Finland has grow to be one in every of Europe’s most dynamic startup hubs, powered by sturdy public assist, deep expertise swimming pools, and a collaborative innovation tradition. Its aggressive edge in digital infrastructure, R&D depth, and clear regulatory methods continues to draw each native and worldwide founders, creating an ecosystem constructed for world scale.
In response to PitchBook, Finnish startups raised over €1.5B in enterprise capital in 2025, fuelled by fast development in quantum computing, house tech, healthtech, and enterprise software program. With this momentum, Finland now stands out amongst Nordic innovation hubs for its capacity to draw sizable capital and assist corporations from early-stage ideas to globally aggressive scaleups.
With that in thoughts, listed below are 10 Finnish VC corporations to look at in 2026, funds that play an important position on the earliest phases, backing pre-idea, pre-seed, and seed founders with funding, networks, and hands-on assist to get began in Finland.
Voima Ventures
Founder/s: Inka Mero, Mikko Kumpulainen
Based yr: 2019
One of many main deeptech buyers within the z Nordics is Voima Ventures. It backs corporations constructed round scientific breakthroughs fairly than short-term market tendencies. The agency focuses on improvements in superior supplies, life sciences, artificial biology, round chemistry, and local weather know-how.
Final yr, the VC agency closed a €100 million Fund III to assist 25-30 deeptech startups throughout the Nordic and Baltic areas. It invested €200K to €3 million in these corporations. Its focus areas embody life sciences, power, meals, quantum know-how, and superior AI. This fund invested in notable startups, together with ÄIO and Liquid Sun.
Lifeline Ventures
Founder/s: Timo Ahopelto, Petteri Koponen
Based yr: 2009
Lifeline Ventures is legendary for recognizing distinctive founders lengthy earlier than they grow to be class leaders. The agency just lately closed a €150M fifth fund, persevering with its technique of investing extraordinarily early, generally even earlier than an organization is integrated. Its speciality lies in backing daring bets in healthtech, gaming, software program, defence, and industrial automation.
The agency’s portfolio historical past speaks for itself. It was an early investor in Wolt, Aiven, Oura, ICEYE, and Supercell. Lifeline Ventures continues to be one in every of Europe’s most constant unicorn producers.
The VC’s preliminary funding is from €100K to €2 million per deal.
Enterprise Finland
Founder/s: Tekes and Finpro
Based yr: 2018
Enterprise Finland performs a novel position within the ecosystem as a state-backed organisation offering grants, loans, and co-investment to Finnish startups from early prototypes to world growth. In contrast to conventional VCs, Enterprise Finland is structured to assist the nationwide innovation technique, enabling founders to validate dangerous concepts with out quick industrial stress.
It helps globalisation via export applications, R&D incentives, and innovation partnerships between startups and bigger industrial gamers. Many notable Finnish startups, together with NPHarvest, have benefited from Enterprise Finland assist.
The VC gives €60 to €100 ok to younger startups and €250K to round €1.25 million for corporations with structured innovation applications.
Redstone
Founder/s: Samuli Sirén, Michael Brehm
Based yr: 2014
As an alternative of sustaining a single conventional fund, Redstone companions with corporates, authorities our bodies, and institutional buyers to construct specialised funds in areas similar to fintech, local weather, industrial tech, and digital well being.
Portfolio examples embody FICUS, Noteless and BTRY. Redstone’s strategy positions it as a robust companion for founders constructing in complicated, regulated, or rising know-how markets. This VC invests between €200K and €5 million, relying on the startup’s working sector.
Kvanted
Founder/s: Maria Wasastjerna, Eerik Paasikivi, Axel Ahlström
Based yr: 2023
Early-stage investor Kvanted connects conventional industries with modern know-how startups. It invests in each {hardware} and software program, in addition to service corporations creating new options for the commercial worth chain, with a robust give attention to industrial automation, sustainability, and provide chain resilience.
Kvanted Ventures closed its first fund of €70 million and invested in practically 20 corporations with preliminary investments starting from €500K to €3 million. Its portfolio consists of French deeptech startup Samp and Iceland-based Euler.
Wave Ventures
Founder/s: Andreas Saari, Anton Backman, Janne Korpela, Olli Rissanen, Aleksis Tapper, Henri Hyvärinen, Pauliina Martikainen, Eero Vartiainen
Based yr: 2016
One of many first European student-driven enterprise capital corporations, Wave Ventures, backs very early founding groups, typically on the concept or prototype stage, making it a important launchpad for first-time entrepreneurs. It focuses on founders constructing next-gen instruments in software program, local weather, biotech, client apps, and digital infrastructure.
The Gen Z VC agency closed its third fund at €7 million, tripling the scale of its earlier fund. The investor backed Slack, Skype, Supercell, Wolt, and Bolt, amongst others. It gives as much as €100K early-stage funding from its fund.
Nostetta Ventures
Founder/s: Noora Tuikka, Minna Vanninen
Based yr: 2020
Nostetta Ventures invests in pre-seed and early-stage rounds, specializing in Nordic founders tackling world issues in software program, local weather, and rising B2B applied sciences. The agency goals to assist sensible improvements that may shortly discover actual clients and scalable income streams. It invests between €30K and €150K in these startups.
As an lively backer within the Finnish ecosystem, Nostetta has supported corporations creating office automation instruments, supply-chain optimisation software program, and next-generation digital platforms. Its portfolio focus makes it a significant participant in Finland’s early-stage setting.
NordicNinja VC
Founder/s: Tomosaku Sohara, Shinichi Nikkuni, Marek Kiisa, Rainer Sternfeld
Based yr: 2019
NordicNinja VC focuses on local weather tech, mobility, robotics, digital society, and industrial automation. The agency just lately launched its second fund, persevering with its mission to assist founders constructing globally scalable deep tech. Its cross-continental community connects Nordic startups with experience and clients in Japan and different Asian markets, creating growth alternatives that almost all European VCs can’t provide.
Its portfolio options well-known corporations similar to Bolt, Einride, H2 Green Steel, and Kognic. NordicNinja actively backs options that assist carbon discount, sustainable manufacturing, and trendy infrastructure. It invests €2 million to €8 million throughout Sequence A and B rounds.
Vendep Capital
Founder/s: Sakari Pihlava, Jupe Arala, Hannu Kytölä
Based yr: 2013
A distinguished Finnish VC agency, Vendep Capital, specialises in B2B SaaS and AI-driven enterprise software program. The agency just lately raised an €80M fund aimed toward backing Europe’s subsequent era of SaaS founders. Vendep’s staff consists of former entrepreneurs who perceive the realities of scaling subscription companies.
Its portfolio consists of corporations like Leadfeeder, Vainu, Happeo, SaaS.group, and new AI-era SaaS startups rising from the Nordics. Vendep has grow to be a go-to investor for founders constructing mission-critical software program with world market ambition. It invests €100k to three million in it’s portfolio corporations.
Maki.vc
Founder/s: Ilkka Kivimäki, Pauliina Martikainen-Rahnu, Pirkka Palomäki, Paavo Räisänen
Based yr: 2018
Maki.vc backs founders from pre-seed to Sequence A. Its €100M fund helps improvements in quantum, computation, supplies, local weather, and inexperienced chemistry. In contrast to many VCs, Maki takes a inventive strategy to company-building, serving to founders refine product narratives, go-to-market methods, and model positioning alongside technical improvement.
The portfolio consists of startups similar to Happeo, Revela, EniferBio, Volare, and Quantum Motion, spanning biotechnology, quantum computing, and round supplies. Maki.vc invests between €300K and €3 million in portfolio corporations.
