TactoTek
Venture Round in 2024
TactoTek is a developer and licensor of injection-molded structural electronics (IMSE®) technologies, which enable the integration of circuits and components directly into plastic parts. This innovation transforms traditional structures into smart, interactive surfaces, making it applicable across various industries, including automotive, aviation, connected home, industrial control, and medical sectors. TactoTek's technologies incorporate flexible printed circuitry, printed antennas, and discrete electronic components into three-dimensional injection-molded plastics, allowing manufacturers to create unique and cost-effective designs. The company holds over 280 patents and offers its intellectual property to global manufacturers, facilitating the production of curved and conformal electronics using standardized manufacturing processes. Through its focus on R&D and quality testing, TactoTek aims to enhance user experiences that are both compelling and sustainable.
Solar Foods
Series B in 2023
Solar Foods Ltd., founded in 2017 and based in Lappeenranta, Finland, is a food-tech startup focused on producing sustainable protein alternatives through innovative technology. The company specializes in a process that utilizes electricity to generate hydrogen, which is then combined with carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This biomass is transformed into Solein, a nutritious single-cell protein that serves as an alternative to animal-derived proteins. Solar Foods' method relies on elements from the air, such as CO2 and nitrogen, and is independent of traditional agricultural practices, making it resilient to climate variations. By employing gas fermentation, Solar Foods aims to provide a sustainable solution for food production that addresses the growing demand for nutritious food ingredients and plant-based meat alternatives.
Steady Energy
Seed Round in 2023
Steady Energy is focused on decarbonizing the energy-intensive heating industry, with an emphasis on residential and district heating solutions. The company manufactures low-temperature nuclear reactors that generate carbon-neutral heat for both district heating and industrial applications. These reactors operate at significantly lower temperatures and pressures compared to traditional nuclear reactors, enhancing safety and efficiency. By providing a viable pathway for companies in the heating sector to transition toward carbon neutrality, Steady Energy aims to play a pivotal role in reducing greenhouse gas emissions associated with heating.
Infinited Fiber
Series B in 2023
Infinited Fiber Company Oy, founded in 2016 and headquartered in Espoo, Finland, specializes in textile chemical recycling. The company has developed a patented technology that transforms cellulose-rich materials, such as cotton-rich textile waste, used cardboard, and agricultural byproducts like wheat and rice straw, into high-quality fibers resembling cotton. This innovative process allows manufacturers in the textile industry to utilize recycled materials, significantly reducing their reliance on virgin resources. Infinited Fiber's technology has been validated by prominent brands and has garnered recognition, including the Europas 2020 Hottest Sustainability Tech Award and a spot on the Global 50 to Watch list by the Cleantech Group in 2019. Additionally, the company was selected for WWF's Climate Solver network, highlighting its commitment to sustainability in the fashion sector.
Dispelix Oy is a Finnish company specializing in the design and manufacture of optical see-through displays for smart glasses and extended reality (XR) devices. Founded in 2015 and headquartered in Espoo, Finland, Dispelix develops advanced waveguide combiners that create transparent displays, allowing users to experience a seamless blend of virtual and real-world environments. The company's flagship product, DiSPEL, utilizes a lens-like light guide to project high-quality, full-color images into the user's field of view, compatible with various image sources including LCOS, LCD, LED, and laser technologies. With subsidiaries in the United States and China, Dispelix aims to be a key player in the XR industry, partnering with leading companies to innovate and enhance the functionality and design of XR wearables.
Kuva Space
Funding Round in 2021
Kuva Space is a company focused on enhancing life on Earth through its extensive constellation of nanosatellites equipped with advanced hyperspectral imaging technology. By utilizing its GREEN DATA® platform, Kuva Space addresses critical global challenges such as climate change, disaster response, and food security. The company provides actionable data and insights that support sustainable management of natural resources, enabling clients to optimize agricultural practices, improve land use, and make informed investment and financial decisions. Additionally, its technology allows for the measurement of regional carbon sequestration rates, prevention of large-scale forest fires, and detection of gas leaks, all facilitated by an integrated artificial intelligence platform.
