Nuuka Solutions adds $800k in capital funding.
Nuuka Solutions, a Helsinki, Finland-based big data analytics management solution provider, announced securing funding totalling €700k ($784k).
The money was provided by existing investor Loudspring, which extended a capital loan of up to 700 000 EUR to be disbursed in tranches. The funding will help Nuuka to execute its growth plan, including new recruitments and entering into new markets, as well as further developing the product offering.
Nuuka, led by CEO Mikko Maja, built a SaaS based platform which consolidates existing building big data into one single user interface and helps building owners and users report, analyze, and understand the core reasons behind energy efficiency, good indoor air and sustainability. The company has offices in Finland, Sweden and the Netherlands.
Prior to this deal, in 2017, Nuuka raised €600k ($644k) from investors including including Zhejiang ZhongRui Low Carbon Technology Co. from China.