Companies
No case is too early for us. We often help companies with their first crucial steps and continue supporting them through their growth. We look for teams that have the potential to become category leaders in fields such as climate tech, health, hardware, marketplaces, and software but we acknowledge that the most interesting opportunities can come from anywhere.
We only invest in companies where we believe we can truly help. We want to be the first ones the entrepreneur reaches out to in times of trouble and joy.
Filter Companies
Aiven
Aiven provides fully managed cloud database and messaging services hosted in the cloud of the customer’s choice, including Amazon Web Services, Google Cloud Platform, and Microsoft Azure. Its mission is to allow developers to focus on building awesome applications without worrying about data infrastructure management.
CEO: Oskari Saarenmaa
Founders: Oskari Saarenmaa, Heikki Nousiainen, Mika Eloranta, Hannu Valtonen
Akkurate
Akkurate’s team has a broad experience in battery production chain, battery development and lifecycle management. Services include technology consulting, testing and analysis, specification optimization, charging system design, manufacturing assessments and for example complete technical supplier evaluation.
CEO: Mika Kanninen
Founders: Mika Kanninen, Lauri Pulkkinen, Jari Koskinen, Kimmo Valo
Altum Technologies
The first company in the world that can completely control power ultrasound to clean fouling from different type of equipment without stopping production. The disruptive technology also minimizes maintenance time, energy consumption and use of hazardous chemicals in these cleaning processes.
CEO: Matias Tainela
Founders: Matias Tainela, Bo Malmberg, Petro Moilanen, Timo Rauhala, Edward Haeggström
Ambio
We provide a seamless procurement experience for businesses by handling sourcing, logistics, and quality assurance – making sustainability simple and economically viable for manufacturers of all sizes. With a selection of recycled plastics from top European suppliers, Ambio empowers companies to access high-quality materials while reducing their environmental impact.
CEO: Tommi Bergström
Founders: Tommi Bergström, Elmo Pakkanen
Ambronite
With delicious 100% plant-based meal shakes which quench hunger for 4 hours, Ambronite helps to maintain a complete diet anywhere and any time of the day. No nasties or artificial ingredients. Just pure real food in formats that are gentle on the stomach.
CEO: Mikko Ikola
Founders: Mikko Ikola, Simo Suoheimo, Arno Paula
Applifier
Applifier was a leading mobile game service provider and it enabled mobile game developers acquire and monetize their audiences. The company’s products were Everyplay, a mobile game video replay platform, and GameAds, an in-game video advertising network. Unity Technologies acquired Applifier in 2014.
CEO: Jussi Laakkonen
Founders: Jalmari Raippalinna, Jussi Laakkonen, Matti Savolainen, Pekka Aakko
Arex
AREX’s product is an automated receivables exchange platform where SME invoices are converted into a tradable asset class called Exchange Traded Receivables (ETRs). ETRs are then sold on an open market where a single ETR can be purchased by one or multiple investors using automated trading bots.
CEO: Airto Vienola
Founders: Kim Forsman, Perttu Jalkanen, Hannu Krosing
BetterDoctor
BetterDoctor is the trusted source of validated doctor data. The company delivers accurate provider directory data to ensure health plans, health systems, provider groups, and doctors are regulation-compliant and can provide patients with care they’re looking for. Quest Analytics acquired BetterDoctor in 2018.
CEO: Ari Tulla
Founders: Ari Tulla, Tapio Tolvanen
Blast
BLAST Pro Series is the home of live Counter-Strike entertainment and the world’s most exciting live esports tournament. All the favorite teams battle it out live on stage. A format that delivers the best experience for the players, the sport and the audience whether watched at home or in the buzzing arena.
CEO: Robbie Douek
Founders: Nikolaj Nyholm, Jakob Lund Kristensen
Blok
Blok is a new type of digital real estate agency where the seller shows the apartment to interested buyers while Blok takes care of the rest, including photographing the apartment, creating the listing, tending to marketing and arranging for brochures, the deed of sale and other documents required to sell an apartment.
CEO: Rudi Skogman
Founders: Rudi Skogman, Juha Jokela, Samu Hautala, Olli Gunst
Calectra
Calectra is developing a novel thermal storage technology to provide low-cost, zero-carbon, up to 1600°C process heat for manufacturing industries like cement and steel. Its thermal storage system converts electricity from the grid or on-site renewables into high-temperature heat within its patent-pending bricks, stores the heat, and then delivers it to industrial manufacturers on demand. Backed by the US Department of Energy and New York State.
CEO: Pauliina Meskanen
Founders: Pauliina Meskanen, Nate Weger
callstats.io
The callstats.io SaaS product helps software developers quickly set up, build, and scale communications applications by monitoring and managing the WebRTC performance of each end point in real-time. The callstats.io product integrates with various third party SDKs and is incorporated into popular PaaS solutions.
CEO: Varun Singh
Founders: Joerg Ott, Marcin Nagy, Varun Singh
Candela 683
Candela builds a studio product for artists to create digital art uniquely suited for viewing on modern high definition and high dynamic range screens.
CEO: Kai Bäckman
Founders: Kai Bäckman, Luke Church
Carbo Culture
Carbo Culture carbonizes biomass waste into biocarbon products for soil and environmental applications. By rapidly converting carbon to a solid and stable form, the company prevents it from escaping back into the atmosphere for over 100 years. The products are frequently used across industries, in agriculture and research.
CEO: Pia Henrietta Moon
Founders: Pia Henrietta Moon, Christopher Carstens
Clouder
Clouder, founded in 2023, is on a mission to enable sustainable next generation real estate by changing how building tech connectivity is done. Clouder is building virtual cabling technology for commercial real estate to reduce cables, waste, spending, and emissions both in construction and throughout lifecycle renovations.
