Business Finland is a Finnish government agency established in 2018, focusing on innovation funding and services to promote internationalization and travel. It supports research communities, industry, and service sectors, emphasizing a diverse approach to innovation that includes technological, service-related, design, business, and social advancements. The agency does not seek financial profit from its activities and does not claim intellectual property rights. Business Finland plays a crucial role in connecting international buyers with Finnish companies, facilitating investment opportunities, and showcasing Finland's key industries, which range from food and nature to advanced technology. Its initiatives aim to foster continuous innovation with a global impact, particularly in sectors such as cleantech, digitalization, consumer goods, and healthcare.
Fiberdom develops sustainable materials from wood fibers, focusing on plastic-free solutions. The company offers a range of compostable cutlery designed for food service and take-away applications. These products are fully recyclable and comply with European regulations, making them suitable for environmentally conscious consumers. Fiberdom emphasizes innovation in transforming wood fibers into high-performance materials, contributing to sustainability efforts in various industries. The commitment to creating eco-friendly alternatives positions Fiberdom as a key player in the materials innovation sector.
Solar Foods
Grant in 2025
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.
Aalto University
Grant in 2025
Aalto University is a multidisciplinary institution located primarily in Greater Helsinki, Finland, formed through the merger of three prestigious universities: the Helsinki University of Technology, the Helsinki School of Economics, and the University of Art and Design Helsinki. Established to foster innovation, Aalto University encompasses six renowned schools, offering education and research across science, business, arts, and design. With over 19,000 students and 5,000 staff members, it stands as Finland's third-largest university. The institution emphasizes a collaborative approach to education, integrating technological and artistic disciplines to address contemporary challenges. It features advanced research facilities, including those for neuroimaging and nano-materials, and actively contributes to societal development through research initiatives. Aalto University is committed to high-quality education, producing numerous graduates at various academic levels while maintaining strong connections with international research networks and promoting the societal relevance of its findings.
Grafintec
Grant in 2024
Grafintec Oy is a Finnish company focused on developing and utilizing carbon technology to produce graphite. Graphite is an essential material in many industries, particularly in energy storage, electronics, and battery technologies, due to its unique properties such as high conductivity, heat resistance, and stability.
Happy Plant Protein
Grant in 2024
Happy Plant Protein develops a plant protein technology.
Serres
Grant in 2024
Serres provides fluid management, surgical suction system, supply chain management, and medical devices services.
QMill
Grant in 2024
QMill, with its innovative quantum algorithms for the noisy intermediate-scale quantum (NISQ) era, will usher in the era of practical quantum advantage.
NADMED
Grant in 2024
The NADMED test was developed by one of the world's foremost experts on NAD metabolism in humans. NADMED's metabolite extraction system is the only method for measuring all four NADs and glutathione.
Geopyörä Oy
Grant in 2024
Geopyörä is the state of the art in rock breakage characterization testing and it was developed to allow mining companies to test several samples at low cost for geometallurgical, comminution design and control applications
Onego Bio
Grant in 2024
Onego Bio is a food-based biotechnology company that produces animal-free egg white protein through precision fermentation. Their ingredient, Bioalbumen, sets a new standard for sustainable protein with identical taste and nutrition, superior functional properties, and over 90% smaller environmental footprint compared to eggs from chickens. Onego’s highly productive and scalable technology caters to the needs of the food industry searching for stable, sustainable functional ingredients. As a game-changer in the field, the company was selected as the Winner of Fast Company’s 2023 World Changing Ideas awards and is a co-founder of two industry associations: Precision Fermentation Alliance and Food Fermentation Europe.
Teamspective
Grant in 2024
Teamspective's SaaS solution helps companies create culture of performance and wellbeing in their organization through - Actionable and real-time visibility to employee wellbeing and effectiveness of teams' collaboration - Replacing heavy 360 feedbacks with timely collection of high quality feedback that activates personal development - Modernizing performance evaluations with a process that takes only minutes per employee and eliminates rater bias - Understanding organization's dynamics through ONA surveys that are 10x faster and cheaper than consulting-driven versions Teamspective's customers have 2x higher amount of employees satisfied with the feedback they receive.
Nanoform
Grant in 2024
Nanoform is an innovative company specializing in nanoparticle medicines, dedicated to supporting pharmaceutical companies in the development of life-changing therapies. By addressing the challenges associated with drug development and delivery, Nanoform aims to enhance the effectiveness of medications, ultimately improving patient outcomes. Through its pioneering technology, the company focuses on creating solutions that facilitate the advancement of new treatments in the pharmaceutical industry.
Kuva Space
Grant in 2023
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.
