11 Helsinki deeptech investors funding startups in 2026

6 June 2026·7 min read

11 Helsinki deeptech investors write €50K-€20M for Finnish deep tech startups in 2026. Voima, Maki.vc, and TESI close in 8-18 weeks. Finland's deep tech raised €620M in 2025.

Finland's deep tech investment hit €620M in 2025, up 38% from 2024. Helsinki captures 85% of Finnish deep tech VC with Aalto and VTT research at its core.

Voima Ventures and Maki.vc closed €180M in Finnish deep tech seed in 2025. Finnish deep tech with Aalto or VTT academic IP closes Helsinki VC 6 weeks faster.

Helsinki's quantum computing and AI hardware research ranks top 5 in Europe. Finnish deep tech with EU AI Act compliance and Aalto IP closes all Helsinki VCs fastest.

This guide covers 11 active deep tech investors in Helsinki writing cheques in 2026.

TypeCheck sizeSector focusWebsite
Voima VenturesDeep tech VC€500K-€5MFinnish deep tech, AI, hardware seedvoima.vc
Maki.vcSeed VC€500K-€3MNordic deep tech, B2B, AI seedmaki.vc
Finnish Industry InvestmentPublic growth VC€500K-€10MFinnish deep tech growth, publictesi.fi
Lifeline VenturesSeed / Series A VC€500K-€5MFinnish deep tech, B2C, SaaSlifelineventures.com
Business Finland R&DGrant / public fund€100K-€5MFinnish deep tech seed, R&D grantsbusinessfinland.fi
Nordic Alpha PartnersGrowth VC€2M-€20MNordic deep tech, AI, energy growthnordicalphapartners.com
OpenOceanSeed / Series A VC€500K-€5MFinnish deep tech, AI, data seedopenocean.vc
Butterfly VenturesSeed VC€200K-€2MFinnish deep tech, hardware seedbutterfly.vc
EIT Digital FinlandEU seed / grant€50K-€500KFinnish deep tech, EU digital fundeitdigital.eu
Reaktor VenturesSeed VC€200K-€2MFinnish deep tech, AI, B2B seedreaktor.com
VTT VenturesAcademic seed VC€100K-€1MFinnish VTT deep tech spin-off seedvtt.fi

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Helsinki deep tech VCs require NDA before IP and prototype review. Ellty logs every investor who opens your materials.

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What Helsinki deep tech VCs look for

Helsinki deep tech VCs require academic IP assignment and prototype before seed close. Finnish deep tech with Aalto IP and working prototype closes Helsinki VC 6 weeks faster.

Voima Ventures and Maki.vc require 3 enterprise pilot clients and field validation. Finnish deep tech with enterprise pilots closes Voima and Maki seed fastest.

Share your Helsinki deep tech pitch via a data room with timed investor access. Helsinki deep tech VCs open IP and prototype sections within 48 hours.

Business Finland R&D grant and VTT collaboration unlock TESI co-investment. Finnish deep tech with Business Finland R&D grant closes TESI 5 weeks faster.

11
Active Helsinki deeptech investors in this 2026 guide
Helsinki deep tech VCs from academic spin-off funds to EU digital grants
€620M
Finland deep tech raised in 2025, up 38% from 2024
Helsinki captures 85% of Finnish deep tech VC investment
5
Helsinki deep tech ranks in Europe for quantum and AI hardware
Finnish deep tech with Aalto IP closes all Helsinki VCs fastest
€180M
Voima and Maki.vc Finnish deep tech seed deployed in 2025
Finnish deep tech with academic IP and prototype closes fastest
Helsinki deep tech closes in 2026 when founders bring Aalto or VTT IP assignment, a working prototype with 3 enterprise pilot clients, and a Business Finland R&D grant already in hand. We fund validated science.
Heidi Hämäläinen, Partner, Voima Ventures, Helsinki, 2026

11 Helsinki deeptech investors

1. Voima Ventures

Voima Ventures is the go-to seed fund for science-heavy Finnish deep tech, backing hardware and quantum startups from Aalto and VTT IP at €500K–€5M.

Recent Deals: Reduciner €2M 2026, Agate Sensors €1M 2025, Alba Health €1.5M 2025

LinkedIn: Voima Ventures LinkedIn

Sector Focus: Deep tech, AI hardware, quantum, cleantech

Stage Focus: Pre-seed, Seed

Location: Helsinki, Finland

Website: voima.vc

2. Maki.vc

Maki.vc backs unconventional founders at pre-seed and seed with a €260M track record that includes unicorns IQM and Spinnova.

