Butterfly

Butterfly Ventures is a venture capital firm based in Oulu, Finland, with additional offices in Helsinki and Stockholm. Established in 2012, it specializes in seed-stage investments, primarily in the Nordic region. The firm focuses on a diverse range of sectors, including technology, entertainment, health, marketing, education, cleantech, telecom, mobile, deep tech, and hardware interfacing software. Butterfly Ventures is known for its early-stage approach, often investing in companies that have yet to generate revenue, with approximately 80% of its portfolio companies falling into this category. Its active involvement in the early-stage investment landscape has established Butterfly Ventures as a prominent player in the region.

Matti Kanninen

Co-Founder & Managing Partner

Tanya Marvin-Horowitz

Partner

Juho Risku

Co-Founder, Partner

63 past transactions

Naava

Funding Round in 2022
Naava reconnects humanity with nature. Future technology embracing millions of years of natural innovation and design lies behind the smartest green walls on the planet. At Naava, we want to help people feel better, healthier and more productive. The environment where we live, learn, and work is important for us. After all, we spend well over 90% of our time in indoors, breathing synthetic, man-made air a thousand times every hour. By 2025 a billion people can choose to breathe Nordic forest air. Everywhere. Naava brings nature inside, everywhere. We allow people to experience nature in the midst of the urban environment. Our brand promise can be explained in one word: breathe.

Uute Scientific Oy

Funding Round in 2022
Uute Scientific Oy is a biotechnology company that offers its products available to families with young children through several standard consumer products. Uute Scientific Oy was founded in 2019 and headquartered in Southern Finland, Finland.

SpinDrive

Series A in 2021
Spindrive creates customized levitation technology pushing energy efficiency to the maximum level and promoting oil-free solutions.

Geyser Batteries

Funding Round in 2021
Geyser Batteries Oy develops and manufactures novel high-power ultra-durable batteries capable of withstanding millions of cycles of ultra-fast (seconds) charge and discharge. This novel type of batteries is environmentally safe in production, use and disposal and requires zero maintenance. It is fire safe and works even at -60C. Geyser batteries’ products are ideally suited for all applications where fast and efficient charging is critical, as well as the tasks where reliability and safety are your prime concerns.

GBuilder

Venture Round in 2021
GBuilder Ltd. develops Building information modeling (BIM) based software for developers and construction workers. The company’s software digitalizes the homebuyer’s customer journey from the first contact to sales, material optionality, home configuration the building process, and after-sales period. The company was founded in 2012 and is headquartered in Oulu, Finland.

Natufia

Series A in 2021
Natufia Labs PLC provides hydroponic equipment that automatically grows nutritious assortment of fresh plants and herbs in households and restaurant kitchens. The company offers kitchen garden equipment, organic plant seeds, microgreens seeds, and accessories, such as ceramic cups, measurement test kits, harvesting displays, replacement LEDs, and hydroponic gardening literature. It serves chefs, hotels, lounges and bars, spas and nutrition centers, designers and architects, distributors, and retail sectors. It sells its products online. The company was founded in 2014 and is based in Tallinn, Estonia.

Powder

Seed Round in 2020
Powder is based in Finland.

Uute Scientific Oy

Pre Seed Round in 2020
Uute Scientific Oy is a biotechnology company that offers its products available to families with young children through several standard consumer products. Uute Scientific Oy was founded in 2019 and headquartered in Southern Finland, Finland.

Embedl AB

Seed Round in 2020
EmbeDL operates as a software company. EmbedlOpt Research and Technology AB is a spin-off from a collaborative research project on low energy computing.

Asthmatuner

Venture Round in 2020
MediTuner AB, founded in 2014 and based in Stockholm, Sweden, has developed the AsthmaTuner app, a clinically validated digital solution designed to empower asthma patients in managing their condition. The app connects to a spirometer, allowing users to measure their asthma levels and receive personalized treatment recommendations based on international guidelines. This system aims to simplify asthma management for patients and improve efficiency for healthcare providers, enabling users to take control of their treatment and make informed decisions about their care.

