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Nordic Foodtech VC

Venture capitaloperating company · company profile

Helsinki · Pre-Seed–Series A · 8 people tracked

Find your way into Nordic Foodtech VC

237 people in our graph share verified history with the Nordic Foodtech VC team — schools, employers, funds. One of them is your warm intro.

Maija Muntilaunlockedknows Lauri Reuter · together at University of Helsinki (overlapped)
knows the team · via Agriculture and Agri-Food Canada
×4knows the team · via Wageningen University & Research
×4knows the team · via University of Helsinki
×2knows the team · via VTT
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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.

Stage
Pre-Seed–Series A
Check
$540K – $2.2M
HQ
Helsinki, FI
Leads rounds
Follows
Instruments
Equity
Founded
2019
AUM
$88.6M
Tracked investments
22

Team · 8 people

from the firm's website & curated & public directories
Daniel Skaven Ruben

Impact-driven connector working across foodtech investors, startups and accelerators.

Leena Saarinen

Food industry executive and board professional.

Lauri Reuter· Partnerin𝕏

Venture scientist holding a PhD in biotechnology, focused on building a sustainable future for food.

Louise Heiberg· Investment Directorin

Experienced foodtech investment professional and foodtech engineer by training.

What they invest in

from 18 of 22 portfolio companies

FoodTech ×10Circular Economy ×7AgTech ×6Biotech ×6Climate Tech ×6New Materials ×6Cleantech ×5Consumer ×4

HQs:Finland×9Denmark×3Estonia×1Sweden×1

Who they back

founder profiles across 10 portfolio companies
30%
solo founders
3 of 10 mapped founding teams
0%
repeat founders
of 13 founders with career history

Founding team size:solo founder×32 founders×13 founders×44+ founders×2

Where their founders worked beforefrom 13 founders with career history

Chalmers University of Technology ×3Natural Resources Institute Finland (Luke) / Luonnonvarakeskus (Luke) ×2

Investments · 22 tracked

founders shown can be your intro path

By year:2025 · 12023 · 22022 · 25 dated

ÄIOaio.bioin

ÄIO develops sustainable alternatives to animal fats and palm oil using proprietary microbial lipid technology for the oleochemical industry.

BiotechCircular EconomyFoodTechTallinn, EE

Nemailla Bonturi, PhD(Co-founder and CEO)Petri-Jaan Lahtvee, PhD(Co-founder and CTO)

Co-investorsVoima Ventures

BioMush

Technology turning edible agricultural and food side products into natural umami; exited in 2025.

Chromologicschromologics.cominMar 2023

Chromologics is a Danish biotech company that uses a precision fermentation platform to produce natural food colours, marketed to food and beverage manufacturers as an alternative to synthetic colourants.

BiotechFoodTechNew MaterialsCopenhagen, DK

Anders Odum(Founder)inGerit Tolborg(Co-founder & CEO)inAnders Ødum(Co-founder & CTO)Klaus Bjerrum(CTO & Founder)inChristian H. Steffensen(CEO)inJens Bergholdt(CFO)in

Co-investorsNovo HoldingsBlue Horizon CorporationCollateral GoodDoehler Ventures

Endless Food Co

THIC, a chocolate-like product made sustainably from upcycled ingredients.

Endlesscphendlesscph.comin

THIC is an alternative chocolate made from upcycled ingredients including brewer's spent grain and cacao shells, designed for both consumer and industrial baking applications.

Circular EconomyClimate TechFoodTechCopenhagen, DK

Max Bogenmann(Co-founder)Christian Bach(Co-founder)inMatthew Orlando(Co-founder)in

Co-investorsRockstart

Eniferenifer.comin

Pekilo is a mycoprotein-based ingredient that provides digestible proteins and dietary fiber as a sustainable alternative to meat products.

AgTechBiotechCircular EconomyFoodTechImpact & Social GoodFinland, FI

Co-investorsAqua SparkVoima Ventures

Evodia

Precision fermentation producing mono-terpene aromas in yeast; first product replaces hop farming.

