Reaktor Ventures

Reaktor Ventures, the venture capital arm of Reaktor Innovations Oy, was established in 2012 and is based in Helsinki, Finland, with additional offices in Tokyo and New York. The firm specialized in incubation, startup, seed, early venture, and growth investments, with a focus on software-related business models. It typically invested between €50,000 and €1,000,000 in each portfolio company, preferring to lead seed rounds and take a minority stake of around 15 percent. However, Reaktor Ventures has ceased to make new investments and is now concentrating on supporting its existing portfolio companies. Between 2013 and 2018, it invested in 42 different companies and one early-stage fund, with plans to continue making follow-up investments to nurture its current holdings.

Marko Sibakov

Partner

Past deals in Finland

Valpas

Seed Round in 2022
Valpas Enterprises Oy is a Finnish company based in Helsinki that specializes in developing and manufacturing solutions to prevent bed bug infestations in the hospitality industry. The company's primary product is the Smart bed leg, a hardware technology designed to trap bed bugs, ensuring safety for both guests and hotels. Additionally, Valpas offers a web service that provides real-time updates on room status, enhancing operational efficiency. Valpas's solutions are highly regarded by notable hotels and temporary living providers, helping them maintain high hygiene standards while alleviating concerns over bed bugs. Founded in 2013 and previously known as Totem Hospitality Oy, Valpas aims to boost bookings and minimize operational headaches for its clients.

Videoly

Series A in 2022
Videoly is an automated video discovery and management tool for e-commerce. With Videoly online stores can get product videos (brand videos, reviews, unboxings, etc.) flowing automatically to their product pages without any manual work. Having videos on product pages have been A/B test proven to increase conversions, order value and time spent on site.

Swappie

Series C in 2022
Swappie.com is a safe and secure online store for refurbished smartphones where you can order affordable smartphones directly from our store, which have been tested and refurbished using the newest technology. Swappie refurbishes iPhones to the highest standards using the latest technology and reduces environmental waste. The company operates its own refurbishment factory in the Nordics and sells directly to consumers via its online store. All devices are fully inspected by Swappie’s professional technicians and every phone sold comes with a 12-month Swappie Warranty™.

Swappie

Series B in 2020
Swappie.com is a safe and secure online store for refurbished smartphones where you can order affordable smartphones directly from our store, which have been tested and refurbished using the newest technology. Swappie refurbishes iPhones to the highest standards using the latest technology and reduces environmental waste. The company operates its own refurbishment factory in the Nordics and sells directly to consumers via its online store. All devices are fully inspected by Swappie’s professional technicians and every phone sold comes with a 12-month Swappie Warranty™.

Glue Collaboration

Seed Round in 2019
In 2004, Santtu Parikka founded Fake Production, a VR and gaming studio that won multiple awards for animation. In recent years, as their passion for all things VR/AR has grown, they’ve been drawn to an important challenge: to enable people thousands of miles apart to collaborate effectively in virtual environments, just as they might in a real physical setting. In 2016, Santtu and their CTO Juha Ruistola revealed the first multi-user VR prototypes. These proved an instant hit. A year later, as they crystallized their new mission, vision and strategy, Glue was born. Since then, their 30-strong team has continued to build on their legacy and break new ground in multi-user VR software, developing Glue into the fully-featured virtual collaboration platform they are today.

Swappie

Series A in 2019
Swappie.com is a safe and secure online store for refurbished smartphones where you can order affordable smartphones directly from our store, which have been tested and refurbished using the newest technology. Swappie refurbishes iPhones to the highest standards using the latest technology and reduces environmental waste. The company operates its own refurbishment factory in the Nordics and sells directly to consumers via its online store. All devices are fully inspected by Swappie’s professional technicians and every phone sold comes with a 12-month Swappie Warranty™.

Kide Science

Seed Round in 2019
Kide Science Oy is an educational service provider based in Helsinki, Finland, dedicated to fostering scientific thinking skills in young children through play-based learning. Established in 2017, the company offers online kindergarten and hobby programs designed for educators and parents, featuring hands-on experiments that address real science problems. The pedagogical approach, developed by Founder Jenni Vartiainen, PhD, is grounded in extensive academic research and aims to enhance learning outcomes for children aged 3 to 8. Kide Science has successfully expanded its reach to 14 global markets, with a notable customer base in Finland, including partnerships with the City of Helsinki and the largest private kindergarten chain. The company also produces a TV show for YLE, Finland's national broadcaster, and has established agreements in regions such as MENA and the Far East, including a significant collaboration with a large chain of learning centers in China.

