Helsinki · Pre-Seed–Series A · 9 people tracked
Investment thesis
Maki.vc backs deep tech and technology startups in the Nordic region, emphasizing early conviction by writing a founder's first check and continuing to support through subsequent rounds. The firm presents itself as a hands-on, team-oriented partner rather than passive capital, providing operational assistance across finance, market research, recruiting, strategy, and network introductions. It favors bold, long-term visions such as quantum computing and other frontier technologies built from Europe.
Source: firm website, verified Aug 3, 2026.
Team · 9 people
from the firm's website & public directoriesFounder mafia
2 people who came through Maki.vc went on to found or lead other companies.
What they invest in
from 9 of 16 portfolio companiesAI & Machine Learning ×4Deep Tech ×3Enterprise Software ×3SaaS ×3AdTech ×1Climate Tech ×1Fintech ×1FoodTech ×1
HQs:Finland×3Denmark×1France×1United States×1
Investments · 16 tracked
founders shown can be your intro pathDeepdots builds a product that helps companies understand their customers and prioritize what matters most.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaSCopenhagen, DK
NimaFranFrancisco Arias(Founder)inNima Vali Rajabi(Founder)inVictoria Artiushkina(Founder)in
Co-investorsDawn Capital
QMill develops quantum algorithms for the noisy intermediate-scale quantum (NISQ) era, offering proof-of-concept algorithms that run on simulators or existing NISQ computers.
AI & Machine LearningDeep TechQuantum ComputingHelsinki, FI
Sono (Closio Oy) builds AI-powered voice phone assistants that automate high-volume customer-service and sales calls, handling tasks such as booking appointments, routing calls, answering FAQs, and running satisfaction surveys.
AI & Machine LearningEnterprise SoftwareSaaSSales TechHelsinki, FI
Co-investorsFailup VenturesWave Ventures
CarbonCloud provides a sustainability intelligence platform for food and beverage companies to measure, manage, and reduce emissions across their supply chains.
AI & Machine LearningClimate TechFoodTech
David Bryngelsson(Founder)in
Co-investorsCusp CapitalPeakTS Ventures
CookieYes is a cookie consent management platform that helps businesses comply with global data privacy regulations including GDPR, CPRA, and LGPD.
AdTechEnterprise SoftwareSaaSUnited Kingdom, India
Anvar T K(Founder)in
Co-investorsBrighteye VenturesChemistryE4E AfricaEight Roads VenturesEntrepreneur FirstFrontline Ventures+13 more
Maki.vc is a venture capital firm that invests in early-stage deep tech and startups, with a focus on the Nordics and Europe.
Deep Tech
Co-investorsBeast VenturesPeakTesi (Finnish Industry Investment Ltd)Specialist VC
IXI (Pixie Ray) develops adaptive eyewear with autofocusing lenses that track the wearer's eye movements to adjust focus for near or far vision.
Deep TechHardwareMedical Devices
Co-investorsbyFoundersHeartcore CapitalAmazon Alexa FundBragiel BrothersEurazeofirstminute capital+2 more
Bend, US
Bobby Evers(Manager of Riff LLC)Paul Evers(Manager of Riff LLC)Nate Armbrust(Manager of Riff LLC)
Co-investorsNorthzoneGlobal Founders CapitalIllusianSkyfall VenturesSondo Capital
Customer support automation platform.
FintechHelsinki, FI
Reetu Kainulainen(Founder)inJaakko Pasanen(Founder)in
Co-investorsOMERS VenturesTechFoundersTechstarsFelicis VenturesHV Capital
Valpas provides bed bug detection and prevention solutions for hotels, focusing on safety and sustainability in guest accommodations.
HealthtechImpact & Social GoodPropTechParis, FR
Martim
Co-investorsGlobal BrainRockaway VenturesIcebreaker
Exits · 1
IPOs and acquisitions across the tracked portfolioUltimate.aiacq. by Zendesk
Portfolio news
latest coverage across their companiesRiff · riff.ai · Oct 27, 2025
Maki VC · arcticstartup.com · Sep 30, 2025
Pixieray · techcrunch.com · Apr 29, 2025
Frequently asked questions
- How many investments has Maki.vc made?
- Maki.vc has 7 tracked investments.
- What stage does Maki.vc invest at?
- Maki.vc invests at the Pre-Seed, Seed, Series A stages.
- What is Maki.vc's typical check size?
- Maki.vc typically writes checks of $324K – $3.2M.
- What sectors does Maki.vc focus on?
- Maki.vc focuses on AI & Machine Learning, Deep Tech, Quantum Computing, Sector Agnostic.
- Where is Maki.vc located?
- Maki.vc is headquartered in Helsinki, FI.
- Does Maki.vc lead rounds?
- Yes, Maki.vc leads investment rounds.
- Who does Maki.vc co-invest with?
- Maki.vc most often shares deals with Brighteye Ventures, Eight Roads Ventures, Entrepreneur First, among 26 tracked co-investors.
Media · Podcasts & interviews
featuring the teamMaki.vc:n Sijoitusjohtaja Pauliina Martikainen | Sijoittaminen ja Femtech #122
Futucast · Pauliina Martikainen
Maki.vc:n Partner Ilkka Kivimäki | Teknologia ja pääoma #110
Futucast · Ilkka Kivimäki
Images
Co-investors · 14
Northzone is a technology-focused venture capital firm investing across AI and deep tech on both sides of the Atlantic, backing companies from early stage through growth.
Amazon Web Services (AWS) is Amazon's Seattle-based cloud computing division, offering more than 240 cloud and AI services to customers ranging from startups to large enterprises. Its infrastructure spans over 120 availability zones across dozens of geographic regions worldwide. It is a technology provider rather than an investment firm.
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
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.
Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.
EQT Ventures is the venture capital arm within the EQT platform, backing early-stage European founders building what it calls Generation-Defining Companies.
Anthemis is an investment firm focused on the digital economy, backing companies that reshape financial services and the broader economy for wider benefit.
Foobar is the investment company of Icelandic entrepreneur David Helgason that focuses on supporting startups and investing in technology to accelerate global decarbonization and sustainability efforts.
World Fund is a climate tech venture capital firm that invests in startups with significant climate performance potential, using a proprietary science-based methodology to quantify potential CO2e savings.
Inventure is a generalist early-stage venture capital firm investing primarily across the Nordics and Baltics, having backed over 100 companies since 2005.
Blossom Capital is a European venture capital firm that backs a small number of Series A rounds each year, working closely with founders to support their growth.
Crowberry Capital is a Nordic venture capital firm with offices in Reykjavik, Copenhagen and Stockholm that invests in seed and early-stage startups across the Nordics.
▶2 more co-investors
Firms observed investing alongside Maki.vc, from public investor directories. Shared companies are the overlap with Maki.vc's recorded portfolio.
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