Dispelix Oy is a Finnish company specializing in the design and manufacture of optical see-through displays for smart glasses and extended reality (XR) devices. Founded in 2015 and headquartered in Espoo, Finland, Dispelix develops advanced waveguide combiners that create transparent displays, allowing users to experience a seamless blend of virtual and real-world environments. The company's flagship product, DiSPEL, utilizes a lens-like light guide to project high-quality, full-color images into the user's field of view, compatible with various image sources including LCOS, LCD, LED, and laser technologies. With subsidiaries in the United States and China, Dispelix aims to be a key player in the XR industry, partnering with leading companies to innovate and enhance the functionality and design of XR wearables.
Solar Foods
Venture Round in 2018
Solar Foods Ltd., founded in 2017 and based in Lappeenranta, Finland, is a food-tech startup focused on producing sustainable protein alternatives through innovative technology. The company specializes in a process that utilizes electricity to generate hydrogen, which is then combined with carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This biomass is transformed into Solein, a nutritious single-cell protein that serves as an alternative to animal-derived proteins. Solar Foods' method relies on elements from the air, such as CO2 and nitrogen, and is independent of traditional agricultural practices, making it resilient to climate variations. By employing gas fermentation, Solar Foods aims to provide a sustainable solution for food production that addresses the growing demand for nutritious food ingredients and plant-based meat alternatives.
Quanturi Oy
Venture Round in 2018
Quanturi Oy is a Finnish company founded in 2016, headquartered in Espoo, with additional locations across Europe, including France, Great Britain, the Netherlands, Switzerland, Italy, and Belgium. The company specializes in developing and providing continuous monitoring solutions for fermentable products, focusing on sectors such as agriculture, forestry, and waste management. Its product offerings include wireless monitoring systems for compost temperature, grain management, and hay, as well as temperature monitoring systems applicable to various other industries. Quanturi Oy also engages in online sales of its innovative solutions, emphasizing the analysis of data associated with its connected objects.
Minima Processor
Seed Round in 2017
Minima Processor Oy is a Finnish company, founded in 2016 and based in Oulu, that specializes in developing innovative semiconductor technology solutions aimed at enhancing the energy efficiency of digital processors. The company's technology enables improvements of up to 20 times in energy efficiency compared to traditional solutions, primarily through ultra-low voltage operation and the removal of timing margins at nominal voltages. Minima Processor's self-adapting intellectual property allows digital subsystems to operate effectively at near-threshold voltages while also being capable of scaling up to meet increased computing demands. Their solutions find applications across various industries, including consumer electronics, sensors, communication devices, medical applications, and computing systems, thereby promoting significant reductions in voltage consumption for diverse tasks.
FocalSpec
Venture Round in 2017
FocalSpec is a privately held high-tech company based in Oulu, Finland, specializing in advanced optical measurement solutions. The company develops a range of products, including 3D optical sensors, surface profilers, and automated quality control systems, designed for industries such as metal, electronics, plastics, and medical sectors. FocalSpec provides accurate data and high-resolution 3D imaging capabilities, enabling clients to optimize manufacturing processes and ensure product quality. With a global presence supported by a subsidiary in Atlanta, USA, and a network of integrators and distribution partners, FocalSpec is dedicated to delivering laboratory-level measurement precision for online quality control.
TactoTek
Venture Round in 2017
TactoTek is a developer and licensor of injection-molded structural electronics (IMSE®) technologies, which enable the integration of circuits and components directly into plastic parts. This innovation transforms traditional structures into smart, interactive surfaces, making it applicable across various industries, including automotive, aviation, connected home, industrial control, and medical sectors. TactoTek's technologies incorporate flexible printed circuitry, printed antennas, and discrete electronic components into three-dimensional injection-molded plastics, allowing manufacturers to create unique and cost-effective designs. The company holds over 280 patents and offers its intellectual property to global manufacturers, facilitating the production of curved and conformal electronics using standardized manufacturing processes. Through its focus on R&D and quality testing, TactoTek aims to enhance user experiences that are both compelling and sustainable.
Desentum Oy, established in 2011 and headquartered in Finland, is a biopharmaceutical company dedicated to developing innovative allergy vaccines. The company focuses on creating hypoallergenic vaccines targeting common allergens such as birch pollen, pet dander, and food proteins like fish and nuts. Desentum's unique approach involves designing vaccines that switch the immune system's response from hypersensitivity to tolerance, aiming to provide long-term relief for allergy sufferers while reducing societal burdens.
