69 Finland Startups to Watch (and Work for) in 2023
The momentum in Europe's startup ecosystem is palpable, and Finland continues to play a role in this growth story. Last year, Finland startups showcased their mettle, attracting investment and generating interest across the globe.
Last year, startups in Finland raised $2 Billion in capital and so far this year, they've raised $420 Million, even though 2023 has seen slower investment activity globally. This is a testament to Europe (and Finland's) resilience.
As we get into the end of 2023, we've curated a list of the top Finland startups like One Click Lca, Carbo Culture and Phaver that are making waves. We update this list monthly by tracking 17,000 technology companies in Europe in our database and sort them dynamically using our Seedtable score, ensuring objectivity.
Changelog
Last update: December 7, 2023. Added companies, investors and rounds. See changelog .
Rankings are calculated using our Seedtable score – a 1 to 100 score that uses quantitative and qualitative data points (examples are money raised or employees over time) to signal the momentum behind a company. A score closer to 100 indicates a company worth watching closely.
Featured companies in Finland
Get access to the Seedtable database with +17,000 companies (451 from Finland)
79Featured
Construction decarbonisation platform.
-
Latest Funding
$44 Million · Series B
-
Employees
1 to 10
-
Investors
InfraVia Capital Partners, PSG Equity
-
Business Model
B2B, SAAS
-
Industries
Climate Tech & Green Tech, Data and Analytics
-
Locations
Helsinki
-
Contact
•••••@oneclicklca.com
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75Featured
Rapidly scalable biochar carbon removal solution.
-
Latest Funding
$18 Million · Series A
-
Employees
11 to 50
-
Investors
True Ventures, Tesi, Wave Ventures, GenZero, Cherry Ventures, Lifeline Ventures
-
Business Model
B2B
-
Industries
Climate Tech & Green Tech, Energy & Nuclear
-
Locations
Helsinki
-
Contact
•••••@carboculture.com
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64Featured
Web3 social app on Lens Protocol
-
Latest Funding
$7 Million · Seed
-
Employees
11 to 50
-
Investors
Polygon, dao5, Nomad Capital, Superhero Capital
-
Business Model
B2C
-
Industries
Crypto & web3, Mobile, Consumer Social, Sales and Marketing, Ecommerce
-
Locations
Helsinki
-
Contact
•••••@phaver.com
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List of 69 top tech companies in Finland
Get access to the Seedtable database with +15k companies (451 from Finland) 64Web3 social app on Lens Protocol
-
Latest Funding
$7 Million · Seed
-
Industries
Crypto & web3, Mobile, Consumer Social, Sales and Marketing, Ecommerce
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2C
-
Investors
Superhero Capital, dao5, Nomad Capital, Polygon
-
Contact
•••••@phaver.com
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59Rive is building the world’s most accurate AI-powered real estate platform to make buying and selling homes fast and simple.
-
Latest Funding
$24 Million
-
Industries
AI, Proptech & Real Estate
-
Locations
Helsinki
-
Employees
251 to 500
-
Investors
IDC Ventures
-
Contact
•••••@rivehomes.com
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59Behavioral analytics platform.
-
Latest Funding
$16 Million · Series C
-
Industries
Sales and Marketing, Business Intelligence
-
Locations
Helsinki
-
Employees
51 to 100
-
Business Model
SAAS, B2B
-
Investors
EQT Ventures, OpenOcean, Conor Venture Partners, Tesi
-
Contact
•••••@vertoanalytics.com
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59Antibiotic resistance monitoring platform.
-
Latest Funding
$2.2 Million · Seed
-
Industries
Health Tech, Biotech
-
Locations
Helsinki
-
Employees
1 to 10
-
Investors
Gaingels, Ananda Impact Ventures, Business Finland
-
Contact
•••••@resistomap.com
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56ICEYE operates a synthetic-aperture radar satellite constellation designed to deliver monitoring capabilities for any location on earth.
-
Latest Funding
$140 Million · Series D
-
Industries
Hardware, Space Tech, Manufacturing
-
Locations
Espoo
-
Employees
251 to 500
-
Business Model
B2B
-
Investors
Molten Ventures, True Ventures
-
Contact
•••••@iceye.com
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56Paptic is manufacturing company.
