
Voima Ventures
Description
Voima Ventures is a prominent Nordic deep tech venture capital firm based in Helsinki, Finland, dedicated to investing purely in startups with strong deep tech and scientific backgrounds. The firm primarily targets seed and early-stage companies emerging from universities and research institutions across the Nordics, Baltics, and increasingly, broader Europe. Their investment thesis centers on supporting groundbreaking innovations that leverage scientific breakthroughs to create significant societal and industrial impact, spanning areas such as new materials, artificial intelligence, quantum technologies, biotech, and optics.
Voima Ventures distinguishes itself through its team's profound scientific and entrepreneurial expertise, offering more than just capital. They provide hands-on support, strategic guidance, and access to a vast network of industry experts, researchers, and potential customers, which is crucial for the complex and long development cycles often associated with deep tech ventures. This approach helps portfolio companies navigate the journey from lab to market, accelerating their growth and commercialization efforts.
The firm has demonstrated significant growth in its funding capacity. Voima Ventures successfully closed its second fund, Voima Ventures Fund II, at €90 million in 2022, bringing their total assets under management to approximately €130 million. This capital enables them to make initial investments ranging from hundreds of thousands to a few million euros, with substantial capacity for follow-on rounds. To date, Voima Ventures has built a robust portfolio, having invested in over 30 deep tech companies, solidifying its position as a key player in the European deep tech ecosystem.
Investor Profile
Voima Ventures has backed more than 48 startups, with 11 new investments in the last 12 months alone. The firm has led 30 rounds, about 63% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in Finland, Sweden, Germany.
- Strong thematic focus on Biotechnology, Artificial Intelligence (AI), Software.
- Led 7 rounds in the past year.
- Typical check size: $108K – $2.2M.
Stage Focus
- Seed (63%)
- Pre Seed (13%)
- Series A (13%)
- Series Unknown (8%)
- Series B (2%)
- Post Ipo Equity (2%)
Country Focus
- Finland (71%)
- Sweden (13%)
- Germany (4%)
- Norway (4%)
- Estonia (4%)
- United States (2%)
- United Kingdom (2%)
Industry Focus
- Biotechnology
- Artificial Intelligence (Ai)
- Software
- Life Science
- Health Care
- Machine Learning
- Quantum Computing
- Food And Beverage
- Electronics
- Medical
Frequently Asked Questions
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