# Finland

Exclusive: Quantum software startup Algorithmiq raises €18m, relocates to Italy
Pro
Exclusive
May 11, 2026
Exclusive: Quantum software startup Algorithmiq raises €18m, relocates to Italy
The startup recently demonstrated ‘quantum advantage’ in an experiment conducted in partnership with IBM
Daphné Leprince-Ringuet
Verda raises €100m to build European hyperscaler, plans to hire 100+ people and launch in new markets
News
April 24, 2026
Verda raises €100m to build European hyperscaler, plans to hire 100+ people and launch in new markets
The Finnish cloud provider, formerly known as Datacrunch, says its success comes from being vertically integrated
Mimi Billing
IQM set to go public at $1.8bn valuation
News
February 23, 2026
IQM set to go public at $1.8bn valuation
The Finnish company announced plans to list in the US via a SPAC
Daphné Leprince-Ringuet
From Oura to Wolt: Inside the VC backing Finland’s biggest unicorns
Pro
Interview
January 22, 2026
From Oura to Wolt: Inside the VC backing Finland’s biggest unicorns
Early-stage VC Lifeline Ventures is working to boost Finland’s unicorn count — including publishing a startup handbook for high school students.
Mimi Billing
12 early-stage Finnish startups to watch, according to investors
Pro
Investor survey
January 22, 2026
12 early-stage Finnish startups to watch, according to investors
Sifted asked local investors to share promising startups in the country right now
Mimi Billing
European tech’s 2025 in data: VC funding reaches its third-best year on record
Pro
Sifted data
December 19, 2025
European tech’s 2025 in data: VC funding reaches its third-best year on record
Europe’s top eight tech hubs all record year-on-year funding growth, as AI investment jumps 161%
Jonathan Sinclair and Federico Scolari
Tackling Europe’s chip bottleneck: Semiconductor VC Cloudberry closes €30m fund
Pro
Exclusive
December 18, 2025
Tackling Europe’s chip bottleneck: Semiconductor VC Cloudberry closes €30m fund
The Helsinki and London-based VC will back startups in semiconductors, photonics and advanced materials
Daphné Leprince-Ringuet
Satellite startup Iceye hits €2.4bn valuation as it zeroes in on defence
News
December 5, 2025
Satellite startup Iceye hits €2.4bn valuation as it zeroes in on defence
Finnish startup working with defence primes and governments in countries like Finland and the Netherlands
Anne Sraders
Fintech’s ‘unsexy’ B2B era reigns supreme at Slush
Pro
Features
November 24, 2025
Fintech’s ‘unsexy’ B2B era reigns supreme at Slush
The sector’s enthusiasm for business-facing solutions is unlikely to fade anytime soon, attendees say
Tom Matsuda
Founders will miss out on ‘10x’ their valuation if they don’t lean into the defence hype, says Iceye cofounder
Pro
Interview
November 24, 2025
Founders will miss out on ‘10x’ their valuation if they don’t lean into the defence hype, says Iceye cofounder
Finnish spacetech Iceye has been leaning into defence; cofounder Pekka Laurila thinks other startups might need to as well
Anne Sraders
Oura hits $11bn valuation after $900m Series E
News
October 14, 2025
Oura hits $11bn valuation after $900m Series E
The Finnish smart ring maker is targeting $1bn in revenue in 2025
Kai Nicol-Schwarz
The investors behind the Nordics’ and Benelux's fastest-growing startups
Pro
Fastest-growing startups
September 12, 2025
The investors behind the Nordics’ and Benelux's fastest-growing startups
EIT tops the list of public investors, with stakes in 11 of the 100 startups
Becca Lipman
Weight loss platform Yazen tops new Sifted leaderboard
News
September 11, 2025
Weight loss platform Yazen tops new Sifted leaderboard
The Sifted 100: Nordics and Benelux ranks the fastest-growing startups in both regions
Éanna Kelly
ReOrbit secures Europe’s largest spacetech Series A as defence demand surges
News
September 9, 2025
ReOrbit secures Europe’s largest spacetech Series A as defence demand surges
The €45m will be used to increase the manufacturing capacity of satellites
Mimi Billing
Iceye: The Finnish startup at the heart of modern warfare
Pro
Profile
September 4, 2025
Iceye: The Finnish startup at the heart of modern warfare
By partnering with Rheinmetall and Saab, Iceye has leapt into the defence arena
Mimi Billing
Finland’s IQM lands $320m Series B to scale quantum computers
News
September 3, 2025
Finland’s IQM lands $320m Series B to scale quantum computers
The fundraising will support the startup’s expansion into the US
Miriam Partington and Martin Coulter
AI-native deal sourcing platform Inven raises $12.8m Series A to bolster US growth
Exclusive
May 28, 2025
AI-native deal sourcing platform Inven raises $12.8m Series A to bolster US growth
Founded in 2023, the startup covers over 21m companies globally
Mimi Billing
Quantum startup IQM in talks to raise more than €128m
News
April 2, 2025
Quantum startup IQM in talks to raise more than €128m
IQM is currently Europe’s second-best funded hardware startup
Miriam Partington and Kai Nicol-Schwarz
Exclusive: OpenOcean raises €100m to invest in AI and private equity-rollup startups
News
March 13, 2025
Exclusive: OpenOcean raises €100m to invest in AI and private equity-rollup startups
The deeptech-focused fund will invest in up to 20 startups and is targeting a final close of €130m by summer
Anne Sraders
Five unicorns and under 6m people: What makes Finland's startup ecosystem different?
Places
December 23, 2024
Five unicorns and under 6m people: What makes Finland's startup ecosystem different?
From generous government funding to a STEM-focused education system, Finland has long laid the foundations for its flourishing entrepreneurial landscape
Sponsored by: Business Finland
Smart ring maker Oura raises $125m as it eyes global expansion
News
December 19, 2024
Smart ring maker Oura raises $125m as it eyes global expansion
The announcement comes a month on from the startup’s $75m raise
Kai Nicol-Schwarz
Smart ring maker Oura hits a $5bn valuation after raising $75m
News
November 19, 2024
Smart ring maker Oura hits a $5bn valuation after raising $75m
The Finnish healthtech has increasingly looked to branch out beyond sleep tracking in recent years
Kai Nicol-Schwarz
Wolt CEO: ‘We always thought that we would evolve to become more like a bank’
Interview
October 10, 2024
Wolt CEO: ‘We always thought that we would evolve to become more like a bank’
As the delivery giant turns 10, cofounder Miki Kuusi shares what’s on the roadmap for the next decade
Amy Lewin
14 deeptech soonicorns in Europe
Analysis
March 14, 2024
14 deeptech soonicorns in Europe
The European deeptech startups likely to hit a billion-dollar valuation soon
Cristina Gallardo

