StartupBlink

192 Top startups in Espoo for June 2026

We rank ICEYE, MariaDB and Qt Group in Espoo along with 189 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Espoo is part of Helsinki startup ecosystem which ranks #47 globally and #8 in Western Europe.

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Best Startups in Espoo for 2026

SB Score:578

ICEYE provides commercial access to timely and reliable Earth observation data. The ICEYE SAR Satellite Constellation is capable of imaging any location on Earth every three hours, day and night, regardless of cloud cover. ICEYE empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. The company is tackling this crucial lack of actionable information with world-first aerospace capabilities and a New Space approach. ICEYE’s radar satellite imaging service, with coverage of selected areas every few hours, both day and night, helps clients resolve challenges in sectors such as maritime, disaster management, insurance, finance, security and intelligence. ICEYE is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.

Industry:
Transportation
Subindustry:
Aerospace

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SB Score:556

MariaDB is a new generation database company whose products reach more than a billion users through Linux distributions and have been downloaded over one billion times.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:536

The Qt Company develops and delivers the Qt development framework under commercial and open source licenses. We enable the reuse of software code across all operating systems, platforms and screen types, from desktops and embedded systems to wearables and mobile devices. Qt is used by approximately one million developers worldwide and is the leading independent technology behind millions of devices and applications. Qt is the platform of choice for in-vehicle systems, industrial automation devices, and other business critical application manufacturers, and is used by leading global players in more than 70 industries. The Qt Company is owned by the Qt Group, which operates in China, Finland, Germany, Japan, Korea, Norway, Russia and USA with more than 200 employees worldwide. The Qt Group is headquartered in Espoo, Finland and is listed on Nasdaq Helsinki Stock Exchange. The company’s net sales in year 2015 was 27 MEUR. To learn more visit http://qt.io

Industry:
Software & Data
Subindustry:
Software

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4th

IQM
SB Score:508

IQM Quantum Computers builds and delivers superconducting full-stack quantum computer systems and cloud services designed for research institutions and developers. It offers several products including Spark, a compact 5-qubit system for academic use, Radiance, a scalable platform with configurations from 20 to 150 qubits, and Resonance, a managed cloud service that provides high-fidelity quantum processors with tools, algorithm libraries, and pulse-level programmability. The company develops hardware topologies such as Crystal and Star, which enhance connectivity and aim to support error-corrected, fault-tolerant computing through the integration of quantum error-correction codes. In addition, IQM provides developer-focused resources such as SDKs, multi-framework compatibility, and educational programs to facilitate quantum algorithm experimentation.

Industry:
Hardware & IoT
Subindustry:
Hardware

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SB Score:500

Enfuce is a fintech company that provides various financial services, including payment and card-issuing solutions. Enfuce is a payment processor that delivers debit, prepaid, and credit card solutions across Europe and scaling globally, with offices in Finland, Germany, Latvia, Sweden, and the UK. With Enfuce card solutions, traditional banks, neobanks, and fintechs can create next-level payment experiences for their end users now and into the future. Enfuce has raised a total of €62 million in several funding rounds and has been awarded with recognitions like the Visa Fintech Fast Track program, Mastercard Lighthouse Development Programme, and 2019 PayTech Award for Best Payments Solution for Payment Systems in the Cloud.

Industry:
Fintech
Subindustry:
Online Banking

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SB Score:498

HoxHunt offers to reduce human risk. Their services include the consumer businesses, manufacturing industries, internet services, consultancies, banks, financials, casinos, and gaming industries. Their managed service model is based on cognitive automation and human touch to deliver individualized adaptive training.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

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SB Score:484

Foodello - Fiksuruoka.fi is a technology and e-commerce company that reduces food waste by selling food and consumer goods disposal and residual items at large discounts in the online stores www.fiksuruoka.fi and www.foodello.nl. Fiksuruoka.fi offers consumers an affordable and ecological way to buy products and at the same time help suppliers reduce losses. Utilizing data and analytics in purchasing, pricing, digital marketing and developing e-commerce and the customer experience is Fiksuruoka.fi's core competence.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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SB Score:469

- Zervant offers a market leading online invoicing platform with integrated payment and financial products for micro enterprises across Europe. - Zervant was founded back in 2010 and is based in Espoo (Finland). - Zervant's current core markets are Finland, Sweden, the UK, France, Germany, Belgium, and Austria.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:461

Fixably is a Finland-based SaaS that helps technicians and repair shops operate better. Its team has created a complete service management system specifically designed and developed for Apple Authorised Service Providers. Fixably integrates all tools needed to perform and follow-up repairs, handle internal resources and workflows, monetary transactions, logistics, customer communication, Apple requirements, and more. Fixably was founded in 2015 and is headquartered in Helsinki, Finland.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:455

Neo Auvra is a digital holistic health, digital medicine, and well-being technologies company. Neo Auvra's philosophy is based on all-in-one health, where health must be considered a state of integrative cognitive, emotional and physical well-being. Emphasizing a personalized, adaptive, preventive and one-size-does-not-fit-all approach, Neo Auvra's technology platform offers people roadmaps, lifestyles, and life-long assistance and companionship to improve and boost their cognitive, emotional, and physical states. It addresses these three -intrinsically intertwined and interdependent-, states with the following phases of operations: 1) Cognitive, Socio-Emotional and Physio-Physical Assessments; 2) Reporting and 3) Training and Exercises.