3AWater

Pre Seed Round in 2020
3AWater develops innovative technology aimed at minimizing environmental risks in mining operations. The company has created a portable water analysis device that measures metal content in water on-site and in real-time. This device is designed to be affordable and user-friendly, providing quick assessments of multiple metals simultaneously. By bringing metal analysis capabilities from laboratories to the field, 3AWater enables clients to evaluate the condition of lakes and rivers, oversee water purification processes, and ensure the safety of drinking water.

Taika3D Oy

Pre Seed Round in 2019
Taika3D was born out of the challenge to create complex custom designs in a fast and consistent way. The technology has been used to allow Orthotic and Prosthetic Laboratories to employ the design freedom of 3D print for mass customisation. But the applications do not stop there. The technology can be used to automate 3D design for milled products, for modular product creation and even for accurate matching and modification of standard devices. *Reduce design time by 95%+ *Protect the knowhow and skills of your team *Reduce errors and returns *Create a scalable production system *Realtime design review *Consistent designs for complex challenges *Simplify your process *Open up the power of 3D print

Revonte

Seed Round in 2019
Revonte Ltd. specializes in manufacturing advanced drive systems for electric bicycles. Founded in 2016 and based in Tampere, Finland, the company offers a unique solution that enhances the capabilities of e-bike manufacturers across various categories. Revonte's drive systems feature automatic transmission, ergonomic design, a flexible controller, and high-capacity batteries, all of which can be customized via a mobile application to meet specific retailer needs. The technology integrates Internet of Things (IoT) capabilities, allowing for remote diagnostics and over-the-air updates, which improve both the user experience and after-sale services. Through its innovative approach, Revonte aims to revolutionize the e-bike industry by providing manufacturers with greater flexibility and enhanced performance options.

Intelecy

Seed Round in 2019
Intelecy is a Norwegian technology company that specializes in providing machine learning solutions for various industries, focusing on the manufacturing and processing sectors. The company offers tools designed to analyze production data, enabling clients to prevent equipment breakdowns, predict failures, and enhance production processes. With over 20 years of experience in automation, SCADA, MES, and industrial IT, Intelecy recognizes that many factories are not fully utilizing the benefits of machine learning, thus aiming to bridge this gap by delivering deep insights into operational performance.

Xfold Imaging

Pre Seed Round in 2019
Xfold Imaging specializes in developing advanced imaging solutions that significantly enhance biomedical research capabilities. The company focuses on manufacturing customized nano-structured glass slides that utilize surface-enhanced bioimaging technology, offering up to a 100-fold increase in signal enhancement for microscopic imaging. These innovative slides enable researchers to study cellular structures and biomolecules, such as fats, lipids, and proteins, at resolutions previously unattainable. By integrating Xfold's slides with existing microscopy equipment, healthcare and research organizations can achieve super-resolution imaging, facilitating advancements in early diagnosis, drug development, and overall biomedical research.

SpinDrive

Pre Seed Round in 2019
Spindrive creates customized levitation technology pushing energy efficiency to the maximum level and promoting oil-free solutions.

Hypermemo

Seed Round in 2019
The maker of the all-in-one GLAZER technology for laser glass processing. GLAZER is redefining glass cutting, chamfering, smart glass surface treatment, chamfering, edge deletion, marking and engraving. All these operations are now performed with the single GLAZER laser tool on a single table. No chips, no liquids, no abrasive powder, no washing. Our unfair advantage is in the gas laser with high-frequency, short pulses – they cut glass much better than other lasers on the market, and therefore compete with mechanical processing in the broad market

Revonte

Seed Round in 2019
Revonte Ltd. specializes in manufacturing advanced drive systems for electric bicycles. Founded in 2016 and based in Tampere, Finland, the company offers a unique solution that enhances the capabilities of e-bike manufacturers across various categories. Revonte's drive systems feature automatic transmission, ergonomic design, a flexible controller, and high-capacity batteries, all of which can be customized via a mobile application to meet specific retailer needs. The technology integrates Internet of Things (IoT) capabilities, allowing for remote diagnostics and over-the-air updates, which improve both the user experience and after-sale services. Through its innovative approach, Revonte aims to revolutionize the e-bike industry by providing manufacturers with greater flexibility and enhanced performance options.

