Let’s be honest—when founders dream of raising capital, they rarely imagine sitting across from an investor parsing through a dense legal document filled with terms like liquidation preference, anti-dilution, and reverse vesting. The real fantasy usually involves a handshake, a nod of approval, and a number with six zeroes landing in the bank. But in […] Read more ›
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Aibidia, a Helsinki-based fintech specializing in AI-powered transfer pricing software, has raised $28 million in Series B funding to support its expansion into the U.S. market. The round was led by Activant Capital, with participation from existing investors DN Capital, FPV Ventures, and Icebreaker.vc. Founded in 2018, Aibidia offers a platform that helps multinational corporations […] Read more ›
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Copenhagen-based startup TODAY has raised €1 million in pre-seed funding to develop AI solutions for financial advisors. The round was led by Berlin’s Lucid Capital and joined by angel investors from companies including CLARK, Meta, Harvey AI, and Thinksurance. TODAY aims to streamline the advisory process through an AI-powered assistant that automates administrative tasks and […] Read more ›
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Oslo-based Norwegian Mycelium AS (NoMy) has secured a new funding round led by Nippon Beet Sugar Manufacturing Co., Ltd. (Nitten), deepening a partnership established in 2024. The round, for an undisclosed amount, also included follow-on investments from TD Veen, EIT Food, and Farvatn Venture. NoMy develops fermentation-based mycoprotein technology that utilizes byproducts from beet sugar […] Read more ›
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Lendurai, a Tallinn-based startup, has secured €5.57 million in seed funding to advance its autonomous drone technology designed for GPS-denied environments. The funding round was led by Expeditions Fund, with contributions from HCVC and Vsquared Ventures. Lendurai develops on-board AI systems that enable unmanned aerial vehicles to navigate and operate without relying on external signals. […] Read more ›
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Stockholm-based DoldAdress closed a €1.8 million (SEK 20 million) seed round, a significant step for the early-stage startup focused on online anonymity and digital privacy. The round, unusually large for an angel-led investment, was backed by high-profile investors including Magnus Emilson, John Daniels (former head of security at the Swedish Armed Forces), and Anders Holm […] Read more ›
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Nordic Foodtech VC has announced the €40 million first close of its second fund, which is targeting a total of €80 million. The fund focuses on early-stage investments in startups developing technologies for the food and agriculture sectors, particularly those addressing challenges around resource efficiency, sustainability, and system resilience. Continuing its model of working closely […] Read more ›
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Unikum, Sweden’s largest school portal, has acquired edtech company StudyBee in a move aimed at consolidating digital learning tools for Swedish schools. StudyBee, known for its modular assessment and insights products integrated with Google Classroom, will continue to operate under its own name and team. The acquisition enables closer integration of StudyBee’s user-focused design and […] Read more ›
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Gothenburg-based climatetech company Plagazi has signed a €29.5 million grant agreement with the EU Innovation Fund to support its Gävle Circular Park project, which aims to produce hydrogen and capture CO₂ from non-recyclable waste using plasma gasification technology. The project was one of 85 selected from 337 applications in the Fund’s 2024 call. The grant, […] Read more ›
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Vilnius-based venture capital firm Iron Wolf Capital has announced the launch of its second early-stage fund, targeting €100 million to support deep tech and AI startups across the Baltics. With over €30 million already raised, the fund is set to become one of the largest of its kind in the region. According to Sifted, Iron […] Read more ›
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AIATELLA, a Helsinki-based medtech startup, has raised €2 million in funding to develop and scale its AI-driven cardiovascular imaging tools. The round was led by Nordic Science Investments, with participation from Specialist VC, Harjavalta Ventures, Business Finland, and several angel investors. The company’s core technology automates the measurement of vascular imaging using data from MRI, […] Read more ›
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The global law firm DLA Piper has announced the release of its inaugural Nordic Venture Capital Report. As the only major law firm with a presence in each of the Nordic countries – Denmark, Finland, Norway, and Sweden – we are uniquely positioned to provide an in-depth perspective on market trends and deal terms in […] Read more ›
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Legora, a startup developing collaborative AI tools for legal professionals, has raised $80 million in a Series B funding round led by ICONIQ and General Catalyst with participation from existing investors Redpoint, Benchmark, and Y Combinator. The funding brings the company’s valuation to $675 million. Founded less than two years ago, Legora’s platform is used […] Read more ›
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Riga-based Aerones has secured $62 million in a financing round led by Activate Capital and S2G Investments, with participation from Carbon Equity and Overlap Holdings, and existing investors Lightrock, Blume Equity, Metaplanet, Change Ventures, and Extantia. This latest funding follows Aerones’ securing of a €4 million grant from the EU Innovation Fund in 2024 and […] Read more ›
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Lithuanian biotech company Genomika has contributed €600,000 to the €5.2 million DiDAX project, which focuses on advancing DNA-based data storage technology. Genomika develops compact DNA reading methods intended for specialized settings such as space missions, where traditional laboratory equipment is not feasible. The funding will support work on software optimization and practical applications, complementing Genomika’s […] Read more ›
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Helsinki-based startup Way Data Technologies has raised €2.6 million in a pre-seed funding round led by Pale blue dot, with participation from 10x Founders, Greens Ventures, and a remarkable group of angels from OpenAI Laura Modiano, Wolt Miki Kuusi, Marianne Vikkula and Smartly.io Tuomo Riekki. The company is developing Way Platform, a data infrastructure solution that […] Read more ›
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Lund-based Asgard Therapeutics, a biotech company focused on in vivo cell reprogramming for cancer immunotherapy, has appointed Dr Cristina Csimma to its Board of Directors and Professors Ignacio Melero and Brian Brown to its Clinical and Scientific Advisory Board. Dr Csimma brings extensive experience in global drug development and biotech governance, while Prof Melero and […] Read more ›
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Espoo-based biotech Enifer and São Paulo-based ethanol producer FS have joined forces to launch a pilot-scale production of PEKILO®Pet and PEKILO®Aqua mycoproteins in Brazil, marking the first deployment of Enifer’s proprietary fermentation technology in South America. Leveraging FS’s corn ethanol side streams as feedstock, the partnership aims to produce 500 tonnes annually of sustainable, high-protein […] Read more ›
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Copenhagen-based fintech startup Franklin has raised $1 million (6.6 million DKK) in a funding round backed by existing investors, angel investors, and family offices. The company, which provides financial tools tailored for e-commerce businesses—including payment cards with cashback and automated expense tracking—plans to use the capital to expand its team and further develop its product. […] Read more ›
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Tallinn-based fintech platform Income has secured a €540,000 investment from existing shareholder Dr. Hauptmann as part of a broader €1.5 million funding round, which includes a €250,000 allocation for retail investors via SeedBlink. Founded in 2020, Income connects retail and institutional investors to vetted non-bank lenders and has facilitated over €160 million in loans to […] Read more ›
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Most popular sources
Business Insider
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22% 24 |
Android Authority
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12% 6 |
Eurogamer.net
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10% 8 |
Wired
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8% 1 |
Tom's Hardware
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8% 2 |
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08.06.2025 22:20
Last update: 22:16 EDT.
News rating updated: 05:10.
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