Helsinki · Seed–Growth · 28 people tracked
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Investment thesis
Innovestor operates across three areas. In venture capital, it backs promising early-stage technology and life science & health startups, seeking companies whose breakthrough innovations drive productivity, job creation, and sustainable solutions to complex problems. In real estate, it focuses on cashflow-generating, energy-efficient commercial properties with long-term value appreciation. In energy storage, it invests in integrated battery storage (BESS) and solar solutions to support the clean energy transition, including distributed systems combining local solar, behind-the-meter storage, and AI-optimized capacity aggregation. It also offers corporates VC-level access to the European startup market through advisory, scouting, and partnership services.
Source: firm website, verified Aug 7, 2026.
Team · 28 people
from the firm's website & curatedWhat they invest in
from 150 of 195 portfolio companiesAI & Machine Learning ×40SaaS ×40Enterprise Software ×34Healthtech ×30Hardware ×26Medical Devices ×26Deep Tech ×23Cleantech ×20
HQs:Finland×94United States×7Sweden×3Germany×2Switzerland×1Denmark×1
Who they back
founder profiles across 54 portfolio companiesFounding team size:solo founder×332 founders×153 founders×34+ founders×3
Where their founders studiedfrom 54 founders with education data
University of Helsinki ×9Teknillinen korkeakoulu-Tekniska högskolan ×7Aalto University ×5University of Eastern Finland ×5Haaga-Helia University of Applied Sciences ×4Stockholm University ×3Tampere University of Technology 1965-2018 ×2Turun yliopisto - University of Turku ×2
What their founders studiedfrom 59 founders with field-of-study data
Business & Management ×19Computer Science ×15Engineering ×14Economics ×6Finance & Accounting ×6Physics ×6Social Sciences ×3Life Sciences ×2
Where their founders worked beforefrom 64 founders with career history
Aalto University ×6Nokia ×5ConfidentialMind ×3Puolustusvoimat - Försvarsmakten - Finnish Defence Forces ×3Tuxera ×3University of Oulu ×3Danske Bank ×2eTasku Solutions ×2
6 founders hold a PhD · 7 hold an MBA (of 59 with degree data)
Investments · 195 tracked
founders shown can be your intro pathGlobus Medical designs and manufactures spine, trauma, and robotic surgical products for the orthopedic medical device market.
HardwareHealthtechMedical DevicesRobotics
David C. Paul(Executive Chairman; founder and CEO from inception in 2003 until August 2017)inKeith Pfeil(President and Chief Executive Officer)in
Co-investorsGoldman Sachs
73Health provides a SaaS platform for remote health diagnostics powered by AI, enabling healthcare providers to conduct patient examinations and diagnostics from any location.
AI & Machine LearningDigital HealthHealthtechMedical DevicesSaaSKajaani, FI
Kimmo Nikkanen(CEO)in
BoardJaakko Seppala(Chair)
7SIGNAL provides a cloud-based AI platform for monitoring and optimizing digital experiences across wired and wireless networks, endpoints, and applications.
AI & Machine LearningCloud ComputingEnterprise SoftwareIndependence, US
Ted Schneider(Chief Executive Officer)inKristen Nieberding(Chief Financial Officer)inArt Faccone(Senior Vice President, Services and Support)inShannon Courtney Boulanger(Vice President, Sales)inVeli-Pekka Ketonen(Executive Officer)Russell Wangler(Executive Officer)
Co-investorsAllos VenturesJobsOhio VenturesJumpstart VenturesMutual Capital PartnersTechnology Venture Partners
9Solutions provides indoor location-based safety, communications, and smart care solutions for healthcare facilities to support safe and high-quality care delivery.
Enterprise SoftwareHealthtechIoT
Co-investorsCarrier VenturesDnx VenturesFoundryGS FuturesInnovestorQualcomm Ventures
Aatos is an online legal document service that enables Finnish users to create personal legal documents through a guided questionnaire process, with lawyer review and optional home delivery and registration assistance.
LegalTech
Co-investorsInnovestor
Fast and reliable test results.
Co-investorsInvesdorInnovestor
Actithera develops a chemistry platform for targeted cancer treatment that optimizes radiation dose absorption in tumors while reducing exposure to healthy tissue, with flexibility to pair different radionuclides based on tumor characteristics.
AI & Machine LearningBiotechDeep TechHealthtechMedical Devices
Darshan Dalal(Chief Medical Officer)in
Co-investorsHadean VenturesM VenturesSofinnova Partners4BIO CapitalBioqube Ventures
Adeu.ai builds AI-native legal automation tools for businesses, integrated into platforms like Outlook, Word, Teams, Slack, and Claude Desktop.
AI & Machine LearningEnterprise SoftwareLegalTechHelsinki, FI
Janne Mäkelä(Founder & CEO)inMikko Korpela(Founder)inJanne Makela(Founder)Olli Lehikoinen(Founder)Saija Ekman(Founder)
Co-investorsAntlerAntler AustraliaProdeko Ventures
AegisNet builds a physical net barrier designed to stop high-energy FPV drone strikes and protect crews and critical payloads in the final meters.
