Insights

The European private VC market is still relatively small, so young Nordic companies increasingly turn to public funding to scale up.

Have you built your business and now ready to take the next step? For this next stage of growth, you need knowledge and resources. Join our free webinar on 17.12. and get the best tips on how to succeed in EU funding!

Spinverse recently conducted an insightful survey for Technology Industries of Finland. The survey was aimed to bring understanding on the state of innovation governance in corporate boards. The companies who responded to the survey regularly have innovations on their agenda.

Entrepreneurs at Slush have funding on their minds. The EU’s innovation programme is changing and young companies wonder how they will be affected.

Celebrating the most prominent technology leaders of highly successful European companies, the CTO of the Year Europe 2019 Awards have been presented to Amina Hamidi-Calvo, CTO, ABB Electrification, and Joeri Van Steen, CTO, Faktion.

Spinverse helps to refine an innovation into business — we know where large companies are going to be in five years’ time. Laura Koponen, Managing Director and D.Sc. (tech) is proud of her incredibly brilliant employees. There are over 10 employees with doctorate degrees and people with solid experience from working at various technology companies, amounting to hundreds of years put together. Even though there is a good representation from industrial engineering and management at Spinverse, there are also a few economists and chemists: “We recently hired our first architect!”   

The 2019 CTO Survey revealed that the way Finnish companies utilise data is changing.

LuxTurrim5G ecosystem led by Nokia and Spinverse is building the digital backbone of smart city. Based on the smart 5G light poles developed recently, now the focus of the joint development of key high-tech companies and top-notch research groups is set on piloting the fast 5G network and developing new data driven services for the real needs of cities. Through a two-year, EUR 26 million, intensive co-development effort the group of 26 partners target the global smart city markets worth tens of billions of euros.

Size does matter in R&D, but by joining forces via open innovation and ecosystems, also small actors can make big things happen. Spinverse believes that even global firms are too small to innovate just in-house as digitalisation blurs the lines of different industries. 

Bridging the gap to economically feasible fuel ethanol from Nordic wood – Spinverse helped three Nordic companies receive over 2,8 M€ of EU funding.