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Nurcin Metingil @ ArcticStartup 1 place · 12/04/2025 05:39 EDT

Fronted raises $1 million pre-seed

Norway-based startup Fronted has secured $1 million in pre-seed funding from Antler and Sondo Capital to further develop its AI-driven platform for managing global hiring and employment. The company is building a system that brings recruitment, onboarding, payroll, compliance and offboarding into one workflow—an attempt to streamline a process that today is handled across multiple […] Read more ›

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05.12.2025 ♌︎ Dear Lev! Today's day promises to be filled with events and opportunities in various areas... Read more ›
ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 12/04/2025 04:19 EDT

Incore Invest second closing of its II fund

Stockholm-based Incore Invest has secured a second closing of its Incore Invest II fund at around €40 million, following an additional €15 million raised from new and existing investors. The fund targets high-growth SaaS and fintech startups across Europe, with a focus on scalable platforms and embedded finance solutions. The new capital boosts the firm’s […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/03/2025 09:23 EDT

Finland’s QMill and Montréal’s ÉTS team up to accelerate quantum-algorithm research

Espoo-based quantum-algorithm developer QMill and Montréal’s ÉTS have formalized a strategic research partnership that brings together QMill’s industrial expertise in near-term quantum software and ÉTS’s growing academic strength in quantum-algorithm science. The collaboration will focus on co-developing, testing, and benchmarking algorithms designed for real-world use cases—particularly in sectors such as energy, logistics, and telecommunications—while enabling […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/03/2025 08:18 EDT

NestAI raises €100 million

Espoo-based physical AI lab NestAI has raised €100 million in strategic investment from Nokia and Tesi, coinciding with a new partnership to co-develop AI-native defense and critical-infrastructure technologies. NestAI builds next-generation AI systems for unmanned vehicles, autonomous operations, and data-centric command-and-control platforms used in logistics, inspection, security, and defense. The fresh capital will accelerate R&D […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/03/2025 06:24 EDT

Ulrik Zeuthen Joins Adalyon as CEO

Espoo-based Adalyon has named Ulrik Zeuthen as its new CEO, while founder Dr. Katarina Cantell moves into the role of Chief Scientific Officer, marking a structural shift as the company advances its work in AI-based speech biomarkers for clinical research. Zeuthen, previously a director at Novo Nordisk and a data strategist at Deloitte, brings experience […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/02/2025 11:56 EDT

Complir raises €1.7m pre-seed

Copenhagen-based compliance startup Complir has raised €1.7 million in pre-seed funding to help retailers navigate the rising complexity of global product regulations. The round was led by Vendep Capital, with participation from Likeminded, Plug and Play, F-LOG Ventures, and several industry operators including former Coop Group CEO Kraen Oestergaard Nielsen, GS1 board member Per Thau, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 12/02/2025 06:56 EDT

After Kaiku Health, Finnish founders raise €7.5M seed for New AI Healthcare Venture founders secure €7.5 million in a seed round to bring AI-powered oncology OS to global clinics

Helsinki-based Gosta Labs has raised a €7.5M seed round led by Voima Ventures, with backing from COR Group, Terveystalo, the Aho family, Reaktor and notable angel investors, bringing its total funding to nearly €10M. Founded by the ex-Kaiku Health team, the company is building an AI operating system for oncology that turns every patient visit into […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 11/26/2025 08:02 EDT

Swedish Kovant raises €1.5 million pre-seed as it debuts enterprise-focused agentic AI platform

Stockholm-based Kovant has secured €1.5M in pre-seed funding as it launches its enterprise AI platform publicly. The round was led by J12 Ventures, with participation from Ampli, Green Ventures, and several angel investors, including Sarah Öhrvall—who will join the company’s board—and Emmanuel Martin-Chave of DataGuard. Kovant develops an “agentic” AI system that enables organisations to […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 11/26/2025 06:27 EDT

Copenhagen-based food-tech startup Noahs has secured €1.9 million in fresh funding to accelerate its push toward modernizing the €1T global convenience retail sector. The round, led by PSV Tech with participation from prominent angels including former Coop Denmark CEO & CTO Kraen Nielsen, RBS & Associates President Bob Stein, and existing backer Torben Frigaard Rasmussen, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 11/26/2025 05:50 EDT

Bsure raises $2.1M

Norwegian identity-visibility startup Bsure has raised $2.1 million in seed funding to tackle one of the biggest hidden risks in modern IT: the blind spots inside Microsoft environments. The round was led by Scale Capital, with participation from existing US-based shareholders. Bsure gives companies a real-time map of users, access rights, and dormant accounts across […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 11/25/2025 11:09 EDT

Latvia’s TestDevLab acquired by Xoriant, expanding Baltic role in AI-Era QA

Latvia-based TestDevLab, known for its deep specialization in software quality engineering, has been acquired by global engineering firm Xoriant as part of the latter’s ongoing expansion into Europe. For TestDevLab—whose 500-person team works across test automation, performance and multimedia testing, accessibility, UX, and network simulation—the deal provides access to larger international delivery networks and broader […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 11/25/2025 10:41 EDT