-
Latest Funding
$25 Million · Series A
-
Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing, Supply Chain & Logistics
-
Locations
Espoo
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
European Circular Bioeconomy Fund (ECBF), Ecolab
-
Contact
•••••@paptic.com
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56Smarter data for a stronger planet
-
Latest Funding
$18 Million · Series A
-
Industries
Agritech, Data and Analytics, Energy & Nuclear, Business Intelligence
-
Locations
Espoo
-
Employees
1 to 10
-
Business Model
B2B, SAAS
-
Investors
Springvest, VTT Ventures, Nordic Foodtech VC, Voima Ventures
-
Contact
•••••@kuvaspace.com
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56Developer of process to clean hydrogen and solid carbon using thermo-catalytic decomposition of methane (TCD).
-
Latest Funding
$28 Million · Series B
-
Industries
Climate Tech & Green Tech, Energy & Nuclear
-
Locations
Oulu
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Holdix Oy Ab, Finnish Climate Fund, Sojitz
-
Contact
•••••@hycamite.com
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54Free-to-play gaming platform.
-
Latest Funding
$19 Million
-
Industries
Gaming, Video
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2C, SAAS
-
Investors
Play Ventures
-
Contact
•••••@redhillgames.com
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54AI that thinks like a patent professional.
-
Latest Funding
$11 Million · Series A
-
Industries
AI, Legal Tech
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Endeit Capital
-
Contact
•••••@iprally.com
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54On-demand air services.
-
Latest Funding
$3.9 Million · Seed
-
Industries
Travel Tech, Mobility & Transportation
-
Locations
Helsinki
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
Superhero Capital
-
Contact
•••••@lygg.com
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54Marketing tool for businessess.
-
Latest Funding
$47 Million · Series B
-
Industries
Data and Analytics, Sales and Marketing, Business Intelligence, Enterprise Software
-
Locations
Helsinki
-
Employees
101 to 250
-
Business Model
B2B, SAAS
-
Investors
Highland Europe, OpenOcean
-
Contact
•••••@supermetrics.com
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54All-in-one digital workplace platform.
-
Latest Funding
$26 Million · Series B
-
Industries
Business Intelligence, Creative Tools
-
Locations
Helsinki
-
Employees
101 to 250
-
Business Model
B2B, SAAS
-
Investors
Inkef Capital, DN Capital, Evli Growth Partners, Endeit Capital, Vendep Capital, Maki.vc
-
Contact
•••••@happeo.com
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54Cancer immunotherapy researcher.
-
Latest Funding
$11 Million · Series A
-
Industries
Health Tech, Biotech
-
Locations
Helsinki
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
Horizon 2020, EIC Accelerator, Lifeline Ventures
-
Contact
•••••@tiltbio.com
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54Ecommerce group that acquires, operates and scales SME brands.
-
Latest Funding
$14 Million · Series A
-
Industries
Ecommerce
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Icebreaker
-
Contact
•••••@e-brands.co
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54Quantification model to measure the net impact of companies and funds.
-
Latest Funding
$5.3 Million · Seed
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Planet A Ventures, First Fellow Partners
-
Contact
•••••@uprightproject.com
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54OS for technicians and repair shops.
-
Latest Funding
$10 Million · Seed
-
Industries
Data and Analytics, Creative Tools
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2B, MARKETPLACE, SAAS
-
Investors
Icebreaker, 468 Capital, TEV Ventures
-
Contact
•••••@fixably.com
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51Cross-platform action RPGs.
-
Latest Funding
$5.3 Million · Seed
-
Industries
Gaming, AI
-
Locations
Oulu
-
Employees
11 to 50
-
Business Model
B2C
-
Investors
Bitkraft Ventures, Delphi Ventures
-
Contact
•••••@spectarium.games
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51Algorithms to solve currently inaccessible problems in life sciences.
-
Latest Funding
$15 Million · Series A
-
Industries
Biotech, Deep Tech
-
Locations
Turku
-
Employees
1 to 10
-
Business Model
B2B, SAAS
-
Investors
Inventure
-
Contact
•••••@algorithmiq.fi
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51SpinDrive creates customized levitation technology pushing energy efficiency to the maximum level and promoting oil-free solutions.
-
Latest Funding
$4.1 Million · Series A
-
Industries
Climate Tech & Green Tech, Hardware, Energy & Nuclear, Manufacturing
-
Locations
Lappeenranta
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
Born2Grow, Rhapsody Venture Partners, Innovestor Ventures
-
Contact
•••••@spindrive.fi
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50Starcart is an online store that offers a wide range of products and allows the customers to compare its prices.
