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1. TRACXN MONTHLY REPORT
AUGUST 2021
FINLAND TECH

2. Finland Tech - August 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
Finland Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 6
Top Funded Business Models - last 1 year 7
Acquisitions 8
Recent News 9

3. Finland Tech - August 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Finland Tech Snapshot – August 2021
Finland Tech: Snapshot – August 2021
Note : "Investors" refers to "Institutional Investors" only
3
$
-
Overall Geo Stats
1
2
1
10
1
Funding Rounds $ Invested Analyst Picks
Kodit.io!@#
New Investors
1
Series A+ rounds Active Investors IPOs Acquisitions
Futureplay Games#@
eSite#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Turku
(1 Rounds, -)
- Seed
Medicortex Finland (2014, Turku, )
Dividend Sweden
(1 Investments)
Market Size
Companies Covered 2,673
Funded Companies 1,043
Total Funding $5.0B
Funding in last 12 months $1.4B
Top Exits
IPOs 24
Acquisitions 195
Company Stage
Unicorns -
Soonicorns 17
Minicorns 97
Editor Picks 375
Series A+ 250
Series C+ 37
Acqui-Hires 1
Deadpooled 186
Top Cities
Helsinki (570 Rounds, $3.2B)
Espoo (145 Rounds, $654M)
Top Investors
Business Finland (102 Investments)
Lifeline Ventures (50 Investments)

4. Finland Tech - August 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Finland Tech as of August 2021
Finland Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (August 2021)*
*Shows only the lead Investors

5. Finland Tech - August 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds
List of Funding Rounds in Finland Tech in August 2021
Finland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
SEED STAGE
Seed
Medicortex Finland (2014, Turku)
Diagnostic and treatment tools for Neurodegenerative
disorders
Dividend Sweden

6. Finland Tech - August 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors
List of New Investors in Finland Tech in August 2021
Finland Tech: List of New Investors
6
Investor Company Info Round Amount Round Name
Dividend Sweden
1 portfolio companies | Provider of working capital loan services
Medicortex Finland
Diagnostic and treatment tools for Neurodegenerative disorders
Undisclosed Seed

7. Finland Tech - August 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
7
Rank Business Model $ Funding # Rounds Top Funding Round
1 <> 0 Food Ordering Platforms $544M 2 Wolt | $536M | Series E
2 -- iBuying Platforms $117M 1 Kodit.io | $117M | Series B
3 ▲5 Sleep Management Devices $105M 2 Oura | $100M | Series C
4 ▲2 Database as a Service (DBaaS) $100M 1 Aiven | $100M | Series C
5 ▲2 Infrastrucute as a Service for Big Data $100M 1 Aiven | $100M | Series C
6 -- Satellite Based Imaging Services $87.0M 1 ICEYE | $87.0M | Series C
7 ▲6 Superconducting Qubit $46.3M 1 IQM | $46.3M | Series A
8 -- EV Charging Station Management Software $36.8M 2 Virta | $36.0M | Series C
9 -- Tech Enabled Fibre Waste Recyclers $35.7M 1 Infinited Fi.. | $35.7M | Series B
10 -- Online Music Tutoring $28.0M 1 Yousician | $28.0M | Series B

8. Finland Tech - August 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions
List of Acquisitions in Finland Tech in August 2021
Finland Tech: Acquisitions
8
Acq. Date Company Acquirer Deal Size
02 Aug 2021
Futureplay Games(2015, Helsinki, $2.9M)
Mobile game development studio
Plarium
16 Aug 2021
eSite(2019, Espoo)
Provider of a virtual reality solution for construction applications
Dovre Group

9. Finland Tech - August 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Finland Tech in August 2021
Finland Tech:News
9
Exit News
.
● Angry Birds' maker Rovio plans IPO to spur growth, M&A Reuters
.
● Rovio acquires hypercasual studio Ruby Games GamesIndustry
.
● Plarium to acquire Futureplay Studios GamesIndustry
.
● ClassNK to Acquire Marine Software Giant NAPA gCaptain
.
People News
.
● Jussi Vasama will start on October 1, 2021 as the CEO of QPR Software
GlobeNewswire
.
● Rovio names Alexandre Pelletier-Normand as new CEO GamesIndustry
.
Company News
.
● Finland's Most Popular Math Learning Platform Eduten Launched in India
newsvoir.com

10. Finland Tech - August 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Explore more on Tracxn
Explore more about Finland Tech on Tracxn Platform
Finland Tech: Explore more on Tracxn Platform
10
Companies
Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
SaaS Companies in Finland
AI Companies in Finland
Fintech Companies Finland
Consumer Digital in Finland
Company Due Diligence
Detailed profile of
Competitors of
Cap Tables of
Investment Activity
Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
Investors
Most Active Investors
Most Active Angel Investors
Unicorn Investors
Exits
IPO'd Companies
Recent Acquisitions
Most Active Acquirers
Recent Acquihires
News & Events
Recent News
News on People
News on Unicorns
Upcoming Events
Library
Recent Reports
Tracxn Blog
Global Sector Landscape

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