Butterfly Ventures
Venture capitalHelsinki · Seed · 7 people tracked
Investment thesis
Butterfly Ventures invests in seed-stage deep technology companies with meaningful social or environmental impact, particularly from the Nordic region and Baltics. The firm emphasizes early entry at the pre-revenue stage, working closely with founders through a collaborative partnership model. The focus is on hardware and hardware-interfacing software startups that demonstrate strong business fundamentals, with portfolio companies typically achieving revenue generation within six months of initial investment.
Source: firm website, verified Jul 21, 2026.
Team · 7 people
from the firm's websiteSerial entrepreneur and VC veteran with deep technology expertise and strong founder perspective. Known for product focus, competitive analysis, and business model innovation.
Seasoned technology executive and VC professional with extensive experience in corporate management, IPR, and investment transactions. Brings deep knowledge of listed company operations and fund management.
Asset manager and M&A investment banker from New York who transitioned to VC in 2013 and co-founded CAP A. Provides international market expertise and extensive global business development network.
Transaction and fund management specialist with 15 years of experience in entrepreneurship, VC, M&A, and technology management. Known for broad business relationships and deal structuring expertise.
Business development professional with expertise in EU sustainability regulations and impact investing strategy. Brings experience from founding and managing marketing and consulting companies.
Early-stage tech investor and environmentalist focused on deep tech and science-based innovation in Nordic markets. Recognized as one of Sweden's most powerful tech investors with extensive public speaking and board experience.
Legal and financial specialist with 10+ years of experience advising startup deals and investment structures. Provides expertise in Baltic market dynamics and cross-border legal and business matters.
What they invest in
from 5 of 75 portfolio companiesCleantech ×2Deep Tech ×2Healthtech ×2Medical Devices ×2Advanced Manufacturing ×1AI & Machine Learning ×1Climate Tech ×1Digital Health ×1
HQs:Finland×4United States×1
Investments · showing 60 of 75
founders shown can be your intro pathCreandum is a venture capital firm that invests in and supports early-stage companies across sectors including digital music, e-commerce, fintech, AI/ML, mobility, and cleantech. The firm provides portfolio companies with capital, operational expertise, network access, and strategic guidance to help them scale globally.
Sector Agnostic
Inventure is a generalist venture capital firm investing primarily in Nordic and Baltic companies across deep tech, consumer, healthtech, AI, and B2B SaaS sectors. Founded in 2005, the firm has backed over 100 portfolio companies.
AI & Machine LearningDeep TechSaaSHelsinki, FI
Thor Olof Philogène
Monidor develops easy-to-use health technology solutions to support nurses and improve patient safety. The Finnish company serves healthcare providers and operates under ISO 13485 certification.
Digital HealthEnterprise SoftwareHealthtechMedical DevicesFinland, FI
Jukka Kettunen(Chairman of the board)Mikko Savola(CEO)Antti Puolitaival(Chief Medical Officer)
Norsepower develops wind-assisted propulsion systems for maritime vessels to reduce fuel consumption and emissions. The company serves shipping operators and vessel owners seeking to lower operational costs and environmental impact.
CleantechEnergyFinland, FI
Heikki Pöntynen(CEO)Jukka KuuskoskiJarkko Väinämö(COO)
SpinDrive provides active magnetic bearing (AMB) solutions and proprietary software tools for industrial machinery, offering both complete systems and modular components with a focus on energy efficiency and carbon-neutral technology.
Advanced ManufacturingCleantechClimate 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 – $300K.
- What sectors does Butterfly Ventures focus on?
- Butterfly Ventures focuses on Deep Tech, Hardware, Impact & Social Good.
- Where is Butterfly Ventures located?
- Butterfly Ventures is headquartered in Helsinki, FI.
- Does Butterfly Ventures lead rounds?
- Yes, Butterfly Ventures leads investment rounds.
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