FOV Ventures

FOV Ventures, founded in 2021 and based in Espoo, Finland, is a venture capital firm that focuses on early-stage investments in European companies. The firm specializes in sectors such as spatial computing, artificial intelligence, 3D technologies, robotics, augmented reality, virtual reality, e-commerce, and infrastructure. With a commitment to nurturing innovative businesses, FOV Ventures aims to support emerging companies that are shaping the future of technology and digital experiences. Its investment strategy is designed to target B2B opportunities and is centered on fostering growth in the rapidly evolving metaverse industry.

Petri Rajahalme

Partner

23 past transactions

IXI

Series A in 2025
IXI is a company focused on advancing optical eyeglasses technology to enhance vision. It specializes in innovative lenses designed to offer a wide and clear field of view for both near and intermediate distances, effectively addressing the shortcomings of conventional progressive lenses. By providing a farsighted eyeglass prescription, IXI enables users to read and work with optimal vision without the need for multifocal lenses or constant switching of eyeglasses. The company aims to modernize traditional eyeglass optics, ensuring that individuals can experience vision as nature intended.

ai|coustics

Seed Round in 2025
ai|coustics is a Berlin-based startup specializing in improving speech quality and intelligibility through advanced artificial intelligence algorithms. The company focuses on enhancing audio communication and content creation across various devices. Its offerings include solutions for telecommunications, video conferencing, hands-free headsets, hearing aids, and professional audio live broadcasting. Additionally, ai|coustics provides tools for podcasting and video production, as well as speech-to-text systems. By leveraging machine learning technology, ai|coustics enables users to significantly improve the clarity and quality of speech in audio recordings, catering to diverse needs within the digital communication and media sectors.

nunu.ai

Seed Round in 2025
Nunu.ai is a pioneering company in the gaming industry, specializing in the development of advanced artificial intelligence agents. These agents, the first of their kind, are designed to play and test games using a multi-modal approach, mimicking human interaction and decision-making processes. By employing vision-based agents that can see and respond to game elements, reason about actions, and provide clear insights, Nunu.ai's platform offers the gaming industry innovative tools for real-time interaction, task-specific reporting, and interpretability of AI decisions. This not only accelerates game development processes but also extends the application of these AI agents to other areas, such as player simulation.

Ray Browser

Seed Round in 2024
Ray Browser is a developer focused on revolutionizing the gaming experience by creating a specialized browser for gamers. The browser is designed for the metaverse and incorporates advanced features such as three-dimensional rendering and streamlined gaming and content discovery services. This innovative platform enhances gameplay by optimizing speed, reliability, and user experience, allowing players to connect with friends, discover emerging creators, and stream games seamlessly. Through its cutting-edge technology, Ray Browser aims to transform how players engage with games and empowers developers to innovate within the gaming industry.

Distance Technologies

Seed Round in 2024
Distance Technologies focuses on developing glasses-free extended reality (XR) applications tailored for the automotive, aerospace, and defense sectors. The company's innovative technology is designed to enhance visual experiences in both commercial and military environments, such as cockpits and vehicles. By facilitating a wider adoption of visual AI, Distance Technologies aims to improve operational efficiency and safety in various industries, positioning itself as a leader in the advancement of immersive technologies.

IXI

Series A in 2024
IXI is a company focused on advancing optical eyeglasses technology to enhance vision. It specializes in innovative lenses designed to offer a wide and clear field of view for both near and intermediate distances, effectively addressing the shortcomings of conventional progressive lenses. By providing a farsighted eyeglass prescription, IXI enables users to read and work with optimal vision without the need for multifocal lenses or constant switching of eyeglasses. The company aims to modernize traditional eyeglass optics, ensuring that individuals can experience vision as nature intended.

