Business Finland is a Finnish government agency established in 2018, focusing on innovation funding and services to promote internationalization and travel. It supports research communities, industry, and service sectors, emphasizing a diverse approach to innovation that includes technological, service-related, design, business, and social advancements. The agency does not seek financial profit from its activities and does not claim intellectual property rights. Business Finland plays a crucial role in connecting international buyers with Finnish companies, facilitating investment opportunities, and showcasing Finland's key industries, which range from food and nature to advanced technology. Its initiatives aim to foster continuous innovation with a global impact, particularly in sectors such as cleantech, digitalization, consumer goods, and healthcare.
Solar Foods Ltd. is a food-tech startup based in Lappeenranta, Finland, founded in 2017. The company specializes in producing a sustainable protein called Solein, which serves as an alternative to animal-derived proteins. Solein is developed through a unique process that combines electricity, hydrogen, carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This method utilizes gas fermentation, allowing the production of edible calories from hydrogen-oxidizing microbes without reliance on traditional agriculture, weather, or climate conditions. Solar Foods aims to provide nutritious food ingredients and plant-based meat alternatives that promote sustainability in food production.
Happy Plant Protein
Grant in 2024
Happy Plant Protein develops a plant protein technology.
Infine
Debt Financing in 2024
Infine is a Nordic smart tech startup specialising in sustainability management. Our flagship product, Infine Insight, is a B2B SaaS that provides sustainability intelligence and data analytics for Fast-Moving Consumer Goods (FMCG) businesses to manage product, portfolio, and business sustainability. Expanding to B2B2C, under development: Another feature with strong market demand is our automated, consumer-friendly, product-specific sustainability indicator that can be embedded in 2D product information pages or any other digital platform. By leveraging deep technology and scalability, we provide our clients with the tools they need to lead in sustainability, from risk mitigation to opportunity identification.
eMabler
Grant in 2023
eMabler is a developer of an API-First platform that focuses on electric vehicle (EV) charging infrastructure. The platform is designed to manage and launch EV charging services in a cost-effective manner, integrating seamlessly with other business systems such as mobile applications and payment systems. By leveraging advanced technology, eMabler enables businesses to effectively manage electricity usage, streamline operations, and enhance service reliability. This integration supports scalability for companies looking to adopt or expand their EV charging offerings, making it easier to incorporate EV infrastructure into existing business frameworks.
Spinnova
Grant in 2023
Spinnova Ltd. is a Finnish textile manufacturer based in Jyväskylä that specializes in sustainable fiber yarn technology. Founded in 2014, the company has developed an innovative process that converts wood and waste materials, including leather and agricultural by-products, into textile fibers without the use of harmful chemicals. Spinnova aims to revolutionize the global textile industry by promoting environmentally friendly manufacturing practices and reducing reliance on conventional, resource-intensive methods. Through its advanced technology, Spinnova seeks to provide a sustainable alternative for textile production that aligns with growing environmental concerns.
Virta
Grant 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.
VTT Ventures
Grant in 2022
VTT Ventures Ltd is the venture capital arm of VTT Technical Research Centre of Finland, established in 2010 and headquartered in Espoo. The firm specializes in pre-seed and seed-phase investments, focusing on high-tech companies that have the potential for international growth. VTT Ventures employs equity and convertible debt financing instruments, generally investing between EUR 0.11 million and EUR 0.6 million per transaction. It primarily targets companies with revenues up to EUR 1 million and enterprise values between EUR 2 million and EUR 5 million, aiming for a minority stake of up to 25%. The firm is industry agnostic but shows a preference for sectors such as imaging and optics, the Internet of Things, life sciences, materials, and software. VTT Ventures seeks to be an active owner, often taking a board seat in its portfolio companies, and aims to exit its investments within five years.
Spinnova
Grant in 2022
Spinnova Ltd. is a Finnish textile manufacturer based in Jyväskylä that specializes in sustainable fiber yarn technology. Founded in 2014, the company has developed an innovative process that converts wood and waste materials, including leather and agricultural by-products, into textile fibers without the use of harmful chemicals. Spinnova aims to revolutionize the global textile industry by promoting environmentally friendly manufacturing practices and reducing reliance on conventional, resource-intensive methods. Through its advanced technology, Spinnova seeks to provide a sustainable alternative for textile production that aligns with growing environmental concerns.
Lygg
Debt Financing in 2022
Lygg operates a smart mobility platform aimed at enhancing the flying experience for travelers. The platform focuses on transforming air travel by offering dynamic routing and aggregating customers' travel needs. It provides private flight options at prices comparable to commercial flights, leveraging small local airports to reduce travel time. Additionally, Lygg is committed to promoting emission-free travel in the near future through the use of electric flying technologies.
eMabler
Seed Round in 2021
eMabler is a developer of an API-First platform that focuses on electric vehicle (EV) charging infrastructure. The platform is designed to manage and launch EV charging services in a cost-effective manner, integrating seamlessly with other business systems such as mobile applications and payment systems. By leveraging advanced technology, eMabler enables businesses to effectively manage electricity usage, streamline operations, and enhance service reliability. This integration supports scalability for companies looking to adopt or expand their EV charging offerings, making it easier to incorporate EV infrastructure into existing business frameworks.
eMabler
Debt Financing in 2021
eMabler is a developer of an API-First platform that focuses on electric vehicle (EV) charging infrastructure. The platform is designed to manage and launch EV charging services in a cost-effective manner, integrating seamlessly with other business systems such as mobile applications and payment systems. By leveraging advanced technology, eMabler enables businesses to effectively manage electricity usage, streamline operations, and enhance service reliability. This integration supports scalability for companies looking to adopt or expand their EV charging offerings, making it easier to incorporate EV infrastructure into existing business frameworks.
