Traplight captures new millions
The game studio behind Big Bang Racing has completed a funding round of 2.5 million euros, which now takes the total of its investments up to 4.6 million euros.
FocalSpec makes it to millions
Finnish FocalSpec, which specialises in roughness measurement, has raised 3.5 million euros in funding for business development.
Finnish startup investments break new record
Statistics on private investments and venture capital investments in Finnish early stage companies in 2016 reveal growth of 42 per cent on the previous year.
Small Giant Games secures EUR 5.4 million funding
Finnish games developer Small Giant Games has completed a 5.4 million-euro financing round from international investors.
Foreign funding for Ykspihlaja wind farm
Aquila Capital, a key manager of alternative investments in Europe, has signed a purchase agreement with OX2 for the Ykspihlaja wind farm in Kokkola.
RemoteA lands EUR 1.2 million in EU funding
Substantial EU funding has been granted to Finnish company RemoteA to develop algorithms that are intended for studying the electrocardiogram.
Faron Pharmaceuticals raises GBP 5 million
Finnish clinical stage biopharmaceutical company, Faron Pharmaceuticals, has raised five million pounds (approx. 5.8 million euros) in funding, which will go towards the development of its immuno-oncology drug, Clevegen.
Enersize collects new capital
Finnish provider of energy efficient solutions Enersize has completed a private placement to the tune of 1.2 million euros in preparation for its planned initial public offering (IPO).
Jolla goes full steam ahead in China
Jolla, the Finnish mobile company and developer of open mobile operating system Sailfish OS, has announced the birth of a new Sailfish China consortium.
Finnish game company rounds up USD 10 million
Armada Interactive, a Helsinki-based mobile gaming company, has collected 10 million US dollars over two funding rounds for its seed stage financing.