Innovestor logo

Innovestor

Europe, Southern Finland, Finland, Helsinki

Description

Innovestor is a prominent Helsinki-based venture capital firm and financial services company with a strong focus on the Nordic and Baltic regions. Established as a key player in the Northern European startup ecosystem, the firm primarily targets early-stage and growth companies, aiming to fuel their expansion and innovation. Their dual operational model allows them to not only provide capital but also leverage their financial expertise to support portfolio companies, fostering a holistic approach to venture building.

Investor Profile

Innovestor has backed more than 75 startups, with 13 new investments in the last 12 months alone. The firm has led 48 rounds, about 64% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Finland, Sweden, Denmark.
  • Strong thematic focus on Software, Health Care, Information Technology.
  • Led 4 rounds in the past year.
  • Typical check size: $540K – $5.4M.

Stage Focus

  • Series Unknown (35%)
  • Seed (33%)
  • Series A (13%)
  • Pre Seed (12%)
  • Series B (4%)
  • Equity Crowdfunding (1%)
  • Series C (1%)

Country Focus

  • Finland (76%)
  • Sweden (7%)
  • Denmark (7%)
  • United States (4%)
  • Russian Federation (1%)
  • Lithuania (1%)

Industry Focus

  • Software
  • Health Care
  • Information Technology
  • Saas
  • Manufacturing
  • Electronics
  • Artificial Intelligence (Ai)
  • Medical
  • Medical Device
  • Mobile
circle-line
FAQ

Frequently Asked Questions

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

Who does Innovestor frequently co-invest with?

Business Finland
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 3
Lifeline Ventures
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2
Aura Ventures
Oceania, New South Wales, Australia, Sydney
Co-Investments: 2
Hadean Ventures
Europe, Oslo, Norway, Oslo
Co-Investments: 2
Industrifonden
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 3
Export and Investment Fund
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 3
North-East Venture
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 2
Visionplus
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2
Born2Grow
Europe, Baden-Wurttemberg, Germany, Heilbronn
Co-Investments: 2
Inventure
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2

Which angels does Innovestor often collaborate with?

CD
North America, California, United States
Shared Deals: 1
Murat Abdrakhmanov
Asia, Kazakhstan
Shared Deals: 1
LJ
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 1
JA
North America, New York, United States, New York
Shared Deals: 2
AO
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 2
AM
Europe, Andalucia, Spain, Marbella
Shared Deals: 2
TS
Europe, Zurich, Switzerland, Zürich
Shared Deals: 1
KH
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 1
PM
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 1
MH
Europe, Southern Finland, Finland, Espoo
Shared Deals: 1

What are some of recent deals done by Innovestor?

Actithera

Oslo, Oslo, Norway

Actithera is a molecular radiotherapeutic company that develops radioligand therapies.

BiotechnologyHealth CareLife ScienceMedicalTherapeutics
Series AJul 9, 2025
Amount Raised: $75,500,000
CloEE

Helsinki, Southern Finland, Finland

CloEE is an AI Digital Advisor for Continuous Improvement in Discrete Manufacturing Companies

Artificial Intelligence (AI)Big DataBusiness IntelligenceData ManagementGenerative AIInternet of ThingsSaaS
Pre SeedJun 23, 2025
Amount Raised: $600,000
Tribune Therapeutics

Stockholm, Stockholms Lan, Sweden

Tribune Therapeutics specializes in building promising pipeline of novel medicines to treat patients with a wide range of fibrotic diseases.

BiotechnologyPharmaceuticalTherapeutics
Series AMar 26, 2025
Amount Raised: $24,838,523
Capalo AI

Kuopio, Eastern Finland, Finland

Capalo AI offers a state-of-the-art Artificial Intelligence platform for the energy industry.

Artificial Intelligence (AI)
SeedMar 19, 2025
Amount Raised: $4,158,122
Bahn Express

Helsinki, Southern Finland, Finland

Bahn Express is a global car transportation company.

LogisticsSupply Chain ManagementTransportation
Pre SeedFeb 28, 2025
Amount Raised: $955,787
Aplagon

Helsinki, Southern Finland, Finland

Aplagon is committed to bringing unique, effective antithrombotic medicines with important safety advantages to patients with unmet needs.

Pharmaceutical
Series UnknownFeb 3, 2025
Amount Raised: $7,168,488
Gesynta Pharma

Stockholm, Stockholms Lan, Sweden

Drug candidates with a unique mechanism of action, aiming to reduce inflammation and pain. Vipoglanstat to enter phase II for endometriosis.

BiopharmaHealth CarePharmaceutical
Series BJan 20, 2025
Amount Raised: $27,270,688

SaaS, Sales, Automation

Marketing AutomationSaaSSalesSales AutomationSoftware
Pre SeedJan 17, 2025
Amount Raised: $309,075
Neumirna Therapeutics

Copenhagen, Hovedstaden, Denmark

Neumirna Therapeutics is a Danish pharmaceutical start-up based in Copenhagen.

Pharmaceutical
Series AJan 8, 2025
Amount Raised: $20,708,264

Clair Scientific Nebula is a fully automated microscope based on game-changing new imaging technology

BiotechnologyLife Science
Series UnknownNov 1, 2024
Amount Raised: $1,743,097