Venture capital buyers poured a complete of €743 million into the Nordic nation’s startups, with overseas VCs doubling down on the yr earlier than with €553 million, and €190 million coming raised from home VCs, all invested into some 182 startups. The remainder of the €1.2 billion got here from different overseas buyers, comparable to firms and personal people.
“Finnish success tales attracted massive quantities of worldwide funding additionally final yr,” Pia Santavirta, managing director of the Finnish Venture Capital Association, mentioned in a press release. “The share of overseas investments in the full quantity invested in startups grew to 71 %, totalling 855 million euros.’’
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Finland’s startups attracted record-breaking investment in 2021 & More Latest News Update
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