The seed investemnt was led by Maki.vc, with support from First Fellow Partners.

The Fresh Fund II has seen support from institutional investors such as Tesi and Elo Mutual Pension Insurance Company.

Inven raised $12.75 million in a Series A round to grow its team and expand into North America and key markets.

Uusimaa-based biotech startup Volare Solutions has secured €26 million in funding to enhance insect protein technology.

Helsinki-based VC firm Wave Ventures has launched its third fund, securing €7 million to back Gen Z founders across the Nordics and Baltics.

Finland-based foodtech Foodiq has secured €10 million in funding to expand globally.

Espoo-based eyewear startup IXI has raised $36.5 million in a Series A funding round for autofocus glasses.

Finnish material startup Fiberdom has raised €3.5 million in funding to develop its technology and materials.