Solar Foods
Venture Round in 2020
Solar Foods Ltd. is a food-tech startup based in Lappeenranta, Finland, founded in 2017. The company specializes in producing a sustainable protein called Solein, which serves as an alternative to animal-derived proteins. Solein is developed through a unique process that combines electricity, hydrogen, carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This method utilizes gas fermentation, allowing the production of edible calories from hydrogen-oxidizing microbes without reliance on traditional agriculture, weather, or climate conditions. Solar Foods aims to provide nutritious food ingredients and plant-based meat alternatives that promote sustainability in food production.
Parking Energy
Debt Financing in 2019
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
Parking Energy
Debt Financing in 2019
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
720 Degrees
Seed Round in 2019
720 Degrees Oy specializes in developing a cloud-based analytics solution for monitoring indoor environmental quality. Founded in 2012 and based in Helsinki, Finland, with an additional location in New York, the company offers a range of sensors and software that collect and analyze real-time data on air quality, thermal comfort, and noise pollution. Their air quality sensors measure various parameters, including temperature, relative humidity, carbon dioxide, total volatile organic compounds, and particulate matter. The platform aims to enhance workplace health and satisfaction, allowing organizations and building owners to create optimal working environments. By leveraging artificial intelligence and data-driven insights, 720 Degrees enables businesses to improve office conditions, promote occupational health, and enhance overall job satisfaction and performance.
Spinnova
Venture Round in 2018
Spinnova Ltd. is a Finnish textile manufacturer based in Jyväskylä that specializes in sustainable fiber yarn technology. Founded in 2014, the company has developed an innovative process that converts wood and waste materials, including leather and agricultural by-products, into textile fibers without the use of harmful chemicals. Spinnova aims to revolutionize the global textile industry by promoting environmentally friendly manufacturing practices and reducing reliance on conventional, resource-intensive methods. Through its advanced technology, Spinnova seeks to provide a sustainable alternative for textile production that aligns with growing environmental concerns.
Altum Technologies
Series A in 2018
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.
Parking Energy
Grant in 2018
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
Parking Energy
Debt Financing in 2018
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
Parking Energy
Grant in 2017
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
Parking Energy
Grant in 2017
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
Nuuka
Grant in 2017
Nuuka is a Finnish company that specializes in optimizing HVAC systems, energy management, and indoor climate for large building portfolios. Its software-as-a-service platform is designed for both new and existing public and commercial buildings, allowing integration with various building management systems, HVAC units, indoor air quality sensors, and energy meters. By providing real-time monitoring and management capabilities, Nuuka enhances energy efficiency and indoor air quality while reducing operational costs and promoting sustainability. The platform automates data collection from multiple sources, enabling real estate owners, developers, retail chains, and municipalities to make informed decisions that contribute to smarter, more sustainable building practices.
Parking Energy
Grant in 2016
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
720 Degrees
Seed Round in 2016
720 Degrees Oy specializes in developing a cloud-based analytics solution for monitoring indoor environmental quality. Founded in 2012 and based in Helsinki, Finland, with an additional location in New York, the company offers a range of sensors and software that collect and analyze real-time data on air quality, thermal comfort, and noise pollution. Their air quality sensors measure various parameters, including temperature, relative humidity, carbon dioxide, total volatile organic compounds, and particulate matter. The platform aims to enhance workplace health and satisfaction, allowing organizations and building owners to create optimal working environments. By leveraging artificial intelligence and data-driven insights, 720 Degrees enables businesses to improve office conditions, promote occupational health, and enhance overall job satisfaction and performance.
MaaS Global
Seed Round in 2016
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.
Parking Energy
Debt Financing in 2015
Parking Energy specializes in providing electric vehicle charging solutions tailored for real estate properties. The company focuses on sustainable mobility by offering a range of charging services designed for electric car drivers, housing associations, and businesses. Their innovative approach includes an open platform that accommodates various types of chargers from different providers, facilitating seamless integration within multi-stakeholder real estate environments. By prioritizing cost-effectiveness and scalability, Parking Energy aims to support the transition to sustainable mobility with future-proof charging options that meet the evolving needs of clients.
720 Degrees
Angel Round in 2014
720 Degrees Oy specializes in developing a cloud-based analytics solution for monitoring indoor environmental quality. Founded in 2012 and based in Helsinki, Finland, with an additional location in New York, the company offers a range of sensors and software that collect and analyze real-time data on air quality, thermal comfort, and noise pollution. Their air quality sensors measure various parameters, including temperature, relative humidity, carbon dioxide, total volatile organic compounds, and particulate matter. The platform aims to enhance workplace health and satisfaction, allowing organizations and building owners to create optimal working environments. By leveraging artificial intelligence and data-driven insights, 720 Degrees enables businesses to improve office conditions, promote occupational health, and enhance overall job satisfaction and performance.
EkoRent
Grant in 2014
EkoRent is an electric car rental service based in Espoo, Southern Finland, that allows individuals to rent fully electric vehicles on an hourly basis. Founded by Juha Suojanen in March 2014, EkoRent provides car rental, car sharing, and ridesharing services tailored to the needs of both businesses and private customers. Users can access vehicles from nearby EkoRent stations through the company's mobile application, which enables them to unlock the cars using a smartphone or text message. The service is designed to be carbon dioxide emission-free, helping clients to reduce pollution and avoid traffic congestion while promoting environmentally friendly transportation options.
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