69 Best Espoo Startups to Watch in 2024
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Last update to the database: May 26, 2024. See changelog.
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company | score | funding | investors | employees | industries | biz model | city | contact |
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Upcycled mycoprotein powder producer. |
$39M · Series B | Aqua Spark, Valio, Finnish Climate Fund | 1 to 10 | Biotech, Manufacturing | B2B | Espoo, Finland | •••••••••••@eniferbio.fi | |
Mycoprotein ingredient producer. |
$13M · Series A | NextGenerationEU | 1 to 10 | Biotech | Espoo, Finland | •••••••••••@enifer.com | ||
Manufacturing company producing eco-friendly packaging materials. |
$24M · Series A | European Circular Bioeconomy Fund (ECBF), Ecolab | 1 to 10 | Climate Tech & Green Tech, Energy & Nuclear, Manufacturing, Supply Chain & Logistics | B2B | Espoo, Finland | •••••••••••@paptic.com | |
Oral antibacterial treatment for home use. |
$4M · Seed | Reaktor, Apteekkien Eläkekassa, 8 Media Ventures | 1 to 10 | Health Tech | B2C | Espoo, Finland | •••••••••••@koitehealth.com | |
Software solution that helps manage and streamline consumer logistics and storage for individual boxes. |
$24M | Northzone, Atomico | 1 to 10 | Proptech & Real Estate, Supply Chain & Logistics | B2B, SaaS | Espoo, Finland | •••••••••••@spacemakercorp.com | |
Smarter data for a stronger planet |
$17M · Series A | Springvest, VTT Ventures, Voima Ventures | 1 to 10 | Agritech, Data and Analytics, Energy & Nuclear, Business Intelligence | B2B, SaaS | Espoo, Finland | •••••••••••@kuvaspace.com | |
Developer of a hardware solution for collection and recycling of nutrients from wastewater. |
$1M · Seed | Stephen Industries, MVTT, Nordic Foodtech VC | 1 to 10 | Climate Tech & Green Tech, Hardware | B2B | Espoo, Finland | •••••••••••@npharvest.fi | |
Platform that simplifies the work of product designers by solving long-standing challenges. |
$12M · Series A | Lifeline Ventures, Atlantic Bridge, VTT Ventures | 11 to 50 | Hardware, CPG & Consumer Goods, AR / VR, Manufacturing, Creative Tools, Wearables | B2B, B2C | Espoo, Finland | •••••••••••@dispelix.com | |
API-first card issuing and payment processing platform. |
$5M · Debt Financing | Tencent, Maki.vc, Visa | 101 to 250 | Fintech, Payments | B2B, SaaS | Espoo, Finland | •••••••••••@enfuce.com | |
Platform for law firms to automate their documents, reduce overheads, sell scalable services in client centric way. |
$6M · Series A | Molten Ventures, Partech Ventures, Tesi | 501 to 1000 | Legal Tech, CRM | B2B, SaaS | Espoo, Finland | •••••••••••@contractmill.com | |
Mobile card reader enabling small businesses to accept card payments anywhere. |
$11M · Series A | Inventure | 1 to 10 | Fintech, Hardware, Mobile, Payments, Manufacturing, Wearables | B2B | Espoo, Finland | •••••••••••@ziroopay.com | |
Autonomous driving software enabling self-driving vehicles for all-year-round use. |
$7M · Series A | NordicNinja VC, Metaplanet Holdings | 51 to 100 | AI, Deep Tech, Machine Learning, Music and Audio, Data and Analytics, Mobility & Transportation | B2B, SaaS | Espoo, Finland | •••••••••••@sensible4.fi | |
Manufacturer of atomic layer deposition reactors for micro and nanotechnology applications. |
$13M | First Fellow Partners | 51 to 100 | Robotics, Manufacturing | B2B | Espoo, Finland | •••••••••••@picosun.com | |
Meeting and event venues booking platform. |
$4M · Series A | Scale Capital, Falkensteiner Ventures, Takeoff Partners | 11 to 50 | Travel Tech, Future of Work | B2B, SaaS | Espoo, Finland | •••••••••••@meetingpackage.com | |
IoT-operator in Finland. |
