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01.12.2025 − 07.12.2025
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 1 place · 12/12/2025 06:37 EDT

Subsea desalination startup Flocean extends Series A to $22.5M, adds Xylem as strategic investor

Oslo-based Flocean has expanded its Series A round to $22.5 million, adding Xylem Inc. as a strategic investor alongside existing backers Burnt Island Ventures, Freebird Capital, Katapult Ocean, and Nysnø Climate Investments, with new participation from Ari Emanuel, Orion, Rypples, and Wellers Impact’s Water Unite Impact Fund, as well as the CEO of Asset Buyout […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 12/12/2025 05:02 EDT

Praktikverket raises funding

Praktikverket, a young Swedish platform aiming to streamline how students find internships, has closed an oversubscribed investment round that values the company at nearly €1 million (SEK 10 million). Both existing and new investors took part, signalling early interest in tools that address structural gaps between education and the labor market. The funding will be […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/10/2025 04:22 EDT

Lithuania’s Aneli Capital launches €35 million fund for early-stage startups in the Baltics and CEE

Vilnius-based Aneli Capital has launched a €35 million early-stage fund to back Baltic, Polish, and wider CEE startups in ICT, robotics, energy, space, photonics, and smart manufacturing. With a plan to make 20 investments over its first five years, the fund aims to fill persistent regional gaps in capital access and scaling support. Backed by […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/10/2025 02:50 EDT

Latvian Pats introduces faster invoice payments via Noda’s open banking network

Pats has integrated Noda’s pay-by-bank technology to offer instant invoice payments for the more than 20,000 freelancers and small businesses using its accounting platform. The move aims to address a persistent issue for Pats’ core user base—delayed and unpredictable cash flow—by enabling customers to complete bank transfers through a single link or QR code with […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/09/2025 07:23 EDT

Enerin raises €15 million Series A

Norway’s Enerin has raised €15 million in Series A funding, with participation from Climentum Capital, The Footprint Firm, Johnson Controls and Move Energy, with participation from PSV Hafnium and Momentum. The company develops modular high-temperature heat pumps capable of supplying industrial process heat up to 250°C, targeting sectors that rely on fossil-fuel boilers. Enerin plans […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/09/2025 06:07 EDT

Freepress raises €1M seed

Finnish news service Freepress has raised €1 million in seed funding to further develop its AI-driven news platform and prepare for international expansion. The round includes several experienced Finnish investors, led by Kustaa Poutiainen’s Stephen Industries Inc. Freepress uses a virtual AI editor to analyze large volumes of public and licensed news articles and generate […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/08/2025 04:40 EDT

Skycore Semiconductors raises €5M seed

Copenhagen-based Skycore Semiconductors has raised €5M in seed funding to commercialize its Power Integrated Circuit (IC) technology built for next-generation AI data centers moving toward 800V HVDC architectures. The round was led by the Amadeus APEX Technology Fund, with participation from First Momentum, Mätch VC, and Balnord, bringing the company’s total funding to €7.5M. Skycore […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/05/2025 07:40 EDT

Danish Chromologics raises €7 million to accelerate regulatory push for natural food colours

Chromologics, the Copenhagen-based biotech spin-out from DTU, has raised €7 million from Novo Holdings, EIFO, Döhler Ventures, Collateral Good and The Synergetic Group, bringing its total funding to nearly €20 million. The company develops fermentation-based natural food colours, led by its flagship ingredient Natu.Red®, a heat- and pH-stable alternative to synthetic red dyes. The fresh […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 12/05/2025 04:51 EDT

Bolt partners with Pony.ai

Tallinn-based Bolt is joining forces with Pony.ai to bring Level 4 autonomous driving to Europe, marking a major leap in urban mobility. The partnership integrates Pony.ai’s world-leading self-driving technology into Bolt’s extensive ride-hailing ecosystem, beginning with real-world testing, safety validation, and service design across select EU and non-EU European cities. By pairing Pony.ai’s autonomous vehicle […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 12/05/2025 03:55 EDT

Swedish Grasp brings in ex-Pitchbook leader to oversee UK market entry

Grasp, a Stockholm-based AI company developing multi-agent systems for automating investment banking and consulting tasks, has appointed former Pitchbook Core EMEA Director Lukas Otto as its UK Managing Director. Otto, who joined Pitchbook in 2017 and played a key role in building out its European operations, will oversee Grasp’s London office — the startup’s first […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 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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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 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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13.12.2025 07:31
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