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 based in Southern Finland, founded in 2019. The company specializes in producing health and wellness ingredients aimed at reducing immune-mediated diseases, such as diabetes and allergies. Uute Scientific offers natural extracts derived from diverse microbes found in forests and agricultural environments, which are incorporated into standard consumer products for families with young children. By providing these innovative ingredients, the company seeks to enhance immune systems and lower the risk of developing various health conditions.

Geyser Batteries Oy is a Finnish company based in Vaasa, established in 2018, that specializes in the development and manufacturing of advanced high-power batteries. The company focuses on producing ultra-durable batteries capable of enduring millions of charge and discharge cycles, making them suitable for demanding applications in transportation, power grid management, and heavy machinery. Geyser Batteries utilizes a proprietary water-based electrochemistry and patent-pending technology that merges the energy storage capabilities of traditional batteries and supercapacitors, enhancing energy capacity while ensuring environmental safety throughout production, use, and disposal. Their batteries are designed for rapid charging and reliability, functioning effectively even in extreme temperatures as low as -60°C. Additionally, they are maintenance-free and fire-safe, making them an ideal choice for applications where safety and efficiency are paramount.

Uute Scientific Oy is a biotechnology company based in Southern Finland, founded in 2019. The company specializes in producing health and wellness ingredients aimed at reducing immune-mediated diseases, such as diabetes and allergies. Uute Scientific offers natural extracts derived from diverse microbes found in forests and agricultural environments, which are incorporated into standard consumer products for families with young children. By providing these innovative ingredients, the company seeks to enhance immune systems and lower the risk of developing various health conditions.

MediTuner AB, founded in 2014 and based in Stockholm, Sweden, develops a digital solution aimed at empowering patients with asthma through its clinically validated app, AsthmaTuner. This application connects to a spirometer, allowing users to measure their asthma levels and receive personalized treatment recommendations based on international guidelines. By automating the process and providing tailored advice, AsthmaTuner not only supports patients in managing their condition more effectively but also aids caregivers in their efforts to ensure better asthma control. Through this innovative approach, MediTuner enhances the patient's ability to take control of their asthma while streamlining healthcare delivery.

Revonte Ltd. is a Finnish company based in Tampere that specializes in manufacturing advanced drive systems for electronic bicycles. Established in 2016, Revonte's innovative systems include features such as automatic transmission, a flexible controller, high-capacity batteries, and a dedicated mobile application. These drive systems are designed to be customizable by retailers, allowing them to tailor the technology to meet the specific needs of their e-bikes. Revonte aims to enhance the user experience and provide better after-sale services by integrating modern technology into e-bikes, including capabilities for remote diagnostics and over-the-air updates. The company focuses on delivering competitive mobility solutions, positioning itself as a leader in the e-bike industry.

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 based in Tampere that specializes in manufacturing advanced drive systems for electronic bicycles. Established in 2016, Revonte's innovative systems include features such as automatic transmission, a flexible controller, high-capacity batteries, and a dedicated mobile application. These drive systems are designed to be customizable by retailers, allowing them to tailor the technology to meet the specific needs of their e-bikes. Revonte aims to enhance the user experience and provide better after-sale services by integrating modern technology into e-bikes, including capabilities for remote diagnostics and over-the-air updates. The company focuses on delivering competitive mobility solutions, positioning itself as a leader in the e-bike industry.

Think Outside AS is a technology startup based in Bergen, Norway, focused on developing innovative products for the outdoor and hydropower markets. Founded in 2017, the company specializes in manufacturing real-time radar avalanche remote sensing equipment. Its flagship product, Sknow, provides skiers with critical data about snow layers directly beneath their skis, including parameters such as depth, layering, and density. The devices are designed to enhance safety by enabling users to avoid avalanche risk zones and access vital information regarding snow conditions, slope gradients, and applied forces. Through its integrated software solutions, Think Outside aims to improve production planning and reduce health and safety risks in snow-covered environments.

Geyser Batteries Oy is a Finnish company based in Vaasa, established in 2018, that specializes in the development and manufacturing of advanced high-power batteries. The company focuses on producing ultra-durable batteries capable of enduring millions of charge and discharge cycles, making them suitable for demanding applications in transportation, power grid management, and heavy machinery. Geyser Batteries utilizes a proprietary water-based electrochemistry and patent-pending technology that merges the energy storage capabilities of traditional batteries and supercapacitors, enhancing energy capacity while ensuring environmental safety throughout production, use, and disposal. Their batteries are designed for rapid charging and reliability, functioning effectively even in extreme temperatures as low as -60°C. Additionally, they are maintenance-free and fire-safe, making them an ideal choice for applications where safety and efficiency are paramount.

