Launch · 24 Sep · —
Remedy Entertainment announced the release date for their upcoming game Control Resonant, set to launch on September 24, 2026.
Funding · 08 Sep · —
Lignosphere aims to commercialize the utilization of lignin with the help of Kiillo's investment company.
Funding · 07 Sep · EUR 2.0M
Finda made a two million investment.
Launch · 07 Sep · EUR 3.0M
SSH Communications Security signed an agreement with a large bank to implement Zero Trust architecture, valued at nearly three million euros over three years.
Exit · 07 Sep · —
Norwegian marine technology company Kongsberg Maritime ASA has acquired Finnish propeller manufacturer Steerprop, which specializes in rudder propellers for icebreakers and other vessels. The acquisition aims to accelerate Steerprop's growth by integrating it into Kongsberg's operations.
Launch · 07 Sep · —
ICEYE has partnered with Sompo Japan Insurance to deploy its Flood Insights solution for faster flood claims processing.
Launch · 05 Sep · —
Steerprop will supply propeller systems and bow thrusters for four new Arctic Security Cutter icebreakers being built for the United States Coast Guard.
Launch · 05 Sep · —
Volare has launched a new factory in Pori that produces protein from industrial food waste for fish feed and pet food, aiming for significant revenue and production this year.
Exit · 04 Sep · —
Frendy has acquired the Finnish operations of the Avoki Group, which will merge with Frendy by spring 2027.
Exit · 04 Sep · EUR 32.3M
Wisa Group, spun off from UPM, is set to begin trading on the Helsinki Stock Exchange in early November, with total spin-off and listing costs amounting to 32.3 million euros.
Exit · 04 Sep · —
Boksi.com has acquired a business in Germany to strengthen its position in influencer marketing.
Hire · 04 Sep · —
Terveystalo has appointed Ville Pesonen as the head of the oral health business area and a member of its management team, effective September 4.
Hire · 04 Sep · —
SSH announced a CEO appointment.
Funding · 04 Sep · —
Creoir has raised seed funding from Gungnir Capital to commercialize its AI-powered voice control system for defense applications.
Launch · 03 Sep · —
Donut Lab showcased a solid-state battery with an energy density of 400 Wh/kg at CES, set to be delivered with Verge Motorcycles' electric motorcycle in the first quarter of the year.
Hire · 03 Sep · —
Hannes Helenius has been appointed as the chairman of Coinmotion, a Finnish cryptocurrency service company.
Hire · 03 Sep · —
Lars Bell has been appointed as the new CEO of SSH, succeeding Rami Raula who is retiring.
Hire · 03 Sep · —
Sensofusion plans to hire one hundred new employees, a significant portion of whom will be based in Finland.
Launch · 02 Sep · —
Lujatalo has announced the start of construction for a self-financed apartment building project in Hatanpää, Tampere, consisting of 45 owner-occupied apartments, marking its first hard-money project in over three years.
Launch · 02 Sep · —
Hakola Huonekalu launched a new self-assembled sofa designed for easier transport and online sales, aiming to strengthen its market position and expand into exports.
Funding · 02 Sep · EUR 1.3M
Elva has raised €1.3 million in funding from a round led by Lifeline Ventures.
Hire · 02 Sep · —
Miki Kuusi joins Oura's board ahead of the company's anticipated listing in the USA.
Launch · 01 Sep · —
Superpark opened its first park in Britain, located in Braehead, Glasgow, marking its expansion into a new market.
Launch · 01 Sep · EUR 1.7B
Cerebras Systems announced the construction of a data center in Mikkeli, Finland, with a seven-year agreement valued between 1 and 1.7 billion euros with Compute Nordic Finland.
Funding · 31 Aug · EUR 2.6M
Finnish quantum technology startup S-Transistors has raised €2.6 million in pre-seed funding to develop integrated circuits based on superconducting transistors, targeting challenges in scaling cryogenic quantum computers.
Funding · 31 Aug · EUR 1.0M
Volare is seeking funding from investors in Springvest's funding round, with Maki.vc committing to invest about one million euros.
Launch · 28 Aug · —
ICEYE is partnering with The Water Institute to combine satellite-based flood observations with predictive flood modeling for governments and insurers.
Exit · 27 Aug · —
Boksi has acquired Goodlife Management, adding 30 German-speaking creators to its platform.
Hire · 26 Aug · —
Nest AI plans to build a Swedish team of over 50 engineers and researchers in 2027, likely establishing an office in Stockholm.
Hire · 26 Aug · —
Magnus Hindström started as CEO of Honkarakenne at the beginning of August.
