Lifeline Ventures

Lifeline Ventures Oy is a venture capital firm specializing in angel, seed, startups, Series A, growth capital, and early stage investments. The firm seeks to invest in technology, financial technology, healthcare, games, online, web based, Internet, biotechnology, life sciences tools and services and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland.

Timo Ahopelto

Founding Partner

Kai Backman

Partner

EH

Elina Holkko

CFO

Petteri Koponen

Founding Partner

Samuli Leppänen

Partner and CFO

Juha Lindfors

Partner

138 past transactions

Stylewhile

Seed Round in 2013
Stylewhile creates next generation fashion shopping experience on mobile. With Stylewhile, users can try and buy outfits instead of just clothes. Based in Helsinki, Finland, Stylewhile targets the US apparel e-commerce with a strong team with backgrounds in games, e-commerce and apps. Stylewhile was launched on iOS in September 2013 together with Saks Fifth Avenue. The company is backed by Lifeline Ventures, Harwick Overseas and Reaktor Polte.

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™.

Synoste Oy

Venture Round in 2018
Synoste is a Finnish startup company that develops and will sell novel patient friendly medical solutions for treatment of skeletal deformities. The first target is a better device for the well known, but complication prone limb lengthening procedure, which is still extremely uncomfortable for the patient. Synoste utilizes smart materials and introduces a less painful and precisely controllable treatment device that lowers the complication rate and enables faster recovery to normal life.

TILT Biotherapeutics

Seed Round in 2016
TILT Biotherapeutics Ltd, a preclinical stage company, develops genetically modified oncolytic viruses that enhance T-cell therapies for cancer treatment. The company’s patented technology involves utilization of oncolytic viruses for enhancement of tumor T-cell therapy. The company develops TILT-123, TILT-234, and TILT-321 products. TILT Biotherapeutics Ltd was incorporated in 2013 and is based in Helsinki, Finland.

Aiven

Series B in 2020
Aiven is a data cloud providing the best managed, open source data infrastructure services to cover all of the needs of complex internet applications. Aiven's mission is to enable developers to focus on their core business and build great applications without worrying about software infrastructure through providing integrated solutions that will allow teams to build what they couldn't imagine before. Aiven has offices in Helsinki, Boston, Berlin and Sydney.

TILT Biotherapeutics

Venture Round in 2022
TILT Biotherapeutics Ltd, a preclinical stage company, develops genetically modified oncolytic viruses that enhance T-cell therapies for cancer treatment. The company’s patented technology involves utilization of oncolytic viruses for enhancement of tumor T-cell therapy. The company develops TILT-123, TILT-234, and TILT-321 products. TILT Biotherapeutics Ltd was incorporated in 2013 and is based in Helsinki, Finland.

AREX European Market Ltd.

Series A in 2021
AREX European Market Limited operates an invoice-financing platform that helps small and medium-sized business to sell their unpaid invoices and enhance their cash flow. Its platform enables users to automate various processes, such as credit ratings, collection and accounting, and the cost savings for participating companies and investors. The company was founded in 2014 and is headquartered in Dublin, Ireland.

Applifier

Seed Round in 2011
Applifier is a cross-promotion network for social games and applications. As of Aug 2010 Applifier reaches over 55 million MAU and works for over 100 social applications on Facebook. Applifier helps social applications grow by providing a portfolio of applications to cross-promote with. With Applifier users of a social application find other high quality applications to use. In turn the originating appklications gets new, viral users without spending any money.

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™.

Smartly.io

Series A in 2015
Smartly.io Inc. operates a SaaS platform that provides Facebook advertisement optimization tool for data savvy performance marketers. Its platform enables users to create and edit advertisements; and provides real time analytics and customized reports. The company was incorporated in 2013 and is based in Helsinki, Finland.

Maplet Oy

Seed Round in 2016
Maplet Oy designs and develops real-time interactive mapping solutions. The company offers Locator Map that shows your location on your website immediately; Field Sales Map, a tool that analyzes leads and also visualizes account descriptions, contact information, segmentation, and sales volumes on the map and also offers sales tracking services. It further offers custom solutions for individual businesses. The company was incorporated in 2012 and is based in Helsinki, Finland.

CardioX

Venture Round in 2013
Cardiox Corporation develops and offers systems that measure and monitor cardiac output, total circulating blood volume, and endogenous blood ammonia levels. The company was founded in 1996 and is based in Columbus, Ohio.

Dispelix Oy

Series B in 2021
Dispelix Oy designs and manufactures optical see-through near-to-the-eye displays technology for smart glasses. It offers DiSPEL, an optical see-through near-to-the-eye display that utilizes a lens-like light guide for transferring the virtual image into the user’s field of view. The company's DiSPEL displays are used in LCOS, LCD, LED, and laser image sources. Dispelix Oy was incorporated in 2015 and is based in Espoo, Finland.

Huuva

Pre Seed Round in 2021
Huuva is to scale delivery-friendly local restaurants easily while maintaining sustainable unit economics.

Digital Workforce

Venture Round in 2018
Digital Workforce was born when three experienced IT industry executives, Heikki, Jukka, and Mika discovered a problem. An average office worker spends half of their day navigating multiple IT systems, and the current plans for restructuring the systems are excessively expensive and time consuming. Too often, heavy information systems prevent the effective development of business processes.

BetterDoctor

Series A in 2014
BetterDoctor, Inc. develops web and mobile apps that let users to find the doctor. Its apps enables users to select what kind of doctor they are looking for, and pick their insurance plan and see a list of verified doctors. The company was founded in 2011 and is based in San Francisco, California. As of June 18, 2018, BetterDoctor, Inc. operates as a subsidiary of Quest Analytics, L.L.C.

bfound

Seed Round in 2016
bfound DMCC is a local search platform that helps small and medium businesses to be found online by their potential customers. The company was founded in 2015 and is based in Dubai, the United Arab Emirates.

