Most Interesting Startups from Finland to Watch

Finland, renowned for its innovation and technological prowess, has become a hotspot for startups with global potential. These companies are disrupting traditional industries, pioneering new technological applications, and tackling pressing global issues from sustainability to digital transformation.

From creating intelligent maritime logistics to combating vision loss and revolutionizing weather intelligence, these startups embody the innovative spirit that makes Finland a global leader in the startup scene.

Veri

Veri is a revolutionary health tech startup based in Finland that empowers users to improve their metabolic health. It provides a Continuous Glucose Monitoring system (CGM), a small device affixed to the arm that continuously monitors blood sugar levels for 14 days. The CGM is painless, unobtrusive, and easily mail-delivered. The key idea behind Veri is the concept of bio-individuality - that every individual's body is unique and reacts differently to various foods and lifestyle habits. By giving users insights into their own unique blood sugar response to the foods they eat, Veri allows them to identify what's benefitting them and what's not, promoting healthier food choices and habits.

Doublepoint

Based in Finland, Doublepoint is a forward-thinking startup revolutionizing how we interact with computing platforms. They've developed a machine learning algorithm that detects micro gestures using smartwatch sensors and computes, aiming to create more intuitive, robust, and versatile interactions. Doublepoint's vision is to use touch-based gesture sensing to connect users and their devices more deeply. Their flagship offering is wrist-based raycasting, a technology that detects the precise moment you pinch your fingers together and the direction you’re pointing using a smartwatch’s Inertial Measurement Unit (IMU).

Flowrite

Flowrite is a Finnish software company offering an innovative solution to expedite email and message writing across Google Chrome. With its unique AI-powered tool, Flowrite is reinventing the writing process on the web and boosting daily communication productivity. Flowrite's platform uses smart templates that generate unique drafts based on bullet-pointed instructions given by the user. Rather than having to write an entire email or message from scratch, users can simply input the key points they want to communicate. The AI tool then generates a complete email or message that conveys these points in a coherent, fluent manner.

Rentle

Rentle is a Finland-based startup that provides an innovative platform to brands and retailers wanting to introduce a circular business model. By providing an easy-to-use platform that helps to manage various aspects like orders, payments, deposits, online and offline channels, inventory, maintenance, and refurbishment operations, it simplifies the shift towards a circular economy.

The company's founding principles include advocating for a circular economy in which resources are reused and recycled rather than thrown away in an effort to combat wasteful consumer culture. To that end, it facilitates the widespread use of rental, buyback, and subscription models in business.

Hypercell

Hypercell is a startup company that develops and manufactures audience measurement sensors. The business has developed sensor technology that can accurately and directly count the number of individuals who pass by specific sites. Businesses with a presence in out-of-home media screens will find this an invaluable resource. Hypercell's adaptability is its defining feature. The sensor solution offered by the company can be purchased in hardware or software forms. The hardware sensor requires only a power outlet for setup and comes with a worldwide data plan to facilitate data transfer. The software solution is also scalable and affordable because it can be deployed on any device with a media player.

Quanscient

Quanscient is a Finnish technology startup with a mission to dramatically improve the pace, effectiveness, and sustainability of hardware design and production. For these outcomes, the organization relies on cutting-edge programming, cutting-edge algorithms, and cutting-edge research.

Quanscient's goal is to make hardware development as easy as software development by automating processes like testing, simulation, and optimization. Because of this, it is a fantastic resource for hardware engineers who need to do complex simulations rapidly and reliably.

Kelluu Airships

Kelluu Oy, based in Joensuu, Finland, operates at the cutting edge of hydrogen-powered technology, developing small-scale, autonomous airships. Located in Reijola, Northern Europe's only airship factory and product development laboratory gives Kelluu a unique advantage in the airship market. Kelluu's offerings have found essential applications in sectors like power and forestry. For instance, their airships have been employed to monitor the condition of power lines, thereby pre-empting possible faults and minimizing downtime. Similarly, they are used for assessing forest damage, thus providing invaluable data for understanding and mitigating environmental impacts. Kelluu's dedication to sustainable technology and innovative approach to aerial surveillance signifies a pioneering step in the integration of technology and ecology.

DataCrunch.io

DataCrunch.io is a Finland-based cloud service provider that has carved out a niche for itself in the machine learning arena. Specializing in providing an infrastructure that can handle machine learning computations, it offers GPU-accelerated virtual machines and bare metal servers. These features make it effortless for users to manage and deploy their machine-learning models. DataCrunch's key advantage lies in its immediacy and user-friendly interfaces. Clients can order high-end GPU instances and access the DataCrunch Cloud GPU in just minutes through the intuitive dashboard or via API. The machines are automatically set up according to client preferences and access is provided in mere minutes, ensuring minimal delay.

Zevoy

Zevoy is a fintech startup, based in Espoo, Finland, that revolutionizes expense management for companies and businesses. Through its integrated platform, it provides a one-stop solution that merges smart payment cards with efficient expense management software. This not only simplifies expense tracking and management but also translates into significant time and cost savings for companies. Established in 2020, Zevoy's comprehensive expense management solution includes a business card, a receipt scanning app, and an administration portal all in one. By doing so, it streamlines the entire expense reporting and reimbursement process, leading to increased employee satisfaction. Zevoy's commitment to delivering efficient and comprehensive expense management solutions has quickly established it as a promising fintech innovator.

