So far this year Finnish startups have raised €1bn from VC funds, more than the €1bn in all of 2020.
But which are the most exciting startups and scaleups? Which are the ones to watch in 2021?
Our team of experts at Sifted have chosen a list of exciting companies we think you need to know about, with an added ‘Sifted take’ on some to provide an extra layer of insight.
It’s a mixture of the big and the small, the well known and the under the radar. But all are making waves. Keep reading below and stay informed about Europe’s new economy!
(P.S The data is from European Startups, with valuation estimates from Dealroom. If there is anyone missing from this list, or anything is wrong, please let us know by email at [email protected]).
Key
Year founded
Amount raised
Last funding round
Valuation
Employees
3.8m
€6-€9m
10-50
EatAndTheCity
White label software solution for finding and booking restaurants
Helsinki, Finland
3.3m
€13-€20m
10-50
3.3m
€13-€20m
10-50
Paptic
Paptic is manufacturing company that revolutionizes environmental new material, wood-based renewable and recyclable products
Espoo, Finland
3.3m
€4-€7m
10-50
Paptic
Paptic is manufacturing company that revolutionizes environmental new material, wood-based renewable and recyclable products
Espoo, Finland
3.3m
€4-€7m
10-50
2.3m
€7-€10m
10-50
Originalrepack
Reusable and returnable delivery packaging service for e-commerce
Helsinki, Finland
2.3m
€0.20-€0.30m
10-50
2.3m
€0.20-€0.30m
10-50
Singa
Karaoke service that allows the users to sing online using mobile, desktop browser and Smart TV
Helsinki, Finland
2.3m
€7-€11m
10-50
Singa
Karaoke service that allows the users to sing online using mobile, desktop browser and Smart TV
Helsinki, Finland
2.3m
€7-€11m
10-50
Revonte
Revonte is creating a new revolutionary drive system for e-bikes
Tampere, Finland
2.22m
€7-€11m
10-50
2.22m
€7-€11m
10-50
Hei Schools
An international preschool concept based on the Finnish educational expertise and Nordic approach to education
Helsinki, Finland
2m
€8—12m
10-50
Hei Schools
An international preschool concept based on the Finnish educational expertise and Nordic approach to education
Helsinki, Finland
2m
€8—12m
10-50
1.7m
€2-€3m
10-50
1.64m
€7-€10m
10-50
1.6m
€4-€7m
10-50
Brinter
BioPrinting Solutions - Brinter™ Bioprinter - The Future of 3D BioPrinting
Turku, Finland
1.2m
€5—7m
1-10
1.2m
€5—7m
1-10
1m
€2-€3m
10-50
Geyser Batteries Oy
Geyser Batteries developed water-based high-performance batteries
Vaasa, Finland
1m
€4-€6m
1-10
1m
€4-€6m
1-10
EntoCube
Aims to revolutionize sustainable food production by insect farming technology
Espoo, Finland
0.6m
€1m
10-50
EntoCube
Aims to revolutionize sustainable food production by insect farming technology
Espoo, Finland
0.6m
€1m
10-50
0.3m
€1-€2
50-100
0.05m
-
1-10
0m
-
10-50
-m
-
10-50
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