Fund profile / Finland

Voima Ventures Fund III

Geography
Finland
Stage
Seed
Fund size
€100M
Focus
AI/ML
Signals
Published
Share
N°01 / About

About Voima Ventures Fund III

Voima Ventures Fund III is a venture capital firm based in Finland, focusing on Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionFinland
Funding StageSeed
Industry Focus
AI/ML

Investor Signals Profile

active

Sweet Spot

Deep tech founder solving circular biomaterial/chem scaling

biotech
deep tech
biomanufacturing
life sciences
hardware+software
quantum computing
enabling tech
biomaterials
circular economy
AI/superintelligence
regenerative medicine
stem cells

Bullish Signals

Portfolio co ArgusEye raised €3.3M follow-onexternal
Portfolio backed by EIC €6.25M blended financeexternal
Co-invests with Eir Ventures, Impiloexternal
€200M AUM across 3 fundslinkedin
40 portfolio cos, €786M raisedlinkedin
7 exits in 7 yearslinkedin
€185M portfolio revenue generatedlinkedin
900+ FTEs, 34% non-male — diverse portfoliolinkedin
7-year track record, still deployinglinkedin
People, planet, industry — triple impact focuslinkedin
SemiQon quantum hardware portfolio validationlinkedin
Expanding into quantum enabling tech sectorexternal
Origin by Ocean — biomaterial winner portfolio colinkedin
Biotech replacing fossil feedstock — €500B+ marketexternal
Farang FX2 hits #1 on TS Arena benchmarklinkedin
AI superintelligence portfolio co outperforms GAFAMlinkedin
StemSight: regenerative med, 10yr R&D foundationlinkedin
StemSight patent granted Singapore, allowances Japan Canadalinkedin
StemSight targets €12.7M corneal blindness market gaplinkedin
StemSight human trials 2028, manufacturing scaling nowlinkedin

Contrarian Signals

Heavy biotech focus — niche deal flowexternal
Adding quantum & AI — dilutes core thesisexternal
Deep tech scaling slow & capital-intensiveexternal

Founder Do's

Build real-time data/monitoring platforms
Target biopharma/biomanufacturing sector
Show clear cost/quality improvement metrics
Leverage EIC or blended finance
Have strong technical + commercial roadmap
Focus on enabling tech/infrastructure scaling
Design end-to-end circular value chain
Build brand & supply chain moat
Develop benchmarked AI/model performance metrics
Patient decade-long R&D before commercialization

Founder Don'ts

Avoid pure software plays in biotech
Don't skip regulatory/quality angle
No consumer-facing biotech

45 signals on Voima Ventures Fund III

20 bullish · 3 contrarian · 10 pitch do's · 3 don'ts · 9 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€100M
Saves0
People

Key People

Nka Mero

Inka MeroPartner
Jussi SainiemiPartner
Pontus StråhlmanPartner
Jenny EngerfeltTeam
Niko ElersTeam
Stina WallmarkTeam
Jonas WokilTeam
Kaj MildhTeam
Linda H.Team
Backers

Known LPs

SaminvestFund-of-Funds
N°04 / See also

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