Statzon
Grant in 2023
Statzon is a subscription-based market intelligence platform that offers comprehensive access to a wide range of market reports, datasets, forecasts, and insights from reputable sources. It is designed to assist technology companies in making informed strategic decisions by providing reliable and up-to-date industry statistics and forecasts. The platform curates information that has been carefully selected and verified by industry experts, ensuring clients can base their business plans on accurate data. With over 1,200 organizations currently utilizing its services, Statzon aims to facilitate data-driven decision-making across various topics, industries, and technologies.
eMabler
Grant in 2023
eMabler is a developer of an API-First platform that focuses on electric vehicle (EV) charging infrastructure. The platform is designed to manage and launch EV charging services in a cost-effective manner, integrating seamlessly with other business systems such as mobile applications and payment systems. By leveraging advanced technology, eMabler enables businesses to effectively manage electricity usage, streamline operations, and enhance service reliability. This integration supports scalability for companies looking to adopt or expand their EV charging offerings, making it easier to incorporate EV infrastructure into existing business frameworks.
Spinnova
Grant in 2023
Spinnova Ltd. is a Finnish textile manufacturer based in Jyväskylä that specializes in sustainable fiber yarn technology. Founded in 2014, the company has developed an innovative process that converts wood and waste materials, including leather and agricultural by-products, into textile fibers without the use of harmful chemicals. Spinnova aims to revolutionize the global textile industry by promoting environmentally friendly manufacturing practices and reducing reliance on conventional, resource-intensive methods. Through its advanced technology, Spinnova seeks to provide a sustainable alternative for textile production that aligns with growing environmental concerns.
Front AI
Grant in 2023
Front AI, founded in 2019 and based in Helsinki, Finland, specializes in developing advanced customer service chatbots utilizing conversational AI technology. The company focuses on automating customer service interactions across various sectors, including finance, telecommunications, and insurance. Its platform is designed to perform routine tasks autonomously, facilitating seamless communication in multiple languages and dialects. By leveraging this innovative technology, Front AI enables businesses to enhance their customer service capabilities and improve operational efficiency through the implementation of AI-driven service bots.
Valosan
Funding Round in 2023
Scale your international PR into any local market. With Valosan, you connect with PR specialists in local markets and pitch your story to real journalists – without the need for big agencies!
Virta
Grant in 2023
VIRTA offers a complete turnkey solution for managing electric vehicle charging services of any scale. Our future-proof solutions enable professional charging networks to offer a world-class end user experience to their customers. We also help real estates and other businesses stand out by providing them with a comprehensive EV charging service package.
Quanscient
Grant in 2023
Quanscient specializes in developing multiphysics simulation software that leverages cloud and quantum computing to enhance simulation technology. Its platform integrates advanced cloud-native multiphysics solvers with future quantum capabilities, allowing engineers to achieve over a hundredfold increase in simulation throughput. This significant improvement facilitates fully digital research and development processes, enabling users to tackle complex technological challenges across various industries, including fusion energy, advanced semiconductors, biomedical applications, automotive, and aerospace. By streamlining hardware development through digital prototypes, simulations, and optimization, Quanscient aims to make the process more efficient and sustainable.
Ponsse Oyj
Grant in 2023
Ponsse Oyj is a company that manufactures, sells and maintains cut-to-length forest machinery.
VTT Ventures
Grant in 2022
VTT Ventures Ltd is the venture capital arm of VTT Technical Research Centre of Finland, established in 2010 and headquartered in Espoo. The firm specializes in pre-seed and seed-phase investments, focusing on high-tech companies that have the potential for international growth. VTT Ventures employs equity and convertible debt financing instruments, generally investing between EUR 0.11 million and EUR 0.6 million per transaction. It primarily targets companies with revenues up to EUR 1 million and enterprise values between EUR 2 million and EUR 5 million, aiming for a minority stake of up to 25%. The firm is industry agnostic but shows a preference for sectors such as imaging and optics, the Internet of Things, life sciences, materials, and software. VTT Ventures seeks to be an active owner, often taking a board seat in its portfolio companies, and aims to exit its investments within five years.
Spinnova
Grant in 2022
Spinnova Ltd. is a Finnish textile manufacturer based in Jyväskylä that specializes in sustainable fiber yarn technology. Founded in 2014, the company has developed an innovative process that converts wood and waste materials, including leather and agricultural by-products, into textile fibers without the use of harmful chemicals. Spinnova aims to revolutionize the global textile industry by promoting environmentally friendly manufacturing practices and reducing reliance on conventional, resource-intensive methods. Through its advanced technology, Spinnova seeks to provide a sustainable alternative for textile production that aligns with growing environmental concerns.
