Best IoT Applications Companies in Finland
The 61 best IoT Applications companies in Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Unikie.
Finland's IoT Applications sector doesn't move in headlines. It moves in funding rounds, and the 61 companies we track here have pulled in $64M in disclosed capital, ranked by equity raised and recent momentum. That's a modest pool by global standards, but the concentration tells you something real about where conviction sits.
Unikie leads at $14M, Zyfra sits just behind at $13M, and those two alone account for nearly half the directory's total disclosed funding. The remaining $37M spreads across 59 companies, which means most of this market is running lean. Median install growth across comparable application software categories is running at roughly +16% YoY, and as shown in 2017 research on IoT connectivity frameworks, deployment scale tends to compound once industrial integrations hit critical density. So the question isn't whether Finland has IoT ambition. It's whether the funding base can match the build pace. Tesi and Butterfly Ventures are the names showing up most consistently as backers, and coverage is broadening into drone electronics and audio rendering infrastructure. Not the sectors you'd expect. But that's where the filings are pointing.
Ranked: Best IoT Applications companies in Finland
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | a-lab oy A-Lab Oy is a company specializing in measurement and data collection technology and wireless sensor systems. | — | — | 45 | — | — | — | 5 patents Warehouse logistics: tracking storage unit locations and environmental conditions in warehouses | — |
| 2 | ADMARES Manufacturer of off-site, digitally-managed modular buildings for housing and hospitality | — | — | 13 | Mikael Hedberg Founder and CEO | WordPress Block EditorWordPressMySQL+15 | Top 10M | 18 patents Modular prefabricated construction systems, including floating building modules | 2 job openings · 1 launch · 2 partnerships |
| 3 | Arctic Positioning Systems Developer of a GPS-based outdoor asset tracking system | — | — | — | Miikka Kataja Co-Founder | — | — | — | — |
| 4 | Casambi Provider of smart lighting control solutions for wireless, wired, and hybrid | — | — | 95 | Timo Pakkala Co-Founder | WordPress Block EditorWordPressApple iCloud Mail+34 | Top 1M | 3 patents Wireless IoT lighting control systems using smart dimming and networked fixtures | — |
| 5 | Clouder Cloud-based building management platform | — | — | — | Tomi Grönlund CEO & Founder | Apple iCloud MailTailwind CSSAstro+5 | Top 50M | 4 patents Virtualized cable network provisioning and configuration for broadband service delivery | 1 job opening · 1 partnership |
| 6 | Comsel Provider of EV charging stations and smart metering solutions | — | — | — | Kristian Heimonen CEO | — | — | — | — |
| 7 | Condence Provider of IoT and cloud-based solutions for manufacturing industries | — | — | — | Janne Karttunen CEO | — | — | — | — |
| 8 | Creowave Provider of IoT-based asset management solutions | — | — | — | Jyrki Koski CEO | — | — | — | 1 launch |
Top 12 IoT Applications companies in Finland
#1
Funding Raised · Turku, Varsinais-suomi · founded 2018 · 16 employees$830.8Kraised▾
Developer of artificial intelligence solutions for maritime logistics and operations. The company provides analytics, machine learning, and optimization solutions designed for maritime businesses. It offers tools for port call planning, resource scheduling, and situational awareness. The company also develops systems for monitoring and managing emissions in freight transport.
- Jan 2023Grant (prize money)$266.6K
- Oct 2020Grant (prize money)$564.2K
#2
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.
- Jan 2021Series B$13.4M
#3
Series A · Tampere, Pirkanmaa · founded 2015 · 427 employees$14.2Mraised▾
Provider of software engineering and automated marshalling solutions for various industries. Specialized in physical AI, the company real-time intelligence and autonomous capabilities into vehicles, devices, networks, defence systems, and industrial solutions. It offers services in areas such as embedded software, AI, and cybersecurity. The company provides solutions for automated vehicle movements within plants, depots, and logistics environments.
- Nov 2020Series A$14.2M
#4
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.
- Jun 2020Grant (prize money)$56.2K
- Jan 2019Grant (prize money)—
- Jan 2019Series A$3.3M
- Oct 2018Grant (prize money)$1.6M
#5
Acquired · Oulu, North Ostrobothnia · founded 2009 · 53 employees$5.5Mraised▾
9Solutions is a Finnish provider of indoor positioning and communication platforms aimed at improving the safety and productivity of user. Their product comes with 3 remotely programmable buttons and non movement and man down alert alarms thus finding usage in industries such as health care and logistics. 9Solutions was also adjudged winner of the management and hospital M&K Award 2015
- Sep 2020PE$3.6M
- Oct 2019PE$1.9M
#6
Series A · Jyvaskyla, Central Finland · founded 2017 · 37 employees$4.9Mraised▾
Logmore provides data logging and visibility solutions for the logistics industry. The solution consists of web-based software & app to generate & validate QR codes, QR tags, and sensors. The smart dynamic QR code changes automatically based on physical parameters. Users to further scan the QR code to receive visibility on physical parameters (such as location, temperature, humidity, light, etc).
- Apr 2020Series A$4.9M
- Seed—
#7
Acquired · Joensuu, North Karelia · founded 2001 · 20 employees$6.8Mraised▾
Provider of HSEQ software solutions for safety management and condition monitoring. The company delivers digital product safety, temperature and condition monitoring, and task and document management. It offers features such as a dashboard and mobile application, real-time condition monitoring, and audit and reporting tools. The company's solutions support food, healthcare, retail, and public service industries.
- Jun 2019Series A$6.8M
#8
Seed · Espoo, Uusimaa · founded 2017 · 6 employees$1.4Mraised▾
Popit has designed a smart connected device, "Popit Sense" that helps patients adhere to medications. The device can be attached directly to a pill sheet. The device then automatically detects pill taking and transmits the data to the mobile application. The application sends alerts only when the user missed a medication. The mobile application enables the user to track pill consumption habits.
- 2020Grant (prize money)—
- Aug 2017Seed$1.4M
#9
Public · Espoo, Uusimaa · founded 2013$4.4Mraised▾
Room level optimization for temperature. They install room sensors for each room and a controlling device for each heating element. The system takes into account the outside temperature and the price of electricity as well and also shows heat leaks on their dashboard. Users can monitor the temperature settings, energy saved, and leaks through their SaaS product.
- May 2017Series A$4.4M
- May 2015Seed—
#10
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.
- Jan 2018Seed$1.5M
- Feb 2016Grant (prize money)$20K
#11
Acquired · Turku, Varsinais-suomi · founded 2010 · 14 employees$4Mraised▾
Walkbase provides cloud-based in-store analytics and marketing solutions for offline retailers. Its retail analytics platform allows retailers to measure the impact of marketing on footfall, understand customer behavior in-store, improve store operations and enable personalized mobile applications via a real-time API. The Walkbase system monitors WiFi-enabled mobile phones and uses positioning algorithms to estimate the location of these in indoor spaces. Its solution utilizes BLE beacons and WiFi techniques. Clients include TopShop, Ted Baker London, Dune, BMW, Helsinki Airport, Morrisons, and more.
- Nov 2013Series A$4M
#12
Seed · Turku, Varsinais-suomi · founded 2014 · 11 employees$1.3Mraised▾
Noccela provides cloud-based software solutions for security management of offline retail stores. The company provides tags that can be fastened with the products. These tags can be monitored on a cloud-based platform which can detect the location of objects and customers within the retail stores. Its mobile application is able to detect and provides alert for even advanced tricks used by shoplifters including wire cutting, magnetic detachers and foils.
- Dec 2016Seed$1.3M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of IoT Applications coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
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.