True AI

Grant in 2017
True AI Limited operates as an artificial intelligence company that develops a software with a deep learning algorithm that automates customer service by learning to reply to customers automatically. The company offers chat management software services; and reply suggestions to customer service operators and various channels. True AI Limited was incorporated in 2015 and is based in London, United Kingdom.

Varjo Technologies

Series D in 2022
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Everywear Games

Venture Round in 2015
Metacore is a wearable game studio. The company was founded in 2014 by industry veterans from Remedy, Digital Chocolate and Rovio and it is the pioneer of smartwatch gaming. It’s award-winning Apple Watch launch title, Runeblade, has received worldwide recognition from press, fans and industry heavyweights and it’s games are consistently on top of global charts.

Blok

Venture Round in 2018
Blok, a Digital real estate agent and one of Finland's biggest startup sensations. Blok aims to make apartment and house sales more cheap and efficient through an automated service. Through its online platform, Blok takes care of most routine tasks related to apartment sales, such as valuation (where the AI comes in), photographing, marketing and handling of documents. The seller only has to arrange viewings for potential buyers. Blok has attracted both sellers who prefer brokers as well as those who would normally sell their own flats.

Kayzen

Seed Round in 2020
Kayzen powers the world’s best mobile marketing teams to take programmatic in-house. Built on the three key pillars of performance, transparency and control, Kayzen is a software platform which enables leading app developers, agencies and entrepreneurs to run programmatic user acquisition, retargeting and upper funnel campaigns in-house with an unprecedented scale of 60bn daily ad requests from 1bn+ unique users worldwide. Kayzen is accessible through its APIs or user interface and supports mobile video, playable / MRAID, native and banner ad campaigns.

Carbo Culture Oy

Seed Round in 2021
Carbo Culture Oy produces biochar for waste using carbon from atmosphere. The company uses carbon sequestration process to remove carbon dioxide from the atmosphere. It engages in upcycling orchard waste into biochar. The company’s biochar is used as remediation of contamination and for soil applications, such as helping the soil retain water and nutrients and provide a base for the soils microorganisms. The company was founded in 2016 and is based in Helsinki, Finland.

Front AI

Seed Round in 2019
Front AI is Conversational AI and 2nd Generation Service Bot startup based in Helsinki, Finland. The company is developing a solution that harnesses advanced chatbot and AI technology to enable the automation of customer service interactions.

callstats.io

Series A in 2016
The callstats.io SaaS product helps software developers quickly set up, build, and scale communications applications by monitoring and managing the performance of each endpoint in real-time. Founded in 2014 and based in Helsinki, Finland, callstats.io was named a Cool Vendor in Unified Communications by research firm Gartner. The callstats.io product integrates with various third-party SDKs and is incorporated into popular PaaS solutions, making it easy to add centralized call monitoring capability to a WebRTC application.

Ductor

Grant in 2015
Ductor is a Finnish biotechnology company with a unique portfolio of proprietary and patented technology for biologically producing ammonia and phosphates from recycled materials and a process that can be integrated into many applications such as algae farming to provide nutrients and energy. Ductor has reached its strategic milestone to start industrial-scale production to utilize its technology. Our first implementation will be an add-on to an existing biogas production facility to revolutionize biogas plant economics.

ŌURA

Venture Round in 2022
Oura is a pioneering sleep performance platform, focused on improving sleep that leads to a better life. The Oura Ring and app gives users daily feedback to improve their health, allowing users to better understand their body and reach their goals. Oura Health OyLtd. is a health technology company founded in Oulu, Finland in 2013. In 2018, the company received the Red Dot Awards for communications design and product design. Backed by world-class investors, leaders, champions, and creators, Oura Health is based in Oulu & Helsinki, Finland, and San Francisco, California.

Huuva

Seed Round in 2022
Huuva is to scale delivery-friendly local restaurants easily while maintaining sustainable unit economics.

Risk Ledger Ltd.

Seed Round in 2021
Risk Ledger Ltd. designs and develops a scalable security assurance platform. The company helps clients input the supplier security policy, and add the suppliers that they work with. It also automatically compares client security policies against the supplier’s security maturity, allowing assurance to be conducted across the entire supply chain. Risk Ledger Ltd. was founded in 2017 and is headquartered in Harrow, United Kingdom.

callstats.io

Seed Round in 2015
The callstats.io SaaS product helps software developers quickly set up, build, and scale communications applications by monitoring and managing the performance of each endpoint in real-time. Founded in 2014 and based in Helsinki, Finland, callstats.io was named a Cool Vendor in Unified Communications by research firm Gartner. The callstats.io product integrates with various third-party SDKs and is incorporated into popular PaaS solutions, making it easy to add centralized call monitoring capability to a WebRTC application.

Sooma

Seed Round in 2013
Sooma is developing a non-invasive brain stimulation device, a treatment option for major neurological and psychiatric disorders. Our products are used in over 100 clinics worldwide. Sooma is the first company to launch a medically approved home-based therapy for depression. Mental health. Digital health. Telemedicine.

Measur

Seed Round in 2021
Measurlabs provides testing and certification services. We make it incredibly easy to buy laboratory analyses for complicated materials and products. We combine the best methods from 250+ partner laboratories as one service.

