VTT Ventures Ltd, established in 2010, is the venture capital arm of VTT Technical Research Centre of Finland, a state-owned, leading European research institution. Based in Espoo, Finland, the firm specializes in early-stage investments, focusing on pre-seed, seed, and start-up phases, as well as spin-offs. VTT Ventures invests across various sectors, including imaging and optics, IoT and electronics, life science, materials and manufacturing, sensing and diagnostics, software, and ICT. It uses straight equity and convertible debt financing instruments, typically investing between EUR 0.11 million and EUR 0.6 million per transaction. The firm seeks minority stakes up to 25% in companies with revenue up to EUR 1 million and enterprise value between EUR 2 million and EUR 5 million. VTT Ventures aims to be an active owner, taking up a Board seat, and seeks to exit its investments within five years. It prefers to invest from its balance sheet and focuses on Finland-based companies with international growth potential.
TactoTek specializes in injection-molded structural electronics (IMSE®), focusing on the development and licensing of technologies that enable the integration of circuits and components directly into plastic parts. This innovation allows for the transformation of traditional structures into smart, interactive surfaces, catering to sectors such as automotive, aviation, connected home, industrial control, and medical applications. TactoTek's intellectual property portfolio includes over 280 patents and extensive expertise acquired through years of research and development. The company partners with global manufacturers to implement reliable and standardized production methods for curved and conformal electronics, thereby facilitating cost-effective and scalable design solutions that enhance user experiences while promoting sustainability.
Solar Foods
Series B in 2023
Solar Foods Ltd. is a food-tech startup based in Lappeenranta, Finland, founded in 2017. The company specializes in producing a sustainable protein called Solein, which serves as an alternative to animal-derived proteins. Solein is developed through a unique process that combines electricity, hydrogen, carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This method utilizes gas fermentation, allowing the production of edible calories from hydrogen-oxidizing microbes without reliance on traditional agriculture, weather, or climate conditions. Solar Foods aims to provide nutritious food ingredients and plant-based meat alternatives that promote sustainability in food production.
Steady Energy
Seed Round in 2023
Steady Energy focuses on decarbonizing the energy-intensive heating industry, beginning with residential and district heating solutions. The company manufactures low-temperature nuclear reactors that are designed to produce carbon-neutral heat for both district heating and industrial applications. These innovative reactors operate at significantly lower temperatures and pressures compared to traditional nuclear reactors, enhancing their safety and efficiency. By offering a viable path for companies to achieve carbon neutrality, Steady Energy plays a crucial role in transforming heating practices in a sustainable manner.
Infinited Fiber
Series B in 2023
Infinited Fiber Company Oy is a Finnish textile chemical recycling firm founded in 2016 and based in Espoo, Finland. The company specializes in a patented technology that transforms cellulose-rich materials, such as cotton-rich textile waste, used cardboard, and agricultural byproducts, into high-quality fibers that resemble cotton. This innovative approach addresses the environmental challenge of textile waste by converting materials that would typically be landfilled or incinerated into valuable resources for the textile industry. The technology has received validation from leading fashion brands and is poised for scaling. Infinited Fiber has been recognized for its contributions to sustainability, winning awards and being featured in notable industry listings.
Dispelix
Series B in 2021
Dispelix Oy specializes in designing and manufacturing optical see-through displays for smart glasses and augmented reality applications. The company's flagship product, DiSPEL, is a near-to-the-eye display that uses a lens-like light guide to project virtual images into the user's field of view. Dispelix develops advanced waveguide combiners that serve as transparent displays in extended reality devices, effectively blending virtual elements with the real world. The company caters to industry leaders in the XR sector, helping to innovate and enhance the functionality of XR wearables. Founded in 2015 and headquartered in Espoo, Finland, Dispelix also operates subsidiaries in the United States and China.
Kuva Space
Funding Round in 2021
Kuva Space utilizes a constellation of nanosatellites equipped with hyperspectral imaging technology to provide critical data for managing natural resources and promoting sustainable economic growth. The company's GREEN DATA® platform leverages artificial intelligence to offer actionable insights that address significant global challenges such as climate change, disaster response, food demand, and safety. By enabling clients to monitor agricultural productivity, optimize land use, and make informed investment decisions, Kuva Space facilitates regional carbon sequestration measurement, aids in forest fire prevention, and detects gas leaks. Overall, Kuva Space aims to enhance life on Earth through advanced satellite technology and data-driven solutions.
