Top 81 Helsinki Startups to Watch in 2026
Helsinki is home to a diverse group of companies across many sectors. The city's business environment supports both new ventures and established industry leaders.
This includes companies like RELEX Solutions, which has raised over $814.6M for its retail planning platform. Others range from AI cloud services to satellite communication technology.
Below is our list of 81 Helsinki startups worth keeping an eye on.
Failory's Top 10 Picks
DataCrunch.io runs a cloud service providing high-performance computing for AI and machine learning models. The platform gives developers on-demand access to powerful GPUs, making it easier to build, train, and deploy complex applications.
| Year Founded | 2018 |
| Founders | Ruben Bryon |
| Funding Amount | $78.6M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Tesi, Nordea, byFounders, Danske Bank, Varma Mutual Pension Insurance Company |
MuniFin provides specialized credit and financing for Finland's public sector. The institution is a key financial partner for municipalities, wellbeing services counties, and social housing projects.
| Year Founded | 1989 |
| Founders | — |
| Funding Amount | $4.7B |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | — |
ReOrbit builds software-defined satellites, giving nations and organizations complete control over their own secure communication networks. Their core platform is a versatile satellite bus that can be reconfigured in orbit to support a wide range of missions.
| Year Founded | 2019 |
| Founders | Mina Rajabi, Sethu Saveda Suvanam |
| Funding Amount | $63.9M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | 10x Founders, Icebreaker.vc, Inventure, Seraphim Space, Yes VC |
One Click LCA builds a life cycle assessment platform designed to help decarbonize the construction and manufacturing industries. The software is a leading tool for calculating a project's carbon footprint and generating environmental product declarations.
| Year Founded | 2001 |
| Founders | Panu Pasanen |
| Funding Amount | $40M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Private Equity |
| Top Investors | PSG Equity, InfraVia Capital Partners |
RELEX Solutions develops an AI-powered platform that unifies supply chain and retail planning for consumer brands and retailers. Their technology helps companies optimize demand forecasting and inventory to improve operational efficiency.
| Year Founded | 2005 |
| Founders | Johanna Småros, Michael Falck, Mikko Kärkkäinen |
| Funding Amount | $814.6M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Debt Financing |
| Top Investors | TCV, BP, Nordea, Blackstone Group, Summit Partners |
HMD designs and manufactures mobile phones, acting as the exclusive home for Nokia-branded devices. They are recognized for combining durable, Scandinavian design with a pure and secure Android experience across their product line.
| Year Founded | 2016 |
| Founders | Jean-Francois Baril |
| Funding Amount | $330M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series A |
| Top Investors | Google, Nokia, Qualcomm, Ginko Ventures, FIH Mobile |
Varjo develops high-fidelity virtual and mixed reality headsets for professional and industrial use. Their technology is known for its human-eye resolution, enabling photorealistic immersion for designers, pilots, and researchers.
| Year Founded | 2016 |
| Founders | Klaus Melakari, Niko Eiden, Roope Rainisto, Urho Konttori |
| Funding Amount | $171.7M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | European Investment Bank, NVIDIA, Tesi, EQT Ventures, Lifeline Ventures |
SATO provides thousands of rental apartments across Finland's largest growth centers. They are a forerunner in sustainable rental housing, aiming to provide a high level of service to their tenants.
| Year Founded | 1940 |
| Founders | — |
| Funding Amount | $550M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | European Investment Bank, Sumitomo Mitsui Banking, Aktia Bank |
Ahlstrom creates specialized, fiber-based materials for a wide range of industries, from healthcare to transportation. These materials form the basis of many everyday products, including filters, medical fabrics, and sustainable food packaging.
| Year Founded | 1851 |
| Founders | Antti Ahlström |
| Funding Amount | $60M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Debt Financing |
| Top Investors | — |
10. ONEiO
ONEiO offers a cloud-native integration automation platform designed to connect various business applications for enterprise customers. The company specializes in automating workflows between ITSM and DevOps tools, allowing teams to build integrations without writing code.
| Year Founded | 2011 |
| Founders | Janne Kärkkäinen, Juha Berghäll, KAI VIRKKI, Olli Nuortila |
| Funding Amount | $17.4M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Tesi, Inventure, European Innovation Council, Fairpoint Capital, EASME |
71 Additional Helsinki Startups Worth Following
The top 10 are just a small slice of what’s happening in Helsinki right now. Founders across the city are tackling big problems, raising a combined total of over two billion dollars.
