Voima Ventures — Full Portfolio
72 tracked investments · listed companies and verified rows first
ElFys develops black silicon photodetector technology for light sensing applications including health monitoring, analytical instrumentation, and security imaging.
ConsumerDeep TechDefense TechHardwareMedical DevicesNew MaterialsSemiconductorsEspoo, FI
Dr. Mikko Juntunen(CEO)
Co-investorsSamsung Venture Investment CorporationMetaplanet
Epigenica is a life sciences company working in multi-omics, biomarker discovery, and diagnostics.
AI & Machine LearningBiotechDeep TechHealthtechMedical DevicesSolna, SE
Simon Elsässer(Co-founder)inMohamad Takwa(Co-founder)
Co-investorsAlmi InvestLeksell Social VenturesNavigare Ventures
SemiQon designs and fabricates semiconductor-based quantum processing units (chips) intended to make quantum computers more compact and affordable.
Deep TechHardwareQuantum ComputingSemiconductorsEspoo, FI
Janne Lehtinen(CTO & Co-founder)in
Co-investorsLunar VenturesQAI VenturesTranspose Platform Management
Adamant Health provides AI-powered disease management tools for Parkinson's disease, enabling data-driven treatment decisions and patient-centric care models.
AI & Machine LearningDigital HealthHealthtechMedical DevicesFinland, FI
Paulus Carpelan(CEO, Co-founder)inSaara Rissanen(CTO & Chief Scientist, Co-founder)in
Co-investorsButterfly VenturesTesi (Finnish Industry Investment Ltd)
Agate Sensors develops hyperspectral imaging sensors using photonics and nanomaterials that are small enough to embed in devices across defense, wearables, and other industries requiring high-precision spectral data capture.
Deep TechHardwareSemiconductorsEspoo, FI
TommiAndreasMikaelFaisal
Co-investorsLIFTT
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-investorsNordic Foodtech VC
Aisti is a Finnish company that develops and manufactures sustainable acoustic building materials for interior environments.
CleantechConstruction TechNew MaterialsWellness & Fitness
Co-investorsTesi (Finnish Industry Investment Ltd)European Investment Bank
Alba is a marketplace that matches families in Latin America with childcare providers, drawing on caregivers already connected to a family's social network.
HealthtechMarketplaces
Dan SternJuan FantoniMaria Teresa Sante RossMauricio GiadachTesi Del Sante
Co-investors500 GlobalExceptional VenturesNoaberUnconventional Ventures
Alba offers at-home gut microbiome testing kits that analyze stool samples via sequencing to identify bacteria, fungi, and parasites, delivering structured reports and personalized nutrition, probiotic, and lifestyle guidance.
Digital HealthHealthtechWellness & Fitness
Nora (Eleonora) Cavani(Founder)in
Co-investorsJoyance PartnersNoaberOctopus Ventures
ArgusEye develops LSPR-based biosensor systems for real-time monitoring and analytics of bioprocesses in biopharmaceutical development and manufacturing.
BiotechDeep TechHardware
Co-investorsEIR Ventures
ArgusEye builds autonomous AI engineers for product security in cyber-physical systems, operating inside R&D and engineering teams to model threats, prescribe security controls, and generate audit-ready evidence.
AI & Machine LearningCybersecurityDeep TechSan Francisco, US
Jackson Schultz(Co-founder & CEO)inLawrence Ibarria(Co-Founder & CTO)inW. Jackson Schultz(Co-Founder & CEO)in
Co-investorsCIVPredictive VCEIR Ventures
Avenue Biosciences develops machine learning-enabled chemistry and software to accelerate the discovery and manufacturing of protein biologics for the biotechnology and therapeutics industry.
AI & Machine LearningBiotechDeep TechHelsinki, FI
Ville Paavilainen(Co-founder & Research Director)Tero-Pekka Alastalo(Founder)inAlastalo(MD, PhD)Rosti(PhD, eMBA)
Co-investorsBalnord Sp. z o.o.InventureStartXTesi (Finnish Industry Investment Ltd)Inventure
Betolar develops low-carbon materials technology, including alternatives to cement such as ground granulated blast furnace slag for low-carbon concrete mix designs.
Circular EconomyCleantechClimate TechConstruction TechNew MaterialsEspoo, SE
Mikko Wirkkala(Chief Financial Officer)in
Co-investorsTesi (Finnish Industry Investment Ltd)
CubaseBio develops spatial biology tools that enable three-dimensional analysis of biological samples at scale, for drug discovery and biological research.
BiotechDeep TechStockholm, SE
Paulius Mielinis(Founder)inToon Verheyen(Founder)inXiaoyan Qian(Founder)in
Co-investorsIllumina VenturesLeksell Social VenturesNordic Science Investments
Desentum is a clinical-stage biopharmaceutical company developing allergen immunotherapy products that reprogram immune responses to allergens toward tolerance.
