69 Manufacturing Startups in Finland to Watch in 2023
Finland's Manufacturing sector is booming. This year’s list of the best 69 Finland Manufacturing startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.
Last update: September 12, 2023
Featured companies in Company
Featured
ICEYE operates a synthetic-aperture radar satellite constellation designed to deliver monitoring capabilities for any location on ea...
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Latest Funding
$140 Million · Series D
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Employees
251 to 500
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Investors
Molten Ventures, Molten Ventures, True Ventures, True Ventures
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Business Model
B2B
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Industries
Hardware, Space Tech, Manufacturing
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Locations
Espoo
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Contact
•••••@iceye.com
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Featured
Manufacturer of wireless hardware products engineered for integration into Internet of Things (IoT) systems.
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Latest Funding
$5.9 Million · Series A
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Employees
11 to 50
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Investors
Ventech, Ventech
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Business Model
B2B
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Industries
Manufacturing, Internet of Things
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Locations
Tampere
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Contact
•••••@treon.fi
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Featured
Carbo Culture is a Nordic-American carbon tech startup that removes carbon from the atmosphere.
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Latest Funding
$6.2 Million · Seed
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Employees
1 to 10
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Investors
Cherry Ventures, True Ventures, Lifeline Ventures
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Business Model
B2B
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Industries
Agritech, AI, Energy & Nuclear, Manufacturing
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Locations
Helsinki
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Contact
•••••@carboculture.com
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Full list of Manufacturing startups in Finland
P2X Solutions is a producer of green hydrogen and a pioneer in power-to-x technology.
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Latest Funding
$43 Million
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Industries
Energy & Nuclear, Manufacturing
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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
Lifeline Ventures
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Contact
•••••@p2x.fi
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Sulapac brings solutions to the global plastic waste problem with biodegradable packaging innovation.
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Latest Funding
$17 Million
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Industries
Climate Tech & Green Tech, Manufacturing, Supply Chain & Logistics
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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
Bonnier Ventures, Lifeline Ventures
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Contact
•••••@sulapac.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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Ilmatar is a project-oriented integrator in the field of renewable energy production.
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Latest Funding
$240 Million
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Industries
Climate Tech & Green Tech, 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
•••••@ilmatar.fi
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Varjo makes advanced VR/XR hardware and software for industrial use, paving the way for a true-to-life metaverse.
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Latest Funding
$40 Million · Series D
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Industries
Hardware, AR / VR, Manufacturing
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Locations
Helsinki
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Employees
101 to 250
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Business Model
B2B
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Investors
EQT Ventures, Atomico, NordicNinja VC, Lifeline Ventures
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Contact
•••••@varjo.com
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Developer of software-first satellites.
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Latest Funding
$7.4 Million · Seed
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Industries
Space Tech, Manufacturing
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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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Contact
•••••@reorbit.space
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Dispelix simply removes the challenges that the product designers have been trying to hide for years.
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Latest Funding
$33 Million · Series B
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Industries
Hardware, CPG & Consumer Goods, AR / VR, Manufacturing, Creative Tools, Wearables
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Locations
Espoo
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Employees
11 to 50
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Business Model
B2B, B2C
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Investors
Atlantic Bridge, Lifeline Ventures, VTT Ventures
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Contact
•••••@dispelix.com
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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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Paptic is manufacturing company.
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Latest Funding
$25 Million · Series A
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing, Supply Chain & Logistics
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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
European Circular Bioeconomy Fund (ECBF), Ecolab
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Contact
•••••@paptic.com
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No bullshit. Just enterprise IoT as it should be. Connecting millions of devices. Failure-free. No infrastructure. No middlemen.
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Latest Funding
$12 Million
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Industries
Hardware, Manufacturing, Internet of Things
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Locations
Tampere
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
ETF Partners, Inventure, Karma Venture
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Contact
•••••@wirepas.com
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Ultrasonic cleaning technology for industrial applications.
