# Lead investors in Finland (2026 list) > 46 lead investors in Finland, 91% active in the last 12 months. Led by EIC Accelerator, Fidelity, BlackRock. Ranked by what they funded. Source: https://millionrounds.com/lists/lead-investors-in-finland (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Lead investors in Finland Updated 7 November 2026 Firms we have watched lead a round raised by a company in Finland in the last two years, wherever the firm is based. [See all 46 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Flead-investors-in-finland)The top 25 **46** investors on the list *+3* this week **629** cheques in 12 months *+4%* against the market **$10M** median round they joined *+25%* against the market median **91%** wrote a cheque in 12 months **100%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 1 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen - 2 [Fidelity](https://millionrounds.com/fund/fidelity) *Deploying now* VC firm · United States **360** **$119M** median round **Nov 2026** last seen - 3 [BlackRock](https://millionrounds.com/fund/blackrock) *Deploying now* Asset manager · United States **296** **$130M** median round **Nov 2026** last seen - 4 [General Atlantic](https://millionrounds.com/fund/general-atlantic) *Deploying now* Private equity · United States **273** **$127M** median round **Oct 2026** last seen - 5 [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) *Deploying now* VC firm · Germany **244** **$13M** median round **Oct 2026** last seen - 6 [Ventech](https://millionrounds.com/fund/ventech) *Deploying now* VC firm · France **212** **$7.4M** median round **Oct 2026** last seen - 7 [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) *Deploying now* VC firm · Finland **141** **$5.7M** median round **Nov 2026** last seen - 8 [Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) *Deploying now* VC firm · United States **128** **$16M** median round **Oct 2026** last seen - 9 [Emergence Capital](https://millionrounds.com/fund/emergence-capital) *Deploying now* VC firm · Senegal **101** **$30M** median round **Oct 2026** last seen - 10 [B2venture](https://millionrounds.com/fund/b2venture) *Deploying now* VC firm · Switzerland **94** **$9.8M** median round **Oct 2026** last seen - 11 [ByFounders](https://millionrounds.com/fund/byfounders) *Deploying now* VC firm · Denmark **71** **$3.6M** median round **Sept 2026** last seen - 12 [Emerald Technology Ventures](https://millionrounds.com/fund/emerald-technology-ventures) *Deploying now* VC firm · Switzerland **69** **$10M** median round **Sept 2026** last seen - 13 [LIFTT](https://millionrounds.com/fund/liftt) *Deploying now* VC firm · Italy **51** **$3.1M** median round **Sept 2026** last seen - 14 [Voima Ventures](https://millionrounds.com/fund/voima-ventures) *Deploying now* VC firm · Finland **47** **$4M** median round **Oct 2026** last seen - 15 [Gorilla Capital](https://millionrounds.com/fund/gorilla-capital) *Deploying now* VC firm · Finland **40** **$1.1M** median round **Nov 2026** last seen - 16 [Vendep Capital](https://millionrounds.com/fund/vendep-capital) *Deploying now* VC firm · Finland **33** **$3.1M** median round **Nov 2026** last seen - 17 [Tesi](https://millionrounds.com/fund/tesi) *Deploying now* Government · Finland **29** **$17M** median round **Sept 2026** last seen - 18 [Plural](https://millionrounds.com/fund/plural) *Deploying now* VC firm · United Kingdom **27** **$43M** median round **Nov 2026** last seen - 19 [3TS Capital Partners](https://millionrounds.com/fund/3ts-capital-partners) *Deploying now* Private equity · Finland **23** **$11M** median round **Apr 2026** last seen - 20 [Nokia](https://millionrounds.com/fund/nokia) *Deploying now* Corporate VC · Finland **21** **$433M** median round **Jun 2026** last seen - 21 [NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) *Deploying now* VC firm · Netherlands **16** **$17M** median round **Sept 2026** last seen - 22 [Hadean Ventures](https://millionrounds.com/fund/hadean-ventures) *Deploying now* Private equity · Norway **11** **$26M** median round **Sept 2026** last seen - 23 [Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund) *Deploying now* Growth equity · United States **8** **$425M** median round **Oct 2026** last seen - 24 [Gorilla Capital Fund III](https://millionrounds.com/fund/gorilla-capital-fund-iii) *Deploying now* Investment firm **8** **-** median round **Oct 2026** last seen - 25 [Araya Ventures](https://millionrounds.com/fund/araya-ventures) *Deploying now* VC firm · United Kingdom **7** **$5.5M** median round **Nov 2026** last seen **21 more on this list** All 46 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%2Flead-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 **[Saidot](https://millionrounds.com/company/saidot)** Round *Led by* [BackingMinds](https://millionrounds.com/fund/backingminds) - **5** Nov **[Claimlane](https://millionrounds.com/company/claimlane)** Series A · $6.3M *With* [Vendep Capital](https://millionrounds.com/fund/vendep-capital) - **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Fidelity](https://millionrounds.com/fund/fidelity) - **4** Nov **[Juritas](https://millionrounds.com/company/juritas)** Pre-seed · $1.6M *With* [Araya Ventures](https://millionrounds.com/fund/araya-ventures) ## Stages This Year 573 rounds - Venture **18%** - Series A **15%** - Seed **14%** - Other **12%** - Grant **7%** - Other **34%** ## What They Backed Sectors, last 12 months - AI **178** - Biotech **78** - Healthcare **46** - Hardware & Electronics **36** - Energy **35** - Aerospace & Space **29** ## Cheques by Quarter Led Joined 162 Q1 25 141 Q2 25 178 Q3 25 163 Q4 25 176 Q1 26 189 Q2 26 161 Q3 26 44 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI lead investors 1,723](https://millionrounds.com/lists/ai-lead-investors) - [Lead investors in United States 1,370](https://millionrounds.com/lists/lead-investors-in-united-states) - [Seed lead investors 1,091](https://millionrounds.com/lists/seed-lead-investors) - [Series A lead investors 920](https://millionrounds.com/lists/series-a-lead-investors) - [Fintech lead investors 763](https://millionrounds.com/lists/fintech-lead-investors) - [Series B lead investors 579](https://millionrounds.com/lists/series-b-lead-investors) - [Growth lead investors 555](https://millionrounds.com/lists/growth-lead-investors) - [Robotics lead investors 397](https://millionrounds.com/lists/robotics-lead-investors) - [Pre-seed lead investors 396](https://millionrounds.com/lists/pre-seed-lead-investors) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about lead investors in Finland ### Who are the most active lead investors in Finland? By cheques observed, the most active are EIC Accelerator, Fidelity, BlackRock, General Atlantic and Earlybird Venture Capital. ### How many lead investors in Finland are there? 46 are on record. 91% made an investment in the last 12 months and 100% have led a round. ### Which stages do lead investors in Finland back? Of the rounds with a named stage in the last 12 months, mostly Series A (23%) and Seed (20%). ### How big are the rounds lead investors in Finland join? The typical (median) round among the leading investors here is $13M. ### Which sectors do lead investors in Finland back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which lead investors in Finland lead the most rounds? General Atlantic (32 led), Plural (16 led) and Fidelity (15 led). ### Where are lead investors in Finland based? Among the most active, most are based in Finland (7), the United States (5) and Switzerland (2). ### What have lead 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 Saidot (Nov 2026, with BackingMinds). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)