Onego Bio
Grant in 2022
Onego Bio is a food-based biotechnology company that produces animal-free egg white protein through precision fermentation. Their ingredient, Bioalbumen, sets a new standard for sustainable protein with identical taste and nutrition, superior functional properties, and over 90% smaller environmental footprint compared to eggs from chickens. Onego’s highly productive and scalable technology caters to the needs of the food industry searching for stable, sustainable functional ingredients. As a game-changer in the field, the company was selected as the Winner of Fast Company’s 2023 World Changing Ideas awards and is a co-founder of two industry associations: Precision Fermentation Alliance and Food Fermentation Europe.
Shoely
Grant in 2022
Shoely is making online shoe shopping easy, accurate and enjoyable. Shoely uses the power of 3D technology to make it easier than ever to find your perfect fitting shoes. With a quick 3D scan of your feet using the Shoely app on any iPhone, Shoely virtually fits your feet across 10K styles at Shoely.com. Every shoe you buy is customised with Shoely’s custom insoles based on your foot topography, giving you a perfect fit and feel every time. Since launching shoe sales in 1/2023, Shoely has proven that once a customer experiences personalization, they will never buy footwear any other way. Half of customers who bought shoes in Q1 had returned to make another Shoely purchase by Q3. A third of customers have already returned twice to buy more shoes. By improving the sizing and fit of online shoe purchases. Shoely is drastically reducing returns to under 10%, a fraction of the industry standard exceeding 40%.
Geopyörä Oy
Grant in 2022
Geopyörä is the state of the art in rock breakage characterization testing and it was developed to allow mining companies to test several samples at low cost for geometallurgical, comminution design and control applications
Nordic Umami Company
Grant in 2022
The emission-reduction benefits of shifting to plant-based eating are well documented. Yet many people are still deterred by the taste of plant-based food. Or rather, its lack of taste. Plant-based food is often missing exactly what people crave the most: umami. This is where we come in. We have developed a natural way of using food technology to create plant-based umami from plant food side products. In this way we also tackle another aspect of the food system that we believe needs to be fixed: wasting edible food.
The Adjacent Possible
Grant in 2021
The Adjacent Possible operates as an idea factory and open innovation studio, focusing on the generation of new concepts that can be transformed into patents, products, or companies. It aims to facilitate connections among global technology ecosystems, allowing for the co-development of intellectual property applications from diverse viewpoints. By emphasizing research and development, The Adjacent Possible supports businesses in generating practical research ideas while enabling them to build, develop, and transform innovative solutions. As a hub of serial innovation, the organization is dedicated to creating and licensing intellectual property that drives progress across various industries.
Front AI
Grant in 2021
Front AI, founded in 2019 and based in Helsinki, Finland, specializes in developing advanced customer service chatbots utilizing conversational AI technology. The company focuses on automating customer service interactions across various sectors, including finance, telecommunications, and insurance. Its platform is designed to perform routine tasks autonomously, facilitating seamless communication in multiple languages and dialects. By leveraging this innovative technology, Front AI enables businesses to enhance their customer service capabilities and improve operational efficiency through the implementation of AI-driven service bots.
Lyfta
Grant in 2021
Lyfta is an educational platform designed to enhance teaching through immersive learning experiences. It provides teachers with access to a rich array of engaging content that helps simplify the introduction of complex topics. Utilizing advanced technologies such as 360°, virtual reality (VR), and augmented reality (AR), Lyfta offers interactive 360° worlds where students can explore real-life stories. The platform supports cross-curricular learning, covering subjects like literacy, social studies, geography, and global education, while also promoting essential 21st-century skills and values such as empathy, critical thinking, and tolerance. With its subscription-based model, Lyfta aims to equip educators with innovative resources that facilitate enjoyable and effective lesson delivery with minimal preparation.
Surrogate.tv
Grant in 2020
The remote control robotics and gaming platform.
Redkik
Grant in 2020
Redkik is a global Insurtech company focused on enhancing the insurance landscape for logistics and transportation. Its innovative platform streamlines the insurance process by replacing traditional, complex annual policies with on-demand, per-shipment cargo insurance. By integrating with licensed insurance providers, Redkik enables transport intermediaries to offer customized insurance solutions at the point of sale. This approach allows clients in the logistics and transportation sectors to access tailored, competitive quotes instantly, transforming the way insurance is managed within the industry. With a team experienced in logistics, risk management, and technology, Redkik aims to bring intelligence and efficiency to insurance, ultimately providing peace of mind for businesses and their customers.