Curious AI Oy

Venture Round in 2017
Deep good. Unsupervised better. The Curious AI Company is making the digital co-workers of the future. The Curious AI Company develops artificial general intelligence (AI). The company focuses on autonomous and interactive machine learning technologies. Building on more than two decades of work in bio-inspired AI by founder Harri Valpola, PhD, Curious AI delivers industrial pilot projects while building a long-term, complete AI deep tech portfolio.

ŌURA

Series C in 2021
Oura is a pioneering sleep performance platform, focused on improving sleep that leads to a better life. The Oura Ring and app gives users daily feedback to improve their health, allowing users to better understand their body and reach their goals. Oura Health OyLtd. is a health technology company founded in Oulu, Finland in 2013. In 2018, the company received the Red Dot Awards for communications design and product design. Backed by world-class investors, leaders, champions, and creators, Oura Health is based in Oulu & Helsinki, Finland, and San Francisco, California.

Ambronite

Seed Round in 2015
Ambronite is a provider of organic drinkable meal that fulfils daily nutrition recommendations in 2 minutes. Its aim is to make healthy eating easy for busy professionals, who care about their health and time. Ambronite has been featured in TIME Magazine, Forbes, Business Insider, and Wired. It recently got backed by over 800 individuals from over 30 countries in its crowdfunding campaign totaling over 100,000 U.S. dollars. The company was founded in 2013 and is based in Espoo, Finland.

KiteRa

Venture Round in 2019
KiteRa Co., Ltd. develops and operates regulation management SaaS solution KiteRa, that diagnosis, creates and publishes employment rules and internal rules on on the Web that support working style reform. The platform also navigate the response to revisions that accompany legal revisions. KiteRa Co., Ltd. was founded in 2019 and is based in Minato, Japan.

Flowrite Oy

Seed Round in 2021
Flowrite Oy develops an AI-powered browser extension writing product. The company’s product is used to modify peoples' everyday writing tasks by turning words into ready-to-send emails, messages, posts, and more; help people be more productive in everyday writing tasks; and turn sequences of words into written work while maintaining personal tone-of-voice. The company was incorporated in 2020 and is based in Helsinki, Finland.

HumanCharger

Angel Round in 2010
HumanCharger is a bright light therapy device that has a unique and patented mechanism of action which stimulates the photosensitive proteins on the surface of the brain using a calibrated white light that passes through the ear canals. Using the HumanCharger® for only 12 minutes a day can significantly increase your energy levels, improve mood and increase your mental alertness.

MakieLab

Seed Round in 2012
MakieLab is building social toys & games from the same dataset. They're taking 3D modelling for games, and 3D printing for manufacture, and building a pipeline to automatically produce both from a set of characters, furniture, or similar game and toy objects. Their first product is Makies, a new kind of future-smashing toy: customisable, 3D-printed, locally made, and game-enabled. Since Makies first launched in 2012, they've released two apps centering around super creative fashion play (Makies Doll Factory and Makies FabLab), launched Makies into Selfridges and Hamleys (London), won some lovely toy awards and shipped Makies to all four corners of the Earth.

Curious AI Oy

Convertible Note in 2016
Deep good. Unsupervised better. The Curious AI Company is making the digital co-workers of the future. The Curious AI Company develops artificial general intelligence (AI). The company focuses on autonomous and interactive machine learning technologies. Building on more than two decades of work in bio-inspired AI by founder Harri Valpola, PhD, Curious AI delivers industrial pilot projects while building a long-term, complete AI deep tech portfolio.

Dispelix Oy

Series A in 2018
Dispelix Oy designs and manufactures optical see-through near-to-the-eye displays technology for smart glasses. It offers DiSPEL, an optical see-through near-to-the-eye display that utilizes a lens-like light guide for transferring the virtual image into the user’s field of view. The company's DiSPEL displays are used in LCOS, LCD, LED, and laser image sources. Dispelix Oy was incorporated in 2015 and is based in Espoo, Finland.

Griffin Refineries

Venture Round in 2016
Developer of waste refining technologies designed to convert the energy content of the waste into a useful form.

Arctic Diagnostics

Venture Round in 2012
Arctic Diagnostics Ltd, a Turku, Finland-based manufacturer of a multianalyte point-of-care diagnostic system for respiratory tract infections.

Synoste Oy

Venture Round in 2013
Synoste is a Finnish startup company that develops and will sell novel patient friendly medical solutions for treatment of skeletal deformities. The first target is a better device for the well known, but complication prone limb lengthening procedure, which is still extremely uncomfortable for the patient. Synoste utilizes smart materials and introduces a less painful and precisely controllable treatment device that lowers the complication rate and enables faster recovery to normal life.

Airstone

Venture Round in 2013
Airstone is a developing a specialized IaaS offering for Big Data customers. The company has developed a proprietary networking fabric called Ultramarine that provides a significant price performance advantage over existing datacenter networking fabrics. Ultramarine offers the lowest latency and highest bandwidth per node on the market.

Mojiworks

Series A in 2017
Mojiworks pioneers ‘hypersocial’ games: designed social-first and distributed using instant-play technology to be played with friends and family on the largest chat and social apps across the world. Mojiworks’ development ethos is to help Mojiworkers do the best work of their careers through values of inclusivity, collaboration, and learning. Mojiworks strives to have an exceptionally progressive culture, receiving GamesIndustry.biz’s ‘Best Places To Work’ awards in 2018 and 2019, and winning the 2018 Diversity Award which recognises companies that encourage a diverse workforce in games. Based in Guildford UK and founded in 2016, Mojiworks is one of the highest-profile startups in the chat and instant games space. The founders have a previous exit in games through acquisition of Wonderland Software Limited by Zynga Inc. Mojiworks’ investors are among the most successful games VCs: Balderton Capital (BigFish, NaturalMotion, Wooga), Heartcore Capital (Seriously) and Lifeline Ventures (Supercell).

