---
title: "18 Startup Investors in Finland (Nov 2026): Top 10 Ranked"
last_updated: "2026-11-09"
rows: "18"
free_rows: "10"
source: "Official registers and each organization's own website"
canonical: "https://theinvestordatabase.com/lists/investors-in-finland/"
---

# 18 startup investors in Finland

We list 18 startup investors in Finland as of November 2026: each was checked on its own website or an official register, and the list was last checked on 9 Nov 2026. The cities with the most head offices on this list are Helsinki (12), Espoo (1) and Oulu (1).

- 18 investors
- 9 with a fund filing or dated deal in the last 12 months
- 54 named decision-makers on file

## First 10 of 18 startup investors in Finland

| Investor | Type | HQ | Stages (our research) | Focus (our research) | Latest fund or deal | Fund size | Checked | Profile |
|---|---|---|---|---|---|---|---|---|
| Finnish Business Angels Network (FiBAN) | Angel network | Helsinki, Finland | Pre-seed, Seed | Generalist, Defense Tech | Portfolio news, Oct 2026 | €480M (own site) | 2026-11-07 | https://theinvestordatabase.com/investors/finnish-business-angels-network/ |
| Wave Ventures | VC firm | Helsinki, Finland | Pre-seed | Generalist, AI, Climate Tech | Portfolio news, Oct 2026 | €10M (own site) | 2026-11-07 | https://theinvestordatabase.com/investors/wave-ventures-oy/ |
| Maki.vc | VC firm | Helsinki, Finland | Pre-seed, Seed | AI, Deep Tech, Quantum, Fintech | Portfolio news, Feb 2026 | €260M (own site) | 2026-11-07 | https://theinvestordatabase.com/investors/maki-vc/ |
| Superhero Capital | VC firm | Finland | Pre-seed, Seed | Generalist, SaaS, AI | Portfolio news, Oct 2026 |  | 2026-11-07 | https://theinvestordatabase.com/investors/superhero-capital-oy/ |
| Innovestor Life Science & Health Fund | VC firm | Helsinki, Finland | Pre-seed, Seed, Series A | Healthtech, Biotech | New fund, Nov 2025 | €90M (own site) | 2026-11-07 | https://theinvestordatabase.com/investors/innovestor-life-science-oy/ |
| Vendep Capital | VC firm | Espoo, Finland | Pre-seed, Seed | SaaS, B2B, AI | New fund, Jun 2025 | €80M (own site) | 2026-11-07 | https://theinvestordatabase.com/investors/vendep-capital-oy/ |
| Failup Ventures | VC firm | Helsinki, Finland | Pre-seed, Seed | AI, Healthtech, Consumer, Energy | New fund, Jul 2026 |  | 2026-11-07 | https://theinvestordatabase.com/investors/failup-ventures-management-oy/ |
| Voland Partners | VC firm | Helsinki, Finland | Growth | SaaS, B2B, Deep Tech | New fund, Jun 2026 |  | 2026-11-07 | https://theinvestordatabase.com/investors/voland-partners-oy/ |
| Greencode Ventures | VC firm | Helsinki, Finland | Seed, Series A | Climate Tech, AI, Energy, Deep Tech | Investment listed in 2026 |  | 2026-11-07 | https://theinvestordatabase.com/investors/greencode-ventures-oy/ |
| Butterfly Ventures | VC firm | Oulu, Finland | Seed | Deep Tech, Energy, Healthtech, Hardware | Investment listed in 2026 |  | 2026-11-07 | https://theinvestordatabase.com/investors/butterfly-ventures-ltd/ |

You are seeing 10 of 18. The full list adds 8 more investors and 54 named decision-makers.

Get all 18 investors and 54 named contacts, $49, one-time: https://theinvestordatabase.com/buy/list/investors-in-finland
This page: https://theinvestordatabase.com/lists/investors-in-finland/

## Method and limits
- Source: No row on this list rests on an SEC filing. All 18 have a website we checked. Filing date and fund size are SEC data where a filing exists. Stage, sector and check size are our research.
- Inclusion rule: Organizations that back startups. Individuals, buyout funds and firms we found to be inactive are left out. Place: head office in Finland.
- Order: Activity score out of 100: recency of the latest fund filing or dated deal (50: full marks within 3 months, then stepping down at 6, 12 and 24 months), size of the fund on file on a log scale (35) and completeness of the public record (15). It is a measure of activity and fit, not of quality or returns.
- Fill rates: Of 18 rows: stage 18, sector 18, fund size 5, website 18. In the paid file: named decision-makers on 17 rows, firm email on 6, LinkedIn page on 12, check size on 7.

## Questions
### How many startup investors are in Finland?
We list 18 as of November 2026. 9 of the 18 have a fund filing or a dated deal in the last 12 months. By type: VC firm (15), Angel network (2) and Government or university fund (1).

### Which cities in Finland have the most investors?
Helsinki (12), Espoo (1) and Oulu (1).

### Which startup investors in Finland were active in the last 12 months?
None of the 18 has a fund filing dated in the last 12 months on file; 9 have other dated activity in that time (fund announcement and portfolio news), most recently Superhero Capital (portfolio news, Oct 2026), Finnish Business Angels Network (FiBAN) (portfolio news, Oct 2026) and Wave Ventures (portfolio news, Oct 2026).

### What stages do startup investors in Finland back?
Of the 18 with a stage on file, seed (14), pre-seed (11) and Series A (4). A firm can back more than one stage.

### Where does the data on startup investors in Finland come from and how often is it updated?
All 18 rows were checked on the firm's own website, with official registers and national venture capital association directories as the starting point. Filing date and fund size come from the filing. Stage, sector and check size are our research. Rows on this list were last checked on 9 Nov 2026 at the latest. The whole file is re-verified twice a year.

### Can I download the list of startup investors in Finland as a spreadsheet?
Yes. The file holds all 18 rows in Excel and CSV, with 54 named decision-makers and 6 firm emails, for $49 one-time. 10 rows are free on this page.

