Europe
Finland AI startups & tech ecosystem (2026)
Helsinki gaming and AI heritage. Finland is home to 75 AI & tech startups, 12 investors, and 4 tracked founders and operators, with the largest hub in Helsinki. Total tracked funding to date: $12.9B.
Across 11 cities, the largest startup hubs are Helsinki (38 startups, $3.3B raised), Espoo (19 startups, $5.6B raised), and Tampere (5 startups, $243.2M raised). The most active sectors are Artificial Intelligence, Sustainability, Climate Tech, HealthTech, and Industrial Automation.
Top Finland startups by total score include Wolt, Smartly.io, Grundium, F Secure, and Vexlum — browse the full ranked list below or jump straight into search.
- 1Wolt73Helsinki
- 2Smartly.io71Helsinki$5.0M
- 3Grundium71Tampere$63.0M
- 4F Secure70Helsinki$39.9M
- 5Vexlum70Tampere$17.9M
- 6RELEX70Helsinki$1.0B
- 7Hostaway67Helsinki$540.0M
- 8Leadoo Marketing Technologies63Helsinki$6.0M
- 9Algorithmiq62Helsinki$38.1M
- 10Rovio62Espoo$63.0M
- 11IQM Quantum Computers60Espoo$532.9M
- 12Quanscient60Espoo$10.3M
- 13Varjo60Helsinki$108.9M
- 14ICEYE60Espoo$750.0M
- 15Retispec59Oulu$11.1M
- 16Oura59Oulu$3.5B
- 17Photomath59Helsinki$1.0M
- 18IQM58Espoo$516.0M
- 19Silo AI55Helsinki$10.0M
- 20Nordic Salt Cycle55Helsinki$41.8M
- 21Resand54Nuutajärvi$26.0M
- 22Curipod54Helsinki$4.8M
- 23Serviceform54Helsinki$5.1M
- 24QyTw054Helsinki$29.0M
- 25Wamo54Helsinki$15.0M
- 26IQM Quantum54Espoo$902.4M
- 27Kelluu54$17.3M
- 28Norsepower54Helsinki$513.2M
- 29TheStorage54Tampere$6.8M
- 30Capalo AI52Kuopio$11.0M
- 31Doublepoint52Helsinki$4.5M
- 32QuTwo51Helsinki$27.0M
- 33GoByBike50$142.0M
- 34Nosto49Helsinki$23.0M
- 35Surgify49Espoo$7.9M
- 36Sensmet49Oulu$4.1M
- 37Spindrive49Lappeenranta$11.7M
- 38Steerpath48Espoo$1.7M
- 39Retailgrid47Helsinki$358.0K
- 40Skyfora46Helsinki$7.5M
| # | Company | City | Funding | Score |
|---|---|---|---|---|
| 1 | Wolt Delivery unicorn that scaled throughout Europe on product and discipline. | Helsinki | — | 73 |
| 2 | Smartly.io Automates creative production and ad buying for social media advertising. | Helsinki | $5.0M | 71 |
| 3 | Grundium Digital pathology imaging technology and AI-driven precision pathology software. | Tampere | $63.0M | 71 |
| 4 | F Secure Finnish cybersecurity company providing award-winning security and privacy solutions for consumers. | Helsinki | $39.9M | 70 |
| 5 | Vexlum Developing compact, cost-effective, high-power laser sources at precise wavelengths for quantum computing, atomic clocks, and other advanced technologies. | Tampere | $17.9M | 70 |
| 6 | RELEX AI-powered retail planning and execution platform for supply chain optimization. | Helsinki | $1.0B | 70 |
| 7 | Hostaway | Helsinki | $540.0M | 67 |
| 8 | Leadoo Marketing Technologies A conversion platform helping businesses turn passive website visitors into active leads and customers. | Helsinki | $6.0M | 63 |
| 9 | Algorithmiq Quantum software company enabling breakthroughs in chemistry, materials science, and life sciences. | Helsinki | $38.1M | 62 |
| 10 | Rovio Developer of mobile games, most famously the Angry Birds franchise. | Espoo | $63.0M | 62 |
| 11 | IQM Quantum Computers Designs and builds quantum computers for research and industry applications. | Espoo | $532.9M | 60 |
| 12 | Quanscient Cloud and quantum-powered multiphysics simulation platform for faster R&D and product development. | Espoo | $10.3M | 60 |
| 13 | Varjo Varjo develops and manufactures high-resolution virtual and mixed reality headsets for professional use. | Helsinki | $108.9M | 60 |
| 14 | ICEYE Global leader in synthetic-aperture radar (SAR) satellite data and analytics for near real-time insights. | Espoo | $750.0M | 60 |
| 15 | Retispec AI-powered eye exam for early detection of neurodegenerative diseases like Alzheimer's. | Oulu | $11.1M | 59 |
| 16 | Oura Oura helps you turn mindful habits into a long, healthy life through its smart ring that tracks fitness, sleep, stress, and overall health. | Oulu | $3.5B | 59 |
| 17 | Photomath A mobile app providing step-by-step math problem solutions and explanations for students. | Helsinki | $1.0M | 59 |
| 18 | IQM Quantum computer hardware and software developer for various industries. | Espoo | $516.0M | 58 |