Deep TechDefense TechHardware
AISPECO manufactures advanced multi-sensor geospatial data collection platforms incorporating LiDAR, hyperspectral, optical, and thermal imaging technologies for airborne, mobile, and stationary applications.
AI & Machine LearningDeep TechHardware
Co-investorsSuperhero Capital
Alex Therapeutics builds clinically validated digital therapeutics and therapy companion apps that combine CBT-based interventions, consumer product design, and AI/ML to support patients managing complex conditions such as rare diseases and cancer.
AI & Machine LearningDigital HealthHealthtechMedical Devices
John Drakenberg(Co-founder)inOliver Fleetwood(Co-founder)in
Co-investorsHadean VenturesScale CapitalBonit CapitalInnovestor
Amplifiles provides an AI-powered platform that converts listing photos into professional videos for real estate agents, photographers, and realtors.
AI & Machine LearningMarketing TechPropTech
Pekka Äijälä(Founder)inTommi Keränen(Founder)in
AuresSound™ is an IoT-based platform that improves operational excellence and equipment effectiveness by providing real-time acoustic and technical data monitoring for manufacturing and industrial processes to reduce stoppages, optimize cycles, and lower CO2 emissions.
Advanced ManufacturingData & InfrastructureIoTUmeå, SE
Antti R. Leskinen(CEO)in
Co-investorsHitecVision Advisory AS
Aplicom provides telematics and fleet management solutions for logistics and transportation companies using IoT and software systems to track and optimize vehicle operations.
Climate TechEnterprise SoftwareIoTLogistics & Supply ChainJyväskylä, FI
Vesa Helkkula(Chairman of the Board, Founder)inHarri Mikkonenin
Aranda is a pharmaceutical company focused on developing and commercializing prescription and OTC products.
BiotechDigital HealthHealthtechMedical Devices
Mika Käyhkö(CEO)in
Co-investorsInvesdorInnovestorTesi (Finnish Industry Investment Ltd)
ArcDia International develops and manufactures in vitro diagnostic solutions for acute infections such as COVID-19, influenza, RSV, and CDI, enabling rapid decentralized testing in hospitals, healthcare centers, and workplaces.
AI & Machine LearningDigital HealthHealthtechMedical DevicesTurku, FI
Co-investorsLifeline Ventures
Aurealis Therapeutics is a Swiss-Finnish clinical-stage company developing multi-target bacterial gene therapies based on genetically engineered Lactococcus cremoris, using a modular platform that produces multiple human therapeutic proteins directly in diseased tissue.
BiotechDeep TechHealthtechMedical Devices
Juha Yrjänheikki(CEO)inLaurent Décory(COO)inHanna P. Lesch(Chief Technology Officer)in
Co-investorsNostetta Ventures
BBS-Bioactive Bone Substitutes was a Finnish biomedical company that developed and sold ARTEBONE, a tricalcium-phosphate bone-graft substitute for treating bone defects.
BCB Medical is a clinical data analytics company that collects, processes, and analyzes real-world health data from hospitals, healthcare professionals, and patients to support evidence-based treatment decisions.
Data & InfrastructureDigital HealthHealthtechHelsinki, FI
Co-investorsBackstage ABStandout Capital IIInnovestorTesi (Finnish Industry Investment Ltd)
Bioretec develops fully biodegradable orthopedic implants for fracture healing and orthopedic surgery, including the RemeOs product line based on magnesium alloy and the Activa line of bioabsorbable implants.
BiotechDeep TechHealthtechMedical DevicesHelsinki, FI
Professor Pertti Törmälä
BitBar is a cloud-based testing platform for running manual and automated tests of web, native, and hybrid apps across real browsers and devices without maintaining a physical device lab.
Cloud ComputingDeveloper ToolsSaaS
Jouko Kaasila(Founder)in
Co-investorsCreathor VenturesInventure
Blok Garden designs and implements urban gardening solutions including mobile growing boxes, permanent urban cultivation areas, and biodiversity initiatives to increase food production and environmental impact in cities.
AgTechClimate TechImpact & Social GoodHelsinki, FI
Bout is a mobile platform that connects users seeking boat rides with boat operators and owners, functioning as a ride-share service for maritime transportation.
B2B MarketplacesConsumerMarketplacesMobility & TransportationHelsinki, FI
Joonas Sipari(Founder)in
Co-investorsEIT Urban Mobility Accelerator
Brinter develops 3D bioprinting technology for regenerative implants.
BiotechDeep TechHealthtechMedical DevicesSanta Monica, US
Tomi Alapaattikoski(CEO, Co-founder)Tom Alapaattikoski(CEO)
Co-investorsTechstarsInnovestorPlug and Play Ventures
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Co-investorsMidinvest Management Oy
Cajo Technologies develops laser-based marking solutions for product traceability without chemical additives, serving manufacturers in materials processing and industrial sectors.
