Companies

We invest in early-stage companies that we are passionate about and believe we can help, often based on our experience as founders and CxOs of various companies. Many of our portfolio companies are taking significant steps and are now looking for dedicated talent to join their teams. These are the companies we have partnered with, often as the first investor.

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

2016
Founded
2017
Lifeline Ventures
Seed round
2019
Series A
Led by Earlybird

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

2016
Founded
2016
Lifeline Ventures
Seed round

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

2016
Founded
2016
Lifeline Ventures
Seed round
2018
Series A
Led by Maki.vc

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

2013
Founded
2015
Lifeline Ventures
Seed round

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

2008
Founded
2010
Lifeline Ventures
Angel round
2011
Seed round
Led by MHS Capital
2012
Funding round
Led by Lifeline Ventures
2014
Acquired
by Unity

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

2014
Founded
2016
Lifeline Ventures
Seed round

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

2011
Founded
2013
Lifeline Ventures
Seed round
2014
Series A
Led by NEA
2017
Series B
Led by Health Catalyst Capital
2018
Acquired
by Quest Analytics

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

2016
Founded
2017
Series A
2018
Funding round
Led by Creandum, Sunstone and Danish Growth Fund

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

2017
Founded
2018
Lifeline Ventures
Seed round

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

2014
Founded
2015
Lifeline Ventures
Seed round
2016
Series A
Led by True Ventures

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 Kekäläinen
Founders: Pia Henrietta Kekäläinen, Christopher Carstens

2016
Founded
2018
Lifeline Ventures
Seed round

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

2015
Founded
2015
Lifeline Ventures
Seed round
2017
Series A
Led by Cosmist Capital

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

2015
Founded
2015
Lifeline Ventures
Angel round
2017
Series A
Led by Norvestia
2018
Funding round
Led by CapMan Growth

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

2015
Founded
2016
Lifeline Ventures
Seed round
2018
Series A
Led by Tesi, 3M and Lifeline Ventures

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

2010
Founded
2010
Seed round
Led by True Ventures
2012
Acquired
by Groupon

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 Ketola
Founders: Ari Ketola, Veikko Latvala

2009
Founded
2012
Lifeline Ventures
Seed round
2019
Funding round
Led by Springvest

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

2010
Founded
2013
Lifeline Ventures
Seed round
2014
Series A
Led by Earlybird
2015
Series B
Led by Foxconn, Ginko Ventures and Mistletoe
2017
Funding round
Led by Lifeline Ventures

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

2014
Founded
2015
Lifeline Ventures
Angel round
2015
Seed round
Led by True Ventures
2018
Exited
to Supercell

Fractal labs

Through a suite of APIs, Fractal Labs is reshaping the way SMEs execute payments and access essential financial services such as credit products, insurance, cash management and FX services. This platform enables financial institutions to innovate quickly, and build new propositions to better serve their SME customers.

CEO: Nick Heller
Founders: Nick Heller, Andreas Signer

2014
Founded
2015
Lifeline Ventures
Seed round
2019
Funding round
Led by Deloitte

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

2019
Founded
2019
Seed round
Led by CapMan Growth

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

2011
Founded
2011
Lifeline Ventures
Angel round
2012
Seed round
Led by Idinvest Partners
2013
Series A
Led by Idinvest Partners

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

2008
Founded
2010
Lifeline Ventures
Seed round
2011
Series A
Led by Index Ventures

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

2016
Founded
2016
Lifeline Ventures
Seed round

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

2014
Founded
2015
Seed round
Led by True Ventures
2017
Series A
Led by Draper Nexus
2018
Series B
Led by True Ventures

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

2012
Founded
2013
Seed round
2014
Series A
Led by Baidu
2017
Series B
Led by Yahoo! Japan

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

2016
Founded
2016
Lifeline Ventures
Seed round
2019
Funding round
Led by Springvest

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

2015
Founded
2016
Lifeline Ventures
Seed round

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

2011
Founded
2012
Lifeline Ventures
Seed round

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

2012
Founded
2015
Lifeline Ventures
Seed round

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

2008
Founded
2012
Lifeline Ventures
Seed round
2017
Funding round
Led by Springvest

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

2009
Founded
2010
Seed round

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

2006
Founded
2011
Funding round

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

2016
Founded
2016
Lifeline Ventures
Angel round
2019
Seed round
Led by Freestyle Capital

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

2013
Founded
2015
Lifeline Ventures
Seed round

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

2016
Founded
2017
Lifeline Ventures
Seed round

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

2016
Founded
2016
Lifeline Ventures
Seed round
2017
Series A
Led by Balderton Capital

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

2012
Founded
2013
Lifeline Ventures
Seed round
2014
Acquired
by Facebook

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

2018
Founded
2019
Lifeline Ventures
Seed round

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

2011
Founded
2013
Seed round

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

2011
Founded
2011
Lifeline Ventures
Angel round
2013
Seed round
Led by Creandum
2014
Acquired
by King.com

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

2012
Founded
2013
Seed round
2016
Funding round
Led by VNT Management
2018
Funding round
Led by Korkia
2019
Funding round
Led by OGCI Climate Investments

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

2015
Founded
2016
Seed round

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

2009
Founded
2010
Seed round
Led by HealthCap
2015
Acquired
by Targovax

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.

