Flow Computing Featured in Tech Funding News: How International Teams Drive Innovation in Finland
News – 20/03/25
We’re excited to share that Flow has been featured in Tech Funding News (TFN) as a key example of how international founding teams contribute to Finland’s startup success. The article, titled "In Finland, startups with international founders raise almost 60% of the funding – here are the key reasons", explores the role of global talent in securing venture capital and scaling deep-tech innovation.
Finland’s Startup Landscape and International Investment Trends
According to TFN, in 2024, the Finnish startup ecosystem saw $881M in VC investments, with Helsinki leading at $586M and Oulu following with $295M, based on Dealroom data. The report highlights how internationally-led startups attract nearly 60% of all funding, with Maria 01 startups raising €87M across 37 funding rounds.
As a proud member of Maria 01, Flow benefits from this thriving startup community, leveraging its ecosystem for networking, investment opportunities, and scaling our business.
As Finland’s startup ecosystem grows, deep-tech companies like Flow are leveraging international talent to compete on a global scale. Flow Computing is recognized in the article for strategically distributing R&D across Finland’s €3.2B research infrastructure while positioning commercial teams in lower-cost markets.
What Tech Funding News Says About Flow Computing
Flow’s CEO and Co-Founder, Timo Valtonen was featured in the article, sharing insights into Flow’s pan-European team structure:
“We are very international. Our team consists of ten people of five different nationalities (Finnish, Italian, Hungarian, British, American) working in five different countries (Finland, Italy, Hungary, Switzerland, United Kingdom).”
This aligns with TFN’s findings that international founders bring valuable cross-border networks, making startups more attractive to investors seeking global scalability. The article notes that international teams secure 42% larger Series A rounds on average, reinforcing the advantage of a multinational approach.
The Power of an International Team
TFN reports that venture capitalists prioritize 2 key factors when evaluating investment opportunities:
- Technical excellence
- Global scalability potential
Flows success in securing funding and growing internationally underscores this trend. As Valtonen noted in the article:
“The pre-seed funding we closed in Q1/2024 was with founders only in the team, all Finnish, and based in Finland. However, we planned to build an international team, which was also clearly communicated to our first investors. Investors believed that we can succeed by building an international team.”
This global-first mindset is crucial in Finland, where foreign capital constituted 65% of VC investments in 2022, emphasizing the need for internationally scalable businesses.
Additionally, the article highlights Superhero Capital, one of Flow’s investors, known for backing startups with strong global expansion potential. Their €50M fourth fund is mentioned as an example of investor focus on teams with multinational market reach. We are proud to have Superhero Capital as a key partner in our journey, supporting our vision to redefine high-performance computing.
Read the Full Article
For a deeper dive into how Flow and other leading startups are shaping Finland’s tech ecosystem, check out the full article on Tech Funding News.
Join us in shaping the future of parallel processing. Follow us on LinkedIn for the latest updates, industry insights, and breakthroughs in innovation.
Contact us to learn more about Flow and our PPU.
Email: info@flow-computing.com.