The economy of Finland is 46th largest in world, with a nominal GDP of USD 303.95 billion. Finland economy is dominated by its service sector, comprising 69.1% of the GDP and employing 74.81% of the labour force. Germany is the largest trading partner of Finland.
Finland has a thriving startup ecosystem supported by key factors like its location, access to sea routes with modernised ports, development of industries, developed cooperative banking sector, developed social market economy, rich in natural resources and also developed in exports top-ranked educational institutions and government regulations. The majority of Finland startups are located in Helsinki and Espoo.
We, at Tracxn, keep a track of the latest happenings in the world of startups and their associated ecosystems - including venture capital funds, private equity funds and investment banks amongst others.
In this edition, we have the ‘Soonicorn Club of FinlandTech 2025’– an exclusive list of the most promising FinlandTech startups that have also reached significant valuation milestones over the previous few years.