# Innovestor Portfolio Map 2026: 29 Startups by Sector > Innovestor's portfolio mapped: 29 startups it has backed, in 5 sectors from Biotech, AI and IT Services on. Source: https://millionrounds.com/portfolio-maps/innovestor-portfolio-map (Millionrounds; every figure on the page links to its filing or article) ## Biotech 9 - [AnaCardio](https://millionrounds.com/company/anacardio) - [Actithera](https://millionrounds.com/company/actithera) - [Kasvu Therapeutics](https://millionrounds.com/company/kasvu-therapeutics) - [Teitur Trophics](https://millionrounds.com/company/teitur-trophics) - [Tribune Therapeutics](https://millionrounds.com/company/tribune-therapeutics) - [Forendo Pharma](https://millionrounds.com/company/forendo-pharma) - [*S* Synoste](https://millionrounds.com/company/synoste) - [Tenboron](https://millionrounds.com/company/tenboron) - [Clair Scientific](https://millionrounds.com/company/clair-scientific) ## AI 7 - [Capalo AI](https://millionrounds.com/company/capalo-ai) - [Alex Therapeutics](https://millionrounds.com/company/alex-therapeutics) - [Confidentialmind](https://millionrounds.com/company/confidentialmind) - [Ward 24/7](https://millionrounds.com/company/ward-24-7) - [STRGY AI](https://millionrounds.com/company/strgy-ai) - [CloEE](https://millionrounds.com/company/cloee) - [PromoRepublic](https://millionrounds.com/company/promorepublic) ## IT Services 6 - [IndoorAtlas](https://millionrounds.com/company/indooratlas) - [SynergyXR](https://millionrounds.com/company/synergyxr) - [Kausal](https://millionrounds.com/company/kausal) - [Taitori](https://millionrounds.com/company/taitori) - [Retailgrid](https://millionrounds.com/company/retailgrid) - [Hytrade](https://millionrounds.com/company/hytrade) ## Healthtech 4 - [Neumirna Therapeutics](https://millionrounds.com/company/neumirna-therapeutics) - [Soihtu DTx](https://millionrounds.com/company/soihtu-dtx) - [Polku Therapeutics](https://millionrounds.com/company/polku-therapeutics) - [Cornea Sense](https://millionrounds.com/company/cornea-sense) ## Manufacturing 3 - [Spectral Engines](https://millionrounds.com/company/spectral-engines) - [Luxmet](https://millionrounds.com/company/luxmet) - [Trussmatic](https://millionrounds.com/company/trussmatic) ## Segment by segment ### Biotech 9 startups · $283M raised - [**AnaCardio**](https://millionrounds.com/company/anacardio) AnaCardio is a clinical-stage biopharmaceutical company based in Solna, Sweden, focused on developing innovative treatments for he Switzerland $89M - [**Actithera**](https://millionrounds.com/company/actithera) Actithera is a biotechnology company focused on developing next-generation radioligand therapies (RLTs) for cancer treatment. United Kingdom $76M - [**Kasvu Therapeutics**](https://millionrounds.com/company/kasvu-therapeutics) Kasvu develops first and best-in-class small molecule neuroplastogens for diseases where neuronal connectivity is altered Finland $34M - [**Teitur Trophics**](https://millionrounds.com/company/teitur-trophics) Teitur Trophics is a biotechnology company based in Aarhus, Denmark, focused on developing innovative treatments for neurodegenera Denmark $30M - [**Tribune Therapeutics**](https://millionrounds.com/company/tribune-therapeutics) Tribune Therapeutics is a preclinical biopharmaceutical company based in Stockholm, Sweden, founded in 2020. Sweden $25M - [**Forendo Pharma**](https://millionrounds.com/company/forendo-pharma) Forendo Pharma is a developer of novel drugs intended for the treatment of urological and other endocrinological diseases. Finland $20M - [*S* **Synoste**](https://millionrounds.com/company/synoste) Synoste is a startup company developing novel, patient-friendly medical solutions for the treatment of skeletal deformities. Finland $5.9M - [**Tenboron**](https://millionrounds.com/company/tenboron) Tenboron is the developer of a boron neutron capture therapy intended to treat locally invasive malignant tumors. Finland $1.7M ### AI 7 startups · $33M raised - [**Capalo AI**](https://millionrounds.com/company/capalo-ai) Capalo AI is a Finnish sustainable technology company founded in 2022, specializing in energy storage and productivity software. Finland $17M - [**Alex Therapeutics**](https://millionrounds.com/company/alex-therapeutics) Alex Therapeutics is a Swedish digital therapeutics company based in Stockholm, founded in January 2018. Sweden $5.1M - [**Confidentialmind**](https://millionrounds.com/company/confidentialmind) ConfidentialMind is a Finnish AI startup founded in 2023, headquartered in Espoo, Finland, at the Aalto University