Tesi

Finnish Industry Investment Ltd is a government-owned investment company based in Helsinki, Finland. It focuses on promoting the growth and internationalization of Finnish businesses by investing in both venture capital funds and directly in growth companies. The company targets investments across various sectors, aiming to stimulate economic growth, employment, and innovation within Finland. Its investment strategy encompasses funding for rapid growth, spin-offs, major industrial projects, and sectoral and corporate restructurings. With a significant portfolio exceeding 570 million euros, Finnish Industry Investment plays a crucial role in enhancing the financial landscape for Finnish enterprises.

Joni Karsikas

Investment Director

Esa Koponen

Investment Director

Juha Lehtola

Director, Venture Capital

Jussi Sainiemi

Investment Director

129 past transactions

IXI

Series A in 2025
IXI is a company focused on advancing optical eyeglasses technology to enhance vision. It specializes in innovative lenses designed to offer a wide and clear field of view for both near and intermediate distances, effectively addressing the shortcomings of conventional progressive lenses. By providing a farsighted eyeglass prescription, IXI enables users to read and work with optimal vision without the need for multifocal lenses or constant switching of eyeglasses. The company aims to modernize traditional eyeglass optics, ensuring that individuals can experience vision as nature intended.

TactoTek

Venture Round in 2024
TactoTek specializes in injection-molded structural electronics (IMSE®), focusing on the development and licensing of technologies that enable the integration of circuits and components directly into plastic parts. This innovation allows for the transformation of traditional structures into smart, interactive surfaces, catering to sectors such as automotive, aviation, connected home, industrial control, and medical applications. TactoTek's intellectual property portfolio includes over 280 patents and extensive expertise acquired through years of research and development. The company partners with global manufacturers to implement reliable and standardized production methods for curved and conformal electronics, thereby facilitating cost-effective and scalable design solutions that enhance user experiences while promoting sustainability.

Seaber

Venture Round in 2024
Seaber Oy is a Finnish company established in 2017, specializing in software development for the shipping industry. Based in Espoo, the company operates a digital platform designed to streamline key operational processes in bulk and breakbulk shipping. Its platform offers a range of tools that simplify planning and communication related to shipments, enhance understanding of fleet utilization and cargo flows, and provide services such as planning, optimization, operational monitoring, and performance analysis. By delivering these capabilities, Seaber enables charterers, shipowners, and brokers to improve operational efficiency, reduce costs, and gain real-time insights into fleet performance.

Valpas

Seed Round in 2024
Valpas offers innovative bed bug prevention systems aimed at enhancing safety in the hospitality industry. Their technology combines a traditional pitfall trap with wireless capabilities, creating a bioengineered design that effectively attracts, traps, and detects bed bugs. This system is installed at the corners of each bed, allowing hotels to eliminate the reliance on harmful pesticides and reduce environmental impact. Valpas is gaining popularity among a growing number of highly-rated hotels worldwide, appealing to both leisure and corporate travelers. The presence of the Valpas label on hotel websites signals a commitment to guest safety and pest control, ensuring that guests can return home free from the risk of bed bug infestations.

Basemark

Series B in 2024
Basemark Oy is a company based in Espoo, Finland, specializing in performance measurement tools and services for various industries, including mobile devices and automotive applications. Founded in 2015, it provides a range of benchmarking tools such as Basemark ES 3.1 for graphics performance comparisons, Basemark OS II for system-level performance measurement across platforms like Android and iOS, and Basemark X for evaluating gaming and graphics performance. Additionally, Basemark offers Browsermark for testing browser performance on multiple devices, as well as Basemark CL for measuring OpenCL implementations. The company also focuses on augmented reality (AR) software for the automotive sector, enabling original equipment manufacturers (OEMs) to develop advanced AR applications for vehicle functions, including navigation and heads-up displays. Basemark's tools support both benchmarking and AR development, catering to the needs of device manufacturers and semiconductor companies.

Onego Bio

Series A in 2024
Onego Bio is a food-based biotechnology company that produces animal-free egg white protein through precision fermentation. Their ingredient, Bioalbumen, sets a new standard for sustainable protein with identical taste and nutrition, superior functional properties, and over 90% smaller environmental footprint compared to eggs from chickens. Onego’s highly productive and scalable technology caters to the needs of the food industry searching for stable, sustainable functional ingredients. As a game-changer in the field, the company was selected as the Winner of Fast Company’s 2023 World Changing Ideas awards and is a co-founder of two industry associations: Precision Fermentation Alliance and Food Fermentation Europe.

Carbo Culture

Series A in 2023
Carbo Culture Oy, founded in 2016 and based in Helsinki, Finland, specializes in producing biochar from waste biomass by employing a carbon sequestration process that captures carbon dioxide from the atmosphere. The company transforms orchard waste into high-quality biochar using patented reactors, which serves various applications, including soil enhancement and contamination remediation. This biochar helps improve soil health by retaining water and nutrients, while also supporting beneficial microorganisms. Additionally, Carbo Culture's innovative approach generates renewable energy and contributes to the creation of significant carbon credits, promoting sustainable practices in agriculture and construction.

Measurlabs

Seed Round in 2023
Measurlabs is a provider of laboratory analysis and testing services, connecting clients with over 900 top laboratories worldwide. The company simplifies the process for product developers and quality assurance professionals by managing the logistics of testing services. Clients send their samples to Measurlabs, which then coordinates the analysis and delivers the results directly to them. This streamlined approach not only saves time and money for clients but also facilitates efficient research and development, quality control, and certification activities. Measurlabs aims to make laboratory requirements more accessible, enhancing the overall testing experience for its customers.

Algorithmiq

Series A in 2023
Algorithmiq specializes in developing quantum algorithms aimed at addressing complex challenges in life sciences and data science. By leveraging expertise in quantum information, computational physics, and complex systems, the company creates software that accelerates the process of drug discovery and material development. Its innovative approach integrates advancements in complex network theory and quantum computing, enabling researchers to better understand disease origins and identify effective treatments. This focus on solving previously inaccessible problems positions Algorithmiq at the forefront of using quantum computing to enhance scientific research and innovation in the life sciences sector.

Virta

Private Equity Round in 2023
VIRTA offers a complete turnkey solution for managing electric vehicle charging services of any scale. Our future-proof solutions enable professional charging networks to offer a world-class end user experience to their customers. We also help real estates and other businesses stand out by providing them with a comprehensive EV charging service package.

Haltian

Private Equity Round in 2023
Haltian specializes in the design and development of Internet of Things (IoT) solutions and wireless technologies tailored for global consumer electronics and telecommunications companies. The company offers a range of services, including the Empathic Building digital twin service, which enhances the management of smart buildings, and the Thingsee platform, which accelerates IoT deployments for large-scale applications. Through its innovative products and services, Haltian aims to simplify daily tasks for end-users while providing businesses with actionable data to inform their decision-making processes. By focusing on enhancing productivity, safety, employee satisfaction, and customer experience, Haltian supports clients in effectively expanding their digital operations.

