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The Venture Codex

Korpun Siemen

Oulu, Finland

Overview

Korpun Siemen is backed by 33 investors who have combined their initial investment activities and have extensive experience in start-up, growth and family businesses in various industries. The company includes active angel investors, entrepreneurs in growth companies and investors who have already exited their companies.

Total investments
4
Lead investments
0
Investments · 12mo
2
Active investors
1
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Investment portfolio

  • Calori

    Participated · Seed · May 2026

    Calori is focused on answering what a person needs to eat to be the healthiest version of themselves by combining personal data, scientific insights and real-world behavior. The company intends to build infrastructure that enables precision nutrition rather than guesswork. In early 2026 Calori raised a €1M pre-seed round led by Wave Ventures, with participation from Karaoke Club, Joyance Partners, Korpun Siemen Oy, angel investors from ŌURA, Wolt and AMD Silo AI, plus growth funding from Nordea. The funding is earmarked to continue product and infrastructure development. The announcement did not disclose revenue, user metrics, prior funding rounds or company valuation.

  • SensorFu

    Participated · Equity · Apr 2026

    SensorFu develops cybersecurity solutions centered on its Beacon product, which is designed to verify and maintain true isolation of closed networks. The company serves notable international customers and positions itself in a rapidly evolving cybersecurity market. SensorFu has attracted institutional and angel capital, most recently raising €1.5M to support continued growth and scaling. Existing investor Nordic Option has previously invested in the company and led the latest round, signaling continued confidence in the team. New participants in the round included Gorilla Capital, Korpun Siemen Oy and cybersecurity-focused angel investors. The company plans to use the proceeds to accelerate its expansion and support its growing customer base.

  • UPSY

    Participated · Seed · Apr 2022

    Upsy builds a conversational shopping assistant delivered as SaaS to digital retailers, using machine learning and natural language processing so the assistant can communicate with customers like a human. The product is already in use in several online stores and customers named in coverage include Kaalimato, Suojakalvotukku and Fotonordic. Upsy focuses on the SME segment and aims to become the global market leader in the shopping assistant category. Founded in 2021 and headquartered in Helsinki, Finland, the company operates with eight employees across Vallila, Helsinki and Bangladesh. The business plans to use new capital to accelerate product development, expand into new international markets, and further develop its AI and neural network capabilities.

  • Upsy Company

    Participated · Seed · Apr 2022

    Upsy Shopping Helper, founded in 2021, is a SaaS solution for digital retailers that uses machine learning and natural language processing to communicate with customers like a human and convert visitors into buyers. The product helps customers find the right product, recommends add-ons, answers common questions, and aims to boost conversion and average purchase value without manual intervention. Upsy focuses on the SME ecommerce segment, positioning itself as a cost-effective alternative to the tools and human-operated customer service used by larger players. The company says its solution is easy to integrate and targets small and local businesses going digital to compete with ecommerce giants. Upsy recently raised €1.2 million in seed funding to accelerate growth. The fresh capital will be used for further product development, international expansion, and advancing the product's AI and neural network capabilities as part of its plan to lead the shopping assistant category globally.

Team

  • Ilkka Sillanpaa

    Partner, member of the board

    LinkedIn