Edit

Butterfly Ventures

https://www.butterfly.vc/

Last activity: 05.11.2025

Active

Butterfly Ventures is the leading seed stage focused deep tech VC in the Nordics. Butterfly Ventures

Portfolio

Mentions

Location: Finland, Mainland Finland, Oulu

Employees: 1-10

Founded date: 2012

Investment Type: Venture Capital

Investment Stage: Pre-Seed; Seed; Series A

Portfolio 2

Date	Name	Website	Total Raised	Location
12.04.2023	Reactional...	reactionalmusic.com	$2M	-
17.11.2022	CooliBlade	cooliblade.com	$851.6K	Finland, M...

Mentions in press and media 22

Date	Title	Description
05.11.2025	As Europe ramps up gigafactory compliance, DREV raises €2.8 million to help capture and reuse critical metals from ‘black dust’	DREV, a Swedish startup pioneering contamination control for the battery industry, announced the closing of its €2.8 million Seed round in order to expand its engineering and product development capabilities to accelerate delivery of the Va...
20.02.2025	Investor Showcase: Butterfly Ventures – Seed investments for Nordic-Baltic deep tech startups	Butterfly Ventures is a leading seed entry deep tech VC targeting the New Nordics – Scandinavia and the Baltics. On the scene since 2012, the team is currently investing out of their 4th fund of approximately €50M, looking to add new startu...
12.11.2024	Happy Plant Protein enables locally produced healthy and affordable plant-based food with new patented technology and raises EUR 1.8 million to go global	Happy Plant Protein enables locally produced healthy and affordable plant-based food with new patented technology and raises EUR 1.8 million to go global Tue, Nov 12, 2024 11:02 CET Report this content Press release 12 November 2024 Researc...
13.10.2023	Finnish Butterfly Ventures joins an investment for Danish RiACT ROBOTICS	Finnish Butterfly Ventures joins an investment for Danish RiACT ROBOTICS 13 October, 2023, 16:35 Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> --> RiACT ROBOTICS, Copenhagen-based r...
20.04.2023	Finland’s Butterfly Ventures participates in a €970k round for Swedish biotech Retein	Finland’s Butterfly Ventures participates in a €970k round for Swedish biotech Retein 20 April, 2023, 17:43 Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> --> The Gothenburg-based co...
13.04.2023	Finnish Butterfly Ventures co-led a $2M Pre-Series A round for Reactional Music	Finnish Butterfly Ventures co-led a $2M Pre-Series A round for Reactional Music 13 April, 2023, 16:34 Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> --> The Stockholm-based Reactiona...
13.04.2023	Amanotes & Butterfly Ventures secure seven-figure Pre-Series A for Reactional Music, powering personalized gaming music	Butterfly Venture is a leading Deep Tech Seed Entry Impact-focused Venture Capital Fund which has invested in over 90 companies and 240 investment rounds Reactional Music provides a platform opening up a new era of music personalisation, in...
18.11.2022	Finnish startup CooliBlade secures €820k from Butterfly Ventures	Finnish startup CooliBlade secures €820k from Butterfly Ventures 18 November, 2022, 16:07 Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> --> Oulu-based thermal management comp...
21.06.2022	Butterfly Ventures Announces the First Closing of 47 Million Euros of Their New 100 Million Euro EU Article 8 Based Fund	Butterfly Ventures Announces the First Closing of 47 Million Euros of Their New 100 Million Euro EU Article 8 Based Fund Tue, Jun 21, 2022 08:00 CET Report this content The new sustainable fund focuses on science based deep tech and hardwar...
21.06.2022	Backing deep tech in Nordics, Butterfly Ventures flutters in €47 million for its €100-million fund	Helsinki and Stockholm-based venture capital fund Butterfly Ventures has announced the first close of its €100 million seed entry capital fund at €47 million. Based on EU Article 8, the Butterfly Venture Fund IV will focus on science-based ...
09.03.2021	Oulu, Finland-based ConTech GBuilder raises €2 million, nails down international expansion	Construction technology company GBuilder has successfully completed a new €2 million financing round that is expected to accelerate expansion in their target markets, primarily the UK and DACH regions. The round was led by AMAVI Capital and...
18.02.2021	8 investors discuss Stockholm’s maturing startup ecosystem	In the realm of European startup ecosystems, Sweden — largely Stockholm — ranks very close to the behemoths of London, Paris and Berlin. And with 10 million people, the nation certainly punches above its weight, having produced unicorns suc...
10.05.2019	Surviving Nokia: How Oulu, Finland rebounded from the collapse of its largest employer	Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more. While the collapse of Nokia’s once-mighty cell phone business made international headlines, perhaps no community felt the impact more t...
10.05.2019	Surviving Nokia: How Oulu, Finland rebounded from the collapse of its largest employer	While the collapse of Nokia’s once-mighty cell phone business made international headlines, perhaps no community felt the impact more than Oulu, Finland. The city was a major stronghold of Nokia’s research and manufacturing. A place small e...
06.09.2017	Valossa raises $2 million for its video recognition tech	Finland’s Valossa, a video recognition company, has raised $2 million led by 01 Ventures with participation from Reaktor Ventures, Butterfly Ventures, and angel investor Jari Ovaskainen. Valossa’s AI-powered tech is used to search in and un...
25.04.2017	Proximi.io raises fresh round of funding for its mobile positioning platform	Finland’s Proximi.io, an indoor and outdoor positioning platform, has raised a new round of funding led by Butterfly Ventures. The terms of the round have not been disclosed. The investment is the first in the latest €24 million fund from O...
27.10.2016	KNL Networks secures $10 million for its “internet anywhere” communications	Finland’s KNL Networks has raised $10 million in a new Series A round led by Creandum with participation from previous investors Inventure and Butterfly Ventures and a number of angels. The startup, which has been in stealth for over four y...
21.12.2015	Valossa raises $650,000 for its AI-powered video search technology	A bunch of very smart Finnish people have raised $650,000 in seed funding to commercialise the deep content search and machine learning technology mostly developed at the University of Oulu. More specifically, the research spin-off, dubbed ...
21.12.2015	Valossa Raises $650K in Seed Funding	Valossa, an Oulu, Finland-based developer of AI- and voice-powered deep content video search technology, raised $650k in seed funding. Backers included Butterfly Ventures. Valossa provides a descriptive search engine (Valossa Search) for vi...
29.05.2013	MyCadbox Is A Dropbox For CAD Files, But With Evernote-Style Ambitions	The idea of offering a cloud-based service for designers, engineers and stakeholders to share and collaborate on CAD files isn’t a new one. GrabCAD, which is VC-backed to the tune of $14 million, springs to mind. There’s also Sunglass, a co...
-	Backing deep tech in Nordics, Butterfly Ventures flutters in €47 million for its €100-million fund	Helsinki and Stockholm-based venture capital fund Butterfly Ventures has announced the first close of its €100 million seed entry capital fund at €47 million. Based on EU Article 8, the Butterfly Venture Fund IV will focus on science-based ...
-	Can you bring nature indoors? Finnish green wall innovator shows how with €7 million to create healthier interiors	Helsinki-based startup that designs green walls, Naava has raised €7 million investment. The round was led by Stockholm-based Nidoco, and joined by Mika Ihamuotila, Tesi, Mikael Hed, Benoit Wiesser, Antero Vartia, Teemu Päivinen, Butterfly ...

Butterfly Ventures

Portfolio 2

Mentions in press and media 22

Reviews 0