Enifer

Series A in 2023
Enifer is a mycoprotein company focused on producing sustainable protein products through fungal fermentation. The company utilizes fish by-products as raw materials to create single-cell protein, which can serve as an environmentally friendly alternative to soy in fish feed. This innovative approach addresses ecological challenges associated with soy cultivation, such as deforestation in South America, while promoting a circular economy by transforming underutilized agricultural byproducts into valuable, nutritious feed. Enifer's products aim to enhance sustainability in fish farming and contribute to more responsible resource management in the agrifood industry.

Aurealis Therapeutics

Series A in 2023
Aurealis Therapeutics is focused on developing innovative solutions for the treatment of non-healing wounds and complex inflammatory diseases. The company is advancing its four-in-one biologic drug, AUP-16, which aims to provide rapid and complete healing, particularly in diabetic foot ulcers. By the end of 2022, Aurealis intends to produce significant Phase 2 clinical efficacy data and non-clinical proof-of-concept data for other inflammatory conditions. In addition to its therapeutic developments, the company's cell and gene therapy platform introduces a novel class of combination immunotherapy that is efficient, scalable, and cost-effective, allowing medical professionals to effectively activate and modulate innate immune systems. Aurealis Therapeutics is actively seeking strategic partnerships to maximize the impact of its groundbreaking technology on patient care.

Norsepower

Series C in 2023
Norsepower Oy Ltd is a Finnish clean technology and engineering company that specializes in renewable wind energy solutions for the maritime industry. Founded in 2012 and headquartered in Helsinki, Norsepower develops low-maintenance, software-operated auxiliary wind propulsion systems aimed at reducing fuel consumption and greenhouse gas emissions in shipping. The company's flagship product, the Norsepower Rotor Sail Solution, utilizes the Magnus effect through a spinning cylinder to harness wind power for ship propulsion. This innovative technology not only helps lower fuel costs but also enhances the durability and safety of vessels, supporting the maritime industry's transition towards more sustainable operations. Norsepower has received over $6 million in funding from various investors, including venture capital firms and government agencies, to support its development and deployment efforts.

Nosto

Venture Round in 2023
Nosto provides a commerce experience platform tailored for the global e-commerce industry. Its platform-independent software-as-a-service (SaaS) solution enhances the online shopping experience through real-time personalized product recommendations. Designed for accessibility, Nosto's technology caters to online retailers of all sizes, offering a plug-and-play system that automates marketing activities. This approach significantly boosts conversion rates, customer retention, and overall store revenues. Additionally, Nosto enables retailers to maintain up-to-date product and shopper data, facilitating personalized shopping experiences across multiple devices and touchpoints. Clients can efficiently build, launch, and optimize multi-channel marketing campaigns without the need for extensive resources or back-end integration.

Safegrid

Seed Round in 2023
Safegrid specializes in developing an intelligent grid system that aims to locate, predict, and prevent grid faults while enhancing overall grid performance. The company's innovative technology offers exceptional visibility into grid operations through cloud-based analytics and monitoring software. This system not only provides a comprehensive overview of grid performance but also delivers instant actionable alerts regarding faults, enabling clients to address issues promptly. By offering more accurate fault location and facilitating faster installations without costly interruptions, Safegrid enables its clients to conduct timely preventative maintenance. The solution ultimately leads to improved grid economics and a lower total cost of ownership compared to competitors.

HVR Cardio

Series B in 2023
HVR Cardio is a cardiovascular device company that is developing ground-breaking mitral valve repair solutions based on its proprietary helix technology.

Varjo

Series D in 2022
Varjo specializes in developing advanced virtual reality (VR) and extended reality (XR) headsets that offer photorealistic visual fidelity and immersive experiences. Their innovative bionic display technology allows users to see virtual and augmented content with clarity comparable to the real world. Varjo's headsets feature low latency, high-definition stereo, and integrated eye tracking, enhancing the realism of virtual environments. The company serves a range of high-profile clients, including automotive and aerospace leaders, and aims to transform the way individuals work, learn, and interact in a future metaverse. Through its technology, Varjo is committed to elevating performance and emotional engagement in both professional and recreational settings.

Ruokaboksi

Venture Round in 2022
Ruokaboksi specializes in delivering healthy and easy-to-cook meal kits directly to customers' doorsteps. The company offers a service that allows clients to select their preferred recipes from its website, ensuring that they receive fresh ingredients tailored to their choices on a weekly basis. This approach not only simplifies meal preparation but also eliminates the need for customers to visit physical grocery stores, making it a convenient option for busy individuals seeking nutritious meals. By focusing on quality ingredients and customer preferences, Ruokaboksi aims to enhance the dining experience at home.

Kide Science

Convertible Note in 2022
Kide Science Oy, founded in 2017 and based in Helsinki, Finland, specializes in providing educational services that promote natural sciences through play-based learning for children aged 3 to 8. The company offers innovative kindergarten and hobby programs designed for educators and parents, featuring story-based, hands-on experiments that address real scientific challenges. This platform equips caregivers with comprehensive lesson plans and optional training to facilitate engaging early childhood education both in classrooms and remotely. Kide Science’s research-backed pedagogical approach has demonstrated improved learning outcomes and has garnered a global presence, serving over 1,000 preschools across 30 countries. The company has also launched a free teacher platform that has attracted users from over 100 countries, impacting more than one million children. Kide Science has expanded its offerings through collaborations, including a book series with Sanoma and a TV show on Finland's national broadcaster YLE. In 2022, the company partnered with DreamWorks Animation to enhance its curriculum with themed lesson plans inspired by the popular Netflix series Gabby’s Dollhouse.

IQM Quantum Computers

Series A in 2022
IQM Quantum Computers, founded in 2018 and headquartered in Espoo, Finland, specializes in developing and manufacturing hardware systems for quantum computing. The company focuses on scalable hardware solutions utilizing superconducting technology to build quantum processors for universal quantum computers. By concentrating on practical applications, IQM aims to enhance quantum computing capabilities and address challenges faced by various industries and society. As a spin-out from Aalto University and the VTT Technical Research Centre of Finland, IQM has achieved significant advancements in areas such as thermal management, which are crucial for improving computational speed and information accuracy. The company's innovations position it as a leader in the global pursuit of large-scale quantum computing solutions. IQM also offers access to its hardware for research laboratories and supercomputing centers, helping businesses reduce error rates that currently limit computing performance.

Rester

Seed Round in 2022
Rester is a finnish company offering textile recycling solutions and enabling the recovery of business textiles into a new textile fibre and quality raw material.

TILT Biotherapeutics

Venture Round in 2022
TILT Biotherapeutics Ltd is a preclinical stage biotechnology company based in Helsinki, Finland, specializing in the development of genetically modified oncolytic viruses aimed at enhancing cancer treatments. The company's patented technology focuses on using these viruses to improve tumor T-cell therapies, including tumor-infiltrating lymphocyte (TIL) and chimeric antigen receptor (CAR-T) therapies, as well as checkpoint inhibitors. TILT Biotherapeutics is recognized as a leader in the global market for integrating oncolytic viruses with cancer immunotherapy. Their product pipeline includes TILT-123, TILT-234, and TILT-321, which are designed to modify the tumor microenvironment and counteract its suppression of immune responses. The innovative approach has the potential to replicate the successes seen in CAR-T therapy for solid tumors, similar to those achieved in hematological cancers.

