Fundraising Fox

Voima Ventures

Venture capital

Helsinki · Pre-Seed–Series B · 12 people tracked

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Investment thesis

Voima Ventures invests in founders scaling global solutions for people, planet, and industry, with a focus on ideas and technology that require time and courage to build. The firm invests across a range of stages, from pre-seed and technology spin-offs to leading Series A and occasionally Series B rounds. Its team is composed of growth entrepreneurs and investors with an eye for promising deep tech and science-based opportunities.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series B
Check
$216K – $3.2M
HQ
Helsinki, FI
Leads rounds
Leads
Instruments
Equity
Founded
2019
AUM
$194.4M
Tracked investments
64

Team · 12 people

from the firm's website & public directories

What they invest in

from 31 of 64 portfolio companies

Biotech ×9Deep Tech ×8AI & Machine Learning ×7Healthtech ×7New Materials ×6Cleantech ×5Digital Health ×5Hardware ×5

HQs:Finland×7Sweden×5United Kingdom×1

Investments · 64 tracked

founders shown can be your intro path
Adamant Healthadamanthealth.comin

Adamant Health develops an AI-powered technology that uses surface electromyography (EMG) and kinematic measurements to track the visible and hidden motor symptoms of Parkinson's disease.

AI & Machine LearningDigital HealthMedical Devices

Advanced Manufacturing
Agate Sensorsagatesensors.comin𝕏

Agate Sensors develops a software-defined, chip-scale hyperspectral imaging platform built on mainstream semiconductor processes, with no filters, gratings, or moving parts.

Deep TechHardwareSemiconductors

Aio
ÄIOaio.bioin

ÄIO 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

Aistiaisti.com

Aisti manufactures acoustic ceiling tiles that provide sound absorption for offices, schools, and public spaces.

Construction TechNew MaterialsWellness & Fitness

Alba Healthalbahealth.co
Arguseyearguseye.sein

Spin-off from Linköping University developing nanoplasmonic sensing systems for biomarker detection and biopharmaceutical process monitoring.

Avenueuseavenue.com

Avenue is an operational monitoring and alerting platform that connects to various data sources and tools to help operations teams identify and resolve issues in real time.

Enterprise SoftwareSaaS

Avenue Biosciencesavenuebiosciences.comin

Avenue Biosciences operates a platform that engineers N-terminal signal peptides to modulate the secretory pathway and improve protein yield, combining high-throughput chemistry, synthetic biology, and machine learning.

AI & Machine LearningBiotechDeep Tech

Betolarbetolar.comin

Betolar develops sustainable construction materials and metal extraction technologies for the mining and building sectors.

Circular EconomyCleantechConstruction Tech

biomensiobiomensio.com
Cellfioncellfion.sein

Cellfion develops customizable membranes based on functionalized nanocellulose technology.

Deep TechNew Materials

Combinostics

Self-learning machine vision solution for early detection of Alzheimer's and other neurodegenerative diseases using MRI scans

Cubase Biocubasebio.com

CubaseBio develops spatial biology tools that enable three-dimensional analysis of biological samples at scale, for drug discovery and biological research.

BiotechDeep TechStockholm, SE

desentum
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)

Elfyselfys.fiin𝕏

ElFys designs, develops and manufactures customized and standard photodetectors based on black silicon induced junction photodiode technology, offering high sensitivity across UV to near-IR wavelengths for light detection applications including wearables.

Deep TechHardwareSemiconductors

Eniferenifer.comin

Enifer produces PEKILO®, a fermentation-derived fungal mycoprotein used as a drop-in protein ingredient for aquafeed, pet food, and human food production.

AgTechBiotechFoodTech

Eniferbio
Epigenicaepigenica.sein

Epigenica develops products for epigenetic analysis, including its EpiFinder platform, a multiplexed ChIP-seq technology built on patented hmqChIP-seq for high-throughput profiling of epigenetic marks such as DNA methylation and histone modifications.

BiotechDeep TechHealthtech

Farangfarang.comin𝕏

Farang develops a next-generation AI architecture called FX Architecture, designed for superior reasoning and memory based on biological brain principles.

AI & Machine LearningDeep TechSweden, SE

Finnadvance
Fund I
Fund II
Fund III
Genomill
Geyser Batteriesgeyserbatteries.comin𝕏
Gosta Labsgostalabs.comin

Gosta Labs builds healthcare-specialized AI models and an "AI operating system" that automates clinical note generation, structures patient data, and supports real-time clinical decision-making for healthcare professionals and public and private healthcare providers.

AI & Machine LearningDigital HealthHealthtech

Lauri Sippola(Co-founder)Henri Viertolahti(Co-founder)

Grainsensegrainsense.com
helmeehelmee.com
Hormonahormona.ioin

Hormona provides digital health resources and education for women's hormonal health management across all life stages.

Digital HealthFemTechHealthtechWellness & FitnessWeybridge, GB

Karolina

Iiwariiiwari.comin𝕏

Iiwari develops a nurse call and indoor positioning system for elderly care facilities that enables real-time monitoring of residents and staff, including automated activity tracking and emergency response capabilities.

