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Fund profile

Business Finland

Business Finland

Helsinki, Finland

Not leading

About

Business Finland is a public organization under the Finnish government that aims to support innovation, economic growth, and sustainable development in Finland. Established in 2018 from a merger between Tekes (the Finnish Funding Agency for Innovation) and Finpro (an export and investment promotion agency), Business Finland offers various services including innovation funding, internationalization support, and investment promotion. Its mission is to accelerate the global success of Finnish companies while positioning Finland as a competitive and attractive destination for foreign investments. Business Finland plays a significant role in promoting Finnish industries globally, particularly focusing on sectors like ICT, cleantech, bioeconomy, health, and digitalization. The organization is also deeply committed to sustainability, which is central to its strategy through 2025. It works to foster collaboration between research institutions, businesses, and international stakeholders, driving systemic change in addressing global challenges like climate change. Additionally, Invest in Finland, a key branch of Business Finland, actively attracts foreign direct investment, helping foreign companies explore opportunities in Finland. This initiative strengthens local ecosystems, creating thousands of jobs annually, particularly in high-growth sectors. With over 760 specialists spread across 40 international locations and 16 offices in Finland, Business Finland remains a cornerstone in fostering innovation and economic development within Finland's vibrant tech ecosystem.

Details

Average check

$0-$100K
$100K-$500K
$500K-$1M
$1M-$3M
$3M-$10M
$10M-$50M

Round

Seed
Pre-Seed
Grant
Post-IPO Debt

Previous Investments

Biotech
CleanTech & Sustainability
Education
Energy & Utilities
Fashion & Apparel
Food & Beverage
Hardware. Robotics & IoT
Healthtech & Wellness
Natural Resources
Other
Pharma
Software & Apps

Highlights

$111.6k

Historical average check

$28.9M

Historical max check

February 2025

Last investment date

196

Investments

Biotech

Software & Apps

Healthtech & Wellness

Food & Beverage

Education

Natural Resources

Energy & Utilities

Pharma

Fashion & Apparel

Hardware. Robotics & IoT

CleanTech & Sustainability

Other

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Website

businessfinland.fien/for-finnish-customers/about-us/funding-information/

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