Helsinki, Finland · Startup Aiven is a Helsinki-based cloud data platform founded in 2016 that provides fully managed open-source data infrastructure services including PostgreSQL, Apache Kafka, Redis, Elasticsearch, and ClickHouse across all major cloud providers. The company raised over $270 million including a $210 million Series D in 2022 at a $3 billion valuation, making it Finland's most valuable startup at the time. Aiven serves thousands of customers globally and employs over 500 people. By abstracting the operational complexity of open-source data tools, Aiven enables engineering teams to focus on building rather than managing infrastructure.
Startup Series C Cloud ComputingData ManagementOpen Source
Helsinki, Finland · Startup CurifyLabs is a Helsinki-based HealthTech company automating the production of personalised medicines. Its Compounding System Solution combines proprietary software, GMP-manufactured excipient bases, and 3D-printing hardware (including the PharmaPrinter Aurum) to let pharmacies compound and dispense custom-dosed medications up to nine times faster than manual methods. Founded in 2021 by Charlotta Topelius and Niklas Sandler — a professor of pharmaceutical technology at Åbo Akademi University with over a decade researching automated compounding — the company's technology is already in use across pharmacies in 21 U.S. states and multiple European countries. In July 2026, CurifyLabs closed a $14 million Series A, co-led by Sandwater and HealthCap with participation from Tesi (Finnish Industry Investment Ltd.) and existing investor Lifeline Ventures, to expand its compounding platform.
Startup Series A HealthTechMedTech3D Printing
Espoo, Finland · Startup Enfuce is a cloud-native card issuing and payment processing platform that enables banks, fintechs and brands to launch and scale payment programmes across Europe. Founded in 2016 and holding EMI licences from both the Finnish FSA and the UK FCA, the company raised €45 million in a Series C round led by Vitruvian Partners with participation from Visa and Maki.vc. With 280 employees and ambitions to 10x revenue by 2030, Enfuce became Finland's largest fintech startup. In March 2026, co-founder Denise Johansson took sole CEO responsibility as the company accelerates European expansion.
Startup Series C FintechB2B SaaSSoftwareRegTech
Oulu, Finland · Startup Fingersoft is an independent mobile game studio headquartered in Oulu, 170 km south of the Arctic Circle. It is best known for Hill Climb Racing and Hill Climb Racing 2, which together surpassed 2.5 billion installs, with Hill Climb Racing alone crossing 2 billion downloads in January 2026. Founded in 2012 by Toni Fingerroos, the company remains bootstrapped and profitable, making it one of Finland's most commercially successful independent game studios. In 2026 it launched an open beta for Hill Climb Racing 3 across Finland, Norway, Poland, Sweden and the UK.
Startup Growth GameDevSoftwareInnovation
Tampere, Finland · Startup Framery is a Finnish hardware manufacturer that designs and produces soundproof office pods and phone booths for open-plan workplaces. The company was founded in 2010 in Tampere, Finland by Samu Hällfors and Vesa-Matti Marjamäki after they were unable to find a ready-made solution for noise in their own open-plan office. Its product range includes the Framery One, Four and Six pods plus the newer Gradus line, along with workplace technology such as occupancy sensors, room displays and a management platform called Framery Connect. The company is headquartered and manufactures in Tampere, and in 2018 private equity firm Vaaka Partners became the majority owner.
Startup Growth HardwareEnterprise SoftwareB2B SaaS
Helsinki, Finland · Startup HappySignals is the leading SaaS platform for IT Experience Management (ITXM), measuring how employees perceive IT services and translating that data into productivity and service quality improvements. Founded in Helsinki in 2014, the platform covers over one million employees across 130 countries and integrates with major ITSM tools. In 2024 the company raised €12 million led by Mandatum Asset Management to fund global expansion. Customers using the platform report an average 26% increase in end-user productivity, and the company hosted the inaugural ITXM Summit in London in May 2026.
Startup Series A B2B SaaSHR TechEnterprise TechAI
Espoo, Finland · Startup ICEYE operates the world's largest synthetic aperture radar (SAR) satellite constellation, providing persistent Earth observation data regardless of weather or daylight conditions. Founded in 2014 as an Aalto University spin-off, the company builds its satellites in-house in Espoo and serves defence, insurance, disaster response and environmental monitoring customers. By 2026 it had launched over 35 satellites with a valuation of $2.8 billion, and signed contracts with the Finnish, Polish and Swedish armed forces for national SAR satellite programmes.
