Spintop Ventures

Spintop Ventures is a venture capital firm based in Stockholm, Sweden, founded in 2009 by a group of experienced tech entrepreneurs and investors. The firm specializes in early-stage investments, focusing primarily on technology startups in sectors such as software, e-commerce, and software-as-a-service. With a strong network of successful entrepreneurs and institutional investors, Spintop Ventures has made over 35 investments in growing startups, successfully exiting from four of these ventures. The firm's investment strategy emphasizes the Scandinavian region, aiming to support innovative companies during their critical growth phases.

Helen Agering

Partner

Peter Carlsson

Partner

Amanda Lindqvist

Investor

Sami Niemi

Partner

Isabel Nilson

Investor

Finn Persson

Partner and Co-Founder

Ari-Pekka Salovaara

Investor

Erik Wenngren

Co-Founder and Partner

Past deals in Finland

Cambri

Series A in 2021
Cambri is concept testing software that helps global brands accelerate their innovation process.

IPRally

Seed Round in 2021
IPRally is a web application designed to enhance the patent business through advanced artificial intelligence technology. Founded by Juuso Piskonen, Juho Kallio, and Sakari Arvela, the company employs a team of five experts in patents, software, and AI to develop an AI system that mimics the reasoning of patent professionals. By leveraging historical patent examination data, IPRally trains its neural network to perform tasks such as rapid and precise patentability evaluations, invalidation searches, and freedom-to-operate analyses. This innovative approach aims to streamline and improve the efficiency of various patent-related processes.

Dazzle Rocks

Series A in 2020
Dazzle Rocks Oy is a mobile game development studio based in Helsinki, Finland, founded in 2014 by industry veterans. The company specializes in creating social multiplayer mobile games that connect players globally through immersive experiences. Dazzle Rocks aims to empower gamers to build and expand communities within a massive multiplayer online environment. Its games, designed to appeal to both East Asian and Western markets, feature female-friendly user interface and experience elements. The proprietary engine developed by Dazzle Rocks is highly scalable and adaptable for future projects, supporting virtual world-building, a virtual economy, and real-time social interactions during gameplay. The company's first game is currently in beta testing and is expected to launch in the latter half of 2020.

Small Giant

Venture Round in 2018
Small Giant Games was founded in early 2013 with the belief that small, talented teams can do extraordinary things. We bring years of experience to the table, with a crew of top players in game development, software engineering and graphic design. We’re based right in the heart of downtown Helsinki, Finland.

Flashnode

Seed Round in 2017
Flashnode Oy specializes in providing integration services that connect various business applications, both cloud-based and on-premise. The company’s platform facilitates communication between different software systems, allowing e-commerce businesses to synchronize their web shops with other applications and enabling sales organizations to link their CRM systems with essential customer data. Additionally, accountants can integrate their accounting software with clients' business applications for streamlined operations. Flashnode serves a diverse range of industries, including SaaS providers, CRM and ERP systems, payment processing, and logistics. Founded in 2014 and headquartered in Jyväskylä, Finland, Flashnode aims to automate and optimize business processes through efficient data integration.

Freska

Venture Round in 2017
Freska Finland Oy operates an on-demand online home cleaning service platform based in Helsinki, Finland, and was founded in 2015. The company is recognized as one of the leading tech start-ups in Finland, aiming to disrupt the traditional home cleaning industry in the Nordics. Freska provides customers with a flexible and user-friendly online interface and mobile app to select cleaning services, manage subscriptions, and schedule appointments. The platform not only focuses on delivering high-quality cleaning but also emphasizes job creation by employing skilled professionals who undergo a rigorous recruitment and onboarding process. This approach ensures that cleaners are well-compensated and part of a supportive community, enhancing both service quality and worker satisfaction.

Small Giant

Series A in 2017
Small Giant Games was founded in early 2013 with the belief that small, talented teams can do extraordinary things. We bring years of experience to the table, with a crew of top players in game development, software engineering and graphic design. We’re based right in the heart of downtown Helsinki, Finland.

Flashnode

Seed Round in 2015
Flashnode Oy specializes in providing integration services that connect various business applications, both cloud-based and on-premise. The company’s platform facilitates communication between different software systems, allowing e-commerce businesses to synchronize their web shops with other applications and enabling sales organizations to link their CRM systems with essential customer data. Additionally, accountants can integrate their accounting software with clients' business applications for streamlined operations. Flashnode serves a diverse range of industries, including SaaS providers, CRM and ERP systems, payment processing, and logistics. Founded in 2014 and headquartered in Jyväskylä, Finland, Flashnode aims to automate and optimize business processes through efficient data integration.

Small Giant

Seed Round in 2014
Small Giant Games was founded in early 2013 with the belief that small, talented teams can do extraordinary things. We bring years of experience to the table, with a crew of top players in game development, software engineering and graphic design. We’re based right in the heart of downtown Helsinki, Finland.

MariaDB

Series B in 2013
MariaDB Corporation Ab develops and delivers an open source relational database designed for database administrators and application developers. The company offers MariaDB Enterprise, an enterprise-grade database solution that includes features such as backup and recovery, support, and monitoring. This subscription-based service supports organizations using MariaDB and MySQL in production environments. In addition to its core offerings, MariaDB provides a variety of services including architecture planning, database migration, performance tuning, and training. The company has a significant presence in the cloud, operating in major public clouds and Linux distributions, and serves a diverse range of clients, including many Fortune 500 companies. Founded in 2010 and headquartered in Espoo, Finland, with additional offices in California, MariaDB is supported by the MariaDB Foundation, which promotes continuity and collaboration in the MariaDB ecosystem.
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