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Top 50 Manufacturing Startup Investors in Finland (May 2026)

The most active venture capital funds and angel investors investing in Finland Manufacturing startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Manufacturing startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Tesi
VC Fund
19 Finland, United States, Argentina Series A, Series B Software, Manufacturing, Health Care $1.8M–$20M
Finnvera Venture Capital
VC Fund
11 Finland, United States, Switzerland Seed, Series A Software, Health Care, Information Technology $250k–$21M
Butterfly Ventures
VC Fund
11 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $214k–$2M
Inventure
VC Fund
10 Finland, Sweden, Denmark Seed, Series A Software, Information Technology, Health Care $482k–$12M
Lifeline Ventures
VC Fund
9 Finland, United States, United Kingdom Seed, Series A Software, Health Care, E-Commerce $429k–$20M
Business Finland
VC Fund
7 Finland, United States, United Kingdom Seed, Grant Software, Information Technology, SaaS $36k–$3.2M
Innovestor
VC Fund
6 Finland, Denmark, Sweden Seed, Series A Software, Health Care, Manufacturing $482k–$4.3M
VNT Management
VC Fund
5 Finland, Germany Series B, Seed Manufacturing, Electronics, Information Technology $3.2M–$4.3M
Ali Omar
Angel
4 Finland, United States, Estonia Seed, Pre-Seed, Angel Software, SaaS, Artificial Intelligence $54k–$2.1M
VTT Ventures
VC Fund
4 Finland Seed, Series A Manufacturing, Biotechnology, 3D Technology $460k–$1.8M
Visionplus
VC Fund
4 Finland, United States, United Kingdom Seed, Series A Software, Information Technology, Internet $75k–$1.1M
Voima Ventures
VC Fund
3 Finland, Norway, Sweden Seed, Pre-Seed Biotechnology, Health Care, Software $429k–$3.2M
Leena Niemistö
Angel
3 Finland, United States Seed, Pre-Seed Health Care, Software, E-Commerce $552k–$3M
Innovations Kapital
VC Fund
2 Sweden, Denmark, United States Series B, Series C Biotechnology, Health Care, Software $5.5M–$30M
Ventech
VC Fund
2 France, Germany, United States Series A, Series B Software, E-Commerce, Biotechnology $5M–$64M
Aura Group
VC Fund
2 Australia, Finland Series A, Seed iOS, Blockchain, Information Technology $5.4M–$13M
LähiTapiola
VC Fund
2 Finland Debt Financing Banking, FinTech, Internet $5.4M–$16M
Maki.vc
VC Fund
2 Finland, Germany, United Kingdom Seed, Series A Software, SaaS, E-Commerce $750k–$12M
Hannu Turunen
Angel
2 Finland, Sweden, United States Seed, Pre-Seed SaaS, Manufacturing, Artificial Intelligence
Taaleri
VC Fund
2 Finland, Kenya Seed, Pre-Seed Financial Services, FinTech, Lending $236k–$6.4M
Glyn Eggar
Angel
2 Finland Seed Gaming, Software, 3D Printing
Emerald Technology Ventures
VC Fund
2 United States, Germany, Canada Series B, Series A Manufacturing, Energy, Software $5.1M–$17M
CapMan
VC Fund
2 Finland, Russian Federation, Sweden Private Equity, Series B Software, Information Technology, Manufacturing $2M–$100M
Nordic Option
VC Fund
2 Finland Seed, Series C Software, Manufacturing, 3D Technology
VIA Equity
VC Fund
2 Finland, Denmark, United States Private Equity Software, Manufacturing, Film
Veli-Pekka Saarnivaara
Angel
2 Finland Seed Gaming, Software, 3D Printing
Sebastien Borget
Angel
1 United States, France, The Netherlands Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Gaming $1.5M–$60M
Renaldas Zioma
Angel
1 Finland, Ukraine, Lithuania Seed, Angel, Pre-Seed Artificial Intelligence, Manufacturing, Information Technology
Metsa Spring
VC Fund
1 Finland Seed Cosmetics, Manufacturing, Personal Health $386k–$5.4M
Norsepower Oy
VC Fund
1
Ilkka Paananen
Angel
1 Finland, United States, United Kingdom Seed, Series A, Pre-Seed Software, E-Commerce, Gaming $1.2M–$4.4M
Goldacre
VC Fund
1 Israel, United Kingdom, Spain Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $650k–$8M
FIH Mobile
VC Fund
1 United States, China, India Series B, Series A Apps, Consumer Electronics, Augmented Reality $14M–$14M
Lindström
VC Fund
1 Finland Seed Textiles, Manufacturing, Consumer Goods
EM Group
VC Fund
1 Finland Battery, Manufacturing, Product Design
Etera
VC Fund
1 Finland Robotics, Manufacturing, Internet of Things
Stephen Industries
VC Fund
1 Finland Seed Manufacturing, Wood Processing
Trung Nguyen
Angel
1 Finland, Singapore Seed, Pre-Seed Shoes, Gaming, Recycling
Leaguer Venture Capital
VC Fund
1 China, United States, Finland Series A, Seed Artificial Intelligence, Semiconductor, Robotics $1.4M–$7.7M
Building Ventures
VC Fund
1 United States, Finland Series A, Seed, Series B Software, Construction, Real Estate $1M–$20M
C2 Ventures
VC Fund
1 United States, Canada, Finland Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $120k–$18M
Übermorgen Ventures
VC Fund
1 Germany, Switzerland, Finland Seed, Pre-Seed Energy, Software, Renewable Energy $328k–$4.3M
Redbird Ventures
VC Fund
1 United States, Finland Seed, Pre-Seed Software, SaaS, Supply Chain Management $373k–$20M
Fennia Group
VC Fund
1 Finland Battery, Manufacturing, Product Design
Vesa Puttonen
Angel
1 Finland CleanTech, Advanced Materials, Packaging Services
Jukka Rannila
Angel
1 Finland CleanTech, Advanced Materials, Packaging Services
Shenzhen Lietou Fund
VC Fund
1 Finland Video, Sensor, Robotics
CMPC Ventures
VC Fund
1 Finland Seed Product Management, Paper Manufacturing
Mikko Rannila
Angel
1 Finland CleanTech, Advanced Materials, Packaging Services
Secto Design
VC Fund
1 Finland Seed Product Management, Paper Manufacturing
Access all 83 investors in Finland Manufacturing startups.