-
Latest Funding
$3.3 Million · Seed
-
Industries
Ecommerce
-
Locations
Helsinki
- Employees
-
Business Model
B2B, B2C, MARKETPLACE
-
Investors
Inventure
-
Contact
•••••@starcart.com
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50Marketplace for refurbished smartphones.
-
Latest Funding
$120 Million
-
Industries
Hardware, Ecommerce
-
Locations
Helsinki
-
Employees
101 to 250
-
Business Model
B2C, MARKETPLACE
-
Investors
Inventure, Lifeline Ventures
-
Contact
•••••@swappie.com
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50Digital asset management platform.
-
Latest Funding
$78 Million
-
Industries
Fintech, Crypto & web3, Energy & Nuclear
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2B, B2C, MARKETPLACE
-
Investors
Balderton Capital, Lowercarbon Capital, Accel, Creandum, Lakestar, Coinbase Ventures, Ribbit Capital, BoxGroup, Concentric, Taaleri, Icebreaker
-
Contact
•••••@tesseractinvestment.com
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50Online food delivery platform.
-
Latest Funding
$530 Million · Series E
-
Industries
Foodtech, Mobile, Ecommerce
-
Locations
Helsinki
-
Employees
1001 to 5000
-
Business Model
B2C, MARKETPLACE
-
Investors
83North, Highland Europe, EQT Ventures, Inventure, Goldman Sachs, Lifeline Ventures
-
Contact
•••••@wolt.com
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50Green hydrogen producer.
-
Latest Funding
$43 Million
-
Industries
Energy & Nuclear, Manufacturing
-
Locations
Helsinki
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
Lifeline Ventures
-
Contact
•••••@p2x.fi
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50Testing and certifications platform for any material, product or chemical.
-
Latest Funding
$2.7 Million · Seed
-
Industries
Biotech, Pharma
-
Locations
Helsinki
-
Employees
11 to 50
-
Investors
VentureFriends, Lifeline Ventures
-
Contact
•••••@measurlabs.com
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50Gaming advertising platform.
-
Latest Funding
$4 Million · Seed
-
Industries
Gaming, Adtech
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
SAAS
-
Investors
Change Ventures, Techstars, Ludus
-
Contact
•••••@themonetizr.com
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50Web3 gaming developer.
-
Latest Funding
$700 Thousand · Seed
-
Industries
Crypto & web3, Gaming
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2C
-
Investors
Goldman Startups
-
Contact
•••••@lasmeta.io
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50Anti-cancer drugs ddevelopers activating protein phosphatase 2A (PP2A)
-
Latest Funding
$11 Million · Series A
-
Industries
Health Tech, Biotech, Pharma
-
Locations
Helsinki
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
Novo A/S, Novartis Venture Fund
-
Contact
•••••@rappta-therapeutics.com
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50Sales lead generation platform for B2B companies.
-
Latest Funding
$240 Million
-
Industries
Adtech, Sales and Marketing
-
Locations
Helsinki
-
Employees
101 to 250
-
Business Model
B2B, SAAS
-
Investors
Endeit Capital, Vendep Capital, Superhero Capital
-
Contact
•••••@leadfeeder.com
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50Cloud-based game dvelopers.
-
Latest Funding
$23 Million
-
Industries
Gaming
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2C, SAAS
-
Investors
A16Z, Play Ventures, Maki.vc, Sisu Game Ventures
-
Contact
•••••@themainframe.com
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50Digital payments platform.
-
Latest Funding
$28 Million
-
Industries
Fintech, Mobile, Payments, Lending
-
Locations
Helsinki
-
Employees
101 to 250
-
Business Model
B2B, SAAS
-
Investors
Fortress Investment Group, Finstar Financial Group
-
Contact
•••••@mash.com
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50Cloud-based open source data platform.
-
Latest Funding
$60 Million · Series C
-
Industries
Open Source, Cloud
-
Locations
Helsinki
-
Employees
251 to 500
-
Business Model
SAAS
-
Investors
Atomico, Eurazeo, Earlybird Venture Capital, Lifeline Ventures, First Fellow Partners
-
Contact
•••••@aiven.io
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50Figma for data teams.
-
Latest Funding
$2.7 Million · Seed
-
Industries
Data and Analytics, Business Intelligence
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
SAAS
-
Investors
Newion, Crowberry Capital
-
Contact
•••••@ellie.ai
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50Creating sales and marketing solutions for the construction & real-estate industry.
-
Latest Funding
$2.1 Million · Seed
-
Industries
Proptech & Real Estate, Sales and Marketing
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Lifeline Ventures
-
Contact
•••••@metroc.ai
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50Hame developers.
