Butterfly Ventures

Taika3D provides design automation software for custom orthotics and prosthetics, enabling manufacturers to rapidly generate complex, individually fitted devices.

Advanced ManufacturingAI & Machine LearningCloud ComputingHealthtechMedical DevicesFinland, FI

Steve(Co-founder)PetjaRaunoTimo(Co-Founder and Head of Technology)

Co-investorsNINina CapitalNONovaCapital

01 Ventures is a venture capital firm that invests in and operationally supports early-stage deep tech companies across Europe.

Deep Tech

10Lines manufactures autonomous robots that perform parking lot striping, enabling striping companies to increase productivity with their existing teams.

Construction TechRobotics

Co-investorsKAKaristaTETera Ventures

3AWater develops a portable multimetal water analysis system (MWAS) that enables rapid detection of trace metals in industrial and environmental water samples using X-ray fluorescence technology.

Advanced ManufacturingAgTechCleantechHardwareIoTKuopio, FI

TNTuomo Nissinen(CEO & Co-Founder)inJRJoakim Riikkonen(CTO, Co-Founder & Board Member)VLVesa-Pekka Lehto(Chairman of the board, Co-Founder)inTTTommi Tiihonen(Technology expert & Co-Founder)in

Adamant Health provides AI-powered disease management tools for Parkinson's disease, enabling data-driven treatment decisions and patient-centric care models.

AI & Machine LearningDigital HealthHealthtechMedical DevicesFinland, FI

PCPaulus Carpelan(CEO, Co-founder)inSRSaara Rissanen(CTO & Chief Scientist, Co-founder)in

Co-investorsTETesi (Finnish Industry Investment Ltd)VOVoima Ventures

Ampliconyx designs and manufactures high-performance fiber lasers and gain modules for semiconductor processing, medical devices, LiDAR systems, defense, aerospace, and research applications.

Deep TechHardwareMedical DevicesNew Materials

Amadeus Capital Partners is a UK venture capital firm, founded in 1997, that invests in deep technology companies from seed to growth stage across three areas: Intelligence (AI, advanced computing, quantum), Human (health, medicine, wellness), and Planet (sustainability, energy, materials, space).

AI & Machine LearningDeep TechQuantum Computing

AGAnne Glover(Co-founder)inHHHermann Hauser(Co-founder)in

Co-investorsENEnterprise Capital FundsSASamsung Catalyst FundAMAmadeus Capital Partners

Atium develops a patent-pending electrochemical technology for selective removal of mercury from water, wastewater, and acids.

CleantechClimate TechDeep TechGöteborg, SE

BWBjörn Wickman(Co-founder)

Co-investorsCHChalmers Ventures AB

Birdsview develops a handheld concrete scanner that detects rebar with millimetre accuracy without drilling, running analysis on-device in real time.

Construction TechHardwarePropTechBergen, NO

OSOlav Skogen(CEO and Co-founder)inSimen Husøy(CTO and Co-Founder)inÅsne Ådland-Dale(Head of Strategy and Business Development)in

Co-investorsEVEviny VenturesFAFarvatn VentureMOMomentumNONordic Makers

Brightplus develops eco-friendly coating solutions for luxury glass packaging, including thermolusters with customizable metallic effects for perfume and beauty brands.

Advanced ManufacturingCircular EconomyCleantechNew MaterialsLapland, FI

Co-investorsCOCollateral Good

A medical device company developing EEG monitoring solutions designed for routine use in acute healthcare settings.

AI & Machine LearningHealthtechMedical Devices

Coolbrook develops electrification technology for industrial decarbonization, enabling fossil fuel replacement in heavy industries including chemicals, steel, cement, and petrochemicals.

Advanced ManufacturingCleantechClimate TechDeep TechEnergyGeleen, NL

JRJoonas Rauramo(CEO)in

CooliBlade develops advanced thermal management solutions for industries including renewable energy, telecommunications, and EV charging infrastructure.

Advanced ManufacturingCleantechDeep TechEnergyHardwareOulu, FI

JSJanne Suhonen(Founder)in

Creandum is a venture capital firm whose team is made up of former operators, founders, engineers, and specialists who back startups and their founders.

Sector Agnostic

SHStaffan Helgesson(Founder)in

Co-investorsCACalm/Storm VCCRCrane Venture PartnersGOGolden Sparrow Ventures, LlcTETesi (Finnish Industry Investment Ltd)VIVintage Investment PartnersANAndreessen Horowitz+9 more

Creoir provides embedded, on-device Voice AI technologies — including automatic speech recognition, text-to-speech, and speech signal enhancement — that operate without cloud connectivity.

