FundedIQ

Funded Hardware Startups in Finland

In the 12 most recent hardware rounds shown (2020-07-07 through 2025-09-08), the largest disclosed amount is Wirepas at $12M (2021-09-01).

In the 12 most recent hardware rounds shown (2020-07-07 through 2025-09-08), the largest disclosed amount is Wirepas at $12M (2021-09-01). Other disclosed rounds cluster mostly between $3M and $9M—$12M is the top disclosed value, and the next-highest disclosed figures are $9M (Comptek Solutions, 2023-08-15) and $7M (Basemark, 2020-07-07), while several entries sit well below that range (e.g., $450K at SeeTrue Technologies, 2022-09-22; $5M at Agate Sensors, 2025-09-08). The list also shows a tight recency window: four rounds dated 2025-05-21 to 2025-09-08 (Agate Sensors, Varjo, Ovido, and Cajo Technologies), suggesting deal activity concentrated at the latest end of the timeline.

Geographically, the pattern leans toward specific Finnish cities and regions rather than a single nationwide spread: Helsinki-area entries appear multiple times (Varjo 2025-08-13; Ovido 2025-06-17; Tecnotree 2022-09-07; plus other Southern Finland listings), and Tampere and Oulu each recur. Stage labeling is also uneven: 7 of 12 rows have an explicit amount with either “Seed,” “Series A,” or “Post-IPO Secondary,” while 2 entries are marked “undisclosed” (Cajo Technologies, 2025-05-21; Profilence, 2024-06-14) and Varjo’s round is “Series Unknown” (2025-08-13).

Most recent rounds

12 shown

Related listings

Frequently asked

What’s the largest disclosed hardware round in this Finland list, and how much bigger is it than the rest?

Wirepas’ $12M (2021-09-01) is the largest disclosed amount among the 12 rows shown. The next-largest disclosed figures are $9M (Comptek Solutions, 2023-08-15) and $7M (Basemark, 2020-07-07), while several disclosed rounds fall below the $3M–$7M band (e.g., $450K at SeeTrue Technologies on 2022-09-22).

Do the most recent deals cluster into a narrow time window?

Yes. Four of the 12 rounds have dates between 2025-05-21 and 2025-09-08: Cajo Technologies (2025-05-21, undisclosed), Profilence is earlier (2024-06-14), then Ovido ($3M on 2025-06-17), Varjo ($6M on 2025-08-13), and Agate Sensors ($5M on 2025-09-08).

Which cities recur most often across the Helsinki/Oulu/Tampere regions?

Helsinki-area listings recur: Varjo is in Helsinki (2025-08-13, $6M) and Ovido is in Helsinki (2025-06-17, $3M), while Tecnotree is also listed in Espoo/Southern Finland (2022-09-07, $6M). Oulu appears multiple times as well (Cajo Technologies in Kempele/Oulu region on 2025-05-21, Profilence in Oulu on 2024-06-14, and SensorFu in Oulu on 2021-11-11, $700K).

What stage mix dominates the disclosed rounds here?

Among the rows with explicit disclosed amounts, Seed appears frequently: Agate Sensors (Seed, $5M; 2025-09-08), Ovido (Seed, $3M; 2025-06-17), Hyperion Robotics (Seed, $3M; 2022-10-25), SeeTrue Technologies (Seed, $450K; 2022-09-22), and SensorFu (Seed, $700K; 2021-11-11). By contrast, “Series A” is represented by Comptek Solutions ($9M; 2023-08-15) and “Post-IPO Secondary” by Tecnotree ($6M; 2022-09-07).

Are there outliers in disclosed amount or round type worth flagging?

Two amount outliers stand out on the low end: SeeTrue Technologies at $450K (Seed, 2022-09-22) and SensorFu at $700K (Seed, 2021-11-11) are far below the higher end of disclosed amounts like Wirepas’ $12M (2021-09-01) and Comptek Solutions’ $9M (2023-08-15). On round-type labeling, “Series Unknown” is used for Varjo ($6M; 2025-08-13) and Cajo Technologies/Profilence are explicitly “undisclosed” on amount.

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