Best Chemicals and Materials Companies in Finland
The 122 best Chemicals and Materials companies in Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Silecs.
Finland's Chemicals and Materials sector doesn't get the hype of the Nordics' tech scene, but our directory of 122 tracked companies tells a pointed story. Total disclosed funding sits at $51M, and Silecs alone accounts for $38M of that, which means you're looking at one outsized earner pulling hard while the rest of the field is still early-stage. Innomost at $7M is the next meaningful data point, with Ligneasy, Measur, and Biomendex clustered well below that. No unicorns yet. But the investor roster, EIC Fund, Tesi, Taaleri, Europa, and the European Union, signals that institutional capital is circling with patient conviction rather than quick-flip intent.
Coverage across the sector is flat right now, which I'd actually read as a setup moment rather than a warning sign. The themes gaining traction are urban sustainability, green infrastructure, and sustainable city planning, and Finnish materials firms are well-positioned to feed that demand chain. Median install growth across chemicals and building materials apps is running at roughly plus-18% year over year across 32 tracked apps, so the downstream interest is real even where funding headlines are quiet. So what does that leave you with? A sector where one company's already broken away, regulatory tailwinds from EU green mandates are compressing timelines, and the next cluster of funded names is still forming.
Our analysis of 234 Chemicals and Materials companies
$21.9b in tracked funding; 57% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Chemicals and Materials companies in Finland
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Silecs Provider of website development and client support services | $38M | 181 mo ago | Acquired | — | 2000 | — | 93 patents Patents concentrated in chemistry & materials | — |
| 2 | Innomost Manufacturer of bio-based ingredients derived from upcycled birch bark side streams | $7M | 45 mo ago | Series A | — | 2016 | WordPressMySQLPHP+11 | 10 patents Betulin extraction from birch bark and specialized coating composition technologies. | 1 award |
| 3 | Measur Provider of laboratory analysis and testing services | $3M | 33 mo ago | Seed | Teemu Myllymaki Co-Founder & CEO | 2017 | ContentfulSentryTailwind CSS+13 | — | — |
| 4 | Biomendex Manufacturer of adaptable synthetic bone substitute materials for bone regeneration | $3M | 44 mo ago | Funding Raised | Kaarlo Paakinaho Founder | 2018 | — | 5 patents Porous composite biomaterials for tissue engineering scaffolds and regenerative implants. | 1 launch |
| 5 | Ligneasy Developer of patented technology for lignin separation from kraft pulp mills | $1M | 21 mo ago | Seed | Juho-Matti Karpale Chief Executive Officer | 2022 | — | 8 patents Purification processes for lignin extraction in biorefinery applications | 1 launch |
| 6 | Ahlstrom Manufacturer of fiber-based specialty materials | — | 26 mo ago | Funding Raised | Helen Mets President and Chief Executive Officer | 1851 | Optimizely Content ManagementMicrosoft ASP.NETBootstrap+24 | — | 1 award |
| 7 | Okmetic Provider of revenue cycle management and risk adjustment solutions for healthcare | — | 32 mo ago | Series A | — | 1985 | RubySalesforceLeaflet+20 | 8 patents Manufacturing high‑resistivity silicon handle wafers for hybrid semiconductor substrate integration | 1 award |
| 8 | Jervois Finland Manufacturer and supplier of cobalt-based products | — | 35 mo ago | Funding Raised | — | 2021 | WordPressMySQLPHP+19 | — | 1 expansion |
Top 12 Chemicals and Materials companies in Finland
#1
Seed · Helsinki, Uusimaa · founded 2022$1.1Mraised▾
Developer of patented technology for lignin separation from kraft pulp mills. The technology facilitates the transformation of previously unused bio-based material into valuable products. The company's solution integrates into existing systems, allowing mills to recover value. The separated lignin has uses across sectors, including packaging and thermoplastics.
