April 23, 2020
DAILY BRIEF: Learning through gaming, funding, health technology, design and AI
Hatch Kids is launching its safe and fun gaming app for 2-8-year-olds in the UK and Ireland.
All the daily Finnish business news that works: Reworks, Valo Therapeutics, Hatch Kids and dSign Vertti Kivi & Co make headlines.
Reworks raises coin for a home design game, Valo Therapeutics innovates in cancer care, Hatch Kids lands in the UK and Ireland, dSign Vertti Kivi & Co plans vessel interiors for Tallink, and Finnish AI research bears fruit in dentistry.
Finnish startup Reworks has raised four million euros in a funding round led by EQT Ventures, with participation from Finnish VC funds Play Ventures and Big Bets. The funding will be used for its debut home design game, Redecor, launching globally today. The company pushed forward the launch date as many people are spending more time at home during the coronavirus pandemic. Reworks was founded in 2018 by the former team of Sumoing, the studio behind the global hit colouring app for adults Recolor.
Finnish immunotherapy company Valo Therapeutics (Valo Tx) is combining technologies with Norwegian company Targovax to develop a new platform that could support novel therapies for hard-to-treat solid tumours. The partners intend to evaluate Valo Tx’s PeptiCRAd technology as a tool to coat ONCOS oncolytic adenoviruses with Targovax’s TG mutant RAS peptides in order to direct immune responses against mutant RAS directly to the tumour site. If successful, the partnership could lead to the development of a first-in-class oncolytic virus engineered to induce mutant RAS immune responses.
Finnish children’s gaming app Hatch Kids has launched in the UK and Ireland after a warm reception in the Nordics. The subscription-based app doesn’t include any ads or in-app purchases and features games that are carefully selected to support early-childhood learning. The service includes games for toddlers that help to develop motor skills and cognitive abilities, such as Sago Babies, Shapes and Colors, and My Hungry Caterpillar. Preschoolers can boost their imagination and learn skills such as chemistry and programming with Toca Lab: Elements, Pepi Wonder World and others. There are over 90 titles on the platform, which is available on Android and launching on iOS later this year.
Finnish design company dSign Vertti Kivi & Co is collaborating with Estonian shipping company Tallink on the interior design concept of the LNG-powered MyStar vessel being constructed at the Rauma shipyard in Finland. The vessel will have a crisp Scandinavian look with touch-friendly materials and inspired by the Baltic Sea. The agreement builds on past a collaboration, where dSign Vertti Kivi & Co created the interior design of Tallink’s current flagship, MegaStar. The new vessel is scheduled to start regular operations on the Helsinki-Tallinn route at the beginning of 2022.
Researchers at the Finnish Centre for Artificial Intelligence (FCAI), Tampere University Hospital, Planmeca and The Alan Turing Institute have developed an AI solution for determining the location the mandibular canal, a crucial piece of information for planning a dental implant operation. Read more about it in our breaking news article by following the link in the headline.
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