# Top 50 Internet VC (Venture Capital) Funds in Finland in May 2026 ## Business Finland - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 29 - 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. ## Visionplus - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 19 - Stages: Seed, Series A - Focus: Software, Information Technology, Internet WE HELP YOU TO GROW FASTER! ## Superhero Capital - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 17 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Internet Early-stage VC searching for the next Superheroes. ## Reaktor Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 16 - 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. ## Icebreaker.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 12 - 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. ## Tesi - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 11 - 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 ## Inventure - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 11 - 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. ## Finnvera Venture Capital - Type: VC Fund - Location: Kuopio, Eastern Finland, Finland - Relevant deals: 10 - 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. ## Vendep Capital - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 10 - Stages: Seed, Series A - Focus: SaaS, Software, Analytics B2B SaaS specialist VC operating in the Nordics and Baltics. We invest in the best early-stage software entrepreneurs. ## OpenOcean - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 10 - 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. ## Lifeline Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 9 - 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. ## 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: 6 - 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. ## Butterfly Ventures - Type: VC Fund - Location: Oulu, Oulu, Finland - Relevant deals: 6 - 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. ## Conor Venture Partners - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 5 - 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. ## Gorilla Capital - Type: VC Fund - Relevant deals: 5 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Information Technology, SaaS Gorilla Capital is a Finnish venture capital fund investing in early stage companies that apply technology to solve real business problems of today. ## Wave Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 4 - 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. ## VTT Ventures - Type: VC Fund - Location: Espoo, Southern Finland, Finland - Relevant deals: 4 - 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? ## Initial Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 4 - Stages: Seed, Series A - Focus: Gaming, Mobile, Software Initial Capital is an investor in seed and early-stage technology companies with a focus on games, consumer services & technology enablers. ## SanomaVentures - Type: VC Fund - Location: Hoofddorp, Noord-Holland, The Netherlands - Relevant deals: 3 - Stages: Seed, Series A - Focus: Internet, SEO, Finance SanomaVentures is the venturing arm of European media company Sanoma Corporation (SAA1V), aiming to support innovative start-ups in digital information, entertainment and education by providing them with capital, media exposure, expertise and access to Sanoma’s business network.SanomaVentures focuses on early stage investments in start-ups activein online consumer services, e-commerce, mobile, video, online advertising and education. SanomaVentures has offices in Amsterdam and Helsinki. ## Karma Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, Information Technology karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe. ## Nordea - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - 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. ## 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. ## Trind Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Information Technology, Analytics Trind Ventures is an early stage VC fund based in Tallinn, Estonia. Investing in start-ups across Europe, from seed rounds all the way to sustainability, with a focus on ICT. Trind Ventures partners are Joel Aasmäe, Ivar Siimar, Kimmo Irpola and Taavi Lepmets. ## Xiaomi - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 3 - Stages: Series A, Series B, Series C - Focus: Manufacturing, Software, Hardware Play to win vouchers and get up to 50% discounts! ## Sisu Game Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - Stages: Seed, Series A - Focus: Gaming, Video Games, Virtual Reality Sisu Game Ventures is an early-stage venture capital fund focused 100% on games. We set up shop in 2014 to support the most promising founders in the industry. Sisu has deep roots in the Nordic region, but our network of founders is fully global.The Sisu team consists of Samuli, Paul, Erik, Kalle, Moaffak, Kadri, and Jere - all of whom haveextensive backgrounds in the game industry and startup circles, both as entrepreneurs and investors. We've founded and built sixteen game companies since the early 90s and had several successful exits. Apart from funding companies, the team uses their expertise to act as a studio builder. Individual founders are supported in building their team, honing their product strategy and in gathering the right group of investors. ## 5Y Capital - Type: VC Fund - Location: Xuhui, Shanghai, China - Relevant