Countries. Finland

Finland’s e-commerce platform Nosto raises $16M from Mandatum

Finland-founded e-commerce platform developer Nosto has raised $16 million in its latest funding led by Mandatum Asset Management’s Growth Equity team. Already backed by OpenOcean, Wellington Partners, Eurazeo, and Tesi, the round accelerates Nosto’s mission to make every impression relevant.

Maki.vc invests in CarbonCloud during a €7.5M Series A round

Sweden-based startup CarbonCloud, a climatetech SaaS solution for the food industry, has received a €7.5 million Series A round of funding led by Cusp Capital and Peak. Finnish firm Maki.vc also participated in the funding, Silicon Canals reports. “CarbonCloud provides this

Finnish startup Safegrid raises €5.7M for its Smart Grid monitoring solutions

Helsinki-based startup Safegrid has raised €5.7 million in a growth round of funding. Ajanta Innovations led the round, which also saw participation from Tesi, Grid.VC, and several angel investors, to accelerate Safegrid’s international expansion. “This urgent investment drive and subsequent need

Finnish Sisu Game Ventures сo-leads €4.7M round for Unagi, French Web3 games developer 

The Paris-based blockchain gaming studio Unagi has received €4.7 from early-stage VC Sisu Game Ventures with participation from other investors. This is Unagi’s fourth round of funding, and it will spend for further development and staff expansion, Tech.eu reports.

Finnish company Valo Therapeutics secures €2.23M from EIC

Helsinki-based Valo Therapeutics, a developer of adaptable immunotherapies, has secured €2.23 million from the European Innovation Council. The funding will help to progress its innovative PeptiCHIP technology, FinSMEs informs.

Finnish climate tech Infrakit receives €6M of capital loan from Climate Fund 

The Espoo-based Infrakit, a cloud service for infrastructure construction projects, has received a €6 million capital loan for the development and commercialization of sustainability functionalities for boosting emissions reductions in infrastructure building. The investment was led by Climate Fund. ”Infrakit’s

Finnish TILT Biotherapeutics closes €22M financing round

Helsinki-based TILT Biotherapeutics has announced the final close of its €22 million financing round to develop a cancer treatment. Finland’s Lifeline Ventures led the funding round, which will help advance to Phase II the company’s combination trials, Business Wire reports.

Finnish Fingersoft implements 6-hour working day with almost full pay

The Oulu-based mobile game studio Fingersoft has announced that its employees can now work a six-hour day with a 90% of full salary. Earlier, the company experimented with a six-hour workday and a four-day workweek and chose the six-hour workday

Finnish document management startup Ment is acquired by US M-Files

M-Files, a global leader in information management, has acquired Espoo-based no-code document automation startup Ment for an undisclosed amount. With the acquisition, M-Files will deliver robust document automation capabilities that enable new and existing customers to quickly automate their own