Surgify is focused on the commercialization of an innovative technology designed for bone surgery, developed at Aalto University with support from the Finnish Funding Agency for Innovation. The company collaborates closely with the Neurosurgical Department of Helsinki University Central Hospital to ensure effective communication with clinicians. Surgify's technology aims to protect proximal soft structures during surgery, thereby minimizing complications such as bleeding, infections, and nerve injuries. This advancement not only enhances surgical safety but also aims to improve patient outcomes and quality of life by reducing suffering associated with these procedures.

Valossa is a Finnish company established in 2015 as a university spin-off, specializing in video recognition and content intelligence software. The company offers a platform that leverages advanced AI technology to analyze video content, enabling businesses in media and entertainment to enhance productivity and derive greater value from their video assets. Valossa's software provides both SaaS and on-premise solutions, utilizing machine learning to interpret video as a human would. Its capabilities include recognizing people, objects, sounds, and inappropriate content, as well as facilitating scene-level searching and highlights extraction. The platform also supports brand monitoring and content inspection, allowing users to automate various cognitive tasks related to video production and analysis. By focusing on the "deep content" of videos, Valossa provides comprehensive tools for understanding and managing video data effectively.

Popit Ltd. is a Finnish company that specializes in the design and manufacture of innovative pill detection devices aimed at improving medication adherence. Established in 2013 and based in Espoo, Popit has developed the Popit Sense, a smart device that attaches to pill blister packs to automatically monitor and record medication consumption. This device is complemented by the Popit Sense Application, which wirelessly connects to the Popit Sense to provide real-time tracking of medication intake, along with consumption statistics and history for users. Additionally, Popit offers Popit Connect, a cloud service that analyzes medication usage efficiency to support healthcare professionals in managing patient treatment. By providing a comprehensive platform that integrates smart technology, mobile applications, and cloud services, Popit aims to enhance patient engagement and improve health outcomes through better medication management.

Augumenta, Ltd. is a company based in Oulu, Finland, specializing in interaction solutions for wearable devices. Founded in 2012, it develops software that combines hand gestures with augmented reality to facilitate innovative control of applications and devices. Augumenta's flagship product, Infinite Touch, is a toolkit designed for developers, enabling gesture interaction through 3D Time-of-Flight cameras in devices such as Microsoft HoloLens and Android smart glasses. The company's offerings are aimed at enhancing operational efficiency and safety for organizations by allowing users to monitor and control machine operations and IoT devices seamlessly. Augumenta licenses its technology to original equipment manufacturers, integrators, and developers both in Finland and internationally, with additional support hubs located in Kyoto, Japan, and Taipei, Taiwan.

Monidor Oy is a Finnish company established in 2015 and based in Oulu. It specializes in the development of innovative electronic devices, with a focus on healthcare technology. The company's flagship product, Monidrop, is an automated infusion monitor designed for intravenous infusion therapy, enhancing the safety and efficiency of medical treatments. Through its advancements in medical technology, Monidor aims to improve patient outcomes and streamline healthcare processes.

Valossa is a Finnish company established in 2015 as a university spin-off, specializing in video recognition and content intelligence software. The company offers a platform that leverages advanced AI technology to analyze video content, enabling businesses in media and entertainment to enhance productivity and derive greater value from their video assets. Valossa's software provides both SaaS and on-premise solutions, utilizing machine learning to interpret video as a human would. Its capabilities include recognizing people, objects, sounds, and inappropriate content, as well as facilitating scene-level searching and highlights extraction. The platform also supports brand monitoring and content inspection, allowing users to automate various cognitive tasks related to video production and analysis. By focusing on the "deep content" of videos, Valossa provides comprehensive tools for understanding and managing video data effectively.

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 based in Helsinki, Finland, specializing in innovative solutions for mobile health and wellness. The company has developed a unique fitness tracking application that enhances users' understanding of their daily activities through a metric known as Fjuul Points. This app goes beyond conventional step or calorie counters by converting physical activity into a metabolic equivalent, providing insights into the intensity and duration of various movements. By offering feedback on how different activities impact health and fitness, Fjuul empowers individuals to adopt healthier habits and improve their overall lifestyle.

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 social interaction. CreateTrips serves a diverse range of customers across multiple countries, including Barbados, Bermuda, Denmark, Estonia, New Zealand, Qatar, and Uganda, making it a versatile tool for trip organization and exploration.

