🦊/Investors

Butterfly VenturesFull Portfolio

83 tracked investments · listed companies and verified rows first

Butterflybutterfly.vcin𝕏✓ verified

Butterfly Ventures is a European venture capital firm committed to carbon-neutral operations, acquiring emission allowances to offset its annual carbon footprint while investing in early-stage startups.

Advanced ManufacturingClimate TechDeep TechImpact & Social GoodIoTOulu, FI

Johan Wiklund(Founder and CEO)Reinhardt Kotzé(Chief Technology Officer)

Co-investorsTesi (Finnish Industry Investment Ltd)Inflexor Ventures

Taika3Dtaika3d.comin𝕏✓ verified

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-investorsNina CapitalNovaCapital

01 Ventures01ventures.comin

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

Deep Tech

10Lines10linesrobots.comin

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

Construction TechRobotics

Co-investorsKaristaTera Ventures

3Awater3awater.comin𝕏

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

Tuomo Nissinen(CEO & Co-Founder)inJoakim Riikkonen(CTO, Co-Founder & Board Member)Vesa-Pekka Lehto(Chairman of the board, Co-Founder)inTommi Tiihonen(Technology expert & Co-Founder)in

Adamant Healthadamanthealth.comin

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

Paulus Carpelan(CEO, Co-founder)inSaara Rissanen(CTO & Chief Scientist, Co-founder)in

Co-investorsTesi (Finnish Industry Investment Ltd)Voima Ventures

Ampliconyxampliconyx.com

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

Anne Gloveramadeuscapital.com

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

Anne Glover(Co-founder)inHermann Hauser(Co-founder)in

Co-investorsEnterprise Capital FundsSamsung Catalyst FundAmadeus Capital Partners

Atiumatium.se

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

CleantechClimate TechDeep TechGöteborg, SE

Björn Wickman(Co-founder)

Co-investorsChalmers Ventures AB

Birdsviewbirdsview.noinAug 2026

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

Construction TechHardwarePropTechBergen, NO

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

Co-investorsFarvatn VentureEviny VenturesMomentumNordic Makers

Brightplusbrightplus.comin

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-investorsCollateral Good

Cerenioncerenion.comin

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

AI & Machine LearningHealthtechMedical Devices

Coolbrookcoolbrook.comin𝕏

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

Joonas Rauramo(CEO)in

Coolibladecooliblade.comin

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

Advanced ManufacturingCleantechDeep TechEnergyHardwareOulu, FI

Janne Suhonen(Founder)in

Creandumcreandum.comin𝕏

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

Staffan Helgesson(Founder)in

Co-investorsCalm/Storm VCCrane Venture PartnersGolden Sparrow Ventures, LlcTesi (Finnish Industry Investment Ltd)Vintage Investment PartnersAndreessen Horowitz+9 more

Creoircreoir.cominJan 2023

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

Antti Lilja(Founder)inJaakko Mattila(Founder)inOskari Ketola(Founder)in

Cybercoachcybercoach.comin𝕏

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

CybersecurityEdTechEnterprise SoftwareHR TechSaaS

Delosdelos.com

Dan Daly(Founder)inEd Doe(Founder)in

Co-investorsK20 FundSony Ventures Corporation

Elonroad ABelonroad.comin

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)inKarin Ebbinghaus(CEO & Co-founder)inAndreas Sörensen(Co-founder)inKim Malmberg Svedmark(CIO & Co-founder)in

Co-investorsBring VenturesLU Innovation

EmbeDLembedl.comin

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-investorsChalmers Ventures ABFairpoint CapitalSpintop Ventures

Fjuulfjuul.com𝕏

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-investorsKickstart Innovation

Flinderflinder.coin𝕏

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

Alastair Barlow(Co-founder)inLuke Streeter(Co-founder)in

Co-investorsPeakEviny VenturesFarvatn VentureMomentumNordic Makers

Flowflow-computing.comin

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

Timo Valtonen(CEO, Co-Founder)inMartti Forsell(CTO & Chief Architect, Co-Founder)Jussi Roivainen(Chief Designer, Co-Founder)in

Co-investorsSuperhero Capital8VCMVP VenturesNeoNew Enterprise Associates (NEA)Notable Capital+2 more

