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Home COUNTRY SCANDINAVIA&BALTICS

Open-source startup GitHits closes €1.5 million to in pre-seed funding for product development

EU Startupsby EU Startups
June 16, 2026
Reading Time: 3 mins read
in SCANDINAVIA&BALTICS, VENTURE CAPITAL
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Finland-based GitHits has raised €1.5 million in pre-seed funding, which it will use to develop what the company calls the “Google of code search”.

The investors include Finnish VC Vendep Capital, Estonian VC Trind, and notable angel investors such as Peter Sarlin, Zach Shelby, and Jerry Liu.

“Our vision is to index all public open-source code. With this funding, we are launching the beta version of the product today, and the first commercial version later this year,” says CEO Jaakko Timonen.

Founded in 2025, GitHits’ €1.5 million pre-seed sits within an active 2026 European, and Finnish, funding environment for developer infrastructure, AI-assisted software engineering, software supply-chain control and code-adjacent tooling.

Tangled, the Finnish startup aiming to scale a social-enabled code collaboration platform, received €3.8 million in March of this year, and Helsinki-based Avrea who are building an AI-native CI/CD platform for testing and shipping AI-generated code closed €4 million pre-seed last month.  In addition, earlier this week, Cambridge-based Undo closed a €31 million funding round to accelerate development efforts and significantly expand its global market reach.

“OpenAI, Anthropic and Google have left a gap in the market. GitHits doesn’t compete with Codex, Claude Code or Cursor, but complements them by bringing open-source code as context for agents to end retry loops and reduce token consumption,” says CTO Olli-Pekka Heinisuo.

Heinisuo has experience in the open-source ecosystem, previously developing opencv-python, a software package the company says has more than 100 million downloads, which was also used by NASA in its Ingenuity helicopter that flew on Mars.

 “We’d been watching GitHits since it was just an idea, and what convinced us was the team that formed around it. Olli-Pekka is a quiet legend in open source and has lived inside this problem for years. At this stage you invest in people, and this was an easy call,” added Timo Felin, Partner at Vendep Capital.

The idea for GitHits was born when Heinisuo was working at the AI consulting company Softlandia. For years, he had been frustrated by repeatedly giving colleagues the same tip when they could not find information related to open-source code. The tip was based on manual search, and Heinisuo realised the problem could be solved with AI.

GitHits offers AI coding agents a set of tools for finding working examples of open-source implementations, and for inspecting software components, including dependencies and vulnerabilities. To enable that, GitHits is building an AI-native, version-aware index of all public open-source code.

Read the orginal article: https://www.eu-startups.com/2026/06/open-source-startup-githits-closes-e1-5-million-to-in-pre-seed-funding-for-product-development/

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