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Top 10 Retail VC Funds & Investors in Finland (May 2026)

The most active venture capital funds investing in Finland Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Retail startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Summit Partners
VC Fund
2 United States, Germany, Canada Private Equity, Series B Software, Information Technology, Health Care $15M–$135M
Baidu
VC Fund
2 China, United States, Israel Series A, Series B, Series C Internet, Software, Manufacturing $2.7M–$600M
Mobility Ventures
VC Fund
2 Spain, Finland, United States Seed, Angel, Series C Mobile, Apps, Retail
Maki.vc
VC Fund
1 Finland, Germany, United Kingdom Seed, Series A Software, SaaS, E-Commerce $750k–$12M
Flashpoint
VC Fund
1 United States, Israel, United Kingdom Series A, Seed Software, SaaS, Enterprise Software $750k–$18M
Reaktor Ventures
VC Fund
1 Finland, Germany, United States Seed, Pre-Seed, Series A Software, Internet, Health Care $129k–$6.4M
Gorilla Capital
VC Fund
1 Finland, Estonia, Sweden Pre-Seed, Seed, Series A Software, Information Technology, SaaS $150k–$680k
Innovestor
VC Fund
1 Finland, Denmark, Sweden Seed, Series A Software, Health Care, Manufacturing $482k–$4.3M
Fort Ross Ventures
VC Fund
1 United States, Israel, Russian Federation Series B, Series C, Series A Software, FinTech, Artificial Intelligence $3.2M–$100M
SCB 10X
VC Fund
1 United States, Thailand, Singapore Series B, Series A, Seed FinTech, Financial Services, Cryptocurrency $250k–$90M
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Investor list

Summit Partners
VC Fund · Boston, Massachusetts, United States · 2 investments in Finland Retail startups, 9 in the past 12 months

Summit Partners is a global alternative investment firm that invests in growth equity, fixed income and public equity opportunities in technology, healthcare and other growth sectors.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Private Equity, Series B
  • Geography: United States, Germany, Canada

Investor stats

  • Total investments: 184
  • Round size: Series B $15M–$87M; Private Equity $30M–$135M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Certania — Certania is a provider of testing, inspection, and certification (TIC) services focused on addressing global challenges.
  • TradingHub — TradingHub provides trade data analytics to the financial services industry. Among their clients are global banks, leading asset managers, hedge funds and major regulatory institutions. Throughout their product suite they employ market-leading analytic techniques. Employing these sophisticated methodologies, their tools produce accurate andactionable results, allowing their clients to:-Identify actions that may constitute market abuse.-Identify potential rogue traders.-Analyse best execution.-Objectively assess and improve the performance of traders.
  • Keeper Security — Keeper is the top-rated password and secrets manager for protecting businesses and families from cyberthreats. Try free now!
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Baidu
VC Fund · Beijing, Beijing, China · 2 investments in Finland Retail startups

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.

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Investment focus

  • Industry: Internet, Software, Manufacturing
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Israel

Investor stats

  • Total investments: 112
  • Round size: Series A $4.5M–$179M; Series B $2.7M–$600M; Series C $14M–$412M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $1.5B in 2017

Portfolio highlights

  • StarFive Technology — StarFive Technology offers RISC-V-based CPU IP, SoC, development board, and other series of products.
  • Wavarts Technologies — Wavarts Technologies provides software and hardware solutions for audio industry.
  • ZVISION — Zvision provides automotive-grade solid-state LiDAR solution for autonomous driving applications. The company's first-generation laser radar products use MEMS technology, and plan to achieve scale-up in the L3-class autonomous driving and unmanned logistics fields in the next five years, and layout the next generation optical-based phasedarray (OPA) through its integrated chip research and development capabilities. The technical laser radar is aimed at the L4/L5 level autopilot market after 5-10 years.
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Mobility Ventures
VC Fund · Addison, Texas, United States · 2 investments in Finland Retail startups

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.

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Investment focus

  • Industry: Mobile, Apps, Retail
  • Stage:Seed, Angel, Series C
  • Geography: Spain, Finland, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • IndoorAtlas — Discover the power of indoor positioning technology with IndoorAtlas. Build innovative indoor location-based solutions using our cross-platform SDK. Explore case studies and start developing today.
  • InnerWireless — InnerWireless, Inc. provides in-building wireless and RFID solutions to healthcare, enterprise, government, and hotel/gaming markets. InnerWireless solutions provide in-building wireless wide area network (WAN) and WLAN solutions for voice, data, multimedia, location, and other wireless services to the mobile workforce. It offers WirelessUtility, a broadband infrastructure that provides wireless signal coverage for mobility, communication, and real-time access to data. This solution also provides access to WAN services, including cellular services, paging capability, two-way radio service, first responder technology, WiFi access, enterprise voice service, and building automation and security. InnerWireless offers Horizon Converged Wireless platform for wide area services, building distribution, local area services, and segment distribution; and PanGo Unified Asset Visibility platform for asset, workflow, and inventory management, as well as to aggregate and synthesize data from various RTLS, RFID, and sensor sources. InnerWireless, Inc. was formerly known as E-tron Technologies, Inc.InnerWireless was founded in 1998 and is headquartered in Richardson, Texas.
  • Eelp! — Eelp! is an app to delegate all personal daily needs busy people have, 365. Taking your car for a wash, pet-sitting your dog while traveling, doing groceries, sending a physiotherapist home, a manicure to the office, a cab to the airport.. an Eelper will manage that for you, with best providers at best price, happy to Eelp.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail 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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Flashpoint
VC Fund · London, England, United Kingdom · 1 investments in Finland Retail startups