IPDx

Seed Round in 2018
Unlock the immune system

Think Outside

Venture Round in 2018
Think Outside AS manufactures real time radar avalanche remote sensing equipment for skies. Its flagship product Sknow, reads the snow layers directly under skis in real-time. The company was founded in 2017 and is headquartered in Bergen, Norway.

Geyser Batteries

Pre Seed Round in 2018
Geyser Batteries Oy develops and manufactures novel high-power ultra-durable batteries capable of withstanding millions of cycles of ultra-fast (seconds) charge and discharge. This novel type of batteries is environmentally safe in production, use and disposal and requires zero maintenance. It is fire safe and works even at -60C. Geyser batteries’ products are ideally suited for all applications where fast and efficient charging is critical, as well as the tasks where reliability and safety are your prime concerns.

Natufia

Seed Round in 2018
Natufia Labs PLC provides hydroponic equipment that automatically grows nutritious assortment of fresh plants and herbs in households and restaurant kitchens. The company offers kitchen garden equipment, organic plant seeds, microgreens seeds, and accessories, such as ceramic cups, measurement test kits, harvesting displays, replacement LEDs, and hydroponic gardening literature. It serves chefs, hotels, lounges and bars, spas and nutrition centers, designers and architects, distributors, and retail sectors. It sells its products online. The company was founded in 2014 and is based in Tallinn, Estonia.

Cerenion

Seed Round in 2018
Cerenion Oy is a Finnish company that specializes in artificial intelligence tools for analyzing brain function in intensive care settings. Founded in 2017 and headquartered in Oulu, with an additional office in Vantaa, Cerenion offers a medical-grade software solution known as Cerenion C-Trend. This innovative technology utilizes standard EEG measurements combined with advanced machine learning algorithms to provide a straightforward score reflecting the brain's status. C-Trend is designed for bedside use, requiring no alterations to existing patient care protocols. By streamlining complex electroencephalography recordings into user-friendly parameters, Cerenion aims to enhance both the quality of patient care and the efficiency of intensive care services.

Chain Antimicrobials

Seed Round in 2017
Chain Antimicrobials Oy, established in 2017 and located in Oulu, Finland, specializes in the design and development of antimicrobial-coated catheters aimed at preventing healthcare-associated infections (HAIs). The company has created peptide-coated catheters that specifically target and reduce the incidence of catheter-associated urinary tract infections (CAUTIs). Chain Antimicrobials has developed highly effective antimicrobial peptides that are applied to these catheters to combat bacterial and fungal infections. In vitro testing of their products has yielded positive results, demonstrating the effectiveness of their antimicrobial technology in a clinical context.

Ladimo

Seed Round in 2017
LaDiMo Oy, founded in 2015 and based in Espoo, Finland, specializes in developing the Ladimo Smarter Vision technology, a real-time 3D point cloud acquisition solution. The company builds upon innovative technology initially created at Aalto University in 2012 by Jorma Palmén. By integrating photogrammetry, laser technology, and mathematical modeling, Ladimo offers a novel approach to generating high-precision point cloud data. This technology is particularly applicable in machine vision fields, including collaborative robots, industrial automation, automated guided vehicles, and various virtual, augmented, and mixed reality applications.

Surgify

Seed Round in 2017
Surgify Medical Oy, founded in 2015 and based in Espoo, Finland, specializes in developing innovative surgical technology aimed at enhancing patient safety during neurological procedures. The company has created a neurological burr designed to minimize the risk of nerve and blood vessel injuries often associated with traditional surgical drills. This technology is compatible with existing surgical equipment, eliminating the need for additional training for surgeons and their teams. Surgify is also focused on the commercialization of its novel technology for bone surgery, collaborating closely with the Neurosurgical Department of Helsinki University Central Hospital to ensure effective communication with clinicians and to refine its solutions. Financial backing from Tekes, the Finnish Funding Agency for Innovation, has supported these efforts. The company's advancements have potential applications in both orthopedics and dentistry.

