146 Top startups in Espoo for January 2025

We rank MariaDB, Enfuce and ICEYE in Espoo along with 143 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Espoo is part of Helsinki which ranks #47 globally and #8 in Western Europe.

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Best Startups in Espoo for 2025

SB Score:606

MariaDB liberates companies from expensive, restrictive, and complicated proprietary databases. It provides a cost-effective and user-friendly solution for businesses looking to simplify their database management.

Industry:
Software & Data
Subindustry:
Data Analytics

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SB Score:552

Enfuce provides payment, open banking, and sustainability solutions for banks, fintechs, and merchants. Their services help clients optimize operations and enhance customer experience.

Industry:
Fintech
Subindustry:
Online Banking

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SB Score:543

ICEYE provides commercial access to timely and reliable Earth observation data. The ICEYE SAR Satellite Constellation is capable of imaging any location on Earth every three hours, day and night, regardless of cloud cover. ICEYE empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. The company is tackling this crucial lack of actionable information with world-first aerospace capabilities and a New Space approach. ICEYE’s radar satellite imaging service, with coverage of selected areas every few hours, both day and night, helps clients resolve challenges in sectors such as maritime, disaster management, insurance, finance, security and intelligence. ICEYE is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.

Industry:
Software & Data
Subindustry:
Software and Data-Other

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SB Score:543

Fiksuruoka.fi offers discounted surplus groceries online, reducing food waste. Shop at www.fiksuruoka.fi for high discounts and help minimize food waste.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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SB Score:513

Zervants simplifies small business management with online invoicing and time tracking. Easily track work on-the-go or on the web to send quick invoices to clients. Manage tasks efficiently and get paid faster with Zervants.

Industry:
Software & Data
Subindustry:
Apps

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6th

IQM
SB Score:510

IQM specializes in creating scalable hardware for universal quantum computers, with a focus on superconducting technology. Their innovative solutions enable the development of powerful quantum computing systems.

Industry:
Hardware & IoT
Subindustry:
Hardware

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SB Score:503

Introducing a top-tier Security Engagement Platform that empowers users to protect their data with cutting-edge technology. Join the global leader in security solutions for a seamless experience in safeguarding your digital assets.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

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SB Score:466

Medixine empowers patients to take control of their health through connected care. Engage in your own care with the next wave of innovative technology.

Industry:
Healthtech
Subindustry:
Health Care

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SB Score:447

Fixably is a Finnish SaaS company that empowers technicians and repair shops to streamline their operations. Their platform enhances efficiency and productivity, making it easier for businesses to manage repairs effectively.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:411

Infinited Fiber Company is revolutionizing the fashion industry by creating sustainable, circular textiles. Their mission is to make eco-friendly fashion the norm, reducing waste and protecting the environment.

Industry:
Healthtech
Subindustry:
Biotechnology

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11th

Enevo
SB Score:410

Enevo is a visionary company revolutionizing waste management to improve financial, environmental, and social outcomes.

Industry:
Energy & Environment
Subindustry:
Cleantech

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Total amount:146

Top 57 Software & Data Startups in Espoo for 2025

The top three Software & Data startups in Espoo have raised more than USD 683M. Espoo is part of Helsinki which ranks #39 globally for the Software & Data industry.
SB Score:606

MariaDB liberates companies from expensive, restrictive, and complicated proprietary databases. It provides a cost-effective and user-friendly solution for businesses looking to simplify their database management.

Industry:
Software & Data
Subindustry:
Data Analytics

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SB Score:543

ICEYE provides commercial access to timely and reliable Earth observation data. The ICEYE SAR Satellite Constellation is capable of imaging any location on Earth every three hours, day and night, regardless of cloud cover. ICEYE empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. The company is tackling this crucial lack of actionable information with world-first aerospace capabilities and a New Space approach. ICEYE’s radar satellite imaging service, with coverage of selected areas every few hours, both day and night, helps clients resolve challenges in sectors such as maritime, disaster management, insurance, finance, security and intelligence. ICEYE is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.

Industry:
Software & Data
Subindustry:
Software and Data-Other

National Rank (Finland)

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Regional Rank (Western Europe)

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SB Score:513

Zervants simplifies small business management with online invoicing and time tracking. Easily track work on-the-go or on the web to send quick invoices to clients. Manage tasks efficiently and get paid faster with Zervants.

Industry:
Software & Data
Subindustry:
Apps

National Rank (Finland)

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Regional Rank (Western Europe)

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Total amount:57

Top 23 Hardware & IoT Startups in Espoo for 2025

The top three Hardware & IoT startups in Espoo have raised more than USD 281M. Espoo is part of Helsinki which ranks #30 globally for the Hardware & IoT industry.

1st

IQM
SB Score:510

IQM specializes in creating scalable hardware for universal quantum computers, with a focus on superconducting technology. Their innovative solutions enable the development of powerful quantum computing systems.

