Innovestor Ventures

Innovestor is a nordic venture capital investor and financial services company. For investors, Innovestor offers attractive opportunities to invest in carefully selected growth companies. For growth companies, Innovestor offers funding at competitive terms and valuable insight from a team of experienced professionals and industry experts. Innovestor offices are located in Helsinki. Innovestor Ltd. is supervised by Finnish Financial Supervisory Authority.

Janne Juhola

Partner

Hannu Jungman

Partner

Sara Kangaspeska

Investment Director

Petri Laine

Managing Partner

Myron Seto

Partner

Tommi Aijala

CEO and Co-Founder

Past deals in Nordic Europe

Gesynta Pharma

Series B in 2025
Gesynta Pharma AB is a clinical-stage pharmaceutical company based in Solna, Sweden, focused on developing innovative treatments for chronic inflammatory conditions through the inhibition of the pro-inflammatory enzyme microsomal prostaglandin E synthase-1 (mPGES-1). Originating from research at Karolinska Institutet, the company's most advanced drug candidate, vipoglanstat (GS-248), is being developed as a non-hormonal treatment for endometriosis, a prevalent and painful condition affecting many women of reproductive age. In preclinical studies, vipoglanstat has shown significant reductions in endometriotic lesions, pain relief, and improved well-being, with plans for a clinical phase II study underway. Additionally, Gesynta Pharma is preparing to advance another drug candidate, GS-073, into clinical phase I for a different inflammatory condition in 2023. The company aims to provide safe and effective treatment options for patients facing serious diseases related to chronic inflammation. Founded in 2017, Gesynta Pharma is supported by various investors, including Hadean Ventures, Industrifonden, and Linc.

Teitur Trophics

Series A in 2023
Teitur Trophics is a biotech company based in Aarhus, Denmark, established in 2020. The company focuses on developing circular peptides aimed at addressing neurodegenerative diseases. By studying small peptides that interact with receptors crucial for neural function, Teitur Trophics aims to understand the underlying biology and modulate key mechanisms involved in neural activity. This research is intended to support healthcare professionals in creating treatments that can prevent the onset of neurodegenerative conditions through daily injections.

OGOship

Seed Round in 2021
OGOship Oy is a third-party logistics provider specializing in services for e-commerce businesses. Founded in 2011 and headquartered in Helsinki, Finland, the company offers a comprehensive logistics solution that includes warehousing, shipping, and supply chain management. With a network of warehouses across multiple countries, including Sweden, the Netherlands, and Estonia, OGOship enables online retailers to store products closer to their customers, thereby reducing delivery times. The company also supports businesses by providing an online platform for managing logistics and offers consulting services to streamline operations. By catering to small and medium-sized e-retailers, OGOship makes it possible for these businesses to outsource their logistics needs effectively, ensuring they can compete with larger retailers while benefiting from flexible and efficient services.

Innomost

Seed Round in 2021
Innomost specializes in the development and production of high-value bioactive ingredients derived from forest industry byproducts, particularly Finnish birch. The company's product portfolio includes birch charcoal powder, birch bark powder, betulin, suberin, and azelaic acid, which serve as innovative components for various cosmetic applications, including skincare, haircare, body care, decorative cosmetics, and oral care. Innomost's offerings are designed to be vegan, gluten-free, and allergen-free, allowing clients to source ethically produced and biodegradable raw materials for their products. This focus on sustainability and innovation positions Innomost as a key supplier in the cosmetics and personal care industry.

Aatos

Seed Round in 2021
Aatos is a legal tech company that has revolutionized the Nordic consumer law industry through its fully automated online platform. Launched in 2020, Aatos offers a variety of legal services, including divorce, prenups, wills, and powers of attorney, all accessible without the need for a lawyer. Since its inception, the company has achieved significant growth, generating a yearly revenue of 1.4 million euros in 2022 and assisting over 30,000 paying customers. Aatos has expanded its operations to three markets and has established itself as a leading legal service provider in Finland, capturing approximately 10% of the divorce market. By streamlining legal processes, Aatos enables individuals to address their legal matters quickly and efficiently.

