A wind farm
 Taaleri Energia is expanding its wind farm portfolio. Image: Unsplash
Daily Brief

DAILY BRIEF: Wind energy, funding, acquisition, construction, gender equality and sustainability

All the daily Finnish business news that works: Taaleri Energia, CHAOS, Smidyo, Usetrace, Finnish gender equality and sustainable companies make headlines.

Rasmus Hetemäki

28.01.2021

CHAOS secures funding, Smidyo streamlines a renovation service, Taaleri Energia invests in Polish wind energy, Usetrace is acquired by Tarmac, Finland does well in the Gender Diversity Index, and three Finnish companies rank among the world’s most sustainable. Click on the headlines for more in-depth information about each piece of news.

Proptech firm CHAOS raises EUR 1.5 million

Three CHAOS team members standing by computers

Finnish property technology platform CHAOS has raised 1.5 million euros in a round led by sustainability-focused Swedish investment firm Nidoco, with participation from angel investors Kai Keituri, Tapio Heikkilä and Stefan Lindberg. The data-driven platform enables real estate investors to forecast how cities grow and evolve and therefore make the right property acquisitions. CHAOS plans to carry out improvements on its forecasting solution in 2021, as well as bring it to new markets worldwide. Image: CHAOS

Crea Design picks Smidyo as technology partner

A screenshot of the Toilet Direct rennovation app

Smidyo has been chosen as the main technology partner of Dutch construction company Crea Design. The partnership will focus on Crea Design’s disruptive toilet renovation service, Toilet Direct, to which Smidyo has integrated an interactive mobile-first configurator that allows the customers to specify their wishes, such as style, budget and accessories. In addition, Smidyo has automated the quoting process, freeing up significant time for Crea Design to spend on business development and planning. The pilot marks Smidyo’s expansion from manufacturing to the construction segment. Image: Crea Design / Screenshot

Taaleri Energia invests in Polish wind farms

Wind turbines on a field

The Taaleri SolarWind II fund managed by Helsinki-based Taaleri Energia has invested in two ready-to-build wind farms in Poland. The fund acquired the wind farms together with renewable energy company Masdar in a project financed by a loan from the European Bank for Reconstruction and Development. The wind farms will have a combined capacity of 51.4 megawatts once fully operational in the fourth quarter of 2021. Image: Taaleri Energia

Tarmac acquires Finnish software firm Usetrace

Person working on laptop

Finnish software automation service Usetrace has been acquired by Tarmac, a global software consultancy. Usetrace has developed an automated testing tool for web applications, allowing browser-based software products to reach market faster. The tool doesn’t require coding or constant updating and helps Tarmac to solve common software development bottleneck issues related to the quality assurance process. Image: Unsplash

Finland ranks fourth in Gender Diversity Index

A meeting with women and men around a table

Finland has placed fourth in the European Women on Boards’ (EWoB) study on gender-balanced governance in European companies. The Gender Diversity Index (GDI) measures the inclusion of women in executive roles and decision-making, giving high marks to a number of Nordic countries. Read our article by clicking the headline. Image: Forum Virium

Three Finnish firms ranked in top-25 worldwide for sustainability

Bottle with UPM's biochemical product

Neste, UPM and Metso Outotec are all listed in the top 25 of the 2021 Global 100, a list of the 100 most sustainable companies in the world by Corporate Knights. Neste is a leading producer of renewable fuels, Metso Outotec provides sustainable solutions in the mining industry, and UPM is a forest industry company. Read more about it by clicking the headline. Image: UPM

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