Inventure

Inventure is a leading early-stage venture capital company in the Nordics and Baltics. Inventure invests in innovative and fast-growing companies, led by exceptional entrepreneurs and willing to disrupt their industries. Inventure’s team is a great mix of experienced entrepreneurs, industry experts, and investment professionals committed to help start-ups build global success stories. Inventure operates in Helsinki, Stockholm and Shanghai.
AA

Adrian Arnsvik Bjurefalk

Investment Associate

Linus Dahg

Partner

Ekaterina Gianelli

Partner

TH

Tom Henriksson

Member of the Board

Lauri Kokkila

Investment Director

Tuomas Kosonen

Partner

Sami Lampinen

CEO and Partner

Daniel Lauren

Venture Partner

Kristiina Lunnas

CFO

Kevin Lösch

Investment Associate

Andrea Di Pietrantonio

Portfolio Operation Director

RL

Rebecka Löthman Rydå

Investment Director

Tatiana Shalalvand

Investment Director

Timo Tirkkonen

Partner

Fei Xu

Director and Venture Partner

Past deals in Finland

UpCloud

Series B in 2020
UpCloud Ltd is a cloud hosting company that offers an infrastructure-as-a-service for business critical customers. It operates high performance cloud servers that are deployed on enterprise-grade hardware and also provides data centers in London, United Kingdom; Chicago, Illinois; Frankfurt, Germany; and Helsinki, Finland. The company also provides software defined networking (SDN) services to create and configure new flexible private networks for cloud connectivity. It was incorporated in 2011 and is based in Helsinki, Finland.

Boomlagoon

Series A in 2014
Based in the world mobile gaming capital Helsinki, Finland, our team consists of game industry veterans from companies like Rovio, Remedy, Digital Chocolate, Housemarque and Recoil. With a strong understanding of mobile games the company has won multiple Editor’s Choice awards and has been featured worldwide for it’s exclusive list of games based on diverse gameplay mechanics and compelling experiences engaging players on a regular basis.

Material Exchange Ventures AB

Venture Round in 2020
Material Exchange Ventures AB operates a online SaaS platform that helps supply chain of brands, material suppliers, and manufacturers to find the right materials and connect with the suppliers. It also provides a solution that allows manufacturers for the visualization of materials and automates data input. The company was founded in 2017 and is based in Stockholm, Sweden.

Service-Flow

Seed Round in 2022
Service-Flow is a software service provider specialized in developing and producing the world's first SaaS solution for Service Integration. Service-Flow's all-inclusive solution enables outsourcing service buyers and service providers to integrate ITSM tools and digitalize service processes just by subscribing to Service-Flow SaaS. Connect, configure, run - in a day. Service-Flow offices are located in Helsinki and in London.

Valon Lasers

Series A in 2011
The team behind Valon Lasers has experience in ophthalmic lasers since 1972, a legacy few companies can match. In the Valon multispot laser we have combined our decades of experience and knowledge with the newest technology to provide solutions for discerning ophthalmologists. All development and production is carried out by our own professionals. The Valon 5G multispot photocoagulator is a continuation of our commitment to offer ophthalmologists premium solutions now and in the future.

Nordigen

Seed Round in 2021
Nordigen is building the credit bureau of the future by empowering banks and alternative lenders to use bank account data in credit decisions. We work in 12+ countries and offer transaction-based analytics solutions for income verification, affordability checks as well as identifying risk-critical behaviours for credit scoring. Our core products are transaction categorisation and transaction-based behavioural scoring engines for cloud and on-premise use.

Lingvist Inc

Seed Round in 2014
Lingvist is language learning software based on mathematical optimization and statistical analysis. It is designed to help users learn new languages within 200 hours. Its smart algorithm tracks the progress and mistakes of users, and adapts lessons in real time to match their levels and memory patterns. Lingvist is available for iOS and Android devices. Lingvist was launched by Ott Jalakas, Mait Muntel, Andres Koern, and Tanel Hiir in 2013 and is operated from Tallinn, Estonia.

Lassie

Seed Round in 2021
Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets

Noona Healthcare

Seed Round in 2016
Noona is a mobile service that provides cancer centers a real-time holistic view of their patients’ wellbeing. Noona improves the quality of cancer patient care and makes the patient-clinic relationship more personal and meaningful. Clinical staff can rapidly respond to severe symptoms and provide better care to far greater numbers of patients. Noona also enables patients to follow their own wellbeing and recovery and stay in close contact with their clinic.

Whatagraph

Series A in 2021
Whatagraph is a powerful marketing analytics visualisation and automation platform that enables effortless marketing data collection, visualisation and delivery for marketing agencies and teams. Here are some of the main features : * Blend data from multiple channels, accounts, or campaigns and present a clear performance overview to your client. * Automated report delivery * Complete your report by connecting custom data to it: with Google Sheets and Public API integrations, you'll be able to import data from any source at all. * Show your client you put extra effort into building their report. With our White-label feature, you can build tailored reports: change colors, add logos, and use custom domains. * Create a marketing performance report in minutes: use our ready-to-go templates, and you won't have to do any work from scratch. * Real-time team collaboration

Yogaia Oy

Seed Round in 2015
Yogaia Oy provides live yoga classes that are accessed via Yogaia Website, Android application, iPhone/iPad application, or Apple TV (4th Gen) application. It also offers personal advice, tips, and tricks that help the client to take workout further; and online yoga recordings. The company was founded in 2013 and is based in Espoo, Finland.

UpCloud

Series A in 2016
UpCloud Ltd is a cloud hosting company that offers an infrastructure-as-a-service for business critical customers. It operates high performance cloud servers that are deployed on enterprise-grade hardware and also provides data centers in London, United Kingdom; Chicago, Illinois; Frankfurt, Germany; and Helsinki, Finland. The company also provides software defined networking (SDN) services to create and configure new flexible private networks for cloud connectivity. It was incorporated in 2011 and is based in Helsinki, Finland.

