Lifeline Ventures

Lifeline Ventures Oy is a Helsinki-based venture capital firm founded in November 2009, focusing on early-stage investments in technology-driven sectors. The firm specializes in funding startups, particularly in healthcare, gaming, web-based platforms, and general high technology. Lifeline Ventures primarily targets investments within Finland, although it has made select investments in other Nordic countries. The firm typically invests between €0.5 million and €1 million, covering stages from inception to Series A. With a keen interest in innovative solutions, Lifeline Ventures aims to support emerging companies that demonstrate potential for growth and impact in their respective industries.

Timo Ahopelto

Co-Founder & Partner

Kai Bäckman

Advisor

Elina Holkko

CFO

Petteri Koponen

Co-Founder & Partner

Samuli Leppänen

Partner and Chief Financial Officer

Juha Lindfors

Partner

Past deals in Finland

Front AI

Seed Round in 2019
Front AI is a Helsinki-based company founded in 2019 that specializes in developing advanced customer service chatbots. The company focuses on serving industries such as finance, telecommunications, and insurance. By leveraging conversational AI technology, Front AI creates solutions that automate customer service interactions, allowing businesses to efficiently manage routine tasks without human intervention. Their platform is designed to understand various languages and dialects, enhancing the customer experience while providing enterprises with a reliable means to improve operational efficiency through automation.

Blok

Venture Round in 2018
Blok Enterprises Oy, based in Helsinki, Finland, is a digital real estate agent that operates an automated platform designed to streamline the property selling process. Established in 2016, Blok provides a cost-effective and efficient solution for apartment and house sales by handling various routine tasks such as property valuation, photography, marketing, and documentation. Utilizing artificial intelligence, the platform simplifies the selling experience, allowing sellers to manage viewings for potential buyers while Blok oversees the remaining aspects of the sale. This approach attracts a diverse clientele, including both traditional sellers who typically rely on brokers and those who prefer to sell independently.

Minima Processor

Seed Round in 2017
Minima Processor Oy specializes in developing technology solutions aimed at enhancing the energy efficiency of digital processors. Founded in 2016 and located in Oulu, Finland, the company offers process-agnostic semiconductor subsystems that can significantly improve energy efficiency, achieving up to 20 times better performance compared to traditional solutions. This improvement primarily stems from the implementation of ultra-low voltage operation and the elimination of timing margins, which further enhances efficiency at nominal operating voltages. Minima Processor's innovations find applications across various sectors, including consumer electronics, sensors, communication devices, medical applications, and computing systems, enabling clients to reduce voltage consumption while meeting their computational needs.

Maplet

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.

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.

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.

Grand Cru

Venture Round in 2011
Grand Cru Oy, established in 2011 and located in Helsinki, Finland, specializes in the development of mobile and social gaming experiences. Founded by six veterans of the Finnish game industry, the company aims to revolutionize gaming by providing tools that foster collaboration and creativity among players. Grand Cru's online gaming platform features multiplayer social games that allow users to connect and engage with one another in real-time, enhancing the overall gaming experience. The company's focus on quality and a strong team dynamic, built on mutual respect and trust, underpins its commitment to creating enjoyable and innovative games that invite participation from a broad audience.