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Oslo-based Heimdall Power has secured $25 million in a Series B funding round, led by Orlen, NRP Zero, and the Steinsvik Family Office. Existing investors, including Investinor, Eviny, Hafslund, Lyse, and Sarsia Seed, contributed an additional $8.5 million. Established in 2016, Heimdall Power develops software and sensors for monitoring power lines, aiming to increase transmission […]
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Mexico's President Claudia Sheinbaum Pardo said her country would go after the US with its own tariffs if Donald Trump pushed ahead with his. Read more ›
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PayPay and Alipay+ announced an extended partnership at the Singapore FinTech Festival 2024, to increasing merchant coverage across Japan. PayPay, Japan’s leading QR payment operator, and AliPay+, Ant International’s mobile payment method that helps merchants reach shoppers in Asia, will now connect over three million local merchants to the global payment ecosystem. The extended partnership... Read more » Read more ›
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BSV Ventures has secured €15 million to invest in pre-seed and seed-stage deeptech startups across the Baltics and the EU. Backed by partners like the NATO Innovation Fund and Lithuania’s ILTE fund, the firm focuses on helping researchers turn advanced scientific developments into scalable commercial solutions. With offices in Lithuania, Estonia, and Finland, BSV Ventures […] Read more ›
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Helsinki-based gaming studio BIT ODD has raised €17 million in a funding round led by Griffin Gaming Partners, with contributions from Makers Fund, Index Ventures, and other prominent investors. BIT ODD aims to bring creativity and emotional depth back to mobile gaming, countering the industry’s trend toward data-driven, finance-first game design. The studio plans to […] Read more ›
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Vilnius-based edtech startup Turing College has been awarded a €2.5 million grant from the European Innovation Council (EIC), one of 70 projects selected out of 969 applications across Europe. The funding will support the development of AI-driven tools to enhance digital skills education. These tools aim to personalize learning by adapting curricula to individual progress, […] Read more ›
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Oslo-based Augere Medical has raised €1.9 million (NOK 23 million) in its first close funding round to accelerate the rollout of its AI-driven PolypAID™ system, designed to enhance polyp detection during colorectal cancer screenings. The funding will be directed toward expanding European sales and marketing efforts and strengthening the company’s AI development team. With the […] Read more ›
6
Oslo-based AI-driven platform Deckmatch has raised $3.1 million in an oversubscribed seed round co-led by Alliance VC and Luminar Ventures, with additional backing from First Degree Capital and Skyfall Ventures—all existing customers of the company. Founded in 2023 by Leo Gasteen and Walid Mustapha PhD, Deckmatch automates the analysis of startup pitch decks through REST […] Read more ›
1
FinEstLove Fund Management has announced the launch of the “FinEst-Faroe” investment fund at the Slush event in Helsinki, aiming to drive economic growth in the Faroe Islands. The fund, led by Faroese experts Olaf Olsen Sundstein and Tórheðin Jensen, seeks to raise between €30 million and €50 million to support both startups and established companies […] Read more ›
0
Freya Biosciences, a biotech company based in Copenhagen and Boston, has raised $10.4 million in funding from the Bill & Melinda Gates Foundation, with an additional $1.4 million from Denmark’s Export and Investment Fund (EIFO). The funding will support the further development of Freya’s DYSCOVER™ platform, which focuses on microbial immunotherapies for bacterial vaginosis (BV) […] Read more ›
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Finnish startups have maintained steady funding momentum in the first half of 2024, with €497 million raised, matching last year’s pace, according to the Finnish Venture Capital Association (FVCA). A sentiment survey conducted among Finnish venture capital (VC) investors reveals a cautiously optimistic outlook, suggesting the market downturn is easing. Positively, early-stage investments remain robust, […] Read more ›
0
Taito.ai has secured $2.7 million in seed funding to revolutionize performance management, with Accel leading the round and angel investors from Illusian participating. The Helsinki-based startup leverages AI to transition companies from annual reviews to a continuous, growth-focused feedback culture. The funding will accelerate the platform’s launch in 2025, expanding its reach to teams globally. […] Read more ›
0
Kodiak Hub, a Stockholm-based company focused on transforming Supplier Relationship Management (SRM) with AI-powered tools, has secured €6 million in funding from the B2B SaaS investment firm Oxx. The investment will support the company’s expansion, especially in the US, and help enhance its platform with advanced data analytics capabilities. Kodiak Hub’s platform offers procurement leaders […] Read more ›
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Most popular sources
Business Insider | 24% 7 |
The Verge | 9% 3 |
Tech Wire Asia | 8% 1 |
Android Authority | 8% 5 |
Tom's Hardware | 7% 5 |
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27.11.2024 11:54
Last update: 11:46 EDT.
News rating updated: 18:42.
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