Abzu

Seed Round in 2021
Abzu ApS develops platform for artificial general intelligence (AGI). It applies research to develop products in the form of targeted solutions as well as a general purpose platform. Abzu ApS was founded in 2018 and is based in Lyngby, Denmark with additional offices in Barcelona, Spain; and Falkenstein, Germany.

Haltian

Venture Round in 2022
Haltian Oy provides product development services and commercial Internet of Things (IoT) solutions. The company designs and develops imaging devices, IoT and mobile devices, and wearables. It also provides sensors, gateways, and a cloud server System-as a Service for smart spaces. The company was incorporated in 2012 and is based in Oulu, Finland.

Blueprint Genetics

Venture Round in 2016
Blueprint Genetics Oy provides clinical genetics testing followed by blueprint and customized next-generation sequencing services. The company provide services that include one-off sequencing projects, and tailored sequencing and bioinformatics platforms to address specific sequencing needs. It also offers custom services for researchers and diagnostics providers. Blueprint Genetics Oy was founded in 2012 and is based in Helsinki, Finland. As of January 21, 2020, Blueprint Genetics Oy operates as a subsidiary of Quest Diagnostics Incorporated.

ScanNano

Seed Round in 2009
Scannano is a privately-held company located and registared in Finland dedicated to the design and commercial development of a series of advanced Resonant Micro- Electro-Mechanical Systems devices (R-MEMS). Micro-Electro-Mechanical Systems, also known as micro-machines, are revolutionary devices based upon the integration of mechanical elements, sensors, actuators, and electronics on a common silicon chip. MEMS technology promises to benefit nearly every product category by bringing together silicon-based microelectronics with micromachining technology, to achieve the realization of complete "system-on-a-chip". The Company has developed unique, patented MEMS devices that are capable of detecting and measuring the presence and interaction of sub-atomic particles such as photons and electrons. In combination with a range of custom, task-specific software, the Scannano MEMS devices can perform their tasks with unequalled levels of speed, precision and reliability. Dr. Andrei Pavlov, President and Founder of ScanNanoTek announced further progress in its R&D Program, demonstrating the validity of its Deep Vacuum Gap Technology for the production of new MEMS devices. This follows ScanNanoTek's October 2, 2011 announcement about encouraging progress in a new R&D Program in which STMicroelectronics, for its CMOS technology expertise, is engaged.

Elsa

Seed Round in 2021
Elsa is a platform for patient driven research for better drugs, health and prevention. Elsa lets patients become their own personal researchers by providing them with a better understanding around how lifestyle factors may affect their disease activity measurements for chronic disease. To support them from a scientific perspective, Elsa gives them access to data on their specific disease (initially we work with rheumatoid arthritis) through the Riskminder foundation and scientific studies at Karolinska Institutet.

Swappie

Series C in 2022
Swappie.com is a safe and secure online store for refurbished smartphones where you can order affordable smartphones directly from our store, which have been tested and refurbished using the newest technology. Swappie refurbishes iPhones to the highest standards using the latest technology and reduces environmental waste. The company operates its own refurbishment factory in the Nordics and sells directly to consumers via its online store. All devices are fully inspected by Swappie’s professional technicians and every phone sold comes with a 12-month Swappie Warranty™.

Nordigen

Seed Round in 2018
Nordigen is building the credit bureau of the future by empowering banks and alternative lenders to use bank account data in credit decisions. We work in 12+ countries and offer transaction-based analytics solutions for income verification, affordability checks as well as identifying risk-critical behaviours for credit scoring. Our core products are transaction categorisation and transaction-based behavioural scoring engines for cloud and on-premise use.

12traits

Series A in 2021
12traits is the missing piece to understanding human behavior in digital environments.

Howspace

Series A in 2021
Howspace is a digital facilitation platform that helps you deliver powerful organizational change initiatives, learning programs, and workshops. Howspace adapts to your way of working. You can build the workspaces to match your tried and tested processes. Edit the looks of your workspace, manage the participants access levels, move content around, and add new pages as you go along.

Yeply

Seed Round in 2022
Yeply Mobile Bike Service is a start-up that specializes in bicycle maintenance. Yeply’s ideology is that bicycle maintenance should be an easy, quick, and effortless experience for the customer. It believes that every bike is worth caring for and they value every cyclist equally - cycling belongs to everyone. It was founded in 2016 and is headquartered in Helsinki, Finland.

Sharin

Pre Seed Round in 2019
Omocom offers safe, simple and secure insurance for all kind of renting, sharing and re-using, digitally, automated and integrated into the sales flow of the platform

ThingLink

Seed Round in 2010
ThingLink is a provider of a cloud-based education technology platform intended to help in creating and distributing interactive images for blogs, web pages, social channels, and advertising. The company's platform offers an online interactive identification tool that makes clickable tags on images on the web and helps to share the tagged images on social networks, enabling clients to create memorable interactive digital experiences and attract customers.

Service-Flow

Seed Round in 2018
Service-Flow is a software service provider specialized in developing and producing the world's first SaaS solution for Service Integration. Service-Flow's all-inclusive solution enables outsourcing service buyers and service providers to integrate ITSM tools and digitalize service processes just by subscribing to Service-Flow SaaS. Connect, configure, run - in a day. Service-Flow offices are located in Helsinki and in London.

Noie

Series A in 2021
Nøie is customised skincare based on individual skin profiles, scientifically proven ingredients, and shared knowledge within a community united by similar issues. Our algorithms harness the power of the crowd to help the individual.

