Finnish Industry Investment is the government-owned investment arm of Finland's Ministry of Employment and the Economy, based in Helsinki. It promotes Finnish business and employment by making direct investments in growth companies and by investing in venture capital and private equity funds, with a focus on Finnish companies across sectors. Its activities include financing growth, spin-offs, major industrial investments, internationalization, and sector or corporate restructurings, typically via minority stakes and private co-investments. It uses proceeds from privatizations to stimulate growth and collaborates with private investors and fund managers to support scaling and competitiveness of Finnish enterprises.

Superhero Capital is a Helsinki-based venture capital firm that concentrates on seed-stage investments in software-enabled startups across Finland and the Baltic states. It typically makes early-stage commitments of roughly €100,000 to €1 million and focuses on software, health tech, fintech, IoT, and other B2B technology-enabled sectors. The firm positions itself as a founder-friendly partner, seeking to understand founders’ challenges and offer support without taking control of the business. With a track record of backing a broad portfolio and substantial follow-on funding, Superhero Capital aims to help entrepreneurs scale in the New Nordics. While the primary focus is Finland and the Baltics, the fund has historically considered opportunities outside the region when aligned with its strategy.

Lifeline Ventures is a Helsinki-based venture capital firm founded in 2009 by serial entrepreneurs. It focuses on early-stage investing and partners with ambitious founders from day one, providing funding and practical support to build category-leading companies. The firm is sector-agnostic, backing technology-driven startups across healthtech, games, fintech, software, and online services, with a primary focus on Finland and selective international activity. Lifeline Ventures emphasizes hands-on involvement, drawing on founder and executive experience to assist with strategy, talent, and growth, and typically supports pre-seed and seed rounds with ongoing engagement into later stages.

The European Innovation Council is a Brussels-based European Union organization established in 2018 to support deep‑tech innovation by helping startups, researchers and technology transfer activities move ideas toward market. It operates a portfolio of programs including Pathfinder, Accelerator, Transition, STEP Scale Up and Pre-Accelerator, and collaborates with partners to provide funding, mentorship and resources across the innovation lifecycle. The council emphasizes high-impact, science‑driven technologies with broad societal benefit and promotes inclusion, with initiatives to involve women‑led projects. It engages the wider ecosystem through awards, events and community initiatives and monitors impact through data platforms. By coordinating with private investors and other stakeholders, it aims to accelerate the scale-up of European deep‑tech firms and strengthen Europe’s position in global technology leadership.

Icebreaker.vc is a Nordic-Baltic early-stage investor backing startups from idea to seed and beyond, with first tickets up to €1.5 million and a focus on Estonia, Finland and Sweden. Since 2017, it has supported over 100 teams across fintech, AI, SaaS, cybersecurity and consumer tech, building a diversified portfolio that includes notable rounds such as ReOrbit’s €45 million Series A, Aibidia’s $28 million Series B, Hoxhunt’s €40 million Series B, Tesseract’s €25 million Series A, Flowhaven’s €16 million Series A, Logmore’s €4.5 million Series A, and Scrintal’s €1 million Pre-Seed, among others. It works with top investors such as DN Capital, Global Founders Capital, Zendesk and Reddit. The team comprises Lasse Lehtinen, Aleksi Partanen and Riku Seppälä as general partners, and Jesse Tinell as partner, providing hands-on support from the idea stage onward.

Voima Ventures is a venture capital firm focused on deep tech startups in the Nordic and Baltic regions, founded in 2019 and based in Helsinki, Finland and Stockholm, Sweden. It backs early-stage companies from pre-seed to Series B across sectors including bio and life sciences, imaging and optics, IoT and electronics, robotics, software and ICT, AI, energy, advanced manufacturing, and quantum technologies. The firm emphasizes a science-driven, value-adding approach and supports founders with experienced entrepreneurs and investors seeking global scale. Voima Ventures has invested in more than 30 deep tech startups and has co-led notable rounds, with cornerstone support from institutions such as VTT Technical Research Centre of Finland and the European Investment Fund. The firm aims to address major global challenges by combining science, entrepreneurship and capital to accelerate breakthrough technologies.