Popit

Seed Round in 2017
Popit Ltd. is a Finnish company established in 2013, specializing in the design and manufacture of innovative pill detection devices. The flagship product, Popit Sense, is a Bluetooth-connected device that utilizes patented technology to automatically track medication intake by detecting when pills are removed from a blister pack. Accompanying the device is the Popit Sense application, which wirelessly connects to Popit Sense to provide users with medication tracking, consumption statistics, and historical data. Additionally, the company offers Popit Connect, a cloud service that analyzes medication consumption efficiency to support patient treatment. Through its products, Popit Ltd. aims to enhance medication adherence and improve health outcomes for patients.

TVM Media

Seed Round in 2017
TVM Media's mission is to bring innovative solutions to the restaurant, bar, nightclub and hotel industry, empowering owners to serve their customers better and providing exciting and unique in-location experiences. Our first product, TVM Play, puts the power of Digital Marketing directly into the hands of venue owners - enabling them to instantly share information on their products, services, and events with their customers. Our services are based on modern technologies - they are mobile, cloud-powered and deliver amazing experience in HD and better than HD quality.

Proximi.io

Venture Round in 2017
Proximi.io provides a unified software development kit (SDK) and application programming interface (API) for mobile positioning technologies, enabling developers to create location-aware applications efficiently. The platform allows developers to access various mobile positioning technologies and utilize location data to trigger interactive action flows. Additionally, Proximi.io offers real-time analytics on user movements, enhancing the understanding of user behavior within applications. By integrating Proximi.io's native SDKs for Android and iOS or its Cordova plugin, developers can quickly start building context-aware content and improve user engagement in their apps.

Augumenta

Seed Round in 2017
Augumenta, Ltd. develops and markets interaction solutions for wearable devices. Its software solution enables users to control applications and devices, as well as interacts with various vision-enabled wearables. The company offers Infinite Touch, a toolkit for developers to enable gesture interaction using 3D Time-of-Flight cameras in Microsoft HoloLens, as well as Android smart glasses. It licenses its products to OEMs, integrators, and developers in Finland and internationally. Augumenta, Ltd. was incorporated in 2012 and is based in Oulu, Finland. It has support hubs in Oulu, Finland; Kyoto, Japan; and Taipei, Taiwan.

Cleac

Seed Round in 2016
The power of video calls is not in the video, but in the service. Enabling an engineer to get a visual of a situation before flying over, seeing the customer eye-to-eye while they are comparing products, giving coaching face-to-face. Let’s talk and see how video calls will empower your business.

GBuilder

Seed Round in 2016
GBuilder Ltd. develops Building information modeling (BIM) based software for developers and construction workers. The company’s software digitalizes the homebuyer’s customer journey from the first contact to sales, material optionality, home configuration the building process, and after-sales period. The company was founded in 2012 and is headquartered in Oulu, Finland.

Profilence

Pre Seed Round in 2016
Profilence Oy, founded in 2015 and based in Oulu, Finland, specializes in software test automation for embedded device software through its comprehensive platform, Tau. This end-to-end solution provides system-wide test coverage and in-depth analysis, enabling efficient test adaptation across different devices. Profilence's Reliability Analysis process captures extensive data, including logs, crash dumps, and memory usage, to facilitate the identification and resolution of bugs. By minimizing the burden of analyzing test reports and device logs, the platform allows engineers to focus on timely problem-solving rather than administrative tasks. Ultimately, Profilence aims to help operators, device manufacturers, and application developers reduce development and testing costs while enhancing product reliability.

Monidor Oy

Pre Seed Round in 2016
Monidor Oy, established in 2015 and based in Oulu, Finland, specializes in the development of innovative electronic devices. The company is best known for its product, Monidrop, an automated infusion monitor designed for intravenous infusion therapy. Monidrop aims to enhance the safety and efficiency of infusion processes in medical settings, reflecting Monidor's commitment to advancing healthcare technology.

StealthCase

Pre Seed Round in 2016
StealthCase Oy, founded in 2014 and located in Tampere, Finland, specializes in designing and consulting services for the construction sector. The company addresses challenges related to wireless connectivity, which has become essential in modern society. As energy-saving regulations tighten and contemporary building materials, such as aluminum-coated insulators and low-E windows, increasingly disrupt mobile signals, StealthCase offers a solution with its patented passive signal bridges. These innovative products, when integrated into walls, effectively enhance mobile signal quality, preventing low data rates and dropped calls, thereby improving overall connectivity in residential and commercial spaces.

