Butterfly Ventures
Venture capitalOulu · Seed · 8 people tracked
Investment thesis
Butterfly Ventures focuses on seed-stage deep tech, hardware, and hardware-interfacing software companies with social or environmental impact, primarily in Finland and Sweden but also across the Nordics and Baltics. The firm typically enters early, when most portfolio companies have no revenue yet, and favors a co-operative, hands-on approach in which founders receive support from all partners. It always makes its first investment at seed but reserves significant capacity for follow-on rounds. Butterfly emphasizes societal impact and is noted as an early carbon-neutral European VC.
Source: firm website, verified Aug 3, 2026.
Team · 8 people
from the firm's website & public directoriesWhat they invest in
from 9 of 79 portfolio companiesAI & Machine Learning ×4Deep Tech ×3Medical Devices ×3Cleantech ×2Digital Health ×2Enterprise Software ×2Healthtech ×2Media & Entertainment ×2
HQs:Finland×6United States×2
Investments · 79 tracked
founders shown can be your intro pathAdamant Health develops an AI-powered technology that uses surface electromyography (EMG) and kinematic measurements to track the visible and hidden motor symptoms of Parkinson's disease.
AI & Machine LearningDigital HealthMedical Devices
North Attleboro, US
Julio E. Vega(Mr. Vega is the Secretary of the Issuer.)Mark Brehaut(Executive Officer, Director, Promoter)Kevin Murray, Jr.(Executive Officer, Director, Promoter)
Company developing ultrasound technology for industrial liquid process monitoring; closed an eight-figure round led by Butterfly Ventures.
A Finnish sports media or content platform that publishes analysis and coverage of major football tournaments, particularly the FIFA Club World Cup, including match strategies, team performance reviews, and player statistics.
Media & EntertainmentSports Tech
Frequently asked questions
- What stage does Butterfly Ventures invest at?
- Butterfly Ventures invests at the Seed stage.
- What is Butterfly Ventures's typical check size?
- Butterfly Ventures typically writes checks of $300K.
- What sectors does Butterfly Ventures focus on?
- Butterfly Ventures focuses on Cleantech, Climate Tech, Deep Tech, Hardware, Impact & Social Good.
- Where is Butterfly Ventures located?
- Butterfly Ventures is headquartered in Oulu, FI.
- Does Butterfly Ventures lead rounds?
- Yes, Butterfly Ventures leads investment rounds.
Images
Similar investors
Cottonwood Technology Fund is an impact investor focused on patent-based hard science and deep tech startups at the pre-seed and seed stage.
Future Positive Capital is an investment firm backing entrepreneurs building companies that address major global challenges and shape more sustainable, preferable futures.
Material Impact is a venture firm that builds and backs deep tech companies powered by material science.
Pangaea Ventures is a hard tech investor that has spent over 25 years backing companies in materials science, chemistry, and biology to address major global challenges.
Lichen Ventures is a venture capital firm backing climate hard-tech companies with strong unit economics across biomanufacturing, industrial decarbonization, adaptation and resilience, critical minerals, and methane management.





