Lifeline Ventures

In Parallel is an enterprise software company founded in 2023 and based in Helsinki, Finland, with additional offices in Munich and Amsterdam. The company focuses on enhancing operational efficiency by providing organizations with AI-driven strategies that enable them to remain agile in a rapidly changing environment. Its core offering, the Intelligent Operating Model, integrates AI and data-driven decision-making to bridge the gap between strategy and execution. This approach allows organizations to align their operations in real time, making their strategies more relevant, resilient, and adaptable. In Parallel aims to empower both enterprises and individuals to achieve their fullest potential, fostering a positive impact on customers and society.

In Parallel is an enterprise software company founded in 2023 and based in Helsinki, Finland, with additional offices in Munich and Amsterdam. The company focuses on enhancing operational efficiency by providing organizations with AI-driven strategies that enable them to remain agile in a rapidly changing environment. Its core offering, the Intelligent Operating Model, integrates AI and data-driven decision-making to bridge the gap between strategy and execution. This approach allows organizations to align their operations in real time, making their strategies more relevant, resilient, and adaptable. In Parallel aims to empower both enterprises and individuals to achieve their fullest potential, fostering a positive impact on customers and society.

Revolutionizing the way bulk and break bulk shipping is planned and operated. Seaber is a Finnish maritime software company dedicated to reducing inefficiencies, errors, costs and the environmental impact of bulk and break bulk shipping. Our software solution helps charterers and shipowners to plan, communicate, operate and optimize cargo flows and fleet schedules, resulting in improved asset utilization and profitability, streamlined port calls as well as reduced fuel consumption and emissions. We’re cooperating closely with charterer and shipowner companies to drive the digital transformation of maritime logistics of the entire shipping industry.

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.

Solu is a Finnish company focused on transforming its industry through innovative technology and a distinctive approach. The organization is led by a team of accomplished founders, advisors, and shareholders, many of whom are recognized figures in the business landscape of Finland, having previously established successful enterprises. Solu's ambition is to redefine industry standards and practices, positioning itself as a key player in the evolving market.

Origin by Ocean, established in 2019 in Finland, is a pioneering algae refining company that focuses on extracting valuable bio-based chemicals from invasive algae and sustainably farmed seaweed. Utilizing a patented biorefining process, the company produces organic algae-based ingredients that can replace traditional chemical components in various sectors, including food and beverage, cosmetics, hygiene, and textiles. By developing a platform for algae harvesting, Origin by Ocean aims to provide economic opportunities for coastal entrepreneurs globally, starting with regions like the Baltic Sea and the Caribbean, while also addressing the issue of eutrophication in oceans by removing excess nutrients. Their offerings include ingredients such as algae, bladderwrack, and kelp, promoting sustainable practices in the food, beverage, cosmetics, and pharmaceutical industries.

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.

Oura is a Finland-based company that specializes in developing a smart wellness ring designed to monitor and track various biometric data related to health and wellness. The ring, paired with a smartphone application, enables users to gain insights into their sleep patterns, readiness, and activity levels. By utilizing advanced sensors, the device collects information on heart rate, sleep cycles, and overall activity, providing users with valuable physiological and behavioral data. This innovative approach supports individuals in understanding their body's responses to rest, recovery, and daily activities, thus promoting a healthier lifestyle.

CurifyLabs is a Finnish healthtech company that specializes in developing 3D printing solutions for the personalized manufacturing of medicines within pharmacies and hospitals. Founded in 2021 by Charlotta Topelius and Niklas Sandler Topelius, the company offers an automated on-demand manufacturing system known as “the Pharma Kit,” along with printable pharmaceutical inks. This innovative approach enables the mass customization of medications tailored to individual patient needs, enhancing treatment efficacy and safety while significantly reducing costs. By streamlining the drug compounding process, CurifyLabs improves compliance and sustainability in pharmaceutical manufacturing, making personalized medicines readily available on-site in healthcare settings.

Dispelix Oy specializes in designing and manufacturing optical see-through displays for smart glasses and augmented reality applications. The company's flagship product, DiSPEL, is a near-to-the-eye display that uses a lens-like light guide to project virtual images into the user's field of view. Dispelix develops advanced waveguide combiners that serve as transparent displays in extended reality devices, effectively blending virtual elements with the real world. The company caters to industry leaders in the XR sector, helping to innovate and enhance the functionality of XR wearables. Founded in 2015 and headquartered in Espoo, Finland, Dispelix also operates subsidiaries in the United States and China.

