Countries. Finland

Finnish startup Monidor raises $1.1 million

Oulu-based Medtech startup Monidor, a developer of digital health-monitoring devices, has closed its latest investment round worth $1.1 million. The round was led by the deep tech fund Voima Ventures and Innovestor. Previous, Monidor has been supported by Butterfly Ventures

Sparkmind.vc invests $829K in Finnish startup Playvation

Playvation, a Helsinki-based startup, focusing on digital language learning solutions, has raised $829K funding in a seed round led by Sparkmind.vc. Playvation has raised a total of $1.7 million since its inception in 2015.   Founded in 2015 by the CEO

IQM Finland Oy raises $20.7 million to introduce quantum computers to society

Finnish startup IQM has raised $20.7 million on Jun 12, 2020, from a Series A round: $18 million equity investment round from the EIC Accelerator program for the development of quantum computers and $2.7 million from the Business Finland government

Finnish startup Bob W raises $4.7 million to expand its “ridiculously clean standard” hotel across the Nordics, Baltics, and the UK

Bob W, a Helsinki-based hospitality startup, has raised $4.7 million in a seed round led by byFounders, with the assistance of Nordic and Baltic real estate investors NREP and Kaamos. Additional investors include Baltic VCs Superangel and United Angels, and

Finnish startup Swappie raises $42.3M to sell refurbished iPhones across Europe

Swappie, a Helsinki-based end-to-end online marketplace for buying and selling refurbished smartphones, has closed a $42.3M Series B funding round. Backers in the round included TESI, Lifeline Ventures, Reaktor Ventures, and Inventure. Swappie has raised a total of $46.8M in

Helsinki’s Basemark raises $8.2M to accelerate growth in the field of Autonomous Vehicles

Basemark, a Finnish startup specializing in graphics and autonomous driving vehicle software, has profitably concluded an $8.2M equity funding round by ETF Partners (Environmental Technologies Fund). ETF Partners supports talented entrepreneurs and management teams with investment capital and experience. Their

Traplight launches Battle Legion worldwide and raises $9M

Finnish startup Traplight launches a new mobile gaming title Battle Legion and announces a $9 million funding round. EQT Ventures led the investment with further participation from Play Ventures, Initial Capital, and Heartcore Capital. TrapLight Games has raised a total

Finnish startup Varjo receives $54 million Series C funding

Helsinki-based Varjo, an advanced industrial-grade VR/XR, has closed a Series C round worth about $54 million. The investors in this round include existing investors Lifeline Ventures, Atomico, EQT Ventures, and Volvo Cars Tech Fund as well as the new ones,