About Nordic Science
Nordic Science is a venture capital firm located in Helsinki, Finland. As of Sep 2026, Nordic Science is an active investor, having invested in 7 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in Finland based startups. Its investments are spread across a wide range of sectors from Life Sciences to Healthcare and Food and Agriculture. Most recently it participated in the $***** Series C round of Kasvu Therapeutics A lot of funds co-invest with Nordic Science, with names like University of Helsinki sharing a substantial percentage of its portfolio. Nordic Science has team of 7 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Deals in last 12 months
Nordic Science's List of Top Investments
Nordic Science has a portfolio of 7 companies. Their most notable investments are in Perfat and Nadmed.Their portfolio spans across Finland and United States. They have invested in Life Sciences, Healthcare, Food and Agriculture, across Seed, Series A and 1 more. Here is the list of top investments by Nordic Science:1. Nadmed
Key facts about Nadmed
- Founded Year: 2022
- Location: Helsinki (Finland)
- Stage: Series A
- Total Funding till date: $4.39M
- Employee Count: 20 as on Sep 30, 2026
- Investors: Businessfinland, University of Helsinki and 4 Others
- Latest Funding Round: Series A, Aug 22, 2024, $*****
2. Perfat
Developer of lipid-technology that transforms liquid oils into solid fats. It uses material physics to give liquid oils the solid structure and conventional solid fats.
Key facts about Perfat
- Founded Year: 2023
- Location: Helsinki (Finland)
- Stage: Series A
- Total Funding till date: $4.02M
- Employee Count: 20 as on Sep 30, 2026
- Investors: Big Idea Ventures, Newtree Impact and 3 Others
- Latest Funding Round: Series A, Sep 10, 2025, $*****
Developer of small molecule neuroplastogens for neuropsychiatric and neurodegenerative diseases. These therapeutic compounds target the TrkB receptor to improve neuronal plasticity and cognitive function. The development process utilizes structure-based drug design and proprietary computing models to identify selective positive allosteric modulators. These molecules are intended to address conditions involving altered neuronal connectivity, including mental disorders and neurodegenerative conditions. The medication is designed for targeted efficacy without hallucinogenic effects.
Key facts about Kasvu Therapeutics
- Location: Finland
- Stage: Series C
- Total Funding till date: $34.2M
- Employee Count: 12 as on Aug 31, 2026
- Investors: Hadean Ventures, Innovestor and 5 Others
- Latest Funding Round: Series C, Sep 24, 2026, $*****
4. CubaseBio
Developer of imaging tools for three dimensional biological spatial analysis. The technology captures biological data in three dimensions to facilitate research processes. These tools assist in the investigation of cellular structures and tissue samples to support scientific study and drug discovery efforts. The platform provides hardware and software components designed to visualize complex biological environments.
Key facts about CubaseBio
- Stage: Series A
- Total Funding till date: $4.62M
- Investors: Illumina Ventures, European Innovation Council and 4 Others
- Latest Funding Round: Grant (prize money), Feb 17, 2026, $*****
5. AIATELLA
Key facts about AIATELLA
- Founded Year: 2022
- Location: Helsinki (Finland)
- Stage: Seed
- Total Funding till date: $2.28M
- Employee Count: 12 as on Aug 31, 2026
- Investors: Businessfinland, Specialist and 4 Others
- Latest Funding Round: Seed, Jun 04, 2025, $*****
Nordic Science's Year-on-Year Investment Trends
In 2025, it made 4 investments, while as of Sep 2026, it has made 2 investments in this year. Its most recent first time investment was in Kasvu Therapeutics and most recent follow-on round was in Perfat.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 3 | 1 | 4 |
2024 | 2 | 0 | 2 |
Nordic Science's Investments by Stage
Nordic Science has made 4 investments in Seed stage with an average round size of $1.45M, 2 investments in Series A stage with an average round size of $4.26M and 1 investment in Series C stage with an average round size of $34.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 2 |
Series C | 1 |
Note: We have considered here, only first round of investments
Nordic Science's Investments by Sector
