Complete List of Funded Finland Startups in 2026: Latest Funding Announcements & Data

📅 Last Updated: January 11, 2026 | New Finland startups added weekly

Looking for recently funded Finland startups? You’re in the right place. Finland startups continue to punch above their weight in the global innovation economy, with the nation’s tech sector now valued at over €30 billion. Finland startups raised a strong €1.2 billion in 2024, cementing the country’s position as a Nordic innovation powerhouse.

Our team tracks Finland startup funding announcements every week, maintaining the most comprehensive database of verified contacts, funding details, and company intelligence. Below, you’ll find 100 recently funded Finland startups with actionable data you can use today.

👉 Jump to the List of 100 Funded Finland Startups

Quick Stats: Finnish Startup Funding in 2025

• 📍 Major hubs: Helsinki, Espoo, Tampere, Oulu
• 💰 Total funding 2024: €1.2 billion across 180+ deals
• 🏢 Finland Startups tracked: 326 companies in our database
• 📈 Growth rate: 42% increase year-over-year
• 🎯 Top sectors: Gaming (32%), CleanTech (26%), SaaS (18%), Quantum Computing (12%)

Why Finland Startups Lead Global Innovation

Finland startups have rapidly emerged as leaders in the Nordic region’s most dynamic tech ecosystem. Despite a population of just 5.5 million, Finland consistently ranks among the world’s top 10 most innovative countries according to the Global Innovation Index. The nation’s tech sector now employs over 158,000 people and contributes approximately €30 billion annually to the Finnish economy.

Several factors drive the exceptional momentum for Finland startups:

• World-Class Education System: Finland’s education system consistently ranks #1 globally, producing highly skilled tech talent with strong problem-solving capabilities that fuel Finland startups
• Strong Government Support: Business Finland provides extensive funding, grants, and international expansion support, investing over €600 million annually in innovation
• Gaming Heritage: Success stories like Supercell (acquired by Tencent), Rovio (Angry Birds), and Remedy Entertainment have created a vibrant gaming ecosystem that continues to spawn new Finland startups
• Research Excellence: Finnish universities like Aalto University and University of Helsinki rank among Europe’s top research institutions, particularly in quantum computing, AI, and materials science
• Startup-Friendly Culture: High English proficiency, transparent business environment, and strong rule of law make Finland attractive for international founders and investors in Finland startups
• Nordic Collaboration: Finland startups benefit from close ties to Swedish, Norwegian, and Danish markets, creating natural pathways for regional expansion

According to the Finnish Startup Community, the ecosystem has produced 8 unicorns (companies valued over $1 billion) including IQM Quantum Computers, Wolt (acquired by DoorDash for €7 billion), and Supercell (valued at $10.2 billion).

Recently Funded Startups in Finland

Below is our curated database of the 100 most recently funded Finnish startups. This data is updated weekly and sourced from Crunchbase, Finnish Trade Register, and direct company announcements from Finland startups.

Startups in Finland at a Glance

• Number of Finnish startups in our database: 386
• Number of verified email addresses in our database: 522
• Number of social profiles in our database: 1,014
• Other data points stored: 5,412
• Total funding raised in 2025: $1,047,342,455
  • Seed: $93,142,099
  • Series A: $156,056,062
  • Series B: $20,166,827
  • Series C: $30,298,439
  • Other funding*: $202,284,273
• Total funding raised in 2026: $931,000

*Other funding includes private equity, debt financing, and various other types of capital.

Industry	% of Total Funding	Notable Rounds
Quantum Computing	36%	IQM $320M Series B
Gaming & Entertainment	32%	Various seed rounds
CleanTech & Energy	26%	Multiple growth stages
Cloud Computing & SaaS	18%	DataCrunch $64M Series A
Other	18%	Various stages

Top Industries for Finland Startups

Gaming & Entertainment

Finland startups have established the country as a global gaming powerhouse, punching well above its weight with a population of just 5.5 million. Gaming startups in Finland represent 32% of the ecosystem’s total funding, with over 200 gaming companies generating €2.5 billion in annual revenue.

The Finnish gaming industry benefits from a rich heritage starting with Rovio (Angry Birds, founded 2003) and Supercell (Clash of Clans, founded 2010). These success stories created a powerful network effect, with experienced gaming entrepreneurs reinvesting capital and mentorship into new Finland startups. Notable companies include Remedy Entertainment (Control, Alan Wake), Housemarque (Returnal), and emerging mobile gaming studios like Small Giant Games.

The sector has unique strengths in mobile-first gaming, free-to-play monetization models, and live operations. Neogames Finland, the industry association, reports that 98% of Finnish gaming companies export their products globally, with strong presence in Asian and North American markets.

