Etteplan
Etteplan specializes in engineering services, focusing on industrial equipment, embedded systems, Internet of Things (IoT), and technical documentation. The company offers comprehensive solutions throughout the entire product life cycle, catering to clients in various sectors, including aerospace, defense, automotive, and energy. Its expertise encompasses electronics and embedded systems development, automation, electrical and mechanical design, and technical documentation. Etteplan's diverse client base includes global leaders in industries such as consumer products, industrial machinery, medical technology, and materials handling. While its primary revenue stems from engineering solutions, the company also provides software and embedded solutions, along with technical documentation services. With a strong presence in Finland and Scandinavia, Etteplan continues to expand its reach in international markets.
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Past deals in Embedded Software
Ekkono Solutions AB
Series B in 2022
Ekkono Solutions AB develops machine learning for the Internet of Things. It provides an embedded analytics engine that runs on connected devices, handling the full workflow from data input and model training to model deployment, retraining and data output. The company serves IoT applications across industries such as energy, telecom, automotive, agriculture, healthcare and housing automation, as well as consumer IoT products including home security gateways, e-bikes and lawnmower robots. Based in Tvååker, Sweden, Ekkono emphasizes edge processing to learn the normal state of each device, enabling anomaly detection, impact analysis, and proactive planning. By processing data locally, it reduces network load and sends only relevant information to the cloud for further analysis, supporting real-time decisions and end-to-end data management.
Syncore Technologies
Acquisition in 2022
Syncore Technologies specializes in the development of advanced embedded systems, serving clients in the industrial systems, aerospace, and defense sectors. The company offers a comprehensive range of services, including preliminary studies, product development, manufacturing, testing, and verification of embedded systems. Syncore Technologies addresses critical challenges such as product updates, version control, and full traceability at the component level, effectively supporting clients throughout the entire product life cycle. With a focus on transforming ideas into fully realized products, Syncore Technologies plays a vital role in enhancing the operational efficiency and reliability of its customers' systems.
Espotel
Acquisition in 2016
Espotel is a prominent provider of research and development services for electronic devices and embedded systems, based in Finland. The company specializes in product creation services, offering a comprehensive range of solutions that include consultation, development, and production test systems. Espotel has established itself at the forefront of technology by collaborating with leading partners such as ARM, IBM, Texas Instruments, and National Instruments. In addition to its R&D services, the company designs and sells off-the-shelf products, catering to a diverse international customer base within the technology sector. With a strong emphasis on innovation, Espotel continues to position itself as a vital player in the development of cutting-edge electronic solutions.
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