"We appreciate work-life balance and collaboration," explains Jonne Kuittinen, deputy chief executive of the Finnish Venture Capital Association. "The Supercell guys were very open about paying all their taxes in Finland and this giving back mentality is visible now these founders are helping out on a lot of the current funding rounds. I think the scene is about to be turbocharged."
Concrete is the most consumed product on the planet after water, and that's not slowing down," says Paebbl co-CEO Andreas Saari. Concrete's main ingredient, cement, is the source of 8 percent of the world's carbon dioxide emissions. Paebbl flips this, using rock weathering, or mineralization, to turn carbon dioxide into stone. Carbon captured at industrial sites is mixed with water and ground silicate to produce a solid carbonate-based material using a technique developed by Paebbl CTO Pol Knops.
The country's low unemployment has meant coders have been hard to find," says Claes Mikko Nilsen, principal at VC Nordic Ninja, "but a receptive government launching a fast track D visa in 2022 has boosted international recruitment. The next step? Larger funds for late-stage investments.
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