Quantum Computing & DeepTech

Finland startups are at the forefront of quantum computing innovation, with IQM Quantum Computers leading Europe’s quantum revolution after raising $320 million in Series B funding. Finland’s quantum ecosystem benefits from decades of research excellence at VTT Technical Research Centre and Aalto University.

Beyond quantum computing, Finland startups excel in other deeptech sectors including photonics (Luxvision), advanced materials (Nanomaterials Group), and robotics (Zenrobotics). The Finnish Quantum Institute coordinates research efforts across institutions, while Business Finland provides substantial R&D grants for commercialization.

Companies like Quanscient (quantum simulation software) and SemiQon (quantum processors) demonstrate the breadth of Finland’s quantum capabilities. The sector received over €300 million in funding during 2024, positioning Finland startups as key players in the global quantum race.

CleanTech & Sustainability

With strong environmental consciousness and abundant natural resources, CleanTech startups in Finland attracted €280 million in 2024 funding. The sector spans renewable energy (Steady Energy, Halide Energy), carbon capture (Puro.earth), sustainable materials (KÄÄPÄ Biotech), and circular economy solutions.

Finland startups benefit from the country’s commitment to carbon neutrality by 2035, creating both regulatory pull and market demand for climate solutions. The government’s CleanTech Finland program provides grants, pilot project support, and international market access.

Notable Finland startups include Solar Foods (food from air and electricity), Foreca (weather intelligence for renewable energy), and Nordic Nano Group (nanotechnology for clean energy). The sector’s strength reflects Finland’s broader environmental leadership and strong forestry/materials science expertise.

Cloud Computing & SaaS

Cloud computing and SaaS startups in Finland raised €160 million in 2024, with companies like DataCrunch.io ($64 million Series A), Swarmia ($11.5 million Series A), and Inven ($12.6 million Series A) leading growth.

Finland startups in this sector typically focus on B2B solutions for specific verticals including developer tools (Swarmia for engineering analytics), cloud infrastructure (DataCrunch for GPU cloud computing), and enterprise software (RELEX Solutions for supply chain optimization). The sector benefits from strong engineering talent and English language proficiency enabling global market access.

The rise of AI has created particular opportunities for Finland startups providing cloud infrastructure for AI training and inference, with DataCrunch.io emerging as a European challenger to US cloud providers.

Explore More Funded Startups by Industry

Looking for startups in other sectors? Check out our comprehensive lists:

• Artificial Intelligence Startups – AI and machine learning companies
• HealthTech Startups – Digital health innovators
• FinTech Startups – Financial technology companies
• Aerospace Startups – Space and aviation technology (ICEYE, ReOrbit)
• Biotechnology Startups – Biotech innovations
• Recently Funded Startups – Latest funding announcements across all industries

Finland Startup Hubs: City-by-City Breakdown

Helsinki-Espoo: Finland’s Innovation Capital

The Helsinki metropolitan area (including Espoo, Vantaa, and Kauniainen) dominates the Finnish startup landscape, accounting for approximately 75% of all venture capital investment in Finland startups. The region benefits from concentration of talent, capital, and international connections.

Key innovation districts include Maria 01 (Europe’s largest startup campus), Otaniemi (Aalto University campus in Espoo, home to deeptech startups), and Kalasatama (emerging AI and cleantech hub). Major companies headquartered in Helsinki-Espoo include Supercell, Wolt (acquired by DoorDash), Oura (wearables), ICEYE (satellite imaging), and IQM Quantum Computers.

The region benefits from excellent quality of life, functioning public infrastructure, and strong international schools making it attractive for foreign talent. Helsinki Business Hub provides relocation services and soft-landing programs for international founders establishing Finland startups.

Tampere: Manufacturing & Hardware Hub

Tampere has emerged as Finland’s second-largest startup ecosystem, known for strength in manufacturing technology, hardware startups, and gaming. The city raised approximately €150 million across 30+ deals in 2024, representing 15% of national startup funding.

Tampere’s advantages include lower cost of living compared to Helsinki, strong industrial heritage (Nokia’s historical home), and Tampere University producing excellent engineering talent. The city is particularly strong in hardware-enabled startups, automation technology, and B2B software for industrial applications.

Notable Tampere startups include Bitmagic (gaming), Novatron (robotics), and various manufacturing technology companies. Business Tampere coordinates ecosystem development and provides services for growing companies.

Oulu: Wireless Technology Center

Oulu, located in northern Finland, has built a specialized ecosystem around wireless technology, 5G/6G communications, and IoT, leveraging decades of Nokia R&D presence. The city accounts for approximately 8% of Finland startups funding, with particular strength in deeptech and hardware.

The University of Oulu maintains world-class wireless research programs, while BusinessOulu provides accelerator programs, venture funding, and international expansion support. Notable companies include Varjo (VR/AR hardware) and various IoT startups.

