Yeply Mobile Bike Service is a Finnish start-up based in Helsinki that focuses on providing convenient bicycle maintenance through mobile servicing. Founded in 2016, the company aims to make bicycle care an easy and efficient process for all cyclists, whether they are everyday riders or part of professional fleets. Yeply's mobile units perform preventive maintenance and repairs on-site, allowing customers to have their bikes serviced without the need to visit a shop. In addition to servicing, the company collects valuable data on repairs and end-use, which can benefit manufacturers. By valuing every cyclist and promoting accessible cycling, Yeply reinforces its belief that cycling should be an inclusive activity for everyone.
UpCloud Ltd is a cloud hosting company that specializes in providing infrastructure-as-a-service to business-critical customers. Founded in 2011 and based in Helsinki, Finland, it operates high-performance cloud servers on enterprise-grade hardware, with data centers located in London, Chicago, Frankfurt, and Helsinki. The company emphasizes extreme redundancy, a 100% service-level agreement, and flexible resources, ensuring high performance across all service levels. UpCloud's competitive pricing positions it as one of the most cost-effective options in Europe. Additionally, it offers software-defined networking services, allowing clients to create and configure flexible private networks for enhanced cloud connectivity. An easy-to-use control panel and mobile apps for iOS and Android enable administrators to monitor server performance conveniently.
Wirepas Ltd. is a Finnish company established in 2010, specializing in wireless communication solutions for the Internet of Things (IoT). Based in Tampere, Wirepas develops Pino, a unique multi-hop mesh network solution that enables reliable and scalable connectivity for IoT devices. This technology supports the creation of autonomous networks that can expand to millions of devices without the need for traditional infrastructure. Wirepas Pino offers deterministic performance, local radio adaptability, and high reliability, addressing key challenges faced by IoT platforms. The company provides extensive support throughout the design and delivery process, including pre-integrated and tested reference implementations to facilitate IoT connectivity projects across various applications.
Comptek Solutions
Seed Round in 2018
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.
Comptek Solutions
Seed Round in 2017
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.
UpCloud Ltd is a cloud hosting company that specializes in providing infrastructure-as-a-service to business-critical customers. Founded in 2011 and based in Helsinki, Finland, it operates high-performance cloud servers on enterprise-grade hardware, with data centers located in London, Chicago, Frankfurt, and Helsinki. The company emphasizes extreme redundancy, a 100% service-level agreement, and flexible resources, ensuring high performance across all service levels. UpCloud's competitive pricing positions it as one of the most cost-effective options in Europe. Additionally, it offers software-defined networking services, allowing clients to create and configure flexible private networks for enhanced cloud connectivity. An easy-to-use control panel and mobile apps for iOS and Android enable administrators to monitor server performance conveniently.
Noona Healthcare
Seed Round in 2016
Noona Healthcare Oy, established in 2014 and headquartered in Helsinki, Finland, specializes in developing a Web-based mobile service called Noona. This platform enables breast cancer patients to directly report treatment-related symptoms to their clinics via mobile phones, tablets, and computers, fostering real-time, holistic patient monitoring. Additionally, Noona's platform facilitates scientific research by generating digital data that combines patient diagnosis, treatment, and genetic information, aiding in the development of new cancer therapies. As of 2018, Noona Healthcare operates as a subsidiary of Varian Medical Systems, Inc.
Wirepas
Venture Round in 2016
Wirepas Ltd. is a Finnish company established in 2010, specializing in wireless communication solutions for the Internet of Things (IoT). Based in Tampere, Wirepas develops Pino, a unique multi-hop mesh network solution that enables reliable and scalable connectivity for IoT devices. This technology supports the creation of autonomous networks that can expand to millions of devices without the need for traditional infrastructure. Wirepas Pino offers deterministic performance, local radio adaptability, and high reliability, addressing key challenges faced by IoT platforms. The company provides extensive support throughout the design and delivery process, including pre-integrated and tested reference implementations to facilitate IoT connectivity projects across various applications.
Canatu is a Finland-based developer and manufacturer of carbon nanotube materials and related manufacturing technologies. It focuses on producing Canatu CNTs and CNT reactors for industry-transforming products and serves the semiconductor, automotive, and medical diagnostics sectors. The company provides CNT-based products and manufacturing equipment, including components used in advanced lithography and sensors, such as EUV pellicles, debris and optical filters, and film heaters that de-ice LiDAR and camera sensors to support autonomous driving. Canatu emphasizes customization and consistent CNT quality for highly engineered solutions and is exploring electrochemical sensing applications. Headquartered in Finland, it maintains sales offices in the United States, Japan, and Taiwan.
