December 11, 2019
The daily brief: 11 December 2019
Sulapac grows its microplastic-free product portfolio and global reach with significant new funding and partners.
All the daily Finnish business news that works: Kyyti, Finnish film and Sulapac make headlines.
Kyyti supplies technology for world’s first public mobility-as-a-service (MaaS) system in Linköping, Finnish film Are You Hungry? is picked for the Sundance Film Festival, and Sulapac secures 15 million euros.
Finnish MaaS startup Kyyti Group has been selected as the technology provider for the MaaS service in Linköping, Sweden, the world’s first by a public service provider. MaaS combines all available mobility solutions, such as buses, taxis and city bikes, into one smartphone application so users can travel around in the most convenient way possible. Earlier this year, Kyyti also won recognition in Sweden as a winner of the Sustainable Mobility Challenge organised by the Swedish Energy Agency.
Teemu Niukkanen’s short film Are You Hungry? (Onko sulla nälkä?) has been picked for the Sundance Film Festival in the US. The film received its world premiere at the Toronto International Film Festival and will have its US debut at Sundance. The short film written by Antti Toivonen is a comedy about a single mother who struggles to connect with her adopted son, who she believes is gay. Worried that he will fall victim to older men preying on young boys online, she sets him up on a date.
Finnish startup Sulapac has raised 15 million euros from Chanel, Mousse Partners, Sky Ocean Ventures, Bonnier Ventures and Lifeline Ventures, along with a group of private investors. The substantial funding allows Sulapac to scale up and further develop its sustainable material innovation for replacing plastic and speed up internationalisation. Sulapac and Finnish company Stora Enso just launched a renewable and microplastic-free straw that will be rolled out first in Europe and later worldwide. A new partnership with Quadpack, an international cosmetic packaging provider, will bring even more sustainability to the global beauty industry.
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