DAILY BRIEF: Fun science, escalators, acquisitions, cleantech, university innovation and thriving tech

DAILY BRIEF: Fun science, escalators, acquisitions, cleantech, university innovation and thriving tech

December 17, 2020

Kide Science develops young children’s scientific thinking skills with fun, hands-on experiments.

Kide Science

All the daily Finnish business news that works: KONE, Digia, Reactive Technologies, Tampere University, Kide Science and Finnish tech scene make headlines.

KONE wins a new order in China, Digia makes an acquisition, Reactive Technologies receives a significant investment, three teams from Tampere University are awarded, Kide Science partners in Peru and the US, and Finland does well in the State of European Tech report. Click on the headlines for more in-depth information about each piece of news.

Beijing city skyline

KONE will deliver altogether 297 escalators for the new Metro Line 12 in Beijing, China. With its 23 lines and around 700 kilometres in length, the Beijing Subway is the longest and busiest metro system in the world. The new line will help to relieve traffic pressure in the city centre, running west to east through the four main districts of the Chinese capital.

KONE

Red flags with Digia written on them

Finnish software and service company Digia will acquire Climber International, a Swedish consulting firm specialising in business analytics, and its subsidiaries. The purchase price is 8.1 million euros and includes an additional price of a maximum of 5.4 million euros tied to the achievement of objectives. Climber International has operations in Sweden, Finland, Denmark and the Netherlands. Following the acquisition, Digia will have more than 300 data integration and business analytics professionals in its organisation.

Digia

An illustration of solar and wind power attached to the grid

Finland and London-based clean energy company Reactive Technologies has received a strategic investment from Accenture, a Fortune Global 500 company. Reactive Technologies joins Accenture Ventures’ Project Spotlight, a project targeting emerging technology software startups. The partnership will also support utilities to accelerate the transition to low-carbon energy with Reactive’s portfolio of power and grid technologies, which provide the required network visibility for integrating renewables into the grid.

Business Wire

Three young men standing in front of Tampere University

Three winning teams emerged from Tampere University in an international competition seeking new innovations to promote sustainable urban development and address social challenges. Medified won first place in the Urban Innovation and Entrepreneurship Competition with its mobile app for mental health monitoring. The ESC team, developing sustainable urban design solutions, came in second place, while As One won the Best Presentation Award. The competition was organised by the 11-member Alliance of Guangzhou International Sister-City Universities (GISU).

Tampere University

Children in science coats playing

Kide Science has partnered with the Nordic International School of Lima to promote science, technology, engineering, art and mathematics, as well as science process skills, in early-childhood education in Peru. Kide Science will also launch its programme with Kinderberry Hill Child Development Centers in Minnesota, the US, in early 2021. The Finnish education company will support the centre’s teachers with online training and lesson plans that can also be carried out remotely during school closures.

Kide Science

Startup event with big robot on the floor

State of European Tech, an annual report by Atomico, has ranked Finland second in capital investments per capita and found a resilient European tech scene during a hard-won year. According to the report, Finland is on track to hit an all-time time record of 1 211 million dollars invested by year’s end. Take a look what’s behind the success by clicking the headline.

Mikael Ahlfors/Keksi Agency

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