\Finnish startups startups and scaleups to watch in 2021

\Finnish startups startups and scaleups to watch in 2021

Home to one of Europe’s preeminent startup conferences, Slush, Finland has a fast-growing startup ecosystem.

So far this year Finnish startups have raised €1bn from VC funds, more than the €1bn in all of 2020.

But which are the most exciting startups and scaleups? Which are the ones to watch in 2021?

Our team of experts at Sifted have chosen a list of exciting companies we think you need to know about, with an added ‘Sifted take’ on some to provide an extra layer of insight.

It’s a mixture of the big and the small, the well known and the under the radar. But all are making waves. Keep reading below and stay informed about Europe’s new economy!

(P.S The data is from European Startups, with valuation estimates from Dealroom. If there is anyone missing from this list, or anything is wrong, please let us know by email at [email protected]).

Key

Year founded

Amount raised

Last funding round

Valuation

Employees

Happeo's logo

Happeo

The community-powered employee communications platform

Helsinki, Finland

18.2m

€44-€65m

50-100

Enfuce's logo

Enfuce

Enfuce – A new kind of financial service provider without legacy and focusing on the future possibilities within payments

Espoo, Finland

17m

€28-€42m

50-100

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Zapper's logo

Zapper

The ultimate hub for managing DeFi assets & liabilities. Zapper Exchange is a DEX aggregator powered by 0x API, sourcing the best trading rates in DeFi across 20+ liquidity sources

Helsinki, Finland

15m

€55—82m

10-50

ZenRobotics's logo

ZenRobotics

Robotic recycling systems

Helsinki, Finland

14.91m

€52-€78m

50-100

Nosto's logo

Nosto

E-commerce platform providing product recommendations based on individual behavioral data

Helsinki, Finland

14.27m

€27-€40m

100-500

Haltian's logo

Haltian

Brings wireless technologies to new frontiers, creatively realizing any mobile and sensor technology need

Oulu, Finland

13.8m

€18-€27m

100-500

Zervant's logo

Zervant

Zervant Oy develops and publishes invoicing software

Espoo, Finland

13.7m

€24-€36m

10-50

Freska's logo

Freska

On-demand online home cleaning

Helsinki, Finland

12.45m

€42-€63m

100-500

Meru Health's logo

Meru Health

We are on a mission to improve the lives of people living with depression

Helsinki, Finland

12.4m

€29-€44m

100-500

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Grand Cru's logo

Grand Cru

Developer of free to play iOS games

Helsinki, Finland

11.82m

€40-€60m

1-10

Vaadin's logo

Vaadin

Java framework for building modern web applications

Turku, Finland

10.5m

€20-€30m

100-500

Brella's logo

Brella

Simple event networking software

Helsinki, Finland

10.3m

€36—55m

50-100

Bob W's logo

Bob W

Offers apartments with hotel-like features in the trendiest districts, designed for the global citizen

Helsinki, Finland

10m

€24—36m

10-50

Silo.AI's logo

Silo.AI

Largest private AI lab in the Nordics

Helsinki, Finland

10m

€40-€60m

100-500

Edzcom's logo

Edzcom

Finnish mobile data operator

Helsinki, Finland

9.8m

€39-€59m

10-50

Critical Force's logo

Critical Force

Developer of Critical Ops - a popular esports game

Kajaani, Finland

9.73m

€16-€24m

50-100

Smarp's logo

Smarp

Enter the modern world of employee communication! Smarp helps employees to share knowledge with their colleagues and external social media networks

Helsinki, Finland

9.43m

€17-€25m

50-100

HumanCharger's logo

HumanCharger

Light therapy headset that delivers light to the photosensitive receptors in the brain through the ear canal.

Oulu, Finland

9.22m

€35-€53m

1-10

Basemark Oy's logo

Basemark Oy

Development tools for the next generation of autonomous and connected vehicles

Helsinki, Finland

€9m

€28-€42m

50-100

Frosmo's logo

Frosmo

ECommerce growth management software and service company

Helsinki, Finland

8.5m

€34-€51m

10-50

Logos provided by Clearbit