# Growth investors in Finland (2026 list)

> 33 growth investors in Finland, 97% active in the last 12 months. Led by Andreessen Horowitz, Alumni Ventures, General Catalyst. Ranked by what they funded.

Source: https://millionrounds.com/lists/growth-investors-in-finland (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Growth investors in Finland

Updated 7 November 2026

Firms we have watched take part in a growth round raised by a company in Finland in the last two years, wherever the firm is based.

[See all 33 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgrowth-investors-in-finland)The top 25

**33** investors on the list No change this week

**1,786** cheques in 12 months *-2%* against the market

**$27M** median round they joined *+241%* against the market median

**97%** wrote a cheque in 12 months

**76%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 2 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen
- 3 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 4 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 5 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 6 [Citibank](https://millionrounds.com/fund/citi) *Deploying now* Growth equity · United States **566** **$20M** median round **Oct 2026** last seen
- 7 [Temasek Holdings](https://millionrounds.com/fund/temasek) *Deploying now* VC firm · Singapore **384** **$100M** median round **Oct 2026** last seen
- 8 [Draper Associates](https://millionrounds.com/fund/draper-associates) *Deploying now* VC firm · United States **370** **$6M** median round **Nov 2026** last seen
- 9 [Fidelity](https://millionrounds.com/fund/fidelity) *Deploying now* VC firm · United States **360** **$119M** median round **Nov 2026** last seen
- 10 [BlackRock](https://millionrounds.com/fund/blackrock) *Deploying now* Asset manager · United States **296** **$130M** median round **Nov 2026** last seen
- 11 [General Atlantic](https://millionrounds.com/fund/general-atlantic) *Deploying now* Private equity · United States **273** **$127M** median round **Oct 2026** last seen
- 12 [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) *Deploying now* VC firm · United States **225** **$20M** median round **Oct 2026** last seen
- 13 [TCV](https://millionrounds.com/fund/tcv) *Deploying now* Private equity · United States **200** **$100M** median round **Oct 2026** last seen
- 14 [Business Finland](https://millionrounds.com/fund/business-finland) *Deploying now* Accelerator · Finland **153** **$2.3M** median round **Sept 2026** last seen
- 15 [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) *Deploying now* VC firm · Finland **141** **$5.7M** median round **Nov 2026** last seen
- 16 [Seraphim Space](https://millionrounds.com/fund/seraphim-space) *Deploying now* VC firm · United Kingdom **125** **$6.4M** median round **Oct 2026** last seen
- 17 [Innovestor](https://millionrounds.com/fund/innovestor) *Deploying now* Angel network · Finland **58** **$2.5M** median round **Oct 2026** last seen
- 18 [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) *Deploying now* Family office · United States **56** **$158M** median round **Oct 2026** last seen
- 19 [Qatar Ban](https://millionrounds.com/fund/qatar-ban) *Deploying now* Growth equity · Qatar **33** **$548M** median round **Sept 2026** last seen
- 20 [Tesi](https://millionrounds.com/fund/tesi) *Deploying now* Government · Finland **29** **$17M** median round **Sept 2026** last seen
- 21 [Nokia](https://millionrounds.com/fund/nokia) *Deploying now* Corporate VC · Finland **21** **$433M** median round **Jun 2026** last seen
- 22 [Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund) *Deploying now* Growth equity · United States **8** **$425M** median round **Oct 2026** last seen
- 23 [Varma Mutual Pension Insurance Company](https://millionrounds.com/fund/varma) *Deploying now* Institutional LP · Finland **7** **$64M** median round **Sept 2026** last seen
- 24 [Atreides](https://millionrounds.com/fund/atreides) *Deploying now* Private equity · United States **6** **$600M** median round **Aug 2026** last seen
- 25 [EQT's Scaleup Europe Fund](https://millionrounds.com/fund/eqt-s-scaleup-europe-fund) *Deploying now* Growth equity **5** **$450M** median round **Sept 2026** last seen

