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- From Donuts to Deep Tech: Finland’s Founders on the Move
From Donuts to Deep Tech: Finland’s Founders on the Move
Let's have your hand on the founder’s pulse!
Founder's Pulse
July 15, 2025
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 |
€25M Series A | Electric Vehicles / Mobility Platform | ||
€5M | Healthtech / Mental Health Devices | ||
€1.8M seed | E-commerce / Logistics Automation |
💥Startups to Watch
Aurora Propulsion Technologies | Enabling clean satellite deorbiting with water-fueled thrusters. Already in orbit, and included in Forbes 30 Under 30 Europe.
Teamspective | HR-tech startup using network analytics to visualize team health and engagement. Raised €900k pre-seed with Business Finland support.
Spinnova | Moving to full ownership of a commercial-scale, zero-emission fiber plant shows strong maturation in sustainable textile manufact
📅Events You Can’t Miss
Event | Dates | Location | Description |
July 16, 2025 | Lappeenranta | Final pitches from student-led startups after 10 weeks of venture building. | |
Sept 2025 | Oulu | Multi-day festival for regional founders, includes English-language sessions. | |
Sept 19, 2025 | Kuopio | Regional startup pitching + Falling Walls Lab science contest. | |
Sept 24–26, 2025 | Espoo (Aalto Dipoli) | Int’l conference on human-centric data and AI ethics. | |
Sept 24–25, 2025 | Helsinki | 7,000+ attendees. Leadership & growth insights from founders & visionaries. | |
Sept 27–28, 2025 | Vaasa | 30-hour hackathon solving real energy-tech & sustainability problems. |
📚Learning Hub
A new, English-language podcast hosted by Mark Wiltshear & Jiuliano Prisada, shining a spotlight on immigrant founders in Finland. Episodes explore their journeys, challenges, strategies, and successes
📊Market Trends
Startup Community Voices Caution On Funding Access | According to Q1’s Startup Barometer, over 50% of founders cite lack of funding as the top growth barrier—despite a year-over-year uptick in total VC volume
Electric Vehicle-Tech in Overdrive | Donut Lab’s €25M round reveals growing investor appetite for Finland’s emerging e-mobility platforms across sea, air, and land.
Cleantech Capital Surge | Infinited Fiber and Fiberwood secure millions to scale textile recycling and green insulation. Finland’s €8.5B climate project pipeline is growing rapidly.
🔎Policy Updates
Tax Reform for Growth | Plans to reduce top income tax rate, lower corporate tax to 18% by 2027, and extend startup loss carryforward to 25 years.
Big Boost to R&D & VC Capital | Government adds €194M to R&D in 2025, including €85M to Business Finland and €300M total to public VC (Tesi). New EU co-funding mechanisms also introduced.
Before You Go!
Navigating your insurance can truly feel like running in a maze. You can lift this weight off your shoulders by contacting an expert. Thankfully, a friend of Founder’s Pulse happens to be an insurance lawyer! Let us know if you want to elevate your insurance game and we will connect you!
🌟 Final Word: The Story Is Yours
You have heard this a thousand times - it is all about the story. The story you pitch to investors. The one your team believes in. But behind all of that, there’s the story you’re writing for yourself.
Make your story be worth of telling
🚀 Until Next Month!
Brought to you by Vlada Ermak
Special Thanks to the GC Club