Estonian PowerUP lands €10 million to scale dual-use hydrogen generators as demand for resilient power infrastructure intensifies

Tallinn-based PowerUP Energy Technologies has secured a €10 million Series A round to scale its hydrogen fuel-cell generators, a dual-use technology already proven in extreme operational environments. The round was co-led by defence-aligned venture firms Mercaton and ScaleWolf, with participation from SmartCap’s EU-backed Green Fund and existing investors. PowerUP develops silent, emission-free hydrogen generators used […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 11/25/2025 10:20 EDT

Swedish-German Delta Charge secures $4.3 million to advance battery-supported depot charging

Delta Charge, a Swedish-German company working on battery-supported charging infrastructure for electric trucks, has raised $4.3 million in equity funding. The round was led by Vireo Ventures and Rethink Ventures, joined by Audi and Allianz executives, German family offices, and climate-tech founders from Munich. Founded in 2024, the company develops depot-based charging sites that combine […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 11/25/2025 09:54 EDT

Wiraya and On-Time merge

Swedish SaaS company Wiraya, known for its intelligent, voice-led communication technology, has merged with On-Time Research Solutions Oy, a Finnish SaaS provider specializing in customer engagement and payment reminders. The combined company aims to create the leading Nordic platform for intelligent voice-driven communication in sectors such as debt collection, insurance, and customer activation. The merger, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 11/25/2025 09:26 EDT

Sweden’s AlixLabs raises €14.1 million to scale its APS™ etching technology for advanced chip production

Lund-based deep-tech startup AlixLabs has raised a €14.1M Series A to speed up the industrialization of its Atomic Layer Etching Pitch Splitting (APS™) technology, a process designed to make advanced semiconductor manufacturing cheaper and more energy-efficient. The round was co-led by long-time backers Navigare Ventures, Industrifonden, and FORWARD.one, with new participation from STOAF and Japan’s […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 11/25/2025 09:04 EDT

Norway’s SportAI raises $3 million to expand camera-agnostic sports analysis tech

Oslo-based SportAI, a B2B sports technology startup using AI-powered video analysis to deliver professional-level performance insights, has raised an oversubscribed $3M round led by Norwegian investment fund Altitude Capital with participation from global tennis star Casper Ruud, former McKinsey Global Tech & Media head Endre Holen, US pro soccer player Alejandro Bedoya and TRK Group […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 11/25/2025 07:20 EDT

Starship Technologies partners with Uber Eats

Starship Technologies and Uber Eats are entering a long-term collaboration to introduce autonomous sidewalk delivery robots across several markets, starting in Leeds, UK, in December 2025. The partnership brings together Starship’s existing fleet of AI-driven delivery robots—already used in millions of real-world orders—and Uber Eats’ large distribution network. In practice, this means Uber Eats customers […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 11/24/2025 09:00 EDT

FVCA data shows Finland’s startup community blooms in 2025 with historic funding levels

Finland’s startup community is closing out 2025 with something rare in today’s uncertain economic climate: momentum, optimism, and a record-breaking wave of investment that has lifted the entire ecosystem. According to new figures from the Finnish Venture Capital Association (FVCA), Finnish startups raised €400 million during the first half of the year. By autumn, a […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 11/24/2025 04:18 EDT

BalticVC’s new survey shows a more mature, confident, and resilient ecosystem

The Baltic startup ecosystem is entering a new chapter — one defined not by hype cycles or explosive swings, but by steady growth, experienced founders, stronger teams, and healthier focus, according to the newly released Baltic Startup Survey 2025 by BalticVC in partnership with YellowRocks!. Despite a turbulent global macro environment, most Baltic founders say […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 11/21/2025 08:57 EDT

Stratis lands seed funding to turn chaotic data into instant insight

Reykjavik-based Stratis has closed its seed round to accelerate the rollout of its strategic data analysis platform, designed to give governments and enterprises real-time situational awareness across fast-moving environments. Founded by Ingvar Helgason, Smári McCarthy, and former Unity CEO Davíð Helgason, the Estonia- and Iceland-based company unifies massive geospatial and temporal datasets into a single […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 11/21/2025 02:45 EDT

Flatpay hits $1.7B valuation with $170M round, becoming Denmark’s fastest new unicorn

Copenhagen-based fintech company Flatpay has become the country’s fastest unicorn after securing $170 million in fresh funding at a $1.7 billion valuation. The round was led by AVP and Smash Capital, with continued support from Hedosophia, Seed Capital, and Dawn Capital. Founded in 2022, Flatpay provides flat-rate, no-hidden-fee payment and POS solutions for SMB merchants […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 11/18/2025 07:23 EDT

Stockholm-based Spiich Labs has raised a €600k pre-seed round led by Ampli Ventures, joined by founders and operators from Lovable, Neo4j, Tandem Health, Creandum, and OpenAI’s startup leadership  alongside Index Ventures Scout Fund and Wave Ventures. The KTH-born startup is rebuilding sales software for the AI era, tackling a €300bn productivity drain caused by sales […] Read more ›

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05.12.2025 02:41
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