Butterfly Ventures

Intelecy, a Norwegian technology company established in 2000, specializes in industrial data analytics. It offers machine learning-driven solutions to clients worldwide, spanning various industries. The company's core expertise lies in preventing equipment breakdowns, predicting failures, enhancing production processes, and providing comprehensive operational insights. With over two decades of experience in automation, SCADA, MES, and industrial IT, Intelecy empowers businesses to optimize predictive maintenance and process efficiency.

Uute Scientific Oy is a biotechnology company founded in 2019 and headquartered in Southern Finland. The company specializes in producing health and wellness ingredients aimed at reducing immune-mediated diseases such as diabetes and allergies. Uute Scientific offers extracts derived from natural substances, incorporating diverse microbes sourced from forests and agricultural environments. These ingredients are designed to be integrated into standard consumer products, making them accessible to families with young children. The company's approach focuses on helping individuals develop robust immune systems and lowering the risk of developing related health issues.

Geyser Batteries Oy is a Finnish company based in Vaasa, established in 2018, that specializes in the development and manufacture of innovative high-power batteries. These batteries are designed to endure millions of charge and discharge cycles, making them suitable for demanding applications in transportation, power grid, and heavy machinery sectors. Utilizing proprietary water-based electrochemistry and patent-pending technology, Geyser Batteries produces environmentally safe, maintenance-free batteries that are fire-resistant and operational in extreme temperatures down to -60°C. Their products focus on fast and efficient charging, as well as reliability and safety, aiming to provide sustainable energy solutions for various industries.

Uute Scientific Oy is a biotechnology company founded in 2019 and headquartered in Southern Finland. The company specializes in producing health and wellness ingredients aimed at reducing immune-mediated diseases such as diabetes and allergies. Uute Scientific offers extracts derived from natural substances, incorporating diverse microbes sourced from forests and agricultural environments. These ingredients are designed to be integrated into standard consumer products, making them accessible to families with young children. The company's approach focuses on helping individuals develop robust immune systems and lowering the risk of developing related health issues.

MediTuner AB, founded in 2014 and based in Stockholm, Sweden, specializes in asthma management technology through its clinically validated application, AsthmaTuner. This innovative app connects to a spirometer and empowers patients to monitor their asthma levels effectively. By utilizing international treatment guidelines, AsthmaTuner offers instant, personalized treatment recommendations, enhancing the management of asthma for users. The application is designed to streamline the process for caregivers, enabling them to support patients more efficiently in taking control of their condition. Through this digital solution, MediTuner aims to improve the overall quality of life for asthma patients.

Revonte Ltd. is a Finnish company specializing in the manufacture of drive systems for electronic bicycles. Founded in 2016 and based in Tampere, Revonte's innovative systems feature automatic transmissions, ergonomics, flexible controllers, and high-capacity batteries, all of which can be customized via a mobile application by retailers. The company aims to revolutionize e-bike technology, providing manufacturers with enhanced flexibility and improved after-sale services. Its products support remote diagnostics and over-the-air updates, positioning them firmly in the Internet of Things (IoT) era. By offering advanced mobility solutions, Revonte enables clients to deliver superior e-bikes across various categories.

Intelecy, a Norwegian technology company established in 2000, specializes in industrial data analytics. It offers machine learning-driven solutions to clients worldwide, spanning various industries. The company's core expertise lies in preventing equipment breakdowns, predicting failures, enhancing production processes, and providing comprehensive operational insights. With over two decades of experience in automation, SCADA, MES, and industrial IT, Intelecy empowers businesses to optimize predictive maintenance and process efficiency.

Revonte Ltd. is a Finnish company specializing in the manufacture of drive systems for electronic bicycles. Founded in 2016 and based in Tampere, Revonte's innovative systems feature automatic transmissions, ergonomics, flexible controllers, and high-capacity batteries, all of which can be customized via a mobile application by retailers. The company aims to revolutionize e-bike technology, providing manufacturers with enhanced flexibility and improved after-sale services. Its products support remote diagnostics and over-the-air updates, positioning them firmly in the Internet of Things (IoT) era. By offering advanced mobility solutions, Revonte enables clients to deliver superior e-bikes across various categories.

