Gesynta Pharma
Series B in 2025
Gesynta Pharma AB is a clinical-stage pharmaceutical company based in Stockholm, Sweden, founded in 2017. The company focuses on developing compounds that inhibit the pro-inflammatory enzyme microsomal prostaglandin E synthase-1 (mPGES-1) to address chronic inflammatory conditions, particularly in cardiovascular diseases and cancer. Its most advanced drug candidate, vipoglanstat (GS-248), is being developed as a non-hormonal treatment for endometriosis, a painful condition affecting around 10 percent of women of reproductive age. Clinical studies have indicated that vipoglanstat significantly reduces endometriotic lesions and provides pain relief, with preparations underway for a phase II clinical trial. Additionally, Gesynta Pharma is advancing another candidate, GS-073, which is set to enter phase I clinical trials for a different inflammatory condition. The company's research is rooted in work from the Karolinska Institutet, and it aims to deliver safe and effective treatments for serious diseases.
Ward 24/7
Venture Round in 2024
Ward 24/7 is a Copenhagen-based company that specializes in digital health solutions aimed at enhancing patient care through continuous monitoring of respiratory and circulatory distress. Founded in 2016, the company has developed an intelligent clinical support system that utilizes a network of wireless sensors to track vital parameters such as oxygen saturation, respiratory rate, and cardiac function in high-risk patients. This system employs artificial intelligence to analyze real-time data, allowing for early detection of potential health issues and timely intervention by healthcare professionals. By providing 24/7 observation and alerting staff to critical situations, Ward 24/7 aims to improve the efficiency and effectiveness of hospital care, ultimately enhancing patient outcomes.
Teitur Trophics
Series A in 2023
Teitur Trophics is a biotech company established in 2020 and based in Aarhus, Denmark. The company specializes in the development of circular peptides aimed at addressing neurodegenerative diseases. Its research focuses on small peptides that interact with receptors central to neural function. By gaining insights into the biology of these receptors, Teitur Trophics aims to modulate key mechanisms in neural function, which may facilitate the creation of innovative treatments. These treatments are designed to be administered through daily injections, with the potential to prevent the onset of neurodegenerative conditions.
OGOship
Seed Round in 2021
OGOship Oy is a third-party logistics provider specializing in services for e-commerce businesses. Founded in 2011 and based in Helsinki, Finland, the company offers a comprehensive range of logistics solutions, including warehousing, inventory management, and shipping services. OGOship enables online retailers to outsource their logistics needs, allowing them to focus on sales and customer engagement. With a network of warehouses located in multiple countries, including Sweden, the Netherlands, and Estonia, the company helps small to medium-sized retailers store products closer to their customers, thereby reducing delivery times. Additionally, OGOship provides an online platform for managing shipping and logistics, along with consultancy services to optimize supply chain operations. Through its offerings, OGOship aims to facilitate global selling and streamline the logistics processes for e-commerce businesses.
Innomost
Seed Round in 2021
Innomost is a company that specializes in developing and producing high-value bioactive ingredients derived from forest industry byproducts, particularly Finnish birch. Catering to the cosmetics and personal care industry, Innomost's product portfolio includes birch charcoal powder, birch bark powder, betulin, suberin, and azelaic acid. These ingredients are designed to facilitate innovation across various cosmetic categories, including skincare, haircare, body care, decorative cosmetics, and oral care. Innomost focuses on providing vegan, gluten-free, and allergen-free active ingredients, allowing clients to source ethically produced and biodegradable raw materials for their products.
Aatos Legal Technology
Seed Round in 2021
Aatos is a Finnish legal tech company established in 2020, specializing in automated online legal services for private individuals. Its platform offers solutions for various legal matters such as divorce, prenuptial agreements, wills, and power of attorney, all without requiring a lawyer's intervention. As of 2022, Aatos has generated €1.4 million in annual revenue, served over 30,000 paying customers across three markets, and secured approximately 10% market share in Finland for services like divorce proceedings.
Surgify is focused on the commercialization of an innovative technology designed for bone surgery, developed at Aalto University with support from the Finnish Funding Agency for Innovation. The company collaborates closely with the Neurosurgical Department of Helsinki University Central Hospital to ensure effective communication with clinicians. Surgify's technology aims to protect proximal soft structures during surgery, thereby minimizing complications such as bleeding, infections, and nerve injuries. This advancement not only enhances surgical safety but also aims to improve patient outcomes and quality of life by reducing suffering associated with these procedures.
