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These 12 Startups Prove Angry Birds Isn't The Only Hot Tech Product To Come Out Of Finland

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Angry Birds

When you think of Finnish startups, Rovio likely comes to mind. 

The Angry Birds game maker is insanely successful and has been the subject of IPO rumors since early 2011. Some have suggested the company may file its IPO next year

But Finland has a number of other promising startups, thanks in part to government support of young companies in the country.

Tekes, the Finnish Funding Agency for Technology and Innovation, has invested more than $66 million in the gaming industry since 1995. 

Last year, Tekes invested about $180 million in startups. 

Tablet-first gaming startup Supercell generates $2.4 million a day in revenues.

Startup: Supercell

Founded: 2010

Location: Helsinki, Finland and San Francisco, Calif.

Founders: Mikko Kodisoja, Ilkka Paananen, Niko Derome, Visa Forsten, Lassi Leppinen, Petri Styrman

Concept: Tablet-first games. So far, Supercell has two titles, farming game Hay Day and combat strategy game Clash of Clans

Funding: $272 million from Accel Partners, London Venture Partners, Initial Capital, Lifeline Ventures, Cerval Investments, Index Ventures, Atomico, and Institutional Venture Partners.



Enevo is creating an internet of things ... for garbage.

Startup: Enevo

Founded: 2010

Location: Espoo, Finland

Founders: Fredrik Kekäläinen, Johan Engström

Concept: Enevo optimizes waste management and collection in public areas like parks and sidewalks using wireless sensors and big data. It's tapping in to a $1 trillion industry. 

Funding: $2.6 million from Finnish Industry Investment, Lifeline Ventures



ZenRobotics makes the waste sorting and recycling process faster and safer.

Startup: ZenRobotics 

Founded: 2007

Location: Espoo, Finland

Founders: Tuomas Lukka, Jufo Peltomaa, Harri Valpola 

Concept: ZenRobotics aims to make the waste sorting process faster and safer. Typically, humans manually sort through materials and in doing so, get exposed to dust and chemicals.

The ZenRobotics Recycler (ZRR) system sorts raw materials like metal, wood, and stone. Eventually, ZenRobotics will recycle mobile electronics.

Funding: $17 million from Invus and Lifeline Ventures.



See the rest of the story at Business Insider

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