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Business Finland Portfolio Companies

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

Last updated: July 2026

Business Finland Investment Overview

Portfolio Companies
191
Total Invested
$1.5B
Average Investment
$9.2M

Business Finland's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
Agate Sensors2025Seed$4.7MEspoo
Statzon2023Grant$268KHelsinki
Root Signals2024Seed$2.8MHelsinki
Distance Technologies2024Seed$11.2MHelsinki
TWICE COMMERCE ®2022Seed$3.8MHelsinki
Trustmary2021Seed$1.3MJyväskylä
Shoely2022Grant$50KSan Diego
Kide Science2022Convertible Note$1.0MHelsinki
Front AI2023Grant$275KHelsinki
Edudata.io2023Debt Financing$550KHelsinki

Complete List of Business Finland Portfolio Companies (191)

Export
#CompanyStageAmountLocation
1Agate SensorsSeed$4.7MEspoo, Finland
2StatzonGrant$268KHelsinki, Finland
3Root SignalsSeed$2.8MHelsinki, Finland
4Distance TechnologiesSeed$11.2MHelsinki, Finland
5TWICE COMMERCE ®Seed$3.8MHelsinki, Finland
6TrustmarySeed$1.3MJyväskylä, Finland
7ShoelyGrant$50KSan Diego, United States
8Kide ScienceConvertible Note$1.0MHelsinki, Finland
9Front AIGrant$275KHelsinki, Finland
10Edudata.ioDebt Financing$550KHelsinki, Finland
Machinery ManufacturingManufacturingSensor

Agate Sensors offers equipment manufacturers advanced sensors that detect, identify, and classify people, vital signs, objects, and more.

Espoo, Finland
September 2025
$4.7M
Seed

Founder Contacts

30,000+ verified contacts

Market ResearchSaaSSoftwareSubscription Service

Statzon is the only solution on the market to access market reports and insights from thousands of trusted sources with one subscription.

Helsinki, Finland
September 2023
$268K
Grant

Founder Contacts

30,000+ verified contacts

E-CommerceGenerative AITelecommunications

Root Signals control platform, teams deliver reliable, measurable and auditable LLM automations at scale.

Helsinki, Finland
September 2024
$2.8M
Seed

Founder Contacts

30,000+ verified contacts

AutomotiveInformation ServicesInformation Technology

Distance Technologies seeks to develop glasses-free XR applications.

Helsinki, Finland
September 2024
$11.2M
Seed

Founder Contacts

30,000+ verified contacts

E-CommerceE-Commerce PlatformsEnterprise Resource Planning (ERP)PaymentsRentalRetail TechnologySoftware

The Circular Commerce Platform

Helsinki, Finland
September 2022
$3.8M
Seed

Founder Contacts

30,000+ verified contacts

MarketingSaaSVideo

Trustmary helps companies gather feedback, measure NPS, get reviews and use social proof to improve conversion rates.

Jyväskylä, Finland
September 2021
$1.3M
Seed

Founder Contacts

30,000+ verified contacts

3D PrintingE-CommercePersonalizationShoesSporting Goods

Sheoly.com is your PERSONALISED online shoe store, making buying shoes online easy, accurate and enjoyable.

San Diego, United States
September 2022
$50K
Grant

Founder Contacts

30,000+ verified contacts

Child CareChildrenEdTechEducationEdutainmentE-LearningSTEM EducationTutoring

The most engaging model with a platform to give teachers the confidence to teach inquiry-based lessons with play and stories to children.

Helsinki, Finland
August 2022
$1.0M
Convertible Note

Founder Contacts

30,000+ verified contacts

Artificial Intelligence (AI)Customer ServiceInformation Technology

Front AI offers AI-driven customer service automation, optimizing workflows and enhancing experiences across channels.

Helsinki, Finland
August 2023
$275K
Grant

Founder Contacts

30,000+ verified contacts

EdTechEducationInformation TechnologyPrivacySoftware

Edudata.io is a Data Privacy App for Students and the GDPR DPIA service for Education.

Helsinki, Finland
August 2023
$550K
Debt Financing

Founder Contacts

30,000+ verified contacts

Power GridRenewable Energy

Liquid Sun is a new breed of green tech that converts CO2 into fossil-free fuels.