Hire · 26 Aug · —
Timo Ahopelto has been appointed as the chairman of the board of Sensofusion, a company known for developing drone defense systems. This appointment is part of the company's preparations for an IPO.
Launch · 26 Aug · —
NestAI is expanding its operations to Sweden, planning to open a local office in Stockholm by 2027 and assemble a team of over 50 engineers and researchers in the Nordic and Baltic regions.
Funding · 25 Aug · —
Hidex Oy is investing millions in growth, reflecting its strong outlook and commitment to expanding its operations in the field of measurement devices for radioactive substances.
Launch · 25 Aug · —
Hidex Oy has opened new facilities in Turku, which is a multi-million euro investment aimed at supporting the company's growth and ensuring it remains an attractive workplace for experts.
Launch · 25 Aug · EUR 14.0M
Insta Group has launched a multi-year contract to supply FPV drones to the Defense Forces, worth 14 million euros, for training purposes across Army units.
Launch · 24 Aug · —
Insta Group and Tencore are collaborating to produce unmanned ground vehicles in Finland, aiming to enhance production capacity and support Ukraine's defense needs.
Hire · 24 Aug · —
Jonas Idström has been appointed as the Commercial Director of Reitan Convenience Finland, leading the transformation of R-kioski into the new Ärrä concept.
Funding · 21 Aug · —
Suomisen Maido underwent two funding rounds, with shares transferred to about 400 private individuals, and included new shareholders Hämeenlinnan Osuusmeijeri and Heino Group, each holding a 10% stake.
Launch · 20 Aug · —
Mobilepay is significantly updating its appearance and usability, rolling out a new version to users in phases.
Launch · 20 Aug · —
Innokas signed a letter of intent to manufacture drones for the Ukrainian armed forces in Finland, collaborating with Airlogix.
Launch · 18 Aug · —
Luottopuu has launched a non-shrinking round timber product, claimed to be the world's first.
Launch · 17 Aug · —
Luotea launched its Smartti service, which optimizes energy use and enhances cleaning services through data-driven technology.
Launch · 17 Aug · —
Hook is planning to expand its restaurant chain to Dubai, following its first international opening in Fuengirola, Spain.
Launch · 14 Aug · —
Emilia Sport launched its first Ikuista bicycles designed by CEO Riku Tuppurainen this year.
Funding · 14 Aug · EUR 1.0M
STRGY AI raises €1 million to scale its AI-powered strategy execution platform.
Hire · 14 Aug · —
Esa Parjanen has joined the board of Donut Lab, while Risto Siilasmaa has left the board.
Launch · 12 Aug · —
Nebius is building a new data center in Mäntsälä with a capacity of 70 megawatts, expected to be operational from 2027.
Launch · 12 Aug · —
Exocon has developed a new air-to-water heat pump that operates effectively in extreme cold conditions, specifically at temperatures as low as -35 degrees Celsius.
Hire · 11 Aug · —
Ulla Hemminki-Reijonen moves to Funidata as the head of product management and project delivery.
Hire · 10 Aug · —
Verda has appointed Mikko Einiö as Chief Financial Officer as it accelerates its global expansion.
Launch · 09 Aug · —
Suvi-Veneet Oy is expanding its product range to include larger models and electric boats, particularly focusing on the export of large motorboats to Norway and Sweden.
Hire · 06 Aug · —
Meredith Whittaker joins PostScriptum as a significant hire, bringing her expertise in AI policy and regulation.
Funding · 06 Aug · EUR 2.2M
SeeTrue Technologies has closed a €2.2 million financing round to commercialise low-power eye-sensing architecture.
Launch · 05 Aug · —
Santas Sky Oy is launching a new year-round tourist destination named Halo Arctic Island in Hailuoto, with construction set to begin this fall and expected to welcome guests in June 2027.
Hire · 04 Aug · —
Timo Miiluniemi has been appointed as Siili Solutions' HR director starting September 1, until a new director is found.
Launch · 01 Aug · —
Minifactory's 3D printing technology is being used in the production of parts for the British Army's Challenger 3 battle tanks.
Hire · 01 Aug · —
Jesse Maula appointed as CEO of Sevendos, bringing experience from previous roles at Avidly and Idean.
Launch · 01 Aug · —
Galvatek is expanding to Texas and establishing a unit in Houston, Texas, in August 2026.
Funding · 30 Jul · EUR 1.0M
Granarium Technologies has raised one million euros in seed funding to commercialize its supercapacitor technology made from renewable materials.
Funding · 28 Jul · EUR 3.6M
Reduciner has raised 3.6 million euros in funding to build a research center and pilot plant for its technology that converts captured carbon dioxide into fuel.
