Skyfora
Seed Round in 2025
Skyfora is a company focused on enhancing weather observation and forecasting capabilities through innovative technology. It addresses the limitations of traditional weather data by utilizing repurposed GNSS receivers located in telecom base stations, transforming them into advanced 4D weather scanners. This approach generates significantly more weather observation data, improving the accuracy and performance of AI-driven weather forecasts. Additionally, Skyfora develops forecasting software that leverages computer vision and IoT technologies to analyze high-resolution satellite images, particularly for predicting hurricanes. This technology aids disaster management efforts by providing critical insights that can help mitigate the impacts of severe weather events. Through its advancements, Skyfora contributes to global sustainability and enhances the operational efficiency of industries reliant on accurate weather information.
StemSight
Seed Round in 2025
StemSight is a Tampere, Finland-based cell therapy startup focused on developing innovative treatments for blindness. The company has created an off-the-shelf cell therapy platform that utilizes induced pluripotent stem cells (iPSCs) and biomaterials. Its initial target is to provide a first-in-class therapy for limbal stem cell deficiency, a rare condition leading to corneal blindness. StemSight aims to expand its offerings over time to address more common forms of corneal blindness, ultimately enabling patients suffering from these conditions to regain their vision.
AISTI is a manufacturer of building construction materials focused on sustainability. The company specializes in producing acoustic tiles made from wood pulp, which are fully carbon-negative, plastic-free, and easy to recycle. By utilizing wood fiber, AISTI addresses the growing demand for environmentally friendly construction products, promoting safer and more sustainable practices in the construction industry.
Liquid Sun
Seed Round in 2024
Liquid Sun is a new breed of green tech that converts CO2 into fossil-free fuels. Liquid Sun is at the forefront of transforming fossil fuel-free chemicals and green energy solutions because a fossil fuel-free future is essential and it eliminates the need for fossil fuels to keep our planet breathing.
Avenue Biosciences
Seed Round in 2024
Avenue Biosciences is a transatlantic biotechnology company focused on enhancing the research and development of protein biologics and related tools for the biotechnology sector. By employing patented technology, the company aims to optimize protein production, achieving high efficiency and scalability. This innovative approach is designed to accelerate the development of life-saving therapies, ensuring that critical treatments can be delivered more swiftly to patients. Avenue Biosciences is dedicated to addressing production constraints in the pharmaceutical industry, thereby contributing to a transformative future for medicine and ensuring that no essential therapy remains unmet.
ÄIO is a biotechnology company focused on developing innovative, plant-based microbial oils that serve as sustainable alternatives to traditional vegetable oils and animal fats. The company specializes in cultivating microorganisms that produce beneficial fatty acids, antioxidants, and pigments, thereby creating healthy polyunsaturated fats. ÄIO's approach involves up-cycling low-value side streams through tailored fermentation processes, which not only fosters environmental responsibility but also promotes healthier consumption patterns. With a commitment to trustworthy biotechnological innovation, ÄIO aims to reshape the future of food production by providing industries with environmentally friendly lipid products that replace unsustainable ingredients like palm and coconut oil.
Betolar Ltd., established in 2013 and headquartered in Kannonkoski, Finland, specializes in transforming industrial waste streams from energy, mining, and forestry sectors into geopolymer concrete. The company offers a range of products including concrete mixes, soil stabilization materials, and serves clients across construction industries such as ground engineering, mining, landscaping, and building materials. Betolar's core mission is to facilitate the green transition in various industries by providing sustainable, low-carbon alternatives to traditional cement-based concrete.
NADMED is a biotechnology company that specializes in measuring nicotinamide adenine dinucleotide (NAD) and its metabolites. The company has developed a unique metabolite extraction system, which is the only method capable of measuring all four types of NAD and glutathione. This technology utilizes a novel nondestructive extraction process combined with colorimetric quantification, making it suitable for a variety of research applications. NADMED's solutions have been employed in studies involving various biological samples, including cells, liver, brain, muscle, and blood from both human and animal sources. By providing measuring kits for clinical laboratories and laboratory services, NADMED aims to support medical professionals in addressing both research and clinical needs related to NAD metabolism.