Oulu demonstrates how smaller cities can build sustainable startup ecosystems by focusing on specific technical domains where they have competitive advantages.

Finnish Startup Funding Trends

Early-Stage Investment

Finland startups raised significant early-stage funding in 2024, with seed rounds totaling $93 million across 80+ deals. The median seed round size increased to €1.8 million, up from €1.3 million in 2023, reflecting stronger investor appetite for pre-product and early-traction companies.

Notable seed rounds include Gosta Labs ($8.7M for AI healthcare), Bahn Express ($5.9M for logistics), and CurifyLabs ($7.6M for healthcare innovation). The strong seed activity reflects healthy ecosystem foundations with new company formation accelerating.

Active seed investors include Lifeline Ventures, Inventure, and Superhero Capital, along with angel networks like Finnish Business Angels Network (FiBAN).

Growth Capital & Late-Stage Rounds

Series A and later-stage funding in Finland totaled over $400 million in 2024, demonstrating ecosystem maturity. Major rounds included IQM Quantum Computers ($320M Series B), DataCrunch.io ($64M Series A), and ReOrbit ($52.7M Series A).

Finland startups at growth stages typically attract international investors, with US and Asian VCs increasingly participating in Nordic rounds. This international capital is essential for scaling companies beyond the small domestic market of 5.5 million people.

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Government Support & Incentives

The Finnish government provides extensive support for startups through multiple programs:

• Business Finland: Provides grants, loans, and venture capital funding totaling over €600 million annually for innovation and internationalization
• R&D Tax Incentive: Companies can deduct 150% of eligible R&D costs from taxable income, effectively providing substantial cash benefits
• Finnish Industry Investment: Government-backed fund of funds that invests in venture capital funds targeting Finnish startups
• Team Finland: Coordinates government support for international expansion including market intelligence, business matchmaking, and soft-landing services
• Vigo Program: Accelerator operated by Business Finland providing funding and mentorship for early-stage deeptech startups

Regional development agencies like Helsinki Business Hub and Business Tampere provide additional location-specific support for Finland startups.

2025 Finnish Startup Innovation Trends

The Finland startup landscape in 2025 is being reshaped by several key technology trends and market forces:

Quantum Computing Commercialization: IQM Quantum Computers’ massive $320M Series B signals quantum moving from research to commercial applications. Finland startups are building quantum software, algorithms, and industry-specific applications leveraging Finland’s quantum hardware leadership.

Sustainable Technology Integration: Every sector of Finland startups is integrating sustainability, from gaming companies reducing server energy consumption to manufacturing startups enabling circular economy business models. This reflects both Finnish cultural values and investor demand for climate-positive solutions.

AI for Nordic Industries: Finland startups are developing AI solutions specifically optimized for Nordic industries including forestry, mining, cold climate agriculture, and marine operations. This vertical specialization creates defensible competitive advantages in global markets.

Space Technology: Building on ICEYE’s success in satellite imaging, a new generation of Finland startups is emerging in space technology including ReOrbit (satellite services), ICEYE (SAR imaging), and various space data analytics companies. Finland’s northern location provides advantages for satellite operations and testing.

2025 Market Insights for Finland Startups

• 42% increase in total venture capital investment year-over-year
• Average seed round size: €1.8 million (up from €1.3 million in 2023)
• 38% of funded startups have international co-founders
• Female-founded startups raised 16% of total capital (up from 11% in 2023)
• Quantum computing sector captured 36% of all Series B+ funding
• Gaming continues as largest sector by company count with 200+ active studios

How Finland Compares to Global Startup Ecosystems

Finland vs. Sweden

While Sweden startups raised significantly more total capital (€3.8 billion vs. Finland’s €1.2 billion in 2024), Finland demonstrates higher capital efficiency with more unicorns per capita. Sweden has advantages in larger domestic market (10.5M vs 5.5M population), stronger VC infrastructure, and Stockholm’s position as the Nordic financial center.

However, Finland startups show particular strength in gaming (stronger than Sweden), quantum computing (IQM vs no Swedish equivalent), and certain deeptech sectors. Both ecosystems benefit from strong education, English proficiency, and Nordic business culture. Many successful companies maintain operations in both countries.

Finland vs. Estonia

Estonia startups raised €450 million in 2024, with particular strength in B2B SaaS and fintech. The Estonian startup ecosystem benefits from the e-Residency program, crypto-friendly regulations, and lower operating costs in Tallinn.

Finland startups typically raise larger individual rounds and have produced more billion-dollar companies (8 unicorns vs Estonia’s 10, from similar population bases). Both countries collaborate extensively, with many founders maintaining entities in both locations to optimize for different advantages.

