Enevo Gets €2 million from FII and Lifeline Ventures
Enevo, the provider of waste management logistics optimization systems based on wireless sensors and data analytics, completes a €2 million investment round from FII and Lifeline Ventures. The funding round will be used to start worldwide deliveries.
M-Files Secures €6 million Series A Funding
M-Files Corporation, the developer of enterprise content management solutions, raised a €6 million round of Series A funding from DFJ Esprit and FII to fuel global expansion and continued growth.
EVFIN meets in Helsinki
European Venture Fund Investors Network (EVFIN) has its meeting in Helsinki, Finland and appoints FII’s Jouni Hakala as the new Chairman. EVFIN is a platform for dialogue launched in 2011 by major national investors in venture capital. EVFIN’s objective is to enable sharing of best practices, to contribute to the EU public debate on improving access to finance for SMEs, and explore joint operational partnerships.
Emerald Fund III Invests in MetGen
The Swiss Emerald joins the €2.7 million Series A financing round in MetGen Oy, a developer of industrial enzyme solutions. Other investors include Sofinnova Partners, FII, HST Partners, Finnvera and Cleantech Invest. The funding will accelerate MetGen’s commercial roll-out and development of new products.
FII Invests in Coronaria
Coronaria, a rapidly growing provider of social and healthcare services, strengthens its operations through a financing round, with participation from FII and the company’s previous owners.
Rightware Closes €4 million Series B Round
Rightware, the leader in embedded user interface (UI) software and performance benchmarking tools, closes a €4 million Series B round with Inventure, Nexit Ventures, and new investor FII. The investment will be used to further expand global sales and continue the development of the Kanzi UI Solution, which continues to gain traction within the automotive sector and consumer electronics companies in Europe, USA and Asia.
Lifeline Ventures Fund Grows to €30 million
Norvestia Industries and FII are new investors in the fund, and FoF Growth and Ilmarinen increase their commitments. Lifeline Ventures is a venture capital fund investing healthcare, gaming and technology companies.
New Shareholder Structure Reinforces Aidon’s Growth Strategy
To reinforce the implementation of the company's growth strategy, Aidon has reorganized its shareholder structure by introducing Alder, a Nordic growth capital investor, as a new majority shareholder. Aidon is a technology company providing advanced smart metering solutions.
MetGen Oy Named in the 2013 Global Cleantech 100
MetGen, an emerging developer of novel industrial enzymes, was named in the prestigious 2013 Global Cleantech 100, produced by Cleantech Group. The Global Cleantech 100 list highlights private clean technology companies that are the most likely to make the most significant market impact over the next 5-10 years.
Scoopshot Raises $3.9 million Series A funding
The Finnish on-demand photo service Scoopshot secures investment from Conor Venture Partners and FII to capitalize on growing demand for unique and relevant photography by targeting brands and publishers in US, UK and worldwide.
Corporate Cleantech Venture Day
Cleantech companies and international venture capitalists in the field of cleantech meet for the 8th time at the Cleantech Venture Day. LADEC organizes the event now for the first time with a Corporate theme in co-operation with Cleantech Scandinavia, Sitra, Tekes and FII.
FII Acquires Majority Holding in Aker Arctic
Aker Arctic is a leading company for marine logistics, offshore industry solutions and vessels in the Arctic regions. The company's other owners, with holdings of equal size, are Finnish ABB and the Norwegian company Aker Engineering and Technology AS.
Intel Capital Leads $20 million Investment in SkySQL
SkySQL, the global software vendor specialising in high performance open source databases, secures $20 million in Series B investment from Intel Capital, California Technology Ventures, FII, Open Ocean Capital and Spintop Private Partners. The funding will be used to invest in the MariaDB open source project, to better support the company’s rapidly growing community and user base worldwide, and to develop commercial solutions for scaling the MariaDB database server.
FII partners with SLUSH
FII participates in Europe’s largest startup conference Slush as a part of Team Finland. Slush attracts over 5000 entrepreneurs, students and venture capitalists to Helsinki. FII is a local partner for international venture capitalists in Finland, providing them with access to high quality deal-flow and networks.
Visedo raises €4 million
Visedo, a rapidly growing developer of electrical drive components has secured an investment of € 4 million from FII and the company’s existing owners Power Fund II and Sinituote. The current financing round will accelerate the international growth of the company.