Countries. Finland

NATO to launch €1B Innovation Fund for deeptech startups in July. How it will work

NATO Innovation Unit is launching the world’s first multi-sovereign venture capital fund — NATO Innovation Fund (NIF), which will unite 23 allied-countries in order to drive innovation within their markets. This number also includes Finland that has recently announced to

Finland’s Lifeline Ventures raises €150M for its fifth fund

Helsinki-based early-stage VC firm Lifeline Ventures has raised €150 million for the fifth fund — its biggest one to date. Several pension funds backed the firm to allow Lifeline Ventures to continue investing in Finnish startups, Sifted reports.

Finnish Doublepoint raises €3M for its gesture recognition technology 

The Helsinki-based company Doublepoint that offers the technology for detecting touch-based microgestures, surface interactions and more, has raised €3 million round. The funding came from FOV Ventures, Superangel VC, Superhero Capital, Business Finland, and angels. 

Finnish company Aibidia raises €13M in Series A to upgrade global transfer pricing

Helsinki-based company Aibidia has raised €13 million Series A funding round. DN Capital and FPV Ventures co-led the round, with existing investors Icebreaker.vc and Global Founders Capital also participating. “The diligent and steady way Hannu-Tapani and his team have approached the growth of Aibidia,

Finnish wearable tech startup Ōura acquires Proxy in all-equity deal

Oulu-based Ōura, the company providing the smart ring that delivers personalized health data, insights, and daily guidance, has announced the acquisition of US startup Proxy. The amount of the deal was not disclosed. After the acquisition, Proxy’s valuation is $165

Finnish Helen Ventures joins €5M round for Voltfang, climate tech startup

The Aachen-based Voltfang has raised €5 million in a seed round to solve the battery recycling problem with its energy storage systems. The round was led by PropTech1 Ventures, with additional backing from Helen Ventures, Aurum Impact, Eviny, and AENU.

Sulapac, Finnish startup raises financing for its bio-based material innovation 

The Helsinki-based Sulapac, that develops a fully biodegradable and microplastic free material made of renewable and sustainable raw materials, has raised an undisclosed amount of investment from Nefco. The company plans to further strengthens the sustainability of its business operations.

Finland’s platform for electric vehicle charging Virta secures €85M growth funding

The Helsinki-based Virta, a global company that develops smart electric vehicle charging services, has announced a new €85 million funding led by Jolt Capital. The company plans to accelerate its growth in Europe and Asia-Pacific region.

Finland’s mobile game studio Cosmic Lounge raises €4M in a seed round

The Helsinki-headquarted mobile puzzle game startup Cosmic Lounge has raised €4 million in a seed funding round led by Transcend. The fresh investment will allow Cosmic Lounge to continue the expansion of its team and launching the first game. “We