Helsinki

Helsinki is the capital of the world’s happiest country, home to Finland’s densest startup and innovation ecosystem. Helsinki supports local companies, entrepreneurs, and international talent, while the city drives growth in health, deep tech, and creative industries backed by top universities and a highly educated workforce.

Discover Helsinki

Tech Ecosystem
Access
Can I build here?

10+ universities and higher education institutions
3.2% of GDP invested in R&D
150+ languages spoken
€500M+ early-stage funding raised (2023-2025)
22,000+ startup jobs

Ecosystem
Can I scale here?

15+ unicorns & success stories
1,500+ startups and scaleups
100+ ecosystem support organizations
12,000+ Slush participants
€58B+ ecosystem value

Positioning
Is it globally competitive?

#1 Happiest country in the world, 9 years running (World Happiness Report)
#2 Most innovative region in Europe (Regional Innovation Scoreboard, 2024)
#1 Highest ranked sustainable travel destination, 2024 and 2025 (GDS-Index)
#2 Least corrupt country in the world (Corruption Perceptions Index)

Contact information

Happy to be your Siri for Hel(l)sinki. Just with fewer updates and better recommendations. 😄

Drop me an email starting with “Hi Lauri…” anytime you need help.

Business Helsinki

Lauri Määttänen

Chief advisor

Linkedin
City map
  • 1.6 million inhabitants (Helsinki Metropolitan Area)

  • 10 universities and higher education institutions

  • 327 islands and 131 km of coastline

  • 60+ public saunas and year-round sea swimming opportunities

  • Home of Slush

Built in Helsinki

The capital of the happiest country in the world (eight years running!), is a city that balances urban culture and nature. We lead in work-life balance, equality, and quality of life. As a business environment, Helsinki boasts political and economic stability, supporting seamless business growth. The city is also a global leader in sustainability and has been named the #1 sustainable city destination in the world by the Global Destination Sustainability Index for two years running (2024 and 2025). Trust, safety, innovation, and climate leadership are ingrained our DNA.

“We came here for freedom of content creation and stayed for the trust, stability, and incredible ecosystem. Silentberry is an icebreaker for authors, and Helsinki is the ideal harbour.”

Haiping Dong, Founder

Corning moved a key part of its global R&D operations to Helsinki, attracted by the city’s world-class research expertise, AI ecosystem, and collaborative innovation culture.

Mikhail Chivilikhin, Director of Corning Scientific Center

“When you look at success stories like Oura, you see how Finland already produces new-age MedTech leaders.”

Rajesh Manthena, Angel investor

Land & Start
Setting up a business

Start a business guide

Expand to Helsinki: business advisory and relocation support for foreign companies setting up in the city.

Grow your business: ongoing advisory services, incubators, and networks once the company is established. 

Resources

Business Helsinki – startup advisory, networks, and growth support.
Sisu Factory – Grow and Scale smarter from the Capital region
Helsinki Partners – expansion and soft-landing support.
Business Finland – funding and international growth services.
International House Helsinki – relocation and talent services.

Access to Infrastructure
Innovation Districts

Core Business Climate Stats — Helsinki


45% Helsinki region’s GDP per capita is roughly 45% above the EU average
3%+ of GDP invested in R&D (among the highest in Europe)
60% Helsinki’s share of Finland’s total inward foreign direct investment (FDI)
50%+ of working-age residents hold a university-level degree
70+ Forbes Global 2000 companies have a presence in Helsinki

Hubs

Maria 01 – Nordic startup campus
Epicenter Helsinki: a Nordic innovation house and coworking community for scale-ups and corporates
Health Capital Helsinki: the city’s healthtech and life sciences cluster, connecting hospitals, research institutes, and startups around Meilahti/Biomedicum.
Aalto Startup Center: Aalto University’s entrepreneurship hub in Otaniemi, part of the wider capital region ecosystem alongside Helsinki, feeding deep tech and research spinouts.
Testbed Helsinki: the city as a real-world testing ground, letting companies pilot new products and services directly with the City of Helsinki. 

Find your hub

Access to Capital
Investment Landscape

Helsinki is one of Europe’s most active VC hubs — €1.6B raised in 2025, 21 unicorns to date, backed by stable regulation and Business Finland’s “smart money” support.