Dispelix
Series A in 2018
Dispelix Oy specializes in designing and manufacturing optical see-through displays for smart glasses and augmented reality applications. The company's flagship product, DiSPEL, is a near-to-the-eye display that uses a lens-like light guide to project virtual images into the user's field of view. Dispelix develops advanced waveguide combiners that serve as transparent displays in extended reality devices, effectively blending virtual elements with the real world. The company caters to industry leaders in the XR sector, helping to innovate and enhance the functionality of XR wearables. Founded in 2015 and headquartered in Espoo, Finland, Dispelix also operates subsidiaries in the United States and China.
Solar Foods
Venture Round in 2018
Solar Foods Ltd. is a food-tech startup based in Lappeenranta, Finland, founded in 2017. The company specializes in producing a sustainable protein called Solein, which serves as an alternative to animal-derived proteins. Solein is developed through a unique process that combines electricity, hydrogen, carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This method utilizes gas fermentation, allowing the production of edible calories from hydrogen-oxidizing microbes without reliance on traditional agriculture, weather, or climate conditions. Solar Foods aims to provide nutritious food ingredients and plant-based meat alternatives that promote sustainability in food production.
Quanturi Oy
Venture Round in 2018
Quanturi Oy is a Finnish company founded in 2016 and headquartered in Espoo, specializing in continuous monitoring solutions for fermentable products. The company develops and markets connected objects and systems for data analysis, focusing on agricultural, forestry, and waste management sectors. Its product offerings include wireless monitoring systems for compost temperature, grain management, hay monitoring, and other industrial temperature applications. Quanturi Oy also sells its products online and has expanded its presence to several countries, including France, Great Britain, the Netherlands, Switzerland, Italy, and Belgium.
Minima Processor
Seed Round in 2017
Minima Processor Oy is a technology company based in Oulu, Finland, founded in 2016, specializing in semiconductor process agnostic solutions aimed at enhancing energy efficiency in digital processors. The company's innovative technology allows for energy efficiency improvements of up to 20 times compared to traditional methods, primarily through ultra-low voltage operation and the removal of timing margins at nominal voltages. Minima Processor's offerings are applicable across various sectors, including consumer electronics, sensors, communication devices, medical applications, and computing systems. Their closed-loop, self-adapting intellectual property enables digital subsystems to operate efficiently at near-threshold voltages while retaining the ability to scale for increased computing power, thus significantly reducing voltage consumption for a range of tasks.
FocalSpec
Venture Round in 2017
FocalSpec is a Finnish high-tech company based in Oulu that specializes in the production of advanced 3D optical sensors and related automated quality control systems. Its product lineup includes sensors, surface profilers, and 3D at-line scanners designed for various industries, including metal, electronics, plastics, and medical sectors. FocalSpec provides high-resolution 3D imaging and precise measurement capabilities, allowing clients to enhance their manufacturing processes and ensure quality control. The company operates globally, supported by a subsidiary in Atlanta and a network of integrators and distribution partners.
TactoTek
Venture Round in 2017
TactoTek specializes in injection-molded structural electronics (IMSE®), focusing on the development and licensing of technologies that enable the integration of circuits and components directly into plastic parts. This innovation allows for the transformation of traditional structures into smart, interactive surfaces, catering to sectors such as automotive, aviation, connected home, industrial control, and medical applications. TactoTek's intellectual property portfolio includes over 280 patents and extensive expertise acquired through years of research and development. The company partners with global manufacturers to implement reliable and standardized production methods for curved and conformal electronics, thereby facilitating cost-effective and scalable design solutions that enhance user experiences while promoting sustainability.
Desentum
Series A in 2017
Desentum Oy is a biopharmaceutical company based in Finland that focuses on developing innovative hypoallergenic vaccines aimed at treating various allergies, including those caused by pollen, pets, and certain food proteins. Established in 2011, Desentum employs a unique approach to allergy immunotherapy by altering the immune system's response to allergens, promoting tolerance instead of hypersensitivity. The company leverages its research into the molecular mechanisms behind allergic reactions to design effective vaccines that aim to provide long-term relief for patients suffering from allergic symptoms. By utilizing recombinant allergens modified to suppress histamine release during treatment, Desentum seeks to minimize adverse effects and streamline the desensitization process, ultimately addressing the social and economic burdens associated with allergies.