Valpas

Seed Round in 2018
Valpas Enterprises Oy is a Finnish company based in Helsinki that specializes in developing and manufacturing solutions to prevent bed bug infestations in the hospitality industry. The company's primary product is the Smart bed leg, a hardware technology designed to trap bed bugs, ensuring safety for both guests and hotels. Additionally, Valpas offers a web service that provides real-time updates on room status, enhancing operational efficiency. Valpas's solutions are highly regarded by notable hotels and temporary living providers, helping them maintain high hygiene standards while alleviating concerns over bed bugs. Founded in 2013 and previously known as Totem Hospitality Oy, Valpas aims to boost bookings and minimize operational headaches for its clients.

Mount Kelvin

Venture Round in 2018
Mount Kelvin creates delightful indoor experiences. We build hotel room controls that change the whole game. Modern hotel room by Mount Kelvin offers excellent customer experience, generates data to drive upsell and cost savings. Mount Kelvin is a cloud connected, software based building automation system. It gives perfect control of lighting, curtains, heating, air conditioning etc. through wireless and battery-free switches, a mobile app and voice control as user interfaces. A wide range of compatible sensors provide data on guest room status and alerts among other things.

Kaiku Health

Series A in 2018
Kaiku Health Oy develops and delivers user-centered software solutions for patients, doctors, and nurses to communicate online. It develops a communication and follow-up solution for cancer patients to communicate with medical staff in Swedish, English, German, and Finnish languages. The company serves clinics and university hospitals in Finland, Sweden, and Switzerland. Kaiku Health Oy was formerly known as Netmedi Oy and changed its name to Kaiku Health Oy in September 2017. The company was founded in 2012 and is based in Helsinki, Finland. As of May 15, 2020, Kaiku Health Oy operates as a subsidiary of Elekta AB (publ).

Valohai

Pre Seed Round in 2018
Valohai Oy develops and offers online platform for machine learning. The company's platform automates machine-learning infrastructure for its users. The company enables its users including developers and researchers by providing a digital space where users can run, iterate, and collaborate on machine learning experiments and solutions. The company focuses on empowering data science professionals by maintaining tool-agnostic machine infrastructure, making experiments reproducible, encouraging sharing, reducing manual labor, and keeping everything cost-efficient. The company was founded in 2016 and is headquartered in Turku, Finland.

Kide Science

Pre Seed Round in 2017
Kide Science Oy is an educational service provider based in Helsinki, Finland, dedicated to fostering scientific thinking skills in young children through play-based learning. Established in 2017, the company offers online kindergarten and hobby programs designed for educators and parents, featuring hands-on experiments that address real science problems. The pedagogical approach, developed by Founder Jenni Vartiainen, PhD, is grounded in extensive academic research and aims to enhance learning outcomes for children aged 3 to 8. Kide Science has successfully expanded its reach to 14 global markets, with a notable customer base in Finland, including partnerships with the City of Helsinki and the largest private kindergarten chain. The company also produces a TV show for YLE, Finland's national broadcaster, and has established agreements in regions such as MENA and the Far East, including a significant collaboration with a large chain of learning centers in China.

Neverthink

Seed Round in 2017
Neverthink Oy operates an online platform and a mobile application that aggregates video content from various online sources, including Reuters, YouTube, and Reddit. The platform organizes this content into dedicated channels such as news, music, food, beauty, technology, adventure, and talk shows, making it easy for users to find engaging videos without the hassle of searching or scrolling. Founded in 2016 and based in Helsinki, Finland, Neverthink aims to simplify the video viewing experience by providing a continuous stream of curated content across multiple categories. The service is available on both Android and iOS devices, catering to users looking for a convenient way to consume diverse video offerings.

Valossa

Series A in 2017
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.

Matchmade

Series A in 2017
Matchmade is a platform designed to facilitate performance-driven influencer marketing, specifically focusing on the mobile gaming sector. It connects advertisers with influencers to create targeted and measurable marketing campaigns. By providing tools that streamline the collaboration process, Matchmade enables brands to effectively reach their desired audience through influential voices in the gaming community. The platform emphasizes intelligence in influencer selection, ensuring that marketing efforts are both efficient and impactful.

