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 · —
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.
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.
Exit · 23 Jul · —
Aiven has acquired Flow AI to expand its production AI infrastructure capabilities.
Launch · 22 Jul · —
Uumen Hotels is set to open a new hotel at Helsinki Central Railway Station in spring 2027, expanding from their previous location in Tampere.
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.
Funding · 19 Jul · EUR 319.2M
Hostaway received a $365 million investment from General Atlantic and PSG Equity at a valuation of $925 million at the end of 2024.
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.
Launch · 17 Jul · EUR 8.7M
Slopfix has launched a service to clean up AI-generated code, charging $10,000 a week for their services.
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.
Launch · 15 Jul · —
Bliq.ai has received approval to commence driverless vehicle operations in Finland, marking a significant step in their deployment of autonomous driving technology.
Launch · 14 Jul · —
NestAI is launching AI models for defence to help Europe reduce reliance on foreign providers.
Funding · 14 Jul · EUR 10.0M
Quanscient has raised 10 million euros in funding to develop quantum computing tools for industrial design.
Funding · 13 Jul · EUR 12.0M
CurifyLabs bags €12M to automate personalised medicine.
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 · EUR 3.6M
Finland’s TheStorage raises €3.6 million seed to commercialise sand-based energy storage.
Funding · 04 May · —
Finnish Geopyörä closes seed round to scale breakage testing technology.
Launch · 01 May · —
Metaktik has launched a new technology for military use, integrating flexible antennas into vessels and vehicles.
Funding · 29 Apr · EUR 3.8M
Finland’s Realm raises $4.5 million seed to automate enterprise sales workflows
Funding · 29 Apr · EUR 683K
Atech raised $800K in pre-seed funding to simplify hardware prototyping.
Funding · 24 Apr · EUR 102.5M
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.
Exit · 13 Feb · —
Lemonsoft agreed to acquire 76% of Jakamo Osakeyhtiö for approximately EUR 3.9 million in cash, comprising approximately EUR 3.5 million at closing and EUR 0.4 million deferred, plus a potential 2026 performance-based earn-out of up to EUR 1.9 million; the agreement also provides options for the remaining 24% in 2028-2029. No single exact total consideration was stated.
Funding · 05 Feb · EUR 6.0M
Vexlum raised EUR 6.0M in seed, led by Kvanted.
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.
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 · 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 · 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 · 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 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 · 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.
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 Jun · —
Lemonsoft acquired all shares in Finvoicer Group Oy. The EUR 6.2 million purchase price was paid 97% in cash and 3% in Lemonsoft shares, with an additional performance-based purchase price of up to EUR 3.3 million payable primarily in cash; because no single exact total including the earn-out was stated, the structured amount is null.
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.
Exit · 30 Nov · —
Lemonsoft acquired Korttilinna Oy's Duunissa.fi work-time-monitoring business and integrated it into Lemonsoft's work-time-management offering; consideration was not disclosed.
Exit · 08 Jul · —
Lemonsoft acquired Finazilla Oy's entire share capital, together with the business of parent Taloushallintaan fi Oy. The approximately EUR 2.8 million cash purchase price was supplemented by a potential earn-out of up to EUR 1.5 million, payable half in cash and half in new Lemonsoft shares, so no single exact total consideration was stated.
Exit · 31 May · —
Lemonsoft completed its acquisition of Logentia Oy's entire share capital. The announced purchase price was approximately EUR 7.8 million, payable 75% in cash and 25% in new Lemonsoft shares, with a further performance-based share consideration of up to EUR 1.0 million; no single exact total consideration was stated.
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 · 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 · 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 · 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.