Finland

Paebbl secures €22.8M to turn captured CO2 into sustainable Building Materials
Nordic-Dutch startup Paebbl has raised €22.8 million in a Series A funding round to scale its innovative approach to carbon capture. The company transforms captured CO2 into permanent, carbon-storing building materials, positioning the construction industry as a key player in combating climate change. The funding round was led by Capnamic, with participation from Amazon’s Climate Pledge Fund, Holcim, and other European industrial family offices.
Helsinki-based Valpas, a tech company specializing in pesticide-free solutions to keep hotels bedbug-safe, has announced a successful €4 million seed funding round. The investment was led by Zenith VC, with participation from Icebreaker VC, Finnish Industry Investment, Canon Marketing Japan MIRAI Fund, Activum SG Ventures, Houghton Street Ventures, Rockaway Ventures,
Enifer, a biotech startup based in Espoo, Finland, has successfully raised €36 million in funding to establish a food-grade mycoprotein factory in Kirkkonummi. This facility will convert food industry by-products into Enifer’s sustainable PEKILO mycoprotein, positioning it as the world’s first commercial plant to produce mycoprotein from sidestream raw materials.

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