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Butterfly Ventures

Europe, Oulu, Finland, Oulu

Description

One of the leading seed stage focused VCs in the Nordics. Looking for deep tech, hardware, and hardware interfacing software.

Investor Profile

Butterfly Ventures has made 73 investments, with 4 in the past 12 months and 40% as lead.

Stage Focus

  • Seed (63%)
  • Series Unknown (16%)
  • Pre Seed (16%)
  • Convertible Note (3%)
  • Series A (1%)

Country Focus

  • Finland (79%)
  • Sweden (8%)
  • Norway (4%)
  • Saudi Arabia (3%)
  • Estonia (1%)
  • Denmark (1%)
  • United States (1%)
  • Germany (1%)

Industry Focus

  • Software
  • Health Care
  • Information Technology
  • Electronics
  • Machine Learning
  • Manufacturing
  • Biotechnology
  • Industrial Automation
  • Mobile
  • Artificial Intelligence (Ai)
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Butterfly Ventures frequently co-invest with?

Chalmers Ventures AB
Europe, Vastra Gotaland, Sweden, Göteborg
Co-Investments: 3
NV
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 2
Stockholm Business Angels, STOAF
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 2
A&
Europe, Western Finland, Finland, Tampere
Co-Investments: 2
Superhero Capital
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2
European Innovation Council
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 1
Tesi
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 3
OH
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2
Almi Invest
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 3
Sitra
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2

Which angels does Butterfly Ventures often collaborate with?

NH
North America, Minnesota, United States, Finland
Shared Deals: 1
HT
Europe, Finland
Shared Deals: 1
LN
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 1
JK
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 1
EA
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 1
Shared Deals: 1
JO
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 1
ZS
North America, California, United States, San Francisco
Shared Deals: 2
JJ
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 1
KK
Europe, Southern Finland, Finland, Espoo
Shared Deals: 1

What are some of recent deals done by Butterfly Ventures?

Zenniz

Helsinki, Southern Finland, Finland

Zenniz is an ITF approved game tracking solution that provides real-time information.

SoftwareSportsTennis
Series UnknownMar 13, 2025
Amount Raised: $2,170,978
Happy Plant Protein

Sundsberg, Southern Finland, Finland

Happy Plant Protein develops a plant protein technology.

Food and BeveragePlant-Based Foods
Pre SeedNov 12, 2024
Amount Raised: $1,910,994
Flow Computing

Helsinki, Southern Finland, Finland

Flow Computing improves the CPU performance for AI and general-purpose parallel computing applications.

Pre SeedJun 11, 2024
Amount Raised: $4,291,233
10Lines

Tallinn, Harjumaa, Estonia

10Lines is developing autonomous parking lot marking robots and technological solutions in the industry of pavement marking.

Indoor PositioningInternet of ThingsNavigationRobotics
SeedApr 24, 2024
Amount Raised: $1,605,004
RiACT

Copenhagen, Hovedstaden, Denmark

RiACT provides a universal operating system for industrial robots as the interface between robotic hardware and intelligent robot.

Artificial Intelligence (AI)RoboticsSoftware
Series UnknownOct 12, 2023
Embedl AB

Gothenburg, Vastra Gotaland, Sweden

Efficient Deep Learning for Embedded Systems

Artificial Intelligence (AI)Embedded SystemsMachine LearningSoftware
Series UnknownJun 20, 2023
Amount Raised: $4,171,332
Retein

Göteborg, Vastra Gotaland, Sweden

Retein is a greentech company that produces pure water at minimum energy cost.

Energy
SeedApr 20, 2023
Amount Raised: $1,067,034
Reactional Music

Stockholm, Stockholms Lan, Sweden

Reactional Music is the revolutionary gesture based instrument.

GamingHealth CareMusicPC GamesSoftware
SeedApr 12, 2023
Amount Raised: $2,050,000
CooliBlade

Oulu, Oulu, Finland

CooliBlade provides thermal management solutions.

ElectronicsIndustrial Engineering
SeedNov 17, 2022
Amount Raised: $849,615
Intelecy

Oslo, Oslo, Norway

Intelecy is a fast-growing Norwegian technology company.

IndustrialInformation TechnologyMachine Learning
Series UnknownMay 4, 2022
Amount Raised: $1,190,722