IroFit Technologies Oy

Series A in 2022
IroFit mobile card reader allows small businesses accept card payments anywhere they operate, even in areas with poor internet connection. By ensuring widest possible coverage area and effective operations, merchants increase sales and buyers are better served. We improve the overall purchasing experience for billions living in areas with poor/no Internet connection.

Noquo Foods

Series A in 2021
We set off with a first vision: to create a cheese that is superior in taste and nutrition, constantly striving to use our planet’s resources wisely, accessible to all yet one of the top preferred cheeses by chefs and restaurants. Simply put, the world’s most ambitious cheese.
Material Exchange Ventures AB operates a online SaaS platform that helps supply chain of brands, material suppliers, and manufacturers to find the right materials and connect with the suppliers. It also provides a solution that allows manufacturers for the visualization of materials and automates data input. The company was founded in 2017 and is based in Stockholm, Sweden.

Zaver

Venture Round in 2021
Zaver is a fintech that has built a payments platform to facilitate peer-to-peer trades and more

Lassie

Series A in 2022
Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets

Jobbatical

Series A in 2022
Jobbatical OÜ offers online services to post and search short-term employment opportunities. It connects professionals, such as developers, graphic designers, and marketers who seek new locations and teams in order to leave their current careers for a short-term combined work and travel experience to employers seeking to hire for short stints. The company was founded in 2014 and is based in Estonia.

Insurello AB

Venture Round in 2021
Insurello AB develops an online insurance claim and settlement platform. The company offers an online platform, Insurello, which provides insurance compensation analysis and management for accidents, healthcare, damages, and medical disabilities. The company was incorporated in 2016 and is based in Stockholm, Sweden.

Detectify AB

Seed Round in 2015
Detectify offers a SaaS-based tool for security analysis of web applications. Detectify is a service where website owners and developers can enter the domain name of a website and let Detectify analyze its security level by applying a broad range of emulated hacker attacks. Detectify then provides the owner with an easy to understand report that describes the identified vulnerabilities and their potential risk in the hands of malicious hackers.

Scoro

Series B in 2021
Scoro Software Limited develops business management software. Its solutions include project management, work scheduling and tracking, financial management, customer relation management and quoting, reporting and dashboard, customization, mobile application, and integrations. The company was founded in 2013 and is based in London, United Kingdom.

Elsa

Seed Round in 2018
Elsa is a platform for patient driven research for better drugs, health and prevention. Elsa lets patients become their own personal researchers by providing them with a better understanding around how lifestyle factors may affect their disease activity measurements for chronic disease. To support them from a scientific perspective, Elsa gives them access to data on their specific disease (initially we work with rheumatoid arthritis) through the Riskminder foundation and scientific studies at Karolinska Institutet.

KNL Networks (Kyynel Ltd)

Seed Round in 2014
Since day one Kyynel Ltd has focused on advanced high frequency (HF) wireless systems. Working in the field of wireless telecommunication systems, we are utilizing the latest software defined radio and cognitive radio technologies. But we are not just another high tech company making fancy stuff for engineers. We, at Kyynel, would like you to feel the same kind of user experience as the users of the original Kyynel radio did back in the 1940’s. Back then, Kyynel was widely regarded as the most advanced HF-radio of its time – boasting not only top notch tech specs, but also an unparalleled ease of use. Stay tuned for a new revelation of HF-radio

Canatu

Series C in 2016
Developer and manufacturer of transparent conductive films and touch sensors

Thirdpresence

Seed Round in 2018
Thirdpresence creates the best in-app brand environment and user experience for video advertising. Match your branding objectives with a large-scale video audience and get results. The company has offices in Helsinki, New York, and London, and it's venture-backed by institutional and angel investors.
Developing self-driving software, proprietary simulation tools and neural network acceleration hardware IP, AImotive is building an ecosystem to aid the deployment of automated driving. To catalyse industry collaboration our products are scalable, modular and hardware agnostic. We build on our team’s expertise in artificial intelligence, sensor fusion, 3D graphics and real-world automated driving workloads, to support partners in realizing their self-driving goals.

Stravito AB

Series A in 2021
Stravito AB develops a software solution providing competitive intelligence for consumer packaged goods (CPG) companies. It develops a software tool that helps employees at consumer goods companies to find and share key market information and data points. The company was founded in 2017 and is based in Stockholm, Sweden.

ThingLink

Venture Round in 2016
ThingLink is a provider of a cloud-based education technology platform intended to help in creating and distributing interactive images for blogs, web pages, social channels, and advertising. The company's platform offers an online interactive identification tool that makes clickable tags on images on the web and helps to share the tagged images on social networks, enabling clients to create memorable interactive digital experiences and attract customers.

Logical Clocks AB

Series A in 2021
Logical Clocks AB develops and provides a data platform. The company offers Hops Enterprise Services using deep learning, stream processing, and SQL on hops. It also provides Hopsworks Enterprise, an on-premise data management and data science platform; plans and pricing solution; and ROI calculator using deeplearning11 GPU server; and data scientist ROI calculator. The company was founded in 2016 and is headquartered in Stockholm, Sweden.

Zaver

Seed Round in 2019
Zaver is a fintech that has built a payments platform to facilitate peer-to-peer trades and more

Noquo Foods

Seed Round in 2020
We set off with a first vision: to create a cheese that is superior in taste and nutrition, constantly striving to use our planet’s resources wisely, accessible to all yet one of the top preferred cheeses by chefs and restaurants. Simply put, the world’s most ambitious cheese.

Commsignia Ltd.

Series A in 2019
Commsignia Ltd. researches, develops, manufactures, and distributes cooperative intelligent transportation systems. It offers vehicle-to-vehicle and vehicle-to-infrastructure communication technologies; and various connected car solutions; Commsignia V2X Software Stack, an embedded solution that provides a modular framework and small footprint for various resource-constrained target platforms. The company was founded in 2012 and is based in Budapest, Hungary.

