Wello raises EUR 2 million through crowdfunding

February 16, 2018

Finnish wave energy company Wello has closed a successful round on crowdfunding platform Invesdor, reaching its maximum target of two million euros.

Finnish Runtech Systems joins Gardner Denver

February 16, 2018

Runtech’s energy efficient turbo vacuum technology has piqued the interest of US-based supplier of industrial equipment and technologies Gardner Denver, who decided to acquire the Finnish company.

TactoTek secures EUR 18.5 million funding

February 15, 2018

Finnish TactoTek, a leading developer of injection molded structural electronics (IMSE) solutions, has raised 18.5 million euros in a series B funding round.

Investments

Finland tops rankings for foreign direct investment

February 14, 2018

A number of Finnish regions and cities have been recognised by Financial Times’ fDi Magazine, in its Europe-wide survey of foreign direct investment (FDI).

Sarokal boosts Siemens’s 5G aspirations

February 13, 2018

Finnish company Sarokal Test Systems, specialised in innovative test solutions for fronthaul networks, is to be acquired by technology giant Siemens.

Zervant raises EUR 6 million in funds

February 13, 2018

Espoo-based e-invoicing software developer Zervant has received a capital boost from a group of investors led by Finnish Industry Investment (Tesi), Northzone, NFT Ventures and Conor Venture Partners.

Finnish mobile game pioneer acquired by Animoca

February 12, 2018

Tribeflame, a Turku-based tablet game developer, is the second domestic game studio to be snapped up by Animoca Brands since mid-2016.

Granlund Consulting makes its way to the UK

February 9, 2018

Helsinki-based Granlund Consulting has extended its portfolio offering and expanded to the UK by acquiring Greenfield Consulting and a majority stake in Greenfield Nordic.

Real estate disruptor Blok bags fresh funding

February 8, 2018

Finland’s first digital real estate company, Blok, has closed a 1.6 million-euro funding round. The company challenges traditional real estate agents with its automated broker service and low commission charge.

Cerenion funded for cutting-edge brain monitoring

February 7, 2018

Finnish Cerenion has raised 500 000 euros in seed funding for its groundbreaking brain monitoring technology, that holds great potential for improving intensive care treatment.

Inventure launches Finland’s largest early-stage tech fund

February 5, 2018

The third venture capital fund from Inventure aims to support the growth and internationalisation of early-stage technology firms in Finland, the Baltics and the Nordics.