Aurora Propulsion Technologies

Established in 2018, Aurora Propulsion Technologies has grown into a leader in the space tech industry. Based in Otaniemi, Finland, it offers satellite manufacturers high-quality components for attitude and orbit control, critical for small satellite operations. Aurora's innovative solutions have made it possible for small satellite manufacturers to conduct their satellite missions effectively, irrespective of their destination, be it Low Earth orbit or other planets in the solar system. Recently, in 2023, Aurora was accepted by the European Innovation Council (EIC) into its EIC Accelerator 2022 Program, further validating its innovative approach and industry leadership in propulsion technology.

Hyperion Robotics

Hyperion Robotics, headquartered in Espoo, Southern Finland, is revolutionizing the construction industry through its innovative approach to automated concrete printing. The startup, which launched in 2019, employs cutting-edge robotics and 3D printing technologies to streamline the production of long-lasting reinforced concrete buildings. Effective and versatile, this technology can be used in a variety of contexts, from public works to commercial construction. The Hyperion method is revolutionary and environmentally friendly since it cuts down on construction waste while maintaining high standards of quality control. Hyperion Robotics is effectively molding the future of the construction sector through the use of automation.

Origin by Ocean

Origin by Ocean’s unique platform turns harmful marine overgrowth into oil-free, eco-friendly ingredients that can be used in a variety of consumer goods. This innovative approach not only provides a solution to a global environmental problem but also creates a sustainable income source for ocean lovers. The innovative biorefinery process enables the extraction of valuable substances from algae, which are then used to manufacture a wide range of consumer goods. Founded with a passion for the ocean, Origin by Ocean is at the forefront of sustainable and eco-friendly solutions.

CurifyLabs

CurifyLabs is a groundbreaking Finnish startup dedicated to modernizing and personalizing pharmaceutical manufacturing. The company's innovative approach to drug compounding leverages 3D printing technology, enabling the on-demand manufacturing of personalized medicines. This process, developed over a decade of academic research, allows for the customization of drug treatments to better meet the needs of individual patients. CurifyLabs' skilled team of formulation developers, software engineers, and quality control experts serves pharmacies across Europe, aiming to improve patient outcomes through personalized medication. By harnessing technology and innovation, CurifyLabs is redefining the pharmaceutical industry.

IPRally

IPRally, founded in Finland in 2018, is a dynamic startup that combines patent expertise with artificial intelligence. The company's unique neural network uses historical patent examination data to simulate the thinking process of a patent professional. This enables super fast and accurate patentability evaluations, invalidation searches, and freedom-to-operate analyses. The mission of IPRally is to improve access to technical information, increase the quality of intellectual property rights, and accelerate innovation. With a dedicated team of patent, software, and AI experts, IPRally is providing innovative solutions to previously unsolvable problems in the patent business.

Awake.AI

Awake.AI is a groundbreaking software platform focused on creating an ecosystem for smart ports and shipping operations. The company seeks to usher in a new era of sustainable and intelligent maritime logistics with the goal of minimizing global shipping emissions. Their innovative platform allows extensive collaboration within the entire maritime logistics chain by sharing real-time information and utilizing AI-driven predictions for future planning. Through their API and a suite of applications built on the Awake platform, customers and third parties can access these capabilities via a subscription model. Awake.AI is leading the revolution towards digital and sustainable maritime logistics.

Mjuk

Mjuk is an innovative startup that combines design, sustainability, and technology to revolutionize the furniture industry. It is a full-service online marketplace that facilitates the buying and selling of quality second-hand furniture, operating primarily in Finland and Sweden. Mjuk simplifies selling preloved furniture, handling everything from pickup to delivery. Furniture is collected from the seller, cleaned, treated, photographed, and listed on Mjuk's online store. They also work on behalf of companies in Helsinki, Turku & Tampere regions, endorsing a circular economy and promoting a sustainable approach to furniture trading.

Arctic Farming

Arctic Farming is an AgriTech company leveraging vertical farming technology to address the global food sustainability crisis. They provide novel solutions to the wholesale, restaurant, and retail industries, enabling them to produce food hyper-locally in any indoor environment. The company’s fully automated and scalable vertical farming technologies allow for the year-round, localized production of fresh herbs and leafy greens. This ensures a constant supply of fresh produce and contributes to the reduction of global food waste, transforming traditional farming and food distribution systems in the process.

StemSight

StemSight is a pioneering cell therapy startup operating out of Tampere, Finland. The company is working to develop revolutionary treatments for blindness using regenerative medicine and tissue engineering. Backed by a team of leading scientists and experienced global business professionals, StemSight is at the forefront of medical research in ocular applications. Their unique approach blends scientific excellence and business acumen to drive innovation and deliver promising solutions for vision impairment, offering new hope in the field of ophthalmology.

Swarmia

Swarmia is a productivity platform designed to empower engineering teams by providing valuable insights into their workflows. By integrating with existing platforms for source code hosting, issue tracking, and communication, Swarmia helps identify potential bottlenecks and offers tools to address these challenges. Swarmia enables engineering leaders and managers to measure key metrics, facilitating data-driven decisions and fostering a culture of continuous improvement. Founded with the belief in transparency, positive feedback, and nurturing the engineering team, Swarmia is committed to helping teams improve their productivity and effectiveness.

Skyfora

Skyfora is a tech startup specializing in weather intelligence. Utilizing a scientific understanding of tropical storms, computer vision, machine learning, and IoT technologies, Skyfora offers precise weather measurements and forecasts. Their product suite includes a Tropical Storm Tracker, lightweight weather instruments empowered by AI, and StreamSondes. Collaborating with Skyfora enables weather institutions, researchers, and even insurance companies to provide more accurate services. Skyfora is contributing to safer and more informed decision-making in weather-sensitive industries by minimizing the environmental impact of weather measurement and enhancing forecasting capabilities.

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