Icebreaker

Icebreaker is a venture capital firm based in Helsinki, Finland, specializing in early-stage investments in unique software-driven companies across Finland, Sweden, and Estonia. The firm manages the Icebreaker Opportunity Fund I, established in 2021, which focuses on providing funding at the idea, angel, and seed stages, typically investing between €150,000 and €800,000. In addition to financial support, Icebreaker fosters a robust community of hundreds of members, creating a valuable network for potential team members, clients, and advisors to help startups grow and succeed.

Ying Ying Huang

Senior Associate

Rasmus Klärck

Principal

Lasse Lehtinen

General Partner

Aleksi Partanen

General Partner

Riku Seppälä

General Partner

Past deals in Cental and Eastern Europe

Cachet

Series A in 2022
Cachet is a "trustee" data layer between the sharing economy platforms and insurance providers. We aggregate and enrich cross-market data about how much service providers are providing service on various competing platforms and via that enable insurance companies to sell more personalised coverage. We have started with the ride-hailing/mobility sector since it has the highest number of participants.

Prfct network

Pre Seed Round in 2021
Prfct network is a lightweight blockchain built on native web technologies. Network is accessible via browser and does not require any 3rd party plugins or software, utility ranges from web3 applications to Play-to-Earn browser games.

Spaceit

Pre Seed Round in 2021
Spaceit offers mission control as a service. It is a one stop solution for satellite ground operations. Spaceit's service includes a Mission Control System (MCS), pre-integrated access to a worldwide network of ground stations, satellite control, consultations and support. Spaceit's Mission Control System is a complex solution consisting of a cloud-based platform. It has flexible scaling, remote usage, automated backups and maintenance, lower costs.

Single.Earth

Seed Round in 2021
Single.Earth operates a digital platform that facilitates the trading of natural resources as tokenized virtual goods, including carbon allowances and biodiversity offsets. This innovative approach allows forests, wetlands, and other natural assets to generate profit without being exploited for raw materials. By tokenizing these resources, Single.Earth creates a new liquid asset class centered on healthy ecosystem services. The platform enables clients to incorporate natural capital, biodiversity, and carbon into established financial market principles, enhancing the integration of environmental assets into mainstream economic systems.

Single.Earth

Pre Seed Round in 2021
Single.Earth operates a digital platform that facilitates the trading of natural resources as tokenized virtual goods, including carbon allowances and biodiversity offsets. This innovative approach allows forests, wetlands, and other natural assets to generate profit without being exploited for raw materials. By tokenizing these resources, Single.Earth creates a new liquid asset class centered on healthy ecosystem services. The platform enables clients to incorporate natural capital, biodiversity, and carbon into established financial market principles, enhancing the integration of environmental assets into mainstream economic systems.

Klaus

Series A in 2020
Klaus is a conversation review tool designed to enhance the quality of customer service by facilitating systematic internal feedback for customer support teams. Founded in 2017 and headquartered in Tallinn, Estonia, the company offers a solution that integrates seamlessly with existing help desk systems, streamlining the review process and improving response quality. Klaus eliminates the inefficiencies of traditional methods, such as spreadsheets, by providing a structured platform for performance evaluations and onboarding new agents. This focus on enhancing customer service interactions positions Klaus as a valuable asset for organizations seeking to optimize their support operations.

Cachet

Seed Round in 2020
Cachet is a "trustee" data layer between the sharing economy platforms and insurance providers. We aggregate and enrich cross-market data about how much service providers are providing service on various competing platforms and via that enable insurance companies to sell more personalised coverage. We have started with the ride-hailing/mobility sector since it has the highest number of participants.

Dashbird

Seed Round in 2020
Dashbird helps developers to deliver bullet-proof and fast serverless applications by offering actionable insights and debugging features. It makes software and app development quicker, leaner and helps to optimize costs. Dashbird uses Cloudwatch logs in order to offer in-depth analytics and the 2 minute setup doesn't require any code changes.

Quantastica

Pre Seed Round in 2019
Quantastica OÜ designs and develops software tools and solutions that enables its customers to transit to hybrid quantum-classical computing. The company offers Quantum Programming Studio, which is a web based graphical user interface for designing quantum algorithms and executing on simulators or on real quantum computers. It also offers Quantum Simulators, including quantum-circuit, which is an open source quantum circuit simulator implemented in javascript and Qubit Toaster, which is a quantum circuit simulator written in C. The company provides cross platform and production deployment. Quantastica OÜ was founded in 2019 and is headquartered in Subotica, Serbia. It has additional locations in Helsinki, Finland and Tallinn, Estonia.