Based in Helsinki, Inventure is a venture capital firm focused on early-stage technology startups in the Nordic and Baltic regions. Founded in 2005, it backs founders across sectors such as deep tech, software, AI, healthtech, fintech, and consumer internet, with an emphasis on helping them grow and build lasting trust. The firm aims to support companies from seed through subsequent rounds, with initial investments starting at around 100,000 euros and potential up to 10 million euros over a company's lifecycle. Inventure has made over 100 investments since inception and maintains a generalist, founder-first approach to identify and back ventures that can create futures others cannot imagine.

Nordic Option is a venture capital firm based in Oulu, Finland, focused on growth-stage technology companies in Northern Finland. Founded in 1994, it provides patient capital and hands-on support to help portfolio companies scale and pursue international expansion. The firm invests in both early and later stages, typically committing between €0.5 million and €3.84 million, with a focus on small and medium-sized growth technology firms in the Oulu, Lapland, and Kokkola regions. It operates as an evergreen fund and collaborates with regional partners to build sustainable value.

Gorilla Capital is a Nordic venture investor based in Helsinki, Finland, funding early-stage technology startups across Finland, Sweden, Denmark and the Baltic countries. It focuses on capital-efficient software and technology ventures at pre-seed and seed stages, prioritizing product-market fit, measurable customer traction, and sustainable growth. The firm adopts a disciplined, milestone-driven approach and supports founders with strategy, funding and go-to-market guidance to accelerate commercialization, aiming for profitability and steady expansion. By backing teams able to execute quickly and understand customer problems, Gorilla Capital seeks to create long-term value through prudent capital deployment and hands-on support.

Aboa Venture Management is a Finnish private equity and venture capital firm based in Turku, founded in 1994. It focuses on small and medium-sized Finnish companies, typically targeting enterprises with revenues of 2 to 20 million euros, and provides equity and quasi-equity financing through minority stakes and convertible loans. The firm participates in acquisitions, management buyouts and growth transactions, often pursuing patient, long-term ownership with no fixed exit date and opportunities to co-invest with partners. Investments commonly start around 100,000 euros and can reach several million euros when paired with partners, and the group supports growth across sectors including B2B, software, healthcare, manufacturing, and services.

Maki.vc is a Helsinki-based venture capital firm focused on backing early-stage, category-defining companies with a Nordic origin and global ambitions. The firm concentrates on deep tech and related sectors, including AI, quantum, fintech, distance tech, consumer and healthcare technology, as well as commercial products and services and consumer food products. It typically participates in first rounds, up to around 5 million euros, and continues to support portfolio companies from inception through subsequent rounds, assisting with strategy, market research, fundraising, and scaling. Maki.vc emphasizes rapid, decisive checks, staged rounds, and access to an extensive operator and talent network, delivering hands-on operational support and warm introductions to international investors. Based in Helsinki's Maria 01, the team partners with founders to accelerate global expansion from day one, with a portfolio that includes IQM, Enfuce, Strise, and Distance, among others. The firm pursues global opportunities beyond the Nordics, seeking to help exceptional founders build thriving businesses from Europe to the world.

Vendep Capital is a Finland-based venture capital firm founded in 2013 that specializes in early-stage B2B software, with a focus on the Nordics and Baltics. It backs SaaS and related software startups from pre-seed to Series A, typically investing from about €100,000 up to €3 million, and often committing the first ticket in the €0.1–€3 million range depending on stage. Beyond capital, Vendep provides hands-on support through its SaaS expertise and networks to accelerate growth, including guidance on business model development, team building, and go-to-market strategies.