HealthtechIoTSaaS

Imaging & Optics
infinited_fiberinfinitedfiber.comin𝕏

Infinna is a circular fiber material made 100% from cotton-rich textile waste that replaces virgin materials in the fashion and apparel industry.

Advanced ManufacturingCircular EconomyCleantechNew MaterialsKemi, FI

Sahil Kaushik(CEO)

IoT & Electronics
Kuva Spacekuvaspace.comin

Kuva Space provides satellite-based Earth observation and geospatial intelligence using hyperspectral imaging and AI-powered analysis.

AgTechAI & Machine LearningSpace Tech

Liquid Sunliquidsun.coin

Liquid Sun develops a technology that captures CO₂ emissions and combines it with renewable energy to produce eSAF, a synthetic sustainable aviation fuel compatible with existing aircraft engines.

CleantechClimate TechEnergy

Medisapiens
Minima Processors
Monidor
Mvisionmvision.aiin

MVision develops AI-powered software that automates repetitive tasks in radiotherapy workflows, including contouring, dose prediction, and segmentation.

AI & Machine LearningHealthtechMedical Devices

Nadmednadmed.com

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)

New Materials
Nucu
Nucubabynucubaby.com
Origin by Oceanoriginbyocean.comin𝕏

Origin by Ocean harvests invasive algae blooms to create bio-based ingredients for cosmetics, food, and textile industries through a proprietary biorefining process.

BiotechCircular EconomyClimate TechFoodTechNew Materials

Mari Granströmin

Papticpaptic.comin
Photoncyclephotoncycle.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

Quantagoniaquantagonia.com
QuantrolOxquantrolox.comin𝕏
Quantum & AI
quanturiquanturi.com
Semiqonsemiqon.techin
Sensing & Diagnostics
Skyforaskyfora.comin

Skyfora provides hyper-local weather intelligence by leveraging 5G infrastructure and GNSS sensors to create a dense atmospheric sensor grid.

Climate TechData & Infrastructure

Sofi Filtrationsofifiltration.comin
solarfoodssolarfoods.fiin

Solar Foods produces Solein, a protein ingredient derived from naturally occurring microbes using air, water, and renewable electricity rather than traditional agriculture.

BiotechFoodTechImpact & Social GoodFinland, FI

Soomasoomamedical.comin

Sooma Medical develops and manufactures transcranial direct current stimulation (tDCS) devices for treating major depressive disorder, fibromyalgia, and chronic neuropathic pain without medication.

Digital HealthHealthtechMedical DevicesMental HealthHelsinki, FI

Tuomas Neuvonen(CTO)Andreas Hartlep(CEO)Mika Nikander(COO)

StemSightstemsight.fiin𝕏

StemSight develops off-the-shelf cell therapies combining induced pluripotent stem (iPS) cells with biomaterials to address corneal blindness and limbal stem cell deficiency.

BiotechDigital HealthMedical DevicesHelsinki, FI

Laura Koivusalo(CEO)

Frequently asked questions

What stage does Voima Ventures invest at?
Voima Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.
What is Voima Ventures's typical check size?
Voima Ventures typically writes checks of $216K – $3.2M.
What sectors does Voima Ventures focus on?
Voima Ventures focuses on AgTech, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Deep Tech, Digital Health, Energy, FoodTech, Healthtech, Impact & Social Good, Medical Devices, New Materials, Quantum Computing, Sector Agnostic.
Where is Voima Ventures located?
Voima Ventures is headquartered in Helsinki, FI.
Does Voima Ventures lead rounds?
Yes, Voima Ventures leads investment rounds.

Media · Podcasts & interviews

featuring the team

Infran taju -webinaari: Inka Mero, startup-sijoittaja, Voima Ventures Oy

Destia Oy · Inka Mero

Canon Talks jakso 6 – vieraana Voima Ventures -rahaston perustaja Inka Mero

Canon Talks FI · Inka Mero

Images

Voima Ventures photo

Co-investors · 8

Nordic Foodtech VC

Nordic Foodtech VC is an early-stage investor backing deep tech companies transforming the food system, from new protein sources to farming and food processing technologies.

$540K – $2.2M
Inventure

Inventure is a generalist early-stage venture capital firm investing primarily across the Nordics and Baltics, having backed over 100 companies since 2005.

$330K – $5.5M
Metaplanet

Metaplanet is an evergreen investment firm that backs mission-driven founders building deep technologies aimed at supporting humanity's long-term survival and flourishing.

Both backed · 1
$500K – $10M
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
2xN

A fund focused on quantum-inspired technology investments.

Amadeus Capital Partners

Amadeus Capital Partners is a UK-based deep tech venture capital firm founded in 1997 that invests from seed to growth stages across artificial intelligence, health, and sustainability-focused technologies.

$50K – $12.7M
Yes VC

Yes VC is an early-stage venture firm that invests in category-defining companies at the pre-seed and seed stages.

$30K – $1.5M
Emerald Technology Ventures

Emerald Technology Ventures is a venture capital firm focused on cutting-edge and complex technologies, supporting entrepreneurs and leaders at the front lines of scientific development.

Firms observed investing alongside Voima Ventures, from public investor directories. Shared companies are the overlap with Voima Ventures's recorded portfolio.

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