Oura is a Finland-based company that specializes in developing a smart wellness ring designed to monitor and track various biometric data related to health and wellness. The ring, paired with a smartphone application, enables users to gain insights into their sleep patterns, readiness, and activity levels. By utilizing advanced sensors, the device collects information on heart rate, sleep cycles, and overall activity, providing users with valuable physiological and behavioral data. This innovative approach supports individuals in understanding their body's responses to rest, recovery, and daily activities, thus promoting a healthier lifestyle.

Carbo Culture Oy, founded in 2016 and based in Helsinki, Finland, specializes in producing biochar from waste biomass by employing a carbon sequestration process that captures carbon dioxide from the atmosphere. The company transforms orchard waste into high-quality biochar using patented reactors, which serves various applications, including soil enhancement and contamination remediation. This biochar helps improve soil health by retaining water and nutrients, while also supporting beneficial microorganisms. Additionally, Carbo Culture's innovative approach generates renewable energy and contributes to the creation of significant carbon credits, promoting sustainable practices in agriculture and construction.

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.

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.

Dispelix Oy specializes in designing and manufacturing optical see-through displays for smart glasses and augmented reality applications. The company's flagship product, DiSPEL, is a near-to-the-eye display that uses a lens-like light guide to project virtual images into the user's field of view. Dispelix develops advanced waveguide combiners that serve as transparent displays in extended reality devices, effectively blending virtual elements with the real world. The company caters to industry leaders in the XR sector, helping to innovate and enhance the functionality of XR wearables. Founded in 2015 and headquartered in Espoo, Finland, Dispelix also operates subsidiaries in the United States and China.

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.

Digital Workforce is a technology company specializing in intelligent automation and Robotic Process Automation (RPA). It offers digital workers as a turnkey service, enabling organizations to automate and maintain their business processes effectively. By implementing cloud-based, pay-per-use solutions, Digital Workforce helps businesses streamline operations, allowing employees to focus on more meaningful tasks. The company operates primarily in Finland, Sweden, Norway, Denmark, and Poland, with a significant portion of its revenue generated from Finland. Digital Workforce positions itself as a trusted advisor in the automation landscape, delivering scalable services that transform enterprises through advanced technology.

Akkurate Oy is a Finnish consulting and engineering firm specializing in mobile battery technology. Founded in 2016 and based in Kaarina, the company provides a range of services that include technology consulting, testing and analysis, specification optimization, charging system design, and manufacturing assessments. Akkurate conducts various electrical performance tests, such as capacity and impedance measurements, cycle life tests, and extreme temperature evaluations. Additionally, the company performs safety testing, encompassing protection circuit verification and mechanical safety assessments. Akkurate also offers advanced battery analysis techniques, including x-ray analysis, teardown analysis, and scanning electron microscopy. With a team experienced in battery production and lifecycle management, Akkurate aims to reduce risks associated with lithium-ion batteries while supporting clients in optimizing their battery technology investments.

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.

Carbo Culture Oy, founded in 2016 and based in Helsinki, Finland, specializes in producing biochar from waste biomass by employing a carbon sequestration process that captures carbon dioxide from the atmosphere. The company transforms orchard waste into high-quality biochar using patented reactors, which serves various applications, including soil enhancement and contamination remediation. This biochar helps improve soil health by retaining water and nutrients, while also supporting beneficial microorganisms. Additionally, Carbo Culture's innovative approach generates renewable energy and contributes to the creation of significant carbon credits, promoting sustainable practices in agriculture and construction.

Blok, a Digital real estate agent and one of Finland's biggest startup sensations. Blok aims to make apartment and house sales more cheap and efficient through an automated service. Through its online platform, Blok takes care of most routine tasks related to apartment sales, such as valuation (where the AI comes in), photographing, marketing and handling of documents. The seller only has to arrange viewings for potential buyers. Blok has attracted both sellers who prefer brokers as well as those who would normally sell their own flats.

ICEYE Oy, founded in 2014 and based in Espoo, Finland, specializes in Earth observation through its extensive synthetic aperture radar (SAR) satellite constellation. This technology allows for near real-time imaging and monitoring across various sectors, including insurance, natural disaster response, and maritime activities. ICEYE's radar satellites can capture images regardless of weather conditions or sunlight, making them invaluable for applications such as monitoring illegal fishing, oil spills, storm damage, forest growth, and crop health. The company's capabilities extend to mapping flood damage, aiding humanitarian efforts, and tracking maritime activities like piracy and port operations. By providing comprehensive and timely data, ICEYE supports informed decision-making for clients in defense, government, and insurance industries.

