Fundraising Fox

Lifeline Ventures

Venture capital

Helsinki · Pre-Seed–Growth · 16 people tracked

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Investment thesis

Lifeline Ventures backs founders at the earliest stages, focusing on pre-seed and seed investments across all sectors. The firm aims to partner with entrepreneurs from the very start of their journey and remain a supportive presence throughout their growth. Drawing on team members' hands-on global experience as founders and senior operators, the firm positions itself as a builder-oriented partner rather than a passive capital source.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Growth
HQ
Helsinki, FI
Leads rounds
Follows
Instruments
Equity
Founded
2009
Tracked investments
157

Team · 16 people

from the firm's website & public directories
Kai Backman· Partnerin𝕏
Miika Nikinmaa
Tatu Miettinen

What they invest in

from 97 of 157 portfolio companies

AI & Machine Learning ×29Enterprise Software ×21SaaS ×19Deep Tech ×14Healthtech ×13Cleantech ×12Hardware ×12Data & Infrastructure ×11

HQs:Finland×36United States×8Denmark×2United Kingdom×2Germany×1European Union×1

Investments · 157 tracked

founders shown can be your intro path
Frontfront.aiin✓ verified

Front AI builds an AI-powered customer service platform that automates service channels with multilingual conversational bots and provides channel strategy optimization tools.

AI & Machine LearningSaaSFinland, FI

Karsakarsa.fi✓ verified

Karsa develops sensitive detectors for airborne chemical analysis using mass spectrometry technology.

CleantechClimate TechDeep TechHelsinki, FI

Mojiworksmojiworks.comin✓ verified

Mojiworks develops games that connect communities through social play on platforms like Discord, Reddit, and Snapchat.

AI & Machine LearningCreator EconomyGaming

Matthew Wiggins(CEO)in

Realmwithrealm.comin✓ verified

Realm builds AI agent infrastructure that transforms a company's go-to-market knowledge into structured context for agents to use, helping revenue teams automate RFP responses and business case generation.

AI & Machine LearningEnterprise SoftwareSales Tech

Sulapacsulapac.comin𝕏✓ verified

Sulapac develops a biodegradable plastic alternative made from biomaterials that breaks down fully without leaving microplastics, designed for use in packaging and consumer products across industries including cosmetics and food service.

Circular EconomyCleantechNew MaterialsHelsinki, FI

Suvi HaimiinLaura Tirkkonen-Rajasalo(Co-founder)in

Tiltbiotiltbio.comin✓ verified

TILT Biotherapeutics develops an investigational adenoviral immunotherapy platform for treating solid tumor cancers, with late-stage development of TILT-123 for head and neck cancer treatment.

BiotechHealthtechMedical DevicesHelsinki, FI

Akseli Hemminki(Founder and CEO)

Meru Healthmeruhealth.comin𝕏

Meru Health delivers digital mental health treatment combining therapy with nutrition, sleep, and breathing interventions.

Digital HealthHealthtechMental HealthWellness & FitnessSan Francisco, US

Kristian Ranta(Founder/CEO)inRiku Lindholm(Founder/COO)inAlbert Nazander(Founder/CTO)inJoshua Felser(Director)

Board seatTimo Ahopelto· per SEC Form D

Aivenaiven.ioin𝕏

Aiven provides an open source data platform designed for AI-readiness that enables businesses to build and deploy data applications across enterprise and startup segments globally.

Cloud ComputingData & InfrastructureDeveloper ToolsHelsinki, FI

Akkurateakkurate.fi
Altum Technologiesaltumtechnologies.comin

Altum Technologies develops ultrasound technology for industrial cleaning, fouling prevention, and separation in production processes.

Advanced ManufacturingAI & Machine LearningCleantechClimate TechEnterprise SoftwareIoTHelsinki, FI

Matias Tainela(CEO)Bo Malmberg(CCO)Edward HaeggströmPetro Moilanen(CScO)Timo Rauhala(CTO)

Ambio
Ambiomaterialsambiomaterials.com

Ambio operates a platform that facilitates buying and selling of recycled plastics, connecting suppliers and buyers through a data-driven approach.

B2B MarketplacesCircular EconomyNew MaterialsUnknown

Ambroniteambronite.com𝕏

Ambronite produced a plant-based meal shake powder designed as a convenient meal replacement.

FoodTechWellness & FitnessSan Francisco, US

Mikko Ikola(Executive Officer, Director)Simo Suoheimo(Executive Officer, Director)Amo Paula(Executive Officer, Director)

Applifier
ArcDiaarcdia.comin𝕏

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

Arcticinstarcticinst.io

Arctic Institute manufactures travelling-wave parametric amplifiers (TWPAs) for quantum computing applications, particularly for superconducting qubit readout and high-Q resonator measurements.