Launch · 27 Jul · —
The mosquito drone developed by Tornyol identifies the flight of mosquitoes using ultrasound and attacks them. The device is available for pre-order in the United States.
Launch · 27 Jul · —
Kuva Space has entered into a memorandum of understanding with Japan’s IHI Corporation to assess the development of a sovereign hyperspectral satellite constellation.
Launch · 27 Jul · —
Framery launched the Gradus product line developed for the North American market, with successful sales beginning, expected to impact revenue significantly no earlier than the first half of 2027.
Exit · 22 Jul · —
Mors Software was acquired by the Swedish fund Monterro, which manages approximately €3 billion in assets.
Exit · 22 Jul · —
Safegrid, a Finnish technology company, was sold to G&W Electric, an American company, for millions of euros.
Launch · 21 Jul · —
Bursalad intends to open a second location with a different concept.
Launch · 17 Jul · —
Slopfix has launched a service to clean up AI-generated code, charging $10,000 a week for their services.
Funding · 17 Jul · —
Oura received a direct investment from Eli Lilly to enhance health monitoring tools and support personalized health care.
Launch · 17 Jul · —
Steady Energy is launching a project to develop a small nuclear power plant in Jyväskylä, Finland, with a partnership to explore its suitability for district heating.
Hire · 17 Jul · —
HappyOrNot has appointed Tim Waterton as CEO, succeeding Miika Mäkitalo after five years in the role.
Funding · 16 Jul · EUR 6.4M
Hyperion Robotics raised €6.4 million in growth funding to expand its robotic microfactories for concrete infrastructure components.
Funding · 15 Jul · EUR 1.1M
Cornea Sense has secured more than €1.1 million in pre-seed funding to develop non-invasive corneal hydration measurement.
Funding · 15 Jul · EUR 1.5M
Donut Lab Development OÜ received nearly 1.5 million euros in grants from the Estonian government for drone development projects.
Funding · 14 Jul · EUR 10.0M
Quanscient has raised 10 million euros in funding to develop quantum computing tools for industrial design.
Launch · 14 Jul · —
NestAI is launching AI models for defence to help Europe reduce reliance on foreign providers.
Funding · 13 Jul · EUR 12.0M
CurifyLabs bags €12M to automate personalised medicine.
Exit · 01 Jul · —
Kreos Capital acquired shares in IQM Quantum Computers as part of a financing arrangement.
[replay replay-stranded-2026-08-10] merged from 4 reports across 3 outlet(s)
Launch · 01 Jul · EUR 8.0M
Merus Power will deliver an energy storage system worth over €8 million to Exilion at the Varevaara wind farm in Tervola.
Launch · 26 Jun · —
Perfat Technologies unveiled a high-fibre oleogel made from sunflower oil as a solid-fat alternative for food manufacturers.
Funding · 09 Jun · EUR 450.0M
ICEYE raised exactly €450 million in primary Series F financing led by General Atlantic at a valuation above €10 billion; together with a secondary placement, the overall transaction exceeded €1 billion.
Exit · 08 May · —
The final result of Rite Ventures' mandatory tender offer showed 1,491,263 Lemonsoft shares accepted, representing approximately 8.38% of outstanding voting rights; together with shares already held, the offerors controlled approximately 58.94%. The release did not state an aggregate transaction consideration.
Funding · 04 May · —
Finnish Geopyörä closes seed round to scale breakage testing technology.
Funding · 04 May · EUR 3.6M
Finland’s TheStorage raises €3.6 million seed to commercialise sand-based energy storage.
Launch · 01 May · —
Metaktik has launched a new technology for military use, integrating flexible antennas into vessels and vehicles.
Funding · 29 Apr · EUR 683K
Atech raised $800K in pre-seed funding to simplify hardware prototyping.
Funding · 29 Apr · EUR 3.8M
Finland’s Realm raises $4.5 million seed to automate enterprise sales workflows
Funding · 24 Apr · EUR 99.9M
Verda raised $117 million in funding.
Funding · 14 Apr · EUR 15.0M
Kelluu raised EUR 15.0M in Series A, led by NATO Innovation Fund.
Funding · 08 Apr · EUR 6.8M
Treon raised EUR 6.8M in Series A, led by ACME Capital.
Exit · 02 Apr · —
Atol Aviation, acquisition by Sensofusion.
Funding · 01 Apr · EUR 10.0M
3TS Capital announced a €10 million investment in Wamo.
Funding · 30 Mar · EUR 50.0M
IQM Quantum Computers raised EUR 50.0M in strategic, led by BlackRock.
