Finland

Finnish iPhone Refurbisher Swappie raises €17M Loan from EIB

Helsinki-based Swappie, renowned as Europe’s largest iPhone refurbisher, has secured a €17 million loan from the European Investment Bank (EIB). This five-year loan agreement is backed by the InvestEU programme, which aims to generate over €372 billion in additional investment from 2021 to 2027.

Finland

Finnish iPhone Refurbisher Swappie raises €17M Loan from EIB

Finland

Enifer from Finland secures €36M to scale up Mycoprotein Production

Enifer, a biotech startup based in Espoo, Finland, has successfully raised €36 million in funding to establish a food-grade mycoprotein factory in Kirkkonummi. This facility will convert food industry by-products into Enifer’s sustainable PEKILO mycoprotein, positioning it as the world’s first commercial plant to produce mycoprotein from sidestream raw materials.

Finland, France

One Click LCA acquires Buildrz to enhance Real Estate Development Sustainability

Helsinki-based One Click LCA, a prominent player in life-cycle assessment software for construction and manufacturing, has acquired Buildrz, a Paris-based generative AI software provider for real estate analysis.

Finland

Onego Bio secures €37M in Series A Funding to advance Animal-Free Egg Protein Production

Helsinki-based Onego Bio has announced a significant €37M Series A funding round, led by NordicNinja, marking one of the largest A-rounds in the Nordics. The funding round also saw participation from Tesi and EIT Food, along with existing investors Agronomics, Maki.vc, Holdix Turret, and strategic partners.

Finland

Sooma from Finland secures €5M for Neurological and Psychiatric Disorder Treatments

Sooma, a Helsinki-based medical device company, has announced securing €5M in growth funding, led by Voima Ventures, a Nordic early-stage investor. The round also saw participation from Verge HealthTech Fund and existing investor Stephen Industries. This investment will enable Sooma to expand its product development and rapidly extend its reach

Finland

Infinited Fiber Company from Finland raises €27M to advance Textile Circularity

Infinited Fiber Company, a Finnish fashion technology firm, has announced a significant funding milestone, securing €27M in a new round. This round completes a two-part development financing totaling €40M, attracting substantial investments from new backers including the Inditex Group, TTY Management, Youngone through YOH CVC Fund 1 Limited Partnership, and

Finland

Desentum secures €12M to advance Birch Pollen Allergy Vaccine Development

Desentum, a biopharmaceutical company based in Espoo, Finland, has announced a significant funding round of €12M to further the clinical development of its birch pollen allergy vaccine, DM-101PX. The investment was led by Springvest Oyj, a Finnish investment firm dedicated to supporting the growth of innovative companies.

Finland

Quanscient Takes Significant Leaps in Quantum Algorithms – Awarded First Prize in Fujitsu’s Global Quantum Simulator Challenge

Finnish quantum technology company Quanscient has been declared the winner of the global Fujitsu $100,000 Quantum Simulator Challenge. This global competition invited members of the quantum industry and academia to test Fujitsu's 39 qubit quantum simulator on unique problems and applications, aiming to accelerate research on advanced quantum technologies. Quanscient's

Founder Stories, Finland

Measurlabs: From Two Guys with a Spreadsheet to a Venture-Backed, Fast-Growing Company

Finnish laboratory testing company Measurlabs started as a side hustle of two PhD students. Today, the company boasts customers in close to 50 countries and has recently raised a €2.5 million seed round. The two founders’ roles have transformed with the rapidly growing business, their focus shifting from hands-on customer

Finland

Enifer’s €12M Grant revolutionizes Protein Production with innovative Mycoprotein Factory

Biotech startup Enifer has made a significant leap in sustainable food production by securing over €12 million in grants from Business Finland. This funding, part of the EU’s NextGenerationEU instrument, is a strategic investment in Enifer's groundbreaking PEKILO mycoprotein factory. This initiative aligns perfectly with the circular economy action plan

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Finland

Finnish iPhone Refurbisher Swappie raises €17M Loan from EIB

Finnish iPhone Refurbisher Swappie raises €17M Loan from EIB

Enifer from Finland secures €36M to scale up Mycoprotein Production

One Click LCA acquires Buildrz to enhance Real Estate Development Sustainability

Onego Bio secures €37M in Series A Funding to advance Animal-Free Egg Protein Production

Sooma from Finland secures €5M for Neurological and Psychiatric Disorder Treatments

Infinited Fiber Company from Finland raises €27M to advance Textile Circularity

Desentum secures €12M to advance Birch Pollen Allergy Vaccine Development

Quanscient Takes Significant Leaps in Quantum Algorithms – Awarded First Prize in Fujitsu’s Global Quantum Simulator Challenge

Measurlabs: From Two Guys with a Spreadsheet to a Venture-Backed, Fast-Growing Company

Enifer’s €12M Grant revolutionizes Protein Production with innovative Mycoprotein Factory

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Moment Energy secures $21.5M CAD to expand EV Battery Repurposing Operations

Sereact from Germany raises €25M to enhance AI-Powered Robotics for Logistics and Manufacturing

Aegis Energy secures €118M to develop Clean Energy Hubs for Commercial Vehicles in the UK

H2SITE secures €36M to tackle Hydrogen Supply Chain Challenges

The51 secures $51M to boost Food and AgTech Innovation

Teal Health secures $10M to launch At-Home Cervical Cancer Screenings