Supercell Oy

Series A in 2011
Supercell reimagines games with a Tablet First strategy. Supercell's goal is to build an environment where small, independent teams can craft games for as many people as possible, that are played for years and remembered forever. The company is best known for its successful video games like Clash Royale, Boom Beach, Clash of Clans, and Hay Day. Based in Helsinki, Finland, with North American operations in San Francisco, Supercell was formed by games industry veterans who have collectively developed more than 165 games across 12 platforms. Supercell is backed by Accel Partners and London Venture Partners (LVP). Supercell was founded in 2012.

Vizor.io

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

Enevo Oy

Seed Round in 2012
Enevo Oy develops the Enevo, an analytic software that collects and analyzes data points to measure waste and recycling generation. It provides a waste management analytics solution that uses ultrasonic sonar technology to detect fill levels for commercial clients, haulers, and cities. The company offers insights to clients handling waste contracts to streamline their waste management operations. It serves customers through resellers in the Netherlands, Belgium, Norway, and other countries in Europe. Enevo Oy was incorporated in 2010 and is headquartered in Espoo, Finland with additional offices in the United States, the United Kingdom, Germany, and Japan.

Uplause

Angel Round in 2012
Uplause Ltd. engages in developing and marketing social games for the audience. It provides the audience with interactive entertainment. The company was founded in 2009 and is based in Helsinki, Finland.

Sulapac Oy

Venture Round in 2019
Sulapac brings solutions to the global plastic waste problem with biodegradable packaging innovation. Sulapac combines luxury, sustainability, and unlimited design possibilities. Sulapac packages can be manufactured using injection molding, extrusion, and blow molding techniques. Sulapac has comparable properties to plastics and by using Sulapac barrier coatings water, oil, and oxygen barrier properties can be further improved.

Swappie

Seed Round in 2018
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™.

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.

HelixNano

Convertible Note in 2018
Helix Nanotechnologies uses artificial intelligence to help cure genetic diseases. HelixNano is a Y Combinator and venture backed biotech startup. At HelixNano, we have spent the last two years developing cancer vaccines. Now we are adapting our synthetic biology arsenal to take on COVID-19. We’re moving fast but thinking long-term. We’re already testing COVID-19 vaccine candidates designed to be precise and safe. Our next goal is to create a vaccine that protects everyone not only from this virus, but all future coronaviruses.

OneMind Dogs

Seed Round in 2015
OneMind Dogs Ltd. provides a dog coaching methodology based on the natural behavior of dogs and silent communication. It coaches dog handlers to understand a dog’s natural behavior, as well as enhance the mutual understanding between the handler and the dog. The company’s coaching methodology is based on techniques, such as movement, positioning, contact with the dog, chest laser points, legs, hands, and voice. It also conducts agility seminars and workshops in Finland and internationally. In addition, the company sells apparel and accessories for men and women through its online store. OneMind Dogs Ltd. was founded in 2012 and is headquartered in Turku, Finland.

Precise.ly, Inc.

Seed Round in 2015
At Precise.ly, the company believes in the power of personal data and that it should be owned and controlled by you. We will never intentionally expose it, share it, or sell it without your explicit consent. We are the stewards of your data—we’ll hold it securely for you but also make it easy to share, when you’re ready. We’re excited to take this journey of personal discovery together.

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.

Varjo Technologies

Series A in 2017
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Moves

Seed Round in 2013
Social media has always been about connecting people to people. Here at Moves, we believe in connecting people to communities. And through communities, creating more meaningful connections with a common interest. Moves provides a new way to interact communities. Users take pictures and videos through the app. Then submit it to a community stream. The community then votes on the submission. Depending on the popularity, it stays or leaves the stream. As a result, Moves provides a stream of content that is 100% community curated and always relevant.

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.

Optomeditech Oy

Venture Round in 2014
Optomeditech Oy was founded in June 2011, to develop and market products in the area of Intravenous Catheters and Blood Collection Needles. Currently the company is working on securing the CE mark and FDA 510(k) approval for its first IV catheter product and is planning on entering the market during the first half of 2015.

AREX European Market Ltd.

Venture Round in 2016
AREX European Market Limited operates an invoice-financing platform that helps small and medium-sized business to sell their unpaid invoices and enhance their cash flow. Its platform enables users to automate various processes, such as credit ratings, collection and accounting, and the cost savings for participating companies and investors. The company was founded in 2014 and is headquartered in Dublin, Ireland.

Akkurate

Convertible Note in 2020
They are a nimble and independent startup company whose team has a broad experience in battery production chain, battery development and lifecycle management. They are a bunch of passionate professionals with an attitude combining international self-confidence and Finnish work ethic. As battery technology advances to new applications their know-how and solutions provide predictability which will enable you to take care of your most valuable investment.

Enevo Oy

Series A in 2014
Enevo Oy develops the Enevo, an analytic software that collects and analyzes data points to measure waste and recycling generation. It provides a waste management analytics solution that uses ultrasonic sonar technology to detect fill levels for commercial clients, haulers, and cities. The company offers insights to clients handling waste contracts to streamline their waste management operations. It serves customers through resellers in the Netherlands, Belgium, Norway, and other countries in Europe. Enevo Oy was incorporated in 2010 and is headquartered in Espoo, Finland with additional offices in the United States, the United Kingdom, Germany, and Japan.

MediSapiens

Seed Round in 2010
MediSapiens is the world’s first software company for personalized cancer medicine in oncology clinics and new drug development. Company’s bioinformatics science and peer-reviewed data is based on the research since 2005 by VTT, Technical Research Centre of Finland and its collaborators. Company's online genomics data enables scientists to understand the role of human genes in health and disease – helping oncologists in choosing optimal treatments and biopharmaceutical companies in developing next generation personalized medicines.

