Helsinki’s Basemark wins €7 million round for graphics software that aids autonomous vehicles

Basemark, a Finnish company specialising in graphics and autonomous driving vehicle software, has raised €7 million in a round led by ETF Partners, investing from its Environmental Technologies Fund. The capital will be used to accelerate Basemark’s growth. The company is known for its product Rocksolid Engine, a real-time graphics and compute software solution that […]


Helsinki-based Swappie raises $40 million Series B to expand refurbished smartphone marketplace across Europe

Swappie, a Helsinki-based refurbished electronics marketplace, has raised a $40 million Series B round from TESI, as well as existing investors Lifeline Ventures, Reaktor Ventures, and Inventure, all of which participated in Swappie’s $5.6 million Series A in 2019. Founded in 2016 by Sami Marttinen and Jiri Heinonen (CMO), Swappie refurbishes smartphones and sells directly […]

Bob W

Helsinki hospitality startup Bob W raises €4 million for tech-enabled apartment hotels with custom sanitisation process

Bob W, a Helsinki-based hospitality startup, has raised €4 million in a seed round led by byFounders and joined by real estate investors NREP and Estonian firm Kaamos. Additional investors include Baltic VCs Superangel and United Angels, and other angels from Germany and the Nordics. The Finnish startup offers an accommodation hybrid between hotels and […]


Helsinki-based VC firm Innovestor announces new €100 million industrial technology fund for Nordic and Baltic startups

Helsinki-based VC firm Innovestor has announced a new €100 million fund, and its first close of €30 million, that will go toward industrial technology startups in the Nordic and Baltic regions. Innovestor’s new fund will offer early-state investments to companies in the Nordics and Baltics that focus on Industry 4.0 and related sectors, such as […]