Startup in Finland
Every startup record the directory holds in Finland.
Showing 21–27 of 27 Startup · Finland
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Solar Foods
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.
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Steady Energy
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.
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Supercell
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.
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Swappie
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.
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Tangled
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.
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Varjo
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.
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Wolt
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.