Innovestor
Venture capitalFinland · Pre-Seed–Series A · 28 people tracked
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Investment thesis
Innovestor invests in early-stage technology and life sciences startups that drive productivity improvements and sustainable solutions, as well as energy-efficient commercial real estate and clean energy storage solutions. The firm emphasizes breakthrough innovations that contribute to economic prosperity and responsible business practices, supporting the clean energy transition and distributed renewable energy infrastructure.
Source: firm website, verified Aug 6, 2026.
Team · 28 people
from the firm's websiteWhat they invest in
from 13 of 13 portfolio companiesBiotech ×6Deep Tech ×6Healthtech ×5Hardware ×4Medical Devices ×4Advanced Manufacturing ×3Digital Health ×3AI & Machine Learning ×2
HQs:Finland×6United States×2Denmark×1Sweden×1
Investments · 13 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 22024 · 42023 · 19 dated
Cornea Sense develops diagnostic technology for detecting systemic and ocular diseases through ocular hydration assessment.
BiotechDigital HealthHardwareMedical Devices
Co-investorsKinled Holding
Teitur Trophics is a biotech company developing therapies that target the sortilin family of receptors (SorCS-receptor biology) to activate the brain's natural survival pathways and preserve brain function.
BiotechDeep TechHealthtechLongevityAarhus, DK
Simon Mølgaard(Co-founder & CEO)inAnders Dalby(Co-founder)inMathias Ollendorff(Co-founder)inSimon Glerup(Co-founder)in
Co-investorsIndustrifondenP53 InvestSound BioventuresSunstone Capital
Aplagon is a clinical-stage biopharmaceutical company developing first-in-class therapeutics targeting thromboinflammatory and cardiovascular diseases.
BiotechHealthtechMedical DevicesHelsinki, FI
Sakari Lassila(Founder)in
Co-investorsFSGInnovestor Ventures
Brinter develops 3D bioprinting technology for regenerative implants.
BiotechDeep TechHealthtechMedical DevicesSanta Monica, US
Tom Alapaattikoski(CEO)
Co-investorsInnovestor VenturesTechstarsPlug and Play Ventures
Capalo AI develops AI-powered software to optimize energy storage systems, lower price volatility, and reduce carbon emissions.
AI & Machine LearningCleantechClimate TechEnergyHelsinki, FI
Henri Taskinen(Co-Founder & Chief Executive Officer)inRiku Kukkonen(Co-Founder & Chief Sales Officer)inEerik Jauhiainen(Co-Founder & Chief Technology Officer)inTeemu Lappalainen(Co-Founder & Development Director)in
Co-investorsHeartcore CapitalInnovestor VenturesVentureFriendsInventureTesi (Finnish Industry Investment Ltd)
Chipmetrics provides 3D metrology solutions using test chips and wafers for semiconductor process control, serving semiconductor manufacturers and material developers optimizing deposition processes and yields.
Advanced ManufacturingDeep TechHardwareSemiconductors
Co-investorsInnovestor VenturesOCCIDENTRedstone
Cronvall operates a two-sided digital platform for industrial procurement, letting buyers in manufacturing, construction, and property maintenance find, compare, and purchase materials while giving suppliers tools to digitize inventory and pricing.
Advanced ManufacturingAI & Machine LearningB2B MarketplacesE-commerceLogistics & Supply Chain
Co-investorsGreencode Ventures
Itzagud is a community platform where users collect points through various activities to redeem Steam game keys, participate in giveaways, and bid in auctions.
B2B MarketplacesConsumerGamingMarketplacesStockholm, SE
Johan Selin(Founder)in
Co-investorsGorilla CapitalInnovestor Ventures
HVR Cardio develops medical devices for cardiovascular applications, drawing on a management team with combined expertise in structural heart technologies and medical device commercialization.
BiotechDeep TechDigital HealthHardwareHealthtechMedical DevicesMinneapolis, US
Olli Keränen(Inventor, Founder and CEO)in
Co-investorsIndustrifonden
Kausal develops a SaaS platform that helps cities set climate targets, create actionable climate plans, and monitor progress toward emissions reduction goals.
Climate TechGovTechSaaS
Sonja-Maria Ignatius(CEO, Founder)inTero Tikkanen(Chief Experience Officer, Founder)inJouni Tuomisto(Chief Science Officer, Founder)inJuha Yrjölä(CTO, Founder)in
Co-investorsInnovestor VenturesZubi Capital
Polku Therapeutics is a preclinical CNS drug discovery company developing small-molecule therapies that modulate the PREP–PP2A axis to target tau aggregation and neuroinflammation in neurodegenerative diseases.
BiotechDeep Tech
Timo(Scientific Co-founder)inErik(Scientific Co-founder)inSimon(Chief Executive Officer)inSebastian(Chief Operating Officer)in
Co-investorsTorrey Pines Investment
Soihtu DTx develops a clinical-stage digital therapeutic delivered as a narrative-driven video game designed to treat depression.
Digital HealthGamingHealthtechMental HealthAALTO, FI
Co-investorsNewfund CapitalTechstars
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-investorsButterfly VenturesRhapsody Venture PartnersSDGx
Portfolio news
latest coverage across their companiesAplagon · biospace.com · Jun 29, 2026
Brinter · biopharminternational.com · May 10, 2026
Soihtu DTx · startup-in-europe.com · Apr 19, 2026
Chip Metrics · chipmetrics.com · Dec 3, 2025
Cronvall · finsmes.com · Nov 13, 2025
SpinDrive · finsmes.com · Oct 28, 2025
Frequently asked questions
- What stage does Innovestor invest at?
- Innovestor invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Innovestor focus on?
- Innovestor focuses on AI & Machine Learning, Biotech, Cleantech, Climate Tech, Energy, Healthtech, PropTech.
- Where is Innovestor located?
- Innovestor is headquartered in Finland, FI.
Media · Podcasts & interviews
featuring the teamKuka on Innovestorin Tommi Äijälä? - YouTube
Licence To Fail · Tommi Äijälä
Images
Co-investors · 3
Icebreaker is an early-stage venture capital firm that has backed over 100 teams from the idea stage to seed and beyond since 2017, investing in the Nordic and Baltic region.
Berkeley SkyDeck is UC Berkeley's accelerator and associated fund, formed as a partnership between the Haas School of Business, the College of Engineering, and the Office of the Vice Chancellor for Research, offering startups accelerator resources, advisors, industry partners, and access to accredited investors.
Trind Ventures is an early-stage venture capital firm that backs consumer and community-driven startups across Europe, supporting founders from the first investment through multiple rounds.
Firms observed investing alongside Innovestor, from public investor directories. Shared companies are the overlap with Innovestor's recorded portfolio.
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