July 2, 2020

DAILY BRIEF: Impactful gaming, branding, merger and acquisition, healthcare AI and universities

Planet Patrol game poster
4Good Games develops mobile games with a social impact in the real world.
4Good Games

All the daily Finnish business news that works: 4Good Games, Metso Outotec, Kurio, Miltton, Neste, Netprofile, SEK, Silo AI, Firstbeat and Finnish universities make headlines.

Metso Outotec starts operations following a merger, Kurio, Miltton, Neste, Netprofile and SEK are recognised at the SABRE Awards, Silo AI partners for computer vision in healthcare, Firstbeat Technologies sells its analytics division, 4Good Games raises seed funding, and Finnish universities make global rankings.

Metso Outotec starts operations

Metso Outotec, a new leading company in the aggregates, minerals, metals and recycling industries, has started operations following the merger of Finnish company Metso’s minerals business and Finnish company Outotec. Headquartered in Helsinki, Metso Outotec employs over 15 000 people in more than 50 countries and had illustrative combined sales of around 4.2 billion euros in 2019. The company will focus on sustainable minerals and metals processing and recycling technologies, offering a vast product portfolio, global services network and significant R&D capabilities.

Metso Outotec

Finnish creative agencies win big at SABRE Awards

Several Finnish companies have been awarded at the SABRE Awards EMEA 2020 recognising the best that the communications industry has to offer in Europe, the Middle East and Africa (EMEA). The biggest Finnish winner on the night was Kurio, which was awarded as Digital Consultancy of the Year, as well as for three campaigns it carried out for Neste, Mantsinen Group and Microsoft. Finnish consultancy Miltton was recognised with the Best in Brand Film/Video award, while Neste won the Nordics series with its Zero Island campaign. Netprofile earned the PR Agency Citizenship award for its socially meaningful work, and SEK received three honourable mentions, including for its Rent a Finn campaign with Visit Finland.

Kurio

Silo AI and Philips to develop computer vision in healthcare

Finnish company Silo AI has teamed up with health technology company Philips to develop artificial intelligence (AI) solutions in healthcare. The companies have built a computer vision solution that analyses MRI images to detect organs for 3D segmentation, a critical process in radiotherapy. The solution leverages Silo AI’s computer vision experience and Philips’ healthcare expertise. The algorithms could generate information that can be used for novel radiotherapy planning purposes, which can lead to more efficient workflows and support patient-centric care in radiotherapy.

Silo AI

Firstbeat sells analytics division to Garmin

Finnish company Firstbeat Technologies has sold its consumer technologies licensing business, Firstbeat Analytics, to technology company Garmin, as it renews its focus on corporate wellness and sports. The company will later this year introduce a new corporate wellness solution called Firstbeat Life, which consists of a personal sensor, a motivating app for employees, holistic tools to manage corporate wellness strategies and access to personal coaching. Its new Firstbeat Sport Live app is also supporting the remote training of professional athletes from its client list of teams in the NHL, NBA, NFL and elite football leagues around the world.

Firstbeat Technologies

4Good Games completes seed funding round

A plant growing in a lightbulb

Finnish startup 4Good Games has closed a seed funding round launched to develop free-to-play casual mobile games with social impact at their core. The round was led by the 4Good’s co-founder and vice chairperson, Jukka Pihlman, with participation from Finnish game industry veterans such as Rovio founder Niklas Hed, ex-Supercell lead Jouni Utriainen and Frogmind’s Teemu Mäki-Patola. The startup aims to make every playing session feel meaningful by connecting in-game actions to real-world impact. It will also channel up to half of its profits to supporting the UN’s Sustainable Development Goals (SDGs), with a particular focus on the environment.

Pexels

Global rankings recognise new wave of Finnish universities

Finland’s Aalto University and Tampere University have been recognised as some of the world’s best academic institutions under the age of 50 by Quacquarelli Symonds (QS) and Times Higher Education (THE). Read more about it in our news article by clicking the headline.

Tampere University

Good News from Finland and Visit Finland are both part of Business Finland.

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