Mighty United gets €50k in investment from a FiBAN syndicate by winning a Arctic15 pitching competition.
Mighty United, a Helsinki, Finland-based startup developing a social app for kids, has taken €50k in investment as a result of winning a pitching competition at Arctic 15 conference. The money comes from an investment syndicate through FiBAN and the award was given by a jury team consisting of prominent local investors.
Mighty United, led by CEO Mervi Pankäläinen, has developed a mobile application, Mightifier, that helps kids to become masters with their social and emotional skills. The company now works for making its service accessible as much as possible.
Mighty United has been seed funded since 2016, when it closed its first external funding round of $250k with three business angels Pasi Joronen, Niklas Geust and Teri Heilala, xEdu start-up accelerator and Courage Ventures Seed Fund 1.