Industry:
Fintech
Subindustry:
Online Banking

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SB Score:406

Medixine provides the next wave of connected care by engaging patients in their own care. They combine expertise in health care and modern web and mobile technology to provide safe and easy-to-use patient-centric solutions.

Industry:
Healthtech
Subindustry:
Health Care

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Total amount:192

Top 7 Social & Leisure Startups in Espoo for 2026

The top three Social & Leisure startups in Espoo have raised more than USD 2.27M. Espoo is part of Helsinki startup ecosystem which ranks #46 globally for the Social & Leisure industry.
SB Score:249

Cabforce.com is on a mission to make the door-to-door travel experience agony free. They offer fixed price quote, secure online credit card payment and electronic receipts for taxi, private hire car, and minibus bookings in the top 40 European cities.

Industry:
Social & Leisure
Subindustry:
Travel

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SB Score:124

Ray is setting a new standard for gaming by creating the ultimate browser designed specifically for gamers. With cutting-edge features and seamless performance, it is transforming the way players experience games and empowering developers to push the boundaries of innovation. By optimizing speed, reliability, and user experience, Ray is not just enhancing gameplay but also shaping the future of the gaming industry for both players and developers alike.

Industry:
Social & Leisure
Subindustry:
Gaming

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Total amount:7

Top 9 Energy & Environment Startups in Espoo for 2026

The top three Energy & Environment startups in Espoo have raised more than USD 53M. Espoo is part of Helsinki startup ecosystem which ranks #46 globally for the Energy & Environment industry.
SB Score:324

Enevo works with its customers to transform the financial, environmental and social impact of waste. Founded in 2010, Enevo began providing waste data from dumpster sensors using its proprietary analytics software. Enevo now provides full management of waste and recycling services for restaurant, retail and commercial property customers throughout North America. It provides the first predictive end-to-end solution that automates the whole planning and operations of waste and recycling logistics. Enevo has raised more than $34M in private equity funding to date and continues to invest in technology and new processes to deliver the peace of mind its customers need.

Industry:
Energy & Environment
Subindustry:
Cleantech

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SB Score:266

Wello is a high-tech and innovative company. Their skills and passions come to life in the Penguin wave energy converter which is the result of highly committed innovative work and practical engineering. In the Penguin, Wello introduces a new concept for capturing energy from waves with a unique working principle. The converter is designed to respond to the movement of waves. The asymmetrical shape of the Penguin’s hull creates a gyrating motion in the waves which makes the rotator inside the hull rotate. The power train from wave to electricity is direct without any mechanical or hydraulic gears in between to cause loss of efficiency. Simplicity is one of the key values of Wello. Wello was founded on the passion to produce ecological and commercially viable wave energy solutions.

Industry:
Energy & Environment
Subindustry:
Energy

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SB Score:246

NPHarvest is a company with expertise in organic waste management, wastewater treatment, and nutrient recovery. NPHarvest is a research project aiming to enable efficient and profitable nitrogen recycling from waste flows to the fertilizer market, utilizing energy-efficient hydrophobic membrane stripping and ballasted sedimentation of phosphorus with lime.

Industry:
Energy & Environment
Subindustry:
Waste Management

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Total amount:9

Top 83 Software & Data Startups in Espoo for 2026

The top three Software & Data startups in Espoo have raised more than USD 331M. Espoo is part of Helsinki startup ecosystem which ranks #48 globally for the Software & Data industry.
SB Score:556

MariaDB is a new generation database company whose products reach more than a billion users through Linux distributions and have been downloaded over one billion times.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:536

The Qt Company develops and delivers the Qt development framework under commercial and open source licenses. We enable the reuse of software code across all operating systems, platforms and screen types, from desktops and embedded systems to wearables and mobile devices. Qt is used by approximately one million developers worldwide and is the leading independent technology behind millions of devices and applications. Qt is the platform of choice for in-vehicle systems, industrial automation devices, and other business critical application manufacturers, and is used by leading global players in more than 70 industries. The Qt Company is owned by the Qt Group, which operates in China, Finland, Germany, Japan, Korea, Norway, Russia and USA with more than 200 employees worldwide. The Qt Group is headquartered in Espoo, Finland and is listed on Nasdaq Helsinki Stock Exchange. The company’s net sales in year 2015 was 27 MEUR. To learn more visit http://qt.io