Meeat Food Tech Oy

Seed Round in 2022
Meeat is a food and agriculture industry that focuses on developing sustainable products. Meeat is headquartered inEspoo, Southern Finland.

Gubbe

Seed Round in 2022
Gubbe is a provider of elderly care services focused on enhancing the well-being of older individuals. The company offers a platform that connects elderly clients with trustworthy companions who assist with various tasks, including household chores, guided exercise, and caregiving. Gubbe's services are designed to support the elderly in maintaining their independence and an active lifestyle, whether in private homes or nursing facilities. By facilitating companionship and assistance with daily activities, Gubbe aims to help older adults live longer, happier lives in their own homes.

Measurlabs

Convertible Note in 2022
Measurlabs is a provider of laboratory analysis and testing services, connecting clients with over 900 top laboratories worldwide. The company simplifies the process for product developers and quality assurance professionals by managing the logistics of testing services. Clients send their samples to Measurlabs, which then coordinates the analysis and delivers the results directly to them. This streamlined approach not only saves time and money for clients but also facilitates efficient research and development, quality control, and certification activities. Measurlabs aims to make laboratory requirements more accessible, enhancing the overall testing experience for its customers.

ONEiO

Seed Round in 2022
ONEiO is a cloud-native integration service provider that facilitates seamless collaboration among people, processes, and tools. The company offers a service integration software designed to enhance and manage service processes and applications for corporate organizations. This software connects various back-end systems, including CRM, invoicing, monitoring, and DevOps, as well as customer service tools, eliminating the need for traditional integration development and maintenance. By creating a transparent and cohesive integration environment, ONEiO enables clients to establish and manage complex multi-point integrations efficiently, thereby reducing costs and streamlining operations. The solutions are available as a turn-key offering, self-service option, or a combination of both, allowing organizations to choose the best fit for their needs.

Valpas

Seed Round in 2022
Valpas offers innovative bed bug prevention systems aimed at enhancing safety in the hospitality industry. Their technology combines a traditional pitfall trap with wireless capabilities, creating a bioengineered design that effectively attracts, traps, and detects bed bugs. This system is installed at the corners of each bed, allowing hotels to eliminate the reliance on harmful pesticides and reduce environmental impact. Valpas is gaining popularity among a growing number of highly-rated hotels worldwide, appealing to both leisure and corporate travelers. The presence of the Valpas label on hotel websites signals a commitment to guest safety and pest control, ensuring that guests can return home free from the risk of bed bug infestations.

Haltian

Venture Round in 2022
Haltian specializes in the design and development of Internet of Things (IoT) solutions and wireless technologies tailored for global consumer electronics and telecommunications companies. The company offers a range of services, including the Empathic Building digital twin service, which enhances the management of smart buildings, and the Thingsee platform, which accelerates IoT deployments for large-scale applications. Through its innovative products and services, Haltian aims to simplify daily tasks for end-users while providing businesses with actionable data to inform their decision-making processes. By focusing on enhancing productivity, safety, employee satisfaction, and customer experience, Haltian supports clients in effectively expanding their digital operations.

Swappie

Series C in 2022
Swappie is a company that specializes in the refurbishment and sale of used smartphones, particularly iPhones. It operates an online marketplace where consumers can purchase high-quality refurbished devices at competitive prices. Swappie acquires used smartphones, subjecting them to a comprehensive 52-step testing process that includes rigorous assessments of both hardware and software functionality. Defective parts are replaced, and each device is thoroughly cleaned to meet strict quality standards. By providing a reliable source for affordable smartphones, Swappie enables individuals to access less-used mobile devices while ensuring a commitment to quality and functionality.

Naava

Funding Round in 2022
Naava reconnects humanity with nature. Future technology embracing millions of years of natural innovation and design lies behind the smartest green walls on the planet. At Naava, we want to help people feel better, healthier and more productive. The environment where we live, learn, and work is important for us. After all, we spend well over 90% of our time in indoors, breathing synthetic, man-made air a thousand times every hour. By 2025 a billion people can choose to breathe Nordic forest air. Everywhere. Naava brings nature inside, everywhere. We allow people to experience nature in the midst of the urban environment. Our brand promise can be explained in one word: breathe.

Uute Scientific

Funding Round in 2022
Uute Scientific Oy is a biotechnology company founded in 2019 and headquartered in Southern Finland. The company specializes in producing health and wellness ingredients aimed at reducing immune-mediated diseases such as diabetes and allergies. Uute Scientific offers extracts derived from natural substances, incorporating diverse microbes sourced from forests and agricultural environments. These ingredients are designed to be integrated into standard consumer products, making them accessible to families with young children. The company's approach focuses on helping individuals develop robust immune systems and lowering the risk of developing related health issues.

Singa

Funding Round in 2021
Singa is a digital karaoke platform that offers an extensive library of high-quality karaoke songs accessible via mobile applications, web browsers, and Smart TVs. Users can enjoy singing solo or with friends and locate nearby venues that feature Singa-powered karaoke options. Additionally, Singa provides professional karaoke software to pubs, bars, and other nightlife venues, helping them enhance their revenue streams. The company has established a rapidly expanding network of over 1,000 venues across Europe, Australia, and the USA, making it a prominent player in the karaoke business. With a diverse selection of licensed songs ranging from timeless classics to contemporary hits, Singa aims to foster a vibrant singing culture among its users.

Puurakentajat

Venture Round in 2021
Puurakentajat is a skilled operator with a quick wit. Puurakentajat provide high-quality wood-based materials to construction sites.

Dispelix

Series B in 2021
Dispelix Oy specializes in designing and manufacturing optical see-through displays for smart glasses and augmented reality applications. The company's flagship product, DiSPEL, is a near-to-the-eye display that uses a lens-like light guide to project virtual images into the user's field of view. Dispelix develops advanced waveguide combiners that serve as transparent displays in extended reality devices, effectively blending virtual elements with the real world. The company caters to industry leaders in the XR sector, helping to innovate and enhance the functionality of XR wearables. Founded in 2015 and headquartered in Espoo, Finland, Dispelix also operates subsidiaries in the United States and China.

Alvar Pet

Seed Round in 2021
Alvar Pet Oy is a Finnish company based in Helsinki that specializes in producing personalized dog food. Founded in 2019, the company offers tailored meal plans that address the specific dietary needs of various dog types, including adult dogs, puppies, seniors, and those with special dietary requirements. Alvar Pet focuses on sustainability, using eco-friendly ingredients and minimizing CO2 emissions throughout its operations, including supplier selection and logistics. Additionally, the company provides a home delivery service for its products and facilitates the recycling of packaging materials. This direct-to-consumer approach enables pet owners to easily access nutritious meals that support their dogs' well-being.
Aurora Propulsion Technologies specializes in providing satellite manufacturers with reliable, high-quality components for attitude and orbit control. The company focuses on enabling small satellite manufacturers, weighing between 1 to 15 kg, to effectively conduct missions in various environments, including Low Earth Orbit and beyond. Its product offerings include orbital thrusters, plasma brakes, attitude and orbit control systems, as well as innovative solutions like SAILS and E-Sail. These technologies facilitate orbital maneuvering and controlled deorbiting, ensuring that clients can achieve diverse mission objectives across different satellite designs.