Kubos Semiconductors

Seed Round in 2024
Kubos Semiconductors Ltd, established in 2017 and headquartered in Cambridge, United Kingdom, specializes in the development and commercialization of semiconductors. The company focuses on cubic-GaN technology, which is used to produce high-efficiency, low-cost light-emitting diodes (LEDs). Kubos Semiconductors leverages its intellectual property to create wafers for LED manufacturers, aiming to enhance energy savings through advanced semiconductor solutions.

ai|coustics

Pre Seed Round in 2024
ai|coustics is a Berlin-based startup specializing in improving speech quality and intelligibility through advanced artificial intelligence algorithms. The company focuses on enhancing audio communication and content creation across various devices. Its offerings include solutions for telecommunications, video conferencing, hands-free headsets, hearing aids, and professional audio live broadcasting. Additionally, ai|coustics provides tools for podcasting and video production, as well as speech-to-text systems. By leveraging machine learning technology, ai|coustics enables users to significantly improve the clarity and quality of speech in audio recordings, catering to diverse needs within the digital communication and media sectors.

Graswald.ai

Seed Round in 2024
Graswald.ai specializes in the development of natural and digital 3D environments tailored for the entertainment industry. The company focuses on creating photorealistic 3D vegetation models and nature assets that enhance visual storytelling in various applications, including visual effects, gaming, and concept art. By offering a diverse range of models, Graswald enables content creators to construct immersive ecosystems within their digital productions, thereby increasing realism and depth in animated content. The platform's emphasis on natural elements serves to elevate the quality and authenticity of virtual worlds, making it a valuable resource for professionals in the creative sectors.

Roro

Pre Seed Round in 2024
Roro is a mobile gaming studio focused on developing innovative play experiences using Unreal Engine. The company specializes in creating three-dimensional digital dollhouses that enable users to design dream rooms, customize their spaces, and incorporate characters and pets to craft unique narratives. By emphasizing self-expression, creativity, and storytelling, Roro aims to engage players in imaginative play. As a small and agile organization, Roro seeks to expand its team with skilled individuals who share its vision for building the future of mobile gaming.

Starstuff

Pre Seed Round in 2023
Starstuff is a technology company focused on addressing social disconnection by transforming ordinary digital interactions into immersive, interactive experiences. The company has developed a spatial imaging AI platform that enables users to convert their camera rolls and community activities into engaging, shareable 3D environments. By allowing individuals to create and explore interactive scenes from a single picture or text prompt, Starstuff's platform fosters social connection in a unique and accessible manner. This frictionless platform is compatible with all devices and emphasizes collaborative experiences, blending elements of multiplayer gaming with the ease of social media content sharing. Through its innovative approach, Starstuff aims to combat the loneliness pandemic by encouraging meaningful interactions among users in a dynamic, multi-playable format.

Graswald.ai

Seed Round in 2023
Graswald.ai specializes in the development of natural and digital 3D environments tailored for the entertainment industry. The company focuses on creating photorealistic 3D vegetation models and nature assets that enhance visual storytelling in various applications, including visual effects, gaming, and concept art. By offering a diverse range of models, Graswald enables content creators to construct immersive ecosystems within their digital productions, thereby increasing realism and depth in animated content. The platform's emphasis on natural elements serves to elevate the quality and authenticity of virtual worlds, making it a valuable resource for professionals in the creative sectors.

GEEIQ

Series A in 2023
GEEIQ is a company that specializes in helping businesses navigate the metaverse through its comprehensive enterprise platform. This platform utilizes data analysis to identify and optimize strategies for engaging with virtual communities, particularly in the realms of esports and gaming. By providing detailed insights into esports teams, streamers, and events, GEEIQ empowers brands to make informed decisions regarding sponsorships and advertising. The company supports clients in identifying key opportunities within this emerging marketing vertical, facilitating the growth of addressable audiences and enabling sustainable revenue streams. Through its services, GEEIQ aims to enhance the overall experience for both brands and gaming audiences in the rapidly evolving digital landscape.

Atopia Space

Pre Seed Round in 2023
Atopia is a platform that allows you to visit any museum, gallery, heritage site, or music ensemble from the comfort of your own home - in VR or on your laptop.

