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    Business Finland

    Helsinki, FinlandFounded 2018

    Business Finland is a Finnish government organization that promotes exports, foreign investments, tourism, and provides innovation funding for Finnish companies. It was established on 1 January 2018 through the merger of Tekes and Finpro, and supports companies from the R&D stage through to international growth.

    Deal activity decreased year-over-year (4 deals in the last 12 months vs 6 prior). Average disclosed round size is $6.6M (across 29 rounds with reported amounts).

    Find people at Business Finland on Goldilocks AI

    Portfolio

    73

    Fund Size

    —

    Top Stage

    Seed

    Last 12 Mo

    4

    Team

    HK

    Hannu Kemppainen

    Executive Director, Insight and Finance

    HE

    Heidi Elvilä

    Executive Director, Talent, Legal and Administration

    JS

    Jenni Santalo

    Executive Director, Marketing, Communications and Digital Solutions

    LN

    Lassi Noponen

    Director General

    PE

    Paula Eerola

    Director General, Research Council of Finland

    RV

    Risto Vuohelainen

    Executive Director, Growth Services

    TL

    Teija Lahti-Nuuttila

    Executive Director, Director General's Office

    TR

    Teppo Rantanen

    Chair – Executive Director, City of Tampere

    OV

    Outi Vaarala

    Executive Vice President, Orion

    JH

    Juuso Heinilä

    CEO, Finnvera Oyj

    MW

    Maria Wasastjerna

    CEO, Kvanted

    TK

    Tiina Korhonen

    Vice-chair – Head of Department, Ministry for Ecomomic Affairs and Employment

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    85 investments
    CompanyRoundAmountDate
    eMabler logoeMablerUnknown—Sep 2026
    CurifyLabs logoCurifyLabsSeries A$14MJul 2026
    eMabler logoeMablerSeries A—Jun 2026
    Rotomate logoRotomatePre-Seed—Jun 2026
    AAudicinSeed$1.9MApr 2026
    CCornea SensePre-Seed—Jan 2026
    AIATELLA logoAIATELLASeed—Jun 2025
    VVolareUnknown—May 2025
    CurifyLabs logoCurifyLabsUnknown—May 2025
    StemSight logoStemSightSeed—Feb 2025
    Videobot Oy logoVideobot OyUnknown—Jan 2025
    Brightplus Oy logoBrightplus OySeries A—Jan 2025
    Warming Surfaces logoWarming SurfacesUnknown—Jan 2025
    CurifyLabs logoCurifyLabsUnknown$6.7MJan 2025
    NNorsepowerSeries C—Jan 2025
    TactoTek logoTactoTekBridge$23MJan 2025
    AIATELLA logoAIATELLAUnknown—Jan 2025
    Scorable logoScorableUnknown$2.8MSep 2024
    SScorable AIUnknown$2.8MSep 2024
    Jobilla logoJobillaUnknown$6.5MAug 2024
    Enifer logoEniferSeries B—May 2024
    HappySignals logoHappySignalsGrowth—Jan 2024
    Warming Surfaces logoWarming SurfacesUnknown—Jan 2024
    NNadmedSeries A—Jan 2024
    Onego Bio logoOnego BioSeries A$40MJan 2024
    Page 1 of 4

    Top Co-Investors

    Tesi8 shared
    Springvest5 shared
    Innovestor5 shared
    Reaktor4 shared
    Maki.vc4 shared
    Moveon Technologies3 shared
    GG13 shared

    Last updated: 7 October 2026