CEO: Tomi Grönlund
Founders: Tomi Grönlund, Emma Grönlund
Cooler Future
Cooler Future is a fintech startup developing transparent and effective impact investment solutions for the climate-conscious generation. The company’s mission is to create positive climate impact by investing in assets from companies that are actively reducing their carbon footprint. With Cooler Future’s intuitive, easy-to-use mobile app, anyone can track the CO2e impact of each euro invested, while generating financial returns at the same time.
CEO: Matti Rönkkö
Founders: Matti Rönkkö, Moaffak Ahmed
CurifyLabs
Through modernizing the drug compounding process in pharmacies, CurifyLabs enables sustainable, on-demand manufacture of medicines, customized to provide safe and effective treatment for all patients. CurifyLabs is committed to automating and streamlining the drug compounding process enabling personalization of drug treatments to better fit the need of each specific patient. Our goal is to maximize the personalization potential of drug treatments for better patient outcomes with our pharmaceutical 3D printing concept. The technology is based on over 10 years of extensive academic research conducted by Professor Niklas Sandler Topelius and his research group. Today CurifyLabs serves pharmacies on several European markets with a talented team of pharmaceutical formulation developers, software engineers and quality control experts.
CEO: Charlotta Topelius
Founders: Charlotta Topelius, Niklas Sandler Topelius
Curious AI
Curious AI builds easy to use tools for intelligent automation. Its AI solutions offer immediate savings over existing IT systems and processes. Curious AI aims to generalise (AGI) the machine learning technology components for a software solution capable of human-level knowledge work.
CEO: Harri Valpola
Founders: Harri Valpola, Antti Rasmus, Timo Haanpää, Mathias Berglund, Tapani Raiko
Deep Measures
DEEP helps pharmaceutical and technology companies build digital measures of health for drug development, medical devices and patient care. DEEP provides a platform that connects expertise and resources to develop these measures end-to-end with tools and services that provide clarity and efficiencies for regulatory success. DEEP also enables the reuse of measure content and solutions.
CEO: Kai Langel
Founders: Kai Langel, Rauha Tulkki-Wilke, Chris Jones, Lada Leyens
Digital Workforce
Digital Workforce is one of the leading Robotic Process Automation (RPA) service providers in Europe, both in terms of revenue and head count. The company provides services across a range of industries and focuses exclusively on intelligent automation.
CEO: Heikki Länsisyrjä
Founders: Heikki Länsisyrjä, Jukka Virkkunen, Mika Vainio-Mattila
Dispelix
Dispelix is a designer and fabless manufacturer of the world’s first truly mass manufacturable diffractive waveguide displays and display modules. The company designs, sells, and supplies Dispelix-branded waveguide displays and display modules to product owners and their suppliers.
CEO: Antti Sunnari
Founders: Antti Sunnari, Juuso Olkkonen, Jyrki Saarinen
Ditto
Ditto was a social recommendation app, launched in 2011, for discovering and planning new places (restaurants, movies and other activities) to go with friends. Groupon acquired Ditto in 2012.
CEO: Jyri Engeström
Founders: Jyri Engeström, Ulf Schwekendiek
Droppe
The company has built an online wholesale marketplace to bulk order industrial equipment and protective workwear from Europe’s top manufacturers all with a single invoice.
CEO: Johannes Salmisaari
Founders: Johannes Salmisaari, Henrik Helenius
Ductor
Ductor’s groundbreaking technology prevents ammonia inhibition in biogas production. This is done by adding one fermentation step, prior to biogas fermentation, as well as a nitrogen stripping unit. Ductor’s patented microbiological innovation eliminates the nitrogen dilemma by turning problem waste into profitable recyclable goods.
CEO: Ari Mokko
Founders: Ari Mokko, Veikko Latvala
Enevo
Enevo is a technology-driven progressive waste management company, saving clients’ money and saving the planet, all at once. The company helps commercial organizations across the U.S. and throughout the UK and Europe measure, analyze, and manage their waste – reducing their waste-related operational costs and increasing recycling.
CEO: Fredrik Kekäläinen
Founders: Fredrik Kekäläinen, Johan Engström
Everywear Games
Everywear Games is the world’s leading creator of smartwatch games. The company was founded in 2014 by former executives from game studios Remedy, Digital Chocolate and Rovio. Exited to Supercell in 2018.
CEO: Aki Järvilehto
Founders: Aki Järvilehto, Markus Tuppurainen, Mika Tammenkoski
Flow AI
Flow AI is an evaluation and optimization product for generative AI applications. Leveraging their proven track record in building AI products, the company collaborates with leading AI companies to evaluate and refine language model systems. Founded in Helsinki in late 2020, Flow AI began as a renowned AI-powered email assistant, Flowrite, and has since evolved to address broader challenges in generative AI.
CEO: Aaro Isosaari
Founders: Aaro Isosaari, Karolus Sariola
Focal
Focal is a SaaS collaboration app for marketers and designers, combining project management and creative asset collaboration in one platform. Focal makes it easy to get from idea to launch by streamlining and automating early stages of the marketing campaign lifecycle, from briefs to final deliverables.
CEO: Andreas Stenman
Founders: Andreas Stenman, Tuomo Riekki
Front AI
Front AI is a leading company specialized in AI based Service Bots understanding natural language and automating routine contacts in customer service. Front AI helps companies provide an automated 24/7 service for customers. Front AI is initially targeting the Nordic market.
CEO: Jari Annala
Founders: Jari Annala, Matti Toivonen, Tyko Niemi
Grand Cru
Grand Cru was founded in 2011 by Finnish game industry veterans. The company develops mobile and social games. Grand Cru’s misson is to make social gaming actually mean something and let all the people participate in the fun of making things.