Advanced ManufacturingCleantechKempele, FI
Co-investorsEmerald Technology Ventures AgVNT ManagementTesi (Finnish Industry Investment Ltd)
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 CapitalInventureVentureFriendsInnovestorInventureTesi (Finnish Industry Investment Ltd)
Capilyst is building a financial intelligence platform that gives finance teams one structured way to run recurring work such as collecting inputs, updating forecasts, reviewing actuals, explaining changes, and producing reports.
Enterprise SoftwareFintechSaaS
BoardJuhani Kähärä(Senior Technical Advisor)
CardioSignal develops digital cardiac biomarkers using motion sensors in smartphones to detect heart disease without additional devices, targeting patients and primary care systems globally.
AI & Machine LearningDigital HealthHealthtechMedical DevicesTurku, FI
Tuomas Valtonen(COO, Co-founder)Juuso Blomster(Founder, CEO)inIlkka Korhonen(Chief Technology Officer)inKristiina Santalahti(Research & Quality Director)in
Co-investorsDigiTx Partners LLCSandwaterStart CapitalMaki.vc
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-investorsBerliner Volksbank VenturesOCCIDENTRedstoneTane FundHTGFInnovestor
Oleksandr Zadorozhnyi(Founder)in
MYTOGEL is an online lottery betting platform offering multiple digital lottery markets from various countries including Singapore, Hongkong, Macau, Sydney, and Taiwan through a single integrated platform accessible on desktop and mobile devices.
B2B MarketplacesConsumerGamingSocial
Emilia Lahtinen(Founder)in
ConfidentialMind provides a software platform for building and deploying generative AI applications and agents that can safely process confidential data while maintaining security.
AI & Machine LearningCloud ComputingEnterprise SoftwareEspoo, FI
Markku Räsänen(Founder)inSeveri Tikkala(Founder)inEsko Vähämäki(Founder)in
Co-investorsD11ZFailup Ventures
Coubonga is a platform that enables businesses such as bowling alleys, online shops, hair salons, and restaurants to reach their customers by publishing digital coupons in real-time through a mobile application.
Consumer
Daniel Agava(Founder)inAapi Sotaniemiin
Cronvall is a Finnish e-commerce platform for purchasing industrial and construction products, offering competitive pricing, transparent availability, order tracking, and fast delivery from a network of over 100 suppliers.
Advanced ManufacturingAI & Machine LearningB2B MarketplacesConstruction TechE-commerceEnterprise SoftwareLogistics & Supply ChainFinland, FI
Walter MasalininToomas Lehtonenin
Co-investorsGreencode VenturesInnovestor
DealDash is a pay-to-bid online auction marketplace for consumer goods.
Marketplaces
Co-investorsSpintop 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
DEEP Measures enables the adoption of harmonized digital health measures across the pharmaceutical, tech, and regulatory ecosystem.
AI & Machine LearningBiotechDigital HealthEnterprise SoftwareHealthtech
Co-investorsLifeline Ventures
Matrix42 (Efecte) provides an AI-powered platform for intelligent service management, covering IT service management, asset management, and endpoint and identity security, with flexible cloud, private cloud, or on-premise hosting.
AI & Machine LearningEnterprise SoftwareSaaS
Elina is an AI-powered assistant designed specifically for early childhood educators that helps with lesson planning, documentation, child profiles, and activity suggestions tailored to individual classrooms and children's needs.
AI & Machine LearningEdTechJärvenpää, FI
Enterspeed is an enterprise-grade data orchestration platform that connects systems, structures data, and integrates information across multiple sources for retail and e-commerce businesses.
Data & InfrastructureE-commerceEnterprise SoftwareSaaSAarhus, DK
Co-investorsPSV
Evenpay is a compensation and pay equity platform for HR and Comp & Ben teams at European companies, letting them build job architecture and pay structures, run merit/pay review cycles, and meet EU Pay Transparency Directive requirements.
FintechHR TechSaaS
Fashion Center is a Finnish event and exhibition space for fashion brands and companies, offering facilities, calendar booking services, sample sales, and brand showcasing opportunities.
ConsumerRetail TechHelsinki, FI
Feelingstream provides an AI-powered conversation intelligence platform that transcribes and analyzes customer conversations across multiple languages using speech-to-text and NLP models.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSTallinn, EE
Terje Ennomäe(Chief Executive Officer & Co-founder)inLauri Ilison(Chief Technology Officer & Co-founder)in
Co-investorsGorilla Capital
Fiksuruoka is an online marketplace that sells surplus and near-expiration food products, cleaning supplies, and other goods at discounted prices to reduce food waste.
Circular EconomyE-commerceFoodTech
Juhani Järvensivu(Founder)inRichard Lindroos(Founder)in
Co-investorsProdeko VenturesInnovestorVerdane
FPSystem develops biometric identification technology using near-infrared (NIR) technology for secure and discreet identification purposes.