campus. Finland $4.6M - [**Ward 24/7**](https://millionrounds.com/company/ward-24-7) Ward 24/7 develops a wireless assessment of respiratory and circulatory distress to monitor and observe high-risk patients. Denmark $3.7M - [**STRGY AI**](https://millionrounds.com/company/strgy-ai) STRGY AI helps companies create and maintain strategic alignment. Finland $1.2M - [**CloEE**](https://millionrounds.com/company/cloee) CloEE is an AI-powered SaaS specifically designed to enhance the productivity of discrete manufacturing companies of all sizes. Finland $600K - [**PromoRepublic**](https://millionrounds.com/company/promorepublic) PromoRepublic is an AI-powered local marketing platform tailored for multi-location brands, franchises, and marketing agencies. Finland $100K ### IT Services 6 startups · $26M raised - [**IndoorAtlas**](https://millionrounds.com/company/indooratlas) IndoorAtlas is a Finnish technology company founded in 2012, specializing in indoor positioning and location-based services. Finland $22M - [**SynergyXR**](https://millionrounds.com/company/synergyxr) SynergyXR is a Danish technology company that specializes in no-code Extended Reality (XR) and Spatial Computing solutions. Denmark $2.2M - [**Kausal**](https://millionrounds.com/company/kausal) Transform observability. Finland $931K - [**Taitori**](https://millionrounds.com/company/taitori) Taitori is a Finnish company based in Espoo that specializes in smart office and workspace management solutions. Finland $672K - [**Retailgrid**](https://millionrounds.com/company/retailgrid) Retailgrid is a Helsinki-based company that offers an AI-powered pricing platform designed for mid-market retailers and FMCG brand Finland $416K - [**Hytrade**](https://millionrounds.com/company/hytrade) Hytrade is a Helsinki-based startup founded in 2023 that offers a managed service platform called Hytrader. Finland $229K ### Healthtech 4 startups · $27M raised - [**Neumirna Therapeutics**](https://millionrounds.com/company/neumirna-therapeutics) Neumirna Therapeutics is a biotechnology company based in Copenhagen, founded in 2020. Denmark $21M - [**Soihtu DTx**](https://millionrounds.com/company/soihtu-dtx) Soihtu DTx is a Finnish digital therapeutics company based in Espoo, focused on treating depression through game-based interventions. Finland $3.4M - [**Polku Therapeutics**](https://millionrounds.com/company/polku-therapeutics) Polku Therapeutics operates as a therapeutics company. Finland $2.0M - [**Cornea Sense**](https://millionrounds.com/company/cornea-sense) Cornea Sense is a Finnish medtech company based in Espoo, founded in January 2026 as a spin-out from Aalto University. Finland $1.3M ### Manufacturing 3 startups · $5.7M raised - [**Spectral Engines**](https://millionrounds.com/company/spectral-engines) Spectral Engines manufacturers disruptive, miniaturized spectral sensors which brings the capabilities of spectroscopy to sensor p Finland $4.0M - [**Luxmet**](https://millionrounds.com/company/luxmet) Luxmet Oy is a Finnish technology company based in Oulu, specializing in advanced control systems for high-temperature metallurgic Finland $892K - [**Trussmatic**](https://millionrounds.com/company/trussmatic) Trussmatic is a Finnish developer of the world’s first fully automated and IP-connected production line for the roof truss industry. Finland $843K **How this map is made.** Every startup here has raised money in a round we track that names Innovestor as an investor, the first in 2016. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Accelerator · Finland **Business Finland** 70 startups · 12 sectors · $671M](https://millionrounds.com/portfolio-maps/business-finland-portfolio-map)[VC firm · Finland **Inventure** 61 startups · 10 sectors · $818M](https://millionrounds.com/portfolio-maps/inventure-portfolio-map)[VC firm · Finland **Lifeline Ventures** 50 startups · 11 sectors · $4.9B](https://millionrounds.com/portfolio-maps/lifeline-ventures-portfolio-map)[Accelerator · United States **Y Combinator** 2,679 startups · 12 sectors · $111B](https://millionrounds.com/portfolio-maps/y-combinator-portfolio-map)[VC firm · United States **Techstars** 1,119 startups · 12 sectors · $16B](https://millionrounds.com/portfolio-maps/techstars-portfolio-map)[Government fund · United States **National Science Foundation** 988 startups · 12 sectors · $10B](https://millionrounds.com/portfolio-maps/nsf-small-business-innovation-research-small-business-techno-portfolio-map) ## Raising from investors like Innovestor? 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