WOT Services

Series A in 2012
MyWOT / WOT (Web of Trust) is a website safety reputation and review extension that helps you make informed decisions about whether to trust a website when you are searching, shopping or surfing online. MyWOT displays website reputations as traffic lights next to links when you use search engines, social networking sites, email and popular sites such as Wikipedia. By clicking the traffic light icon you can learn more about a website’s reputation and other users’ opinions. A green traffic light means users have rated the site as trusted and reliable, red warns of potential threats and yellow indicates that you should proceed with caution. MyWOT ratings and reviews are powered by a global community of millions of users who rate websites based on their personal experiences, and are verified by trusted technical sources. Additionally, third-party sources warn you of malware and other threats you might encounter. With MyWOT, you can contribute to web safety by rating websites yourself, warning other users of potential threats you’ve come across.

Haltian

Venture Round in 2020
Haltian Oy provides product development services and commercial Internet of Things (IoT) solutions. The company designs and develops imaging devices, IoT and mobile devices, and wearables. It also provides sensors, gateways, and a cloud server System-as a Service for smart spaces. The company was incorporated in 2012 and is based in Oulu, Finland.

Freespee

Series A in 2011
Freespee is a cloud communication platform that makes marketing, sales and service teams better at what they do. At Freespee they believe that every consumer deserves a personalised and fulfilling conversational experience. They do this by allowing consumer-facing brands to have contextualised conversations with their web and app users by combining multiple data silos into a single digital function. Freespee powers millions of conversations and has become an integral tool for companies worldwide to better understand both their data and consumer’s journey.

Detectify AB

Series A in 2018
Detectify offers a SaaS-based tool for security analysis of web applications. Detectify is a service where website owners and developers can enter the domain name of a website and let Detectify analyze its security level by applying a broad range of emulated hacker attacks. Detectify then provides the owner with an easy to understand report that describes the identified vulnerabilities and their potential risk in the hands of malicious hackers.

Iptune

Series A in 2010
Iptune is a global provider of Mobile Service Solutions with a proven track record in the telecom industry. They have developed a broad portfolio of solutions and services to help there customers to overcome the complexity of modern Mobile Service environment and maximize the revenues of their investments.

Swappie

Series B in 2020
Swappie.com is a safe and secure online store for refurbished smartphones where you can order affordable smartphones directly from our store, which have been tested and refurbished using the newest technology. Swappie refurbishes iPhones to the highest standards using the latest technology and reduces environmental waste. The company operates its own refurbishment factory in the Nordics and sells directly to consumers via its online store. All devices are fully inspected by Swappie’s professional technicians and every phone sold comes with a 12-month Swappie Warranty™.

Sharin

Seed Round in 2020
Omocom offers safe, simple and secure insurance for all kind of renting, sharing and re-using, digitally, automated and integrated into the sales flow of the platform

Trackway

Series B in 2006
Trackway has delivered software solutions for logistics, manufacturing and asset-tracking based on barcodes, RFID and GPS technologies.

BeiZ

Series A in 2012
BeiZ Oy, trading as Lola Panda, designs, develops, and publishes educational, knowledge, and non-violent games for adults and children. It also offers mobile games. The company was founded in 2010 and is based in Tampere, Finland with additional office in Beijing, China.

Insurello AB

Venture Round in 2020
Insurello AB develops an online insurance claim and settlement platform. The company offers an online platform, Insurello, which provides insurance compensation analysis and management for accidents, healthcare, damages, and medical disabilities. The company was incorporated in 2016 and is based in Stockholm, Sweden.

Wolt

Seed Round in 2015
Wolt makes it incredibly easy to discover and get great food, delivered to home or office. The Helsinki-based company has raised $280M in funding from investors such as ICONIQ Capital, Highland Europe, 83North, EQT Ventures and Goldman Sachs.

Miradore Ltd.

Series B in 2012
Miradore Ltd. provides Web-based IT lifecycle management systems. The company offers cloud-based management solutions that consist of integrated asset management, configuration management, and lifecycle management tools. Its solutions allow remote access to IT devices and software, as well as support IT lifecycle, including purchasing, installation, maintenance, replacement, and retiring devices. The company’s solutions offer multi customer support, real-time asset management, integrated configuration management, automating software and configuration changes, operating system installation and hardware replacement, self-service portal with approval workflow, and key performance indicators and reporting. It also offers training services. The company’s software solutions are used by IT service providers, enterprises, healthcare, government and the Finnish military. Miradore Ltd. was founded in 2006 and is based in Lappeenranta, Finland with additional offices in Helsinki and Lappeenranta.

GLIMR

Seed Round in 2015
Glimr AB provides geolocation tools for geographic targeting. It builds location database for users from their data that works across devices and networks. Glimr AB was formerly known as Katalysator Limited. The company was founded in 2014 and is based in London, United Kingdom with an additional office in Stockholm, Sweden.

Umbra

Seed Round in 2015
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. Headquartered in Helsinki, Finland, Umbra has offices in the US, EMEA, and APAC.

Bitbar Technologies Ltd.

Series A in 2015
Bitbar Technologies Ltd. develops cloud-based mobile application testing solution. It offers mobile application testing; codeless application test automation; and other professional services, such as systems development, testing, consulting, and training. The company offers a customizable application testing infrastructure, deployed as a private mobile device cloud or an on premise mobile device lab for large organizations. The company caters to technology, financial services, gaming, retail and e-commerce, and media industries. The company was founded in 2009 and is based in Helsinki, Finland. As of August 29, 2019, Bitbar Technologies Ltd. operates as a subsidiary of SmartBear Software Inc.