Gbuildergbuilder.comin𝕏

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

Harri Majala(Founder)in

Co-investorsVendep Capital

Geyser Batteriesgeyserbatteries.comin𝕏

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-investorsVoima Ventures

Happy Plant Proteinhappyplantprotein.comin

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-investorsNordic Foodtech VC

Harvard Business Review’s (HBR)hbr.orgin𝕏

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-investorsCRV (Charles River Ventures)Gunung Capital

Hinstahintsa.comin𝕏

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)inAnnastiina Hintsain

Co-investors500 GlobalK5 Global

Hypertypehypertype.aiin

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-investorsLuminar Ventures

Icebreakericebreaker.vcin𝕏Aug 2017

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-investorsTesi (Finnish Industry Investment Ltd)

Incipientusincipientus.com

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-investorsGU Ventures AB

Incipientus Ultrasound Flow Technologiesincipientus.seinSep 2023

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

Advanced ManufacturingCleantechDeep TechHardwareIoTSweden, SE

Johan Wiklund(CEO, co-founder)inReinhardt Kotzé(CTO, co-founder)inMichal Kotzé(CCO, co-founder)in

Intelecyintelecy.comin

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-investorsSkagerak CapitalYara Growth VenturesInvestinor

Inventureinventure.fiin

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 LearningDeep TechSaaSHelsinki, FI

Co-investorsMetaplanetSuperhero CapitalUnion Square Ventures (USV)Zrosk Investment Management

Iolivingioliving.comin

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

Matti Verkasalo(CEO)in

IPDxipdx.eu

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 Networksknlnetworks.comin𝕏

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-investorsCreandum

Ladimoladimo.fi

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

Meditunerasthmatuner.sein

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)Henrik Ljungberg(Pediatric pulmonologist)in

Mittamitta.fi

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

Monidormonidor.comin𝕏

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

Digital HealthEnterprise SoftwareHealthtechMedical DevicesFinland, FI

Mikko Savola(CEO)inAntti Puolitaival(Chief Medical Officer)in

BoardJukka Kettunen(Chairman of the board)

Co-investorsInnovestor Ventures

Naavanaava.ioin

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

Nordampsnordamps.comin

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-investorsLU Innovation

norsepower_red-01norsepower.comin𝕏

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

CleantechEnergyFinland, FI

Heikki Pöntynen(CEO)inJukka KuuskoskiinJarkko Väinämö(COO)in

Co-investorsClimate InvestmentLifeline VenturesVNT Management

Olfactomicsolfactomics.fiin𝕏

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

Deep TechHardwareIoTMedical DevicesTampere, FI

Omom.co𝕏

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)

Pbsgenerationpbsgeneration.com

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 Tech ABpolar-light-technologies.com

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)

Profilenceprofilence.com

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)

Proximiproximi.ioin𝕏

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

Annina Koskiola(Founder)in

Reactionalmusicreactionalmusic.comin

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

Jesper Nordin(Founder)

Reaktor Venturesreaktorventures.com
Reteinretein.techin𝕏Apr 2023

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 Materials

Co-investorsIndustrifondenNavigare Ventures

Riactriact.aiin

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

Sapotechsapotech.fiin

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

Sarokalsarokal.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 companysequoiacap.com

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-investorsCalm/Storm VCDigerati InvestmentsLeonis CapitalMoth FundPhaze VenturesXYZ Venture Capital

Sisusemisisusemi.comin

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

Pasi Pietilä(Founder)in

SITRApepins.com

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

B2B MarketplacesFintechMarketplacesSaaS

Slushslush.org

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

Small Giant Gamessmallgiantgames.comin

Helsinki-based mobile game developer building social, long-lifecycle games, operating since 2013.

Co-investorsSisu Game VenturesSpintop VenturesCreandumEQT Ventures

SpinDrivespindrive.fiin

SpinDrive develops active magnetic bearing (AMB) technology and provides services spanning client-specific AMB system design, parts supply, and commissioning for manufacturers of high-speed machines.

