The COVID-19 pandemic crisis has increased the demand for the integration of location-based technologies and other sectors, several companies are trying to bring about numerous ways to safely reopen factories, sports stadiums, construction sites, and offices. Helsinki-based Quuppa is one such startup that helps combat the spread of viruses via its applications for contact tracing, social distancing, and process monitoring.
Raises €20M funding
The real-time location tracking startup Quuppa secured its first-ever funding of €20 million led by Finnish private equity fund Bocap, which focuses on fast-growing small and medium-sized enterprises and Tech Consulting Group TCG Oy with good experience and track record of helping Finnish tech companies grow in the global market.