# Top 50 Software Startup Investors in Finland in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Business Finland | 53 | Finland, United States, United Kingdom | Seed, Grant | Software, Information Technology, SaaS |
| Lifeline Ventures | 43 | Finland, United States, United Kingdom | Seed, Series A | Software, Health Care, E-Commerce |
| Icebreaker.vc | 36 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Ali Omar | 33 | Finland, United States, Estonia | Seed, Pre-Seed, Angel | Software, SaaS, Artificial Intelligence |
| Inventure | 30 | Finland, Sweden, Denmark | Seed, Series A | Software, Information Technology, Health Care |
| Visionplus | 27 | Finland, United States, United Kingdom | Seed, Series A | Software, Information Technology, Internet |
| Tesi | 27 | Finland, United States, Argentina | Series A, Series B | Software, Manufacturing, Health Care |
| Finnvera Venture Capital | 25 | Finland, United States, Switzerland | Seed, Series A | Software, Health Care, Information Technology |
| First Fellow Partners | 22 | Finland, United States, Estonia | Seed, Series A | Software, SaaS, Enterprise Software |
| Superhero Capital | 21 | Finland, Estonia, Lithuania | Seed, Pre-Seed, Series A | Software, Information Technology, Internet |
| Reaktor Ventures | 19 | Finland, Germany, United States | Seed, Pre-Seed, Series A | Software, Internet, Health Care |
| Maki.vc | 18 | Finland, Germany, United Kingdom | Seed, Series A | Software, SaaS, E-Commerce |
| Butterfly Ventures | 18 | Finland, Sweden, Norway | Seed, Pre-Seed | Health Care, Software, Information Technology |
| Vendep Capital | 15 | Finland, United States, Canada | Seed, Series A | SaaS, Software, Analytics |
| Gorilla Capital | 15 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, SaaS |
| OpenOcean | 13 | Finland, United States, United Kingdom | Series A, Series B, Seed | Software, Information Technology, Enterprise Software |
| Innovestor | 12 | Finland, Denmark, Sweden | Seed, Series A | Software, Health Care, Manufacturing |
| Sisu Game Ventures | 10 | Finland, United States, Iceland | Seed, Series A | Gaming, Video Games, Virtual Reality |
| Spintop Ventures | 8 | Sweden, Finland, Denmark | Seed, Series A | Software, Information Technology, SaaS |
| Conor Venture Partners | 7 | Finland, United States, Sweden | Series A, Series B, Seed | Software, Analytics, Semiconductor |
| Risto Siilasmaa | 6 | Finland, Sweden, Estonia | Seed, Pre-Seed, Series A | Software, SaaS, E-Commerce |
| Initial Capital | 6 | United Kingdom, United States, Finland | Seed, Series A | Gaming, Mobile, Software |
| PROfounders Capital | 6 | United Kingdom, United States, Finland | Seed, Series A, Series B | Software, Apps, Travel |
| VTT Ventures | 6 | Finland | Seed, Series A | Manufacturing, Biotechnology, 3D Technology |
| Leena Niemistö | 6 | Finland, United States | Seed, Pre-Seed | Health Care, Software, E-Commerce |
| CapMan | 5 | Finland, Russian Federation, Sweden | Private Equity, Series B | Software, Information Technology, Manufacturing |
| Wave Ventures | 5 | Finland, Sweden, Germany | Seed, Pre-Seed | Software, Mobile Apps, Internet |
| Voima Ventures | 4 | Finland, Norway, Sweden | Seed, Pre-Seed | Biotechnology, Health Care, Software |
| Nordic Option | 4 | Finland | Seed, Series C | Software, Manufacturing, 3D Technology |
| Invus | 4 | United States, France, China | Series B, Series C, Series A | Biotechnology, Health Care, Therapeutics |
| Jyri Engestrom | 4 | United States, Finland, Canada | Seed, Series A, Pre-Seed | Software, Apps, Health Care |
| Nidoco | 4 | Finland, Sweden, Estonia | Seed, Series B | Health Care, Software, Artificial Intelligence |
| LVP | 4 | United States, United Kingdom, Finland | Seed, Series A | Gaming, Video Games, Mobile |
| Nordic Venture Partners (Sweden) | 4 | Sweden, Denmark, Finland | Series A, Series B | Software, Information Technology, Gaming |
| DN Capital | 4 | United States, Germany, United Kingdom | Series A, Series B, Seed | Software, E-Commerce, SaaS |
| Nordea | 4 | Finland, Sweden, Norway | Debt Financing, Seed | FinTech, Financial Services, Banking |
| Wellington Partners | 3 | Germany, United States, United Kingdom | Series A, Series B | Health Care, Biotechnology, Medical |
| GSV Ventures | 3 | United States, India, Peru | Seed, Series A, Series B | Education, EdTech, E-Learning |
| Leaguer Venture Capital | 3 | China, United States, Finland | Series A, Seed | Artificial Intelligence, Semiconductor, Robotics |
| Brighteye Ventures | 3 | United Kingdom, France, Spain | Seed, Series A, Pre-Seed | Education, E-Learning, Software |
| Karma Ventures | 3 | Estonia, Sweden, Finland | Series A, Seed, Series B | Software, Artificial Intelligence, Information Technology |
| Midinvest Management | 3 | Finland | Seed, Convertible Note | Software, Information Technology, Internet |
| EQT Ventures | 3 | Sweden, Germany, United States | Series A, Series B, Seed | Software, Information Technology, SaaS |
| Balderton Capital | 3 | United Kingdom, United States, Germany | Series A, Series B, Series C | Software, FinTech, Financial Services |
| Ilkka Paananen | 3 | Finland, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, E-Commerce, Gaming |
| Hannu Vaajoensuu | 3 | Finland, Sweden | Seed, Angel | SaaS, Software, Information Technology |
| Marten Mickos | 3 | United States, Finland, Sweden | Seed, Series A, Convertible Note | Software, Internet, Enterprise Software |
| Seedcamp | 3 | United Kingdom, United States, Germany | Seed, Pre-Seed, Series A | Software, FinTech, SaaS |
| Speedinvest | 3 | Germany, United Kingdom, Austria | Seed, Series A, Pre-Seed | Software, FinTech, Financial Services |
| Grid.vc | 3 | Finland, Estonia | Seed, Pre-Seed | SaaS, Energy, Battery |

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