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Latest Funding
$5.7 Million
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Industries
Climate Tech & Green Tech, 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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Investors
Business Finland, Lifeline Ventures, Maki.vc
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Contact
•••••@altumtechnologies.com
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One-stop shop for all your wholesale.
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Latest Funding
$2.5 Million · Seed
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Industries
Manufacturing, Ecommerce
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Locations
Helsinki
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Employees
1 to 10
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Business Model
B2B, MARKETPLACE
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Investors
Lifeline Ventures
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Contact
•••••@droppe.com
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The platform powering virtual restaurants.
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Latest Funding
$1.2 Million · Pre Seed
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Industries
Foodtech, Manufacturing, Community & Lifestyle
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2B, SAAS, MARKETPLACE
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Investors
General Catalyst, Lifeline Ventures
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Contact
•••••@huuva.io
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Cactos smart energy storage systems secure critical power supply locally and allow for efficient utilisation of renewable energy globally.
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Latest Funding
$2.6 Million
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
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Locations
Helsinki
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Employees
1 to 10
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Investors
Superhero Capital
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Contact
•••••@cactos.fi
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Beneq supplies equipment for thin film ALD and aerosol coatings and manufactures thin film electroluminescent (TFEL) displays.
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Latest Funding
$22 Million
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Industries
Media and Entertainement, Manufacturing, Service Industry
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Locations
Helsinki
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Employees
51 to 100
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Business Model
B2B
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Contact
•••••@beneq.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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Haltian provides product development services and commercial Internet of Things solutions.
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Latest Funding
$7.3 Million
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Industries
Hardware, Mobile, Manufacturing, Developer Tools, Wearables
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Locations
Oulu
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Employees
51 to 100
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Business Model
B2B
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Investors
Inventure
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Contact
•••••@haltian.com
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Infinited Fiber technology brings enormous social, environmental and economical impact to the textile value chain and everybody’s wardrobe.
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Industries
Fashion, Manufacturing, Creative Tools
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Locations
Espoo
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Employees
11 to 50
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Business Model
B2B
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Investors
Nidoco, VTT Ventures
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Contact
•••••@infinitedfiber.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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Picosun is a manufacturer of atomic layer deposition reactors for micro and nanotechnology applications.
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Latest Funding
$14 Million
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Industries
Robotics, Manufacturing
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Locations
Espoo
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Employees
51 to 100
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Business Model
B2B
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Investors
First Fellow Partners
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Contact
•••••@picosun.com
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Physiscs simulation-as-a-service platform.
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Latest Funding
$3.8 Million · Seed
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Industries
AR / VR, Manufacturing, Quantum Computing, Metaverse
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Locations
Tampere
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
First Fellow Partners, Maki.vc
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Contact
•••••@quanscient.com
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Spinnova is a textile manufacturer that uses wood and waste without the use of harmful chemicals.
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Latest Funding
$12 Million
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Industries
Climate Tech & Green Tech, Fashion, Manufacturing
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Locations
Jyväskylä
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Employees
51 to 100
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Business Model
B2B
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Investors
Maki.vc
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Contact
•••••@spinnova.com
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ZirooPay is a maker of a mobile card reader that allows small businesses to accept card payments anywhere they operate.
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Latest Funding
$11 Million · Series A
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Industries
Fintech, Hardware, Mobile, Payments, Manufacturing, Wearables
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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
Inventure
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Contact
•••••@ziroopay.com
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Alvar Pet's mission is to minimize the carbon pawprint of dogs
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Latest Funding
$2.3 Million · Seed
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Industries
Foodtech, Manufacturing, Ecommerce
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2C
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Investors
Maki.vc
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Contact
•••••@alvarpet.com
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Canatu develops and manufactures innovative 3D formable and stretchable films and sensors for 3D touch surfaces and heater solutions.
