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Maki.vc

Europe, Southern Finland, Finland, Helsinki

Description

Maki.vc is a Helsinki-based early-stage venture capital firm renowned for partnering with ambitious deep tech and brand-driven companies. Established with a clear vision to challenge category norms, the firm primarily focuses on innovative startups emerging from the Nordic and Baltic regions, while also extending its reach to promising ventures across Europe. Their investment thesis centers on identifying companies with strong founding teams, bold visions, and a commitment to building truly novel solutions, often spanning areas like B2B SaaS, AI, sustainable technologies, and disruptive consumer brands.

The firm typically engages at the Seed and Series A stages, providing crucial capital and strategic support to help companies scale. Maki.vc's initial investments generally range from €500,000 to €2.5 million, which translates to approximately $540,000 to $2,700,000 USD based on current exchange rates. Beyond capital, Maki.vc is known for its hands-on approach, offering operational expertise, network access, and guidance to its portfolio companies, fostering their growth from early development through significant scaling milestones.

Maki.vc has demonstrated a strong commitment to the European startup ecosystem through its successful fundraises. The firm launched its inaugural fund in 2018, securing €80 million in commitments, which allowed them to back a diverse range of promising startups. Building on this success, Maki.vc announced and subsequently closed its second fund, Maki.vc Fund II, at €100 million in March 2023, further solidifying its capacity to support the next generation of European innovators. This successive fundraising underscores their reputation as a significant player in the early-stage venture landscape, dedicated to nurturing groundbreaking companies with global potential.

Investor Profile

Maki.vc has backed more than 81 startups, with 13 new investments in the last 12 months alone. The firm has led 35 rounds, about 43% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in Finland, Norway, United Kingdom.
  • Strong thematic focus on Software, Information Technology, Health Care.
  • Led 4 rounds in the past year.
  • Typical check size: $540K – $2.7M.

Stage Focus

  • Seed (52%)
  • Series A (27%)
  • Pre Seed (9%)
  • Series Unknown (7%)
  • Series B (2%)
  • Convertible Note (1%)
  • Series C (1%)

Country Focus

  • Finland (59%)
  • Norway (9%)
  • United Kingdom (7%)
  • Germany (5%)
  • Denmark (5%)
  • France (4%)
  • Sweden (4%)
  • United States (2%)
  • The Netherlands (2%)

Industry Focus

  • Software
  • Information Technology
  • Health Care
  • Saas
  • Biotechnology
  • E-commerce
  • Artificial Intelligence (Ai)
  • Analytics
  • Hardware
  • Financial Services
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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 Maki.vc frequently co-invest with?

Creator Fund
Europe, England, United Kingdom, London
Co-Investments: 3
First Fellow Partners
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 4
Crowberry Capital
Europe, Gullbringusysla, Iceland, Reykjavík
Co-Investments: 3
Tencent
Asia, Guangdong, China, Shenzhen
Co-Investments: 4
Vendep Capital
Europe, Southern Finland, Finland, Espoo
Co-Investments: 3
European Innovation Council
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 4
Tesi
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 10
HV Capital
Europe, Bayern, Germany, Munich
Co-Investments: 3
Sondo Capital
Europe, Oslo, Norway, Oslo
Co-Investments: 4
Firstminute Capital
Europe, England, United Kingdom, London
Co-Investments: 4

Which angels does Maki.vc often collaborate with?

AP
North America, California, United States, San Francisco
Shared Deals: 1
IP
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 2
John Lindfors
Asia, Hong Kong Island, Hong Kong, Hong Kong
Shared Deals: 2
AO
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 2
OH
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 2
GS
Europe, Denmark
Shared Deals: 2
HK
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 2
VM
Europe, Finland
Shared Deals: 2
DH
Europe, Gullbringusysla, Iceland, Reykjavík
Shared Deals: 2
CG
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1

What are some of recent deals done by Maki.vc?

Ever Dye

Paris, Ile-de-France, France

Ever Dye innovates in the fashion industry by developing ecological dyeing processes for the textile industry.

ChemicalFashionGreenTechTextiles
Series AJun 25, 2025
Amount Raised: $17,436,974
ONiO

Oslo, Oslo, Norway

ONiO is a semiconductor company that brings self-powered, batteryless solutions to the IoT market.

BatteryInternet of ThingsSemiconductor
Series AJun 18, 2025
Amount Raised: $5,754,104
deepdots

Copenhagen, Hovedstaden, Denmark

deepdots is an AI business creating a platform that compiles user reviews into one location and analyzes everything automatically.

AnalyticsArtificial Intelligence (AI)Internet
SeedJun 2, 2025
Amount Raised: $6,259,133
Volare

Uusimaa, Southern Finland, Finland

Circular economy - Upcycle industrial food waste into high quality protein, oil and fertilizer ingredients

Food and Beverage
Series UnknownMay 27, 2025
Amount Raised: $29,642,770
Lightsonic

Kristiansund, More og Romsdal, Norway

Lightsonic develops intelligent monitoring solutions.

Artificial Intelligence (AI)Machine LearningSoftware
SeedMay 6, 2025
Amount Raised: $3,734,722
IXI

Espoo, Southern Finland, Finland

IXI is redefining vision correction with the world’s first adaptive eyewear, providing seamless clarity wherever you look.

Eyewear
Series AApr 28, 2025
Amount Raised: $36,500,000
TrackSights

Copenhagen, Hovedstaden, Denmark

TrackSights is a platform that provides immediate, actionable insights by combining and streamlining data from the automobile market.

Pre SeedFeb 25, 2025
Amount Raised: $1,053,383
Ever (evercars.com)

San Francisco, California, United States

Ever is an automotive and technology company that helps its customers buy and sell high-quality electric vehicles.

AutomotiveE-CommerceE-Commerce PlatformsElectric VehicleRetailRetail Technology
SeedDec 31, 2024
Amount Raised: $13,500,000
AISTI

Jyväskylä, Western Finland, Finland

AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free.

Building MaterialConstruction
Series ADec 12, 2024
Amount Raised: $30,373,298
Quanscient

Tampere, Western Finland, Finland

Quanscient develops a multiphysics simulation software utilizing quantum computing algorithms to improve simulation technology.

Information TechnologyQuantum ComputingSaaSSimulation
Series ANov 5, 2024
Amount Raised: $5,685,689