Finnish startup Flow Computing secures €4M in a pre-seed funding

Flow Computing, a Helsinki-based startup specializing in on-die ultra-high-performance parallel computing solutions, has announced a €4 million in a pre-seed funding round. The investment was led by Butterfly Ventures and will accelerate Flow’s development of its Parallel Processing Unit technology.

About Flow Computing

  • Founded by Timo Valtonen, CEO, Martti Forsell, CTO, Jussi Roivainen, Chief Designer, the company develops a Parallel Processing Unit (PPU) licensable architecture and compiler ecosystem. According Flow Computing, its enables developers to choose their preferred ratio of raw performance for new apps vs. maintaining legacy code and application compatibility when required.
  • Flow’s architecture also turbocharges embedded systems and data centers, for uses such as edge and cloud computing, AI clouds, multimedia codecs across 5G/6G, autonomous vehicle systems, military-grade computing, and more.

A new era in CPU performance has become a necessity in order to meet the continuously increasing demand for more computing performance, driven to large extent by needs in AI, as well as edge and cloud computing. Flow intends to lead the SuperCPU revolution through its radical new Parallel Performance Unit (PPU) architecture, enabling up to 100X the performance of any CPU, regardless of architecture and with full backwards software compatibility,

Timo Valtonen, co-founder and CEO of Flow Computing, said.
  • Flow Computer has been part of VTT LaunchPad, a science-based spin-off incubator, where VTT researchers and technology are brought together with investors out there to renew industries. VTT LaunchPad supports incubator teams to develop VTT-owned IPR into fundable spin-off companies.

Investment details

  • The fresh investment led by the Finland-based VC firm Butterfly Ventures. FOV Ventures, Sarsia, Stephen Industries, Superhero Capital, and Business Finland also participated.
  • As a spinout from the VTT, it maintains an equity stake in Flow Computing and all the patented IP developed over several years during this period has been officially transferred to Flow Computing.

The funding will help to advance product development, secure additional patents, and expand initial discussions with major semiconductor vendor.