Mojiworks

Seed Round in 2016
Mojiworks pioneers ‘hypersocial’ games: designed social-first and distributed using instant-play technology to be played with friends and family on the largest chat and social apps across the world. Mojiworks’ development ethos is to help Mojiworkers do the best work of their careers through values of inclusivity, collaboration, and learning. Mojiworks strives to have an exceptionally progressive culture, receiving GamesIndustry.biz’s ‘Best Places To Work’ awards in 2018 and 2019, and winning the 2018 Diversity Award which recognises companies that encourage a diverse workforce in games. Based in Guildford UK and founded in 2016, Mojiworks is one of the highest-profile startups in the chat and instant games space. The founders have a previous exit in games through acquisition of Wonderland Software Limited by Zynga Inc. Mojiworks’ investors are among the most successful games VCs: Balderton Capital (BigFish, NaturalMotion, Wooga), Heartcore Capital (Seriously) and Lifeline Ventures (Supercell).

Everywear Games

Seed Round in 2015
Metacore is a wearable game studio. The company was founded in 2014 by industry veterans from Remedy, Digital Chocolate and Rovio and it is the pioneer of smartwatch gaming. It’s award-winning Apple Watch launch title, Runeblade, has received worldwide recognition from press, fans and industry heavyweights and it’s games are consistently on top of global charts.

Peak

Seed Round in 2013
Brainbow (now Peak) was founded in 2012 by a Physics PhD and Amazon, EA/Playfish and Google alumni. The company's mission is to reinvent how they consume and ‘play’ with knowledge - making it a more enjoyable experience and building healthy habits. Peak is brain training redesigned for the mobile you. Improve your cognitive skills and build healthy training habits with fun but challenging games, goals and workouts

ProtoGeo

Seed Round in 2013
ProtoGeo Oy is a Finnish startup that develops the mobile app Moves.

Carbo Culture Oy

Seed Round in 2018
Carbo Culture Oy produces biochar for waste using carbon from atmosphere. The company uses carbon sequestration process to remove carbon dioxide from the atmosphere. It engages in upcycling orchard waste into biochar. The company’s biochar is used as remediation of contamination and for soil applications, such as helping the soil retain water and nutrients and provide a base for the soils microorganisms. The company was founded in 2016 and is based in Helsinki, Finland.

CardioX

Series C in 2011
Cardiox Corporation develops and offers systems that measure and monitor cardiac output, total circulating blood volume, and endogenous blood ammonia levels. The company was founded in 1996 and is based in Columbus, Ohio.

RFRSH Entertainment

Venture Round in 2017
RFRSH Entertainment is an esports marketing and media rights company working with a growing number of the best esports teams - established organisations as well as a new crop of player-owned teams. We are the professional force behind the teams that builds their brand and enhances sports performance to accel teams into top placements. They represent the team’s commercial and media rights, connecting them with the top brands in the world for sponsorships and marketing agreements.

Solar Foods Oy

Venture Round in 2018
The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent on agriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.

Oddshot Inc.

Seed Round in 2016
Oddshot Inc. owns and operates a platform for video downloading and streaming. The company was founded in 2015 and is based in Greenwood Village, Colorado.

Shapr3D

Venture Round in 2017
Shapr3D is a 3D modeling app for the iPad Pro that brings a revolutionary 3D modeling experience. It provides a precise way to create 3D models. Shapr3D is a free app. All modeling tools are included in the app. Users will pay only when they need to transfer models to other software. The app is perfect for engineers, industrial designers, jewelry makers, 3D hobbyists, architects, regardless of their level of experience. Shapr3D was launched on 2015 and is headquartered in Budapest, Hungary.

Wolt

Series C in 2019
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.

Grand Cru Oy

Venture Round in 2011
Grand Cru Oy develops computer games. The company was incorporated in 2011 and is based in Helsinki, Finland.

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.

Grey Area

Seed Round in 2010
Grey Area creates category defining gaming experiences for mobile and tablet devices. Grey Area is one of the top 20 app companies in the world by Flurry, among the top 20 European tech startups on GigaOM Euro 20 list, and in 2012 Grey Area was chosen as one of the Europe's 100 Hottest Startups by Wired Magazine.

Zyptonite, Inc.

Series A in 2016
Zyptonite provides high quality mobile and desktop video and audio communication through pure peer-to-peer architecture. It works more robustly than Skype and other applications relying on traffic passed through servers. Unlike our competition, our calls won't disconnect even at 0kbps making it ideal for mobile users on spotty networks. As there are no servers, all communication remains strictly between the participants - third party marketing and other data collection is not possible.

Varjo Technologies

Series C in 2020
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

TrademarkNow

Series A in 2014
TrademarkNow™ is a product of Onomatics Inc., a legal technology powerhouse specializing in intellectual property law. With decades of experience to draw from, TrademarkNow is comprised of seasoned professionals in both the software industry and intellectual property law.

Enevo Oy

Series C in 2017
Enevo Oy develops the Enevo, an analytic software that collects and analyzes data points to measure waste and recycling generation. It provides a waste management analytics solution that uses ultrasonic sonar technology to detect fill levels for commercial clients, haulers, and cities. The company offers insights to clients handling waste contracts to streamline their waste management operations. It serves customers through resellers in the Netherlands, Belgium, Norway, and other countries in Europe. Enevo Oy was incorporated in 2010 and is headquartered in Espoo, Finland with additional offices in the United States, the United Kingdom, Germany, and Japan.