Advanced ManufacturingCleantechClimate TechDeep TechHardware

Alexander Smirnov(CTO)inJanne Heikkinen(CEO)inNikita Uzhegov(COO)inTeemu Sillanpää(CPO)

Co-investorsD11ZInnovestor VenturesRhapsody Venture PartnersSDGx

SpinDrivespindrive.comin

SpinDrive designs, supplies and supports active magnetic bearing (AMB) systems and controller platforms for industrial OEMs whose high-speed machinery depends on bearing performance and lifecycle cost.

Advanced ManufacturingDeep TechHardware

Alexander Smirnov(Founder)inNikita Uzhegov(Founder)in

Co-investorsRhapsody Venture PartnersSDGxInnovestor

Sports Trackersports-tracker.com

Sports Tracker is a mobile app for iOS, Android, and Apple Watch that lets users track, explore, and analyze their sports and fitness activities.

ConsumerSports TechWellness & Fitness

Springvestspringvest.fiin

Springvest is a Finnish growth investment service that lets private individuals, family offices, and institutional investors invest in unlisted domestic technology companies, either directly through funding rounds or indirectly via Springvest Oyj shares.

Fintech

Stealthcasestealthcase.fiin𝕏

StealthCase develops glass antenna technology and passive signal repeaters integrated into building materials to enhance mobile connectivity in energy-efficient buildings.

Construction TechDeep TechHardwareIoTNew MaterialsTampere, FI

Stratecherystratechery.com

Stratechery provides independent analysis of technology and media strategy, and technology's impact on society through weekly free articles and subscriber-only daily updates for a global audience of technology executives, investors, and enthusiasts.

AI & Machine LearningMedia & EntertainmentUnited States, US

Ben Thompson

Surgifysurgifymedical.com

Surgify Halo is a medical technology company that develops innovative bone cutting technology designed to improve safety, precision, and efficacy in surgical procedures.

Deep TechHealthtechMedical Devices

Co-investorsInnovestor VenturesWave Ventures

Tamturbotamturbo.comin𝕏

Tamturbo manufactures oil-free compressed air compressors using active magnetic bearing technology for industrial applications.

Advanced ManufacturingCleantechEnergyHardwareTampere, FI

Kimmo Laine(Co-founder)Jaakko Säiläkivi(Co-founder)in

Tvmmediatvmmedia.comin

TVM places brand advertising in physical retail and out-of-home environments near the point of purchase, offering high-dwell-time exposure through creative content.

AdTechMarketing Tech

Co-investorsDeBa Ventures

Upright Modeluprightproject.comin

Upright provides an AI-powered platform that quantifies real-world environmental, social, and governance impacts for investment portfolios by analyzing product-level business activities against scientific research.

AI & Machine LearningClimate TechData & InfrastructureFintechImpact & Social GoodHelsinki, FI

Co-investorsPlanet A Ventures

Uutescientificuutescientific.com𝕏

Uute Scientific is a microbiome science company, spun out of research at the University of Helsinki and Tampere University, that develops a nature-derived microbial ingredient intended to reduce the risk of immune-mediated and autoimmune diseases.

BiotechHealthtechImpact & Social GoodNew MaterialsWellness & FitnessHelsinki, FI

Valossavalossa.com

Valossa builds multimodal video AI that watches, listens to and reads video content to generate transcripts, captions, metadata, summaries, highlight clips, and brand and content detection, offered through products like Valossa Assistant, Transcribe Pro, and Ad Scout.

AI & Machine LearningDeep TechMedia & EntertainmentSaaS

Mika Rautiainen(Founder & CEO)in

Co-investors01Ventures

Whatismymoviewhatismymovie.com

Valossa is a University of Oulu spin-off that develops video content recognition technology enabling deep search and discovery of video files through pattern recognition and text analysis.

AI & Machine LearningConsumerData & InfrastructureMedia & EntertainmentOulu, FI

Zennizzenniz.comin

Zenniz makes an end-to-end smart tennis court system combining electronic line calling (audio sensors and cameras), shot analytics, video review, gamified practice drills, and live match streaming tools.

HardwareIoTSports TechHelsinki, FI

Sebastian Laine(Founder)

Co-investorsSuperhero Capital

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ConexbirdCubiDaisyvarhaiskasvatusEvokailabsKyynelNtrainPopit

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.