Top 15 Venture Capital Firms in Finland (2026)

Finland's startup scene is a great place for founders to build a company. Finding the right venture capital partner is often the next step to accelerate that growth.

Firms like Lifeline Ventures have backed nearly 180 companies, while Inventure has seen over 20 successful exits. These investors are actively helping create the next wave of businesses.

Below is our list of the best 15 VC firms in Finland.

Failory's Top 10 Picks

1. Lifeline Ventures

As a fund started by serial entrepreneurs, Lifeline Ventures backs resilient founders from their earliest stages with funding, talent, and hands-on support. They take a sector-agnostic approach to help build category-leading companies like Aiven, focusing on investments from inception through Series A.

2. Innovestor

Focusing on the Nordic region, Innovestor provides early-stage and private equity funding to promising growth companies. Beyond capital, the firm offers financial services and connects founders with a team of experienced professionals for hands-on support.

3. Inventure

Inventure provides early-stage capital to founders with roots in the Nordics and Baltics, taking a high-conviction approach by backing a select few. This strategy is built on creating deep trust and has helped launch breakout companies, including the food delivery service Wolt.

4. 3TS Capital Partners

3TS Capital Partners provides expansion capital and buyout funding for small and medium-sized European businesses in growth sectors including technology and internet services. They operate as active business partners for portfolio companies like Tresorit and 123Formbuilder, delivering value beyond financing through their extensive network and expertise.

5. Icebreaker.vc

Icebreaker.vc backs early-stage tech companies built by domain experts from firms like Rovio, Nordea, and Pipedrive. They provide pre-seed and seed funding, while their community of over 1,000 founders helps new ventures reach a position of strength and avoid the post-accelerator slump.

6. OpenOcean

OpenOcean leads Series A investments for European B2B software startups focused on automation, data infrastructure, and the future of software development. Built by core members of the teams behind MySQL and MariaDB, the firm uses its deep technical expertise to help its portfolio companies scale globally.

7. Butterfly Ventures

Butterfly Ventures backs seed-stage Nordic companies focused on deep tech, hardware, and hardware interfacing software. Their team gets involved at the earliest stages, often before a company has any revenue, establishing them as one of the most active seed-stage investors in the region.

8. Superhero Capital

Superhero Capital backs insight-driven startups in Finland and the Baltics with seed-stage funding. Their investments, ranging from €100k to €1M, support early-stage companies in sectors like SaaS, healthcare, and big data.

9. Nordic Science Investments

Nordic Science Investments helps turn groundbreaking scientific research from the New Nordics into globally successful companies. They back founders in deeptech, healthtech, and life sciences from the pre-seed stage, bridging the gap between academia and business to solve global challenges.

10. Vendep Capital

Focusing on B2B SaaS, Vendep Capital provides seed and early-stage funding to software entrepreneurs in the Nordics and Baltics. They use extensive SaaS expertise and global connections to help founders expedite growth and scale their businesses.

5 Additional Finland VC Firms Worth Pitching

Our top picks are just part of a much bigger picture for Finnish founders. The remaining firms on our list have collectively invested in over 120 startups and helped more than 20 of them reach an exit.

This shows there's a broad base of support for new companies across the country. Take a look at the other VCs funding what's next in Finland.

VC Firm	Year Founded	Nº Investments	Nº Exits
Nordic Foodtech VC	2020	27	—
Sparkmind.vc	2017	21	3
CapMan	1989	58	20
Evli Growth Partners	2018	17	1
Equilibrium Ventures	—	—	—