Butterfly Ventures

Butterfly Ventures Butterfly Ventures, founded in 2012 in Oulu, Finland, has established itself as the leading Nordic and Baltic seed-stage deep tech VC. Fund IV targets €100M with a €47M first close in 2022, and the firm holds the distinction of being the first 100% carbon-neutral VC fund in Europe, a fact that earned Forbes recognition. The fund is EU Article 8 compliant, operating from offices in Oulu, Helsinki, Stockholm, Tallinn, and Copenhagen. With 81-plus portfolio companies, Butterfly f