Butterfly Ventures is a leading seed-stage venture capital firm specializing in deep tech investments across the Nordic and Baltic regions. Established in 2012, the firm has become one of the most active early-stage VCs in the area, with offices in Oulu and Helsinki (Finland), Stockholm (Sweden), Tallinn (Estonia), and Copenhagen (Denmark). Known for its cooperative approach, Butterfly Ventures works closely with founders, offering full support from all partners.

The firm is committed to societal impact, being recognized as the first 100% carbon-neutral VC fund in Europe by Forbes. Focusing on deep tech, hardware, and hardware-interfacing software startups with social or environmental impact, Butterfly Ventures typically invests in companies at the seed stage, often when they have no revenue. Despite this, portfolio companies usually start generating revenue within six months of the first investment.

The firm has a significant capacity for follow-on investments, aiming to support startups throughout their growth journey. As of now, Butterfly Ventures manages €77 million, has invested in over 100 companies, and has seen its portfolio companies raise over €180 million in financing, with a combined market capitalization exceeding €1 billion.