Countries. Finland - page 20

Normet acquires Remion, a Finnish IoT solutions developer

Finnish technology company Normet has acquired the Tampere-based startup Remion Ltd, that designs and implements industrial internet service solutions. The deal was closed in February 2023 without disclosing any financial details. “The change of ownership doesn’t change the focus for

Nordic Foodtech VC invests in Chromologics during €12.6M seed round

Finnish fund Nordic Foodtech VC has invested in Chromologics, a Denmark-based biotech company, during its €7.1 million round of additional funding. The round brought the company’s seed stage to a total of €12.6 million.

Finnish startup Nomentia is acquired by Inflexion

London-based mid-market private equity firm Inflexion has acquired a majority stake in Nomentia, an Espoo-based SaaS startup. The capital came from Inflexion’s Buyout Fund VI, Silicon Canals reports. The companies do not disclose further details of the deal. “Going forward,

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