Enifer is a biotechnology company specializing in the production of mycoprotein derived from fungal fermentation, aimed at enhancing sustainability in the agrifood sector. The company focuses on converting fish by-products into single-cell protein, which serves as a nutritious alternative to soy in fish feed. This innovative approach not only reduces reliance on soy, which is linked to ecological issues such as deforestation, but also promotes a circular economy by transforming underutilized agricultural by-products into valuable protein-rich biomass. Enifer’s technology supports modern biorefineries in optimizing waste streams, thereby contributing to more sustainable practices in fish farming.
ArgusEye
Venture Round in 2024
ArgusEye is a biotechnology company specializing in the development and provision of sensor solutions for real-time detection of biological systems and processes. Its patented technology, founded upon extensive academic research, combines nanoplasmonic sensing with fiber optics to offer customized, highly sensitive sensors tailored to diverse targets.
Sooma
Funding Round in 2024
Sooma is a company focused on the development of non-invasive brain stimulation devices aimed at treating major neurological and psychiatric disorders. With its innovative products used in over 100 clinics globally, Sooma stands out as the first entity to introduce a medically approved home-based therapy specifically for depression. The company's approach integrates advancements in digital health and telemedicine, providing accessible treatment options that empower physicians to enhance psychiatric and neurological care. By offering effective medical devices and solutions, Sooma is committed to transforming the landscape of mental health treatment.
N-Ink is a manufacturer of conductive polymers specifically designed for the printed electronics market. The company specializes in producing n-type ink that is compatible with various applications, including printed electronics, the Internet of Things, and bioelectronics. N-Ink's polymers are organic, stable, and easy to handle, which facilitates their use in creating efficient electronic devices. By providing high-quality electron conductors that work effectively alongside p-type materials, N-Ink enables clients to enhance the performance of their printed electronic devices.
The Human Touch Robotics
Seed Round in 2024
Introducing robotics with the lightness of the human touch in realms once thought impossible.
Kuva Space
Series A in 2023
Kuva Space is a company focused on enhancing life on Earth through its extensive constellation of nanosatellites equipped with advanced hyperspectral imaging technology. By utilizing its GREEN DATA® platform, Kuva Space addresses critical global challenges such as climate change, disaster response, and food security. The company provides actionable data and insights that support sustainable management of natural resources, enabling clients to optimize agricultural practices, improve land use, and make informed investment and financial decisions. Additionally, its technology allows for the measurement of regional carbon sequestration rates, prevention of large-scale forest fires, and detection of gas leaks, all facilitated by an integrated artificial intelligence platform.
ÄIO is a biotechnology company focused on developing innovative, plant-based microbial oils that serve as sustainable alternatives to traditional vegetable oils and animal fats. The company specializes in cultivating microorganisms that produce beneficial fatty acids, antioxidants, and pigments, thereby creating healthy polyunsaturated fats. ÄIO's approach involves up-cycling low-value side streams through tailored fermentation processes, which not only fosters environmental responsibility but also promotes healthier consumption patterns. With a commitment to trustworthy biotechnological innovation, ÄIO aims to reshape the future of food production by providing industries with environmentally friendly lipid products that replace unsustainable ingredients like palm and coconut oil.
Quantagonia
Seed Round in 2023
Quantagonia is a technology company that specializes in Decision AI and advanced quantum algorithm development. It focuses on transforming global operations across various sectors, including logistics, production, and workforce management. Quantagonia's adaptive, real-time AI solutions help businesses tackle complex scheduling and routing challenges, making them accessible to a wide range of users. Additionally, the company provides translation tools that enhance existing program codes for compatibility with quantum computers, enabling performance improvements on classical hardware while facilitating further gains through quantum computing. This dual approach allows businesses to effectively address previously insurmountable complex and time-sensitive problems using innovative algorithmic strategies.
Alba Health
Pre Seed Round in 2023
Alba Health is a company focused on enhancing children's gut health through digital solutions and advanced microbiome testing. It offers an innovative stool test kit designed for easy use, allowing parents to analyze their child's gut microbiome in a certified laboratory. Upon completion of the analysis, detailed results are provided, which enable parents to collaborate with dieticians in formulating personalized action plans for their children's dietary and health needs. Additionally, Alba Health places significant emphasis on data privacy by anonymizing test results, which can contribute to broader discoveries that positively influence children's health outcomes. The company's overarching mission is to improve the health of future generations by leveraging artificial intelligence and microbiome science.