You'll find a mix of new and established companies, with a strong showing in areas like AI, gaming, and analytics. Here’s a look at the rest of the startups shaping the Helsinki startup ecosystem.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
 Wolt | Media | 2014 | $822.5M | Series E |
 Puro.earth | Enterprise | 2018 | $11M | Series B |
 Inven | AI | 2022 | $12.7M | Series A |
 Onego Bio | Biotech | 2022 | $71.1M | Venture Round |
 Carbo Culture | Environment | 2016 | $27.5M | Series A |
 Renow | SaaS | 2022 | $1.8M | Seed |
 Zenniz | SaaS | — | $2M | Venture Round |
 Neural DSP | Hardware | 2017 | $5.9M | Series A |
 Metacore Games | Gaming | 2020 | $175M | Debt Financing |
 Cardiolyse | Analytics | 2015 | $1.4M | — |
 Supermetrics | Analytics | 2013 | €43.5M | Series B |
 Mainframe Industries | Gaming | 2019 | €26.9M | Series B |
 Swappie | Hardware | 2016 | $187.9M | Secondary Market |
 Perfat Technologies | Media | 2023 | €3.5M | Series A |
 Solar Foods | Biotech | 2017 | $76.7M | Grant |
 Quicksave Interactive | Media | 2017 | $1.7M | Venture Round |
 Aiforia | AI | 2013 | €21.2M | Series B |
 Swarmia | Enterprise | 2019 | €16.7M | Series A |
 Aibidia | Analytics | 2018 | $47.3M | Series B |
 Elmery | Manufacturing | 2022 | €4.8M | Grant |
 TILT Biotherapeutics | Media | 2013 | $71.1M | Series B |
 Tesseract | Fintech | 2017 | $25.4M | Series A |
 Smartly.io | Marketing | 2013 | $22.8M | Venture Round |
 Klevu | Retail | 2013 | $17.9M | Series A |
 Bob W | Travel | 2018 | €71M | Series B |
 Yousician | Media | 2010 | $32.8M | Series B |
 Silo.AI | AI | 2017 | €10M | Private Equity |
 UpCloud | Cloud | 2011 | €22M | Series B |
 Sievo | Analytics | 2003 | $44M | Private Equity |
 Zero | SaaS | 2024 | $2.7M | Pre-Seed |
 Supercell | Gaming | 2010 | $143M | Series B |
 Happeo | Cloud | 2017 | $46M | Series B |
 IPRally | AI | 2018 | €12.4M | Series A |
 Olakino | AI | 2022 | €529.7k | Convertible Note |
 AlbiCoins | Enterprise | 2023 | $100k | Private Equity |
 Noice | Gaming | 2020 | $26M | Series A |
 Steady Energy | Energy | 2023 | €44M | Series B |
 MVision AI | AI | 2017 | $8.2M | Seed |
 AppFollow | Analytics | 2015 | $7.3M | Series A |
 Ellie.ai | AI | 2019 | €2.5M | Seed |
 Infine | Analytics | 2018 | €1.3M | Debt Financing |
 HappySignals | Analytics | 2014 | €17.7M | Venture Round |
 PromoRepublic | Marketing | 2014 | $4.1M | — |
 Valo Therapeutics | Biotech | 2016 | $32.2M | Venture Round |
 eBrands | Enterprise | 2020 | €28.3M | Venture Round |
 P2X Solutions | Energy | 2020 | €15M | Corporate Round |
 Teamspective | SaaS | 2020 | €900k | Seed |
 FinanceKey | Fintech | 2021 | €3M | Seed |
 Next Games | Gaming | 2013 | $20.8M | Grant |
 Saidot | AI | 2018 | €1.8M | Seed |
 Bought | Fashion | 2024 | $1.5M | Pre-Seed |
 HypeHype | Infrastructure | 2012 | $15.5M | Series A |
 CurifyLabs | Manufacturing | 2021 | $12.2M | Seed |
 Basemark | Media | 2015 | €32.5M | Series B |
 ESL Shipping | Logistics | 1949 | €110M | Debt Financing |
 Synergi | SaaS | 2022 | €2.8M | Seed |
 BIT ODD | Gaming | 2019 | €22M | Seed |
 Zyfra | AI | 2017 | RUB990M | Venture Round |
 Measurlabs | AgTech | 2017 | $4.3M | Seed |
 Foodiq | Food | 2015 | $23M | Undisclosed |
 Shook | Enterprise | 2021 | $2.2M | Pre-Seed |
 In Parallel | Enterprise | 2023 | $2.8M | Pre-Seed |
 MedicubeX | Healthcare | 2020 | $3.3M | Undisclosed |
 Upgrade Entertainment | SaaS | 2024 | $300k | Seed |
 Enento Group | Analytics | 1905 | $180M | Debt Financing |
 Komu Homes | Real Estate | 2021 | $1.2M | Pre-Seed |
 Boksi | Marketing | 2018 | $9.9M | Series A |
 Vapaus | Sports | 2018 | $18.3M | Debt Financing |
 GlucoModicum | Healthcare | 2018 | $2.5M | Grant |
 Ilmatar | Energy | 2011 | $700M | Debt Financing |
 TWICE COMMERCE ® | Retail | 2018 | $5M | Seed |