BioMensio
Venture Round in 2016
BioMensio Ltd. is a biotechnology company based in Tampere, Finland, established in 2015. It specializes in developing smart multi-analyte handheld detection devices for bio-analytics, providing rapid and on-site detection of various biological targets from a small sample in a single step. The company's offerings include a novel miniaturized micro-array platform that supports the quick development of new bio-screening applications, which are applicable in areas such as saliva testing, food and milk safety, point-of-care diagnostics, and bio-security. BioMensio's technology enables the creation of label-free assays, allowing for the detection of multiple analytes without the need for labeling procedures. Additionally, its Diagnostics-as-a-Service (DXaaS) platform integrates a handheld reader, multianalyte fluid cartridges, and cloud-based analytics, facilitating easier access for original equipment manufacturers (OEM) to develop bio-analysis products and services.
Minima Processor
Seed Round in 2016
Minima Processor Oy is a technology company based in Oulu, Finland, founded in 2016, specializing in semiconductor process agnostic solutions aimed at enhancing energy efficiency in digital processors. The company's innovative technology allows for energy efficiency improvements of up to 20 times compared to traditional methods, primarily through ultra-low voltage operation and the removal of timing margins at nominal voltages. Minima Processor's offerings are applicable across various sectors, including consumer electronics, sensors, communication devices, medical applications, and computing systems. Their closed-loop, self-adapting intellectual property enables digital subsystems to operate efficiently at near-threshold voltages while retaining the ability to scale for increased computing power, thus significantly reducing voltage consumption for a range of tasks.
Spectral Engines
Series A in 2016
Spectral Engines Oy, founded in 2014 and headquartered in Helsinki, Finland, specializes in the development and production of advanced spectral sensors, particularly employing micro-electro-mechanical system (MEMS) technology. The company manufactures miniaturized sensors that make spectroscopy accessible at a competitive price point, catering to various applications including moisture measurements in pharmaceutical powders, food composition analysis, and gas detection. Its product offerings include OEM sensors, application development kits, gas sensors, portable instruments, and software development kits. Spectral Engines serves a diverse range of industries, including agriculture, food and beverage, and pharmaceuticals, providing clients with the capability for cloud connectivity and advanced algorithm integration. As of May 2018, Spectral Engines operates as a subsidiary of m-u-t AG.
Dispelix
Seed Round in 2016
Dispelix Oy specializes in designing and manufacturing optical see-through displays for smart glasses and augmented reality applications. The company's flagship product, DiSPEL, is a near-to-the-eye display that uses a lens-like light guide to project virtual images into the user's field of view. Dispelix develops advanced waveguide combiners that serve as transparent displays in extended reality devices, effectively blending virtual elements with the real world. The company caters to industry leaders in the XR sector, helping to innovate and enhance the functionality of XR wearables. Founded in 2015 and headquartered in Espoo, Finland, Dispelix also operates subsidiaries in the United States and China.
Grainsense
Seed Round in 2016
GrainSense Oy, founded in 2014 and based in Oulu, Finland, specializes in agricultural technology with the development of a hand-held device for measuring grain protein and other critical parameters. This innovative device assesses protein, moisture, oil, and carbohydrate content of cereals and crops directly in the field, allowing farmers, seed producers, and plant breeders to make informed decisions that enhance profitability. Additionally, it assists meat producers in managing the protein content of animal feed in real time. The device incorporates GPS positioning and offers cloud-based data services, enabling users to analyze and control crop quality effectively. GrainSense's products were first made available to farmers in late 2016.
Paptic
Seed Round in 2015
Paptic is a manufacturing company focused on creating innovative, wood-based materials that serve as sustainable alternatives to traditional paper and plastic products. By developing renewable and recyclable bags, Paptic addresses the pressing issue of plastic waste accumulation in the environment. The company’s products combine the eco-friendly properties of paper with the practical functionality of plastics, allowing customers to meet their everyday needs while contributing to a more sustainable environment.
