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Tag: Industrial Technology

Innovestor Caps First Round at €30 Million for Fund for Industrial Tech in Nordic and Baltic

Innovestor, a VC fund from Helsinki, has closed its first funding round at 30 million EUR. The fund will be used to invest in companies from the Nordic and Baltic regions working on Industry 4.0 technology.

German-Based Sunfire Secures €25M in Series C Funding

Many industries rely heavily on fossil fuel energy sources. Sunfire is a cleantech startup from Dresden, Germany, developing and manufacturing steam electrolysers and high-temperature fuel cells. The technology can be used to convert various fuels such as natural gas or LPG into electricity and heat and to convert electricity into chemical energy.

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