Innovestor is a Finnish venture capital firm and investment manager based in Helsinki. It backs early-stage technology and life science startups, with a focus on sustainability and innovation, and provides funding plus strategic guidance to help growth companies scale. The firm also offers corporate venturing services that connect startups with the European market and potential partnerships. Its activities span Europe, supported by multiple funds, including life science and growth vehicles, and it maintains a diversified portfolio across technology, health, cleantech, and industrial sectors. Since its founding in 2014, Innovestor has built a sizable capital base and portfolio, including investments in energy storage and energy-efficient real estate, reflecting an emphasis on sustainable solutions.

Butterfly Ventures is a Nordic-focused early-stage venture capital firm founded in 2012 and headquartered in Oulu, Finland, with additional offices in Helsinki and Stockholm. It invests primarily in seed-stage technology companies across the Nordics and Baltics, emphasizing deep tech, hardware and hardware/software interfacing solutions, and often engaging with companies before revenue. The firm adopts a collaborative approach, providing startups with partner support and prioritizing societal impact.

Stephen Industries is a Finnish family-owned investment firm headquartered in Helsinki that concentrates on funding early-stage startups in healthtech, greentech, and deep tech. The company seeks long-term partnerships by combining startup innovation with capital and expertise to enable transformative growth. It typically makes equity investments ranging from 100,000 to 3,000,000 euros across pre-seed to Series B rounds, supporting ventures that apply technology to deliver environmentally friendly and sustainable solutions. Stephen Industries actively seeks new opportunities and targets ventures with significant growth potential.

Trind Ventures is an early-stage venture capital firm based in Tallinn, Estonia, that invests in Europe-based startups across consumer-focused segments, marketplaces, and business-to-business software and ICT. The firm supports early-stage and community-driven ventures, helping them through initial investments and subsequent funding rounds to achieve sustainable growth. It emphasizes partnerships with founders and provides resources through its Trind Toolbox, including a matching test to assess investment viability. Trind engages with the startup ecosystem through events and regular updates, reflecting a hands-on approach to supporting portfolio companies and fostering long-term growth.

Sparkmind.vc is a Nordic venture capital firm focused on the learning sector, based in Helsinki, Finland. It backs education technology and learning companies across early childhood, K-12, higher and vocational education, as well as corporate and lifelong learning, primarily in Europe. It supports companies from seed to international growth stages, with investment sizes up to €5 million. Sparkmind.vc was founded in 2017 and has positioned itself as the first Nordic firm dedicated to transforming education.

Midinvest Management is a Finnish private equity firm based in Jyväskylä, Central Finland, specializing in ownership transitions and growth financing for small and mid-sized Finnish companies. The firm takes an active, hands-on approach, often seeking board representation and offering ownership arrangements. It targets companies with relatively modest annual turnover, commonly under €10 million, and supports growth through a mix of equity and debt instruments, including convertible loans. With a history dating to 1994 and a management company established in 2001, Midinvest focuses on Central Finland and aims to create value through selective growth and restructuring, pursuing exits in three to seven years via trade sales or secondary private equity sales.

OpenOcean is a pan-European early-stage venture capital firm with offices in Helsinki and London. Founded in 2008, it targets Series A investments in European technology companies, including data infrastructure, AI, automation, cybersecurity, fintech, software and cloud tech. The firm backs technically ambitious teams that build data-driven businesses with global scale potential, often leading or co-leading rounds. OpenOcean emphasizes a founder-first approach and uses its technical background to support portfolio companies from early decisions to international expansion.

Sisu Game Ventures is an early-stage venture capital firm focused on funding and supporting video game development teams. Founded in 2014 and rooted in the Nordic game industry, it operates from Helsinki and maintains a global network of founders. It prioritizes people over metrics, investing in teams and providing time, expertise, and industry connections to help them build and scale products. The firm also acts as a studio builder, assisting founders with team formation, product strategy, and investor alignment. With a portfolio comprising over 60 companies, the team brings extensive game industry and startup experience, including a history of building and exiting game businesses. The emphasis is on collaboration, knowledge sharing, and perseverance to help founders navigate early-stage challenges and establish successful game studios.

