Organization · Venture Capital

Butterfly Ventures

Butterfly Ventures is a seed-stage venture capital firm based in Oulu, Finland, with additional offices in Helsinki, Stockholm, Tallinn, and Copenhagen. The firm specializes in deep tech investments across the Nordic and Baltic regions, emphasizing responsible investing and close collaboration with founders.

Venture CapitalFunder

Overview

What Butterfly Ventures does

What Butterfly Ventures is

Butterfly Ventures is a seed-stage venture capital firm based in Oulu, Finland, with additional offices in Helsinki, Stockholm, Tallinn, and Copenhagen. The firm specializes in deep tech investments across the Nordic and Baltic regions, emphasizing responsible investing and close collaboration with founders.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Venture Capital
Founded
Founded in 2012
Approximate age
About 14 years
Structured capabilities
Funder
Last reviewed
April 24, 2026

Official channels

Find Butterfly Ventures elsewhere

Open the official website or a supported primary organization account.

Capability profile

Butterfly Ventures as a funder

Investment thesis

Butterfly Ventures focuses on seed-stage investments in deep tech startups with social or environmental impacts, primarily in the Nordics and Baltics. The firm aims to support companies that typically have no revenue at the time of investment, helping them to start generating revenue within six months.

Focus narrative

Butterfly Ventures primarily invests in seed-stage startups, focusing on deep tech, hardware, and hardware interfacing software. The firm engages with companies that often do not have revenue at the time of investment, with 80% of its portfolio fitting this profile. Butterfly Ventures aims to help these companies start generating revenue within six months of their first investment and has a significant capacity for follow-on investments.

Value beyond capital

Butterfly Ventures adds value to its portfolio companies by providing hands-on support and guidance, leveraging its extensive network and expertise in deep tech. The firm focuses on helping startups achieve revenue generation quickly and offers significant capacity for follow-on investments to support growth.

Terms and economics

Typical check
$50,000–$400,000
Sweet spot
$300,000

Focus and fit

Stages
Pre-seed · Seed
Regions
Nordics · Baltics · Europe

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
100
Recorded notable exits
KNL Networks

Portfolio context

Notable portfolio companies include: Zenniz: Develops an end-to-end smart tennis court system. SpinDrive: Focuses on reducing industrial energy waste and pollution through magnetic levitation bearings. Geyser Batteries: Provides high-density energy storage solutions with millions of charge-discharge cycles. Surgify: Aims to set new standards in bone surgery. Cerenion: Offers a practical solution for measuring brain function in intensive care. Naava: Addresses significant health problems with innovative solutions. KNL Networks: Provides a replacement for satellite communications without the associated costs. Valossa: Develops advanced multi-modal video AI technology.

Common questions

What to know about Butterfly Ventures

Upseed classifies Butterfly Ventures under the Venture Capital organization type. Its current public profile includes funder capabilities.

Next step

Keep comparing startup organizations

Return to the organization index or continue through a verified sector, place, peer, or program connected to this profile.

Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

April 24, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.