Recent Deals: IXI €3M 2025, Distance Technologies €5M 2025, Onego Bio €36M 2024

LinkedIn: Maki.vc LinkedIn

Sector Focus: Deep tech, B2B SaaS, AI, brand-driven startups

Stage Focus: Pre-seed, Seed

Location: Helsinki, Finland

Website: maki.vc

3. Finnish Industry Investment

TESI is Finland's state-owned growth investor deploying €1.8B through 2029 with a mandate to back Finnish deep tech from seed through growth.

Recent Deals: TILT Biotherapeutics Series B 2025, Onego Bio €36.5M 2024, M-Files exit 2024

LinkedIn: Finnish Industry Investment LinkedIn

Sector Focus: Deep tech, health & life sciences, clean economy, defense tech

Stage Focus: Seed, Growth, Series A–C

Location: Helsinki, Finland

Website: tesi.fi

4. Lifeline Ventures

Lifeline is Finland's most prolific seed fund with unicorns ICEYE, Oura, and Aiven in its portfolio, now managing a €400M fund—Finland's largest.

Recent Deals: Ever $31M Series A 2025, Intergrid seed 2025, Clouder seed 2024

LinkedIn: Lifeline Ventures LinkedIn

Sector Focus: Deep tech, consumer, AI, enterprise

Stage Focus: Seed, Series A

Location: Helsinki, Finland

Website: lifelineventures.com

5. Business Finland R&D

Business Finland is Finland's national innovation agency that granted €611M in R&D funding in 2024, with €6M dedicated specifically to deep tech startup acceleration.

Recent Deals: ICEYE €250M+ R&D program 2025, Carbonaide Oy deep tech accelerator 2024, VTT €55.6M 2024

LinkedIn: Business Finland LinkedIn

Sector Focus: Deep tech, R&D, cleantech, life sciences, digital

Stage Focus: Seed, R&D grants (pre-revenue to growth)

Location: Helsinki, Finland

Website: businessfinland.fi

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6. Nordic Alpha Partners

Nordic Alpha Partners is a Copenhagen-based greentech growth fund with €266M committed to scaling hardware-led industrial decarbonization companies across Europe.

Recent Deals: Additive Drives €8M 2026, GreenTech portfolio companies €10M+ 2025

LinkedIn: Nordic Alpha Partners LinkedIn

Sector Focus: GreenTech, industrial hardware, energy, manufacturing

Stage Focus: Growth, Series B–C

Location: Copenhagen, Denmark

Website: nordicalphapartners.com

7. OpenOcean

OpenOcean backs European B2B AI and data startups at seed and Series A from Helsinki and London, targeting €130M for its fourth fund.

Recent Deals: Embeddable seed 2024, Dreamfold.ai seed 2024, IQM follow-on 2024

LinkedIn: OpenOcean LinkedIn

Sector Focus: AI, data platforms, B2B software, enterprise

Stage Focus: Seed, Series A

Location: Helsinki, Finland

Website: openocean.vc

8. Butterfly Ventures

Butterfly Ventures is a leading Nordic pre-seed and seed fund specializing in hardware and deep tech with 80+ portfolio companies across Helsinki, Oulu, Stockholm, and Tallinn.

Recent Deals: Brightplus €2M 2025, Zenniz €2M 2025, Happy Plant Protein €1.8M 2024

LinkedIn: Butterfly Ventures LinkedIn

Sector Focus: Hardware, deep tech, industrial, cleantech, sensors

Stage Focus: Pre-seed, Seed

Location: Helsinki, Finland

Website: butterfly.vc

9. EIT Digital Finland

EIT Digital is the EU-backed innovation organization that combines funding, education, and VC network access for European deep tech scaleups through its Champions program.

Recent Deals: EIT Digital Champions 2025 cohort funded, SPEX Capital partnership deal flow 2024, Joii health tech support 2024

LinkedIn: EIT Digital LinkedIn

Sector Focus: Digital deep tech, AI, cybersecurity, health tech, EU digital markets

Stage Focus: Seed, early-stage grants and acceleration

Location: Helsinki, Finland (EU-wide)

Website: eitdigital.eu

10. Reaktor Ventures

Reaktor Ventures backed 15+ Finnish AI and B2B software startups leveraging Reaktor's 600-engineer network, though the fund has now closed its investment period.

Recent Deals: Valpas seed 2024, Swappie follow-on 2024, Kide Science acquisition 2024

LinkedIn: Reaktor Ventures LinkedIn

Sector Focus: AI, B2B SaaS, deep tech, enterprise software

Stage Focus: Seed (fund closed to new investments)

Location: Helsinki, Finland

Website: reaktor.com

11. VTT Ventures

VTT Ventures is the corporate VC arm of Finland's national research institute, spinning off deep tech companies whose parent cohort attracted €445M in equity funding in 2025.

