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This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
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Finland's startup landscape is defined by highly funded companies in specialized sectors. For example, RELEX Solutions has attracted over $814 million for its supply chain platform.
The country is also a base for leaders in hardware and quantum computing. Oura has raised $598.3 million for its wellness rings, while IQM Quantum Computers is developing next generation systems.
Below is our list of 100 Finland startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Oura designs and develops a smart ring that tracks sleep, activity, and other key health metrics. The wearable provides personalized insights to help users understand their body's readiness and improve their overall well-being.
IQM Quantum Computers builds superconducting quantum computers for research institutions and supercomputing centers. Their full-stack systems are designed to help developers and scientists solve some of the world's most complex problems.
DataCrunch.io builds a high-performance cloud service providing GPU servers for AI and machine learning workloads. Their platform gives teams scalable and affordable access to the computing power needed for training and inference.
MuniFin operates as a specialized credit institution, providing financing for municipalities, wellbeing services counties, and social housing projects in Finland. They are a key financial partner for the Finnish public sector, enabling essential community development and sustainable investments.
ReOrbit builds software-defined satellites to enable sovereign and secure communications. Their flexible satellite platform is designed to be reconfigured in orbit, allowing for dynamic missions and extended operational lifetimes.
ICEYE builds and operates its own constellation of radar imaging satellites for persistent monitoring of any location on Earth. Their unique SAR technology provides reliable data and analytics to sectors like government and insurance, regardless of cloud cover or time of day.
One Click LCA develops automated life cycle assessment software for the construction and manufacturing industries. Their tools enable companies to calculate the environmental footprint of buildings and products, helping them to decarbonize their operations.
RELEX Solutions provides a unified, AI-based platform for optimizing supply chain and retail planning. Their software helps retailers and consumer goods companies forecast demand, automate replenishment, and manage their workforce more efficiently.
As the exclusive home for Nokia phones, HMD designs and sells a range of mobile devices for a global audience. Their portfolio is recognized for its durable, affordable smartphones and for reviving classic feature phone designs with modern technology.
Varjo develops high-end virtual and mixed reality hardware and software for professional and industrial use. Their headsets are distinguished by human-eye resolution, offering photorealistic immersion for complex applications like pilot training and automotive design.
Our top picks offer just a glimpse into the country's busy startup community. New companies are popping up in many areas, with a special focus on fields like AI and biotech.
Together, these companies have raised billions of dollars, and they include everything from brand new ventures to businesses that are scaling fast. Here is a look at the other startups that are shaping Finland's startup scene.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| AgTech | 1934 | $207.4M | Debt Financing | |