Surgify

Series C in 2021
Surgify is engaged in the development of an innovative technology aimed at enhancing bone surgery outcomes. This technology focuses on protecting proximal soft structures during surgical procedures, thereby minimizing the risk of complications such as bleeding, infections, and nerve injuries. By collaborating closely with the Neurosurgical Department of Helsinki University Central Hospital, Surgify ensures that its solutions are informed by the needs of clinicians. The company is currently preparing to commercialize its technology, with support from the Finnish Funding Agency for Innovation. Through its advancements, Surgify aims to reduce patient suffering and improve overall quality of life for individuals undergoing bone surgery.

Monidor Oy

Venture Round in 2020
Monidor Oy is a Finnish company based in Oulu, founded in 2015. The company specializes in developing innovative electronic devices, notably its flagship product, Monidrop, which is an automated infusion monitor designed for intravenous infusion therapy. Monidor Oy focuses on enhancing the efficiency and safety of medical treatments through advanced technology.

Synoste

Venture Round in 2018
Synoste Oy, founded in 2007 and based in Espoo, Finland, specializes in developing innovative solutions for the treatment of skeletal deformities. The company focuses on patient-friendly technologies for various conditions, including congenital limb discrepancies, trauma-related injuries, and craniomaxillofacial deformities. Its flagship product is a third-generation limb-lengthening system that incorporates smart materials, designed to enhance patient comfort during the often-complicated lengthening procedure. This advanced device aims to reduce complications and facilitate quicker recovery, making it a significant improvement over traditional methods. As a subsidiary of Globus Medical, Inc., Synoste continues to advance its mission of providing effective and less painful treatment options for individuals with skeletal deformities.

Forendo Pharma

Venture Round in 2018
Forendo Pharma Oy is a drug discovery and development company based in Turku, Finland, established in 2013. The company focuses on the tissue-specific regulation of sex hormone effects to address various urological and endocrinological diseases. Its key products include Fispemifene, a selective estrogen receptor modulator designed to treat symptoms of low testosterone in men, and a 17HSD1-inhibitor targeting endometriosis. Forendo Pharma aims to enhance treatment options for both men's and women's health by developing innovative therapies that address unmet medical needs in gynecological conditions, such as endometriosis and polycystic ovarian syndrome.

Aranda Pharma

Venture Round in 2018
Aranda Pharma Oy is a Finnish biopharmaceutical company focused on discovering and developing small molecule drugs aimed at addressing unmet medical needs in elderly patients. Founded in 2015 and based in Kuopio, the company primarily targets advanced prostate cancer and neurodegenerative diseases. Aranda Pharma's development efforts include ADA-409, which offers cytoprotection, and ADA-308, an androgen receptor antagonist designed for patients resistant to first and second-generation treatments. Additionally, the company explores novel antiandrogen drugs that can effectively treat conditions such as hair loss and acne, thereby improving the quality of life for affected individuals while maintaining a non-toxic profile.

Ledistys

Seed Round in 2017
Ledistys Oy is a Finnish company specializing in the design, manufacture and sale of LED luminaires, whose products enlighten industry, agriculture, trade items and many stores and leisure buildings. Their company's operations are based on customer needs definition and optimum lighting solution design taking into account the requirements set by the target and comprehensive service so that the customer receives all the LED lighting solutions they need from design to implementation

IndoorAtlas

Series B in 2017
IndoorAtlas Ltd. specializes in magnetic field-based indoor location technology, which allows for precise positioning within buildings using smartphones. Founded in 2012 and headquartered in Oulu, Finland, the company offers a range of tools for developers to create indoor location-aware applications without requiring additional hardware such as Bluetooth or Wi-Fi. Its solutions include IndoorAtlas Floor Plans for managing building layouts, Map Creator for generating magnetic maps, and a Maps API for developing indoor location applications. This technology provides real-time location tracking with an accuracy of 1-2 meters, enabling various applications such as store promotions, mobile gaming, and logistics optimization. IndoorAtlas also has research and development centers in Oulu and Oxford, United Kingdom, supporting its mission to enhance indoor navigation and location services globally.

