Ukkoverkot sells, markets and maintains the Ukko Mobile 4G LTE mobile data network that covers all of Finland. The company focuses on wireless telecommunication services for demanding customers such as companies, authorities, rural areas and industrial Internet connections. Its networks carry data only and are not used for traditional circuit-switched voice or SMS traffic. Customers include State Security Networks Group, VR Group, the Finnish Defence Forces, YLE, and companies offering electronic payment terminals, logistics services, and firms in the electricity, water and forestry industries. The company raised €9.8m and plans to use the funds to accelerate development of its 4G LTE data networks and to expand sales and marketing efforts.

Total raised

$11M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2016