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IoT company Haltian raises 22M€ to help building owners hit their ESG goals
Finnish Internet of Things (IoT) company Haltian announced today their new growth funding of 22 million euros. The round was led by Mandatum Asset Management Growth Equity II fund ...
Introducing Juhana Kallio, Finnish Venture Capital Association’s New Chairperson of the Board
Juhana Kallio, who was appointed as the new Chairperson of the Board at the association's annual meeting, has worked in the finance industry for over 20 years. Working with...
Quanscient raises 3.9 million euros to accelerate hardware innovation with fast simulations
Quanscient, founded in 2021, is the first provider of cloud and quantum computing-powered multiphysics simulation technology. Quanscient offers fully digital R&D processes with its unique combination of native multiphysics...
eniferBio raises €11M to make planet-friendly fungal protein from the by-products of food and agricultural processes
The successful A-round was led by Aqua-Spark and joined by Tesi, Valio, Voima Ventures, and Nordic Foodtech VC. With the investment, eniferBio will begin to scale the production of...
MB Funds and Welado have found a match
Finnish infrastructure consultant Welado gets MB Funds, a private equity company with over 30 years of experience, as its main owner. The founding entrepreneurs and the management of Welado...
MVision AI raises 5.4M€ to supercharge cancer treatment with AI
MVision AI is the first cloud-based AI-powered radiotherapy planning solution for treating cancer. MVision uses artificial intelligence to automate cancer treatment planning with its unique automatic segmentation tool. The...
Tesi’s Diversity Review: Number of women doubled in VC & PE investment teams, yet progress remains to be made
Tesi’s Diversity Review of venture capital & private equity investment teams shows progress has been made over the years, but still much needs to be done to improve diversity....
Juulia Korkiavaara appointed as FVCA’s Head of Communications
Juulia Korkiavaara has been appointed as FVCA's Head of Communications as of April 17th, 2023. Previously Juulia has been in charge of planning and executing the association's events and...
Metsä Spring leads funding round in Fiberwood to make insulation and packaging fossil free
This Finnish startup upcycles side streams of the mechanical wood industry to create 100% ecological and recyclable insulation and packaging materials that are free from fossil-based materials. Finnish startup...
Estonian start-up raised 1 M€ euros to create alternative oils and fats
ÄIO, a biotechnology start-up that develops food products from by-products of the wood and the agricultural industry, raised 1 M€ from investors including Nordic Foodtech VC, EAS and other...
Tesi’s review of sustainability in venture capital and private equity investment – Sustainability is a cornerstone of VC & PE investment, so more will be required of startups and growth financing applicants
Tesi’s review shows that startups and growth companies seeking growth financing need to address the sustainability of their operations, because all VC & PE investors evaluate the responsibility of...
Vaaka Partners to become majority shareholder of Huutokaupat.com – digital marketplace for one million Finns advances circular economy
Mezzoforte Oy's online auction platform Huutokaupat.com has grown rapidly and it is the most trustworthy digital marketplace in Finland. Vaaka Partners was convinced by the company's strong market position,...