Origin by Ocean
Seed Round in 2023
Origin by Ocean, established in 2019, is a Finland-based company specializing in the biorefining of algae. The company employs a patented process to extract valuable bio-based chemicals from harvested invasive algae and sustainably farmed seaweed. These organic, algae-derived products serve as alternatives to conventional chemical ingredients across various sectors, including food and beverage, cosmetics, hygiene, and textiles. Origin by Ocean's innovative approach not only provides sustainable ingredients for its clients but also addresses the environmental challenge of ocean eutrophication by harvesting excess nutrients. Furthermore, the company supports coastal entrepreneurs by fostering livelihoods in the regions where it operates, starting with initiatives in the Baltic Sea and the Caribbean.
Enifer is a biotechnology company specializing in the production of mycoprotein derived from fungal fermentation, aimed at enhancing sustainability in the agrifood sector. The company focuses on converting fish by-products into single-cell protein, which serves as a nutritious alternative to soy in fish feed. This innovative approach not only reduces reliance on soy, which is linked to ecological issues such as deforestation, but also promotes a circular economy by transforming underutilized agricultural by-products into valuable protein-rich biomass. Enifer’s technology supports modern biorefineries in optimizing waste streams, thereby contributing to more sustainable practices in fish farming.
MVision
Seed Round in 2023
MVision AI Oy, established in 2017 and headquartered in Helsinki, Finland, specializes in developing artificial intelligence and machine learning technologies to enhance various cancer treatments. The company's core product is an automatic segmentation and contouring software, designed to streamline cancer treatment planning by providing consistent and reliable contours of critical structures. This integration with hospital systems aims to save clinicians time and improve treatment outcomes, particularly in developing countries where access to advanced medical technologies is limited. MVision's founding team comprises AI PhD's, data platform architects, and physicists with experience from companies like Varian Medical Systems and GE Healthcare.
SemiQon
Pre Seed Round in 2023
SemiQon is a company that specializes in the development of silicon-based quantum processors, emerging from the VTT Technical Research Centre of Finland. The firm focuses on innovative semiconductor qubit technology designed to facilitate the scaling of quantum computing. By providing commercially competitive solutions tailored for mass production, SemiQon aims to support the computer hardware manufacturing sector in creating quantum processors capable of meeting the demands of the million-qubit era.
Quantrol Ox
Seed Round in 2023
QuantrolOx specializes in developing automated machine learning-based control software for quantum technologies, focusing on the tuning, stabilization, and optimization of qubits. By providing robust software solutions, the company aids quantum scientists in achieving stable platforms for experimentation, which enhances the effectiveness of quantum computing applications. This innovative approach allows clients to utilize more cost-effective quantum infrastructure while efficiently implementing standard quantum computing technologies in their operations.
Nucu is a company focused on enhancing the sleep experience for infants by offering a multisensory baby pad. This innovative product is designed to soothe babies to sleep through a combination of sound and vibration, creating a safe and gentle environment. Nucu aims to assist caregivers in providing optimal positive stimulation and developmental sleep during the critical early years of a child's life, contributing to their overall growth and well-being. By combining functionality with portability, Nucu's solution addresses the needs of both parents and infants, ensuring a nurturing atmosphere for healthy development.
NADMED is a biotechnology company that specializes in measuring nicotinamide adenine dinucleotide (NAD) and its metabolites. The company has developed a unique metabolite extraction system, which is the only method capable of measuring all four types of NAD and glutathione. This technology utilizes a novel nondestructive extraction process combined with colorimetric quantification, making it suitable for a variety of research applications. NADMED's solutions have been employed in studies involving various biological samples, including cells, liver, brain, muscle, and blood from both human and animal sources. By providing measuring kits for clinical laboratories and laboratory services, NADMED aims to support medical professionals in addressing both research and clinical needs related to NAD metabolism.
ElFys
Venture Round in 2022
ElFys Inc. is a Finnish company founded in 2017, specializing in the manufacture of advanced photodetectors and photodiode technologies. Headquartered in Espoo, Finland, the company emerged to commercialize innovative technologies developed by university researchers, which are protected by patent families. ElFys operates from the Micronova Nanofabrication Center, which offers state-of-the-art CMOS-compatible facilities for research and semi-mass production. The company leverages extensive expertise in silicon photovoltaics and applies related innovations to its photodiode products. Key aspects of its manufacturing process include surface passivation and defect engineering, which are crucial for enhancing the performance and response of their photodiodes. Their products find applications in various fields, including X-ray imaging, spectroscopy, and light sensing.
