Deals
Finnish Startup Aiven Gets Eurazeo Funds at $3 Billion Valuation
- Software firm raises $210 million to pursue expansion abroad
- Company gets new investment even amid tech sector turbulence
This article is for subscribers only.
Finnish software startup Aiven has raised $210 million of new funding, giving the company cash to expand abroad and hire developers.
The Helsinki-based firm’s fresh investment round was led by Eurazeo SE, joined by funds and accounts managed by BlackRock Inc, and valued Aiven at $3 billion before accounting for the new money. Chief Executive Officer Oskari Saarenma said in an interview that the funds will be used to hire and expand abroad, and potentially for making its first acquisitions.