Butterfly Ventures

Butterfly Ventures is the leading seed entry-deep tech VC in the Nordics. Butterfly Ventures was founded in 2012. Ever since then, we’ve been one of the most active early-stage VCs in the region. We have an office in Oulu (FIN), Helsinki (FIN), Stockholm (SWE), Tallin (EST) and Copenhagen (DNK).

Butterfly Ventures is known for its cooperative approach. We like to interface with founders directly and work as a team and founders have the full support of all our partners. Furthermore, we’ve been always mindful of our impact on the society around us. For example, according to Forbes, we were the first VC fund that operated 100% carbon neutrally in Europe.

Butterfly Ventures is investing in seed-stage startups, particularly from Finland and Sweden, but also from other Nordic countries and Baltics. We prefer to get involved with companies early on. 80% of our portfolio companies do not have any revenue at the time of our entry. However, we’re very business driven, typically our portfolio companies start generating revenue in less than 6 months from the first investment. While we always place our first investment at seed, we have significant capacity for follow-on investments. Right now we’re looking for deep tech, HW, and HW interfacing SW with either social or environmental impact.