Copenhagen-based venture capital firm Climentum Capital has launched the first €60 million close of its second fund, matching the size of its inaugural vehicle as it continues to invest in European climate hard tech startups. Targeting a final size of up to €100 million, Fund II will lead Seed and Series A investments in B2B […] Read more ›
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Tampere-based HappyOrNot has appointed Tim Waterton as CEO, succeeding Miika Mäkitalo after five years in the role. Waterton joined the customer feedback technology company as Chief Revenue Officer in 2021 and has since overseen its commercial strategy and product development initiatives. He has more than 30 years of experience in enterprise software, having co-founded Simulus, […] Read more ›
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Copenhagen-based microalgae company Algiecel has strengthened its leadership team with the appointment of Mette Ingeman Pedersen as chief financial officer and Tove Feld as chair of its board, as the company prepares to scale commercial production of its marine bioactives platform. Algiecel develops microalgae-based ingredients designed to provide sustainable alternatives to fish-dependent supply chains for […] Read more ›
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Gothenburg-based InfiniNode Technologies has secured €2 million in a combination of investment and grant funding to accelerate the development of its semiconductor IP for next-generation compute systems. The round was backed by Nordic deep-tech investors Turbine Capital, PSV Hafnium, Norrsken Evolve, Chalmers Ventures and Almi Invest, alongside public innovation funding. A spin-out from Chalmers University […] Read more ›
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Danish biotechnology startup Visibuilt has raised €3.34 million in seed funding in a round co-led by EIFO and Unconventional Ventures, with participation from Proptechfonden and follow-on backing from existing investor EMDFonden. The company develops visiBINDER, a mycelium-based binder designed to replace carbon-intensive materials such as bitumen and cement in paving and infrastructure applications. The fresh […] Read more ›
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Pärnu-based cybersecurity company Patchstack has partnered with Vilnius-based AI-powered hosting provider Hostinger to integrate continuous open-source vulnerability management into Hostinger’s Node.js hosting platform. The integration automatically scans application dependencies for newly disclosed security vulnerabilities, alerts developers when their projects are affected, and provides remediation guidance without requiring additional configuration. As AI-powered coding tools drive the […] Read more ›
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Cornea Sense, an Aalto University spinout developing ophthalmic diagnostics, has secured more than €1.1 million in pre-seed funding from Innovestor Angel CoFund, angel investors including eye surgeon Matts Linder and Patrick Aisher, together with a Business Finland R&D grant. Founded in 2026, the Espoo-based medtech combines terahertz sensing with optical coherence tomography (OCT) to enable […] Read more ›
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Stockholm-based preventive healthtech startup Neko Health has raised a $700 million Series C round to accelerate its international expansion, with a US launch beginning in New York and additional cities later this year. The round was led by Lightspeed Venture Partners and co-led by O.G. Venture Partners, with participation from existing investors Atomico, General Catalyst […] Read more ›
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Stockholm-based fintech Float has raised a €4.5 million Series A round led by CHAPTERS Group AG, with the investment bringing CHAPTERS CEO Jan-Hendrik Mohr onto the company’s board. The funding will support Float’s expansion from a revenue-based financing provider into an AI-native financial platform for European tech SMEs, while also doubling its team, strengthening its […] Read more ›
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Tallinn-based defence technology startup Vegvisir has secured venture funding from Iron Wolf Capital to accelerate the development of its software platform for multi-domain military operations. Financial terms of the investment were not disclosed. Vegvisir develops a platform-agnostic command-and-control interface designed to connect and coordinate manned and unmanned assets across land, air, sea and underwater domains, […] Read more ›
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A survey by Maria 01 has found that entrepreneurial pressures are prompting many startup founders to postpone parenthood, even in the Nordics. The study, conducted with Helsinki-based communications agency Bamla, surveyed 55 founders, CEOs and aspiring founders across nine countries and found that more than half of childless founders had delayed having children because of […] Read more ›
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Mifundo, a Tallinn-based fintech building cross-border credit data infrastructure, has partnered with Romania’s credit bureau Biroul de Credit to give European banks secure access to verified Romanian credit histories when assessing customers living or borrowing abroad. The partnership aims to reduce the number of “thin-file” applicants—borrowers whose financial records are fragmented across multiple countries—by enabling […] Read more ›
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Gothenburg-based industrial technology startup Digiclean has raised €2.5 million in seed funding in a round co-led by Unconventional Ventures and Almi Invest GreenTech, with participation from S-E Bankens Utvecklingsstiftelse, Impact Shakers, and Feminvest Ventures. The company develops an IoT- and AI-based platform that monitors and automates industrial cleaning processes, enabling manufacturers to optimise chemical use, […] Read more ›
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Kuva Space, the Finnish hyperspectral Earth observation startup building AI-driven satellite intelligence, has been selected as one of eight new awardees on NASA’s Commercial Satellite Data Acquisition (CSDA) On-Ramp 2 contract through its U.S. subsidiary Kuva US. The multiple-award, indefinite-delivery contract—valued up to $476 million in total program ceiling—does not represent direct funding but gives […] Read more ›
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Oslo-based defence tech startup Six Robotics has raised €12 million in a seed equity round led by venture investor DTCP, with participation from Denmark’s state-backed fund EIFO and Copenhagen-based VC firm Scale Capital, to accelerate the development of its autonomy software platform for unmanned systems. The company builds swarm-capable autonomy technology that enables multiple drones […] Read more ›
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Vilnius-based climate finance company InSoil has secured a €120 million senior secured credit facility from Pollen Street Capital to expand lending to small and medium-sized agricultural businesses across Europe. The financing, supported by a guarantee from the European Investment Fund under the InvestEU programme, will be used to grow InSoil’s agricultural SME loan portfolio, which […] Read more ›
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Acodyne has raised €2.5 million in pre-seed funding to support the development of autonomous cargo aircraft for defence, offshore and remote logistics applications. The investment round was co-led by Gungnir Capital and PSV Hafnium, with participation from EIFO, SAP9 Group and GreenUP IV Invest. The Copenhagen-based startup is developing electric unmanned eVTOL aircraft capable of […] Read more ›
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Franklin, a Copenhagen-based fintech focused on financial tooling for e-commerce businesses, has raised €1.6M (DKK 12M) in seed funding in a round led by True Collective, alongside several angel investors. The company offers a payment card and finance platform aimed at online merchants, combining card-based spending infrastructure with software that automates parts of bookkeeping by […] Read more ›
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Aarhus-based Serpier, a marketing technology startup focused on helping e-commerce companies improve visibility in both traditional search engines and AI-driven recommendation systems, has raised €1.4M in fresh funding. The round was led by venture fund True Collective with participation from the Export and Investment Fund of Denmark EIFO. The company develops an AI agent called […] Read more ›
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The Hub, a Nordic recruitment platform focused on startups, has raised €896K (NOK 10 million) from a group of angel investors that includes former alpine skier Aksel Lund Svindal, investor Trond Riiber Knudsen, and founders from Tise, Superside, Kahoot, and Firi. The new funding will be used to further develop its recruitment technology and strengthen […] Read more ›
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19.07.2026 12:54
Last update: 12:45 EDT.
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