Augumenta, Ltd. is a company based in Oulu, Finland, specializing in interaction solutions for wearable devices. Founded in 2012, it develops software that combines hand gestures with augmented reality to facilitate innovative control of applications and devices. Augumenta's flagship product, Infinite Touch, is a toolkit designed for developers, enabling gesture interaction through 3D Time-of-Flight cameras in devices such as Microsoft HoloLens and Android smart glasses. The company's offerings are aimed at enhancing operational efficiency and safety for organizations by allowing users to monitor and control machine operations and IoT devices seamlessly. Augumenta licenses its technology to original equipment manufacturers, integrators, and developers both in Finland and internationally, with additional support hubs located in Kyoto, Japan, and Taipei, Taiwan.

Alpakka Media Oy is a Finnish company founded in 2007, specializing in the design and creation of high-quality TV animations and internet games aimed at children. Based in Oulunsalo, the company produces a diverse range of multimedia content, including 52 animated television series, mobile games, online games, books, and various merchandise. The company's offerings are characterized by their focus on delivering enjoyable and enriching experiences for young audiences, ensuring that both the visual and narrative elements resonate with children's culture. Alpakka Media is dedicated to creating engaging content that entertains and educates, establishing a strong presence in the children's media landscape.

Sports Tracking Technologies Ltd. is a Finnish company founded in 2009 that specializes in developing a GPS-based fitness application known as Sports Tracker. This application transforms mobile phones into comprehensive sports tracking devices, allowing users to monitor various metrics such as calories burned, distance traveled, and average speed while engaging in physical activities like running and cycling. Users can also track their heart rate with compatible devices and store their workout data in a diary for analysis. Sports Tracker promotes a social environment by enabling users to share their workout experiences and achievements with friends through its community platform, as well as on social media channels like Facebook and Twitter. With millions of downloads across over 200 countries, Sports Tracker has established itself as a leading fitness application in the mobile market. The company operates as a subsidiary of Amer Sports Corp.

Sarokal Test Systems Oy is a Finnish company specializing in the development of protocol test systems for ASIC and FPGA verification and validation across various environments, including simulation, hardware emulation, FPGA prototyping, and post-silicon applications. Established in 2013 and based in Oulu, Sarokal offers a range of innovative products, such as radio base station protocol test systems, Ethernet and network protocol test systems, and JESD204B interface test systems. These solutions cater to high-tech applications in sectors like telecommunications, automotive, and medical equipment, enabling users, including chipset vendors and telecom operators, to develop, test, and verify their 4G and 5G network devices. The company’s Sarokal X-STEP™ products facilitate the generation, capture, and analysis of fronthaul traffic, ensuring full interoperability between devices during both research and field deployment. Additionally, Sarokal provides consulting services to enhance verification and prototyping activities, solidifying its position as a key player in the testing landscape for modern communication technologies.

Conexbird Oy is a Finland-based company that offers innovative marine freight transportation services utilizing patented technology to enhance operational efficiency within the maritime industry. The company specializes in a container and cargo inspection system that employs oscillation technology and sensors to analyze the structural integrity of shipping containers. This system provides critical data through a user-friendly interface, allowing cargo owners, insurance companies, harbors, and container depots to access valuable insights and manage cargo operations more effectively. By focusing on improving efficiency and reducing industrial emissions, Conexbird positions itself as a key service provider for various stakeholders in the 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 social interaction. CreateTrips serves a diverse range of customers across multiple countries, including Barbados, Bermuda, Denmark, Estonia, New Zealand, Qatar, and Uganda, making it a versatile tool for trip organization and exploration.

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. is a Finnish company that specializes in RFID solutions tailored for golf players, instructors, and club managers. Established in 2012 and headquartered in Oulu, the company offers a range of products designed to enhance the golfing experience. This includes CADDIEON identification tags for golf clubs and a wrist device that monitors each stroke and the clubs used during play. Additionally, CaddieON provides a mobile application that allows users to choose their course and game type, automatically scoring their rounds. The CADDIEON player portal further enhances user experience by enabling players to access their statistics and detailed graphical reports of their performance. By leveraging technology, CaddieON aims to help golfers improve their game and share their progress with others.

Fourdeg is a Finnish company founded in 2013, specializing in heating optimization technology for water-radiator heated buildings. Based in Esbo, the company develops systems that ensure energy savings and enhance the efficiency of district heating networks. Its technology features adaptive temperature control that improves indoor comfort while reducing heating costs through lower energy consumption. Fourdeg's solutions operate with precision at the room level, making them suitable for a wide range of buildings, including commercial, public, and residential premises. The company's experienced team, with a combined 90 years of expertise in various fields, collaborates with Aalto University to innovate in energy and control technology. Fourdeg's advanced algorithms provide high-performance diagnostics and predictive service solutions, enabling effective optimization of heating consumption and contributing to a reduced carbon footprint at individual and community 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.