Spectral Engines
Series A in 2016
Founded in 2014, Spectral Engines develops and manufactures miniaturized spectral sensors for various applications. These include moisture measurement in pharmaceutical powders, food composition analysis (protein, fat, sugars), gas detection, and process spectroscopy.
Wirepas Ltd. is a Finnish company established in 2010, specializing in wireless communication solutions for the Internet of Things (IoT). Based in Tampere, Wirepas develops Pino, a unique multi-hop mesh network solution that enables reliable and scalable connectivity for IoT devices. This technology supports the creation of autonomous networks that can expand to millions of devices without the need for traditional infrastructure. Wirepas Pino offers deterministic performance, local radio adaptability, and high reliability, addressing key challenges faced by IoT platforms. The company provides extensive support throughout the design and delivery process, including pre-integrated and tested reference implementations to facilitate IoT connectivity projects across various applications.
Bitbar, established in 2009 and headquartered in Helsinki, Finland, specializes in cloud-based mobile application testing solutions. It offers services such as automated testing on real Android and iOS devices, codeless test automation, and professional services like systems development, testing, consulting, and training. Bitbar caters to diverse industries including technology, gaming, retail, and finance, with notable clients like Facebook, Rovio, and Google. Its products include Testdroid Cloud, Testdroid Enterprise, Testdroid PrivateCloud, and Testdroid Recorder, aiming to streamline software delivery and reduce testing time.
Spectral Engines
Seed Round in 2014
Founded in 2014, Spectral Engines develops and manufactures miniaturized spectral sensors for various applications. These include moisture measurement in pharmaceutical powders, food composition analysis (protein, fat, sugars), gas detection, and process spectroscopy.
Boomlagoon
Series A in 2014
Boomlagoon is a mobile game development company based in Helsinki, Finland, known for its team of industry veterans from notable gaming companies such as Rovio, Remedy, and Housemarque. The company specializes in creating character-driven, free-to-play multiplayer games across various platforms. With a strong emphasis on diverse gameplay mechanics and engaging player experiences, Boomlagoon has garnered multiple Editor's Choice awards and has achieved global recognition for its innovative titles.
CBTec Oy
Seed Round in 2014
CBTec Oy, founded in February 2012 by former Nokia and Meego employees, is based in Helsinki, Finland. The company focuses on democratizing education through technology with its online education platform, Eliademy. This platform serves as a learning management system that enables educators and students to create, share, and manage courses. Eliademy is designed for various users, including universities, colleges, trainers, coaches, and hobby clubs, providing them with free online classrooms. The platform allows educators to retain ownership of the course content they create and features a user-friendly interface that facilitates student engagement through discussion boards, multimedia integration, and interactive calendars. CBTec Oy aims to make education accessible to everyone, reflecting a vision inspired by the historical foundations of learning. In addition to its educational platform, the company offers software consulting, business development, IT support, and tailored solutions for building business applications.
Mekitec
Venture Round in 2014
Mekitec is a Finnish manufacturer of X-ray food inspection systems for the food industry. It develops and sells X-ray devices and rejecters and provides installation and ongoing maintenance services to customers worldwide. The systems capture images of food products and use image analysis to detect foreign objects such as glass, metal, stones and dense plastics, as well as various quality defects, and they include data analytics tools to provide insights for improving safety, quality and sustainable production. The company is based in Oulu, Finland, and was founded in 2005.
Canatu is a Finland-based developer and manufacturer of carbon nanotube materials and related manufacturing technologies. It focuses on producing Canatu CNTs and CNT reactors for industry-transforming products and serves the semiconductor, automotive, and medical diagnostics sectors. The company provides CNT-based products and manufacturing equipment, including components used in advanced lithography and sensors, such as EUV pellicles, debris and optical filters, and film heaters that de-ice LiDAR and camera sensors to support autonomous driving. Canatu emphasizes customization and consistent CNT quality for highly engineered solutions and is exploring electrochemical sensing applications. Headquartered in Finland, it maintains sales offices in the United States, Japan, and Taiwan.
Valon Lasers
Series A in 2011
Founded in 2011, Valon Lasers specializes in manufacturing ophthalmic lasers. With a legacy dating back to 1972, the company combines decades of experience with advanced technology to provide premium solutions for discerning ophthalmologists.
