Fundraising FoxCourage Ventures Funds
Venture capitalHelsinki · Seed–Series A · 4 people tracked
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Investment thesis
Courage Ventures invests in early-stage digital health startups across the Nordics and Baltics, a region it views as having a sophisticated digital health ecosystem poised to drive future innovation. The firm cites exceptional access to early deal flow through extensive regional networks and a track record of helping Nordic companies enter the US, which it considers the most attractive growth and exit market in healthcare. Sustainability is central to its approach: it applies ESG-based selection criteria to back startups that treat environmental, social, and governance factors as strategic priorities.
Source: firm website, verified Aug 3, 2026.
Team · 4 people
from public directories
What they invest in
from 2 of 11 portfolio companiesDigital Health ×1EdTech ×1Healthtech ×1Mental Health ×1Wellness & Fitness ×1
HQs:Finland×1United States×1
Investments · 11 tracked
founders shown can be your intro pathA certification listing page for educational technology products and platforms used in learning contexts.
EdTech
Co-investorsKickstart Innovation
Meru Health delivers digital mental health treatment combining therapy with nutrition, sleep, and breathing interventions.
Digital HealthHealthtechMental HealthWellness & FitnessSan Francisco, US
Kristian Ranta(CEO)inRiku Lindholm(COO)inAlbert Nazander(CTO)inRyan Cummings(CISO)Henri Heliö(Ops Director)Erin Gillung-Hartley(Director Clinical Operations)
Co-investorsBlue Haven InitiativeBold Capital PartnersFoundersX VenturesFoundryIT-Farm CorporationLeksell Social Ventures+12 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Aivo HealthCosmethicsCutoSenseEquallyKindfullMealLoggerMightifierProlocalisRens Original
Portfolio news
latest coverage across their companiesMeru Health · ycombinator.com · May 7, 2026
Frequently asked questions
- How many investments has Courage Ventures Funds made?
- Courage Ventures Funds has 11 tracked investments.
- What stage does Courage Ventures Funds invest at?
- Courage Ventures Funds invests at the Seed, Series A stages.
- What sectors does Courage Ventures Funds focus on?
- Courage Ventures Funds focuses on Cleantech, Digital Health, EdTech, Healthtech, Impact & Social Good.
- Where is Courage Ventures Funds located?
- Courage Ventures Funds is headquartered in Helsinki, FI.
Images
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