121 Espoo Startups to Watch in 2020

Espoo's tech sector is booming. This year’s list of the best 121 Espoo tech startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.

The last update was made on May 15, 2020.

Curated by @gonsanchezs

Espoo 10+ employees Fast-growing


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Rovio Entertainment

Rovio Entertainment is an entertainment media company that develops, publishes, and distributes video games.

Espoo   501-1000   $76,106,830  

Mobidiag

Molecular diagnostic company focusing on detection of infectious diseases

Espoo   51-100   $72,377,384  

MariaDB Corporation

MariaDB Corporation is the company behind MariaDB, the fastest growing Open Source database.

Espoo   101-250   $98,175,561  

ICEYE

ICEYE empowers others to make better decisions in B2B and B2G industries by providing access to timely and reliable satellite imagery.

Espoo   43840   $65,059,475  

Enfuce Financial Services

Enfuce is a new kind of financial service provider focusing on the future possibilities within payments – from a world without legacy.

Espoo   51-100   $5,632,749  

Surrogate.tv

The pioneers of gaming surrogacy.

Espoo   11-50   $2,000,000  

Enevo

Enevo is a forward-thinking company with a vision to transform the financial, environmental and social impact of waste.

Espoo   51-100   $55,363,229  

Sumitomo

Sumitomo is a supplier of innovative circulating fluidized bed (CFB) technology providing value to our customers.

Espoo   12473    

IQM

IQM builds scalable hardware for universal quantum computers, focusing on superconducting technology.

Espoo     $12,829,088  

Finnzymes

Finnzymes works intensively at the leading edge of modern molecular biology, especially in PCR, quantitative real-time PCR and transposon.

Espoo   10001    

Zervant

Zervant is a market leading pan-European provider of online invoicing solutions

Espoo   11-50   $16,173,687  

Dispelix

Dispelix simply removes the challenges that the product designers have been trying to hide for years.

Espoo     $15,583,282  

MeetingPackage.com

Global marketplace for searching, booking and managing meeting & event spaces. Also offers a booking technology for venues as a SaaS model.

Espoo   11-50   $3,997,160  

Infinited Fiber Company

Infinited Fiber technology brings enormous social, environmental and economical impact to the textile value chain and everybody’s wardrobe.

Espoo   11-50   $3,700,000  

Beddit

Beddit offers consumer focused sleep tracking.

Espoo   11-50   $4,003,472  

Yogaia

Yogaia is the first live, interactive online yoga studio in the world. With Yogaia, the studio is where you are.

Espoo   11-50   $3,630,000  

Popit Medical Technologies

Popit improves medication adherence through smart consumer devices. We are on a mission to digitize medicine.

Espoo   43840   $1,417,960  

Zapflow

Zapflow is a dealflow management tool for professional investors.

Espoo   43840   $700,000  

Wellmo

A cloud-based mobile platform for wellness service providers and corporate employers.

Espoo   11-50   $3,902,514  

Wello

Wello produces wave energy converters with minimal impact to the environment.

Espoo   43840   $8,909,565  

Distence

Disrupting industrial asset life cycle management. Focus on rotating machines in demanding industrial environments.

Espoo   11-50   $5,629,147  

Fluido

Nordic Salesforce Platinum Consulting partner. We make customer data meaningful in the moments that matter the most.

Espoo   51-100   $3,574,194  

Ladimo

Ladimo develops machine visionapplications for different industry needs.

Espoo   43840   $1,840,291  

CollectiveCrunch

CollectiveCrunch is a leader in AI for the forestry industry. We bring a step-change to prediction of wood inventories.

Espoo   11-50   $979,150  

Synoste

Synoste is a startup company developing novel, patient-friendly medical solutions for the treatment of skeletal deformities.

Espoo   43840   $11,809,627  

Ambronite

Ambronite is a provider of organic drinkable meal that fulfils daily nutrition recommendations in 2 minutes.

Espoo   43840   $702,824  

Omegawave

Omegawave is the world's first health and sports performance optimizer – scientifically proven and patented technology.

