Finland startup funding in H1 2014
European tech funding raised by Finland startups during H1 2014.
In H1 2014, 32 startups in Finland closed 33 funding rounds and raised €52M in equity funding (excluding debt and grants), down 65.3% versus H1 2013. Debt rounds added €25M. Software was the most active sector, and Practica Capital was the most active investor. Data as of 6 Nov 2026.
Equity funding
€52M
-65.3% vs H1 2013 · excl. debt & grants · +€25M debt
Funding rounds
33
+10.0% vs H1 2013
Companies
32
Top sector
Software
Rank in Europe
#11
1.8% of European funding
Debt financing
€25M
32.6% of total
Top-10 round share
82.9%
of disclosed capital
Funding by month
€ raised vs rounds, by monthFinland — funding by month, H1 2014 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jan | €15M | 9 |
| Feb | €425k | 4 |
| Mar | €2.8M | 3 |
| Apr | €18M | 4 |
| May | €9.3M | 7 |
| Jun | €32M | 6 |
Top sectors
by € raisedFinland — top sectors by capital, H1 2014 — interactive chart.
Data table
| Finland — top sectors by capital, H1 2014 | |
|---|---|
| Gaming | €51M |
| Healthtech | €20M |
| Wellness & Beauty | €16M |
| Transportation | €6.0M |
| Hardware | €4.0M |
| Software | €3.6M |
| Legaltech | €2.5M |
| Foodtech | €2.2M |
Stage mix
by € raisedFinland — stage mix, H1 2014 — interactive chart.
Data table
| Finland — stage mix, H1 2014 | |
|---|---|
| Debt | €25M |
| Other | €19M |
| Seed | €12M |
| Series A | €11M |
| Growth/Late | €4.7M |
| Early VC | €2.5M |
| Series B | €2.0M |
Exits & M&A
1 Acquisition1 exit.
Top deals
largest disclosed rounds in H1 2014| Company | Stage | Date | Amount |
|---|---|---|---|
| Rovio | Debt | Jun 2014 | €25M |
| Lifeline Ventures Oy | Other | Apr 2014 | €15M |
| Mendor | Growth/Late | Jan 2014 | €4.7M |
| Next Games | Series A | Jan 2014 | €4.4M |
| IndoorAtlas | Seed | Jun 2014 | €3.3M |
| Boomlagoon | Series A | May 2014 | €2.6M |
| TrademarkNow | Series A | May 2014 | €2.5M |
| Mekitec | Early VC | Mar 2014 | €2.2M |
| Aito | Series B | Jun 2014 | €2.0M |
| Seriously | Seed | May 2014 | €1.9M |
| PlayRaven | Seed | Jan 2014 | €1.7M |
| HeiaHeia.com | Other | Apr 2014 | €1.5M |
| Transfluent | Series A | Jan 2014 | €1.5M |
| HeiaHeia | Other | Apr 2014 | €1.1M |
| Swap.com | Seed | Jan 2014 | €1.1M |
Top investors
most active in H1 2014, by deal count- Practica Capital2 deals
- Kima Ventures2 deals
- Jari Ovaskainen2 deals
- Daher Capital1 deals
- European Investment Bank1 deals
- Finnvera Venture Capital1 deals
- IDG Ventures1 deals
- INKEF Capital1 deals
- Inventure1 deals
- Jussi Hinkkanen1 deals