StemSight
Seed Round in 2025
StemSight is a Tampere, Finland-based cell therapy startup focused on developing innovative treatments for blindness. The company has created an off-the-shelf cell therapy platform that utilizes induced pluripotent stem cells (iPSCs) and biomaterials. Its initial target is to provide a first-in-class therapy for limbal stem cell deficiency, a rare condition leading to corneal blindness. StemSight aims to expand its offerings over time to address more common forms of corneal blindness, ultimately enabling patients suffering from these conditions to regain their vision.
Betolar Ltd., established in 2013 and headquartered in Kannonkoski, Finland, specializes in transforming industrial waste streams from energy, mining, and forestry sectors into geopolymer concrete. The company offers a range of products including concrete mixes, soil stabilization materials, and serves clients across construction industries such as ground engineering, mining, landscaping, and building materials. Betolar's core mission is to facilitate the green transition in various industries by providing sustainable, low-carbon alternatives to traditional cement-based concrete.
Origin by Ocean
Seed Round in 2023
Origin by Ocean, established in 2019, is a Finland-based company specializing in the biorefining of algae. The company employs a patented process to extract valuable bio-based chemicals from harvested invasive algae and sustainably farmed seaweed. These organic, algae-derived products serve as alternatives to conventional chemical ingredients across various sectors, including food and beverage, cosmetics, hygiene, and textiles. Origin by Ocean's innovative approach not only provides sustainable ingredients for its clients but also addresses the environmental challenge of ocean eutrophication by harvesting excess nutrients. Furthermore, the company supports coastal entrepreneurs by fostering livelihoods in the regions where it operates, starting with initiatives in the Baltic Sea and the Caribbean.
SemiQon
Pre Seed Round in 2023
SemiQon is a company that specializes in the development of silicon-based quantum processors, emerging from the VTT Technical Research Centre of Finland. The firm focuses on innovative semiconductor qubit technology designed to facilitate the scaling of quantum computing. By providing commercially competitive solutions tailored for mass production, SemiQon aims to support the computer hardware manufacturing sector in creating quantum processors capable of meeting the demands of the million-qubit era.
ElFys
Venture Round in 2022
ElFys Inc. is a Finnish company founded in 2017, specializing in the manufacture of advanced photodetectors and photodiode technologies. Headquartered in Espoo, Finland, the company emerged to commercialize innovative technologies developed by university researchers, which are protected by patent families. ElFys operates from the Micronova Nanofabrication Center, which offers state-of-the-art CMOS-compatible facilities for research and semi-mass production. The company leverages extensive expertise in silicon photovoltaics and applies related innovations to its photodiode products. Key aspects of its manufacturing process include surface passivation and defect engineering, which are crucial for enhancing the performance and response of their photodiodes. Their products find applications in various fields, including X-ray imaging, spectroscopy, and light sensing.
Adamant Health
Seed Round in 2022
Adamant Health is a technology company focused on enhancing the care of Parkinson's disease through innovative measurement and analysis tools. Drawing on over 15 years of academic research from the University of Eastern Finland, the company has developed advanced devices that utilize a combination of motion sensing and electromyography to measure and analyze symptoms associated with the disease. By providing clinicians with detailed insights into a patient's condition over several days, Adamant Health enables the optimization of treatment plans. Additionally, the data collected serves as valuable real-world evidence for pharmaceutical companies, aiding in clinical and post-market studies and supporting personalized medication strategies. This approach allows for better understanding and management of Parkinson's disease in both clinical and home settings.
ElFys Inc. is a Finnish company founded in 2017, specializing in the manufacture of advanced photodetectors and photodiode technologies. Headquartered in Espoo, Finland, the company emerged to commercialize innovative technologies developed by university researchers, which are protected by patent families. ElFys operates from the Micronova Nanofabrication Center, which offers state-of-the-art CMOS-compatible facilities for research and semi-mass production. The company leverages extensive expertise in silicon photovoltaics and applies related innovations to its photodiode products. Key aspects of its manufacturing process include surface passivation and defect engineering, which are crucial for enhancing the performance and response of their photodiodes. Their products find applications in various fields, including X-ray imaging, spectroscopy, and light sensing.
