Best High Tech Companies in Espoo, Finland
The 82 best High Tech companies in Espoo, Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ICEYE.
Our analysis of 1,127 High Tech companies
$222.2b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best High Tech companies in Espoo
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ICEYE 🦄 Manufacturer of radar satellite constellations providing persistent earth observation imagery | $438M | 6 mo ago | 492 | Pekka Laurila Co-Founder & CSO | HubSpot CMS HubApple iCloud MailGoogle Workspace+17 | Top 1M | 320 patents Patents concentrated in computing, sensing & instrumentation | 1 launch · 2 partnerships · 2 expansions |
| 2 | IQM 🦄 Developer of superconducting quantum computers | $346M | 2 mo ago | 300 | Juha Vartiainen Co-founder & Chief Global Affairs Officer & Board Member | WordPressMySQLPHP+20 | Top 10M | — | 1 award |
| 3 | Dispelix Developer of waveguide displays for augmented reality devices and glasses | $55M | 55 mo ago | 124 | — | VimeoApache HTTP ServerCloudflare+13 | Top 10M | 542 patents Design and manufacturing of diffractive optical elements and microdisplay gratings | 1 job opening |
| 4 | Enevo Provider of a platform and sensors for waste management optimization | $39M | 105 mo ago | 15 | Fredrik Kekalainen Co-Founder | WordPressMySQLPHP+16 | Top 50M | 90 patents IoT-based waste container tracking, fill-level sensing, and dynamic collection routing | — |
| 5 | Quuppa Provider of reliable real-time indoor position tracking platform | $24M | 70 mo ago | 50 | — | WordPress Block EditorWordPressApple iCloud Mail+33 | Top 5M | — | 1 job opening · 1 partnership |
| 6 | CH-Bioforce Biomass fractionating technology solution provider | $18M | 47 mo ago | 11 | Sebastian Schoultz Co-Founder & Chief Business Officer | WordPressMySQLPHP+19 | Top 50M | 57 patents Biomass valorization: lignin and hemicellulose extraction, cross‑linkable xylan production for biorefineries | 1 launch · 1 expansion · 2 awards |
| 7 | SemiQon Provider of products for quantum quibit and quantum hardware | $18M | 16 mo ago | 3 | — | WebflowYouTubePlausible+8 | Top 50M | — | 1 job opening |
| 8 | Sensible 4 Developer of vehicle automation systems for extreme environments | $17M | 41 mo ago | 77 | Jussi Suomela Co-Founder | WordPressMySQLPHP+22 | Top 50M | 13 patents Patents concentrated in computing, sensing & instrumentation | 1 partnership |
| 9 | QuantrolOx Provider of AI-enabled quantum computing software | $16M | 39 mo ago | 23 | Natalia Ares Co-Founder | WordPressMySQLPHP+18 | Top 50M | — | 1 partnership |
| 10 | Beddit Sleep tracker | $8M | 141 mo ago | 6 | — | — | — | 12 patents Non‑invasive sleep monitoring and quality assessment using physiological sensor data. | — |
| 11 | Nordic Bioproducts Group Provider of cellulose based bioplastics | $6M | 4 mo ago | 26 | Olli Kahkonen Co-Founder | WordPressPleskMySQL+14 | Top 50M | 10 patents Microcrystalline cellulose production/reactor design and lignin‑microcellulose feed/emulsion technologies | 1 award |
| 12 | iFarm Provides smart technologies for growing fresh vegetables, berries and greens | $5M | 70 mo ago | 40 | Max Chizhov CEO | TildaBitrix24core-js+13 | Top 5M | — | — |
| 13 | QMill Provider of quantum computing solutions | $4M | 21 mo ago | — | Ville Kotovirta Co-Founder & CTO | SanityNode.jsPanda CSS+10 | Top 50M | 2 patents Secure digital identity verification and authentication systems | 1 launch · 1 award |
| 14 | Surrogate Developer of online games | $4M | 66 mo ago | 4 | Shane Allen Co-Founder & CEO | — | — | — | — |
| 15 | OptiWatti Room level optimization for temperature | $4M | 109 mo ago | — | Jyri Seppa Co-Founder | WordPressMySQLPHP+23 | Top 5M | 9 patents Load control and energy management for electricity distribution networks | — |
| 16 | ElFys Manufacturer of customized and standard photodiodes for light detection applications | $4M | 45 mo ago | 20 | Mikko Juntunen CEO | WebflowCloudflare TurnstilereCAPTCHA+10 | Top 50M | 19 patents Infrared and radiation sensing via germanium‑on‑silicon photodiodes and semiconductor photomultipliers | — |
| 17 | PulseOn Heart rate monitoring wearable and app | $3M | 151 mo ago | 21 | Jaakko Hattula CTO | WordPressMySQLPHP+15 | Top 50M | 55 patents Wearable cardiac/arrhythmia monitoring with signal quality estimation and biometric strap technology. | 1 job opening |
