Aerial perspective of Helsinki featuring the statement 'Investors in Finland'Aerial perspective of Helsinki featuring the statement 'Investors in Finland'

All Venture Capital firms and investors in Finland in one place

Finland is a country that has been taking bold steps to encourage innovation and entrepreneurship, especially through venture capital firms. These firms have been at the forefront of the Finnish economy, investing in cutting-edge technologies and startups that have the potential to disrupt entire industries.

What sets Finland apart from other countries is its unique landscape, which fosters collaboration and enables startups to thrive. With a strong government commitment to supporting technology and a culture that values hard work and perseverance, it's no wonder that Finland's venture capital scene is rapidly growing.  
logos on finnish venture capital firmslogos on finnish venture capital firms

The venture capital scene of Finland

The VC landscape of Finland is diverse, with a number of different firms ranging from highly specialized to generalist ones. Some of the most prominent venture capital firms in Finland include Aju Group, Maki.vc, and Northzone Ventures. These firms have invested in many successful startups such as Supercell, Rovio Entertainment, and Skype Technologies. They frequently seek investments that have the potential to create new markets and disrupt existing ones.

The Finnish government also provides support and incentives for startups, particularly those that are focused on research and development (R&D). The Tekes agency is dedicated to promoting innovation and entrepreneurship in Finland, providing funding programs as well as mentoring services for entrepreneurs.

Finland's Startup Boom: Culture, Talent, Investors

Finland is a great place for startups, with a startup culture that encourages creativity and collaboration. It also has an abundant talent pool of engineers and developers, which helps to ensure the success new businesses. Helsinki, in, is home to many high-tech companies and international startups, such as Supercell, Rovio Entertainment, and Skype Technologies.

The Finnish startup ecosystem is also supported by a number of incubators, accelerators, and coworking spaces that provide valuable resources to help entrepreneurs launch their businesses.

All venture capital firms & investors in Finland

Alliance Venture
Founded
2001
Investments
48
Exits
5
Investment stage
Seed
Series A
Series B
Company profile
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Butterfly Ventures
Founded
2012
Investments
63
Exits
1
Investment stage
Pre-Seed
Seed
Series A
Company profile
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Centripetal VC
Founded
2019
Investments
22
Exits
2
Investment stage
Secondaries
Company profile
See full breakdown
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Evli Growth Partners
Founded
2018
Investments
14
Exits
0
Investment stage
Series A
Series B
Series C
Company profile
See full breakdown
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Gorilla Capital
Founded
2018
Investments
49
Exits
2
Investment stage
Pre-Seed
Seed
Series A
Company profile
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Icebreaker
Founded
2016
Investments
93
Exits
1
Investment stage
Pre-Seed
Seed
Series A
Series B
Company profile
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Innovestor
Founded
2014
Investments
49
Exits
3
Investment stage
Seed
Series A
Series B
Series C
Company profile
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Inventure
Founded
2011
Investments
132
Exits
15
Investment stage
Pre-Seed
Seed
Series A
Series B
Company profile
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Lifeline Ventures
Founded
2009
Investments
139
Exits
16
Investment stage
Seed
Series A
Series B
Company profile
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Maki.vc
Founded
2018
Investments
61
Exits
1
Investment stage
Seed
Series A
Series B
Pre-Seed
Company profile
See full breakdown
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NordicNinja VC
Founded
2019
Investments
20
Exits
0
Investment stage
Series A
Series B
Series C
Company profile
See full breakdown
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OpenOcean
Founded
2009
Investments
77
Exits
12
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
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Sparkmind VC
Founded
2017
Investments
12
Exits
0
Investment stage
Seed
Company profile
See full breakdown
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Spintop Ventures
Founded
2009
Investments
44
Exits
8
Investment stage
Pre-Seed
Seed
Series A
Company profile
See full breakdown
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Superhero Capital
Founded
2015
Investments
50
Exits
2
Investment stage
Seed
Company profile
See full breakdown
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Tesi
Founded
1995
Investments
128
Exits
16
Investment stage
Series A
Series B
Series C
Series D
Company profile
See full breakdown
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Vendep Capital
Founded
2013
Investments
30
Exits
5
Investment stage
Seed
Series A
Pre-Seed
Company profile
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Verdane
Founded
1985
Investments
133
Exits
17
Investment stage
Series B
Series C
Series D
Company profile
See full breakdown
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Voima Ventures
Founded
2019
Investments
29
Exits
1
Investment stage
Pre-Seed
Seed
Series A
Series B
Company profile
See full breakdown
View VC Firm
What is the venture capital scene like in Finland?

The venture capital scene in Finland is rapidly expanding, with a number of new firms entering the space. These firms typically focus on early-stage investments and often look for startups that are working on cutting edge technologies or disrupting existing markets.p.

Finland's government has also played an important role in encouraging startup development by providing grants, tax incentives, and other forms of assistance for entrepreneurs. This combination of private sector investment and public sector support has been instrumental in creating the vibrant startup ecosystem we have today.

What are some of the most active VC firms in Finland?

Some of the most active venture capital firms in Finland include Maki, Alliance, Icebreaker, Inventure, OpenOcen, Lifeline Ventures & Superhero Capital. These firms typically invest in early-stage startups that are focused on technology or creating new markets.

What are some of the most well-funded startups in Finland?

Some of the most well-funded startups in Finland include Whim, Wolt Aiven, Supercell & Rovio Entertainment. All of these companies have received significant investments from respective venture capital firms and have gone on to achieve great success. On the example of Wolt, they got acquired by Doordash in 2022 on a 200x price compared to their initial investment.

The venture capital scene in Finland is highly supportive of entrepreneurs and startups. With a strong government commitment to supporting technology, an abundance of resources for entrepreneurs, and a culture that values hard work and perseverance, it's no wonder that Finland has become such a popular destination for startup creation. Whether you're an established entrepreneur or just getting started with your next big idea, there are plenty of opportunities available in Finland.

What are some of the most successful exits by Finnish startups?

Some of the most successful exits by Finnish startups include Supercell's $1.5 billion sale to Tencent and Rovio Entertainment's IPO, both of which generated significant returns for their investors. Skype Technologies was also sold to Microsoft in 2011 for a reported $8.5 billion, providing an even greater return on the company's early investments. These success stories demonstrate just how profitable an investment in Finnish startups can be.

What are the most common industries Finnish VC's are investing in?

Finnish venture capitalists are typically interested in investing in startups that are focused on technology or creating new markets. This includes investments in games, mobile applications, artificial intelligence, virtual reality, cloud computing, and other emerging technologies. VCs have also become increasingly interested in fintech startups as well. In addition to these sectors, Finnish investors will occasionally invest in more traditional industries such as retail or manufacturing if they believe that the startup has potential for growth.