Helsinki-based Maki.vc has launched its third fund, raising €100 million to support pre-seed and seed-stage startups across the Nordics and Northern Europe.
This Article 8 fund will target companies with environmental and social goals, focusing on deep tech and brand-driven innovation.
Driving Growth in the Nordic Startup Ecosystem
Supported by over 50 investors—including leaders from Skype, Wise, and Supercell—Maki.vc aims to harness the Nordic region’s unique ecosystem of research, industry collaboration, and proven entrepreneurial success. According to Partner Pauliina Martikainen, “The Nordics represent one of the strongest startup funding regions in Europe, offering unparalleled opportunities for global impact.”
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The new fund has already made seven investments, including startups Distance Technologies, QMill, and Ever Cars. Initial investments range from €300,000 to €3 million, with select follow-on funding reserved to help these early-stage companies grow.
Building on a Legacy of Success
Founded in 2018, Maki.vc has supported companies like Spinnova, which went public in 2021, as well as startups acquired by industry leaders Zendesk and Oddity. Its portfolio includes pioneering companies in quantum tech, sustainable food, AI-driven compliance, and health tech, such as IQM, Onego Bio, Strise, Enfuce, and CardioSignal.
With two-thirds of its fund allocated for follow-on investments, the finnish VC will continue to back its portfolio as companies scale and expand. Maki.vc is led by a team of experienced partners and a global network of advisors dedicated to helping startups thrive.