TILT Biotherapeutics
Grant in 2020
TILT Biotherapeutics Ltd is a preclinical stage biotechnology company based in Helsinki, Finland, specializing in the development of genetically modified oncolytic viruses aimed at enhancing cancer treatments. The company's patented technology focuses on using these viruses to improve tumor T-cell therapies, including tumor-infiltrating lymphocyte (TIL) and chimeric antigen receptor (CAR-T) therapies, as well as checkpoint inhibitors. TILT Biotherapeutics is recognized as a leader in the global market for integrating oncolytic viruses with cancer immunotherapy. Their product pipeline includes TILT-123, TILT-234, and TILT-321, which are designed to modify the tumor microenvironment and counteract its suppression of immune responses. The innovative approach has the potential to replicate the successes seen in CAR-T therapy for solid tumors, similar to those achieved in hematological cancers.
REDi Ai
Grant in 2020
REDi Ai is a financial technology company developing next generation value transfer solutions. Our main product – the REDi Go platform, is an AI powered finance grid built on a novel propriety protocol that puts the power of a bank in your pocket. Now taking care of your day-to-day finances is as easy as sending a message to a friend. Features of REDi Go will include instant money transfer, free cardless payments, and smart digital rewards from your purchases. Our future services will grant you access to a free AI financial assistant, credit and more. Welcome to the future of finance!
Sessio Software
Grant in 2020
Problem Real-life contracts stall on ground level execution when loose spoken asks and promises fail and get ignored. Contracting at atomic detail level is hard and time consuming. Daily management falls partly into available easy channels like live meetings, handsakes, whatsapps, calls etc. Solution Fast and sharp video contracts. Sessio video contract is a smart tool that allows two independent operators to easily and reliably make a contract using image, audio, video, and drawing instead of writing to make a contract. The created video clip (.mp4) can be enriched with other features of the other platforms (integrations, message groups, digital signatures, block chains). In further development phases, the application can be extended to provide similar as self-attributable native features. And because a good contract includes the substance of execution, time and cost - Sessio delivers actually all from get go at one package even on the go.
Front AI
Grant in 2020
Front AI, founded in 2019 and based in Helsinki, Finland, specializes in developing advanced customer service chatbots utilizing conversational AI technology. The company focuses on automating customer service interactions across various sectors, including finance, telecommunications, and insurance. Its platform is designed to perform routine tasks autonomously, facilitating seamless communication in multiple languages and dialects. By leveraging this innovative technology, Front AI enables businesses to enhance their customer service capabilities and improve operational efficiency through the implementation of AI-driven service bots.
Palofy Analytics Oy
Grant in 2020
Palofy Analytics was a customer loyalty partner for SMEs and NGOs. We are developing analysis and forecasting tools that help merchants to get more sales and predict staffing needs. This also enables getting accurate analysis and predictions on channel, store, product group, or product level. Our licensed technology leverages existing payment cards as customer loyalty cards, reducing customer friction and removing work overhead from staff. We also help NGOs use portable contactless donation devices and onboard them acquirers. Service areas: • Restaurant and hospitality • Retail • Non-government organizations
Keliber
Grant in 2020
Keliber Oy is a Finnish mining company that seeks and develops lithium-rich spodumene pegmatite deposits in Central Ostrobothnia.
Lyfta
Grant in 2020
Lyfta is an educational platform designed to enhance teaching through immersive learning experiences. It provides teachers with access to a rich array of engaging content that helps simplify the introduction of complex topics. Utilizing advanced technologies such as 360°, virtual reality (VR), and augmented reality (AR), Lyfta offers interactive 360° worlds where students can explore real-life stories. The platform supports cross-curricular learning, covering subjects like literacy, social studies, geography, and global education, while also promoting essential 21st-century skills and values such as empathy, critical thinking, and tolerance. With its subscription-based model, Lyfta aims to equip educators with innovative resources that facilitate enjoyable and effective lesson delivery with minimal preparation.
Next Games
Grant in 2019
Next Games is a mobile game developer based in Helsinki, Finland, founded in 2013. The company focuses on creating free-to-play games that combine engaging narratives with innovative gameplay mechanics. Specializing in titles based on popular entertainment franchises, such as movies and TV series, Next Games aims to deliver a compelling and accessible gaming experience to a global audience. Through its unique approach, the company seeks to attract and retain players by merging storytelling with interactive entertainment.
Lyfta
Grant in 2019
Lyfta is an educational platform designed to enhance teaching through immersive learning experiences. It provides teachers with access to a rich array of engaging content that helps simplify the introduction of complex topics. Utilizing advanced technologies such as 360°, virtual reality (VR), and augmented reality (AR), Lyfta offers interactive 360° worlds where students can explore real-life stories. The platform supports cross-curricular learning, covering subjects like literacy, social studies, geography, and global education, while also promoting essential 21st-century skills and values such as empathy, critical thinking, and tolerance. With its subscription-based model, Lyfta aims to equip educators with innovative resources that facilitate enjoyable and effective lesson delivery with minimal preparation.
