Butterfly Ventures

Butterfly Ventures stands as a prominent seed-stage venture capital firm deeply rooted in the Nordic and Baltic regions, with its headquarters in Oulu, Finland, and additional offices in Helsinki, Stockholm, and Tallinn. The firm distinguishes itself by its sharp focus on deep tech, hardware, and hardware-interfacing software companies, identifying and nurturing innovative startups with high growth potential. Their investment thesis centers on supporting founders who are developing groundbreaking technologies that can disrupt established industries or create entirely new markets.

As an active and hands-on investor, Butterfly Ventures typically provides initial capital ranging from €100,000 to €1,000,000, which translates approximately to $108,000 to $1,080,000 based on recent exchange rates. This initial investment is often followed by significant additional funding throughout a company's lifecycle, potentially reaching up to €5 million per company. Beyond capital, the firm offers strategic guidance, operational support, and access to an extensive network, aiming to accelerate the growth and internationalization of its portfolio companies. Their commitment extends to helping startups navigate the complexities of product development, market entry, and scaling operations.

Butterfly Ventures has demonstrated a robust growth trajectory, exemplified by the successful closing of its fourth fund, Butterfly Ventures Fund IV, at €50 million in 2022. This substantial capital pool underscores their continued capacity to invest in promising early-stage ventures across their target geographies and sectors. With a track record of over 100 investments to date, the firm has built a diverse portfolio of companies that are at the forefront of technological innovation, contributing significantly to the vibrant startup ecosystems of the Nordics and Baltics. Their strategic approach positions them as a key partner for deep tech entrepreneurs seeking not just funding, but also invaluable expertise and long-term support.