Finland · Investor

Butterfly Ventures

Last cheque observed Apr 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

Pre-seedSeedSeries ARecurringSoftwareCollaboration Tools

Cheques on record
0%of best year0cheques in 12 months, 17 on record
Since the last cheque918days00hrs00min00sec
Median round$1.6MRounds led0 of 17Sole investor1 roundsMostly inFinland, 76%
Pitch Butterfly Ventures

Butterfly Ventures highlights

  1. 01

    17 rounds on record

  2. 02

    Mostly Seed and Venture: 88% of its rounds

  3. 03

    Sole investor in 1 rounds, median $365K

What they do

Butterfly Ventures is the leading seed entry deep tech VC in the Nordics.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries ASeries B
Sectors
RecurringSoftwareCollaboration Tools
Based in
Helsingfors, Finland
Cold pitches
Not stated

The record

Every round we can evidence, newest first17 appearances

  1. 2024

    1 round

  2. Apr
    10LinesSeed · EE · Tera Ventures$1.6MWith 5 others
  3. 2019

    1 round

  4. Sept
    RevonteSeed · FI · Tech.eu$2.0MWith 1 other
  5. 2018

    1 round

  6. Sept
    Natufia LabsSeed · EE · FinSMEs$1.2MWith 2 others
  7. 2015

    2 rounds

  8. Sept
    FabulaSeed · LV$505KWith 1 other
  9. Feb
    CreateTripsSeed · FI$1.6MWith 2 others
  10. 2014

    6 rounds

  11. Nov
    AugumentaSeed · FIUndisclosedWith 1 other
  12. Oct
    CadFasterVenture · FI$228KWith 1 other
  13. Aug
    NaturVentionVenture · FI$1.5MWith 2 others
  14. Aug
    KyynelSeries A · FI$2.7MWith 1 other
  15. Aug
    Pint PleaseSeed · FI$455KWith 1 other
  16. Jun
    CreateTripsSeed · FI$600KWith 2 others
  17. 2013

    2 rounds

  18. Dec
    CadFasterVenture · FI$250KWith 1 other
  19. Jan
    MyCadboxVenture · GB · techcrunch.com$4.0MWith 2 others
  20. 2012

    2 rounds

  21. Dec
    CadFasterVenture · FI$405KWith 1 other
  22. Jan
    FilmMeVenture · FI$365KSole investor
  23. 2011

    1 round

  24. Dec
    CadFasterSeries A · FI$335KWith 1 other
  25. 2010

    1 round

  26. Dec
    CadFasterSeed · FI$1.5MWith 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 11 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Who backs their funds

1 LP on record in Butterfly Ventures's funds

Funds
1

The institutions that put money into its funds, which the firm then invests in companies.Source: an LP list.

What they claim to have backed

From their own portfolio page (on their website)

23 of 60 we have independently watched raise

AsthmatunerAtiumCoolbrookCoolibladeDelosElonroadFjuulFlow-computingGbuilderHappyplantproteinHypertypeIntelecyInventureKyynelNaavaNorsepowerPolar-light-technologiesReactionalmusicReteinSmallgiantgamesSpindriveWhere great startupshigh-performance batteries01 Ventures10linesrobots3awaterA sales readyCerenion C-TREND ™CreandumCreoirCubiCybercoachDaisyvarhaiskasvatusEmbedlEvokailabsHintsaHow to ensureIcebreaker.vcIncipientusIolivingMittaMonidorNordampsNtrainOlfactomicsPbsgenerationPepinsProfilenceProximiReaktor VenturesRiactSapotechSarokalSisusemiSlushSports-trackerSpringvestStealthcaseSurgifymedicalTaika3dand 10 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Butterfly Ventures. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Butterfly Ventures put money into.

Quick answers about Butterfly Ventures

What does Butterfly Ventures invest in?

Butterfly Ventures invests most often at Seed and Venture (88% of the rounds on record), in sectors such as Recurring, Software and Collaboration Tools.

How active is Butterfly Ventures?

17 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2024.

What has Butterfly Ventures invested in recently?

Its most recent investments on record: 10Lines (Seed, Apr 2024), Revonte (Seed, Sept 2019) and Natufia Labs (Seed, Sept 2018).

How big are Butterfly Ventures's cheques?

The median round it joins is $1.6M.

Does Butterfly Ventures lead rounds?

Rarely, if at all: none of its 17 investments on record names it as the lead.

Where does Butterfly Ventures invest?

Most of the companies it backs are in Finland (76%), Estonia (12%) and Latvia (6%).

Is Butterfly Ventures investing now?

No investments in the last 12 months; the latest was in Apr 2024.

Who does Butterfly Ventures invest alongside?

Most often Finnvera Venture Capital (6 rounds together) and Fly Ventures (2 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it