Finland vs. Major Nordic Hubs: By The Numbers

Country	2024 Funding	Ecosystem Rank	Unicorns	Top Industry
Finland	€1.2B	#22 Global	8	Gaming/Quantum
Sweden	€3.8B	#12 Global	46	FinTech/SaaS
Denmark	€1.8B	#18 Global	12	HealthTech/CleanTech
Norway	€850M	#28 Global	6	CleanTech/Energy
Estonia	€450M	#35 Global	10	B2B SaaS/FinTech

The Finnish Startup Support System

Key Accelerators & Incubators

Finland’s accelerator ecosystem provides critical early-stage support for new companies:

• Startup Sauna: One of Europe’s leading accelerators, has supported over 1,000 startups including Varjo, Swappie, and Smartly. Provides intensive mentorship and connections to Nordic and European investors.
• Maria 01: Europe’s largest startup campus hosts over 200 startups and provides community, services, and regular programming. Located in Helsinki’s former hospital building.
• Junction: Organizes Europe’s largest hackathon and provides year-round community for tech talent, connecting developers with Finland startups.
• Vigo Accelerator: Government-backed program for deeptech startups, providing €50K grants plus mentorship.
• Kiuas Accelerator: Focuses on very early-stage startups, helping founders validate ideas and build MVPs.

Venture Capital Landscape

Finland’s VC ecosystem has matured significantly, with over 50 active venture capital firms managing approximately €2 billion in assets. Key investors backing Finland startups include:

Early Stage:

• Lifeline Ventures – Backed Supercell, Wolt, and Oura Ring
• Inventure – Focus on B2B software and deeptech
• Superhero Capital – Gaming and entertainment specialist

Growth Stage:

• Maki.vc – Pan-European growth equity investor
• Vaaka Partners – Finnish growth equity firm
• Korona Invest – Family office investing in growth-stage companies

International Investors Active in Finland:

• EQT Ventures – Swedish mega-fund backing Nordic scale-ups
• Atomico – London-based firm with strong Nordic presence
• Balderton Capital – European VC active in Finland startups
• Index Ventures – Backed Supercell and other Finnish companies

Talent & Education Pipeline

Finland’s education system consistently ranks #1 globally, producing highly skilled technical talent that fuels the startup ecosystem. Over 8,000 STEM graduates join the workforce annually from top universities:

• Aalto University: Premier technical university created from merger of Helsinki School of Economics, University of Art and Design, and Helsinki University of Technology. Located in Otaniemi, Espoo, the campus hosts numerous deeptech startups.
• University of Helsinki: Finland’s largest university with particular strength in AI, computational science, and interdisciplinary research.
• Tampere University: Strong engineering and computing programs, closely connected to local manufacturing industry.
• University of Oulu: World-class wireless communications research, producing talent for telecom and IoT startups.

Finland’s bilingual education system (Finnish and English) means virtually all technical graduates can work in international environments, a critical advantage for Finland startups targeting global markets from day one.

How to Use This Finnish Startup Database

This database is designed for multiple professional use cases:

For Sales & Business Development Teams: Contact Finland startups within 30 days of funding announcements when budgets are freshest. Our verified email addresses reach decision-makers directly. We track funding amounts so you can prioritize high-value prospects. Learn strategies for selling to recently funded startups.

For Investors & VCs: Track emerging trends in Finland startups, identify co-investment opportunities, monitor portfolio companies’ competitors, and discover high-potential companies at various stages. Our data includes complete funding history and investor information.

For Job Seekers: Recently funded Finland startups are actively hiring across engineering, sales, marketing, and operations roles. Use funding announcements to time your applications when companies are expanding teams. Our database includes LinkedIn profiles for direct outreach to founders and hiring managers.

For Service Providers: Target Finland startups needing legal, accounting, HR, marketing, or technology services post-funding. Companies that just raised capital are actively seeking vendors to support their growth trajectories.

For Media & Researchers: Source breaking stories, track Finnish innovation trends, and analyze funding patterns across industries and cities. Our data provides comprehensive insights into the Finland startup ecosystem evolution.

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Frequently Asked Questions About Finnish Startups

Related Startup Ecosystems

Exploring startup ecosystems beyond Finland? Check out our other comprehensive country and city guides:

Nordic & Baltic Regions

• Recently funded startups in Sweden
• Recently funded startups in Denmark
• Recently funded startups in Norway
• Recently funded startups in Estonia
• Recently funded startups in Iceland

European Hubs

• Recently funded startups in the UK
• Recently funded startups in Germany
• Recently funded startups in France
• Recently funded startups in Netherlands
• Recently funded startups in Switzerland

Global Markets

• Recently funded startups in Singapore
• Recently funded startups in Australia
• Recently funded startups in Canada
• Recently funded startups (all countries and industries)

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