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New Tax Decisions Introduced in the Latest Government Budget Session
Alongside the budget proposal for 2022, the Finnish Government published a great number of new tax decisions in its budget session last week. We have put together a brief...
Vendep Capital launches third specialist fund to back B2B SaaS startups in the Nordics and Baltics
Vendep Capital, a specialist early stage B2B Software as a Service (SaaS) investor, has launched a third fund with the first close of 40 million euros. The firm previously...
StemSight Cures Blindness with Stem Cells
Over 12 million people suffer from corneal blindness but with StemSight’s innovation they can gain their sight back. This all female founded team just launched their company and announced...
Melt&Marble raises a €750K seed round to create fats that close the taste gap between animal and plant-based meats
Melt&Marble (formerly Biopetrolia), a company working on fermentation-based production of animal fats, has closed a seed round of €750K led by Nordic FoodTech VC. Other investors include Paulig’s venture...
The Wide Gender Gap in Startup & Growth Company Leadership in Finland Persists: More Women in Top Management Positions than Before, Less on Boards
According to a diversity study conducted by the Finnish Venture Capital Association and KPMG now for the second time, the share of women on the boards of companies owned...
Continuing to drive the change towards sustainability in the electronics markets – Refurbed raises its Series B
Evli Growth Partners leads the $54M Series B of Refurbed, one of the leading European marketplaces for refurbished electronics. When we initially invested in Refurbed back in early 2020, we were...
Estonian satellite operations and space cybersecurity startup Spaceit raises €1 million
Estonian spacetech startup Spaceit has raised €1 million in a pre-seed round led by Icebreaker.vc. The Tartu-based firm provides a Mission Control as a Service platform for satellite operations,...
Intera Creates a New Real Estate Management Company by Investing in Avara Isännöinti and Provia Isännöinti
As a result of Intera’s investment, Avara Isännöinti Oy and Provia Isännöinti Oy will join forces and create a new leading player in the Finnish real estate management market....
Metsä Spring Invests in Innomost, a Startup Producing Valuable Bioactive Products from Birch Bark
Metsä Group’s innovation company Metsä Spring Ltd has made an equity investment in Innomost Ltd, a startup converting forest industry side streams into high-value bioactive products. The financing round...
New Funds, Deals and Exits
While our team was on a holiday, there was a lot happening in the investment scene. Here you can read a summary of what has been going on: Funds...