Access 48,091 investors

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

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Investor list

Tesi
VC Fund · Helsinki, Southern Finland, Finland · 19 investments in Finland Manufacturing 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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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 11 investments in Finland Manufacturing 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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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 11 investments in Finland Manufacturing 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 · 10 investments in Finland Manufacturing 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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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 9 investments in Finland Manufacturing 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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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 7 investments in Finland Manufacturing 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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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 6 investments in Finland Manufacturing 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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VNT Management
VC Fund · Vaasa, Western Finland, Finland · 5 investments in Finland Manufacturing startups

VNT Management is a venture capital management company that offers its services to investors and entrepreneurs.The company offers investors with 3 venture capital funds, all of which focus on clean technology. Furthermore, it offers an IRR of 25% and a position in the top quartile of European venture capital funds. Entrepreneurs are offered withsupply management, business idea, application, and product concept development, and technology scanning and evaluation services.VNT Management was founded in 2002 and is based in Finland.

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Investment focus

  • Industry: Manufacturing, Electronics, Information Technology
  • Stage:Series B, Seed
  • Geography: Finland, Germany

Investor stats

  • Total investments: 8
  • Round size: Series B $3.2M–$4.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Visedo — Danfoss Editron specializes in hybrid and electric powertrain systems for off-highway and marine markets.
  • WeSustain — WeSustain develops and sells web-based software for enterprise sustainability management. The company’s ESM software is a management support system that helps companies go green and manage products, processes, and technologies in an environment-friendly manner.WeSustain’s ESM software enables the clients to establish a software-supported ESMsolution, as well as manage, improve, and report their ESM performance on a global basis while mitigating sustainability risks. The company was founded in 2010 and is based in Buxtehude, Germany.
  • Cajo Technologies — Our turnkey laser marking solutions for traceability and product markings are easy to use and optimized for industrial production processes.
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Ali Omar
Angel · Helsinki, Southern Finland, Finland · 4 investments in Finland Manufacturing 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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VTT Ventures
VC Fund · Espoo, Southern Finland, Finland · 4 investments in Finland Manufacturing 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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Access 48,091 investors

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

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Visionplus
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Finland Manufacturing startups

WE HELP YOU TO GROW FASTER!

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 74
  • Round size: Seed $75k–$1.1M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Pebble — Pebble is a electric vehicle manufacturing startup.
  • Transfluent — Professional translations for all business needs. Fast. Easy.
  • BetterDoctor — BetterDoctor helps validate and deliver accurate provider data to health plans, health systems, and hundreds of other companies via its API — from startups to publicly traded ones. This ultimately helps achieve the mission of helping consumers find the healthcare they need.Today, BetterDoctor's data platform and APIs power 9 health plans,350 companies, 1,500 developers, helping millions of people find the right doctor each month. Health Plans BetterDoctor uses multi-modal outreach to drive providers to attest their information on BetterDoctor's online portal. API PartnersBetterDoctor brings transparency to doctor data. Their real-time platform, master database and API services enable everyone to add doctor data to their systems, websites and applications. Today, BetterDoctor API and data tools power health insurance companies, healthcare startups and doctor search tools. https://betterdoctor.com/developers
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Voima Ventures
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Finland Manufacturing startups, 9 in the past 12 months

Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and value adding capital. They shed light on the ideas and technology which require time and courage to build. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics,software & ICT and AI. In addition, Voima Ventures has invested in more than 30 deep tech startups, including companies like Solar Foods, Infinited Fiber Company, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and European Investment Fund (EIF), backed by Finnish private and institutional investors.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Norway, Sweden