Cellfion
Seed Round in 2022
Cellfion is a company focused on providing sustainable materials for advanced clean energy storage and conversion technologies. It specializes in the development of forest-based ion-exchange membranes and nanoparticle dispersions, aiming to transform the green energy sector. By manufacturing and commercializing nitrocellulose membranes, Cellfion offers a reliable and adaptable alternative to traditional fossil-based membranes. This innovation not only enhances the efficiency of electrochemical energy storage and conversion devices but also significantly reduces costs, thereby supporting the transition to sustainable energy solutions.
Adamant Health
Seed Round in 2022
Adamant Health is a technology company focused on enhancing the care of Parkinson's disease through innovative measurement and analysis tools. Drawing on over 15 years of academic research from the University of Eastern Finland, the company has developed advanced devices that utilize a combination of motion sensing and electromyography to measure and analyze symptoms associated with the disease. By providing clinicians with detailed insights into a patient's condition over several days, Adamant Health enables the optimization of treatment plans. Additionally, the data collected serves as valuable real-world evidence for pharmaceutical companies, aiding in clinical and post-market studies and supporting personalized medication strategies. This approach allows for better understanding and management of Parkinson's disease in both clinical and home settings.
Finnadvance
Seed Round in 2022
Finnadvance OY is a company based in Oulu, Finland, specializing in microtechnology and 3D biology solutions. Founded in 2018, it develops microfluidic organ-on-chips designed for pharmaceutical drug research and development. These innovative devices replicate the activities and physiological responses of entire organs, enabling more accurate studies in drug efficacy and safety. In addition to its core focus on organ-on-chips, Finnadvance also offers tailored hardware solutions and bio-materials for cell culture. Furthermore, the company provides aerial imaging and analysis services, catering to sectors such as forestry and agriculture, along with stockpile management.
Quantrol Ox
Seed Round in 2022
QuantrolOx specializes in developing automated machine learning-based control software for quantum technologies, focusing on the tuning, stabilization, and optimization of qubits. By providing robust software solutions, the company aids quantum scientists in achieving stable platforms for experimentation, which enhances the effectiveness of quantum computing applications. This innovative approach allows clients to utilize more cost-effective quantum infrastructure while efficiently implementing standard quantum computing technologies in their operations.
Quantagonia
Pre Seed Round in 2022
Quantagonia is a technology company that specializes in Decision AI and advanced quantum algorithm development. It focuses on transforming global operations across various sectors, including logistics, production, and workforce management. Quantagonia's adaptive, real-time AI solutions help businesses tackle complex scheduling and routing challenges, making them accessible to a wide range of users. Additionally, the company provides translation tools that enhance existing program codes for compatibility with quantum computers, enabling performance improvements on classical hardware while facilitating further gains through quantum computing. This dual approach allows businesses to effectively address previously insurmountable complex and time-sensitive problems using innovative algorithmic strategies.
The Human Touch Robotics
Pre Seed Round in 2021
Introducing robotics with the lightness of the human touch in realms once thought impossible.
Kuva Space
Funding Round in 2021
Kuva Space is a company focused on enhancing life on Earth through its extensive constellation of nanosatellites equipped with advanced hyperspectral imaging technology. By utilizing its GREEN DATA® platform, Kuva Space addresses critical global challenges such as climate change, disaster response, and food security. The company provides actionable data and insights that support sustainable management of natural resources, enabling clients to optimize agricultural practices, improve land use, and make informed investment and financial decisions. Additionally, its technology allows for the measurement of regional carbon sequestration rates, prevention of large-scale forest fires, and detection of gas leaks, all facilitated by an integrated artificial intelligence platform.
ElFys Inc. is a Finnish company founded in 2017, specializing in the manufacture of advanced photodetectors and photodiode technologies. Headquartered in Espoo, Finland, the company emerged to commercialize innovative technologies developed by university researchers, which are protected by patent families. ElFys operates from the Micronova Nanofabrication Center, which offers state-of-the-art CMOS-compatible facilities for research and semi-mass production. The company leverages extensive expertise in silicon photovoltaics and applies related innovations to its photodiode products. Key aspects of its manufacturing process include surface passivation and defect engineering, which are crucial for enhancing the performance and response of their photodiodes. Their products find applications in various fields, including X-ray imaging, spectroscopy, and light sensing.
