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May 2023: Deals, exits and Tech.eu Summit highlights
Builder.ai builds up $250 million, Eduflow goes with the acquisition flow, and more than €883 million was invested in European Tech last week
Ripple buys Metaco in $250 million deal, Wefox adds another $110 million, and more than €984 million was invested in European Tech last week
Driveco drives home €250 million, Ōura acquires Proxy, and more than €1.3 billion was invested in European Tech last week
Lilium is raising $250 million, VentureWave laps up Funderbeam, and more than €467 million was invested in European Tech last week

Examine the effects of the latest technology with the Tech.eu lens, see the details and create powerful strategies. Take immediate action to access exclusive articles and reports.

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Finland

Finnish startup Montinutra transforms forest waste into sustainable personal care ingredients

Most of Europe's forests are in Finland,…

Finnish startup Montinutra transforms forest waste into sustainable personal care ingredients

Cate Lawrence 28 April 2023

EV charging platform Virta plugs into €85 million

Helsinki-based electric vehicle charging platform Virta has raised €85 million in a new funding…

EV charging platform Virta plugs into €85 million

Dan Taylor 27 April 2023

Despite slowdowns in the European tech ecosystem, Finnish startups reached a new record in 2022

The Finnish Venture Capital Association (FVCA)…

Despite slowdowns in the European tech ecosystem, Finnish startups reached a new record in 2022

Tamara Djurickovic 24 April 2023

Finnish startup Synergi launches a smart electricity platform to give home customers more power over their energy bills

Today Finnish energy tech startup Synergi,…

Finnish startup Synergi launches a smart electricity platform to give home customers more power over their energy bills

Cate Lawrence 19 April 2023

Metacore to the rescue: publisher acquires cancelled mobile games title Everdale

Mobile games enthusiasts playing the village…

Metacore to the rescue: publisher acquires cancelled mobile games title Everdale

Callum Cyrus 27 January 2023

Wave Ventures, a student-led VC, raises €2 million for its second fund

Wave Ventures, a Finnish VC run by students, marked the formal launch of its second €2 million…

Wave Ventures, a student-led VC, raises €2 million for its second fund

Callum Cyrus 21 November 2022

Virtual Reality

Yahaha's metaverse creation tool lures $40 million

After launching the early alpha for its user generated metaverse creation tool, Finland-based…

Yahaha's metaverse creation tool lures $40 million

Callum Cyrus 15 November 2022

Artificial Intelligence

Finnish startup Aeromon raises €4.8 million to cut emissions and improve work safety

Helsinki-based emission monitoring service and…

Finnish startup Aeromon raises €4.8 million to cut emissions and improve work safety

Megha Paul 09 June 2022

Gourmet lovers rejoice! Huuva gobbles €4.9 million from General Catalyst to bring delivery food outside city hot spots

The trendiest, most popular restaurants…

Gourmet lovers rejoice! Huuva gobbles €4.9 million from General Catalyst to bring delivery food outside city hot spots

Megha Paul 01 June 2022

Gamified platform Hoxhunt hunts down $40 million to enable employees to respond to cyberattacks

Cybercrime represents an ever-worsening…

Gamified platform Hoxhunt hunts down $40 million to enable employees to respond to cyberattacks

Megha Paul 31 May 2022

Finnish startup drives in €8 million to guide autonomous vehicles in bad weather

After Spanish ride-hailing and multi-mobility…

Finnish startup drives in €8 million to guide autonomous vehicles in bad weather

Megha Paul 20 May 2022

Software development

Finnish open source software champion Aiven raises $210 million, landing a $3 billion valuation

A little over a year after scoring $100…

Finnish open source software champion Aiven raises $210 million, landing a $3 billion valuation

Robin Wauters 11 May 2022

Quantum Computing

The quantum leap! IQM picks €35 million funding to boost quantum fabrication facility in Espoo

Finland’s IQM Quantum Computers has received…

The quantum leap! IQM picks €35 million funding to boost quantum fabrication facility in Espoo

Megha Paul 29 April 2022

Finland’s Varjo unveils reality cloud platform to facilitate immersive design collaborations for everyone, everywhere

Helsinki-based provider of VR/XR solutions…

Finland’s Varjo unveils reality cloud platform to facilitate immersive design collaborations for everyone, everywhere

Megha Paul 29 April 2022

INSIGHTS Investment

Finland’s startups attracted record-breaking investment in 2021

Finnish startups had a cracking year in 2021, pulling in a total of €1.2 billion in investment,…

Finland’s startups attracted record-breaking investment in 2021

Jill Petzinger 21 April 2022

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