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Nurcin Metingil @ ArcticStartup 1 place · today 07:12 EDT

LatBAN Angels invest €500K into Buildit and Outlast to strengthen VC-angel ties in Latvia

The Latvian Business Angel Network (LatBAN) has invested €500,000 as a syndicate into two venture capital funds—Buildit VC and Outlast Fund—both supported by state-backed ALTUM. The move reflects a growing trend toward closer collaboration between angel investors and institutional capital in Latvia. Rather than directly backing startups, LatBAN members are opting to support fund structures […] Read more ›

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29.07.2025 ♉︎ Dear Taurus, today your horoscope promises a busy and vibrant day in the sphere of... Read more ›
ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · today 06:17 EDT

Swedish Quartr raises $10 million to expand public market research platform

Quartr, a Stockholm-based platform focused on qualitative public market research, has raised $10 million in funding from existing backers Altos Ventures, Yanno Capital, and Öhman. The company provides structured access to first-party information such as earnings calls, investor presentations, and transcripts through its API, desktop platform, and mobile app. The new capital will support global […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · today 05:52 EDT

Psylink secures €501K pre-seed

Vilnius-based biotech startup Psylink has secured €501,521 in pre-seed funding in a round led by Coinvest Capital, with participation from Firstpick, BSV Ventures, and a group of angel investors. The company is building a biotechnology platform focused on the sustainable production of plant- and fungi-derived compounds, with the goal of identifying and evaluating new molecular […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/28/2025 08:59 EDT

BlackWood Ventures announces second close of Fund I

BlackWood Ventures, a venture capital firm based in Copenhagen, has announced the final close of its debut fund at $25 million. Focused on backing high-potential fintech, cleantech, and Web3 founders across Europe, the fund is supported by a wide range of investors including private Nordic investors, exited entrepreneurs, and family offices. Fund I remains open […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/25/2025 06:01 EDT

Norwegian startup secures €12 million seed to scale subsea robotics, backed by NATO Innovation Fund

Kongsberg Ferrotech has raised €12 million in seed funding, led by the NATO Innovation Fund and Norway’s state-owned Investinor. The company develops autonomous underwater robotics for inspection and repair of subsea infrastructure, offering an alternative to traditional drydocking and diver-based methods. The system, which creates a localized dry environment around damaged areas, is already in […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 07/25/2025 05:21 EDT

Norway’s Remora Robotics raises €13.7 million to reinvent fish welfare with AI and automation

Stavanger-based Remora Robotics has raised €13.7 million (NOK 164 million) in a funding round led by Hatch Blue’s Blue Revolution Fund, with continued backing from existing investors, including Grieg Kapital. The Norway-based company develops autonomous robots that clean aquaculture nets and use AI to monitor net integrity and fish welfare. The system is designed to […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 07/25/2025 02:51 EDT

Finnish startup land €25 million seed to expand modular EV component platform

Donut Lab, a Helsinki-based e-mobility technology company, has raised €25 million in seed funding to support the growth of its modular electric vehicle platform. The investment round includes notable participation from Risto Siilasmaa, former chairman of Nokia, who also joins the company’s board. Donut Lab develops a comprehensive platform of inter-compatible components—such as in-wheel motors, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/24/2025 06:43 EDT

Hamina Wireless raises seed funding

Hamina Wireless has raised a seed funding round led by Nordic early-stage investor Inventure, with Superhero Capital and First Fellow joining as co-investors. The company develops software tools for designing wireless networks, including support for Wi-Fi 6E and CBRS. The platform also features automation capabilities for switch planning, cabling, and infrastructure components such as IDFs […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/22/2025 11:59 EDT

ÄIO awarded €1 million

Tallinn-based biotechnology company ÄIO has been awarded €1 million in public funding through the Estonian Business and Innovation Agency’s Applied Research Programme (RUP). The grant will support a three-year research project focused on developing microbial fermentation-derived lipids for use in cosmetics. ÄIO converts agricultural and wood industry by-products into fats and oils using yeast fermentation. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/22/2025 11:04 EDT

Brightplus raises €2 million

Oulu-based materials company Brightplus has secured €2 million in funding to advance the industrial scaling of its recyclable, bio-based textile coatings. The round was led by impact-focused investor Collateral Good and supported by Butterfly Ventures and other future-driven partners E.A.T. Holdings, FF-Future/Finnfoam AB, Nordic Option Oy, and FutureLab X. Brightplus develops coatings using its proprietary […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 07/22/2025 10:41 EDT

Estonian Jälle Technologies raises €2 million pre-seed to scale battery recycling technology

Tallinn-based Jälle Technologies has secured €2 million in pre-seed funding to further develop its battery recycling and material upcycling processes. The round includes equity investments from Kiilto Ventures, 2C Ventures, EIS, KIK (Environmental Investment Centre), and angel investors Andrus Purde and Priit Viru, as well as grants from Enterprise Estonia (EIS) and the Environmental Investment […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/22/2025 01:26 EDT

