HexGn has done extensive research on top startups for 2019, let us take a look at some of the top Helsinki startups for 2019 based on the funding received by them in 2018. Helsinki has shown unparalleled growth in the last decade to have come out as one of the top startup ecosystems in the world. The city was also recognized for the same in the Global Startup Ecosystem Report 2018 published by the Startup Genome.
The soaring tech sector in Helsinki especially has helped in bringing a substantial amount of investments to the Finnish ecosystem.
Top Helsinki Startups to Watch out for in 2019
Small Giant Games
Small Giant Games is a top startup in Helsinki that was established in 2013 by gaming and business professionals Markus Halttunen and Timo Soininen. The company has completed four funding rounds raising $50.6 million in total in its three years of existence. The last round for the Helsinki based startup was in February 2018, when the company raised $41 million in venture capital from EQT Ventures( lead investor), PROfounders Capital, Creandum, and Spintop Ventures. The company is one of the top Helsinki startups for 2019 that has launched one game so far that has gained tremendous popularity. The game development company aims to direct the funds acquired this year for strengthening its staff and for expanding internationally.
Helsinki based startup Varjo is a trailblazing VR tech company that has won a lot accolades for its work. The innovative company has created a VR headset prototype that lets users enjoy VR with human-eye resolution. This legendary development coupled with the completion of its Series B round has made it rank among the top Helsinki startups for 2019. The Series B Round of funding for Varjo amounted to $31 million and was led by Atomico and also featured four other investors.? This top startup in Helsinki plans to grow its team for the faster development and delivery of the first human-eye resolution VR headset for commercial use. Varjo was founded in 2016 by Niko Eiden, Urho Konttori, Klaus Melakari, and Roope Rainisto.
Founded in 2015 by Sampo Hietanen and Kaj Pyyhtia, this top startup in Helsinki is the very first company in the world to offer mobility as a service. MaaS Global has been the force that gave the world the much-needed Whim, an internationally awarded app. Whim combined all the kinds of transport or mobility modes into one app and offered a subscription for a smarter way of moving around. The Helsinki based startup has seen as many as over 4,000 downloads in a month this year and has attracted all the right investors. Mass Global has pocketed ?9 million in venture capital this year from undisclosed investors. The app’s growing popularity and recent funding rounds have warranted it as one of the top Helsinki startups for 2019.The total amount raised in the three years since it was established caps at ?21.2 million.
Happeo is a digital workplace brand that has lately completed its first seed round. An emerging top startup in Helsinki, Happeo raised $8 million from Vendep Capital, Maki.vc and DN Capital in July 2018. The company was formerly known as Universe and is a leading Helsinki based startup that offers a one-stop solution for enhanced internal communications that can translate to effective employee engagement. Happeo was founded by Antero Hanhirova, Perttu Ojansuu, and Vesa Sironen; the company is one of the top Helsinki startups for 2019 that looks quite promising. This cutting-edge startup has already an amazing client base which includes top Finnish and international brands like Rovio, Chantelle, and Randstad Sourcelight among the others.
Founded in 2011 by Juha Valvanne, Antti P?yh?nen, and Jani Luostarinen, Helsinki based startup Nosto is a novel ecommerce website solutions provider that is thriving. Nosto allows sellers in the online marketplace sellers to deliver a highly personalized shopping experience without needing any tedious IT resources. The platform is helping several ecommerce enterprises to drive sales making the company one of the top Helsinki startups in the ecommerce solutions arena. There have been four funding rounds for the company so far with Series B bringing home $7.4 million in September 2018. The new funds have got Nosto being watched for any remarkable developments in the coming year making it one of the top Helsinki startups for 2019.
An emerging Helsinki based startup in the gaming segment, Everywear Games was in the limelight for its recent round of funding. The company raised ?5 million in venture capital from Supercell and saw the investor becoming the only stakeholder in the company by buying out all the existing ones. A shining company among the top Helsinki startups for 2019, Everywear Games is a smartwatch gaming company that was established in 2015 by veterans Markus Tuppurainen, Aki J?rvilehto, and Mika Tammenkoski. The total amount raised by the Helsinki based startup stands at $8.4 million as of date, and the recently secured funds are most likely to be used for expanding the team of Everywear Games.
Kaiku Health is one of the top Helsinki startups for 2019 belonging to the digital health segment. Previously known as Netmedi, this health tech company is helping healthcare providers and organizations offer the best of healthcare services by leveraging data sciences? and automating more and more processes. The Helsinki based startup has a growing customer base which currently comprises of more than 40 European healthcare organizations of different scales. In April 2018, Kaiku Health raised ?4.4 million from lead investors Tesi and Debiopharm Innovation Fund with the support of four more investors. One of the top Helsinki startups for 2019, Kaiku Health, plans to put these funds to use for further development of their digital therapeutics assets and for accelerating an international expansion. The company was founded in 2012 by Henri Virtanen, Joel Lehikoinen, Kaarlo Haikonen, and Lauri Sippola.
Leading the SaaS segment in the Finnish startup ecosystem as one of the highly funded companies in 2018 is Helsinki based startup Smarp. The company is an innovative software company that has developed a dynamic platform for sharing content at an intra-enterprise. Smarp was co-founded by Mikael Lauharanta, Roope Heinil?, and Tommi Huovinen in 2011 and has raised ?9.9 million since 2012. The most recent round helped the company climb up the ranks to become one of the top Helsinki startups for 2019. This was the Series A round in which Smarp raised ?4.2 million Nauta Capital.
Matchmade is a gaming influencer marketing platform that ranks among the top Helsinki startups for 2019. The Finnish startup has a market reach of close to 600 million gamers and is poised to grow tremendously after raising $4.8 million in funding in November 2018. This amount was raised from Korea Investment Partners in its Series A round, the fourth round of funding till date for the Helsinki based startup. Matchmade is one of the top Helsinki startups for 2019 based on the merit of the steady grown it has shown since its establishment in 2014 by Jiri Kupiainen and Leo L?nnenm?ki and is also known as Shark Punch.
Helsinki based startup Norsepower is a Finnish cleantech startup that has recently completed one of its largest funding rounds. The startup is a pioneer wind propulsion system provider that offers a system that is low maintenance and can be operated by software. One among the top Helsinki startups for 2019, Norsepower has? raised ?3.6 million from Korkia in November 2018 and plans to direct these funds for increasing the production capacity of certain units and for widening their supplier network. The Helsinki based startup was established in 2012 by Tuomas Riski, a renowned entrepreneur in the region.
Helsinki’s fast-paced growth for churning out some of these top Helsinki startups for 2019 can be attributed to factors like excellent access to international markets and immense support for entrepreneurial activities through programs like Business Finland.
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