AI & Machine LearningDeep TechDefense TechOulu, FI

ALAntti Lilja(Founder)inJMJaakko Mattila(Founder)inOKOskari Ketola(Founder)in

CyberCoach is a cybersecurity application developed by Cult Security designed for broad accessibility.

CybersecurityEdTechEnterprise SoftwareHR TechSaaS

Dan Daly(Founder)inEd Doe(Founder)in

Co-investorsK2K20 FundSOSony Ventures Corporation

Elon Road develops wireless charging infrastructure for electric vehicles, offering both stationary charging stations and dynamic in-motion charging roads along with digital monitoring solutions.

CleantechEnergyHardwareMobility & Transportation

Dan Zethraeus(CTO & Founder)inKEKarin Ebbinghaus(CEO & Co-founder)inAndreas Sörensen(Co-founder)inKim Malmberg Svedmark(CIO & Co-founder)in

Co-investorsBRBring VenturesLULU Innovation

Embedl provides software and tools for developing and deploying artificial intelligence on edge devices and embedded systems with constrained computational resources.

AI & Machine LearningDeep TechDeveloper ToolsGothenburg, SE

Devdatt(Co-founder, Professor at Chalmers University of Technology)Hans(CEO and Co-founder)

Co-investorsCHChalmers Ventures ABFAFairpoint CapitalSPSpintop Ventures

Fjuul provides a plug-and-play platform that tracks physical activity and converts it into scored metrics (Fjuul points based on MET values) to power engagement, reward, and wellbeing programs.

Digital HealthInsurTechWellness & Fitness

Co-investorsKIKickstart Innovation

Flinder provides cloud-based finance functions and data analytics services for fast-growth and complex businesses, delivering real-time insight to support business decisions.

Data & InfrastructureEnterprise SoftwareFintechSaaSLondon, GB

ABAlastair Barlow(Co-founder)inLSLuke Streeter(Co-founder)in

Co-investorsPEPeakEVEviny VenturesFAFarvatn VentureMOMomentumNONordic Makers

Flow Computing develops the Flow PPU (Parallel Processing Unit), a licensable on-die parallel co-processor architecture that works alongside CPUs to improve parallel throughput and scalability.

Deep TechHardwareSemiconductorsHelsinki, FI

TVTimo Valtonen(CEO, Co-Founder)inMFMartti Forsell(CTO & Chief Architect, Co-Founder)JRJussi Roivainen(Chief Designer, Co-Founder)in

Co-investorsSUSuperhero Capital8V8VCMVMVP VenturesNENeoNENew Enterprise Associates (NEA)NONotable Capital+2 more

GBuilder provides a cloud-based platform for construction and property developers to manage property-specific documents, perform BIM-based quantity takeoffs for fit-out materials, and handle quality assurance and handover processes.

Construction TechPropTechSaaSOulu, FI

HMHarri Majala(Founder)in

Co-investorsVEVendep Capital

Geyser Batteries develops high-power heavy-duty energy storage systems for industrial applications, with a focus on circular economy principles and sustainable electrification.

CleantechEnergyHardwareHelsinki, FI

Co-investorsVOVoima Ventures

Happy Plant Protein manufactures plant-based protein and carbohydrate ingredients for food manufacturers using a single-step processing technology that converts plant flours into functional ingredients.

Advanced ManufacturingAgTechFoodTechNew Materials

Co-investorsNONordic Foodtech VC

Harvard Business Publishing is a not-for-profit affiliate of Harvard Business School that develops and distributes business education content, leadership development solutions, and management thought leadership through publications, digital platforms, and events.

EdTechEnterprise SoftwareMedia & EntertainmentBoston, US

Co-investorsCRCRV (Charles River Ventures)GUGunung Capital

Hintsa provides performance coaching and wellbeing programmes for athletes, business executives, and organisations, using an evidence-based method developed in Formula 1 by Dr.

Future of WorkSports TechWellness & Fitness

Aki Hintsa(Founder)inAHAnnastiina Hintsain

Co-investors50500 GlobalK5K5 Global

Hypertype is an AI-powered tool that integrates into email workflows to help support and engineering teams quickly respond to tickets with context-aware answers by accessing historical documentation and emails without leaving their inbox.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaSStockholm, SE

Co-investorsLULuminar Ventures

Icebreaker is a venture capital firm investing in idea-stage startup teams across the Nordic and Baltic regions.

