Espoo startup directory
Explore startups, investors, and ecosystem operators in Espoo, Finland.
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Enfuce
Enfuce is a cloud-native card issuing and payment processing platform that enables banks, fintechs and brands to launch and scale payment programmes across Europe. Founded in 2016 and holding EMI licences from both the Finnish FSA and the UK FCA, the company raised €45 million in a Series C round led by Vitruvian Partners with participation from Visa and Maki.vc. With 280 employees and ambitions to 10x revenue by 2030, Enfuce became Finland's largest fintech startup. In March 2026, co-founder Denise Johansson took sole CEO responsibility as the company accelerates European expansion.
ICEYE
ICEYE operates the world's largest synthetic aperture radar (SAR) satellite constellation, providing persistent Earth observation data regardless of weather or daylight conditions. Founded in 2014 as an Aalto University spin-off, the company builds its satellites in-house in Espoo and serves defence, insurance, disaster response and environmental monitoring customers. By 2026 it had launched over 35 satellites with a valuation of $2.8 billion, and signed contracts with the Finnish, Polish and Swedish armed forces for national SAR satellite programmes.
InstituteQ – The Finnish Quantum Institute
InstituteQ is Finland's national quantum research and innovation hub, a consortium of seven leading institutions: Aalto University (coordinator), VTT Technical Research Centre of Finland, the Universities of Helsinki, Jyväskylä, Tampere and Oulu, and CSC-IT Centre for Science. It operates three pillars — InnoQ (innovation and ecosystem development), ResQ (fundamental and applied research), and EduQ (education and talent) — and hosts the Finnish Quantum Flagship, an eight-year initiative jointly funded by member organisations and the Research Council of Finland. InstituteQ organises the annual Finnish Quantum Days conference and publishes it on its domain instituteq.fi.
IQM Quantum Computers
IQM Quantum Computers is a full-stack quantum computing company founded in 2018 as a spin-off from Aalto University and VTT. It designs and manufactures superconducting quantum processors sold as on-premises systems to research institutions, supercomputing centres and enterprises. By early 2026 IQM had delivered 21 quantum systems to 13 customers globally and secured over €600 million in funding, including a €275 million Series B. The company reached unicorn status in September 2025 and announced plans for a public listing at a $1.8 billion valuation in February 2026.
Jan Goetz
Jan Goetz is the CEO and Co-founder of IQM Quantum Computers, a European leader in superconducting quantum computing hardware headquartered in Espoo, Finland. IQM designs and manufactures quantum processors for research institutions, national supercomputing centers, and commercial users across Europe and beyond. He is a central figure in the European quantum technology ecosystem and a confirmed speaker at NORDEEP 2026.
Joost Elstak
Joost Elstak is SVP Missions at ICEYE, a Finnish space technology company founded in 2014 that operates one of the world's largest commercial synthetic aperture radar (SAR) satellite constellations. ICEYE is widely regarded as one of the most prominent European space startups and a unicorn, providing near-real-time Earth observation data for disaster management, insurance, maritime, and government applications. In his role, Elstak oversees mission operations and delivery for ICEYE's growing customer base across both commercial and government sectors globally.
NORDEEP — Nordic Deep Tech Business Summit 2026
The Nordics' largest deep-tech business summit, in Espoo's Otaniemi hub, connecting deep-tech startups with funding, experts, talent, and clients. Built around commercialising research-based innovation.
QuantrolOx
QuantrolOx is a quantum computing software startup headquartered in Espoo, Finland, with additional offices in Oxford, Delft, and Bengaluru. The company develops Quantum EDGE, an automation platform that tunes and optimises superconducting quantum computers, reducing characterisation times from days to seconds and enabling a single expert to manage multiple quantum systems simultaneously. QuantrolOx is a sponsor of Finnish Quantum Days 2026.
SemiQon
SemiQon is a Finnish quantum computing hardware startup pioneering silicon-based quantum processors. The company develops silicon quantum dot devices (SemiQit), cryo-CMOS transistors optimised for cryogenic environments, and quantum integrated circuit chips, with the stated goal of making quantum computers more affordable, scalable, and sustainable through standard silicon manufacturing techniques. SemiQon is a sponsor of Finnish Quantum Days 2026 and has partnered with the European Space Agency on space technology applications.