Monidor Oy
Venture Round in 2020
Monidor Oy is a Finnish company established in 2015 and based in Oulu. It specializes in the development of innovative electronic devices, with a focus on healthcare technology. The company's flagship product, Monidrop, is an automated infusion monitor designed for intravenous infusion therapy, enhancing the safety and efficiency of medical treatments. Through its advancements in medical technology, Monidor aims to improve patient outcomes and streamline healthcare processes.
Luxmet
Venture Round in 2019
Luxmet Ltd. is a company that specializes in the development of electric arc furnaces and innovative monitoring and control systems for high-temperature metallurgical processes. Established in 2014 and headquartered in Oulu, Finland, Luxmet offers a range of products including an Electric Arc Furnace process control system that analyzes optical emissions, TempSpec for online temperature monitoring, as well as ladle furnaces, blast furnaces, and converters. The company’s advanced optical sensor technology provides detailed insights into process conditions by measuring emitted light, enabling real-time continuous assessments of melting progress within electric arc furnaces. Luxmet primarily serves the steel and metal industries, enhancing operational efficiency and process control for its clients.
Synoste
Venture Round in 2018
Synoste Oy, founded in 2007 and based in Espoo, Finland, specializes in innovative medical solutions for correcting skeletal deformities. The company focuses on developing a third-generation limb-lengthening system aimed at improving the conventional, often uncomfortable, procedures associated with bone-lengthening and deformation correction. By leveraging smart materials, Synoste’s technology aims to provide a less painful experience for patients while enhancing the precision and control of the treatment process. This approach not only reduces complication rates but also facilitates a quicker recovery, allowing patients to return to their normal activities sooner. Operating as a subsidiary of Globus Medical, Inc., Synoste addresses various conditions, including congenital and trauma-related limb discrepancies, as well as craniomaxillofacial deformations.
Forendo Pharma
Venture Round in 2018
Forendo Pharma Oy is a drug discovery and development company based in Turku, Finland, established in 2013. The company specializes in creating novel therapeutic drugs that address urological and endocrinological diseases by focusing on tissue-specific regulation of sex hormone effects. Among its key developments is Fispemifene, a selective estrogen receptor modulator aimed at treating low testosterone symptoms in men. Forendo Pharma also works on a 17HSD1-inhibitor targeting endometriosis, thereby addressing broader gynecological conditions. Through its innovative approach, the company seeks to enhance treatment options for both men's and women's health, particularly in areas that have previously been underserved.
Aranda Pharma
Venture Round in 2018
Aranda Pharma Oy is a biopharmaceutical company based in Kuopio, Finland, established in 2015. The company specializes in the discovery and development of small molecule drugs aimed at addressing unmet medical needs in elderly patients, particularly focusing on advanced prostate cancer and neurodegenerative diseases. Aranda Pharma’s research includes programs centered on androgen receptor (AR) antagonists, which are designed for treating castration-resistant prostate cancer. Notable products in its development portfolio include ADA-409, aimed at cytoprotection, and ADA-308, an AR antagonist effective in treatment-resistant cells, making it a promising option for patients who have already undergone treatment with earlier generation AR antagonists. Aranda Pharma is committed to enhancing the quality of life for patients suffering from these conditions.
EEE Innovations
Venture Round in 2017
EEE Innovations Oy, established in 2014 and headquartered in Lohja, Finland, specializes in computer programming services. The company focuses on enhancing driving experiences by providing drivers with smart information derived directly from their vehicles and additional external sources.
Ledistys
Seed Round in 2017
Ledistys Oy is a Finnish company founded in 2012, based in Oulu, specializing in the design, manufacture, and sale of LED lighting solutions. The company provides a comprehensive range of products, including modular LED luminaires that are tailored to meet specific customer needs across various sectors, such as industry, agriculture, retail, and leisure. Ledistys emphasizes customer-oriented service, offering not only lighting products but also project management, installation, and maintenance services. Additionally, the company conducts energy-saving reports and provides designs and energy subsidies, ensuring that clients receive optimal lighting solutions that enhance efficiency and meet their unique requirements.