Sector AgnosticNorth Attleboro, US

Lasse Lehtinen(Co-founder & General Partner)Aleksi Partanen(Co-founder & General Partner)Riku Seppälä(Co-founder & General Partner)Teddie Wardi(Co-founder & Special Advisor)Julio E. Vega(Mr. Vega is the Secretary of the Issuer.)Mark Brehaut(Executive Officer, Director, Promoter)

Co-investorsTETesi (Finnish Industry Investment Ltd)

Incipientus provides touch-free, in-line sensor solutions for process industries to enable real-time flow visualization and production monitoring.

Advanced ManufacturingCleantechHardwareIoT

Johan Wiklund(CEO, Co-Founder)Reinhardt Kotzé(CTO, Co-Founder)Michal Kotzé(CCO, Co-Founder)

Co-investorsGUGU Ventures AB

Incipientus develops touch-free, in-line sensor solutions for process industries to monitor and analyze non-Newtonian liquids without invasion.

Advanced ManufacturingCleantechDeep TechHardwareIoTSweden, SE

JWJohan Wiklund(CEO, co-founder)inRKReinhardt Kotzé(CTO, co-founder)inMKMichal Kotzé(CCO, co-founder)in

Intelecy provides a no-code AI solution for industrial applications, partnering with service and technology providers to deliver digital transformation and secure data utilization services.

Advanced ManufacturingAI & Machine LearningCleantechEnterprise SoftwareSaaS

Anna Olsson(Co-founder & COO)Camilla Gjetvik(CEO)

Co-investorsSKSkagerak CapitalYAYara Growth VenturesINInvestinor

Inventure is a generalist venture capital firm investing primarily in Nordic and Baltic companies across deep tech, consumer, healthtech, AI, and B2B SaaS sectors.

AI & Machine LearningBiotechDeep TechSaaSHelsinki, FI

Kyle Salem(Executive Officer)Bill Doyle(Executive Officer, Director)Jonathan Balfour(Executive Officer)Richard Rosene(Executive Officer, Director)

BoardBrad Rummer(Director)Richard Deslauriers(Director)

Co-investorsBABalderton CapitalCDCDP Venture CapitalFEFELIX CAPITALMEMetaplanetPAPassion CapitalSTStena Sessan+3 more

ioLiving, operating as SmartKitchen, provides digital tools for professional kitchens and food service businesses, including automated self-monitoring, food waste tracking, and task management to support food safety and productivity.

FoodTechIoTSaaSOulu, FI

MVMatti Verkasalo(CEO)in

IPDX offers a data analytics and predictive modelling platform that helps organisations interpret operational and behavioural data to support financial planning, forecasting, and cost control.

Data & InfrastructureFintechSaaS

KNL builds Cognitive Networked HF (CNHF) software-defined radio systems that provide long-range, beyond-line-of-sight communications for military and security operations.

Deep TechDefense TechHardwareOulu, FI

Co-investorsCRCreandum

A Finnish-language content site providing analysis and coverage of the FIFA Club World Cup 2023, including match strategies, tactics, and player performances.

Media & EntertainmentSports Tech

AsthmaTuner provides digital guidance and support for people living with asthma beyond clinic visits, offering consistent information and management tools accessible outside scheduled appointments.

Digital HealthHealthtechMedical Devices

Björn Nordlund(Research nurse)HLHenrik Ljungberg(Pediatric pulmonologist)in

Mitta is a Finnish measurement and surveying company that recently acquired eSite, a firm specializing in advanced 3D reality capture and modeling of built environments for industrial facilities, factories, and construction sites. eSite offers a SaaS product used by large industrial clients.

Construction TechDeep TechSaaS

Monidor develops easy-to-use health technology solutions to support nurses and improve patient safety.

Digital HealthEnterprise SoftwareHealthtechMedical DevicesFinland, FI

MSMikko Savola(CEO)inAPAntti Puolitaival(Chief Medical Officer)in

BoardJKJukka Kettunen(Chairman of the board)

Co-investorsINInnovestor Ventures

Naava provides indoor greenery for workplaces, including green walls, potted plants, moss walls, and custom planters, along with professional green design, installation, and maintenance offered as a monthly service.

