Supporting +100 teams from Idea to Seed and beyond since 2017

We invest up to 1.5M€ first tickets in Estonia, Finland and Sweden.

Accurator x HVD Group

Roadcloud × Goodyear

Klaus × Zendesk

Creandum, Global Founders Capital, Acton, Zendesk

Lumoa × Netigate

Oterlu x Reddit

Sense Of Space x HTC

eBrands $30M Series A

Varma Pension Fund, Rettig Group and Veikko Laine Oy

Hoxhunt $40M Series B

Level Equity, Dawn Capital, Risto Siilasmaa

Aibidia 13M€ Series A

DN Capital, FPV Ventures, Global Founders Capital

Tesseract $25M Series A

Augmentum Fintech, Sapphire Ventures, Blackfin Capital Partners

Fixably $10M Series A

Cusp Capital, 468 Capital

IPRally 10M Series A

Endeit, Join, Spintop

Whippy x Typelane

Workfellow x Process Maker

Flowhaven $16M Series A

Sapphire Sport, Global Founders Capital

Cachet 5.5M€ Series Seed

Truffle Capital, UNIQA Ventures

Valpas 1.6M€ Pre-Seed

ActivumSG Ventures, TESI, Realty Corporation, Maki.vc

Zymego 2.4M€ Seed

Finnadvance 1.2M€ Pre-Seed

Athensmed, Voima Ventures

Reorbit $7.4M Series A

Inventure, Expansion, YES vc

MVision 5.4M€ Series A

J12 Ventures, Voima Ventures

Alvin €4.1M Series A

Project A Ventures

Helppy 3M€ Seed

Alliance Ventures, Johannes Schildt/Kry, Elias Aalto/Wolt

Sellforte 4M€ Series Seed

Sonae Bonnier Ventures

Logmore 4.5M€ Series A

NordicNinja VC, Trind Ventures, Tekton Ventures

Scrintal 1M€ Pre-Seed

More about our portfolio

Our team of Partners is with you throughout the Idea Stage and beyond.

Lasse Lehtinen

General Partner

Aleksi Partanen

General Partner

Riku Seppälä

General Partner

Icebreaker Fund II is supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.