New space | Enter Espoo

New space

Satellite in space circling the Earth

Espoo-based space technology on a mission to test ways to protect Earth from asteroids

Espoo-based space technology and expertise are deployed on the European Space Agency's (ESA) Hera mission to test ways to deflect potentially dangerous asteroids from impacting Earth. VTT, Aalto University, and Kuva Space are participating in the mission.

A photo of the Gulf of Mexico taken from outer space.

ICEYE wins a $93 million growth funding round

ICEYE secured a $93 million growth funding round in April 2024, which will boost investment in the largest constellation of SAR satellites in the world.

Square image that has the text on the left side saying Top 50 Startups in Espoo. The image has a on a blue-red background with a list of startup names and logos on the right side of the image and the logoes of Dealroom and Enter Espoo on the top left corner.

Top 50 startups to watch in Espoo, Finland in 2024 — Q2 list by Dealroom

Every quarter, we'll release a list of the top 50 Espoo-based startups to watch in 2024 — provided to us by Dealroom.

Keilaniemi Skyline

NATO's DIANA accelerator and test centre to be established in Espoo

NATO's DIANA programme is expanding its network to Espoo, Finland. A DIANA accelerator and test centre will be established at VTT's site in Espoo's innovation ecosystem.

Square image that has the text on the left side saying Top 50 Startups in Espoo. The image has a on a blue-red background with a list of startup names and logos on the right side of the image and the logoes of Dealroom and Enter Espoo on the top left corner.

Top 50 startups to watch in Espoo in 2024 — Q1 list by Dealroom

Every quarter, we'll release a list of the top 50 Espoo-based startups to watch in 2024 — provided to us by Dealroom.

A rye field in purple sunset.

Hyperspectral imagery startup Kuva Space raises €16.6 million in funding

Kuva Space raises a €16.6 million funding round. The hyperspectral imagery startup's microsatellites can determine the spectral signature of the molecular composition of any material on Earth — helping to monitor, for example, crops, biodiversity, and much more.

Aerial image of red-brick buildings in the Aalto University campus

Aalto University has become a growth platform for deep tech startups that focus on solving global challenges

Solving global sustainability challenges requires deep, multidisciplinary scientific research and expertise. Aalto University has become a growth platform for deep tech startups due to the radical collaboration happing across its six schools. Startups the calibre of IQM, ICEYE, and Ioncell have got their start at Aalto. (Image: Aalto University, Mikko Raskinen)

Decorative image of a circuit board.

Finland is one of the most deep tech-focused countries in Europe — The European Deep Tech Report 2023

Finland and Espoo's deep tech strengths are featured prominently in the European Deep Tech Report 2023. Espoo offers a mix of trailblazing and university-born startups and novel deep tech innovations and talent.

Cold blue satellite image of a glacier melting into water.

ICEYE helps Ukraine with access to its SAR Satellite Constellation

ICEYE will provide the Government of Ukraine access to one of its SAR satellite constellations. The access allows Ukraine's Armed Forces to get satellite imagery on critical locations in Ukraine.

A photo of the Gulf of Mexico taken from outer space.

First space sustainable and technology demonstration satellite launched by Aurora Propulsion Technologies

Aurora Propulsion Technologies launched The Flying Object, the startup's first space sustainable and technology demonstration satellite.

A photo of the Gulf of Mexico taken from outer space.

Finland launches its first science satellite into space

The Finnish Centre of Excellence in Research of Sustainable Space has developed the first Finnish science satellite, Foresail-1, that will be launched into space from Florida, US, on SpaceX Falcon 9 in 2022.

People taking a photo in an event.

Espoo startups received €440 million in investments in 2021

Espoo-based companies received investments of €440.1 million in 2021. The top 5 funding earners were Enfuce, Infinited Fiber Company, Dispelix, ICEYE, and Fiksuruoka.