Radar Companies Virtual Reality · Finland
Radar · Virtual Reality in Finland

Best Virtual Reality Companies in Finland

The 36 best Virtual Reality companies in Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Varjo.

36companies tracked
$164Mdisclosed funding
1unicorns
17have raised
Sources & further reading
  • Virtual reality market predicted to grow by $133 billion through 2027
FLIAR INTELLIGENCE · VIRTUAL REALITY × FINLAND

Our analysis of 50 Virtual Reality companies

$3.3b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2019.

50companies analysed
88%cloud-native stacks
2019funding peak (by rounds)
2unicorns
2015median founding year
2Mcombined LinkedIn audience
99%of audience held by top 3
1companies hiring publicly (12 mo)

Ranked: Best Virtual Reality companies in Finland

#CompanyLast roundDisclosed fundingEmployeesFounderTech stackWeb popularityPatents & IP focusRecent signals
15G Mokki
Provider of 3D, XR, and AI-assisted training and virtual workspace platform
Ngala Boris
Co-Founder
2ade
ADE´s toolbox to improve sales consist of our own software development and graphical services.
13
3Cloud4VR
Operator of a cloud-based platform intended to simplify and centralize the day-to-day operations of virtual…
48
4Direlight
Mobile game development studio
Tuomas Makynen
Co-Founder
Google CloudGoogle Font APIMailChimp+5Top 10M
5eSite
Provider of a virtual reality solution for construction applications
1,353WordPressMySQLPHP+21Top 50M
6Industrial VR
Developer of digital assets intended for use in virtual environments
7IndustrySim
Gamified industrial simulation platform
Tomas Rosin
Founder & CEO
8MelloVR
Virtual reality solution for relaxation
Matti Keskinen
Co-Founder

Top 12 Virtual Reality companies in Finland

#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 — 2.3% 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
Seed · Joensuu, North Karelia · founded 2018 · 10 employees
$455.6Kraised

SeeTrue Technologies develops customizable eye-tracking solutions based on sensors and computer vision approach. Helps users in control & prediction of next targets and to visualize information about interest & knowledge. Finds its application in medical, VR/AR/XR and user research solutions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Hardware Integration Engineer
Funding rounds
  • Apr 2024Grant (prize money)$296K
  • Sep 2023Grant (prize money)$403.8K
  • Sep 2022Seed$455.6K
  • Mar 2020Grant (prize money)$225K
Investors
North Karelia Growth Fund, Business Joensuu, Redstone, Health Incubator Helsinki, HHS
#3
Seed · Helsinki, Southern Finland · founded 2019 · 11 employees
$3.3Mraised

Developer of technology and devices designed to virtualize natural human movement. The company develops AI-driven, biometrics-based technology that allows highly accurate and responsive digital representation of human hands, with resolution and flow that enables accurate typing, rich gestures, playing musical instruments, and new tasks, providing the industries such as augmented and virtual computing platforms with creativity and interaction.

Investors
FOV Ventures, Superhero Capital, Superangel, Business Finland
Tech stack
CloudflareDocusaurusGoogle AnalyticsGoogle Tag ManagerGoogle WorkspaceOpen Graph
#4
Funding Raised · Helsinki, Uusimaa · founded 2015 · 21 employees
$2.6Mraised

Peili Vision provides a virtual reality-based platform for neurological rehabilitation. Uses data and gamification technologies for enabling therapists to create customized training environments for the rehabilitation requirements of patients. Features rehab planning & follow-up and remote rehabilitation solutions. Partners include Tays, HYKS Neuropsychology, Evantia and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 930 LinkedIn followers
Funding rounds
  • Jun 2022Grant (prize money)$2.6M
Founders & team
Jussi AuvinenCEO
Investors
EIC Fund, HealthTech Nordic, Nordic XR Startups
#5
Seed · Helsinki, Uusimaa · founded 2018 · 37 employees
$3.9Mraised

Developer of a VR/AR workspace for professional collaboration. It allows the users to organize on-demand design review meetings and hold user tests or collaborative sessions immediately when needed. The platform enables users to utilize their own 3D models or choose from the pre-built spaces and incorporates avatar technology for emphasizing the nonverbal communication aspect. The product has use cases in the areas of product and premise design, learning and development, and workshops. The company also provides an option of integrating the platform into custom AR/VR applications.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Nov 2019Seed$3.9M
  • Mar 2018Seed
Founders & team
Santtu ParikkaFounder
Investors
Maki, Reaktor, Bragiel Brothers, Businessfinland, Luvian Osuuspankki, Foobar
Tech stack
WordpressMysqlPhpDiviYoast Seo PremiumYoast Seo
#6
Series A · Oulu, North Ostrobothnia · founded 2013 · 29 employees
$2.4Mraised

