environment. Niklas also founded the Race for the Baltic, a foundation for a well-managed and sustainable Baltic Sea, one of the most threatened major bodies of water in the world.Niklas is a keen yachtsman and has won four World Championships with his yacht racing team, Rán.Niklas holds dual degrees in Business and MSc Engineering Physics/Computer Science from Uppsala University in Sweden, and he spent his final year at the University of Michigan.

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Investment focus

  • Industry: Software, Internet, Apps
  • Stage:Series A, Seed, Series B
  • Geography: United Kingdom, Sweden, Finland

Investor stats

  • Total investments: 30
  • Round size: Series A $5M–$13M; Series B $12M–$45M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Isometric — Isometric is a carbon removal registry and science platform
  • Neoplants — The first generation of bioengineered to fight air pollution. We call them neoplants.
  • Lilium — Lilium is developing sustainable, high-speed air mobility through its electric vertical take-off and landing aircraft, vertiports and digital service.
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Peter Carlsson
Angel · Palo Alto, California, United States · 1 investments in Finland Food and Beverage startups

Peter joined Tesla from NXP Semiconductors where he was responsible for purchasing and outsourcing. As CPO, he took the purchase organization from a tactical decentralized structure to a strategic global commodity organization. Before starting at NXP, Peter was CPO at Sony Ericsson. Peter had a total of 13 years experience from different roles withEricsson and Sony Ericsson in Sweden and the US. He led the team that built and implemented Ericsson's framework for Supplier Quality Assurance. Peter has a Master's degree with specialization in Production and Quality Control from Luleå Technical University in Sweden. In his spare time he enjoys running, mountain biking, golf, cooking and travel.

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Investment focus

  • Industry: Information Technology, Food and Beverage, AgTech
  • Stage:Seed, Angel
  • Geography: Sweden, Finland, Germany

Investor stats

  • Total investments: 12
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • X Shore — In the evolution of an industry that has remained steadfast in its traditions, for better or for worse. With new technology and innovative research, smart design and sustainable materials, X Shore embraces the long tradition of maritime craftsmanship while discarding the dirty institution of fossil fuels. They don’t see theirselves as disrupters.They’re not here to reinvent the wheel, but rather to right the ship. To set a course for long-term sustainability that they can all be proud of.
  • Turnpike — Turnpike provides a complete platform for wearable communication and workflow management. It empowers front-of-house employees in retail stores and hotels by delivering prioritized communication directly to their wrists via smartwatches. Its manager's portal is accessible from any browser-capable device, employee smartwatches, and optionalinput devices that enable employees and customers to request immediate assistance.
  • Orbital Systems — Save up to 90% water and up to 80% energy with our smart recirculating shower - a much better shower experience for both you and our planet
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FV Group Holding AB
VC Fund · 1 investments in Finland Food and Beverage startups

FV Group Holding AB is owned by Swedish Rolf Karlsson, the man behind the national taxi organization Fågelviks Group.

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Investment focus

  • Industry: Farming, Seafood, Food and Beverage
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • FIFAX — Fifax Ab's business idea is to cultivate a first-class rainbow trout with a modern, innovative and environmentally friendly method. To this end, Fifax has built a fish farm for a dry land using the Circulating Technique (RAS). The plant is located in Eckerö, Storby, on the western Åland.Fifax Ab's goal is to produce the best, domestic,good quality and fresh rainbow trout.
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Aura Pääomasijoitus
VC Fund · 1 investments in Finland Food and Beverage startups

Aura Pääomasijoitus

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Investment focus

  • Industry: Food Processing, Food and Beverage
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Entis — Entis is an insect food brand that makes food products that offer an alternative source of protein. Entis' snacks are insect and vegetable protein-based and can be eaten directly from a pack or incorporated into dishes, allowing consumers to get access to tasty snacks that help them achieve daily nutritional goals.
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Loudspring
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Food and Beverage startups

Loudspring is a cleantech accelerator in the Nordic region, boasting several fast growing and high impact companies that solve global challenges. The portfolio companies are active in energy- and resource efficiency as well as decentralized renewable energy and are based in Finland, Sweden and Germany. The company management consists of companybuilders and investors who have been active within the cleantech space for over a decade.The company is listed on First North Finland under the ticker LOUD and on First North Stockholm under the ticker LOUDS.

