Blog:

Why is the Helsinki health ecosystem the perfect place for innovation? Because Helsinki has a unique research environment, strong digital skills, quality Nordic healthcare and a culture of entrepreneurship and cooperation.

Health innovations are one of the hottest growth sectors and Helsinki is one of the hottest places for investing in health tech.Just to name a few recent high-profile Finnish deals: Oura Ring raised $100 million and is now valued at more than $2 billion. Nightingale Health had an IPO last year and Mobidiag was acquired by the US-based Hologic in a $808 million deal.Even more good news is coming, like how Kaiku Health entered a strategic partnership with Swiss giant Roche and how Meru Health won a major grant from the U.S. National Institute of Mental Health.Helsinki health startups are making significant, profitable innovations to improve people’s health and wellbeing on a global scale.

So what’s the secret to the success of Finnish health companies?

It’s not a secret at all, to be honest, but it is due to a unique set of circumstances. We’re eager to talk about what’s happening in the Finnish capital region and explain the ingredients which go into our ecosystem:

• High-quality health data open for researchers
• Thriving entrepreneurial culture and the world’s leading startup event Slush
• Deep tech development, especially within machine learning, quantum computing and 5G/6G telecommunications
• Digital application development expertise
• Unique understanding of medical solution usability design
• World-class public healthcare system
• Tight collaborative operating model between academics and companies
• Fast adaptation of digitalisation in all areas of Finnish society
• Large, highly educated domestic and international talent pool

In a nutshell, Helsinki has a unique research environment, strong digital skills, quality Nordic healthcare and a culture of entrepreneurship and cooperation. These factors result in fantastic health and wellbeing startups which expand on a global scale.

Contact information:

Health Capital Helsinki