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Trind Invests in the Most Boring Business of 2025, SparkReceipt
SparkReceipt, a Tampere-based pre-accounting software provider, raised a funding round from Trind Ventures with support from the European Union under the InvestEU Fund and Business Finland to accelerate their international expansion. The Most Boring Business of 2025 How stupid is this? Paper, as an invention, was largely driven by the fact that keeping records on clay tablets was awful. Two thousand years later, not much has improved. There’s still no decent accounting software for the hundreds of millions of small business owners globally. Coming from Finland—a promised land of accounting, where structured e-invoices seamlessly transfer between systems—SparkReceipt has learned that,
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Trind Invests in Bahn Express
Bahn Express, a Helsinki-based logistics startup, has successfully closed a €920k pre-seed funding round. The round was led by Trind together with Innovestor. In addition, Wave Ventures and notable angel investors, including Jiri Heinonen (co-founder of Swappie), Ekaterina Gianelli (ex-Inventure partner), and Tony Honkanen (expansion team Wolt) participated in the round. This funding will help the company advance its innovative solution for faster, more cost-effective cross-border used car deliveries and help scale operations to further European markets. Founded in early 2024, Bahn Express optimizes cross-border used car transportation by combining technology and a driver-based delivery network. The startup’s unique approach
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Evaluating Startup Teams
All investors say they invest in exceptional founders. But how does an investor tell if a team is exceptional? In this blog post, Reima Linnanvirta shares his thoughts on the subject. Quantifiable vs. a Gut Feeling Often, I hear the argument, “I know a great team when I see it.” While I agree with the statement to some extent, it offers very little guidance for the aspiring founder trying to build their team or the VC associate trying to develop their skills. Thus, I try first to focus on quantifiable items, at least to some extent. Experience The relevant experience
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Trind Invests In Evogenom
Trind leads the investment round in Evogenom, alongside several angel investors. Evogenom provides genetic insights and science-based advice for individuals interested in enhancing their well-being. This information is accessible through Evogenom’s mobile application, available after clients complete an at-home genetic test and return it to the company. Evogenom stands out as it has developed its own genotyping chip and software for comprehensive analysis, focusing on the genetics of traits. This funding strengthens our sales initiatives, allowing us to grow our business and solidify our market position. It also enables us to refine our products and supports our international expansion efforts.
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In Spotlight: Mjuk – Breathing New Life into Furniture in Finland and Beyond
In this blog post, we will take a deeper look into Mjuk, our portfolio company tackling furniture waste with recommerce. About Mjuk The furniture industry is a major contributor to global waste. Between discarded furniture from homes and unsold stock collecting dust in warehouses, the environmental impact is significant. Thankfully, innovative companies like Mjuk are emerging to tackle this problem head-on. Mjuk is a Finnish startup that is revolutionizing the way we buy and sell furniture. They have created a user-friendly online marketplace where people can buy and sell high-quality second-hand furniture, as well as overstock and retailer returns from
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Your.Rentals raises €1.7m to expand market reach
Your.Rentals, a leading all-in-one short-term rental management platform, raises €1.7m from existing shareholders to expand its market reach. In a tough market for raising growth capital, we’re extremely happy to have the ongoing support of our shareholders to continue growing the business. Chairman and co-founder Klavs Pedersen Since its last capital raise in 2023, the company has accelerated its investments into R&D to broaden the capabilities of its “all-in-one” platform, releasing the following improvements to its customers: Dynamic pricing from PriceLabs and Airdna – letting customers automate their pricing and increase revenue by 20 – 30% on average. Unified inbox
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Jobilla Raised Six Million Euros
Jobilla, a company specializing in digital recruitment technology, raised six million euros Our portfolio company, Jobilla, a Helsinki, Finland-based company specializing in digital recruitment technology, raised six million euros in additional funding. We and Juuri Partners led the round. It was supported by Business Finland and business angels, including Matti Vikkula, who will join Jobilla as the Chair of the Board. The company intends to use the funds to improve the AI-driven platform and increase its market position in Europe. Led by CEO Henri Nordström, Jobilla is a candidate-focused recruitment tool that makes it easy for companies to recruit in
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Raising Money as an Introvert
Participating in startup events and meeting with investors is tough work. And even more so if you happen to be an introvert. In this blog post, Iryna Krepchuk shares her tips to founders on how to raise money as an introvert. When it comes to fundraising, founders can adopt different strategies to reach investors. Naturally, people with extroverted personalities may be more visible and easier to find, but that does not necessarily mean that they’ll be more successful at fundraising. At the end of the day, fundraising is about building trust and meaningful relationships, and introverts often excel at that.
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How to Find Product/Market Fit Using Metrics
As seed-stage investors, we often invest in companies in search of product/market fit. While some founders have a clear strategy for working their way toward product/market fit, quite often, we see founders who are mystified by the concept and are not systematically working toward it. In this blog post, I share some thoughts on how to systematically work toward product/market fit and use metrics to assess progress. What Is Product/Market Fit? Product/market fit is the sweet spot where your product or service aligns perfectly with the needs and desires of your target market. It means that you’ve found the right
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In Spotlight: SACLÀB – Where Luxury Meets Transparency
In the spring of 2023, we invested in SACLÀB, a Munich-based online marketplace for luxury handbags. In this blog, we put the spotlight on SACLÀB and see what they are up to. SACLÀB is an online marketplace that specializes in coveted handbags from prominent designers. Whether you’re a buyer or a seller, their mission is to provide a safe and secure experience throughout the process. Let’s explore what makes them unique. In 2018, siblings Alexandra and Jan-Oliver Stueck founded SACLÀB. Their vision was to create a platform to revolutionize the pre-loved luxury market. Today, the company has offices in Amsterdam
