Centre for Economic Development, Transport and the Environment
VC Fund
Centre for Economic Development, Transport and the Environment is a VC fund focused on SaaS and Software. The Centres for Economic Development, Transport and the Environment (ELY Centres) are responsible for the regional implementation and development tasks of the central government.Finland has a total of 15 ELY Centres, which are tasked with promoting regional competitiveness, well-being and sustainable development and curbing climate change.ELY Centres have three areas of responsibility:- Business and industry, labour force, competence and cultural activities.- Transport and infrastructure.- Environment and natural resources.
- Total investments:
- 7
- Last investment:
- Lead investor:
- 14%
Last updated:
For AI agents: llms.txt
Industries Centre for Economic Development, Transport and the Environment invests in
Stages Centre for Economic Development, Transport and the Environment invests in
Countries Centre for Economic Development, Transport and the Environment invests in
Round sizes
Round size
- Grant
- $34k–$7.4M
Investment Focus
Industry
- SaaS 2 (29%)
- Software 2 (29%)
- FinTech 1 (14%)
- Analytics 1 (14%)
- Insurance 1 (14%)
Stage
- Grant 3 (43%)
- Seed 1 (14%)
- Funding Round 1 (14%)
- Venture - Series Unknown 1 (14%)
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free – bringing sustainability to construction tile by tile. | $7.4M / Grant / Dec 07, 2024 | ||
| Palofy Analytics was a customer loyalty partner for SMEs and NGOs. We are developing analysis and forecasting tools that help merchants to get more sales and predict staffing needs. This also enables getting accurate analysis and predictions on channel, store, product group, or product level.Our licensed technology leverages existing paymentcards as customer loyalty cards, reducing customer friction and removing work overhead from staff. We also help NGOs use portable contactless donation devices and onboard them acquirers.Service areas: • Restaurant and hospitality • Retail • Non-government organizations | $34.4K / Grant / Mar 17, 2022 | ||
| Redkik is a global software company operating with embedded insurance as a SaaS provider, with the mission to simplify and improve the insurance industry for all parties within logistics and transportation. No need for annual insurance policies tying your business down, Redkik uses the latest technology and insures your shipment when you book it,with premiums and coverage tailored to your specific needs. Redkik's extensive on-demand marine cargo insurance is based on the factual per shipment value today, not within the next 12 months.The team of Redkik has a big passion for innovation and technology, together with great experience and deep knowledge from logistics and transportation, risk management, cargo insurance, machine learning, and software development.Join Redkik's rapidly growing network of global freight forwarders offering on-demand per shipment insurance. Redkik, brings intelligence to insurance and peace of mind for you and your customers. | $220.7K / Grant / Jul 02, 2021 | ||
| Palofy Analytics was a customer loyalty partner for SMEs and NGOs. We are developing analysis and forecasting tools that help merchants to get more sales and predict staffing needs. This also enables getting accurate analysis and predictions on channel, store, product group, or product level.Our licensed technology leverages existing paymentcards as customer loyalty cards, reducing customer friction and removing work overhead from staff. We also help NGOs use portable contactless donation devices and onboard them acquirers.Service areas: • Restaurant and hospitality • Retail • Non-government organizations | $36.3K / Grant / Apr 25, 2021 | ||
| TactoTek develops and licenses injection-molded structural electronics (IMSE®) technologies. Automotive, aviation, connected home, industrial control, and medical brands use TactoTek innovations to create next-generation user experiences that are compelling, differentiated, and more sustainable. Designers use TactoTek IP to integrate circuits andcomponents directly into plastic parts, transforming conventional structures into smart interactive surfaces. TactoTek licenses its intellectual property, including over 280 patents and critical know-how developed over a decade of intensive R&D and quality testing, to global manufacturers who use reliable, standardized manufacturing processes to produce curved-shape and conformal electronics | $7M / Venture - Series Unknown / Feb 28, 2015 | ||
| TactoTek develops and licenses injection-molded structural electronics (IMSE®) technologies. Automotive, aviation, connected home, industrial control, and medical brands use TactoTek innovations to create next-generation user experiences that are compelling, differentiated, and more sustainable. Designers use TactoTek IP to integrate circuits andcomponents directly into plastic parts, transforming conventional structures into smart interactive surfaces. TactoTek licenses its intellectual property, including over 280 patents and critical know-how developed over a decade of intensive R&D and quality testing, to global manufacturers who use reliable, standardized manufacturing processes to produce curved-shape and conformal electronics | $3.3M / Seed / Jun 30, 2013 | ||
| See all 7 investments → | |||
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FAQ
What does Centre for Economic Development, Transport and the Environment invest in?
Centre for Economic Development, Transport and the Environment invests primarily in SaaS, Software and FinTech startups, most often at Grant and Seed stage. Most of the 7 investments tracked by Shizune back companies in Finland. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is Centre for Economic Development, Transport and the Environment's check size?
Centre for Economic Development, Transport and the Environment typically joins rounds of $34k–$7.4M at Grant. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Centre for Economic Development, Transport and the Environment participates in.
When did Centre for Economic Development, Transport and the Environment last invest?
The most recent investment recorded for Centre for Economic Development, Transport and the Environment closed in Dec 2024. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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