N-ink secures €1M investment at Voima Ventures science challenge, Velocity

Finland’s Voima Ventures has awarded €1 million investment to Swedish deeptech company N-ink via its science challenge. The challenge targeted Nordic and Baltic early-stage startups and research teams.

• Voima Ventures is a Helsinki-based VC fund that aims to help founders accelerate the growth of deeptech ventures to global markets. Recently, the firm launched Velocity, a science challenge for pre-seed and seed-stage science-based startups in the Nordic and Baltic regions. With the challenge, Voima Ventures aimed to encourage startups to transform their ideas into thriving global businesses and help them scale solutions from laboratories into global companies.

• Out of one hundred applications, eight teams were selected to compete in a final round before a jury of investors and industry experts. Among the jury were Paebbl’s co-founder and co-CEO Marta Sjögren, Principal at Angelini Ventures Nils Bottler, Silo.AI’s co-founder and Chairman Tero Ojanperä, and Algorithmiqm’s co-founder and CEO, Professor Sabrina Maniscalco.

We are thrilled to back N-ink in their journey to the next stage. N-ink demonstrates the deep scientific and research foundation of the Nordic region combined with a unique innovation, big market opportunity, and ambitious team. Disruptive in many ways, N-ink builds a truly positive impact on the future of the whole planet. Voima Ventures looks forward to supporting the team for the years to come,

Inka Mero, Founding Partner of Voima Ventures, said.

• N-ink was co-founded by Johannes Bintinger and Marc-Antoine Stoeckel, scientists at the Laboratory of Organic Electronics, Linköpings universitet in Sweden, in 2020. The startup develops conductive polymers that boost battery and solar cell performance to provide solutions.