Funded Startups in Finland
Disclosed round sizes in this Finland snapshot are highly uneven: Citycon’s $487M round (2025-04-01) is the only disclosed deal above $100M, and it dwarfs…
Disclosed round sizes in this Finland snapshot are highly uneven: Citycon’s $487M round (2025-04-01) is the only disclosed deal above $100M, and it dwarfs the next-largest disclosed amounts, including Lahti Energia’s $177M (2025-07-01) and SATO’s $162M (2025-03-26). At the small end, the lowest disclosed amount is $100K from PromoRepublic (2025-05-15), while several entries cluster in the $2M–$30M band.
Geographically, the list is concentrated in Helsinki and the broader Southern Finland area: for example, Helsinki appears across Citycon (Espoo), Cronvall (Helsinki), ReOrbit (Helsinki), DataCrunch.io (Helsinki), and Aibidia (Helsinki), with many other companies listed explicitly as “Southern Finland.” Temporally, rounds span from 2025-01-14 (Remod, $410K) to 2025-11-29 (Gosta Labs, $9M), and there is a dense late-2025 run (multiple entries between 2025-11-11 and 2025-11-29). Stage and disclosure are also mixed: 23 of 50 rows are “Series Unknown” and 8 of 50 show “undisclosed” amounts; disclosed amounts still extend from $100K (PromoRepublic) up to $487M (Citycon).
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Frequently asked
Which disclosed round is the clear outlier, and what does it imply about the rest of the list’s scale?
Citycon’s $487M (2025-04-01) is the only disclosed round above $100M; the next-highest disclosed amounts are Lahti Energia at $177M (2025-07-01) and SATO at $162M (2025-03-26). That size gap is large enough that most other disclosed rounds (for example Donut Lab’s $29M on 2025-07-08 and DataCrunch.io’s $64M on 2025-09-10) sit far below the top tier.
How concentrated are rounds in location—do Helsinki/Southern Finland companies dominate?
Yes. Multiple entries explicitly list Helsinki or Southern Finland coordinates, including Cronvall (Helsinki, 2025-11-14, $5M), ReOrbit (Helsinki, 2025-09-13, $53M), DataCrunch.io (Helsinki, 2025-09-10, $64M), and Aibidia (Helsinki, 2025-06-04, $28M). Outside the core, Oulu appears with Remod (Oulu, 2025-01-14, $410K) and Brightplus Oy (Oulu, 2025-07-15, $2M), but the densest set of cities is Helsinki/Southern Finland.
What does the late-2025 timing look like—are there clusters near the most recent dates shown?
There’s a tight concentration in November 2025, with multiple rounds between 2025-11-11 and 2025-11-29, including Gosta Labs ($9M on 2025-11-29), Cronvall ($5M on 2025-11-14), CHAOS ($2M on 2025-11-12), and KÄÄPÄ Biotech ($10M on 2025-11-11). Earlier, the sequence also includes a March cluster: SATO ($162M, 2025-03-26) and Bought (Pre-Seed, $2M, 2025-03-26) close on the same date.
How does stage labeling/disclosure affect how analyzable the dataset is?
“Series Unknown” appears in 23 of 50 rows, such as Varjo ($6M, 2025-08-13) and Foodiq ($11M, 2025-05-07). Undisclosed amounts occur in 8 of 50 rows (for example SpinDrive on 2025-10-28 and Hamina Wireless on 2025-07-18), which limits comparisons that rely strictly on disclosed dollar figures.
Are there sectors that repeat, or are sectors fragmented across this sample?
Sectors are fragmented across the 50 rows, but Healthcare/Health-adjacent shows up repeatedly in different forms: Gosta Labs (Healthcare/AI, $9M, 2025-11-29), Marginum (Health Care, $3M, 2025-08-22), Surgify (Health Care, $8M, 2025-05-27), and Valo Therapeutics (Biotechnology, $21M, 2025-03-10). In parallel, Energy appears more than once via Lahti Energia ($177M, 2025-07-01) and Steady Energy (Series B, $23M, 2025-03-05), suggesting at least some thematic repeat beyond single-entry categories.
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