Nexit Ventures

Founded in 1999, Nexit Ventures is a venture capital firm specializing in investments in early to mid-stage high-tech companies. It focuses on technology & digital disruption sectors globally, with a primary focus on Nordic and U.S. west coast companies.

Sami Karppinen

Partner

Pekka Salonoja

Venture Partner

Artturi Tarjanne

Co-Founder and Partner

Risto Yli-Tainio

CFO and Partner

Past deals in Finland

Aino Health AB (publ)

Post in 2024
Aino Health AB is a provider of corporate health management solutions tailored for private and public organizations in Finland. The company offers a suite of services, including HealthManager, a software-as-a-service platform, and SafetyManager, which integrates critical safety management data and processes. Additionally, Aino Health provides HealthDesk, a multichannel service that allows employees to seek immediate professional assistance when feeling unwell or unable to work, as well as TeleHealth services. Furthermore, Aino Health specializes in health management business process outsourcing and consulting services. The company is headquartered in Stockholm, Sweden.

Rightware

Series B in 2013
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.

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.

Aava Mobile

Venture Round in 2009
Aava Mobile Oy, founded in 2009 and based in Oulu, Finland, specializes in developing mobile platforms for original design and equipment manufacturers. The company offers open platforms that enable OEMs and mobile operators to integrate their own identity, user interface, content, and services into mobile devices. This flexibility allows clients to easily customize their products, thereby differentiating themselves in a competitive market. Aava Mobile's expertise in mobile platform development is backed by a team of industry professionals committed to providing innovative solutions tailored to the needs of their customers.

Conformiq

Venture Round in 2009
Conformiq, Inc. is a technology company specializing in automated functional testing and in-sprint automation software solutions. Founded in 1998 and headquartered in San Jose, California, Conformiq develops a range of products including Conformiq 360, an automated test design solution, Conformiq Creator for enterprise IT and web applications testing, and Conformiq Transformer, which automates the execution of tests. The company employs model-based testing techniques to streamline and enhance testing processes, making it suitable for complex system-level testing environments. Conformiq serves clients across various sectors, including telecommunications and embedded software, with notable customers such as AT&T, Vodafone, T-Mobile, Nokia, and Ericsson. Additionally, Conformiq has established strategic partnerships with firms like brightONE, Fraunhofer, Ideabytes, Sopra Steria, and Tech Mahindra, further enhancing its capabilities in the market. The company also maintains offices in Espoo, Finland; Munich, Germany; Kista, Sweden; and Bengaluru, India.

Futuremark

Venture Round in 2008
Futuremark is a Finnish software development company, established in 1997 and headquartered in Helsinki, with an additional sales office in Silicon Valley and representatives in Taiwan. The company specializes in creating performance analysis software and industry-standard benchmarks for desktop computers, notebooks, tablets, and smartphones. Futuremark collaborates with various technology firms to develop accurate and impartial benchmarks that are widely utilized by the media and enthusiast review platforms for evaluating processors, graphics cards, and mobile devices. It also maintains a comprehensive hardware performance database that leverages user-submitted results, providing online solutions that assist consumers in making informed purchasing decisions. In 2014, Futuremark became part of UL, a global safety science organization focused on product safety testing and verification services.

On2 Technologies

Series D in 2004
On2 Technologies Finland Oy offers power video codec solutions for wireless IC designs. It develops technology for enabling multimedia in battery operated mobile handsets. The company's portfolio includes hardware and software video codecs, and audio and still image codecs; and mobile TV, camcorder, and player/streamer application solutions. It offers professional services, such as architecture consulting, customization services, integration services, on-site and telephone support, and maintenance and upgrade services. The company serves semiconductor and device manufacturers in the North American, EMEA, and APAC markets. It has strategic partnerships with Access, ARM, Coding Technologies, EXPWAY, Freescale Semiconductor, Inc., OCP, RealNetworks, Silicon & Software Systems, Symbian, Texas Instruments, and Thomson. The company was founded as Hantro Products Oy in 1985 and changed its name to On2 Technologies Finland Oy in November 2007 following the acquisition by On2 Technologies Inc. The company is based in Oulu, Finland with additional offices in Espoo, Finland; Munich, Germany; Tokyo, Japan; Taipei, Taiwan; Kyunggido, Korea; and San Jose, California. As of November 1, 2007, On2 Technologies Finland Oy operates as a subsidiary of On2 Technologies Inc.

Fathammer

Venture Round in 2004
Fathammer is a prominent developer of advanced real-time 3D graphics and game technologies tailored for next-generation mobile devices. Founded in October 2000 by veterans from the game, telecommunications, and mobile technology sectors, the company offers products and custom solutions rooted in its proprietary X-Forge Technology. This technology assists other companies in creating and deploying sophisticated 3D games and content on mobile platforms. Fathammer's team, comprised of over 30 experienced professionals, has a strong background in the demo scene computer culture, which emphasizes low-level programming and optimization for limited hardware. This unique expertise enables Fathammer to excel in real-time 3D graphics, optimize for mobile hardware constraints, and develop high-quality games. The company's engineering and development operations are based in Helsinki, Finland, with an additional office in San Jose, California, focusing on sales and marketing activities.

Futuremark

Series A in 2004
Futuremark is a Finnish software development company, established in 1997 and headquartered in Helsinki, with an additional sales office in Silicon Valley and representatives in Taiwan. The company specializes in creating performance analysis software and industry-standard benchmarks for desktop computers, notebooks, tablets, and smartphones. Futuremark collaborates with various technology firms to develop accurate and impartial benchmarks that are widely utilized by the media and enthusiast review platforms for evaluating processors, graphics cards, and mobile devices. It also maintains a comprehensive hardware performance database that leverages user-submitted results, providing online solutions that assist consumers in making informed purchasing decisions. In 2014, Futuremark became part of UL, a global safety science organization focused on product safety testing and verification services.
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