Deep TechHardware
Janne Takaloin
Flaxwood manufactures electric, acoustic, and hybrid guitars using natural fiber-reinforced thermoplastic composite material produced via patented injection molding technology.
Advanced ManufacturingConsumerHardwareNew MaterialsJoensuu, FI
Friends & Furniture, now rebranded as KHOY, designs and sells furniture such as sofa beds, daybeds, beanbags and poufs to consumers across Europe.
ConsumerDirect to ConsumerE-commerce
Visa F.(CEO)
Galton Voysey is an early-stage private equity firm that provides permanent capital and hands-on operational support to e-commerce portfolio companies, handling functions from product design and manufacturing to advertising and inventory management.
E-commerceEnterprise Software
GBC connects Microsoft Teams to the public telephone network through certified AudioCodes Direct Routing service, enabling businesses to make and receive calls while managing call queues and phone numbers within Teams.
Cloud ComputingEnterprise SoftwareSaaS
Ginolis develops automated microfluidic manufacturing systems for diagnostics and medical device production, with high-precision dispensing, assembly, and quality control solutions.
Advanced ManufacturingHardwareMedical Devices
Kauko Väinämö(CEO)in
Co-investorsInvesdor
Goodmill Systems manufactures router solutions for reliable, operator-independent mobile and fixed broadband connectivity in demanding environments.
HardwareIoTLogistics & Supply Chain
Petteri Suomalainen(Chief Executive Officer, Co-Founder)inJari Tuliluoto(Chief Technology Officer)in
Herantis Pharma is a public pharmaceutical company listed on Nasdaq First North Growth Market Finland, focused on developing therapeutic treatments.
BiotechDeep TechMedical Devices
Antti Vuolanto(CEO)in
Co-investorsBroadview Ventures
HTM°Solutions develops software for non-invasive human thermal status monitoring, serving individuals and organizations in extreme conditions, hardware manufacturers, and safety-critical applications where heat stress monitoring is essential.
AI & Machine LearningHardwareHealthtechHelsinki, FI
HyperIn builds a unified platform for commercial real estate property managers to manage operations, tenant communication, revenue reporting, and asset optimization in a single system.
B2B MarketplacesEnterprise SoftwarePropTechSaaS
Markus Porvari(Founder)in
Hytrade provides AI-powered software and managed services that help renewable energy producers and green industry consumers optimize electricity trading and manage price volatility in the power market.
AI & Machine LearningCleantechEnergy
Co-investorsGorilla Capital
Icareus is a video platform that enables organizations to create, manage, and share videos, webinars, and livestreams for business use cases including sales, marketing, HR, training, and internal communications.
Marketing TechMedia & EntertainmentSaaSHelsinki, FI
Toni Leiponen(Founder)in
IndoorAtlas develops an indoor positioning platform that enables mobile apps to determine location and navigate indoors using geomagnetic technology.
Deep TechDeveloper ToolsHardwareIoTOulu, FI
Janne Haverinen(Founder)inMikko Perttunen(Founder)in
Co-investorsBose VenturesLifeline VenturesMobility VenturesSCB 10XBaidu
Innomost develops biobased raw materials from birch bark for use in cosmetics, packaging, coatings, adhesives, and industrial applications, replacing fossil-based alternatives.
BiotechCircular EconomyCleantechNew Materials
Co-investorsTesi (Finnish Industry Investment Ltd)
Jaakko Saini(Founder)in
Juno is a family-focused healthcare provider offering primary care, urgent care, women's health, pediatrics, mental health, rheumatology, and weight management services in a modern, welcoming environment with transparent pricing and extended hours.
Digital HealthHealthtech
Akili Hinson MD MBA(Founder)in
Co-investorsHabitat PartnersNext VenturesRareBreed VenturesSerena VenturesAda VenturesArtesian+9 more
JunoIQ provides a structured intelligence platform that validates and standardizes sustainability data across multi-brand retail portfolios, turning brand-level attributes into actionable insights for buying, marketing, and leadership decisions.
AI & Machine LearningRetail TechSaaSBarcelona, ES
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-investorsInnovestorZubi Capital
Kletta provides an accounting and bookkeeping application for self-employed individuals and sole proprietors, replacing spreadsheets and outdated digital tools with expense management and financial tracking capabilities.
FintechSaaS
Matti Lannetta(CEO/Founder)inSami Verkkoperä(Co-Founder, CPO)in
Linear provides an all-in-one sales and marketing platform designed specifically for real estate brokers, offering customer relationship management, lead management, property listings, reporting, and marketing automation tools.
Enterprise SoftwarePropTechSaaSHelsinki, FI
Miro Eriksson(Co-Founder & CEO)inAlex Silvennoinen(Co-Founder & CSO)in
Co-investorsSequoia CapitalSuperhero CapitalElectric Capital
Luxmet provides real-time measurement and control solutions for metallurgical processes, including electric arc furnaces, ladle furnaces, and high-temperature systems used in steel production.
