The Startup Ecosystem of Finland

Finland boasts 10 cities in the top 1000 and has a vibrant startup scene that ranks 14th within the competitive global top 20.

COUNTRY RANKING

Finland’s startup scene remains stable in 2022 on the 14th position, having gained 4 more cities in the global top 1000.

Population

5.5
Million

Regional Ranking

7th
0
In Western Europe

Global Ranking

14th
0
Worldwide
Free Dashboard
Pro Dashboard

ECOSYSTEM

Browse the startup ecosystem database of Finland

Download the Global Startup Ecosystem Index 

Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!

Download

Ecosystem

The Startup Ecosystem in Finland

Our startup ecosystem map for Finland includes a sample of 652 tech companies. We have identified as unicorns 5 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 3 pantheon member entities.

Global Rank

Finland is ranked within the top 20 startup ecosystems globally.

Top Industries

Finland’s startup scene is best represented in Hardware & IoT, Energy & Environment, and in and Foodtech.

Top Cities for Startups in Finland - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change ▲
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
48th
-
4
14.795
2.42
8.69
3.68
2nd
+
1
195th
+
137
4.312
0.12
1.39
2.80
3rd
+
1
300th
+
80
2.041
0.14
0.29
1.60
4th
-
2
328th
-
2
1.674
0.17
0.18
1.32
5th
0
743rd
-
71
0.325
0.03
0.04
0.26
6th
0
768th
-
52
0.300
0.03
0.04
0.24
7th
new
896th
new
0.201
0.01
0.03
0.16
8th
new
925th
new
0.191
0.02
0.02
0.15
9th
new
927th
new
0.190
0.01
0.03
0.15
Page out of 1

Startups

Notable Startups in Finland
Swappie startup icon
Swappie
MariaDB startup icon
MariaDB
Small Giant Games startup icon
Small Giant Games

Startups

Successful Hardware & IoT startups in Finland
Loupedeck Oy startup icon
Loupedeck Oy
Neural DSP startup icon
Neural DSP
Robocorp startup icon
Robocorp

Startups

Startups Ranking by Industry

Hardware & IoT icon
Hardware & IoT
#3 worldwide

On our map, you can explore a total of 224 startups for Hardware & IoT.

Energy & Environment icon
Energy & Environment
#7 worldwide

In Western Europe, Finland's Energy & Environment is in top 7. Finland has a concentration of about 86 of the region's total Energy & Environment startups that are represented on our map.

Foodtech icon
Foodtech
#9 worldwide

Finland's Foodtech is ranked 9th in the world. Our database contains 68 for this industry.

Explore More

Featured Ecosystem Portals

Go to portal
Go to portal

Work with us

If you are a startup ecosystem developer in Finland, you can grow your startup economy by becoming a partner.

Find out more

BLOG

Recent Posts

Tue Mar 14 2023

EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]

Wed Mar 08 2023

How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide.  StartupBlink’s GSEI is based on an elaborate algorithm […]

Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita.   The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population […]