Minima Processor Oy is a technology company based in Oulu, Finland, founded in 2016, specializing in semiconductor process agnostic solutions aimed at enhancing energy efficiency in digital processors. The company's innovative technology allows for energy efficiency improvements of up to 20 times compared to traditional methods, primarily through ultra-low voltage operation and the removal of timing margins at nominal voltages. Minima Processor's offerings are applicable across various sectors, including consumer electronics, sensors, communication devices, medical applications, and computing systems. Their closed-loop, self-adapting intellectual property enables digital subsystems to operate efficiently at near-threshold voltages while retaining the ability to scale for increased computing power, thus significantly reducing voltage consumption for a range of tasks.

Digital Workforce is a technology company specializing in intelligent automation and Robotic Process Automation (RPA). It offers digital workers as a turnkey service, enabling organizations to automate and maintain their business processes effectively. By implementing cloud-based, pay-per-use solutions, Digital Workforce helps businesses streamline operations, allowing employees to focus on more meaningful tasks. The company operates primarily in Finland, Sweden, Norway, Denmark, and Poland, with a significant portion of its revenue generated from Finland. Digital Workforce positions itself as a trusted advisor in the automation landscape, delivering scalable services that transform enterprises through advanced technology.

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.

Akkurate Oy is a Finnish consulting and engineering firm specializing in mobile battery technology. Founded in 2016 and based in Kaarina, the company provides a range of services that include technology consulting, testing and analysis, specification optimization, charging system design, and manufacturing assessments. Akkurate conducts various electrical performance tests, such as capacity and impedance measurements, cycle life tests, and extreme temperature evaluations. Additionally, the company performs safety testing, encompassing protection circuit verification and mechanical safety assessments. Akkurate also offers advanced battery analysis techniques, including x-ray analysis, teardown analysis, and scanning electron microscopy. With a team experienced in battery production and lifecycle management, Akkurate aims to reduce risks associated with lithium-ion batteries while supporting clients in optimizing their battery technology investments.

Callstats.io, founded in 2014 and based in Helsinki, Finland, offers a software-as-a-service (SaaS) product that enables software developers to efficiently set up, build, and scale communication applications. The platform specializes in real-time monitoring and management of video call performance analytics, providing insights into the performance of each endpoint. Callstats.io integrates seamlessly with various third-party software development kits (SDKs) and popular platform-as-a-service (PaaS) solutions, facilitating the addition of centralized call monitoring capabilities to WebRTC applications. The company has been recognized as a Cool Vendor in Unified Communications by Gartner, highlighting its innovative approach to enhancing communication software development.

Kontena, Inc. is a company that offers a cloud platform designed for managing container and microservices applications, aiming to streamline workflows for developers. Founded in 2015 and headquartered in Helsinki, Finland, with additional offices in New York and Silicon Valley, Kontena provides a user-friendly solution for DevOps and software development teams. Its platform enables users to deploy, run, monitor, and operate containers in the cloud, utilizing open-source technology that is maintained by the company. Kontena's products are employed by numerous startups and major enterprises, reflecting its commitment to simplifying container management for a diverse range of clients. As of early 2020, Kontena operates as a subsidiary of Mirantis, Inc.

Dispelix Oy specializes in designing and manufacturing optical see-through displays for smart glasses and augmented reality applications. The company's flagship product, DiSPEL, is a near-to-the-eye display that uses a lens-like light guide to project virtual images into the user's field of view. Dispelix develops advanced waveguide combiners that serve as transparent displays in extended reality devices, effectively blending virtual elements with the real world. The company caters to industry leaders in the XR sector, helping to innovate and enhance the functionality of XR wearables. Founded in 2015 and headquartered in Espoo, Finland, Dispelix also operates subsidiaries in the United States and China.

ICEYE Oy, founded in 2014 and based in Espoo, Finland, specializes in Earth observation through its extensive synthetic aperture radar (SAR) satellite constellation. This technology allows for near real-time imaging and monitoring across various sectors, including insurance, natural disaster response, and maritime activities. ICEYE's radar satellites can capture images regardless of weather conditions or sunlight, making them invaluable for applications such as monitoring illegal fishing, oil spills, storm damage, forest growth, and crop health. The company's capabilities extend to mapping flood damage, aiding humanitarian efforts, and tracking maritime activities like piracy and port operations. By providing comprehensive and timely data, ICEYE supports informed decision-making for clients in defense, government, and insurance industries.

