Voima Ventures

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.

SemiQon is a company that specializes in the development of silicon-based quantum processors, leveraging innovative semiconductor qubit technology. Originating as a spin-out from the VTT Technical Research Centre of Finland, SemiQon aims to facilitate the advancement of quantum computing by providing a commercially viable solution for mass manufacturing. Their technology is designed to support the computer hardware manufacturing industry in scaling up to the million-qubit era, positioning them as a key player in the evolving landscape of quantum technology.

ElFys, Inc. was founded in the fall 2017 to commercialize the innovation of photodetector technologies invented by a group of university researchers. The technologies are protected by their patent families. The company utilizes the state-of-the-art processing facilities at Micronova Nanofabrication Center in Espoo, Finland: 2600 square meters of CMOS compatible facilities suitable for both R&D and semi-mass production. Partners of the company also have vast expertise on silicon photovoltaics and related research. The structure and operation principles of solar cells and photodiodes are very similar and thus innovations from solar cells can often be applied to photodiodes and vice versa. Topics like surface passivation and defect engineering are integral parts of the manufacturing process and essential for achieving the superior response of their photodiodes.

Adamant Health is a company focused on transforming the management of Parkinson's disease through advanced measurement and analysis technology. Originating from over 15 years of academic research at the University of Eastern Finland, its innovative tools combine electromyography and motion sensor data to provide clinicians with detailed insights into patients' symptoms over several days. This comprehensive visibility allows for optimized treatment plans tailored to individual needs. Additionally, pharmaceutical companies can leverage Adamant Health's objective and long-term real-world data for clinical and post-market studies, using it as a complementary diagnostic tool to enhance personalized medication strategies.

ElFys, Inc. was founded in the fall 2017 to commercialize the innovation of photodetector technologies invented by a group of university researchers. The technologies are protected by their patent families. The company utilizes the state-of-the-art processing facilities at Micronova Nanofabrication Center in Espoo, Finland: 2600 square meters of CMOS compatible facilities suitable for both R&D and semi-mass production. Partners of the company also have vast expertise on silicon photovoltaics and related research. The structure and operation principles of solar cells and photodiodes are very similar and thus innovations from solar cells can often be applied to photodiodes and vice versa. Topics like surface passivation and defect engineering are integral parts of the manufacturing process and essential for achieving the superior response of their photodiodes.

StemSight is a cell therapy startup based in Tampere, Finland, focused on developing innovative treatments for blindness. The company is creating an off-the-shelf cell therapy platform that utilizes induced pluripotent stem cells (iPSCs) and biomaterials. Its initial product aims to address limbal stem cell deficiency, a rare condition that affects vision. StemSight plans to expand its offerings to include therapies for more common forms of corneal blindness, with the ultimate goal of helping patients regain their sight.

Adamant Health is a company focused on transforming the management of Parkinson's disease through advanced measurement and analysis technology. Originating from over 15 years of academic research at the University of Eastern Finland, its innovative tools combine electromyography and motion sensor data to provide clinicians with detailed insights into patients' symptoms over several days. This comprehensive visibility allows for optimized treatment plans tailored to individual needs. Additionally, pharmaceutical companies can leverage Adamant Health's objective and long-term real-world data for clinical and post-market studies, using it as a complementary diagnostic tool to enhance personalized medication strategies.

Betolar Ltd is a Finnish materials technology company founded in 2013, specializing in the development of geopolymer concrete derived from waste streams in the energy, mining, and forestry sectors. The company aims to promote sustainability in the construction industry by providing carbon-neutral construction materials that utilize previously underused industrial byproducts as a substitute for traditional cement. Betolar's product offerings include concrete products, ready-mixed concrete, and soil stabilization materials, catering to various sectors such as construction, ground engineering, landscaping, and waste management. With a focus on supporting the circular economy, Betolar is positioned to facilitate the green transition across multiple industries globally.

Sofi Filtration Oy is a Finnish company specializing in the design and manufacture of advanced water filtration and process wastewater handling solutions. Founded in 2011 and based in Espoo, the company serves various industries including mining, metallurgy, oil and gas, and power generation. Sofi Filtration's innovative technology offers robust, automated, and energy-efficient water treatment services, enabling clients to improve water recirculation rates at production sites. Its applications include providing solids-free water for reverse osmosis, treating flue gas wastewater, cooling water treatment, and pre-treatment of wastewater before discharge. The company's flagship product, the Sofi Filter, exemplifies its commitment to delivering high-performance filtration solutions. Backed by public innovation development funds and private investors, Sofi Filtration continues to advance the field of industrial water treatment.

Monidor Oy is a Finnish company based in Oulu, founded in 2015. The company specializes in developing innovative electronic devices, notably its flagship product, Monidrop, which is an automated infusion monitor designed for intravenous infusion therapy. Monidor Oy focuses on enhancing the efficiency and safety of medical treatments through advanced technology.

Iiwari Tracking Solutions Oy specializes in designing and developing indoor positioning and tracking technologies. Founded in 2018 and headquartered in Vuokatti, Finland, the company offers a range of tools and software tailored for various industries. Iiwari has acquired key licenses from VTT, enabling it to operate on a global scale. The company has established a presence in the Nordic countries and the United States through its integrator network, facilitating the implementation of its innovative solutions in diverse environments.

Geyser Batteries Oy is a Finnish company based in Vaasa, established in 2018, that specializes in the development and manufacture of innovative high-power batteries. These batteries are designed to endure millions of charge and discharge cycles, making them suitable for demanding applications in transportation, power grid, and heavy machinery sectors. Utilizing proprietary water-based electrochemistry and patent-pending technology, Geyser Batteries produces environmentally safe, maintenance-free batteries that are fire-resistant and operational in extreme temperatures down to -60°C. Their products focus on fast and efficient charging, as well as reliability and safety, aiming to provide sustainable energy solutions for various industries.

ElFys, Inc. was founded in the fall 2017 to commercialize the innovation of photodetector technologies invented by a group of university researchers. The technologies are protected by their patent families. The company utilizes the state-of-the-art processing facilities at Micronova Nanofabrication Center in Espoo, Finland: 2600 square meters of CMOS compatible facilities suitable for both R&D and semi-mass production. Partners of the company also have vast expertise on silicon photovoltaics and related research. The structure and operation principles of solar cells and photodiodes are very similar and thus innovations from solar cells can often be applied to photodiodes and vice versa. Topics like surface passivation and defect engineering are integral parts of the manufacturing process and essential for achieving the superior response of their photodiodes.