Investor stats

  • Total investments: 31
  • Round size: Seed $750k–$3.2M; Pre-Seed $429k–$804k
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $96M in 2023

Portfolio highlights

  • ÄIO — Innovative food technologies to replace palm oil, coconut oil and animal fats with sustainable and healthier alternatives.
  • Alba Health — Discover your baby's gut health & microbiome for the best start in life.
  • Quantagonia — Advanced quantum algorithms, for your most important business problems, delivering breakthrough performance on today's high-performance computers, with seamless migration for later use on quantum computers.
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Leena Niemistö
Angel · Helsinki, Southern Finland, Finland · 3 investments in Finland Manufacturing startups

Leena Niemistö

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Investment focus

  • Industry: Health Care, Software, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Finland, United States

Investor stats

  • Total investments: 14
  • Round size: Seed $552k–$3M
  • Lead/follow: 7% lead, 93% 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.
  • Vapaus — A circular economy startup Vapaus provides sustainable mobility solutions – Employee benefit bicycles and shared electric vehicles as a ready-to-use serviceWith its services, Vapaus supports customers’ to create and strengthen a better experience of the work community, to save on the costs of commuting and business travels, and to move towardssmarter and more environmentally friendly modes of transport, both at work and in employees’ leisure time.Every kilometer traveled by the Vapaus mobility solution removes carbon dioxide from the air, helping not only the environment but also customers on their way to carbon neutrality. The mission of Vapaus is to be a global leader when it comes to sustainable Corporate Mobility.
  • Finnadvance — Finnadvance is an Organ-On-Chip company developing high throughput biological barriers on chips to mimic human biology such as vascular, lung and the Blood-Brain-Barriers for small molecule, micro-nano-formulation permeability and toxicity testing with in-vivo like dynamic cell cultures.
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Innovations Kapital
VC Fund · Göteborg, Vastra Gotaland, Sweden · 2 investments in Finland Manufacturing startups

InnovationsKapital was founded in 1994 and is a leading independent venture capital firm for innovative growth companies in the Nordic region. The business, carried out from offices in and Stockholm, Gothenburg and New York, is focused on investments within ICT and Healthcare & Life Sciences, dynamic sectors that are rapidly expanding and whereNordic research plays an important role. The capital is provided by highly reputable Swedish and international institutional investors.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series B, Series C
  • Geography: Sweden, Denmark, United States

Investor stats

  • Total investments: 19
  • Round size: Series B $5.6M–$30M; Series C $5.5M–$15M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Silecs — PiBond manufactures materials used in electronic devices, including patterning materials for semiconductors and optical materials. We also develop complete solutions that allow our clients to focus on creating innovative products.
  • SantoSolve — SantoSolve is developing topical analgesic products based on non-radioactive strontium as the active substance. The Development program was initiated based on experimental clinical use of strontium-based products showing evidence of strong local analgesic effects on several localized pain conditions of both nociceptive and neuropatic origin. Nosignificant adverse effects associated with the treatment was reported.The company’s lead product, 2PX, is topically administered, utilizing dermal penetration enhancers for delivery of the active agent to its subdermal site of action. Phase I safety and pharmacology studies showed the active agent to have low systemic bioavailability, and only few and minor adverse effects were observed at the site of administration. In open label Phase II clinical trials, the product has shown strong analgesic effect in both nociceptive and neuropatic pain conditions. In follow up, placebo controlled trials, the analgesic effect of the product has been further documented. In the company’s most advanced pain indication under study, osteoarthritis, the company has recently completed the Phase II program.These trials supports the open label results and document statistically that the analgesic effect in patients treated with 2PX is superior to that observed with placebo treatment.
  • Action Pharma — Providing a surprisingly human shopping experience. Trusted and secure. Millions of domains to choose from.
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Ventech
VC Fund · Paris, Ile-de-France, France · 2 investments in Finland Manufacturing startups, 6 in the past 12 months

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

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Investment focus

  • Industry: Software, E-Commerce, Biotechnology
  • Stage:Series A, Series B
  • Geography: France, Germany, United States

Investor stats

  • Total investments: 162
  • Round size: Series A $5M–$18M; Series B $5.6M–$64M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Treon — The foundation for massive IoT
  • Prewave — Supplier monitoring for purchasing, supply chain management and sustainability managers.
  • Microoled — Our best technology is vision. Designing the future of microdisplay applications. Our proprietary AMOLED technology elevates near-eye displays to the next level with optimal picture resolution, image brightness, and power con-sumption efficiency.
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Aura Group
VC Fund · Singapore, Central Region, Singapore · 2 investments in Finland Manufacturing startups

Aura Group is a financial services company operating out of Australia and Singapore that provides tailored wealth and funds management solutions across the Asia Pacific region. Our vision is to build trust that lasts generations.