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Investment focus

  • Industry: SaaS, Smart Building, Property Management
  • Stage:Series A, Seed, Grant
  • Geography: Finland, United States

Investor stats

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

Portfolio highlights

  • Nuuka — Nuuka is a building SW scaleup from Finland. Nuuka specialises in diagnosing and optimising HVAC, energy systems, and indoor climate. The SaaS is optimal for large building portfolios, of new and old public and commercial buidlings, as it can be used with any BMS and HVAC system, IAQ sensor or energy meter. Nuuka improves indoor climate, energyefficiency, reduces operational cost and improves sustainability for real estate owners, developers, retail chains and whole cities. We use SW, AI and ML to transform and industry, and save the world one building at the time.
  • Swap.com — Swap is an online consignment and thrift store shop high-quality secondhand clothes. Shop the best brands at up to 90% off.
  • ResQ Club — ResQ Club is a Finnish company connecting sustainable restaurants, cafes, and grocery stores with consumers that appreciate eating affordable quality food. ResQ partners can drastically reduce their food waste with their proprietary location-based mobile and web service, as it enables consumers to find and rescue surplus food in their proximity.Every meal purchased via ResQ is one less meal thrown away, helping their urban communities to waste less and be more sustainable.They are on a mission to reduce food waste to zero at restaurants, cafes, and grocery stores. It's estimated that 10% of the already produced food in restaurants ends up in the trash instead of hungry mouths. On a global scale, this equals 11 million tons of food wasted every year.
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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 1 investments in Finland Food and Beverage 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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Courage Ventures Management
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Food and Beverage startups

Courage Ventures is a seed investment fund with global networks. The fund focuses on health, education and environment verticals where its partners and advisors can add significant value to the companies’ growth.

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Investment focus

  • Industry: Health Care, Apps, Online Games
  • Stage:Seed, Pre-Seed
  • Geography: Finland, United States

Investor stats

  • Total investments: 8
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • #Rens — RENS Original is the World's First Sneaker made from recycled coffee and plastic. We know you've been drinking it, now it is time to wear it.
  • Equally — Build engaging games for kids that encourage physical activity, personal development and exploration. Provide parents the data and oversight they need to reward positive behavior.
  • Meru Health — Meru Health is an online mental health provider that helps people improve their mental health long-term by treating depression, anxiety, and burnout.
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Nordic Foodtech VC
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Food and Beverage startups, 6 in the past 12 months

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

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Investment focus

  • Industry: Biotechnology, Seafood, Life Science
  • Stage:Seed, Series A
  • Geography: Finland, Denmark, Sweden

Investor stats

  • Total investments: 18
  • Round size: Seed $321k–$4.3M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • ÄIO — Innovative food technologies to replace palm oil, coconut oil and animal fats with sustainable and healthier alternatives.
  • eniferBio — Enifer Bio is an expert at squeezing every last drop of value from biorefining operations. The solution is built on decades of Finnish expertise to allow the production of valuable protein-rich feed from streams previously considered worthless. The company has developed a new, sustainable production process for high-quality fish feed raw material.The company's method enables the efficient production of a single cell protein from fish by-products as a raw material for fish feed. The protein can replace soy, which is commonly used in fish feed and whose cultivation poses ecological challenges, such as deforestation in South America.
  • Chromologics — Chromologics produce natural sustainable colors. Our flagship product is ChromoRed which performs better than existing natural, red colorants. ChromoRed is also applicable with vegan, kosher and halal diets.
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Tesi
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Food and Beverage 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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Mikael Hed
Angel · Greater Los Angeles Area, California, United States · 1 investments in Finland Food and Beverage startups

Investor, Executive Chairman at Kaiken Entertainment Ltd.

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Investment focus

  • Industry: E-Commerce, Consumer Electronics, Hardware
  • Stage:Seed, Angel, Series B
  • Geography: Finland, Lithuania

Investor stats

  • Total investments: 8
  • Round size: Seed $1M–$2.1M; Angel $1.1M–$1.6M; Series B $9.5M–$9.5M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
  • CGTrader — Join the fastest-growing 3D model marketplace today!
  • Loupedeck — Loupedeck custom consoles offer analog control with digital precision for effortless creative workflow. Shop now with free shipping!
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Food and Beverage Investor funding in Finland at a glance

Stats across 27 deals from 43 investors.

43
investors
in Finland Food and Beverage startups
27
deals
in Finland Food and Beverage startups
$964k
median round
in Finland Food and Beverage startups
21%
lead investors
lead at least one round
37%
Seed
most common funding stage
84/16
VC / Angel
share of investor count

Access all 43 investors in Finland Food and Beverage startups.

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