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VTT Ventures

Europe, Southern Finland, Finland, Espoo

Description

VTT Ventures Ltd. is the dedicated corporate venture arm and a fully owned subsidiary of VTT Technical Research Centre of Finland Ltd., a leading research and technology organization in Northern Europe. Established with the explicit mission to commercialize VTT's extensive research and intellectual property, the firm plays a crucial role in transforming cutting-edge scientific innovations into viable high-tech companies. Its strategic focus is on creating and nurturing spin-off companies directly leveraging VTT's world-class expertise and patented technologies, thereby bridging the gap between advanced research and market application.

The firm primarily targets deep tech ventures, investing across a diverse range of sectors that include clean technologies, industrial innovations, health tech, and digital solutions. VTT Ventures typically engages with companies at the seed and early growth stages, providing not only capital but also strategic guidance and access to VTT's vast network of researchers, facilities, and industry connections. This hands-on approach is designed to accelerate the development and market entry of complex, science-based products and services.

VTT Ventures' initial investments typically range from €50,000 to €500,000. Converting these figures, this translates to approximately $54,500 to $545,000 USD, based on a 1.09 EUR to USD exchange rate. Beyond the initial capital injection, VTT Ventures also offers the potential for follow-on investments, supporting its portfolio companies as they scale and achieve key milestones. The firm's unique position as an integral part of VTT allows it to offer unparalleled access to scientific validation, technical development resources, and a deep understanding of the underlying technologies, making it a distinctive partner for science-based startups emerging from Finland's robust research ecosystem.

Investor Profile

VTT Ventures has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 13% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in Finland.
  • Strong thematic focus on Product Design, Manufacturing, Electronics.
  • Typical check size: $54.5K – $545K.

Stage Focus

  • Seed (43%)
  • Series Unknown (30%)
  • Series B (13%)
  • Series A (13%)

Country Focus

  • Finland (100%)

Industry Focus

  • Product Design
  • Manufacturing
  • Electronics
  • 3d Technology
  • Automotive
  • Internet Of Things
  • Lighting
  • Biotechnology
  • Semiconductor
  • Energy
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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 VTT Ventures frequently co-invest with?

Business Finland
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 5
Lifeline Ventures
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 7
Nordea
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 1
CF
Co-Investments: 2
Leaguer Venture Capital
Asia, Guangdong, China, Shenzhen
Co-Investments: 3
Finnvera Venture Capital
Europe, Eastern Finland, Finland, Kuopio
Co-Investments: 5
CN
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
Conor Venture Partners
Europe, Southern Finland, Finland, Espoo
Co-Investments: 4
Tesi
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2
Inventure
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2

Which angels does VTT Ventures often collaborate with?

Shared Deals: 1

What are some of recent deals done by VTT Ventures?

Solar Foods

Helsinki, Southern Finland, Finland

Solar Foods is a food technology company that develops Solein, an alternative to animal-derived proteins.

BiotechnologyEnergyFood Processing
Series BNov 16, 2023
Amount Raised: $8,682,562
Infinited Fiber Company

Espoo, Southern Finland, Finland

Infinited Fiber Company is on a mission to make circular fashion and textiles an everyday reality

Biotechnology
Series BMay 31, 2023
Amount Raised: $13,903,000
Dispelix

Espoo, Southern Finland, Finland

Dispelix develops and delivers see-through waveguide combiners that are used as transparent displays in extended reality (XR) devices.

Augmented RealityManufacturingProduct DesignSemiconductor
Series BNov 8, 2021
Amount Raised: $32,909,488
Dispelix

Espoo, Southern Finland, Finland

Dispelix develops and delivers see-through waveguide combiners that are used as transparent displays in extended reality (XR) devices.

Augmented RealityManufacturingProduct DesignSemiconductor
Series ANov 2, 2018
Amount Raised: $13,664,313
Solar Foods

Helsinki, Southern Finland, Finland

Solar Foods is a food technology company that develops Solein, an alternative to animal-derived proteins.

BiotechnologyEnergyFood Processing
Series UnknownMar 23, 2018
Amount Raised: $2,471,898
Quanturi Oy

Espoo, Southern Finland, Finland

Quanturi Develops And Markets Connected Objects And Solutions For The Analysis Of Associated Data.

AgricultureAnalyticsInformation ServicesInformation Technology
Series UnknownFeb 26, 2018
Amount Raised: $1,500,000
Minima Processor

Oulu, Oulu, Finland

Minima Processors technology enables energy efficiency improvement of up to 20x in digital processors compared to legacy solutions.

EnergySemiconductor
SeedMay 31, 2017
Amount Raised: $6,181,970
FocalSpec

Oulu, Oulu, Finland

FocalSpec is a privately held Finnish high tech company

3D TechnologyElectrical DistributionElectronicsHardwareManufacturing
Series UnknownMar 17, 2017
Amount Raised: $3,761,625
TactoTek

Oulu, Oulu, Finland

TactoTek manufactures 3D structural electronics by integrating printed circuitry and electronic components into injection-molded plastics.

3D TechnologyAutomotiveElectronicsInternet of ThingsLightingProduct Design
Series UnknownFeb 21, 2017
Amount Raised: $9,200,000
Desentum

Espoo, Southern Finland, Finland

Desentum is a biotechnology company in Finland developing an allergy vaccine that harnesses the immune system.

BiotechnologyPharmaceutical
Series AJan 23, 2017
Amount Raised: $1,990,461