Think Outside AS is a technology startup based in Bergen, Norway, specializing in the development of advanced real-time radar equipment for avalanche sensing and outdoor applications. Founded in 2017, the company focuses on producing innovative products that enhance safety in skiing and hydropower sectors. Its flagship product, Sknow, provides skiers with real-time data on snow layers directly beneath their skis, including information on snow depth, layering, density, and snow water equivalent (SWE). By integrating software solutions with its hardware, Think Outside aims to reduce health and safety risks associated with skiing in avalanche-prone areas, enabling users to make informed decisions regarding slope conditions and potential hazards.

Geyser Batteries Oy is a Finnish company based in Vaasa, established in 2018, that specializes in the development and manufacture of innovative high-power batteries. These batteries are designed to endure millions of charge and discharge cycles, making them suitable for demanding applications in transportation, power grid, and heavy machinery sectors. Utilizing proprietary water-based electrochemistry and patent-pending technology, Geyser Batteries produces environmentally safe, maintenance-free batteries that are fire-resistant and operational in extreme temperatures down to -60°C. Their products focus on fast and efficient charging, as well as reliability and safety, aiming to provide sustainable energy solutions for various industries.

Surgify is engaged in the development of an innovative technology aimed at enhancing bone surgery outcomes. This technology focuses on protecting proximal soft structures during surgical procedures, thereby minimizing the risk of complications such as bleeding, infections, and nerve injuries. By collaborating closely with the Neurosurgical Department of Helsinki University Central Hospital, Surgify ensures that its solutions are informed by the needs of clinicians. The company is currently preparing to commercialize its technology, with support from the Finnish Funding Agency for Innovation. Through its advancements, Surgify aims to reduce patient suffering and improve overall quality of life for individuals undergoing bone surgery.

Valossa is a Finnish company established in 2015 as a spin-off from a university, specializing in video recognition and content intelligence software. Its platform combines advanced machine learning technologies to analyze video content in a manner similar to human perception. Valossa offers its video recognition software as a SaaS service and as on-premise solutions, allowing businesses to recognize various elements within videos, including people, objects, sounds, and inappropriate content. The platform provides tools for video content profiling, scene-level searching, highlights extraction, and brand monitoring, enhancing productivity and value for clients in the media and entertainment industry. By leveraging deep content analysis, Valossa enables users to automate cognitive tasks such as video clipping and contextual ad inventory identification, thereby improving efficiency in managing video assets.

Popit Ltd. is a medical device company based in Espoo, Finland, founded in 2013. The company specializes in designing and manufacturing innovative pill detection devices, notably the Popit Sense, which utilizes advanced technology to automatically track medication intake. This device connects wirelessly to the Popit Sense Application, allowing users to monitor their medication consumption and access statistics regarding their pill usage and history. In addition, Popit offers Popit Connect, a cloud service that analyzes medication adherence to support treatment effectiveness. The platform ensures that healthcare professionals can access real-time data on patients' medication habits, provided that patients consent to share this information.

Augumenta, Ltd. specializes in developing interaction solutions for wearable devices, particularly focusing on augmented reality applications. The company's software allows users to control applications and devices through hand gestures, utilizing 3D Time-of-Flight cameras in devices such as Microsoft HoloLens and Android smart glasses. Augumenta offers a toolkit called Infinite Touch, which facilitates gesture interaction and is aimed at developers. The company licenses its products to original equipment manufacturers, integrators, and developers both in Finland and internationally. Headquartered in Oulu, Finland, Augumenta also maintains support hubs in Kyoto, Japan, and Taipei, Taiwan. Founded in 2012, Augumenta aims to enhance operational efficiency and improve safety records for organizations that utilize smart glasses in their operations.

Monidor Oy is a Finnish company based in Oulu, founded in 2015. The company specializes in developing innovative electronic devices, notably its flagship product, Monidrop, which is an automated infusion monitor designed for intravenous infusion therapy. Monidor Oy focuses on enhancing the efficiency and safety of medical treatments through advanced technology.