Asqella
Venture Round in 2015
Asqella specializes in the development and sale of passive submillimeter-wave video cameras designed for loss prevention and physical security applications. The company's innovative sensor technology enables high-throughput people screening, making it particularly effective in mass transit hubs, venues, and other crowded environments. Asqella's products offer superior performance in concealed threat detection compared to traditional technologies, allowing clients to safeguard critical assets by screening both visitors and employees efficiently and at a competitive cost.
TactoTek
Venture Round in 2015
TactoTek specializes in injection-molded structural electronics (IMSE®), focusing on the development and licensing of technologies that enable the integration of circuits and components directly into plastic parts. This innovation allows for the transformation of traditional structures into smart, interactive surfaces, catering to sectors such as automotive, aviation, connected home, industrial control, and medical applications. TactoTek's intellectual property portfolio includes over 280 patents and extensive expertise acquired through years of research and development. The company partners with global manufacturers to implement reliable and standardized production methods for curved and conformal electronics, thereby facilitating cost-effective and scalable design solutions that enhance user experiences while promoting sustainability.
Spectral Engines
Seed Round in 2014
Spectral Engines Oy, founded in 2014 and headquartered in Helsinki, Finland, specializes in the development and production of advanced spectral sensors, particularly employing micro-electro-mechanical system (MEMS) technology. The company manufactures miniaturized sensors that make spectroscopy accessible at a competitive price point, catering to various applications including moisture measurements in pharmaceutical powders, food composition analysis, and gas detection. Its product offerings include OEM sensors, application development kits, gas sensors, portable instruments, and software development kits. Spectral Engines serves a diverse range of industries, including agriculture, food and beverage, and pharmaceuticals, providing clients with the capability for cloud connectivity and advanced algorithm integration. As of May 2018, Spectral Engines operates as a subsidiary of m-u-t AG.
TactoTek
Venture Round in 2013
TactoTek specializes in injection-molded structural electronics (IMSE®), focusing on the development and licensing of technologies that enable the integration of circuits and components directly into plastic parts. This innovation allows for the transformation of traditional structures into smart, interactive surfaces, catering to sectors such as automotive, aviation, connected home, industrial control, and medical applications. TactoTek's intellectual property portfolio includes over 280 patents and extensive expertise acquired through years of research and development. The company partners with global manufacturers to implement reliable and standardized production methods for curved and conformal electronics, thereby facilitating cost-effective and scalable design solutions that enhance user experiences while promoting sustainability.
TactoTek
Seed Round in 2012
TactoTek specializes in injection-molded structural electronics (IMSE®), focusing on the development and licensing of technologies that enable the integration of circuits and components directly into plastic parts. This innovation allows for the transformation of traditional structures into smart, interactive surfaces, catering to sectors such as automotive, aviation, connected home, industrial control, and medical applications. TactoTek's intellectual property portfolio includes over 280 patents and extensive expertise acquired through years of research and development. The company partners with global manufacturers to implement reliable and standardized production methods for curved and conformal electronics, thereby facilitating cost-effective and scalable design solutions that enhance user experiences while promoting sustainability.
TactoTek
Seed Round in 2011
TactoTek specializes in injection-molded structural electronics (IMSE®), focusing on the development and licensing of technologies that enable the integration of circuits and components directly into plastic parts. This innovation allows for the transformation of traditional structures into smart, interactive surfaces, catering to sectors such as automotive, aviation, connected home, industrial control, and medical applications. TactoTek's intellectual property portfolio includes over 280 patents and extensive expertise acquired through years of research and development. The company partners with global manufacturers to implement reliable and standardized production methods for curved and conformal electronics, thereby facilitating cost-effective and scalable design solutions that enhance user experiences while promoting sustainability.
MediSapiens
Seed Round in 2010
MediSapiens is a pioneering software company focused on personalized cancer medicine, catering to oncology clinics and drug development. Established on research conducted since 2005 by VTT, Technical Research Centre of Finland, and its collaborators, the company harnesses bioinformatics and peer-reviewed data to provide insights into human genetics related to health and disease. Its advanced platform facilitates the analysis, visualization, and management of complex biologics data through integrative multi-omics analysis and automated diagnostic workflows. By empowering bio-oncologists with cost-effective tools to understand genomics data, MediSapiens aids in selecting optimal treatments for patients and supports biopharmaceutical companies in developing next-generation personalized medicines.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.