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Fund profile

Butterfly

Butterfly

Finland

Leading

About

Butterfly Ventures, established in 2012, is a leading seed-stage venture capital firm based in Helsinki, Finland, with additional offices in Oulu, Stockholm, Tallinn, and Copenhagen. The firm focuses on deep tech and hardware startups in the Nordics and Baltics. Their investment portfolio includes companies such as Wolt and Supercell, showcasing their commitment to backing transformative technology companies. Butterfly Ventures typically invests in pre-seed, seed, and early-stage rounds, with check sizes ranging from €100,000 to €2 million. They emphasize sustainable and science-based innovations, aligning with the EU's Article 8 and Sustainable Finance Disclosure Regulation (SFDR). Their latest fund, Butterfly Venture Fund IV, raised an initial €47 million, aiming for a total of €100 million to support groundbreaking startups across the region. The team at Butterfly Ventures includes experienced professionals like Juho Risku, co-founder and partner, who has a strong background in digital technologies and entrepreneurship. Other key members include Ville Heikkinen, known for his expertise in VC financing and M&A, and Tanya Horowitz, who brings a wealth of experience from her background in asset management and M&A investment banking in New York. Butterfly Ventures is deeply integrated into the Nordic startup ecosystem, actively seeking companies that have the potential for significant societal, environmental, and economic impact. Startups looking to partner with Butterfly Ventures should focus on innovative solutions that address major global challenges, particularly in deep tech and hardware sectors.

Details

Round

Pre-Seed
Seed
Venture Round

Previous Investments

Advertising & Marketing
AI & Deep Tech
Biotech
CleanTech & Sustainability
Communications & Messaging
Consumer Goods & Electronics
Data & Analytics
E-commerce & Retail
Education
Energy & Utilities
Fintech & Financial services
Food & Beverage
Gaming
Hardware. Robotics & IoT
Healthtech & Wellness
Legal & Professional services
Media, Events & Entertainment
Natural Resources
Other
Pharma
Real Estate & Proptech
Software & Apps
Transportation & Mobility
VR & AR

Geo focus

Europe

Highlights

$343.5k

Historical average check

$45M

Historical max check

November 2024

Last investment date

74

Investments

Data & Analytics

Hardware. Robotics & IoT

Transportation & Mobility

Software & Apps

AI & Deep Tech

Energy & Utilities

CleanTech & Sustainability

Natural Resources

Food & Beverage

Communications & Messaging

Advertising & Marketing

Other

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Contacts

Website

butterfly.vc

Email

juho@butterfly.vc

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