KONE steps up in Asia
Finnish lift and escalator giant KONE has acquired Hong Kong-based Shan On Engineering Company Limited to boost its position in Asia.
Immersal bags coin for its AR product
Finnish mixed reality company Immersal has closed a half-a-million euro seed round from prominent investors, just in time to open a Series A round.
3DBear reached more than a million
Helsinki-based edtech software company 3DBear has raised over a million euros of seed funding from both new and existing investors.
Aalto’s new programme bags almost EUR 3 million
The European Commission has granted 2.9 million-euro funding for Aalto University’s master’s programme in Security and Cloud Computing (SECCLO).
Telefuusio continues operations under Instalco
Helsinki-based electrical installation company Telefuusio has been acquired by Swedish installation group Instalco.
TinyApp finds funders for early education
Finnish startup specialising in mobile early childhood education services has gathered a total of 160 000 euros in a seed funding round.
Skaala joins the International Window Network
Finland’s second-largest window and door manufacturer, family-held Skaala Group, has sold 80 per cent of its shares to the Austrian-based International Window Network (IFN Group) consortium.
Paroc deal reached at EUR 900 million
Finland-based Paroc Group is set to be acquired by Fortune 500 company Owens Corning, from its current owner CVC Capital Partners, for an enterprise value of approximately 900 million euros.
Teleste takes over German iqu Systems
Through the acquisition, Teleste strengthens its offering of passenger information solutions for the public transport industry.
Nexstim goes commercial with new funding
Medical technology company Nexstim is raising 1.75 million euros in equity financing via a directed issue of new shares to a UK-based fund.