Oura Inc., the maker of health and fitness rings, has filed for a US IPO as its revenue has sharply increased, although the company’s losses are also growing.
Oura Health Oy, a Finnish maker of smart rings that monitor health, fitness and sleep, is planning to raise up to $3 billion through an initial public offering in the United States, according to sources.
Nokia reported a strong second‑quarter profit that significantly exceeded analysts’ expectations, thanks to growing sales of equipment for data centers.
Pure Data Centres, a UK-based firm backed by Oaktree Capital Management, is constructing an AI data center in Finland to support artificial intelligence systems across Europe, with Microsoft confirmed as a major client
Financial market commentary analyzing volatility in international stock markets. The article provides detailed analysis of 11 major companies across various sectors including technology, insurance, mining, construction, semiconductors, and telecommunications. Key themes include AI infrastructure investment enthusiasm, some correction in mega-cap tech stocks, and concerns about sustainable valuations in certain sectors.
IQM, a Finnish quantum computer producer, completed its public market debut through a merger with a SPAC (special purpose acquisition company). The company’s shares fell on their first trading day in New York.
Ardian SAS announced plans to invest over €3 billion to build data centers across the Nordic region, capitalizing on lower energy prices and available land in the area.
Finnish satellite-intelligence company Iceye Oy quadrupled its valuation to over €10 billion in a funding round led by General Atlantic, aiming to expand and meet demand for sovereign technology systems.
European airlines have failed to pay billions in passenger compensation for flight delays as required under EU261/2004 regulation. Analysis by the Financial Times shows that since 2011, €18 billion in compensation has been due to passengers, but only a small portion has actually been paid, leaving €3.2 billion currently unpaid.
PolarDC, a data center operator, completed the largest high-yield bond offering in Nordic market history, raising €800 million ($930 million). This represents a significant capital raise for the infrastructure company in the Nordics.