Solita's Petronella Posti and Spark's Linda Borelius standing by a tree
 Solita continues its Nordic expansion by joining forces with Swedish data consultancy firm Sparks. Image: Solita
Machinery/Metal products

The daily brief: 22 May 2019

All the daily Finnish business news that works: DelSiTech, Solita and the City of Mikkeli make headlines.

Rasmus Hetemäki

22.05.2019

Finnish healthtech company DelSiTech has secured a Bill & Melinda Gates Foundation grant, Finnish city Mikkeli and St. Petersburg are engaging in a cross-border tech startup collaboration, and Solita is strengthening its position in the Nordics by acquiring Sparks. Click on the headlines for more in-depth information about each piece of news.

DelSiTech receives Bill & Melinda Gates Foundation grant

Turku-based drug delivery and drug development company DelSiTech has secured significant funding from the Bill & Melinda Gates Foundation for the development of long-acting release delivery solutions for injectable contraceptives and HIV antivirals. The company’s technology provides stability for the drug substance and a controlled long-acting release that enables longer treatment periods and fewer injections. Image: Facebook/DelSiTech

Mikkeli and St. Petersburg start tech startup collaboration

The City of Mikkeli’s development company, MikseiMikkeli, has entered into a collaboration agreement with St. Petersburg’s Technopark of Saint-Petersburg with the purpose of supporting cross-border co-operation between tech startups. The partnership offers Mikkeli an opportunity to attract Russian businesses that are looking to enter EU markets. MikseiMikkeli is also involved in different projects of the South-East Finland – Russia CBC cross-border development programme. Image: Visit Mikkeli

Solita and Sparks join forces

Finnish technology, strategy and design company Solita is acquiring Swedish data consultancy Sparks. The acquisition will strengthen Solita's presence in the Swedish market and support its goal of becoming the leading Nordic digital transformation company. Following the acquisition, Solita will employ more than 820 experts in Finland, Sweden, Estonia and Germany. Sparks reported a net revenue of 3.1 million euros in 2018, and its customer base consists of 70 active clients ranging from startups to large corporations.

Finnish technology, strategy and design company Solita is acquiring Swedish data consultancy Sparks. The acquisition will strengthen Solita’s presence in the Swedish market and support its goal of becoming the leading Nordic digital transformation company. Following the acquisition, Solita will employ more than 820 experts in Finland, Sweden, Estonia and Germany. Sparks reported a net revenue of 3.1 million euros in 2018, and its customer base consists of 70 active clients ranging from startups to large corporations. Image: Solita

Latest news

A scientist with protective goggles holding samples in a lab
Health Technology
Healthtech innovation is thriving in Finland
Thiyagarajan posing for the camera
Finland Works
My career: from start to Finnish
Aerial view of water, road, driving cars, and forest on a summer day
Traffic/logistics
Wheels are turning in Finnish automotive sector