HR & TalentHealthcareFood & AgricultureMedia & EntertainmentBiotech & Life SciencesClimate & EnergySaaSManufacturingConsumerGamingMarketing & AdvertisingAI
Business Finland focuses on mobilizing private capital and fostering world-class research and development to drive sustainable economic growth in Finland. Its venture capital arm invests in privately managed funds that target early-stage Finnish SMEs in sectors like bio & circular economy, cleantech, health & wellbeing, ICT & digitalization, and travel, aiming to develop a robust venture capital market.
Their most common stage is seed (47% of deals). Average disclosed round size is $8.4M (across 15 rounds with reported amounts).
Portfolio
15
Fund Size
—
Top Stage
Seed
Last 12 Mo
3
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
15 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| AAudicin | Seed | $1.9M | Apr 2026 |
| AAgileday | Series A | $6.4M | Jan 2026 |
| CCurifyLabs | Unknown | $6.7M | May 2025 |
 StemSight | Seed | $2.3M | Feb 2025 |
| JJobilla | Unknown | $6.5M | Aug 2024 |
 Enifer | Series B | $36M | May 2024 |
| RResistomap | Seed | $2M | Nov 2023 |
 Fixably | Series A | $10M | Jun 2023 |
| FFiberwood | Unknown | $3M | Feb 2023 |
 Onego Bio | Seed | $4.5M | Sep 2022 |
| UUpsy Company | Seed | $1.2M | Apr 2022 |
 Surrogate.tv | Seed | $2.5M | Dec 2020 |
 Boksi.com | Seed | $1.4M | Dec 2020 |
| AAito | Pre-Seed | $1M | May 2019 |
| Onego Bio | Series A | $40M | — |
Top Co-Investors
Fellow1 shared
NordicNinja1 shared
Tesi1 shared
EIT Food1 shared
Agronomics1 shared
Maki.vc1 shared
468 Capital1 shared
Cusp Capital1 shared
Icebreaker.vc1 shared
Supernode Ventures1 shared
PROfounders1 shared
Brighteye Ventures1 shared
Newion1 shared
Specialist VC1 shared
Vendep Capital1 shared
Ananda Impact Ventures1 shared
Gaingels1 shared
Trind1 shared
Stephen Industries1 shared
Last updated: 16 April 2026