deals: 3 - Stages: Series A, Series B, Series C - Focus: Artificial Intelligence, Software, Biotechnology 5Y Capital is a firm engaged in providing early-stage venture investments. It was formerly known as Morningside Venture Capital.The investment firm manages USD 5bn in dual-currency funds in USD and RMB, backed by world-renowned sovereign wealth funds, family offices, fund of funds, university endowments, pensions, and foundations.It washeadquartered in Xuhui, Shanghai, China in 2008 by Ken Shi and Richard Liu. ## 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. ## HOWZAT Partners - Type: VC Fund - Location: Luxembourg, Luxembourg, Luxembourg - Relevant deals: 2 - Stages: Seed, Series A - Focus: Travel, E-Commerce, SaaS Howzat Partners is a venture capital firm specializing in incubation, seed, start up, growth capital, early stage, and mid venture investments. The firm seeks to invest in digital businesses with a focus on internet, digital media, e-commerce companies. It invests globally. It acts as as sounding board. The firm also makes co-investments. HowzatPartners was founded in 2006 and is based in Luxembourg and London. ## Digital Future - Type: VC Fund - Location: Kyiv, Kyyiv, Ukraine - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series B - Focus: SaaS, Software, Advertising Digital Future is a leading Ukraine-born VC firm. We provide late seed and early stage funding to revenue-enabled companies with initial traction, scalable business model, indefatigable team and global ambition. Our portfolio includes companies from Ukraine, Europe, Israel, and United States. ## Evli Growth Partners - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Series B, Series A, Series C - Focus: E-Commerce, Marketplace, EdTech We partner with the most beautiful European startups. ## Baidu - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 2 - Stages: Series A, Series B, Series C - Focus: Internet, Software, Manufacturing Baidu is a search engine that enables individuals to obtain information and finds what they need. Baidu offers functional online search, Tieba community search, industry-based vertical search, mp3 search, portal channels, and instant messaging services. Its products include Baidu Webpage, Baidu Video, Baidu Map, hao123.com, BaiduPedia, Baidu Input,Baidu Toolbar, TTPlayer, Iqiyi, and Sky Software. ## Wellington Partners - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 2 - Stages: Series A, Series B - Focus: Health Care, Biotechnology, Medical Wellington Partners is a venture capital firm that invests in technology and life sciences companies, focusing on Digital Media, Software, Electronics & Photonics, Resource Efficiency, and Biotech/Life Sciences. It is committed to providing outstanding entrepreneurs with the necessary resources to fund their strategies. We typically leadfinancing rounds ranging from € 0.5 million to € 20 million. Depending on the maturity of the company, its own commitment can go as high as € 15 million.Wellington was established in 1998 and has offices in Munich, London, and Zurich. ## OP Corporate Bank - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Hardware, Internet OP Corporate Bank ## DN Capital - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 2 - Stages: Series A, Series B, Seed - Focus: Software, E-Commerce, SaaS DN Capital is an early-stage venture capital firm that invests primarily in Europe and North America. The firm focuses on companies that plan to establish operations on both sides of the Atlantic, and strives to help its companies build international businesses. Founded in 2000, the company has operations in London and Silicon Valley. DN Capital’sprevious funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile app), Auto1 (world's largest used car marketplace), Purplebricks (IPO London) and Quandoo (sold to Recruit). ## Mobility Ventures - Type: VC Fund - Location: Addison, Texas, United States - Relevant deals: 2 - Stages: Seed, Angel, Series C - Focus: Mobile, Apps, Retail Mobility Ventures is a venture capital firm focusing on early stage companies across the wireless ecosystem: mobile Internet, AI data sciences, digital media, m-health, commerce, software, location-based services, applications, and services. The company also provides advisory services in the areas such as corporate strategy and growth strategies,market opportunity and analysis, business development, access to financial communities, and develop and implement marketing and sales strategies.Mobility ventures was founded by Roman Kikta in 2004 and is headquartered in Addison, Texas. ## 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. ## Northzone - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Series A, Series B, Seed - Focus: Software, E-Commerce, Information Technology Northzone is a venture capital fund with a perspective shaped by lives as entrepreneurs. Since 1996, they've made over 175 investments and invest from Seed to Growth. They've partnered with the founders of Spotify, Avito, iZettle, Klarna, Hopin, and hundreds of others to build category-defining businesses. They've raised €1bn inSeptember 2022. ## BAI capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 2 - Stages: Series A, Series B, Series C - Focus: Internet, Software, Financial Services BAI Capital is a leading venture capital fund in China. Since 2008, the team of BAI Capital has invested in more than 200 portfolios, including 17+ IPOs and 40+ unicorns. BAI