Finnish startup Quanscient has secured €10 million in Series A funding to develop its AI- and quantum-powered hardware engineering platform and support international growth. The company's technology aims to accelerate and improve engineering simulations across sectors such as energy, aerospace, and automotive.
Qutwo, a Helsinki-based artificial intelligence startup co-founded by Peter Sarlin, has achieved a €325 million valuation following a €25 million angel funding round. The company seeks to establish itself as a leading European AI lab in the quantum computing era, and has already secured over €20 million in contracted revenue since its February 2026 launch.
Finnish deeptech company Kelluu has raised €15 million in Series A funding to expand its autonomous airship intelligence platform. The investment, led by the NATO Innovation Fund, will support the development and deployment of Kelluu's hydrogen-powered unmanned fleet for both defence and civilian uses.
Finnish company Test of Things has raised €1.2 million in pre-seed funding to develop an AI-driven platform that automates cybersecurity testing for internet-connected devices. The investment, led by industry veterans and including backing from ScanABC and Business Finland, will accelerate product development and scale engineering. The move addresses the increasing need for affordable, systematic security compliance as connected devices proliferate across sectors.
Nebius has announced the construction of a major data centre dedicated to artificial intelligence in Lappeenranta, Finland, slated for completion in 2027. The Amsterdam-based company's facility will boost European AI compute capacity as global demand for infrastructure grows.
Finland-based IQM Quantum Computers has obtained a €50 million financing package led by BlackRock. The funding will support global expansion, research and development, and aims to enhance the company’s presence in the quantum computing market.
Finland's technology sector saw €2.9 billion raised in 2025, driven by late-stage investments in AI, deeptech, and space technology firms. Both early-stage activity and large capital rounds underline the ecosystem's balance and international ambitions. Major rounds by Nokia, Oura Health, IQM, and others highlight continued growth and innovation leadership.
Neural DSP, a Helsinki-based company, has won recognition at the 2026 NAMM show for its innovative use of machine learning in guitar amp modeling. The company's Quad Cortex Mini device leverages AI and robotics to provide realistic sound emulation for musicians in a compact format. This development places Neural DSP among leading players in music technology.
Finnish startup Carbonaide has secured €3.7 million to scale its AI-driven CO₂-curing technology, aiming to permanently store carbon in concrete and help decarbonise the construction sector. The funding will boost international expansion, research and development, and digital platform growth.
Finnish technology startup Agileday has raised €6.4 million in Series A funding to expand its AI-powered platform for professional services organisations, aiming to unify project, sales, and financial operations across Europe and North America.
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