New business angel fund to invest €30mn in Finnish start-ups
A new fund for business angels, EAF Finland, aims to improve growth by financing start-up enterprises. The fund’s 30 million euro budget comes from the Finnish Funding Agency for Innovation (Tekes) and the European Investment Fund (EIF). It was announced on Wednesday at the Arctic15 startup event at the former Nokia Cable Factory in Helsinki. […]
Aalto’s first ERC Proof of Concept grant to DRAM technology
Memory technologies that are used in computers, smart phones, tablets, etc. can be coarsely divided into two classes: fast but volatile DRAMs (dynamic random access memory) and non-volatile flash memories. Racetrack memory based on the controlled motion of magnetic domain walls is a promising new technology for next generation memories, because it combines the speed […]
Finnish Government Launches 1B-Euro Program To Help Start-ups
Finland is turning to venture capital financing as it searches for ways to jolt the economy out of a recession without jeopardizing its AAA rating. The northernmost euro member wants to attract investors for a new 1 billion-euro ($1.28 billion) program and help startup companies without adding to its budget deficit. Finland is promising that investors who […]