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Euler has closed a €2 million seed round, co-led by Frumtak Ventures and Kvanted
Euler, the Icelandic software startup that leverages deep AI to enhance fault detection in the 3D printing process, today announces a €2mn seed funding round co-led by Iceland’s Frumtak...
Finnish startups have already raised over €1.5 billion at a record pace
Finnish startups have been raising capital at a record pace this year. According to new statistics from the Finnish Venture Capital Association (FVCA), startups raised €400 million in investments...
Finnish startup ecosystem growing robustly despite sluggish economy overall
A joint study by Finnish Venture Capital Association, Tesi (Finnish Industry Investment) and the Finnish Startup Community reveals continued strong growth in Finland’s startup ecosystem, even while the rest...
Evli Private Capital to back Enico’s growth in energy management and storage solutions
Evli Private Capital, a part of Evli Group and specializing in private equity, together with Arvo Sijoitusosuuskunta, has invested EUR 7 million in Enico, an innovative Finnish provider of...
Gorilla Capital Invests in Nano
Gorilla Capital Fund III has made its 40th investment in Nano — a Turku-based SaaS company using AI to help small and mid-sized consumer businesses drive growth and repeat sales. Nano’s platform...
Uncertainty Drives Tech Development: The Growth of Dual-Use and Defence Innovations
Nordic West Office, Hannes Snellman, and the Finnish Venture Capital Association aim to spark dialogue on strategic innovation in times of uncertainty. In connection with our co-hosted Slush warm-up...
Lifeline Ventures launches €400M Fund VI to back Europe’s next wave of unicorns
Helsinki, Finland — October 21, 2025 — Lifeline Ventures today announced the launch of Fund VI, a new €400 million vehicle designed to back Europe’s next generation of category-defining...
Framery and Cactos chosen as winners of the 2025 Building Growth competition
The winners of the Growth Builder 2025 competition, organized by the Finnish Venture Capital Association (FVCA) and PwC, are Framery in the buyout category and Cactos in the VC...
Elcoline: From Varkaus to a renewing force in industrial services
Elcoline has grown from the idea of young founders in Varkaus into a leading Nordic provider of technical industrial services. The company delivers demanding installation projects and maintenance services...
Gorilla Capital Fund III has made its 39th investment in Dashboa
Gorilla Capital Fund III has made its 39th investment in Dashboa - reshaping how companies compete for online visibility in the age of AI Competing online today is like...
Over 1,400 completely new jobs – private equity and venture capital-backed companies go against the tide
A new impact study by the Finnish Venture Capital Association (FVCA) and PwC shows that private equity and venture capital investments act as a strong engine for the renewal...
Norrin: Bold in vision, flexible in everyday life
Norrin has been named the fastest-growing IT company in Finland for 2024 and H1-2025 (Witted Insights). The growth company helps organizations build AI-resilient data architectures and harness artificial intelligence...