Investors rave about the Finnish start-up: “Hardly any development-intensive deep-tech company has achieved such impressive hypergrowth with so little capital as Aiven,” says Earlybird founding partner Hendrik Brandis.
Photo: Aiven
Dusseldorf Many IT managers immediately understand what Oskari Saarenmaa has developed with his start-up in an old loft in Helsinki. Aiven offers an operating system for the cloud, built from freely available open source software. This allows companies to flexibly manage their data on the servers of the powerful cloud providers. That means: less internal development effort, no risk of becoming dependent on one of the providers such as AWS, Azure or Google. Many managers take advantage of this.
Aiven has just become the 51st European unicorn. These $ 1 billion or more startups have long been a rarity. But in the venture capital boom, the category becomes a collective term. That hides how different the young tech companies actually are. Whether cloud service, delivery service or health app – some unicorns are literally more fabulous than others from an investor’s point of view. Aiven stands for a group of these very special specimens.
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