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Investment focus

  • Industry: iOS, Blockchain, Information Technology
  • Stage:Series A, Seed
  • Geography: Australia, Finland

Investor stats

  • Total investments: 7
  • Round size: Series A $5.4M–$13M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • InStitchu — InStitchu is an online custom clothier specializing in tailor made menswear. Customers are able to design custom made garments online which are then made to their exact measurements.InStitchu provides tailor made, high quality menswear through a simple online ordering process. Once a customer has added measurements to their profile, a suit orshirt can be ordered in a few minutes and on its way in two weeks. There are multiple ways for a customer to get their measurements perfected and enjoy that “perfect fit” InStitchu customers keep coming back for - our measurement guide will take you on a journey from your living room to the hustle and bustle of our tailor’s studio. Customers can choose from a wide range of globally sourced high quality wool and cotton fabrics, and when you’ve chosen, we’ll deliver your design right to your door. This new approach to shopping is stress free and cuts out the middleman, allowing us to deliver customers luxury tailor made suits and shirts without the high price tag.
  • Lygon — Lygon is the platform for digital bank guarantees. Our platform utilises Blockchain technology to offer speed, trust and flexibility and makes guarantees simple and effective for all.
  • Global Reviews — Prioritised, enterprise-wide decision making, based on digital intelligence and customer centric research. Learn how Global Reviews can help your business here.
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LähiTapiola
VC Fund · Espoo, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

LähiTapiola is based on mutual company form, a group of companies owned by its customers, serving the personal, farm, entrepreneurial.

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Investment focus

  • Industry: Banking, FinTech, Internet
  • Stage:Debt Financing
  • Geography: Finland

Investor stats

  • Total investments: 4
  • Round size: Debt Financing $5.4M–$16M
  • Lead/follow: 25% lead, 75% 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.
  • Connected Finland — The IoT operator of Finland, enabling millions of smart devices to connect directly to internet, with the most energy and cost efficient connectivity solut
  • Altum Technologies — Fouling costs several billions of euros every year and Altum can solve these issues. With Altum's unique approach:- You won't have production downtime - You will be more energy efficient - You don't need to use chemicals for cleaning - You will minimize maintenance - You will increase health and safety - You will act moresustainableThrough their intelligent software, Altum is the only company in the world who can completely control Power Ultrasound to make fouling disappear once and for all without stopping production. This is done by externally applying the system to any liquid carrying equipment (heat exchangers, pipes, tanks, cooling towers, filters, reactors, etc.) without the need to do any changes to them.Their externally installed power ultrasound solution is capable to clean almost any dirt, like biofouling, mineral scaling, chemical fouling.There are numerous different cases in which their power ultrasound patented solution can help.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Manufacturing 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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Hannu Turunen
Angel · 2 investments in Finland Manufacturing startups

Hannu Turunen is the Member of the Board of Exalocus. He was a Board Member at Men&Mice.

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Investment focus

  • Industry: SaaS, Manufacturing, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 7
  • Lead/follow: 0% lead, 100% 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.
  • Cargofy — Cargofy it's a mobile assistant, kind of a "Siri" but for truck drivers. We help truckers access to high paying loads through our app, and receive discounts on fuel, maintenance, and truck parts.
  • Picosun — Picosun is the leading manufacturer of Atomic Layer Deposition (ALD) reactors for micro- and nanotechnology applications. Picosun provides the customers with versatile, reliable, and user-friendly ALD process tools, which offer world leading process quality and unique scalability from basic research to fully automated high throughput industrialproduction. Picosun is based in Espoo, Finland, its production facilities are located in Masala (Kirkkonummi), Finland, its US headquarters in Detroit, Michigan, and its Asian headquarters in Singapore. PICOSUN™ ALD process tools have been installed in various prominent industries and high-level reasearch organizations across Europe, USA, Asia and Australia. Picosun has world-wide sales and support network with distributors and representatives in over 30 countries.
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Taaleri
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

Taaleritehdas Wealth Management is helping all Finns see the advantages of ownership and find their own way to own.

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Investment focus

  • Industry: Financial Services, FinTech, Lending
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Kenya

Investor stats

  • Total investments: 8
  • Round size: Seed $236k–$6.4M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Rester — Rester is a Finnish company enabling the recovery of business textiles into a new textile fibre and quality raw material.
  • Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
  • Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
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Glyn Eggar
Angel · 2 investments in Finland Manufacturing startups

Glyn Eggar

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Investment focus

  • Industry: Gaming, Software, 3D Printing
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • 3DBear — 3DBear combines immersive technologies and education for the best learning results Augmented reality (AR), Virtual Reality (VR), 360-photos & 3D printing.
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Emerald Technology Ventures
VC Fund · Zürich, Zurich, Switzerland · 2 investments in Finland Manufacturing startups

We provide venture capital for companies with cutting-edge technology that solves key issues in the transition to a net zero emissions world.

