39 Best Startups in Espoo to Watch in 2025

The Definitive Seedtable Ranking of Startups in Espoo

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 39 start-ups with an aggregate funding of $1.4b. The average funding per company in this subset is $35.9m.

Last update to the database: Feb 18, 2025. See changelog.

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4

Funding Rounds

$8.5m

Money raised

CUJO AI is a network intelligence software company.

6

Funding Rounds

$237.0m

Money raised

Database management system, relational, open source, community developed fork of mysql

4

Funding Rounds

$270.0m

Money raised

ICEYE provides commercial access to Earth observation data. The ICEYE SAR Satellite Constellation captures images of any location on Earth every three hours, day and night, regardless of cloud cover.

Location:

Key people:

6

Funding Rounds

$211.9m

Money raised

IQM is a company utilizing superconducting technology to build scalable quantum computing hardware.

6

Funding Rounds

$105.7m

Money raised

Dispelix is a company that designs and manufactures diffractive waveguide displays for augmented reality (AR) purposes.

2

Funding Rounds

$44.0m

Money raised

BC Platforms provide data management systems for clinical and genomic research, pharmacogenomics research, preventive and personalized medicine, and biobanking.

Industries:

Location:

5

Funding Rounds

$3.7m

Money raised

CollectiveCrunch uses artificial intelligence in the forest industry that collects data for precise models.

3

Funding Rounds

$4.5m

Money raised

Sharper Shape is a computer software company that provides holistic solutions for asset and vegetation management.

1

Funding Rounds

$7.5m

Money raised

Rovio Entertainment is a finnish video game developer and entertainment company founded in 2003.

2

Funding Rounds

$14.6m

Money raised

Platform aiming to revolutionize the financial, environmental, and social impact of waste.

3

Funding Rounds

$76.2m

Money raised

Infinited Fiber technology brings enormous social, environmental and economical impact to the textile value chain and everybody's wardrobe.

Location:

2

Funding Rounds

$22.4m

Money raised

Mobile card reader enabling small businesses to accept card payments anywhere.

1

Funding Rounds

$1.5m

Money raised

Caidio is a company that maximizes the quality and productivity of global concrete construction.

1

Funding Rounds

$1.1m

Money raised

VTT Technical Research Centre of Finland Ltd is a leading research and technology company in the Nordic countries.

7

Funding Rounds

$74.7m

Money raised

Mobidiag UK Ltd is an Espoo-based molecular diagnostic company developing solutions for the detection of infectious diseases.

2

Funding Rounds

$3.5m

Money raised

Hyperion Robotics is a company providing 3D-printing reinforced concrete services.

1

Funding Rounds

$1.2m

Money raised

Port 6 is a company that provides compact biometrics to translate human movement into digital touch.

3

Funding Rounds

$9.8m

Money raised

Sellforte is an AI-powered Marketing ROI measurement founded in 2017.

3

Funding Rounds

$40.9m

Money raised

Kuva Space is a smarter data for a stronger planet founded in 2016.

1

Funding Rounds

$25.0m

Money raised

Paptic is a manufacturing company producing eco-friendly packaging materials founded in 2015.

Location:

2

Funding Rounds

$56.4m

Money raised

Enfuce Financial Services is an API-first card issuing and payment processing platform founded in 2016.

1

Funding Rounds

$2.9m

Money raised

Teraloop is a company in Espoo, Southern Finland.

1

Funding Rounds

$1.2m

Money raised

We turn regulatory compliance into an automated, real time process by using private, high speed, secure distributed ledgers

1

Funding Rounds

QuantrolOx is building automated machine learning-based control software for quantum technologies to tune, stabilize, and optimize qubits.

1

Funding Rounds

$1.9m

Money raised

Nordic Umami Company builds a sustainable food system by developing circular food technology that can naturally create delicious plant-based umami foods. Founded by Reetta Kivelä, Outi Mäkinen and Tytti-Lotta Ojala, the food innovation hub is accelerating plant-based eating and zero waste idea.

Industries:

Location:

3

Funding Rounds

$36.9m

Money raised

Zevoy is an expense management solution founded in 2020.

Industries:

Location:

1

Funding Rounds

$2.1m

Money raised

Connected Finland is an IoT-operator in Finland founded in 2015 by Markku Patronen.

2

Funding Rounds

$45.2m

Money raised

ePassi is a company founded in 2007.

1

Funding Rounds

$6.0m

Money raised

Senseg is a haptic interface technology company founded in 2006.

Location:

2

Funding Rounds

$4.2m

Money raised

Gubbe is a Espoo-based company.

Location:

1

Funding Rounds

$1.8m

Money raised

Saidot is an AI governance platform founded in 2018.

1

Funding Rounds

$2.0m

Money raised

Surrogate.tv is a no-code robotics platform located in Finland.

Industries:

Location:

2

Funding Rounds

$2.8m

Money raised

Location:

1

Funding Rounds

$4.5m

Money raised

QMill is an industrial quantum-computing solutions provider founded in 2024 by Mikko Möttönen, Toni Annala and Ville Kotovirta.

Location:

Key people:

1

Funding Rounds

$11.6m

Money raised

Mendor is a Keilaniemi-based company founded in 2006.

Industries:

Location:

1

Funding Rounds

$11.7m

Money raised

Equipment supplier for thin film ALD and aerosol coatings, and manufacturer of thin film electroluminescent (TFEL) displays.

Location:

1

Funding Rounds

$1.4m

Money raised

Gosta Labs is a developer of AI assistant for healthcare industry founded by Lauri Sippola.

Location:

Key people:

1

Funding Rounds

$9.1m

Money raised

Desentum is a Espoo-based company.

Location:

1

Funding Rounds

$36.0m

Money raised

Infinited is a Espoo-based company.

Location:

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