$2M · Seed | Business Finland, Nordea, Finnvera Venture Capital | 1 to 10 | Manufacturing | B2B | Espoo, Finland | •••••••••••@connectedfinland.fi | |
AI governance platform. |
$1M · Seed | Crowberry Capital, Business Finland | 1 to 10 | Legal Tech | B2B | Espoo, Finland | •••••••••••@saidot.ai | |
Algae-based alternative to chemicals. |
$3M · Seed | Voima Ventures | 1 to 10 | Climate Tech & Green Tech, Biotech, Energy & Nuclear, Manufacturing | B2B | Espoo, Finland | •••••••••••@originbyocean.com | |
Platform that modernizes eyeglass optics with an adaptive solution for perfect vision. |
$4M · Seed | Firstminute Capital, Maki.vc, First Fellow Partners | 1 to 10 | Hardware, Fashion, Manufacturing | B2B | Espoo, Finland | •••••••••••@pixieray.com | |
Satellite imaging platform. |
$2M · Series A | Molten Ventures, Move Capital, True Ventures | 251 to 500 | Govtech, Space Tech | B2B, SaaS | Espoo, Finland | •••••••••••@iceye.com | |
Technology for filtering industrial water. |
$3M | Voima Ventures | 1 to 10 | Climate Tech & Green Tech, Health Tech, Hardware, Energy & Nuclear, Manufacturing | B2B | Espoo, Finland | •••••••••••@sofifiltration.com | |
Infinited Fiber technology brings enormous social, environmental and economical impact to the textile value chain and everybody’s wardrobe. |
$4M | VTT Ventures, Nidoco | 11 to 50 | Fashion, Manufacturing, Creative Tools | B2B | Espoo, Finland | •••••••••••@infinitedfiber.com | |
Intelligent robots maker. |
$108k · Pre Seed | DIANA | 11 to 50 | Robotics, Manufacturing | B2B | Espoo, Finland | •••••••••••@gimrobotics.fi | |
Platform providing intelligent real-time locating services and applications. |
$23M · Seed | 51 to 100 | Hardware, Manufacturing, Productivity Tools | B2B, SaaS | Espoo, Finland | •••••••••••@quuppa.com | ||
Platform offering preventive and rehabilitative care services for the elderly. |
$325k · Pre Seed | Atomico, Spintop Ventures, Nidoco | 51 to 100 | Health Tech, ElderTech | Marketplace, SaaS | Espoo, Finland | •••••••••••@gubbe.io | |
Indoor air quality and indoor climate monitoring, analysis and optimisation solution provider |
$1M · Seed | Curiosity VC | 11 to 50 | Proptech & Real Estate, Energy & Nuclear, Business Intelligence | B2B, SaaS | Espoo, Finland | •••••••••••@freesi.io | |
Making industrial construction automated and sustainable and Concrete 3D Printing |
$463k · Pre Seed | Lifeline Ventures, Katapult Accelerator | 11 to 50 | Climate Tech & Green Tech, Deep Tech, Proptech & Real Estate, Energy & Nuclear, Robotics, Manufacturing | B2B | Espoo, Finland | •••••••••••@hyperionrobotics.com | |
Collaborative risk management software |
$254k · Pre Seed | First Fellow Partners | 1 to 10 | Legal Tech, Privacy and Security | B2B, SaaS | Espoo, Finland | •••••••••••@inclus.com | |
Platform enabling patients to actively participate in their healthcare. |
$5M | 11 to 50 | Health Tech | B2B, SaaS | Espoo, Finland | •••••••••••@medixine.com | ||
Digital platform to increase infrastructure construction productivity. |
$6M · Series A | 51 to 100 | Proptech & Real Estate, Sales and Marketing, Enterprise Software, Service Industry | B2B, SaaS | Espoo, Finland | •••••••••••@infrakit.com | ||
Sustainable food. |
$1M · Seed | Nordic Foodtech VC | 1 to 10 | Foodtech | B2C | Espoo, Finland | •••••••••••@nordicumami.fi | |
Next-generation AI powered by minimal real-life data |
$687k · Seed | Innovestor Ventures | 1 to 10 | Agritech, AI, Data and Analytics, Manufacturing, Business Intelligence, Developer Tools, Cloud | B2B, SaaS | Espoo, Finland | •••••••••••@yieldsystems.tech | |
Platform to predict forest inventories and carbon capture. |
