Zoosh Group to invest in Tampere startup scene
The Irish digital design, development and investment house Zoosh Group is planning to invest in Tampere-based startups and establish an R&D department in the Finnish city.
Zoosh Group is made up of digital services developer Zoosh Digital and its investment arm Zoosh Ventures. On 14 February, it will partake in a Startup Meetup in Tampere to announce its intention to invest in 15–18 Finnish startups over the next year-and-a-half.
The investments are part of a Zoosh Ventures’ investment programme that focuses on providing early stage funding to technology startups innovating mainly in the software-as-a-service (SaaS) and cloud-services areas.
“Our portfolio already holds machine vision, sports, as well as entertainment applications that are united by their scalability to different markets,” said Kimmo Arppe, managing partner at Zoosh Group. “We are not looking for a new Facebook, but for teams that understand their fields and whom we can support in terms of both commercialisation and technology.”
In addition, Zoosh Digital is looking to set up a local research and development centre in Tampere.
“The plan is to first hire 10 to 15 software professionals this year, mainly cloud and web experts and later with other skill sets as well,” said Juha Autio, CEO of Zoosh Digital, Finland.”
Both Arppe and Autio, along with Zoosh Ventures CEO Bert Farrell, will take part in the meetup in Tampere, organised as part of the Six City Strategy co-operation between Finland’s largest cities.