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Ahlstrom-Munksjo to acquire paper mill in Brazil

Finnish company Ahlstrom-Munksjo has agreed to acquire MD Papéis’ Caieiras specialty paper mill in Brazil from Formitex Group. The post Ahlstrom-Munksjo to acquire paper mill in Brazil appeared first...

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Chinese tissue giant acquires stake in Finnpulp

Hengan International, the largest manufacturer of sanitary napkins in China, has invested 11.7 million euros in Finnpulp, a company preparing a major greenfield softwood pulp mill investment in Kuopio,...

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Smarp scores EUR 4.2 million in capital

London-based VC Nauta Capital has invested 4.2 million euros in supporting Smarp’s expansion amidst growing market demand for the company’s employee communication solution. The post Smarp scores EUR...

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Cargotec bulks up joint venture with JCE Invest

Finnish company Cargotec and Swedish firm JCE Invest have established a joint venture, the Bruks Siwertell Group, specialising in dry bulk handling. The post Cargotec bulks up joint venture with JCE...

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QuietOn says goodnight to snoring

Finnish company QuietOn has raised 560 000 US dollars in crowdfunding for its new, upgraded, noise-cancelling earplugs QuietOn Sleep. The post QuietOn says goodnight to snoring appeared first on Good...

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Finnish startups attract most venture capital in Europe

Data from the past five years reveals that Finland is the number one country in European venture capital (VC) investments when the end investments are compared to GDP. The post Finnish startups attract...

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Sharetribe raises EUR 1.1 million in crowdfunding

Finnish software startup Sharetribe, which is dedicated to helping entrepreneurs and organisations to create their own sharing-economy platforms, needed only 48 hours to smash its crowdfunding target...

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Sulapac secures significant new investors

Finnish startup Sulapac has received investments from Mika Ihamuotila and Planvest that will help accelerate the internationalisation and development of its biodegradable alternative to plastic. The...

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Yepzon to solidify position in the US

The Finnish developer of a family of locator and tracking devices has signed a letter of intent to merge its US-based affiliate, Yepzon Inc., with its licensing partner PocketFinder. The post Yepzon to...

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HMD Global raises USD 100 million funding

Finland-based startup HMD Global, the exclusive licensee for Nokia’s phones and tablets, has raised an additional 100 million US dollars to scale up operations and fuel growth. The post HMD Global...

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MVision AI secures pre-seed investment

Finnish startup MVision AI has raised 620 000 euros in pre-seed funding to further develop its technology that improves various cancer treatments by using artificial intelligence and machine learning....

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USD 34 million spurs ICEYE’s satellite launches

ICEYE, a Finnish microsatellite manufacturer, has raised 34 million US dollars in second-round funding from the likes of True Ventures and Draper Network VC. The post USD 34 million spurs ICEYE’s...

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Mobidiag raises additional EUR 4 million

The Finnish molecular diagnostics company Mobidiag has closed a four-million-euro funding round supported by Finnish investment service company Springvest. The post Mobidiag raises additional EUR 4...

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Miradore gets backed by Standout Capital

Finnish device management and security software firm Miradore has secured Stockholm-based Standout Capital as its largest investor, to help spur international growth. The post Miradore gets backed by...

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Finnish companies boost global clout

Finnish companies Kuori, Halton, and Milestone Coaching and Consulting are expanding their influence on international markets. The post Finnish companies boost global clout appeared first on Good News...

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Lumoa receives 650 000 euros in seed funding

Finnish startup Lumoa has secured 650 000 euros in seed funding from Icebreaker.vc, entrepreneur Ali Omar and Business Finland. The post Lumoa receives 650 000 euros in seed funding appeared first on...

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Finnish companies secure the green

Finnish software firm DB Pro and Finnish smart garden developer Plantui have received significant funding to be used for international growth. The post Finnish companies secure the green appeared first...

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Valpas checks in EUR 500K

Finnish hardware startup Valpas Enterprises has raised 500 000 euros in seed funding to advance internationalisation and the mass production of its IoT bedbug solution for hotels. The post Valpas...

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Finnish firms acquire greater standing globally

Finnish cyber security company F-Secure is securing a leading position globally by acquiring MWR InfoSecurity, while Finnish IT and software firm Solteq becomes the leading LS Retail supplier in the...

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Critical Force raises more than EUR 5 million

Critical Force, the Finnish mobile game developer behind the very popular first-person shooter (FPS) mobile game Critical Ops, has raised 5.45 million euros from Business Finland. The post Critical...

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