February 18, 2020
DAILY BRIEF: Sustainable food packaging, a big contract, a green light and pre-seed funding
Optomed's eye screening devices land in Canada.
All the daily Finnish business news that works: Jospak, Caverion, Optomed and Flowstate Games make headlines.
Jospak raises coin for its sustainable food packaging, Caverion wins a big airport security contract in Norway, Optomed gets the green light in Canada, and Flowstate Games bags pre-seed funding.
New Helsinki-based mobile game studio Flowstate Games has secured a pre-seed investment in a round led by Play Ventures. The studio plans to reimagine the casual arcade genre into what it calls deep arcade with the release of its first mobile game in 2020. Its team will be headed by Edvard Groundstroem, former marketing director at Rovio and Dodreams, and also include other Rovio and Dodreams veterans behind such hugely successful titles as Angry Birds 2 and Drive Ahead.
Finnish startup Jospak has collected one million euros in a private placement to ramp up production of its innovative cardboard tray containing 85 per cent less plastic than traditional gas-tight food packaging trays. Jospak now seeks rapid international growth with the help of the WorldStar award and Sustainability award it received from the World Packaging Organization last year.
Finnish company Caverion has signed a framework agreement with Norwegian airport operator Avinor for the installation and maintenance of access control and video surveillance at all of Avinor’s airports in Norway. Avinor is a state-owned company established under the Norwegian Ministry of Transport and Communications and is responsible for operating 44 airports across the country. Worth approximately 50 million euros, the new contract is an extension of a partnership started in 2010.
Finnish medical technology company Optomed has received a medical device licence from Health Canada, allowing it to start commercial operations in the country. The licence covers both the Optomed Aurora handheld fundus camera and OEM-branded camera, Signal. Optomed has previously secured a similar medical device licence for its eye-screening devices in the US.
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