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Top 100 Southern Finland Startups to Watch in 2026

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Southern Finland's startup scene is defined by companies working on complex technologies. The area is a hub for businesses in quantum computing, aerospace, and artificial intelligence.

Supply chain company RELEX Solutions leads with over $814M in funding. Other notable companies include IQM Quantum Computers with $569.1M and satellite firm ICEYE with $529.6M.

Below is our list of 100 Southern Finland startups worth keeping an eye on.

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IQM Quantum Computers builds superconducting full-stack quantum computer systems for research institutions and developers. Their on-premises hardware is designed to help scientists and businesses explore the future of computing.

Year Founded2018
FoundersJan Goetz, Juha Vartiainen, Kuan Tan, Mikko Möttönen
Funding Amount$569.1M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top Investors55 North, European Investment Bank, Ten Eleven Ventures, Tesi, Vsquared Ventures

DataCrunch.io provides a cloud service platform built to help companies utilize and integrate AI and machine learning models. They offer high-performance GPU infrastructure, allowing teams to efficiently train and deploy complex applications.

Year Founded2018
FoundersRuben Bryon
Funding Amount$78.6M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsTesi, Nordea, byFounders, Danske Bank, Varma Mutual Pension Insurance Company

MuniFin provides crucial financing for Finland’s public sector, serving municipalities, wellbeing services counties, and social housing projects. As a specialized credit institution, their lending ensures that communities can access essential services and invest in socially responsible initiatives.

Year Founded1989
Founders
Funding Amount$4.7B
Startup SizeMid-Size Team (51-250)
Last Funding StatusDebt Financing
Top Investors

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.

Year Founded2019
FoundersMina Rajabi, Sethu Saveda Suvanam
Funding Amount$63.9M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top Investors10x Founders, Icebreaker.vc, Inventure, Seraphim Space, Yes VC

ICEYE operates a large constellation of radar satellites that provide reliable earth observation data through any weather conditions. Their platform offers analytics and near real-time insights for industries such as insurance, maritime surveillance, and disaster response.

Year Founded2014
FoundersPekka Laurila, Rafal Modrzewski
Funding Amount$529.6M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsBlackRock, Draper Associates, Tesi, BAE Systems, Starlight Ventures

One Click LCA builds life cycle assessment software to help the construction and manufacturing industries decarbonize their projects. The platform automates environmental impact calculations, making it easier for companies to pursue green building certifications and report on sustainability.

Year Founded2001
FoundersPanu Pasanen
Funding Amount$40M
Startup SizeMid-Size Team (51-250)
Last Funding StatusPrivate Equity
Top InvestorsPSG Equity, InfraVia Capital Partners

RELEX Solutions offers a unified AI-based platform that enhances supply chain and retail planning. Their technology helps companies forecast demand, automate replenishment, and optimize their overall operations from end to end.

Year Founded2005
FoundersJohanna Småros, Michael Falck, Mikko Kärkkäinen
Funding Amount$814.6M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusDebt Financing
Top InvestorsTCV, BP, Nordea, Blackstone Group, Summit Partners

The European manufacturer HMD builds the iconic Nokia mobile phones, focusing on creating durable and accessible devices. They are also introducing a new line of HMD original smartphones built with the same philosophy.

Year Founded2016
FoundersJean-Francois Baril
Funding Amount$330M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries A
Top InvestorsGoogle, Nokia, Qualcomm, Ginko Ventures, FIH Mobile

Varjo builds advanced virtual and mixed reality hardware for demanding industrial applications. Their high-resolution headsets and software are used by professionals for photorealistic simulations in fields like aviation, medicine, and engineering.

Year Founded2016
FoundersKlaus Melakari, Niko Eiden, Roope Rainisto, Urho Konttori
Funding Amount$171.7M
Startup SizeLarge Team (251-1,000)
Last Funding StatusDebt Financing
Top InvestorsEuropean Investment Bank, NVIDIA, Tesi, EQT Ventures, Lifeline Ventures

Metsä Group is a forest industry group that uses renewable wood from sustainably managed northern forests. They focus on producing wood products, pulp, fresh fibre paperboards, and tissue and greaseproof papers.

Year Founded1934
Founders
Funding Amount$207.4M
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusDebt Financing
Top InvestorsY Combinator, European Commission