Startup Growth SpaceDeep TechSustainabilitySoftware
Espoo, Finland · Startup IQM Quantum Computers is a full-stack quantum computing company founded in 2018 as a spin-off from Aalto University and VTT. It designs and manufactures superconducting quantum processors sold as on-premises systems to research institutions, supercomputing centres and enterprises. By early 2026 IQM had delivered 21 quantum systems to 13 customers globally and secured over €600 million in funding, including a €275 million Series B. The company reached unicorn status in September 2025 and announced plans for a public listing at a $1.8 billion valuation in February 2026.
Startup Scale Deep TechEnterprise TechSoftwareInnovation
Helsinki, Finland · Startup Nightingale Health is the global leader in NMR-based metabolomics, quantifying 250 blood biomarkers from a single sample to enable large-scale disease risk detection and prevention. Founded in Helsinki, it completed the analysis of all 500,000 UK Biobank samples, creating the world's largest blood biomarker database. Listed on Nasdaq Helsinki Main Market since March 2025, the company is deploying its technology into Finnish public healthcare in 2026 through wellbeing services counties. It also partnered with Alamar Biosciences to expand into brain health proteomics.
Startup Listed HealthTechBiotechDigital HealthAI
Oulu, Finland · Startup Oura is a Finnish wearable company best known for the Oura Ring, a smart ring that packages continuous biometric sensing into a minimal consumer device. The product built its reputation through strong sleep and recovery tracking, then expanded into broader health insights around readiness, activity, stress, and women's health. What makes Oura significant in the European ecosystem is its ability to combine hardware design, sensor engineering, mobile product experience, and recurring software engagement into a durable health platform. Many consumer wearables compete on notifications and surface-level metrics; Oura instead positioned itself around insight quality, habit formation, and long-term user retention. That has made it a standout European example of a hardware-plus-subscription business that can scale globally without losing product clarity. In directory terms, Oura also broadens the map between consumer technology and healthtech, showing how European startups can build defensible products at the intersection of devices, data, and preventive care. Its success offers a useful contrast to pure software companies and highlights Finland's continued ability to produce globally relevant product and hardware talent.
Startup Growth HealthTechWearablesConsumer Electronics
Espoo, Finland · Startup QuantrolOx is a quantum computing software startup headquartered in Espoo, Finland, with additional offices in Oxford, Delft, and Bengaluru. The company develops Quantum EDGE, an automation platform that tunes and optimises superconducting quantum computers, reducing characterisation times from days to seconds and enabling a single expert to manage multiple quantum systems simultaneously. QuantrolOx is a sponsor of Finnish Quantum Days 2026.
Startup Quantum ComputingSoftwareDeep Tech
Helsinki, Finland · Startup RELEX Solutions delivers a unified AI-native platform for retail and consumer goods supply chain planning, covering demand forecasting, inventory replenishment, space & assortment planning, pricing, and workforce management. Founded in 2005 by three supply chain scientists from Helsinki University of Technology, the company has grown to over 2,400 employees in 21 countries and raised more than $816 million in total funding, reaching a $5.7 billion valuation. Its customers include major European and North American retailers and manufacturers.
Startup Scale B2B SaaSAIEnterprise TechBig Data
Nuutajärvi, Finland · Startup Offers a Sand-as-a-Service model using patented modular sand reclaimers to regenerate and recycle foundry sand on-site, enabling near-100% reuse. Expanded its Norion Bank facility to €25M following new contracts in Germany and Slovenia.
Startup CleanTechGreenTechDeep Tech
Espoo, Finland · Startup SemiQon is a Finnish quantum computing hardware startup pioneering silicon-based quantum processors. The company develops silicon quantum dot devices (SemiQit), cryo-CMOS transistors optimised for cryogenic environments, and quantum integrated circuit chips, with the stated goal of making quantum computers more affordable, scalable, and sustainable through standard silicon manufacturing techniques. SemiQon is a sponsor of Finnish Quantum Days 2026 and has partnered with the European Space Agency on space technology applications.
Startup Quantum ComputingHardwareDeep Tech
Helsinki, Finland · Startup Smartly is an AI-powered advertising platform that enables brands and agencies to automate and optimise paid social and cross-channel ad campaigns at scale. Founded in Helsinki in 2013, the platform handles creative automation, campaign management and performance analytics across Meta, TikTok, Pinterest, Snapchat, Amazon DSP and connected TV. The company serves over 700 enterprise advertisers globally and reported $221 million in annual revenue in 2026. Its AI Studio has generated nearly two million creative assets, delivering an average 27% performance lift versus static creatives.