The Finnish Innovation Fund Sitra is a public foundation based in Helsinki, Finland, established in 1967 and supervised by the Finnish Parliament. It promotes innovation and sustainable development to advance the economic prosperity and well-being of Finnish people, supporting health and well-being, social problem solving, efficient use of materials and energy, and the ecological use of natural resources. Its initiatives include programs such as Health Care, Food and Nutrition, and Environmental, which guide and fund projects that improve care delivery, nutrition technology, and environmental sustainability.

FOV Ventures is a European-based deep-tech venture capital firm headquartered in Espoo, Finland. The firm focuses on early-stage investments in artificial intelligence, spatial computing, 3D technologies, and robotics, backing founders from day zero with specialist support and a collaborative community. It identifies startups at the intersection of gaming tech powered by AI and real-time 3D, expansive XR, AI-driven wearables, ambient AI, world models, and physical AI, with the goal of building a portfolio across the full tech stack as digital and physical realms merge. With nearly a decade in the space, FOV Ventures plans to raise its next fund and back about 30 more startups by 2028.

VNT Management is a Finland-headquartered venture capital firm, based in Tampere, that invests in clean technologies, renewable energy, electrical systems, and related energy sectors across the Nordics and German-speaking Europe. Founded in 2002, it seeks to accelerate the green transition by backing visionary entrepreneurs through a disciplined investment process and a focus on ESG integration, transparency, and value creation for its investors. The firm engages with both investors and entrepreneurs, supporting portfolio companies with strategic guidance and rigorous due diligence, aiming to deliver sustainable returns while advancing environmental and technological innovation.

Wave Ventures is a venture capital firm founded in 2016 and based in Helsinki, Finland and Stockholm, Sweden. It concentrates on pre-seed and early-stage investments across the Nordics and Baltics, backing first-time founders and Gen Z entrepreneurs. The firm is described as Europe's largest student-run venture capital and operates with a small team formed by graduates from top regional universities. Its portfolio is informally grouped as The Wave, and the firm emphasizes proactive support for portfolio companies, pursuing opportunities across Denmark, Finland, Iceland, Norway, Sweden, Estonia, Latvia, and Lithuania.

Failup Ventures is a Finnish-American early-stage venture capital firm with offices in New York and Helsinki, founded in 2022. It targets pre-seed and seed-stage software startups in the United States and Nordic regions with mission-driven teams. Typical initial investments are in the low hundreds of thousands with potential follow-on rounds. The firm emphasizes backing exceptional technical founders addressing system-level problems, with an AI-generalist focus across areas such as AI for Work, AI Advancement, and AI for Life, and aims to back companies reinventing work, life, and play in the AI era.

Incore Invest is a growth equity firm based in Stockholm, Sweden, focused on growth-stage investments in technology-driven companies, with a Nordic emphasis on fintech, SaaS, and B2B software. Founded in 2022, the firm combines an entrepreneurial background with active ownership and a broad industry network to support portfolio companies in scaling and pursuing international growth, and it has a track record of exits from companies such as PaymentIQ, Brite, Froda, Mynt, and Kameo while continuing to seek new opportunities and provide hands-on strategic guidance to founders.

NFT Ventures is a Stockholm-based venture capital firm founded in 2014 that specializes in financial technology. It invests in seed to growth-stage fintech startups across Europe, with a focus on Northern Europe, including the Nordic countries, the United Kingdom, Germany and the Benelux, and provides capital, strategic guidance and increased visibility to help portfolio companies scale and become market leaders. The firm targets established startups with scalable concepts and strong teams, often taking a minority equity stake, and supports entrepreneurs to drive growth and long-term value. Its portfolio includes fintech platforms and related services such as digital banking, loyalty programs, insurtech, regtech, proptech and e-commerce, reflecting a broad fintech remit. NFT Ventures maintains an additional office in Helsinki, Finland, reinforcing its regional footprint and ongoing investment activity.