Advanced ManufacturingDeep TechIoTNot found, FI
Co-investorsInnovestor
LymphaTouch is a Finnish health technology company that manufactures a medical device combining negative pressure and mechanical vibration for manual therapy applications including edema management, soft tissue mobilization, scar therapy, and pain management.
Deep TechHealthtechMedical DevicesHelsinki, FI
Maculaser develops a temperature-controlled retinal laser therapy to treat age-related macular degeneration, diabetic macular edema, and other retinal disorders by activating natural healing responses in eye cells.
BiotechDeep TechHealthtechMedical DevicesHelsinki, FI
Jani Tirronen(CEO)inTeemu Turunen(Chief Scientific Officer, PhD)inOssi Kaikkonen(Head of Product)inJaakko Nieminen(CTO, PhD)in
Co-investorsZEISS Ventures
A software platform that uses AI to automatically generate Building Information Models (BIM) from architectural drawings in PDF, PNG, or JPG formats, enabling users to streamline BIM creation and export to standard formats like IFC and Excel.
AI & Machine LearningConstruction Tech
Medlyse develops a non-invasive diagnostic platform that analyzes exhaled breath gases combined with AI-based interpretation to detect diseases early and support clinical decision-making across the patient lifespan.
AI & Machine LearningHealthtechMedical DevicesHelsinki, FI
Meetin.gs is a meeting scheduling tool for distributed teams that displays availability in local time across time zones, runs availability polls, rotates inconvenient meeting slots, and records decisions centrally.
Enterprise SoftwareFuture of WorkSaaS
A Finnish-language content site publishing articles about online casinos and responsible gambling, including guides on mobile casino play and payment methods.
Media & Entertainment
Markku Salmela(Founder)in
MetGen develops industrial enzymes for bio-based chemical and material production from biomass and wood feedstocks.
AgTechBiotechCircular EconomyCleantechNew Materials
Co-investorsEmerald Technology Ventures AgTesi (Finnish Industry Investment Ltd)
Miradore is a device management platform that enables organizations to manage Android, Windows, iOS, and macOS devices from a single portal.
Cloud ComputingCybersecurityEnterprise SoftwareFuture of WorkIoT
Co-investorsInventureStandout Capital II
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-investorsButterfly VenturesInvesdorKorpun Siemen OyVoima VenturesButterflyTesi (Finnish Industry Investment Ltd)
Myontec develops wearable technology (MShorts Plus and MSleeves) that monitors muscle activation and load in real time across quadriceps, hamstrings, glutes, and adductors for team sports athletes and coaches focused on performance optimization and injury prevention.
AI & Machine LearningDigital HealthHardwareHealthtechIoTSports TechFinland, FI
Pekka Tolvanen(Founder)in
Netled designs, builds, and operates controlled environment agriculture (CEA) farming systems for indoor food production serving the retail and food industry.
AgTechCleantechClimate TechPirkkala, FI
Niko Kivioja(Chief Executive Officer)inJohanna Kivioja(Head of Procurement)inSanna Rosnell(Director, Administration)in
Ninyes is an e-commerce company offering summer sale products with a newsletter subscription service that provides discounts and information about campaigns, drops, and recycling initiatives.
Circular EconomyE-commerce
Nordic Simulators provides modern simulation training systems and equipment for educational and professional institutions, including patient simulators, recording and debriefing software, and procedure models for healthcare, emergency services, law enforcement, and corporate training.
EdTechHealthtechMedical DevicesFinland, FI
Noux provides AI-enhanced digital sales rooms that let B2B sales teams share sales documents, send personalized videos, and interact with a customer's buying group.
AI & Machine LearningSaaSSales Tech
Oceanvolt develops electric propulsion systems for sailboats and marine vessels, replacing traditional diesel engines with sustainable electric alternatives.
CleantechEnergyHardware
Janne Kjellman(Founder)in
Co-investorsBlu Estates SàrlInvesdor
OGOship is a third-party logistics (3PL) provider that offers fulfillment and post-purchase services for eCommerce brands, including branded tracking, returns management, exchanges, store credit, and AI-powered customer support across a network of European warehouses.
E-commerceLogistics & Supply ChainSaaSHelsinki, FI
Timo Toivonen(CEO and Co-Founder)in
Co-investorsBuran Venture CapitalFlashpoint Venture CapitalMaki.vcTrind Ventures
Oteran is a Finnish infrastructure construction company specializing in project management and Lean-based production systems for building and repairing infrastructure projects including bridges, roads, municipal utilities, industrial construction, and water projects.
Construction TechFinland, FI
Persona is a platform where users can have conversations with AI avatars created in collaboration with real people (experts, athletes, celebrities) and original fictional characters.
AI & Machine LearningConsumerCreator EconomySocial
Pharmatest provides preclinical research services for drug development, including cell culture assays and animal models for cancer and skeletal disease research.
