Copenhagen-based startup Nordic Salt Cycle has raised €3.5 million in pre-seed funding from EIFO, alongside existing investor The Footprint Firm and Germany-based Ananda Impact Ventures, to develop a molten salt-based process for recovering critical minerals from end-of-life products. The company is working on a modular technology designed to extract materials such as lithium, cobalt and […] Read more ›
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Jyväskylä-based materialtech startup Aisti has secured a €20 million venture debt loan from the European Investment Bank under the InvestEU programme to scale production of its bio-based acoustic ceiling tiles. The financing will fund the expansion of Aisti’s manufacturing facility in Kitee, enabling the company to double its planned annual capacity to 2.5 million square […] Read more ›
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Stockholm-based Sigrid has raised $5 million in new funding, bringing its total capital to around $27 million, as it doubles down on U.S. expansion and platform development in metabolic health. The round drew participation from a mix of existing backers and new international investors, signaling continued confidence in the company’s clinically validated, non-systemic approach to […] Read more ›
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Norwegian smart waste management company REEN AS has acquired Swedish AI specialist Bintel AB in a cross-border deal aimed at building the Nordics’ most comprehensive digital waste platform. While financial terms were not disclosed, the acquisition is backed by growth capital earmarked for product integration and regional expansion, bringing together REEN’s sensor-driven logistics and fleet […] Read more ›
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Stockholm-based Endra has raised a $20 million seed round led by Notion Capital, with strong participation from Norrsken VC, just six months after closing its pre-seed. Founded to automate one of construction’s most time-intensive bottlenecks, Endra builds an AI-powered platform that converts architectural 3D models directly into fully designed, code-compliant MEP systems—covering electrical, ventilation, fire […] Read more ›
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Aarhus-based Cordulus has raised €6.8 million in Series A funding to expand its AI-driven, hyperlocal weather forecasting technology into the energy sector, where forecast precision is increasingly critical for trading and risk management. The round includes a first investment from Delphinus Venture Capital, backed by institutional and industrial investors, alongside continued support from existing shareholders […] Read more ›
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Helsinki-based Bahn Express has raised €5 million in a funding round led by node.vc, with participation from existing backers Trind VC and Innovestor, alongside a group of angel investors including Wolt CPO Vincent Ho-Tin-Noe. Founded in 2024, Bahn Express operates a digital automotive logistics platform that connects car dealerships, rental firms, and leasing companies with […] Read more ›
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Oulu-based cleantech company Filtrabit has secured a €2 million funding commitment from investment vehicle Ajanta Innovations 2 Ky ahead of its upcoming financing round. The commitment anchors the round and will support Filtrabit’s international expansion following the commercial validation of its modular industrial dust extraction technology in Finland. The company develops systems that capture and […] Read more ›
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Copenhagen-based fintech startup Sumary has raised a $4.2 million pre-seed round to build AI-native infrastructure for bookkeepers and finance teams, in what the company says is one of the largest Danish rounds at this stage. The funding was led by byFounders, with participation from Partech, Tenity, and angel investors including Morten Primdahl (Founder Zendesk), Christian […] Read more ›
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Helsinki-based NADMED has launched the NADMED Award 2026, a $30,000 research initiative aimed at supporting scientific work in metabolomics and redox biology, an area of cellular research that has historically been limited by measurement challenges. The award is structured as a technology and collaboration programme rather than a cash grant. Selected projects will receive access […] Read more ›
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Helsinki-based cancer diagnostics startup MultivisionDx has raised a €1 million pre-seed round to advance its spatial biology platform designed to better match cancer patients with the most effective therapies based on the biology of their disease. The round was led by Antler, with participation from Helsinki University Funds, Kaikarhenni Oy, and a Finnish angel investor. […] Read more ›
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Vilnius-based Repsense has raised €2 million in seed funding to further develop its information analytics platform, which is used in both commercial and public-sector contexts, including NATO deployments. The round was led by Tensor Ventures, with participation from Seed Starter—supported by Erste Group—as well as existing backers BSV Ventures and Coinvest Capital. Repsense analyses large […] Read more ›
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Helsinki-based Rundit has been acquired by Greenstep, marking a strategic move to merge modern fund reporting software with full-scale fund administration services. Rundit, whose platform is used by VC and PE investors in more than 40 countries to automate portfolio data collection and LP reporting, will continue operating as a standalone product and team under […] Read more ›
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Estonian logistics startup MyDello has raised €3.1 million in a new funding round led by Icelandic VC Frumtak Ventures, with participation from existing investor Superhero Capital of Finland, as the company expands its automated freight platform into the UK. The round also brings Jevgeni Kabanov, president of Bolt, onto MyDello’s board, alongside Frumtak general partner […] Read more ›
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Finnish SAR satellite operator ICEYE and Swedish Space Corporation (SSC) have signed a Letter of Intent to explore deeper collaboration across mission development, satellite operations, ground infrastructure, and future launch services, marking a concrete step toward strengthening Nordic and NATO-aligned space-based security capabilities. The partnership brings together ICEYE’s sovereign SAR-based intelligence, surveillance and reconnaissance (ISR) […] Read more ›
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Danish industrial biotech startup EvodiaBio has raised €6 million in a funding round led by US-based RA Capital, with continued backing from EIFO and participation from new international investors Francis Family Funds and Wild Radicals. The company develops fermentation-driven technology that enables the efficient, scalable, and low-carbon production of natural aroma molecules—initially transforming beer production […] Read more ›
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Lovable has secured $330 million in Series B funding at a $6.6 billion valuation, as investors double down on tools that lower the barrier to building software. The round is led by CapitalG and Menlo Ventures’ Anthology fund, with backing from NVentures (NVIDIA), Salesforce Ventures, Databricks Ventures, Atlassian Ventures, HubSpot Ventures, Deutsche Telekom’s T.Capital, as […] Read more ›
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Stockholm-based nuclear startup Blykalla has raised $50 million to advance the industrialization of SEALER, its lead-cooled small modular reactor aimed at delivering stable, low-carbon baseload power. The round was co-led by Oklo Inc, Norrsken Launcher, and ARMADA Investment AG, with participation from KDDI, CoreWeave co-founders Brian Venturo and Peter Salanki, and investors including August One, […] Read more ›
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European lenders are unlocking a significant new financing channel for Estonia’s business sector. Under a pact between the EIB Group and local lender Coop Pank, up to €249 million in fresh loans and leases will be made available to Estonian SMEs and mid-sized companies by 2028, with a strong focus on gender equality and climate-related […] Read more ›
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Helsinki- and London-based Cloudberry has announced a €30 million initial close for what it describes as Europe’s first venture fund dedicated exclusively to semiconductors, photonics, and advanced materials. The fund will invest at pre-seed and seed stages, focusing on technologies linked to compute, connectivity, sensing, and power, at a time when European policymakers are seeking […] Read more ›
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21.07.2026 07:11
Last update: 07:06 EDT.
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