Valossa

Seed Round in 2015
Valossa Labs Oy operates a descriptive search engine platform for video that enables natural, verbose, and flexible querying for voice-controlled movie services and entertainment platforms. The company specializes in the deep content of videos using proprietary natural language processing, image recognition, and machine learning technologies. Its services include voice search, video-on-demand, advertising, and broadcasters; The company was incorporated in 2015 and is based in Oulu, Finland.

SelQee

Seed Round in 2015
SelQee approves only reliable scientific information as a base of product development.their main goal is to simplify and re-organize scientifically proved knowledge, build it in to their applications and bring it to their customers in easy, understandable way.

Fasciawear

Pre Seed Round in 2015
Fasciawear is designed for athletes and sporty persons who want to practice more effectively and achieve better results.

Foodiac

Seed Round in 2015
Foodiac is an online marketplace for private chefs and high-end catering. It offers a SaaS-based business model for chefs and small catering companies to build their business and brand. The company was founded by Miikka Mäkiö in 2014 and is headquartered in Helsinki, Southern Finland.

Fjuul

Pre Seed Round in 2015
Fjuul Vision Oy, founded in 2013 and headquartered in Sipoo, Finland, develops a mobile application designed to track users' fitness levels and provide real-time analytics and guidance. The application employs a unique metric called Fjuul Points, which measures the intensity of daily activities, offering users a comprehensive understanding of their overall wellness beyond traditional step or calorie counting. By focusing on mobile health and wellness solutions, Fjuul aims to deliver innovative insights into users' physical activities, making it a distinctive tool in the health and fitness market.

OptiWatti Oy

Seed Round in 2015
Opti Automation develops OptiWatti, a fully automated system to optimize heating and cooling. For property owners OptiWatti provides even 40% savings of the heating / cooling costs as well as increased comfort as the indoor conditions are always as wished . For utilities OptiWatti provides state-of-the-art solution for loads management.

CubiCasa

Seed Round in 2014
Cubicasa Oy develops a real estate industry software, which provides on-demand digital floor plans for real estate professionals. Its platform offers digital floor plans with on-demand access and a subscription-based business model. The company's each floor plan is based on a combination of geometric, semantic, and location-based datasets and reuses existing content and makes it accessible for the whole property lifecycle. The company was founded in 2014 and is based in Oulu, Finland.

Movesole

Seed Round in 2014
MoveSole Oy, founded in 2014 and based in Oulu, Finland, develops smart shoe insoles designed to measure and analyze gait and underfoot pressure in real-time. The insoles are inserted beneath traditional offloading insoles, allowing users to walk naturally while collecting data on weight distribution and gait patterns. This information is transmitted to a mobile application, enabling healthcare professionals to assess the effectiveness of offloading treatments both in clinical settings and daily life. The company was initially established as a technology development project and has since received financing from private investors, including Butterfly Ventures, as well as funding for product development from Tekes. MoveSole's innovative products aim to optimize recovery from leg injuries and enhance the overall effectiveness of patient care.

Augumenta

Seed Round in 2014
Augumenta, Ltd. develops and markets interaction solutions for wearable devices. Its software solution enables users to control applications and devices, as well as interacts with various vision-enabled wearables. The company offers Infinite Touch, a toolkit for developers to enable gesture interaction using 3D Time-of-Flight cameras in Microsoft HoloLens, as well as Android smart glasses. It licenses its products to OEMs, integrators, and developers in Finland and internationally. Augumenta, Ltd. was incorporated in 2012 and is based in Oulu, Finland. It has support hubs in Oulu, Finland; Kyoto, Japan; and Taipei, Taiwan.

Alpakka Media

Seed Round in 2014
Alpakka Media Oy designs and creates TV and Internet content and games for children. The company offers TV animations and Internet games for children. Its 2D animations represent children's high-quality culture in visual and content wise. The company was incorporated in 2007 and is based in Oulunsalo, Finland.

