Stockholm-based deeptech startup Encube has launched publicly with a $23 million funding round led by Kinnevik, Promus Ventures, and Inventure. The company develops an AI-based platform designed to help hardware teams identify and avoid costly design complexities early in the product development process. The software is already in use by industrial players including Volvo Group, […] Read more ›
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Enable Banking, an Espoo-based infrastructure provider, has partnered with Italy’s A-Tono Group to enhance connectivity between banks, businesses, and consumers. The collaboration will see A-Tono’s digital payments platform DropPay—which manages over two million transactions each month—integrate Enable Banking’s PSD2-compliant infrastructure, allowing users to access Account Information Services (AIS) and Payment Initiation Services (PIS) directly within […] Read more ›
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DoorDash, the U.S.-based food delivery titan, has acquired UK rival Deliveroo in a £2.9 billion all-stock deal, marking a major step in its European expansion. The acquisition, finalized this week, follows DoorDash’s 2022 purchase of Finnish delivery startup Wolt and positions the company as a global leader, serving over 40 countries. Taking the reins as […] Read more ›
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Lithuania’s development bank ILTE and Latvia’s ALTUM have established the Baltic Capital Markets Acceleration Fund, managed by 1 Asset Management, with a total size exceeding €50 million. The fund is intended to provide long-term financing for Baltic companies preparing for stock market listings and to support the broader development of local capital markets. It will […] Read more ›
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SiC Systems, a spinout from the Technical University of Denmark (DTU), has raised funding led by QDNL Participations, with participation from Propagator Ventures, Plug and Play, and Wavepeak Ventures. Founded by Christopher J. Savoie and Professor Seyed Soheil Monsouri, the company develops a multiagent AI platform that combines process modeling, generative AI, and quantum-enhanced computation […] Read more ›
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Swedish startup Epiminds has raised $6.6 million in a seed round led by Lightspeed Venture Partners, with participation from EWOR, Entourage, and several angel investors, including the former CMO of Booking.com. The company builds multi-agent AI systems designed to manage marketing processes from reporting to campaign execution. Its core product, Lucy, coordinates a network of […] Read more ›
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Copenhagen-based Dreamdata has closed a $55 million Series B funding round led by PeakSpan Capital, with participation from InReach Ventures, Angel Invest, Curiosity VC, and Crowberry Capital. The company provides a B2B marketing platform that consolidates customer journey data to help marketing teams analyze performance and coordinate campaigns. The new funding will be used to […] Read more ›
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ŌURA, the company behind the Oura Ring wearable, has raised more than $900 million in funding led by Fidelity Management & Research Company, with participation from ICONIQ, Whale Rock, and Atreides Management. The round values the company at roughly $11 billion. Founded in Finland and now headquartered in San Francisco, ŌURA develops data-driven wearable devices […] Read more ›
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Liquid Wind, a Gothenburg-based eFuel developer, has been awarded €3.6 million from Industriklivet, the Swedish Energy Agency’s program for industrial decarbonization, to support the pre-engineering phase of its planned eMethanol plant in Örnsköldsvik. The facility will be integrated with Övik Energi’s biofuel-powered combined heat and power (CHP) plant, using renewable electricity to produce hydrogen and […] Read more ›
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Helios Innovations AB, a Swedish cleantech company, has raised €1.28 million (SEK 14.2 million) from venture investor BackingMinds to expand its industrial wastewater and PFAS treatment operations. The company, founded by Jonatan Persson and Johanna Gillberg, has reported a 170% revenue increase over the past year and currently treats highly contaminated wastewater for Nordic pharmaceutical […] Read more ›
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Stockholm-based quantum technology company FirstQFM AB has raised €1.2 million in pre-seed funding led by BSV Ventures, with participation from Almi Invest, Further Than Capital, and Luminar Ventures. The company develops AI foundation models that aim to improve the reliability and scalability of quantum computers. The new capital will be used to continue work on […] Read more ›
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Lithuanian regenerative agriculture firm InSoil has signed a four-year agreement with Anew Climate, a U.S.-based environmental markets company, to market more than 500,000 independently verified soil carbon removals from InSoil’s Carbon Farming Program. Developed under Verra’s VCS VM0042 standard and verified by SCS Global, the project has achieved an average sequestration rate of 2.27 tCO₂e […] Read more ›