Wolt

Seed Round in 2014
Wolt makes it incredibly easy to discover and get great food, delivered to home or office. The Helsinki-based company has raised $280M in funding from investors such as ICONIQ Capital, Highland Europe, 83North, EQT Ventures and Goldman Sachs.

Blueprint Genetics

Venture Round in 2014
Blueprint Genetics Oy provides clinical genetics testing followed by blueprint and customized next-generation sequencing services. The company provide services that include one-off sequencing projects, and tailored sequencing and bioinformatics platforms to address specific sequencing needs. It also offers custom services for researchers and diagnostics providers. Blueprint Genetics Oy was founded in 2012 and is based in Helsinki, Finland. As of January 21, 2020, Blueprint Genetics Oy operates as a subsidiary of Quest Diagnostics Incorporated.
Material Exchange Ventures AB operates a online SaaS platform that helps supply chain of brands, material suppliers, and manufacturers to find the right materials and connect with the suppliers. It also provides a solution that allows manufacturers for the visualization of materials and automates data input. The company was founded in 2017 and is based in Stockholm, Sweden.

46elks

Seed Round in 2012
46elks AB develops a cloud communications platform that integrates voice, SMS, and MMS into various applications. It offers 46elks, a platform that enables users to allocate phone numbers, receive SMS, send SMS, get delivery reports, get incoming phone calls, get international phone calls, and create outgoing phone calls. The company was founded in 2011 and is based in Uppsala, Sweden.

Now Interact

Series A in 2016
Now Interact is a software company with offices in London, Amsterdam, Palo Alto and the HQ in Stockholm. The mission is to create Predictive Intelligence applications that enhance existing online personalization- and engagement solutions. The company’s target audience is online-centric businesses and the software vendors that provide personalization solutions to those businesses. The first application, Personalized contact options, is used to optimize sales and customer experience across online and offline channels. The application is used by customers in the Nordics, Holland, UK, Germany and the US. The vision is to become the Predictive Intelligence turbochip inside the leading online personalization- and engagement platforms.

Logical Clocks AB

Seed Round in 2018
Logical Clocks AB develops and provides a data platform. The company offers Hops Enterprise Services using deep learning, stream processing, and SQL on hops. It also provides Hopsworks Enterprise, an on-premise data management and data science platform; plans and pricing solution; and ROI calculator using deeplearning11 GPU server; and data scientist ROI calculator. The company was founded in 2016 and is headquartered in Stockholm, Sweden.

Canatu

Series B in 2013
Developer and manufacturer of transparent conductive films and touch sensors

Merus Power Dynamics

Series A in 2012
Merus Power Dynamics is a clean technology company enabling companies to save energy and increase productivity in the business operations. It offers solutions that enable companies to save energy, increase revenue, and productivity and meet regulators' grid connection criteria. To its partners Merus Power offers a unique business opportunity in the fast growing power quality market with its broad product portfolio, technology and problem solving capability unmatched by its rivals. Merus Power Dynamics Oy was founded by a team of experienced engineers in 2008. It develops a power quality product family with a focus on efficiency, reliability, and excellent dynamic performance. Merus Power also offers its customers professional system study services in order to give overall service from problem analysis to solution. Merus Power belongs to Cleantech Finland, a network of top cleantech experts.

KNL Networks (Kyynel Ltd)

Series A in 2016
Since day one Kyynel Ltd has focused on advanced high frequency (HF) wireless systems. Working in the field of wireless telecommunication systems, we are utilizing the latest software defined radio and cognitive radio technologies. But we are not just another high tech company making fancy stuff for engineers. We, at Kyynel, would like you to feel the same kind of user experience as the users of the original Kyynel radio did back in the 1940’s. Back then, Kyynel was widely regarded as the most advanced HF-radio of its time – boasting not only top notch tech specs, but also an unparalleled ease of use. Stay tuned for a new revelation of HF-radio

Wirepas Ltd.

Series B in 2019
Wirepas vision is to enable profitable large-scale business for their customers by unique multi-hop mesh network solution in the fast growing Internet of Things market. Wirepas Pino is the only connectivity solution in the market offering deterministic performance, local radio adaptability capability and very high reliability at any scale, solving one of the most common problems in IoT platforms.

Mindfield Games

Seed Round in 2014
Mindfield Games SaaS-based company that develops virtual reality games. The company was founded in 2013 and is based in Helsinki, Finland.

Blueprint Genetics

Series A in 2017
Blueprint Genetics Oy provides clinical genetics testing followed by blueprint and customized next-generation sequencing services. The company provide services that include one-off sequencing projects, and tailored sequencing and bioinformatics platforms to address specific sequencing needs. It also offers custom services for researchers and diagnostics providers. Blueprint Genetics Oy was founded in 2012 and is based in Helsinki, Finland. As of January 21, 2020, Blueprint Genetics Oy operates as a subsidiary of Quest Diagnostics Incorporated.

Wirepas Ltd.

Series A in 2016
Wirepas vision is to enable profitable large-scale business for their customers by unique multi-hop mesh network solution in the fast growing Internet of Things market. Wirepas Pino is the only connectivity solution in the market offering deterministic performance, local radio adaptability capability and very high reliability at any scale, solving one of the most common problems in IoT platforms.

Sólfar Studios ehf

Seed Round in 2015
Sólfar Studios is founded by three industry veterans that have been working on the cutting edge of online worlds, games and virtual reality for over 20 years. Highly selective on talent and collaborators while keeping a nimble profile, we pride ourselves on an uncompromising commitment to the quality and impact of our productions.​

Platypus

Seed Round in 2020
Platypus is the HR tech solution that helps you discover what people value at every stage of the talent lifecycle, from attraction to management to retention.

