Mainframe, a Finnish-Icelandic gaming studio, raised €7.6m in Series A funding. The round was led by Andreessen Horowitz (a16z) with participation from Riot Games, Maki.vc, Play Ventures, Sisu Game Ventures, and Crowberry Capital. In conjunction with the funding, Ilkka Kivimäki joined Mainframe’s board as chairman. The company intends to use the funds to continue to […]
Oura Health, an Oulu, Finland-based provider of wellness ring and app, raised $28M in Series B funding.
Finnish ePassi Payments Oy, a mobile payment solution for employee benefits, acquired ActiWay Ab, a market leader for wellness allowance systems in Sweden.
Innovestor, a Helsinki, Finland-based venture capital firm, held the first close of its new B2B Industrial Technology Fund, at €30M.
Everi Payments Inc., a wholly owned subsidiary of Everi Holdings, Inc. (NYSE: EVRI), a Las Vegas, NV-based provider of gaming products, fintech and player loyalty solutions in the gaming industry, recently bought some strategic assets of Micro Gaming Technologies, a provider of self-service casino loyalty and marketing products and promotional tools and apps.
Betsson, a Swedish holding company listed on Nasdaq Stockholm Large Cap (BETS) investing in and managing online gaming companies, acquired the business to consumer (B2C) operations of Gaming Innovation Group (GiG), for approximately €31m.
Valo Therapeutics Limited, an Oxford, UK and Helsinki, Finland-based immuno-oncology company developing tumour antigen-coated oncolytic viruses as therapeutic vaccines, received EUR1.1m in additional funding.
Aiven, a Helsinki, Finland-based startup that combines open source technologies with cloud infrastructure, raised $40m in Series B funding.
Verto Analytics Inc., a Helsinki, Finland- and New York City-based behavioral analytics platform provider, raised a $16m third funding round.
Mobidiag Ltd., an Espoo, Finland-based revenue generating, molecular diagnostics company with complementary platforms that address antimicrobial resistance and other areas of unmet diagnostic need, received a EUR 1.5 million (~$1.65m) additional funding.
Speechly, a Helsinki, Finland-based provider of tools for next-gen voice apps, raised €2m in seed funding.
Smartly.io, a creative and digital advertising platform, received a €200m majority investment from funds advised by Providence Equity Partners.
Sooma Medical Ltd, a Helsinki, Finland-based medical device company developing non-invasive brain stimulation devices for treatment of neurological and psychiatric disorders, raised €1.25m in funding.
Flowhaven, a Helsinki, Finland-based brand licensing solution built on Salesforce, closed a $5.2m (€4.75m) seed round of financing.
Private equity firm Black Dragon Capital (BDC) has acquired Maginus, a Manchester, UK-based e-commerce software and technology solutions developer for retailers and distributors.