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Latest Funding
$18 Million
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Industries
Climate Tech & Green Tech, Hardware, Deep Tech, Music and Audio, Mobility & Transportation, Robotics, Navigation and Mapping, Manufacturing, Electric Vehicles
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Locations
Helsinki
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Employees
51 to 100
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Business Model
B2B
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Contact
•••••@canatu.com
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Urban and environmentally friendly rides as a service for your business.
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Latest Funding
$3.2 Million · Seed
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Industries
Mobility & Transportation, Manufacturing
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2B, B2C
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Investors
Superhero Capital
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Contact
•••••@vapaus.io
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We can recover all the metal in slag and turn it into valuable sellable commodities
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Latest Funding
$6 Million
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Industries
Energy & Nuclear, Manufacturing
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Locations
Helsinki
- Employees
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Business Model
B2B
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Contact
•••••@magsort.fi
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Green Planet Astronauts manufacture organic ingredients for children.
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Latest Funding
$1.1 Million
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Industries
Foodtech, Manufacturing, Ecommerce
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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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Investors
Atomico
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Contact
•••••@greenplanetastronauts.com
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TEMPERATURE CONTROLLED LASER THERAPY
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Latest Funding
$1.5 Million · Seed
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Industries
Health Tech, Manufacturing
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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
•••••@maculaser.com
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Quuppa is a technology platform that provides intelligent real time locating services and applications.
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Latest Funding
$24 Million · Seed
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Industries
Hardware, Manufacturing, Productivity Tools
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Locations
Espoo
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Employees
51 to 100
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Business Model
B2B, SAAS
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Contact
•••••@quuppa.com
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Skyfora combines scientific understanding of tropical storms with computer vision, machine learning and IoT technologies.
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Latest Funding
$710 Thousand · Pre Seed
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Industries
Hardware, AI, Machine Learning, Data and Analytics, Manufacturing, Business Intelligence
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Locations
Helsinki
- Employees
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Business Model
B2B, SAAS
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Investors
Icebreaker, Voima Ventures
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Contact
•••••@skyfora.com
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TactoTek manufactures 3D structural electronics by integrating printed circuitry and electronic components into injection-molded plastics.
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Latest Funding
$4.7 Million
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Industries
Mobility & Transportation, Manufacturing, Internet of Things, Productivity Tools, Future of Work
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Locations
Oulu
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Employees
51 to 100
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Business Model
B2B
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Contact
•••••@tactotek.com
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The most hygiene and safe experiences in temporary living, safe from bed bugs. Deep tech startup based in Helsinki, Finland.
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Latest Funding
$1.8 Million · Seed
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Industries
Health Tech, Hardware, Proptech & Real Estate, Manufacturing, Community & Lifestyle, Wearables
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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
Maki.vc, Icebreaker
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Contact
•••••@valpashotels.com
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9Solutions provides unique customer benefits by combining real time awareness, personal safety solutions.
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Industries
Health Tech, Privacy and Security, Manufacturing
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Locations
Oulu
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Employees
11 to 50
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Business Model
B2B
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Investors
Innovestor Ventures
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Contact
•••••@9solutions.com
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Cerenion is a medical device company that has developed a software for monitoring of brain function in intensive care.
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Latest Funding
$2.2 Million · Seed
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Industries
Health Tech, Hardware, AI, Machine Learning, Manufacturing, Wearables
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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
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Contact
•••••@cerenion.com
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Platform to predict forest inventories and carbon capture.
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Latest Funding
$1.5 Million · Seed
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Industries
Climate Tech & Green Tech, Agritech, AI, Data and Analytics, Energy & Nuclear, Manufacturing
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Locations
Espoo
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Nidoco
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Contact
•••••@collectivecrunch.com
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Combinostics is a software tools for diagnostics support.
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Latest Funding
$4.3 Million · Series A
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Industries
Health Tech, Deep Tech, Robotics, Manufacturing, Enterprise Software
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Locations
Tampere
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Industrifonden, NordicNinja VC
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Contact
•••••@combinostics.com
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Logmore improves logistics quality control by QR data loggers and a connected cloud platform.
