The Full List of 5 Unicorn Startups in Finland (2026)
Finland is home to five unicorn startups, with companies in fields from health tech to quantum computing. The group is led by health and wellness company Oura, valued at $11 billion, and retail planning platform RELEX Solutions, with a $6 billion valuation.
The country's technology scene also includes companies like Aiven, which provides open-source data tools and has raised $420 million.
Below is the full list of 5 Finland unicorn startups at this time.
Top 5 Most Valuable Finland Unicorns
Oura builds a wearable smart ring that tracks sleep, activity, and other key health metrics. They are best known for providing deep sleep analysis and personalized readiness scores to help users optimize their health.
| Valuation | $11B (Joined April 2022) |
| Headquarters | Oulu, Oulu, Finland |
| Year Founded | 2013 |
| Founders | Markku Koskela, Petteri Lahtela |
| Funding Amount | $1.5B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Bank of America, Temasek Holdings, Alumni Ventures, Citi, Andreessen Horowitz |
RELEX Solutions has developed an AI-driven platform that helps retailers and consumer goods companies unify their supply chain and retail planning processes. Their system is designed to improve forecasting, inventory management, and overall operational efficiency from a single source of truth.
| Valuation | $6B |
| Headquarters | Helsinki, Southern Finland, Finland |
| Year Founded | 2005 |
| Founders | Johanna Småros, Michael Falck, Mikko Kärkkäinen |
| Funding Amount | $814.6M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | TCV, Nordea, Summit Partners, BP, Blackstone Group |
Aiven provides a managed platform that helps businesses run open-source data technologies on any major cloud provider. Their service handles the complex setup and maintenance, allowing development teams to focus on building applications instead of managing infrastructure.
| Valuation | $3.21B (Joined October 2021) |
| Headquarters | Helsinki, Southern Finland, Finland |
| Year Founded | 2016 |
| Founders | Hannu Valtonen, Heikki Nousiainen, Oskari Saarenmaa |
| Funding Amount | $420M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Salesforce Ventures, IVP, Lifeline Ventures, BlackRock, Atomico |
IQM Quantum Computers builds full-stack, superconducting quantum computers for research institutions and supercomputing centers. They partner with industrial clients through a unique co-design process to develop application-specific quantum solutions.
| Valuation | $1B |
| Headquarters | Espoo, Southern Finland, Finland |
| Year Founded | 2018 |
| Founders | Jan Goetz, Juha Vartiainen, Kuan Tan, Mikko Möttönen |
| Funding Amount | $569.1M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | 55 North, Ten Eleven Ventures, Vsquared Ventures, European Investment Bank, Tesi |
HMD designs and manufactures mobile phones and tablets, serving as the exclusive home for the Nokia brand. They are known for combining classic Scandinavian design with reliable performance and up-to-date Android security features.
| Valuation | $1B |
| Headquarters | Helsinki, Southern Finland, Finland |
| Year Founded | 2016 |
| Founders | Jean-Francois Baril |
| Funding Amount | $330M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series A |
| Top Investors | FIH Mobile, Google, Qualcomm, Ginko Ventures, Nokia |