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Investment focus

  • Industry: Manufacturing, Energy, Software
  • Stage:Series B, Series A
  • Geography: United States, Germany, Canada

Investor stats

  • Total investments: 68
  • Round size: Series A $5.6M–$10M; Series B $5.1M–$17M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • sewts — Founded in 2019 and based in Munich, sewts GmbH provides cutting-edge perception software, pushing the boundaries of robotics in processing of easily deformable materials. sewts has developed and demonstrated a unique technology that uses high-precision finite element method (FEM) simulations to efficiently train machine learning algorithms. Theintelligent software solution enables countless applications in industrial automation like the handling of textiles in industrial laundries or the manufacturing of garment. sewts is backed by APEX Ventures, Bayern Kapital, High-Tech Gründerfonds, UnternehmerTUM Initiative for Industrial Innovators and a couple of highly experienced business angels.
  • Colibri Energy — Colibri Energy - Lithium Batteries produces battery solutions for GSE & Logistics to reduce costs of operations and provide sustainable alternatives.
  • NanoGraf Corporation — SiNode Systems is a materials venture based out of Northwestern University that is commercializing a novel silicon based anode technology developed by research team led by Professor Harold Kung. SiNode aims to change the status quo of the industry by developing high performance anodes for Li-ion batteries.
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CapMan
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Manufacturing startups

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

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Private Equity, Series B
  • Geography: Finland, Russian Federation, Sweden

Investor stats

  • Total investments: 51
  • Round size: Series B $2M–$14M; Private Equity $16M–$100M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: May invest from a new fund soon — raised $171M in 2019

Portfolio highlights

  • Napier AS — Napier in the terms of the fish offers sustainable transportation for the entire globe. Napier provides for farmers that require lucrative, environmentally friendly transportation of farmed fish from the cage to the slaughterhouse.
  • Serverius — The company Serverius provides supporting IT infrastructure services.
  • fuZion A/S — Datacenter and infrastructure provider
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Nordic Option
VC Fund · Oulu, Oulu, Finland · 2 investments in Finland Manufacturing startups

Nordic Option is a private equity fund focusing its investments on growth companies. It provides capital investments in small and medium-sized growth companies that have already established themselves in Northern Finland. The fund's investment strategy includes the possibility to make up to 5 early-stage growth investments with one millioneuros.The firm's value of investments in portfolio companies is approximately EUR 10 million and the value of loans granted is approximately EUR 1 million.

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Investment focus

  • Industry: Software, Manufacturing, 3D Technology
  • Stage:Seed, Series C
  • Geography: Finland

Investor stats

  • Total investments: 7
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Haltian — End-to-end IoT solutions and world-glass product design services from Haltian
  • SensorFu — SensorFu detects new network leak paths before they are exploited. If you're required to operate isolated networking environments, SensorFu helps you to anwer question: is my network isolation working as intended? Leaks from isolated network segments can be a result of human error or malice, and they may violate security policies orcontractual obligations. SensorFu automates previously manual audit checks, and it empowers IT- and IT security ops to ensure continuous network, and network segment isolation that meets their mission specific policies and regulatory requirements. SensorFu Beacon is available as virtual appliance, software application and as hardware appliance.
  • Brightplus — Brightplus is an innovative renewable materials manufacturing company from Finland. We specialise in design and development of new functional properties for industrial biomaterial solutions. We cater for industries like packaging, construction, cosmetics and consumer goods. Our expertise is based on developing solutions to multiple industries andproviding fast prototyping and full fit for customers’ production lines. Our deep chemical BrightBio® technology creates an optimal fit between coatings, barriers and plastic replacing materials to help you in raising your material functionality to the next level.
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VIA Equity
VC Fund · Hellerup, Hovedstaden, Denmark · 2 investments in Finland Manufacturing startups

VIA equity is a leading Northern European Multi-stage private equity firm with an excellent track record of building and transforming their investments into national and international industry leaders. Their core investment focus is within a broad definition of the TMT/ICT and Services industries but they consider investments in a wide rangeof sectors.

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Investment focus

  • Industry: Software, Manufacturing, Film
  • Stage:Private Equity
  • Geography: Finland, Denmark, United States

Investor stats

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

Portfolio highlights

  • Nets — We help financial institutions, businesses and merchants make tomorrow easier for their customers while delivering unrivalled security and stability.
  • Advania — Advania is a leading company in the field of information technology and provides customers with reliable advice and services. They have solutions in all areas of information technology and customers can apply to their individual solutions or integrate its services. Among their customers are large companies and institutions. They're in closecooperation with many international IT companies, such as Dell EMC, Microsoft, Oracle, SAP Business Objects and VeriSign. Their business is certified under ISO 27001 is an international standard for information security. They are proud of Their professionalism, clear communication and the mutual benefits created in collaboration with their customers and suppliers.
  • Dolphin Software — Dolphin Software Solutions is a Software development and consulting company that provides innovative software solution services to multinational companies with a commitment to excellence in service and products. We have become a premier provider of leading edge technology by conforming to the customer needs and expectations in a timely and costeffective manner.
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Veli-Pekka Saarnivaara
Angel · 2 investments in Finland Manufacturing startups

