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Stephen Industries

Family office funding early-stage healthtech, deeptech and greentech companies with equity tickets of 100K–3M €

Helsinki, FinlandFounded 1992stephenindustries.comWebsite technologies

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  • New on EvolcAdded 2026-10-30

About Stephen Industries

Stephen Industries is an investment company that provides equity funding to HealthTech, DeepTech and GreenTech companies. It was an industrial holding company for its first 30 years and became a single-family office in late 2022, after the sale of its subsidiary Picosun.

It invests in start-ups and scale-ups from pre-seed to Series B, with equity tickets of 100K–3M €. Founders can submit pitches through its website. Its portfolio includes Puzer, a central vacuum cleaner manufacturer, and tech ventures Hycamite, TILT, Sooma, Fiberwood and Stemsight.

The company was founded in 1992 and is headquartered in Helsinki. Its subsidiary Picosun, a deep tech company specialising in atomic layer deposition, was founded in 2004 and sold to Applied Materials in June 2022. Stephen Industries participated in the Series A financing round of Kasvu Therapeutics, a €30 million round announced in September 2026. Kustaa Poutiainen is chairman and founder, and Henna Pihlman has been CEO since spring 2026.

Product: Venture and growth equity investments in HealthTech, DeepTech and GreenTech start-ups and scale-ups, from pre-seed to Series B.

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