2012
Founded
2015
Lifeline Ventures
Seed round
2019
Funding round
Led by Invesdor

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

2011
Founded
2014
Lifeline Ventures
Seed round

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: Harpreet Rai
Founders: Kari Kivelä, Petteri Lahtela

2013
Founded
2015
Lifeline Ventures
Seed round
2018
Series A
Led by Bold Capital and Tesi
2018
Funding round
Led by MSD Capital

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

2012
Founded
2013
Seed round
2015
Series A
Led by Creandum
2016
Acquired
by Hachette Livre

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

2011
Founded
2012
Lifeline Ventures
Seed round

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

2017
Founded
2017
Lifeline Ventures
Angel round

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

2018
Founded
2018
Lifeline Ventures
Angel round

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

2017
Founded
2018
Lifeline Ventures
Seed round

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

2015
Founded
2017
Seed round
Led by InReach Ventures
2019
Series A
Led by Point Nine and Creandum

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

2011
Founded
2014
Lifeline Ventures
Seed round
2018
Funding round
Led by Invesdor

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

2013
Founded
2014
Lifeline Ventures
Seed round
2017
Funding round
Led by Highland Europe

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

2009
Founded
2010
Seed round

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

2017
Founded
2018
Lifeline Ventures
Seed round

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

2013
Founded
2015
Lifeline Ventures
Seed round

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

2011
Founded
2013
Lifeline Ventures
Seed round

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

2015
Founded
2016
Seed round
Led by CRV

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

2016
Founded
2017
Lifeline Ventures
Seed round
2018
Funding round
LED BY CHANEL

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. Exited to SoftBank in 2015.

CEO: Ilkka Paananen
Founders: Ilkka Paananen, Lassi Leppinen, Mikko Kodisoja, Niko Derome, Petri Styrman, Visa Forsten

2010
Founded
2010
Lifeline Ventures
Angel round
2010
Seed round
2011
Series A
Led by Accel
2013
Funding round
Led by Index Ventures
2015
Exited
to SoftBank

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

2016
Founded
2018
Lifeline Ventures
Seed round
2019
Series A
Led by Inventure

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

2012
Founded
2013
Lifeline Ventures
Seed round
2015
Series A
2018
Funding round
Led by AO Invest and Lifeline Ventures

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

2010
Founded
2010
Seed round
2013
Funding round
Led by Inventure

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

2013
Founded
2013
Lifeline Ventures
Seed round
2016
Funding round
Led by Springvest

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

2014
Founded
2018
Lifeline Ventures
Seed round

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

2010
Founded
2011
Lifeline Ventures
Angel round
2011
Seed round
Led by True Ventures
2013
Acquired
by Autodesk

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

2012
Founded
2012
Lifeline Ventures
Seed round
2014
Series A
Led by Balderton Capital
2017
Funding round
Led by Karma Ventures and Balderton Capital

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

2015
Founded
2016
Lifeline Ventures
Seed round

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

2006
Founded
2015
Seed round
Led by Lifeline Ventures and Inventure

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

2009
Founded
2011
Seed round
2018
Funding round
Led by Springvest

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

2007
Founded
2010
Seed round
2013
Series A

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: Niko Eiden
Founders: Urho Konttori, Klaus Melakari, Roope Rainisto, Niko Eiden

2016
Founded
2016
Lifeline Ventures
Seed round
2017
Series A
Led by EQT Ventures
2018
Series B
Led by Atomico

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

2014
Founded
2016
Lifeline Ventures
Seed round
2017
Acquired
by Vaisala

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

2015
Founded
2015
Lifeline Ventures
Angel round
2017
Seed round
Led by The VR Fund

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 +15 countries and +50 cities, serving food from over 5,000 restaurants with over 10,000 courier partners. The company was founded in 2014 and employs over 450 people. Wolt has raised more than €150M in financing from renowned U.S. and European based investors.

CEO: Miki Kuusi
Founders: Elias Aalto, Juhani Mykkänen, Lauri Andler, Mika Matikainen, Miki Kuusi, Oskari Pétas

2014
Founded
2015
Seed round
2016
Series A
Led by EQT Ventures
2018
Series B
Led by 83North
2019
Series C
Led by Iconiq Capital

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

2007
Founded
2012
Funding round
Led by Invus