Espoo   11-50   $5,547,857  

Teraloop

Teraloop is developing a breakthrough in utility scale storage to unlock the integration of renewable energy.

Espoo   11-50   $2,693,300  

Rentle

Creating modern consumer experiencesby remodelling the recreational rental industry.

Espoo   43840   $372,365  

Desentum

Desentum is a biotechnology company in Finland developing an allergy vaccine that harnesses the immune system.

Espoo   43840   $4,146,295  

Flexound Systems

Flexound Systems is a young growth-hungry Finnish start-up company whose mission is to create magic sound & feel experiences.

Espoo   11-50   $961,502  

ElFys

ElFys is an Ultraviolet sensitive photodiodes.

Espoo   43840   $774,910  

Lifetime Group

CIMS from Lifetime Studios the App Specialists. Lifetime Consulting offers Advisors You Trust.

Espoo   11-50   $484,678  

New Nordic School

New Nordic School is on a mission to transform current systems of education.

Espoo   11-50   $1,391,243  

CloudStreet

Cloudstreet is the Nokia spin-off specialized in delivering SLA-assured mobile Internet connectivity.

Espoo   11-50   $3,394,981  

VibeCatch

VibeCatch gives you actionable insights to improve the bottom line while making your company a better place to work.

Espoo   43840   $711,090  

Foilchat

foilChat is an end-to-end encrypted messaging platform for companies with a need to communicate sensitive information

Espoo   11-50   $3,652,913  

Entocube

EntoCube is a leading insect technology company

Espoo   43840   $787,961  

Surgify

Surgify develops new solutions to protect these structures and prevent associated complications. Bleeding, infections and nerve injuries.

Espoo     $1,239,272  

CH-Bioforce

CH-Bioforce is the developer of the best biomass fractionation technology in the world.

Espoo   43840   $2,436,123  

Yetitablet

Yetitablet is the most intuitive, versatile and high-performance giant tablet.

Espoo   51-100   $1,261,185  

WorkPilots

A mobile on demand job matching service for Europe's youth.

Espoo   43840   $1,179,394  

PuzzlePhone

As They are facing ever greater challenges of increasing consumption and decreasing resources.

Espoo   11-50   $2,270,858  

OptiWatti

OptiWatti Oy develops OptiWatti, a fully automated system to optimize the heating and cooling.

Espoo   11-50   $4,437,398  

Evac

Evac is the world’s leading provider of integrated waste-, wastewater-, and water management systems for the marine, offshore.

Espoo   43840   $296,221  

Funzi

Funzi develops a mobile learning and information service with an initial focus on emerging markets.

Espoo   11-50   $671,433  

Mightifier

MightifierApp is about mastering social and emotional skills for wellbeing.

Espoo   43840   $250,000  

Medixine

Medixine specializes in multimodal communication e-services for health care and wellness.

Espoo   11-50   $224,366  

Ekorent

EkoRent offer affordable, easy-to-use, zero-emission car rental and sharing services.

Espoo   43840   $557,617  

Quanturi

Quanturi Develops And Markets Connected Objects And Solutions For The Analysis Of Associated Data.

Espoo     $1,500,000  

LiquidBlox

LiquidBlox simplifies web design process and removes need for coding in making and updating websites and Shopify e-commerce sites

Espoo   43840   $398,753  

Dottli

Dottli you can efficiently manage your diabetes and share your values with your peers and family.

Espoo   11-50   $1,290,825  

Host My Pet

Find Your Trusted Pet Sitter

Espoo   43840   $30,286  

Fortum

Fortum’s purpose is to create energy that improves life for present and future generations.

Espoo   5001-10000    

Convion

Convion is a fuel cell system developer committed to commercializing solid oxide fuel cell systems.

Espoo   11-50   $50,000  

CSC

CSC provides versatile IT services for the needs of science, research, education and information management.

Espoo   10001    

Connected Finland

Connected Finland is the first nationwide IoT-operator in Finland.

Espoo   43840   $2,163,277  

Solar Water Solutions

Solar Water Solutions provides sustainable and economically efficient small-scale water purification products.