Funding · 30 Mar · EUR 1.0M
Aalto University spin-off Metaktik secured EUR 1M in pre-seed funding backed by Maki.vc to commercialise lightweight metasurface antennas for defence, aerospace and telecom markets.
Exit · 05 Mar · —
Doublepoint, acquisition by Oura.
Exit · 22 Feb · —
IQM Quantum Computers, merger by Real Asset Acquisition Corp.
Funding · 05 Feb · EUR 6.0M
Vexlum raised EUR 6.0M in seed, led by Kvanted.
Exit · 08 Dec · EUR 50.0M
ICEYE completed a €50 million secondary share sale for early investors alongside its separate €150 million primary equity round.
Funding · 08 Dec · EUR 150.0M
ICEYE raised €150 million in new equity led by General Catalyst at a €2.4 billion valuation; a separate €50 million secondary sale for early investors accompanied the transaction.
Funding · 04 Dec · EUR 200.1M
Framery Group Plc listed on the Official List of Nasdaq Helsinki on 4 December 2025, pricing its IPO at EUR 8.00 per share for a total offer size of about EUR 200 million and a post listing valuation of roughly EUR 633 million. The offering combined a EUR 20 million primary share issue with a secondary sale by existing shareholders.
Funding · 27 Nov · EUR 7.5M
Gosta Labs raised EUR 7.5M in seed, led by Voima Ventures.
Funding · 20 Nov · EUR 100.0M
NestAI raised EUR 100.0M in strategic.
Funding · 19 Nov · EUR 5.0M
Nordic development finance institution Nefco provided EUR 5 million in debt financing to Merus Power to support its international expansion into Northern and Central Europe, partly backed by the European Investment Fund. This is separate from the company's July 2026 launch event already on file.
Funding · 14 Oct · EUR 777.0M
Oura raised EUR 777.0M in Series E, led by Fidelity Management & Research Company.
Funding · 11 Sep · EUR 8.0M
ONEiO raised EUR 8.0M in Series B, led by Bocap.
Funding · 10 Sep · EUR 2.5M
Perfat Technologies raised EUR 2.5M in Series A.
Funding · 03 Sep · EUR 275.0M
IQM Quantum Computers raised EUR 275.0M in Series B, led by Ten Eleven Ventures.
Funding · 07 Jul · EUR 25.0M
Donut Lab raised EUR 25.0M in seed.
Funding · 19 Jun · EUR 41.1M
Business Finland awarded ICEYE €41.1 million for R&D, comprising €5.7 million in non-dilutive grants and €35.4 million in development loans, as part of ICEYE's larger investment program.
Funding · 18 Jun · EUR 10.0M
Swarmia raised EUR 10.0M in Series A.
Funding · 28 May · EUR 11.2M
Inven raised EUR 11.2M in Series A.
Funding · 01 May · EUR 8.5M
Safegrid raised 8.5 million euros in funding to expand into the U.S. market.
Funding · 18 Dec · EUR 61.9M
ICEYE closed a $65 million debt-and-equity extension to its April growth round, bringing its total raised during 2024 to $158 million.
Funding · 16 Dec · EUR 347.7M
Hostaway received a $365 million investment from General Atlantic and PSG Equity at a valuation of $925 million at the end of 2024.
Funding · 16 Sep · EUR 1.2M
Gosta Labs raised EUR 1.2 million in pre-seed funding from Cor Group and health-sector angels to reduce clinicians' documentation workload with ambient AI.
Funding · 17 Apr · EUR 87.4M
ICEYE signed an oversubscribed $93 million growth funding round led by Finnish sovereign wealth fund Solidium Oy to expand its SAR constellation and data products.
Funding · 02 Nov · EUR 16.6M
Kuva Space raised a 16.6 million EUR Series A round on November 2, 2023, led by Voima Ventures and Nordic Foodtech VC, to launch its hyperspectral microsatellite constellation. No funding events were previously tracked for this company.
Funding · 13 Sep · EUR 1.4M
CurifyLabs was one of 17 startups awarded Business Finland Deep Tech Accelerator funding, consisting of a EUR 400,000 grant and a EUR 1,000,000 loan. The non equity financing supported development of its automated medicine compounding platform.
Funding · 12 Sep · EUR 5.5M
Treon closed a EUR 5.5 million Series A led by Ventech to accelerate international expansion and development of its industrial IoT products.
Launch · 04 Sep · —
Normet opened a new technology center in Pirkkala focusing on autonomy, robotics, and software development, enhancing its capabilities in underground mining.