Modash.io

Convertible Note in 2019
Modash.io is a B2B search engine and influencer marketing platform based in Tallinn, Estonia, founded in 2018. It specializes in helping marketers identify and connect with social media influencers who align with their target audiences. The platform offers tools for audience-targeted influencer searches and is unique in providing conversion rate attribution for influencer marketing campaigns. Modash.io aims to transition influencer marketing from a largely experimental budget to a more performance-driven approach, tapping into the substantial potential of the industry. By focusing on the value that creators bring through community building and storytelling, Modash.io is committed to ensuring that every influencer is compensated for their contributions.

Klaus

Seed Round in 2019
Klaus is a conversation review tool designed to enhance the quality of customer service by facilitating systematic internal feedback for customer support teams. Founded in 2017 and headquartered in Tallinn, Estonia, the company offers a solution that integrates seamlessly with existing help desk systems, streamlining the review process and improving response quality. Klaus eliminates the inefficiencies of traditional methods, such as spreadsheets, by providing a structured platform for performance evaluations and onboarding new agents. This focus on enhancing customer service interactions positions Klaus as a valuable asset for organizations seeking to optimize their support operations.

Rive

Series A in 2019
Kodit.io is redefining how people buy, sell, and rent homes by eliminating time-consuming and costly procedures related to every real estate transaction. The company offers instant buying and data-driven brokerage services to home sellers and freshly renovated and safe city apartments for home buyers. Quick, easy, and transparent. Since being founded in 2017, the company has transacted homes worth over 90M euros and raised 121M in funding. The team comes from a colorful range of backgrounds, all the way from entrepreneurship to academics and Nordea to Harvard Business School. As of December 2020, Kodit.io consists of 45+ people from 7 different nationalities. Kodit.io is headquartered in Helsinki and is operating in all the major cities in Finland as well as Warsaw, Poland, and Madrid, Spain. Kodit.io service concept is developed by Homerun Technologies Ltd. You can find more about us: www.kodit.io/en

Rive

Seed Round in 2018
Kodit.io is redefining how people buy, sell, and rent homes by eliminating time-consuming and costly procedures related to every real estate transaction. The company offers instant buying and data-driven brokerage services to home sellers and freshly renovated and safe city apartments for home buyers. Quick, easy, and transparent. Since being founded in 2017, the company has transacted homes worth over 90M euros and raised 121M in funding. The team comes from a colorful range of backgrounds, all the way from entrepreneurship to academics and Nordea to Harvard Business School. As of December 2020, Kodit.io consists of 45+ people from 7 different nationalities. Kodit.io is headquartered in Helsinki and is operating in all the major cities in Finland as well as Warsaw, Poland, and Madrid, Spain. Kodit.io service concept is developed by Homerun Technologies Ltd. You can find more about us: www.kodit.io/en

Klaus

Pre Seed Round in 2018
Klaus is a conversation review tool designed to enhance the quality of customer service by facilitating systematic internal feedback for customer support teams. Founded in 2017 and headquartered in Tallinn, Estonia, the company offers a solution that integrates seamlessly with existing help desk systems, streamlining the review process and improving response quality. Klaus eliminates the inefficiencies of traditional methods, such as spreadsheets, by providing a structured platform for performance evaluations and onboarding new agents. This focus on enhancing customer service interactions positions Klaus as a valuable asset for organizations seeking to optimize their support operations.

Dashbird

Seed Round in 2018
Dashbird helps developers to deliver bullet-proof and fast serverless applications by offering actionable insights and debugging features. It makes software and app development quicker, leaner and helps to optimize costs. Dashbird uses Cloudwatch logs in order to offer in-depth analytics and the 2 minute setup doesn't require any code changes.

Price&Cost

Angel Round in 2017
Price&Cost is a project estimation and budget-tracking tool. Their focus is on monitoring project's financial health, allowing you to track key metrics as the project progresses. Estimate your project based on resources involved and their effort and then reconcile with actuals regularly, leaving an audit trail of snapshots that you can compare to get an in-depth view of your project's financial health at any time.

Rive

Angel Round in 2017
Kodit.io is redefining how people buy, sell, and rent homes by eliminating time-consuming and costly procedures related to every real estate transaction. The company offers instant buying and data-driven brokerage services to home sellers and freshly renovated and safe city apartments for home buyers. Quick, easy, and transparent. Since being founded in 2017, the company has transacted homes worth over 90M euros and raised 121M in funding. The team comes from a colorful range of backgrounds, all the way from entrepreneurship to academics and Nordea to Harvard Business School. As of December 2020, Kodit.io consists of 45+ people from 7 different nationalities. Kodit.io is headquartered in Helsinki and is operating in all the major cities in Finland as well as Warsaw, Poland, and Madrid, Spain. Kodit.io service concept is developed by Homerun Technologies Ltd. You can find more about us: www.kodit.io/en