BiotechDeep TechHealthtechEspoo, FI
Juha Rouvinen(Co-founder)Kristiina Takkinen(Co-founder)Pekka Mattila(CEO)in
BoardHans Söderlund(Chairman of the Board)
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)inJuuso Olkkonen(Chief Scientific Officer | Co-Founder)
Co-investorsAtlantic Bridge VenturesLifeline Ventures
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 SparkNordic Foodtech VCTesi (Finnish Industry Investment Ltd)
Farang is an AI research lab developing foundational large language models built on a custom architecture, with a focus on specialized on-device models for consumer and enterprise use.
AI & Machine LearningDeep TechEnterprise SoftwareSweden, SE
Emil Romanusin
Co-investorsAPEX Ventures
GenomILL develops precision diagnostic technologies using genomic analysis.
BiotechDeep TechHealthtechMedical DevicesTurku, FI
Manu Tamminen(CEO, Co-Founder)inSami Savisalo(Chair of the Board, Co-founder)inJuuso Blomster(Board Member, Co-Founder)inJukka Laine(Medical Advisor, Co-Founder)in
Geyser Batteries develops high-power heavy-duty energy storage systems for industrial applications, with a focus on circular economy principles and sustainable electrification.
CleantechEnergyHardwareHelsinki, FI
Co-investorsButterfly VenturesTesi (Finnish Industry Investment Ltd)
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)
GrainSense develops a compact, portable NIR sensor for rapid grain quality analysis that measures protein, moisture, oil, and carbohydrate content.
AgTechHardwareIoT
Hormona provides digital health resources and education for women's hormonal health management across all life stages.
Digital HealthFemTechHealthtechWellness & FitnessWeybridge, GB
Karolina Löfqvist(Founder)in
Co-investorsSupernode GlobalTechstarsSFC CapitalStartup Funding Club
Iiwari is a Finnish technology company that develops indoor positioning and location-based tracking systems, built on research from the VTT research institute and multiple patents.
Deep TechHealthtechIoTSaaS
Co-investorsTesi (Finnish Industry Investment Ltd)
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)in
Co-investorsGOLDWIN VENTURE PARTNERSMundi Ventures
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(Founder)inJanne Kuhno(Founder)
Co-investorsEarth Venture CapitalNordic Foodtech VC
LIFTT is a network organization in Italy that connects investors and innovators to support the development of future-oriented competencies and entrepreneurship within the country.
Deep TechImpact & Social GoodNew MaterialsSector AgnosticSemiconductorsTurku, IT
Stefano Buono(President)
Co-investorsElysia CapitalAlumni VenturesIAG Capital PartnersJ-VenturesSerpentine Ventures
Liquid Sun develops technology to convert CO₂ into sustainable jet fuel, targeting the aviation industry.
CleantechClimate TechEnergyTampere, FI
Dr. Pasi Keinänen(CEO, Co-founder)Panu Nordlund(Co-Founder)inSamuel Thesleff(Chairman, Co-Founder)inProfessor Mika Valden(Technology Advisor, Co-Founder)
Co-investorsFailup Ventures
Manna Insect operates a comprehensive platform for black soldier fly (BSF) farming that provides educational content, farm management tools, remote monitoring of production units, and a marketplace for trading products and services.
AgTechCircular EconomyFoodTechIoT
Co-investorsG-ForceGorilla Capital
MediSapiens was a Helsinki-based bioinformatics company that developed cloud software platforms (Explorer, Genius, Biond) to help pharma firms and oncologists analyze large-scale genomic and clinical data for precision medicine.
Co-investorsLifeline Ventures
Monidor develops easy-to-use health technology solutions to support nurses and improve patient safety.
Digital HealthEnterprise SoftwareHealthtechMedical DevicesFinland, FI
Mikko Savola(CEO)inAntti Puolitaival(Chief Medical Officer)in
BoardJukka Kettunen(Chairman of the board)
Co-investorsButterfly VenturesInnovestor VenturesInvesdorKorpun Siemen OyTesi (Finnish Industry Investment Ltd)Butterfly
MVision AI develops medical imaging software used in radiotherapy, distributed to healthcare providers through a global network of regional distributors.
AI & Machine LearningDigital HealthHealthtechMedical Devices
Mahmudul Hasan(Founder)in
Co-investorsIcebreakerJ12 Ventures
NADMED offers laboratory kits and analytical services for quantifying NAD and glutathione metabolites in research and diagnostic applications.
BiotechHealthtechMedical DevicesHelsinki, FI
Anu Suomalainen Wartiovaara(Co-Founder, MD, PhD)inLiliya EuroJames Lee(CEO)in
Co-investorsNordic Science Investments
Nucu builds a sleep tracker for children that monitors sleep and bedroom environment without cameras, wearables, or charging.
ConsumerDigital HealthHardware
Co-investorsKorpun Siemen Oy
Nucu makes a contactless sleep-tracking system for children, using an ultra-thin under-mattress sensor and a smart hub that measure breathing, movement, heart rate, and room conditions (light, noise, temperature, humidity) and report sleep insights through an app.
HardwareHealthtechIoT
Juha Hannula(Co-founder)
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
Co-investorsLifeline Ventures
Paptic is a material innovation company that developed Paptic®, a fibre-based, recyclable material designed to replace plastics in packaging.