Provider of AR/VR-enabled 3D visualization solutions. It offers a web-based solution for integrated building information models, 3D-models, project managers, contractors, field workers, and salespersons. It allows users to show and maintain measurements, rooms, surfaces, fixtures, doors, and windows which can then be shared on social media or through email.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Activity: 1 product launches · 2 partnerships · 2 awards (incl. HSB Bostad AB) announced in 12 mo
Funding rounds
  • Mar 2021Series A$2.4M
  • 2016Seed
Investors
Butterfly Ventures, AMAVI Capital, Vendep Capital, weXelerate
Tech stack
CdnjsCloudflareCore-JsGoogle AnalyticsGoogle Font ApiGoogle Hosted Libraries
#7
Funding Raised · Oulu, North Ostrobothnia · founded 2006
$399.7Kraised

Finwe provides a multi-platform solution for 360 and VR video presentation and experiences. The product which is known as the Orion360 engine provides 360/VR video playback or video experiences, video catalog apps and interactive 3D menus. Is compatible with smartphones, tablets, VR headsets, smart TVs, web browsers and on embedded computers in industrial machines. Supports video-on-demand and live streaming solutions. Clients include Nokia, Intel, Lexus, and Halton among many.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 220 LinkedIn followers
Funding rounds
  • Feb 2023Grant (prize money)$399.7K
Founders & team
Juha KelaCEO
Investors
Europa
#8
Acquired · Tampere, Pirkanmaa · founded 2005 · 272 employees
$4Mraised

Provider of testing systems for augmented, virtual, and mixed reality devices. The company offers automated solutions for image quality measurement and performance testing of waveguides and smart glasses. These systems address manufacturing and research and development needs. The offerings include instruments for waveguide characterization, cosmetic grading, and human-machine interface testing.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers · 29 engagements/post (4.9× cohort median)
Activity: 1 product launches announced in 12 mo
Funding rounds
  • May 2016Series A$4M
Investors
Vision+, Tesi
Tech stack
Apple Icloud MailCdnjsCloudflareCloudflare Bot ManagementCookiebotGoogle Analytics
#9
Seed · Vantaa, Uusimaa · founded 2012 · 12 employees
$2Mraised

Tridify transforms engineering 3D models into design, collaboration and marketing tools. Imports Open BIM IFC files and transforms them into visualisations accessible on web browsers, mobile devices, reality headsets and 3D ‘caves’. Has mobile app for iOS, Android and Windows devices. Tridify was previously known as Intelle Innovations.

Funding rounds
  • Nov 2014Seed$2M
Investors
Midinvest, Finnvera, Innovestor
#10
Seed · Turku, Varsinais-suomi · founded 2017 · 3 employees
$550Kraised

SurgeryVision is a virtual reality solution for surgeons. SurgeryVision is a virtual reality solution presenting patients' MRI and/or CT (DICOM) images as a virtual model. This stereoscopic 3D virtual model helps surgeons to make the planning of surgical procedures.

Funding rounds
  • Nov 2018Seed$550K
Founders & team
Pasi PorramoCEO
Investors
Superhero Capital
#11
Deadpooled · Helsinki, Uusimaa · founded 2013 · 13 employees
$377Kraised

Mindfield games is a virtual reality game development studio based in Finland. It has developed "Pollen", which is a first-person sci-fi mystery exploration video game. The game is available on Steam to download. It generates revenue through the paid games.

Funding rounds
  • Nov 2014Seed$377K
Founders & team
Olli SinermaProject Lead & Co-FounderVille KivistöCEO & Co-Founder
Investors
Lifeline Ventures, Inventure
Tech stack
WordpressMysqlPhpAstraRankmath SeoPriority Hints
#12
Deadpooled · Helsinki, Uusimaa · founded 2017 · 4 employees
$205Kraised

HipFire Games is an independent VR game development studio that specializes in developing co-op VR games. It has developed "Failspace", which is a multiplayer co-op VR game for PC devices. The game is available on Steam.

Funding rounds
  • Feb 2019Seed$205K
Investors
Sisu, Play Ventures, Techstars

Funding & investor landscape

$164Mtotal disclosed funding
14companies funded
28disclosed rounds
0rounds last 90 days
Most active investors
Europa4 rounds
Tesi4 rounds
EIC Fund3 rounds
Nordic XR Startups3 rounds
Sisu3 rounds
xEdu3 rounds
Bragiel Brothers2 rounds
Businessfinland2 rounds
Icebreaker2 rounds
Lifeline Ventures2 rounds

Notable founders

Urho Konttori
Co-Founder · Varjo
Timo Toikkanen
CEO · Varjo
Jussi Auvinen
CEO · Peili Vision
Santtu Parikka
Founder · Glue
Juha Kela
CEO · Finwe
Pasi Porramo
CEO · SurgeryVision
Olli Sinerma
Project Lead & Co-Founder · Mindfield Games
Ville Kivistö
CEO & Co-Founder · Mindfield Games
Paulina Tervo
Co-Founder & Co-CEO · Lyfta
Serdar Ferit
Co-Founder & Co-CEO · Lyfta
Robert Taylor
Co-Founder & CEO · SimLabIT
Keijo Haataja
Co-Founder · SimLabIT
Prism market signals · Finland · country-scoped Prism corpus, 227,413 docs

