Lifeline Ventures

We are a sector agnostic early-stage (pre-seed and seed) investor that wants to partner with founders from the very beginning of their journey and support them throughout their growth. Our team has global experience in building and scaling companies both as founders and in various CxO roles. We invest in ambitious and determined teams that can one day become industry leaders.

New investments

Andreas Møller

Kasper Svenning Hansen

Seed round

Toddle

CEO: Andreas Møller
Founders: Andreas Møller, Kasper Svenning Hansen

Markku Mäkeläinen

Kristian Luoma

Helmut Scherer

Seed round

In Parallel

CEO: Markku Mäkeläinen
Founders: Markku Mäkeläinen, Kristian Luoma, Helmut Scherer

Pauli Turunen

Seppo Honkanen

Janne Konttinen

Seed round

HyCom Core

CEO: Pauli Turunen
Founders: Pauli Turunen, Seppo Honkanen, Janne Konttinen

Pauliina Meskanen

Nete Weger

Pre-seed round

Calectra

CEO: Pauliina Meskanen
Founders: Pauliina Meskanen, Nate Weger

Kai Langel

Rauha Tulkki-Wilke

Chris Jones

Lada Leyens

Seed round

Deep Measures

CEO: Kai Langel
Founders: Kai Langel, Rauha Tulkki-Wilke, Chris Jones, Lada Leyens

Salz team

Seed round

Saltz

CEO: Andrius Šlimas
Founders: Andrius Šlimas, Tomas Šlimas, Reinis Štrodahs

Mika Matikainen

Minna Hurmerinta

Alexis Perron-Corriveau

Pre-seed round

Paloceras

CEO: Mika Matikainen
Founders: Mika Matikainen, Minna Hurmerinta, Alexis Perron-Corriveau

Kai Bäckman

Luke Church

Pre-seed round

Candela 683

CEO: Kai Bäckman
Founders: Kai Bäckman, Luke Church

Bjørn Brandtzæg

Seed round

Photoncycle

CEO: Bjørn Brandtzæg
Founder: Bjørn Brandtzæg

Lucas von Hertzen

Sina Rezaeipour

Erik Nygren

Jonas von Hertzen

Angel round

Venga

CEO: Lucas von Hertzen
Founders: Lucas von Hertzen, Sina Rezaeipour, Jonas von Hertzen, Erik Nygren

Portfolio events

Anttoni Aniebonam

Verneri Jäämuru

Frans Lehmusvaara

Acquired

by Oura

Veri / Human Engineering Health

Oura Health acquires Veri to continue and accelerate their work of creating a more comprehensive preventative health solutions.

Veri / Human Engineering Health

Blood sugar is the most vital metric in your body. Each and every day your blood sugar levels affect your thoughts, mood, health, and longevity. The Veri app is the easiest way to track and stabilize your blood sugar. Veri’s mission is to empower others to take health into their own hands.

CEO: Anttoni Aniebonam
Founders: Anttoni Aniebonam, Verneri Jäämuru, Frans Lehmusvaara

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2019

Founded

2020

Lifeline Ventures

Angel round

2021

Lifeline Ventures

Seed round

2024

Acquired

by Oura Health

08/2024

Pauliina Meskanen

Nete Weger

Pre-seed round

Calectra

Calectra raised a $1.6M pre-seed round led by Lifeline Ventures with participation from Aera VC, Security Trading (the investment company of Antti Herlin’s family), Orca Climate Fund, Wave Ventures, Prodeko Ventures, and Justin Brodie-Kommit. Calectra has also been awarded over $400,000 in grants primarily from the US government and New York State.

Calectra

Calectra is developing a novel thermal storage technology to provide low-cost, zero-carbon, up to 1600°C process heat for manufacturing industries like cement and steel. Its thermal storage system converts electricity from the grid or on-site renewables into high-temperature heat within its patent-pending bricks, stores the heat, and then delivers it to industrial manufacturers on demand. Backed by the US Department of Energy and New York State.

CEO: Pauliina Meskanen
Founders: Pauliina Meskanen, Nate Weger

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2023

Founded

2024

Lifeline Ventures

Pre-seed round

08/2024

Johannes Salmisaari

Henrik Helenius

Funding round

Led by OpenOcean

Droppe

Droppe announced their latest funding round of 3.9M€, which was led by OpenOcean, and with participation of Lifeline Ventures and others.

Droppe

The company has built an online wholesale marketplace to bulk order industrial equipment and protective workwear from Europe’s top manufacturers all with a single invoice.

CEO: Johannes Salmisaari
Founders: Johannes Salmisaari, Henrik Helenius

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2020

Founded

2022

Lifeline Ventures

Pre-seed round

2023

Seed round

2024

Funding round

Led by OpenOcean

06/2024

Rafal Modrzewski

Pekka Laurila

Funding round

Led by Solidium

Iceye

ICEYE raises oversubscribed growth funding round to expand Global SAR Leadership. Finnish sovereign wealth fund, Solidium Oy, leads the round.

Iceye

Iceye empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. Iceye is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.

CEO: Rafal Modrzewski
Founders: Pekka Laurila, Rafal Modrzewski

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2014

Founded

2015

Seed round

Led by True Ventures

2017

Series A

Led by Draper Nexus

2018

Series B

Led by True Ventures

2020

Series C

Led by True Ventures

2021

Series D

2024

Funding round

Led by Solidium

04/2024

Kai Backman

Founder of Candela

Kai Backman

Founder of Candela

Finland

Overview

Work Experience

Candela

Founder

2022 - Current

Partner

2016 - 2022

Autodesk

Senior Software Systems Architect

2015 - 2016

Airstone

CEO

2013 - 2015

Tinkercad

CEO

2010 - 2013

Google

Software Engineer

2006 - 2010

Mistaril

Founder

2002 - 2005

Investments

Hyperion Robotics

Mobal

Relevant Websites