May 14, 2020
DAILY BRIEF: Student wellbeing, workplace and construction solutions, telecom, fashion and design
School Day is concerned with students' wellbeing.
All the daily Finnish business news that works: Billebeino, Tractr, Congrid, Derigo, School Day, Nokia and Finnish design competition make headlines.
Billebeino and New Balance release new clothing, Tractr and School Day raise coin, Congrid and Derigo innovate in construction, Nokia collaborates with Microsoft, and Finnish companies are recognised with Fennia Prizes.
Finnish lifestyle brand Billebeino and American brand New Balance are launching a new joint clothing collection today, on 14 May. The collection consists of T-shirts for both women and men, two caps and the uniquely coloured men and women’s sneaker NB x BB 997. The brands released their first joint collection almost exactly a year ago, consisting of shirts, pants, caps, a jacket and a sneaker, which was sold out in less than 24 hours. The idea for the collaboration originated in a Finnish sauna after a game of badminton. The new clothes and sneakers can be bought exclusively from Billebeino’s online shop.
Facebook / Billebeino
Finnish property technology startup Tractr has raised 1.85 million euros from Lifeline Ventures, and existing investors Halton Group and Reaktor. Tractr’s solution enables companies and institutions to use space more effectively and brings more revenue to property owners with its network model developed at Aalto University, MIT and Tongji University. Adaptable workplace solutions are becoming increasingly relevant, especially during the coronavirus pandemic.
Finnish ICT service providers Congrid and Derigo have started a collaboration with the goal of improving overall quality and occupational safety management in the construction sector. The two companies have developed a solution that combines Derigo’s Pro3 project management tool and Congrid’s systems through open interfaces to enable better decision-making at all levels, from the construction site to top management. The traditional construction sector is quickly adopting ICT solutions to digitalise operating processes.
Finnish edtech startup School Day has raised 1.1 million euros in a seed-funding round led by Sparkmind.vc, with participation from new and existing investors including Lifeline Ventures and angel investor John Martin. School Day collects and analyses real-time student survey data to provide teachers and school leaders with insights into the wellbeing of students. The funding will enable the Finnish startup to expand in key markets, such as the US, as well as grow its core team. School Day has also recently seen its remote solution, School Day @Home, used by schools in some 25 countries.
Finnish telecom equipment provider Nokia is participating in the Microsoft-led SONiC initiative, an open-source network operating system used in the data centres of some of the world’s largest cloud-service providers. Leveraging its extensive experience in building some of the world’s largest IP networks, Nokia has developed a robust chassis-based SONiC implementation to meet the requirements of high-capacity data centres. Nokia is committed to making significant development investments in data centre networking.
A number of Finnish companies have been recognised in the Fennia Prize design competition. The winners are Dottir Attorneys, Planmeca, Woodio and the City of Turku, while Konecranes received an honourable mention for use of intellectual property rights. Read more about it in our breaking news article by clicking the link in the headline.
Facebook / Woodio
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