# Skyfora funding: rounds and investors > Skyfora has raised $12M across 2 rounds since 2025. Investors include EIC Accelerator, Voima Ventures and LUMO Labs. Every round with its source. Source: https://millionrounds.com/company/skyfora (Millionrounds; every figure on the page links to its filing or article) Finland · [Seed startup](https://millionrounds.com/companies) # 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. AI Big Data & Analytics Climate Tech Logistics Raised 5 months ago Funding summary Updated 26 Oct 2026 **$12M** raised across 2 rounds since 2025, from 2 sources **$4.2M** Seed **$7.5M** Seed - **Latest round:** Seed, $7.5M Jun 2026 - **Led by:** Ugly Duckling Ventures - **Step-up i:** 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 **$4.2M** Seed **$7.5M** Seed - **First round:** Seed, $4.2M - **Biggest round:** $7.5M - **Between rounds:** 15 months ## The rounds - **Jun 2026** Seed **$7.5M** *3 new* *3 returning* [Ugly Duckling Ventures](https://millionrounds.com/fund/ugly-duckling-ventures) Lead [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Business Finland](https://millionrounds.com/fund/business-finland) [Voima Ventures](https://millionrounds.com/fund/voima-ventures) [LUMO Labs](https://millionrounds.com/fund/lumo-labs) [Eviny Ventures](https://millionrounds.com/fund/eviny-ventures) Reported by LUMO Labs - **Mar 2025** Seed **$4.2M** *3 new* [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Voima Ventures](https://millionrounds.com/fund/voima-ventures) [LUMO Labs](https://millionrounds.com/fund/lumo-labs) Source recorded ## Founders and team From Skyfora's own website: 12 on the team. - **Fredrik Borgström** Chief Executive Officer (CEO) - **Christoffer von Schantz** Chief Partner Officer (CPO) - **Jostein Mælan** Chief Commercial Officer (CCO) - **Kim Kaisti** Chief Technical Officer (CTO) - **Marja Mattila** Chief Financial Officer (CFO) - **Petteri Survo** Head of Production and Quality - **Anton Kaisti** Embedded sw engineer - **Benjamin Tigerhielm** Machine learning engineer - **Heikki Turtiainen** Senior Scientist - **Ilkka Ikonen** Senior Scientist - **Jaakko Santala** Principal Software Engineer - **Matthias Aichinger-Rosenberger** Senior 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. **Seed** 2025 **Seed** 2026 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Voima Ventures](https://millionrounds.com/fund/voima-ventures) [LUMO Labs](https://millionrounds.com/fund/lumo-labs) [Ugly Duckling Ventures](https://millionrounds.com/fund/ugly-duckling-ventures) L [Business Finland](https://millionrounds.com/fund/business-finland) [Eviny Ventures](https://millionrounds.com/fund/eviny-ventures) ## Everyone who backed them [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Government **2** rounds [Voima Ventures](https://millionrounds.com/fund/voima-ventures) VC firm **2** rounds [LUMO Labs](https://millionrounds.com/fund/lumo-labs) VC firm **2** rounds [Ugly Duckling Ventures](https://millionrounds.com/fund/ugly-duckling-ventures) VC firm **1** round, led 1 [Business Finland](https://millionrounds.com/fund/business-finland) Accelerator **1** round [Eviny Ventures](https://millionrounds.com/fund/eviny-ventures) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=skyfora). ## 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. ## Companies like Skyfora In the same sector, and raised in the last eighteen months. [**Ambio** $5.7M · Oct 2026](https://millionrounds.com/company/ambio)[**Comparables.ai** $6.0M · Oct 2026](https://millionrounds.com/company/comparables-ai)[**Zero** $15M · Sept 2026](https://millionrounds.com/company/zero)[**Reduciner** $5.9M · Sept 2026](https://millionrounds.com/company/reduciner)[**Tiedot** Aug 2026](https://millionrounds.com/company/tiedot)[**Apukuski** Aug 2026](https://millionrounds.com/company/apukuski) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app