Tampere, Finland
August 2025
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

CrowdfundingFinancial ServicesFinTechInternet

A leading European fintech firm making participation in growth finance easy and fair for everyone.

Helsinki, Finland
July 2022
$2.0M
Convertible Note

Founder Contacts

30,000+ verified contacts

ChemicalHealth CarePharmaceuticalProduct Research

Rokote Laboratories is a finnish vaccine development company.

Helsinki, Finland
July 2021
$6.5M
Debt Financing

Founder Contacts

30,000+ verified contacts

Building MaterialConstructionMiningSustainability

Betolar is a materials technology company that transforms industrial sidestreams and waste materials into valuable products.

Kannonkoski, Finland
June 2026
$2.4M
Grant

Founder Contacts

30,000+ verified contacts

Health DiagnosticsMedical DeviceSaaS

Medical Enterprise SaaS

Helsinki, Finland
June 2025
$2.3M
Seed

Founder Contacts

30,000+ verified contacts

Console GamesGamingPC GamesSoftware

Makea Games is a game studio that offers user-generated content tools allowing players to make their own games.

Tampere, Finland
June 2023
Seed

Founder Contacts

30,000+ verified contacts

Chemical EngineeringIndustrialManufacturing

Coolbrook provides technology and engineering solutions to decarbonize industries like petrochemicals.

Helsinki, Finland
June 2026
$2.9M
Grant

Founder Contacts

30,000+ verified contacts

BiotechnologyMedicalPharmaceutical

Nanoform is a pioneering company driven by a passion for innovation and a commitment to solving our partners’ problems.

Helsinki, Finland
June 2025
$5.8M
Post-IPO Debt

Founder Contacts

30,000+ verified contacts

EducationHigher EducationUniversities

University of Eastern Finland is a multidisciplinary university which offers teaching in more than 100 major subjects.

Joensuu, Finland
June 2025
$3.2M
Grant

Founder Contacts

30,000+ verified contacts

BiotechnologyEnergyFood Processing

Solar Foods is a food technology company that develops Solein, an alternative to animal-derived proteins.

Helsinki, Finland
June 2026
Grant

Founder Contacts

30,000+ verified contacts

ManufacturingWood Processing

Fiberwood is a new eco-friendly wood fiber insulation that can be used for a variety of purposes and which has excellent insulation values.

Järvenpää, Finland
June 2025
$3.6M
Grant

Founder Contacts

30,000+ verified contacts

Charging InfrastructureElectric VehicleSoftware

EMabler is an EV charging infrastructure software company that develops an API-first platform to operate electric vehicle charging networks.

Helsinki, Finland
June 2026
Series A

Founder Contacts

30,000+ verified contacts

ManufacturingMining TechnologyPrecious MetalsRecycling

Data driven revenue-stage deep tech company, offering patented, cost-efficient and sustainable refining technologies for critical metals.

Helsinki, Finland
June 2025
$548K
Grant

Founder Contacts

30,000+ verified contacts

Public RelationsSoftware

World's First PR Network Platform

Helsinki, Finland
June 2023
$271K
Grant

Founder Contacts

30,000+ verified contacts

Artificial Intelligence (AI)Information TechnologyMachine Learning

Silo.AI is a private AI lab developing AI-driven services for smart devices, autonomous vehicles, and smart cities.

Helsinki, Finland
June 2022
Private Equity

Founder Contacts

30,000+ verified contacts

Showing 1-25 of 191 portfolio companies

Frequently Asked Questions About Business Finland

How many companies has Business Finland invested in?

Business Finland has invested in 191 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Business Finland invest in?

Business Finland's top investment sectors include Software, Manufacturing, Information Technology, SaaS, E-Commerce. The firm invests across 70 different industry categories.

What is Business Finland's largest investment?

Among tracked funding rounds, Distance Technologies received $11.2M in a Seed round. Business Finland's total known invested capital is $1.5B.

What is the average investment size for Business Finland?

Business Finland's average investment size is $9.2M across its portfolio of 191 companies.

What are Business Finland's most recent investments?

Recent Business Finland portfolio additions include Agate Sensors, Statzon, Root Signals, Distance Technologies, TWICE COMMERCE ®. These companies were founded in 2020 or later.

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