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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 08/22/2024 04:26 EDT

Finnish Return Entertainment teams up with Aethir to bring cloud gaming to smart TVs

Helsinki-based cloud-native gaming and entertainment company Return Entertainment has partnered with Aethir to enhance the smart TV gaming experience by integrating cloud-native gaming with decentralized GPU infrastructure. This collaboration aims to make high-quality, cinematic gaming more accessible on smart TVs, allowing users to play using their smartphones as controllers. With Aethir’s scalable GPU cloud services, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 08/22/2024 03:43 EDT

Arctic15 victory propels nooon into new horizons: from pitching stage to €400K funding success

Amidst the familiar confines of Cable Factory, now a cherished home to the Arctic15 event, the top 15 startups in the traditional pitching competition took the stage to unveil their business models. As the day drew to a close, it was nooon that stood triumphant, having captivated the audience and clinched the victory at the […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/21/2024 07:28 EDT

Estonian startup boosts seed funding to €6.36M, targets industrial scale for battery materials

Tallinn-based startup UP Catalyst has secured an additional €2.36 million in a seed extension round, increasing its total seed funding to €6.36 million. The latest round was backed by Warsaw Equity Group and Estonia’s state fund SmartCap, with continued support from existing investors including Extantia, Sunly, Little Green Fund, Scottish Baltic Invest, and UniTartu Ventures. […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 08/21/2024 02:26 EDT

Norwegian Hydrogen Mem-Tech and Arda Energy forge partnership to enhance hydrogen separation efficiency

Norwegian Hydrogen Mem-Tech and Arda Energy have announced a strategic partnership focused on improving hydrogen separation efficiency. Hydrogen Mem-Tech will supply its advanced hydrogen separators for integration into Arda Energy’s gas-to-hydrogen projects. This collaboration aims to enhance hydrogen production from biogas and natural gas by increasing efficiency and reducing energy consumption. The partnership leverages Arda […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 08/20/2024 08:24 EDT

Bone Index Raises Financing Round

Bone Index Finland Ltd, headquartered in Kuopio, has completed a new financing round with Lynx Financial (HK) Limited as the lead investor, alongside participation from European financial investors and existing shareholders. The company, known for its Bindex® system, a portable device for osteoporosis diagnostics, plans to use the funds to expand its distribution and service […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 08/20/2024 03:50 EDT

Oslo’s SportAI attracts €1.6M seed funding to expand AI-powered sports coaching platform

SportAI, an Oslo-based B2B sports technology company, has secured €1.6 million in seed funding led by Skyfall Ventures, with participation from MP Pensjon, Dekel Valtzer, and Sverre Munck. The company specializes in AI-driven sports technique coaching and analysis, offering real-time, personalized feedback for players across various sports. This latest funding will fuel the expansion of […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/20/2024 03:28 EDT

Lithuanian iDenfy teams up with Proxyrack to improve user registration accuracy and efficiency

Kaunas-based regtech company iDenfy has entered into a partnership with Proxyrack, a Hong Kong-based provider of proxy solutions, to enhance the accuracy and efficiency of Proxyrack’s user onboarding process. iDenfy’s identity verification technology will be integrated into Proxyrack’s system, streamlining the Know Your Customer (KYC) compliance and ensuring precise user registration. This collaboration aligns with […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 08/19/2024 08:17 EDT

Swedish startup raises €25 million to advance battery energy storage and grid integration

Stockholm-based energy grid innovator Flower has successfully closed a €25 million (290M SEK) Series A funding round. The investment, led by Northzone with additional support from 82an Invest and Zebkei Invest, also brings Northzone’s PJ Pärson onto Flower’s board of directors. Established in 2020 by John Diklev, Flower specializes in integrating battery energy storage systems […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/19/2024 07:10 EDT

Solar Foods partners with Ajinomoto Group

Helsinki-based startup Solar Foods, known for its innovative protein production technology, has partnered with the Ajinomoto Group to introduce Solein-powered products in Singapore. The collaboration marks a milestone with the launch of Flowering Mooncakes and Ice Cream Sandwiches under Ajinomoto’s new conscious brand, Atlr.72™️. Solein, a protein derived from air and electricity, is being piloted […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/19/2024 06:21 EDT

Kuva Space and ICEYE deploy new satellites via SpaceX Falcon 9

Finnish startups Kuva Space and ICEYE are making strides in space technology with recent satellite launches. Kuva Space successfully deployed its first hyperspectral microsatellite, Hyperfield-1, aboard a SpaceX Falcon 9, marking the start of a planned constellation to provide near real-time global data for climate monitoring and food security. Meanwhile, ICEYE launched four new synthetic […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 08/16/2024 08:36 EDT