Wirepas

Venture Round in 2021
Wirepas Ltd. specializes in wireless communication solutions for the Internet of Things (IoT), offering connectivity through its proprietary Pino solution, which enables multi-hop mesh networks. Founded in 2010 and based in Tampere, Finland, the company supports IoT projects from initial design to product delivery by providing pre-integrated, tested reference implementations along with a comprehensive support tool package. Wirepas Pino stands out in the market for its deterministic performance, adaptability to local radio conditions, and high reliability, addressing common challenges faced by IoT platforms. The company's technology allows for the creation of autonomous networks capable of supporting millions of devices, eliminating the need for traditional infrastructure while facilitating sensor, control, and low-bandwidth communication applications across various radio hardware and frequency bands.

MaaS Global

Series B in 2021
MaaS Global Ltd, founded in 2015 and based in Helsinki, Finland, operates as a pioneering mobility-as-a-service (MaaS) provider. The company has developed an innovative mobile application that integrates various public and private transportation options into a single platform, allowing users to create personalized travel plans. This application operates on a single-ticket principle, simplifying the user experience by consolidating multiple transport services. In addition to its core offerings, MaaS Global provides value-added services, such as grocery and meal deliveries, enhancing the overall convenience of urban mobility. Through its efforts, MaaS Global aims to transform transportation by offering an attractive alternative to car ownership, facilitating efficient, sustainable, and user-friendly travel solutions.

Rens Original

Seed Round in 2021
Rens Original is a manufacturing company. It upcycles post-industrial plastic and spent coffee grounds into finished items. The company offers waterproof sneakers made from coffee. It recycles plastic air intake placed at the heel and sole to increase ventilation and breathability while maintaining waterproof protection.

Geyser Batteries

Funding Round in 2021
Geyser Batteries Oy is a Finnish company based in Vaasa, established in 2018, that specializes in the development and manufacture of innovative high-power batteries. These batteries are designed to endure millions of charge and discharge cycles, making them suitable for demanding applications in transportation, power grid, and heavy machinery sectors. Utilizing proprietary water-based electrochemistry and patent-pending technology, Geyser Batteries produces environmentally safe, maintenance-free batteries that are fire-resistant and operational in extreme temperatures down to -60°C. Their products focus on fast and efficient charging, as well as reliability and safety, aiming to provide sustainable energy solutions for various industries.

Virta

Private Equity Round in 2021
VIRTA offers a complete turnkey solution for managing electric vehicle charging services of any scale. Our future-proof solutions enable professional charging networks to offer a world-class end user experience to their customers. We also help real estates and other businesses stand out by providing them with a comprehensive EV charging service package.

HEI Schools

Series A in 2021
HEI Schools has packaged the Finnish early learning model to benefit the different needs of early education operators around the world. HEI Schools Toolkit digital customers can get ahead of the competition by advertising that they are using a Finnish-based curriculum, as well as save in teacher resources & planning time with continuously updated lesson plans. The Teacher Certificate program participants can learn more about the world-renowned and highly sought-after Finnish educational model. HEI Schools Learning Center customers get to enjoy a turn-key concept with a fully branded model, including teacher training, beautiful space design, global community, and operational support in addition to the high-quality curriculum.

Bob W

Seed Round in 2021
Bob W is a technology-driven hospitality provider that provides an alternative to hotels and short-stay apartments. Its exceptionally cool apartments cater to the 21st-century traveler who wants it all: the consistent quality of a hotel and the authentic flair and affordability of a short-stay rental. It combines both worlds in sustainably operated properties, which are currently available in Finland and Estonia but are expanding across Europe and beyond. The company was founded in 2018 and is headquartered in Helsinki, Finland.

Altum Technologies

Venture Round in 2021
Altum Technologies specializes in software-guided ultrasonic technology that addresses the significant issue of fouling, which costs billions annually. The company offers a unique solution that eliminates the need for production downtime and reduces energy consumption, maintenance requirements, and the use of harmful cleaning chemicals. Altum's patented power ultrasound technology can be externally applied to a variety of liquid-carrying equipment, such as heat exchangers, pipes, and cooling towers, facilitating the removal of various types of fouling, including biofouling and mineral scaling, without requiring modifications to existing systems. This advanced approach not only enhances operational efficiency but also helps clients meet stringent environmental regulations and promotes sustainability within industrial processes.

M-Files

Series C in 2021
M-Files Inc. specializes in developing a document management platform that enhances the ability of businesses to find, share, and secure information. The platform is designed to enable knowledge workers to access the right information quickly, automate business processes, and maintain control over documents. Key features include integration with tools such as SAP, Microsoft Office, and Salesforce, along with functionalities like document templates, workflows, scanning and OCR capabilities, and e-signatures. By streamlining document management across various devices and eliminating traditional folder structures, M-Files helps organizations improve efficiency and productivity. Founded in 2009 and headquartered in Plano, Texas, M-Files operates as a subsidiary of M-Files Corporation, positioning itself as a leader in information management and offering businesses a competitive edge through enhanced customer experiences and reduced risk.

Akkurate

Convertible Note in 2020
Akkurate Oy is a Finnish consulting and engineering firm specializing in mobile battery technology. Founded in 2016 and based in Kaarina, the company provides a range of services that include technology consulting, testing and analysis, specification optimization, charging system design, and manufacturing assessments. Akkurate conducts various electrical performance tests, such as capacity and impedance measurements, cycle life tests, and extreme temperature evaluations. Additionally, the company performs safety testing, encompassing protection circuit verification and mechanical safety assessments. Akkurate also offers advanced battery analysis techniques, including x-ray analysis, teardown analysis, and scanning electron microscopy. With a team experienced in battery production and lifecycle management, Akkurate aims to reduce risks associated with lithium-ion batteries while supporting clients in optimizing their battery technology investments.

Fifax

Venture Round in 2020
Fifax Ab specializes in sustainable aquaculture, primarily cultivating high-quality rainbow trout using innovative and environmentally friendly methods. The company operates a modern fish farm located in Eckerö, Storby, on the western Åland, employing a Recirculating Aquaculture System (RAS) to minimize environmental impact. With a commitment to producing fresh, domestic trout, Fifax aims to serve the Finnish and Swedish markets while prioritizing ecological sustainability in its farming practices.

IQM Quantum Computers

Series A in 2020
IQM Quantum Computers, founded in 2018 and headquartered in Espoo, Finland, specializes in developing and manufacturing hardware systems for quantum computing. The company focuses on scalable hardware solutions utilizing superconducting technology to build quantum processors for universal quantum computers. By concentrating on practical applications, IQM aims to enhance quantum computing capabilities and address challenges faced by various industries and society. As a spin-out from Aalto University and the VTT Technical Research Centre of Finland, IQM has achieved significant advancements in areas such as thermal management, which are crucial for improving computational speed and information accuracy. The company's innovations position it as a leader in the global pursuit of large-scale quantum computing solutions. IQM also offers access to its hardware for research laboratories and supercomputing centers, helping businesses reduce error rates that currently limit computing performance.

