Helsinki-based gaming studio BIT ODD has raised €17 million in a funding round led by Griffin Gaming Partners, with contributions from Makers Fund, Index Ventures, and other prominent investors. BIT ODD aims to bring creativity and emotional depth back to mobile gaming, countering the industry’s trend toward data-driven, finance-first game design. The studio plans to […] Read more ›
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Oslo-based Augere Medical has raised €1.9 million (NOK 23 million) in its first close funding round to accelerate the rollout of its AI-driven PolypAID™ system, designed to enhance polyp detection during colorectal cancer screenings. The funding will be directed toward expanding European sales and marketing efforts and strengthening the company’s AI development team. With the […] Read more ›
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Hyvinkää-based Keto Software has raised €8.4 million in a funding round led by Emerald Technology Ventures, with participation from Greencode Ventures, Sinituote’s Ilkka Brotherus, and Kimmo Rauma of Trauma Holding. The round includes €6.4 million in equity and €2 million in loans, propelling Keto’s mission to expand globally and enhance its AI-driven, no-code Strategic Portfolio […] Read more ›
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Stockholm-based Candela has successfully closed its Series C funding round, raising a total of $40 million in 2024, including a fresh $14 million led by SEB Private Equity, with participation from EQT Ventures and KanDela AB. Renowned for its electric hydrofoil technology, Candela develops high-speed, zero-emission vessels like the P-12 ferry, which halves commute times […] Read more ›
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Gridly, a content operations platform founded in Helsingborg, has named Anna Albinsson as its new CEO, with co-founder Christoffer Nilsson transitioning to Chief Product Officer. Albinsson, known for her experience in digital transformation and SaaS leadership, brings expertise from roles at Avoki, Whispr Group, and Bisnode. Her appointment signals Gridly’s plans to expand beyond gaming […] Read more ›
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BSV Ventures has secured €15 million to invest in pre-seed and seed-stage deeptech startups across the Baltics and the EU. Backed by partners like the NATO Innovation Fund and Lithuania’s ILTE fund, the firm focuses on helping researchers turn advanced scientific developments into scalable commercial solutions. With offices in Lithuania, Estonia, and Finland, BSV Ventures […] Read more ›
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Gothenburg-based eFuel developer Liquid Wind has raised €44 million in a Series C funding round led by Uniper, HYCAP, and Samsung Ventures, marking one of Europe’s largest eFuel investments this year. The funds will accelerate the rollout of ten eFuel facilities by 2027, as part of Liquid Wind’s ambitious plan to establish 500 globally by […] Read more ›
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Kodiak Hub, a Stockholm-based company focused on transforming Supplier Relationship Management (SRM) with AI-powered tools, has secured €6 million in funding from the B2B SaaS investment firm Oxx. The investment will support the company’s expansion, especially in the US, and help enhance its platform with advanced data analytics capabilities. Kodiak Hub’s platform offers procurement leaders […] Read more ›
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Oslo-based AI-driven platform Deckmatch has raised $3.1 million in an oversubscribed seed round co-led by Alliance VC and Luminar Ventures, with additional backing from First Degree Capital and Skyfall Ventures—all existing customers of the company. Founded in 2023 by Leo Gasteen and Walid Mustapha PhD, Deckmatch automates the analysis of startup pitch decks through REST […] Read more ›
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Taito.ai has secured $2.7 million in seed funding to revolutionize performance management, with Accel leading the round and angel investors from Illusian participating. The Helsinki-based startup leverages AI to transition companies from annual reviews to a continuous, growth-focused feedback culture. The funding will accelerate the platform’s launch in 2025, expanding its reach to teams globally. […] Read more ›
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Finnish startups have maintained steady funding momentum in the first half of 2024, with €497 million raised, matching last year’s pace, according to the Finnish Venture Capital Association (FVCA). A sentiment survey conducted among Finnish venture capital (VC) investors reveals a cautiously optimistic outlook, suggesting the market downturn is easing. Positively, early-stage investments remain robust, […] Read more ›
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Freya Biosciences, a biotech company based in Copenhagen and Boston, has raised $10.4 million in funding from the Bill & Melinda Gates Foundation, with an additional $1.4 million from Denmark’s Export and Investment Fund (EIFO). The funding will support the further development of Freya’s DYSCOVER™ platform, which focuses on microbial immunotherapies for bacterial vaginosis (BV) […] Read more ›
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Vilnius-based edtech startup Turing College has been awarded a €2.5 million grant from the European Innovation Council (EIC), one of 70 projects selected out of 969 applications across Europe. The funding will support the development of AI-driven tools to enhance digital skills education. These tools aim to personalize learning by adapting curricula to individual progress, […] Read more ›