Veli-Pekka Saarnivaara

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Investment focus

  • Industry: Gaming, Software, 3D Printing
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • 3DBear — 3DBear combines immersive technologies and education for the best learning results Augmented reality (AR), Virtual Reality (VR), 360-photos & 3D printing.
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Sebastien Borget
Angel · San Francisco, California, United States · 1 investments in Finland Manufacturing startups, 13 in the past 12 months

Sebastien Borget is the Co-founder and COO of Pixowl. Passionate for blockchain technology, gaming and education, he is a very active speaker and evangelist who spent the past 8 years focused exclusively on mobile gaming, creating successful games that were downloaded millions of times.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, France, The Netherlands

Investor stats

  • Total investments: 52
  • Round size: Seed $1.5M–$5.4M; Series A $5M–$60M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • GET Protocol — Supercharge your tickets with NFTs and the Blockchain. Easily implement the latest technology and unlock the benefits of truly digital tickets with GET Protocol.
  • Lens Protocol — Lens Protocol is a composable and decentralized social graph, ready for you to build on so you can focus on creating a great experience, not scaling your users.
  • Bring It On — Bring It On is a mission to redefine the skill games category, merging strong technological infra.
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Renaldas Zioma
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Finland Manufacturing startups

Renaldas Zioma

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Investment focus

  • Industry: Artificial Intelligence, Manufacturing, Information Technology
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Finland, Ukraine, Lithuania

Investor stats

  • Total investments: 4
  • 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.
  • Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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Metsa Spring
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

Metsä Spring is the venture capital arm of Metsä Group. We invest globally in promising startups that have a link to wood or forestry. In addition to financing, we also provide access to Metsä Group’s global network and expertise.

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Investment focus

  • Industry: Cosmetics, Manufacturing, Personal Health
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 4
  • Round size: Seed $386k–$5.4M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Adsorbi — Adsorbi develops a novel biomaterial based on cellulose.
  • Innomost — Innomost develops and produces high-value bioactive ingredients from forest industry side streams that enable customers to make innovations in the cosmetic beauty industry. Its current product portfolio consists of birch charcoal powder, birch bark powder, betulin, suberin, and azelaic acid, which can trigger innovation in all cosmetic productcategories including skincare, haircare, body care, decorative cosmetics, and oral care.
  • Fiberwood — Fiberwood is a new eco-friendly wood fiber insulation that can be used for a variety of purposes. Fiberwood has excellent insulating properties, is entirely bio-based, and thus contains no plastic or other fossil-based materials.
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Norsepower Oy
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

Norsepower Oy is a Finnish clean technology and engineering company pioneering the generation of renewable wind energy for the global maritime industry. Norsepower is a provider of low-maintenance, software operated, and data verified auxiliary wind propulsion systems. Since its establishment in November 2012, Norsepower has gathered more than $6million USD of funding, which has enabled development, testing and piloting of the Norsepower Rotor Sail Solution. The main investors behind Norsepower are Power Fund III, Lifeline Ventures Oy, Finnvera Oyj, and Wate Oy. Norsepower is also funded by Tekes – the Finnish Funding Agency for Technology and Innovation.

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Investor stats

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

Portfolio highlights

  • Visedo — Danfoss Editron specializes in hybrid and electric powertrain systems for off-highway and marine markets.
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Ilkka Paananen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Manufacturing startups, 6 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, Gaming
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 38
  • Round size: Seed $1.2M–$4.4M; Pre-Seed $1.2M–$2.7M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Isometric — Isometric is a carbon removal registry and science platform
  • Riot — Meet Riot, the all-in-one platform that drives better protection for your team.
  • SLAY — SLAY is a social gaming company.
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Goldacre
VC Fund · London, England, United Kingdom · 1 investments in Finland Manufacturing startups

Goldacre is a family office investment house focusing on asset management businesses. It is dedicated in supporting businesses that drive change through technology in the real estate sector in the UK, Europe, and Israel.Goldacre aims to deliver above-average returns while controlling risk through market analysis, intelligent financing, andintensive investment management.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Israel, United Kingdom, Spain

Investor stats

  • Total investments: 12
  • Round size: Seed $650k–$3.2M; Series A $7.8M–$8M; Series B $6.1M–$7.8M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • Modulous — The Modulous Fastrack solution is a digitally integrated process enabling the rapid design, assembly and delivery of high quality, affordable, sustainable and smart homes.
  • Grid Edge — Grid Edge uses artificial intelligence technology to predict, optimize and control the energy profile, unlocking the potential to become active and intelligent participants in the energy system. The company specializes in hybrid deep learning and artificial neural network methods, Grid Edge provides cloud-based software services that work inharmony with building energy management systems.
  • Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.
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FIH Mobile
VC Fund · Langfang, Hebei, China · 1 investments in Finland Manufacturing startups

FIH Mobile is a handset manufacturing and Integrator services company.

