May 25, 2020
DAILY BRIEF: Online therapy, solar power, remote working, games in China and Finnish lighting
Meru Health is offering its online therapy solution with Cigna in the US.
All the daily Finnish business news that works: Savon Aurinkoenergia, Happeo, the Finnish game industry, Meru Health and the Helsinki west metro extension make headlines.
Savon Aurinkoenergia joins forces with Bravida, Happeo expands to Romania, Fingersoft and Small Giant Games invest in MyGamez for an easier entry to China, Meru Health partners with Cinga, and Helsinki west metro is awarded in the Nordics.
Sweden-based Bravida is acquiring a 65-per cent stake in Finnish solar energy company Savon Aurinkoenergia. The Finnish company sells solar energy solutions to households and businesses in Finland, and has 63 employees and a turnover of around 9.3 million euros. The deal will support its growth and development goals, while giving Bravida entry to the Finnish solar energy market. This is Bravida’s seventh acquisition in Finland since it entered the market in 2015.
Finnish employee communications platform Happeo has started recruiting ahead of the opening of an office in Cluj-Napoca, Romania. Happeo combines a company’s news feed and social network into an intranet environment capable of integrating leading workplace-communication tools such as Slack, G Suite and Zoom. The Finnish startup recently secured 12 million US dollars in Series A funding for accelerating its product development and growing its teams in Finland, Romania, the Netherlands and the US.
Finnish game studios Fingersoft and Small Giant Games have participated in a 1.5 million-euro funding round for MyGamez, a company specialised in helping game studios to enter China’s vast but strictly regulated gaming market. The company has developed a portfolio of publishing services that enables Western game studios to navigate the rules and fragmented marketplace in China while remaining firmly in the driver’s seat. Other investors in MyGamez include Helsinki-based Visionplus Fund, Taiwanese group Yellowbell and influential game industry veteran Peter Vesterbacka.
Finnish company Meru Health is offering its online therapy solution to Cigna’s customers in California, Colorado and Arizona in the US. Cigna is one of the largest health insurance companies in the country and has been investing heavily to expand its mental health services with, for instance, high-quality remote care solutions. Meru Health’s platform offers remote support from licensed therapists, a smartphone-based treatment programme, biofeedback and an anonymous peer-support group to people suffering from depression, anxiety or burnout.
The Helsinki metro’s western extension (Länsimetro) has been recognised with the Nordic Lighting Design Award 2020. Read more about in our breaking news article by clicking the headline.
Looking for more good news? Subscribe to our newsletter