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VC firm

Butterfly Ventures

Kingmaker TierBased on the data VC Catalog holds.

Kingmaker Tier: 86 out of 100

  • Generalist (firms only)
  • Seed
  • Climate positive
  • Deeptech
  • Hardware
  • Social impact
  • FI
  • SE
  • Europe
  • VC
  • B2B
Investor type
VC
Investing status
Activeas of 2026-09-17Source (opens in a new tab)
Founded
2012
Check size
0.3M€ Average investment / companySource (opens in a new tab)
Legal name
Butterfly Ventures Oy
Claim, correct or request removal

Record updated 27 September 2026

About

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

Investment approach

Thesis
Right now we’re looking for deep tech, HW and HW interfacing SW with an either social or environmental impact.Source (opens in a new tab)
Leads rounds
Yes
Reserves policy
we have significant capacity for follow-on investments.
Eligibility
Butterfly Ventures is investing in the seed stage startups particularly from Finland and Sweden, but also from other Nordic countries and Baltics.
Traction requirement
80% of our portfolio companies do not have any revenue at the time of our entry.
Investing status notes
Right now we’re looking for deep tech, HW and HW interfacing SW with an either social or environmental impact.

Locations

Office
Copenhagen, Denmark
Office
Tallin, Estonia
Office
Helsinki, Finland
Office
Oulu, Finland
Office
Stockholm, Sweden
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