Ascend Capital Partners Invests Over €24M in Four Finnish Companies

Funding Rounds

Summary

International venture capital firm Ascend Capital Partners has invested over €24m in four early stage Finnish technology companies.In details, the transactions include: – Grundium OY (Tampere), a digital imaging technology company producing a portable digital microscope scanner, – Fimmic OY (Helsinki), which uses deep learning AI technology to provide diagnostic support for researchers and healthcare professionals in image analysis, – Canatu OY (Helsinki), which develops and manufactures 3D formable and stretchable films and touch sensors, and – TactoTek OY (Oulu), which produces Injection Molded Structural Electronics that integrate printed electronics and traditional electronic components into 3D molded structures.Ascend is in the midst of negotiating investments with Finnish and German technology companies which it plans to complete before the end of the year.FinSMEs 01/12/2017

$ Funding

$
Amount $14.3M Total raised
Date December 1, 2017 Announcement date
Investors - Lead investors
Company http://www.canatu.com Funded company

Classifications

industries
HealthTech
applications
AI & Machine learning

AskAI Classifications

Labels
Artificial Intelligence Medical Software SaaS

Linked Companies

Aiforia
$1M to $5M