Types of funding

Public funding: Business Finland (grants, loans, R&D tax incentives)
Institutional capital: pension funds, insurance companies, funds of funds
Venture capital: Voima Ventures, NordicNinja, local and international VC firms connected via Helsinki Partners’ Venture Nordics program
Corporate venture capital: VTT Ventures (domestic lead), Samsung Next, Salesforce Ventures, E.ON Future Energy Ventures (foreign CVCs)
Angel investment: individual domestic and international backers, matched through FiBan

Guidance

Venture Nordics: a program connecting international VCs and LPs directly with Finnish and Nordic funds.
Founders to Finland: a program for Series B/C scale-up founders, offering investor introductions and access to Slush.
90 Day Finn: an immersive program helping founders and investors build a local network, each paired with a personal “Helsinki Partners Friend.”
Helsinki Dealroom: a platform listing 2,000+ startups and ecosystem players, giving companies visibility to investors.
Sisu Factory Move to Finland / Sisu Launchpad: a program for international startups that includes direct meetings with Finnish and Nordic investors.
Business Finland: “smart money” consultation alongside early-stage funding, helping shape the business model.
Finnish Venture Capital Association (FVCA): the umbrella body connecting Finnish VC investors and providing market data for international players.

Access to Talent
Talent Pool

Finland is one of Europe’s leading innovation economies, combining world-class research, exceptional digital skills, and a highly international business environment. Helsinki is home to 180+ nationalities, 150+ languages, and 10 universities and higher education institutions, including the University of Helsinki and Aalto University. Around 21% of residents speak a foreign language as their mother tongue, creating a diverse and globally connected talent pool. Over 50% of Helsinki’s working-age residents hold a university degree.

Ecosystem's specials

Low corporate tax rate: currently 20%, with a planned reduction to 18% by 2027, one of the lowest among competing European hubs.
R&D tax deduction: companies collaborating on RDI projects with Finnish universities and research institutes get a 150% deduction on R&D costs.
Startup Permit: a fast-track, non-EU founder visa route often processed in a matter of weeks, one of the most agile in Europe.
Work-life balance as a retention tool: strong parental leave, flexible/hybrid work norms, and short commutes make Helsinki easier to recruit and retain talent in versus larger, costlier hubs.
Soft-landing support for employers and employees: Helsinki Partners and Sisu Factory assist with residence permits, relocation logistics, and settling in reducing HR overhead when hiring internationally.

Resources access to talent

Helsinki offers companies access to a highly educated, international, and innovation-driven talent pool. The city combines world-class universities, a strong engineering tradition, and a growing influx of global professionals attracted by its quality of life, safety, and thriving tech ecosystem. Helsinki’s startup and deep tech sectors particularly benefit from strengths in AI, software, gaming, quantum technologies, and engineering.

TheHub – Startup Jobs in Finland

 

2026 Headlines

Record VC year for Finnish startups (2025)

Finnish startups raised over €1.6 billion in 2025, and the country produced Europe’s first decacorn, Supercell, alongside 21 unicorns to date — a record-breaking year that positions Helsinki as the continent’s leading concentration point, holding roughly 82% of Finland’s total startup enterprise value.

AI emerged as Helsinki’s hottest growth sector

Helsinki strengthened its position as one of Northern Europe’s most dynamic AI hubs in 2026. Major funding rounds, led by Verda, combined with growing AI activity across the Maria 01 ecosystem, attracted international investors and accelerated the city’s reputation as a leading destination for AI innovation and infrastructure.

Defence and dual-use technologies became a new strength

Helsinki emerged as a key Nordic centre for defence and dual-use innovation in 2026. Strong investor interest, growing geopolitical relevance, and the success of companies such as ICEYE helped drive the sector’s expansion, positioning the city at the forefront of Europe’s next wave of security and resilience technologies.

YOUR CITY AS A NEW MEMBER?
Join ScaleCities

City profiles

Amsterdam
Antwerp
Barcelona
Berlin
Cologne
Hamburg

Helsinki
Munich
Porto
Sarajevo
Stockholm
Valencia
Vienna

About us
City profiles
Opportunities

Contact

info@scalecities.com
Amstel 1, 1011 PN Amsterdam