69 Best Espoo Startups to Watch in 2024
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Last update to the database: May 6, 2024. See changelog.
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company | score | funding | investors | employees | industries | biz model | city | contact |
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Developer of a hardware solution for collection and recycling of nutrients from wastewater. |
$1M · Seed | Stephen Industries, MVTT, Nordic Foodtech VC | 1 to 10 | Climate Tech & Green Tech, Hardware | B2B | Espoo, Finland | •••••••••••@npharvest.fi | |
Paptic is manufacturing company. |
$24M · Series A | European Circular Bioeconomy Fund (ECBF), Ecolab | 1 to 10 | Climate Tech & Green Tech, Energy & Nuclear, Manufacturing, Supply Chain & Logistics | B2B | Espoo, Finland | •••••••••••@paptic.com | |
Mycoprotein ingredient producer. |
$13M · Series A | NextGenerationEU | 1 to 10 | Biotech | Espoo, Finland | •••••••••••@enifer.com | ||
Smarter data for a stronger planet |
$17M · Series A | Springvest, VTT Ventures, Nordic Foodtech VC | 1 to 10 | Agritech, Data and Analytics, Energy & Nuclear, Business Intelligence | B2B, SaaS | Espoo, Finland | •••••••••••@kuvaspace.com | |
SpaceMaker offers a modular software solution, based on per-box consumer logistics and storage needs. |
$24M | Northzone, Atomico | 1 to 10 | Proptech & Real Estate, Supply Chain & Logistics | B2B, SaaS | Espoo, Finland | •••••••••••@spacemakercorp.com | |
Oral antibacterial treatment for home use. |
$4M · Seed | Reaktor, Apteekkien Eläkekassa, 8 Media Ventures | 1 to 10 | Health Tech | B2C | Espoo, Finland | •••••••••••@koitehealth.com | |
Intelligent robots maker. |
$108k · Pre Seed | DIANA | 11 to 50 | Robotics, Manufacturing | B2B | Espoo, Finland | •••••••••••@gimrobotics.fi | |
ZirooPay is a maker of a mobile card reader that allows small businesses to accept card payments anywhere they operate. |
$11M · Series A | Inventure | 1 to 10 | Fintech, Hardware, Mobile, Payments, Manufacturing, Wearables | B2B | Espoo, Finland | •••••••••••@ziroopay.com | |
Upcycled mycoprotein powder producer. |
$12M · Series A | Nordic Foodtech VC, Voima Ventures, Aqua Spark | 1 to 10 | Health Tech, Agritech, Foodtech, Biotech, Deep Tech, Manufacturing | B2B | Espoo, Finland | •••••••••••@eniferbio.fi | |
API-first card issuing and payment processing platform. |
$5M · Debt Financing | Tencent, Maki.vc, Visa | 101 to 250 | Fintech, Payments | B2B, SaaS | Espoo, Finland | •••••••••••@enfuce.com | |
Sensible 4 is an autonomous driving software company that develops self-driving vehicles for all-year round use. |
$7M · Series A | NordicNinja VC, Metaplanet Holdings | 51 to 100 | AI, Deep Tech, Machine Learning, Music and Audio, Data and Analytics, Mobility & Transportation | B2B, SaaS | Espoo, Finland | •••••••••••@sensible4.fi | |
Dispelix simply removes the challenges that the product designers have been trying to hide for years. |
$12M · Series A | Lifeline Ventures, VTT Ventures, Atlantic Bridge | 11 to 50 | Hardware, CPG & Consumer Goods, AR / VR, Manufacturing, Creative Tools, Wearables | B2B, B2C | Espoo, Finland | •••••••••••@dispelix.com | |
Picosun is a manufacturer of atomic layer deposition reactors for micro and nanotechnology applications. |
$13M | First Fellow Partners | 51 to 100 | Robotics, Manufacturing | B2B | Espoo, Finland | •••••••••••@picosun.com | |
Meeting and event venues booking platform. |
$4M · Series A | Scale Capital, Falkensteiner Ventures, Takeoff Partners | 11 to 50 | Travel Tech, Future of Work | B2B, SaaS | Espoo, Finland | •••••••••••@meetingpackage.com | |
Platform for law firms to automate their documents, reduce overheads, sell scalable services in client centric way. |
$6M · Series A | Molten Ventures, Partech Ventures, Tesi | 501 to 1000 | Legal Tech, CRM | B2B, SaaS | Espoo, Finland | •••••••••••@contractmill.com | |