Enersense is a lifecycle partner for energy transmission, production, the industrial energy transition, and telecommunications, operating in Finland, the Baltics, and the Nordics. With about 1,700 experts, it offers end-to-end services across the asset lifecycle, from design and construction to maintenance and modernization of power infrastructure, including high-voltage lines, substations, wind and solar farms, and energy storage, and provides connectivity solutions for fixed and mobile networks and data centres. The company emphasizes efficiency, transparency, and sustainability in its projects and is organized around three business units: Power, Energy Transition, and Connectivity. It reported revenue of around EUR 307 million in 2025.

Rite Ventures is a Stockholm-based growth equity and venture capital firm that invests its own capital in Nordic technology-enabled companies, with a focus on Sweden and Finland in IT services, software as a service, IT infrastructure, digital brands, and e-commerce. It emphasizes active ownership with a minority stake to align incentives for long-term leadership and follows a proven value-creation process supported by a strong network and track record. The firm backs early growth to mid-market expansion, leveraging customer value, technology, AI, and data to enable sustainable B2C and B2B growth and durable business processes. Portfolio examples include Skincity and Nebula among others. The firm pursues disciplined capital management and selective value-creating partnerships, with an emphasis on ethical standards and avoiding excessive debt. Rite Ventures is headquartered in Stockholm and operates across the Nordic region.

Panostaja is a Finnish investment company that owns and develops small and medium-sized enterprises. It adopts an active ownership approach, partnering with management to unlock growth potential, improve operations, and support expansion through strategic acquisitions and industry consolidation. The firm focuses on Finnish SMEs across sectors such as services, software, communications, and technology, often taking majority stakes or full ownership and providing development programs, financing, and advisory support through its portfolio network. Founded in 1984 and based in Tampere, Panostaja targets mid-market opportunities and aims to exit investments within a five to ten-year horizon. The company emphasizes transparent communication with stakeholders and a hands-on, entrepreneurial approach to value creation.

Nordic FoodTech VC is a Helsinki-based early-stage venture capital firm that backs Nordic food tech companies developing science- and engineering-driven solutions to transform the global food system. The firm concentrates on deep tech and early-stage opportunities across Northern Europe, with a portfolio that includes natural food colors from Chromologics, fats produced by precision fermentation from Melt&Marble, alternative proteins from Enifer and Hailia, sustainable fertilizers from Tracegrow, and technologies for water and waste management from NanoHalen and NPHarvest. The team comprises experienced investors, scientists, and industry professionals, and the firm emphasizes impact-focused investing in the Nordic and Baltic regions.

Brightly Ventures is a Stockholm-based venture capital firm that backs seed and early-stage technology startups in the Nordic region. Founded in 2018, it focuses on technology companies across HealthTech, FinTech, Marketplaces, DeepTech and MediaTech, investing in Nordic startups in Sweden, Norway, Denmark, Finland and Iceland. The firm takes a hands-on, proactive approach, leveraging its network and company-building experience to support founders through growth and challenging periods and to help bring high-potential ideas to market.

Vincit delivers software development, IT services and digital business solutions for clients in Finland and internationally. It provides business design, transformation support, customer experience advisory, service design, agile development, and builds websites, applications and mobile apps, as well as digital commerce, IoT, embedded systems and integrations. It also offers SAP enterprise solutions and cloud transformation, and combines enterprise platforms, tailored solutions, human-centered design and AI to turn digital initiatives into measurable business results.

8 Media Ventures is a venture capital firm that specializes in media investments and supports Nordic brands with strategic guidance and operational resources to accelerate growth. Founded in 2021 and based in Helsinki, Finland, with activity in Stockholm, the firm emphasizes media-for-equity opportunities and proven direct-to-consumer growth to help media-focused businesses expand across the Nordic region.

Green Campus Innovations is a Finnish cleantech venture investor and incubation network formed by LUT University, Saimaa University of Applied Sciences, LUT Research Foundation, and Vitako Association. It focuses on growing early-stage startups and corporate spin-offs that leverage LUT research, investing pre-seed and seed capital from its own balance sheet, and supporting ventures through the LUT ecosystem, including Green Campus Open, the LUT entrepreneurship society LUTES, and the Open Innovation Platform. It collaborates with Nordic Innovation Accelerator to connect innovations with market opportunities and funding, and maintains a portfolio including Aurelia Turbines, Endev, Visedo, Vionice, and Sidestream Management. The company operates in the Imatra-Lappeenranta region and seeks to foster knowledge-intensive cleantech startups.

