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Reactron Technologies Oy received Tempo Fund from Business Finland

Reactron received Tempo Fund from Business Finland

Helsinki, 2020. Last week was one of the most exciting times for Reactron as the company wrapped up the kick-off meeting with Business Finland’s representative to finalize all the practicalities related to Tempo Fund. Being a young startup, the company has been granted a variety of opportunities with this funding, especially during the pandemic situation.

Having operated the company for more than a year, Reactron’s two Co-Founders still have many big things that they want to do for their baby, and one of those is to expand it globally. They aim to develop Reactron into an international software solution provider, building its in-house scalable products that can cater for different needs of both domestic and foreign customers. The first step in realizing that goal is to launch Rideo – a streaming solution.

Two co-founders of Reactron

However, taking such a big leap requires enormous resources. The project would not be feasible if it had not been for Business Finland and their generous 50,000 funding. The organization has a diversity of funding packages to support startups. Nonetheless, Reactron managed to easily find the right one since the representatives from Business Finland helped make the whole process seamless and straightforward.

At first, we had been hesitant in determining the right goals for our product and internationalization plan. However, Marko from Business Finland has been more than supportive and helpful. He encouraged us to aim higher and be more ambitious. And that is exactly the kind of mindset we need to go places.” – Trung Nguyen | CEO of Reactron

The next step is to get the MVP ready and proceed to the further stages of the project. The company is working hard to release Rideo out to the market with the estimated launching time falling in February 2021. Until then, stay tuned!

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