Curious AI Oy

Seed Round in 2015
Deep good. Unsupervised better. The Curious AI Company is making the digital co-workers of the future. The Curious AI Company develops artificial general intelligence (AI). The company focuses on autonomous and interactive machine learning technologies. Building on more than two decades of work in bio-inspired AI by founder Harri Valpola, PhD, Curious AI delivers industrial pilot projects while building a long-term, complete AI deep tech portfolio.

Aiven

Seed Round in 2017
Aiven is a data cloud providing the best managed, open source data infrastructure services to cover all of the needs of complex internet applications. Aiven's mission is to enable developers to focus on their core business and build great applications without worrying about software infrastructure through providing integrated solutions that will allow teams to build what they couldn't imagine before. Aiven has offices in Helsinki, Boston, Berlin and Sydney.

ZenRobotics Ltd.

Series A in 2012
ZenRobotics, founded in 2007, is a Finnish high-tech company specializing in robotic recycling technology. The company’s main product is ZenRobotics Recycler, a waste sorting system which separates raw materials from waste. ZenRobotics Recycler is the world’s first robotic waste sorting system. The robots accurately separate chosen waste fractions from solid waste streams. Designed to increase the efficiency and lower the cost of waste separation, ZRR is the next generation of recycling.

School Day

Seed Round in 2020
AI-enhanced School Wellbeing Solution for K12 Education. Making school wellbeing a natural part of every school day and removing all barriers from learning. Provides a safe, simple and real-time channel and voice for students and teachers in their wellbeing. Analytics and insights making wellbeing phenomena visible early on for actionable light touch classroom interventions. Learning doesn’t happen without wellbeing.

Aiven

Series A in 2019
Aiven is a data cloud providing the best managed, open source data infrastructure services to cover all of the needs of complex internet applications. Aiven's mission is to enable developers to focus on their core business and build great applications without worrying about software infrastructure through providing integrated solutions that will allow teams to build what they couldn't imagine before. Aiven has offices in Helsinki, Boston, Berlin and Sydney.

Stylewhile

Venture Round in 2014
Stylewhile creates next generation fashion shopping experience on mobile. With Stylewhile, users can try and buy outfits instead of just clothes. Based in Helsinki, Finland, Stylewhile targets the US apparel e-commerce with a strong team with backgrounds in games, e-commerce and apps. Stylewhile was launched on iOS in September 2013 together with Saks Fifth Avenue. The company is backed by Lifeline Ventures, Harwick Overseas and Reaktor Polte.

Flowrite Oy

Pre Seed Round in 2020
Flowrite Oy develops an AI-powered browser extension writing product. The company’s product is used to modify peoples' everyday writing tasks by turning words into ready-to-send emails, messages, posts, and more; help people be more productive in everyday writing tasks; and turn sequences of words into written work while maintaining personal tone-of-voice. The company was incorporated in 2020 and is based in Helsinki, Finland.

BetterDoctor

Series B in 2017
BetterDoctor, Inc. develops web and mobile apps that let users to find the doctor. Its apps enables users to select what kind of doctor they are looking for, and pick their insurance plan and see a list of verified doctors. The company was founded in 2011 and is based in San Francisco, California. As of June 18, 2018, BetterDoctor, Inc. operates as a subsidiary of Quest Analytics, L.L.C.

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™.

Enevo Oy

Series B in 2015
Enevo Oy develops the Enevo, an analytic software that collects and analyzes data points to measure waste and recycling generation. It provides a waste management analytics solution that uses ultrasonic sonar technology to detect fill levels for commercial clients, haulers, and cities. The company offers insights to clients handling waste contracts to streamline their waste management operations. It serves customers through resellers in the Netherlands, Belgium, Norway, and other countries in Europe. Enevo Oy was incorporated in 2010 and is headquartered in Espoo, Finland with additional offices in the United States, the United Kingdom, Germany, and Japan.

Nonstop Games

Seed Round in 2013
Nonstop Games makes games for gamers across tablet and mobile platforms. It was founded in 2011 by a versatile team of industry veterans who have launched over 50 titles across mobile, Facebook, PC, and console platforms. Nonstop Games has offices in Finland, Singapore and San Francisco, and is backed by Creandum and Lifeline Ventures.

HumanCharger

Series A in 2013
HumanCharger is a bright light therapy device that has a unique and patented mechanism of action which stimulates the photosensitive proteins on the surface of the brain using a calibrated white light that passes through the ear canals. Using the HumanCharger® for only 12 minutes a day can significantly increase your energy levels, improve mood and increase your mental alertness.

Digital Workforce

Venture Round in 2017
Digital Workforce was born when three experienced IT industry executives, Heikki, Jukka, and Mika discovered a problem. An average office worker spends half of their day navigating multiple IT systems, and the current plans for restructuring the systems are excessively expensive and time consuming. Too often, heavy information systems prevent the effective development of business processes.

Akkurate

Seed Round in 2016
They are a nimble and independent startup company whose team has a broad experience in battery production chain, battery development and lifecycle management. They are a bunch of passionate professionals with an attitude combining international self-confidence and Finnish work ethic. As battery technology advances to new applications their know-how and solutions provide predictability which will enable you to take care of your most valuable investment.

Meru Health, Inc.

Seed Round in 2019
Meru Health, Inc. develops an application that connects patients to licensed therapists for a 12-week program to treat people experiencing stress, depression, anxiety, and other mental health issues. The company provides a licensed-clinician-supported, mobile phone-based digital therapeutic program for depression and anxiety. The company was founded in 2016 and is based in San Mateo, California. It has additional offices in Palo Alto, California and Helsinki, Finland.

