Best Startups In Finland You Should Know!

20 Coolest Finnish Startups You Should Know About!

  

Finland startup ecosystem has been experiencing a huge growth since 2010. The country has been introducing new businesses in the gaming, software, technology, edtech, healthcare, internet, AI, fintech industries.

 


  

Here Is The List Of 20 Coolest Startups In Finland:

  

1. Wolt:

 

 

An online food ordering and delivery service that takes orders via a mobile app. Wolt allows any restaurant to sign up as a merchant, mediating the order from the customer, taking care of the delivery and automatic payment by credit card.

Year Founded: 2014

Total Funding: $15.5M in 3 funding rounds
Last Funding Type: Series A, on Apr 15, 2016
Lead Investors: EQT Ventures, Inventure Oy & Lifeline Ventures

  

2. Nosto:

 

 

An e-commerce platform providing product recommendations based on individual behavioral data. Nosto analyzes hundreds of thousands of data points across your store in real-time, to help you go beyond the numbers and see the individual.

Year Founded: 2011

Total Funding: $25.4M in 3 funding rounds
Last Funding Type: Debt Financing, on Jul 13, 2017
Lead Investors: European Investment Bank (EIB) & Wellington Partners

  

3. HappyOrNot:

 

 

HappyOrNot is a Finnish company that specializes in instant customer and employee satisfaction reporting. It is the company behind creating the globally-recognisable ‘Smiley’ feedback system. With over 25,000 physical ‘Smiley Terminals’ in airports, office spaces, and retail outlets around the world, the company generates employee and customer feedback data on an unprecedented scale.

Year Founded: 2009

Total Funding: $15.2M in 2 funding rounds
Last Funding Type: Series A, on Oct 12, 2017
Lead Investor: Northzone

  

4. Jongla:

 

 

A multicultural Finnish startup company that develops disrupting messaging innovations for businesses and consumers. Jongla offers device and platform-independent mobile messaging solutions that enable users to interact with others. It is an innovative start-up company, specializing in device and platform independent mobile messaging.

Year Founded: 2009

Total Funding: €11M in 4 funding rounds
Last Funding Type: Series B, on Nov 16, 2016
Lead Investors: Kontino Invest Oy, Circlion Capital Oy, Oy Ingman Finance Etc.

  

5. Wirepas:

 

 

A privately owned company that offers wireless communication solutions to connect Internet of Things (IoT). Wirepas is a de-centralized IoT network protocol that can be used to connect, locate and identify lights, sensors, beacons, assets, machines and meters in cities, buildings, industry, logistics and energy – with unprecedented scale, density, flexibility and reliability.

Year Founded: 2010

Total Funding: €7.5M in 2 rounds of equity funding (A and B)
Last Funding Type: Equity Crowdfunding, on Jan 19, 2017
Shareholders: Environmental Technology Fund (London, UK), Inventure Investment Fund (Helsinki, FI), Vito Ventures (Munich, DE)

  

6. Yepzon:

 

 

A location device manufacturer and service provider that offers consumers and the enterprise market with an unparalleled system incorporating three integrated location capturing technologies. Yepzon tracks the location every 10 seconds when needed. EASY TO USE YEPZON APP – Yepzon app works with any mobile device and requires no passwords and no registrations.

Year Founded: 2013

Total Funding: €6.5M in 7 funding rounds
Last Funding Type: Equity Crowdfunding, on Sep 28, 2017
Lead Investors: Innovestor

  

7. Valossa:

 

 

An AI-powered video intelligence and recognition platform, that combines multimodal video analysis and recognition with interactive tools that enable inspection and overviews of video content. Valossa provides unparalleled AI capabilities to capture new value of video with advanced video recognition and search. It’s AI-powered software and services enable a new generation of analytics, content management tools as well as methods of monetizing video.

Year Founded: 2015

Total Funding: $2.7M in 2 funding rounds
Last Funding Type: Series A, on Sep 6, 2017
Lead Investors: 01Ventures & Butterfly Ventures

  

8. Thirdpresence:

 

 

A Web-based software-as-a-services platform that enables mobile video publishing services. Thirdpresence creates the best in-app brand environment and user experience for video advertising. Match your branding objectives with a large-scale video audience and get results.

Year Founded: 2007

Total Funding: $6.3M in 7 funding rounds
Last Funding Type: Seed-Series Unknown, Feb 21, 2018
Lead Investors: Tekes

  

9. Traplight:

 

 

TrapLight Games is a Tampere based F2P mobile games. It’s products are a mix of engaging free-to-play gameplay and high-quality player created content. It is on a mission to revolutionise User-Generated Content (UGC) games.

