Finland startup funding
European tech funding profile
854 startups in Finland have closed 1,237 funding rounds and raised €12B in equity funding (excluding debt and grants) and recorded 147 exits. Debt rounds added €842M. Software is the most active sector, and Lifeline Ventures is the most active investor. Data as of 6 Nov 2026.
#9 in Europe by equity raised — 2.0% of all European startup equity funding.
Equity funding
€12B
excl. debt & grants · +€842M debt
Funding rounds
1,237
Companies
854
Named investors
1,135
Exits
147
Funding over time
2010–2026 · 2026 YTD — equity € raised vs roundsFinland — funding over time — interactive chart.
Data table
| Equity | Rounds | |
|---|---|---|
| 2010 | €42M | 19 |
| 2011 | €94M | 26 |
| 2012 | €63M | 36 |
| 2013 | €212M | 62 |
| 2014 | €128M | 69 |
| 2015 | €212M | 74 |
| 2016 | €272M | 96 |
| 2017 | €375M | 94 |
| 2018 | €348M | 80 |
| 2019 | €683M | 77 |
| 2020 | €1.0B | 69 |
| 2021 | €1.3B | 79 |
| 2022 | €1.7B | 90 |
| 2023 | €684M | 80 |
| 2024 | €1.2B | 88 |
| 2025 | €2.7B | 87 |
| 2026 | €1.2B | 73 |
AI analysis mentioning Finland
AI-generated · figures verified · not investment adviceTop performing sectors
by € raised| Software | €3.1B | |
| Healthtech | €1.9B | |
| Space | €1.6B | |
| Deeptech | €1.3B | |
| Telecom | €1.0B | |
| Transportation | €1.0B |
Top sectors
by deal countFinland — top sectors — interactive chart.
Data table
| Finland — top sectors | |
|---|---|
| Software | 311 |
| Healthtech | 146 |
| Gaming | 115 |
| Cleantech | 72 |
| Fintech | 71 |
| Marketing | 69 |
| Transportation | 61 |
| Media | 57 |
| E-commerce | 51 |
| Energy | 50 |
Stage mix
by € raisedFinland — stage mix — interactive chart.
Data table
| Finland — stage mix | |
|---|---|
| Other | €4.2B |
| Series D+ | €2.9B |
| Series A | €1.5B |
| Series B | €1.4B |
| Debt | €842M |
| Growth/Late | €783M |
| Series C | €733M |
| Seed | €608M |
| Grant | €228M |
| Early VC | €215M |
| Pre-Seed | €70M |
| Crowdfunding | €2.9M |
Top deals
largest disclosed roundsTop investors
named, by deal count| Lifeline Ventures | 86 |
| Business Finland | 63 |
| Inventure | 51 |
| Tesi | 43 |
| Maki.vc | 36 |
| Tekes | 31 |
| Superhero Capital | 30 |
| Voima Ventures | 27 |
| Icebreaker.vc | 23 |
| Finnvera Venture Capital | 20 |
Top cities
by € raised| Helsinki | €5.9B | 671 | |
| Espoo | €4.3B | 196 | |
| Oulo | €779M | 2 | |
| Vantaa | €730M | 13 | |
| Oulu | €391M | 50 | |
| Tampere | €240M | 61 | |
| Turku | €181M | 29 | |
| Singapore | €92M | 1 |