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Radar · Internet of Things - Industry Applications in Helsinki

Best Internet of Things - Industry Applications Companies in Helsinki, Finland

The 47 best Internet of Things - Industry Applications companies in Helsinki, Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Varjo.

47companies tracked
$325.9Mdisclosed funding
0unicorns
20have raised
FLIAR INTELLIGENCE · INTERNET OF THINGS - INDUSTRY APPLICATIONS × HELSINKI

Our analysis of 184 Internet of Things - Industry Applications companies

$13.9b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

184companies analysed
91%cloud-native stacks
2025funding peak (by rounds)
11unicorns
2016median founding year
715kcombined LinkedIn audience
94%of audience held by top 3
3companies hiring publicly (12 mo)

Ranked: Best Internet of Things - Industry Applications companies in Helsinki

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityPatents & IP focusRecent signals
1Ainone
AI-based platform to analyze condition of human stage
———Matti Vartiainen
CEO
————
2Alveos Labs
Developer of wearable device that tracks and analyzes breathing patterns
———Lisa Haxel
Co-Founder
Framer SitesYouTubeReact+10Top 50M——
3Anaxeos
Provider of smart health and wellness tracking solution for dogs
———Toni Koutu
Founder
————
4Aquamatrix
Cloud-connected water meter provider
———Matti Leppaniemi
CEO
————
5Arctic Positioning Systems
Developer of a GPS-based outdoor asset tracking system
———Miikka Kataja
Co-Founder
————
6Beat2Phone
Wearable electrocardiogram device
———Veli Heikki Saari
CEO
————
7Clouder
Cloud-based building management platform
———Tomi Grönlund
CEO & Founder
Apple iCloud MailTailwind CSSAstro+5Top 50M4 patents
Virtualized cable network configuration and management for broadband service provisioning
1 partnership
8Conveqs
AI-driven traffic management solution
———Kari Koskinen
CEO
————

Top 12 Internet of Things - Industry Applications companies in Helsinki

#1
Series D · Helsinki, Uusimaa · founded 2016 · 200 employees
$143.5Mraised
▾

Provider of virtual reality headsets. It enables users to experience virtual and augmented reality content and train, create and learn in superimposed or virtual environments. It caters to simulation, architecture, 3D model designing, medical, and other applications.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 46k LinkedIn followers — 6.5% of this cohort's audience
Activity: 1 partnerships (incl. Invelon) announced in 12 mo
Funding rounds
  • Aug 2025Series D$5.9M
  • Sep 2023Grant (prize money)$386.3K
  • Apr 2023Series D$3M
  • Sep 2022Series D$40.7M
Founders & team
Urho KonttoriCo-FounderTimo ToikkanenCEO
Investors
Volvo Cars, Businessfinland, Atomico, Lifeline Ventures, Tesi, Mirabaud
Tech stack
Amazon Web ServicesApple Icloud MailAws Certificate ManagerCart FunctionalityCloudflareCloudflare Bot Management
#2
Series A · Helsinki, Uusimaa · founded 2013 · 12 employees
$2.1Mraised
▾

CHAOS provides an AI-based platform for urban development. The platform offered by the company provides a solution for concept development & crowd insight, portfolio management, and making investment & disinvestment decision. It provides insights and forecasts to support projects related to urbanization, sustainability, livability, and property management.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Founders & team
Jorge UriasCo-FounderNatalia RinconCo-Founder & CEO
Investors
Nidoco, Finnvera, New Factory, Winterbackwoods
Tech stack
Apache Http ServerBootstrapCloudflareCloudflare Bot ManagementElementorGodaddy
#3
Series D · Helsinki, Uusimaa · founded 2013 · 200 employees
$107.9Mraised
▾

Provider of electric vehicle charging solutions and related energy services. The company offers a platform for managing charging networks. It provides options for standard and modular charging solutions. The company also offers services for businesses, charge point operators, and installers. Resources include customer stories, guides, and a knowledge base.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 16k LinkedIn followers — 2.2% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Senior Software Engineer — Pricing & Finance Services, Senior Software Engineer, iOS & Android
Activity: 1 product launches · 1 partnerships · 1 expansions (incl. Faast) announced in 12 mo
Funding rounds
  • Apr 2023Series D$71.9M
  • Apr 2023Grant (prize money)$22.1M
  • Apr 2021Series C$36M
  • Apr 2020Series A—
Founders & team
Christian GirardeauCEOJussi PalolaCEO
Investors
ENEOS Group, Jolt Capital, Vertex Growth, Tesi, E.ON, Helen Ventures
Tech stack
AhrefsAlpine.JsAmazon CloudfrontAmazon S3Amazon Web ServicesApollo
#4
Series B · Helsinki, Uusimaa · founded 2013 · 22 employees
$6.6Mraised
▾

