SemiQon
Venture Round in 2025
SemiQon is a Finnish startup spun out from VTT Technical Research Centre. It specializes in developing silicon-based quantum processors using novel semiconductor qubit technology, aiming to advance the scalability and sustainability of quantum computing.
Delta Cygni Labs
Venture Round in 2024
Delta Cygni Labs develops POINTR, a remote video collaboration platform powered by augmented reality and a secure telecommunications protocol. The solution enables mission-critical field service across energy, machinery, and maritime industries, with deployments that support real-time video, artificial intelligence, drones, and the Internet of Things. The platform also includes projected augmented reality tools designed to assist astronauts in intra- and extravehicular activities, contributing to safer operations on Earth and in space. The company serves customers including KONE, Wärtsilä, Valmet, Schneider Electric, and Ford, and maintains offices and partnerships in Finland, Germany, Brazil, Russia, and Japan. Delta Cygni Labs focuses on secure, reliable communications for high-stakes environments and enables remote collaboration and data streaming for complex field tasks and space missions.
TILT Biotherapeutics
Venture Round in 2024
TILT Biotherapeutics Ltd is a preclinical stage biotechnology company based in Helsinki, Finland, specializing in the development of genetically modified oncolytic viruses to enhance T-cell therapies for cancer treatment. Established in 2013, the company focuses on utilizing its patented technology to improve tumor-infiltrating lymphocyte (TIL) and chimeric antigen receptor (CAR-T) therapies, as well as checkpoint inhibiting antibody treatments. TILT Biotherapeutics is advancing products such as TILT-123, TILT-234, and TILT-321, which aim to modify the tumor microenvironment and boost immune responses against cancer. The company's innovative approach holds promise for achieving effective results in treating solid tumors, paralleling the successes seen in hematological tumors.
Delta Cygni Labs
Grant in 2024
Delta Cygni Labs develops POINTR, a remote video collaboration platform powered by augmented reality and a secure telecommunications protocol. The solution enables mission-critical field service across energy, machinery, and maritime industries, with deployments that support real-time video, artificial intelligence, drones, and the Internet of Things. The platform also includes projected augmented reality tools designed to assist astronauts in intra- and extravehicular activities, contributing to safer operations on Earth and in space. The company serves customers including KONE, Wärtsilä, Valmet, Schneider Electric, and Ford, and maintains offices and partnerships in Finland, Germany, Brazil, Russia, and Japan. Delta Cygni Labs focuses on secure, reliable communications for high-stakes environments and enables remote collaboration and data streaming for complex field tasks and space missions.
IQM Quantum Computers
Grant in 2024
IQM Quantum Computers, founded in 2018 and headquartered in Espoo, Finland, specializes in developing and manufacturing hardware systems for quantum computing. The company focuses on scalable hardware solutions utilizing superconducting technology to build quantum processors for universal quantum computers. By concentrating on practical applications, IQM aims to enhance quantum computing capabilities and address challenges faced by various industries and society. As a spin-out from Aalto University and the VTT Technical Research Centre of Finland, IQM has achieved significant advancements in areas such as thermal management, which are crucial for improving computational speed and information accuracy. The company's innovations position it as a leader in the global pursuit of large-scale quantum computing solutions. IQM also offers access to its hardware for research laboratories and supercomputing centers, helping businesses reduce error rates that currently limit computing performance.
Basemark specializes in developing augmented reality software for enhanced driver awareness and safety. It offers tools to avoid occlusion, prevent motion sickness, and support multiple in-vehicle displays, enabling automotive manufacturers to create practical AR applications.
Comptek Solutions
Series A in 2023
Comptek Solutions is a Finnish developer specializing in advanced surface engineering for compound semiconductors. Its Kontrox quantum surface engineering process creates defect-free, crystalline surfaces on III-V materials, enabling higher-quality semiconductor devices used in CMOS manufacturing, radio frequency components, optoelectronics, power electronics, and concentrated photovoltaics. Founded in 2017 and based in Turku, the company also offers passivation technologies that mitigate aggressive oxidation, reducing atomic-level defects and improving device efficiency, reliability and manufacturability. Kontrox has demonstrated substantial performance gains in devices such as microLEDs, and the company provides customized services to fit diverse substrate and fabrication flows, helping clients produce more efficient, reliable, and affordable devices across optoelectronics, RF and power electronics markets.