Wave Ventures
Tehtaankatu 27-29A 7020, Helsinki, 00150, Finland
Overview
Founded in 2016, Wave Ventures is the largest student-run VC in Europe, backed by Nordic unicorn founders, investing in Gen Z entrepreneurs at the earliest stage. We operate both from Finland and Sweden with a team of five people from the top universities in the region.
- Total investments
- 20
- Lead investments
- 2
- Investments · 12mo
- 8
- Active investors
- 2
Investment portfolio
- Sono
Participated · Seed · Jun 2026
Sono develops real-time, speech-driven AI agents that automate routine customer service and sales interactions such as booking appointments, answering FAQs, routing calls and running satisfaction surveys. The company is active especially in automotive customer service and has expanded its solution to real estate/property management and pure sales tasks. Founded in 2025 and based in Helsinki, Sono reports growing usage—expecting over 30,000 handled calls for 15 customers by June 2026 and monthly call volumes increasing ~50%. It has opened an office in Stockholm as part of a planned expansion into Sweden and other European markets. Sono plans to continue product development to make agents capable of both support and proactive sales tasks; the recent financing is earmarked for product development and international growth.
- CRACI
Participated · Seed · May 2026
CRACI builds a platform that provides visibility across software supply chains while automating vulnerability tracking, lifecycle management and compliance processes. The company positions its product to help organisations meet requirements of the EU Cyber Resilience Act, including supply chain control, traceability and continuous security. CRACI says its platform aims to enable compliance without slowing software development amid rising complexity from third-party components, open-source dependencies and AI-generated code. Founded in 2025 by Juho Niemi, Dennis Marttinen, Jaakko Sirén and Petteri Pulkkinen, the Finnish startup raised €1.4M in pre-seed funding to support product development and expansion ahead of the 2026 regulatory changes.
- Calori
Led · 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.
- Arkyv
Participated · Seed · Apr 2026
Arkyv builds AI-first software aimed at automating manual, rule-based tasks faced by architects and BIM engineers and embedding action directly into their workflows. The product has been developed alongside leading Scandinavian architecture firms, which have helped shape its capabilities. The team announced plans to expand access by opening the platform globally following the pre-seed raise. Arkyv positions its technology to reduce tedious work so architects can focus on creative tasks. The company named several team members in its announcement and said the new funding will support continued product development and international rollout. No revenue, user, or prior funding metrics were disclosed in the announcement.
- Newly
Participated · Equity · Mar 2026
Newly offers an AI-powered platform that combines agentic AI systems and mobile-native tooling to let teams create, iterate, and launch fully functional, App Store–ready native mobile applications without writing code. The company says its approach dramatically shortens development timelines, reducing them "from months to hours," and lowers the cost and complexity that have traditionally limited native app development. Led by founder and CEO Timothy Lindblom and based in Stockholm, Newly targets teams and founders who lack specialised mobile engineering resources. The startup plans to broaden its product scope beyond mobile to include desktop software, augmented reality experiences, and wearable applications. Newly has raised more than $2 million to date, with the latest round led by PSV Tech and participation from multiple venture and angel investors, and will use the new funds to advance its platform and expand into additional native formats.