BiotechDigital HealthMedical DevicesTurku, FI
Jukka Rissanen(CEO)in
Powermat develops wireless power and wireless charging technology solutions for integration into consumer electronics, automotive, robotics, medical devices, and industrial applications.
EnergyEnterprise SoftwareHardwareIoT
Kfir Abuhatzira(CEO and CFO)in
Co-investorsJerusalem Global Ventures
Primex Pharmaceuticals owns and markets specialty anaesthetic pharmaceuticals for perioperative therapy on a global basis.
BiotechHealthtechMedical Devices
Jany Mengelkamp(Board Member & Co-Founder)in
Co-investorsTesi (Finnish Industry Investment Ltd)
PromoRepublic provides a platform for managing social media presence across multiple locations, enabling multi-location brands, franchises, and marketing agencies to maintain consistent corporate messaging while allowing local customization and control.
Enterprise SoftwareMarketing TechSaaS
Co-investors408 VenturesAlfabeatDigital Future Investments LtdFlyer One VenturesHOWZAT PartnersKorpun Siemen Oy+2 more
PS Audio Design develops audio and haptic surface technology that enables devices to produce sound and tactile feedback directly from their surfaces.
ConsumerDeep TechHardwareOulu, FI
PUHI is a Finnish biochar carbon removal company that integrates pyrolysis technology to produce biochar from biomass sidestreams while generating carbon credits and energy through industrial ecosystems.
Circular EconomyCleantechClimate TechHämeenlinna, FI
Tomi Pulkkinen(Chairman & Founder)Esko Salo(Scientific Advisor & Co-Founder)in
Refamo provides fatigue assessment technology for welded steel structures and assets operating under dynamic loads, enabling lifecycle monitoring and durability optimization.
Deep TechHardwareIoTHelsinki, FI
Vesa Aaltonen(Founder)in
Co-investorsKorpun Siemen Oy
Tatu Lyytinenin
Remomedi develops software solutions and services for pharmacies to digitalize their operations and customer service.
HealthtechIoTLogistics & Supply ChainSaaSFinland, FI
BoardSirpa Peura(Chair of the Board)
Retailgrid is an agentic AI platform that consolidates retail data and automates pricing and assortment decisions for mid-market retailers.
AI & Machine LearningEnterprise SoftwareRetail TechSaaSHelsinki, FI
Maxim MorozovDmitrii Suvorovin
Revial is an AI-powered revenue intelligence platform that automatically captures and analyzes meeting conversations to populate CRM systems with qualified data, enabling sales teams to make better decisions and improve deal outcomes.
AI & Machine LearningSaaSSales TechHelsinki, FI
Jone Korpi(Founder)inSamuli Mieskonen 🟣(Founder)in
Ruokaboksi is a meal kit delivery service that provides pre-portioned ingredients and professionally designed recipes to customers, allowing them to prepare meals at home without planning or shopping.
FoodTech
Co-investorsNordic Foodtech VCInnovestorTesi (Finnish Industry Investment Ltd)
Scale Company develops a data-driven platform that helps businesses improve the success rate of new business development and innovation projects.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaS
Janne Roihu(Sales (founder); Chief Growth Officer)inEero Talonen(Product (founder))inJukka Lindström(Tech (founder))in
ScanwAi offers an AI-powered SaaS platform and Android mobile app that detect road surface damage such as cracks, potholes, and raised manhole covers, generating heatmaps and forecasts to support infrastructure maintenance planning.
AI & Machine LearningGovTechSaaS
Scratcher provides a gamification platform that helps companies engage audiences through interactive experiences, offering over 100 ready-to-use templates designed for lead generation, loyalty programs, and customer conversion across ecommerce, retail, and B2B sectors.
AdTechGamingMarketing TechSaaS
Henrik Lund(Founder)inCasper Christiansen(Founder)in
Selko Insights provides tools and insights to help property owners and small to mid-sized businesses implement sustainability goals.
AI & Machine LearningClimate TechEnterprise SoftwareSaaS
Sensmet develops online process analyzers for continuous monitoring and control of liquid samples in industrial applications.
Advanced ManufacturingCircular EconomyCleantechEnergyIoTOulu, FI
Dr. Toni Laurila(Chief Executive Officer)Kalle Blomberg von der Geest(Chief Technology Officer)in
Co-investorsInnovestor
Shimber develops an iridescent, wood-based coating that produces structural color through a cellulose nanostructure, without pigments or petrochemicals.
CleantechDeep TechNew Materials
ShipIt is a Finnish online platform that enables users to arrange and manage package shipments by entering sender and recipient details, package dimensions, and selecting from various carrier options for domestic and international delivery.
Logistics & Supply ChainSaaS
Lari Pihlajapuro(Founder)in
New York, US
Xavier Paul Delestrade(Executive Officer)Etienne Benoit Legangneux(Executive Officer)
Co-investorsInsta VenturesAxiata Digital Innovation FundIntres Capital Partners
SmartBear provides a platform for software testing, design, and observability that helps development teams ensure application integrity throughout the development lifecycle.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSSomerville, US
Co-investorsFrancisco PartnersInsight PartnersToba CapitalVista Equity Partners
SONAI develops an AI-powered cardiac evaluation and monitoring platform that integrates multiple diagnostic methods with cloud connectivity to deliver rapid cardiac insights and support remote analysis in primary care and clinical settings.