| 18 | Ladimo 3D point cloud acquisition systems | $2M | 80 mo ago | 6 | Jouni Halme CEO | — | — | 9 patents 3D surface topography modeling for precision measurement and inspection systems | — |
| 19 | ConfidentialMind Developer of a platform for deploying AI systems and applications | $2M | 24 mo ago | — | Esko Vahamaki Co-Founder & Chief Architect | TurbopackNode.jsRadix UI+15 | Top 50M | — | 1 partnership |
| 20 | Popit Smart device for medication adherence | $1M | 72 mo ago | 6 | Marko Nirhola Co-Founder | WordPressMySQLPHP+22 | Top 5M | 4 patents Medication adherence monitoring via pill removal detection sensors | — |
| 21 | ASAN Security Centralized video surveillance & management solution | $1M | — | — | Antti Laine CEO | — | — | — | — |
| 22 | Omegawave Software and hardware solutions for sports performance analysis | $1M | 168 mo ago | 14 | — | WordPressMySQLPHP+35 | Top 10M | 12 patents Non‑invasive physiological state monitoring and performance assessment for human health and training | — |
| 23 | BiiSafe Bluetooth Keyfob For Item-Tracking And Location Alerts | $1M | 129 mo ago | 14 | Jouni Suutarinen CEO | — | — | 3 patents Mobile device docking stands with remote control and alarm integration. | — |
| 24 | Woamy Developer of recyclable cellulose-based foam | $1M | 40 mo ago | 8 | Mohamed Elamir Co-Founder | Wix eCommerceWixSentry+14 | Top 50M | 18 patents Foam manufacturing and cross‑laminated protective composite panel production technologies. | 1 launch · 2 awards |
| 25 | Bluegiga Provider of short-range wireless communication systems for IoT applications | $867K | 272 mo ago | 30 | — | — | — | 16 patents Low-power short-range wireless communication modules, especially Bluetooth connectivity solutions. | — |
| 26 | Salusfin Developer of home automation and connected factory solutions | $449K | 114 mo ago | — | Tapio Toivanen Co-Founder & CEO | — | — | 4 patents Automated household energy management and smart load control systems | — |
| 27 | Taika3D Manufacturer of 3D-printed custom orthotics and prosthetics | $400K | 79 mo ago | 20 | Rauno Huttunen Co-Founder | — | — | 4 patents Personalized orthotic/prosthetic design using biometric 3D shape recognition technology. | — |
| 28 | HitSeed End-to-end solutions to enable local intelligence for connected devices | $117K | 132 mo ago | 2 | Antti Hannula Co-Founder & Chairman | — | — | — | — |
| 29 | Navigil Designs & manufacture tracking devices & solutions | $112K | 129 mo ago | 27 | — | — | — | 14 patents Integrated analog smartwatch hardware with telecom communication and display technologies | — |
| 30 | DeskArtes Provider of 3D model fixing software for additive manufacturing | $109K | 97 mo ago | — | Ismo Makela CEO & MD | — | — | — | — |
| 31 | GIM Robotics Provider of mapping, research, development, and integration services for robotics system | $102K | 33 mo ago | 41 | Pertti Lukkari CEO | WordPressApple iCloud MailGoogle Workspace+17 | Top 50M | — | 1 partnership |
Top 12 High Tech companies in Espoo
#1
IQM 🦄Series B · Espoo, Uusimaa · founded 2018 · 300 employees$345.8Mraised▾
Developer of superconducting quantum computers. Its features include quantum processors with on-chip components that increase QPU clock speed for error correction, as well as application-specific processors and quantum operations.
- Mar 2026Conventional Debt$57.5M
- Sep 2025Series B$320M
- Jul 2022Grant (prize money)$51.1K
- Jul 2022Series A$130.6M
#2
ICEYE 🦄Series E · Espoo, Uusimaa · founded 2014 · 492 employees$438Mraised▾
Manufacturer of radar satellite constellations providing persistent earth observation imagery. These systems deliver radar data to detect and monitor physical changes on the surface of the planet. The technology functions through cloud cover and darkness to provide imagery for environmental monitoring, infrastructure assessment, and disaster impact analysis. The hardware enables the collection of radar intelligence for various monitoring requirements.
- Dec 2025Series E$174.9M
- Aug 2025Series D$11M
- Dec 2024Series D$65M
- Dec 2024Conventional Debt—
#3
Series A · Espoo, Uusimaa · founded 2019 · 26 employees$6.5Mraised▾
Provider of cellulose-based bioplastics. It provides users with developing and commercializing smart biotechnologies to redesign cellulose into bioproducts. It also provides users with microcrystalline cellulose and bioproducts.
