AIBiotech & Life SciencesClimate & EnergyFood & AgricultureHardware & SemiconductorsRobotics & Automation
Voima Ventures is a Helsinki-based venture capital firm founded in 2019, focused on early-stage science-based and deep tech startups across the Nordics and Baltics. The firm bridges the gap between research and commercial success, backing companies in areas such as quantum, photonics, advanced materials, robotics, healthtech, life sciences, AI, and climate tech.
Deal activity decreased year-over-year (3 deals in the last 12 months vs 5 prior). Their most common stage is seed (50% of deals). Average disclosed round size is $9.9M (across 4 rounds with reported amounts).
Portfolio
31
Fund Size
$104M
Top Stage
Seed
Last 12 Mo
3
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
40 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| EEniferBio | Series A | — | Sep 2026 |
| RReduciner | Seed | — | May 2026 |
| GGosta Labs | Seed | — | Nov 2025 |
| FFarang | Seed | — | Aug 2025 |
| EEpigenica | Seed | $1.9M | Jun 2025 |
 StemSight | Seed | — | Feb 2025 |
 Avenue Biosciences | Seed | — | Jan 2025 |
 MVision | Pre-Seed | — | Jan 2025 |
 Aisti | Series A | — | Dec 2024 |
 Enifer | Series B | — | May 2024 |
 ArgusEye AB | Seed | — | May 2024 |
 Sooma | Growth | — | Jan 2024 |
| NNadmed | Series A | — | Jan 2024 |
| CCellfion | Seed | — | Jan 2024 |
| Aisti | Series A | $34M | Jan 2024 |
| StemSight | Unknown | — | Jan 2024 |
 Origin by Ocean | Seed | — | Apr 2023 |
| MVision | Unknown | — | Mar 2023 |
| MVision | Seed | — | Jan 2023 |
| EEniferBio | Series A | — | Jan 2023 |
 Liquid Sun | Seed | — | Jan 2023 |
 KUVA SPACE | Series A | — | Jan 2023 |
| Enifer | Series A | — | Jan 2023 |
| QQUANTROLOX FINLAND OY | Seed | — | Feb 2022 |
 QuantrolOx | Seed | $1.9M | Feb 2022 |
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Top Co-Investors
Kima Ventures10 shared
Nordic Foodtech VC7 shared
Business Finland7 shared
Icebreaker.vc5 shared
Tesi5 shared
Aqua-Spark4 shared
Almi Invest3 shared
Stephen Industries3 shared
Lifeline Ventures3 shared
2C Ventures2 shared
Hoxton Ventures2 shared
Nielsen Ventures2 shared
University of Helsinki2 shared
Maki.vc2 shared
private angel investors2 shared
Morrow Ventures1 shared
COR Group1 shared
Reaktor1 shared
Endeavor1 shared
Last updated: 20 October 2026