Voima Ventures

MVision AI Oy, founded in 2017 and based in Helsinki, Finland, focuses on enhancing cancer treatment through the application of artificial intelligence and machine learning. The company aims to significantly improve diagnosis and treatment outcomes, particularly for patients in developing countries, thereby also reducing healthcare costs. MVision's founding team is composed of experts, including PhD holders in AI, data platform architects, and physicists, who bring experience from notable organizations in the medical technology sector. Through its innovative technology, MVision seeks to make a meaningful impact on cancer care globally.

Finnadvance OY is a company based in Oulu, Finland, specializing in microtechnology and 3D biology solutions. Founded in 2018, it develops microfluidic organ-on-chips designed for pharmaceutical drug research and development. These innovative devices replicate the activities and physiological responses of entire organs, enabling more accurate studies in drug efficacy and safety. In addition to its core focus on organ-on-chips, Finnadvance also offers tailored hardware solutions and bio-materials for cell culture. Furthermore, the company provides aerial imaging and analysis services, catering to sectors such as forestry and agriculture, along with stockpile management.

Quantagonia’s SaaS Hybrid Quantum Platform (HQP) provides businesses with an easy on-ramp to quantum and hybrid computing, delivering value today while helping generate first-mover advantages for users as quantum computers develop. HQP does this by accepting x86, optimization, simulation, and ML/AI model code, analyzing and transforming that code for optimal use across available HPC and quantum hardware, and then orchestrating the use of that hardware.

ElFys Inc., founded in 2017 and based in Espoo, Finland, specializes in the manufacturing of advanced photodetectors and photodiode technologies. These products are utilized in various applications, including X-ray imaging, spectroscopy, and light sensing. The company emerged to commercialize innovative photodetector technologies developed by university researchers, with its intellectual property protected by multiple patent families. ElFys operates within the state-of-the-art Micronova Nanofabrication Center, which spans 2,600 square meters and is equipped for both research and semi-mass production. The company's partnerships bring extensive expertise in silicon photovoltaics, enabling the application of advancements from solar cell technology to their photodiodes. Key aspects of their manufacturing process include surface passivation and defect engineering, which are critical for enhancing the performance of their photodiodes.

StemSight is a cell therapy startup developing novel treatments for blindness operating in Tampere, Finland.

Betolar Ltd is a Finnish materials technology company founded in 2013, based in Kannonkoski. The company specializes in transforming waste streams from the energy, mining, and forestry sectors into sustainable geopolymer concrete. Betolar's primary offering includes concrete products, ready-mixed concrete, and soil stabilization materials, catering to the construction industry, which encompasses ground engineering, outdoor landscaping, and building materials. Additionally, it serves waste producers from various industries, including energy, paper and pulp, steel, and mining. Utilizing its Geoprime solution, Betolar provides a low-carbon alternative for concrete production by repurposing underused industrial byproducts as substitutes for traditional cement, thereby supporting the green transition across multiple industries.

Enifer Bio is a Finnish company founded in 2019 and based in Espoo, specializing in the production of Pekilo mycoprotein, a sustainable fish feed ingredient. The company utilizes advanced biorefining techniques to create protein-rich feed from previously underutilized by-products and waste streams, thereby contributing to a circular economy. Pekilo mycoprotein is derived from fungi and is designed to enhance sustainability in fish farming by providing a nutritious alternative to traditional feed sources. Enifer Bio leverages decades of expertise to transform waste into valuable resources, aligning with the growing demand for environmentally friendly protein solutions in aquaculture.

Sofi Filtration Oy specializes in the design and manufacture of advanced water cleaning and process wastewater handling solutions applicable across various industries, including mining, metallurgy, oil and gas, and power generation. Established in 2011 and headquartered in Espoo, Finland, the company provides innovative and automated water treatment technologies. Its product offerings include systems for delivering solids-free water for reverse osmosis, treating flue gas wastewater, cooling water treatment, and managing wastewater prior to discharge. Sofi Filtration also focuses on recirculating process water and replacing traditional cartridge or bag filters, ensuring robust performance tailored to industry needs. The company is supported by both public innovation development funds and private investors, reinforcing its commitment to cutting-edge filtration technology.

Monidor Oy, established in 2015 and based in Oulu, Finland, specializes in the development of innovative electronic devices. The company is best known for its product, Monidrop, an automated infusion monitor designed for intravenous infusion therapy. Monidrop aims to enhance the safety and efficiency of infusion processes in medical settings, reflecting Monidor's commitment to advancing healthcare technology.

Iiwari Tracking Solutions is provides indoor positioning technology as it purchased the key licenses from VTT in order to operate globally. The company has a presence in the Nordics as well as the US through it’s integrator network.

Finnadvance OY is a company based in Oulu, Finland, specializing in microtechnology and 3D biology solutions. Founded in 2018, it develops microfluidic organ-on-chips designed for pharmaceutical drug research and development. These innovative devices replicate the activities and physiological responses of entire organs, enabling more accurate studies in drug efficacy and safety. In addition to its core focus on organ-on-chips, Finnadvance also offers tailored hardware solutions and bio-materials for cell culture. Furthermore, the company provides aerial imaging and analysis services, catering to sectors such as forestry and agriculture, along with stockpile management.

MVision AI Oy, founded in 2017 and based in Helsinki, Finland, focuses on enhancing cancer treatment through the application of artificial intelligence and machine learning. The company aims to significantly improve diagnosis and treatment outcomes, particularly for patients in developing countries, thereby also reducing healthcare costs. MVision's founding team is composed of experts, including PhD holders in AI, data platform architects, and physicists, who bring experience from notable organizations in the medical technology sector. Through its innovative technology, MVision seeks to make a meaningful impact on cancer care globally.

Geyser Batteries Oy develops and manufactures novel high-power ultra-durable batteries capable of withstanding millions of cycles of ultra-fast (seconds) charge and discharge. This novel type of batteries is environmentally safe in production, use and disposal and requires zero maintenance. It is fire safe and works even at -60C. Geyser batteries’ products are ideally suited for all applications where fast and efficient charging is critical, as well as the tasks where reliability and safety are your prime concerns.

ElFys Inc., founded in 2017 and based in Espoo, Finland, specializes in the manufacturing of advanced photodetectors and photodiode technologies. These products are utilized in various applications, including X-ray imaging, spectroscopy, and light sensing. The company emerged to commercialize innovative photodetector technologies developed by university researchers, with its intellectual property protected by multiple patent families. ElFys operates within the state-of-the-art Micronova Nanofabrication Center, which spans 2,600 square meters and is equipped for both research and semi-mass production. The company's partnerships bring extensive expertise in silicon photovoltaics, enabling the application of advancements from solar cell technology to their photodiodes. Key aspects of their manufacturing process include surface passivation and defect engineering, which are critical for enhancing the performance of their photodiodes.