CEO: Antti Viitanen
Founders: Celine Pasula, Harri Granholm, Harri Hätinen, Jarno Wuolijoki, Markus Pasula, Mikko Lindstedt, Mikko Wilkman, Roope Kangas
Grey Area
Grey Area was a Finnish mobile gaming company. It’s first and most famous game was Shadow Cities, a location-based MMORPG for iOS. Grey Area released Shadow Cities for iPhone in 2011.
CEO: Ville Vesterinen
Founders: Andreas Karlsson, Mikko Hämäläinen, Teemu Tuulari, Ville Vesterinen
Griffin Refineries
Griffin Refineries is a Finnish circular economy company which produces recycled plastics, fuels, raw materials, and energy from waste. The company integrates plastics recycling and fuel production with a replicable, scalable and globally adaptable refinery concept.
CEO: Christian Abl
Founders: Hannu Lepomäki, Jorma Eloranta, Esko Aho, Eera Industrial Development
Helix Nano
HelixNano leverages synthetic biology and AI to safely and reliably express transgenes in humans – for next-generation gene therapies, genome engineering and beyond.
CEO: Hannu Rajaniemi
Founders: Hannu Rajaniemi, Nikolai Eroshenko, Carina Namih
Huuva
Huuva is the next-generation virtual food court for commercial restaurants looking to optimize their food delivery business. In a nutshell, Huuva operates technology enabled kitchens in the most optimal locations for delivery food around cities. Restaurants can focus on the cooking, while Huuva takes care of everything else. This helps restaurants minimize costs and maximize returns from delivery food, while serving delicious dishes to eaters every single time.
CEO: Ville Leppälä
Founders: Ville Leppälä, Ville Lehto
HyCom Core
HyCom Core is revolutionizing the connectivity between AI clusters by developing broadband optical links based on proprietary thin-film lithium niobate platform.
CEO: Pauli Turunen
Founders: Pauli Turunen, Seppo Honkanen, Janne Konttinen
Hyperion Robotics
Hyperion is transforming the way concrete structures are built with their 3D printing Micro-factories and low-carbon concrete made from industrial waste streams. The company works with industrial, infrastructure and building clients and helps them digitally design and robotically manufacture concrete structures without moulds with less materials and less cement, reducing project times, costs, health and safety risks and CO2 emissions.
CEO: Fernando De los Rios
Founders: Fernando De los Rios, Ashish Mohite, Henry Unterreiner
Iceye
Iceye empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. Iceye is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.
CEO: Rafal Modrzewski
Founders: Pekka Laurila, Rafal Modrzewski
In Parallel
At In Parallel, we’re on a mission to empower organizations and people to do the right things right. We deliver strategic clarity in a rapidly evolving world, using AI to create game-changing Adaptive Strategies that make organizations more agile and resilient.
In Parallel adds clarity and adaptability to your operating model. Our technology closes the gaps between strategy and execution, integrating internal and external factors to provide real-time insights that make strategies more relevant, resilient, and adaptable.
CEO: Markku Mäkeläinen
Founders: Markku Mäkeläinen, Kristian Luoma, Helmut Scherer
IndoorAtlas
IndoorAtlas is the indoor positioning platform for mobile applications. The company provides the full technology stack and building blocks to add features like indoor positioning, wayfinding, geofencing, asset tracking, and location intelligence into any experience.
CEO: Erik Piehl
Founders: Janne Haverinen, Esa Rahtu, Juho Kannala
Intergrid
Representing over 30% of all CO2 emissions, industrial heat is a core part of the carbon footprint in the food we eat, the clothes we wear, the products we use, and how we heat our homes.
Intergrid’s optimization software makes electrification easy and economically viable for industrial heat producers of all sizes.
CEO: Olli Kangas
Founders: Olli Kangas, Pasi Hakulinen, Mikko Ilmonen
Inven
Inven is an AI powered platform that enables analyzing companies and markets with ease and efficiency. By using AI to identify relevant companies and data points, the Inven platform can supercharge deal sourcing, market analysis, and multiple other workflows for M&A related professionals.
Founders: Niilo Pirttijärvi, Tommi Kupiainen, Ekku Jokinen
Karsa
Karsa is a spin-off company supported by University of Helsinki and international industry partners. The company produces innovations in the field of molecular detection. Karsa offers user-oriented solutions and targeted approach to challenges in explosives detection and state of the art research.
CEO: HJ Jost
Founders: HJ Jost, Aleksei Shcherbinin, Mikko Sipilä
Kayzen
Berlin-based startup Kayzen provides a SaaS-based solution for in-house mobile programmatic (real-time) advertising. The software platform enables app developers and agencies to take mobile programmatic in-house and reach their audiences on publishers’ inventory directly.
CEO: Tim Koschella
Founders: Tim Koschella, Puneet Gupta, Servesh Jain
Koherent
Koherent has developed the world’s most accurate and reliable positioning and distance measurement method. With mm-accuracy and km-range, this enabling technology helps bring about a future automated society, smart logistics, digital twins & self-monitoring infrastructures, both outdoors and indoors.
CEO: Kari Leppänen
Founders: Kari Leppänen, Oliver Leppänen, Werneri Männynsalo, Sari Leppänen, Sami Thelin
Kontena
Kontena provides the most easy-to-use, fully integrated solutions for DevOps and software development teams to deploy, run, monitor and operate containers on the cloud. By making these tools open source and available to everybody, the company can fuel and boost innovation for organizations regardless of their size or IT budget.
CEO: Miska Kaipiainen
Founders: Miska Kaipiainen, Jari Kolehmainen, Lauri Nevala
Louhe
#1 Cyber-Physical Security Company LOUHE.ai recognises anomalies and creates smart situational awareness with explainable artificial intelligence. The company was founded in 2020 and currently has a team of 20 people.
