Butterfly Ventures is the first Nordic micro-VC focused on hardware and deep tech startups. Founded in 2012 with offices in Oulu, Helsinki, Stockholm, Tallinn, and Copenhagen, the firm backs pre-revenue companies and helps them reach commercialisation fast.
With 80% of portfolio companies having no revenue at entry, Butterfly takes genuine early-stage risk on deep tech founders. The firm has been one of the most active early-stage VCs in the region, recently becoming Europe's first carbon-neutral VC fund according to Forbes.
Butterfly's Oulu roots connect it to Finland's wireless communications and hardware heritage (Nokia's birthplace), giving the firm unique insight into deep tech, electronics, and manufacturing-adjacent startups.
Oulu & Helsinki, Finland
"First Nordic hardware and deep tech micro-VC — 80% pre-revenue at entry, Europe's first carbon-neutral VC. Oulu to the world."
Apply to the Apex Startup Discovery Program
Aligned with Butterfly Ventures's investment focus. Precondition: You must be an Apex Participant to submit. Registration is complimentary and includes 2 Golden Ads. This project is part of Apex Master Expos.
Apex Ecosystem with Golden Ads
"Who I Am · What I Want"
Complimentary for Apex Participants. Become an Apex Participant at myapex.me — registration is complimentary and includes 2 Golden Ads. Part of Apex Master Expos.
Apex is a living ecosystem — one of its kind. A decentralized, member-owned global business platform across 80+ countries where preferred venture partners such as Butterfly Ventures can explore early-stage innovation quietly and selectively, while founders showcase on their MySite and gain clarity on what long-term investors truly seek. No middleman. By members, for members.