AI & Machine LearningDigital HealthMedical Devices
Jyri Seppä(CEO | M.Sc (Econ))in
Sooma Medical develops and manufactures transcranial direct current stimulation (tDCS) devices for treating major depressive disorder, fibromyalgia, and chronic neuropathic pain without medication.
Digital HealthHealthtechMedical DevicesMental HealthHelsinki, FI
Tuomas Neuvonen(CTO)inAndreas Hartlep(CEO)inMika Nikander(COO)in
Co-investorsLifeline VenturesVerge HealthTech FundVoima Ventures
Spectral Engines develops MEMS-based near-infrared spectral measurement systems and cloud platforms for material and product identification across industries including agriculture, semiconductor manufacturing, and medical technology.
AgTechAI & Machine LearningHardwareIoT
Co-investorsInventure
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 ManufacturingCleantechClimate TechDeep TechHardware
Janne Heikkinen(CEO)inAlexander Smirnov(Founder)inNikita Uzhegov(Founder)inTeemu Sillanpää(CPO)
Co-investorsButterfly VenturesD11ZRhapsody Venture PartnersSDGxButterflyInnovestor
Splitgrid is a service that integrates with retail point-of-sale systems to automate commission-based and invoice-based agreements between retailers, suppliers, and property owners, enabling automatic payment distribution based on actual sales.
B2B MarketplacesSaaS
Göran Eriksson(Founder)in
Co-investorsInnovestor
StreamPlay designs and develops embedded vision, Edge AI, and camera systems for defence, security, industrial automation, mobile work machines, and medical imaging applications.
AI & Machine LearningDeep TechHardwareHelsinki, FI
Suntrica is an informational resource offering guides, expert insights, and product reviews about solar energy, battery storage, and renewable energy solutions.
CleantechEnergyMedia & Entertainment
SuperGround develops a food processing technology that maximizes the utilization of fish and chicken in industrial food production, enabling food companies to reduce waste and emissions while creating sustainable products.
Advanced ManufacturingCircular EconomyFoodTech
Santtu Vekkeli(Founder)in
Co-investorsCheck24 VenturesBlue Revolution Investments G.P.
Superlines provides a platform for marketing teams to monitor and optimize their visibility in AI-powered search results like ChatGPT, Gemini, and Perplexity.
AI & Machine LearningMarketing TechSaaSHelsinki, FI
Jere Meriluoto(Chief Executive Officer, Co-founder)Kimmo Ihanus(Chief Technical Officer, Co-founder)in
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-investorsButterfly VenturesWave VenturesZEISS Ventures
Jussi Koskinen(Founder)Sam Atkinson(Founder)Zach Bailet(Founder)
Co-investorsCherry Ventures
Techila Technologies provides a distributed computing engine that allows users to scale computing workloads from laptops to cloud infrastructure, serving investment banks, manufacturers, research institutions, and enterprises seeking to overcome traditional computing limitations.
Cloud ComputingData & InfrastructureDeep TechDeveloper ToolsEnterprise SoftwareTampere, FI
Teppo Tammisto(Founder)in
Telespro Finland specializes in high-quality and innovative medical and emergency response products, with particular expertise in perioperative thermal management for surgical patients and protective clothing for emergency personnel.
Defense TechHealthtechMedical DevicesKuopio, FI
Tenboron develops boron carriers for boron neutron capture therapy (BNCT), a form of targeted radiation treatment for cancer.
BiotechMedical DevicesHelsinki, FI
Juha Jouhki(Chief Executive Officer)in
BoardTimo Veromaa(Chairman)
Co-investorsInnovestor
Transfluent provides professional translation, localization, editing, and transcreation services for businesses across multiple industries, with offerings including API-based ordering through a translation management system.
Enterprise SoftwareMarketing TechSaaSHelsinki, FI
Jani Penttinen(Founder)in
Tribune Therapeutics is a preclinical biopharmaceutical company developing medicines that target CCN protein family signaling (such as CCN2/CTGF) to block fibrotic pathways.
BiotechHealthtech
Ole Kaasbøll(Co-founder)
Co-investorsHealthCapIndustrifondenLifeArc VenturesInvestinorNovo Holdings
Unable to determine - page does not contain company-specific information.
Co-investorsBEENEXTJAFCO AsiaJanuary CapitalRakuten CapitalSurge
Twinbase provides software that helps construction product manufacturers automate the synchronization and standardization of product data across multiple databanks and systems, reducing manual work and integration costs.
Construction TechData & InfrastructureSaaS
Tommi Rimpiläinen(Founder)inJuuso Autiosalo(Founder)in
Untuvia develops proprietary technology to recycle down feathers from textile waste into high-quality recycled down for use in the textile and apparel industry.