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Norwegian maritime battery supplier Corvus Energy has raised $60 million in growth funding led by Morgan Stanley Investment Management, with participation from Just Climate and J. Lauritzen. Founded in 2009, the company develops and manufactures energy storage systems (ESS) for hybrid and fully electric vessels and currently supplies around half of the world’s zero-emission ships. […] Read more ›
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Oslo-based aquaculture technology company Sensor Globe has closed a pre-seed funding round co-led by Invest Nova Scotia and Tall Grass Ventures, with participation from Hatch Blue and other strategic investors. Founded in 2023, Sensor Globe develops monitoring tools that provide fish farmers with real-time data on environmental and welfare conditions during high-stress operations such as […] Read more ›
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Lithuanian cybersecurity startup CBRX has secured €540,000 in a pre-seed funding round from Coinvest Capital and other partners, including Scalewolf, Plug and Play Tech Center, and Firstpick. The company provides a cloud platform that enables IT service providers (MSPs) to transition into managed security service providers (MSSPs) by automating threat monitoring, incident management, and customer […] Read more ›
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Stockholm-based packaging technology company Meadow has partnered with Polish co-packer FILLSY to open a new manufacturing facility in Żyrardów, Poland, dedicated to producing the recyclable aluminium pre-fill system, MEADOW KAPSUL™. The partnership marks Meadow’s first large-scale production site in Europe, designed to increase regional capacity for circular packaging as EU regulations on packaging waste tighten. […] Read more ›
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FORWARD.one has launched a €200 million Fund III to back early-stage industrial tech startups across Europe, with a strong focus on the Nordics. The fund targets breakthroughs in climate tech, robotics, automation, semiconductors, and quantum technologies, areas where the region’s technical universities provide a strong talent pipeline. FORWARD.one has already made its first Fund III […] Read more ›
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Copenhagen-based venture capital firm 55 North has announced the first close of its €300 million quantum technology fund, raising €134 million from anchor investors Novo Holdings and EIFO. The fund, described as the largest dedicated quantum VC to date, will invest across the quantum ecosystem — including computing, sensing, and communication technologies — at various […] Read more ›
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Katana, the Tallinn-based cloud-native inventory management platform for SMBs, has raised a €14 million extension to its Series B round, led by Cogito Capital Partners and joined by Benchmark’s Peter Fenton. The company, trusted by over 1,500 businesses across 70 countries, has tripled revenue since its 2022 Series B and will use the new funding […] Read more ›
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Luna Robotics, a Kaunas-based defense technology company, has raised €1.08 million from Coinvest Capital, Plug & Play EMEA Ventures GmbH, and several international angel investors. The company develops tactical FPV drone cameras used in military operations and plans to allocate the new funds to expand production and strengthen distribution networks in European and U.S. markets. […] Read more ›
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Stockholm-based freight technology company Einride has raised $100 million from a mix of existing and new investors, including EQT Ventures and a US-based global asset management firm. The funding is intended to support the company’s expansion of autonomous and electric freight operations, technology development, and deployment of its Saga planning platform. Founded in 2016, Einride […] Read more ›
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Icelandic energy technology company SnerpaPower has signed a long-term agreement with Norðurál, one of Europe’s largest aluminum producers, to provide advanced energy management and flexibility services. Under the partnership, SnerpaPower’s software will help optimize Norðurál’s power use and automate scheduling in line with contractual and grid requirements. The deal makes Norðurál SnerpaPower’s largest customer to […] Read more ›
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Most popular sources
Business Insider
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34% 19 |
Android Authority
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10% 4 |
Vox
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9% 3 |
Gizmodo
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8% 1 |
MacRumors
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7% 10 |
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16.10.2025 13:01
Last update: 12:55 EDT.
News rating updated: 19:52.
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