Butterfly Ventures Investments & Fund Profile

Overview

Seed-stage VC investing in deep tech and hardware in the Nordics.

Founded

2012

Deals · 12mo

5

Links

Website LinkedIn X (Twitter)

Stage focus

Seed

Geographic focus

Finland

Sweden

Sector focus

Banking

Finance

Venture Capital

Investment portfolio

24rounds

LedParticipated

NAME	DATE	SIZE
Birdsview	Aug 2026Participated	$4 MOther Equity
CeLLife Technologies	May 2026Participated	$5 MSeed
Zenniz	Feb 2026Participated	$6 MOther Equity
Polar Light Technologies	Jan 2026Participated	$6 MOther Equity
DREV	Nov 2025Led	$3 MSeed
Happy Plant Protein	Nov 2024Participated	$2 MSeed
Hypertype	Jul 2024Led	$0.66 MOther Equity
Atium	Jun 2024Participated	$0.64 MOther Equity
Flow Computing	Jun 2024Led	$4 MSeed
10Lines	Apr 2024Participated	$2 MOther Equity
Reactional Music	Apr 2023Led	$2 MSeries A
Naava	Jan 2022Participated	$8 MOther Equity
Birdsview	Aug 2026Participated	$4 MOther Equity
CeLLife Technologies	May 2026Participated	$5 MSeed
Zenniz	Feb 2026Participated	$6 MOther Equity
Polar Light Technologies	Jan 2026Participated	$6 MOther Equity
DREV	Nov 2025Led	$3 MSeed
Happy Plant Protein	Nov 2024Participated	$2 MSeed
Hypertype	Jul 2024Led	$0.66 MOther Equity
Atium	Jun 2024Participated	$0.64 MOther Equity
Flow Computing	Jun 2024Led	$4 MSeed
10Lines	Apr 2024Participated	$2 MOther Equity
Reactional Music	Apr 2023Led	$2 MSeries A
Naava	Jan 2022Participated	$8 MOther Equity

24 Items

24

Items

...

Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Butterfly Ventures: 24 funding rounds are recorded in the selected participation categories. All available history
Round type	Led deals	Participated deals
Seed	4	5
Series A	1	2
Other Equity	2	10

Monthly Deal Activity

Butterfly Ventures: 24 deals are recorded across 162 months. All available history
Month	Deals
May '13	1
Jun '13	0
Jul '13	0
Aug '13	0
Sep '13	0
Oct '13	0
Nov '13	0
Dec '13	0
Jan '14	0
Feb '14	0
Mar '14	0
Apr '14	0
May '14	0
Jun '14	1
Jul '14	0
Aug '14	0
Sep '14	0
Oct '14	0
Nov '14	0
Dec '14	0
Jan '15	0
Feb '15	0
Mar '15	0
Apr '15	0
May '15	0
Jun '15	0
Jul '15	0
Aug '15	0
Sep '15	0
Oct '15	0
Nov '15	0
Dec '15	1
Jan '16	0
Feb '16	0
Mar '16	0
Apr '16	0
May '16	0
Jun '16	0
Jul '16	0
Aug '16	0
Sep '16	0
Oct '16	1
Nov '16	0
Dec '16	0
Jan '17	0
Feb '17	0
Mar '17	0
Apr '17	0
May '17	0
Jun '17	0
Jul '17	0
Aug '17	1
Sep '17	1
Oct '17	0
Nov '17	0
Dec '17	0
Jan '18	0
Feb '18	0
Mar '18	0
Apr '18	0
May '18	0
Jun '18	0
Jul '18	0
Aug '18	0
Sep '18	1
Oct '18	0
Nov '18	0
Dec '18	0
Jan '19	0
Feb '19	0
Mar '19	0
Apr '19	0
May '19	0
Jun '19	0
Jul '19	0
Aug '19	0
Sep '19	1
Oct '19	0
Nov '19	0
Dec '19	1
Jan '20	0
Feb '20	0
Mar '20	0
Apr '20	0
May '20	0
Jun '20	0
Jul '20	0
Aug '20	0
Sep '20	0
Oct '20	0
Nov '20	0
Dec '20	0
Jan '21	0
Feb '21	0
Mar '21	1
Apr '21	0
May '21	0
Jun '21	1
Jul '21	0
Aug '21	0
Sep '21	0
Oct '21	0
Nov '21	0
Dec '21	0
Jan '22	2
Feb '22	0
Mar '22	0
Apr '22	0
May '22	0
Jun '22	0
Jul '22	0
Aug '22	0
Sep '22	0
Oct '22	0
Nov '22	0
Dec '22	0
Jan '23	0
Feb '23	0
Mar '23	0
Apr '23	1
May '23	0
Jun '23	0
Jul '23	0
Aug '23	0
Sep '23	0
Oct '23	0
Nov '23	0
Dec '23	0
Jan '24	0
Feb '24	0
Mar '24	0
Apr '24	1
May '24	0
Jun '24	2
Jul '24	1
Aug '24	0
Sep '24	0
Oct '24	0
Nov '24	1
Dec '24	0
Jan '25	0
Feb '25	0
Mar '25	0
Apr '25	0
May '25	0
Jun '25	0
Jul '25	0
Aug '25	0
Sep '25	0
Oct '25	0
Nov '25	1
Dec '25	0
Jan '26	1
Feb '26	1
Mar '26	0
Apr '26	0
May '26	1
Jun '26	0
Jul '26	0
Aug '26	1
Sep '26	0
Oct '26	0

Sector Breakdown

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Butterfly Ventures: Hardware & Robotics is the largest displayed sector by deal count (9 deals). All available history
Sector	Deals
Hardware & Robotics	9
Networks, Cloud & Communication	8
Enterprise Software	7
Clean Energy & Sustainability	6
Data, Analytics & IT	4
Space & Frontier Tech	4
Consumer & Lifestyle	3
Manufacturing	3
Media & Entertainment	3
Health & Life Sciences	3
AI & Machine Learning	3
Professional Services	3
Cybersecurity & Privacy	2
Real Estate & Construction	2
Food & Agriculture	2
Travel & Hospitality	1
E-Commerce & Retail	1
AR/VR	1
Transportation & Logistics	1
Fintech	1
Gaming & eSports	1

Deal Size Distribution

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Butterfly Ventures: 24 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)	Deals
<$5M	20
$5M-$10M	3
$10M-$25M	1
$25M-$50M	0
$50M-$100M	0
$100M-$250M	0
$250M-$500M	0
$500M-$1B	0
$1B+	0

Deals By Geography

Top 2 of 2 regions; European countries are grouped as Europe.

Butterfly Ventures: Europe has the largest recorded deal count among the displayed regions (23 deals). All available history
Region	Deals
Europe	23
Saudi Arabia	1

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Butterfly Ventures: 20 co-investors are shown, with Business Finland sharing 5 recorded deals. All available history
Co-investor	Shared deals
Business Finland	5
Almi Invest	2
Sarsia	2
Superhero Capital	2
Tesi	2
01 Ventures	1
2C Ventures	1
5J Holding	1
Amanotes	1
AMAVI Capital	1
Battle Born Venture	1
Bling Capital	1
Born2Grow	1
Bromélia Capital	1
Bust	1
Chalmers Ventures	1
Creandum	1
Ehrnrooth family office	1
European Innovation Council	1
Eviny Ventures	1