AI governance platform. |
$1M · Seed | Crowberry Capital, Business Finland | 1 to 10 | Legal Tech | B2B | Espoo, Finland | •••••••••••@saidot.ai | |
IoT-operator in Finland. |
$2M · Seed | Business Finland, Nordea, Finnvera Venture Capital | 1 to 10 | Manufacturing | B2B | Espoo, Finland | •••••••••••@connectedfinland.fi | |
Sofi Filtration is a Finnish provider of innovative industrial water filtration technology. |
$3M | Voima Ventures | 1 to 10 | Climate Tech & Green Tech, Health Tech, Hardware, Energy & Nuclear, Manufacturing | B2B | Espoo, Finland | •••••••••••@sofifiltration.com | |
Satellite imaging platform. |
$2M · Series A | Molten Ventures, Move Capital, True Ventures | 251 to 500 | Govtech, Space Tech | B2B, SaaS | Espoo, Finland | •••••••••••@iceye.com | |
Infinited Fiber technology brings enormous social, environmental and economical impact to the textile value chain and everybody’s wardrobe. |
$4M | VTT Ventures, Nidoco | 11 to 50 | Fashion, Manufacturing, Creative Tools | B2B | Espoo, Finland | •••••••••••@infinitedfiber.com | |
Pixieray modernizes traditional eyeglass optics by introducing a pioneering adaptive solution giving anyone perfect vision |
$4M · Seed | Firstminute Capital, Maki.vc, First Fellow Partners | 1 to 10 | Hardware, Fashion, Manufacturing | B2B | Espoo, Finland | •••••••••••@pixieray.com | |
Algae-based alternative to chemicals. |
$3M · Seed | Voima Ventures | 1 to 10 | Climate Tech & Green Tech, Biotech, Energy & Nuclear, Manufacturing | B2B | Espoo, Finland | •••••••••••@originbyocean.com | |
Quuppa is a technology platform that provides intelligent real time locating services and applications. |
$23M · Seed | 51 to 100 | Hardware, Manufacturing, Productivity Tools | B2B, SaaS | Espoo, Finland | •••••••••••@quuppa.com | ||
Making industrial construction automated and sustainable and Concrete 3D Printing |
$463k · Pre Seed | Lifeline Ventures, Katapult Accelerator | 11 to 50 | Climate Tech & Green Tech, Deep Tech, Proptech & Real Estate, Energy & Nuclear, Robotics, Manufacturing | B2B | Espoo, Finland | •••••••••••@hyperionrobotics.com | |
Cybersecurity training platform for employees. |
$380k · Seed | Dawn Capital, Icebreaker, First Fellow Partners | 51 to 100 | Cybersecurity, Privacy and Security | B2B, SaaS | Espoo, Finland | •••••••••••@hoxhunt.com | |
Indoor air quality and indoor climate monitoring, analysis and optimisation solution provider |
$1M · Seed | Curiosity VC | 11 to 50 | Proptech & Real Estate, Energy & Nuclear, Business Intelligence | B2B, SaaS | Espoo, Finland | •••••••••••@freesi.io | |
Sustainable food. |
$1M · Seed | Nordic Foodtech VC | 1 to 10 | Foodtech | B2C | Espoo, Finland | •••••••••••@nordicumami.fi | |
Gubbe provides preventive and rehabilitative elderly care services. |
$325k · Pre Seed | Atomico, Spintop Ventures, Nidoco | 51 to 100 | Health Tech, ElderTech | Marketplace, SaaS | Espoo, Finland | •••••••••••@gubbe.io | |
Collaborative risk management software |
$254k · Pre Seed | First Fellow Partners | 1 to 10 | Legal Tech, Privacy and Security | B2B, SaaS | Espoo, Finland | •••••••••••@inclus.com | |
Creating modern consumer experiences by remodelling the recreational rental industry. |
$280k · Pre Seed | Anthemis, Tera Ventures, Maki.vc | 1 to 10 | Fintech, Legal Tech, Mobility & Transportation, Payments, Ecommerce | B2B, SaaS | Espoo, Finland | •••••••••••@rentle.io | |
Medixine provides the next wave of connected care by engaging patients in their own care. |
$5M | 11 to 50 | Health Tech | B2B, SaaS | Espoo, Finland | •••••••••••@medixine.com | ||
Surgify develops new solutions to protect these structures and prevent associated complications. Bleeding, infections and nerve injuries. |
$1M · Series C | Innovestor Ventures | Health Tech | B2B | Espoo, Finland | •••••••••••@surgifymedical.com | ||