Market landscape — 10 sub-themes by coverage

Share of Virtual Reality coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Finland

How research on AR / VR / Metaverse is moving in Finland

A read on the academic research around AR / VR / Metaverse — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 348 Finland-affiliated papers.

research sentiment over time
201820222026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 41% → 51% across 2018–2026.
top research entities
  • Tampere University82
  • Aalto University61
  • University of Oulu47
  • University of Helsinki40
  • University of Turku27
leading researchers
Juho Hamari · Jonna Häkkilä · Nannan Xi · Roope Raisamo · Mehdi Bennis · Giulio Jacucci · Zhengya Gong · Mila Bujić
Breakthroughs59 · 17%
▲ 0%→17% share
1 median citations90% since 2021mostly methods-led
Breakthroughs are rising (0%→17% of field), led by Virtual reality.
rising sub-themes (early→recent)
  • Virtual reality2→36
  • Human–computer interaction1→24
  • Augmented reality1→10
  • Computer graphics (images)1→7
Newly emergingRendering (computer graphics) 0→5
Landmark Soil sampling with drones and augmented reality in precision agriculture · 236 cites
Advancements157 · 45%
▲ 0%→45% share
1 median citations87% since 2021mostly empirical
Advancements are rising (0%→45% of field), led by Virtual reality.
rising sub-themes (early→recent)
  • Virtual reality2→88
  • Human–computer interaction2→45
  • Augmented reality3→23
  • Context (archaeology)1→11
  • Multimedia1→8
Newly emergingCognition 0→9 · Training (meteorology) 0→8 · Educational technology 0→7
Landmark Toward Low-Latency and Ultra-Reliable Virtual Reality · 552 cites
Concerns77 · 22%
▲ 0%→21% share
1 median citations84% since 2021mostly empirical
Concerns are rising (0%→21% of field), led by Virtual reality.
rising sub-themes (early→recent)
  • Virtual reality2→35
  • Human–computer interaction2→23
  • Augmented reality6→9
  • Field (mathematics)1→4
  • Multimedia2→4
Newly emergingAvatar 0→5 · Embodied cognition 0→5 · Perception 0→5
Landmark Toward Interconnected Virtual Reality: Opportunities, Challenges, and Enablers · 566 cites
RESEARCH HOTSPOTS · Finland

Where ar vr 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.

Espoo89 · +0.42
Hot · Virtual realityAdvancing · Human–computer interactionOpportunity · PerceptionConcern · Task (project management)
Tampere84 · +0.28
Hot · Virtual realityAdvancing · Human–computer interactionOpportunity · PerceptionConcern · Avatar
Helsinki54 · +0.33
Hot · Virtual realityAdvancing · Educational technologyOpportunity · MultimediaConcern · Task (project management)
Oulu52 · +0.37
Hot · Rendering (computer graphics)Advancing · MetaverseOpportunity · Task (project management)Concern · Key (lock)
Turku37 · +0.23
Hot · Mixed realityAdvancing · Virtual realityOpportunity · EmpathyConcern · Human–computer interaction
Jyväskylä16 · +0.10
Hot · Human–computer interactionAdvancing · Virtual realityOpportunity · EmpathyConcern · Augmented reality
Joensuu15 · +0.47
Hot · Virtual realityAdvancing · Augmented realityOpportunity · Data collection
Lappeenranta11 · +0.38
Hot · Augmented realityAdvancing · MetaverseOpportunity · Virtual reality

Common questions

How many Virtual Reality companies are there in Finland?
Radar tracks 36 indexable Virtual Reality companies headquartered in Finland that meet our profile-completeness bar.
What is the total funding raised by Virtual Reality companies in Finland?
The Virtual Reality companies in Finland on this list have raised a combined $164M in disclosed equity funding across 14 funded companies.
Which is the highest-funded Virtual Reality company in Finland?
Varjo is the highest-funded Virtual Reality company in Finland, with $143.5M in disclosed equity funding.
How many Virtual Reality companies in Finland are funded?
14 of the 36 Virtual Reality companies in Finland on this list have disclosed at least one equity funding round.
How many Virtual Reality unicorns are there in Finland?
1 Virtual Reality company in Finland on this list is valued at $1B or more.
Who are the top investors in Finland Virtual Reality companies?
The most active investors in Finland Virtual Reality companies on this list include Europa, Tesi, EIC Fund, Nordic XR Startups, Sisu.
Rohit KhannaTrends & Stories

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.

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