IndoorAtlas
Series B in 2017
IndoorAtlas Ltd. is a technology company based in Oulu, Finland, specializing in magnetic field-based indoor location solutions. Founded in 2012, the company leverages magnetic anomalies within buildings and smartphones to achieve precise indoor positioning, offering a unique alternative that eliminates the need for additional hardware such as Bluetooth or Wi-Fi. Its offerings include a comprehensive toolbox for developers, which features IndoorAtlas Floor Plans for managing building layouts, a Map Creator mobile application for generating magnetic maps, and a Maps API for creating location-based applications. This technology enables a range of applications, from enhancing store promotions and mobile gaming experiences to improving logistics efficiency and navigation within complex indoor environments like shopping centers and airports. IndoorAtlas also maintains research and development centers in Oulu, Finland, and Oxford, United Kingdom, to further advance its innovative solutions.
Taitori
Seed Round in 2017
Taitori Oy is a Finnish software company established in 2010 with the mission of assisting individuals and businesses through digitization. The company specializes in providing software development and consultancy services aimed at enhancing the employee experience by simplifying space management, booking, and reporting processes. Taitori's solutions enable users to book premises for meetings or work, order catering, and automatically send arrival instructions to visitors. This helps clients connect people and spaces more effectively, optimizing customer experiences through business continuity planning, disaster recovery, security-related mapping, and facilities management.
Yepzon
Venture Round in 2017
Yepzon is a prominent manufacturer and service provider of location devices, established in 2013 and headquartered in Tampere, Finland. The company specializes in creating simple yet effective tracking solutions for consumers and businesses, utilizing an advanced system that integrates GPS, WiFi, and 3G technologies. This multi-faceted approach allows Yepzon to offer superior indoor positioning capabilities and leverage Google database resources, positioning it as a leader in the location technology market. Its product lineup includes wearable devices designed to monitor and locate family members, pets, and other valuables, featuring industrial trackers that function effectively under various circumstances. These devices boast long battery life and quick connectivity to smartphones and tablets, providing users with reliable tracking and sensing solutions tailored to a range of needs.
Dottli
Venture Round in 2017
Dottli Oy is a digital health company based in Helsinki, Finland, specializing in the development of medical devices and applications aimed at improving the management of diabetes. Founded in 2009 and previously known as Modz Oy, Dottli focuses on addressing the growing global diabetes epidemic, particularly type II diabetes, which affects over 400 million individuals worldwide. The company's flagship product is an app designed to help users monitor and manage their health more effectively. With obesity rates rising and diabetes-related complications leading to significant mortality, Dottli aims to provide innovative solutions that enhance the quality of life for people living with diabetes.
Spectral Engines
Venture Round in 2017
Spectral Engines Oy is a Finnish company that specializes in the development and production of advanced spectral sensors leveraging micro-electro-mechanical system (MEMS) technology. Founded in 2014 and headquartered in Helsinki, the company focuses on offering miniaturized and cost-effective sensors for various applications, including process spectroscopy, agriculture, food and beverage analysis, and gas sensing. Their product lineup includes OEM sensors, application development kits, gas sensors, portable instruments, and software development kits. Spectral Engines' sensors are utilized for moisture measurements in pharmaceutical powders, analysis of food composition (such as protein, fat, and sugars), and gas detection, enabling clients to benefit from cloud connectivity and advanced analytical capabilities. The company operates as a subsidiary of m-u-t AG since May 2018.
Yepzon
Venture Round in 2016
Yepzon is a prominent manufacturer and service provider of location devices, established in 2013 and headquartered in Tampere, Finland. The company specializes in creating simple yet effective tracking solutions for consumers and businesses, utilizing an advanced system that integrates GPS, WiFi, and 3G technologies. This multi-faceted approach allows Yepzon to offer superior indoor positioning capabilities and leverage Google database resources, positioning it as a leader in the location technology market. Its product lineup includes wearable devices designed to monitor and locate family members, pets, and other valuables, featuring industrial trackers that function effectively under various circumstances. These devices boast long battery life and quick connectivity to smartphones and tablets, providing users with reliable tracking and sensing solutions tailored to a range of needs.
Venuu is an event services company based in Southern Finland, founded in 2013. It operates an online booking platform that facilitates the reservation of various venues for events such as parties, weddings, seminars, and meetings. The platform allows users to search for and book comprehensive spaces, including banquets, meeting rooms, and saunas, catering to both private and business events. Additionally, Venuu provides venue owners with a cost-effective sales and marketing channel to reach potential customers, enabling them to list their spaces for increased visibility and bookings.