Hire · 24 Aug · —
Jukka Kainulainen has been appointed as the new Chief Financial Officer of Revenio and will start in this role on August 24.
Hire · 01 Aug · —
Jani Välkky will become CEO of Galvatek as Lasse Vilminko moves to Houston, Texas.
Funding · 19 Jul · —
Big Idea Ventures announced an early-stage investment of undisclosed size in Perfat Technologies through its New Protein Fund II.
Exit · 01 Jul · —
Aallon Group completed a business acquisition of the accounting firm Ab Memera Oy.
Exit · 01 Jul · —
IQM Quantum Computers went public in July and was heavily acquired by investors, although its stock price has since dropped about 50 percent.
Funding · 01 May · EUR 159.4M
Hostaway raised a 175 million USD strategic growth investment led by PSG in May 2023. This predates the 365 million USD General Atlantic round already on file.
Exit · 31 Mar · —
Keskisuomalainen acquired the entire share capital of Arena Interactive, which specializes in multichannel customer communication, to strengthen its digital business.
Funding · 31 Mar · EUR 1.5M
Inven raised a EUR 1.5 million seed round led by Lifeline Ventures to grow its AI-powered M&A company-search platform.
Funding · 11 May · EUR 199.0M
Aiven raised a USD 210 million Series D round led by Eurazeo, joined by BlackRock and existing investors IVP, Atomico, Earlybird, World Innovation Lab and Salesforce Ventures. The round valued Aiven at USD 3 billion.
Exit · 01 May · —
Wolt was acquired by American delivery giant DoorDash in May 2022.
Funding · 20 Apr · EUR 7.2M
ONEiO raised a EUR 7.2 million seed round led by Fairpoint Capital, with Inventure and Tesi participating, to expand in Central Europe and North America.
Funding · 03 Feb · EUR 120.5M
ICEYE closed a $136 million Series D led by Seraphim Space to expand its SAR constellation, catastrophe products, analytics, and global operations.
Funding · 16 Nov · EUR 15.0M
Lemonsoft completed its oversubscribed First North IPO, issuing 1,273,726 new shares and receiving approximately EUR 15 million in gross primary proceeds.
Funding · 12 May · EUR 1.0M
Swarmia disclosed a previously unannounced EUR 1M pre-seed round backed solely by Lifeline Ventures alongside its May 2021 seed announcement.
Funding · 25 Jan · EUR 436.1M
Wolt raised 530 million USD in a Series E round led by ICONIQ Growth, with Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue joining alongside returning backers, to expand beyond restaurant delivery.
Funding · 22 Sep · EUR 74.1M
ICEYE closed an $87 million Series C led by True Ventures, with a significant investment from OTB Ventures, to expand its SAR satellite constellation and imaging services.
Funding · 19 Sep · EUR 22.6M
HappyOrNot raised 25 million USD in growth financing led by Verdane, with existing investor Northzone also participating, bringing total funding raised to over 40 million USD.
Funding · 01 Jun · EUR 116.6M
Wolt raised a 130 million USD Series C round led by ICONIQ Capital, with existing investors 83North, EQT Ventures, Highland Europe and Lifeline Ventures also participating, to fund expansion and hiring.
Funding · 24 May · EUR 29.0M
ICEYE raised $34 million in Series B financing led by True Ventures to expand analytics, develop its SAR technology, and fund additional satellite launches.
Funding · 01 Dec · —
Juuri Partners completed an ownership arrangement investment in Helsinki outdoor-fitness-equipment company Omnigym in December 2017; the amount was not disclosed.
Funding · 12 Oct · EUR 12.2M
HappyOrNot closed a 14.5 million USD Series A funding round led by Northzone, with AirTree Ventures also participating.
Funding · 25 Sep · EUR 1.0M
ICEYE announced $1.2 million in new funding led by Seraphim Capital to scale development of its SAR microsatellite technology for upcoming launches; ICEYE explicitly described it as new funding after the separate $13 million financing announced the previous month.
Funding · 23 Aug · EUR 11.0M
ICEYE announced $13 million in additional financing, including an $8.5 million round led by Draper Nexus and further funding from Finland's Tekes agency, to scale manufacturing and satellite launches.
Hire · 23 Apr · —
Mari Koivisto has been appointed as the new CEO of Metsän Woima, aiming to ensure future growth.
Funding · 12 Nov · EUR 2.6M
ICEYE raised a $2.8 million Series A led by True Ventures, with Lifeline Ventures and Founder.org participating, to help launch its first radar-based microsatellites.
Launch · 01 Jun · —
Jymy ice cream brand was launched in June 2014 after a partnership was formed with chef Jyrki Sukula.