Capital has two main focuses: China-based global companies and China’s structural transformation. BAI Capital seeks to partner with and empower outstanding Chinese companiesand entrepreneurs that can leverage the multiplier effect of China’s technology, talent, and supply chain advantages and to expand globally in consumer retail and services, fintech, media and content innovation, Web3 and metaverse. On the other hand, at the turning point of China’s structural transformation, the fund will also seize major cross-cycle disruption opportunities in frontier and infra tech, electric vehicles and autonomous driving, and industrial upgrade driven by enterprise software development.The investor base for BAI Capital includes institutional investors such as sovereign wealth funds, large insurance companies, internet giants and fund of funds globally, as well as Bertelsmann. BAI Capital has its background from Bertelsmann Asia Investments, part of the Bertelsmann Group. ## 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. ## Voland Partners - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: UX Design, Architecture, Cloud Management Voland is a hands-on technology growth investor. A trusted partner for entrepreneurs, applying our expertise to enhance our portfolio companies. ## Taaleri - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Lending Taaleritehdas Wealth Management is helping all Finns see the advantages of ownership and find their own way to own. ## dao5 - Type: VC Fund - Relevant deals: 1 An experimental cryptocurrency investment fund that will convert into a decentralized autonomous organization. ## KoppiCatch - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 We cover mobile and web, services and technology, b-to-b and b-to-c. But, we do not invest in games.Our business is our passion: we love creating and building new services and products around BIG opportunities. As a result, KoppiCatch works with large corporations on new businesses but is also a co-founder in 5 startups. And more is coming.Grow with us - we accelerate startups and growth. KoppiCatch acceleration model brings our portfolio companies with hands-on-involvement and execution to the product development, go-to-market phase, fund raising and growth strategy. ## Imprimatur Capital Fund Management - Type: VC Fund - Location: Riga, Riga, Latvia - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Music, Biotechnology Imprimatur Capital Fund Management is a venture capital firm focusing on high-technology at an early stage in its commercial development. We invest in start-up technology businesses which are based on innovative intellectual property, are led by strong teams and have high international growth potential.Imprimatur Capital Fund Management, based inLatvia, manages seed and start-up funds with investors including the Latvian Guarantee Agency, other institutional investors and some private investors. The company source investment opportunities primarily from the Baltic/Nordic/Russia region.Imprimatur Capital Fund Management is a partner firm of Imprimatur Capital Ltd, headquartered in London and with investment operations in Europe, Russia, Asia Pacific, Latin America and the US. ## Zenith Venture Capital - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Sports, Apps Zeniths vision is to become the obvious partner for entrepreneurs and investors. We believe this will be achieved by helping entrepreneurs to build fantastic companies and thus deliver attractive return to our investors. ## Korea Development Bank - Type: VC Fund - Location: Seoul, Seoul-t'ukpyolsi, South Korea - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Artificial Intelligence, Machine Learning The Korea Development Bank (KDB) provides long-term financing for projects designed to assist Koreaâ€:tm:s economic growth and development. It offers equipment capital loans and working capital loans to Korean private enterprises that undertake major industrial projects. The bank also extends guarantees to its clients to facilitate their otherborrowings and to finance major industrial projects. KDB guarantees Won-denominated corporate debentures, local currency loans, and other Won liabilities and foreign currency loans from domestic and overseas Korean financial institutions and from foreign institutions. The bankâ€:tm:s other activities include engagement in a range of industrial development activities, including conducting economic and industrial research; performing engineering surveys; providing business analyses and managerial assistance; and offering trust services. As of June 30, 2007, KDB had 40 local branches, 6 overseas branches, and 2 overseas offices. The bank was founded in 1954 and is headquartered in Seoul, South Korea. ## 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 ## SCB 10X - Type: VC Fund - Location: Bangkok, Krung Thep, Thailand - Relevant deals: 1 - Stages: Series B, Series A, Seed - Focus: FinTech, Financial Services, Cryptocurrency SCB 10X From Experiment to Exponential Growth ## Husqvarna - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series C - Focus: Internet of Things, Apps, SaaS Who we are We make a difference to people who shape green spaces and urban environments through our leadership in user-centered and sustainable solutions. With our passion for innovation, we create products and services for customers around the world. # 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