Finnish startup Noccela raised 1.2 million through a directed share issue. The company did not name the new investors, but said 89 percent of the funding comes from the Netherlands, while the remaining shares were bought by Finnish investors. Existing investors were included in this group.
Finnish MultiTaction, a provider of advanced visualisation solutions, announced that it has secured €7 million in funding from Harbert European Growth Capital Fund (HEGCF).
Finland-based healthtech company Oura Ring closed a €5 million Series A funding round. Investors included MIT Media Lab Director Joi Ito, and Jaan Tallinn, Skype’s founding engineer and a cofounder of Kazaa.
French startup Aryballe Technologies has raised a €3.1 million from the Japanese Asahi Kasei Corporation for its “electronic nose.”
GE (General Electric) believes Europe can transform its economy through digitalisation and the Industrial Internet.
French IoT statup Sigfox announced it has closed a Series E funding round of €150 million to accelerate the expansion of its global network to 60 countries.
Applications are open for startups with smart products and services for the connected home and business.