Singa

Seed Round in 2017
Singa is the Spotify of karaoke for personal and commercial use. Access a catalog of 20 000+ songs to sing effortlessly anywhere, any time and with any platform. Easy to use is Singa’s main operating principle. You don’t need to buy a console, or a microphone, or even a DVD-player. Singa is platform agnostic. To use Singa, you’ve already got everything you need either in your pocket (mobile phone), on your table (PC) or in your living room (TV). * One account works on all devices, mobile, browser or Smart TV * Each user gets to test Singa for free before signing up to a Premium account * Singa works fluently with external accessories

Neverthink

Pre Seed Round in 2017
Neverthink Oy operates an online platform and a mobile application that aggregates video content from various online sources, including Reuters, YouTube, and Reddit. The platform organizes this content into dedicated channels such as news, music, food, beauty, technology, adventure, and talk shows, making it easy for users to find engaging videos without the hassle of searching or scrolling. Founded in 2016 and based in Helsinki, Finland, Neverthink aims to simplify the video viewing experience by providing a continuous stream of curated content across multiple categories. The service is available on both Android and iOS devices, catering to users looking for a convenient way to consume diverse video offerings.

Timma

Seed Round in 2016
Timma is an online platform that specializes in on-demand booking services for the hair and beauty industry. It caters to both industry professionals and consumers. For professionals, Timma offers calendar and cashier software as a service, streamlining their operations. For consumers, the platform provides a last-minute booking option, allowing users to easily find and book hair and beauty services from nearby providers based on price, rating, and availability. This service enables customers to quickly access beauty treatments at their convenience. Timma's goal is to digitalize the entire hair and beauty industry, enhancing the booking experience for both service providers and consumers.

Videoly

Seed Round in 2016
Videoly is an automated video discovery and management tool for e-commerce. With Videoly online stores can get product videos (brand videos, reviews, unboxings, etc.) flowing automatically to their product pages without any manual work. Having videos on product pages have been A/B test proven to increase conversions, order value and time spent on site.

Kaiku Health

Seed Round in 2016
Kaiku Health Oy develops and delivers user-centered software solutions for patients, doctors, and nurses to communicate online. It develops a communication and follow-up solution for cancer patients to communicate with medical staff in Swedish, English, German, and Finnish languages. The company serves clinics and university hospitals in Finland, Sweden, and Switzerland. Kaiku Health Oy was formerly known as Netmedi Oy and changed its name to Kaiku Health Oy in September 2017. The company was founded in 2012 and is based in Helsinki, Finland. As of May 15, 2020, Kaiku Health Oy operates as a subsidiary of Elekta AB (publ).

Armada Interactive

Seed Round in 2016
Armada Interactive Oy is a mobile game development company based in Helsinki, Finland, founded in 2015. The firm specializes in creating next-generation core mobile games, focusing on the development of high-quality, freemium, and real-time multiplayer experiences. Armada Interactive aims to offer players a uniquely engaging gaming experience that combines challenge and entertainment, ensuring that mobile accessibility does not compromise the quality of gameplay.

Meru Health

Seed Round in 2016
Meru Health, Inc. develops an application that connects patients to licensed therapists for a 12-week program to treat people experiencing stress, depression, anxiety, and other mental health issues. The company provides a licensed-clinician-supported, mobile phone-based digital therapeutic program for depression and anxiety. The company was founded in 2016 and is based in San Mateo, California. It has additional offices in Palo Alto, California and Helsinki, Finland.

Singa

Seed Round in 2015
Singa is the Spotify of karaoke for personal and commercial use. Access a catalog of 20 000+ songs to sing effortlessly anywhere, any time and with any platform. Easy to use is Singa’s main operating principle. You don’t need to buy a console, or a microphone, or even a DVD-player. Singa is platform agnostic. To use Singa, you’ve already got everything you need either in your pocket (mobile phone), on your table (PC) or in your living room (TV). * One account works on all devices, mobile, browser or Smart TV * Each user gets to test Singa for free before signing up to a Premium account * Singa works fluently with external accessories

Epic Foods

Angel Round in 2015
Epic Foods will replace your kitchen. It is a food tech company that combines sourcing, cooking and delivery, with minimal waste, emissions and costs. You pre-order for your family, and feed them healthy and affordable meals on a regular basis. The team comes from Facebook, Rocket and Michelin restaurants. Epic sold it's first 100,000 meals in Helsinki to build the world's leading unit economics, and is now scaling in Europe. Epic Foods was founded in 2014 in Finland.