Taitori

Seed Round in 2017
Taitori Oy is a Finnish software company established in 2010, focused on enhancing the employee experience through innovative digitization solutions. The company specializes in software development and consultancy services that simplify space management, booking, and reporting processes. Taitori's platform enables users to efficiently book meeting spaces, arrange catering, and automatically provide arrival instructions to visitors. By facilitating connections between people and spaces, Taitori aims to optimize customer experiences while addressing business continuity, disaster recovery, and security-related planning.

Yepzon

Venture Round in 2017
Yepzon is a prominent manufacturer and service provider of location devices, established in 2013 and based in Tampere, Finland. The company specializes in creating simple yet effective tracking devices that leverage a combination of GPS, WiFi, and 3G technologies, offering a significant advantage over competitors. Yepzon's products cater to both consumer and enterprise markets, providing solutions for monitoring and locating family members, pets, and valuable assets. The devices are designed for extended use, capable of operating for weeks on a single charge while ensuring quick connectivity to smartphones or tablets. With a focus on indoor positioning and utilizing Google databases, Yepzon has positioned itself at the forefront of the location technology sector, having secured $3.7 million in funding since its inception.

Dottli

Venture Round in 2017
Dottli is a digital health company based in Finland. Improving life with diabetes is Their first area of focus. Their app for diabetes is designed to help manage and monitor your health better. The number of people with health problems is on the rise globally. Obesity is a growing problem and diabetes, especially type II, is expanding rapidly. There are already over 400 million diabetics in the world and according to Reuters, diabetes kills more people than HIV, tuberculosis and malaria combined. Unfortunately, someone dies of diabetes every six seconds.

Spectral Engines

Venture Round in 2017
Spectral Engines Oy, founded in 2014 and headquartered in Helsinki, Finland, specializes in the development and production of advanced spectral sensors, particularly employing micro-electro-mechanical system (MEMS) technology. The company manufactures miniaturized sensors that make spectroscopy accessible at a competitive price point, catering to various applications including moisture measurements in pharmaceutical powders, food composition analysis, and gas detection. Its product offerings include OEM sensors, application development kits, gas sensors, portable instruments, and software development kits. Spectral Engines serves a diverse range of industries, including agriculture, food and beverage, and pharmaceuticals, providing clients with the capability for cloud connectivity and advanced algorithm integration. As of May 2018, Spectral Engines operates as a subsidiary of m-u-t AG.

Yepzon

Venture Round in 2016
Yepzon is a prominent manufacturer and service provider of location devices, established in 2013 and based in Tampere, Finland. The company specializes in creating simple yet effective tracking devices that leverage a combination of GPS, WiFi, and 3G technologies, offering a significant advantage over competitors. Yepzon's products cater to both consumer and enterprise markets, providing solutions for monitoring and locating family members, pets, and valuable assets. The devices are designed for extended use, capable of operating for weeks on a single charge while ensuring quick connectivity to smartphones or tablets. With a focus on indoor positioning and utilizing Google databases, Yepzon has positioned itself at the forefront of the location technology sector, having secured $3.7 million in funding since its inception.

Venuu

Seed Round in 2016
Venuu is an event services company based in Southern Finland, established in 2013, that operates an online booking platform for event venues. The platform allows users to search for and book a variety of spaces suitable for parties, weddings, seminars, meetings, and other events. It provides a comprehensive solution for clients seeking to host events, enabling them to easily find and reserve venues such as banquet halls, meeting rooms, and saunas. Additionally, Venuu offers venue owners a cost-effective channel for sales and marketing, allowing them to list their spaces and connect with potential customers.

Linkker

Venture Round in 2016
Linkker is a manufacturer of electric vehicles, specializing in the production of advanced electric buses designed to meet public transportation needs sustainably. With over a decade of experience, the company focuses on innovative design and operational performance, aiming to deliver pollution-free transportation solutions. Linkker's electric buses feature lightweight chassis and energy-efficient drivetrains, developed through rigorous testing and adaptation to challenging road and climate conditions in Finland. By integrating advanced electric vehicle technology with public transportation systems, Linkker enables cities worldwide to adopt environmentally friendly solutions that reduce fuel consumption and promote a cleaner future. The company's commitment to innovation and sustainability positions it as a leader in the electric bus market.

