Countries. Finland

Finland’s Kvanted leads €2M investment in Danish SynergyXR

Danish startup SynergyXR has secured a €2 million investment from the newly launched Finnish investor Kvanted. The capital injection will support the development of the the startup’s XR-driven industrial transformation solution. In today’s dynamic digital landscape, transformation is not just about

Nordic Science Investments launches university-focused €60M fund

Finland’s Nordic Science Investments (NSI) has announced the first closing round for its €60 million fund. The fund will be used to provide growth capital and support to the deeptech spin-out startups from universities across the Nordics. Nordic universities constantly

EIC Accelerator invests €285M in deeptech startups — several are from CEE

European Innovation Council has selected 42 companies to receive funding following the final 2023 EIC Accelerator cut-off in November. Among selected startups are Bulgarian Smart Farm Robotix, Finnish IQM Finland, Slovakian Powerful medical, and more. About the fresh EIC Accelerator program 242

Finnish Boksi acquires the influencer, a German marketing agency

Helsinki-based company Boksi has announced the acquisition of the influencer, a German marketing agency. The acquisition will help to expand Boksi’s efforts to Central Europe. The amount was not disclosed. Joining forces with the influencer is a big step for us.

Startup of the Day: Koite Health, a Finnish healthtech startup

Koite Health is an Espoo-based health technology company co-founded by Sakari Nikinmaa and Tommi Pätilä. The startup offers Lumoral technology, a medical device based on light-activated antibacterial solutions for treating and preventing oral diseases.

Finland’s Desentum raises €12M to advance allergy vaccine development

Desentum, a Finnish biopharmaceutical company, has raised €12 million in a funding round led by an investment service company Springvest Oyj. Desentum intends to use the fresh capital to continue clinical development and preclinical testing of various allergy vaccines. We have

DealGuru secures €890k from Finnish backers Innovestor and Gorilla Capital

Swedish e-commerce startup DealGuru has secured around €890,000 (SEK 10 million) in an oversubscribed seed round. Helsinki-based venture capital firms Innovestor and Gorilla Capital provided the capital to help build the largest e-commerce community in Sweden. The feedback from our

Finland’s CapitalBox launches new SME-focused collateral lending with loans up to €1M

CapitalBox, a European fintech lender, has informed AIN.Capital about the launch of its new collateral program for small- and medium-sized enterprises with loans up to €1 million. It marks an expansion in CapitalBox’s lending offering. We’ve made these loans as

Finland’s Bob W raises €40M in a Series B funding

Helsinki-based tech-enabled hospitality operator Bob W has announced the closure of its €40 million Series B funding round. The round was led by Evli Growth Partners and joined by growth capital investors and several European angels to accelerate the startup’s growth.