June 9, 2026 – Finnish AI Region

ICEYE reaches for the stars with a record-breaking €1 billion startup round

by Martti Asikainen
June 9, 2026June 9, 2026

Series F round led by General Atlantic values the Finnish ICEYE at over €10 billion, in the largest startup funding round in Finnish history. The company operates the world’s largest constellation of synthetic aperture radar satellites.

Swedish cloud provider bets on Oulu for AI data centre — as Finland positions itself as Nordic compute hub

by Martti Asikainen
June 9, 2026June 9, 2026

GleSYS has agreed with Finnish asset manager Trevian to build Campus Oulu, a new data centre campus with expansion potential of up to 300 MW. The first phase, targeting 8 MW of IT load, is due to open in autumn 2026 — the latest in a string of international investments in Finland’s digital infrastructure.