KNOMI

Seed Round in 2015
knomi Oy operates a social discovery platform for fashion lovers. Its platform connects people and products, as well as creates social engagement around the products, brands, and physical stores. The company’s solution allows users to find, share, suggest, and compare fashion pieces with fellow fashion lovers, editors, stylists, bloggers, designers, and boutiques. knomi Oy was incorporated in 2013 and is based in Helsinki, Finland.

Venuu

Seed Round in 2015
Venuu Oy provides online booking service for banquets, meeting rooms, sauna, and event facilities in Finland and Sweden. The company offers its services for corporate and private events such as parties, meetings, dinners, lunch and breakfast events, summer and Christmas parties, and graduations and birthdays parties. The company was founded in 2013 and is based in Helsinki, Finland.

Matchmade

Seed Round in 2015
Matchmade is a platform designed to facilitate performance-driven influencer marketing, specifically focusing on the mobile gaming sector. It connects advertisers with influencers to create targeted and measurable marketing campaigns. By providing tools that streamline the collaboration process, Matchmade enables brands to effectively reach their desired audience through influential voices in the gaming community. The platform emphasizes intelligence in influencer selection, ensuring that marketing efforts are both efficient and impactful.

Stylewhile

Venture Round in 2014
Stylewhile creates next generation fashion shopping experience on mobile. With Stylewhile, users can try and buy outfits instead of just clothes. Based in Helsinki, Finland, Stylewhile targets the US apparel e-commerce with a strong team with backgrounds in games, e-commerce and apps. Stylewhile was launched on iOS in September 2013 together with Saks Fifth Avenue. The company is backed by Lifeline Ventures, Harwick Overseas and Reaktor Polte.

Sharetribe

Seed Round in 2014
Sharetribe is the easiest way to create your own peer-to-peer marketplace website in the spirit of Airbnb, Fiverr or Etsy. In Sharetribe marketplaces, the members can rent or sell products, services or spaces to each other. Our platform enables anyone to create such a site without coding skills. Setting the site up is super easy and only takes a couple of minutes. The Sharetribe platform powers numerous marketplaces in 15 countries. Our mission is to make it accessible and affordable for anyone around the world to create their own marketplace site.

Oppex

Seed Round in 2014
Oppex Ltd provides a search engine for public sector bidding contests for sales opportunities. It focuses on helping sales organizations to discover new business opportunities from the public sector. The company serves both large international corporations and small local enterprises. Oppex Ltd was founded in 2009 and is based in Helsinki, Finland.

Videoly

Seed Round in 2014
Videoly is an automated video discovery and management tool for e-commerce. With Videoly online stores can get product videos (brand videos, reviews, unboxings, etc.) flowing automatically to their product pages without any manual work. Having videos on product pages have been A/B test proven to increase conversions, order value and time spent on site.

Two Men and a Dog

Seed Round in 2014
Two Men and a Dog is a game development studio located in Helsinki, Finland, specializing in the creation of mobile games. The studio draws inspiration from a diverse range of sources, including oddball cartoons, genre films, cult television series, and classic adventure games. Their unique approach combines quirky ideas with vivid storytelling, resulting in original games populated by distinctive characters and engaging narratives. The team comprises experienced professionals who have previously worked on recognized mobile gaming characters and have produced award-winning digital content for major global brands. Through their innovative designs, Two Men and a Dog aims to captivate and entertain game enthusiasts.

Huimio

Seed Round in 2014
Huimio is a software company that offers a practicing tool for amateur and professional musicians. The company offers Tunemio, a tool that enables its users to record their music, play along to various songs on their devices via iTunes, keep track of how much time and effort they have put in practicing, and keep tabs on their progress and focus on issues that still need to be worked on by listening to their practicing. It also maintains a journal of their rehearsals and tracks their achievements. Huimio was founded in 2012 and is based in Helsinki, Finland.

Mendor

Venture Round in 2014
Mendor is a Finnish company, committed to the design, development and marketing of advanced diabetes management products. Mendor has launched a revolutionary, discreet, easy to use, portable all-in-one blood glucose meter and web-based software application for the daily management of diabetes. Mendor has designed its products together with users and diabetes experts to address the needs of people with diabetes requiring regular blood glucose monitoring.

MyNextRun

Seed Round in 2014
MyNextRun is the biggest online running calendar in the world, with nearly 15000 events to be discovered. User can look for events based on distance, location, date and type of event.

Venuu

Seed Round in 2014
Venuu Oy provides online booking service for banquets, meeting rooms, sauna, and event facilities in Finland and Sweden. The company offers its services for corporate and private events such as parties, meetings, dinners, lunch and breakfast events, summer and Christmas parties, and graduations and birthdays parties. The company was founded in 2013 and is based in Helsinki, Finland.