Linkker
Venture Round in 2016
Linkker is a manufacturer of electric buses that has been focused on innovative and sustainable transportation solutions for over a decade. The company aims to address the public transportation needs of the future by providing pollution-free and efficiently operated electric buses. Linkker's core technologies include lightweight chassis and body constructions, as well as energy-efficient drive systems, which have been developed through careful engineering and testing. The company first applied lightweight construction in a diesel bus in 2005, demonstrating its commitment to advancing vehicle technology in challenging road and climate conditions. By integrating electric vehicle technology with public transportation systems, Linkker’s buses enable cities worldwide to reduce fuel consumption and support environmental sustainability.
Linkker
Venture Round in 2015
Linkker is a manufacturer of electric buses that has been focused on innovative and sustainable transportation solutions for over a decade. The company aims to address the public transportation needs of the future by providing pollution-free and efficiently operated electric buses. Linkker's core technologies include lightweight chassis and body constructions, as well as energy-efficient drive systems, which have been developed through careful engineering and testing. The company first applied lightweight construction in a diesel bus in 2005, demonstrating its commitment to advancing vehicle technology in challenging road and climate conditions. By integrating electric vehicle technology with public transportation systems, Linkker’s buses enable cities worldwide to reduce fuel consumption and support environmental sustainability.
Yepzon
Venture Round in 2015
Yepzon is a prominent manufacturer and service provider of location devices, established in 2013 and headquartered in Tampere, Finland. The company specializes in creating simple yet effective tracking solutions for consumers and businesses, utilizing an advanced system that integrates GPS, WiFi, and 3G technologies. This multi-faceted approach allows Yepzon to offer superior indoor positioning capabilities and leverage Google database resources, positioning it as a leader in the location technology market. Its product lineup includes wearable devices designed to monitor and locate family members, pets, and other valuables, featuring industrial trackers that function effectively under various circumstances. These devices boast long battery life and quick connectivity to smartphones and tablets, providing users with reliable tracking and sensing solutions tailored to a range of needs.
Labrox is a privately owned Finnish instrument company established in 2011, specializing in the design, development, and manufacturing of multimode plate reader platforms, detection systems, and related components. The company serves academic laboratories, the pharmaceutical industry, and in-vitro diagnostics firms, providing high-quality instrument solutions tailored to meet various needs in pharmaceutical development, research, quality control, and manufacturing process monitoring. With a strong foundation in detection systems, mechanics, electronics, and software, Labrox is committed to delivering turnkey solutions that range from individual technology modules to advanced multimode readers, ensuring that their customers receive products that adhere to the highest standards of quality and performance.
Plantui is a Finnish company that specializes in smart indoor gardening solutions, specifically through the development of innovative flowerpots equipped with advanced light systems and automatic watering features. Founded in 2012, Plantui aims to enhance the gardening experience by enabling users to grow fresh herbs, salads, and medicinal plants in a hydroponic environment, regardless of location. The company's unique platform utilizes a combination of LED light recipes and irrigation rhythms tailored to the different growth phases of plants. This technology is complemented by an open interface that allows users to control their growing systems and share valuable information. Plantui's commitment to creating a happier and greener world through gardening has been recognized with accolades such as the prestigious Red Dot Design Award in 2015, further enhancing its market presence in Europe and Asia. In 2016, the company secured a global patent for its hydroponic gardening method, solidifying its position in the food technology sector.
Linkker is a manufacturer of electric buses that has been focused on innovative and sustainable transportation solutions for over a decade. The company aims to address the public transportation needs of the future by providing pollution-free and efficiently operated electric buses. Linkker's core technologies include lightweight chassis and body constructions, as well as energy-efficient drive systems, which have been developed through careful engineering and testing. The company first applied lightweight construction in a diesel bus in 2005, demonstrating its commitment to advancing vehicle technology in challenging road and climate conditions. By integrating electric vehicle technology with public transportation systems, Linkker’s buses enable cities worldwide to reduce fuel consumption and support environmental sustainability.
LNGTainer
Series A in 2014
LNGTainer Ltd. is a Finnish company, established in 2011 and headquartered in Helsinki, that specializes in the development of innovative containers for the transportation, storage, and direct usage of liquefied natural gas (LNG). The company's patented LNG containers are designed to integrate seamlessly with existing global infrastructure for handling standard shipping containers, making LNG distribution more accessible and cost-efficient. These containers utilize a modular design and offer a direct gas outlet, allowing easy connection to consumer gas systems. By eliminating the need for expensive, specialized vessels and large storage facilities, LNGTainer's solutions promote environmentally friendly energy distribution and broaden the market for LNG to a wider customer base, including ships, gas stations, and small power stations. Additionally, the containers feature a regasification system and monitoring capabilities, enhancing their usability for customers in the LNG energy sector.