J12 Ventures is a Nordic-focused venture capital firm headquartered in Stockholm, with offices in the United Kingdom and Finland. Founded in 2019, it concentrates on pre-seed and early-stage technology and software companies, with a particular emphasis on artificial intelligence. The firm uses a thesis-driven approach, backing both AI enablers—data infrastructure, developer tools, and MLOps—and AI applications across industries such as finance, industrials, retail, cybersecurity, and legal. Its investments target companies across the Nordics, Sweden, Finland, and the Baltics, and it seeks founders with ingenuity, curiosity, and resilience to accelerate AI adoption and deployment.

Oppiva Invest is a venture capital firm based in Helsinki, Finland, established in 2019. It provides capital-based loan financing to companies, focusing on developing vocational training environments and teaching aids, and supporting export promotion. The firm primarily targets Finland-based businesses.

Teleste is an international technology company headquartered in Finland that provides an integrated portfolio of products and services for broadband networks, public safety and mobility. It enables high-speed internet access through distributed architectures such as DOCSIS 4.0 and 1.8 GHz, and delivers video delivery solutions including FTTX, along with hardware such as remote PHY devices, amplifiers, optical nodes and a range of passive and active components for coax and optical networks. The company also offers software and services, including video headends, transcoding, network management tools and tailored solutions for public safety, transportation and video security. With a focus on innovation, sustainability and partnerships, Teleste serves customers worldwide through offices and partners, aiming to enhance connectivity, safety and efficiency in urban environments and public spaces.

Courage Ventures is a Helsinki, Finland-based venture capital firm that backs early-stage digital health and related technology startups. Leveraging a global network, it invests across the United States and Northern Europe in sectors including software, health tech, cleantech and edtech, with a focus on ventures that generate ESG and impact outcomes in health, education and the environment.

Tera Ventures is a Tallinn-based venture capital firm that backs seed and early-stage digital startups across Europe, with a home market in Estonia and investments spanning Denmark, Sweden, Finland, Latvia, Lithuania, Poland and the Czech Republic. The firm focuses on AI-powered innovations in enterprise software, fintech, automation, and robotics/deeptech, and maintains an industry-agnostic yet theme-driven approach. Tera is hands-on and founder-friendly, often leading rounds and providing follow-on capital to help portfolio companies navigate early growth. It emphasizes helping portfolio companies enter international markets, notably the US, the UK and Japan, and leverages a global advisory network to provide portfolio companies with access to expertise. The firm supports companies across pre-seed and seed stages and operates with a portfolio-centric, international mindset.

Nefco is the Nordic Green Bank, an international financial institution owned by the Nordic countries and established in 1990. It finances the initial scale-up of Nordic green solutions in international markets, supporting energy efficiency, renewable energy, clean water and sanitation, waste management, and cleaner industrial processes. Nefco provides loan financing and financial support for small and medium-sized green investments, often partnering with other financial institutions and co-financiers to de-risk projects. It acts as an implementing agency and uses its own capital to advance the green transition, prioritizing impact, transparency, and measurable results while aligning with global environmental objectives. The organization supports SME growth and has global reach across regions including Europe, Ukraine, the Baltic region, and Sub-Saharan Africa.

Grid.vc is an investment firm focused on funding and developing energy technology startups, particularly those disrupting traditional energy business models. Based in Espoo, Finland, it targets seed and early-stage opportunities across electricity, heat, smart grids, storage, and mobility in Northern Europe. Typical investments range from €100k to €500k. The firm combines financial backing with hands-on support, offering pilots, customer feedback, and market validation through close collaboration with established energy companies and a real-life lab that leverages regional energy infrastructure. Its goal is to accelerate the development and commercialization of promising energy technologies and advance the sustainable energy transition by building and growing energy startups from the pilot phase onwards.

