Inventure logo

Inventure

Europe, Southern Finland, Finland, Helsinki

Description

Inventure is a prominent Helsinki-based venture capital firm established in 2005, renowned for its focus on early-stage technology companies across the Nordic and Baltic regions. The firm positions itself as a hands-on investor, providing strategic support beyond capital to help its portfolio companies scale. Inventure targets promising startups from Seed to Series A rounds, aiming to identify and nurture the next generation of regional tech leaders.

The firm is currently deploying capital from its fifth and largest fund, Inventure Fund V, which successfully closed at €150 million in 2022. This latest fund brings their total capital under management to over €350 million across all their vehicles. Inventure's investment strategy typically involves initial checks ranging from €500,000 to €5 million, reflecting their commitment to providing substantial early-stage funding. This flexible approach allows them to back companies with strong potential across various sectors, including deep tech, SaaS, consumer, health tech, and gaming.

A core tenet of Inventure's approach is active portfolio support, particularly in talent acquisition and international expansion, aligning with their stated mission to help companies grow globally. They offer extensive operational expertise in areas such as growth strategy, finance, legal, and marketing, leveraging their deep network and experience. Over the years, Inventure has built an impressive portfolio of over 80 companies, demonstrating their consistent activity in the Nordic and Baltic startup ecosystem. Their track record includes more than 20 successful exits, with notable examples like the acquisition of food delivery giant Wolt by DoorDash and mobile gaming studio Small Giant Games by Zynga, underscoring their ability to back high-growth ventures.

This comprehensive support system and proven investment acumen solidify Inventure's position as a key player in the Northern European venture capital landscape, actively contributing to the development and internationalization of innovative tech companies.

Investor Profile

Inventure has backed more than 146 startups, with 6 new investments in the last 12 months alone. The firm has led 69 rounds, about 47% of its total and boasts 18 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Finland, Sweden, United States.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Information Technology.
  • Led 3 rounds in the past year.
  • Typical check size: $540K – $5.4M.

Stage Focus

  • Seed (44%)
  • Series A (27%)
  • Series Unknown (12%)
  • Series B (10%)
  • Pre Seed (5%)
  • Series C (2%)

Country Focus

  • Finland (42%)
  • Sweden (26%)
  • United States (6%)
  • United Kingdom (6%)
  • Denmark (5%)
  • Estonia (3%)
  • Germany (2%)
  • Hungary (2%)
  • Latvia (1%)
  • Lithuania (1%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Health Care
  • Saas
  • Mobile
  • Analytics
  • Internet Of Things
  • E-commerce
  • Internet
circle-line
FAQ

Frequently Asked Questions

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

Who does Inventure frequently co-invest with?

Day One Capital
Europe, Budapest, Hungary, Budapest
Co-Investments: 7
First Fellow Partners
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 8
Lifeline Ventures
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 10
Norrsken VC
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 5
Reaktor Ventures
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 4
Partech
Europe, Ile-de-France, France, Paris
Co-Investments: 4
Finnvera Venture Capital
Europe, Eastern Finland, Finland, Kuopio
Co-Investments: 4
Illusian Family Office
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 4
Tesi
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 13
PSV
Europe, Hovedstaden, Denmark, Lyngby
Co-Investments: 6

Which angels does Inventure often collaborate with?

FH
Europe, Vastra Gotaland, Sweden, Gothenburg
Shared Deals: 2
JB
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 2
RS
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 3
IP
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 3
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 3
MR
Europe, England, United Kingdom, London
Shared Deals: 2
JT
Europe, Harjumaa, Estonia, Tallinn
Shared Deals: 2
JL
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 4
HJ
Europe, Skane Lan, Sweden, Malmö
Shared Deals: 2
EQ
Europe, Berlin, Germany, Berlin
Shared Deals: 2

What are some of recent deals done by Inventure?

Hamina Wireless

Helsinki, Southern Finland, Finland

Hamina Wireless is a tool for designing wireless networks, from Wi-Fi 6E to 4G, 5G, BLE, Zigbee, and more.

SeedJul 18, 2025
Samphire Neuroscience

London, England, United Kingdom

Samphire Neuroscience provides neurotechnology solutions that specialize in women's health.

FitnessHealth CareNeurosciencePersonal HealthWellness
SeedJun 3, 2025
Amount Raised: $5,000,000
Hedera Dx

Epalinges, Vaud, Switzerland

A diagnostics platform that makes liquid biopsies a reality in cancer care

Health CareOncology
Series AMay 27, 2025
Amount Raised: $17,101,598
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
Avenue Biosciences

Palo Alto, California, United States

Avenue Biosciences is a transatlantic biotech business that specializes on innovative protein engineering technologies.

Biotechnology
SeedOct 22, 2024
Amount Raised: $2,500,000
Moncyte Health

Helsinki, Southern Finland, Finland

Moncyte Health is developing a patented technology to optimize the treatment and prevention of cardiovascular disease.

Health DiagnosticsMedical Device
SeedOct 8, 2024
Amount Raised: $1,097,549
Biomatter

Vilnius, Vilniaus Apskritis, Lithuania

Biomatter is a synthetic biology company that creates new proteins for health and sustainable manufacturing applications.

BiotechnologyPharmaceutical
SeedAug 5, 2024
Amount Raised: $7,090,187
Steep

Stockholm, Stockholms Lan, Sweden

Steep is a BI tool for modern companies. Built for the semantic layer, it’s intuitive and easy for everyone in the organization.

AnalyticsData CenterSoftware
SeedJul 3, 2024
Amount Raised: $4,297,619
Toddle

Copenhagen, Hovedstaden, Denmark

No-code alternative to full-featured Javascript frameworks - built-in live collaboration, version control and hosting

AppsSoftwareWeb Development
SeedMar 1, 2024
Amount Raised: $4,300,000
Reveel

Helsinki, Southern Finland, Finland

The modern Platform for enhancing the visitor experience in the world's destinations

Museums and Historical SitesProduct DesignSmart CitiesSoftwareTour OperatorTourismTravel
Pre SeedFeb 7, 2024
Amount Raised: $700,405