Helsinki · Pre-Seed–Series A · 8 people tracked
Investment thesis
University and research-based B2B food and agriculture tech across the Nordics and Baltics that prioritizes commercial viability, solves business-critical industry problems, and is backed by food-industry LPs (Valio, Heino).
Source: firm website, verified Aug 7, 2026.
Team · 8 people
from the firm's website & public directories
What they invest in
from 17 of 22 portfolio companiesFoodTech ×10Biotech ×6New Materials ×6Circular Economy ×5AgTech ×4Cleantech ×4Climate Tech ×3Consumer ×3
HQs:Finland×7Denmark×1
Investments · 22 tracked
founders shown can be your intro pathÄIO produces sustainable biotechnology-derived ingredients—including oils, emulsifiers, and colorants—for the food, cosmetics, and oleochemical industries, using fermentation and microbial bioprocesses to replace palm oil, coconut oil, and animal-based fats.
BiotechCircular EconomyFoodTech
Co-investorsVoima Ventures
Technology turning edible agricultural and food side products into natural umami; exited in 2025.
Chromologics develops natural red colorants as alternatives to synthetic dyes.
BiotechFoodTechNew Materials
Co-investorsBlue Horizon CorporationCollateral Good
THIC, a chocolate-like product made sustainably from upcycled ingredients.
Endless Food Co. develops THIC, a low-impact alternative to conventional chocolate made using upcycled ingredients, aimed at the large-scale food industry.
Circular EconomyClimate TechFoodTech
Co-investorsRockstart
Enifer produces PEKILO®, a fermentation-derived fungal mycoprotein used as a drop-in protein ingredient for aquafeed, pet food, and human food production.
AgTechBiotechFoodTech
Co-investorsAqua SparkVoima Ventures
Precision fermentation producing mono-terpene aromas in yeast; first product replaces hop farming.
Evodia is a Danish aroma company that uses precision fermentation with proprietary yeast strains to produce monoterpenes, the natural molecules behind flavor and aroma, as a sustainable alternative to plant-derived ingredients.
BiotechCleantechClimate TechDeep TechFoodTechCopenhagen, DK
Co-investorsThe March Group
Hailia makes food products from fish filleting sidestreams—the nutritious back and side portions typically discarded after filleting—turning them into consumer products such as Pulled Rainbow Trout.
Circular EconomyConsumerFoodTech
Happy Plant Protein develops a process that converts flours into plant-based protein ingredients for food manufacturers, designed to run in existing facilities with no waste and a neutral taste.
FoodTechNew Materials
Co-investorsButterfly Ventures
Ironic Biotech develops an iron supplement designed for better absorption and gastrointestinal tolerance, aimed at women affected by iron deficiency.
BiotechFemTechWellness & Fitness
Nélida Leiva Eriksson(Founder)
Kuva Space provides satellite-based Earth observation and geospatial intelligence using hyperspectral imaging and AI-powered analysis.
AgTechAI & Machine LearningSpace Tech
Co-investorsEarth Venture CapitalVoima Ventures
Melt&Marble develops fats and lipids using precision fermentation and molecular lipid design, producing ingredients with controlled fatty acid composition for food and personal care applications.
BiotechFoodTechNew Materials
Co-investorsBeiersdorf Innovation FundCatalyze CapitalChalmers Ventures ABIndustrifondenLever VC
Oat-based cheese platform delivering taste, texture and melt with high resource efficiency.
Mö is a Finnish dairy alternative producer that makes oat-based cheese products.
ConsumerFoodTech
NanoHalen develops rapid, low-impact testing methods for analyzing the quality of drinking and domestic water.
CleantechConsumerDeep TechHardwareNew MaterialsJoensuu, FI
Technology capturing nitrogen and phosphorus from wastewater to loop nutrients back into the food system.
Paras Aqua develops HFS (high-frequency sound) technology for aquaculture, positioning its product as validated through product development and scientific research.
AgTechClimate TechDeep Tech
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-investorsInnovestor Ventures
Tracegrow uses its RETRACER technology to recover manganese and zinc from European industrial sidestreams, producing circular raw materials for the agriculture and battery industries.
AgTechCircular EconomyCleantechNew Materials
Petri Huhtala(Founder)
Zapflow is a configurable platform for alternative investment teams to manage deal flow, fundraising, portfolio monitoring, investor reporting, CRM, and KYC/AML compliance in one place.
Enterprise SoftwareFintechSaaS
Co-investorsGorilla Capital
Portfolio news
latest coverage across their companiesMelt&Marble · finsmes.com · Dec 8, 2025
Frequently asked questions
- How many investments has Nordic Foodtech VC made?
- Nordic Foodtech VC has 22 tracked investments.
- What stage does Nordic Foodtech VC invest at?
- Nordic Foodtech VC invests at the Pre-Seed, Seed, Series A stages.
- What is Nordic Foodtech VC's typical check size?
- Nordic Foodtech VC typically writes checks of $540K – $2.2M.
- What sectors does Nordic Foodtech VC focus on?
- Nordic Foodtech VC focuses on AgTech, Biotech, Circular Economy, Climate Tech, Deep Tech, FoodTech, Impact & Social Good.
- Where is Nordic Foodtech VC located?
- Nordic Foodtech VC is headquartered in Helsinki, FI.
- Does Nordic Foodtech VC lead rounds?
- Nordic Foodtech VC typically participates in rounds rather than leading them.
- Who does Nordic Foodtech VC co-invest with?
- Nordic Foodtech VC most often shares deals with Butterfly Ventures, Industrifonden, Innovestor Ventures, among 14 tracked co-investors.
Images
Co-investors · 3
Voima Ventures is a deep tech venture capital firm that backs founders building global solutions across people, planet, and industry, from technology spin-offs to scaling companies.
Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.
Flashpoint is a technology investment firm that backs tech founders throughout their journey via venture growth equity, growth debt, and secondary transactions.
Firms observed investing alongside Nordic Foodtech VC, from public investor directories. Shared companies are the overlap with Nordic Foodtech VC's recorded portfolio.
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