HardwareIoTWellness & Fitness

NordAmps develops semiconductor technology derived from advanced research at Lunds University, bringing previously unreachable semiconductor solutions to market.

Deep TechHardwareSemiconductorsLund, SE

Jan Andersson(CEO)Sven Mattisson

Co-investorsLULU Innovation

Norsepower develops wind-assisted propulsion systems for maritime vessels to reduce fuel consumption and emissions.

CleantechEnergyFinland, FI

HPHeikki Pöntynen(CEO)inJKJukka KuuskoskiinJarkko Väinämö(COO)in

Co-investorsCLClimate InvestmentLILifeline VenturesVNVNT Management

Olfactomics develops gas sensing solutions for medical and industrial applications using advanced sensor technology.

Deep TechHardwareIoTMedical DevicesTampere, FI

Om Malik is a writer, photographer, and venture investor based in San Francisco with three decades of experience in Silicon Valley as a journalist, entrepreneur, and VC.

Media & EntertainmentSan Francisco, US

Om Malik(Partner Emeritus, True Ventures; Writer; Investor)

OZOREON, the brand of Pure Bio Synergy Sweden AB, builds the (H)unit, a patented ozone generator that uses ambient (including humid) air and electricity to disinfect and purify water, surfaces, and air.

CleantechClimate TechHardware

Polar Light Technologies develops micro-LED components and epiwafers for augmented reality, heads-up displays, and head-mounted displays using a monolithic RGB LED architecture.

Deep TechHardwareSemiconductorsLinköping, SE

Per-Olof Holtz(Professor, Founder)

Profilence develops software stability and performance analysis tools used by engineers and quality managers to test the reliability of software in smart devices, medical devices, secure smartphones, and automotive infotainment systems.

AI & Machine LearningDeep TechDeveloper ToolsMarketing TechSaaSFinland, FI

Sami Utriainen(Chief Executive Officer)Mika Mikkelä(Chief Operating Officer)

Proximi.io provides an API-first indoor positioning and navigation platform that lets venues generate interactive 2D/3D maps, AI-powered search, and step-by-step wayfinding across floors and buildings.

Developer ToolsIoTSaaS

AKAnnina Koskiola(Founder)in

Reactional develops adaptive music technology for video games that dynamically responds to gameplay, enabling developers to create immersive soundtracks that enhance player engagement and monetization.

GamingMedia & EntertainmentSaaSStockholm, SE

JNJesper Nordin(Founder)

Retein develops a patented molecular separation technology, based on bio-inspired stabilized channel proteins, to recover high-purity resources such as clean water and lithium from water sources.

CleantechDeep TechNew MaterialsGothenburg, SE

Dr. Simon Isaksson(Cofounder)Prof. Martin Andersson(Cofounder)

Co-investorsINIndustrifondenNANavigare Ventures

RiACT develops RiFLEX, a hardware-agnostic robot operating system and development platform that lets operators and integrators configure, coordinate, and run industrial and collaborative robots through a single interface without traditional programming.

Advanced ManufacturingDeep TechRoboticsValby, DK

Sapotech develops machine vision and AI-based solutions for monitoring and assessing metal production, using image processing, illumination, and deep learning to inspect metallurgical processes across all temperature ranges.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareHardwareIoTOulu, FI

Siemens offers agentic AI workflows integrated into its Questa One verification software portfolio to accelerate integrated circuit design and verification processes.

AI & Machine LearningDeveloper ToolsSemiconductors

Sequoia Capital is a venture capital firm that invests in and partners with startup founders, publishing content such as podcasts, articles, and videos on company building and technology trends.

Sector Agnostic

Co-investorsCACalm/Storm VCDIDigerati InvestmentsLELeonis CapitalMOMoth FundPHPhaze VenturesXYXYZ Venture Capital

SisuSemi provides an atomic-level purification process (ALP) that cleans and orders semiconductor wafer surfaces to remove atomic-scale contaminants and defects, targeting advanced nodes at 3 nm and below.

Deep TechNew MaterialsSemiconductors

PPPasi Pietilä(Founder)in

Pepins is a platform that connects investors with projects and companies seeking capital.

B2B MarketplacesFintechMarketplacesSaaS

Slush is a not-for-profit organization that hosts the world's leading startup event in Helsinki, bringing together European startups, investors, and tech journalists.

Future of WorkSector AgnosticHelsinki, FI

Co-investorsNVNVIDIA