-
Latest Funding
$5.3 Million · Seed
-
Industries
Gaming, Video
-
Locations
Helsinki
-
Employees
1 to 10
-
Business Model
B2C
-
Investors
Index Ventures
-
Contact
•••••@bit-odd.com
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46Manufacturer of wireless hardware products engineered for integration into Internet of Things (IoT) systems.
-
Latest Funding
$5.9 Million · Series A
-
Industries
Manufacturing, Internet of Things
-
Locations
Tampere
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Ventech
-
Contact
•••••@treon.fi
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46API-first card issuing and payment processing platform.
-
Latest Funding
$9.3 Million · Angel
-
Industries
Fintech, Payments
-
Locations
Espoo
-
Employees
101 to 250
-
Business Model
B2B, SAAS
-
Investors
Tencent, Vitruvian Partners, Visa, LähiTapiola, Nordea, Maki.vc, Finnvera Venture Capital
-
Contact
•••••@enfuce.com
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46Passivation Technology licensing for III-V compound semiconductors.
-
Latest Funding
$8.7 Million · Series A
-
Industries
Semiconductor, Quantum Computing
-
Locations
Turku
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
EIC Accelerator, LIFTT
-
Contact
•••••@comptek-solutions.com
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46Meeting and event venues booking platform.
-
Latest Funding
$4.6 Million · Series A
-
Industries
Travel Tech, Future of Work
-
Locations
Espoo
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Falkensteiner Ventures, Takeoff Partners, Scale Capital
-
Contact
•••••@meetingpackage.com
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46SpaceMaker offers a modular software solution, based on per-box consumer logistics and storage needs.
-
Latest Funding
$25 Million
-
Industries
Proptech & Real Estate, Supply Chain & Logistics
-
Locations
Espoo
-
Employees
1 to 10
-
Business Model
B2B, SAAS
-
Investors
Northzone, Atomico
-
Contact
•••••@spacemakercorp.com
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43AI-powered knowledge management platform.
-
Latest Funding
$340 Thousand · Pre Seed
-
Industries
AI, Productivity Tools
-
Locations
Helsinki
-
Employees
1 to 10
-
Business Model
B2B, SAAS
-
Investors
Sofokus, Trind Ventures, Accelerace
-
Contact
•••••@wudpecker.io
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43Heating systems for large properties.
-
Latest Funding
$1.6 Million · Seed
-
Industries
Proptech & Real Estate, Energy & Nuclear
-
Locations
Helsinki
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
Kiilto Ventures
-
Contact
•••••@voltanenergy.com
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43Renewable energy producer.
-
Latest Funding
$240 Million
-
Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
-
Locations
Helsinki
-
Employees
51 to 100
-
Business Model
B2B
-
Contact
•••••@ilmatar.fi
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43DNA library to speed up the identification of antibiotic resistance.
-
Latest Funding
$1.1 Million · Seed
-
Industries
Biotech, Deep Tech
-
Locations
Helsinki
-
Employees
1 to 10
-
Investors
Lifeline Ventures
-
Contact
•••••@solu.bio
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43Music learning online platform.
-
Latest Funding
$28 Million · Series B
-
Industries
Edtech, Media and Entertainement
-
Locations
Helsinki
-
Employees
101 to 250
-
Business Model
B2C, SAAS
-
Investors
True Ventures
-
Contact
•••••@yousician.com
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43Power converter technology.
-
Latest Funding
$3.8 Million · Seed
-
Industries
Energy & Nuclear
-
Locations
Helsinki
-
Employees
11 to 50
-
Investors
Lifeline Ventures
-
Contact
•••••@vensum.com
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43Cloud servers platform.
-
Latest Funding
$12 Million
-
Industries
Developer Tools, Cloud
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
SAAS, B2B
-
Investors
Inventure, Connected Capital & Partners
-
Contact
•••••@upcloud.com
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43Climate action planning platform for cities and governments.
-
Latest Funding
$930 Thousand · Seed
-
Industries
Climate Tech & Green Tech
-
Locations
Helsinki
-
Employees
1 to 10
-
Business Model
B2B, SAAS
-
Investors
Zubi Capital, Innovestor Ventures
-
Contact
•••••@kausal.tech
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43Varjo makes advanced VR/XR hardware and software for industrial use, paving the way for a true-to-life metaverse.
