Successful funding rounds, spring 2021
July 08, 2021
Despite the pandemic, many successful angel funding rounds were closed during the first half of 2021. Have a look! Note that the list is not comprehensive and might lack some funding rounds.
Per-shipment cargo insurances company Redkik gets funding from FiBAN partner Business Joensuu and North Karelia Growth Fund.
No-code document automation platform Contract Mill has bagged around €1m ($1.2m) in new funding, with the participation of the co-founder of HighQ, Veenay Shah.
Helsinki-based eMobility API platform eMabler has raised €630,000 from Sofokus Ventures, Nidoco AB, angel investors, and Business Finland to continue developing and commercializing its software, and further drive growth in the Nordics and the rest of Europe.
Formerly angel-backed Finnish Legal Tech startup ContractZen receives 1M€ funding from Danish Nordic Eye Venture Capital to accelerate international growth and marketing.
Formerly angel-backed Fiksuruoka.fi raises 19M€ funding round led by Verdane to finance its growth in Finland and its international expansion into Europe.
Finland-based Woodly creates wood-based plastics raised 3 million euros from well-known investors.
Female-led oat dairy company Mö raises 300K euros round that included several FiBAN members.
Latvian loan brokerage Jeff App raises $1 million for Asian expansion. The startup took part in FiBAN angel investment program New Nordic Leads and raised FiBAN member’s interest to join the round.
Real estate and construction market information startup Metroc secured 300K€ funding, to expand its operations to Sweden.
Nordic-based market research automation and SaaS startup Cambri announced a €3.6M series A funding round participated by angel syndicate.
Formerly FiBAN angel-backed Light electric vehicle company Skand Oy closed their crowdfunding campaign by having raised approximately €845,000 to support the company’s growth ambitions. The company also pitched the crowdfunding campaign at FiBAN Pitch Finland event.
High-value bioactive products startup Montinutra closed a financing round of 1M EUR from Metsä Spring and private investors.
Finnish startup Envera Oy, known for its SaaS service Smartvatten (Fiksuvesi), was recently acquired by Norwegian private equity fund Norvestor, providing an exit to FiBAN angel investors.
The global learning platform company, Kahoot! has acquired Whiteboard.fi, a Finnish online whiteboard tool for teachers and classrooms with 6M USD.
Plant-based kids’ food company Green Planet Astronauts raised 300k from a group of renowned business angels.
Cloud-based application for strategic foresight and futures work startup Fibres Online secured 270K€ investment to boost its international growth in 2021.
Digital rental apartment service Fiksuvuokraus.fi secured 280k funding from renowned business angels and Gorilla Capital VC.
ZGI Capital growth fund ZGI-4 has invested a half million euros in the data technology company RoyaltyRange, which has a presence in a number of countries. This is the fund’s first investment in Lithuania, made together with other Baltic and Finnish investors.