StemSight
Seed Round in 2021
StemSight is a Tampere, Finland-based cell therapy startup focused on developing innovative treatments for blindness. The company has created an off-the-shelf cell therapy platform that utilizes induced pluripotent stem cells (iPSCs) and biomaterials. Its initial target is to provide a first-in-class therapy for limbal stem cell deficiency, a rare condition leading to corneal blindness. StemSight aims to expand its offerings over time to address more common forms of corneal blindness, ultimately enabling patients suffering from these conditions to regain their vision.
Kuva Space
Seed Round in 2021
Kuva Space is a company focused on enhancing life on Earth through its extensive constellation of nanosatellites equipped with advanced hyperspectral imaging technology. By utilizing its GREEN DATA® platform, Kuva Space addresses critical global challenges such as climate change, disaster response, and food security. The company provides actionable data and insights that support sustainable management of natural resources, enabling clients to optimize agricultural practices, improve land use, and make informed investment and financial decisions. Additionally, its technology allows for the measurement of regional carbon sequestration rates, prevention of large-scale forest fires, and detection of gas leaks, all facilitated by an integrated artificial intelligence platform.
Adamant Health
Pre Seed Round in 2020
Adamant Health is a technology company focused on enhancing the care of Parkinson's disease through innovative measurement and analysis tools. Drawing on over 15 years of academic research from the University of Eastern Finland, the company has developed advanced devices that utilize a combination of motion sensing and electromyography to measure and analyze symptoms associated with the disease. By providing clinicians with detailed insights into a patient's condition over several days, Adamant Health enables the optimization of treatment plans. Additionally, the data collected serves as valuable real-world evidence for pharmaceutical companies, aiding in clinical and post-market studies and supporting personalized medication strategies. This approach allows for better understanding and management of Parkinson's disease in both clinical and home settings.
Betolar
Venture Round in 2020
Betolar Ltd., established in 2013 and headquartered in Kannonkoski, Finland, specializes in transforming industrial waste streams from energy, mining, and forestry sectors into geopolymer concrete. The company offers a range of products including concrete mixes, soil stabilization materials, and serves clients across construction industries such as ground engineering, mining, landscaping, and building materials. Betolar's core mission is to facilitate the green transition in various industries by providing sustainable, low-carbon alternatives to traditional cement-based concrete.
Enifer is a biotechnology company specializing in the production of mycoprotein derived from fungal fermentation, aimed at enhancing sustainability in the agrifood sector. The company focuses on converting fish by-products into single-cell protein, which serves as a nutritious alternative to soy in fish feed. This innovative approach not only reduces reliance on soy, which is linked to ecological issues such as deforestation, but also promotes a circular economy by transforming underutilized agricultural by-products into valuable protein-rich biomass. Enifer’s technology supports modern biorefineries in optimizing waste streams, thereby contributing to more sustainable practices in fish farming.
Sofi Filtration
Venture Round in 2020
Sofi Filtration Oy is a Finnish company established in 2011, specializing in the design and manufacture of advanced water filtration and process wastewater handling solutions. Based in Espoo, the company serves various industries, including mining, metallurgy, oil and gas, and power generation. Sofi Filtration's offerings include innovative technologies such as automated, energy-efficient, and self-cleaning microfiltration systems. These solutions are designed to provide solids-free water for reverse osmosis, treat flue gas wastewater, manage cooling water, and facilitate the recycling of process water. By enhancing water recirculation rates and ensuring effective wastewater treatment, Sofi Filtration aims to deliver high-performance water treatment services to its global clientele.
Monidor Oy
Venture Round in 2020
Monidor Oy is a Finnish company established in 2015 and based in Oulu. It specializes in the development of innovative electronic devices, with a focus on healthcare technology. The company's flagship product, Monidrop, is an automated infusion monitor designed for intravenous infusion therapy, enhancing the safety and efficiency of medical treatments. Through its advancements in medical technology, Monidor aims to improve patient outcomes and streamline healthcare processes.
