Peili Vision raises €300K seed round from Nordic XR Startups Oy, Lavis Con Oy and Rela Invest Oy

Finland Investments 08 April 2020
Share on FacebookShare on Twitter

Peili Vision, a Helsinki, Finland-based startup building a business based on a software solution for people in rehabilitation, announced the completion of an early stage investment round of EUR 300k ($330k).

The funding was provided by angel and family investment companies, including Jonna Tolonen, Nordic XR Startups Oy, Lavis Con Oy and Rela Invest Oy. The proceeds will be used for product development, sales and internationalization.

In addition to the equity raised, the company secured a develpment loan from the Innovation Finance Center Business Finland for an ongoing EUR 500,000 product development project.

Peili Vision, founded in 2015 and led by CEO Jussi Auvinen, developed a virtual reality application used with the VR headgear which allows a therapist create unique training environments customized to the rehabilitee rehabilitation requirements.