Scenario

Seed Round in 2023
Scenario is a pioneering company in the field of game development, specializing in the creation of AI-generated game assets through custom-trained models. Its innovative platform allows game creators and studios to maintain full control over asset production, significantly enhancing efficiency and reducing development time. By employing an API-first approach, Scenario facilitates seamless integration with various game engines and design software, promoting creativity and enabling collaborative workflows. The company's technology ensures that assets generated are consistent in style, thereby supporting creators in bringing their visions to life from concept to runtime.

Makea Games

Seed Round in 2023
Makea Games is a game studio focused on developing a multiplayer, multiplatform universe that emphasizes user-generated content. The studio provides tools that empower players to create their own games and content, requiring only a game controller and no prior coding knowledge. This innovative approach aims to foster collaboration between the studio and its players, resulting in a virtually limitless variety of experiences and gameplay options. By enabling gaming enthusiasts to generate new levels and game worlds easily, Makea Games seeks to continuously enhance the gaming experience and keep players engaged with fresh content.

Doublepoint

Seed Round in 2023
Doublepoint is a technology company focused on creating advanced touch interface solutions. It specializes in developing devices and software that virtualize natural human movement, utilizing AI-driven, biometrics-based technology. This innovation enables precise and responsive digital representations of human hands, allowing for accurate typing, rich gestural interactions, and the ability to perform complex tasks such as playing musical instruments. Doublepoint's technology caters to various industries, particularly in augmented and virtual computing platforms, enhancing creativity and interaction through intuitive and versatile touch-based experiences.

Aino.ar

Pre Seed Round in 2023
Aino.ar is a company focused on democratizing design through an innovative 3D configurator and sales tool tailored for both physical and virtual products. The platform incorporates augmented and virtual reality features, enabling users to visualize products in an engaging and interactive manner. It provides instant, photorealistic renderings and videos, along with functionalities for price and carbon footprint calculations. Aino.ar's solutions are browser-based, compatible with both desktop and mobile devices, and include integrations for content management systems and e-commerce platforms. By offering a fast and intuitive user experience for a monthly subscription, Aino.ar aims to enhance product visualization, streamline the furnishing of homes and offices, and support e-commerce businesses in increasing customer engagement, boosting sales, and minimizing return rates.

Ambient

Seed Round in 2023
Ambient is an open-source runtime that develops and builds multiplayer games and 3D applications.

Virtex Stadium

Seed Round in 2022
Virtex Stadium is an esports-focused virtual stadium developer. People using Virtex Stadium can enter a lobby and chat with dozens of others, or they can go directly into the stadium to find a seat to watch an event. The stadium itself will be able to accommodate hundreds of people at once. Virtex Stadium brings together the best of the physical and virtual worlds to create an immersive esports experience that brings fans closer to the game.

move.ai

Venture Round in 2022
Move.ai provides motion capture platforms and tools to enable augmented and extended reality productions using AI and computer vision.

M-XR

Seed Round in 2022
M-XR is a technology company specializing in the development of advanced 3D production technology, enabling brands, studios, and creators to accurately and automatically digitize real-world objects. The company's platform integrates a custom-engineered system with machine learning capabilities to capture and convert intricate 3D information, which enhances the quality of digital representations. Focused on the virtual and augmented reality sectors, M-XR provides solutions that empower clients, particularly in the fashion industry, to leverage high-quality 3D models for various applications. This innovative approach allows for a seamless transition into the expansive realm of 3D content creation and utilization.

RLTY

Pre Seed Round in 2022
RLTY is a developer of a metaverse platform that aims to establish the necessary infrastructure for creating virtual events. The company provides easy-to-use tools and collaborates with various event organizers across multiple industries to attract a diverse audience to virtual experiences. By focusing on accessibility and enhancing user experiences, RLTY enables brands to explore and expand the possibilities within virtual worlds, making it easier for them to adapt and innovate in an increasingly digital landscape.
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