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

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Lifeline Ventures | 26 | Finland, United States, United Kingdom | Seed, Series A | Software, Health Care, E-Commerce |
| Butterfly Ventures | 21 | Finland, Sweden, Norway | Seed, Pre-Seed | Health Care, Software, Information Technology |
| Tesi | 21 | Finland, United States, Argentina | Series A, Series B | Software, Manufacturing, Health Care |
| Inventure | 21 | Finland, Sweden, Denmark | Seed, Series A | Software, Information Technology, Health Care |
| Finnvera Venture Capital | 18 | Finland, United States, Switzerland | Seed, Series A | Software, Health Care, Information Technology |
| Business Finland | 15 | Finland, United States, United Kingdom | Seed, Grant | Software, Information Technology, SaaS |
| VTT Ventures | 9 | Finland | Seed, Series A | Manufacturing, Biotechnology, 3D Technology |
| Superhero Capital | 9 | Finland, Estonia, Lithuania | Seed, Pre-Seed, Series A | Software, Information Technology, Internet |
| Maki.vc | 8 | Finland, Germany, United Kingdom | Seed, Series A | Software, SaaS, E-Commerce |
| Sisu Game Ventures | 8 | Finland, United States, Iceland | Seed, Series A | Gaming, Video Games, Virtual Reality |
| Innovestor | 8 | Finland, Denmark, Sweden | Seed, Series A | Software, Health Care, Manufacturing |
| Reaktor Ventures | 7 | Finland, Germany, United States | Seed, Pre-Seed, Series A | Software, Internet, Health Care |
| Icebreaker.vc | 6 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence |
| First Fellow Partners | 5 | Finland, United States, Estonia | Seed, Series A | Software, SaaS, Enterprise Software |
| Visionplus | 5 | Finland, United States, United Kingdom | Seed, Series A | Software, Information Technology, Internet |
| Conor Venture Partners | 5 | Finland, United States, Sweden | Series A, Series B, Seed | Software, Analytics, Semiconductor |
| Nordic Option | 4 | Finland | Seed, Series C | Software, Manufacturing, 3D Technology |
| OpenOcean | 4 | Finland, United States, United Kingdom | Series A, Series B, Seed | Software, Information Technology, Enterprise Software |
| Vito Ventures | 4 | Germany, Finland, United States | Series A, Seed | Software, Information Technology, Internet of Things |
| Voima Ventures | 4 | Finland, Norway, Sweden | Seed, Pre-Seed | Biotechnology, Health Care, Software |
| VNT Management | 4 | Finland, Germany | Series B, Seed | Manufacturing, Electronics, Information Technology |
| Supercell | 3 | United States, Finland, Sweden | Seed, Corporate Round | Gaming, Video Games, PC Games |
| Wave Ventures | 3 | Finland, Sweden, Germany | Seed, Pre-Seed | Software, Mobile Apps, Internet |
| Presence Capital | 2 | United States, Finland, Japan | Seed, Series A, Series B | Virtual Reality, Augmented Reality, Software |
| Harwick Overseas | 2 | Finland | Seed | Fashion, E-Commerce, Marketplace |
| Vsquared Ventures | 2 | Germany, United States, Spain | Seed, Series A, Series C | Artificial Intelligence, Software, Manufacturing |
| Redstone | 2 | Germany, Switzerland, Finland | Series A, Seed | Software, FinTech, E-Commerce |
| FOV Ventures | 2 | Finland, United Kingdom, Germany | Pre-Seed, Seed, Series A | SaaS, Software, Artificial Intelligence |
| Bragiel Brothers | 2 | United States, Finland, Japan | Seed, Series A, Pre-Seed | Software, FinTech, Information Technology |
| CapMan | 2 | Finland, Russian Federation, Sweden | Private Equity, Series B | Software, Information Technology, Manufacturing |
| Innovations Kapital | 2 | Sweden, Denmark, United States | Series B, Series C | Biotechnology, Health Care, Software |
| True Ventures | 2 | United States, United Kingdom, Canada | Series A, Seed, Series B | Software, Information Technology, Internet |
| ETF Partners | 2 | United Kingdom, France, Norway | Series B, Series A | Software, Renewable Energy, Information Technology |
| PROfounders Capital | 2 | United Kingdom, United States, Finland | Seed, Series A, Series B | Software, Apps, Travel |
| Centre for Economic Development, Transport and the Environment | 2 | Finland | Grant | SaaS, FinTech, Lighting |
| Aura Group | 2 | Australia, Finland | Series A, Seed | iOS, Blockchain, Information Technology |
| Vendep Capital | 2 | Finland, United States, Canada | Seed, Series A | SaaS, Software, Analytics |
| Summit Partners | 2 | United States, Germany, Canada | Private Equity, Series B | Software, Information Technology, Health Care |
| Brighteye Ventures | 2 | United Kingdom, France, Spain | Seed, Series A, Pre-Seed | Education, E-Learning, Software |
| Dawn Capital | 2 | United Kingdom, United States, Israel | Series A, Series B, Series C | Software, SaaS, Information Technology |
| Salvia GmbH | 2 | Germany, Finland | Series B, Seed, Series A | Music, Product Design, Business Intelligence |
| The Venture Reality Fund/VRF | 2 | United States, Finland, Australia | Seed, Series A, Series B | Virtual Reality, Software, Augmented Reality |
| Leaguer Venture Capital | 2 | China, United States, Finland | Series A, Seed | Artificial Intelligence, Semiconductor, Robotics |
| Ventech | 2 | France, Germany, United States | Series A, Series B | Software, E-Commerce, Biotechnology |
| Jerry Pruttz Holding Ab | 2 | Finland | Seed | Video, Database, Automotive |
| Nordea | 2 | Finland, Sweden, Norway | Debt Financing, Seed | FinTech, Financial Services, Banking |
| Initial Capital | 2 | United Kingdom, United States, Finland | Seed, Series A | Gaming, Mobile, Software |
| Faurecia | 2 | France, United States, Finland | Series A, Corporate Round | Automotive, Software, Electronics |
| Sixgen | 1 | Finland | Seed | Apps, Mobile, Computer |
| Seed Fund Vera Ltd | 1 | Finland | Seed | Electronics, Enterprise Software, Consumer Electronics |

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