Industry:
Hardware & IoT
Subindustry:
Hardware

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SB Score:358

Paptic creates eco-friendly products using renewable wood-based materials. Their innovative approach revolutionizes sustainability in manufacturing, offering recyclable solutions for a greener future.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

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SB Score:344

Hyperion Robotics provides advanced automation and additive manufacturing solutions for infrastructure projects and commercial applications. Their innovative reinforced concrete structures offer durability and reliability, making them an excellent choice for a variety of construction tasks.

Industry:
Hardware & IoT
Subindustry:
Hardware

National Rank (Finland)

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Total amount:23

Top 5 Social & Leisure Startups in Espoo for 2025

The top three Social & Leisure startups in Espoo have raised more than USD 2.27M. Espoo is part of Helsinki which ranks #37 globally for the Social & Leisure industry.
SB Score:289

Cabforce revolutionizes European taxi booking with upfront pricing, certified drivers, and easy online booking. Avoid surprises with all-inclusive rates on their website, iPhone app, or through travel partners. Travel confidently with Cabforce's reliable network of taxi providers across Europe.

Industry:
Social & Leisure
Subindustry:
Travel

National Rank (Finland)

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SB Score:232

Visualizer empowers businesses to create and maintain a strong visual brand identity, ensuring a cohesive sales message across all channels. Streamline your branding efforts with ease and consistency.

Industry:
Social & Leisure
Subindustry:
Travel

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SB Score:29

Revolutionizing hardware product development, this startup offers accessible solutions for all. They empower individuals to create the future with ease.

Industry:
Social & Leisure
Subindustry:
Entertainment

National Rank (Finland)

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Total amount:5

Most Funded Startups in Espoo for 2025

The top three most funded startups in Espoo have raised total funding of more than USD 834M. ICEYE has 0.74% more funding than MariaDB.
SB Score:543

ICEYE provides commercial access to timely and reliable Earth observation data. The ICEYE SAR Satellite Constellation is capable of imaging any location on Earth every three hours, day and night, regardless of cloud cover. ICEYE empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. The company is tackling this crucial lack of actionable information with world-first aerospace capabilities and a New Space approach. ICEYE’s radar satellite imaging service, with coverage of selected areas every few hours, both day and night, helps clients resolve challenges in sectors such as maritime, disaster management, insurance, finance, security and intelligence. ICEYE is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.

Industry:
Software & Data
Subindustry:
Software and Data-Other

National Rank (Finland)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:606

MariaDB liberates companies from expensive, restrictive, and complicated proprietary databases. It provides a cost-effective and user-friendly solution for businesses looking to simplify their database management.

Industry:
Software & Data
Subindustry:
Data Analytics

National Rank (Finland)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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3rd

IQM
SB Score:510

IQM specializes in creating scalable hardware for universal quantum computers, with a focus on superconducting technology. Their innovative solutions enable the development of powerful quantum computing systems.

Industry:
Hardware & IoT
Subindustry:
Hardware

National Rank (Finland)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

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Total amount:146

Top Hiring Startups in Espoo by Employee Number

The top three hiring startups in Espoo have an median employee size that is between [251-500]

1st

Ment
SB Score:333

Ment is an innovative document automation tool that streamlines the creation of complex, data-driven documents. It enables users to generate high-quality documents quickly and consistently, enhancing efficiency and accuracy in their workflows.

Industry:
Software & Data
Subindustry:
Enterprise Technology

National Rank (Finland)

0

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Regional Rank (Western Europe)

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Global Rank (WorldWide)

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SB Score:606

MariaDB liberates companies from expensive, restrictive, and complicated proprietary databases. It provides a cost-effective and user-friendly solution for businesses looking to simplify their database management.

Industry:
Software & Data
Subindustry:
Data Analytics

National Rank (Finland)

0

View

Regional Rank (Western Europe)

0

View

Global Rank (WorldWide)

0

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SB Score:543

ICEYE provides commercial access to timely and reliable Earth observation data. The ICEYE SAR Satellite Constellation is capable of imaging any location on Earth every three hours, day and night, regardless of cloud cover. ICEYE empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. The company is tackling this crucial lack of actionable information with world-first aerospace capabilities and a New Space approach. ICEYE’s radar satellite imaging service, with coverage of selected areas every few hours, both day and night, helps clients resolve challenges in sectors such as maritime, disaster management, insurance, finance, security and intelligence. ICEYE is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.

Industry:
Software & Data
Subindustry:
Software and Data-Other

National Rank (Finland)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:552

Enfuce provides payment, open banking, and sustainability solutions for banks, fintechs, and merchants. Their services help clients optimize operations and enhance customer experience.

Industry:
Fintech
Subindustry:
Online Banking

National Rank (Finland)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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Total amount:146

Explore the Startup Ecosystem of Espoo

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8th

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Global Rank

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47th

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