Ecosystem

Butterfly Ventures
2024
Feb 07

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), Tallinn (EST) and Copenhagen (DNK).

Butterfly Ventures is known for our co-operative 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 to society around us. For example according to Forbes, we were the first VC fund that operated 100% carbon neutrally in Europe.

Waiting for Startups with: prototype, MVP
Fields of interest: Deeptech, hardtech, R&D
Benefits for Startups: Scandinavian research and development network and solid track record of building and exiting deeptech startups
Fund range per team: average initial ticket 300 000 euros
Investment conditions: equity, convertible note
Market focus: Scandinavia and Baltics