# Finland

Exclusive: Quantum software startup Algorithmiq raises €18m, relocates to Italy

Verda raises €100m to build European hyperscaler, plans to hire 100+ people and launch in new markets

IQM set to go public at $1.8bn valuation

From Oura to Wolt: Inside the VC backing Finland’s biggest unicorns

12 early-stage Finnish startups to watch, according to investors

European tech’s 2025 in data: VC funding reaches its third-best year on record

Tackling Europe’s chip bottleneck: Semiconductor VC Cloudberry closes €30m fund

Satellite startup Iceye hits €2.4bn valuation as it zeroes in on defence

Fintech’s ‘unsexy’ B2B era reigns supreme at Slush

Founders will miss out on ‘10x’ their valuation if they don’t lean into the defence hype, says Iceye cofounder

Oura hits $11bn valuation after $900m Series E

The investors behind the Nordics’ and Benelux's fastest-growing startups

Weight loss platform Yazen tops new Sifted leaderboard

ReOrbit secures Europe’s largest spacetech Series A as defence demand surges

Iceye: The Finnish startup at the heart of modern warfare

Finland’s IQM lands $320m Series B to scale quantum computers

AI-native deal sourcing platform Inven raises $12.8m Series A to bolster US growth

Quantum startup IQM in talks to raise more than €128m

Exclusive: OpenOcean raises €100m to invest in AI and private equity-rollup startups

Five unicorns and under 6m people: What makes Finland's startup ecosystem different?

Smart ring maker Oura raises $125m as it eyes global expansion

Smart ring maker Oura hits a $5bn valuation after raising $75m

Wolt CEO: ‘We always thought that we would evolve to become more like a bank’

14 deeptech soonicorns in Europe