Top VC Firms in Finland
The 25 highest-scoring venture funds headquartered in Finland, ranked from 52 eligible firms on a 110-point composite of portfolio outcomes, deal volume, risk adjustment and cheque-size fit.
Founded in 2010, VTT Ventures is a corporate venture capital arm of VTT Technical Research Centre based in Espoo, Finland. The firm invests in imaging and optics, the internet of things and electronics, life science, materials and manufacturing, sensing and diagnostics, software, and ICT sectors.
Investments
31
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Focuses on early-stage companies in the Healthcare & Life Sciences sector in Finland. The firm invests in companies with B2B and B2C business models.
Investments
44
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Focuses on fast-growing European companies, particularly in the Nordics and Baltics. They invest in Series A and B stages, looking for companies with proven unit economics and a few million euros in revenue.
Investments
34
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Investments
54
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Focuses on early-stage companies, particularly Series A. Invests in the commerce and marketing sectors, with a geographic interest in India.
Investments
36
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
OpenOcean invests in early-stage software businesses across Europe with global ambitions. They focus on data-intensive, AI-first companies building scalable and defensible businesses.
Investments
127
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Sisu Game Ventures is an early-stage venture capital fund focused 100% on games, often providing the first check to pre-revenue and pre-product companies. They prioritize strong founding teams and leverage their extensive experience in game development to support the next generation of game entrepreneurs.
Investments
75
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Invests in early-stage software and developer tools companies in Finland. Focus on seed stage.
Investments
66
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Vendep Capital invests in B2B SaaS startups across the Nordics and Baltics.
Investments
56
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Gorilla Capital focuses on early-stage investments in Nordic technology companies, emphasizing disruptive B2B solutions that address critical industry challenges, such as cybersecurity and software for demanding environments.
Investments
39
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Korona Invest focuses on early-stage Finnish startups innovating in Fintech and Healthtech, supporting scalable B2B and B2C business models. They seek transformative companies with strong teams and proprietary technology.
Investments
34
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
CapMan invests in real estate, natural capital, infrastructure, growth, special situations, real asset debt, and wealth management.
Investments
41
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Invests in early-stage companies with a focus on the Nordic and Baltic regions. They look for companies in the consumer and lifestyle sectors.
Investments
158
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Maki.vc invests in companies building deep tech and brand-driven businesses, primarily in the Nordics and Europe. They focus on early-stage ventures with the potential to disrupt traditional industries.
Investments
80
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Butterfly Ventures is a seed-stage focused venture capital firm investing in deep tech, hardware, and hardware-interfacing software startups in the Nordic and Baltic regions.
Investments
43
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Conor Venture Partners invests in early-stage Nordic startups primarily in SaaS and Fintech, focusing on scalable business models that impact Healthtech and CleanTech sectors.
Investments
19
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Lifeline Ventures is an early-stage venture capital firm that invests in ambitious founders building disruptive companies, primarily focusing on the Nordic and Baltic regions. They look for companies with the potential to scale globally, often investing in deep tech, health, and software startups.
Investments
120
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Invests in early-stage companies with high growth potential, primarily in Finland and the Nordic region. Focuses on sectors like healthcare and technology.
Investments
240
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Tesi (Finnish Industry Investment) is a state-owned investment company that invests in venture capital and private equity funds and directly in Finnish growth companies to promote economic growth and develop the Finnish venture ecosystem. They focus on sectors like deep tech, industrial transformation, health, and sustainability.
Investments
169
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Icebreaker.vc invests primarily in early-stage (pre-seed to series A) deep technology startups across Finland, Sweden, and Estonia, with a focus on spacetech, defense, and cybersecurity sectors serving business and government clients.
Investments
62
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Green Angel Ventures invests in early-stage startups pioneering sustainable technologies and climate innovations to build a greener future. They focus on scalable solutions driving environmental impact and market growth.
Investments
50
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Bocap is a Finnish venture capital firm that invests in early-stage software and developer tools companies. They focus on B2B solutions with high growth potential.
Investments
18
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
NordicNinja VC is a venture capital firm that focuses on investing in early-stage startups in the Nordic and Baltic regions, with a particular interest in deep tech, SaaS, and digital health.
Investments
75
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
FOV Ventures is a Finnish VC focused on early-stage investments, primarily targeting seed and pre-seed startups in Finland. They back innovative technology companies striving to bring cutting-edge solutions to market.
Investments
36
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Curiosity VC invests primarily in early-stage Nordic tech startups focusing on SaaS and Fintech sectors. They aim to partner with founders driving innovative B2B and B2B2C business models to accelerate scalable growth.
Investments
54
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Methodology
What the score measures, who is eligible, and what it deliberately excludes.
- How is the Brouky score for Finland calculated?
- Each firm is scored out of 110 points across four measured components: portfolio outcomes (40), deal volume (30), risk adjustment (25) and cheque-size fit (15). The score is computed from tracked investments and portfolio company status. It is not editorial and firms cannot influence it.
- Which firms are eligible for the Finland ranking?
- Venture and corporate venture funds headquartered in Finland with at least 5 tracked investments. 52 firms qualify; the top 25 are listed. Angel investors, family offices, banks, accelerators and government vehicles are excluded because they are scored on a different basis and are not comparable.
- How often is the ranking updated?
- Scores are recomputed as new investments and portfolio outcomes are recorded, and this page refreshes daily.
- My fund's data looks wrong. Can it be corrected?
- Yes. Claim the fund's profile on Brouky to review the underlying investments and portfolio records, and the score updates from the corrected data.