Finnish Clevenio’s automated sales intelligence platform attracts pre-seed investment

Clevenio, a Jyväskylä-based B2B SaaS startup, has raised a pre-seed round to scale its sales intelligence software, which automates list building and account research for B2B sales teams. The round was led by Gorilla Capital, with strong support from Sofokus Ventures. With the new funding, Clevenio aims to extend its sales automation tools beyond the […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 08/16/2024 05:32 EDT

Latvian startup’s raises €3.1 million in crowdfunding, fueling investment platform’s growth

Mintos, a Riga-based platform that combines alternative and traditional investments, successfully raised €3.1 million through a crowdfunding campaign on Crowdcube. This campaign, which became one of the biggest in Europe for 2024, drew over 3,300 investors and reached its initial €1 million target in just 40 minutes. With strong support from investors in Germany, Spain, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 08/14/2024 03:11 EDT

Icelandic pharma tech raises €4.3M to expand U.S. and European operations

PLAIO, the Icelandic AI-driven platform revolutionizing pharmaceutical sales and operations planning, has raised €4.3 million in its latest funding round led by Iðunn, a venture capital fund managed by Kvika Asset Management. This follows previous funding of €2.7 million in 2021 and €400,000 from the Icelandic Technical Development Fund in 2023, with continued support from […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 08/13/2024 09:14 EDT

Collo raises €5M

Tampere-based Collo has secured €5 million in a funding round led by SEB Greentech Ventures and FORWARD.one, with Scale Capital participating. Collo specializes in IoT-based analyzers designed to optimize industrial liquid processes. The company plans to use the new funds to enhance its technology and expand its market presence. Collo’s analyzers provide real-time, accurate measurements […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 08/13/2024 05:40 EDT

Minut partners with Google Nest

Malmö-based Minut partners with Google Nest to enhance energy efficiency in short-term rental properties. The new integration allows property managers to control Google Nest thermostats through Minut’s platform, automating heating and cooling based on guest check-in and check-out schedules. This partnership aims to reduce energy consumption and carbon emissions by ensuring that heating and cooling […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/13/2024 04:47 EDT

Contribe raises over €1M

Contribe, a Copenhagen-based startup founded in 2023, has raised €1 million (7,5 million DKK) from venture funds Rockstart, Human Act Development, and the Export and Investment Fund of Denmark (EIFO), along with business angels including Morten Bæhrenz and Maria Krogh. The company provides a platform that enables consumers to support various social and environmental causes […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 08/12/2024 09:01 EDT

Latvian startup closes €80K in crowdfunding to boost production of electric camper-trikes

Latvian startup BeTriton has successfully raised €80,000 from 150 investors through its equity crowdfunding campaign on Crowdcube. Specializing in electro-mobility solutions, BeTriton develops innovative amphibious bicycle campers that blend boating, cycling, and camping into a single versatile vehicle. The funds will be allocated to expand production for their three models: the BeTriton Full, BeTriton Trailer, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/12/2024 07:39 EDT

Gympak raises funding

Helsingborg-based Gympak, a company providing gym bags, portable exercise equipment, and a training app to enhance hotel guest experiences, has secured significant funding through CEO Jone Sølvik’s early stock option redemption. In July, Sølvik personally invested over 1 million SEK into the company, a move that will help Gympak handle increasing orders and support its […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 08/09/2024 08:10 EDT

Latvian startup receives €1.5 million funding boost to revolutionize electric minibus market

Riga-based mechanical engineering company Electrify has secured a substantial €1.5 million in funding from ZGI Capital, a venture capital fund. This investment marks a pivotal moment for Electrify, which was founded in 2019 and stands as Latvia’s sole car manufacturer. The company specializes in producing electric minibuses designed for city and intercity transport, student transportation, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 08/09/2024 07:24 EDT

Estonian Viacurrent secures funding from Rockstart and Angel Investor Kristjan N. to boost employee financial wellness

Viacurrent, a Tallinn-based app focused on employee financial wellness, has secured investment from Amsterdam-based Rockstart and angel investor Kristjan N., though the exact funding amount remains undisclosed. The app aims to enhance financial stability for frontline workers by allowing them to access earned wages before payday and offering financial education resources. This investment is intended […] Read more

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27.11.2024 07:22
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