CEO: Janne Pirttilahti
Founders: Jukka Laakso, Hannes Huotari, Eira Hurskainen
Makie Lab
MakieLab was a toys and games company based in London, England, which sold customized 3D printed dolls. Makie dolls were first introduced to the world in 2012, and the company shipped thousands of individual dolls.
CEO: Alice Taylor
Founders: Alice Taylor, Joanna Roach, Luke Petre, Sulka Haro
Maplet
Maplet is a start-up that transforms static maps (Google and others) to interactive business tools. The company’s instantly deployed cloud service delivers maps enriched with business critical data, beautifully visualised. Maplet has over 200 customers across Europe, ranging from SMEs to large corporations and public organisations.
CEO: Tommi Pisto
Founders: Tommi Pisto, Mika Hämäläinen
mariPOC / ArcDia
ArcDia addresses healthcare’s largest problems with its rapid infectious disease diagnostics platform. Since 2011, ArcDia’s mariPOC® has been in use for rapid detection of respiratory infectious diseases. It is a near-patient technology with ease-of-use, cost-efficiency, high performance and accuracy.
CEO: Aleksi Soini
Founders: Aleksi Soini, Janne Koskinen
Measurlabs
Measurlabs provides laboratory analyses and testing services for all kinds of materials and products. We combine the best methods from hundreds of laboratories in one service and make it incredibly easy to buy laboratory analyses for complicated materials and products.
CEO: Teemu Myllymäki
Founders: Teemu Myllymäki, Kalle Lagerblom
MediSapiens
MediSapiens is a Bio-IT company with extensive knowledge in biomedical science. The company creates cutting-edge software solutions for powerful integration of biomedical data combined with intelligent tools to access the data and turn it into actionable knowledge. The company offers web-based end-to-end solutions for the entire biomedical data value chain.
CEO: Sami Kilpinen
Founders: Olli Kallioniemi, Sami Kilpinen, Tommi Pisto
Mendor
Mendor was a Finnish diabetes technology company, committed to the design, development and marketing of advanced diabetes management products. Mendor designed its products together with users and diabetes experts to address the needs of people with diabetes requiring regular blood glucose monitoring.
CEO: Kristian Ranta
Founders: Jukka Planman, Kristian Ranta, Tuomas Planman
Meru Health
Meru Health is a digital clinic treating depression and anxiety. The company’s goal is to make effective treatment widely accessible to people in need. Meru Health operates at the forefront of technology and medical science, using leading scientifically proven methods to redefine how depression and anxiety are being treated.
CEO: Kristian Ranta
Founders: Kristian Ranta, Albert Nazander, Riku Lindholm
Metroc
Metroc is helping construction companies to find new customers and gain a better market understanding. To achieve this goal we develop a market data platform consisting of everything that happens in the market including construction projects, property acquisitions, and different stakeholders.
CEO: Jussi Virnala
Founder: Jussi Virnala
Mindfield Games
Mindfield Games was an independent Finnish developer that focused on virtual reality games. The company was founded in 2013 by avid gamers and long time industry experts. Mindfield Games released its virtual reality game P.O.L.L.E.N. in 2016.
CEO: Ville Kivistö
Founders: Antti Laitinen, Ilona Lindholm, Juha Leinonen, Olli Sinerma, Ville Kivistö
Minima Processor
Minima Processor’s ultra-low power technology deploys patented Minima Dynamic Margining to minimize energy consumption of any digital logic. Minima Dynamic Margining allows the digital sub-system to always operate at the lowest possible energy for any given task, data or ambient condition.
CEO: Tuomas Hollman
Founders: Toni Soini, Lauri Koskinen, Jani Mäkipää, Tuomas Hollman
Mjuk
Mjuk is an end to end marketplace for quality second-hand furniture and design. We provide a seamless selling experience to both consumers and companies by handling both logistics and marketing. With a curated selection of quality furniture and added services the buying experience rivals any top ecommerce brand.
CEO: Rickard Zilliacus
Founders: Rickard Zilliacus, Max Heino, Casper von Pfaler
Mobal
Business listings are replacing websites, and typically, it is the last thing a business owner will spend time optimizing. Mobal.io helps businesses get discovered online by providing the best services and SaaS solutions to help businesses ensure that their online presence is as accurate and effective as possible.
CEO: Jakob Wikström
Founders: Jakob Wikström & Alexander Silén
Mojiworks
Mojiworks is a company making games for messaging. Led by veteran entrepreneurs, Mojiworks has created a unique hypersocial games framework that defines what it takes to make and operate messaging-first games that enable effortless, intuitive, social play for everyone, everywhere.
CEO: Matthew Wiggins
Founders: Matthew Wiggins, Alan Harding
Moves
The Moves app was a new way to track how much physical exercise users get in their everyday life – just by keeping a phone in the pocket or bag. The app automatically recognized activities (walk, run, cycle, transportation), routes and places. Acquired by Facebook in 2014.
CEO: Sampo Karjalainen
Founders: Aapo Kyrölä, Aleksi Aaltonen, Sampo Karjalainen
Nanojet
Nanojet is a Finnish startup enhancing microscopy with several innovations: a purely optical 3D microscope capable of nano-scale resolution, a 2D-3D Magic tool that turns ordinary 2D optical microscopes into 3D while helping in their calibration, and 3D nano-scale calibration tools.
CEO: Kristian Ahlers
Founders: Kristian Ahlers, Tuomo Ylitalo, Ivan Kassamakov
NextInox / Solu Stainless
NextInox develops and commercializes new stainless steel technologies to enhance the performance level of existing grades and to create new ones for the future. Applications for these materials range from household products to high-end technical solutions and provide value through the whole supply chain and product life-cycle in a sustainable manner.
