Health ecosystem in the Nordics & Baltics

Here are the main actors of the health startup ecosystem in the Nordics and Baltics. Please let me know if you spot anything missing 🙂


Athensmed: €125k – 500k (angel, based in Finland)

Founders’ Edge: €50k – 500k (two angels, based in Finland)

GrayBella: €2M – 7M (VC, Lithuania & EU)

Hanover 16: €100k – 5M (VC, Europe, Israel & US, based in UK)

Innovestor: €250k – 1.5M (VC, based in Finland)

Inventure: €250k – 2.5M (VC, based in Finland)

Lifeline Ventures: €200k – 2M (VC, based in Finland)

Verge HealthTech Fund: €500k – 1M (VC, global)

Accelerators & incubators

Digital Well Ventures, Norway and Sweden

Health Founders, Estonia

Health Incubator Helsinki, Finland

Hubs and networks

Terkko Health Hub, Helsinki

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