Spectral Engines Oy

Series A in 2016
Spectral Engines Oy develops and produces advanced spectral sensors for process spectroscopy, agriculture, food and beverage, and gas sensing fields. It offers OEM sensors, application development kits, gas sensors, portable instruments, and SW development kits. The company serves moisture, polymers, hydrocarbons, CO2, APIs in pharma, beverages, and food composition applications. Spectral Engines Oy was founded in 2014 and is headquartered in Helsinki, Finland. As of May 3, 2018, Spectral Engines Oy operates as a subsidiary of m-u-t AG.

Conmio

Series A in 2010
Conmio Ltd. brings media content into mobile browsers. Conmio's customers include media brands, mobile operators, digital media agencies and system integrators, along with providers of editorial, publishing and business systems and applications. Conmio provides consulting, support and services worldwide, with a proven track record in deploying mobile content solutions in Europe, North & South America and the Asia-Pacific region.
Developing self-driving software, proprietary simulation tools and neural network acceleration hardware IP, AImotive is building an ecosystem to aid the deployment of automated driving. To catalyse industry collaboration our products are scalable, modular and hardware agnostic. We build on our team’s expertise in artificial intelligence, sensor fusion, 3D graphics and real-world automated driving workloads, to support partners in realizing their self-driving goals.

Abzu

Seed Round in 2019
Abzu ApS develops platform for artificial general intelligence (AGI). It applies research to develop products in the form of targeted solutions as well as a general purpose platform. Abzu ApS was founded in 2018 and is based in Lyngby, Denmark with additional offices in Barcelona, Spain; and Falkenstein, Germany.

Service-Flow

Venture Round in 2018
Service-Flow is a software service provider specialized in developing and producing the world's first SaaS solution for Service Integration. Service-Flow's all-inclusive solution enables outsourcing service buyers and service providers to integrate ITSM tools and digitalize service processes just by subscribing to Service-Flow SaaS. Connect, configure, run - in a day. Service-Flow offices are located in Helsinki and in London.

Vizor.io

Seed Round in 2017
Vizor is an online platform that lets its users explore, create, and publish virtual reality on the web.

Mekitec Oy

Venture Round in 2014
Mekitec Oy engages in the development, industrialization, manufacture, and distribution of X-ray food inspection systems for detecting and removing physical contamination in food products, including glass, metal, stones, and dense plastics in Finland, Germany, Sweden, Lithuania, Italy, China, South Korea, Thailand, and Canada. Its food inspection systems are used to inspect various products, such as rice, jam, cheese, grain, nutrition protein powder, meat, bulk sugar, chewing tobacco, nuts, dumplings, and frozen shrimps. The company was formerly known as Inspex Oy. Mekitec Oy was incorporated in 2005 and is based in Oulu, Finland.

IroFit Technologies Oy

Seed Round in 2014
IroFit mobile card reader allows small businesses accept card payments anywhere they operate, even in areas with poor internet connection. By ensuring widest possible coverage area and effective operations, merchants increase sales and buyers are better served. We improve the overall purchasing experience for billions living in areas with poor/no Internet connection.

Code Scene

Seed Round in 2021
Code Sceneis a powerful visualization tool that uses Predictive Analytics to find social patterns and hidden risks in your code.

FRWD Technologies

Series A in 2005
FRWD Technologies, Ltd. designs, develops, and markets sports computers for outdoor and alternative sports enthusiasts, athletes, and professionals. The company's sports computer records route, location, speed, distance, heart rate or RR heart rate, altitude, temperature, and air pressure, as well as shows them real time on wrist display or mobile phone. It sells its products through retailers and distributors in Estonia, Finland, France, Germany, Norway, Poland, Portugal, Spain, Sweden, Austria, and Switzerland. The company was founded in 2000 and is based in Oulu, Finland. It has operations in Sweden, Austria, Switzerland, and internationally.

Swappie

Series A in 2019
Swappie.com is a safe and secure online store for refurbished smartphones where you can order affordable smartphones directly from our store, which have been tested and refurbished using the newest technology. Swappie refurbishes iPhones to the highest standards using the latest technology and reduces environmental waste. The company operates its own refurbishment factory in the Nordics and sells directly to consumers via its online store. All devices are fully inspected by Swappie’s professional technicians and every phone sold comes with a 12-month Swappie Warranty™.

Klevu Oy

Series A in 2019
Klevu Oy is a self-learning search engine that helps online retailers turn visitors into customers. Its search for SMEs focuses on fast, relevant search with actionable insights into shoppers’ search and easy self-service integration. Klevu Oy’s enterprise edition provides natural language search with ease of catalog maintenance and insights into shopping experience. It is based in Helsinki, Southern Finland.

Detectify AB

Venture Round in 2017
Detectify offers a SaaS-based tool for security analysis of web applications. Detectify is a service where website owners and developers can enter the domain name of a website and let Detectify analyze its security level by applying a broad range of emulated hacker attacks. Detectify then provides the owner with an easy to understand report that describes the identified vulnerabilities and their potential risk in the hands of malicious hackers.

Froont

Seed Round in 2014
Froont Oy provides solutions to prototype websites. The company was incorporated in 2013 and is based in Helsinki, Finland.

Lingvist Inc

Series A in 2015
Lingvist is language learning software based on mathematical optimization and statistical analysis. It is designed to help users learn new languages within 200 hours. Its smart algorithm tracks the progress and mistakes of users, and adapts lessons in real time to match their levels and memory patterns. Lingvist is available for iOS and Android devices. Lingvist was launched by Ott Jalakas, Mait Muntel, Andres Koern, and Tanel Hiir in 2013 and is operated from Tallinn, Estonia.