Linkker

Venture Round in 2015
Linkker is a manufacturer of electric vehicles, specializing in the production of advanced electric buses designed to meet public transportation needs sustainably. With over a decade of experience, the company focuses on innovative design and operational performance, aiming to deliver pollution-free transportation solutions. Linkker's electric buses feature lightweight chassis and energy-efficient drivetrains, developed through rigorous testing and adaptation to challenging road and climate conditions in Finland. By integrating advanced electric vehicle technology with public transportation systems, Linkker enables cities worldwide to adopt environmentally friendly solutions that reduce fuel consumption and promote a cleaner future. The company's commitment to innovation and sustainability positions it as a leader in the electric bus market.

Yepzon

Venture Round in 2015
Yepzon is a prominent manufacturer and service provider of location devices, established in 2013 and based in Tampere, Finland. The company specializes in creating simple yet effective tracking devices that leverage a combination of GPS, WiFi, and 3G technologies, offering a significant advantage over competitors. Yepzon's products cater to both consumer and enterprise markets, providing solutions for monitoring and locating family members, pets, and valuable assets. The devices are designed for extended use, capable of operating for weeks on a single charge while ensuring quick connectivity to smartphones or tablets. With a focus on indoor positioning and utilizing Google databases, Yepzon has positioned itself at the forefront of the location technology sector, having secured $3.7 million in funding since its inception.

Labrox

Seed Round in 2015
Labrox is a Finnish company, established in 2011, that focuses on the design, development, and manufacturing of multimode plate reader platforms and detection systems. Catering primarily to academic laboratories, the pharmaceutical industry, and in-vitro diagnostics companies, Labrox offers a range of products that support pharmaceutical development, research, quality control, and manufacturing process monitoring. The company emphasizes delivering high-quality turnkey solutions, from individual technology modules to comprehensive multimode readers. With extensive experience in detection systems, mechanics, electronics, and software, Labrox ensures that its customers receive instruments that meet rigorous performance and quality standards.

Plantui

Series A in 2015
Plantui is a Finnish company that specializes in creating smart indoor gardening systems, designed to facilitate hydroponic gardening. Established in 2012, the company offers a flowerpot equipped with an advanced light system and an automatic watering pump, allowing users to cultivate fresh salads, herbs, and medicinal plants conveniently at home. The system utilizes a unique combination of LED-light recipes and irrigation rhythms that adapt to the growth phases of the plants. Plantui's innovative approach to indoor gardening has garnered recognition, including the prestigious Red Dot Design Award in 2015 for its Smart Garden design, which has enhanced its visibility in markets across Europe and Asia. Additionally, the company secured a global patent for its hydroponic gardening method in 2016, underscoring its commitment to making gardening accessible and enjoyable for everyone.

Linkker

Series A in 2014
Linkker is a manufacturer of electric vehicles, specializing in the production of advanced electric buses designed to meet public transportation needs sustainably. With over a decade of experience, the company focuses on innovative design and operational performance, aiming to deliver pollution-free transportation solutions. Linkker's electric buses feature lightweight chassis and energy-efficient drivetrains, developed through rigorous testing and adaptation to challenging road and climate conditions in Finland. By integrating advanced electric vehicle technology with public transportation systems, Linkker enables cities worldwide to adopt environmentally friendly solutions that reduce fuel consumption and promote a cleaner future. The company's commitment to innovation and sustainability positions it as a leader in the electric bus market.

LNGTainer

Series A in 2014
LNGTainer Ltd., founded in 2011 and based in Helsinki, Finland, specializes in the development of innovative plug-in containers for the transportation and storage of liquefied natural gas (LNG). Its patented containers are designed to be compatible with existing global infrastructure used for standard shipping containers, making them a cost-effective alternative to traditional high-pressure LNG containers. This solution facilitates the use of ordinary container vessels for maritime transport and simplifies logistics for land transport via container trucks, significantly reducing the need for expensive, specialized vessels and storage facilities. LNGTainer's modular and scalable approach to container orders enhances accessibility for a broader customer base in the LNG energy distribution market. Furthermore, the containers are equipped with a direct gas outlet, allowing for easy integration into consumers' gas systems. The company's offerings not only promote cost efficiency but also support environmentally friendly energy solutions.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.