Cast AI has reached a valuation above $1 billion following a strategic investment from Pacific Alliance Ventures, the U.S.-based venture arm of Shinsegae Group. The funding was announced alongside the launch of OMNI Compute, a unified compute marketplace designed to let enterprises provision and operate GPU capacity across multiple cloud providers and regions without modifying […] Read more ›
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Mö Foods has raised €2.4 million in a funding round led by Nordic Foodtech VC, backing the company’s ambition to make oat-based cheese alternatives a mainstream global staple. Founded in 2017, Mö develops plant-based cheeses made entirely from Finnish oats, using proprietary production technology designed to match dairy in taste, texture, and meltability while significantly […] Read more ›
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Helsinki-based Skene has raised a €800,000 pre-seed round to help software companies turn well-built products into scalable growth engines using autonomous AI agents. The round was led by Superhero Capital, with participation from executives at NVIDIA. Founded by repeat entrepreneur Teemu Kinos, Skene builds AI agents that read and understand a product’s source code, then […] Read more ›
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Tallinn-based edtech startup Flashka has raised a €1M pre-seed round led by Outlast Fund, with participation from Ulixes Capital Partners (UCP) and Vento Ventures. Flashka is building AI-powered learning tools that turn any content into flashcards, quizzes, and structured study flows designed to improve retention rather than provide shortcuts. The fresh capital will be used […] Read more ›
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Helsinki-based Homie has launched publicly after securing €1 million in pre-seed funding, led by Superhero Capital with participation from Antler. The startup builds a network-led growth platform that helps B2B sales teams generate pipeline through warm, trusted introductions by activating employee, customer, and investor networks—positioning word-of-mouth as a scalable and measurable revenue channel. With the […] Read more ›
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Finnish space intelligence company ICEYE has secured a multi-million, multi-year contract to deliver sovereign space-based intelligence capabilities to the Swedish Armed Forces, strengthening its position as a key commercial partner in Europe’s evolving defense and security landscape. The agreement, signed with the Swedish Defence Materiel Administration (FMV), covers the delivery of ICEYE’s Synthetic Aperture Radar […] Read more ›
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Avenue Biosciences has raised a $5.7M seed extension to expand its protein engineering platform focused on the cellular secretory pathway, a key constraint in producing therapeutic proteins at scale. The round was co-led by Balnord and Tesi, with participation from existing investors Voima Ventures, Inventure, University of Helsinki, and Dimerent. Based between Palo Alto and […] Read more ›
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Oslo-based Spoor has raised €8 million in Series A to scale its AI-powered wildlife monitoring software for wind farms, as biodiversity compliance becomes a growing constraint for global wind development. The round was led by SET Ventures, with participation from EnBW New Ventures, Ørsted Ventures and Superorganism, alongside existing Nordic backers including Futurum Ventures and […] Read more ›
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Copenhagen-based Bactolife has raised more than €30 million in a Series B round to move its Binding Protein technology from development into commercialization, as the company prepares for its first human health product launch in the US in 2026. The round was led by Cross Border Impact Ventures and EIFO, with continued backing from existing […] Read more ›
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Stockholm-based Lumera has acquired UK-based consultancy Acuity to deepen its footprint in the UK and accelerate growth across the Life and Pensions sector, particularly within public sector schemes. The deal brings Acuity’s long-standing relationships with major clients such as NHS and Civil Service pension schemes, alongside its expertise in pensions policy, programme delivery and behavioural […] Read more ›
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Copenhagen-based startup Nordic Salt Cycle has raised €3.5 million in pre-seed funding from EIFO, alongside existing investor The Footprint Firm and Germany-based Ananda Impact Ventures, to develop a molten salt-based process for recovering critical minerals from end-of-life products. The company is working on a modular technology designed to extract materials such as lithium, cobalt and […] Read more ›
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Jyväskylä-based materialtech startup Aisti has secured a €20 million venture debt loan from the European Investment Bank under the InvestEU programme to scale production of its bio-based acoustic ceiling tiles. The financing will fund the expansion of Aisti’s manufacturing facility in Kitee, enabling the company to double its planned annual capacity to 2.5 million square […] Read more ›
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Stockholm-based Sigrid has raised $5 million in new funding, bringing its total capital to around $27 million, as it doubles down on U.S. expansion and platform development in metabolic health. The round drew participation from a mix of existing backers and new international investors, signaling continued confidence in the company’s clinically validated, non-systemic approach to […] Read more ›
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Norwegian smart waste management company REEN AS has acquired Swedish AI specialist Bintel AB in a cross-border deal aimed at building the Nordics’ most comprehensive digital waste platform. While financial terms were not disclosed, the acquisition is backed by growth capital earmarked for product integration and regional expansion, bringing together REEN’s sensor-driven logistics and fleet […] Read more ›
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Stockholm-based Endra has raised a $20 million seed round led by Notion Capital, with strong participation from Norrsken VC, just six months after closing its pre-seed. Founded to automate one of construction’s most time-intensive bottlenecks, Endra builds an AI-powered platform that converts architectural 3D models directly into fully designed, code-compliant MEP systems—covering electrical, ventilation, fire […] Read more ›
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Aarhus-based Cordulus has raised €6.8 million in Series A funding to expand its AI-driven, hyperlocal weather forecasting technology into the energy sector, where forecast precision is increasingly critical for trading and risk management. The round includes a first investment from Delphinus Venture Capital, backed by institutional and industrial investors, alongside continued support from existing shareholders […] Read more ›
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Helsinki-based Bahn Express has raised €5 million in a funding round led by node.vc, with participation from existing backers Trind VC and Innovestor, alongside a group of angel investors including Wolt CPO Vincent Ho-Tin-Noe. Founded in 2024, Bahn Express operates a digital automotive logistics platform that connects car dealerships, rental firms, and leasing companies with […] Read more ›
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Oulu-based cleantech company Filtrabit has secured a €2 million funding commitment from investment vehicle Ajanta Innovations 2 Ky ahead of its upcoming financing round. The commitment anchors the round and will support Filtrabit’s international expansion following the commercial validation of its modular industrial dust extraction technology in Finland. The company develops systems that capture and […] Read more ›
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Copenhagen-based fintech startup Sumary has raised a $4.2 million pre-seed round to build AI-native infrastructure for bookkeepers and finance teams, in what the company says is one of the largest Danish rounds at this stage. The funding was led by byFounders, with participation from Partech, Tenity, and angel investors including Morten Primdahl (Founder Zendesk), Christian […] Read more ›
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Helsinki-based NADMED has launched the NADMED Award 2026, a $30,000 research initiative aimed at supporting scientific work in metabolomics and redox biology, an area of cellular research that has historically been limited by measurement challenges. The award is structured as a technology and collaboration programme rather than a cash grant. Selected projects will receive access […] Read more ›
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Business Insider
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37% 9 |
Tom's Hardware
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16% 3 |
Android Authority
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8% 6 |
Gizmodo
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6% 4 |
Slashdot
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4% 1 |
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19.01.2026 04:27
Last update: 04:20 EDT.
News rating updated: 11:20.
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