CEO: Niko Rostedt
Founders: Niko Rostedt, Jouko Leinonen, Jorma Helin
Ninchat
Ninchat is a cloud based communication service for businesses. It can be used for team communication, customer service or live group discussions. Ninchat can be embedded anywhere the end users are – e.g. on a website, mobile site, application or a social media site.
CEO: Ville Mujunen
Founders: Ville Mujunen, Jari Jaanto, Antti Laakso, Heini Björk
Nonstop Games
NonStop Games was a games startup developing games for mobile and tablet touch devices. The company was founded in 2011 by a team of industry veterans under the name GamesMadeMe before switching its name to NonStop Games in 2012. NonStop Games was acquired by King.com in 2014.
CEO: Juha Paananen
Founders: Henric Suuronen, Henrik Karlström, Juha Paananen, Teemu Ikonen
Norsepower
Norsepower was founded in late 2012 with a mission to reduce the environmental impact of shipping by providing efficient, easy to use, and reliable auxiliary wind propulsion for ships – through its Rotor Sail Solution technology. The company’s vision is to maintain the market leader position in a growing market for auxiliary wind propulsion systems for large ships.
CEO: Tuomas Riski
Founders: Jarkko Väinämö, Tuomas Riski
Oddshot
With Oddshot, users could capture the best moments from any video or livestream (on websites such as Twitch, YouTube and Facebook) after they happened. Oddshot.tv was a community powered video platform for highlights of everything.
CEO: Teemu Päivinen
Founders: Teemu Päivinen, Kane Waltman
Oncos Therapeutics
Oncos Therapeutics was a biotech company founded in 2009 and it developed novel cancer therapies based on its next generation oncolytic viruses. Oncos Therapeutics was acquired by Targovax in 2015.
CEO: Franz Wuite
Founders: Akseli Hemminki, Pekka Simula, Franz Wuite
OneMind Dogs
OneMind Dogs Ltd was founded by a group of passionate dog agility handlers, coaches and innovators with decades of combined experience on dog behavior and training. The company’s goal is to help understand dog’s natural behavior through the OneMind Dogs method.
CEO: Noora Keskievari
Founders: Janita Leinonen, Noora Keskievari, Jaakko Suoknuuti, Tuulia Liuhto, Mikko Aaltonen, Mari Kaplas.
Optomeditech
Optomeditech was founded in June 2011, to develop and market products in the area of intravenous catheters and blood collection needles. The company developed patented technology to increase the first attempt success rate of IV catheter starts and to make the process faster, safer and easier both for the caregiver and the patient.
CEO: Ami Rubinstein
Founders: Ami Rubinstein, Levon Gasparyan
Origin by Ocean
Origin by Ocean is a biorefining company making sustainable ingredients for the chemicals industry from invasive and farmed seaweeds. Our patented refinery process transforms algae into a variety of functional chemicals while reducing the excess nutrients in our oceans. They can be used as healthy, economical and oil-free ingredients for everyday consumer goods ranging from food and cosmetics to textiles and novel packaging materials. Our biorefinery is unique in utilising its entire feedstock to produce numerous molecule-level ingredients and useful biomass from just one process. Highly scalable and able to integrate with existing industry, it will catalyse a new era of regenerative value chains that actively benefit the ecosystems so crucial for our flourishing.
CEO: Mari Granström
Founders: Mari Granström ja Mikael Westerlund
Oura Health
Oura is an award-winning wellness ring and app, designed to help people get more restful sleep and perform better. The independently validated science behind Oura and the design of the Oura ring make it the perfect companion for busy professionals, athletes and anyone who wants to get insights into their sleep, recovery and readiness to perform.
CEO: Tom Hale
Founders: Petteri Lahtela, Kari Kivelä, Markku Koskela, Virpi Tuomivaara, Ashley Colley
P2X Solutions
As a developer of an emission-free welfare society P2X Solutions is a forerunner of the energy future – the company’s vision is to produce green hydrogen and refine it further into synthetic fuels in a cost-effective manner. P2X will construct a 20 MW electrolyzer plant, which runs on electricity produced by renewable energy and thus the final product will be green hydrogen. Part of the green hydrogen will be further refined utilizing Power-to-X technology.
CEO: Herkko Plit
Founders: Herkko Plit, Jukka Juola
Paloceras
Paloceras is a tech-infused design house of tomorrow offering cutting-edge products for a generation fluidly navigating between digital and physical realms. We believe in the intersection of seemingly opposing boundaries, where digital and material, organic and generated, and imagination and reality overlap to create infinite possibilities.
CEO: Mika Matikainen
Founders: Mika Matikainen, Minna Hurmerinta, Alexis Perron-Corriveau
Peak
The company was founded in 2012 by four entrepreneurs. It grew quickly, producing Peak – Brain Training, the number 1 brain training app on mobile and, since then, Peak’s products have been downloaded more than 50 million times across the globe. In 2016 the company was acquired by Hachette Livre.
CEO: Itamar Lesuisse
Founders: Gerald Goldstein, Itamar Lesuisse, Sagi Shorrer, Xavier Louis
Photoncycle
Photoncycle’s mission is to deploy space-effective, autonomous energy systems powered by the sun, enabled by innovative technology, affordable for many.
CEO: Bjørn Brandtzæg
Founder: Bjørn Brandtzæg
Playmysong
Playmysong makes listening to music fun and social. Users can tune into cool music broadcasted from around the world or start their own broadcast by using their Spotify Premium or Apple Music Member account. In selected venues, users can add their favorite songs to the venue’s background music playlist in old-school jukebox style.
