Supporting
resilient
founders

Our goal is to be the first person the entrepreneur reaches out to in times of trouble and joy.

We are a sector agnostic early-stage (pre-seed and seed) investor that wants to partner with founders from the very beginning of their journey and support them throughout their growth. Our team has global experience in building and scaling companies both as founders and in various CxO roles. We invest in ambitious and determined teams that can one day become industry leaders.

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New investments

Seed round

HyCom Core

CEO: Pauli Turunen
Founders: Pauli Turunen, Seppo Honkanen, Janne Konttinen
Pre-seed round

Calectra

CEO: Pauliina Meskanen
Founders: Pauliina Meskanen, Nate Weger
Seed round

In Parallel

CEO: Markku Mäkeläinen
Founders: Markku Mäkeläinen, Kristian Luoma, Helmut Scherer
Pre-seed round

Paloceras

CEO: Mika Matikainen
Founders: Mika Matikainen, Minna Hurmerinta, Alexis Perron-Corriveau
Seed round

Saltz

CEO: Andrius Šlimas
Founders: Andrius Šlimas, Tomas Šlimas, Reinis Štrodahs
Pre-seed round

Candela 683

CEO: Kai Bäckman
Founders: Kai Bäckman, Luke Church
Seed round

Photoncycle

CEO: Bjørn Brandtzæg
Founder: Bjørn Brandtzæg
Angel round

Venga

CEO: Lucas von Hertzen
Founders: Lucas von Hertzen, Sina Rezaeipour, Jonas von Hertzen, Erik Nygren
Angel round

Robes Rental

CEO: Anna Sillanpää
Founders: Anna Sillanpää, Anton Holmberg, Otto Jaakonmäki, Josefina Kohvakka
Pre-seed round

Clouder

CEO: Tomi Grönlund
Founders: Tomi Grönlund, Emma Grönlund

Portfolio events

Acquired
by Oura

Veri / Human Engineering Health

Oura Health acquires Veri to continue and accelerate their work of creating a more comprehensive preventative health solutions.

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Veri / Human Engineering Health

Blood sugar is the most vital metric in your body. Each and every day your blood sugar levels affect your thoughts, mood, health, and longevity. The Veri app is the easiest way to track and stabilize your blood sugar. Veri’s mission is to empower others to take health into their own hands.

CEO: Anttoni Aniebonam
Founders: Anttoni Aniebonam, Verneri Jäämuru, Frans Lehmusvaara

2019
Founded
2020
Lifeline Ventures
Angel round
2021
Lifeline Ventures
Seed round
2024
Acquired
by Oura Health
08/2024
Pre-seed round

Calectra

Calectra raised a $1.6M pre-seed round led by Lifeline Ventures with participation from Aera VC, Security Trading (the investment company of Antti Herlin’s family), Orca Climate Fund, Wave Ventures, Prodeko Ventures, and Justin Brodie-Kommit. Calectra has also been awarded over $400,000 in grants primarily from the US government and New York State.

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Calectra

Calectra is developing a novel thermal storage technology to provide low-cost, zero-carbon, up to 1600°C process heat for manufacturing industries like cement and steel. Its thermal storage system converts electricity from the grid or on-site renewables into high-temperature heat within its patent-pending bricks, stores the heat, and then delivers it to industrial manufacturers on demand. Backed by the US Department of Energy and New York State.

CEO: Pauliina Meskanen
Founders: Pauliina Meskanen, Nate Weger

2023
Founded
2024
Lifeline Ventures
Pre-seed round
08/2024
Funding round
Led by OpenOcean

Droppe

Droppe announced their latest funding round of 3.9M€, which was led by OpenOcean, and with participation of Lifeline Ventures and others.

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Droppe

The company has built an online wholesale marketplace to bulk order industrial equipment and protective workwear from Europe’s top manufacturers all with a single invoice.

CEO: Johannes Salmisaari
Founders: Johannes Salmisaari, Henrik Helenius

2020
Founded
2022
Lifeline Ventures
Pre-seed round
2023
Seed round
2024
Funding round
Led by OpenOcean
06/2024
Funding round
Led by Solidium

Iceye

ICEYE raises oversubscribed growth funding round to expand Global SAR Leadership. Finnish sovereign wealth fund, Solidium Oy, leads the round.

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Iceye

Iceye empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. Iceye is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.

CEO: Rafal Modrzewski
Founders: Pekka Laurila, Rafal Modrzewski

2014
Founded
2015
Seed round
Led by True Ventures
2017
Series A
Led by Draper Nexus
2018
Series B
Led by True Ventures
2020
Series C
Led by True Ventures
2021
Series D
2024
Funding round
Led by Solidium
04/2024