Very early capital. Real operator help.


Nuard backs ambitious founders at the earliest stages, especially in AI, games and technology.

We bring practical experience from building, scaling and exiting companies, plus the network, hiring help and product judgement founders need before things get obvious.

Real AI

We back founders using AI to solve real problems, not just add sparkle to a pitch deck.

Real AI

We back founders using AI to solve real problems, not just add sparkle to a pitch deck.

Games and play

We know games, communities and interactive products, and we like teams building things people want to return to.

Games and play

We know games, communities and interactive products, and we like teams building things people want to return to.

Less busywork

We invest in tools that make work faster, cleaner and less painful.

Less busywork

We invest in tools that make work faster, cleaner and less painful.

Built to travel

We like ideas that can start in one market but make sense almost anywhere.

Built to travel

We like ideas that can start in one market but make sense almost anywhere.

Durable beats noisy

We prefer useful companies with staying power over whatever is loud this week.

Durable beats noisy

We prefer useful companies with staying power over whatever is loud this week.

Operators on call

Product, tech, hiring, fundraising, strategy, messy founder questions. We are here to help.

Operators on call

Product, tech, hiring, fundraising, strategy, messy founder questions. We are here to help.

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Partners

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Combined years
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Investements

Portfolio

Portfolio

Our diverce and global portfolio represent the cutting edge of AI, gaming and technology

Our diverce and global portfolio represent the cutting edge of AI, gaming and technology

Academy

Type

Technology


Description

Academica was acquired by Telecity Group that was later acquired by Equinix.

Appcharge

Type

Technology


Description

Appcharge is a platform that provides gaming studios with a mobile-first webstore solution for selling in-game items directly to players. It offers a suite of tools for game monetization, including features for enhancing player engagement and tracking performance. The platform supports 400+ payment options and low transaction fees.

Arte Collectum

Type

Fund


Description

Arte Collectum I AB, founded in Sweden, is the country's first investment fund with art as an underlying asset that is registered in Euroclear and publicly traded.

Audiomob

Type

Technology


Description

Audiomob is a platform that allows brands and artists to connect with audiences in-game through audio ads. The platform is designed to keep gamers playing without disruption. It offers solutions for both advertisers and developers, providing a means to reach a large, engaged audience of mobile gamers worldwide without interrupting the player experience.

Aurora Hill Resort

Type

Acomendation


Description

Aurora Hill Resort is a family-owned luxury cabin resort in Rovaniemi offering handcrafted cabins, Arctic views, included breakfast, and strong Northern Lights viewing just 10 minutes from the city center.

Boxbox

Type

Technology


Description

Boxbox is an Airbnb for storage. Slush 2023 top 20 finalist.

Brainboard

Type

Technology


Description

Brainboard is a cloud visualization and deployment solution that helps organizations manage and understand their cloud environment. It allows users to visually architect and generate Terraform code for robust multi-cloud architectures. Brainboard also offers features for building CI/CD pipelines, syncing environments, and standardizing Infrastructure-as-Code (IaC) best practices.

Circular Place

Type

Technology


Description

CircularPlace is a platform that helps businesses manage their non-food unsold items in compliance with the AGEC law. The platform allows users to sell, donate, or recycle their unsold items, saving time, money, and space. The process involves registration, finding goods, bidding, payment, receiving assets, and account management.

Cogram

Type

AI


Description

Cogram is an AI-powered platform designed to enhance productivity by taking notes in virtual meetings, tracking action items, and automating tasks. It offers features such as automatic minutes, action items, summaries, and seamless integrations with various meeting platforms. The company emphasizes privacy and does not store audio or video recordings of meetings.

Complink

Type

Technology


Description

Complink is an AI platform for construction procurement that connects project data, such as specifications, drawings, schedules, BIM models, and vendor documents, to automate routine workflows and support faster, lower-risk procurement decisions.

Crown Defence

Type

Technology


Description

Crown Defence is a Finnish defence technology company building cognitive electronic warfare systems that use machine learning, real-time sensor fusion, and autonomous decision support to help allied forces detect, adapt to, and counter threats across the electromagnetic spectrum.

Cuckoo

Type

Technology


Description

Cuckoo Workout is a web-based wellness program that encourages office workers to take regular, short exercise breaks throughout the day. The platform provides a selection of easy, fun workout videos that can be done in regular office attire. The service also features reporting tools that allow organizations to track employee participation and engagement, which can be used to encourage healthy competition among team members​1​. Cuckoo Workout was founded in 2014 and is based in Helsinki, Finland​.

Elevatix

Type

AI


Description

Elevatix is an AI liveops and monetization platform for mobile games that automatically creates personalized in-app purchase offers for each player in real time to boost revenue and LTV.

First Circle

Type

Fund


Description

First Circle Capital is a venture capital firm focused on seeding the next generation of fintech in Africa. They invest in founders who are building a more inclusive future in Africa using technology. The team comprises seasoned operators, investors, and advisors, making it a fund built by founders for founders.

Frozen Monkey Games

Type

Gaming


Description

Frozen Monkey Games is a startup that develops Free to Play, web3 enabled, games for the masses. Their mission is to deliver character-based multiplayer games to a broad audience, by creating “Free to Play & Own” systems driven by social interactions in the community. They are currently working on a game called "Lootout".

FOV Ventures

Type

Fund


Description

FOV Ventures is the go-to fund in Europe for ambitious founders building the next era of compute. One where the digital and physical world blend seamlessly.