Year Founded: 2010

Total Funding: $4.6M in 3 funding rounds
Last Funding Type: Venture- Series Unknown, Mar 23, 2017
Lead Investors: Korea Investment Partners & Initial Capital

  

10. Confidex:

 

 

Confidex is a supplier of contactless ticketing and RFID tag solutions to make supply chains, transactions, and authentication more secure.

Year Founded: 2005

Total Funding: $10.4M in 2 funding rounds
Last Funding Type: Venture- Series Unknown, on Feb 1, 2010
Lead Investors: Logispring

  

11. Silo.AI:

 

 

Silo.AI is a builder of an artificial intelligence as a service that. The company’s private AI research lab provides their customers with access to the world’s leading AI experts and a full deployment infrastructure to build AI solutions of unprecedented value.

Year Founded: 2017

Specialties:
Artificial intelligence, machine learning, neural networks, image recognition, deep learning, bayesian network, and natural language processing

  

12. Futurefly:

 

 

Futurefly is a social AR and 3D studio, built up of veterans from the gaming scene & computer vision specialists.

Year Founded: 2014

Total Funding: $3M in 1 funding round
Last Funding Type: Seed- Series Unknown, on Sep 11, 2015
Lead Investors: Visionplus

  

13. Blok:

 

 

A Digital real estate agent and one of Finland’s biggest startup sensations. It aims to make apartment and house sales more cheap and efficient through an automated service. Blok, through it’s online platform, takes care of most routine tasks related to apartment sales, such as valuation (where the AI comes in), photographing, marketing and handling of documents.

Year Founded: 2017

Total Funding: €1.6M in 2 funding rounds
Last Funding Type: Venture- Series Unknown, on Feb 8, 2018
Lead Investors: Bonnier Ventures, Lifeline Ventures, Picus Capital & FiBAN – Finnish Business Angels Network

  

14. Grundium:

 

 

Grundium is a developer of an innovative portable digital microscope scanner. The company provides imaging and multi-camera solution to industries, such as transportation, biotechnology, industry, and professional imaging.

Year Founded: 2015

Total Funding: €2M in 1 funding round
Last Funding Type: Venture- Series Unknown, on Dec 1, 2017
Investor: Ascend Capital Partners

  

15. Beemray:

 

 

BeemRay is an audience intelligence platform that offers Location Data as a Service. It enables publishers & broadcasters to build 1st party audiences based on precise locations, content & context; across the entire inventory.

Year Founded: 2014

Total Funding: €1.5M in 1 funding round
Last Funding Type: Seed- Series Unknown
Lead Investor: Wall Street Financial

  

16. PlayRaven:

 

 

PlayRaven is a boutique game development studio employing an international team of hand-picked industry veterans with years of experience from famous companies such as Remedy Entertainment, Rockstar Games, Supercell, Wooga and Unity.

Year Founded: 2013

Total Funding: $6.4M in 2 funding rounds
Last Funding Type: Series A, on Dec 10, 2014
Lead Investor: Northzone

  

17. WordDive:

 

 

An artificial intelligence (AI) based unique online and mobile application for learning languages. WordDive combines the best of Finnish education know-how and game industry.

Year Founded: 2009

Total Funding: €1.3M in 1 funding round
Last Funding Type: Equity Crowdfunding, on Dec 19, 2016
Investor: Invesdor

  

18. Flashnode:

 

 

Flashnode is an integration service connecting the most popular, cloud-based softwares in the world. Their goal is to automate and optimize our customers’ businesses with the help of automation.

Year Founded: 2014

Total Funding: €2.6M in 2 funding rounds
Last Funding Type: Seed- Series Unknown, on Jun 28, 2017
Lead Investor: Spintop Ventures

  

19. Forciot:

 

 

A technology start-up company that delivers high-quality sensor-based IOT solutions and provide related integration services. FORCIOT technology is based on expertise from a highly experienced engineering team flavored with researchers in wearable and elastic electronics from Tampere University of Technology.

Year Founded: 2015

Specialties:
Sensor technology, Wearable electronics, and IOT

  

20. Koukoi:

 

 

Koukoi is a developer of mobile games with high production value and broad experiences that focuses on producing and publishing original and licensed IP mobile games.

Year Founded: 2015

Total Funding: $2M in 2 funding rounds
Last Funding Type: Venture- Series Unknown, on Oct 11, 2016
Lead Investors: Tekes, IPR.VC & Mikko Silventola

  

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