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Finnish mycoprotein company Enifer has today announced the completion of a funding package that enables it to start constructing a unique mycoprotein factory - initially producing ingredients for the aquafeed and pet food sectors - in Kirkkonummi.
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In 2023, Finnish startups experienced a significant reduction in funding, down from the previous year's record highs, reflecting a broader trend of economic slowdown affecting startup investments across Europe and the United States. According to the Finnish Venture Capital Association (FVCA), total growth funding for Finnish startups was approximately €871 million, a sharp decline from the €1.7 billion raised in 2022.
Finnish startup Sooma will use the funds to expand its portable depression alleviation neuromodulation device in new and existing markets.
HELSINKI, Feb. 6, 2024 /PRNewswire/ -- As the global venture capital landscape is still waiting to bounce back from a generational slump, Helsinki has laid the groundwork and positioned itself as a prime destination for VCs and startups to have a strong year in 2024. Renowned for its high-profit investments, strategic location, and robust support infrastructure, the Finnish capital...