Canatu is a Finland-based developer and manufacturer of carbon nanotube materials and related manufacturing technologies. It focuses on producing Canatu CNTs and CNT reactors for industry-transforming products and serves the semiconductor, automotive, and medical diagnostics sectors. The company provides CNT-based products and manufacturing equipment, including components used in advanced lithography and sensors, such as EUV pellicles, debris and optical filters, and film heaters that de-ice LiDAR and camera sensors to support autonomous driving. Canatu emphasizes customization and consistent CNT quality for highly engineered solutions and is exploring electrochemical sensing applications. Headquartered in Finland, it maintains sales offices in the United States, Japan, and Taiwan.
Scannano is a privately-held company located and registared in Finland dedicated to
the design and commercial development of a series of advanced Resonant Micro-
Electro-Mechanical Systems devices (R-MEMS).
Micro-Electro-Mechanical Systems, also known as micro-machines, are revolutionary
devices based upon the integration of mechanical elements, sensors, actuators, and
electronics on a common silicon chip. MEMS technology promises to benefit nearly
every product category by bringing together silicon-based microelectronics with
micromachining technology, to achieve the realization of complete "system-on-a-chip".
The Company has developed unique, patented MEMS devices that are capable of
detecting and measuring the presence and interaction of sub-atomic particles such as
photons and electrons. In combination with a range of custom, task-specific software,
the Scannano MEMS devices can perform their tasks with unequalled levels of speed,
precision and reliability.
Dr. Andrei Pavlov, President and Founder of ScanNanoTek announced further progress
in its R&D Program, demonstrating the validity of its Deep Vacuum Gap Technology for
the production of new MEMS devices. This follows ScanNanoTek's October 2, 2011
announcement about encouraging progress in a new R&D Program in which
STMicroelectronics, for its CMOS technology expertise, is engaged.
Rightware
Series A in 2010
Rightware Oy is a developer of graphical user interface solutions, primarily serving the mobile, automotive, and embedded industries globally. Founded in 2009 and headquartered in Espoo, Finland, with additional offices in Shanghai, Beijing, and Palo Alto, the company specializes in enhancing user experiences through its innovative software tools. Rightware's flagship product, Kanzi, addresses the challenges associated with implementing 3D user interfaces, allowing UI designers and engineers to focus more on creation, testing, and deployment. The company also offers Kanzi Studio, a user-friendly editor that streamlines the customization of embedded user interfaces. Additionally, Rightware develops Basemark, a suite of system performance analysis tools that measure graphics performance across various platforms, including OpenGL ES and Android. By enabling rapid user interface design and deployment, Rightware plays a pivotal role in advancing automotive graphics and user experience technologies.
ScanNano
Seed Round in 2009
Scannano is a privately-held company located and registared in Finland dedicated to
the design and commercial development of a series of advanced Resonant Micro-
Electro-Mechanical Systems devices (R-MEMS).
Micro-Electro-Mechanical Systems, also known as micro-machines, are revolutionary
devices based upon the integration of mechanical elements, sensors, actuators, and
electronics on a common silicon chip. MEMS technology promises to benefit nearly
every product category by bringing together silicon-based microelectronics with
micromachining technology, to achieve the realization of complete "system-on-a-chip".
The Company has developed unique, patented MEMS devices that are capable of
detecting and measuring the presence and interaction of sub-atomic particles such as
photons and electrons. In combination with a range of custom, task-specific software,
the Scannano MEMS devices can perform their tasks with unequalled levels of speed,
precision and reliability.
Dr. Andrei Pavlov, President and Founder of ScanNanoTek announced further progress
in its R&D Program, demonstrating the validity of its Deep Vacuum Gap Technology for
the production of new MEMS devices. This follows ScanNanoTek's October 2, 2011
announcement about encouraging progress in a new R&D Program in which
STMicroelectronics, for its CMOS technology expertise, is engaged.
FRWD Technologies
Series A in 2005
FRWD Technologies, Ltd. designs, develops, and markets sports computers for outdoor and alternative sports enthusiasts, athletes, and professionals. The company's sports computer records route, location, speed, distance, heart rate or RR heart rate, altitude, temperature, and air pressure, as well as shows them real time on wrist display or mobile phone. It sells its products through retailers and distributors in Estonia, Finland, France, Germany, Norway, Poland, Portugal, Spain, Sweden, Austria, and Switzerland. The company was founded in 2000 and is based in Oulu, Finland. It has operations in Sweden, Austria, Switzerland, and internationally.