BioMensio
Venture Round in 2016
BioMensio Ltd. is a biotechnology company based in Tampere, Finland, founded in 2015. It specializes in the development of innovative handheld detection devices designed for bio-analytics, enabling rapid and frequent on-site detection of multiple biological targets from small sample volumes. The company offers a unique miniaturized micro-array platform that supports the swift development of new bio-screening applications, including food and milk safety, point-of-care testing, and bio-security. BioMensio's technology allows for label-free assays, utilizing a biologically active layer that can detect various analytes without the need for labeling procedures. Additionally, the company's Diagnostics-as-a-Service Platform integrates a fully digital handheld reader, multi-analyte fluid cartridges, and a cloud-based analytics service, providing an accessible solution for partners to develop bio-analysis products and services.
Minima Processor
Seed Round in 2016
Minima Processor Oy is a Finnish company, founded in 2016 and based in Oulu, that specializes in developing innovative semiconductor technology solutions aimed at enhancing the energy efficiency of digital processors. The company's technology enables improvements of up to 20 times in energy efficiency compared to traditional solutions, primarily through ultra-low voltage operation and the removal of timing margins at nominal voltages. Minima Processor's self-adapting intellectual property allows digital subsystems to operate effectively at near-threshold voltages while also being capable of scaling up to meet increased computing demands. Their solutions find applications across various industries, including consumer electronics, sensors, communication devices, medical applications, and computing systems, thereby promoting significant reductions in voltage consumption for diverse tasks.
Spectral Engines
Series A in 2016
Spectral Engines Oy is a Finnish company that specializes in the development and production of advanced spectral sensors leveraging micro-electro-mechanical system (MEMS) technology. Founded in 2014 and headquartered in Helsinki, the company focuses on offering miniaturized and cost-effective sensors for various applications, including process spectroscopy, agriculture, food and beverage analysis, and gas sensing. Their product lineup includes OEM sensors, application development kits, gas sensors, portable instruments, and software development kits. Spectral Engines' sensors are utilized for moisture measurements in pharmaceutical powders, analysis of food composition (such as protein, fat, and sugars), and gas detection, enabling clients to benefit from cloud connectivity and advanced analytical capabilities. The company operates as a subsidiary of m-u-t AG since May 2018.
Dispelix
Seed Round in 2016
Dispelix Oy is a Finnish company specializing in the design and manufacture of optical see-through displays for smart glasses and extended reality (XR) devices. Founded in 2015 and headquartered in Espoo, Finland, Dispelix develops advanced waveguide combiners that create transparent displays, allowing users to experience a seamless blend of virtual and real-world environments. The company's flagship product, DiSPEL, utilizes a lens-like light guide to project high-quality, full-color images into the user's field of view, compatible with various image sources including LCOS, LCD, LED, and laser technologies. With subsidiaries in the United States and China, Dispelix aims to be a key player in the XR industry, partnering with leading companies to innovate and enhance the functionality and design of XR wearables.
Grainsense
Seed Round in 2016
GrainSense Oy, founded in 2014 and based in Oulu, Finland, specializes in agricultural technology with the development of a hand-held device for measuring grain protein and other critical parameters. This innovative device assesses protein, moisture, oil, and carbohydrate content of cereals and crops directly in the field, allowing farmers, seed producers, and plant breeders to make informed decisions that enhance profitability. Additionally, it assists meat producers in managing the protein content of animal feed in real time. The device incorporates GPS positioning and offers cloud-based data services, enabling users to analyze and control crop quality effectively. GrainSense's products were first made available to farmers in late 2016.
Paptic is a manufacturing company focused on creating innovative, wood-based renewable and recyclable products that aim to replace traditional paper and plastic materials. By developing plastic bags that merge the renewability and recyclability of paper with the functional benefits of plastics, Paptic addresses critical global environmental challenges, particularly the accumulation of plastic waste. The company's products enable customers to pursue sustainable practices without compromising their everyday needs for plastic bags.
Asqella
Venture Round in 2015
Asqella is a technology company specializing in passive submillimetre-wave video cameras tailored for loss prevention and physical security applications. The company has developed an innovative sensor technology that delivers superior performance in concealed threat detection compared to existing solutions, all while maintaining a competitive unit cost. Asqella's cameras are designed to provide high-throughput people screening capabilities, making them suitable for use in mass transit hubs, venues, and other crowded environments. By enabling clients to screen visitors and employees effectively, Asqella's products help protect critical assets from theft and enhance overall security measures.