**8 more on this list**

All 33 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgrowth-investors-in-finland)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Vensum Power](https://millionrounds.com/company/vensum-power)** Series A · $10M *Led by* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *With* [Fidelity](https://millionrounds.com/fund/fidelity)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- **5** Nov **[RadianX](https://millionrounds.com/company/radianx)** Seed · $9M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Fidelity](https://millionrounds.com/fund/fidelity)
- **4** Nov **[Titan OS](https://millionrounds.com/company/titan-os)** Other · $46M *With* [BlackRock](https://millionrounds.com/fund/blackrock)

## Stages This Year

1,539 rounds

- Venture **18%**
- Series A **16%**
- Seed **15%**
- Series B **9%**
- Debt **7%**
- Other **34%**

## What They Backed

Sectors, last 12 months

- AI **584**
- Biotech **146**
- Fintech **107**
- Healthcare **104**
- Aerospace & Space **83**
- Big Data & Analytics **72**

## Cheques by Quarter

Led Joined

434 Q1 25

464 Q2 25

510 Q3 25

581 Q4 25

558 Q1 26

499 Q2 26

412 Q3 26

117 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Early stage investors in United States 3,774](https://millionrounds.com/lists/early-stage-investors-in-united-states)
- [Series A investors in United States 2,305](https://millionrounds.com/lists/series-a-investors-in-united-states)
- [Seed investors in United States 2,252](https://millionrounds.com/lists/seed-investors-in-united-states)
- [Series B investors in United States 1,647](https://millionrounds.com/lists/series-b-investors-in-united-states)
- [Growth investors in United States 1,329](https://millionrounds.com/lists/growth-investors-in-united-states)
- [Early stage investors in United Kingdom 1,166](https://millionrounds.com/lists/early-stage-investors-in-united-kingdom)
- [Series C investors in United States 967](https://millionrounds.com/lists/series-c-investors-in-united-states)
- [Pre-seed investors in United States 774](https://millionrounds.com/lists/pre-seed-investors-in-united-states)
- [Seed investors in United Kingdom 692](https://millionrounds.com/lists/seed-investors-in-united-kingdom)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders at Series B and scaling

- Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible
- One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible
- The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible
- Scaling Up: How a Few Companies Make It...and Why the Rest Don't Verne Harnish · 2014 4.16 from 6,229 ratings on Goodreads Scaling and operations Leading and managing About the book Winner of the 2015 International Book Awards for General Business Winner of the 2015 National Indie Excellence Award for General Business Winner of the 2015 Readers' Favorite International Book Award Gold Medal for Non-Fiction Business Winner of the 2015 Paris Book… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=scaling).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about growth investors in Finland

### Who are the most active growth investors in Finland?

By cheques observed, the most active are Andreessen Horowitz, Alumni Ventures, General Catalyst, Bpifrance and EIC Accelerator.

### How many growth investors in Finland are there?

33 are on record. 97% made an investment in the last 12 months and 76% have led a round.

### Which stages do growth investors in Finland back?

Of the rounds with a named stage in the last 12 months, mostly Series A (23%) and Seed (21%).

### How big are the rounds growth investors in Finland join?

The typical (median) round among the leading investors here is $27M.

### Which sectors do growth investors in Finland back most?

In the last 12 months, mostly AI, Biotech and Fintech.

### Which growth investors in Finland lead the most rounds?

Andreessen Horowitz (114 led), General Catalyst (97 led) and General Atlantic (32 led).

### Where are growth investors in Finland based?

Among the most active, most are based in the United States (13), Finland (6) and France (1).

### What have growth investors in Finland invested in recently?

Recent rounds include Vensum Power (Series A, Nov 2026, with Lifeline Ventures), Harbinger (Series D+, Nov 2026, with Fidelity) and firmly (Series A, Nov 2026, with Alumni Ventures).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)