Sooma Oy is developing a non-invasive brain stimulation device, a treatment option for major neurological and psychiatric disorders. Initial product tDCS targets major depressive disorder and is CE Marked.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
  • Mar 2024Series B$5.5M
  • Jun 2022Grant (prize money)$52.4K
  • Jul 2020Grant (prize money)$1.8M
  • Dec 2019Grant (prize money)$278.7K
Investors
Voima Ventures, VERGE, Stephen Industries, EIC Fund, Innovestor, Businessfinland
Tech stack
Amazon S3Amazon Web ServicesAnimate.CssApple PayCart FunctionalityCdnjs
#5
Series A · Helsinki, Uusimaa · founded 2013 · 17 employees
$2.6Mraised
▾

Tespack develops solar smartpacks which can be used to charge all kinds of electronic devices - laptops, mobiles etc. It has made a range of bags for different kind of environments- like office, adventure sports, leisure.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 1 partnerships (incl. Nefco - the Nordic Green Bank, and EEP Africa) announced in 12 mo
Funding rounds
  • May 2024Grant (prize money)—
  • 2018Grant (prize money)—
  • Sep 2017Series A$2.4M
  • Mar 2017Grant (prize money)$779
Investors
K-Startup Grand Challenge, MassChallenge, Arkley, Valtioneuvosto, Europa, Startupbootcamp
Tech stack
WordpressMysqlPhpApache Http Server
#6
Acquired · Helsinki, Uusimaa · founded 2020
$3.3Mraised
▾

Gesture recognition technology using wristbands. It develops a connected technology that captures vibrations that occur when someone touches something. It helps to integrate gesture recognition into consumer electronics gear and other hardware. It is compatible with Android and iOS platforms.

Funding rounds
  • May 2023Seed$3.3M
Founders & team
Eemil VisakorpiCo-FounderOhto PentikainenCo-Founder & CEOLauri TuominenCo-Founder
Investors
FOV Ventures, Superhero Capital, Superangel, Finpro
#7
Acqui-Hired · Helsinki, Uusimaa · founded 2006 · 16 employees
$28.1Mraised
▾

Mendor is a startup which has designed, developed and commercializes glucose monitoring system. Offers the Discreet blood-glucose meter and Balance online software. Discreet is described as an all-in-one blood-glucose monitoring system, while Balance is a cloud-based data-analysis platform that allows users to store and share individual data on glucose-levels. Integrates all - blood glucose meter, test strips and a lancing pen into one device.

Funding rounds
  • Mar 2016Series C$1.2M
  • Jul 2014Series C$8.8M
  • Jan 2014Series C$6.4M
  • Jun 2011Series B$11.7M
Investors
IPF Partners, Life Sciences Partners, Tesi, Finnvera, EQT, i-SENS
#8
Series B · Helsinki, Uusimaa · founded 2017 · 272 employees
$13.4Mraised
▾

Zyfra provides robots, AI, and IIoT based solutions for mining industries. Product offerings include 'MDCplus' an industrial machine monitoring and production data collection system, geonaft, artificial lift, heat treatment, DSS and BI solution for heat treatment and pipe protection, 'Zyfra open mine' for mine fleet management, zyfra underground, 'Zyfra precision drill' an automated drill rig management system, and more.

Funding rounds
  • Jan 2021Series B$13.4M
Investors
VEB Ventures, Aii Corporation
Tech stack
Element UiGoogle AnalyticsNode.JsNuxt.JsOpen GraphVk Pixel
#9
Series A · Helsinki, Uusimaa · founded 2012 · 15 employees
$4.1Mraised
▾

720 Degrees is a cloud-based solution for monitoring the indoor environmental quality such as air quality, temperature, noise pollution, of smart infrastructures. Uses machine learning to automatically detect material emission, low relative humidity, recurring odors, rapid fluctuations in temperature and more. It collects & analyses data and then sends messages with suggestions to facility stakeholders on the required changes. Has clientele within Finland such as GE Healthcare, IBM, Nokia, Danske Bank, Stora Enso, DNA, YIT, and more. The company was awarded the Best IoT Startup in Nordics and is partnered with Tieto.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
  • Jun 2020Grant (prize money)$56.2K
  • Jan 2019Grant (prize money)—
  • Jan 2019Series A$3.3M
  • Oct 2018Grant (prize money)$1.6M
Investors
Europa, J&T Ventures, PI LABS, Businessfinland, EIC Fund
#10
Acquired · Helsinki, Uusimaa · founded 2009 · 86 employees
$9.5Mraised
▾

Rightware provides graphical user interface solutions for automotive and other embedded industries. It offers Kanzi to solve the implementation and differentiation problems of 3D user interfaces and enable UI designers and engineers to focus on the creation, testing, and deployment of 3D user interfaces.