90 Additional Southern Finland Startups Worth Following

The top 10 are just a small slice of the activity across Southern Finland right now. Together, these companies have raised over $3 billion and are pushing forward in areas like AI, analytics, and biotech. Some are early in their journey, while others are scaling fast. Here’s a look at the 90 other startups that are part of what makes the region’s startup scene so strong.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
SATO logo SATORetail1940$550MDebt Financing
Agate Sensors logo Agate SensorsManufacturing2023$5.6MSeed
Ahlstrom-Munksjö logo Ahlstrom-MunksjöManufacturing1851$60MDebt Financing
ONEiO logo ONEiOEnterprise2011$17.4MVenture Round
Wolt logo WoltMedia2014$822.5MSeries E
IXI logo IXIFashion2021$40.9MSeries A
Puro.earth logo Puro.earthEnterprise2018$11MSeries B
Inven logo InvenAI2022$12.7MSeries A
SkySQL logo SkySQLInfrastructure2023$6.6MSeed
Gasum logo GasumEnergy1994$175MDebt Financing
Onego Bio logo Onego BioBiotech2022$71.1MVenture Round
Carbo Culture logo Carbo CultureEnvironment2016$27.5MSeries A
Renow logo RenowSaaS2022$1.8MSeed
Zenniz logo ZennizSaaS$2MVenture Round
Neural DSP logo Neural DSPHardware2017$5.9MSeries A
Metacore Games logo Metacore GamesGaming2020$175MDebt Financing
Cardiolyse logo CardiolyseAnalytics2015$1.4M
Supermetrics logo SupermetricsAnalytics2013€43.5MSeries B
Mainframe Industries logo Mainframe IndustriesGaming2019€26.9MSeries B
Swappie logo SwappieHardware2016$187.9MSecondary Market
Enfuce logo EnfuceFintech2016€70.5MVenture Round
Perfat Technologies logo Perfat TechnologiesMedia2023€3.5MSeries A
Kuva Space logo Kuva SpaceAnalytics2016€23.3MSeries A
Solar Foods logo Solar FoodsBiotech2017$76.7MGrant
Quicksave Interactive logo Quicksave InteractiveMedia2017$1.7MVenture Round
Aiforia logo AiforiaAI2013€21.2MSeries B
Enifer logo EniferBiotech2020€48MSeries B
Hoxhunt logo HoxhuntHardware2016$43.3MSeries B
Swarmia logo SwarmiaEnterprise2019€16.7MSeries A
Aibidia logo AibidiaAnalytics2018$47.3MSeries B
Elmery logo ElmeryManufacturing2022€4.8MGrant
SemiQon logo SemiQonHardware2022€19.4MVenture Round
TILT Biotherapeutics logo TILT BiotherapeuticsMedia2013$71.1MSeries B
Tesseract logo TesseractFintech2017$25.4MSeries A
Smartly.io logo Smartly.ioMarketing2013$22.8MVenture Round
Klevu logo KlevuRetail2013$17.9MSeries A
Epassi Group logo Epassi GroupFintech2007€41.5MPrivate Equity
Bob W logo Bob WTravel2018€71MSeries B
Yousician logo YousicianMedia2010$32.8MSeries B
Silo.AI logo Silo.AIAI2017€10MPrivate Equity
UpCloud logo UpCloudCloud2011€22MSeries B
QMill logo QMillInfrastructure2024€5MSeed
Sievo logo SievoAnalytics2003$44MPrivate Equity
Paptic logo PapticManufacturing2015$58.3MVenture Round
Zero logo ZeroSaaS2024$2.7MPre-Seed
Supercell logo SupercellGaming2010$143MSeries B
Happeo logo HappeoCloud2017$46MSeries B
IPRally logo IPRallyAI2018€12.4MSeries A
Olakino logo OlakinoAI2022€529.7kConvertible Note
NPHarvest logo NPHarvestBiotech2023€2.2MGrant
Infinited Fiber Company logo Infinited Fiber CompanyBiotech2016€84.6MSeries B
ROI logo ROIMedia2018€915kAngel
AlbiCoins logo AlbiCoinsEnterprise2023$100kPrivate Equity
Noice logo NoiceGaming2020$26MSeries A
Steady Energy logo Steady EnergyEnergy2023€44MSeries B
MVision AI logo MVision AIAI2017$8.2MSeed
Origin by Ocean logo Origin by OceanBiotech2019€9.5MDebt Financing
AppFollow logo AppFollowAnalytics2015$7.3MSeries A
Ellie.ai logo Ellie.aiAI2019€2.5MSeed
Infine logo InfineAnalytics2018€1.3MDebt Financing
HappySignals logo HappySignalsAnalytics2014€17.7MVenture Round
PromoRepublic logo PromoRepublicMarketing2014$4.1M
Valo Therapeutics logo Valo TherapeuticsBiotech2016$32.2MVenture Round
eBrands logo eBrandsEnterprise2020€28.3MVenture Round
P2X Solutions logo P2X SolutionsEnergy2020€15MCorporate Round
Teamspective logo TeamspectiveSaaS2020€900kSeed
FinanceKey logo FinanceKeyFintech2021€3MSeed
Next Games logo Next GamesGaming2013$20.8MGrant
Saidot logo SaidotAI2018€1.8MSeed
Dispelix logo DispelixMedia2015€52.1MSeries B
Bought logo BoughtFashion2024$1.5MPre-Seed
HypeHype logo HypeHypeInfrastructure2012$15.5MSeries A
CurifyLabs logo CurifyLabsManufacturing2021$12.2MSeed
Basemark logo BasemarkMedia2015€32.5MSeries B
ESL Shipping logo ESL ShippingLogistics1949€110MDebt Financing
Synergi logo SynergiSaaS2022€2.8MSeed
Skarta Energy logo Skarta EnergyHardware2021€50MDebt Financing
BIT ODD logo BIT ODDGaming2019€22MSeed
Zevoy logo ZevoyFintech2020€18.8MSeries A
Quantrol Ox logo Quantrol OxAI2021$8MSeed
MeetingPackage logo MeetingPackageTravel2014$8.6MSeries A
Sensible 4 logo Sensible 4AI2017$17.1MSeries A
GoByBike logo GoByBikeEnterprise2020€126MDebt Financing
Rightware logo RightwareMobility2009$77.5MCorporate Round
Surgify logo SurgifyEnterprise2017€11.8MSeries A
Arctic Instruments logo Arctic InstrumentsManufacturing2024€2.4MSeed
Desentum logo DesentumBiotech2011€27.8MVenture Round
Zyfra logo ZyfraAI2017RUB990MVenture Round
Foodello - Fiksuruoka.fi logo Foodello - Fiksuruoka.fiAnalytics2016€22.9MVenture Round
Confidentialmind logo ConfidentialmindAI2023€1.6MDebt Financing

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