The finalists for the 2024 Building Growth Competition, organized by the Finnish Venture Capital Association and PwC, have been selected! The competition seeks the most interesting and inspiring story among the Finnish portfolio companies of venture capital and private equity investors. Once again, the selection process was not easy; however, four growth stories stood out for their impressive growth and strong missions. The finalists for 2024 are Gigglebug, ICEYE, Roima, and Suomen Avustajapalvelut.
Each of these companies stand out as a pioneer in their industry, either in Finland or internationally. Their stories vary from each other, but they share the goal of doing things better and creating positive change in their respective fields.
Gigglebug Entertainment is a production company focused on animation. Founded in 2013, the company has developed and produced its own original series, such as Gigglebug (Kikattava Kakkiainen) and The Unstoppable Yellow Yeti (Keltainen lumimies) and has participated in various major, international productions together with, for example, Disney, Netflix, and Nickelodeon. The company’s mission is to bring more joy to the next generation.
Gigglebug’s growth has been supported by IPR.VC.
Iceye Oy is a space technology company, founded in 2014, that develops microsatellites equipped with SAR radars, as well as produces and sells satellite-based information. The service provides near real-time radar imagery regardless of time or weather conditions. The company acts as a reliable partner for both governments and commercial sectors, delivering intelligence that enables decision-making that supports community resilience and sustainable development. The data from Iceye’s SAR microsatellites can be used, for example, to monitor port traffic and detect oil industry spills.
Iceye’s growth has been supported by Lifeline Ventures.
A software company founded in 2014, Roima Intelligence is built on a mission of helping its customers achieve sustainable results through digitalization. The company offers its clients solutions for production management, supply chain and logistics management, and product lifecycle management. Roima serves a diverse customer base with its advanced, scalable solutions in the Nordics, Europe, and the United States.
Roima’s growth has been supported by Intera Partners.
Suomen Avustajapalvelut Oy provides personal assistance services primarily for people with disabilities, chronic illnesses, and the elderly. Founded in 2017, the company has grown in a relatively short time to become one of the largest players in its field in Finland. Responsibility is a central factor in the company’s daily operations: the core idea of the operation is the belief in equality and the desire to enable its customers to live their lives according to their own terms, with quality, and based on the respect for the customer’s autonomy and freedom of choice.
The company’s growth has been supported by CapMan Growth.
The winner of the Building Growth Competition will be chosen by a jury composed of external experts at the Finnish PE-VC Summit on October 3, 2024. The members of the jury will be announced later.
Learn more about the Summit here.