Valossa is a Finnish company established in 2015 as a spin-off from a university, specializing in video recognition and content intelligence software. Its platform combines advanced machine learning technologies to analyze video content in a manner similar to human perception. Valossa offers its video recognition software as a SaaS service and as on-premise solutions, allowing businesses to recognize various elements within videos, including people, objects, sounds, and inappropriate content. The platform provides tools for video content profiling, scene-level searching, highlights extraction, and brand monitoring, enhancing productivity and value for clients in the media and entertainment industry. By leveraging deep content analysis, Valossa enables users to automate cognitive tasks such as video clipping and contextual ad inventory identification, thereby improving efficiency in managing video assets.

Foodiac Oy, established in 2014 and headquartered in Helsinki, Finland, operates as an online marketplace connecting private chefs and high-end catering services with clients. The platform provides a software-as-a-service (SaaS) model that enables chefs and small catering businesses to develop their brands and streamline operations. By facilitating direct interactions between culinary professionals and consumers, Foodiac aims to enhance the dining experience and expand access to gourmet catering options.

Fjuul is a software development company headquartered in Helsinki, Finland, specializing in innovative mobile health and wellness solutions. Its flagship product is a fitness tracking application that offers a unique metric known as Fjuul Points, which quantifies the intensity of users' daily activities. Unlike traditional step or calorie counters, Fjuul's algorithm translates various physical activities into a metabolic equivalent, providing users with insights on how their movements impact their overall health and fitness. This feedback encourages individuals to adopt healthier habits and better balance their lifestyles. Through its approach, Fjuul aims to enhance users' well-being in their everyday lives.

CreateTrips is a mobile-based application that functions as a social trip planner, providing travelers and locals with essential travel resources such as guides, maps, reviews, and photos. Founded in January 2013 by Juha-Petteri Kukkonen and Juha-Petteri Kokkonen, the platform allows users to collaboratively plan trips to various destinations, enhancing the travel experience through shared insights and recommendations. The application is available for use on smartphones and tablets, catering to customers in regions including Barbados, Bermuda, Denmark, Estonia, New Zealand, Qatar, and Uganda.

Augumenta, Ltd. specializes in developing interaction solutions for wearable devices, particularly focusing on augmented reality applications. The company's software allows users to control applications and devices through hand gestures, utilizing 3D Time-of-Flight cameras in devices such as Microsoft HoloLens and Android smart glasses. Augumenta offers a toolkit called Infinite Touch, which facilitates gesture interaction and is aimed at developers. The company licenses its products to original equipment manufacturers, integrators, and developers both in Finland and internationally. Headquartered in Oulu, Finland, Augumenta also maintains support hubs in Kyoto, Japan, and Taipei, Taiwan. Founded in 2012, Augumenta aims to enhance operational efficiency and improve safety records for organizations that utilize smart glasses in their operations.

Alpakka Media Oy, established in 2007 and based in Oulunsalo, Finland, specializes in creating high-quality TV and internet content for children. The company is known for its 2D animations that reflect a rich cultural experience for young audiences. Alpakka Media produces the "Hertan maailma" concept, which includes a diverse range of content: 52 television animations, two mobile games, 22 online games, as well as books, CDs, DVDs, and various merchandise. By focusing on multichannel content, Alpakka Media aims to provide enjoyable and engaging entertainment for children through its animated series and interactive games.

Sports Tracking Technologies Ltd. is a Finnish company established in 2009 that specializes in developing GPS-based fitness applications for mobile devices. Its flagship product, the Sports Tracker app, allows users to monitor and analyze their physical activities, including metrics such as calories burned, distance traveled, and average speed. The application supports various mobile platforms, including iPhone, Android, and Windows phones, making it widely accessible. Users can store their workout data in a personal diary, track their progress over time, and share their achievements with friends through the Sports Tracker community and social media platforms like Facebook and Twitter. With millions of downloads across more than 200 countries, Sports Tracker has emerged as a leading fitness app, catering to the needs of sports enthusiasts seeking to improve their performance and engage with a broader community. As of May 2015, Sports Tracking Technologies operates as a subsidiary of Amer Sports Corp.