| Retail | 1940 | $550M | Debt Financing | |
| Manufacturing | 2023 | $5.6M | Seed | |
| Manufacturing | 1851 | $60M | Debt Financing | |
| Enterprise | 2011 | $17.4M | Venture Round | |
| Media | 2014 | $822.5M | Series E | |
| Fashion | 2021 | $40.9M | Series A | |
| Enterprise | 2018 | $11M | Series B | |
| AI | 2022 | $12.7M | Series A | |
| Infrastructure | 2023 | $6.6M | Seed | |
| Energy | 1994 | $175M | Debt Financing | |
| Biotech | 2022 | $71.1M | Venture Round | |
| Environment | 2016 | $27.5M | Series A | |
| SaaS | 2022 | $1.8M | Seed | |
| SaaS | — | $2M | Venture Round | |
| Hardware | 2017 | $5.9M | Series A | |
| Gaming | 2020 | $175M | Debt Financing | |
| Analytics | 2015 | $1.4M | — | |
| Analytics | 2013 | €43.5M | Series B | |
| Gaming | 2019 | €26.9M | Series B | |
| Hardware | 2016 | $187.9M | Secondary Market | |
| Fintech | 2016 | €70.5M | Venture Round | |
| Media | 2023 | €3.5M | Series A | |
| Analytics | 2016 | €23.3M | Series A | |
| Biotech | 2017 | $76.7M | Grant | |
| Media | 2017 | $1.7M | Venture Round | |
| AI | 2013 | €21.2M | Series B | |
| Biotech | 2020 | €48M | Series B | |
| Hardware | 2016 | $43.3M | Series B | |
| Enterprise | 2019 | €16.7M | Series A | |
| Analytics | 2018 | $47.3M | Series B | |
| Manufacturing | 2022 | €4.8M | Grant | |
| Hardware | 2022 | €19.4M | Venture Round | |
| Media | 2013 | $71.1M | Series B | |
| Fintech | 2017 | $25.4M | Series A | |
| Marketing | 2013 | $22.8M | Venture Round | |
| Retail | 2013 | $17.9M | Series A | |
| Fintech | 2007 | €41.5M | Private Equity | |
| Travel | 2018 | €71M | Series B | |
| Media | 2010 | $32.8M | Series B | |
| AI | 2017 | €10M | Private Equity | |
| Cloud | 2011 | €22M | Series B | |
| Infrastructure | 2024 | €5M | Seed | |
| Analytics | 2003 | $44M | Private Equity | |
| Manufacturing | 2015 | $58.3M | Venture Round | |
| SaaS | 2024 | $2.7M | Pre-Seed | |
| Gaming | 2010 | $143M | Series B | |
| Cloud | 2017 | $46M | Series B | |
| AI | 2018 | €12.4M | Series A | |
| AI | 2022 | €529.7k | Convertible Note | |
| Biotech | 2023 | €2.2M | Grant | |
| Biotech | 2016 | €84.6M | Series B | |
| Media | 2018 | €915k | Angel | |
| Enterprise | 2023 | $100k | Private Equity | |
| Gaming | 2020 | $26M | Series A | |
| Energy | 2023 | €44M | Series B | |
| AI | 2017 | $8.2M | Seed | |
| Biotech | 2019 | €9.5M | Debt Financing | |
| Analytics | 2015 | $7.3M | Series A | |
| AI | 2019 | €2.5M | Seed | |
| Analytics | 2018 | €1.3M | Debt Financing | |
| Analytics | 2014 | €17.7M | Venture Round | |
| Marketing | 2014 | $4.1M | — | |
| Biotech | 2016 | $32.2M | Venture Round | |
| Enterprise | 2020 | €28.3M | Venture Round | |
| Energy | 2020 | €15M | Corporate Round | |
| SaaS | 2020 | €900k | Seed | |
| Fintech | 2021 | €3M | Seed | |
| Gaming | 2013 | $20.8M | Grant | |
| AI | 2018 | €1.8M | Seed | |
| Media | 2015 | €52.1M | Series B | |
| Fashion | 2024 | $1.5M | Pre-Seed | |
| Infrastructure | 2012 | $15.5M | Series A | |
| Manufacturing | 2021 | $12.2M | Seed | |
| Media | 2015 | €32.5M | Series B | |
| Logistics | 1949 | €110M | Debt Financing | |
| SaaS | 2022 | €2.8M | Seed | |
| Hardware | 2021 | €50M | Debt Financing | |
| Gaming | 2019 | €22M | Seed | |
| Fintech | 2020 | €18.8M | Series A | |
| AI | 2021 | $8M | Seed | |
| Travel | 2014 | $8.6M | Series A | |
| AI | 2017 | $17.1M | Series A | |
| Enterprise | 2020 | €126M | Debt Financing | |
| Mobility | 2009 | $77.5M | Corporate Round | |
| Enterprise | 2017 | €11.8M | Series A | |
| Manufacturing | 2024 | €2.4M | Seed | |
| Biotech | 2011 | €27.8M | Venture Round | |
| AI | 2017 | RUB990M | Venture Round | |
| Analytics | 2016 | $1.8M | Seed |
