Norrin is a Finalist in the 2025 Building Growth Competition

Norrin is one of the finalists in the 2025 Building Growth competition. The competition highlights the most inspiring growth stories from companies backed by Finnish venture capitalists.

The Finnish Private Equity Association and PwC annually reward Finnish growth stories in the Building Growth competition. The competition highlights companies that have built sustainable growth with the support of venture capitalists. Norrin has been selected as a finalist in the Venture Capital series.

According to the venture capitalists, this year's finalists "represent Finnish growth entrepreneurship in a diverse way and show how impressive growth stories can be built from different starting points. All finalists are united by a determined approach and a desire to grow and develop their own industry."

"We act as a partner in companies' artificial intelligence development from data to work. Change always happens in stages: with people and processes. We have shown that artificial intelligence can build real value: organic growth of over 40% last year shows the direction. Now we are focusing on sustainable continuity and international growth."
- Seppo Kuula, CEO, Norrin

The winner of the competition will be selected by a jury of external experts at the Finnish PE-VC Summit of the Finnish Venture Capital Association on October 9, 2025. The jury members will be announced later.

Congratulations to all finalists!

Norrin
Norrin (formerly Cloud1) is a Microsoft technology partner that supports companies on their journey toward enterprice intelligence. The company is known for its strong data management expertise, but its core competencies also include software development, cloud platforms, and artificial intelligence. Norrin has established itself as a trusted innovation partner that helps its customers turn the potential of technology into real business benefits.

Norrin’s growth has been accelerated by, among others, venture capital investor Voland Partners.

Cactos
Cactos is a Kempele-based company that is accelerating the energy transition with its smart electricity storage systems. The company’s comprehensive service model covers system development, manufacturing, installation, and operation, helping customers utilize renewable energy and balance fluctuations in production and consumption.

Cactos’ growth has been accelerated by, among others, venture capital investor Superhero Capital.

M-Files
M-Files is a leading platform for knowledge automation, offering intelligent document and information management. Its metadata-based architecture, built-in workflow system, and advanced artificial intelligence, help organizations eliminate information chaos, improve process efficiency, and automate information security and compliance.

M-Files’ growth has been accelerated by, among others, private equity investor Tesi.

Framery
Framery is the world’s leading manufacturer of smart soundproof workspaces. The company’s solutions help eliminate noise and privacy issues in offices and support employee focus and efficiency. Framery’s products are already used by dozens of the world’s most renowned companies, including Microsoft, Puma, and Tesla.

Framery’s growth has been accelerated by, among others, private equity investor Vaaka Partners.

Elcoline
Elcoline is a growth company specializing in industrial technical services. It carries out demanding installation projects and maintenance services for various industries in Finland and Sweden.  Elcoline helps international industrial companies ensure production reliability and competitiveness through high-quality and safe services.

Elcoline’s growth has been accelerated by, among others, private equity investor Evli.

Netox
Netox is a growth company combining cyber security and IT services. The company offers high-quality and versatile technology services in a cost-effective and agile manner, with a strong focus on information security technologies and solutions utilizing artificial intelligence. Netox is expanding its operations not only in Finland but also in international markets.

Netox’s growth has been accelerated by, among others, private equity investor CapMan.

Read the FVCA press release here