Maki.vc

Maki.vc is a venture capital firm established in 2018 and located in Helsinki, Finland. The firm focuses on investing in early-stage companies, spanning from their inception to Series A and beyond. Maki.vc targets a diverse range of sectors, including deep tech, consumer products and services, healthcare technology, artificial intelligence, and machine learning. While the firm is rooted in the Nordics, it actively seeks opportunities on a global scale, particularly in countries such as Sweden, Norway, Germany, France, the United Kingdom, and the United States. Maki.vc partners with companies that challenge conventional norms, emphasizing strong intellectual property and a deep understanding of customer needs. The firm aligns itself with visionary founders who are committed to innovation and disruption in their respective industries.

Ella Eskelinen

Analyst

Caroline Gattner

Investor

Ilkka Kivimaki

Partner

Petra Koivuvaara

Investor

Jaakko Lehtinen

Partner

Pauliina Martikainen

Partner

Pirkka Palomäki

Founding Partner

Paavo Räisänen

Partner

Mona Saurén

Analyst

Past deals in Finland

Enfuce

Venture Round in 2023
Enfuce is a European fintech company specializing in payment processing. It offers debit, prepaid, and credit card solutions, serving traditional banks, neobanks, and fintechs across Europe and globally. Enfuce's cloud-based platform provides open banking, issuing and acquiring services, strong customer authentication, and back-office support.

Zevoy

Series A in 2022
Founded in 2020, Zevoy is a Finnish fintech startup specializing in expense management solutions for businesses. It offers an integrated platform combining smart payment cards, receipt scanning app, and administration portal to streamline expenses, saving time and money while enhancing employee satisfaction.

Enfuce

Series C in 2021
Enfuce is a European fintech company specializing in payment processing. It offers debit, prepaid, and credit card solutions, serving traditional banks, neobanks, and fintechs across Europe and globally. Enfuce's cloud-based platform provides open banking, issuing and acquiring services, strong customer authentication, and back-office support.

OGOship

Seed Round in 2021
OGOship Oy is a third-party logistics provider specializing in services for e-commerce businesses. Founded in 2011 and based in Helsinki, Finland, the company offers a comprehensive range of logistics solutions, including warehousing, inventory management, and shipping services. OGOship enables online retailers to outsource their logistics needs, allowing them to focus on sales and customer engagement. With a network of warehouses located in multiple countries, including Sweden, the Netherlands, and Estonia, the company helps small to medium-sized retailers store products closer to their customers, thereby reducing delivery times. Additionally, OGOship provides an online platform for managing shipping and logistics, along with consultancy services to optimize supply chain operations. Through its offerings, OGOship aims to facilitate global selling and streamline the logistics processes for e-commerce businesses.

Alvar Pet

Seed Round in 2021
Alvar Pet Oy is a Helsinki-based company established in 2019 that specializes in producing dog food tailored to the specific needs of dogs. The company offers a range of products for various dog categories, including adult dogs, puppies, seniors, and dogs with special dietary requirements. Alvar Pet emphasizes sustainability by using environmentally friendly ingredients and minimizing carbon emissions throughout its operations, from supplier selection to logistics and packaging. Additionally, the company provides personalized meal plans and a home delivery service, ensuring convenience for pet owners. Alvar Pet also facilitates the recycling of packaging materials, reinforcing its commitment to environmental responsibility.

Zevoy

Funding Round in 2021
Founded in 2020, Zevoy is a Finnish fintech startup specializing in expense management solutions for businesses. It offers an integrated platform combining smart payment cards, receipt scanning app, and administration portal to streamline expenses, saving time and money while enhancing employee satisfaction.

Enfuce

Series B in 2021
Enfuce is a European fintech company specializing in payment processing. It offers debit, prepaid, and credit card solutions, serving traditional banks, neobanks, and fintechs across Europe and globally. Enfuce's cloud-based platform provides open banking, issuing and acquiring services, strong customer authentication, and back-office support.

IQM Quantum Computers

Series A in 2020
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.

Alvar Pet

Seed Round in 2020
Alvar Pet Oy is a Helsinki-based company established in 2019 that specializes in producing dog food tailored to the specific needs of dogs. The company offers a range of products for various dog categories, including adult dogs, puppies, seniors, and dogs with special dietary requirements. Alvar Pet emphasizes sustainability by using environmentally friendly ingredients and minimizing carbon emissions throughout its operations, from supplier selection to logistics and packaging. Additionally, the company provides personalized meal plans and a home delivery service, ensuring convenience for pet owners. Alvar Pet also facilitates the recycling of packaging materials, reinforcing its commitment to environmental responsibility.

Neuro Event Labs

Series A in 2020
Neuro Event Labs Oy, established in 2015 and headquartered in Tampere, Finland, specializes in developing artificial intelligence-based software for epilepsy patient monitoring. Their primary product collects accurate seizure data from patients at home and in hospitals, which is then analyzed and relayed to physicians for informed treatment decisions. This solution was developed in close collaboration with leading Finnish hospitals.

Mainframe Industries

Series A in 2020
Mainframe Industries is a game development company founded in 2019, with headquarters in both Helsinki, Finland, and Reykjavik, Iceland. The company specializes in creating an open-world, social sandbox MMO designed for cloud gaming, which enables cross-platform play across mobile devices, PCs, and televisions. By leveraging the expertise of teams with backgrounds in AAA, MMO, and mobile gaming, Mainframe aims to enhance the gaming experience through friction-free access from social networks and streaming platforms. This innovative approach is intended to broaden the creative possibilities for game developers and provide players with immersive gaming experiences.

Enfuce

Venture Round in 2019
Enfuce is a European fintech company specializing in payment processing. It offers debit, prepaid, and credit card solutions, serving traditional banks, neobanks, and fintechs across Europe and globally. Enfuce's cloud-based platform provides open banking, issuing and acquiring services, strong customer authentication, and back-office support.

Mainframe Industries

Seed Round in 2019
Mainframe Industries is a game development company founded in 2019, with headquarters in both Helsinki, Finland, and Reykjavik, Iceland. The company specializes in creating an open-world, social sandbox MMO designed for cloud gaming, which enables cross-platform play across mobile devices, PCs, and televisions. By leveraging the expertise of teams with backgrounds in AAA, MMO, and mobile gaming, Mainframe aims to enhance the gaming experience through friction-free access from social networks and streaming platforms. This innovative approach is intended to broaden the creative possibilities for game developers and provide players with immersive gaming experiences.

Revonte

Seed Round in 2019
Revonte Ltd. is a Finnish company based in Tampere that specializes in manufacturing advanced drive systems for electronic bicycles. Established in 2016, Revonte's innovative systems include features such as automatic transmission, a flexible controller, high-capacity batteries, and a dedicated mobile application. These drive systems are designed to be customizable by retailers, allowing them to tailor the technology to meet the specific needs of their e-bikes. Revonte aims to enhance the user experience and provide better after-sale services by integrating modern technology into e-bikes, including capabilities for remote diagnostics and over-the-air updates. The company focuses on delivering competitive mobility solutions, positioning itself as a leader in the e-bike industry.

IQM Quantum Computers

Seed Round in 2019
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.

Neuro Event Labs

Seed Round in 2018
Neuro Event Labs Oy, established in 2015 and headquartered in Tampere, Finland, specializes in developing artificial intelligence-based software for epilepsy patient monitoring. Their primary product collects accurate seizure data from patients at home and in hospitals, which is then analyzed and relayed to physicians for informed treatment decisions. This solution was developed in close collaboration with leading Finnish hospitals.
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