$1M · Seed | Nidoco | 11 to 50 | Climate Tech & Green Tech, Agritech, AI, Data and Analytics, Energy & Nuclear, Manufacturing | B2B, SaaS | Espoo, Finland | •••••••••••@collectivecrunch.com | |
Technology that safeguards vital structures during surgery to prevent bleeding, infections, and nerve injuries. |
$1M · Series C | Innovestor Ventures | Health Tech | B2B | Espoo, Finland | •••••••••••@surgifymedical.com | ||
Cybersecurity training platform for employees. |
$380k · Seed | Dawn Capital, Icebreaker, First Fellow Partners | 51 to 100 | Cybersecurity, Privacy and Security | B2B, SaaS | Espoo, Finland | •••••••••••@hoxhunt.com | |
Creating modern consumer experiences by remodelling the recreational rental industry. |
$280k · Pre Seed | Anthemis, Tera Ventures, Maki.vc | 1 to 10 | Fintech, Legal Tech, Mobility & Transportation, Payments, Ecommerce | B2B, SaaS | Espoo, Finland | •••••••••••@rentle.io | |
Biotechnology company in Finland developing an allergy vaccine that harnesses the immune system. |
$4M | 1 to 10 | Health Tech, Biotech, Deep Tech, Pharma | B2B | Espoo, Finland | •••••••••••@desentum.fi | ||
Photodiodes that are sensitive to ultraviolet light. |
$3M · Seed | 1 to 10 | Health Tech, Hardware | Espoo, Finland | •••••••••••@elfys.fi | |||
App enabling unique golf experiences on and off the course. |
$3M | 11 to 50 | Sportstech, Mobile | B2C, Freemium | Espoo, Finland | •••••••••••@golfgamebook.com | ||
Platform targeting the brain to remodel neural pathways for chronic pain relief. |
N/A | Maki.vc | 11 to 50 | Health Tech, Media and Entertainement | B2B, B2C | Espoo, Finland | •••••••••••@aivohealth.com | |
Startup providing immersive sound and tactile experiences. |
N/A | NordicNinja VC | 11 to 50 | AR / VR, Music and Audio | B2B | Espoo, Finland | •••••••••••@flexound.com | |
Platform providing direct access to banks' payments and account information APIs. |
N/A | Forward VC, Wellstreet | 1 to 10 | Fintech, Payments, Developer Tools | B2B, SaaS | Espoo, Finland | •••••••••••@enablebanking.com | |
Work intelligence platform that helps speed up digital transformation for enterprises. |
N/A | Icebreaker, OpenOcean | 1 to 10 | AI, Machine Learning, Business Intelligence, Enterprise Software | B2B, SaaS | Espoo, Finland | •••••••••••@workfellow.ai | |
Hardware-based security solutions that use standardized cryptographic algorithms. |
$507k · Seed | Hardware, Cybersecurity, Privacy and Security | B2B | Espoo, Finland | •••••••••••@xiphera.com | |||
Water purification company providing sustainable and economically efficient small-scale solutions. |
$1M | 11 to 50 | Climate Tech & Green Tech, Health Tech, Energy & Nuclear, Manufacturing | B2B | Espoo, Finland | •••••••••••@solarwatersolutions.fi | ||
AgriTech startup specializing in innovative farming solutions for cold climates. |
$158k · Pre Seed | 1 to 10 | Climate Tech & Green Tech, Agritech, Foodtech, Hardware, CPG & Consumer Goods | B2B | Espoo, Finland | •••••••••••@arcticfarming.fi | ||
Management consulting firm offering innovative advisory services for today's world. |
$365k · Pre Seed | 11 to 50 | B2B | Espoo, Finland | •••••••••••@taival.com | |||
Mobile learning service focused on emerging markets. |
$1M | 11 to 50 | Edtech, Mobile, Media and Entertainement | B2B, B2C | Espoo, Finland | •••••••••••@funzi.fi | ||
Educational platform transforming current systems of learning. |
$1M · Seed | 11 to 50 | Edtech | B2B, B2C | Espoo, Finland | •••••••••••@newnordic.school | ||
Software using AI to improve concrete quality and lower CO2 emissions. |
$1M · Seed | 1 to 10 | AI, Proptech & Real Estate, Machine Learning, Privacy and Security, Business Intelligence | B2B, SaaS | Espoo, Finland | •••••••••••@caidio.io | ||
