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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Podimo, a Copenhagen-based audio subscription service, has acquired Dutch podcast production company Tonny Media, known for popular shows such as De Zelfspodcast and Geuze & Gorgels. This acquisition follows Podimo’s entry into the Dutch market in 2022, during which it also acquired Dag en Nacht Media and has now reached profitability. Both Podimo and Tonny […] Read more ›
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DealPotential, a Stockholm-based startup, has raised $1 million in Seed funding to advance its Investment Intelligence Platform, a tool designed to enhance decision-making for investment professionals. The funding was secured from a confidential Family Office, signaling robust investor confidence in DealPotential’s innovative approach to the investment sector. With these funds, DealPotential plans to accelerate the […] Read more ›
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Vilnius-based startup Tingit has secured €500,000 in pre-seed funding to further its mission of digitizing the repair industry, starting with fashion items. The round was led by Firstpick, with additional backing from BADideas.fund, PurposeTech, and Heartfelt Capital. Tingit offers a seamless platform that connects consumers with repair specialists, handling everything from service booking to payment […] Read more ›
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Helsinki-based biotech company NADMED has raised €3.5M in a Series A funding round led by Nordic Science Investments, with additional support from Voima Ventures, University of Helsinki Funds, private European investors, and Business Finland. NADMED has developed a CE-marked testing kit that measures NAD and glutathione levels from fresh blood samples, providing crucial data on […] Read more ›
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Business Insider
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20% 12 |
The Verge
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Tech Wire Asia
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Gizmodo
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8% 2 |
Android Authority
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8% 5 |
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27.11.2024 09:36
Last update: 09:31 EDT.
News rating updated: 16:32.
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