Industry:
Software & Data
Subindustry:
Software

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SB Score:498

HoxHunt offers to reduce human risk. Their services include the consumer businesses, manufacturing industries, internet services, consultancies, banks, financials, casinos, and gaming industries. Their managed service model is based on cognitive automation and human touch to deliver individualized adaptive training.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Espoo)

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Total amount:83

Most Funded Startups in Espoo for 2026

The top three most funded startups in Espoo have raised total funding of more than USD 1.41B. ICEYE has 0.22% more funding than IQM.
SB Score:578

ICEYE provides commercial access to timely and reliable Earth observation data. The ICEYE SAR Satellite Constellation is capable of imaging any location on Earth every three hours, day and night, regardless of cloud cover. ICEYE empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. The company is tackling this crucial lack of actionable information with world-first aerospace capabilities and a New Space approach. ICEYE’s radar satellite imaging service, with coverage of selected areas every few hours, both day and night, helps clients resolve challenges in sectors such as maritime, disaster management, insurance, finance, security and intelligence. ICEYE is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.

Industry:
Transportation
Subindustry:
Aerospace

City Rank (Espoo)

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2nd

IQM
SB Score:508

IQM Quantum Computers builds and delivers superconducting full-stack quantum computer systems and cloud services designed for research institutions and developers. It offers several products including Spark, a compact 5-qubit system for academic use, Radiance, a scalable platform with configurations from 20 to 150 qubits, and Resonance, a managed cloud service that provides high-fidelity quantum processors with tools, algorithm libraries, and pulse-level programmability. The company develops hardware topologies such as Crystal and Star, which enhance connectivity and aim to support error-corrected, fault-tolerant computing through the integration of quantum error-correction codes. In addition, IQM provides developer-focused resources such as SDKs, multi-framework compatibility, and educational programs to facilitate quantum algorithm experimentation.

Industry:
Hardware & IoT
Subindustry:
Hardware

City Rank (Espoo)

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SB Score:556

MariaDB is a new generation database company whose products reach more than a billion users through Linux distributions and have been downloaded over one billion times.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Espoo)

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Regional Rank (Western Europe)

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Total amount:192

Top Hiring Startups in Espoo by Employee Number

The top three hiring startups in Espoo have an median employee size that is between [501-1000]
SB Score:366

Tieto Oyj provides various IT and product engineering services in Finland and internationally. It offers application management services; and transformation and enterprise architecture consulting, enterprise information management, industry and business consulting, lean business improvements, practical project steering, and project program and portfolio management services.`Tieto Oyj was founded in 1968 and is headquartered in Helsinki, Finland.

Industry:
Software & Data
Subindustry:
Software

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SB Score:578

ICEYE provides commercial access to timely and reliable Earth observation data. The ICEYE SAR Satellite Constellation is capable of imaging any location on Earth every three hours, day and night, regardless of cloud cover. ICEYE empowers others to make better decisions in governmental and commercial industries by providing access to timely and reliable satellite imagery. The company is tackling this crucial lack of actionable information with world-first aerospace capabilities and a New Space approach. ICEYE’s radar satellite imaging service, with coverage of selected areas every few hours, both day and night, helps clients resolve challenges in sectors such as maritime, disaster management, insurance, finance, security and intelligence. ICEYE is the first organization in the world to successfully launch synthetic-aperture radar (SAR) satellites with a launch mass under 100 kg.

Industry:
Transportation
Subindustry:
Aerospace

City Rank (Espoo)

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SB Score:536

The Qt Company develops and delivers the Qt development framework under commercial and open source licenses. We enable the reuse of software code across all operating systems, platforms and screen types, from desktops and embedded systems to wearables and mobile devices. Qt is used by approximately one million developers worldwide and is the leading independent technology behind millions of devices and applications. Qt is the platform of choice for in-vehicle systems, industrial automation devices, and other business critical application manufacturers, and is used by leading global players in more than 70 industries. The Qt Company is owned by the Qt Group, which operates in China, Finland, Germany, Japan, Korea, Norway, Russia and USA with more than 200 employees worldwide. The Qt Group is headquartered in Espoo, Finland and is listed on Nasdaq Helsinki Stock Exchange. The company’s net sales in year 2015 was 27 MEUR. To learn more visit http://qt.io

Industry:
Software & Data
Subindustry:
Software

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SB Score:556

MariaDB is a new generation database company whose products reach more than a billion users through Linux distributions and have been downloaded over one billion times.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Espoo)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

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Total amount:192

Explore the Startup Ecosystem of Espoo

National Rank

(Finland)

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Regional Rank

(Western Europe)

8th

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Global Rank

(WorldWide)

47th

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Top Cities for Startups in Finland - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
2026 National Rank CityGlobal RankTotal ScoreAnnual GrowthQuantity ScoreQuality ScoreBusiness Score
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