Mobidiag raises additional EUR 4 million

May 25, 2018

The Finnish molecular diagnostics company Mobidiag has closed a four-million-euro funding round supported by Finnish investment service company Springvest.

USD 34 million spurs ICEYE’s satellite launches

May 25, 2018

ICEYE, a Finnish microsatellite manufacturer, has raised 34 million US dollars in second-round funding from the likes of True Ventures and Draper Network VC.

MVision AI secures pre-seed investment

May 23, 2018

Finnish startup MVision AI has raised 620 000 euros in pre-seed funding to further develop its technology that improves various cancer treatments by using artificial intelligence and machine learning.

HMD Global raises USD 100 million funding

May 23, 2018

Finland-based startup HMD Global, the exclusive licensee for Nokia’s phones and tablets, has raised an additional 100 million US dollars to scale up operations and fuel growth.

Sulapac secures significant new investors

May 21, 2018

Finnish startup Sulapac has received investments from Mika Ihamuotila and Planvest that will help accelerate the internationalisation and development of its biodegradable alternative to plastic.

Sharetribe raises EUR 1.1 million in crowdfunding

May 18, 2018

Finnish software startup Sharetribe, which is dedicated to helping entrepreneurs and organisations to create their own sharing-economy platforms, needed only 48 hours to smash its crowdfunding target of 500 000 euros.

Finnish startups attract most venture capital in Europe

May 17, 2018

Data from the past five years reveals that Finland is the number one country in European venture capital (VC) investments when the end investments are compared to GDP.

QuietOn says goodnight to snoring

May 17, 2018

Finnish company QuietOn has raised 560 000 US dollars in crowdfunding for its new, upgraded, noise-cancelling earplugs QuietOn Sleep.

Smarp scores EUR 4.2 million in capital

May 4, 2018

London-based VC Nauta Capital has invested 4.2 million euros in supporting Smarp’s expansion amidst growing market demand for the company’s employee communication solution.

Chinese tissue giant acquires stake in Finnpulp

April 27, 2018

Hengan International, the largest manufacturer of sanitary napkins in China, has invested 11.7 million euros in Finnpulp, a company preparing a major greenfield softwood pulp mill investment in Kuopio, Finland.

Aalto and VTT funded for new CERES center

April 23, 2018

Aalto University and VTT Technical Research Centre of Finland are setting up a new bioeconomy competence centre called CERES, which has been selected for Academy of Finland flagship funding.