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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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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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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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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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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Steady Energy, a Finnish nuclear technology company focused on heat-only small modular reactors (SMRs), has closed a €32 million funding round. Investors include Finnish institutions such as Tesi and LocalTapiola, as well as international firms like Move Energy, Valo Ventures, and 92 Capital. The funding will support the construction of a full-scale, non-nuclear pilot plant […] Read more ›
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Stockholm-based defence technology startup Nordic Air Defence (NAD) has raised an additional $3 million in a pre-seed funding round led by VC firm Inflection, bringing the total raised to $4.4 million. The company develops drone defence systems aimed at reducing European reliance on foreign suppliers. The funding will support the development and production of its […] Read more ›
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Stockholm-based Techarena has secured over €1 million (SEK 12 million) in funding from BackingMinds to accelerate its international expansion. Known for convening startups, investors, and thought leaders through flagship events like Techarena Challenge and Time to Raise, the platform has seen 600% revenue growth in three years and hosted over 18,000 participants in the past […] Read more ›
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The Norrsken Foundation has pledged €300 million to support European startups developing artificial intelligence tools aimed at addressing large-scale societal and environmental challenges. The funding will be distributed through Norrsken VC, Norrsken Launcher, and Norrsken Accelerator. In a public statement, Norrsken’s investment team highlighted concerns that while AI has attracted record-breaking capital—over $110 billion in […] Read more ›
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Helsinki-based Kuva Space is partnering with the Finnish Environment Institute (Syke) on a pilot project aimed at improving the detection of harmful algae blooms in Finland’s inland and coastal waters. The initiative will test the applicability of Kuva Space’s hyperspectral satellite data and AI-driven analysis in complementing Syke’s existing monitoring methods, which rely on public […] Read more ›
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Antler Nordics has rolled out updated investment terms for early-stage founders in Helsinki, Stockholm, Oslo, and Copenhagen, doubling its initial pre-seed investment to €200,000. The move follows the close of its second €100 million Nordic fund and is aimed at giving founders longer runway and faster commercial traction from the outset. Under the new structure, […] Read more ›
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Spacent, a B2B workspace platform operating in 24 countries across Europe, has raised a funding round led by Gorilla Capital Fund III with participation from Lifeline Ventures, Halton Group, Redical Holdings AG, and Morrow Portfolio Oy. The company provides access to flexible workspaces aimed at supporting hybrid work models by helping organizations manage office costs […] Read more ›
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Stockholm-based Tandem Health has raised $50 million in a Series A funding round led by Kinnevik, with participation from Northzone, Amino Collective, and Visionaries Club. The company develops AI tools aimed at reducing administrative tasks for clinicians by automating clinical note-taking and other workflow processes. Tandem’s technology is currently in use across several European countries, […] Read more ›
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Lithuanian aeronautics company Airvolve and Finnish defence systems provider Maverick Defence Oy have signed a Letter of Intent to deliver ten Airlift-U500 VTOL aircraft to Finland and Sweden, with first deliveries expected in mid-2026. Under the agreement, Maverick Defence will act as Airvolve’s distributor and operational partner in both countries, supporting demonstration, training, and integration […] Read more ›
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Copenhagen-based biotech Vesper Bio has appointed Jacob Falck Hansen as Chief Executive Officer, replacing Paul Little, who led the company through its transition from preclinical to clinical development. Hansen, a partner at Lundbeckfonden BioCapital—the company’s largest shareholder—brings experience from both corporate strategy at Novo Nordisk and board roles in several biotech ventures. His appointment comes […] Read more ›
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Copenhagen-based Leaf has raised €1.74 million (13 million DKK) in its first investment round, led by Caesar and supported by EIFO, along with several angel investors. The company offers a digital platform designed to help businesses manage their insurance and pension by providing data-driven analysis and automation. Leaf aims to address the problem of many […] Read more ›
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ONiO, an Oslo-based semiconductor startup, has raised €5 million in a Series A round to scale production of ONiO.zero, a wireless microcontroller that operates entirely on harvested ambient energy. The round was led by Stockholm-based node.vc with Helsinki’s Maki.vc as co-lead. Existing investors EIC Fund and MP Pension also participated. ONiO.zero integrates a RISC-V CPU, […] Read more ›
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Stockholm-based Pixelgen Technologies has been awarded $14.7 million (EUR 12.5 million) in blended grant and equity financing from the European Innovation Council (EIC) Accelerator. The funding will support the expansion of Pixelgen’s Proxiome Kit, a recently launched product for high-throughput analysis of protein interactions at the single-cell level. Pixelgen’s core technology, the Proximity Network Assay, […] Read more ›
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Malmö-based startup Visslan was acquired by Whistleblowing Solutions AB, the company behind Whistlelink. The deal brings together two players in the Nordic whistleblowing tech sector, creating Sweden’s largest provider in the space. Visslan will continue operating under its existing brand, maintaining its platform, pricing, and customer relationships. The acquisition gives Visslan access to Whistlelink’s larger […] Read more ›
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Flowstep, a Tallinn-based designtech startup, has raised $2.6 million in seed funding—bringing its total to $4.5 million—to support the global rollout of its AI-native design platform. The round was led by Supernode Global, with participation from Adesso Ventures, Angel Invest, Dnipro VC, Iron Wolf Capital, and angel investors including Anton Borzov (WhatsApp), alongside follow-on investments […] Read more ›
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Epigenica AB, a Stockholm-based life sciences company specializing in high-throughput epigenetic screening tools, has raised $2.2 million (SEK 21.5 million) in new funding. The round was led by Voima Ventures, with additional participation from Navigare Ventures, Leksell Social Ventures, and existing investor Almi Invest. The company develops the EpiFinder platform, which allows for the parallel […] Read more ›
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Echandia, a Swedish supplier of battery systems for maritime applications, has raised additional financing from S2G Investments, bringing its latest funding round to $34 million (SEK 325 million). S2G, a U.S.-based investor with a focus on ocean-related climate solutions, joins the round as Echandia’s first American backer. The company plans to use the capital to […] Read more ›
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Fiberwood, a Järvenpää-based deep tech startup developing bio-based alternatives to conventional insulation, has been awarded €3.1 million in funding from the EU LIFE Programme. The funding will support the company’s efforts to scale up production of its recyclable, plastic-free fibreboards, made from wood industry residues and recycled materials. The grant is part of Fiberwood’s LIFEMODWISE […] Read more ›
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Most popular sources
Eurogamer.net
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22% 17 |
Gizmodo
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11% 4 |
Business Insider
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11% 8 |
The Verge
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11% 4 |
Android Authority
|
7% 1 |
| View sources » | |
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11.07.2025 07:06
Last update: 07:01 EDT.
News rating updated: 14:04.
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