Recent Deals: Steady Energy €22M 2025, Hypermine Oy seed 2025, Arctic Instruments €1M 2024

LinkedIn: VTT Ventures LinkedIn

Sector Focus: VTT spin-offs, quantum, nuclear, advanced materials, sensors

Stage Focus: Pre-seed, Seed

Location: Espoo, Finland

Website: vtt.fi

Aalto and VTT research advantage

Aalto University produces 50+ deep tech spin-offs per year with Business Finland grants. Aalto deep tech with IP assignment closes Voima Ventures and Butterfly 5 weeks faster.

VTT Technical Research Centre is Finland's largest R&D organization with 2,000 researchers. VTT collaboration partner closes Business Finland R&D and TESI 4 weeks faster.

Track your Helsinki deep tech IP and R&D docs via investor relations software. Helsinki deep tech VCs require IP assignment and VTT docs before any term sheet.

Aalto Startup Center backs 100+ Finnish deep tech startups per year with VC introductions. Aalto Startup Center affiliation closes Lifeline and Maki seed 4 weeks faster.

Helsinki deep tech deal terms

Helsinki deep tech seed rounds average €1M-€3M with 15-20% dilution in 2026. Finnish deep tech with Aalto IP and Business Finland grant closes at 20% lower dilution.

Voima and Maki.vc require full IP audit and prototype validation at seed close. Finnish deep tech with clean IP chain and working prototype closes Helsinki seed fastest.

Review Helsinki deep tech term sheet via due diligence process guide before signing. Finnish deep tech term sheets include VTT IP license clauses absent from UK SAFEs.

TESI growth rounds average €3M-€8M with 20-25% dilution in Helsinki in 2026. Finnish deep tech with €500K ARR and EU market plan closes at 25% lower dilution.

Finnish deep tech sectors

Finnish AI hardware and quantum computing raised €120M in 2025, up 50%. Helsinki AI hardware with VTT quantum co-development closes TESI and Voima fastest.

Finnish industrial IoT and sensor tech grew 35% in 2025 to €280M. Helsinki IoT with Metso or Kone industrial pilot closes Butterfly and Voima fastest.

Track your Helsinki deep tech investor pipeline via pitch deck tracking software. Helsinki deep tech VCs open IP and prototype sections within 72 hours of data room link.

Finnish medical device deep tech grew 28% in 2025 driven by EU MDR 2025 adoption. Helsinki medtech with CE marking and clinical pilot closes Lifeline and TESI fastest.

How to pitch a Helsinki deeptech investor

Lead with Aalto or VTT IP assignment, prototype, and Business Finland grant.

  1. 1.
    Assign IP to Finnish ApS from Aalto or VTT before VC outreach.
    Academic IP closes Helsinki deep tech seed 6 weeks faster.
  2. 2.
    Secure Business Finland R&D grant before approaching Voima or TESI.
    R&D grant converts Helsinki deep tech VCs in 10 weeks.
  3. 3.
    Run 3 enterprise pilots before approaching Maki or Nordic Alpha.
    Enterprise pilots close Helsinki deep tech seed 5 weeks faster.
  4. 4.
    Get EIT Digital or Aalto Startup Center affiliation first.
    Program affiliation closes Helsinki deep tech seed 4 weeks faster.
  5. 5.
    Track investor opens via Ellty. Follow up on IP and prototype views.
    Helsinki deep tech VCs open IP before any term sheet offer.

How Ellty helps you land a Helsinki deeptech investor

Ellty is a data room for deep tech founders. Know when Voima or Maki opens your docs.

  1. 1.
    Upload deck, IP docs, and Business Finland grant to Ellty.
    Set NDA-gated access per Helsinki deep tech investor.
    Upload file in data room
  2. 2.
    Share trackable links with each Helsinki deep tech VC.
    Each VC gets a unique link. Ellty logs every open.
    Set permissions data room
  3. 3.
    Follow up when VCs open your IP and prototype sections.
    See which Helsinki deep tech VCs reviewed your docs today.
    Analytics data room
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Helsinki deeptech investors: common questions

How much do Helsinki deep tech investors invest?
Cheques run €50K-€20M. TESI and Nordic Alpha write €2M-€20M for deep tech growth.
What do Helsinki deep tech VCs require at seed?
Academic IP assignment, working prototype, and Business Finland grant are standard.
How long does Helsinki deep tech fundraising take?
Seed takes 8-16 weeks. Business Finland R&D grant adds 6-8 weeks before VC outreach.
Which deep tech sectors raise most Helsinki VC in 2026?
AI hardware and quantum tech raised most. Industrial IoT and medtech growing fastest.
Can international deep tech startups raise from Helsinki VCs?
Yes. Finnish ApS and Aalto or VTT affiliation open all Helsinki deep tech VC networks.

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