Next-generation AI powered by minimal real-life data |
$687k · Seed | Innovestor Ventures | 1 to 10 | Agritech, AI, Data and Analytics, Manufacturing, Business Intelligence, Developer Tools, Cloud | B2B, SaaS | Espoo, Finland | •••••••••••@yieldsystems.tech | |
Digital platform to increase infrastructure construction productivity. |
$6M · Series A | 51 to 100 | Proptech & Real Estate, Sales and Marketing, Enterprise Software, Service Industry | B2B, SaaS | Espoo, Finland | •••••••••••@infrakit.com | ||
Platform to predict forest inventories and carbon capture. |
$1M · Seed | Nidoco | 11 to 50 | Climate Tech & Green Tech, Agritech, AI, Data and Analytics, Energy & Nuclear, Manufacturing | B2B, SaaS | Espoo, Finland | •••••••••••@collectivecrunch.com | |
Golf GameBook app allows you to experience golf like never before, both on and off the golf course. |
$3M | 11 to 50 | Sportstech, Mobile | B2C, Freemium | Espoo, Finland | •••••••••••@golfgamebook.com | ||
Desentum is a biotechnology company in Finland developing an allergy vaccine that harnesses the immune system. |
$4M | 1 to 10 | Health Tech, Biotech, Deep Tech, Pharma | B2B | Espoo, Finland | •••••••••••@desentum.fi | ||
ElFys is an Ultraviolet sensitive photodiodes. |
$3M · Seed | 1 to 10 | Health Tech, Hardware | Espoo, Finland | •••••••••••@elfys.fi | |||
Enable Banking is a financial connectivity platform which is providing direct access to banks payments and account information APIs |
N/A | Forward VC, Wellstreet | 1 to 10 | Fintech, Payments, Developer Tools | B2B, SaaS | Espoo, Finland | •••••••••••@enablebanking.com | |
Aivo Health is changing the way we treat chronic pain by targeting the brain to remodel neural pathways for pain relief. |
N/A | Maki.vc | 11 to 50 | Health Tech, Media and Entertainement | B2B, B2C | Espoo, Finland | •••••••••••@aivohealth.com | |
Flexound Systems is a young growth-hungry Finnish start-up company whose mission is to create magic sound & feel experiences. |
N/A | NordicNinja VC | 11 to 50 | AR / VR, Music and Audio | B2B | Espoo, Finland | •••••••••••@flexound.com | |
Workfellow is a work intelligence platform to accelerate enterprise digital transformation journey. |
N/A | Icebreaker, OpenOcean | 1 to 10 | AI, Machine Learning, Business Intelligence, Enterprise Software | B2B, SaaS | Espoo, Finland | •••••••••••@workfellow.ai | |
Taival is a management consulting company that delivers a new type of advisory services for the new type of world. |
$365k · Pre Seed | 11 to 50 | B2B | Espoo, Finland | •••••••••••@taival.com | |||
Arctic Farming is a AgriTech startup. |
$158k · Pre Seed | 1 to 10 | Climate Tech & Green Tech, Agritech, Foodtech, Hardware, CPG & Consumer Goods | B2B | Espoo, Finland | •••••••••••@arcticfarming.fi | ||
New Nordic School is transforming current systems of education. |
$1M · Seed | 11 to 50 | Edtech | B2B, B2C | Espoo, Finland | •••••••••••@newnordic.school | ||
ReFaMo provides a unique approach to solve the issues related to fatigue structural health monitoring. |
$176k · Pre Seed | 1 to 10 | Health Tech, Data and Analytics, Manufacturing | B2B, SaaS | Espoo, Finland | •••••••••••@refamo.fi | ||
Caidio provides AI-based software to improve the quality and reduce CO2 emissions of produced concrete. |
$1M · Seed | 1 to 10 | AI, Proptech & Real Estate, Machine Learning, Privacy and Security, Business Intelligence | B2B, SaaS | Espoo, Finland | •••••••••••@caidio.io | ||
Funzi develops a mobile learning and information service with an initial focus on emerging markets. |
$1M | 11 to 50 | Edtech, Mobile, Media and Entertainement | B2B, B2C | Espoo, Finland | •••••••••••@funzi.fi | ||
Solar Water Solutions provides sustainable and economically efficient small-scale water purification products. |
$1M | 11 to 50 | Climate Tech & Green Tech, Health Tech, Energy & Nuclear, Manufacturing | B2B | Espoo, Finland | •••••••••••@solarwatersolutions.fi | ||
