“Since day one, our vision has been to be the best in the world. Not the biggest in terms of size, but in terms of technology and
innovation,” says Kustaa. The ambition proved successful when the world’s leading semiconductor company Applied Materials
acquired Picosun in 2022, enabling Picosun to take the next step to global success.
“Nordea has been with us from the start. For us, it was crucial to choose a bank that could support our global expansion. The personal relationship formed the core of our banking relationship and made the full range of Nordea’s solutions, expertise and international and domestic networks available to us. This helped us to reach our ambitions,” says Kustaa.
“When we started, the startup market was very immature. Today, entrepreneurship is seen as a catalyst in society, creating innovation and job opportunities. One of our aims is to now support that catalyst by investing in startups,” he concludes.
Nordea’s Startup & Growth unit supports founders in financial matters and other aspects of starting a business. This includes working with over 200 local and global investment funds.