Whitevector

Series A in 2009
Whitevector helps companies to take advantage of these discussions in brand management and marketing. The company is a forerunner in social media measurement. The main product of the company is Chat Reports, a web-based service that allows companies to monitor, analyse and measure online discussions for brand management and marketing. Chat Reports features patent-pending information retrieval and linguistics technology from a university background.

mojo diagnostics

Seed Round in 2019
We are experts in tech, working alongside experts in fertility. These partnerships have fostered a vision of democratising fertility care for the future. We believe that everyone should have access to reliable and affordable fertility care.

DrugStars

Venture Round in 2019
Drugstars Aps owns and operates an Internet platform for healthcare sector that rewards patients for taking their medication. The company was founded in 2017 and is headquartered in Ballerup, Capital Region of Denmark, Denmark.

Detectify AB

Series B in 2019
Detectify offers a SaaS-based tool for security analysis of web applications. Detectify is a service where website owners and developers can enter the domain name of a website and let Detectify analyze its security level by applying a broad range of emulated hacker attacks. Detectify then provides the owner with an easy to understand report that describes the identified vulnerabilities and their potential risk in the hands of malicious hackers.

Elsa

Seed Round in 2020
Elsa is a platform for patient driven research for better drugs, health and prevention. Elsa lets patients become their own personal researchers by providing them with a better understanding around how lifestyle factors may affect their disease activity measurements for chronic disease. To support them from a scientific perspective, Elsa gives them access to data on their specific disease (initially we work with rheumatoid arthritis) through the Riskminder foundation and scientific studies at Karolinska Institutet.

Whatagraph

Seed Round in 2020
Whatagraph is a powerful marketing analytics visualisation and automation platform that enables effortless marketing data collection, visualisation and delivery for marketing agencies and teams. Here are some of the main features : * Blend data from multiple channels, accounts, or campaigns and present a clear performance overview to your client. * Automated report delivery * Complete your report by connecting custom data to it: with Google Sheets and Public API integrations, you'll be able to import data from any source at all. * Show your client you put extra effort into building their report. With our White-label feature, you can build tailored reports: change colors, add logos, and use custom domains. * Create a marketing performance report in minutes: use our ready-to-go templates, and you won't have to do any work from scratch. * Real-time team collaboration

Cyberlightning Ltd.

Series A in 2014
Cyberlightning is the 3D Internet Company with next generation controlling and monitoring solutions for the Internet of Things (IoT) networks in the Smart City context. At the moment we are developing real world and virtual world integration for European Union’s service portfolio and also at the same time enabling IoT networks to be controllable via mobile devices. Our future proof, open source and open standards based Internet technology solutions enable efficient big data manipulation in auto-generated 3D models with no vendor lock-in. Cyberlightning’s new CyberVille™ solution is mainly aimed at Energy Sector system integrators, utilities and solution providers with empowering features for operations in logistics, power plants, smart grid and home area applications – Though our technology is also horizontally scalable through other IoT/big data verticals, such as traffic, infrastructure and health.

Rightware Oy

Series A in 2010
Rightware Oy provides graphical user interface solutions for in mobile, automotive, and other embedded industries worldwide. It offers Kanzi to solve the implementation and differentiation problems of 3D user interfaces; and enable UI designers and engineers to focus on the creation, testing, and deployment of 3D user interfaces. The company also provides Kanzi Studio to provide a what-you-see-is-what-you-get editor for the user interface designers and embedded engineers for creation and customization of embedded user interfaces. In addition, it develops Basemark system performance analysis tools for OpenGL ES, OpenVG, OpenCL, Android, Linux, and Windows Mobile performance measurement. Rightware Oy was founded in 2009 and is based in Espoo, Finland with additional offices in Shanghai, Beijing, and Palo Alto.

Beddit

Venture Round in 2014
Beddit.com Oy offers Beddit, a smart bed sensor that is placed under the mattress topper and linked to an online service, which tracks user’s sleep, wellbeing, and health. Its solution measures user’s sleep time recuperation. The company was formerly known as Finsor Oy. Beddit.com Oy was founded in 2006 and is based in Espoo, Finland. As of May 8, 2017, Beddit.com Oy operates as a subsidiary of Apple Inc.

Freespee

Series B in 2016
Freespee is a cloud communication platform that makes marketing, sales and service teams better at what they do. At Freespee they believe that every consumer deserves a personalised and fulfilling conversational experience. They do this by allowing consumer-facing brands to have contextualised conversations with their web and app users by combining multiple data silos into a single digital function. Freespee powers millions of conversations and has become an integral tool for companies worldwide to better understand both their data and consumer’s journey.

Canatu

Series A in 2010
Developer and manufacturer of transparent conductive films and touch sensors

Comptek Solutions

Seed Round in 2018
Comptek Solutions Oy develops Kontrox technology, which is a quantum (atomic-level) surface engineering process used for producing defect free surface of the compound semiconductors. The technology yields a crystalline surface for III-V-based compound semiconductor devices. It has applications in the fields, including CMOS processors manufacturing, radio frequency, optoelectronics, power electronics, and concentrated photovoltaics. The company was founded in 2017 and is based in Turku, Finland.

Yogaia Oy

Seed Round in 2014
Yogaia Oy provides live yoga classes that are accessed via Yogaia Website, Android application, iPhone/iPad application, or Apple TV (4th Gen) application. It also offers personal advice, tips, and tricks that help the client to take workout further; and online yoga recordings. The company was founded in 2013 and is based in Espoo, Finland.

Scoro

Seed Round in 2016
Scoro Software Limited develops business management software. Its solutions include project management, work scheduling and tracking, financial management, customer relation management and quoting, reporting and dashboard, customization, mobile application, and integrations. The company was founded in 2013 and is based in London, United Kingdom.

Wirepas Ltd.

Venture Round in 2016
Wirepas vision is to enable profitable large-scale business for their customers by unique multi-hop mesh network solution in the fast growing Internet of Things market. Wirepas Pino is the only connectivity solution in the market offering deterministic performance, local radio adaptability capability and very high reliability at any scale, solving one of the most common problems in IoT platforms.

