Best Internet of Things Infrastructure Companies in Finland
The 40 best Internet of Things Infrastructure companies in Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Wirepas.
Our analysis of 50 Internet of Things Infrastructure companies
$10.3b in tracked funding; 83% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Internet of Things Infrastructure companies in Finland
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Wirepas Provider of wireless connectivity software for industrial and commercial IoT deployments | $75M | 34 mo ago | Series D | Mikko Kohvakka Co-Founder | 2010 | Reactstyled-componentsGatsby+15 | 221 patents Decentralized mesh networking protocols for scheduling, routing, and synchronization in IoT wireless systems | 3 job openings · 1 partnership |
| 2 | Haltian Provider of end-to-end IoT solutions for enterprises | $46M | 40 mo ago | Series C | — | 2012 | WordPress Site EditorWordPressApple iCloud Mail+30 | 46 patents Wireless power/data transfer and adaptive multichannel sensor networks for object detection. | 1 launch · 1 partnership |
| 3 | Treon Developer of IoT enabled wireless hardware devices for industrial applications | $7M | 4 mo ago | Series A | Pasi Hyttinen Co-Founder | 2016 | WordPress Block EditorElementorWordPress+34 | 12 patents Battery manufacturing, wireless device configuration, and inertial acceleration sensor technologies. | 1 expansion |
| 4 | Forciot Provider of IoT-based flexible pressure sensor components for multiple industries | $5M | 60 mo ago | Series B | Tytti Julkunen CBO & Chairman of the Board of Directors | 2015 | WordPressMySQLPHP+27 | 65 patents Flexible layered force/pressure sensors and associated measurement algorithms | — |
| 5 | Tosibox Provider of network and device security solutions for IoT applications | $3M | 59 mo ago | Series A | — | 2011 | HubSpot CMS HubEnvoyAmazon Web Services+22 | 76 patents Secure remote industrial IoT connectivity and rights‑granting for device control | 1 launch |
| 6 | Sensinode Develops and promotes open standards for small connected devices. | $1M | 187 mo ago | Acqui-Hired | Adam Gould ex-CEO | 2005 | — | 50 patents Patents concentrated in electrical & electronics | — |
| 7 | Bluegiga Provider of short-range wireless communication systems for IoT applications | $867K | 275 mo ago | Acquired | — | 2000 | — | 16 patents Short-range wireless communication modules and Bluetooth access point hardware. | — |
| 8 | BaseN Provider of a platform for digital twin and IoT solutions | $516K | 136 mo ago | Funding Raised | Pasi Hurri Founder & CEO | 2001 | WordPressMySQLPHP+32 | 19 patents Adaptive software migration and self‑determining runtime for heterogeneous IoT/edge devices | — |
| 9 | Connax eSim connectivity module for IoT devices | $160K | 109 mo ago | Seed | — | 2016 | — | — | — |
| 10 | HitSeed End-to-end solutions to enable local intelligence for connected devices | $117K | 135 mo ago | Funding Raised | Antti Hannula Co-Founder & Chairman | 2012 | — | — | — |
Top 12 Internet of Things Infrastructure companies in Finland
#1
Series A · Tampere, Pirkanmaa · founded 2016 · 61 employees$7Mraised▾
TREON is a Finnish startup that develops Internet of Things enabled wireless devices and hardware for applications in smart buildings, asset management, and in industrial settings. It offers a gateway device which is an edge computing hardware that can connect a mesh of sensor devices to any cloud platform. It also offers wireless nodes which are essentially battery-operated sensor devices that operate in a mesh network and can measure parameters like indoor environmental and air quality, the condition of rotating equipment, such as pumps, by measuring equipment vibration and surface temperature.
- Apr 2026Series A$7.9M
- Sep 2023Series A$5.9M
- May 2019Seed$1.1M
#2
Series D · Tampere, Pirkanmaa · founded 2010 · 73 employees$74.9Mraised▾
Provider of wireless connectivity software for industrial and commercial IoT deployments. This software offers infinitely scalable and ultra-reliable mesh networking solutions. The system is self-organizing, creating its own infrastructure to minimize total cost of ownership. It supports various node types, including low-latency, low-energy, mains-powered, and battery-powered devices. The technology is proven in millions of devices globally.
- Oct 2023Series D$22M
- Sep 2021Series B$11.8M
- Nov 2020Grant (prize money)$326.9K
- Nov 2019Series B$16.5M
#3
Series C · Oulu, North Ostrobothnia · founded 2012 · 145 employees$46.4Mraised▾
Provider of end-to-end IoT solutions for enterprises. It offers multiple sensors featuring 2G GPRS, Bluetooth, Wi-Fi, GPS, accelerometer, gyroscope, and magnetometer. Provides a platform known as Thingsee IoT devices platform for managing all the data points. The platform also offers data gathering, device maintenance and updates, and data connectivity management modules. Additionally, the company design and develops connected solutions, wireless devices, wearables, and cameras using their pre-integrated technology assets.
