# Top 30 Medical Device Startup Investors in Finland in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Lifeline Ventures | 6 | Finland, United States, United Kingdom | Seed, Series A | Software, Health Care, E-Commerce |
| Butterfly Ventures | 4 | Finland, Sweden, Norway | Seed, Pre-Seed | Health Care, Software, Information Technology |
| Innovestor | 4 | Finland, Denmark, Sweden | Seed, Series A | Software, Health Care, Manufacturing |
| Icebreaker.vc | 3 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Tesi | 3 | Finland, United States, Argentina | Series A, Series B | Software, Manufacturing, Health Care |
| Voima Ventures | 3 | Finland, Norway, Sweden | Seed, Pre-Seed | Biotechnology, Health Care, Software |
| Finnvera Venture Capital | 3 | Finland, United States, Switzerland | Seed, Series A | Software, Health Care, Information Technology |
| EQT life science | 2 | United States, The Netherlands, Switzerland | Series A, Series B, Series C | Biotechnology, Health Care, Therapeutics |
| Cor Group | 2 | Finland | Seed, Pre-Seed, Series A | Health Care, Medical, Biotechnology |
| HealthCap | 2 | United States, Sweden, France | Series B, Series A | Biotechnology, Health Care, Medical |
| Inventure | 2 | Finland, Sweden, Denmark | Seed, Series A | Software, Information Technology, Health Care |
| Capricorn Partners | 2 | Belgium, United States, The Netherlands | Series B, Series A | Biotechnology, Health Care, Software |
| VTT Ventures | 2 | Finland | Seed, Series A | Manufacturing, Biotechnology, 3D Technology |
| Ali Omar | 2 | Finland, United States, Estonia | Seed, Pre-Seed, Angel | Software, SaaS, Artificial Intelligence |
| Business Finland | 1 | Finland, United States, United Kingdom | Seed, Grant | Software, Information Technology, SaaS |
| Noaber | 1 | The Netherlands, Israel, Sweden | Seed, Series A | Health Care, Medical, Fitness |
| Petri Pöyhönen | 1 | Finland | Series A | Medical, Biotechnology, Medical Device |
| Visionplus | 1 | Finland, United States, United Kingdom | Seed, Series A | Software, Information Technology, Internet |
| 3M New Ventures | 1 | United States, Germany, Israel | Series A, Series B | Software, Medical Device, Electronics |
| High-Tech Grunderfonds | 1 | Germany, Switzerland, United States | Seed, Series A | Software, Information Technology, Biotechnology |
| Inveni Capital | 1 | Finland, United Kingdom |  | Medical, Health Care, Biotechnology |
| Lundbeckfonden Ventures | 1 | United States, United Kingdom, France | Series B, Series A, Series C | Biotechnology, Health Care, Therapeutics |
| Italian Angels for Growth | 1 | Italy, United States, United Kingdom | Seed, Angel | Software, E-Commerce, Health Care |
| Nidoco | 1 | Finland, Sweden, Estonia | Seed, Series B | Health Care, Software, Artificial Intelligence |
| Sitra | 1 | Finland, The Netherlands | Series A, Series C | Health Care, Biotechnology, Therapeutics |
| XR Invest | 1 | Finland, United States | Series A, Series C | Medical Device, Sensor, Medical |
| Metsola Ventures | 1 | Finland | Series A | Medical, mHealth, Health Care |
| MVM Life Science Partners | 1 | United States, United Kingdom, Germany | Series B, Series A | Biotechnology, Health Care, Medical |
| Gerresheimer Glas | 1 | Finland | Seed | Health Care, Medical Device |
| Amor & Labor Oy | 1 | Finland | Seed | Women's, Hardware, Software |

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