Best Wearable Technology Companies in Finland
The 65 best Wearable Technology companies in Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Oura.
- Electronic Wearable Market
- IoT Technology Growth and Security Trends This Year and Beyond
Our analysis of 50 Wearable Technology companies
$7.0b in tracked funding; 93% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Wearable Technology companies in Finland
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Oura 🦄 Developer of a smart ring for sleep, fitness, stress, and health | $148M | 8 mo ago | 500 | Petteri Lahtela Co-Founder | Cart FunctionalitySentryNoibu+38 | Top 50k | — | 2 launchs · 1 partnership |
| 2 | Varjo Provider of virtual reality headsets | $144M | 10 mo ago | 200 | Urho Konttori Co-Founder | WordPressMySQLPHP+27 | Top 5M | — | 1 partnership |
| 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 | Mendor Blood glucose monitoring device | $28M | 122 mo ago | 16 | — | — | — | 31 patents Blood glucose monitoring devices and calibrated test‑strip cartridge technologies | — |
| 5 | Beddit Sleep tracker | $8M | 141 mo ago | 6 | — | — | — | 12 patents Non‑invasive sleep monitoring and quality assessment using physiological sensor data. | — |
| 6 | Sooma Oy Non-invasive neuromodulation therapies | $7M | 27 mo ago | 22 | — | Cart FunctionalityShopifyShop Pay+28 | Top 5M | 32 patents Non-invasive and implantable transcranial brain stimulation devices and electrodes | — |
| 7 | 9Solutions Wearable for indoor positioning | $5M | 69 mo ago | 53 | Sami Herrala Deputy CEO and Chief Business Development Officer | WordPressApple iCloud MailGoogle Workspace+25 | Top 10M | 65 patents Indoor safety and positioning systems for personal monitoring and access control. | — |
| 8 | Nukute Provider of cloud-based smart devices to monitor sleep apnea | $5M | 64 mo ago | 24 | Tuukka Visuri Co-Founder | — | — | 3 patents Tracheal airflow monitoring sensors for respiratory diagnostics and ventilation control | — |
| 9 | QuietOn Wireless earplugs for noise cancellation | $5M | 74 mo ago | 13 | Janne Kyllönen Founder | WordPress Block EditorWordPress Site EditorWordPress+38 | Top 5M | — | — |
| 10 | Forciot Provider of IoT-based flexible pressure sensor components for multiple industries | $5M | 57 mo ago | 19 | Tytti Julkunen CBO & Chairman of the Board of Directors | WordPressMySQLPHP+27 | Top 50M | 65 patents Flexible layered force/pressure sensors and measurement methods for deformable devices | — |
| 11 | Doublepoint Gesture recognition technology using wristbands | $3M | 37 mo ago | — | Eemil Visakorpi Co-Founder | — | — | — | — |
| 12 | Enfucell Zinc based micro-battery developers | $3M | 216 mo ago | 40 | — | — | — | 58 patents Thin-film solid-state microbattery packs for compact electronic device integration | 1 launch |
| 13 | Everon GPS safety solutions and mobile telecare alarms | $3M | 119 mo ago | 24 | Markus Merne Founder & CEO | WordPressMySQLPHP+21 | Top 50M | 2 patents Telecommunications call signaling and message relay management systems | — |
| 14 | 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 |
| 15 | Tespack Solar Smartpacks | $3M | 25 mo ago | 17 | — | WordPressMySQLPHP+25 | Top 50M | 18 patents Portable modular solar power packs with integrated battery SOC monitoring for wearable devices | — |
| 16 | Precordior Provider of non-invasive cardiac motion monitoring app for patients | $2M | 72 mo ago | — | Juuso Blomster CEO | — | — | 152 patents Non‑invasive cardiac abnormality detection and jugular vein pressure monitoring devices | — |
| 17 | GlucoModicum Developer of needle-free glucose monitoring technology for personal health solutions | $1M | 52 mo ago | 37 | Johan Bobacka Co-Founder | WordPressApple iCloud MailMicrosoft 365+16 | Top 50M | 34 patents Continuous glucose monitoring and interstitial fluid biosensor technologies | — |
| 18 | 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 | — |
| 19 | 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. | — |
| 20 | Navigil Designs & manufacture tracking devices & solutions | $112K | 129 mo ago | 27 | — | — | — | 14 patents Integrated analog smartwatch hardware with telecom communication and display technologies | — |
Top 12 Wearable Technology companies in Finland
#1
Oura 🦄Series E · Oulu, North Ostrobothnia · founded 2013 · 500 employees$148Mraised▾
Developer of a smart ring for sleep, fitness, stress, and health. The ring collects personal health metrics and insights through biometric readings. It focuses on wellness, longevity, activity, fitness, heart health, women's health, and stress management. The device is designed for comfortable, continuous wear to provide data-driven health awareness.