Flashpoint is an international technology investment firm that manages venture capital, secondary buy-out and venture debt funds.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Series A, Seed
  • Geography: United States, Israel, United Kingdom

Investor stats

  • Total investments: 93
  • Round size: Seed $750k–$4.3M; Series A $2.1M–$18M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Hotelmize — Our Big Data Solutions for the booking Industry identifies and takes advantage of booking price volatility, automatically increasing your profitability.
  • Welcome Pickups — Book a trusted local driver to pick you up and introduce you to your next destination, pre-order travel essentials.
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Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail startups

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.

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Investment focus

  • Industry: Software, Internet, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Germany, United States

Investor stats

  • Total investments: 54
  • Round size: Seed $129k–$1.9M; Pre-Seed $161k–$1.8M; Series A $1.7M–$6.4M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • Swappie — Buy refurbished iPhones at an affordable price - Swappie offers refurbished and cheap iPhones with a free 12-month Swappie warranty.
  • Videoly — The easiest way for online retailers to get hand-picked and automatically embedded product videos.
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Gorilla Capital
VC Fund · 1 investments in Finland Retail startups

Gorilla Capital is a Finnish venture capital fund investing in early stage companies that apply technology to solve real business problems of today.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Finland, Estonia, Sweden

Investor stats

  • Total investments: 43
  • Round size: Seed $268k–$536k; Pre-Seed $150k–$680k
  • Lead/follow: 70% lead, 30% follow
  • Last fund: May invest from a new fund soon — raised $16M in 2017

Portfolio highlights

  • Xiphera — Xiphera is a Finnish company designing hardware-based security solutions using standardised cryptographic algorithms.
  • Jungle AI — Jungle uses artificial intelligence to predict component failure, and poor performance in an advanced asset management software.
  • Upsy Company — Discover Upsy, the AI-powered online shopping assistant designed to transform your webshop into a sales powerhouse. Boost your conversion rates, improve customer service, and amplify your online sales with Upsy's innovative features today
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Retail 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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Fort Ross Ventures
VC Fund · Grand Cayman, Midland, Cayman Islands · 1 investments in Finland Retail startups

FortRoss Ventures, formerly MoneyTime Ventures, invests in early stage startups with the proven product, technology and go-to-market in the beginning of their international expansion and exponential revenue growth. The firm provides not only capital but give an access to the largest financial institution in CEE (infrastructure, customer base,go-to-market) through establishing the long term partnership (commercial contracts, JVs, other instruments) between the startup and anchor LPs.

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Investment focus

  • Industry: Software, FinTech, Artificial Intelligence
  • Stage:Series B, Series C, Series A
  • Geography: United States, Israel, Russian Federation

Investor stats

  • Total investments: 41
  • Round size: Series A $3.2M–$21M; Series B $5.6M–$100M; Series C $7.7M–$14M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Deci AI — Deci empowers deep learning developers to accelerate inference on edge or cloud, reach production faster, and maximize hardware potential.
  • Rookout — Speed up the debugging process and accelerate your team's velocity with Rookout's live, remote debugging platform. Debug anything, anywhere. Effortlessly.
  • SegmentStream — SegmentStream is a data intelligence platform which helps collect and unify from different data sources into own data warehouse for advanced analytics and attribution. Our solution is trusted by leading brands such as Benetton, Nespresso, New Balance, myToys, Eventim Group, and others.
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SCB 10X
VC Fund · Bangkok, Krung Thep, Thailand · 1 investments in Finland Retail startups

SCB 10X From Experiment to Exponential Growth

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Investment focus

  • Industry: FinTech, Financial Services, Cryptocurrency
  • Stage:Series B, Series A, Seed
  • Geography: United States, Thailand, Singapore

Investor stats

  • Total investments: 39
  • Round size: Seed $250k–$20M; Series A $2M–$9M; Series B $7M–$90M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • AI21 Labs — AI21 Labs is an AI lab & product company whose mission is to reimagine the way we read and write by making the machine a thought partner to humans.
  • Together — Together will enable researchers, developers & companies to leverage and improve artificial intelligence with an intuitive data, models & computation platform.
  • Token Unlocks — The Best Token Unlocks Calendar Dashboard, Subscribe for Unlocks notification on-chain & Intense Tokenomics Data Analysis.
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Retail VC funding in Finland at a glance

Stats across 23 deals from 26 investors.

26
investors
in Finland Retail startups
23
deals
in Finland Retail startups
$2.5M
median round
in Finland Retail startups
46%
lead investors
lead at least one round
17%
Private Equity
most common funding stage

Access all 26 VC funds in Finland Retail startups.

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