Smart infusion therapy monitoring device manufacturer Monidor secures 1M € in funding from Voima Ventures as the lead investor of the round.  Finnish medical tech company, Monidor, has finished its latest investment round, receiving 1M € from the deep tech fund Voima Ventures and Innovestor. Prior to the current round, Monidor has been backed up by Butterfly Ventures and …

by Heather Smith

Oulu-based startup company Cerenion’s C-Trend® medical device software makes it easy to interpret the EEG of intensive care patients. The company aims to license the brain function monitoring technology to major medical device manufacturers – with the help of IPR investments. Cerenion got started through the university and with support from Business Finland. When a …

by Heather Smith

Oulu-based iSTOC answers the need for testing large populations quickly and cost-efficiently with its mobile diagnostics solution for screening and mapping the spread of different infectious diseases, like Covid-19. The innovation is used with rapid tests that can detect antibodies from a small drop of blood. Test results are scanned with a smartphone and digitized. iSTOC is now …

by Heather Smith

Business Finland and German ZIM programme are looking for inspiring market-oriented joint projects between small and medium-sized enterprises in Finland and Germany. The call is currently ongoing and is open until September 15, 2020. Project ideas should stem from the companies’ own needs and can belong to any domain. The projects should involve the development …

by Heather Smith

With the coronavirus spreading from one country to another, the COVID-19 pandemic’s impact on our daily lives has been inevitable. Every sector is looking for a way to adapt to ongoing challenges. What is truly comforting is how fast new solutions are emerging to help fight the crisis. Oulu is no exception, as health & …

by Heather Smith

The Digital Health Society  Summit in Helsinki  11 & 12 December 2019 “Connecting Digital Health & Data Initiatives in Europe” Last week we held the first DHS Summit in Finland under the patronage of the Finnish Presidency of the Council of the Council of Europe. The first day was focused on the Finnish Digital system …

by Heather Smith

The goals of identifying pain and implementing drug-free treatments are rapidly growing in demand in the healthcare sector. Therefore, in an ongoing effort to find the best pain assessment tools, Kipuwex, an Oulu-based health tech start-up, has developed a perfect solution to answer the needs in this field. The company is currently working on an internationally recognised project, inDemand, and strengthening …

by Heather Smith

The call for Reference Sites of the European Innovation Partnership on Active and Healthy Ageing, which was launched in June 2019, resulted in a total of seventy-seven regional and local organisations being chosen for this award. Oulu has received 4 stars and remains the only Reference Site in Finland. The evaluation results reflect three peer …

by Heather Smith

To answer challenges in the area of neurological rehabilitation, Peili Vision has developed a solution that supports patients in their recovery processes by utilising advanced virtual reality (VR) technology. This CE-marked innovation brings significant advancements in social and healthcare in both public and in private sectors by enabling post stroke rehabilitation from home.  Peili Vision has piloted …

by Heather Smith