Defence Study: Market Study on Finnish Defence and Dual Use Companies
Over 500 active firms were identified in the Finnish defence industry, of which roughly 40% fall into the core categories.
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Over 500 active firms were identified in the Finnish defence industry, of which roughly 40% fall into the core categories.
The sample consists of 53 funds raised in Finland between 2009–2021, split into buyout & growth and venture capital funds.
The study identifies over 4,000 Finnish startup-based companies founded since 2010.
Tesi has EUR 3.2 bn in assets under management and 567 Finnish companies in its portfolio via direct and fund investments.
Finnish deep tech companies raised close to €1.6 bn year-to-date in 2025, a record, corresponding to over 170% growth on the previous yearly high.
The Confederation of Finnish Industries data dashboard lists projects worth more than 300 billion euros.