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Helsinki-based technology company Wolt has announced partnerships with EIT Food and the European Federation of Food Banks (FEBA) aimed at improving sustainability and food security across its European operations. Wolt operates a platform connecting consumers with restaurants, grocery stores, and other local sellers, facilitating ordering and delivery services in more than 30 countries. The company’s […]
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The Supreme Court will decide whether Trump's tariffs under the IEEPA were legal, a ruling that could expand or limit presidential trade authority. Read more ›
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Millions will set their clocks back an hour tonight for Daylight Saving Time — only to set them forward an hour six months later. But does anyone like doing this, asks Yahoo News: A recent AP-NORC poll found that about half of the American public, 47%, oppose the current daylight saving time system, compared to 40% who neither favor nor oppose the current practice, while 12% favor the current system,... Read more ›
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Reykjavik-based AI planning software company PLAIO has formed a strategic partnership with Sikich to advance data-driven supply chain capabilities for pharmaceutical manufacturers. For PLAIO, the partnership extends its reach into established enterprise environments, where integration and scalability are key barriers to modernisation. Together, the two companies aim to enable life sciences clients to unify planning […] Read more ›
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Stockholm-based AI startup Grasp has raised $7 million in Series A funding, led by Octopus Ventures with participation from Yanno Capital, to support its international growth and product development. Founded in 2020 by former McKinsey consultants Richard Karlsson and Johan Devér, and former Ericsson AI engineer Simon Hällqvist, the company builds multi-agent AI systems designed […] Read more ›
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Finnish bio-based materials company Innomost has named Niko Mellanen as its new Chief Sales Officer. The company develops bio-based alternatives from upcycled birch bark, aiming to replace certain fossil-based components in coatings and packaging. Mellanen has more than 20 years of experience in the paper, board, and packaging sectors, including positions at Stora Enso and […] Read more ›
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Swedish biotech company Cellcolabs has secured $12 million in funding from Titian Capital’s life sciences arm, bringing its total raised capital to $37 million. Cellcolabs develops large-scale production methods for Mesenchymal Stem Cells (MSCs) used in medical research and clinical applications. The company plans to use the new funds to advance its technical capabilities and […] Read more ›
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Lund-based Lithea AB has raised €852K (SEK 9.3 million) in a directed share issue from existing investors to continue the preclinical development of its lead candidate, LIT1001. The company is developing a localised drug delivery system designed to release chemotherapy directly into tumours, initially targeting osteosarcoma, a rare bone cancer that mainly affects children. The […] Read more ›
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Riga-based Desktop Commander has raised €1.1 million in pre-seed funding led by 42CAP, with participation from BADideas Fund. The company develops an open-source tool that allows artificial intelligence to interact directly with a user’s computer through the Model Context Protocol (MCP), enabling it to manage files, operate the terminal, and execute code based on plain […] Read more ›
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Finnish industrial technology company SpinDrive has raised growth funding led by Rhapsody Venture Partners and Innovestor to expand its presence in the United States and launch a new product line. The company develops active magnetic bearing (AMB) systems that use magnetic levitation instead of mechanical contact to reduce friction and eliminate the need for oil-based […] Read more ›
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Copenhagen-based Formalize has raised €30 million in Series B funding to expand its compliance software across Europe. The round was co-led by Acton Capital and BlackFin Tech, with participation from West Hill Capital and CIBC Innovation Banking. Formalize develops a governance, risk, and compliance platform that helps small and mid-sized enterprises manage evolving EU regulations […] Read more ›
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Stockholm-based Legora has raised $150 million in Series C funding aat a $1.8 billion valuation, making it the latest legaltech unicorn. The round was led by Bessemer Venture Partners with participation from ICONIQ, General Catalyst, Redpoint Ventures, Benchmark, and Y Combinator. The company develops an AI platform used by law firms and in-house legal teams […] Read more ›
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Copenhagen-based Evertrace has acquired Berlin startup Morphais to expand its data capabilities in identifying early-stage founders. Evertrace develops infrastructure that aggregates signals from sources like company registries, patents, and GitHub to help investors detect emerging entrepreneurs. Morphais applies quantitative and behavioural data models to surface high-potential founders and startups for VCs, corporates, and angels. The […] Read more ›
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02.11.2025 06:58
Last update: 06:45 EDT.
News rating updated: 13:50.
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