Startup Growth AdTechAIMarTechSaaS
Helsinki, Finland · Startup Solar Foods produces Solein, a single-cell protein made via gas fermentation using CO2, hydrogen and electricity — entirely decoupled from agriculture. Founded in 2017 as a VTT and LUT University spin-off, the company opened the world's first commercial-scale air-protein facility in Vantaa in 2024. In 2026 it is advancing its EFSA novel food approval and finalising the investment decision for Factory 02 in Lappeenranta, which will scale annual capacity from 160 to 6,400 tonnes. Fortum is a key investor and strategic partner for district heating integration.
Startup Series B FoodTechCleanTechBiotechSustainability
Helsinki, Finland · Startup Steady Energy develops the LDR-50, a simplified small modular reactor (SMR) delivering 50 MW of thermal output for zero-carbon district heating. Founded in 2023 as a spin-off from VTT Technical Research Centre of Finland, the company raised €32 million and in February 2026 poured first concrete for a full-scale non-nuclear pilot plant inside Helsinki's former Salmisaari coal power station. Fortum and Finnish energy utility Helen are strategic partners. Steady Energy is also expanding to Sweden, targeting district heating decarbonisation across the Nordic region.
Startup Seed EnergyCleanTechDeep TechSustainability
Helsinki, Finland · Startup Supercell is a Helsinki-based mobile games studio founded in 2010 by Ilkka Paananen (CEO), Mikko Kodisoja, Petri Styrman, Lassi Leppinen, Visa Forstén and Niko Derome. It publishes some of the highest-grossing mobile games ever made — Clash of Clans, Hay Day, Boom Beach, Clash Royale and Brawl Stars — reaching around 290 million monthly active players and €2.65bn in 2025 revenue. Its 'cell' model gives small autonomous teams of 5–7 full authority to greenlight and kill games, treating cancelled prototypes as learning rather than failure.
Supercell was backed early by European VCs Lifeline Ventures (Helsinki), Accel and Atomico (London) and Index Ventures, raising a $130M Series B in 2013. SoftBank and GungHo acquired 51% that year; in 2016 a Tencent-led consortium paid $8.6bn for ~84% at a ~$10.2bn valuation, with Tencent consolidating majority control by 2019. Tencent has kept Supercell operationally independent in Helsinki, with remaining shares held by employees.
Startup Acquired GamingMobileConsumer
Helsinki, Finland · Startup Swappie is a European recommerce platform specialising in certified refurbished iPhones and iPads, selling to consumers across more than 20 countries with a 12-month warranty. Founded in 2016 in Helsinki, it refurbishes devices through a 52-stage technical process at its facilities in Helsinki and Tallinn, and has served over two million customers. The company raised $124 million in Series C funding and has 586 employees as of early 2026. Swappie transitioned to a fully online model in 2025, closing retail stores to focus on its digital marketplace.
Startup Series C SustainabilityImpactSoftware
Helsinki, Finland · Startup Helsinki-based decentralised social coding platform built on the AT Protocol, the same open standard powering Bluesky. Provides federated Git hosting, pull-request workflows, and social discovery for developers, positioning itself as a European alternative to GitHub. Raised €3.8M seed from byFounders with participation from GitHub's ex-CEO.
Startup Seed Deep TechB2B SaaS
Helsinki, Finland · Startup Varjo designs and manufactures industrial-grade virtual and mixed reality headsets used in professional simulation, defence training, and engineering visualisation. Founded in 2016 in Helsinki by Nokia and Microsoft alumni, the company has raised over $200 million and pivoted strongly toward military and defence customers. In 2026 it launched ready-to-deploy XR systems for air-gapped and secure environments, backed by a €40 million R&D programme co-funded by Business Finland, and attracted a €5 million strategic investment from defence technology firm THEON.
Startup Series C Deep TechSoftwareInnovationEnterprise Tech
Helsinki, Finland · Startup Wolt is a Helsinki-based delivery platform founded in 2014 by Miki Kuusi that expanded from restaurant food delivery into grocery, retail, and merchandise delivery across 27 countries. Known for its polished user experience and strong operational execution, Wolt became one of the Nordic region's most successful consumer tech companies. DoorDash acquired Wolt in 2022 for approximately $8.1 billion in an all-stock deal, using Wolt as its vehicle for international expansion. The Wolt brand and Helsinki-based team continue to operate DoorDash's business outside North America and Japan.
Startup Acquired Food DeliveryLogisticsConsumer