School Day

Seed Round in 2018
AI-enhanced School Wellbeing Solution for K12 Education. Making school wellbeing a natural part of every school day and removing all barriers from learning. Provides a safe, simple and real-time channel and voice for students and teachers in their wellbeing. Analytics and insights making wellbeing phenomena visible early on for actionable light touch classroom interventions. Learning doesn’t happen without wellbeing.

Sulapac Oy

Seed Round in 2017
Sulapac brings solutions to the global plastic waste problem with biodegradable packaging innovation. Sulapac combines luxury, sustainability, and unlimited design possibilities. Sulapac packages can be manufactured using injection molding, extrusion, and blow molding techniques. Sulapac has comparable properties to plastics and by using Sulapac barrier coatings water, oil, and oxygen barrier properties can be further improved.

Shapr3D

Series A in 2019
Shapr3D is a 3D modeling app for the iPad Pro that brings a revolutionary 3D modeling experience. It provides a precise way to create 3D models. Shapr3D is a free app. All modeling tools are included in the app. Users will pay only when they need to transfer models to other software. The app is perfect for engineers, industrial designers, jewelry makers, 3D hobbyists, architects, regardless of their level of experience. Shapr3D was launched on 2015 and is headquartered in Budapest, Hungary.

ReceiptHero

Seed Round in 2020
ReceiptHero Oy designs and develops digital receipt system for automatically delivery of receipts from merchants, point of sale terminals, and banks to the consumers banking and accounting apps. The company also provides app developers with infrastructure and tools to create new products. The company was founded in 2018 and is based in Tampere, Finland.

Minima Processor

Seed Round in 2017
Minima Processor Oy develops semiconductor process agnostic technology solutions that enable energy efficiency improvement of digital processors. Its solutions are used in consumer electronics, sensors, communication devices, medical applications, and computing devices and systems. The company was founded in 2016 and is based in Oulu, Finland.

Dispelix Oy

Seed Round in 2016
Dispelix Oy designs and manufactures optical see-through near-to-the-eye displays technology for smart glasses. It offers DiSPEL, an optical see-through near-to-the-eye display that utilizes a lens-like light guide for transferring the virtual image into the user’s field of view. The company's DiSPEL displays are used in LCOS, LCD, LED, and laser image sources. Dispelix Oy was incorporated in 2015 and is based in Espoo, Finland.

Umbra

Series A in 2015
Umbra a Toronto-based homeware design company born over 30 years ago when graphic designer, Paul Rowan, couldn’t find a nice window shade to hang in his apartment window. So, he made one and people liked it. He soon teamed up with childhood friend, Les Mandelbaum, and Umbra (in Latin, “shade”) was born. Les and Paul began reimagining everyday items into modern ware. Today, Umbra is recognized all over the world for bringing intelligent design to everyday items. An in-house team of international designers allows us to come up with original design that speaks universally and personally to a broad customer base. The journey that started in Toronto continues—our designs can be found in over 120 countries.

Varjo Technologies

Series B in 2018
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Altum Technologies

Series A in 2018
Altum Technology Oy focuses on power ultrasound to remove fouling from industrial equipment. The company designs and develops six devices for specialized equipment such as filters, heat exchangers, pipes, reactors, cooling towers, and tanks. The company caters to mining, paper, oil and gas, and chemical production industries. Altum Technology Oy was founded in 2016 and is headquartered in Helsinki, Finland.

Sharetribe

Seed Round in 2014
Sharetribe is the easiest way to create your own peer-to-peer marketplace website in the spirit of Airbnb, Fiverr or Etsy. In Sharetribe marketplaces, the members can rent or sell products, services or spaces to each other. Our platform enables anyone to create such a site without coding skills. Setting the site up is super easy and only takes a couple of minutes. The Sharetribe platform powers numerous marketplaces in 15 countries. Our mission is to make it accessible and affordable for anyone around the world to create their own marketplace site.

Stylewhile

Angel Round in 2012
Stylewhile creates next generation fashion shopping experience on mobile. With Stylewhile, users can try and buy outfits instead of just clothes. Based in Helsinki, Finland, Stylewhile targets the US apparel e-commerce with a strong team with backgrounds in games, e-commerce and apps. Stylewhile was launched on iOS in September 2013 together with Saks Fifth Avenue. The company is backed by Lifeline Ventures, Harwick Overseas and Reaktor Polte.

Altum Technologies

Seed Round in 2016
Altum Technology Oy focuses on power ultrasound to remove fouling from industrial equipment. The company designs and develops six devices for specialized equipment such as filters, heat exchangers, pipes, reactors, cooling towers, and tanks. The company caters to mining, paper, oil and gas, and chemical production industries. Altum Technology Oy was founded in 2016 and is headquartered in Helsinki, Finland.

ArcDia

Venture Round in 2016
The mariPOC® test system allows a multi-analytical result from one patient sample with one analysis. The test system provides central laboratory-level accuracy for patient-centered diagnostics. The reliability of the results is verified by automatic testing of the test system.

ŌURA

Seed Round in 2015
Oura is a pioneering sleep performance platform, focused on improving sleep that leads to a better life. The Oura Ring and app gives users daily feedback to improve their health, allowing users to better understand their body and reach their goals. Oura Health OyLtd. is a health technology company founded in Oulu, Finland in 2013. In 2018, the company received the Red Dot Awards for communications design and product design. Backed by world-class investors, leaders, champions, and creators, Oura Health is based in Oulu & Helsinki, Finland, and San Francisco, California.

Solar Foods Oy

Series A in 2020
The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent on agriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.