ICEYE

Series C in 2020
ICEYE Oy, founded in 2014 and based in Espoo, Finland, specializes in Earth observation through its extensive synthetic aperture radar (SAR) satellite constellation. This technology allows for near real-time imaging and monitoring across various sectors, including insurance, natural disaster response, and maritime activities. ICEYE's radar satellites can capture images regardless of weather conditions or sunlight, making them invaluable for applications such as monitoring illegal fishing, oil spills, storm damage, forest growth, and crop health. The company's capabilities extend to mapping flood damage, aiding humanitarian efforts, and tracking maritime activities like piracy and port operations. By providing comprehensive and timely data, ICEYE supports informed decision-making for clients in defense, government, and insurance industries.

Disior

Series A in 2020
Disior develops advanced software for analyzing and modeling tissue structures in CT and MRI images, aimed at enhancing diagnosis and treatment planning in clinical settings. The company's solutions facilitate fast, accurate, and reproducible measurements, allowing for patient-specific treatment optimization. Utilizing mathematical modeling, Disior's algorithms can extract precise shapes and structures from medical images without relying on predefined references. The team comprises experts from engineering, research and development, and the medical field, including specialties in maxillofacial and orthopedic practice. This diverse expertise supports the creation of sophisticated imaging and analytics tools that work with various three-dimensional imaging formats, enabling healthcare professionals to make informed diagnostic and treatment decisions based on consistent and comparable data.

Varjo

Series C in 2020
Varjo specializes in developing advanced virtual reality (VR) and extended reality (XR) headsets that offer photorealistic visual fidelity and immersive experiences. Their innovative bionic display technology allows users to see virtual and augmented content with clarity comparable to the real world. Varjo's headsets feature low latency, high-definition stereo, and integrated eye tracking, enhancing the realism of virtual environments. The company serves a range of high-profile clients, including automotive and aerospace leaders, and aims to transform the way individuals work, learn, and interact in a future metaverse. Through its technology, Varjo is committed to elevating performance and emotional engagement in both professional and recreational settings.

Swappie

Series B in 2020
Swappie is a company that specializes in the refurbishment and sale of used smartphones, particularly iPhones. It operates an online marketplace where consumers can purchase high-quality refurbished devices at competitive prices. Swappie acquires used smartphones, subjecting them to a comprehensive 52-step testing process that includes rigorous assessments of both hardware and software functionality. Defective parts are replaced, and each device is thoroughly cleaned to meet strict quality standards. By providing a reliable source for affordable smartphones, Swappie enables individuals to access less-used mobile devices while ensuring a commitment to quality and functionality.

Phaver

Pre Seed Round in 2020
Phaver is a Web3 social platform that facilitates connections among users by recommending various products and local services through interactions with friends and followers. With over half a million downloads, it holds a significant share of the Lens protocol and is among the leading external applications of Farcaster. Phaver incorporates a gamified in-app economy, allowing users to earn points that can be redeemed for the $SOCIAL token. The platform leverages decentralized protocols, including Aave's Lens, to combine on-chain social identities and enable influencers to monetize their suggestions and revenue streams.

UpCloud

Series B in 2020
UpCloud Ltd is a cloud hosting company based in Helsinki, Finland, specializing in infrastructure-as-a-service for business-critical customers. Established in 2011, the company operates high-performance cloud servers on enterprise-grade hardware, with data centers located in London, Chicago, Frankfurt, and Helsinki. UpCloud focuses on providing extreme redundancy, high resource performance, and 100% service level agreements, making it an attractive option for enterprises. Its competitive pricing positions it among the most affordable cloud providers in Europe. The company also offers software-defined networking services for flexible private network configurations and has developed user-friendly control panels along with mobile apps for iOS and Android, allowing administrators to monitor their servers remotely.

BC Platforms

Series C in 2019
BC Platforms provides a data and technology platform designed for life sciences and healthcare companies to access, manage, and analyze clinical and omics data. Its Data Access Platform offers valuable resources, including real-world data, clinical data, and genomic information, through a data-as-a-service model. The company's Data Partner Network encompasses over 22 million life-years of meticulously curated patient data from various global sources. This extensive data access allows pharmaceutical companies to enhance research and development processes, accelerating the transition from early discovery to clinical and post-market evaluations. BC Platforms also offers technology solutions that enable healthcare providers and life science organizations to manage and analyze complex genomic data, ensuring compliance with local privacy regulations and compatibility with relevant technical standards. Through its innovative platform, BC Platforms aims to improve decision-making in drug development and delivery, helping to address significant health challenges effectively.

Endev

Venture Round in 2019
Endev LTD is a Finnish clean technology company specializing in thermal treatment solutions for wastewater and industrial sludges. The company has developed the PAKU solution, which efficiently and economically processes municipal sludge on-site. Utilizing a patented combination of a circulating mass dryer and reactor, Endev's technology transforms sewage by-products into renewable resources, enabling the recovery of energy and nutrients. This innovative approach allows industries to manage the thermal treatment of biomass while reducing costs and enhancing sustainability.

Verto Analytics

Series C in 2019
Verto Analytics Inc. specializes in audience cross-platform measurement solutions, focusing on consumer behavior across various devices, applications, and platforms. The company operates a passive metering panel that captures a comprehensive range of digital interactions, allowing researchers, advertisers, and publishers to analyze media consumption trends effectively. Verto offers several products, including Verto App Watch, which tracks user engagement and demographics for mobile applications, and Verto Content Watch, which helps publishers and marketers assess audience reach and competition. Additional offerings such as Verto Index and Verto Retention Reports provide insights into user adoption, loyalty, and engagement metrics. By delivering detailed data on consumer behaviors and preferences, Verto Analytics enables clients to optimize their marketing strategies and understand market dynamics. Established in 2013, Verto Analytics is headquartered in New York City, with additional offices in San Francisco, London, and Helsinki.

IQM Quantum Computers

Seed Round in 2019
IQM Quantum Computers, founded in 2018 and headquartered in Espoo, Finland, specializes in developing and manufacturing hardware systems for quantum computing. The company focuses on scalable hardware solutions utilizing superconducting technology to build quantum processors for universal quantum computers. By concentrating on practical applications, IQM aims to enhance quantum computing capabilities and address challenges faced by various industries and society. As a spin-out from Aalto University and the VTT Technical Research Centre of Finland, IQM has achieved significant advancements in areas such as thermal management, which are crucial for improving computational speed and information accuracy. The company's innovations position it as a leader in the global pursuit of large-scale quantum computing solutions. IQM also offers access to its hardware for research laboratories and supercomputing centers, helping businesses reduce error rates that currently limit computing performance.

Picosun

Venture Round in 2019
Picosun is the leading manufacturer of Atomic Layer Deposition (ALD) reactors for micro- and nanotechnology applications. Picosun provides the customers with versatile, reliable, and user-friendly ALD process tools, which offer world leading process quality and unique scalability from basic research to fully automated high throughput industrial production. Picosun is based in Espoo, Finland, its production facilities are located in Masala (Kirkkonummi), Finland, its US headquarters in Detroit, Michigan, and its Asian headquarters in Singapore. PICOSUN™ ALD process tools have been installed in various prominent industries and high-level reasearch organizations across Europe, USA, Asia and Australia. Picosun has world-wide sales and support network with distributors and representatives in over 30 countries.

