Butterfly Ventures
Investor profile
Investment firm
Butterfly Ventures has backed 28 European tech companies across 33 funding rounds between 2011 and 2026, joining rounds totalling €71M. Most active in Cleantech and Software. Data as of 4 Nov 2026.
Deals
33
distinct rounds
Companies
28
backed
Active span
2011–2026
16 yrs
Total round €
€71M
sum of rounds joined
Deals by year
distinct rounds / yearButterfly Ventures — deals by year — interactive chart.
Data table
| Butterfly Ventures — deals by year | |
|---|---|
| 2011 | 1 |
| 2014 | 4 |
| 2015 | 1 |
| 2016 | 2 |
| 2017 | 5 |
| 2018 | 1 |
| 2022 | 3 |
| 2023 | 4 |
| 2024 | 5 |
| 2025 | 4 |
| 2026 | 3 |
Top sectors
by dealsButterfly Ventures — top sectors — interactive chart.
Data table
| Butterfly Ventures — top sectors | |
|---|---|
| Cleantech | 6 |
| Software | 5 |
| Media | 4 |
| E-commerce | 2 |
| Foodtech | 2 |
| Healthtech | 2 |
| Deeptech | 2 |
| Semiconductors | 2 |
| Sports | 2 |
| Telecom | 2 |
Stages
by dealsButterfly Ventures — stages — interactive chart.
Data table
| Butterfly Ventures — stages | |
|---|---|
| Other | 17 |
| Seed | 11 |
| Early VC | 2 |
| Pre-Seed | 2 |
| Series A | 2 |
Countries
by dealsButterfly Ventures — countries — interactive chart.
Data table
| Butterfly Ventures — countries | |
|---|---|
| Finland | 19 |
| Sweden | 9 |
| Estonia | 2 |
| UK | 2 |
| Denmark | 1 |
| Norway | 1 |
Co-investment network
shared roundsCo-investment network — interactive chart.
Hover a node for shared-deal counts; click a co-investor to open its profile.
Best viewed on a larger screen.
Frequent co-investors
shared rounds- Almi Invest4
- Chalmers Ventures3
- STOAF3
- Superhero Capital3
- Business Finland2
- J2L Holding AB2
- S-E Bankens Utvecklingsstiftelse2
- Sarsia2
- 01 Ventures1
- 5J Holding1
- Almi Invest Greentech1
- Amanotes1
- Antero Vartia1
- Battle Born Venture1
- Benoit Wiesser1
- Bo Eklöf1
- Bromélia Capital1
- Bust1
- Cascara Ventures1
- Collateral Good Ventures1
- Creandum1
- Delos Capital1
- E.A.T. Holdings1
- Erik Bakstad1
- Eviny Ventures1
Portfolio
top 30 by total round €| Company | Country | Rounds | Total € |
|---|---|---|---|
| KNL Networks | Finland | 2 | €11M |
| Naava | Finland | 2 | €10M |
| Polar Light Technologies | Sweden | 2 | €8.1M |
| Zenniz | Finland | 2 | €7.1M |
| Flow Computing | Finland | 1 | €4.0M |
| Opti Automation | Finland | 1 | €4.0M |
| Birdsview | Norway | 1 | €3.7M |
| MyCadbox | UK | 1 | €3.0M |
| DREV | Sweden | 1 | €2.8M |
| Valossa | Finland | 2 | €2.3M |
| Brightplus | Finland | 1 | €2.0M |
| Reactional Music | Sweden | 1 | €1.9M |
| Embedl | Sweden | 1 | €1.8M |
| Happy Plant Protein | Finland | 1 | €1.8M |
| 10Lines | Estonia | 1 | €1.5M |
| Qvantia | UK | 1 | €1.4M |
| Nord Amps | Sweden | 1 | €1.2M |
| Natufia Labs | Estonia | 1 | €1.0M |
| Surgify | Denmark | 1 | €1.0M |
| Retein | Sweden | 1 | €1.0M |
| CooliBlade | Finland | 1 | €820k |
| Hypertype | Sweden | 1 | €600k |
| Atium | Sweden | 1 | €594k |
| Cerrenion | Finland | 1 | €500k |
| CreateTrips | Finland | 1 | €441k |
| FilmMe | Finland | 1 | €300k |
| Proximi.io | Finland | 1 | €0 |
| Augumenta | Finland | 1 | €0 |
| Pint Please | Finland | 1 | €0 |
Biggest deals
top 10 by amount| Company | Stage | Amount | Date |
|---|---|---|---|
| KNL Networks | Series A | €9.1M | 2016-10 |
| Naava | Other | €7.0M | 2022-01 |
| Zenniz | Other | €5.1M | 2026-02 |
| Polar Light Technologies | Other | €5.0M | 2026-01 |
| Flow Computing | Pre-Seed | €4.0M | 2024-06 |
| Opti Automation | Other | €4.0M | 2017-05 |
| Naava | Early VC | €3.2M | 2017-01 |
| Polar Light Technologies | Other | €3.1M | 2025-04 |
| MyCadbox | Early VC | €3.0M | — |
| DREV | Seed | €2.8M | 2025-11 |