- Oct 2025Series E$900M
- Sep 2025Conventional Debt$250M
- Dec 2024Series D$200M
- Nov 2024Series D$75M
#2
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.
- Aug 2025Series D$5.9M
- Sep 2023Grant (prize money)$386.3K
- Apr 2023Series D$3M
- Sep 2022Series D$40.7M
#3
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.
- Mar 2024Series B$5.5M
- Jun 2022Grant (prize money)$52.4K
- Jul 2020Grant (prize money)$1.8M
- Dec 2019Grant (prize money)$278.7K
#4
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—
#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.
- May 2024Grant (prize money)—
- 2018Grant (prize money)—
- Sep 2017Series A$2.4M
- Mar 2017Grant (prize money)$779
#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.
- May 2023Seed$3.3M
#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.
- Mar 2016Series C$1.2M
- Jul 2014Series C$8.8M
- Jan 2014Series C$6.4M
- Jun 2011Series B$11.7M
#8
Series A · Oulu, North Ostrobothnia · founded 2015 · 24 employees$4.9Mraised▾
Provider of cloud-based smart devices to monitor sleep apnea. It provides a sensor, accelerometer, pulse oximeter, and secured cloud-based application for screening and diagnosis of sleep apnea. The device can be used in clinics and home settings and also helps to measure airflow via tracheal sensor and SPO2. It can be used with a CPAP mask and detects the sleeping position.
- Feb 2021Series A$4.9M
- Nov 2017Grant (prize money)$2M
- Mar 2016Grant (prize money)$54.4K
#9
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
#10
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
#11
Seed · Kempele, North Ostrobothnia · founded 2015 · 13 employees$4.9Mraised▾
QuietOn is wireless ear plugs that combine active noise cancellation and acoustic noise attenuation to create silence. The noise cancellation is optimised to reduce noises that affect the sleep. These ear plugs fit perfectly in user's ears. The device can provide noise cancellation for 50 hours on a single charge. These ear plugs do not have any button and switch on automatically when removed from the charging or carrying case.Raised more than $890K on Indiegogo.
- Apr 2020Seed$4.9M
#12
Acquired · Espoo, Uusimaa · founded 2007 · 6 employees$8Mraised▾
Beddit is a thin smart sensor that users places under their bed sheet while sleeping. After waking up the user gets a report on their sleep quality, heart rate, breathing rhythm, movement, sleep stages, snoring, and the sleeping environment as well as noise level and light measured. Using the wellness coach, helps the user improve their sleep quality and health. Supports iOS and Android. Raised more than $500k on a goal of $80k with nearly 4000 backers on Indiegogo.
- Sep 2014Series A—
- Seed$500K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Wearable Technology coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Wearable Health Tech is moving in Finland
A read on the academic research around Wearable Health Tech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 29 Finland-affiliated papers.
- Helsinki University Hospital11
- University of Helsinki7
- Finnish Institute for Health and Welfare5
- University of Oulu4
- University of Turku3
- Continuous glucose monitoring4
- Diabetes mellitus3
- Benchmark (surveying)1
- License1
- Insulin1
- Continuous glucose monitoring3→7
- Diabetes mellitus5
- Type 1 diabetes4
- Glycemic2
- Pregnancy2
- Prediabetes1
Where wearable health 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.