CEO: Rami Korhonen
Founders: Rami Korhonen, Timo Kari
Portyr
Portyr’s focus was on making the General Data Protection Regulation (GDPR) an asset to both companies and individuals. The company developed software to enable individuals and companies to exchange trust and data under GDPR.
CEO: Sebastian Nemeth
Founders: Sebastian Nemeth, Katharina Schilli, Otto Markkanen
Realstocks
Realstocks was founded in October 2018 in Helsinki, Finland. The fintech start-up is focusing on the security token ecosystem and is creating a platform for asset backed digital securities in the European commercial real estate market.
CEO: Ted Roberts
Founders: Ted Roberts, Sven Schulte
ReceiptHero
ReceiptHero’s mission is to eliminate the paper receipt. The company is building a fully digitalized receipt platform where merchants, banks and customers can consume receipt data. It integrates into point of sale systems and payment solutions to build digital receipts, which are then passed into accounting software and banking apps. For banks and PSPs ReceiptHero is the most advanced PCI DSS compliant partner for digital receipts.
CEO: Joel Ojala
Founders: Joel Ojala, Saku Pihlajaniemi, Tommi Keränen, Tuomas Peippo
Risk Ledger
Risk Ledger’s innovative secure ‘social network’ approach to supply chain risk management gives information security, compliance and procurement teams the tools to efficiently identify, measure, mitigate and continuously monitor supply chain risks at scale like never before while making it easy for suppliers to share data with clients and reduce their questionnaire burden.
CEO: Haydn Brooks
Founders: Daniel Saul, Haydn Brooks
Robes Rental
An endless wardrobe shared by the global community of fashion lovers. A connected world where everyone has access to looks that empowers them and expresses them authentically. Peer-to-peer rental platform that gives you access to high-end fashion that you couldn’t afford other ways.
CEO: Anna Sillanpää
Founders: Anna Sillanpää, Anton Holmberg, Otto Jaakonmäki, Josefina Kohvakka
Saltz
UAB Saltz Marketplace is a fresh products marketplace connecting food producers and sellers to HORECA and Retail buyers. Buyers can now procure fresh products without middlemen or distributors, and enjoy a broader assortment, lower prices and fresher products.
CEO: Andrius Šlimas
Founders: Andrius Šlimas, Tomas Šlimas, Reinis Štrodahs
School Day
School Day provides a unique AI-based solution for schools. It analyzes, explains and develops student wellbeing for better learning. Teachers and school leaders get real-time insights into their students’ wellbeing daily. School Day is backed by leading researchers, wellbeing experts and developers.
CEO: Mika Kasanen
Founders: Mika Kasanen, Atte Kekkonen
Seaber
Seaber is a Helsinki-based software company, led by people with versatile maritime backgrounds. They are working to digitally transform the 400 billion dollar bulk shipping industry. Seaber helps bulk & breakbulk charterers, shipowners & brokers improve efficiency through digitalisation of key operational processes.
CEO: Sebastian Sjoberg
Founders: Sebastian Sjoberg, Mikael Sand
Shapr3D
Shapr3D is the world’s leading 3D design app for iPad. It combines intuitive direct modeling with industry-leading quality and power. Professional users include mechanical engineers, interior designers, graphic designers, CAD architects and industrial designers who use the app for initial ideation.
CEO: Istvan Csanady
Founders: Istvan Csanady
Sharetribe
Sharetribe platform is the easiest way to create a marketplace website in the spirit of Airbnb, Etsy or Fiverr. It allows the community to sell or rent goods and services to each other. The marketplace can be created in a few minutes and easily customized to fit a specific niche.
CEO: Juho Makkonen
Founders: Antti Virolainen, Juho Makkonen
Smartly.io
Smartly.io automates every step of social advertising to unlock greater performance and creativity. Its advertising and creative automation platform makes online advertising easy, effective, and enjoyable. Smartly.io works closely with 650+ brands including eBay, Uber, TechStyle and Skyscanner, managing over $1 billion in annual ad spend.
CEO: Kristo Ovaska
Founders: Kristo Ovaska, Tuomo Riekki
Sofanatics
Sofanatics was an online platform that enabled fans to engage with other fans in real time. On Sofanatics.com users could log in with their Facebook account to cheer while watching sports on TV. Partners included: FC Barcelona, Chelsea FC and the Finnish Broadcasting Company.
CEO: Toni Laturi
Founders: Sami Kuusela, Toni Laturi
Solar Foods
Solar Foods is a Finnish food tech company that creates innovations for producing food without agriculture. With its revolutionary biotech solution Solein, Solar Foods enables natural protein production anywhere by using air, water, and electricity. The unique bioprocess of Solein provides a new platform technology for nutritious food ingredients, plant-based meat alternatives or even cultured meat.
CEO: Pasi Vainikka
Founders: Pasi Vainikka, Juha-Pekka Pitkänen
Solu
Solu is combating antibiotic resistance with software. We’re building the smartest and fastest bacterial DNA library in the world. Co-founded by a medical student and engineers, Solu has developed a product that enables DNA sequencing data to be analyzed easier and faster than ever before. The applications of the product are wide, from diagnostics to pharmaceutical development.
CEO: Sam Sihvonen
Founders: Sam Sihvonen, Timo Moilanen, Kerkko Visuri
somefrogs
Somefrogs is an Helsinki based startup building a connected community of creators & discoverers that aggregates content from multiple social channels into one.
CEO: Mona Ismail
Founders: Mona Ismail, Lorena Ferkic
Sooma
Sooma is a Finnish medical device company developing non-invasive brain stimulation devices for treatment of neurological and psychiatric disorders. Sooma tDCS, a low threshold therapy solution for major depressive disorder, was launched at the end of 2014. The treatment is safe, effective, well tolerated and suitable for most people.