Funcraft

Type

Gaming


Description

FunCraft is a San Francisco-based mobile game development company that specializes in creating engaging and fun daily ritual games. Founded in 2019, the company is known for games like Wordgrams, Spelling Bee, Merge Kingdoms, Jigsaw Adventures, Go West, and Word Sweets. The team comprises industry veterans with experience at major gaming companies and startup gaming studios.

Jido

Type

Gaming


Description

Jido was bought by Roblox.

Kausal

Type

Technology


Description

Kausal is a digital platform that assists cities in transforming their climate goals into actionable plans. The platform provides a software as a service (SaaS) solution for setting clear climate goals, building actionable climate plans, and tracking progress. It offers tools for collaboration, communication, management, and monitoring of climate plans. The company is used by over 30 cities and municipalities across three continents.

Leetify

Type

Gaming


Description

Based in Stockholm, Sweden, founded in 2019, offers an AI-based platform for gaming analysis and coaching.

MVision

Type

AI


Description

MVision AI, based in Finland, is a pioneering cloud-based software service provider for radiotherapy treatment planning. Using their AI-powered automatic segmentation tool, they standardize contouring and automate segmentation, streamlining workflows and maintaining high-quality standards for each patient. Their deep learning model offers consistent contouring within minutes

Mutable.Ai

Type

AI


Description

Mutable.ai is a company that provides AI-accelerated software development tools, enabling users to build fast and high-quality code. The company offers features like AI Autocomplete, production quality code with one click, and prompt driven development. Acquired by Google.

Nemein

Type

Technology


Description

Nemein was acquired by Anders Innocations.

Netmaker

Type

Technology


Description

Netmaker offers a WireGuard® VPN service that unifies devices into a secure, fast, and reliable overlay network. The platform automates the creation of a "superhighway" between devices, clouds, virtual machines, and servers, transcending NATs, firewalls, and subnets. It simplifies the complexities of managing disparate networks by providing a secure overlay network that spans all devices and locations, with a central control plane for comprehensive network control. Netmaker's service ensures secure machine connectivity, wherever they are​.

Next Games

Type

Gaming


Description

Next Games, now a Netflix Studio, is a company that creates engaging mobile games based on popular movies and shows. They focus on fan-centric game development and are known for their game "Stranger Things: Puzzle Tales". In 2022 Next Games was sold to Netflix.

Operating

Type

Technology


Description

Operating is an AI platform for professional services and consulting firms that helps automate resource planning, staffing, time tracking, invoicing, forecasting, and project financials.

Oura

Type

Technology


Description

Oura is a Finnish health technology company behind the Oura Ring, a smart ring and membership platform that tracks sleep, activity, stress, heart health, and other biometric signals to help people understand and improve their wellbeing.

Prenew

Type

Technology


Description

Prenew is building a managed recommerce platform for gaming PCs, turning a fragmented used-hardware market into a trusted buy-and-sell experience with refurbishment, warranty, logistics, and strong early customer proof.

Ready Player Me

Type

Gaming


Description

Ready Player Me (formerly Wolf3D, originally Wolfprint 3D) was an Estonian technology company that provided services to create cross-platform 3D avatars for games. Acquired by Netflix.

Ridable

Type

Technology


Description

Ridable is building the golf simulator equivalent for horse riding, combining a realistic physical horse simulator with an interactive virtual riding environment for training, entertainment, and accessible indoor equestrian experiences.

Sneaky Panda

Type

Gaming


Description

In stealth mode. Shh.. it's a secret.

Speechly

Type

AI


Description

A Finnish company founded in 2016, provides patented, superfast speech recognition technology for various applications and supports 99 languages.

Stoke Games

Type

Gaming


Description

In stealth mode. Shh.. it's a secret.

Superangel

Type

Fund


Description

Superangel.io is an early-stage funding platform for tech companies aiming to improve the world. Based in Tallinn, Estonia, it typically invests between €100k and €500k in pre-seed or seed rounds, focusing on AI & Robotics, Mobility & Logistics, and Fintech & SaaS.

Superbloom

Type

Gaming


Description

Superbloom Games is a lifestyle games studio founded in 2021 by Emily Yim and Ksusha Zito, with the aim of creating next-generation social games for women. The company is female-led and headquartered in New York. They are currently building their core team and testing their first game concept, with a planned launch in 2023.

Syncle

Type

Technology


Description

Syncle is a smart ecommerce product content platform that helps brands and retailers manage, format, distribute, and track images, videos, and product data across retail channels with less manual work. (Previously known as Videoly)

Syncle

Type

AI


Description

System 2 AI is a Helsinki-based AI research company building systems that learn continuously from real-world experience, improving their reasoning, planning, and world models while operating.

Talewind

Type

Gaming


Description

Founded in 2021 and headquartered in London, is an operator of a gaming studio. The company offers games filled with quirky characters, fun, and secrets, targeting the new wave of metaverse platforms.

Wave Ventures

Type

Fund


Description

Wave Ventures is an early-stage venture capital firm backing the next generation of exceptional European founders earlier than anyone else.

Meet the team

Otto Keravuori

Gets things done. No drama, no buzzwords, just results. Otto has been building companies and fixing problems for nearly 30 years - so if it sounds hard, he’s probably already done it (at least twice).

Pietari Päivänen

Serial entrepreneur, investor, and part-time fly fisherman with questionable patience for both founders and fish. Pietari backs bold ideas, asks uncomfortable questions, and knows when to double down - or walk away.

Kalle Hiitola

Engineer by trade, sailor by choice. Kalle has spent decades untangling complex systems and occasionally escaping to open water to stay sane. If it’s broken, overcomplicated, or both, he’ll simplify it.

Linnoitustie 3
02600 Espoo, Finland

info@nuard.com