Speys raised 1 million euros in a round led by Innovestor.
Speys, Jorvas, Finland-based company developing digital logistics solutions, announced the completion of a EUR 1M ($1.1M) capital investment round.
The money was provided by a range of Finnish investors led by Innovestor.
The proceeds will be used to executing its international expansion strategy to the Netherlands and Eastern Europe, opening an office in Hungary and focusing on sales, marketing, and growing their product team.
Speys, founded in 2016 and led by CEO Jouko Sipilä, has developed a virtual control system enabling customers to outsource their logistics operations with virtual teams and automated tools.