Wirepas

Series B in 2019
Wirepas Ltd. specializes in wireless communication solutions for the Internet of Things (IoT), offering connectivity through its proprietary Pino solution, which enables multi-hop mesh networks. Founded in 2010 and based in Tampere, Finland, the company supports IoT projects from initial design to product delivery by providing pre-integrated, tested reference implementations along with a comprehensive support tool package. Wirepas Pino stands out in the market for its deterministic performance, adaptability to local radio conditions, and high reliability, addressing common challenges faced by IoT platforms. The company's technology allows for the creation of autonomous networks capable of supporting millions of devices, eliminating the need for traditional infrastructure while facilitating sensor, control, and low-bandwidth communication applications across various radio hardware and frequency bands.

Dispelix

Series A in 2018
Dispelix Oy specializes in designing and manufacturing optical see-through displays for smart glasses and augmented reality applications. The company's flagship product, DiSPEL, is a near-to-the-eye display that uses a lens-like light guide to project virtual images into the user's field of view. Dispelix develops advanced waveguide combiners that serve as transparent displays in extended reality devices, effectively blending virtual elements with the real world. The company caters to industry leaders in the XR sector, helping to innovate and enhance the functionality of XR wearables. Founded in 2015 and headquartered in Espoo, Finland, Dispelix also operates subsidiaries in the United States and China.

Nosto

Series B in 2018
Nosto provides a commerce experience platform tailored for the global e-commerce industry. Its platform-independent software-as-a-service (SaaS) solution enhances the online shopping experience through real-time personalized product recommendations. Designed for accessibility, Nosto's technology caters to online retailers of all sizes, offering a plug-and-play system that automates marketing activities. This approach significantly boosts conversion rates, customer retention, and overall store revenues. Additionally, Nosto enables retailers to maintain up-to-date product and shopper data, facilitating personalized shopping experiences across multiple devices and touchpoints. Clients can efficiently build, launch, and optimize multi-channel marketing campaigns without the need for extensive resources or back-end integration.

Verto Analytics

Series C in 2018
Verto Analytics Inc. specializes in audience cross-platform measurement solutions, focusing on consumer behavior across various devices, applications, and platforms. The company operates a passive metering panel that captures a comprehensive range of digital interactions, allowing researchers, advertisers, and publishers to analyze media consumption trends effectively. Verto offers several products, including Verto App Watch, which tracks user engagement and demographics for mobile applications, and Verto Content Watch, which helps publishers and marketers assess audience reach and competition. Additional offerings such as Verto Index and Verto Retention Reports provide insights into user adoption, loyalty, and engagement metrics. By delivering detailed data on consumer behaviors and preferences, Verto Analytics enables clients to optimize their marketing strategies and understand market dynamics. Established in 2013, Verto Analytics is headquartered in New York City, with additional offices in San Francisco, London, and Helsinki.

ICEYE

Series B in 2018
ICEYE Oy, founded in 2014 and based in Espoo, Finland, specializes in Earth observation through its extensive synthetic aperture radar (SAR) satellite constellation. This technology allows for near real-time imaging and monitoring across various sectors, including insurance, natural disaster response, and maritime activities. ICEYE's radar satellites can capture images regardless of weather conditions or sunlight, making them invaluable for applications such as monitoring illegal fishing, oil spills, storm damage, forest growth, and crop health. The company's capabilities extend to mapping flood damage, aiding humanitarian efforts, and tracking maritime activities like piracy and port operations. By providing comprehensive and timely data, ICEYE supports informed decision-making for clients in defense, government, and insurance industries.

Kaiku Health

Series A in 2018
Kaiku Health Oy is a digital health company based in Helsinki, Finland, focused on enhancing the quality of life for patients, particularly those undergoing cancer treatment. Founded in 2012, the company offers a user-centered platform that facilitates communication between patients and medical staff in multiple languages, including Swedish, English, German, and Finnish. Its software is designed to monitor patient-reported outcomes and track symptoms intelligently, allowing clinics to optimize care through timely interventions and improved efficiency. Kaiku Health serves over 30 hospitals and clinics across Finland, Sweden, and Switzerland, helping to streamline workflows and prioritize clinical actions. The company evolved from its original name, Netmedi Oy, in 2017 and operates as a subsidiary of Elekta AB. A dedicated team of over 20 employees drives its mission, supported by various venture capital funds and the Finnish Funding Agency for Innovation.

Oura

Series A in 2018
Oura is a Finland-based company that specializes in developing a smart wellness ring designed to monitor and track various biometric data related to health and wellness. The ring, paired with a smartphone application, enables users to gain insights into their sleep patterns, readiness, and activity levels. By utilizing advanced sensors, the device collects information on heart rate, sleep cycles, and overall activity, providing users with valuable physiological and behavioral data. This innovative approach supports individuals in understanding their body's responses to rest, recovery, and daily activities, thus promoting a healthier lifestyle.

Midaxo

Series B in 2018
Midaxo is a cloud-based platform designed to streamline the mergers and acquisitions (M&A) process for teams. It offers an end-to-end solution that encompasses deal sourcing, evaluation, transaction management, and integration. The platform provides M&A professionals with essential tools for managing various aspects of the process, including project management, issue tracking, document storage, team collaboration, and reporting. Midaxo enables users to evaluate deals systematically, mitigate risks, and identify synergies early in the process. By consolidating all relevant documents, findings, and communications in a secure, single-point storage system, Midaxo facilitates informed decision-making without the need for extensive training or implementation. This helps organizations focus on high-priority deals and track their progress against growth targets.

ThirdPresence

Seed Round in 2018
ThirdPresence specializes in providing an optimal brand environment and user experience for video advertising. The company operates a contextual buying intent data platform designed for agencies, demand-side platforms, ad networks, supply-side platforms, and publishers. This platform facilitates the hosting and delivery of video ads across various placements on video-capable mobile devices. ThirdPresence tracks all video playback events, collecting and reporting relevant data to its clients. By offering a subscription-based service that scales with content delivery, the company enables publishers and advertisers to enhance customer engagement, discover new audiences, and drive revenue growth. With offices in Helsinki, New York, and London, ThirdPresence is supported by both institutional and angel investors.

Zervant

Series B in 2018
Zervant is a company based in Espoo, Finland, founded in 2010, that specializes in providing an online invoicing platform tailored for micro enterprises across Europe. The platform caters to sole traders and small businesses, offering features such as e-invoicing, postal invoicing, payment reminders, time tracking, and payment scheduling. By automating the invoicing process, Zervant helps its clients enhance efficiency in managing their financial operations. The company's core markets include Finland, Sweden, the UK, France, Germany, Belgium, and Austria.

