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

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Business Finland | 29 | Finland, United States, United Kingdom | Seed, Grant | Software, Information Technology, SaaS |
| Visionplus | 19 | Finland, United States, United Kingdom | Seed, Series A | Software, Information Technology, Internet |
| Superhero Capital | 17 | Finland, Estonia, Lithuania | Seed, Pre-Seed, Series A | Software, Information Technology, Internet |
| Reaktor Ventures | 16 | Finland, Germany, United States | Seed, Pre-Seed, Series A | Software, Internet, Health Care |
| Icebreaker.vc | 12 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Tesi | 11 | Finland, United States, Argentina | Series A, Series B | Software, Manufacturing, Health Care |
| Inventure | 11 | Finland, Sweden, Denmark | Seed, Series A | Software, Information Technology, Health Care |
| Finnvera Venture Capital | 10 | Finland, United States, Switzerland | Seed, Series A | Software, Health Care, Information Technology |
| Vendep Capital | 10 | Finland, United States, Canada | Seed, Series A | SaaS, Software, Analytics |
| OpenOcean | 10 | Finland, United States, United Kingdom | Series A, Series B, Seed | Software, Information Technology, Enterprise Software |
| Lifeline Ventures | 9 | Finland, United States, United Kingdom | Seed, Series A | Software, Health Care, E-Commerce |
| Innovestor | 8 | Finland, Denmark, Sweden | Seed, Series A | Software, Health Care, Manufacturing |
| Maki.vc | 6 | Finland, Germany, United Kingdom | Seed, Series A | Software, SaaS, E-Commerce |
| Butterfly Ventures | 6 | Finland, Sweden, Norway | Seed, Pre-Seed | Health Care, Software, Information Technology |
| Conor Venture Partners | 5 | Finland, United States, Sweden | Series A, Series B, Seed | Software, Analytics, Semiconductor |
| Gorilla Capital | 5 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, SaaS |
| Wave Ventures | 4 | Finland, Sweden, Germany | Seed, Pre-Seed | Software, Mobile Apps, Internet |
| VTT Ventures | 4 | Finland | Seed, Series A | Manufacturing, Biotechnology, 3D Technology |
| Initial Capital | 4 | United Kingdom, United States, Finland | Seed, Series A | Gaming, Mobile, Software |
| SanomaVentures | 3 | Finland, The Netherlands | Seed, Series A | Internet, SEO, Finance |
| Karma Ventures | 3 | Estonia, Sweden, Finland | Series A, Seed, Series B | Software, Artificial Intelligence, Information Technology |
| Nordea | 3 | Finland, Sweden, Norway | Debt Financing, Seed | FinTech, Financial Services, Banking |
| First Fellow Partners | 3 | Finland, United States, Estonia | Seed, Series A | Software, SaaS, Enterprise Software |
| Trind Ventures | 3 | Estonia, Finland, Latvia | Seed, Series A | Software, Information Technology, Analytics |
| Xiaomi | 3 | China, India, United Kingdom | Series A, Series B, Series C | Manufacturing, Software, Hardware |
| Sisu Game Ventures | 3 | Finland, United States, Iceland | Seed, Series A | Gaming, Video Games, Virtual Reality |
| 5Y Capital | 3 | China, United States, India | Series A, Series B, Series C | Artificial Intelligence, Software, Biotechnology |
| Leaguer Venture Capital | 2 | China, United States, Finland | Series A, Seed | Artificial Intelligence, Semiconductor, Robotics |
| HOWZAT Partners | 2 | United Kingdom, Germany, United States | Seed, Series A | Travel, E-Commerce, SaaS |
| Digital Future | 2 | United States, Canada, Israel | Seed, Pre-Seed, Series B | SaaS, Software, Advertising |
| Evli Growth Partners | 2 | Finland, Germany, Poland | Series B, Series A, Series C | E-Commerce, Marketplace, EdTech |
| Baidu | 2 | China, United States, Israel | Series A, Series B, Series C | Internet, Software, Manufacturing |
| Wellington Partners | 2 | Germany, United States, United Kingdom | Series A, Series B | Health Care, Biotechnology, Medical |
| OP Corporate Bank | 2 | Finland | Seed, Series A | Software, Hardware, Internet |
| DN Capital | 2 | United States, Germany, United Kingdom | Series A, Series B, Seed | Software, E-Commerce, SaaS |
| Mobility Ventures | 2 | Spain, Finland, United States | Seed, Angel, Series C | Mobile, Apps, Retail |
| Centre for Economic Development, Transport and the Environment | 2 | Finland | Grant | SaaS, FinTech, Lighting |
| Northzone | 2 | United States, Sweden, United Kingdom | Series A, Series B, Seed | Software, E-Commerce, Information Technology |
| BAI capital | 2 | China, United States, Hong Kong | Series A, Series B, Series C | Internet, Software, Financial Services |
| Vito Ventures | 2 | Germany, Finland, United States | Series A, Seed | Software, Information Technology, Internet of Things |
| Voland Partners | 1 | Finland | Series A | UX Design, Architecture, Cloud Management |
| Taaleri | 1 | Finland, Kenya | Seed, Pre-Seed | Financial Services, FinTech, Lending |
| dao5 | 1 |  |  |  |
| KoppiCatch | 1 |  |  |  |
| Imprimatur Capital Fund Management | 1 | Latvia, Finland, United Kingdom | Seed, Series A | Software, Music, Biotechnology |
| Zenith Venture Capital | 1 | Sweden, Denmark, Finland | Seed, Series A | Software, Sports, Apps |
| Korea Development Bank | 1 | South Korea, China, India | Series A, Series B, Series C | Software, Artificial Intelligence, Machine Learning |
| KSVFinland | 1 | Finland | Seed | Electronics, Cloud Computing |
| SCB 10X | 1 | United States, Thailand, Singapore | Series B, Series A, Seed | FinTech, Financial Services, Cryptocurrency |
| Husqvarna | 1 | United States, Finland, Luxembourg | Seed, Series C | Internet of Things, Apps, SaaS |

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