HardwareQuantum Computing

Arexarex.io
Betterdoctorquestanalytics.comin𝕏
Bjorn Brandtzaeg Activephotoncycle.comin

Photoncycle develops energy technology for powering homes, currently being piloted with Norway's largest house builder and planned for large-scale manufacturing starting in 2027.

CleantechEnergyHardware

Bjorn Brandtzaeg(Founder and CEO)in

Blast
Blastproseriesblastproseries.com𝕏

BLAST.tv is a hub for competitive esports that covers Counter-Strike, Dota 2, and Rocket League with tournament schedules, live scores, stats, and fantasy mini-games for esports fans.

GamingMedia & EntertainmentCopenhagen, DK

Blokblok.ai𝕏

Blok is a digital real estate agency that helps homeowners sell properties with lower commission fees (averaging €6,000 savings) and provides an advanced valuation tool for property assessment.

B2B MarketplacesPropTechSaaSFinland, FI

Blokblok.fitin𝕏

Blok provides a platform where fitness instructors can offer live classes, sell recorded content, monetize specialized services, manage brand partnerships, and build their own branded communities.

ConsumerSan Francisco, US

Sahana Rajasekar(Founder)in

Boughtbought.app
by: DoorDashwolt.comin𝕏

Wolt operates a mobile food delivery platform connecting restaurants, couriers, and customers across multiple European and Asian markets.

E-commerceFoodTechLogistics & Supply ChainMarketplacesHelsinki, FI

Calectracalectra.comin

Calectra develops electrified, high-temperature industrial heat systems designed to reduce costs and emissions for industrial applications.

Advanced ManufacturingCleantechDeep TechEnergy

Pauliina Meskanen(Co-Founder & CEO)Nate Weger(Co-Founder & CTO)

Callstatscallstats.io
callstats.io
Candela 683
Carbo Culturecarboculture.comin𝕏

Carbo Culture develops carbon removal technology leveraging natural processes combined with advanced engineering to remove carbon dioxide from the atmosphere at scale.

AgTechCircular EconomyCleantechClimate TechDeep TechLondon, NL

Henrietta Moon(CEO & Co-Founder)Chris Carstens(Co-Founder)

Clair
Clouder
Cloudersolutionscloudersolutions.comin

Clouder provides building data integration and operational intelligence software for commercial real estate portfolios, connecting directly to building systems to reduce energy consumption and improve asset performance for institutional investors and asset managers.

Climate TechData & InfrastructureEnterprise SoftwarePropTech

Cooler Futurecoolerfuture.com
CRACIcraci.comin𝕏

CRACI develops software tools that help development teams achieve Cyber Resilience Act compliance without impacting development velocity.

CybersecurityDeveloper ToolsEnterprise Software

Juho Niemi(Co-founder and CEO)inDennis Marttinen(Co-founder and CTO)inJaakko Sirén(Co-founder and CPO)inPetteri Pulkkinen(Co-founder and CISO)in

CurifyLabscurifylabs.com

CurifyLabs develops an automated compounding system for pharmacies that uses robotics, GMP-manufactured excipient bases, and integrated quality control software to enable faster, safer preparation of customized medications.

Digital HealthHealthtechMedical DevicesHelsinki, FI

Charlotta TopeliusNiklas Sandler Topelius

Curious AI
Deep Measuresdeepmeasures.healthin

DEEP Measures enables the adoption of harmonized digital health measures across the pharmaceutical, tech, and regulatory ecosystem.

AI & Machine LearningBiotechDigital HealthEnterprise SoftwareHealthtech

Digital Workforcedigitalworkforce.comin𝕏

Digital Workforce Services provides business automation and Agentic AI solutions that automate knowledge work processes for large enterprises.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS

Dispelixdispelix.comin

Dispelix develops and supplies transparent waveguides that function as see-through displays for consumer and enterprise augmented reality devices.

Deep TechHardwareHelsinki, FI

Antti Sunnari(Chief Executive Officer | Co-Founder)Juuso Olkkonen(Chief Scientific Officer | Co-Founder)

Dittoditto.livein𝕏

Ditto provides a distributed database that enables applications to store and access data across mobile devices, edge devices, and cloud infrastructure without relying on centralized servers, using peer-to-peer mesh replication.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise Software

Droppedroppe.comin

Retail Tech

Ductorductor.comin

Ductor builds and operates facilities that convert agricultural waste into sustainable organic fertilizers and biogas for renewable energy production.

AgTechCircular EconomyEnergy

Bernard C. Fenner(CEO)in

Elea & Lilielealili.com
Elva
Enevoenevo.comin𝕏

Enevo provides data collection and optimization software for waste management operations, serving organizations from small independent recyclers to Fortune 500 corporations managing multiple properties and fleets.

Circular EconomyIoTLogistics & Supply ChainSaaSBoston, US

Ever

AI-native full-stack platform modernizing auto retail infrastructure, starting with electric vehicles

Ever Carsevercars.com

Ever operates an AI-native electric vehicle retail platform, buying and selling EVs both online and in-person across the United States.