Enevo

Series C in 2017
Enevo is a company focused on enhancing the financial, environmental, and social impact of waste management. Founded in 2010, it initially offered waste data through dumpster sensors and has since evolved to provide comprehensive waste and recycling management services for various sectors, including restaurants and commercial properties across North America. Enevo utilizes proprietary analytics software and wireless sensor technology to optimize collection schedules and routes for waste containers, thereby improving operational efficiency and transparency. The company's predictive end-to-end solution automates the planning and logistics of waste and recycling processes. With over $34 million raised in private equity funding, Enevo continues to invest in technology and innovative practices to better serve its customers and support sustainable waste management.

BCB Medical

Private Equity Round in 2017
BCB Medical Ltd. is a healthcare software company based in Turku, Finland, with additional offices in Oulu, Tampere, and Espoo. Founded in 2003, the company specializes in the collection, management, processing, and utilization of medical information for tissue banks, hospitals, and hospital districts, primarily in the Nordic countries. BCB Medical offers a range of services, including the Disease-Specific Bullet Registry, a comprehensive integration platform that manages various types of medical data such as patient information, laboratory results, and treatment details. The company also provides a self-help service, Omavointi, which facilitates patient engagement regarding their health and self-care. Additionally, BCB 360° is a data service that refines and analyzes collected information, making it more accessible for healthcare professionals. BCB Medical's solutions span multiple medical fields, including orthopedics, oncology, neurology, and more, ensuring compliance with healthcare regulations while emphasizing quality and transparency in treatment processes.

BC Platforms

Series B in 2017
BC Platforms provides a data and technology platform designed for life sciences and healthcare companies to access, manage, and analyze clinical and omics data. Its Data Access Platform offers valuable resources, including real-world data, clinical data, and genomic information, through a data-as-a-service model. The company's Data Partner Network encompasses over 22 million life-years of meticulously curated patient data from various global sources. This extensive data access allows pharmaceutical companies to enhance research and development processes, accelerating the transition from early discovery to clinical and post-market evaluations. BC Platforms also offers technology solutions that enable healthcare providers and life science organizations to manage and analyze complex genomic data, ensuring compliance with local privacy regulations and compatibility with relevant technical standards. Through its innovative platform, BC Platforms aims to improve decision-making in drug development and delivery, helping to address significant health challenges effectively.

Visedo

Debt Financing in 2016
Visedo Oy specializes in the development, manufacture, and delivery of advanced electric and hybrid drive trains designed for heavy-duty applications in mobile work machinery, marine vessels, and buses. Based in Lappeenranta, Finland, the company focuses on solutions that operate effectively in harsh environments. Its drive trains are suitable for both hybrid electric and fully electric vehicles, providing innovative technology aimed at reducing fuel consumption, emissions, and noise levels. By employing state-of-the-art electric components, Visedo enables clients to enhance productivity while minimizing their environmental impact.

Midaxo

Series A in 2016
Midaxo is a cloud-based platform designed to streamline the mergers and acquisitions (M&A) process for teams. It offers an end-to-end solution that encompasses deal sourcing, evaluation, transaction management, and integration. The platform provides M&A professionals with essential tools for managing various aspects of the process, including project management, issue tracking, document storage, team collaboration, and reporting. Midaxo enables users to evaluate deals systematically, mitigate risks, and identify synergies early in the process. By consolidating all relevant documents, findings, and communications in a secure, single-point storage system, Midaxo facilitates informed decision-making without the need for extensive training or implementation. This helps organizations focus on high-priority deals and track their progress against growth targets.

Verto Analytics

Series B in 2016
Verto Analytics Inc. specializes in audience cross-platform measurement solutions, focusing on consumer behavior across various devices, applications, and platforms. The company operates a passive metering panel that captures a comprehensive range of digital interactions, allowing researchers, advertisers, and publishers to analyze media consumption trends effectively. Verto offers several products, including Verto App Watch, which tracks user engagement and demographics for mobile applications, and Verto Content Watch, which helps publishers and marketers assess audience reach and competition. Additional offerings such as Verto Index and Verto Retention Reports provide insights into user adoption, loyalty, and engagement metrics. By delivering detailed data on consumer behaviors and preferences, Verto Analytics enables clients to optimize their marketing strategies and understand market dynamics. Established in 2013, Verto Analytics is headquartered in New York City, with additional offices in San Francisco, London, and Helsinki.

Optofidelity

Venture Round in 2016
Optofidelity, founded in Finland, specializes in robot-assisted testing and quality assurance for smart devices. The company has established itself as a leader in developing machine vision systems that enhance the measurement capabilities within the smart device ecosystem. Optofidelity's innovative solutions cater to major manufacturers of smartphones, tablets, laptops, automotive infotainment systems, and industrial smart machinery. By focusing on the intersection of technology and user experience, Optofidelity aims to improve the quality and performance of electronic devices, ultimately enhancing consumer satisfaction. The company's commitment to excellence in testing and production services positions it as a key player in advancing the standards of smart device functionality and reliability.

M-Files

Series B in 2016
M-Files Inc. specializes in developing a document management platform that enhances the ability of businesses to find, share, and secure information. The platform is designed to enable knowledge workers to access the right information quickly, automate business processes, and maintain control over documents. Key features include integration with tools such as SAP, Microsoft Office, and Salesforce, along with functionalities like document templates, workflows, scanning and OCR capabilities, and e-signatures. By streamlining document management across various devices and eliminating traditional folder structures, M-Files helps organizations improve efficiency and productivity. Founded in 2009 and headquartered in Plano, Texas, M-Files operates as a subsidiary of M-Files Corporation, positioning itself as a leader in information management and offering businesses a competitive edge through enhanced customer experiences and reduced risk.

Vaadin

Venture Round in 2016
Vaadin specializes in providing modern web components and developer productivity tools for creating enterprise web applications with Java backends. Its offerings include the Vaadin Framework, which simplifies the development of HTML5-based user interfaces by eliminating the complexities associated with programming web and communication layers. Additionally, Vaadin Elements, built on Google Polymer, offer reusable web components for front-end developers. The company supports its open-source core products with commercial add-ons, tools, and services. With a user base of over 150,000 developers, Vaadin Framework is recognized as a leading web framework for business applications on the Java platform, widely adopted by major enterprises and public organizations globally.

Enevo

Series B in 2015
Enevo is a company focused on enhancing the financial, environmental, and social impact of waste management. Founded in 2010, it initially offered waste data through dumpster sensors and has since evolved to provide comprehensive waste and recycling management services for various sectors, including restaurants and commercial properties across North America. Enevo utilizes proprietary analytics software and wireless sensor technology to optimize collection schedules and routes for waste containers, thereby improving operational efficiency and transparency. The company's predictive end-to-end solution automates the planning and logistics of waste and recycling processes. With over $34 million raised in private equity funding, Enevo continues to invest in technology and innovative practices to better serve its customers and support sustainable waste management.

Onbone

Venture Round in 2015
Onbone Ltd is a Finnish innovative company working on the field of medical technology. The company develops and markets innovative and user-friendly Woodcast products for orthopaedic and traumatology use. Onbone Ltd has eleven employees and the products are sold in Finland, Germany, Sweden, Holland and Great Britain.

