25 Biotech Startups in Finland to Watch in 2023
Finland's Biotech sector is booming. This year’s list of the best 25 Finland Biotech startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.
Last update: September 08, 2023
Featured companies in Company
Featured
Testing and certifications platform for any material, product or chemical.
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Latest Funding
$2.7 Million · Seed
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Employees
11 to 50
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Investors
VentureFriends, Lifeline Ventures
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Industries
Biotech, Pharma
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Locations
Helsinki
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Contact
•••••@measurlabs.com
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Featured
Algorithms to solve currently inaccessible problems in life sciences.
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Latest Funding
$15 Million · Series A
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Employees
1 to 10
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Investors
Inventure, Inventure
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Business Model
B2B, SAAS
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Industries
Biotech, Deep Tech
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Locations
Turku
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Contact
•••••@algorithmiq.fi
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Featured
Cancer immunotherapy researcher.
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Latest Funding
$11 Million · Series A
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Employees
1 to 10
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Investors
Horizon 2020, EIC Accelerator, Lifeline Ventures, Lifeline Ventures, Lifeline Ventures, Lifeline Ventures
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Business Model
B2B
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Industries
Health Tech, Biotech
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Locations
Helsinki
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Contact
•••••@tiltbio.com
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Full list of Biotech startups in Finland
Rappta Therapeutics is a lead-optimization stage biopharmaceutical company.
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Latest Funding
$11 Million · Series A
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Industries
Health Tech, Biotech, Deep Tech, Pharma
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Locations
Helsinki
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Employees
1 to 10
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Business Model
B2B
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Investors
Novartis Venture Fund, Novo A/S
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Contact
•••••@rappta-therapeutics.com
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Upcycled mycoprotein powder producer.
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Latest Funding
$12 Million · Series A
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Industries
Health Tech, Agritech, Foodtech, Biotech, Deep Tech, Manufacturing
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Locations
Espoo
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Employees
1 to 10
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Business Model
B2B
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Investors
Aqua Spark, Nordic Foodtech VC, Voima Ventures
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Contact
•••••@eniferbio.fi
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DNA library to speed up the identification of antibiotic resistance.
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Latest Funding
$1.1 Million · Seed
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Industries
Biotech, Deep Tech
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Locations
Helsinki
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Employees
1 to 10
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Investors
Lifeline Ventures
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Contact
•••••@solu.bio
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Algae-based alternative to chemicals.
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Latest Funding
$3.3 Million · Seed
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Industries
Climate Tech & Green Tech, Biotech, Energy & Nuclear, Manufacturing
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Locations
Espoo
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Employees
1 to 10
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Business Model
B2B
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Investors
Voima Ventures
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Contact
•••••@originbyocean.com
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Ductor is a provider of proprietary technologies designed to secure efficient waste management production based on recycling.
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Industries
Climate Tech & Green Tech, Agritech, Biotech, Energy & Nuclear, Manufacturing
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@ductor.com
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Onego Bio is a smart protein is a piece of cake.
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Latest Funding
$11 Million · Seed
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Industries
Foodtech, Biotech, Manufacturing
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Locations
Espoo
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Employees
1 to 10
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Business Model
B2B
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Investors
Maki.vc
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Contact
•••••@onego.bio
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Blueprint Genetics is a healthcare firm based in Helsinki, San Francisco and Dubai, providing clinical genetic testing to patients.
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Latest Funding
$17 Million
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Industries
Health Tech, Biotech, Genetics
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2B, SAAS
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Contact
•••••@blueprintgenetics.com
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Causalus is building SaaS service for reviewing, tracking and standardising complex medications of the eldelry patients.
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Latest Funding
$290 Thousand · Pre Seed
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Industries
Health Tech, Hardware, Biotech, Pharma, ElderTech
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Locations
Helsinki
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Employees
1 to 10
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Business Model
B2B, SAAS
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Investors
Icebreaker
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Contact
•••••@causalus.com
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Osgenic develops XR based solutions for surgeons to prepare for procedures in a more intuitive way.