Applifier

Series B in 2012
Applifier is a cross-promotion network for social games and applications. As of Aug 2010 Applifier reaches over 55 million MAU and works for over 100 social applications on Facebook. Applifier helps social applications grow by providing a portfolio of applications to cross-promote with. With Applifier users of a social application find other high quality applications to use. In turn the originating appklications gets new, viral users without spending any money.

Fractal Labs Limited

Seed Round in 2015
Fractal Labs Limited designs and develops AI-powered fintech platform which powers smart SME banking. It enables the financial services providers to access real-time SME data which can be used to make decision risk, receive cash flow insights to track performance, and engage with their SME clients by automatically delivering targeted products and solutions. The company was founded in 2014 and is headquartered in London, United Kingdom.

Sudden Coffee

Angel Round in 2016
Sudden Coffee is an online retail store that sells instant coffee powder. The company operates an online platform that enables individuals to subscribe a package of a variety of hand-crafted coffee including hot coffee, hot latte, iced coffee, and iced latte. Sudden Coffee was founded by Joshua Zloof and Kalle Freese in 2015 and is based in San Francisco, California.

Meru Health, Inc.

Seed Round in 2016
Meru Health, Inc. develops an application that connects patients to licensed therapists for a 12-week program to treat people experiencing stress, depression, anxiety, and other mental health issues. The company provides a licensed-clinician-supported, mobile phone-based digital therapeutic program for depression and anxiety. The company was founded in 2016 and is based in San Mateo, California. It has additional offices in Palo Alto, California and Helsinki, Finland.

Sudden Coffee

Seed Round in 2016
Sudden Coffee is an online retail store that sells instant coffee powder. The company operates an online platform that enables individuals to subscribe a package of a variety of hand-crafted coffee including hot coffee, hot latte, iced coffee, and iced latte. Sudden Coffee was founded by Joshua Zloof and Kalle Freese in 2015 and is based in San Francisco, California.

BetterDoctor

Seed Round in 2013
BetterDoctor, Inc. develops web and mobile apps that let users to find the doctor. Its apps enables users to select what kind of doctor they are looking for, and pick their insurance plan and see a list of verified doctors. The company was founded in 2011 and is based in San Francisco, California. As of June 18, 2018, BetterDoctor, Inc. operates as a subsidiary of Quest Analytics, L.L.C.

Akkurate

Venture Round in 2018
They are a nimble and independent startup company whose team has a broad experience in battery production chain, battery development and lifecycle management. They are a bunch of passionate professionals with an attitude combining international self-confidence and Finnish work ethic. As battery technology advances to new applications their know-how and solutions provide predictability which will enable you to take care of your most valuable investment.

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.

Playmysong Ltd.

Seed Round in 2012
The Playmysong mobile app works as your remote control for music in Playmysong powered parties and venues. With their app, you can also pick the best bar in your area based on its music selection. Their users can also launch their own social jukeboxes in their house-parties and homes with the Playmysong Spotify app. For professional venues they offer the Playmysong Pro app for $39/month. Playmysong is used by a growing number of bars, cafés, hotels and parties around the world. So far over 37000 locations have used the Playmysong jukebox and it is only getting started.

Enevo Oy

Seed Round in 2013
Enevo Oy develops the Enevo, an analytic software that collects and analyzes data points to measure waste and recycling generation. It provides a waste management analytics solution that uses ultrasonic sonar technology to detect fill levels for commercial clients, haulers, and cities. The company offers insights to clients handling waste contracts to streamline their waste management operations. It serves customers through resellers in the Netherlands, Belgium, Norway, and other countries in Europe. Enevo Oy was incorporated in 2010 and is headquartered in Espoo, Finland with additional offices in the United States, the United Kingdom, Germany, and Japan.

ICEYE Oy

Series A in 2017
ICEYE Oy provides real-time access to imagery through optical imaging technology. It enables users to monitor illegal fishing, oil spills, storm damage, and forest growth; monitor crops growth, storm damages, and pest movements; map other planets for resources and ensure exploration safety; monitor flood damage, receive real-time mapping for aid activities, and conduct maritine search and rescue; and monitor port or storage activity, monitor sea ice and icebergs, track pirate vessels, and view highway activity. The company was founded in 2014 and is based in Espoo, Finland.

ICEYE Oy

Series A in 2015
ICEYE Oy provides real-time access to imagery through optical imaging technology. It enables users to monitor illegal fishing, oil spills, storm damage, and forest growth; monitor crops growth, storm damages, and pest movements; map other planets for resources and ensure exploration safety; monitor flood damage, receive real-time mapping for aid activities, and conduct maritine search and rescue; and monitor port or storage activity, monitor sea ice and icebergs, track pirate vessels, and view highway activity. The company was founded in 2014 and is based in Espoo, Finland.

Synoste Oy

Series A in 2015
Synoste is a Finnish startup company that develops and will sell novel patient friendly medical solutions for treatment of skeletal deformities. The first target is a better device for the well known, but complication prone limb lengthening procedure, which is still extremely uncomfortable for the patient. Synoste utilizes smart materials and introduces a less painful and precisely controllable treatment device that lowers the complication rate and enables faster recovery to normal life.

Cooler Future 1.5 GmbH

Venture Round in 2020
Cooler Future's mission is to create positive climate impact by investing in assets from companies that are actively reducing their carbon footprint. With Cooler Future’s intuitive, easy-to-use mobile app, anyone can track the CO2e impact of each euro invested, while generating financial returns at the same time.

Kontena

Seed Round in 2016
Kontena, Inc. provides Kontena, a container and microservices cloud platform for developers. It simplifies workflows for managing container based applications. The company was founded in 2015 and is based in Helsinki, Finland with additional offices in New York and Silicon Valley. As of February 25, 2020, Kontena, Inc. operates as a subsidiary of Mirantis, Inc.