Espoo     $53,761  

Navigil

Navigil designs, manufactures, and sells tracking platforms that are among the most advanced in the world.

Espoo   11-50   $55,915  

BiiSafe

BiiSafe offers mobile based safety solutions and related accessories for consumer and corporate use.

Espoo   11-50   $249,221  

Cuckoo Workout

Cuckoo Workout is a work wellness startup company that offers its customers a web-based activity game.

Espoo   43840   $137,126  

Uniq Bioresearch

Uniq Bioresearch is a biotechnology company that develops new whey protein based whey protein product and microencapsulation concepts.

Espoo     $1,225,726  

Meshly

Meshly, a mobile community for connected people.

Espoo   43840   $169,701  

Nordic 24/7 Services

Nordic 24/7 Services is an innovation company creating cooling units with cutting edge intelligence.

Espoo   43840   $1,283,851  

Ubisecure

Ubisecure provides a Customer IAM platform for Enterprises to use Digital Identities to improve Customer journeys, security and privacy.

Espoo   51-100    

Hatch Entertainment

Hatch is an online game streaming platform that enables users to play, watch, and share games.

Espoo   11-50    

Goodmill Systems

Goodmill Systems offers operator-independent, reliable, and cost-effective connection solutions for mobile and fixed environments.

Espoo   11-50   $1,462,164  

Quuppa

Provider of Intelligent Location Technology.

Espoo   43840    

Tecnotree

Tecnotree Corporation is a telecommunications company, which develops and supplies messaging and charging solutions for operators

Espoo   501-1000    

HitSeed

HitSeed helps in providing commercial products through IoT solutions and helps in building out connected products.

Espoo   43840   $62,365  

OpusCapita Group

OpusCapita Group Oy, a Nordic market leader in e-invoicing and financial processes.

Espoo   1001-5000    

Renexe

Modern portfolio optimization and risk management as SaaS

Espoo   43840    

SkenarioLabs

Intelligent property analytics for real estate owners, asset managers and financial institutions.

Espoo   11-50    

SpaceMaker

SpaceMaker offers a modular software solution, based on per-box consumer logistics and storage needs.

Espoo      

Trinnect

Trinnect is a company that provides mobile healthcare solutions.

Espoo   43840   $25,000  

Steerpath

Steerpath is an indoor mapping and navigation solution for mobile platforms. It requires no calibration or manual map creation.

Espoo   11-50    

Samlink

Samlink creates both cost efficiency and support business growth and the development of information technology.

Espoo   501-1000    

Viima

Viima Solutions Oy is a privately held company based in Espoo, Finland building a SaaS platform for idea and innovation management

Espoo   11-50    

Tuxera

Tuxera is the leading provider of embedded storage management software and networking technologies.

Espoo   51-100    

Huhtamaki

Huhtamäki is a global manufacturer of consumer and specialty packaging. Head office in Espoo, Finland

Espoo   10001    

Profit Software

Profit Software is dedicated to serving insurers with proven, state-of-the-art solutions and close collaboration.

Espoo   51-100    

Orion Corporation

Orion is a globally operating Finnish company developing pharmaceuticals and diagnostic tests – a builder of well-being.

Espoo   11-50    

Caidio

Caidio provides AI-based software for improving the quality and productivity of concrete construction.

Espoo   43840    

Lumene

Lumene is a Finnish manufacturer of cosmetics.

Espoo   501-1000    

Woodly

Woodly has developed a carbon neutral bio-based plastic from cellulose that can be used to replace traditional fossil-based plastics.

Espoo   43840    

Nixu Corporation

Nixu Corporation work to improve our clients cybersecurity in solution areas of Corporate IT, Digital Business and Industrial Internet.

Espoo   51-100    

Taika3D

3D Machine Vision and Design Automation for the Orthotics and Prosthetics Industry #SaaS #3Dscan #3Dprint

Espoo   11-50    

ZenTreasury

ZenTreasury is a FinTech and SaaS company. We provide a modern finance platform for treasury and lease management.

Espoo   43840    

Qentinel

Our robotic testing solution accelerates software creation and provides insights that help you deliver fast and flawlessly.