CEO: Tuomas Neuvonen
Founders: Jani Virtanen, Tuomas Neuvonen
Spacent
Spacent is a Finnish proptech company specialised in enabling more effective space resource use of corporate and institutional clients. Spacent’s aim is to bring solutions for large occupiers in order to build adaptability, sustainability and efficiency in their space use. The company also works with property owners and operators in order to boost their income and customer base. Spacent is founded by real estate professionals who have wide experience in service architecture, real estate development and consultation.
CEO: Antti Tuomela
Founders: Antti Tuomela, Anssi Salonen, Eetu Ristaniemi, Jarmo Suominen
Steady Energy
Steady Energy is a Finnish company dedicated to providing uninterrupted zero-emission energy solutions. The foundation of its technology lies in the low-temperature and low-pressure LDR-50 nuclear reactor developed at VTT Technical Research Centre of Finland. The reactor is designed to produce heat efficiently, safely and carbon-neutrally.
CEO: Tommi Nyman
Founders: Tommi Nyman, Hannes Haapalahti, Petteri Tenhunen
Stylewhile
Stylewhile’s mission was to help people buy the right outfits online. The company’s iPad App brought together online fashion retailers and allowed women to try on clothes online, helping them to buy outfits that suited their style and body type.
CEO: Jutta Haaramo
Founders: Ilkka Rämö, Jutta Haaramo
Sudden Coffee
Sudden Coffee is great coffee which can be enjoyed anywhere in just seconds. The company buys beans from amazing producers and roasters, brews the coffee by hand and turns it into delicious instant coffee. Sudden Coffee was founded in 2015 and is based in San Francisco, California.
CEO: Joshua Zloof
Founders: Joshua Zloof, Kalle Freese
Sulapac
Sulapac® is a biodegradable and microplastic-free material made entirely from renewable sources and certified wood. It can be used as packaging for everything from cosmetics to foodstuff to gift boxes and more. It has all the benefits of plastic, yet it biodegrades completely and leaves no trace once it’s gone.
CEO: Suvi Haimi
Founders: Suvi Haimi, Laura Kyllönen
Supercell
Supercell is a mobile game developer based in Helsinki, Finland, with offices in San Francisco, Tokyo, Seoul and Shanghai. Since its launch in 2010, the company has brought five games to the global market – Brawl Stars, Clash Royale, Boom Beach, Clash of Clans and Hay Day. Acquired by SoftBank in 2015.
CEO: Ilkka Paananen
Founders: Ilkka Paananen, Lassi Leppinen, Mikko Kodisoja, Niko Derome, Petri Styrman, Visa Forsten
Swappie
Swappie is changing the European market in consumer electronics by building the world-leading marketplace for refurbished devices. The company’s marketplace offers easy and safe buying and selling of used smartphones. Swappie buys phones from customers and companies, refurbishes them in-house and sells them in top condition and with a proper warranty.
CEO: Sami Marttinen
Founders: Sami Marttinen, Jiri Heinonen
Swarmia
Swarmia is a software team productivity company with a B2B SaaS product for supporting software development teams in their continuous improvement. The Swarmia team has successfully delivered software, and led engineering & design teams in high-growth, fast-moving environments.
CEO: Otto Hilska
Founder: Otto Hilska
Synergi
With Synergi’s software households can control their different energy resources, such as electric vehicles, heat pumps, solar panels etc., and optimize their consumption according to the spot price. Synergi also enables households to participate in demand response markets and earn with their flexible consumption.
CEO: Antti Hämmäinen
Founders: Antti Hämmäinen, Harri Iisakka, Petrus Holm
Synoste
Synoste develops and will sell novel patient friendly medical solutions for treatment of skeletal deformities. The first target is a better device for the limb lengthening procedure. Synoste utilizes smart materials and introduces a less painful and precisely controllable treatment device that lowers the complication rate and enables faster recovery to normal life.
CEO: Harri Hallila
Founders: Antti Ritvanen, Harri Hallila, Juha Haaja
Thinglink
ThingLink is the leading provider of visual media interaction tools. ThingLink enables adding interactive tags to any image, video or 360/VR image on the web and sharing the tagged media on websites, social networks, or blogs. Thinglink increases viewer engagement and time spent on page as well as driving sales conversion.
CEO: Ulla Engeström
Founder: Ulla Engeström
Tilt Biotherapeutics
TILT Biotherapeutics is the leading company globally working in the area of enabling tumor T-cell therapy with oncolytic viruses. Advanced solid tumors are difficult to treat with limited treatment options available. However, preclinical data on TILT® technology, alone and in combination with other immunotherapy agents have demonstrated 100% cure rates.
CEO: Akseli Hemminki
Founder: Akseli Hemminki
Timegate Instruments
Timegate Instruments is the first company worldwide to commercialize Timegated® Raman technology. It manufactures Raman spectrometry based material analysis instruments. Timegate Instruments’ PicoRaman spectrometer broadens the application areas of Raman spectroscopy by drastically reducing fluorescence interference.
CEO: Mari Tenhunen
Founders: Mari Tenhunen, Lauri Kurki, Jyrki Savela
Tinkercad
Tinkercad is a an easy-to-use, browser based 3D design tool. With Tinkercad users can create CAD-based 3D printable items. It’s used by teachers, kids, and designers to design, and make anything. Tinkercad was acquired by Autodesk in 2013.
CEO: Kai Bäckman
Founders: Kai Bäckman, Mikko Mononen
Toddle
Visual web app builder for professional development teams with the same performance and scalability as modern JavaScript frameworks.