IoLiving

Seed Round in 2014
ioLiving's solution enables continuous measurement of the condition and real-time monitoring of the measurement results through an illustrative user interface. Measurement results can be analyzed and utilized continuously regardless of time and place. ioLiving's solution is cost-effective and enables true knowledge management and more intelligence for your business.

Asmo Solutions

Seed Round in 2014
Improving product quality is also part of the service. They establish a quality management system and manufacture and sell products with high quality technology. It can be said that it is safe and secure because it is commercialized with higher quality than the marketed hair restorer.

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

Pint Please

Seed Round in 2014
Pint Please Global Ltd. is a mobile application company based in Oulu, Finland, established in 2014. The app serves the beverage industry by providing users with information and recommendations regarding beers, pubs, and breweries. Pint Please is designed for beer enthusiasts, allowing them to track their favorite beers and discover new ones to try. The application also features a social component, enabling users to share their favorite brews and local pubs with friends and fellow beer drinkers. By focusing on quality and community, Pint Please enhances the experience for users looking to explore the diverse world of craft beer.

NaturVention

Venture Round in 2014
NaturVention Enclosed Ecosystem Technologies solves global problems by combining nature and technology. We are a fast growing, venture-backed technology company. We challenge ourselves to find solutions to global problems by looking into nature, from where we have been able to find solutions for thousands of years already. We have developed patented solutions by enhancing nature’s own processes. We use the brightest technology to enhance those processes in order to create products that are easy to use and which help people to feel better by providing clean and healthy air and food.

Sapotech

Seed Round in 2014
Sapotech Oy specializes in high-tech products and services for online monitoring and imaging of high-temperature processes in the steel and metal industries. Founded in 2012 and based in Oulu, Finland, the company offers a range of solutions including the Reveal Service Platform for measurement and visualization of hot objects, Reveal CAST for early-stage monitoring of cast products, Reveal TAP for molten steel and metal tapping processes, and Reveal 360 for inspecting the inner surfaces of ladles and furnaces. Additionally, Sapotech provides turn-key system delivery, installation, licensing, and comprehensive customer support services, including spare parts, training, remote monitoring, and maintenance. The company's technology utilizes advanced image processing and laser techniques to ensure real-time visualization and tracking of manufacturing processes, helping clients efficiently manage production data while minimizing downtime.

Sports Tracking Technologies

Seed Round in 2014
Sports Tracking Technologies Ltd. provides a GPS-based fitness application for mobile phones. It offers Sports Tracker, a health and fitness application and online service that enables the users to track and analyze their performance, as well as to share workout data and photos with friends via the Sports Tracker community, Facebook, and Twitter. The company’s Sports Tracker is used in various mobile phones, such as iPhone, Android, Windows, and other phones. Sports Tracking Technologies Ltd. was incorporated in 2009 and is based in Helsinki, Finland. As of May 12, 2015, Sports Tracking Technologies Ltd. operates as a subsidiary of Amer Sports Corp.

Sarokal Test Systems

Seed Round in 2014
Sarokal Test Systems provides innovative test solutions for fronthaul networks. Their CPRI, eCPRI, OBSAI, JESD204, Ethernet and upcoming IEEE 1914 solutions enable users like chipset vendors, fronthaul equipment manufacturers, and telecom operators to develop, test and verify their 4G and 5G network devices. Sarokal X-STEP™ products provide means to generate, capture, and analyze bit accurate fronthaul traffic with various line rates and protocols. With the 100% visibility and control over fronthaul traffic, X-STEP can ensure full interoperability between fronthaul devices already in the early R&D development phase as well as in the field.

Conexbird

Seed Round in 2013
Conexbird Oy is a Finnish company that specializes in marine freight transportation services. It operates within the maritime industry, offering innovative solutions through its patented technology. Conexbird provides a range of unique services that cater to various stakeholders, including cargo owners, insurance companies, harbors, and container depots. By leveraging its technological advancements, Conexbird aims to enhance efficiency and reliability in maritime logistics.

CreateTrips

Seed Round in 2013
CreateTrips is a social trip planner that offers travellers and locals with travel guides, maps, reviews, photos, and more. It is an application that can be installed in smartphones and tablets and serves customers in Barbados, Bermuda, Denmark, Estonia, New Zealand, Qatar, and Uganda. CreateTrips was founded in January 2013 by Juha-Petteri Kukkonen and Juha-Petteri Kokkonen.