| 19 | Silo AI European AI company building custom AI solutions and applications for businesses. | Helsinki | $10.0M | 55 |
| 20 | Nordic Salt Cycle Developing a novel, sustainable process for extracting valuable minerals from industrial wastewater. | Helsinki | $41.8M | 55 |
| 21 | Resand Foundry sand reclamation and recycling technology company. | Nuutajärvi | $26.0M | 54 |
| 22 | Curipod An interactive platform for creating engaging and educational lessons. | Helsinki | $4.8M | 54 |
| 23 | Serviceform Serviceform offers an AI-powered chatbot and lead generation platform for businesses to improve customer engagement and sales. | Helsinki | $5.1M | 54 |
| 24 | QyTw0 AI platform helping enterprises transition toward quantum computing with quantum-inspired orchestration. | Helsinki | $29.0M | 54 |
| 25 | Wamo A financial operating platform for SMEs with integrated lending and AI-driven tools. | Helsinki | $15.0M | 54 |
| 26 | IQM Quantum Finnish quantum computer manufacturer building fault-tolerant quantum computers for various industries. | Espoo | $902.4M | 54 |
| 27 | Kelluu Operates the world’s largest autonomous airship fleet for persistent intelligence, surveillance, and reconnaissance (ISR) capabilities. | — | $17.3M | 54 |
| 28 | Norsepower Develops and manufactures rotor sails for wind-assisted propulsion on ships. | Helsinki | $513.2M | 54 |
| 29 | TheStorage Industrial thermal energy storage solutions using sand. | Tampere | $6.8M | 54 |
| 30 | Capalo AI Capalo AI scales virtual power plant operations for battery energy storage systems using AI. | Kuopio | $11.0M | 52 |
| 31 | Doublepoint Gesture recognition technology for intuitive wearable control. | Helsinki | $4.5M | 52 |
| 32 | QuTwo AI-driven software platform simulating quantum workloads on classical hardware for enterprise quantum readiness. | Helsinki | $27.0M | 51 |
| 33 | GoByBike Enabling employers to offer company bike programs through salary-based payments. | — | $142.0M | 50 |
| 34 | Nosto AI-powered Commerce Experience Platform for personalized online shopping experiences. | Helsinki | $23.0M | 49 |
| 35 | Surgify Develops innovative surgical technology to make bone surgery safer and more precise by protecting soft tissues. | Espoo | $7.9M | 49 |
| 36 | Sensmet Developer of continuous metals monitoring technology for raw material value chains. | Oulu | $4.1M | 49 |
| 37 | Spindrive Develops and manufactures active magnetic bearing systems for industrial machinery to improve energy efficiency. | Lappeenranta | $11.7M | 49 |
| 38 | Steerpath A digital workplace platform for optimizing hybrid work with indoor navigation and occupancy analytics. | Espoo | $1.7M | 48 |
| 39 | Retailgrid AI-powered workbook for retail pricing, assortment planning, and forecasting. | Helsinki | $358.0K | 47 |
| 40 | Skyfora Weather data company building a new global data layer for weather and AI. | Helsinki | $7.5M | 46 |
Frequently asked questions about Finland startups
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Finland AI startup ecosystem — frequently asked
How many AI startups are in Finland?
StartupHub.ai tracks 75 startups headquartered in Finland, with $12.9B in total tracked funding across 11 cities.
What are the top startup cities in Finland?
The top startup cities in Finland are Helsinki (38 startups), Espoo (19 startups), Tampere (5 startups), Unknown (4 startups), Oulu (3 startups).
Which sectors are Finland startups focused on?
The most common sectors for Finland startups are Artificial Intelligence, Sustainability, Climate Tech, HealthTech, Industrial Automation.
How many investors are active in Finland?
There are 12 investors tracked in Finland on StartupHub.ai — venture capital firms, angel investors, corporate investors, and family offices. Browse all Finland investors.
How is Finland startup data sourced?
Every Finland profile on StartupHub.ai is built from structured HQ-country fields, public registry data (Companies House, SEC, INSEE, OrgBook, etc.), founder LinkedIn signals, and verified company websites. Profiles are refreshed continuously as new funding rounds and team changes are detected. More on our methodology.
What is the total startup funding in Finland?
Startups headquartered in Finland have raised a total of $12.9B in tracked funding on StartupHub.ai.