Espoo   101-250    

Casambi Technologies

With Casambi you can control your lights to create just the right mood or ambience.

Espoo   11-50    

Coachilla

Coaching for a Meaningful Life

Espoo   43840    

OneStream

Complete cloud based solution to live stream pre recorded videos to Social media sites like Facebook Live, YouTube Live, Periscope TV

Espoo   43840    

LähiTapiola

LähiTapiola is based on mutual company form, a group of companies owned by its customers, serving the personal, farm, entrepreneurial.

Espoo   251-500    

OneTool.app

All the most common business tools in one place

Espoo      

Concept.ly

Content.ly is a Finland-based company that converts wireframes and designs into interactive apps.

Espoo   43840    

Sofigate

Sofigate is the leading IT Management Design Office in the Nordics.

Espoo   251-500    

Mercuri International

Mercuri International Group AB provides sales management training and consulting services to individuals and companies worldwide.

Espoo   501-1000    

Addcomposites

Addcomposites by AFP-XS is the lightest, most compact robotic arm end-effector for composite automation.

Espoo   43840    

Aalto Startup Center

Aalto Startup Center runs a business generator program for startups at the beginning of their journey.

Espoo   43840    

X-akseli

X-akseli is an IT system supplier specialising in patient flow solutions for the health care sector.

Espoo   11-50    

Innofactor

Innofactor is a provider of cloud solutions and digital transformation.

Espoo   501-1000    

Analyse²

Analyse Solutions provides assortment management solution for food retailers.

Espoo   51-100    

Medigoo Inc.

Selling home health analysis devices and kits. Providing extensive health information in the form of medical illness articles.

Espoo   11-50    

HLD Healthy Life Devices

HLD manufactures physiotherapy devices called LymphaTouch and PhysioTouch for swelling and lymphedema treatmetn

Espoo   43840    

Futuremark

Futuremark is a Finnish software development company that creates software for desktop computers, notebooks, tablets, and smartphones.

Espoo   11-50    

Delfoi Oy

Delfoi’s Industry 4.0 solutions allow companies to plan, execute and manage their manufacturing and delivery processes.

Espoo   11-50    

Pilvi Cloud Company

Pilvi is an online sales automation platform for SaaS companies and cloud service providers.

Espoo   43840    

Cozify

Cozify provides wireless system installation and maintenance services for home automation.

Espoo   43840    

Generic Intelligent Machines

Generic Intelligent Machines is the leading mobile robotics company in Finland.

Espoo   11-50    

Aplicom

Aplicom is a leading european vehicle telematics device manufacturer and provider of connected car service systems.

Espoo   11-50    

Hakema

Hakema is a platform that provides service-based businesses with reservation, marketing, rating, and consumer engagement services.

Espoo   43840    

Clausion

Clausion is a leading provider of financial consolidation and management accounting solutions.

Espoo   51-100    

SYNLAB Suomi

SYNLAB Suomi offers diagnostics healthcare services including magnetic resonance imaging and laboratory tests.

Espoo      

Finternet Group

Finternet is a company building new digital business model for media companies with innovative "consumer driven content" solutions

Espoo   43840    

Oriola KD Corporation

Oriola-KD has a solid position in consumer and services business in the pharmaceutical markets in Sweden, Finland and Baltic countries.

Espoo   5001-10000    

Holda Technologies

Holda is a software company specialising in software design,Production,Development & Testing.

Espoo   43840    

APE Payment

APE Payment is a solution to collect payments online quickly and cost-effectively.

Espoo   11-50    

Forethink

SaaS for eCommerce, offering UX Design solution and AI-based Personalization.

Espoo   43840    

Voyantic

Voyantic provides RFID testing and measurement solutions.

Espoo   11-50    

Kuusakoski Recycling

Kuusakoski Recycling provide environmentally responsible, data-protected and cost-efficient.

Espoo   1001-5000    

Exomi

Exomi is a renowned provider of wireless messaging and mobile data infrastructure solutions to mobile network operators.

Espoo   11-50    

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