Countries. Finland

Finnish entrepreneurs launch Failup Ventures with €30M initial closing

Failup Ventures has announced the first €30 million closing of its new early-stage fund of €50 million. The fund aims to invest in US and Nordics based pre-seed and seed stage startups. “We are thrilled to launch Failup Ventures as

Finnish Aiven, an open-source cloud data platform, acquires EverSQL

Aiven, a Helsinki-based open-source cloud data platform, has announced the acquisition of EverSQL, a database optimization software vendor. This acquisition aims to integrate EverSQL’s capabilities into Aiven’s platform. “In the first half of 2024, we will offer customers several new

Finnish company Linio Biotech raises €4.2M investment round

Helsinki-based biotech growth company Linio Biotech has raised €4.2 million in a fresh investment round to help commercialise its injectable tissue product worldwide. The round brings the company’s total funding to over €9 million, EU-Startups reports.

Solar Foods, Finland’s sustainable foodtech startup, raises €8M funding round

Helsinki-based Solar Foods that specializes in sustainable food solutions, has secured €8 million in its debut funding round from retail investors in Finland through Springvest Oyj. The investment will help to accelerate its product expansion at their inaugural commercial-scale facility, Factory 01. “We

Finland’s Resistomap secures €2M in funding for its biosecurity intelligence platform

Resistomap, a Helsinki-based biotech startup, has secured €2 million in seed funding led by Ananda Impact Venture and Gaingels, supported by Business Finland‘s grant. The round will help to advance their efforts in combating antimicrobial resistance (AMR). “This funding comes at just the right

Finland’s Moflix closes $3.1M round to accelerate Web3 adoption

Moflix, a startup that provides telecommunication solutions, has announced the raising of a $3.1 million seed funding round led by The Hashgraph Association. The funding will be used to refine and extend its Web3 offerings.  “At Moflix, we aim to build the most

Finnish cleantech SpinDrive raises €3.8M to cut down on industrial energy waste

SpinDrive, a Finland-based cleantech company, has raised a €3.8 million Series A funding round. Rhapsody Venture Partners led the round, with Innovestor and Born2Grow also participating, EU-Startups reports. “Climate change is the biggest challenge of our time, but we often

Justtag Group acquires Relevant Audience to enter the Scandinavian market

Polish company Justtag Group, one of the largest data-as-a-service platforms in CEE, has acquired Relevant Audience, a Finnish business, as it looks to expand into the Scandinavian market. The companies shared the news with AIN.Capital via press release. “We have

Kuva Space, Finnish Earth observation firm, announces €16.6M in a Series A round

Kuva Space has announced the raising of €16.6 million funding round to launch its microsatellite constellation. The investment was backed by Voima Ventures, Nordic Foodtech VC, Earth VC, Springvest, and Business Finland. About Kuva Space: Investors’ list: “We are extremely