Headai
Grant in 2019
Headai Ltd. specializes in the development of software robots that automate a range of intellectual tasks for businesses. Founded in 2015 and based in Pori, Finland, the company provides a cloud service featuring teachable robots that can assist with everyday operations, corporate learning, and content discovery tailored to individual interests. Utilizing advanced algorithms that incorporate natural language processing and self-organized learning, Headai's technology enables clients to uncover insights from large datasets and recognize previously hidden connections. The software robots are designed to be interactive and adaptable, allowing organizations to streamline repetitive processes and improve efficiency in their operations.
Surrogate.tv
Grant in 2019
The remote control robotics and gaming platform.
Infinited Fiber
Grant in 2019
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.
Geopyörä Oy
Grant in 2019
Geopyörä is the state of the art in rock breakage characterization testing and it was developed to allow mining companies to test several samples at low cost for geometallurgical, comminution design and control applications
QuickBI
Grant in 2019
QuickBI offers a data pipeline service that enables users to create data pipelines from over 300 different data sources without requiring technical expertise. Its platform allows business professionals, such as CFOs and controllers, to set up data integration and reporting in as little as ten minutes. By automating data retrieval and reporting, QuickBI simplifies the process of connecting various data sources to a modern data warehouse, such as Google BigQuery. This efficiency allows clients, which include businesses like Fysios, Jungle Juice Bar, and Valtti Kumppanit, to concentrate on their core operations while accessing essential reporting data quickly and easily through user-friendly dashboards.
Comptek Solutions
Grant in 2018
Comptek Solutions Oy, founded in 2017 and based in Turku, Finland, specializes in developing advanced surface engineering technology known as Kontrox. This quantum-level process is designed to create defect-free surfaces for compound semiconductor devices, addressing the critical issues of oxidation that lead to performance limitations in products like MicroLEDs, lasers, and power electronics. By improving the crystalline quality of III-V-based semiconductors, Kontrox technology significantly enhances device performance, achieving notable improvements such as a 250% increase in efficiency and a 90-fold reduction in power consumption. Comptek Solutions has applications across various sectors, including optoelectronics and radio frequency technologies. The company has gained recognition for its innovative approach, receiving a Horizon2020 SME phase I grant from the EU in 2018 and being shortlisted as a top semiconductor spinoff in the inaugural Spinoff Prize competition by Nature Research in 2020.
Pole Bicycles
Grant in 2018
Pole Bicycles is a Finnish mountain bike brand. We make our bikes sustainably in Finland for an unrivaled riding experience. All our CNC-machined bikes are made in-house in our factory in Finland.
Hellon
Grant in 2018
Hellon is a consulting firm that specializes in customer experience design, helping businesses evolve towards more human-centered interactions. The company offers a range of services, including competitor analysis, product and pricing research, cultural transformation, and ethnographic investigations. By focusing on employee and culture research as well as advanced conversion analysis, Hellon enables clients to innovate and transform their operations effectively. Their approach is grounded in solid processes and extensive experience, allowing them to deliver meaningful customer value, enhance loyalty, and improve overall business performance. Through strategic insights and a commitment to driving change, Hellon positions its clients to outperform their competitors in the marketplace.
Resimator Oy
Grant in 2018
In recent decades we have witnessed the widespread manifesto of housing automation and the concept of smart housing. Meanwhile, housing companies are still facing several problems in managing their tenants and properties. Clearly, there is lack of the prompt and robust communication channel between the residents, housing companies, and their service providers. As remedy, we are developing modern and comprehensive housing management solution that significantly lowers the communication overhead between different services required for smooth running of the residential properties. We, Resimator {Residence Management Automator}, provide a fully Integrated Housing Management Solution designed to manage all key process for a modern housing organisation. Our product aims to bring all the parties involved in the residential sector (i.e. housing company, real estates, tenants and service providers) to a common communication channel and automate the services within. We provide Web and Mobile Applications for tenants and housing managers, which supports Housing Management and Repairs & Asset Management. Using our platform, housing information and services can be organized within a single system. Managers/Property Managers can quickly and easily access the information they need and help their tenants in possible real time. In short, housing property manager can deliver improved tenant services with greater efficiency.
AdLaunch
Grant in 2018
AdLaunch specializes in AI-powered video ad creation, offering an online platform that simplifies the process of launching video advertising campaigns. The service allows users to easily create videos by combining provided content with necessary materials. Its user-friendly web tool also supports the duplication of compositions, enabling businesses to test various elements of their ads efficiently. This approach helps companies initiate internet video advertising quickly and cost-effectively, making it accessible for a range of budgets and needs.