Oura is a Finland-based company that specializes in developing a smart wellness ring designed to monitor and track various biometric data related to health and wellness. The ring, paired with a smartphone application, enables users to gain insights into their sleep patterns, readiness, and activity levels. By utilizing advanced sensors, the device collects information on heart rate, sleep cycles, and overall activity, providing users with valuable physiological and behavioral data. This innovative approach supports individuals in understanding their body's responses to rest, recovery, and daily activities, thus promoting a healthier lifestyle.

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.

Ductor is a Finnish biotechnology company specializing in the sustainable production of ammonia and phosphates from recycled materials. The company has developed proprietary technology that can be integrated into various applications, including algae farming, to provide essential nutrients and renewable energy. Ductor aims to address critical challenges such as climate change, increasing food demand, and waste accumulation by offering organic fertilizers and renewable energy derived from biogas. The company has recently achieved a strategic milestone by commencing industrial-scale production, with its first implementation set to enhance the economics of existing biogas production facilities. This innovative approach supports farmers and food producers in maintaining healthy soils and adopting ecological farming practices.

Callstats.io, founded in 2014 and based in Helsinki, Finland, offers a software-as-a-service (SaaS) product that enables software developers to efficiently set up, build, and scale communication applications. The platform specializes in real-time monitoring and management of video call performance analytics, providing insights into the performance of each endpoint. Callstats.io integrates seamlessly with various third-party software development kits (SDKs) and popular platform-as-a-service (PaaS) solutions, facilitating the addition of centralized call monitoring capabilities to WebRTC applications. The company has been recognized as a Cool Vendor in Unified Communications by Gartner, highlighting its innovative approach to enhancing communication software development.

OneMind Dogs Ltd. is a company based in Turku, Finland, specializing in dog coaching methodologies that emphasize understanding the natural behavior of dogs and enhancing communication between dogs and their handlers. Founded in 2012, the company employs techniques such as movement, positioning, and silent communication to facilitate effective training. OneMind Dogs conducts agility seminars and workshops both in Finland and internationally, aiming to provide high-quality training that is accessible and enjoyable for dog owners. In addition to its coaching services, the company also offers a range of apparel and accessories for men and women through its online store. By focusing on improving the relationship between dogs and their owners, OneMind Dogs seeks to reduce instances of unhappy dog families and abandonment, fostering a supportive global community of passionate dog owners.

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.

Nonstop Games makes games for gamers across tablet and mobile platforms. It was founded in 2011 by a versatile team of industry veterans who have launched over 50 titles across mobile, Facebook, PC, and console platforms. Nonstop Games has offices in Finland, Singapore and San Francisco, and is backed by Creandum and Lifeline Ventures.

ZenRobotics, established in 2007 in Finland, is a company focused on innovative robotic recycling technology. Its flagship product, the ZenRobotics Recycler, is recognized as the world's first robotic waste sorting system, designed to enhance the efficiency of waste separation. Utilizing artificial intelligence, this system accurately identifies and sorts various materials from diverse waste streams, including light packaging, construction and demolition debris, and metals. In addition to the robotic sorting capabilities, ZenRobotics also provides digitalization and data services, enabling recycling centers to optimize their processes, reduce costs, and minimize manual labor. Through its advanced technology, ZenRobotics aims to transform the recycling industry and contribute to more sustainable waste management practices.

Arctic Diagnostics Ltd, a Turku, Finland-based manufacturer of a multianalyte point-of-care diagnostic system for respiratory tract infections.

Uplause Ltd. is a Finnish company founded in 2009, specializing in the development and marketing of interactive entertainment, particularly in the realm of sports fan engagement. The company's core offering, the Uplause Engagement System, is a patented technology designed to enhance crowd engagement in stadiums, providing real-time interactive experiences for fans. This innovative platform eliminates the need for traditional crowd prompts by delivering authentic, game-based content that reflects the live atmosphere of sporting events. Uplause empowers teams and brands to track and analyze fan participation and energy throughout games, thereby enhancing the overall spectator experience. With a growing global presence, Uplause has established partnerships with top sports teams and brands, making it a key player in the emerging field of event marketing and interactive advertising. By the end of 2015, the company reached an estimated audience of 30 million fans worldwide.

Supercell reimagines games with a Tablet First strategy. Supercell's goal is to build an environment where small, independent teams can craft games for as many people as possible, that are played for years and remembered forever. The company is best known for its successful video games like Clash Royale, Boom Beach, Clash of Clans, and Hay Day. Based in Helsinki, Finland, with North American operations in San Francisco, Supercell was formed by games industry veterans who have collectively developed more than 165 games across 12 platforms. Supercell is backed by Accel Partners and London Venture Partners (LVP). Supercell was founded in 2012.

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.