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 […]
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, 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 Happeo, a social intranet platform, has raised $12 million in a Series A round led by INKEF Capital. Previous investors DN Capital, Maki.vc and Vendep Capital also joined the round. The funding will accelerate the Nordic startup’s product development and grow its teams in the Netherlands, Finland, Romania and the US. Happeo is a […]
Helsinki-based gaming studio Reworks has raised 4 million in a funding round led by EQT Ventures, with support from Play Ventures and Anton Gauffin, the founder and CEO of Huuuge Games. The investment will fuel the global launch of Redecor, the mobile game that’s a “playground for home decor” where users can design virtual interiors. […]
Helsinki-based Sparkmind.vc is launching a €40 million edtech venture capital fund, claiming the first of its kind in the Nordics. The firm hopes to reach a €60 million final close by the end of 2020. With its first fund, Sparkmind.vc will invest anywhere from seed to Series B stage in businesses across various educational sectors, […]
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 […]