Iiwari Tracking Solutions
Seed Round in 2020
Iiwari Tracking Solutions Oy, established in 2018 and located in Vuokatti, Finland, specializes in designing and developing indoor positioning and tracking solutions. The company offers advanced tools and software tailored for various industries, leveraging technology to enhance location accuracy and operational efficiency. Iiwari Tracking Solutions has acquired key licenses from VTT, enabling it to operate on a global scale. It maintains a presence in the Nordic region and the United States through a network of integrators, allowing it to effectively deliver its innovative services across these markets.
Finnadvance
Seed Round in 2020
Finnadvance OY is a company based in Oulu, Finland, specializing in microtechnology and 3D biology solutions. Founded in 2018, it develops microfluidic organ-on-chips designed for pharmaceutical drug research and development. These innovative devices replicate the activities and physiological responses of entire organs, enabling more accurate studies in drug efficacy and safety. In addition to its core focus on organ-on-chips, Finnadvance also offers tailored hardware solutions and bio-materials for cell culture. Furthermore, the company provides aerial imaging and analysis services, catering to sectors such as forestry and agriculture, along with stockpile management.
MVision
Seed Round in 2020
MVision AI Oy, established in 2017 and headquartered in Helsinki, Finland, specializes in developing artificial intelligence and machine learning technologies to enhance various cancer treatments. The company's core product is an automatic segmentation and contouring software, designed to streamline cancer treatment planning by providing consistent and reliable contours of critical structures. This integration with hospital systems aims to save clinicians time and improve treatment outcomes, particularly in developing countries where access to advanced medical technologies is limited. MVision's founding team comprises AI PhD's, data platform architects, and physicists with experience from companies like Varian Medical Systems and GE Healthcare.
Geyser Batteries
Seed Round in 2019
Geyser Batteries Oy is a Finnish company based in Vaasa, established in 2018, that specializes in the development and manufacturing of advanced high-power batteries. The company focuses on producing ultra-durable batteries capable of enduring millions of charge and discharge cycles, making them suitable for demanding applications in transportation, power grid management, and heavy machinery. Geyser Batteries utilizes a proprietary water-based electrochemistry and patent-pending technology that merges the energy storage capabilities of traditional batteries and supercapacitors, enhancing energy capacity while ensuring environmental safety throughout production, use, and disposal. Their batteries are designed for rapid charging and reliability, functioning effectively even in extreme temperatures as low as -60°C. Additionally, they are maintenance-free and fire-safe, making them an ideal choice for applications where safety and efficiency are paramount.
ElFys Inc. is a Finnish company founded in 2017, specializing in the manufacture of advanced photodetectors and photodiode technologies. Headquartered in Espoo, Finland, the company emerged to commercialize innovative technologies developed by university researchers, which are protected by patent families. ElFys operates from the Micronova Nanofabrication Center, which offers state-of-the-art CMOS-compatible facilities for research and semi-mass production. The company leverages extensive expertise in silicon photovoltaics and applies related innovations to its photodiode products. Key aspects of its manufacturing process include surface passivation and defect engineering, which are crucial for enhancing the performance and response of their photodiodes. Their products find applications in various fields, including X-ray imaging, spectroscopy, and light sensing.
Alba Health is a company focused on enhancing children's gut health through digital solutions and advanced microbiome testing. It offers an innovative stool test kit designed for easy use, allowing parents to analyze their child's gut microbiome in a certified laboratory. Upon completion of the analysis, detailed results are provided, which enable parents to collaborate with dieticians in formulating personalized action plans for their children's dietary and health needs. Additionally, Alba Health places significant emphasis on data privacy by anonymizing test results, which can contribute to broader discoveries that positively influence children's health outcomes. The company's overarching mission is to improve the health of future generations by leveraging artificial intelligence and microbiome science.
Hormona is a health technology company focused on enhancing women's hormonal health through innovative home testing solutions and artificial intelligence. The company offers a unique platform that allows women to measure, track, and gain insights into their hormone levels from the convenience of home. Hormona's tests are designed to be safe, accurate, and pain-free, and they work in conjunction with the Hormona app, creating a comprehensive tool for regular hormone monitoring. Supported by a team of leading endocrinologists, gynecologists, and nutritionists, Hormona aims to empower women to understand and manage their hormonal health, promoting overall well-being.