- Jan 2026Series A—
- Mar 2023Series A—
- Dec 2022Series A$6.5M
- Oct 2022Grant (prize money)$380.6K
#4
Series A · Espoo, Uusimaa · founded 2023 · 3 employees$17.9Mraised▾
Provider of products for quantum quibit and quantum hardware
- Feb 2025Series A$15.7M
- Jul 2023Grant (prize money)—
- Mar 2023Seed—
- Feb 2023Grant (prize money)$2.2M
#5
Seed · Espoo, Uusimaa · founded 2024$4.5Mraised▾
Provider of quantum computing solutions. They claim their solution will trigger the era of practical quantum advantage with new quantum algorithms for the noisy intermediate scale quantum era.
- Sep 2024Seed$4.5M
#6
Acquired · Espoo, Uusimaa · founded 2015 · 124 employees$54.6Mraised▾
Developer of waveguide displays for augmented reality devices and glasses. These transparent waveguides optically combine the real and virtual worlds. The company's designs redefine the form, function, and feel of augmented reality devices. Waveguides are designed for stable, scalable mass production using proven materials and methods.
- Nov 2021Series B$33M
- Apr 2021Venture Debt$6M
- Apr 2021Series A$6M
- Apr 2019Series A—
#7
Series A · Espoo, Uusimaa · founded 2017 · 77 employees$17.1Mraised▾
Sensible 4 is a developer of vehicle automation systems for extreme environments. It develops software stack and control algorithms integrating advanced technologies such as artificial intelligence, robotic or computer vision, sensor fusion, and navigation. It also offers a shared mobility platform and remote fleet management system for autonomous vehicles.
- Jan 2023Grant (prize money)$5.7K
- Aug 2022Series A$1.6M
- May 2022Conventional Debt$8.4M
- Feb 2021Grant (prize money)$476.5K
#8
Seed · Espoo, Uusimaa · founded 2021 · 23 employees$15.9Mraised▾
Provider of AI-enabled quantum computing software. It develops a machine learning-based software for quantum computers to tune, control, and optimise solid-state qubits. Its features include real-time data interpretation, patterns recognization, and qubit stabilization.
- Mar 2023Seed$3.7M
- Oct 2022Seed$10.2M
- Feb 2022Seed$1.9M
#9
Funding Raised · Espoo, Uusimaa · founded 2016 · 11 employees$18.3Mraised▾
CH-Bioforce provides biomass fractionating technology solutions that can convert biomass into cellulose, lignin, and hemicellulose. It uses Pressurized hot water extraction(PHWE) process to extract hemicellulose from wood chips, straw, etc. The materials produced can be used in place of fossil fuels in the textile and packaging industry.
- Jun 2022Grant (prize money)$15.8M
- Nov 2021Grant (prize money)$56.4K
- Mar 2019Grant (prize money)$2.4M
#10
Seed · Espoo, Uusimaa · founded 2023$1.6Mraised▾
Developer of a platform for deploying AI systems and applications. The platform allows enterprises to deploy generative AI models, RAG systems, and agents with the data. It offers features such as inference auto-scaling, zero-trust security, and access management. The platform also includes production-grade AI systems, such as semantic search and scalable RAG systems.
- Jun 2024Seed$1.6M
#11
Acquired · Espoo, Uusimaa · founded 2010 · 15 employees$38.7Mraised▾
Provider of a platform and sensors for waste management optimization. The platform offers tools to collect and analyze data from waste containers. This enables better control of waste operations and improved recycling rates. The platform provides features such as service schedule optimization and fill level alerts. It also offers reporting and API access for data integration. The system includes tools for automated capacity planning and in-cab truck management.
- Sep 2017Series B$12M
- Aug 2016Conventional Debt$16.9M
- Jun 2016Grant (prize money)$2.5M
- Apr 2016Grant (prize money)$2.6M
#12
Series A · Espoo, Uusimaa · founded 2012 · 50 employees$23.7Mraised▾
Provider of reliable real-time indoor position tracking platform. It provides users with uses a technology based on the signal processing method, and advanced positioning algorithms. It also provides a method for determining location which requires only one tag for 2D positioning and two for 3D positioning and can achieve sub-cm level accuracy depending on the number of tags and the distance between them.
- Aug 2020Series A$23.7M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of High Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Semiconductors is moving in Finland
A read on the academic research around Semiconductors — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 145 Finland-affiliated papers.
- Aalto University34
- VTT Technical Research Centre of Finland31
- Tampere University29
- University of Oulu11
- University of Turku10
- Transistor1→4
- Integrated circuit2→4
- Transistor2→5
- Integrated circuit4→6
- Photonic integrated circuit2→4
- Laser3→4
- CMOS3
- Resistor2
- Integrated circuit2
- Thermal2
- Optoelectronics2
Where semiconductors 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
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.