Funding rounds
  • May 2013Series B$5.2M
  • Jan 2010Series A$4.3M
Investors
Nexit Ventures, Tesi, Inventure
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementCookiebotCore-JsGoogle Analytics
#11
Seed · Helsinki, Uusimaa · founded 2018 · 37 employees
$1.4Mraised
▾

Developer of needle-free glucose monitoring technology for personal health solutions. The company focuses on creating precise and accessible methods for monitoring health. It offers a non-invasive, wearable glucose monitor. The business combines research, engineering, and industrial development to deliver monitoring at scale.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Algorithm Developer
Activity: 1 product launches · 1 partnerships (incl. Mpac Lambert) announced in 12 mo
Funding rounds
  • Feb 2022Grant (prize money)$2.8M
  • 2021Grant (prize money)$56.6K
  • Sep 2018Seed$1.4M
Founders & team
Johan BobackaCo-FounderZhanna BoevaCo-FounderAlejandro PerezChief Technology Officer & Co-Founder
Investors
Åbo Akademi University, University of Helsinki, EIC Fund, Europa, Proxy Ventures
#12
Seed · Helsinki, Uusimaa · founded 2016 · 15 employees
$1.5Mraised
▾

Wireless temperature monitoring and data analysis solutions. It offers an integrated hardware and software solution for haystack monitoring that monitors hay, compost, grain, and fermentable materials during storage. It leverages sensors to capture the temperature and moisture data that can be viewed by the farm owner through a web interface.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Funding rounds
  • Jan 2018Seed$1.5M
  • Feb 2016Grant (prize money)$20K
Founders & team
Nadine PesonenFounder
Investors
Runar Backstromin Saatio, Demeter, Voima Ventures, EIC Fund
Tech stack
AosAzureCart FunctionalityCloudflareCore-JsFacebook Pixel

Funding & investor landscape

$325.9Mtotal disclosed funding
15companies funded
44disclosed rounds
0rounds last 90 days
Most active investors
Europa8 rounds
EIC Fund5 rounds
Businessfinland4 rounds
Lifeline Ventures4 rounds
Tesi4 rounds
ClimateLaunchpad2 rounds
EQT2 rounds
Finnvera2 rounds
Finpro2 rounds
Frontier Nordic2 rounds

Notable founders

Urho Konttori
Co-Founder · Varjo
Timo Toikkanen
CEO · Varjo
Jorge Urias
Co-Founder · CHAOS
Natalia Rincon
Co-Founder & CEO · CHAOS
Christian Girardeau
CEO · Virta
Jussi Palola
CEO · Virta
Eemil Visakorpi
Co-Founder · Doublepoint
Ohto Pentikainen
Co-Founder & CEO · Doublepoint
Johan Bobacka
Co-Founder · GlucoModicum
Zhanna Boeva
Co-Founder · GlucoModicum
Nadine Pesonen
Founder · Quanturi
Pasi Hurri
Founder & CEO · BaseN
Prism market signals · Finland · country-scoped Prism corpus, 269,880 docs

Market landscape — 10 sub-themes by coverage

Share of Internet of Things - Industry Applications coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH FROM Helsinki · institutions

What Helsinki researches in iot

22 papersstance +0.4438% breakthrough24% concern
breakthrough · advancement · concern
local research themes
IoT and Edge/Fog ComputingAir Quality Monitoring and ForecastingInternet Traffic Analysis and Secure E-votingAir Quality and Health ImpactsNetwork Security and Intrusion DetectionPrivacy-Preserving Technologies in Data
top institutions
  • University of Helsinki18
  • Helsinki Institute of Physics3
  • Helsinki Institute for Information Technology2
  • City of Helsinki1

Common questions

How many Internet of Things - Industry Applications companies are there in Helsinki, Finland?
Radar tracks 47 indexable Internet of Things - Industry Applications companies headquartered in Helsinki, Finland that meet our profile-completeness bar.
What is the total funding raised by Internet of Things - Industry Applications companies in Helsinki, Finland?
The Internet of Things - Industry Applications companies in Helsinki, Finland on this list have raised a combined $325.9M in disclosed equity funding across 15 funded companies.
Which is the highest-funded Internet of Things - Industry Applications company in Helsinki, Finland?
Varjo is the highest-funded Internet of Things - Industry Applications company in Helsinki, Finland, with $143.5M in disclosed equity funding.
How many Internet of Things - Industry Applications companies in Helsinki, Finland are funded?
15 of the 47 Internet of Things - Industry Applications companies in Helsinki, Finland on this list have disclosed at least one equity funding round.
How many Internet of Things - Industry Applications unicorns are there in Helsinki, Finland?
None of the Internet of Things - Industry Applications companies in Helsinki, Finland on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Helsinki, Finland Internet of Things - Industry Applications companies?
The most active investors in Helsinki, Finland Internet of Things - Industry Applications companies on this list include Europa, EIC Fund, Businessfinland, Lifeline Ventures, Tesi.
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