Location: Finland
Total raised: $77.32M
Funding Rounds 2
| Date | Series | Amount | Investors |
| 08.09.2025 | Series A | $64.32M | Armada Mez... |
| 22.10.2024 | Seed | $13M | - |
Mentions in press and media 21
| Date | Title | Description |
| 17.09.2026 | Finland's top-funded tech companies in H1 2026 | Finland's tech ecosystem attracted around €1.3 billion across 53 funding deals in H1 2026. Investment was heavily concentrated at the top, with space accounting for €900 million, or nearly 69 per cent of the total capital raised. Beyond spa... |
| 15.05.2026 | UK AI Unicorn Ineffable Intelligence Secures Record $1.1 Billion Seed Round for Superintelligence Pursuit | Ineffable Intelligence, a UK-based AI powerhouse, just closed a record $1.1 billion seed round at a $5.1 billion valuation. This unprecedented funding fuels its mission for "first contact with superintelligence." Founded by DeepMi... |
| 11.05.2026 | April 2026's top 10 European tech deals you need to know about | European tech activity in April 2026 remained broadly stable compared to March, although overall funding volumes declined more noticeably. The ecosystem recorded 290 funding deals and €5.1 billion raised, compared to 292 deals and €7.5 bill... |
| 26.03.2026 | From early-stage depth to global scale-ups: the Finnish tech ecosystem | The 2025 funding landscape in Finland reflects a combination of large late-stage rounds and a broad level of early-stage activity. With approximately €2.9 billion raised, a substantial portion of capital is concentrated in a limited number ... |
| 17.10.2025 | Belgium’s AI Planet announces joint venture with InfoDrive Analytics backed by €2.5 million investment | Leuven-based AI Planet, a DeepTech company specialising in enterprise Generative AI and Agentic AI platforms, today announced a strategic joint venture with InfoDrive Analytics who is also backing the move with a €2.5 million investment. Th... |
| 08.10.2025 | From community roots to AI ambitions: byFounders shapes the 'New Nordics’ next chapter | In a region famed for its collaborative spirit and global tech champions, byFounders has emerged as one of the most influential early-stage venture capital funds in the Nordics and Baltics. Headquartered in Copenhagen, the firm backs global... |
| 26.09.2025 | Nscale Secures $1.1 Billion: New AI Titan Reshapes Global Infrastructure | Nscale, a UK AI infrastructure trailblazer, secured $1.1 billion in Series B funding. This fuels its rapid global expansion. The company builds AI-native data centers across Europe, North America, and the Middle East. Critical partnerships ... |
| 26.09.2025 | Sweden’s Redpine launches with €1.1 million backing to reduce AI hallucinations through licensed data | After a year in stealth, Stockholm-based company Redpine announces €1.1 million in funding and the launch of their platform to give AI builders and agents high-quality, licensed data. The round saw participation from prominent angel investo... |
| 25.09.2025 | British hyperscaler Nscale raises €936 million in milestone for European AI infrastructure | Nscale, the London-based hyperscaler engineered for AI, today announced it has raised the largest Series B in UK and European history, at €936 million to challenge established global cloud providers and accelerate European sovereign AI infr... |
| 09.09.2025 | Europe's AI Future: DataCrunch Secures €55M to Build Sovereign, Green Cloud | Helsinki-based DataCrunch raised €55 million in Series A funding. The move targets Europe's AI cloud market. DataCrunch seeks to become the continent's first AI cloud hyperscaler. It directly challenges US tech giants. The company prioritiz... |
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