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Latest Funding
$4.9 Million · Seed
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Industries
Hardware, Manufacturing, Business Intelligence, Internet of Things, Supply Chain & Logistics, Wearables
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Locations
Jyväskylä
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Employees
51 to 100
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Business Model
B2B
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Investors
NordicNinja VC, Icebreaker
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Contact
•••••@logmore.com
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Pixieray modernizes traditional eyeglass optics by introducing a pioneering adaptive solution giving anyone perfect vision
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Latest Funding
$4.4 Million · Seed
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Industries
Hardware, Fashion, 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
Firstminute Capital, First Fellow Partners, Maki.vc
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Contact
•••••@pixieray.com
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Sofi Filtration is a Finnish provider of innovative industrial water filtration technology.
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Latest Funding
$3.5 Million
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Industries
Climate Tech & Green Tech, Health Tech, Hardware, 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
•••••@sofifiltration.com
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TimeGate Instruments is a first tech company worldwide to commercialize Timegated® Raman technology.
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Latest Funding
$3 Million
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Industries
Agritech, Manufacturing, 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
Lifeline Ventures
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Contact
•••••@timegate.com
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Airborne emission monitoring, Cost-effective point-of-source aerial analyzing service.
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Latest Funding
$2.6 Million · Seed
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Industries
Mobility & Transportation, Energy & Nuclear, Manufacturing, Business Intelligence
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Locations
Helsinki
- Employees
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Business Model
B2B
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Contact
•••••@aeromon.fi
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Endev is running a sports media business.
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Latest Funding
$4.7 Million
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
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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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Contact
•••••@endev.fi
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Epic Foods is a Nordic food delivery company, running it's own kitchen network.
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Industries
Foodtech, Consumer Social, Food Delivery, Manufacturing
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2C
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Investors
Forward VC
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Contact
•••••@epicfoods.com
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Innomost develops ingredients for the cosmetics and personal care industry, based on the ethically produced raw material: Finnish wood.
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Industries
Health Tech, Agritech, Fashion, Manufacturing
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Locations
Helsinki
- Employees
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Business Model
B2B
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Investors
Innovestor Ventures
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Contact
•••••@innomost.com
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Oceanvolt produces silent, lightweight, reliable and easy to use electric motor systems for boats that are easy to install and maintain.
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Latest Funding
$2.7 Million
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Industries
Mobility & Transportation, 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
•••••@oceanvolt.com
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Finnish academic spin-out working to develop and introduce to the markets a nasal spray vaccine against COVID
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Latest Funding
$4.2 Million · Seed
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Industries
Health Tech, 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
•••••@rokote.com
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Woodio is a digital designing agency.
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Latest Funding
$4.5 Million
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Industries
Proptech & Real Estate, Manufacturing, Productivity Tools, Future of Work
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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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Contact
•••••@woodio.fi
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Zenniz is an ITF approved game tracking solution that provides real-time information.
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Industries
Hardware, Sportstech, Manufacturing, Business Intelligence
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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
Superhero Capital
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Contact
•••••@zenniz.com
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New Icon manufactures automation solutions for hospitals and pharmacies with technology that relies on robotics and the Internet of Things.
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Latest Funding
$5.6 Million
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Industries
Health Tech, Deep Tech, Robotics, Manufacturing, Internet of Things
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Locations
Kuopio
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Employees
51 to 100
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Business Model
B2B
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Contact
•••••@newicon.fi
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Foodiq is a one-of-a-kind food manufacturer that can both develop and manufacture plant-based products.
