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28 Nov

Countries
Finland

Finland will build a drone manufacturing plant with the participation of Ukrainian companies

The project's aim is to scale up production capacity for Ukraine's needs and launch drone production in Europe. Mass production is expected in H1 2025.

30 Jul

Countries
Finland

Finnish Oinride raises €345k in pre-seed to expand its robotic solutions for mining

Oinride, a Tampere-based startup developing mobile robotics solutions for the mining industry, has raised €345,000 pre-seed investment. The funding round was led by EIT RawMaterials, and will enable Oinride to accelerate the development and deployment of its mobile robotics in the

29 Jul

Countries
Finland

Finnish foodtech Onego Bio secures €14M from EIC Accelerator and Seria A investors

The Helsinki-based startup Onego Bio developing a bio-identical egg protein has secured the fresh €14 million from EIC Accelerator and additional Series A investors. Just three month earlier, Onego Bio raised €50.5 million, bringing the company’s total funding to €65

24 Jul

Countries
Finland

Finnish VC Inventure invests in Valo.ai to solve SaaS chaos in enterprises

Finnish venture capital firm Inventure has invested an undisclosed amount in Valo.ai, a San-Francisco-based software development startup. Spintop Ventures and notable angel investors from the cybersecurity field joined the funding round. About Valo.ai Investment details “Many SaaS security posture management

17 Jul

Countries
Finland

Finnish Failup Ventures co-leads itselectric’s $6.5M round with Uber

itselectric, a Brooklyn-based electric vehicle curbside charging company, has announced its $6.5 million seed round. The investment was led by Failup Ventures and Uber and will help to support its deployments across seven cities in the United States in 2024.

11 Jul

Countries
Finland

AMD acquires Finnish startup Silo AI for $665M to expand enterprise AI solutions

AMD has announced the signing of an agreement to acquire Silo AI, the Finnish private AI lab, in an all-cash transaction valued at approximately $665 million. This will help AMD improve the development and deployment of AMD-powered AI models and help

04 Jul

Countries
Finland

Tietoevry Create plans to cut 4% of its workforce, including 70 employees from the Ukrainian office Infopulse

The international IT company Tietoevry Create plans to lay off 400 employees, mainly affecting competence centers in Bulgaria, Ukraine and India, according to the company’s website. Overall, the company employs 10,000 people across 23 countries in Europe, Asia, North and

03 Jul

Countries
Finland

Finnish startup Cluby receives €2.9M investment to expand its digital platform for restaurants

Cluby, a Helsinki-based startup providing a digital platform for restaurants to connect with their customers, has received €2.9 million in a seed investment round. Vendep Capital is the lead investor in the round. The startup intends to expand its services

03 Jul

Countries
Finland

Finland’s Inventure co-leads €4M seed round for the Swedish startup Steep

The Stockholm-based startup Steep has raised €4 million in a seed funding round led by Connect Ventures and the Finnish VC firm Inventure. The fresh funding will be used to accelerate product development, expand the team, and reach more companies

27 Jun

Countries
Finland

Finnish startup Valpas raises €4M in seed funding led by Zenith Venture Capital

Valpas, a Helsinki-based startup specializing in pesticide-free solutions to keep hotels bedbug-safe, has raised €4 million in a seed funding round. The investment was led by Zenith VC, and will be used to expand the existing Valpas affiliation into 1000+