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Investment focus

  • Industry: Apps, Consumer Electronics, Augmented Reality
  • Stage:Series B, Series A
  • Geography: United States, China, India

Investor stats

  • Total investments: 11
  • Round size: Series B $14M–$14M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Lingxi AR — Lingxi AR is an AR optical display technology provider, providing optical solutions for partners developing AR glasses. It is committed to the development of lightweight glasses with large field of view. The optical modules are equipped with nano-scale coupling gratings and optical waveguide technology. AR 3D imaging can be achieved with an angleof view of up to 36 degrees.
  • HMD — HMD Global mission to make modern mobile technology accessible to everyone. Learn more about Nokia phones, tablets, products and services.
  • Journey Technology — An augmented reality technology company.
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Lindström
VC Fund · 1 investments in Finland Manufacturing startups

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

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Investment focus

  • Industry: Textiles, Manufacturing, Consumer Goods
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Rester — Rester is a Finnish company enabling the recovery of business textiles into a new textile fibre and quality raw material.
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EM Group
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

EM Group is a Finnish family-owned company that develops and owns electrical. Our most important subsidiary is Ensto. The group companies operate in 20 countries and employ some 1700 people. The group turnover is approximately 250 million euros. www.emgroup.fi

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Investment focus

  • Industry: Battery, Manufacturing, Product Design
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • European Batteries — Reference Guide For All Your Energy Needs
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Etera
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

Etera is a pension company that takes care of the Finnish pension insurance.

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Investment focus

  • Industry: Robotics, Manufacturing, Internet of Things
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • NewIcon — NewIcon is the specialist in pharmaceutical automation systems. Find out more.
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Stephen Industries
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

Stephen Industries Inc Oy is a family owned Finnish company. We place great value in technology and innovations that create more environmentally friendly solutions.

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Investment focus

  • Industry: Manufacturing, Wood Processing
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Fiberwood — Fiberwood is a new eco-friendly wood fiber insulation that can be used for a variety of purposes. Fiberwood has excellent insulating properties, is entirely bio-based, and thus contains no plastic or other fossil-based materials.
  • 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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Trung Nguyen
Angel · 1 investments in Finland Manufacturing startups

Trung Nguyen CEO at Axie Infinity. He attended FPT University during 2010-2017.

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Investment focus

  • Industry: Shoes, Gaming, Recycling
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Singapore

Investor stats

  • Total investments: 3
  • 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.
  • Ancient8 — Ancient8 Chain is a gaming-focused community-driven Ethereum layer 2 built to onboard the next 100M Web3 citizens.
  • Curieous — AI-powered content creation app for busy knowledge-worker creators: beautiful, multi-format, multi-channel social content in 15 minutes
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Leaguer Venture Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in Finland Manufacturing startups

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.

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Investment focus

  • Industry: Artificial Intelligence, Semiconductor, Robotics
  • Stage:Series A, Seed
  • Geography: China, United States, Finland

Investor stats

  • Total investments: 18
  • Round size: Seed $1.4M–$6.9M; Series A $6.7M–$7.7M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • EXCEEDDATA — EXCEEDDATA provides enterprise customers with one-stop big data intelligent analysis products and consulting. The company was established in 2015 and is based in Haidian, Beijing, China.
  • Micro Creative — Micro Creative focuses on the development of millimeter-wave radar sensor chips and solutions for related application scenarios.
  • Li Krypton Technology — Likrypton Technology provides product research and development in key areas of new energy vehicles and autonomous driving.
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Building Ventures
VC Fund · Boston, Massachusetts, United States · 1 investments in Finland Manufacturing startups

Building Ventures is a venture capital firm based in Boston, MA. We partner with Built Environment entrepreneurs and early-stage startups.

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Investment focus

  • Industry: Software, Construction, Real Estate
  • Stage:Series A, Seed, Series B
  • Geography: United States, Finland

Investor stats

  • Total investments: 42
  • Round size: Seed $2M–$8.7M; Series A $1M–$18M; Series B $1.5M–$20M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $53M in 2018

Portfolio highlights

  • Mezo — Mezo offers property maintenance and provides visibility from the point of intake to avoid unnecessary trips, remove friction, and reduce cost. The company was founded in 2020 and is headquartered in Chicago, Illinois.
  • UpCodes — Explore a searchable database of US construction and building code. Code regulations are consolidated by state and city for easier navigation.
  • Skillit — We've got you. Free membership for construction workers. The top ENR contractors trust us with their skilled trade hiring needs.
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C2 Ventures
VC Fund · New York, New York, United States · 1 investments in Finland Manufacturing startups, 8 in the past 12 months

Bridging the gap between founders and capital through content, connections and experience.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Finland

Investor stats

  • Total investments: 66
  • Round size: Seed $120k–$5M; Pre-Seed $120k–$1.6M; Series A $8M–$18M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — raised $20M in 2022

Portfolio highlights

  • Eze — Wholesale Electronics: Shop Wholesale iPhones, MacBook, iPad, Samsung Watch, Apple accessories & other electronics in bulk at wholesale prices
  • ePallet — ePallet is a technology and logistics startup that makes it easy and efficient to buy and sell wholesale food by the pallet.ePallet makes it easy for Vendors to sell more and customers to save more. ePallet provides an artificial intelligence (AI)-driven platform that allows customers to directly access to manufacturers’ products in full-palletincrements.
  • Driver Technologies — Turn your phone into a dash cam.
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Übermorgen Ventures
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Finland Manufacturing startups, 11 in the past 12 months

We are an early stage VC for climate tech startups.

