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Top 15 Venture Capital Firms in Finland (2026)

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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.

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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.

HeadquartersHelsinki, Southern Finland, Finland
Year Founded2009
FoundersTimo Ahopelto
Total Funding€207.1M
Average Check Size€7M
IndustriesClimate & Sustainability, Consumer, Gaming, Hardware, Healthcare, Fintech, SaaS
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments180 (65 as Lead Investor)
Nº of Exits20 (1 IPO'd)
Top Portfolio StartupsAiven, Flowrite, Griffin
Contacttimo@lifelineventures.com / +358 407727007

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.

HeadquartersHelsinki, Southern Finland, Finland
Year Founded2014
FoundersTommi Aijala
Investment StageEarly Stage, Private Equity
Nº of Investments80 (50 as Lead Investor)
Nº of Exits4
Contactinfo@innovestor.fi / +358 10 3233 880
Inventure Logo

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.

HeadquartersHelsinki, Southern Finland, Finland
Year Founded2005
FoundersKevin Lösch, Sami Lampinen, Timo Tirkkonen
Total Funding$230M
Average Check Size$10M
IndustriesSaaS, Deep Tech & Hard Science, AI & ML, Healthcare, Education, Gaming, Devops, Cybersecurity, IoT, Consumer, InsurTech, Hardware, AR & VR, Food & Beverage, Enterprise, Marketplace, Big Data & Analytics, Manufacturing, Marketing, Automotive, Telecommunications
Investment StageEarly Stage, Seed, Series A
Nº of Investments162 (78 as Lead Investor)
Nº of Exits21 (1 IPO'd)
Top Portfolio StartupsMojo, Coudescene, Wolt
Contacthello@inventure.vc / +46 76 600 95 60

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.

HeadquartersHelsinki, Southern Finland, Finland
Year Founded1998
Founders
Total Funding€447.4M
Average Check Size€10M
IndustriesHardware, Internet & Mobile, E-Commerce, Consumer, Healthcare, SaaS
Investment StageEarly Stage, Late Stage, Private Equity, Seed
Nº of Investments61 (32 as Lead Investor)
Nº of Exits18 (1 IPO'd)
Top Portfolio StartupsTresorit, Vector Watch, 123Formbuilder
Contactinfo@3tscapital.com / +43 1 890 16 98

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.

HeadquartersHelsinki, Southern Finland, Finland
Year Founded2017
FoundersAleksi Partanen, Lasse Lehtinen, Riku Seppälä, Teddie Wardi
Total Funding€126M
Average Check Size€800k
IndustriesCybersecurity, IoT, Travel & Hospitality, Advertising, AI & ML, Big Data & Analytics, Proptech & Real Estate, AR & VR, Automation, Developer Tools, Media, Entertainment, Automotive, Energy, Human Resources, Legal, SaaS, Hardware, E-Commerce, Education
Investment StageConvertible Note, Early Stage, Seed, Pre-Seed
Nº of Investments126 (71 as Lead Investor)
Nº of Exits4
Top Portfolio StartupsHoxHunt, Logmore, Flowhaven
Contactinfo@icebreaker.vc
OpenOcean Logo

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.

HeadquartersHelsinki, Southern Finland, Finland
Year Founded2009
FoundersMichael Widenius, Patrik Backman, Ralf Wahlsten
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments87 (36 as Lead Investor)
Nº of Exits17 (2 IPO'd)
Contactinfo@openocean.vc / +358 405075024

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.

HeadquartersOulu, Oulu, Finland
Year Founded2012
FoundersAntti Kosunen, Juho Risku, Matti Kanninen
Total Funding€30M
Average Check Size€3M
IndustriesDeep Tech & Hard Science, AI & ML, Healthcare, Biotech, SaaS
Investment StageConvertible Note, Early Stage, Seed
Nº of Investments78 (31 as Lead Investor)
Nº of Exits2
Top Portfolio StartupsCerenion, Daisy, Monidor
Contactjuho@butterfly.vc / +358 40 5455877

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.

HeadquartersHelsinki, Southern Finland, Finland
Year Founded2015
FoundersGytenis Galkis, Jakob Storå, Juha Ruohonen, Jussi Harvela, Moaffak Ahmed
Total Funding€50M
Average Check Size€1M
IndustriesHealth & Wellness, Healthcare, Marketplace, Education, Big Data & Analytics, Entertainment, Future of Work, SaaS, Sports
Investment StageSeed, Early Stage
Nº of Investments76 (41 as Lead Investor)
Nº of Exits4
Top Portfolio StartupsBuilderhead, Attractive.ai, Zenniz
Contactnexthero@superherocapital.com / 358 40 3511892

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.

HeadquartersHelsinki, Southern Finland, Finland
Year Founded2024
FoundersAlexandra Gylfe, Anssi Uimonen, Jari Strandman, Matti Hautsalo
Investment StageEarly Stage, Seed
Nº of Investments15 (13 as Lead Investor)
Nº of Exits
Contactanssi.uimonen@nordscience.com

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.

HeadquartersEspoo, Southern Finland, Finland
Year Founded2013
FoundersHannu Kytölä, Jupe Arala, Sakari Pihlava
Investment StageEarly Stage, Seed
Nº of Investments46 (24 as Lead Investor)
Nº of Exits5
Contactinfo@vendep.com

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 FirmYear FoundedNº InvestmentsNº Exits
Nordic Foodtech VC logo Nordic Foodtech VC202027
Sparkmind.vc logo Sparkmind.vc2017213
CapMan logo CapMan19895820
Evli Growth Partners logo Evli Growth Partners2018171
Equilibrium Ventures logo Equilibrium Ventures

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