€67M in New Deals and a New AI Superhub in Finland - Here Is Your Map

Let's have your hand on the founder’s pulse!

This newsletter is the map that helps you navigate the Finnish entrepreneurial scene. Our goal is to keep you informed and connected with the latest funding news, insights, and must-attend events, regardless of the industry you build in.

 🥇Funded!

Startup

Funding

CEO

Sector

CloEE

€520k pre-seed

Alexander Zadorozhniy

Industrial AI / Manufacturing

Hailia

€1.75M seed

Michaela Lindström

Foodtech / Circular Economy

Swarmia

€10M Series A

Otto Hilska

SaaS / Developer Productivity

💥Startups to Watch

Renow | Recommerce platform that automates product returns and resale. Expanding across Northern Europe.

Nvelop | Automates sourcing and contracting with AI-powered “enterprise agents.” Reimagining B2B procurement.

Swarmia | Developer intelligence startup used by Webflow, Docker, and Miro. Backed by OpenAI and Slack veterans.

📅Events You Can’t Miss

Event

Dates

Location

Description

FORWARD Accelerator Demo Day

July 16, 2025

Lappeenranta

Final pitches from student-led startups after 10 weeks of venture building.

Northern Finland Entrepreneurship Week (POHJAT)

Sept 2025

Oulu

Multi-day festival for regional founders, includes English-language sessions.

Startup Summit Eastern Finland

Sept 19, 2025

Kuopio

Regional startup pitching + Falling Walls Lab science contest.

MyData 2025

Sept 24–26, 2025

Espoo (Aalto Dipoli)

Int’l conference on human-centric data and AI ethics.

Nordic Business Forum 2025

Sept 24–25, 2025

Helsinki

7,000+ attendees. Leadership & growth insights from founders & visionaries.

Junction X Vaasa Hackathon

Sept 27–28, 2025

Vaasa

30-hour hackathon solving real energy-tech & sustainability problems.

📚Learning Hub

The Startup Scene Wants a Makeover (ArcticStartup) | Insights from a major media usage survey in Finland’s startup scene.

Start‑up at the Finnish (Podcast) | Immigrant entrepreneur interviews in Finland by Suomen Yrittäjäopisto.

EU-Startups Podcast #120: Wave Ventures & Gen Z Founders | Gen Z-led Finnish VC shares what new founders need to know.

Investors Bet Bigger, But on Fewer | Funding activity in Finland remains healthy — €1.4B was raised in 2024, and while 2025 is tracking ~15% lower, recent rounds show confidence in high-quality bets. 

Deep Tech Diversifies | Beyond AI and foodtech, deep-science startups are gaining momentum,  from mining optics to thermal materials to biotech and quantum.

AI + Circular Economy Stay Hot | AI remains the thread across sectors: Swarmia raised €10M to double down on AI-powered developer analytics and Renow secured €1.8M to automate commerce logistics. On the climate side, Fiberwood, Hypermine, and Hailia each landed funding to scale next-gen materials, sustainable mining, and upcycled seafood.

🔎Policy Updates

AI Factory Coming to Finland (EU) | One of Europe’s first supercomputing “AI Factories” will be based in Finland, supporting startups developing large AI models.

Increased State’s Support | Major R&D injection for Finland’s flagship space-tech scaleup. Signals greater state support for deep tech.

“Leading Company” Cleantech Project Launched |  €10M funding to Sumitomo SHI FW to lead net-zero ecosystem. Opportunity for 50+ Finnish SMEs to partner.

Before You Go! While We Still Have Your Attention….

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🌟 Final Word: Not Every Battle Is Meant To Be Won

Some pivots won’t land, some pitches will miss, and some weeks feel more like retreat than progress. Staying sharp, learning fast, and moving forward — it’s all easier said than done. But one thing stays true: sometimes, the smartest move is letting go of a battle you’ve fought too long.

🚀 Until Next Month!

Brought to you by Vlada Ermak

Special Thanks to the GC Club