- Sep 2024Seed$1.1M
- Grant (prize money)—
#2
Seed · Helsinki, Uusimaa · founded 2017 · 30 employees$2.7Mraised▾
Provider of laboratory analysis and testing services
- Sep 2023Seed$2.7M
#3
Series A · Kokkola, Central Ostrobothnia · founded 2016 · 10 employees$6.9Mraised▾
Manufacturer of bio-based ingredients derived from upcycled birch bark side streams. The company transforms sustainably sourced birch bark into valuable products for various industrial applications. These upcycled ingredients offer alternatives to fossil-based materials. The products provide high performance across applications, including cosmetics, personal care, adhesives, coatings, and paints.
- Aug 2022Series A$995.9K
- Aug 2021Series A$5.9M
#4
Funding Raised · Tampere, Pirkanmaa · founded 2018 · 9 employees$2.5Mraised▾
Developer of adaptable synthetic bone substitute materials designed to be used for bone regeneration. The company's materials are made of two substances, a polymer and a bioceramic material and eliminates the need for bone grafting, enabling physicians to effectively treat cranial defects in small children.
- Sep 2022Grant (prize money)$48.7K
- Oct 2019Grant (prize money)$2.5M
#5
Acquired · Espoo, Uusimaa · founded 2000 · 15 employees$37.7Mraised▾
Provider of website development and client support services. The company offers assistance and information through guides and a forum. A client area is also available for customer interaction. The focus is on providing support and resources to clients throughout the website development process and beyond. This includes troubleshooting, guidance, and ongoing maintenance.
#6
Funding Raised · Helsinki, Uusimaa · founded 1851 · 2470 employees—raised▾
Manufacturer of fiber-based specialty materials. It produces filter media and specialty materials used in filtration applications, medical barrier fabrics, sterilization wraps, biospecimen collection cards, and life science diagnostics. It develops sustainable packaging solutions including beverage and food packaging materials, release papers, cooking and baking papers, and molding materials. It also supplies materials for construction, surface and furniture applications, electrotechnical insulation papers, tape and abrasive backings, and glass fiber tissues.
#7
Series A · Vantaa, Uusimaa · founded 1985 · 640 employees—raised▾
Provider of revenue cycle management and risk adjustment solutions for healthcare. It offers consulting services to improve healthcare revenue cycle processes, including coding, billing, and auditing. The company also provides risk adjustment solutions, combining technology tools and auditing processes to optimize risk scores and reimbursement. These services aim to increase productivity, reduce unbilled accounts, and improve payment accuracy for hospitals and physicians.
#8
Funding Raised · Kokkola, Central Ostrobothnia · founded 2021 · 83 employees—raised▾
Manufacturer and supplier of cobalt-based products
#9
Seed · Helsinki, Uusimaa · founded 2023—raised▾
Manufacturer of bio-based plastics materials
- 2023Seed—
#10
Funding Raised · Espoo, Uusimaa · founded 2009—raised▾
Provides polymer dispersions, latex binders, and barrier solutions
#11
Funding Raised · Espoo, Uusimaa · founded 1987—raised▾
Chemical manufacturing company
#12
Public · Helsinki, Uusimaa · founded 1932 · 8708 employees—raised▾
In 2022, the company recorded annual revenues of $10.45B and a net profit of $1.2B
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Chemicals and Materials coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Advanced Materials is moving in Finland
A read on the academic research around Advanced Materials — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 26 Finland-affiliated papers.
- Aalto University12
- Tampere University9
- University of Oulu4
- VTT Technical Research Centre of Finland2
- Lappeenranta-Lahti University of Technology2
- Actuator8
- Morphing6
- Smart material6
- Elastomer6
- Shape-memory alloy4
- Nanotechnology2
- Piezoelectricity2
- Underwater1
- Self-healing1
- Byssus1
- Microsystem1
- Piezoelectricity1
- Ceramic1
- Actuator1
- Composite material1
Where advanced materials is researched across Finland
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.