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A fully electric hydrofoil boat has been developed in Finland, targeting the super-rich market. The boat is led by the former CEO of an award-winning growth company.
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Tesi's new strategy, aimed at boosting the Finnish economy through growth, innovation, and investment, has been successfully launched. With an investment capacity of €1.8 billion for 2025-2029, Tesi plans to scale Finnish startups and growth companies into global market leaders, as well as investing in new industrial-scale projects promoting clean energy and a clean transition.
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Phasecraft, a quantum algorithms company, has raised $34 million in Series B funding to accelerate the development of its algorithms and transition quantum computing from theoretical to practical applications. The algorithms are hardware-agnostic and are being used to optimize material science, biological research and energy networks.
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Tangany, a Munich-based digital asset custodian, has secured €10 million in Series A funding. The investment, led by institutions like Baader Bank and Raiffeisen Bank International, will support the company's growth as a key player in Europe's regulated digital asset infrastructure.
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Klarna is expanding its debit card across the EU, and soon the UK, aiming to compete with traditional banks. The Klarna Card offers users various payment options, including immediate payment, 'Pay in 3,' 'Pay Later,' and longer-term financing.