- Apr 2023Series C$24.2M
- Mar 2022Series B$7.3M
- Apr 2020Series B$9.8M
- Dec 2018Series A$5.1M
#4
Series B · Tampere, Pirkanmaa · founded 2015 · 19 employees$4.6Mraised▾
Provider of IoT-based flexible pressure sensor components for multiple industries. It develops IoT-based flexible pressure sensors that can be employed in wearable and industrial applications. Their sensors can be integrated to monitor parameters like force distribution, load balance, motion, among others. It has applications in shoes for athletic performance tracking, logistics and automotive to optimize load balancing and prevent fluttering of machine components, among others.
- Sep 2021Series B—
- Jan 2019Series A$4.6M
#5
Series A · Oulu, North Ostrobothnia · founded 2011 · 73 employees$2.6Mraised▾
Provider of network and device security solutions for IoT applications. It offers solutions for secure remote connection to the internet that allows the implementation of solutions for the Internet of Things. Its chief offering is an IoT ecosystem comprising of modular components including Lock 500, SoftKey, and Virtual Central Lock. Lock 500 is a connectivity device for users to manage their operations and to build new IoT solutions. SoftKey is a software that enables a secure connection between computers providing visibility and control over the network devices connected to the Lock 500. Virtual Central Lock turns the ecosystem into a controlled IoT network of always-on VPN connections for remote maintenance, continuous monitoring, real-time data collection, and data logging. The technology can also be integrated into OEM devices. The target market includes building automation, industrial automation, the security industry.
- Sep 2021Series A—
- Oct 2016Series A$2.6M
#6
Acqui-Hired · Oulu, North Ostrobothnia · founded 2005$1.4Mraised▾
Sensinode (Acquired by ARM) provides 6LowPAN (IPv6 for Low powered Personal Area Networks) based solutions, to create an internet with the smallest devices using radio networks and connect them to the internet.
- Jan 2011Series A$1.4M
#7
Acquired · Espoo, Uusimaa · founded 2000 · 30 employees$867Kraised▾
Provider of short-range wireless communication systems for IoT applications. It offers short-range wireless connectivity solutions including Bluetooth modules, Wi-Fi modules, and Bluetooth network access devices to OEMs and system integrators. IoT solutions for smart homes and beacon technology with a software stack and Bluetooth modules.
- Oct 2003Series A$867K
- May 2002Series A—
- Feb 2001Seed—
#8
Funding Raised · Helsinki, Uusimaa · founded 2001$516.4Kraised▾
Provider of a platform for digital twin and IoT solutions. The platform offers tools for managing data, monitoring networks, and optimizing industrial assets. It supports sectors including telecommunications, manufacturing, energy, and public infrastructure. The platform facilitates security monitoring, predictive maintenance, and resource optimization.
- May 2015Grant (prize money)$516.4K
#9
Seed · Helsinki, Uusimaa · founded 2016 · 9 employees$160Kraised▾
Connax provides consumer IoT connectivity solutions. Products include eSim (Embedded Subscriber Identity Module) connectivity module for IoT devices to connect with the cellular network. Claims to enable users with the ability to change provider profiles via OTG (Over The Air) and provides benefits like data management and subscription, switching network profiles, etc. Partners include Data Atelier, New Co. Helsinki, and others.
- Aug 2017Seed$159.8K
#10
Funding Raised · Espoo, Uusimaa · founded 2012 · 2 employees$117.3Kraised▾
HitSeed offers end-to-end hardware & software solutions to enable local intelligence for connected devices. Its platform SeedNode provides independent, battery-operated sensor computers. Features include Cell battery powered device with 1+ year battery life, with extendable battery packs to over 10+ years, Bluetooth low energy (BLE) radio and beacon functionality, easy extensibility via shields and scripts, ARM Cortex-M based microcontroller, software platform and programming tools, Onboard sensoring, Developer tools and libraries, and others.
- May 2015Grant (prize money)$54.9K
- Dec 2014Grant (prize money)$62.3K
#11
Funding Raised · Oulu, North Ostrobothnia · founded 2002 · 25 employees—raised▾
Capricode develops cybersecurity and mobile device management solutions for connected devices. It has developed a cybersecurity software named 'SyncShield' that features centralized management, monitoring, and remote updating services. Its secures connected cars and IoT devices from external threats and brings dynamic Over-the-Air functionalities. The company offers its SyncShield technology to automakers, device OEM’s, service providers, IoT platforms, integrators, enterprises, and technology partners.
- Mar 2019Grant (prize money)—
#12
Acquired · Oulu, North Ostrobothnia · founded 1988 · 177 employees—raised▾
JOT automation provides automated test and assembly solutions for smart devices. It claims to be a leader in automated production testing of wireless products. The company is a global partner for the industry giants manufacturing smart devices powered by all the major mobile operating systems. For touch screen performance testing it has G3 final tester capable of running all DUT tests automatically.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Internet of Things Infrastructure coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Internet of Things is moving in Finland
A read on the academic research around Internet of Things — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 249 Finland-affiliated papers.
- University of Oulu65
- Aalto University52
- Tampere University33
- Nokia21
- VTT Technical Research Centre of Finland20
- Computer security2→15
- Computer network1→14
- Scalability1→10
- Wireless sensor network4→11
- Key (lock)2→8
- Wireless1→16
- Key (lock)1→9
- Scalability1→8
- World Wide Web2→9
- Cloud computing2→6
- Key (lock)1→6
- Wireless1→4
- Computer security4→5
Where iot 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.