Finland startup funding in H1 2011

European tech funding raised by Finland startups during H1 2011.

In H1 2011, 14 startups in Finland closed 15 funding rounds and raised €91M in equity funding (excluding debt and grants), up 521.3% versus H1 2010. Gaming was the most active sector, and Initial Capital was the most active investor. Data as of 6 Nov 2026.

Equity funding

€91M

+521.3% vs H1 2010 · excl. debt & grants

Funding rounds

+66.7% vs H1 2010

Companies

Top sector

Gaming

Rank in Europe

5.8% of European funding

Top-10 round share

96.7%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€35M	5
Feb	€5.3M	3
Mar	€30M	1
May	€10M	4
Jun	€9.1M	2

Top sectors

by € raised

Data table

	Finland — top sectors by capital, H1 2011
Gaming	€42M
Healthtech	€21M
Software	€1.5M
Media	€1.0M
Fintech	€405k

Stage mix

by € raised

Data table

	Finland — stage mix, H1 2011
Series A	€42M
Other	€15M
Growth/Late	€14M
Early VC	€9.0M
Series B	€8.1M
Seed	€2.5M

Top deals

largest disclosed rounds in H1 2011

Company	Stage	Date	Amount
Rovio	Series A	Mar 2011	€30M
European Batteries	Growth/Late	Jan 2011	€14M
Nexstim	Other	Jan 2011	€11M
Beneq	Early VC	Jan 2011	€9.0M
Mendor	Series B	Jun 2011	€8.1M
Supercell	Series A	May 2011	€8.1M
Vilant Systems	Series A	Feb 2011	€2.0M
Nexstim	Other	May 2011	€2.0M
Grey Area	Series A	Feb 2011	€1.8M
RapidBlue	Other	Jan 2011	€1.5M
Applifier	Seed	Feb 2011	€1.5M
Hitlantis	Seed	Jun 2011	€1.0M
MePIN	Other	May 2011	€405k
Tribe Studios	Other	Jan 2011	€126k

View all 15 Finland deals in H1 2011 →

Top investors

most active in H1 2011, by deal count

← All 2011 Finland funding