High Tech startups in Nordics
There are 4,430 High Tech startups in Nordics which include Oura, Sinch, RELEX, F Secure, Monta. Out of these, 1,819 startups are funded, with 736 having secured Series A+ funding, and 9 achieving unicorn status.
Over the past 10 years, an average of 250 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Aalto University, Stanford University and London School of Economics and Political Science.
Here is the list of top High Tech startups in Nordics
1. Oura
Developer of a smart ring for sleep, stress, fitness, and health. The ring is designed to be worn comfortably all day and night. It collects personal health metrics and provides insights. The device focuses on biometrics that impact how the user feels.
Key facts about Oura
- Founded Year: 2013
- Location: Oulu (Finland)
- Stage: Series E
- Total Funding till date: $1.32B
- Investors: Fidelity Investments, Temasek and 67 Others
- Latest Funding Round: Series E, Oct 14, 2025, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 135 Competitors
2. Sinch
Provider of customer communications management platform. It streamlines customer communication across message, voice, and email channels. It enables users to create and send personalized mobile message campaigns to the customers. It offers an omnichannel API to engage customers with personalized conversations on different channels. Features include verification APIs, video calling, and more.
Key facts about Sinch
- Founded Year: 2008
- Location: Stockholm (Sweden)
- Stage: Public
- Total Funding till date: $12M
- Investors: CPP Investments, Temasek and 7 Others
- Latest Funding Round: Post IPO, Sep 30, 2021, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 9 of 2,704 Competitors
3. RELEX
Provider of unified platform for retail and supply chain planning. The platform offers solutions for demand planning, manufacturing planning, and distribution planning. It facilitates collaboration across the supply chain, including inventory and replenishment management. The platform also provides tools for retail operations, space and assortment planning, and pricing and promotions.
Key facts about RELEX
- Founded Year: 2005
- Location: Helsinki (Finland)
- Stage: Series D
- Total Funding till date: $816M
- Investors: Summit Partners, TCV and 4 Others
- Latest Funding Round: Series D, Dec 11, 2024, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 7 of 2,320 Competitors
4. F Secure
F Secure provides threat detection, prevention, and mitigation on the endpoint devices. It provides a security solution to predict, prevent, detect, and respond to known, unknown, and advanced threats on personal enterprise owned endpoints. Its endpoint solution blocks threats by employing a secure cloud, which provides threat intelligence. It complements signature based detection with behavioral and heuristic protection and sandboxing.
Key facts about F Secure
5. Monta
SaaS-based platform for charging station management. Its platform allows users to customize electric vehicle charging points according to charging needs. It provides solutions for workplace charging, fleet charging, commercial charging, residential charging, and others. It offers product suite that serves as a command center for EV charging operations, including charge point management, financial operations, access control, and fleet management.
Key facts about Monta
- Founded Year: 2020
- Location: Copenhagen (Denmark)
- Stage: Series B
- Total Funding till date: $142M
- Investors: Energize Capital, Creandum and 11 Others
- Latest Funding Round: Series B, Dec 19, 2023, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 2 of 492 Competitors