Nordic Science has a diverse portfolio, with companies operating in the Life Sciences, Healthcare and Food and Agriculture. Notably, it has invested in 5 Enterprise (B2B) companies, 4 Tech companies, 1 Software company and 1 company focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Life Sciences | 4 |
Healthcare | 2 |
Food and Agriculture | 1 |
Note: We have considered here, only first round of investments
Nordic Science's Investments by Geography
Nordic Science has made most investments in Finland (5), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
Finland | 5 |
United States | 1 |
Note: We have considered here, only first round of investments
Nordic Science's recent investments
Nordic Science has made 2 investments in 2026 so far - Kasvu Therapeutics and CubaseBio.Here are the most recent investments by Nordic Science:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 24, 2026 | Finland | Series C | 9442 | [+5] | |
Feb 17, 2026 | - | Series A | 8825 | [+3] | |
Sep 10, 2025 | Finland | Series A | 4710 | [+3] | |
Jun 04, 2025 | Finland | Seed | 4938 | [+2] | |
May 27, 2025 | United States | Seed | 5350 | [+1] |
Team profile of Nordic Science
Nordic Science has a team of 7 members including 6 Partners located in Finland, Sweden and 1 more location. Nordic Science's team does not sit on the board of any company as of now.Here is a list of all team members in Nordic Science:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Tallinn | - | ||
Partner | Sweden | - | ||
Partner | Helsinki | - | - | |
Partner | Helsinki | - | ||
Partner | Helsinki | - | - | |
Partner | Helsinki | - | - |
Co-investors of Nordic Science
Over the past 2 years, 20 investors have co-invested in Nordic Science's portfolio companies. This includes funds and angels.
- Invested before Nordic Science: Voima Ventures has invested before Nordic Science.
- Top Co-investors of Nordic Science: 16 investors entered a company along with Nordic Science. These include investors like University of Helsinki (4 companies).
- Invested after Nordic Science: A total of 3 investors have invested in Nordic Science's portfolio after their investments. Top Investors include Newtree Impact (1 company), Beyond Impact Advisors (1 company) and Big Idea Ventures (1 company).
Recent News related to Nordic Science
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Mu-ray.tech Secures €325K to Advance Muon Beam Imaging TechnologyStartup Rise EU•Nov 04, 2025•GScan, Nordic Science, MuRayTech
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Finnish start-up Perfat Technologies raises €2.5m to revolutionise healthy fatsFoodBev Media•Sep 11, 2025•Newtree Impact, Beyond Impact Advisors, Perfat, Nordic Science and 1 other
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AIATELLA raises €2M to scale AI-powered cardiovascular imaging toolsAngel News•Jun 06, 2025•AIATELLA, Nordic Science, Specialist, Harjavalta Group and 1 other
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AIATELLA Secures Funds for AI Cardiovascular Imaging SolutionsMedicalDeviceNetwork•Jun 06, 2025•AIATELLA, Nordic Science
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Finnish medtech AIATELLA lands €2Mn to advance its AI-powered cardiovascular diagnostics
TechPortal•Jun 05, 2025•Harjavalta Group, Finpro, Nordic Science, AIATELLA and 1 other
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Finnish Solid IO gets €800k to develop its tumor-on-a-chip tech.Ain•Feb 24, 2025•Solid Power, Nordic Science, BSV, Helsinki University Eye Hospital
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Solid Biosciences Announces Pricing of Underwritten OfferingGlobeNewswire•Feb 18, 2025•Solid Biosciences, Bain Capital Life Sciences, Invus, Perceptive Advisors and 11 others
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Finnish biotech firm NADMED raises €3.5M to advance personalised treatment optionsSilicon Canals•Aug 22, 2024•Nadmed, Nordic Science, Voima Ventures, Enifer and 4 others
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Nadmed Raises €3.5M in Series A FundingFinSMEs•Aug 22, 2024•Nadmed, Voima Ventures, Nordic Science, University of Helsinki
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Finnish Foodtech Startup Perfat Technologies Closes €1m Seed RoundAIN.Capital•Mar 21, 2024•Perfat, Nordic Science, University of Helsinki