Soma
Grant in 2018
Soma provides classified, blockchain, development, marketplace, ethereum , blockchain, cryptocurrency, ecommerce, social media, provenance, logistics, tracking, and value chain services.
Twice Commerce
Grant in 2018
Twice Commerce offers a cloud-based platform designed to assist merchants in enhancing their profitability through a transformative resale model. By enabling businesses to sell items multiple times, Twice Commerce not only increases revenue but also promotes sustainable practices, aligning financial success with ecological responsibility. The company's software streamlines operations for rental shops, covering essential functions such as inventory management, booking and reservations, rental contracts, payments, and integration of online and offline sales channels. This comprehensive approach helps rental entrepreneurs create a seamless experience for their customers while extending the lifecycle of products and reducing environmental impact. Ultimately, Twice Commerce fosters a movement where economic prosperity and sustainability go hand in hand, empowering merchants to achieve financial stability while contributing positively to the planet.
Rentmania
Grant in 2018
Our service connects owners who possess underutilized high-value items such as motorhomes, furniture, AV equipment, etc with people who need them temporarily. We provide a turnkey service: Escrow-payment, ID-check, instant insurance, delivery on request, and f#cking great cross-device UX. Service takes a commission of 15-35% from every transaction (depends on the category). Our long-term vision is to turn expensive goods into assets at no additional risk. It's a new philosophy of tech-enabled consumption for a sustainable future.
Toristy
Grant in 2018
Toristy is a SaaS company that specializes in enhancing the visibility of tours, activities, and holiday experiences for tourists. By developing a channel management platform, Toristy enables partners such as airlines, ferries, trains, and hotels to create customized embedded marketplaces that facilitate the distribution and sale of curated travel products and services. This approach allows travel companies to generate new revenue streams and increase bookings without incurring substantial marketing expenses. By streamlining the process, Toristy helps distributors provide tourists with easy access to local experiences, capitalizing on the significant portion of purchases made through word of mouth.
Parking Energy
Grant in 2018
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
Comptek Solutions
Grant in 2018
Comptek Solutions Oy, founded in 2017 and based in Turku, Finland, specializes in developing advanced surface engineering technology known as Kontrox. This quantum-level process is designed to create defect-free surfaces for compound semiconductor devices, addressing the critical issues of oxidation that lead to performance limitations in products like MicroLEDs, lasers, and power electronics. By improving the crystalline quality of III-V-based semiconductors, Kontrox technology significantly enhances device performance, achieving notable improvements such as a 250% increase in efficiency and a 90-fold reduction in power consumption. Comptek Solutions has applications across various sectors, including optoelectronics and radio frequency technologies. The company has gained recognition for its innovative approach, receiving a Horizon2020 SME phase I grant from the EU in 2018 and being shortlisted as a top semiconductor spinoff in the inaugural Spinoff Prize competition by Nature Research in 2020.
Triumf Health
Grant in 2018
We offer a personalised approach to improve patient outcomes and empower ill children to live healthier lives by delivering digital therapeutics through a mobile game. Our aim is to become the global leader in digital therapeutics for pediatric patients. Triumf was named as the TOP digital health company in Europe in 2019 and in TOP20 across all industries in Europe. The company combines game environment and validated psychological theories for children to monitor and support their well-being in a personalized manner by using machine learning. The data from the game is analyzed and gathered to a dashboard for the care team to improve treatment monitoring, medical visit effectiveness and patient-doctor communication. Digital health interventions such as the Triumf game have great potential to act as health improving scalable tools by contributing to the effectiveness, accessibility and personalisation of healthcare delivery. However, digital solutions need to be evaluated using scientific methodology to prove their effectiveness and safety. We completed a multi-site clinical study in 2018 among pediatric cancer patients and showed that Triumf digital health intervention has a positive effect on players emotional state and health related quality of life. We showed that the total acceptability percentage of the game was 86%. Importantly, 100% answered that the game was easy to use and the content and information was useful and trustworthy. Furthermore, 100% would recommend the game to a friend. By comparing pre-study and post-study mean scores of mental wellbeing and quality of life, we found improvements in mental health and health related quality of life. We have proven that play is the way to healthier life. The research is now published in the digital journal JMIR. Randomised control trials amongst pediatric diabetes patients and children undergoing surgery are currently ongoing in Singapore, Estonia and Finland. Triumf mobile health game is available for Android operating system and it features paths for kids with 1. cancer; 2. diabetes; 3. asthma 4.weight problems 5.surgery. It is available in English, Russian, Finnish and Estonian languages (Spanish in pipeline).
