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22.6.2015

Midinvest boosts Ficonic Solutions connectivity strategy


Midinvest Oy has invested in Ficonic Solutions Ltd an undisclosed amount. With the raised capital Ficonic speeds up its connectivity strategy and solution development. Ficonic is an innovative technology company developing connectivity solutions and offering development services for automotive, marine and IoT.

“We are happy to have Midinvest on board with us. We are convinced we can increase velocity in our strategy implementation significantly with the investment as well as expertise provided by Midinvest ”, says Timo Salminen, CEO of Ficonic Solutions. “We have a clear roadmap for developing next generation connectivity solutions not only for our automotive customers, but also other industries”, Salminen continues.

“The innovativeness and drive I've seen at Ficonic combined with their long experience makes Ficonic one of the most interesting companies in the area of connectivity. We are happy to be part of this exciting journey!” says Jukka-Pekka Nikula, CEO of Midinvest Management.

Additional information:

Ficonic Solutions Ltd
Timo Salminen
​+358 40 745 6821
www.ficonicsolutions.com

Midinvest Management Oy
Jukka-Pekka Nikula
+358 50539 9378
www.midinvest.fi