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Investment focus

  • Industry: Energy, Software, Renewable Energy
  • Stage:Seed, Pre-Seed
  • Geography: Germany, Switzerland, Finland

Investor stats

  • Total investments: 28
  • Round size: Seed $536k–$4.3M; Pre-Seed $328k–$1.3M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Sunvigo — Sunvigo provides you with cheap solar power from your roof and real green power from the grid.
  • CleanHub — Become plastic neutral with CleanHub and prevent ocean bound plastic before it can cause damage
  • SERA Intelligence — SERA Intelligence is an AgTech company that offers a cultivation management & analytics platform for greenhouses using machine learning.
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Redbird Ventures
VC Fund · Los Angeles, California, United States · 1 investments in Finland Manufacturing startups, 6 in the past 12 months

We're dedicated to building strong relationships and successful businesses. Redbird Ventures is an on-the-ground investment group with an eye on the sky.

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Investment focus

  • Industry: Software, SaaS, Supply Chain Management
  • Stage:Seed, Pre-Seed
  • Geography: United States, Finland

Investor stats

  • Total investments: 14
  • Round size: Seed $2.5M–$20M; Pre-Seed $373k–$1M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Emrgy — Emrgy empowers customers to generate on-site clean energy using innovative hydropower systems that integrate directly into slow or shallow water flows.
  • Alinor — The marketplace to find and request materials from European distributors and manufacturers. Compare products and prices to get the best deal today.
  • Protein Evolution — Discover a world without plastic waste through sustainable practices that create a circular world.
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Fennia Group
VC Fund · 1 investments in Finland Manufacturing startups

Fennia Group provides risk management and insurance services for enterprises, entrepreneurs and private households.

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Investment focus

  • Industry: Battery, Manufacturing, Product Design
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • European Batteries — Reference Guide For All Your Energy Needs
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Vesa Puttonen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

Vesa Puttonen is a professor of finance from Finland.

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Investment focus

  • Industry: CleanTech, Advanced Materials, Packaging Services
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
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Jukka Rannila
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

Jukka Rannila Entrepeneur and Investor.

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Investment focus

  • Industry: CleanTech, Advanced Materials, Packaging Services
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
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Shenzhen Lietou Fund
VC Fund · Shenzhen, Guangdong, China · 1 investments in Finland Manufacturing startups

Shenzhen Lietou Fund

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Investment focus

  • Industry: Video, Sensor, Robotics
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Asqella — I found a great domain name for sale on Dan.com. Check it out!
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CMPC Ventures
VC Fund · 1 investments in Finland Manufacturing startups

CMPC Ventures invest in entrepreneurship in an agile and determined way.

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Investment focus

  • Industry: Product Management, Paper Manufacturing
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woamy — Woamy produces edible, non-toxic, recyclable cellulose-based foam with a directional strength that mimics wood. Based on a decade of scientific research, we make sustainable foam in Espoo Finland.
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Mikko Rannila
Angel · 1 investments in Finland Manufacturing startups

Mikko Rannila - Founding Partner @ Magnifier

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Investment focus

  • Industry: CleanTech, Advanced Materials, Packaging Services
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woodly Oy — Woodly® is an entirely new type of wood-based packaging material that can be used to substitute traditional fossil-based plastics. Woodly is recyclable can be made into transparent and flexible packaging, and the material mimics the best qualities of traditional plastics.
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Secto Design
VC Fund · Kauniainen, Southern Finland, Finland · 1 investments in Finland Manufacturing startups

Timeless wooden lighting collection with a Scandinavian feel. Handmade in Finland.

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Investment focus

  • Industry: Product Management, Paper Manufacturing
  • Stage:Seed
  • Geography: Finland

Investor stats

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

Portfolio highlights

  • Woamy — Woamy produces edible, non-toxic, recyclable cellulose-based foam with a directional strength that mimics wood. Based on a decade of scientific research, we make sustainable foam in Espoo Finland.
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Manufacturing Investor funding in Finland at a glance

Stats across 91 deals from 83 investors.

83
investors
in Finland Manufacturing startups
91
deals
in Finland Manufacturing startups
$3.9M
median round
in Finland Manufacturing startups
47%
lead investors
lead at least one round
27%
Seed
most common funding stage
83/17
VC / Angel
share of investor count

Access all 83 investors in Finland Manufacturing startups.

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