AI & Machine LearningE-commerceMarketplacesMobility & TransportationRetail TechSan Francisco, US

Lasse-Mathias Nyberg(Co-Founder & CEO)inTJ Casner(Co-Founder & CTO)inMaximilian Quertermous(Co-Founder & COO)in

Everywear Gameseveryweargames.comin𝕏

Metacore is a mobile game developer that creates entertainment for global audiences.

GamingHelsinki, FI

First-of-its-kind consumer healthcare toolbetterdoctor.comin𝕏

BetterDoctor provides provider data verification and attestation services that allow healthcare professionals and large health systems to verify and validate their information with participating health plans to maintain regulatory compliance and directory accuracy.

Enterprise SoftwareHealthtechSaaS<UNKNOWN>

Flow AIflow-ai.comin𝕏

Flow-AI builds infrastructure for production-grade AI agents that operate over structured data and analytical workflows, serving SaaS teams who want to embed reliable, domain-aware agents in their products.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaS

Focalfocal.incin

Focal provides a digital asset management (DAM) platform for performance advertising teams, integrating AI tagging, performance analytics, and automated workflows to accelerate creative production and reduce approval cycles.

AdTechAI & Machine LearningMarketing Tech

Front AI
Go to websiteriskledger.comin𝕏

Risk Ledger builds a third-party risk management platform that connects organizations to monitor and manage cybersecurity risks in their supply chains.

CybersecurityEnterprise SoftwareSaaSLondon, GB

Haydn BrooksDaniel Saul

Goclairgoclair.com

Clair provides an AI-powered assortment and demand planning platform for retailers to optimize inventory decisions and align product selection with consumer demand.

AI & Machine LearningRetail Tech

Grand Cru
Grandcrugamesgrandcrugames.comin𝕏

Grand Cru Games develops mobile native games.

Gaming

Grey Area
Griffin Refineriesgriffinrefineries.com
Helix Nanotechnologieshelixnano.comin𝕏

Helix Nanotechnologies develops mRNA-based therapeutics for disease treatment and environmental applications, currently advancing a COVID-19 vaccine candidate for immunocompromised patients and testing interventions targeting climate challenges.

AI & Machine LearningBiotechHealthtechBoston, US

Nikolai Eroshenko(Founder/CSO)in

Frequently asked questions

What stage does Lifeline Ventures invest at?
Lifeline Ventures invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
What sectors does Lifeline Ventures focus on?
Lifeline Ventures focuses on Climate Tech, Hardware, Healthtech, Marketplaces, SaaS, Sector Agnostic.
Where is Lifeline Ventures located?
Lifeline Ventures is headquartered in Helsinki, FI.
Does Lifeline Ventures lead rounds?
Lifeline Ventures typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Talk / interview

Timo Ahopelto

Co-investors · 22

General Catalyst

General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.

$30M
Unknown Ventures

Unknown is an investment firm focused on emerging market opportunities in live entertainment, biosciences, technology startups, and real estate, with a portfolio spanning music festivals, artist platforms, creator financial services, and event infrastructure.

Atomico

Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.

Balderton Capital

Balderton Capital is a European venture capital firm that backs technology startups and celebrates European entrepreneurs through initiatives such as its 'Built in Europe' campaign.

$5M – $50M
Next47

Next47 is a venture capital firm that invests early, focusing on the product itself before metrics or hype, partnering with founders to help them scale from initial concept to growth.

DN Capital

DN Capital is a global early-stage venture firm founded in 2000, investing in Seed, Series A and select Series B companies across Europe and North America.

$100K – $22M
EQT Ventures

EQT Ventures is the early-stage venture arm of EQT, backing founders building what it calls Generation-Defining Companies, primarily across Europe. It acts as a lead investor, operational advisor, and high-conviction capital provider.

$2.2M – $55M
83North

83North is a global venture capital firm that invests in and helps entrepreneurs build large, category-leading companies across Europe, Israel, and the US.

$100K – $10M
Heartcore Capital

Heartcore Capital is an early-stage venture firm backing European founders from inception through Series A, with a dedicated practice investing in Web3 protocols.

2xN

A fund focused on quantum-inspired technology investments.

foobar.vc

Foobar is a technology and climate investment firm founded by David Helgason, the former CEO of Unity. The firm invests across all stages of technology startups with a particular focus on climate change mitigation and sustainable solutions.

Mosaic Ventures

Mosaic Ventures is a thesis-driven boutique venture capital partnership focused on applied AI, backing European AI founders and helping them scale globally.

$1M – $10M
10 more co-investors

Amadeus Capital PartnersLocalGlobeDig Ventures Management LimitedYes VCAlvenAI FundKOMPAS VCVendep CapitalÜbermorgen VenturesGreencode Ventures

Firms observed investing alongside Lifeline Ventures, from public investor directories.

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