AdLaunch
Grant in 2017
AdLaunch specializes in AI-powered video ad creation, offering an online platform that simplifies the process of launching video advertising campaigns. The service allows users to easily create videos by combining provided content with necessary materials. Its user-friendly web tool also supports the duplication of compositions, enabling businesses to test various elements of their ads efficiently. This approach helps companies initiate internet video advertising quickly and cost-effectively, making it accessible for a range of budgets and needs.
EatAndTheCity
Grant in 2017
EatAndTheCity helps international newspapers, magazines, local media & food guides monetise the influence of their content. We enhance the communication between local communities and local media. Their revenue generating restaurant journalism platform for media companies allows users to not only discover but to reserve gastronomic experiences. EatAndTheCity’s white label platform already collaborates with leading companies in Finland and Estonia and Germany. Media and publishing companies are able to leverage their connection with local communities to generate new revenue streams. Combining these features and the business model in cooperation with local media companies differentiates us from the competitors.
SPOT-A-SHOP
Grant in 2017
SPOT-A-SHOP, founded in 2015, is an e-commerce platform that consolidates international fashion web stores and their discounted products into a single destination. It specializes in offering a variety of designer shoes, clothing, and apparel for men, women, and children. By partnering with various online retailers, SPOT-A-SHOP provides customers with a broad selection of items while facilitating convenient payment options, including cash on delivery, credit or debit card transactions, and net banking. This approach allows consumers to easily access fashionable products at competitive prices.
Frameright
Grant in 2017
Frameright is a developer of innovative content management systems focused on optimizing image display across various platforms. The company offers technology that ensures images are presented in the correct ratios and sizes, regardless of the channel or screen used. Frameright combines advanced image cropping capabilities with a suite of software and services that facilitate the management of metadata and enable users to streamline their publishing workflows. By allowing users to control and adapt their images for different containers and screens, Frameright enhances the efficiency of image management while ensuring that creators maintain control over their visual narratives. The integration of custom AI technology further accelerates workflows, making Frameright a vital tool for photographers, developers, and businesses alike.
Parking Energy
Grant in 2017
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
Parking Energy
Grant in 2017
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
Nuuka
Grant in 2017
Nuuka is a Finnish company that specializes in optimizing HVAC systems, energy management, and indoor climate for large building portfolios. Its software-as-a-service platform is designed for both new and existing public and commercial buildings, allowing integration with various building management systems, HVAC units, indoor air quality sensors, and energy meters. By providing real-time monitoring and management capabilities, Nuuka enhances energy efficiency and indoor air quality while reducing operational costs and promoting sustainability. The platform automates data collection from multiple sources, enabling real estate owners, developers, retail chains, and municipalities to make informed decisions that contribute to smarter, more sustainable building practices.
Parking Energy
Grant in 2016
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
Sometrik
Grant in 2016
We find patterns in social noise. Sometrik develops technology to dig out the underlying social structure in data. We help people to focus on their jobs instead of trying to make sense of analytics. Our clients include companies, corporations, governmental organizations and NGO's. Sometrik is build on years of experience in research, consultancy and technology development. Funded by Tekes, Finnvera and the Salomaa Group
Sessio Software
Grant in 2016
Problem Real-life contracts stall on ground level execution when loose spoken asks and promises fail and get ignored. Contracting at atomic detail level is hard and time consuming. Daily management falls partly into available easy channels like live meetings, handsakes, whatsapps, calls etc. Solution Fast and sharp video contracts. Sessio video contract is a smart tool that allows two independent operators to easily and reliably make a contract using image, audio, video, and drawing instead of writing to make a contract. The created video clip (.mp4) can be enriched with other features of the other platforms (integrations, message groups, digital signatures, block chains). In further development phases, the application can be extended to provide similar as self-attributable native features. And because a good contract includes the substance of execution, time and cost - Sessio delivers actually all from get go at one package even on the go.
Invesdor
Grant in 2016
Invesdor is a fintech platform based in Northern Europe, founded in 2012 and headquartered in Helsinki, with additional offices in Stockholm. The platform facilitates equity crowdfunding, enabling both private and publicly traded companies from Finland, Sweden, Norway, Denmark, and the UK to raise funds efficiently. Invesdor connects investors from over 70 countries with ambitious European growth companies, making investment opportunities accessible and secure. The firm's offerings include equity and bond investments, catering to a diverse range of clients and promoting next-generation financial services for private growth companies in the region.
Goodwiller
Grant in 2015
Goodwiller creates laboratory-level diagnostics for consumers at retail prices. Our first product, PROMILLESS - reliable alcohol test that fits into your small wallet, is already launched to the Nordic markets and we are planning for further expansion.