EvodiaBioevodiabio.cominMar 2023

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 GroupRA Capital

Fiberdomfiberdom.cominApr 2025

Fiberdom develops Duranova, a wood fiber-based supermaterial made from a small set of natural ingredients using a patented functionalization process, offering a durable, recyclable, and home-compostable alternative to plastics.

Circular EconomyCleantechNew MaterialsVantaa, FI

Hailiahailia.fi

Hailia develops seafood processing technologies that convert underutilized fish byproducts into high-quality products, serving processors and manufacturers seeking to improve resource efficiency and sustainability in the seafood industry.

Circular EconomyConsumerFoodTechUnknown from page, FI

Petri HeinoinTopi JurvaneninOtto Kaukonenin

BoardPekka Siivonen-Uotila(Chairperson of the Board)in

Happy Plant Proteinhappyplantprotein.comin

Happy Plant Protein manufactures plant-based protein and carbohydrate ingredients for food manufacturers using a single-step processing technology that converts plant flours into functional ingredients.

Advanced ManufacturingAgTechFoodTechNew Materials

Co-investorsButterfly Ventures

Ironic Biotechironicbiotech.comin

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)in

Kuva Spacekuvaspace.comin

Kuva Space develops a hyperspectral satellite constellation combined with artificial intelligence to deliver actionable Earth observation intelligence for decision-makers across agriculture, climate, and security sectors.

AgTechAI & Machine LearningClimate TechSpace Tech

Tuomas Tikka(Chief Technology Officer & Co-Founder)in

Co-investorsEarth Venture CapitalVoima Ventures

Melt&Marblemeltandmarble.comin

Melt&Marble uses precision fermentation, microbial metabolic engineering, and synthetic biology to produce fats and ingredients aimed at creating more sustainable food products.

BiotechClimate TechConsumerFoodTechNew MaterialsGothenburg, SE

Anastasia Krivoruchko(Co-founder & CEO)inFlorian David(Co-founder & CSO)inJens Nielsen(Co-founder & Chairman of the Board)inThomas Cresswell(Chief Business Officer)inTue Holdal(Chief Technology Officer)in

Co-investorsBeiersdorf Innovation FundCatalyze CapitalChalmers Ventures ABIndustrifondenLever VC

Mö Foods

Oat-based cheese platform delivering taste, texture and melt with high resource efficiency.

Mofoodsmofoods.fiin

Mö is a Finnish dairy alternative producer that makes oat-based cheese products.

ConsumerFoodTech

NanoHalennanohalen.fi

NanoHalen develops rapid, low-impact testing methods for analyzing the quality of drinking and domestic water.

CleantechConsumerDeep TechHardwareNew MaterialsJoensuu, FI

NPHarvestnpharvest.fiin

NPHarvest develops technology to restore nutrient cycles and advance circular economy practices in organic waste and environmental management.

AgTechCircular EconomyCleantechClimate TechEspoo, FI

Juho(Founder & CTO)Federico(Co-founder)Burak(Co-founder)

Paras Aquaparasaqua.com

Paras Aqua develops land-based aquaculture systems focused on fish welfare and sustainable production.

AgTechClimate TechDeep TechImpact & Social GoodHelsinki, FI

Tapio KiuruinKalle SinisaloinJani PulkkineninSondre Høidalen

Ruokaboksiruokaboksi.fiinAug 2022

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 VenturesTesi (Finnish Industry Investment Ltd)

Tracegrowtracegrow.cominAug 2022

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)

Zapflowzapflow.comin

Zapflow provides a secure portal and reporting platform for venture capital fund managers to centralize LP communications, automate investment performance reporting, and manage investor relations.

Enterprise SoftwareFintechSaaS

Mikko P.(Founder)in

Co-investorsGorilla Capital

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Nordic Foodtech VC made?
Nordic Foodtech VC has 22 tracked investments, including 1 dated in the last 24 months.
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

Nordic Foodtech VC photo

Co-investors · 3

Voima Ventures

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.

$216K – $3.2M
Long Journey Ventures

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.

$100K – $1M
Flashpoint Venture Capital

Flashpoint is a technology investment firm that backs tech founders throughout their journey via venture growth equity, growth debt, and secondary transactions.

$1M – $15M

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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