TactoTek
Venture Round in 2015
TactoTek is a developer and licensor of injection-molded structural electronics (IMSE®) technologies, which enable the integration of circuits and components directly into plastic parts. This innovation transforms traditional structures into smart, interactive surfaces, making it applicable across various industries, including automotive, aviation, connected home, industrial control, and medical sectors. TactoTek's technologies incorporate flexible printed circuitry, printed antennas, and discrete electronic components into three-dimensional injection-molded plastics, allowing manufacturers to create unique and cost-effective designs. The company holds over 280 patents and offers its intellectual property to global manufacturers, facilitating the production of curved and conformal electronics using standardized manufacturing processes. Through its focus on R&D and quality testing, TactoTek aims to enhance user experiences that are both compelling and sustainable.
Spectral Engines
Seed Round in 2014
Spectral Engines Oy is a Finnish company that specializes in the development and production of advanced spectral sensors leveraging micro-electro-mechanical system (MEMS) technology. Founded in 2014 and headquartered in Helsinki, the company focuses on offering miniaturized and cost-effective sensors for various applications, including process spectroscopy, agriculture, food and beverage analysis, and gas sensing. Their product lineup includes OEM sensors, application development kits, gas sensors, portable instruments, and software development kits. Spectral Engines' sensors are utilized for moisture measurements in pharmaceutical powders, analysis of food composition (such as protein, fat, and sugars), and gas detection, enabling clients to benefit from cloud connectivity and advanced analytical capabilities. The company operates as a subsidiary of m-u-t AG since May 2018.
TactoTek
Venture Round in 2013
TactoTek is a developer and licensor of injection-molded structural electronics (IMSE®) technologies, which enable the integration of circuits and components directly into plastic parts. This innovation transforms traditional structures into smart, interactive surfaces, making it applicable across various industries, including automotive, aviation, connected home, industrial control, and medical sectors. TactoTek's technologies incorporate flexible printed circuitry, printed antennas, and discrete electronic components into three-dimensional injection-molded plastics, allowing manufacturers to create unique and cost-effective designs. The company holds over 280 patents and offers its intellectual property to global manufacturers, facilitating the production of curved and conformal electronics using standardized manufacturing processes. Through its focus on R&D and quality testing, TactoTek aims to enhance user experiences that are both compelling and sustainable.
TactoTek
Seed Round in 2012
TactoTek is a developer and licensor of injection-molded structural electronics (IMSE®) technologies, which enable the integration of circuits and components directly into plastic parts. This innovation transforms traditional structures into smart, interactive surfaces, making it applicable across various industries, including automotive, aviation, connected home, industrial control, and medical sectors. TactoTek's technologies incorporate flexible printed circuitry, printed antennas, and discrete electronic components into three-dimensional injection-molded plastics, allowing manufacturers to create unique and cost-effective designs. The company holds over 280 patents and offers its intellectual property to global manufacturers, facilitating the production of curved and conformal electronics using standardized manufacturing processes. Through its focus on R&D and quality testing, TactoTek aims to enhance user experiences that are both compelling and sustainable.
TactoTek
Seed Round in 2011
TactoTek is a developer and licensor of injection-molded structural electronics (IMSE®) technologies, which enable the integration of circuits and components directly into plastic parts. This innovation transforms traditional structures into smart, interactive surfaces, making it applicable across various industries, including automotive, aviation, connected home, industrial control, and medical sectors. TactoTek's technologies incorporate flexible printed circuitry, printed antennas, and discrete electronic components into three-dimensional injection-molded plastics, allowing manufacturers to create unique and cost-effective designs. The company holds over 280 patents and offers its intellectual property to global manufacturers, facilitating the production of curved and conformal electronics using standardized manufacturing processes. Through its focus on R&D and quality testing, TactoTek aims to enhance user experiences that are both compelling and sustainable.
MediSapiens
Seed Round in 2010
MediSapiens is a pioneering software company focused on personalized cancer medicine, catering to oncology clinics and the development of new drugs. Established on research conducted since 2005 by the VTT Technical Research Centre of Finland, the company harnesses bioinformatics and peer-reviewed data to provide online genomic insights. This enables scientists to comprehend the impact of human genes on health and disease, assisting oncologists in selecting optimal treatments. MediSapiens also offers a biotechnology adaptive technology platform that facilitates the analysis, visualization, and management of complex biologics data through integrative multi-omics analysis and automated diagnostic workflows. By empowering precision medicine programs, the platform aids bio-oncologists in cost-effectively understanding and analyzing genomic data while minimizing development risks.