Heartcore Capital is a European venture capital firm founded in 2007 in Copenhagen, originally as Sunstone Capital, and rebranded after 2019. The firm operates from offices in Copenhagen, Berlin and Paris and backs founders across Europe from seed to early growth stages. Heartcore focuses on consumer technology and category-defining internet brands, supporting founders not only with capital but with strategic guidance as they scale. The firm emphasizes a human, people-first approach to venture investment and seeks to partner with teams that aim to build lasting, global businesses. Over the years, Heartcore has backed a broad portfolio of startups across multiple countries, highlighting its pan-European reach and commitment to ambitious founders.

Play Ventures is a Singapore-based venture capital firm that invests globally in early-stage gaming startups and related consumer apps, with a focus on free-to-play and web3-enabled titles. It backs pre-seed to Series A companies, including game studios and B2B infrastructure and services that serve the gaming ecosystem. The firm emphasizes supporting founders through a network for recruiting, design, fundraising, and strategic partnerships, and it collaborates with other investors to co-invest in portfolio companies.

Rettig Group is a Finnish family-held investment company with a history spanning over two centuries, owned and governed by multiple generations of the von Rettig family. It pursues long-term value through active and responsible ownership, employing a disciplined multi-strategy approach across global public and private markets. Its investments span private markets, including venture capital, growth equity, buyouts, and co-investments, as well as liquid strategies in listed equities and hedge funds; it also engages in listed core investments in high-quality Northern European mid-cap companies with significant ownership and active involvement.

Net Departo is an investment company based in Stockholm that focuses on Nordic e-commerce and consumer markets. Founded in 2013, it pursues strategic passive minority investments in established Nordic e-commerce companies, aiming to support growth while maintaining minority stake positions. The firm engages across online retailers and related consumer sectors in the Nordic region, leveraging its location in Sweden to identify opportunities and manage long-term value.

Aconterra is a venture capital firm that invests in early-stage technology companies advancing building innovation and the energy transition. It finances and supports startups and scaleups that enhance building intelligence, energy efficiency, safety, and comfort, operating with an evergreen approach aimed at long-term value and impact. The firm serves as an ecosystem for investors and portfolio companies by providing expertise, networks, and capital to help them achieve their goals. Its focus spans software-led building solutions, often integrating hardware, machine learning, sensors, and IoT to improve performance across residential, commercial, and industrial assets, including microgrids and energy networks. The geographic emphasis centers on Europe, with activity in Benelux, Nordics, and the DACH region, and it pursues cross-industry collaboration and co-working opportunities to accelerate energy transition and building intelligence.

Nordic Game Ventures is a Helsinki-based venture capital firm that invests in early-stage companies across the Nordic gaming ecosystem, including game developers, game technology startups, and applied games, with interests in digital health, education and training, virtual reality and metaverse initiatives, and it emphasizes governance, transparency, and environmental, social, and governance considerations in its portfolio.

Kvanted is a Nordic industrial technology investor focused on early-stage companies developing software and hardware that transform the industrial value chain. Based in Helsinki, Finland and active across Northern Europe, it backs founders building complex, real-world systems with a deep-tech orientation, providing capital and strategic support to help them scale. Kvanted invests from pre-seed to Series A and acts as lead or co-investor to enable collaboration with other investors and customers. The firm emphasizes an industrial mindset and leverages an extensive network to connect portfolio companies with potential clients and partners, supporting long-term growth through follow-on capital and hands-on guidance in areas such as robotics, AI and autonomous systems, data processing, sensing, circularity, and biomaterials.

Aggregate is a Stockholm-based venture capital firm specializing in media-for-equity investments and media-based expansion capital. It targets media companies in Sweden and the Nordic region (Sweden, Denmark, Finland, and Norway) and has a long track record since 2002, with hundreds of transactions across e-commerce, digital services and B2B ventures, leveraging media advertising to support growth.