Circular EconomyCleantechNew MaterialsEspoo, FI
Esa Torniainen(Co-founder)inKarita Kinnunen-Raudaskoski(Co-founder)inTuomas Mustonen(Co-founder)inKatja Jokiaho(Chief Sales Officer)in
Co-investorsEmerald Technology Ventures AgEuropean Circular Bioeconomy FundEuropean Innovation Council Fund
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
Co-investorsEviny VenturesLifeline VenturesLuminar VenturesMomentumNordicNinja
AI & Machine LearningDeep TechQuantum Computing
Co-investorsFraunhofer Tech Transfer FundTensor Ventures
QuantrolOx develops machine learning software to automatically characterise, tune, and control quantum devices, serving quantum labs, research sites, and quantum computing platforms.
AI & Machine LearningDeep TechQuantum Computing
Vishal Chatrath(Co-founder & Chief Executive Officer)inAndrew Briggs(Co-founder & Chair)inNatalia Ares(Co-founder & Chief Scientist)inDominic Lennon(Co-founder & Director of Product)inJuha Seppa(Chief Technology Officer)inKati Suard(Chief Financial Officer)in
Co-investorsHoxton VenturesIW CapitalLeo Capital VenturesSerendipity Capital2xNBalderton Capital+1 more
Quanturi is a Finnish AgTech company that develops wireless monitoring systems and data services for the agriculture and forestry industries, with a focus on preventing fermentation-related fires and material degradation.
AgTechData & InfrastructureHardwareIoTFinland, FI
Nadine Pesonen(Co-founder and CEO)inTeppo Veijonen(Co-founder and DTO (Design & Technology Officer))in
Reduciner is a climate-tech startup with patented, electricity-driven technology that converts captured industrial CO₂ into CO-rich syngas and activated carbon for use as low-cost fuel, industrial gases, and synthetic chemical feedstock.
CleantechClimate TechDeep Tech
SemiQon develops silicon-based, CMOS quantum processors designed to be cryogenic-ready and scalable toward million-qubit quantum computers.
Deep TechQuantum ComputingSemiconductors
Himadri Majumdar(Founder)Janne Lehtinen(CTO & Co-founder)Markku Kainlauri(Founder)Mika Prunnila(Founder)
Co-investorsLunar Ventures
Skyfora develops weather forecasting technology using AI-driven GNSS tomography and GPS-based radiosondes to close gaps in weather data.
AI & Machine LearningClimate TechData & InfrastructureDeep Tech
Svante Henriksson(Founder)in
Co-investorsEviny VenturesLumo LabsUgly Duckling Ventures
Sofi develops ultra-fine particle separation and filtration technology to address industrial water challenges and mineral recovery.
Advanced ManufacturingCleantechClimate TechHardwareIoTNew Materials
Co-investorsEmerald Technology Ventures Ag
Solar Foods produces Solein, a sustainable protein ingredient created through gas fermentation technology that converts CO2 and renewable electricity into edible protein.
BiotechCleantechClimate TechFoodTechImpact & Social GoodEspoo, FI
Dr Pasi Vainikka(Founder)Dr Juha-Pekka Pitkänen(Founder)Godert Zijlstra(Chief Commercial and Product Officer)inJuha-Pekka Pitkanen(Founder)Pasi Vainikka(Founder)
Co-investorsAgronomicsBridford Investments (Bridford Group)Lifeline VenturesSpace CapitalTesi (Finnish Industry Investment Ltd)CPT Capital+1 more
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)inAndreas Hartlep(CEO)inMika Nikander(COO)in
Co-investorsInnovestor VenturesLifeline VenturesVerge HealthTech Fund
TactoTek provides design tools, reference designs, and technical resources for In-Mold Structural Electronics (IMSE) manufacturing, serving designers, engineering firms, and manufacturers across the product development lifecycle.
Advanced ManufacturingDeep TechDeveloper ToolsHardwareNew MaterialsHelsinki, FI
Co-investorsRepsol Energy VenturesTesi (Finnish Industry Investment Ltd)
TheStorage develops thermal energy storage systems that enable industrial facilities to shift from fossil fuel-based heat production to renewable energy sources.
CleantechClimate TechEnergyTampere, FI
Timo Siukkola(Founder)in
Co-investorsSuperhero Capital
thtRobotics builds single-item piece-picking robotic cells with AI computer vision to automate order fulfillment in warehouses and fulfillment centers.
AI & Machine LearningLogistics & Supply ChainRobotics
Andrija(CEO)
Co-investorsProVenture
Westra Materials develops high-performance materials designed to replace harmful alternatives with sustainable, scalable solutions.
CleantechEnergyNew MaterialsNorrköping, SE
Co-investorsNavigare Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Advanced ManufacturingAiobiomensioCombinosticsFinnadvanceFund IFund IIFund IIIImaging & OpticsIoT & ElectronicsMinima Processorsn-InkNew MaterialsQuantum & AISensing & DiagnosticsThe Human Touch Robotics
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.







































































































