Advanced ManufacturingCircular EconomyCleantechNew MaterialsHelsinki, FI
Heikki Kärkkäinen(CEO)inTeemu Lemetti(COO)in
Co-investorsAntlerGF BRYCK Ventures
Uplause provides an interactive fan engagement platform that enables sports teams, venues, and broadcasters to enhance live events through real-time engagement tools including noise measurement, social media integration, and mobile voting features.
Marketing TechSports Tech
Jussi Marin(Founder)in
Co-investorsLifeline Ventures
Vactech develops preventive vaccines and diagnostic technologies for type 1 diabetes, celiac disease, and enterovirus-related conditions.
BiotechDigital HealthHealthtechMedical DevicesHelsinki, FI
Valona provides competitive and market intelligence software for Fortune 500 companies and enterprises to inform strategic business decisions.
AI & Machine LearningData & InfrastructureEnterprise SoftwareMarketing Tech
Kimmo Havu(Chief Executive Officer)inJani Wahlroos(Chief Financial Officer)inStuart Reynish(Chief Product Officer)inNiklas Carling(Chief Revenue Officer)inKati Tammisto(Chief Marketing Officer)inEric Lau(Chief Customer Officer)in
Co-investorsMonterro Growth
Vira builds recruiting and hiring infrastructure for the AI era.
AI & Machine LearningHR Tech
Co-investorsLocalGlobeOctopus Ventures
VividWorks develops a 3D product configuration and visualization platform that enables businesses to let customers customize and visualize products in real-time before purchase.
Advanced ManufacturingE-commerceEnterprise SoftwarePropTechRetail TechSaaSOulu, FI
Henrikki Saraspää(CTO, Co-Founder)Miska Visuri(Board Member, Co-Founder)inJarkko Leppälahti(Chief Executive Officer)in
Co-investorsVendep Capital
Warming Surfaces manufactures patent-protected heated surface systems under the Halia brand that improve energy efficiency in living spaces while reducing carbon footprint.
Circular EconomyCleantechEnergyHardwareOulu, FI
Sanna Rousu(Head of Sustainability and Projects)
Yield Systems provides visual intelligence and crop production analytics for breeders and producers to improve agricultural decision-making.
AgTechAI & Machine LearningHelsinki, FI
Jussi Gillberg(Co-founder)inSami Semenius(CEO)in
Co-investorsBSV Ventures
ZEESAM provides a palm-recognition based payment, access control, and identity system that consolidates multiple functions into a single gesture-based experience for both consumers and businesses.
AI & Machine LearningFintechHardware
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
8waveAdvant GamesAPL SystemsArcDia InternationalArilynAssureBedditBlank&CrisolteQCWP Coloured Wood ProductsDobbelgangerDobbelgängerDodreams Fairytale CompanyEffMagEmma Technology OyEtumaFluff StuffForendo PharmaFree Drop InnovationsGBC NetworksGranariumGranarium TechnologiesIdissIi NetworkIkicarbonInlisolNanofootPage1SensireSpeysTassuespTimergpsWisteq
Exits · 8
1 IPOs · 7 acquisitionsGlobus MedicalNYSE: GMEDBitbaracq. by SmartBearCrisolteQacq. by FortumCWP Coloured Wood Productsacq. by Auroora Yhtiöt OyjEfecteacq. by Matrix42GBC Networksacq. by Somic OyGinolisacq. by CelLinkSmartBearacq. by Francisco Partners
Portfolio news
latest coverage across their companiesRetailgrid · thesaasnews.com · May 19, 2026
Medanets · medanets.com · Mar 5, 2026
Herantis Pharma · biospace.com · Mar 5, 2026
Chip Metrics · chipmetrics.com · Dec 3, 2025
Actithera · prnewswire.com · Jul 9, 2025
73Health · 73health.com · Jun 9, 2025
Cajo · globenewswire.com · May 27, 2025
Frequently asked questions
- How many investments has Innovestor Ventures made?
- Innovestor Ventures has 195 tracked investments, 8 of which have exited.
- What stage does Innovestor Ventures invest at?
- Innovestor Ventures invests at the Seed, Series A, Growth stages.
- What is Innovestor Ventures's typical check size?
- Innovestor Ventures typically writes checks of $270K – $3.2M.
- What sectors does Innovestor Ventures focus on?
- Innovestor Ventures focuses on AgTech, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Deep Tech, Digital Health, Energy, Healthtech, Impact & Social Good, Medical Devices, PropTech, SaaS, Sector Agnostic.
- Where is Innovestor Ventures located?
- Innovestor Ventures is headquartered in Helsinki, FI.
- Does Innovestor Ventures lead rounds?
- Innovestor Ventures typically participates in rounds rather than leading them.
- Who does Innovestor Ventures co-invest with?
- Innovestor Ventures most often shares deals with Invesdor, Inventure, Lifeline Ventures, among 82 tracked co-investors.
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