-
Latest Funding
$40 Million · Series D
-
Industries
Hardware, AR / VR, Manufacturing
-
Locations
Helsinki
-
Employees
101 to 250
-
Business Model
B2B
-
Investors
EQT Ventures, Atomico, NordicNinja VC, Lifeline Ventures
-
Contact
•••••@varjo.com
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42Dispelix simply removes the challenges that the product designers have been trying to hide for years.
-
Latest Funding
$33 Million · Series B
-
Industries
Hardware, CPG & Consumer Goods, AR / VR, Manufacturing, Creative Tools, Wearables
-
Locations
Espoo
-
Employees
11 to 50
-
Business Model
B2B, B2C
-
Investors
Lifeline Ventures, Atlantic Bridge, VTT Ventures
-
Contact
•••••@dispelix.com
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42Upcycled mycoprotein powder producer.
-
Latest Funding
$12 Million · Series A
-
Industries
Health Tech, Agritech, Foodtech, Biotech, Deep Tech, Manufacturing
-
Locations
Espoo
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
Aqua Spark, Nordic Foodtech VC, Voima Ventures
-
Contact
•••••@eniferbio.fi
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40Metaverse creation platform for developers.
-
Latest Funding
$40 Million
-
Industries
Gaming, Creative Tools
-
Locations
Helsinki
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Contact
•••••@yahaha.com
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40Mechanical sails for large ships.
-
Latest Funding
$30 Million · Series C
-
Industries
Mobility & Transportation
-
Locations
Helsinki
-
Employees
1 to 10
-
Contact
•••••@norsepower.com
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39Biodegradable plastic producer.
-
Latest Funding
$17 Million
-
Industries
Climate Tech & Green Tech, Manufacturing, Supply Chain & Logistics
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Bonnier Ventures, Lifeline Ventures, Valve Ventures, Business Finland
-
Contact
•••••@sulapac.com
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39Amplify transfer pricing with analytics and automation - gain 100% control over your global and local transfer pricing processes
-
Latest Funding
$14 Million · Series A
-
Industries
Data and Analytics, Business Intelligence
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Global Founders Capital (GFC), Icebreaker
-
Contact
•••••@aibidia.com
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39App review management platform.
-
Latest Funding
$5 Million · Series A
-
Industries
Mobile, Data and Analytics, Business Intelligence
-
Locations
Helsinki
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Investors
RTP Global, Nauta Capital, Vendep Capital, SmartHub, Internet Initiatives Development Fund
-
Contact
•••••@appfollow.io
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39Patient care management platform for hospitals.
-
Latest Funding
$2.4 Million · Seed
-
Industries
Health Tech, Service Industry
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Nidoco, StartUp Health
-
Contact
•••••@buddyhealthcare.com
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39Employee experience management platform for companies.
-
Latest Funding
$5.5 Million · Series A
-
Industries
Data and Analytics, Productivity Tools
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Nauta Capital, Vendep Capital
-
Contact
•••••@happysignals.com
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39AI-based writing tool.
-
Latest Funding
$4.4 Million · Seed
-
Industries
AI, Business Intelligence, Productivity Tools
-
Locations
Helsinki
-
Employees
11 to 50
-
Business Model
SAAS, B2C
-
Investors
Seedcamp, Moonfire Ventures, Project A Ventures, Lifeline Ventures
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Contact
•••••@flowrite.com
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39Building information modeling (BIM) platform for residential and commercial developers.
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Latest Funding
$2.4 Million
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Industries
AR / VR, Proptech & Real Estate
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Locations
Helsinki
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Employees
11 to 50
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Business Model
B2B, SAAS, B2C
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Investors
Vendep Capital
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Contact
•••••@gbuilder.com
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39One-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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39Ultrasonic 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
Lifeline Ventures, Maki.vc, Business Finland
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Contact
•••••@altumtechnologies.com
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39Mobal.io helps your business by managing and optimizing your Google My Business -profile.
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Latest Funding
$2.3 Million · Seed
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Industries
Adtech, Media and Entertainement, Sales and Marketing, Business Intelligence
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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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Investors
Lifeline Ventures
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Contact
•••••@mobal.io
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39Howspace is a digital facilitation platform that helps you deliver organizational change initiatives, learning programs, and workshops.
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Latest Funding
$15 Million · Series A
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Industries
Edtech
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Locations
Helsinki
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Inventure, Forestay Capital
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Contact
•••••@howspace.com
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39Green walls designer.
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Latest Funding
$8 Million
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Industries
Health Tech
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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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Investors
EIC Accelerator, Nidoco, Delos, Halton
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Contact
•••••@naava.io
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