Danish startup Quadsat extends Series A to focus on military applications

Quadsat has raised a €5 million extension to its Series A round, led by Join Capital and North Ventures, alongside existing investors Seraphim Space, Export and Investment Fund of Denmark (EIFO), Helge Munk Holding and TPC Management. Based in Odense, Denmark, the company develops platform-agnostic RF spectrum intelligence and geolocation technology used in satellite communications […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/21/2025 09:18 EDT

Kiku raises €4 million seed

Copenhagen-based Kiku has raised €4 million in seed funding to accelerate its AI-driven recruitment platform for high-volume frontline hiring. The round was led by Cherry Ventures, with participation from Yellow and angel investors Fredrik Hjelm and Felipe Navio. Kiku addresses inefficiencies in the $100B+ frontline hiring market—where high turnover and lengthy recruitment cycles are the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/21/2025 01:35 EDT

Swedish AI startup hits $1.8B valuation just eight months after launch

Just eight months after launching, Stockholm-baseed Lovable has raised a record-breaking $200 million Series A round at a $1.8 billion valuation, led by Accel and backed by 20VC, byFounders, Creandum, Hummingbird, Visionaries Club, and several prominent angel investors. The London-based startup is building an AI platform that enables anyone—regardless of coding experience—to design, build, and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/16/2025 03:26 EDT

Ageras acquires Employes

Ageras, the Copenhagen-based software platform for small business administration, has acquired Dutch payroll software company Employes in its eighth acquisition to date. Founded in 2018, Employes provides do-it-yourself payroll tools tailored to the Dutch regulatory system and serves more than 6,000 businesses. The deal strengthens Ageras’ presence in the Netherlands and adds payroll capabilities to […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/15/2025 08:44 EDT

Semine acquired by Rydoo

Semine, a Norway-based provider of AI-driven accounts payable automation, has merged with expense management platform Rydoo. The deal, announced on July 14, brings together two SaaS companies focused on financial process automation. While the terms were not disclosed, the merger is expected to expand Semine’s reach beyond the Nordic region by leveraging Rydoo’s international footprint. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 07/15/2025 05:46 EDT

Swedish Opper AI raises oversubscribed pre-seed to build infrastructure for AI developers

Opper AI, a Stockholm-based startup, has closed a €2.5 million pre-Seed round to support the launch of its Task Completion API, a platform designed to help developers deploy large language models (LLMs) in production environments. The round, which was oversubscribed, included investments from Luminar Ventures, Emblem Venture Capital, Greens Capital, and several angel investors. Opper […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/15/2025 03:56 EDT

With global trade demanding speed, Norwegian fintech startup gets €13M to build trust infrastructure

Oslo-based fintech company Two has raised €13 million in a funding round led by Idékapital and Shine Capital, with participation from new investor Investinor and existing backers including Sequoia Capital, Antler, and LocalGlobe. The company, which has now raised over €40 million in total, is building TwoNet, a real-time trust infrastructure designed to simplify B2B […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/11/2025 05:30 EDT

Estonian Vok Bikes secures $6 million to replace vans in Europe’s cities

Tallinn-based Vok Bikes has raised $6 million in a Series A funding round led by SQM Lithium Ventures, the corporate venture arm of global lithium producer SQM International Lithium. Existing investors Metaplanet, Specialist VC, Sunly, and state-backed SmartCap also participated, the latter through its Green Fund supported by the EU’s NextGenerationEU recovery plan. Vok develops […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/11/2025 04:37 EDT

Danish AI startup GetWhy extends Series A round to support U.S. expansion and product growth

Copenhagen-based startup GetWhy has raised an additional €17 million in funding, extending its Series A round and positioning it among the largest early-stage financings in Denmark. The round was led by PeakSpan Capital, with participation from Arbejdernes Landsbank. GetWhy develops generative AI tools that analyze video-based consumer interviews to deliver insights for enterprise clients. The […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 07/10/2025 07:43 EDT

BrachyDOSE raises €554K

Kaunas-based medical technology company BrachyDOSE has secured €554,000 in funding to conduct clinical testing of its radiation dose measurement system used in cancer treatment. The round was led by Coinvest Capital, contributing €300,000, with additional investment from BSV Ventures, as well as business angel groups LitBAN and EstBAN. BrachyDOSE develops a combined hardware–software solution designed […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/10/2025 02:17 EDT

Norway & US-based Actithera raises $75.5M Series A to advance radioligand therapy pipeline

Actithera, an Oslo and Cambridge-based biotech company focused on radioligand therapies, has closed a $75.5 million Series A financing round to support the clinical development of its lead fibroblast activation protein (FAP)-targeting candidate and further build out its discovery platform and preclinical pipeline. The round was co-led by M Ventures , Hadean Ventures, Sofinnova Partners and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/08/2025 09:06 EDT

Alliance VC announces €100M Nordic fund to back the next wave of AI-native startups

Nordic venture capital firm Alliance VC has announced the first close of its third fund, Alliance Nordic III, with backing from leading institutional LPs including Saminvest (Sweden), KLP (Norway), Investinor (Norway), Smedvig (Norway), and Telenor (Norway). The fund aims to deploy €100 million to early-stage tech startups across the Nordic region, with a core focus […] Read more ›

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29.07.2025 11:27
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