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Latest Funding
$1 Million · Seed
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Industries
Health Tech, AR / VR, Biotech
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2B
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Investors
Icebreaker
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Contact
•••••@osgenic.com
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Tenboron is the developer of a boron neutron capture therapy intended to treat locally invasive malignant tumors
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Latest Funding
$1.7 Million
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Industries
Health Tech, Biotech
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Locations
Helsinki
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Employees
1 to 10
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Business Model
B2B
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Investors
Innovestor Ventures
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Contact
•••••@tenboron.fi
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Cardiac monitoring via smartphone
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Latest Funding
$2.6 Million · Seed
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Industries
Health Tech, Biotech, Mobile
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Locations
Turku
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Maki.vc
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Contact
•••••@cardiosignal.com
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Valo Therapeutics is an immunooncology company developing tumour antigen-coated oncolytic viruses as therapeutic vaccines.
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Latest Funding
$13 Million
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Industries
Health Tech, Biotech
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@valotx.com
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Aurealis Pharma is a biopharmaceutical company.
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Latest Funding
$7.7 Million · Series B
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Industries
Health Tech, Biotech, Pharma
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Locations
Kuopio
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Employees
1 to 10
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Business Model
B2B
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Contact
•••••@aurealispharma.com
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Sensmet developes breaktrough technology for real-time water analytics.
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Latest Funding
$1.8 Million
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Industries
Climate Tech & Green Tech, Biotech, Energy & Nuclear, Business Intelligence
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Locations
Oulu
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Employees
1 to 10
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Business Model
B2B
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Investors
Innovestor Ventures
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Contact
•••••@sensmet.com
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Desentum is a biotechnology company in Finland developing an allergy vaccine that harnesses the immune system.
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Latest Funding
$9.1 Million
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Industries
Health Tech, Biotech, Deep Tech, Pharma
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Locations
Espoo
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Employees
1 to 10
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Business Model
B2B
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Contact
•••••@desentum.fi
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Uute Scientific Oy offers its products available to families with young children through several standard consumer products.
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Latest Funding
$1.4 Million
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Industries
Health Tech, Biotech, Manufacturing
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Locations
Helsinki
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Employees
1 to 10
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Business Model
B2B, B2C
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Contact
•••••@uutescientific.com
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Brinter is a revolutionary modular 3D bioprinter for global markets.
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Latest Funding
$1.5 Million · Seed
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Industries
Health Tech, Hardware, Biotech, Deep Tech, Pharma, Manufacturing
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Locations
Turku
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Employees
1 to 10
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Business Model
B2B
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Investors
Innovestor Ventures
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Contact
•••••@brinter.com
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Finnadvance has developed microfluidic devices for in-vitro microvascular network generation.
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Latest Funding
$1.3 Million · Seed
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Industries
Health Tech, Hardware, Biotech, Deep Tech, Manufacturing
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Locations
Oulu
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Employees
1 to 10
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Business Model
B2B
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Investors
Icebreaker, Voima Ventures
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Contact
•••••@finnadvance.fi
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StemSight is a cell therapy startup developing novel treatments for blindness operating in Tampere, Finland.
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Latest Funding
$590 Thousand · Seed
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Industries
Health Tech, Biotech, Manufacturing
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Locations
Tampere
- Employees
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Business Model
B2B
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Investors
Voima Ventures
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Contact
•••••@stemsight.fi
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Nanoform is a pioneering company driven by a passion for innovation and a commitment to solving our partners’ problems.
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Industries
Biotech, Deep Tech
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Locations
Helsinki
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Employees
11 to 50
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Contact
•••••@nanoform.fi
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Testing and certifications platform for any material, product or chemical.
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Industries
Biotech, Pharma
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Locations
Helsinki
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Employees
11 to 50
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Contact
•••••@bs.com
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Abacus Diagnostica Oy is a Finnish molecular diagnostic company.
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Latest Funding
$1.6 Million
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Industries
Health Tech, Biotech
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Locations
Turku
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@abacusdiagnostica.com
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