Finland startup funding in 2012
European tech funding raised by Finland startups during 2012.
In 2012, 33 startups in Finland closed 36 funding rounds and raised €63M in equity funding (excluding debt and grants). Software was the most active sector, and Lifeline Ventures was the most active investor. Data as of 6 Nov 2026.
Equity funding
€63M
excl. debt & grants
Funding rounds
36
Companies
33
Top sector
Software
Finland: last three years
change vs the year before| Year | Equity | Change | Rounds | Change | Debt |
|---|---|---|---|---|---|
| 2010 | €42M | +38.5% | 19 | +72.7% | — |
| 2011 | €94M | +124.1% | 26 | +36.8% | — |
| 2012 | €63M | -33.0% | 36 | +38.5% | — |
Break down 2012 by period
Half-year
Rank in Europe
#11
1.6% of European funding
Top-10 round share
85.7%
of disclosed capital
Funding by month
€ raised vs rounds, by monthFinland — funding by month, 2012 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jan | €6.2M | 7 |
| Feb | €1.3M | 3 |
| Mar | €20k | 3 |
| Apr | €4.8M | 4 |
| May | €4.7M | 3 |
| Jun | €4.7M | 2 |
| Jul | €850k | 2 |
| Aug | €90k | 1 |
| Sep | €35M | 6 |
| Nov | €2.4M | 4 |
| Dec | €3.1M | 1 |
Top sectors
by € raisedFinland — top sectors by capital, 2012 — interactive chart.
Data table
| Finland — top sectors by capital, 2012 | |
|---|---|
| Cloud | €20M |
| Robotics | €13M |
| Software | €7.5M |
| Gaming | €6.0M |
| Marketing | €5.4M |
| Transportation | €3.6M |
| Hardware | €3.3M |
| Healthtech | €2.7M |
Stage mix
by € raisedFinland — stage mix, 2012 — interactive chart.
Data table
| Finland — stage mix, 2012 | |
|---|---|
| Series B | €23M |
| Series A | €18M |
| Seed | €14M |
| Early VC | €5.1M |
| Other | €3.4M |
Exits & M&A
1 Acquisition1 exit.
Largest equity rounds
by disclosed amount, 2012| Company | Stage | Date | Amount |
|---|---|---|---|
| Nebula | Series B | Sep 2012 | €20M |
| ZenRobotics | Series A | Sep 2012 | €13M |
| Kiosked | Seed | Jun 2012 | €4.6M |
| IndoorAtlas | Seed | Jan 2012 | €3.3M |
| Applifier | Series B | Dec 2012 | €3.1M |
| MariaDB | Series A | Apr 2012 | €3.0M |
| Arctic Diagnostics | Early VC | May 2012 | €2.7M |
| MariaDB | Series A | May 2012 | €1.9M |
| Grand Cru | Seed | Jan 2012 | €1.5M |
| Jongla | Early VC | Sep 2012 | €1.2M |
Top investors
most active in 2012, by deal count- Lifeline Ventures2 deals
- Anil Hansjee1 deals
- Butterfly Ventures1 deals
- Charles Odinot1 deals
- Esa Mäkeläinen1 deals
- Finnish Industry Investment1 deals
- Finnvera Venture Capital1 deals
- Henric Suuronen1 deals
- Highland Capital Partners1 deals
- IDInvest Partners1 deals
Source: Tech.eu Funding Explorer · data as of 6 Nov 2026 · licence CC BY 4.0 · Methodology