Musopia

Seed Round in 2014
Musopia Ltd. is a music application development studio based in Helsinki, Finland, focused on creating software for learning guitar and ukulele. Founded in 2011, the company offers a range of applications, including FourChords, ChordShaker, Ukeoke, and various branded tools that facilitate music education. Musopia collaborates with guitar manufacturers to enhance learning experiences, aiming to transform beginner and intermediate players into loyal users. By making music education accessible and affordable, Musopia supports aspiring musicians in their journey to play instruments easily.

Mendor

Venture Round in 2014
Mendor is a Finnish company, committed to the design, development and marketing of advanced diabetes management products. Mendor has launched a revolutionary, discreet, easy to use, portable all-in-one blood glucose meter and web-based software application for the daily management of diabetes. Mendor has designed its products together with users and diabetes experts to address the needs of people with diabetes requiring regular blood glucose monitoring.

Sharetribe

Seed Round in 2013
Sharetribe is the easiest way to create your own peer-to-peer marketplace website in the spirit of Airbnb, Fiverr or Etsy. In Sharetribe marketplaces, the members can rent or sell products, services or spaces to each other. Our platform enables anyone to create such a site without coding skills. Setting the site up is super easy and only takes a couple of minutes. The Sharetribe platform powers numerous marketplaces in 15 countries. Our mission is to make it accessible and affordable for anyone around the world to create their own marketplace site.

Kaiku Health

Seed Round in 2013
Kaiku Health Oy develops and delivers user-centered software solutions for patients, doctors, and nurses to communicate online. It develops a communication and follow-up solution for cancer patients to communicate with medical staff in Swedish, English, German, and Finnish languages. The company serves clinics and university hospitals in Finland, Sweden, and Switzerland. Kaiku Health Oy was formerly known as Netmedi Oy and changed its name to Kaiku Health Oy in September 2017. The company was founded in 2012 and is based in Helsinki, Finland. As of May 15, 2020, Kaiku Health Oy operates as a subsidiary of Elekta AB (publ).

Stylewhile

Seed Round in 2013
Stylewhile creates next generation fashion shopping experience on mobile. With Stylewhile, users can try and buy outfits instead of just clothes. Based in Helsinki, Finland, Stylewhile targets the US apparel e-commerce with a strong team with backgrounds in games, e-commerce and apps. Stylewhile was launched on iOS in September 2013 together with Saks Fifth Avenue. The company is backed by Lifeline Ventures, Harwick Overseas and Reaktor Polte.

Tellybean

Seed Round in 2013
Tellybean Ltd. provides video calling solutions through its television and Web applications. Its applications enable users to connect with their families and friends through life-sized video calling on Android TVs and on the Web. The company was incorporated in 2011 and is based in Helsinki, Finland.

Mendor

Venture Round in 2013
Mendor is a Finnish company, committed to the design, development and marketing of advanced diabetes management products. Mendor has launched a revolutionary, discreet, easy to use, portable all-in-one blood glucose meter and web-based software application for the daily management of diabetes. Mendor has designed its products together with users and diabetes experts to address the needs of people with diabetes requiring regular blood glucose monitoring.

MyNextRun

Seed Round in 2013
MyNextRun is the biggest online running calendar in the world, with nearly 15000 events to be discovered. User can look for events based on distance, location, date and type of event.

Ninchat

Seed Round in 2013
Ninchat is a secure white-label chat platform designed for demanding customers, focusing on providing flexible communication tools that integrate seamlessly with customer backend systems. It offers various functionalities, including one-on-one chat on websites, mobile responsiveness, and embedding within native mobile applications and social media platforms like Facebook. Ninchat emphasizes enhanced security, featuring encryption standards that surpass those of many online banks, along with superior market statistics and real-time customer satisfaction ratings. The platform's multi-channel capabilities allow it to function across different environments, including online ad networks. Ninchat also integrates with customer relationship management (CRM) and contact center systems, primarily targeting large enterprises such as banks, insurance firms, and media organizations. Founded in Finland, the company is currently seeking investment to expand its international operations.

Avansera

Seed Round in 2013
Avansera delivers real-time predictive analytics and targeted digital marketing solutions for FMCG companies to improve their marketing and supply chain processes. Consumer actions and purchase data is recorded live from active user interaction with Avansera's Ostosnero (ShopperStar) grocery shopping information and optimization platform.