CEO: Andreas Møller
Founders: Andreas Møller, Kasper Svenning Hansen
tomato pay
tomato pay is a simple, QR-code based payments and invoice app used by businesses and sole traders who want to receive payments in a fairer, cheaper and more ethical way. Businesses and sole traders can benefit the low-cost QR-code payments solution with no hidden fees, which saves them money compared to their current payment systems, gives them instant access to their money as cash settlement happens almost immediately, and access to all of their bank accounts in one place.
CEO: Nick Heller
Founders: Nick Heller, Andreas Signer
TrademarkNow
TrademarkNow provides an intelligent web-based trademark management platform that is used by enterprise companies, law firms and branding agencies for instant trademark search and watch results. At its core is a unique artificial intelligence model of trademark law based on both explicit and intricate domain models of the law.
CEO: Mikael Kolehmainen
Founders: Anna Ronkainen, Heikki Vesalainen, Matti Kokkola, Mikael Kolehmainen
True AI
True AI aims to make conversations easier and better by developing smart writing tools to enable and facilitate valuable conversations between people. The company’s product, TypeGenie, provides completions and macro recommendations for customer service agents.
CEO: Pyry Takala
Founders: Pyry Takala, Abhishek Aggarwal
Umbra
Umbra empowers 3D graphics designers and engineers to create, optimize, share and view their designs in real-time on virtually any device. As the established gaming industry standard in graphics optimization for more than a decade, Umbra is now redefining rapid visualization for all industry ecosystems utilizing complex 3D models.
CEO: Otso Mäkinen
Founder: Otso Mäkinen
Uplause
Uplause offers interactive solutions for live events, broadcast, and sponsorship. The company is a recognized industry leader, trusted by major professional leagues, teams, rights holders and entertainment brands around the world. The product portfolio includes: decibel meter, crowd games, live vote, social wall and crowd data & analytics.
CEO: Veli-Pekka Marin
Founders: Heikki Aura, Veli-Pekka Marin
Valkee
Valkee is a health technology company focused on harnessing the benefits of bright light for both mind and performance. Based on long-term scientific research and development work, Valkee introduced the world´s first portable bright light therapy device, the HumanCharger® headset.
CEO: Aki Backman
Founders: Antti Aunio, Juuso Nissilä, Aki Backman
Varjo
Varjo was founded by a team of industry professionals with decades of experience and a vision of seamlessly merging the virtual and real worlds. The Bionic Display™ in Varjo’s VR devices delivers an unprecedented human-eye resolution of 60 pixels per degree. It revolutionizes professional VR by bringing every detail, texture, contour and color into 20/20 focus.
CEO: Timo Toikkanen
Founders: Urho Konttori, Klaus Melakari, Roope Rainisto, Niko Eiden
Venga
Venga is the event app for creating and cherishing the highlights of life. It’s your new go-to platform for hosting gatherings with friends, loved-ones, and soon-to-become ones. Whether you’re organizing a birthday party, a dinner with friends, a pre-party, or a bachelorette weekend, Venga is designed to bring more joy and less stress to both hosts and guests. Redefine how you host celebrations with friends in the post-Facebook era. Throw a party with Venga!
Venga – Memories in the making.
CEO: Lucas von Hertzen
Founders: Lucas von Hertzen, Sina Rezaeipour, Jonas von Hertzen, Erik Nygren
Vensum Power
Vensum Power is the creator of the Unified Software-Defined Power Conversion (USPDC) technology that enables better, faster, and more robust power conversion solutions for the green energy industry. Power conversion is a key enabling technology behind some of the fastest growing green businesses such as solar power production, electric vehicle charging, data center optimization.
CEO: Jyrki Penttonen
Founders: Jyrki Penttonen
Veri / Human Engineering Health
Blood sugar is the most vital metric in your body. Each and every day your blood sugar levels affect your thoughts, mood, health, and longevity. The Veri app is the easiest way to track and stabilize your blood sugar. Veri’s mission is to empower others to take health into their own hands.
CEO: Anttoni Aniebonam
Founders: Anttoni Aniebonam, Verneri Jäämuru, Frans Lehmusvaara
Vionice
Vionice was an information technology company specializing in computer vision and digital signal processing. It was a pioneer in implementing the latest computer vision research to improve asset management and surveillance. The company developed end-to-end services that enabled continuous automated data collection within existing processes. Vionice was acquired by Vaisala in 2017.
CEO: Markus Melander
Founders: Markus Melander, Petri Hienonen, Mikko Haavisto
Vizor
Vizor was a Helsinki-based WebVR-focused technology startup founded in 2015 and its product Vizor 360° was a platform for creating and sharing VR on the web. The Vizor team was made up of the world’s leading engineers and developers in the WebVR space.
CEO: Kaarlo Kananen
Founders: Antti Jäderholm, Jaakko Manninen, Kaarlo Kananen, Wendell Davis, Anna Rosa Lappalainen
Wolt
Wolt is a technology company building the one app for discovering and getting great food in your city. The Helsinki-based company has operations in +20 countries and +120 cities, serving food from over 10,000 restaurants with over 20,000 courier partners. The company was founded in 2014 and employs over 2,000 people. Wolt was acquired by DoorDash in 2022.
CEO: Miki Kuusi
Founders: Elias Aalto, Juhani Mykkänen, Lauri Andler, Mika Matikainen, Miki Kuusi, Oskari Pétas
ZenRobotics
ZenRobotics, founded in 2007, is a global leader in smart robotic recycling and the first company to apply AI-based sorting robots to a complex waste-sorting environment. ZenRobotics’ robots, powered by the company’s very own AI software, make recycling more efficient, accurate and profitable.
CEO: Wolfgang Schiller
Founders: Harri Valpola, Jufo Peltomaa, Timo Taalas, Tuomas Lukka