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FinEstLove Fund Management has announced the launch of the “FinEst-Faroe” investment fund at the Slush event in Helsinki, aiming to drive economic growth in the Faroe Islands. The fund, led by Faroese experts Olaf Olsen Sundstein and Tórheðin Jensen, seeks to raise between €30 million and €50 million to support both startups and established companies […] Read more ›
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ŌURA has secured a $75 million strategic investment from Dexcom as part of its Series D funding, elevating the company’s valuation to over $5 billion. This partnership will integrate Dexcom’s glucose monitoring data with Oura Ring’s vital sign, sleep, stress, and activity metrics, creating a comprehensive platform for understanding metabolic health. The collaboration responds to […] Read more ›
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Oulu-based ŌURA has secured a $75 million strategic investment from Dexcom as part of its Series D funding, elevating the company’s valuation to over $5 billion. This partnership will integrate Dexcom’s glucose monitoring data with Oura Ring’s vital sign, sleep, stress, and activity metrics, creating a comprehensive platform for understanding metabolic health. The collaboration responds […] Read more ›
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Helsinki-based startup Serviceform has raised €2.45 million in funding to expand its marketing technology platform, which consolidates tools for lead generation, customer management, and workflow automation into a single solution. The round was led by Virta Equity, alongside BackingMinds, Gorilla Capital, and angel investor Lasse Järvinen. The company, which has achieved break-even and operates on […] Read more ›
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Vilnius-based isLucid has completed its pre-seed funding round, with €265,000 contributed by Coinvest Capital alongside investments from Business Angels Fund, Katalista Ventures, Agmis, and other angel investors. The funding will support isLucid’s expansion into Scandinavian and non-English-speaking markets and further development of its AI-powered platform for contact centers. The company’s tools analyze customer interactions, assist […] Read more ›
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MinervaX, a Copenhagen-based biotech company focused on developing a vaccine for Group B Streptococcus (GBS), has appointed Veronica Gambillara Fonck as Chair of the Board. With extensive experience in vaccine development and leadership roles at companies like LimmaTech Biologics and GlycoEra AG, she has been a MinervaX board member since 2022. This appointment comes as […] Read more ›
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In a world where the rise of fast fashion has made clothing as disposable as single-use plastic, one company is fighting back with innovation and heart. Based in Lappeenranta, Finland, VeryU is reimagining secondhand shopping by bridging the gap between online consumers and local stores. Their mission is to combat the staggering levels of textile […] Read more ›
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Oslo-based startup Atlas.co has raised $2 million in a pre-seed round led by Pale Blue Dot, a European VC with a climate focus, joined by notable investors including Ben Lang, formerly of Notion, and Andreas Klinger, a founding team member at Product Hunt. Atlas.co offers a browser-based, collaborative mapping tool designed to simplify geospatial data […] Read more ›
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Riga-based Mapon and Germany’s Schmitz Cargobull are collaborating to make trailer management smarter and simpler for fleet operators across Europe. Through their partnership, Mapon’s fleet management platform will now integrate data from Schmitz Cargobull’s TrailerConnect® system, bringing critical trailer insights—such as temperature, humidity, and maintenance needs—directly to fleet managers in one interface. This streamlined access […] Read more ›
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Happy Plant Protein, an Espoo-based food technology startup spun out from VTT Technical Research Centre of Finland, has secured €1.8 million in pre-seed funding. The investment round was led by Nordic Foodtech VC, with additional support from Butterfly Ventures and Business Finland. The company has developed a patented process that uses existing extrusion technology to […] Read more ›
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Imagine walking through a city where wood patterns emerge in fluid, intricate designs on every wall, adding natural warmth and elegance to urban life. This vision of blending responsibly sourced, modern wood cladding into architecture is becoming a reality with WUUD. This Helsinki-based venture is on the brink of transforming how we see and use […] Read more ›
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Copenhagen-based startup Clair Scientific has raised €1.6 million (12 million kroner) from EIFO and Innovestor to advance its novel microscope technology. Clair Scientific’s ‘Z1’ microscope is designed to make advanced imaging more accessible. Unlike traditional models, the Z1 is both smaller and less expensive, incorporating a unique combination of imaging technology and cloud computing. With […] Read more ›
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Most popular sources
Business Insider
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30% 5 |
Wired
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9% 6 |
The Verge
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7% 0 |
Android Authority
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6% 2 |
Tech Wire Asia
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6% 5 |
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27.11.2024 03:35
Last update: 03:30 EDT.
News rating updated: 10:31.
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