Keto Software, a Hyvinkaa, Finland-based technology company providing strategic portfolio management (SPM) solutions, raised €8.4M in funding.
The round consisted of €6.4M in equity from Emerald Technology Ventures, Greencode Ventures, Sinituote (Ilkka Brotherus) and Trauma Holding (Kimmo Rauma), and €2M in loans.
The company intends to use the funds to consolidate its position to expand to a broader global market.
Led by CEO Veijo Hytti, Keto Software is a no-code platform that allows clients to operate in industries prioritizing innovation, including renewable energy, industrial manufacturing and packaging. Large industrial companies such as Kone Elevators, Danfoss, Valmet, Metso, Fortum and Alpiq use its platform to connect their objectives and strategies with all the execution investments in R&D&I.
FinSMEs
20/11/2024