Helsinki, Finland (March 15, 2023) Today, the leading Nordic startup hub, Maria 01, has released its latest Impact Report that measures the social impact of the campuses’ startups. The 2022 report shows that the hub’s startups’ impact and amount of funding raised have grown significantly over the years. Helsinki has emerged as one of Europe’s most active startup hubs …
Finnish startup Fiberwood, a producer of 100% ecological wood fibre insulation and packaging materials made from mechanical wood industry side streams, has raised €3M in late seed funding. The round was led by Metsä Group’s innovation company Metsä Spring, with participation from Stephen Industries and public financing from Business Finland. The funding will be used to develop and scale …
Finnish startup Skipperi, a shared-use boating subscription service and peer-to-peer boat rental platform, has raised €7M in series A funding. The round was led by Yamaha Motor, with Baltiska Handels Sverige, Matu Capital, and HP Capital also participating. The company will use the money to fund its international expansion to Brisbane, Australia, and several locations around the US …
Finnish fintech company Membrane Finance has today launched EUROe – Europe’s first and only EU-regulated full-reserve stablecoin and payment network. EUROe transforms a fiat Euro into a 1:1 pegged digital currency transactable on Ethereum, with planned support for an increasing number of blockchains. One EUROe is always one Euro. For each EUROe issued, at least one fiat Euro exists …
Membrane Finance launches EUROe – the first and only EU-regulated crypto stablecoin Read More »
Talent acquisition scaleup Jobilla and its partner Jobilla Nederland announced their official merger today, creating a new business unit called Jobilla Benelux BV. The new subsidiary joins Jobilla Finland and Jobilla DACH GmbH to become the third fundamental pillar of the Jobilla Group. The merger provides more resources for Jobilla Benelux BV to disrupt traditional recruitment in …
Jobilla announces merger in the Netherlands to disrupt recruitment in the Benelux area Read More »
Trind VC, a seed-stage venture fund based in Tallinn with team members in Helsinki and Munich, has announced the closing of its €55M second fund. Trind VC aims to invest in 30–40 startups with proven traction in four years. The fund is backed by institutional investors such as European Investment Fund, Tesi (Finnish Industry Investment), …
Trind VC raises new €55M fund to invest in consumer and SME-focused startups in Europe Read More »
Hintsa Performance, a global leader in high-performance coaching and wellbeing services, has raised €5.1M in new funding from notable investors, including ex-Unilever CEO Paul Polman, K5 Global, The Late Late Show host James Corden, and Charles Plowden, former joint senior partner of Baillie Gifford & Co, who will be the incoming Chair of the Board at Hintsa. In addition to fuelling …
Emission monitoring service and technology company Aeromon today announced that it has raised €4.8 million in financing for the development and scaling of its operations. A capital loan from The Finnish Climate Fund is part of the financing package, of which €2.4 million was raised from industrial investor Vopak Ventures, and the company’s current shareholders. Vopak Ventures is the venture …
Tesseract, the leading institutional digital asset lending company in Europe and emerging markets, has raised USD 25 million in its Series A funding round. The first funding round in Europe focusing on the sector is led by Augmentum Fintech, a London-based leader in FinTech investments. Other participants in the round include global venture capital firms BlackFin Capital …
Finnish startup Contract Mill has announced the successful closure of a funding round of over €1M. The round was co-led by Swiss investment company Actium AG and Veenay Shah, founder of HighQ, together with multiple distinguished international investors from the UK and Sweden. The funding will be used to further expand its operations in the UK and Europe, and prepare …
Contract Mill raises over €1M to disrupt document automation business Read More »