LeadDesk

Series A in 2015
LeadDesk is a provider of cloud-based sales automation solutions designed to enhance calling activities in various sectors including media, security services, energy, telecommunications, financial services, and market research. Its software streamlines the sales and customer service processes by organizing leads and their respective follow-up actions, thus enabling agents to concentrate on customer engagement. LeadDesk's platform supports campaign management and reporting, allowing team leaders to maintain oversight of operations. The service can function independently or integrate with existing customer relationship management systems while facilitating easy connections via landline, VoIP, or GSM. The company's mission is to create user-friendly tools that not only meet the needs of agents and team leaders but also foster a positive experience in their daily tasks.

NewIcon

Venture Round in 2014
NewIcon Oy is a health technology company established in 2007, specializing in pharmacy automation systems. As a market leader in Finland, the company has successfully implemented its automated medication dispensing solutions in over 100 pharmacies and hospitals across multiple countries, including Denmark, Russia, Israel, Iran, and China. With a workforce of approximately 70 employees, NewIcon Oy generates a turnover exceeding € 7 million. The company is committed to quality, operating under a certified ISO 9001 quality management system, and focuses on using robotics and advanced software to enhance the efficiency and safety of medication distribution, allowing healthcare providers to prioritize patient care.

Enevo

Series A in 2014
Enevo is a company focused on enhancing the financial, environmental, and social impact of waste management. Founded in 2010, it initially offered waste data through dumpster sensors and has since evolved to provide comprehensive waste and recycling management services for various sectors, including restaurants and commercial properties across North America. Enevo utilizes proprietary analytics software and wireless sensor technology to optimize collection schedules and routes for waste containers, thereby improving operational efficiency and transparency. The company's predictive end-to-end solution automates the planning and logistics of waste and recycling processes. With over $34 million raised in private equity funding, Enevo continues to invest in technology and innovative practices to better serve its customers and support sustainable waste management.

Mekitec

Venture Round in 2014
Mekitec Oy is a manufacturer and distributor of X-ray food quality control systems tailored for the food industry. Established in 2005 and based in Oulu, Finland, the company provides X-ray devices, rejecters, and maintenance services before and after installation. Mekitec's systems capture high-quality images of food products and utilize image analysis to detect foreign objects such as glass, metal, stones, and dense plastics, as well as various quality defects. In addition to inspection systems, the company offers data analytics tools that provide insights into the food manufacturing process, helping food brands ensure the safety and quality of their products while promoting sustainable food production. Mekitec serves a global customer base, enhancing quality control in the food sector.

Visedo

Venture Round in 2013
Visedo Oy specializes in the development, manufacture, and delivery of advanced electric and hybrid drive trains designed for heavy-duty applications in mobile work machinery, marine vessels, and buses. Based in Lappeenranta, Finland, the company focuses on solutions that operate effectively in harsh environments. Its drive trains are suitable for both hybrid electric and fully electric vehicles, providing innovative technology aimed at reducing fuel consumption, emissions, and noise levels. By employing state-of-the-art electric components, Visedo enables clients to enhance productivity while minimizing their environmental impact.

Scoopshot

Series A in 2013
Scoopshot connects mobile photographers and news media worldwide. We're building a worldwide ecosystem for crowdsourcing news photos. Users download our free app, snap newsworthy photos, and send them for sale on the Scoopshot Store, worldwide.

MetGen

Series A in 2013
MetGen specializes in the development and production of tailored enzymes designed to meet the specific needs of industrial customers. The company's primary products, known as MetZymes, are multicopper oxidases that play a crucial role in oxidative processes, particularly in delignification. By incorporating these biological enzymes into the pulp mix, MetGen enhances the separation of wood fibers prior to the thermo-mechanical pulping stage, leading to significant improvements in energy efficiency throughout the pulp-making process. Additionally, MetGen's enzymatic solutions are applicable across various industries, including pulp, paper, and biofuels, where they facilitate the removal of toxic micro-pollutants from wastewater and promote enhanced operational efficiencies, ultimately contributing to safer food production and improved environmental sustainability.

M-Files

Series A in 2013
M-Files Inc. specializes in developing a document management platform that enhances the ability of businesses to find, share, and secure information. The platform is designed to enable knowledge workers to access the right information quickly, automate business processes, and maintain control over documents. Key features include integration with tools such as SAP, Microsoft Office, and Salesforce, along with functionalities like document templates, workflows, scanning and OCR capabilities, and e-signatures. By streamlining document management across various devices and eliminating traditional folder structures, M-Files helps organizations improve efficiency and productivity. Founded in 2009 and headquartered in Plano, Texas, M-Files operates as a subsidiary of M-Files Corporation, positioning itself as a leader in information management and offering businesses a competitive edge through enhanced customer experiences and reduced risk.

Enevo

Seed Round in 2013
Enevo is a company focused on enhancing the financial, environmental, and social impact of waste management. Founded in 2010, it initially offered waste data through dumpster sensors and has since evolved to provide comprehensive waste and recycling management services for various sectors, including restaurants and commercial properties across North America. Enevo utilizes proprietary analytics software and wireless sensor technology to optimize collection schedules and routes for waste containers, thereby improving operational efficiency and transparency. The company's predictive end-to-end solution automates the planning and logistics of waste and recycling processes. With over $34 million raised in private equity funding, Enevo continues to invest in technology and innovative practices to better serve its customers and support sustainable waste management.

MetGen

Venture Round in 2013
MetGen specializes in the development and production of tailored enzymes designed to meet the specific needs of industrial customers. The company's primary products, known as MetZymes, are multicopper oxidases that play a crucial role in oxidative processes, particularly in delignification. By incorporating these biological enzymes into the pulp mix, MetGen enhances the separation of wood fibers prior to the thermo-mechanical pulping stage, leading to significant improvements in energy efficiency throughout the pulp-making process. Additionally, MetGen's enzymatic solutions are applicable across various industries, including pulp, paper, and biofuels, where they facilitate the removal of toxic micro-pollutants from wastewater and promote enhanced operational efficiencies, ultimately contributing to safer food production and improved environmental sustainability.

Scoopshot

Venture Round in 2013
Scoopshot connects mobile photographers and news media worldwide. We're building a worldwide ecosystem for crowdsourcing news photos. Users download our free app, snap newsworthy photos, and send them for sale on the Scoopshot Store, worldwide.

WOT Services

Series A in 2012
WOT Services operates MyWOT, a web safety reputation and review tool that assists users in evaluating the trustworthiness of websites while online. This service displays website reputations as colored traffic lights—green indicates a reliable site, red signals potential threats, and yellow suggests caution—next to search results, social media links, and other popular platforms. Ratings and reviews are generated by a global community of millions of users based on their experiences and are validated by trusted technical sources, ensuring a comprehensive assessment of website safety. Additionally, MyWOT provides warnings about malware and other online threats, enabling users to maintain a secure browsing environment. Users are encouraged to contribute to the platform by rating websites, thereby enhancing overall web safety for the community.

Academica

Venture Round in 2011
Academica provides companies with all the necessary IT infrastructure as a service to enable companies to focus on their core competencies and growing their businesses. Academica enhances the company's employees' daily work and dependability with advanced solutions, as well as bring significant cost savings for the company's IT operations throughout the life cycle costs.
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