Sarokal Test Systems Oy specializes in developing protocol test systems that cater to the verification and validation of ASIC and FPGA technologies across various environments, including simulation, hardware emulation, FPGA prototyping, and post-silicon testing. Based in Oulu, Finland, the company offers a range of products specifically designed for modern radio base stations, including CPRI and OBSAI protocol test systems, which facilitate the verification of radio equipment at specified line bit rates. Additionally, Sarokal provides Ethernet and JESD204B test systems for high-speed interfaces utilized in wireless systems, medical devices, and aviation applications. Their innovative X-STEP™ products enable users, such as chipset vendors and telecom operators, to generate and analyze fronthaul traffic, ensuring interoperability between devices during both development and field testing. Founded in 2013, Sarokal Test Systems also offers consulting services to enhance verification and prototyping efforts across various high-tech industries, including telecommunications and automotive sectors.

Conexbird Oy is a Finnish company that specializes in marine freight transportation services, leveraging patented technology to enhance operational efficiency within the maritime industry. It provides a container and cargo inspection system that utilizes oscillation technology and sensors at ports to analyze the structural integrity of shipping containers. This innovative approach allows for the efficient collection and dissemination of data to various stakeholders, including cargo owners, insurance companies, harbors, and container depots. By offering these unique services, Conexbird aims to improve cargo handling processes and reduce industrial emissions, contributing to a more efficient and sustainable maritime sector.

CreateTrips is a mobile-based application that functions as a social trip planner, providing travelers and locals with essential travel resources such as guides, maps, reviews, and photos. Founded in January 2013 by Juha-Petteri Kukkonen and Juha-Petteri Kokkonen, the platform allows users to collaboratively plan trips to various destinations, enhancing the travel experience through shared insights and recommendations. The application is available for use on smartphones and tablets, catering to customers in regions including Barbados, Bermuda, Denmark, Estonia, New Zealand, Qatar, and Uganda.

Laturi develops tools for businesses who offer corporate fitness services. Our goal is to help people adopt a healthy and active lifestyle. We believe that physical fitness is the foundation upon which a business can build a productive and profitable future. Laturi tools have a solid foundation in the latest science has to offer. To make sure we can offer the best quality products to our customers, we co-operate closely with leading research organizations. This keeps our finger on the pulse and our products reliable and up to date. To the founder of Laturi, Vesa Tornberg, one of the greatest motives for becoming entrepreneur is being able to create a good workplace. ”It’s important to me that everybody at the workplace trust each other and that there’s a good atmosphere. It’s all closely tied to the passion we feel towards our work. To everyone at Laturi being part of helping advance people’s wellness is very important.” Laturi Corporation, an innovator in the wellness business, was founded in Oulu, Finland in 2012. Laturi’s team has more than 60 years of experience in wellness technology and many have previously worked together as a team at Polar Electro.

CaddieON Inc. specializes in RFID solutions tailored for golf players, instructors, and club managers. The company offers CADDIEON identification tags for golf clubs and a wrist device that tracks each stroke and the clubs used during a game. Additionally, CaddieON provides an application that allows users to choose their course and game, automatically scoring their rounds. The CADDIEON player portal enables users to access player statistics and detailed graphical reports of their performance. Founded in 2012 and based in Oulu, Finland, CaddieON aims to enhance the golfing experience by helping users play smarter and share their results with others.

Fourdeg is a company that specializes in heating optimization technology for water radiator systems in buildings. Founded in 2013 and based in Esbo, Finland, it offers solutions that enhance energy efficiency and improve temperature control, leading to significant energy savings and reduced heating costs. The company's advanced algorithms enable adaptive temperature management at a room level, making it suitable for various types of buildings, including residential, commercial, and public structures. Fourdeg's expertise combines over 90 years of experience in consumer and infrastructure business, product development, and energy technology, supported by collaboration with Aalto University. Its systems not only improve indoor comfort but also contribute to lower carbon footprints, with the potential for impact at individual room, building, and city levels.

MyCadbox, from Finland’s CadFaster, is an online CAD collaboration site, like a Dropbox for CAD files. Unlike its competitors it largely shuns the Web for native desktop and mobile apps that it says affords it the ability to share and view much larger 3D models and at a higher frame rate than browser-based technologies allow. In the future, however, it has more ambitious plans to add Evernote-style search features to help unlock the huge amount of metadata potentially associated with 3D files.