Countries. Finland

Finland’s ecotech startup Fiberwood raises €7.7M in growth investment

The Järvenpää-based eco materials technology startup Fiberwood has raised €7.7 million in a growth investment round from existing investors Metsä Spring and Stephen Industries. The company plans to enter a commercial phase with the aim of international growth for its ecological building insulation

Finnish biotech Enifer closes a €36M Series B round to build its mycoprotein factory

The Espoo-based biotech company Enifer has announced the closure of a €36 million funding package to start constructing a food-grade mycoprotein factory in Kirkkonummi, Finland. The Series B funding round includes a €15 million round led by the Finnish private equity

UK and Finland-based Reactive Technologies raises £25M in a Series D round

Reactive Technologies, a UK and Finland-based company in grid stability measurements, has announced the raising of a £25 million ($31.4 million) Series D funding round. The investment was led by M&G’s Catalyst. It will support Reactive’s global expansion and recruitment

Finland’s Gorilla Capital invests in Lola Panda, an edtech solution for children

The Helsinki-based venture capital fund Gorilla Capital has invested in Lola Panda, the app that provides learning games for children in preschool and early education, developed by the Finnish startup BeiZ. The investment amount was left undisclosed. About Lola Panda

Voima Ventures co-leads a €2.8M investment round for Swedish ArgusEye

The Nordic early-stage investor Voima Ventures has announced to AIN the investment round of approximately €2.8M (32.5M SEK) in the Stockholm-based biopharma manufacturer ArgusEye. Voima Ventures is one of the lead investors along with Eir Ventures. The investment will support

Finnish startup Maire raises €450k in funding

Helsinki-based online demand analytics startup, Maire has announced the raising a €450,000. The investment was backed by Finland’s investors such as Leena Niemistö, Tuomo Riekki, and Tikura Ventures. Billion dollar B2C companies excel at analysing their historical sales figures. What

Finland’s Kvanted leads a €2.65M investment round for RESONIKS

The Hague-based industrial AI-powered startup RESONIKS has closed a seed round in the amount of €2.65 million. The Helsinki-based VC firm Kvanted is the lead investor, joined by Faber and EIT Manufacturing. The round will help to accelerate the startup’s growth and

Finnish space tech Kuva Space awarded a €1.8M ESA contract

Kuva Space, an Espoo-based space tech company specializing in hyperspectral satellite technology and AI-driven insights, has been awarded a €1.8 million contract to participate in the European Space Agency’s (ESA) Civil Security from Space (CSS) program. This funding will bolster