Xiphera is a designing hardware-based security solutions using standardised cryptographic algorithms. |
$507k · Seed | Hardware, Cybersecurity, Privacy and Security | B2B | Espoo, Finland | •••••••••••@xiphera.com | |||
Smoothly offers an innovative digital service for businesses and marketers to manage and delegate content creation and marketing routines. |
N/A | 51 to 100 | Sales and Marketing, CRM | B2B, SaaS | Espoo, Finland | •••••••••••@smoothly.fi | ||
X-akseli is an IT system supplier specialising in patient flow solutions for the health care sector. |
N/A | 11 to 50 | Health Tech | B2B, SaaS | Espoo, Finland | •••••••••••@x-akseli.fi | ||
Skenariolabs offers intelligent property analytics for real estate owners, asset managers, and financial institutions. |
N/A | 11 to 50 | Fintech, Proptech & Real Estate, Business Intelligence | B2B, SaaS | Espoo, Finland | •••••••••••@skenariolabs.com | ||
Hatch is an online game streaming platform that enables users to play, watch, and share games. |
N/A | 11 to 50 | Gaming, Mobile, Media and Entertainement | SaaS | Espoo, Finland | •••••••••••@playhatch.com | ||
Aiforsite is a company that transforms the construction industry. |
N/A | 1 to 10 | Proptech & Real Estate, Data and Analytics, Business Intelligence, CRM | B2B, SaaS | Espoo, Finland | •••••••••••@aiforsite.com | ||
OptiWatti Oy develops OptiWatti, a fully automated system to optimize the heating and cooling. |
N/A | 11 to 50 | Espoo, Finland | •••••••••••@optiwatti.com | ||||
IQM builds scalable hardware for universal quantum computers, focusing on superconducting technology. |
N/A | 11 to 50 | Hardware, Creative Tools | Espoo, Finland | •••••••••••@meetiqm.com | |||
foilChat is an end-to-end encrypted messaging platform for companies with a need to communicate sensitive information |
N/A | 11 to 50 | Espoo, Finland | •••••••••••@foilchat.com | ||||
Omegawave is the world\'s first health and sports performance optimizer – scientifically proven and patented technology. |
N/A | 11 to 50 | Sportstech, Mobile | Espoo, Finland | •••••••••••@omegawave.com | |||
Beddit offers consumer focused sleep tracking. |
N/A | 11 to 50 | Sportstech | Espoo, Finland | •••••••••••@beddit.com | |||
Synoste is a startup company developing novel, patient-friendly medical solutions for the treatment of skeletal deformities. |
N/A | 1 to 10 | Espoo, Finland | •••••••••••@synoste.com | ||||
Quanturi Develops And Markets Connected Objects And Solutions For The Analysis Of Associated Data. |
N/A | Espoo, Finland | •••••••••••@quanturi.com | |||||
Evac is the world’s leading provider of integrated waste-, wastewater-, and water management systems for the marine, offshore. |
N/A | 1 to 10 | Espoo, Finland | •••••••••••@evac.com | ||||
The pioneers of gaming surrogacy. |
N/A | 11 to 50 | Gaming, Hardware | Espoo, Finland | •••••••••••@surrogate.tv | |||
VibeCatch gives you actionable insights to improve the bottom line while making your company a better place to work. |
N/A | 1 to 10 | Espoo, Finland | •••••••••••@vibecatch.com | ||||
A cloud-based mobile platform for wellness service providers and corporate employers. |
N/A | 11 to 50 | Espoo, Finland | •••••••••••@wellmo.com | ||||
A mobile on demand job matching service for Europe\'s youth. |
N/A | 1 to 10 | Fintech | Espoo, Finland | •••••••••••@workpilots.fi | |||
Disrupting industrial asset life cycle management. Focus on rotating machines in demanding industrial environments. |
N/A | 11 to 50 | Data and Analytics | Espoo, Finland | •••••••••••@distence.fi | |||
Yogaia is the first live, interactive online yoga studio in the world. With Yogaia, the studio is where you are. |
N/A | 11 to 50 | Health Tech, Sportstech | Espoo, Finland | •••••••••••@yogaia.com |
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