Smarp
Grant in 2014
Smarp is an employee communications and advocacy platform designed to enhance engagement within enterprise businesses by facilitating effective communication across the workforce, including both corporate and frontline employees. The platform allows organizations to create, aggregate, and automatically distribute personalized content to every employee while enabling them to share select messages externally. This approach aims to improve goal alignment, enhance employee experience, and boost productivity, ultimately contributing to higher profitability and staff retention rates. Trusted by over 300 companies worldwide, including notable organizations like Amazon, Marriott, and L’Oréal, Smarp plays a crucial role in helping businesses inform and engage their personnel effectively.
Invesdor
Grant in 2014
Invesdor is a fintech platform based in Northern Europe, founded in 2012 and headquartered in Helsinki, with additional offices in Stockholm. The platform facilitates equity crowdfunding, enabling both private and publicly traded companies from Finland, Sweden, Norway, Denmark, and the UK to raise funds efficiently. Invesdor connects investors from over 70 countries with ambitious European growth companies, making investment opportunities accessible and secure. The firm's offerings include equity and bond investments, catering to a diverse range of clients and promoting next-generation financial services for private growth companies in the region.
EkoRent
Grant in 2014
EkoRent is an electric car rental service based in Espoo, Southern Finland, that allows individuals to rent fully electric vehicles on an hourly basis. Founded by Juha Suojanen in March 2014, EkoRent provides car rental, car sharing, and ridesharing services tailored to the needs of both businesses and private customers. Users can access vehicles from nearby EkoRent stations through the company's mobile application, which enables them to unlock the cars using a smartphone or text message. The service is designed to be carbon dioxide emission-free, helping clients to reduce pollution and avoid traffic congestion while promoting environmentally friendly transportation options.
Bonusway
Grant in 2014
Bonusway is a Helsinki-based growth company. Bonusway offers cash rewards and online shopping inspiration for consumers. For eCommerce businesses they offer loyal customers and a way to reach their marketing goals. Bonusway operates in Russia, Nordic Countries CEE and Turkey and is the market leader in Northern and Eastern Europe with over 5 000 000 users and 8 000 eCommerce partners worldwide. In Russia Bonusway operates under brand Kopikot . Bonusway was formerly known as internationally as Bonusbay and in Finland as Ostohyvitys.fi
CBTec Oy
Grant in 2014
CBTec Oy has been established by ex-Nokia and ex-Meego employees in February 2012 with a vision is to democratize education with technology. This vision comes from belief that education should be available to all and everywhere. Going back to history, the great philosopher Plato started the first Academy in the world in an olive tree grove, also known as Elia in Greek. It was a remarkable event which for the foundation for human education. However, Plato's Academy was available only for people of Athens. Applying the same philosophy and taking it further, CBTec believes education should be available to everyone all over the world, thus Eliademy was created. Eliademy supports educators and students with free online classrooms that enable them create, share and manage courses. Universities, colleges, trainers, coaches, hobby clubs among others can use it as a free learning management system and course content created by the teacher will always belong to them. With its smart and friendly interface, fast and easy to use features, educators are able to engage students with features such as discussion boards, videos, images, newsfeed, visual notifications and calendar, anytime, from any corner of the world.
Pole Bicycles
Grant in 2013
Pole Bicycles is a Finnish mountain bike brand. We make our bikes sustainably in Finland for an unrivaled riding experience. All our CNC-machined bikes are made in-house in our factory in Finland.
Bonusway
Grant in 2012
Bonusway is a Helsinki-based growth company. Bonusway offers cash rewards and online shopping inspiration for consumers. For eCommerce businesses they offer loyal customers and a way to reach their marketing goals. Bonusway operates in Russia, Nordic Countries CEE and Turkey and is the market leader in Northern and Eastern Europe with over 5 000 000 users and 8 000 eCommerce partners worldwide. In Russia Bonusway operates under brand Kopikot . Bonusway was formerly known as internationally as Bonusbay and in Finland as Ostohyvitys.fi
ThirdPresence
Grant in 2010
ThirdPresence specializes in providing an optimal brand environment and user experience for video advertising. The company operates a contextual buying intent data platform designed for agencies, demand-side platforms, ad networks, supply-side platforms, and publishers. This platform facilitates the hosting and delivery of video ads across various placements on video-capable mobile devices. ThirdPresence tracks all video playback events, collecting and reporting relevant data to its clients. By offering a subscription-based service that scales with content delivery, the company enables publishers and advertisers to enhance customer engagement, discover new audiences, and drive revenue growth. With offices in Helsinki, New York, and London, ThirdPresence is supported by both institutional and angel investors.
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