Platform offering solutions for fatigue structural health monitoring. |
$176k · Pre Seed | 1 to 10 | Health Tech, Data and Analytics, Manufacturing | B2B, SaaS | Espoo, Finland | •••••••••••@refamo.fi | ||
Platform that enhances the construction industry with advanced technology. |
N/A | 1 to 10 | Proptech & Real Estate, Data and Analytics, Business Intelligence, CRM | B2B, SaaS | Espoo, Finland | •••••••••••@aiforsite.com | ||
Hatch is an online game streaming platform that enables users to play, watch, and share games. |
N/A | 11 to 50 | Gaming, Mobile, Media and Entertainement | SaaS | Espoo, Finland | •••••••••••@playhatch.com | ||
Platform providing smart property analytics for real estate professionals. |
N/A | 11 to 50 | Fintech, Proptech & Real Estate, Business Intelligence | B2B, SaaS | Espoo, Finland | •••••••••••@skenariolabs.com | ||
IT system supplier specializing in patient flow solutions for the health care sector. |
N/A | 11 to 50 | Health Tech | B2B, SaaS | Espoo, Finland | •••••••••••@x-akseli.fi | ||
Digital service for businesses and marketers to manage and delegate content creation and marketing routines. |
N/A | 51 to 100 | Sales and Marketing, CRM | B2B, SaaS | Espoo, Finland | •••••••••••@smoothly.fi | ||
Disrupting industrial asset life cycle management. Focus on rotating machines in demanding industrial environments. |
N/A | 11 to 50 | Data and Analytics | Espoo, Finland | •••••••••••@distence.fi | |||
Platform that provides insights to help improve business performance and workplace culture. |
N/A | 1 to 10 | Espoo, Finland | •••••••••••@vibecatch.com | ||||
Provider of organic drinkable meals that meet daily nutrition needs in 2 minutes. |
N/A | 1 to 10 | Climate Tech & Green Tech, Health Tech | Espoo, Finland | •••••••••••@ambronite.com | |||
Optimizer for health and sports performance using scientifically proven and patented technology. |
N/A | 11 to 50 | Sportstech, Mobile | Espoo, Finland | •••••••••••@omegawave.com | |||
Messaging platform for companies to communicate sensitive information with end-to-end encryption. |
N/A | 11 to 50 | Espoo, Finland | •••••••••••@foilchat.com | ||||
System that fully automates and optimizes heating and cooling. |
N/A | 11 to 50 | Espoo, Finland | •••••••••••@optiwatti.com | ||||
Platform for managing diabetes and sharing health data with family and peers. |
N/A | 11 to 50 | Health Tech | Espoo, Finland | •••••••••••@dottli.com | |||
Platform for mastering social and emotional skills for wellbeing. |
N/A | 1 to 10 | Espoo, Finland | •••••••••••@mightifier.com | ||||
Hardware platform for scalable universal quantum computers using superconducting technology. |
N/A | 11 to 50 | Hardware, Creative Tools | Espoo, Finland | •••••••••••@meetiqm.com | |||
Popit improves medication adherence through smart consumer devices. We are on a mission to digitize medicine. |
N/A | 1 to 10 | Espoo, Finland | •••••••••••@popit.io | ||||
Medical solutions targeting skeletal deformities in a patient-friendly manner. |
N/A | 1 to 10 | Espoo, Finland | •••••••••••@synoste.com | ||||
Provider of integrated waste, wastewater, and water management systems for the marine and offshore industries. |
N/A | 1 to 10 | Espoo, Finland | •••••••••••@evac.com | ||||
Nordic Salesforce Platinum Consulting partner. We make customer data meaningful in the moments that matter the most. |
N/A | 51 to 100 | Espoo, Finland | •••••••••••@fluidogroup.com | ||||
Platform aiming to revolutionize the financial, environmental, and social impact of waste. |
N/A | 51 to 100 | Espoo, Finland | •••••••••••@enevo.com |
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