Nordic Science Investments
Venture capitalPre-Seed–Seed
Investment thesis
NSI focuses on commercializing cutting-edge academic research by investing in science-based startups that address global challenges. Working with university innovation offices, it evaluates innovations and teams early, supports selected commercialization projects with business development and team building, attracts top talent, and then invests in the resulting startups. NSI typically acts as an anchor investor while welcoming co-investors, and also makes selected follow-on investments. Its focus areas are deeptech, healthtech, and life sciences—sectors where innovation can drive significant impact across the New Nordics.
Source: firm website, verified Aug 7, 2026.
What they invest in
from 19 of 22 portfolio companiesBiotech ×9AI & Machine Learning ×6Deep Tech ×6Healthtech ×6Medical Devices ×6New Materials ×4Digital Health ×3Advanced Manufacturing ×2
HQs:Finland×6European Union×1Sweden×1
Investments · 22 tracked
founders shown can be your intro path7 Semiconductors is establishing a European-based GaN (gallium nitride) foundry service to serve diverse semiconductor needs, with a focus on advanced packaging for AI data centers and high-frequency applications.
Deep TechHardwareSemiconductors
Acouspin is a Finnish deep-tech company that produces advanced nanofibers using AI-driven, ultrasound-enhanced electrospinning technology, with control over fiber diameter (100–2,000 nm) and layered or gradient structures.
AI & Machine LearningDeep TechNew MaterialsHelsinki, FI
Atella develops technology for early detection of cardiovascular disease, aiming to enable earlier intervention.
AI & Machine LearningDigital HealthHealthtech
CubaseBio develops spatial biology tools that enable three-dimensional analysis of biological samples at scale, for drug discovery and biological research.
BiotechDeep TechStockholm, SE
Kasvu is a drug-discovery company developing small-molecule neuroplastogens — selective positive allosteric modulators of the TrkB receptor — using an AI-powered 3D model of the receptor and structure-based drug design.
AI & Machine LearningBiotechMental Health
Jami Mandelin(CEO)Rafael Moliner(Co-Founder & Principal Scientist)
A stealth-stage company developing technology for industrial and medical diagnostics.
Advanced ManufacturingDeep TechMedical Devices
NADMED provides an enzymatic, microplate-based assay method and CE-marked/RUO kits that quantify all four forms of NAD and two glutathione species from blood, tissue, or cell samples.
BiotechHealthtechMedical Devices
James Lee(CEO)
NextInox produces fine-grain austenitic stainless steels (AISI 304FG and 316FG) with smaller grain sizes than conventional grades, offering improved strength, formability, and surface quality for manufacturing applications.
Advanced ManufacturingNew Materials
Otos is a platform that combines hearing and cognitive health assessment into a single system, with automated testing, triage, and continuous patient monitoring for integration into clinical workflows.
Digital HealthHealthtechMedical Devices
Wycliffe Raduma(Co-founder & CEO)Tanja Tervonen(Co-founder & COO)Nick Freeman(CCO)
Pixl Bio develops human iPSC-derived cell models (hepatocytes, stellates, organoids, including CRISPR-edited disease models) combined with high-content imaging and AI-driven phenomics to generate predictive biology data for drug discovery, toxicology, and safety assessment.
AI & Machine LearningBiotechDeep Tech
PrecisionPhage develops software and laboratory services for bacteriophage research and manufacturing, including tools for phage genome assembly, annotation, and GMP-compatible batch quality control.
BiotechHealthtechSaaS
SampleFacts develops InstaSep, a dried blood spot sampling device that instantly separates blood cells and plasma from a finger prick and stabilizes them on filter paper for storage and analysis at ambient temperatures.
BiotechHealthtechMedical Devices
Thestra is a University of Turku spin-out developing AI-based cancer diagnostics, including its EPLINEX biomarker assay that estimates tumor aggressiveness in head and neck squamous cell carcinoma (HNSCC) to help clinicians stratify patients to appropriate therapies.
AI & Machine LearningBiotechMedical DevicesTurku, FI
Sami Ventelä(Co-founder & Board Member)Jukka Westermarck(Co-founder & Board Member)Juuso Juhila(CEO)Matti Juvonen(Chief Business Officer)
Vire Health makes Vire Clip, a waist-worn health tracker that measures body temperature, breathing, and movement close to the core, paired with an app that translates the data into circadian-rhythm and sleep insights.
Digital HealthHardwareWellness & Fitness
Frequently asked questions
- What stage does Nordic Science Investments invest at?
- Nordic Science Investments invests at the Pre-Seed, Seed stages.
- What sectors does Nordic Science Investments focus on?
- Nordic Science Investments focuses on AgTech, Biotech, Deep Tech, FoodTech, Hardware, Healthtech, Medical Devices.
- Does Nordic Science Investments lead rounds?
- Yes, Nordic Science Investments leads investment rounds.
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