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Latest Funding
$14 Million · Seed
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Industries
Foodtech, Manufacturing, Ecommerce
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2B, B2C
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Contact
•••••@foodiq.fi
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Making industrial construction automated and sustainable and Concrete 3D Printing
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Latest Funding
$3 Million · Seed
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Industries
Climate Tech & Green Tech, Deep Tech, Proptech & Real Estate, Energy & Nuclear, Robotics, Manufacturing
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Locations
Espoo
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Employees
11 to 50
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Business Model
B2B
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Investors
Lifeline Ventures, Katapult Accelerator
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Contact
•••••@hyperionrobotics.com
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Data-driven technologies, software and solutions for automated vertical farms
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Latest Funding
$4 Million · Seed
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Industries
Climate Tech & Green Tech, Agritech, Foodtech, Manufacturing
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Locations
Helsinki
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Employees
101 to 250
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Business Model
B2B
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Contact
•••••@ifarm.fi
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We create premium custom editing consoles for Creative and Live Streaming verticals.
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Latest Funding
$2.4 Million
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Industries
Gaming, Hardware, 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
•••••@loupedeck.com
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At Revonte we create the first software driven e-bike platform for building the best e-bikes.
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Industries
Hardware, Mobility & Transportation, Manufacturing, Ecommerce
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Locations
Tampere
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Employees
11 to 50
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Business Model
B2B, B2C
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Investors
Maki.vc
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Contact
•••••@revonte.com
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3DBear is a Finnish high-technology startup
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Latest Funding
$1.8 Million
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Industries
Edtech, Gaming, Manufacturing
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Locations
Helsinki
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Employees
1 to 10
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Business Model
B2B
-
Contact
•••••@3dbear.io
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Medical device company focused on cartilage repair
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Latest Funding
$840 Thousand · Seed
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Industries
Health Tech, Hardware, Manufacturing
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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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Contact
•••••@askelhealthcare.com
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ELIAS ROBOT is an EdTech and media company that develops voice-powered applications for educational use
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Latest Funding
$100 Thousand · Pre Seed
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Industries
Edtech, AI, Deep Tech, Mobile, Robotics, Manufacturing
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Locations
Helsinki
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Employees
1 to 10
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Business Model
B2C, FREEMIUM, SAAS
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Contact
•••••@eliasrobot.com
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Lovia is a sustainable brand that creates artisan made accessories of high-quality leftover materials with 100 % transparency.
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Latest Funding
$240 Thousand · Pre Seed
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Industries
Foodtech, CPG & Consumer Goods, Fashion, Manufacturing, Ecommerce
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Locations
Helsinki
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Employees
1 to 10
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Business Model
B2C
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Contact
•••••@loviacollection.com
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Nordtreat is a chemicals company, specialising in environmentally friendly flame retardants.
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Latest Funding
$1.4 Million
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Industries
Climate Tech & Green Tech, Proptech & Real Estate, Manufacturing
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2B
-
Contact
•••••@nordtreat.com
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Ori Solution is a clean energy company that revolutionizes the conversion of kinetic fluid and gas energy to electrical energy.
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Latest Funding
$260 Thousand · Pre Seed
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
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Locations
Helsinki
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Employees
1 to 10
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Business Model
B2B
-
Contact
•••••@orisolution.com
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Papu Design is a young and fast growing childrenswear and lifestyle brand.
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Latest Funding
$560 Thousand · Pre Seed
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Industries
CPG & Consumer Goods, Fashion, Manufacturing, Ecommerce
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2C
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Contact
•••••@papustories.com
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Parking Energy provides an electric car charging system for real estate properties.
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Latest Funding
$1.1 Million
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Industries
Climate Tech & Green Tech, Hardware, Proptech & Real Estate, Mobility & Transportation, Energy & Nuclear, Manufacturing, Electric Vehicles
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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
•••••@parkingenergy.com
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Skand is a Nordic designer and producer of light electric vehicles that are suitable for all year round usage.
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Latest Funding
$1 Million
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Industries
Climate Tech & Green Tech, Hardware, Mobility & Transportation, Manufacturing, Electric Vehicles
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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
•••••@skandelectric.com
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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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Hemp infused zen drink that helps unwind and focus
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Industries
Health Tech, Foodtech, 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
•••••@ysubdrinks.com
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