5 Finnish startups to watch out for this year
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With Slush about to kick off tomorrow, what better time is there to check out some exciting Finnish startups?

Last year we gave you the run-down of 20 Finnish startups we thought you should know about. Now we’ve got five more for you to keep your eye on. The tech ecosystem in Finland, particularly in the capital Helsinki, is going from strength to strength. The top level education system, and the happy population, clearly nurture a good environment for innovation and entrepreneurship. Gaming has always been big in Finland, which is home to Rovio Entertainment and Supercell, and it shows no sign of taking a back seat now.

Wolt

Image credit: Wolt

Image credit: Wolt

Finland’s very own Deliveroo/Just Eat/Uber Eats, Wolt is a web and mobile food-delivery app. Operating in Finland, Sweden and Estonia, Wolt delivers food to its customers from over 600 restaurants.

Founded by Elias Pietilä, Oskari Petas, Mika Matikainen, and Slush founder Miki Kuusi in 2014, the company raised $12.4M in Series A funding in April of this year. At the Nordic Startup Awards Finnish edition, Wolt picked up three awards, including top startup of the year.

Futurefly

Image credit: Futurefly

Image credit: Futurefly

New player on the scene, Futurefly is about gamifying and reimagining mobile apps. Founded in 2015 by Oskari Häkkinen and Pietari Päivänen, they raised $3 million in seed funding from investors including Arielle Zuckerberg.

The summer of 2016 saw Futurefly release messenger app Rawr, which allows users to communicate through avatars. The app’s digital stores include Chelsea Football Club, Red Bull and The Walking Dead. Users can even dress their avatar like Rick Grimes.

The Futurefly team of thirteen. Photo credit: Futurefly

The Futurefly team of thirteen. Photo credit: Futurefly

Yogaia

Image credit: Yogaia

Image credit: Yogaia

The first online interactive yoga studio, Yogaia is right on trend. With more and more people taking up yoga the world over, whilst work and life increasingly move online, Yogaia fits right into the modern lifestyle.

Founded in 2013 in Espoo (the tech suburb of Helsinki) by Mikko Petäjä, the company raised $3 million in seed funding in 2015 to aid its international growth. A truly borderless product, Yogaia has the potential to go far with its subscription-based model. Users have 24/7 access to the platform where they can join in with live classes or watch past lessons. They can even turn on their webcam in order to get private feedback from the teacher, if they so desire.

Solu

Pocketable Solu's interface allows users to use natural gestures. Photo credit: Solu

Pocketable Solu’s interface allows users to use natural gestures. Photo credit: Solu

Putting a computer in your pocket, Solu have built a game-changing wooden computer based on the principles of collaboration, intuitive UI, and the cloud.

Founded by Holvi‘s Kristoffer Lawson in 2014, Solu has raised $1.3 million in seed funding. They launched the device as a Kickstarter project for €349, and are currently running their next preorder campaign on indiegogo. Using apps on Solu will require a first-of-its-kind monthly subscription, allowing developers to earn monthly revenue based on app-usage.

Armada Interactive

Image credit: Armada Interactive

Image credit: Armada Interactive

Next-gen gaming startup Armada Interactive want to shake up the slow-moving industry (their words). The Helsinki-based company aim to bring more immersive gameplay and innovative UX to mobile, and are currently working on their first (top secret) game.

Founded in 2015 by game industry veterans Samuli Syvähuoko, Mikko Kinnunen, Tero Teelahti, Juha Matikainen, Nick Joore and Giuliano Cremaschi, they raised $3 million in seed funding in April 2016, led by Initial Capital.

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Mia Rafalowicz-Campbell

About Mia Rafalowicz-Campbell


Traveller and city-lover, Mia has written on topics that range from music to food to quantum computing. Turning her hand to innovation and the startup scene, she is particularly tickled by GreenTech.

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