# Butterfly Ventures: portfolio, investments and team > Butterfly Ventures is a vc firm based in Finland. 17 investments on record, latest Apr 2024. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/butterfly-venture (Millionrounds; every figure on the page links to its filing or article) Finland · [Investor](https://millionrounds.com/investors) # Butterfly Ventures Last cheque observed Apr 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet VC firm Pre-seed Seed Series A Recurring Software Collaboration Tools Follow Butterfly Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbutterfly-venture) Cheques on record **0%** of best year **0** **cheques in 12 months**, 17 on record Since the last cheque **918** days **00** hrs **00** min **00** sec Median round **$1.6M** Rounds led **0 of 17** Sole investor **1 rounds** Mostly in **Finland, 76%** Pitch Butterfly Ventures ## Butterfly Ventures highlights - 01 17 rounds on record - 02 Mostly Seed and Venture: 88% of its rounds - 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-seed Seed Series A Series B - **Sectors:** Recurring Software Collaboration Tools - **Based in:** Helsingfors, Finland - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **17 appearances** - **2024** 1 round - **Apr** **[10Lines](https://millionrounds.com/company/10lines)** Seed · EE · Tera Ventures **$1.6M** With 5 others - **2019** 1 round - **Sept** **[Revonte](https://millionrounds.com/company/revonte)** Seed · FI · Tech.eu **$2.0M** With 1 other - **2018** 1 round - **Sept** **[Natufia Labs](https://millionrounds.com/company/natufia-labs)** Seed · EE · FinSMEs **$1.2M** With 2 others - **2015** 2 rounds - **Sept** **[Fabula](https://millionrounds.com/company/fabula)** Seed · LV **$505K** With 1 other - **Feb** **[CreateTrips](https://millionrounds.com/company/createtrips)** Seed · FI **$1.6M** With 2 others - **2014** 6 rounds - **Nov** **[Augumenta](https://millionrounds.com/company/augumenta)** Seed · FI **Undisclosed** With 1 other - **Oct** **[CadFaster](https://millionrounds.com/company/cadfaster)** Venture · FI **$228K** With 1 other - **Aug** **[NaturVention](https://millionrounds.com/company/naturvention)** Venture · FI **$1.5M** With 2 others - **Aug** **[Kyynel](https://millionrounds.com/company/kyynel)** Series A · FI **$2.7M** With 1 other - **Aug** **[Pint Please](https://millionrounds.com/company/pint-please)** Seed · FI **$455K** With 1 other - **Jun** **[CreateTrips](https://millionrounds.com/company/createtrips)** Seed · FI **$600K** With 2 others - **2013** 2 rounds - **Dec** **[CadFaster](https://millionrounds.com/company/cadfaster)** Venture · FI **$250K** With 1 other - **Jan** **[MyCadbox](https://millionrounds.com/company/mycadbox)** Venture · GB · techcrunch.com **$4.0M** With 2 others - **2012** 2 rounds - **Dec** **[CadFaster](https://millionrounds.com/company/cadfaster)** Venture · FI **$405K** With 1 other - **Jan** **[FilmMe](https://millionrounds.com/company/filmme)** Venture · FI **$365K** Sole investor - **2011** 1 round - **Dec** **[CadFaster](https://millionrounds.com/company/cadfaster)** Series A · FI **$335K** With 1 other - **2010** 1 round - **Dec** **[CadFaster](https://millionrounds.com/company/cadfaster)** Seed · FI **$1.5M** With 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. - [**Elo Mutual Pension Insurance Company** 1 fund](https://millionrounds.com/fund/elo) Fund Vintage Committed Butterfly Ventures - - ## What they claim to have backed From their own portfolio page (on their website) **23** of 60 we have independently watched raise [Asthmatuner](https://millionrounds.com/company/asthmatuner)[Atium](https://millionrounds.com/company/atium)[Coolbrook](https://millionrounds.com/company/coolbrook)[Cooliblade](https://millionrounds.com/company/cooliblade)[Delos](https://millionrounds.com/company/delos)[Elonroad](https://millionrounds.com/company/elonroad)[Fjuul](https://millionrounds.com/company/fjuul)[Flow-computing](https://millionrounds.com/company/flow-computing)[Gbuilder](https://millionrounds.com/company/gbuilder)[Happyplantprotein](https://millionrounds.com/company/happy-plant-protein)[Hypertype](https://millionrounds.com/company/hypertype)[Intelecy](https://millionrounds.com/company/intelecy)[Inventure](https://millionrounds.com/company/inventure)[Kyynel](https://millionrounds.com/company/kyynel)[Naava](https://millionrounds.com/company/naava)[Norsepower](https://millionrounds.com/company/norsepower)[Polar-light-technologies](https://millionrounds.com/company/polar-light-technologies)[Reactionalmusic](https://millionrounds.com/company/reactional-music)[Retein](https://millionrounds.com/company/retein)[Smallgiantgames](https://millionrounds.com/company/small-giant-games)[Spindrive](https://millionrounds.com/company/spindrive)[Where great startups](https://millionrounds.com/company/om)[high-performance batteries](https://millionrounds.com/company/geyser-batteries) 01 Ventures 10linesrobots 3awater A sales ready Cerenion C-TREND ™ Creandum Creoir Cubi Cybercoach Daisyvarhaiskasvatus Embedl Evokailabs Hintsa How to ensure Icebreaker.vc Incipientus Ioliving Mitta Monidor Nordamps Ntrain Olfactomics Pbsgeneration Pepins Profilence Proximi Reaktor Ventures Riact Sapotech Sarokal Sisusemi Slush Sports-tracker Springvest Stealthcase Surgifymedical Taika3d and 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. ## The cheque Pre-seed Seed Series A Median round joined **$1.6M** the round, not its cheque Alone, median **$365K** Led 0 of 17 rounds **0%** - **Sole investor:** 1 rounds - **Last cheque:** Apr 2024 Rounds by stage said on their site - Seed said *9* - Venture *6* - Series A said *2* - Pre-seed said *-* - Series B said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Finnvera Venture Capital](https://millionrounds.com/fund/finnvera) 6 - [Fly Ventures](https://millionrounds.com/fund/fly-ventures) 2 **Pitching Butterfly Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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. [**Finnvera Venture Capital** Government **6** rounds together](https://millionrounds.com/fund/finnvera)[**Fly Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/fly-ventures) ## Recently backed The latest companies Butterfly Ventures put money into. [**10Lines** $1.6M · Apr 2024](https://millionrounds.com/company/10lines)[**Revonte** $2.0M · Sept 2019](https://millionrounds.com/company/revonte)[**Natufia Labs** $1.2M · Sept 2018](https://millionrounds.com/company/natufia-labs) ## 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. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=butterfly-venture) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=butterfly-venture)