Zaver

Venture Round in 2019
Zaver is a fintech that has built a payments platform to facilitate peer-to-peer trades and more

Comptek Solutions

Seed Round in 2017
Comptek Solutions Oy develops Kontrox technology, which is a quantum (atomic-level) surface engineering process used for producing defect free surface of the compound semiconductors. The technology yields a crystalline surface for III-V-based compound semiconductor devices. It has applications in the fields, including CMOS processors manufacturing, radio frequency, optoelectronics, power electronics, and concentrated photovoltaics. The company was founded in 2017 and is based in Turku, Finland.

CBTec Oy

Seed Round in 2014
CBTec Oy develops Eliademy, an online education platform that enable educators and students to create, share, and manage courses. It operates as a learning management system for universities, colleges, trainers, coaches, hobby clubs, and others. The company also provides software consulting, business development, information technology support, and program management; and tailored solutions, such as assisting users in building business applications. CBTec Oy was founded in 2012 and is based in Helsinki, Finland.

ThingLink

Seed Round in 2013
ThingLink is a provider of a cloud-based education technology platform intended to help in creating and distributing interactive images for blogs, web pages, social channels, and advertising. The company's platform offers an online interactive identification tool that makes clickable tags on images on the web and helps to share the tagged images on social networks, enabling clients to create memorable interactive digital experiences and attract customers.

Wolt

Series A in 2016
Wolt makes it incredibly easy to discover and get great food, delivered to home or office. The Helsinki-based company has raised $280M in funding from investors such as ICONIQ Capital, Highland Europe, 83North, EQT Ventures and Goldman Sachs.

Leetify AB

Seed Round in 2020
Leetify AB develops an AI coaching platform for gamers. Its AI coaching platform automatically analyses the matches that gamers play, identifies weaknesses, personalizes practices, and tracks progress. The company was founded in 2019 and is based in Stockholm, Sweden.

Freespee

Seed Round in 2009
Freespee is a cloud communication platform that makes marketing, sales and service teams better at what they do. At Freespee they believe that every consumer deserves a personalised and fulfilling conversational experience. They do this by allowing consumer-facing brands to have contextualised conversations with their web and app users by combining multiple data silos into a single digital function. Freespee powers millions of conversations and has become an integral tool for companies worldwide to better understand both their data and consumer’s journey.

Spectral Engines Oy

Seed Round in 2014
Spectral Engines Oy develops and produces advanced spectral sensors for process spectroscopy, agriculture, food and beverage, and gas sensing fields. It offers OEM sensors, application development kits, gas sensors, portable instruments, and SW development kits. The company serves moisture, polymers, hydrocarbons, CO2, APIs in pharma, beverages, and food composition applications. Spectral Engines Oy was founded in 2014 and is headquartered in Helsinki, Finland. As of May 3, 2018, Spectral Engines Oy operates as a subsidiary of m-u-t AG.

Klevu Oy

Seed Round in 2014
Klevu Oy is a self-learning search engine that helps online retailers turn visitors into customers. Its search for SMEs focuses on fast, relevant search with actionable insights into shoppers’ search and easy self-service integration. Klevu Oy’s enterprise edition provides natural language search with ease of catalog maintenance and insights into shopping experience. It is based in Helsinki, Southern Finland.

Haltian

Venture Round in 2018
Haltian Oy provides product development services and commercial Internet of Things (IoT) solutions. The company designs and develops imaging devices, IoT and mobile devices, and wearables. It also provides sensors, gateways, and a cloud server System-as a Service for smart spaces. The company was incorporated in 2012 and is based in Oulu, Finland.

Stravito AB

Seed Round in 2018
Stravito AB develops a software solution providing competitive intelligence for consumer packaged goods (CPG) companies. It develops a software tool that helps employees at consumer goods companies to find and share key market information and data points. The company was founded in 2017 and is based in Stockholm, Sweden.

Stravito AB

Seed Round in 2019
Stravito AB develops a software solution providing competitive intelligence for consumer packaged goods (CPG) companies. It develops a software tool that helps employees at consumer goods companies to find and share key market information and data points. The company was founded in 2017 and is based in Stockholm, Sweden.

ScanNano

Series A in 2010
Scannano is a privately-held company located and registared in Finland dedicated to the design and commercial development of a series of advanced Resonant Micro- Electro-Mechanical Systems devices (R-MEMS). Micro-Electro-Mechanical Systems, also known as micro-machines, are revolutionary devices based upon the integration of mechanical elements, sensors, actuators, and electronics on a common silicon chip. MEMS technology promises to benefit nearly every product category by bringing together silicon-based microelectronics with micromachining technology, to achieve the realization of complete "system-on-a-chip". The Company has developed unique, patented MEMS devices that are capable of detecting and measuring the presence and interaction of sub-atomic particles such as photons and electrons. In combination with a range of custom, task-specific software, the Scannano MEMS devices can perform their tasks with unequalled levels of speed, precision and reliability. Dr. Andrei Pavlov, President and Founder of ScanNanoTek announced further progress in its R&D Program, demonstrating the validity of its Deep Vacuum Gap Technology for the production of new MEMS devices. This follows ScanNanoTek's October 2, 2011 announcement about encouraging progress in a new R&D Program in which STMicroelectronics, for its CMOS technology expertise, is engaged.
Developing self-driving software, proprietary simulation tools and neural network acceleration hardware IP, AImotive is building an ecosystem to aid the deployment of automated driving. To catalyse industry collaboration our products are scalable, modular and hardware agnostic. We build on our team’s expertise in artificial intelligence, sensor fusion, 3D graphics and real-world automated driving workloads, to support partners in realizing their self-driving goals.