Laturi Corporation

Seed Round in 2013
Laturi develops tools for businesses who offer corporate fitness services. Our goal is to help people adopt a healthy and active lifestyle. We believe that physical fitness is the foundation upon which a business can build a productive and profitable future. Laturi tools have a solid foundation in the latest science has to offer. To make sure we can offer the best quality products to our customers, we co-operate closely with leading research organizations. This keeps our finger on the pulse and our products reliable and up to date. To the founder of Laturi, Vesa Tornberg, one of the greatest motives for becoming entrepreneur is being able to create a good workplace. ”It’s important to me that everybody at the workplace trust each other and that there’s a good atmosphere. It’s all closely tied to the passion we feel towards our work. To everyone at Laturi being part of helping advance people’s wellness is very important.” Laturi Corporation, an innovator in the wellness business, was founded in Oulu, Finland in 2012. Laturi’s team has more than 60 years of experience in wellness technology and many have previously worked together as a team at Polar Electro.

CaddieON

Seed Round in 2013
CaddieON Inc. provides RFID solutions for golf players, instructors, and club managers. It offers CADDIEON identification tags for clubs; and CADDIEON wrist device that tracks every stroke a user makes and clubs they use. The company also provides CADDIEON application that enables users to select the course and game and it automatically scores the round; CADDIEON player portal that enables users to view player statistics and informative graphical reports of the game; and mobile applications. CaddieON Inc. was incorporated in 2012 and is headquartered in Oulu, Finland.

WhileOnTheMove

Seed Round in 2013
WhileOnTheMove Ltd. designs, develops, and supplies mobile near field communication solutions for cities and enterprises worldwide. The company’s products include Daisy, a solution for day cares and pre-schools; Lady Shopper, a solution for female customers; and Sport Shopper, a solution for sporty people. Its technology enables mobile solutions to process payment and ticketing needs. It also hosts and manages its solutions. The company was founded in 2008 and is based in Oulu, Finland.

Fourdeg

Seed Round in 2013
Fourdeg is a company that specializes in heating optimization technology for water radiator systems in buildings. Founded in 2013 and based in Esbo, Finland, it offers solutions that enhance energy efficiency and improve temperature control, leading to significant energy savings and reduced heating costs. The company's advanced algorithms enable adaptive temperature management at a room level, making it suitable for various types of buildings, including residential, commercial, and public structures. Fourdeg's expertise combines over 90 years of experience in consumer and infrastructure business, product development, and energy technology, supported by collaboration with Aalto University. Its systems not only improve indoor comfort but also contribute to lower carbon footprints, with the potential for impact at individual room, building, and city levels.

CadFaster

Venture Round in 2013
CadFaster develops collaboration tools for the 3D CAD community. Company was founded in 2009 and its founders have 10-20 years of experience in software business. Products are based on innovations that enable ultra-fast 3D collaboration experience in professional 3D applications. MyCadbox is a complete viewer and collaboration tool for 3D CAD with wide format support and exceptional visualisation performance.

MyPose

Seed Round in 2013
MyPose Ltd. operates a fitting screen technology that connects fashion retailers with social media, enhancing the shopping experience for customers. Founded in 2012 and based in Oulu, Finland, MyPose allows users to take their own photos, share them via email or Facebook, and view their looks through video. This interactive touch screen technology enables customers to compare different outfits, facilitating quicker buying decisions. Additionally, MyPose serves as a marketing tool, helping clothing retailers engage with their audience. The company also offers a contemporary photographic kiosk suitable for corporate events, hotels, and tourist attractions, allowing guests to capture moments and share branded content effortlessly.

FilmMe

Venture Round in 2013
FilmMe Group Ltd. designs and develops automatic video camera systems that followsits target and automatically shares the video to the user’s own web account. It also sells wristbands, and camera and broadcast units online. The company offers its products for various sports, as well as performing arts. Its products are available through a network of distributors in Finland and internationally. The company was founded in 2011 and is based in Oulu, Finland.