Funded Startups in Western Finland
Recent rounds in Western Finland include one clear outlier: Fundu’s $223M round on 2024-09-25, which dwarfs the next-largest disclosed amount in the table…
Recent rounds in Western Finland include one clear outlier: Fundu’s $223M round on 2024-09-25, which dwarfs the next-largest disclosed amount in the table ($60M by Eevia Health on 2024-08-29). Sector-wise, Biotechnology shows up repeatedly across the list (Algorithmiq 2026-05-11 $21M; Bioretec 2026-04-23 $15M; StemSight 2025-02-13 $2M; Eevia Health 2024-08-29 $60K; Faron Pharmaceuticals 2024-03-04 $4M; Thermidas 2023-06-06 undisclosed; plus Brinter 2021-06-10 $2M), while many funding amounts cluster at much smaller disclosed levels (e.g., $1M–$15M in several recent entries).
The date window spans 2020-04-09 (Neuro Event Labs) through 2026-05-29 (Raisio plc). Recent activity is concentrated in spring 2026 (multiple rounds in April and May, including Algorithmiq 2026-05-11 $21M; Quanscient 2026-05-26 $12M; Bioretec 2026-04-23 $15M), and city-level density repeats around Tampere and Turku (e.g., Quanscient 2026-05-26 $12M and Bioretec 2026-04-23 $15M in Tampere; Algorithmiq 2026-05-11 in Turku).
Most recent rounds
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Frequently asked
What is the largest disclosed round in this Western Finland list, and how does it compare to the rest?
Fundu’s $223M round on 2024-09-25 is the largest disclosed amount in the table and materially larger than the next-largest disclosed amount: Eevia Health’s $60K on 2024-08-29 is actually much smaller, while the next-highest disclosed figure is Algorithmiq’s $30M (2024-12-12 $30M by AISTI).
Which city and sector patterns look most over-represented among the recent entries?
Tampere and Turku repeat across multiple rounds (for example Quanscient in Tampere on 2026-05-26 for $12M and Algorithmiq in Turku on 2026-05-11 for $21M). Biotechnology is also a recurring sector label, appearing in entries such as Algorithmiq (2026-05-11 $21M), Bioretec (2026-04-23 $15M), StemSight (2025-02-13 $2M), and Faron Pharmaceuticals (2024-03-04 $4M).
Do the rounds cluster into a narrow recent time window?
Yes. Within spring 2026, multiple rounds fall in April–May—Algorithmiq (2026-05-11 $21M), Quanscient (2026-05-26 $12M), and Bioretec (2026-04-23 $15M) are all in that compressed window rather than being spread evenly across years.
How concentrated are disclosed amounts versus missing/undisclosed figures?
Undisclosed amounts appear multiple times, including WiseNetwork Oy (2026-03-06, undisclosed) and Future Run (2024-10-03, undisclosed). There are also rows with a blank/unspecified amount classification (e.g., Conexbird on 2024-03-05), which makes the disclosed range uneven and highlights Fundu’s $223M as the clearest readable high outlier.
Are there stage mix signals visible, or does “Series Unknown” dominate?
“Series Unknown” appears frequently among the most recent entries (Raisio plc shows “Series Unknown” on 2026-05-29 for $2M; Algorithmiq on 2026-05-11 for $21M; Bioretec on 2026-04-23 for $15M). Seed and Series A rounds also recur (e.g., TheStorage seed on 2026-04-23 for $4M and Treon Series A on 2026-04-08 for $8M), but the exact stage label is often missing even when amounts are disclosed.
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