StemSight
Seed Round in 2021
StemSight is a Tampere, Finland-based cell therapy startup focused on developing innovative treatments for blindness. The company has created an off-the-shelf cell therapy platform that utilizes induced pluripotent stem cells (iPSCs) and biomaterials. Its initial target is to provide a first-in-class therapy for limbal stem cell deficiency, a rare condition leading to corneal blindness. StemSight aims to expand its offerings over time to address more common forms of corneal blindness, ultimately enabling patients suffering from these conditions to regain their vision.
Adamant Health
Pre Seed Round in 2020
Adamant Health is a technology company focused on enhancing the care of Parkinson's disease through innovative measurement and analysis tools. Drawing on over 15 years of academic research from the University of Eastern Finland, the company has developed advanced devices that utilize a combination of motion sensing and electromyography to measure and analyze symptoms associated with the disease. By providing clinicians with detailed insights into a patient's condition over several days, Adamant Health enables the optimization of treatment plans. Additionally, the data collected serves as valuable real-world evidence for pharmaceutical companies, aiding in clinical and post-market studies and supporting personalized medication strategies. This approach allows for better understanding and management of Parkinson's disease in both clinical and home settings.
Betolar
Venture Round in 2020
Betolar Ltd., established in 2013 and headquartered in Kannonkoski, Finland, specializes in transforming industrial waste streams from energy, mining, and forestry sectors into geopolymer concrete. The company offers a range of products including concrete mixes, soil stabilization materials, and serves clients across construction industries such as ground engineering, mining, landscaping, and building materials. Betolar's core mission is to facilitate the green transition in various industries by providing sustainable, low-carbon alternatives to traditional cement-based concrete.
Sofi Filtration
Venture Round in 2020
Sofi Filtration Oy is a Finnish company established in 2011, specializing in the design and manufacture of advanced water filtration and process wastewater handling solutions. Based in Espoo, the company serves various industries, including mining, metallurgy, oil and gas, and power generation. Sofi Filtration's offerings include innovative technologies such as automated, energy-efficient, and self-cleaning microfiltration systems. These solutions are designed to provide solids-free water for reverse osmosis, treat flue gas wastewater, manage cooling water, and facilitate the recycling of process water. By enhancing water recirculation rates and ensuring effective wastewater treatment, Sofi Filtration aims to deliver high-performance water treatment services to its global clientele.
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.
Iiwari Tracking Solutions
Seed Round in 2020
Iiwari Tracking Solutions Oy, established in 2018 and located in Vuokatti, Finland, specializes in designing and developing indoor positioning and tracking solutions. The company offers advanced tools and software tailored for various industries, leveraging technology to enhance location accuracy and operational efficiency. Iiwari Tracking Solutions has acquired key licenses from VTT, enabling it to operate on a global scale. It maintains a presence in the Nordic region and the United States through a network of integrators, allowing it to effectively deliver its innovative services across these markets.
Geyser Batteries
Seed Round in 2019
Geyser Batteries Oy is a Finnish company based in Vaasa, established in 2018, that specializes in the development and manufacturing of advanced high-power batteries. The company focuses on producing ultra-durable batteries capable of enduring millions of charge and discharge cycles, making them suitable for demanding applications in transportation, power grid management, and heavy machinery. Geyser Batteries utilizes a proprietary water-based electrochemistry and patent-pending technology that merges the energy storage capabilities of traditional batteries and supercapacitors, enhancing energy capacity while ensuring environmental safety throughout production, use, and disposal. Their batteries are designed for rapid charging and reliability, functioning effectively even in extreme temperatures as low as -60°C. Additionally, they are maintenance-free and fire-safe, making them an ideal choice for applications where safety and efficiency are paramount.
ElFys Inc. is a Finnish company founded in 2017, specializing in the manufacture of advanced photodetectors and photodiode technologies. Headquartered in Espoo, Finland, the company emerged to commercialize innovative technologies developed by university researchers, which are protected by patent families. ElFys operates from the Micronova Nanofabrication Center, which offers state-of-the-art CMOS-compatible facilities for research and semi-mass production. The company leverages extensive expertise in silicon photovoltaics and applies related innovations to its photodiode products. Key aspects of its manufacturing process include surface passivation and defect engineering, which are crucial for enhancing the performance and response of their photodiodes. Their products find applications in various fields, including X-ray imaging, spectroscopy, and light sensing.