Supporting
resilient
founders

Our goal is to be the first person the entrepreneur reaches out to in times of trouble and joy.

We are a sector agnostic early-stage (pre-seed and seed) investor that wants to partner with founders from the very beginning of their journey and support them throughout their growth. Our team has global experience in building and scaling companies both as founders and in various CxO roles. We invest in ambitious and determined teams that can one day become industry leaders.

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New investments

Pre-seed round

Paloceras

CEO: Mika Matikainen
Founders: Mika Matikainen, Minna Hurmerinta, Alexis Perron-Corriveau
Seed round

Saltz

CEO: Andrius Šlimas
Founders: Andrius Šlimas, Tomas Šlimas, Reinis Štrodahs
Pre-seed round

Candela 683

CEO: Kai Bäckman
Founders: Kai Bäckman, Luke Church
Seed round

Photoncycle

CEO: Bjørn Brandtzæg
Founder: Bjørn Brandtzæg
Angel round

Venga

CEO: Lucas von Hertzen
Founders: Lucas von Hertzen, Sina Rezaeipour, Jonas von Hertzen, Erik Nygren
Angel round

Robes Rental

CEO: Anna Sillanpää
Founders: Anna Sillanpää, Anton Holmberg, Otto Jaakonmäki, Josefina Kohvakka
Pre-seed round

Clouder

CEO: Tomi Grönlund
Founders: Tomi Grönlund, Emma Grönlund
Pre-seed round

Intergrid

CEO: Olli Kangas
Founders: Olli Kangas, Pasi Hakulinen, Mikko Ilmonen
Seed round

Metroc

CEO: Jussi Virnala
Founder: Jussi Virnala
Pre-seed round

Steady Energy

CEO: Tommi Nyman
Founders: Tommi Nyman, Hannes Haapalahti, Petteri Tenhunen
Seed round

Origin by Ocean

CEO: Mari Granström
Founder: Mari Granström
Pre-seed round

Solu

CEO: Sam Sihvonen
Founders: Sam Sihvonen, Timo Moilanen, Kerkko Visuri
Pre-seed round

somefrogs

CEO: Mona Ismail
Founders: Mona Ismail, Lorena Ferkic
Pre-seed round

Synergi

CEO: Antti Hämmäinen
Founders: Antti Hämmäinen, Harri Iisakka, Petrus Holm

Portfolio events

Funding round
Led by Solidium

Iceye

ICEYE raises oversubscribed growth funding round to expand Global SAR Leadership. Finnish sovereign wealth fund, Solidium Oy, leads the round.

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Iceye

Iceye empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. Iceye is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.

CEO: Rafal Modrzewski
Founders: Pekka Laurila, Rafal Modrzewski

2014
Founded
2015
Seed round
Led by True Ventures
2017
Series A
Led by Draper Nexus
2018
Series B
Led by True Ventures
2020
Series C
Led by True Ventures
2021
Series D
2024
Funding round
Led by Solidium
04/2024
Funding round

P2X Solutions

European energy company Alpiq acquires majority share of P2X Solutions. P2X Solutions, a Finnish forerunner of green hydrogen, and Alpiq, a leading Swiss energy services provider and European electricity producer, have agreed on a financing arrangement according to which Alpiq becomes the majority owner of P2X Solutions.

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P2X Solutions

As a developer of an emission-free welfare society P2X Solutions is a forerunner of the energy future – the company’s vision is to produce green hydrogen and refine it further into synthetic fuels in a cost-effective manner. P2X will construct a 20 MW electrolyzer plant, which runs on electricity produced by renewable energy and thus the final product will be green hydrogen. Part of the green hydrogen will be further refined utilizing Power-to-X technology.

CEO: Herkko Plit
Founders: Herkko Plit, Jukka Juola

2020
Founded
2021
Lifeline Ventures
Seed round
2022
Funding round
By Enersense, Prime Capital, Lifeline Ventures and Prime Capital
04/2024
Funding round
Led by Voima Ventures

Sooma

Sooma raised €5M Funding to expand access to At-Home depression treatment. The new funding will be used to accelerate Sooma’s product development and continue the company’s rapid expansion into new and existing markets. The round was led by the Nordic early-stage investor, Voima Ventures, which specializes in supporting science-based solutions.

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Sooma

Sooma is a Finnish medical device company developing non-invasive brain stimulation devices for treatment of neurological and psychiatric disorders. Sooma tDCS, a low threshold therapy solution for major depressive disorder, was launched at the end of 2014. The treatment is safe, effective, well tolerated and suitable for most people.

CEO: Tuomas Neuvonen
Founders: Jani Virtanen, Tuomas Neuvonen

2013
Founded
2015
Lifeline Ventures
Seed round
2019
Funding round
Led by Athensmed and IAG
2024
Funding round
Led by Voima Ventures
02/2024
Series A

Carbo Culture

Carbo Culture succeeded in securing a US$18.3M Series A funding round led by the Temasek-owned decarbonisation fund GenZero from Singapore and San Francisco-based venture capital firm True Ventures with participation from Tesi (Finnish Industry Investment Ltd) as well as notable climate tech investors and family offices.

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Carbo Culture

Carbo Culture carbonizes biomass waste into biocarbon products for soil and environmental applications. By rapidly converting carbon to a solid and stable form, the company prevents it from escaping back into the atmosphere for over 100 years. The products are frequently used across industries, in agriculture and research.

CEO: Pia Henrietta Moon
Founders: Pia Henrietta Moon, Christopher Carstens

2016
Founded
2018
Lifeline Ventures
Angel round
2021
Seed round
Led by True Ventures
2023
Series A
Led by GenZero and True Ventures
11/2023