Finland · Seed startup

Who invested in Skyfora

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIBig Data & AnalyticsClimate TechLogistics

Raised 5 months ago

Funding summaryUpdated 26 Oct 2026

$12Mraised across 2 rounds since 2025, from 2 sources

$4.2MSeed$7.5MSeed
Latest round
Seed, $7.5MJun 2026
Led by
Ugly Duckling Ventures
Step-upi
1.8×
Investors
6 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$4.2MSeed$7.5MSeed
First round
Seed, $4.2M
Mar 2025
Biggest round
$7.5M
Seed · Jun 2026
Between rounds
15 months
from the last two

The rounds

  1. Jun 2026
  2. Mar 2025
    Seed$4.2M3 new

    Source recorded

Founders and team

From Skyfora's own website: 12 on the team.

  • Fredrik BorgströmChief Executive Officer (CEO)
  • Christoffer von SchantzChief Partner Officer (CPO)
  • Jostein MælanChief Commercial Officer (CCO)
  • Kim KaistiChief Technical Officer (CTO)
  • Marja MattilaChief Financial Officer (CFO)
  • Petteri SurvoHead of Production and Quality
  • Anton KaistiEmbedded sw engineer
  • Benjamin TigerhielmMachine learning engineer
  • Heikki TurtiainenSenior Scientist
  • Ilkka IkonenSenior Scientist
  • Jaakko SantalaPrincipal Software Engineer
  • Matthias Aichinger-RosenbergerSenior Radio Occultation Scientist

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

EIC AcceleratorGovernment2rounds
Voima VenturesVC firm2rounds
LUMO LabsVC firm2rounds
Ugly Duckling VenturesVC firm1round, led 1
Business FinlandAccelerator1round
Eviny VenturesCorporate VC1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Skyfora

Who invested in Skyfora?

Skyfora's investors include EIC Accelerator, Voima Ventures, LUMO Labs, Ugly Duckling Ventures and Business Finland, and 1 more on record. Ugly Duckling Ventures led its latest round.

How much has Skyfora raised?

Skyfora has raised $12M across 2 rounds since 2025.

When did Skyfora last raise?

Skyfora's most recent round was a Seed of $7.5M in Jun 2026, led by Ugly Duckling Ventures.

What was Skyfora's biggest round?

Its most recent round, $7.5M in Jun 2026, is also its largest on record.

Who backed Skyfora first?

Skyfora's first round on record, in Mar 2025, was backed by EIC Accelerator, Voima Ventures and LUMO Labs.

What stage is Skyfora at?

Skyfora's latest named round is a Seed, in Jun 2026.

Where is Skyfora based?

Skyfora is based in Finland.

Who led Skyfora's rounds?

Ugly Duckling Ventures led the Seed in 2026.

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